XTRACT RESOURCES PLC
Get an alert when XTRACT RESOURCES PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.3m
+5.7% vs 2024
Net assets
£18m
-3.5% vs 2024
Employees
7
0% vs 2024
Profit before tax
-£1.9m
-353.5% vs 2024
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | -£1,406,000 | -£2,234,000 | -58.9% | |
| Profit before tax | -£419,000 | -£1,900,000 | -353.5% | |
| Net profit | — | -£2,039,000 | — | |
| Cash | £2,170,000 | £2,293,000 | +5.7% | |
| Total assets less current liabilities | £18,373,000 | £17,724,000 | -3.5% | |
| Net assets | £18,373,000 | £17,724,000 | -3.5% | |
| Equity | £18,373,000 | £17,724,000 | -3.5% | |
| Average employees | 7 | 7 | 0% | |
| Wages | £508,000 | £390,000 | -23.2% | |
| Directors' remuneration | £276,000 | £368,000 | +33.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Return on capital employed | -7.7% | -12.6% | |
| Gearing (liabilities / total assets) | 4.3% | 3.8% | |
| Current ratio | 5.60x | 6.98x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- XTRACT RESOURCES PLC 2013-06-25 → present
- XTRACT ENERGY PLC 2006-05-08 → 2013-06-25
- RESMEX PLC 2004-10-22 → 2006-05-08
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- MAH, Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the directors' assessment of the entity's ability to continue to adopt the going concern basis of accounting included a detailed review of the Group's forecasts in comparison to available management accounts at the date of these financials to assess the reasonability of the estimates made. We have further performed a sensitivity analysis to conclude on the degree to which current cash reserves will be able to sustain the Group for at least a further twelve months from the date of these financials. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- XTRACT RESOURCES PLC · parent
- Xtract International Limited 100%
- Xtract Energy Spain SL 100%
- Xtract Energy Holdings Limited 100%
- Elko Energy Inc. 100%
- Elko Energy A/S 100%
- RPK Finance & Holdings BV 100%
- Elko Energy BV 100%
- Elko Exploration BV 100%
- Polar Mining (Barbados) Limited 100%
- Minera Polar Limitada 100%
- Prospectore Ltd 100%
- Ascott Mining Zambia Ltd 99%
- Sandown Holdings 100%
- Wildstone SARL 80%
Significant events
- “On 3 February 2026, the Company announced that it had entered into an agreement with with Oval Mining Limited ("Oval") the holder of Small Scale Mining Licence 34544-HQ-SML in the Mumbwa District of Zambia (the "Mining Licence") and Cooperlemon Consultancy Limited ("Cooperlemon") to enter into a new joint venture for the development of copper mining operations at the Mining Licence ("Silverking Mining Joint Venture") to produce copper concentrate.”
- “On 25 March 2026, the Company awarded 35,600,000 new options to Directors and a further 44,100,000 new options to employees, consultants and other officers of the Company.”
- “On 2 June 2026 the Company announced that a mining licence had been granted for the Amghas antimony project in northwest Morocco, marking a major step toward near-term production.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LION MINING FINANCE LIMITED | Corporate Secretary | 2016-09-01 | — | — |
| BIRD, Colin | Director | 2012-09-10 | Nov 1943 | British |
| FORD, Alastair | Director | 2020-07-23 | Jun 1971 | British |
| SILBERSTEIN, Joel Messod | Director | 2014-02-25 | Feb 1975 | British |
| THYGESEN, Kjeld Randolph | Director | 2021-08-20 | Jun 1947 | Danish |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRY, Talya | Secretary | 2006-03-10 | 2008-03-10 |
| ABACUS LONDON LIMITED | Corporate Secretary | 2004-10-22 | 2006-03-10 |
| CARGIL MANAGEMENT SERVICES LIMITED | Corporate Secretary | 2008-03-07 | 2014-02-28 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2004-10-22 | 2004-10-22 |
| ST JAMES'S CORPORATE SERVICES LIMITED | Corporate Secretary | 2014-03-01 | 2016-09-01 |
| ANNELLS, Robert John | Director | 2004-11-11 | 2009-12-31 |
| BUTCHER, Paul David | Director | 2010-07-02 | 2012-07-06 |
| CONLON, John Joseph | Director | 2007-01-04 | 2010-03-31 |
| HUME, Alan Douglas | Director | 2010-10-01 | 2012-11-01 |
| KANE, Jeremy Alden | Director | 2011-09-12 | 2012-09-10 |
| LAYDEN, Carl Euston | Director | 2004-10-22 | 2007-01-01 |
| MOIR, Peter Lemon | Director | 2010-05-19 | 2021-12-31 |
| MORRISON, Andrew John Gowdy | Director | 2007-07-09 | 2010-07-05 |
| NELSON, Jan Petrus | Director | 2013-05-28 | 2016-09-13 |
| NEWTON, John Allan | Director | 2006-03-10 | 2011-06-30 |
| NICHOLS, Mark James | Director | 2008-01-15 | 2011-06-30 |
| OSTRANDER, David | Director | 2004-10-22 | 2005-03-14 |
| READ, Jeremy James | Director | 2020-11-03 | 2021-08-04 |
| SAMTANI, Raju | Director | 2012-10-17 | 2013-05-24 |
| WATKINS, George Edward | Director | 2011-07-01 | 2012-09-10 |
| WICKERSON, Susan Joan | Director | 2004-11-09 | 2010-10-01 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Director | 2004-10-22 | 2004-10-22 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2004-10-22 | 2004-10-22 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 248 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-18 RESOLUTIONS Resolution
- 2024-09-24 RESOLUTIONS Resolution
- 2021-11-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type group | |
| 2026-07-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-09 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | AA | accounts | Accounts with accounts type group | |
| 2025-06-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-08 | AA | accounts | Accounts with accounts type group | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-12 | AA | accounts | Accounts with accounts type group | |
| 2023-02-16 | SH01 | capital | Capital allotment shares | |
| 2022-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-12 | SH01 | capital | Capital allotment shares | |
| 2022-07-19 | AA | accounts | Accounts with accounts type group | |
| 2022-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-17 | RESOLUTIONS | resolution | Resolution | |
| 2021-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-27 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.