SOLGOLD PLC
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-06-30
Confirmation statement due
2026-05-25 (this month)
Last made up 2025-05-11
Watchouts
Cash
£9M
US$ 11,839,554
+96.4% vs 2024
Net assets
£179M
US$ 238,985,575
+14.2% vs 2024
Employees
257
-13.8% vs 2024
Profit before tax
-£27M
US$ -35,754,698
+42.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
8 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£15,546,502 | -£10,752,178 | |
| Profit before tax | -£46,582,561 | -£26,728,488 | |
| Net profit | -£45,077,336 | -£27,098,522 | |
| Cash | £4,506,274 | £8,850,680 | |
| Total assets less current liabilities | £342,515,114 | £363,986,004 | |
| Net assets | £156,412,687 | £178,654,089 | |
| Equity | £156,412,687 | £178,654,089 | |
| Average employees | 298 | 257 | |
| Wages | £7,323,902 | £7,532,205 | |
| Directors' remuneration | £3,145,016 | £2,035,485 |
Figures converted to GBP from US$ at 0.748 per US$ (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
—
Not reported
-
Cash
+96.4%
£4,506,274 £8,850,680
-
Net assets
+14.2%
£156,412,687 £178,654,089
-
Employees
-13.8%
298 257
-
Operating profit
+30.8%
-£15,546,502 -£10,752,178
-
Profit before tax
+42.6%
-£46,582,561 -£26,728,488
-
Wages
+2.8%
£7,323,902 £7,532,205
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Return on capital employed | -4.5% | -3.0% | |
| Gearing (liabilities / total assets) | 54.9% | 51.6% | |
| Current ratio | 1.52x | 1.98x | |
| Interest cover | -1.14x | -0.65x |
Margins divide P&L lines by turnover. 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
- SOLGOLD PLC 2012-05-28 → present
- SOLOMON GOLD PLC 2005-12-22 → 2012-05-28
- SOLOMON GOLD LIMITED 2005-05-11 → 2005-12-22
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, do or may cast significant doubt on the Group's and the Company'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
- SOLGOLD PLC · parent
- Australian Resource Management (ARM) Pty Ltd 1%
- Acapulco Mining Pty Ltd 1%
- Central Minerals Pty Ltd 1%
- Honiara Holdings Pty Ltd 1%
- SolGold Operations Ltd 1%
- Exploraciones Novominera S.A. 1%
- Cascabel-Ecuador Holding S.A. 1%
- Carnegie Ridge Resources S.A. 1%
- Cruz de Sol CSA S.A. 1%
- Valle Rico Resources V.R.R S.A. 1%
- Vetagrande Minerals S.A. 1%
- SolGold-Ecuador S.A. 1%
- Novoproyectos-Sustentables S.A. 1%
- SolGold Canadian Callco Corp. 1%
- SolGold Canadian Exchangeco Corp. 1%
- SolGold Finance AG 1%
- SolGold Canada Inc. (formerly Cornerstone Capital Resources Inc.) 1%
- Cornerstone Exploration Inc. 1%
- Gestion Minera S.A. 1%
- Bellarmira Mining S.A. 1%
- Canabrava Mining S.A. 0.84%
- Explonacion S.A. 1%
- Exploraciones Ecuador S.A. 1%
- CornerStone Exploraciones S.A. 1%
- Vetagrandes Mine S.A. 1%
- Limitada 1%
- Solomon Operations Ltd 0.27%
Significant events
- “The 2025 financial year has been a year of substantial progress for SolGold, marked by important steps toward development status and a strengthening of our leadership capabilities. The Company advanced the Cascabel Project through major financing and feasibility study activities, secured critical approvals at Porvenir while progressing plans for its broader exploration portfolio, and restructured its Board and management to align with its next phase of growth.”
- “During 2025, the Company issued 30,000,000 options over ordinary shares and issued no ordinary shares. At year-end, the Company had a total of 3,001,106,975 fully paid ordinary shares and 103,100,000 options on issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILSON, Ryan James | Secretary | 2025-09-23 | — | — |
| LIU, Jian Xiong | Director | 2026-03-11 | Dec 1964 | Canadian |
| VUJCIC, Slobodan | Director | 2022-10-24 | Dec 1978 | Australian |
| ZHANG, Meng | Director | 2026-03-04 | Sep 1983 | Chinese |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORNISH, Duncan Patrick | Secretary | 2005-05-11 | 2008-11-28 |
| DOYLE, James Christopher | Secretary | 2023-08-10 | 2023-11-30 |
| GANDHI, Rufus | Secretary | 2022-08-01 | 2023-02-27 |
| HOLDEN, Simon William | Secretary | 2009-03-17 | 2009-05-06 |
| NAGLE, Kevin Michael | Secretary | 2008-11-03 | 2009-03-13 |
| SCHLOBOHM, Karl | Secretary | 2009-04-30 | 2021-06-30 |
| WILKINS, Dennis | Secretary | 2021-07-01 | 2022-08-01 |
| WILSON, Ryan James | Secretary | 2023-02-27 | 2023-08-10 |
| WOOD, Steven Douglas | Secretary | 2023-08-10 | 2025-09-23 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2005-05-11 | 2005-05-11 |
| BOVARD, John | Director | 2009-11-01 | 2018-12-20 |
| CALDWELL, Scott Andrew | Director | 2022-10-24 | 2026-03-04 |
| CALDWELL, Scott Andrew | Director | 2016-09-09 | 2017-06-19 |
| CLARE, James | Director | 2018-05-01 | 2023-12-20 |
| CUZZUBBO, Darryl Alfred | Director | 2021-11-16 | 2022-11-10 |
| GRANT GOODEY, Elodie | Director | 2020-07-17 | 2022-12-22 |
| JELLEY, David | Director | 2005-10-18 | 2007-05-23 |
| JONES, Craig | Director | 2017-03-03 | 2020-06-25 |
| JOSELAND, Charles Lansley | Director | 2024-02-27 | 2026-03-04 |
| LEGGE, Anna Rebecca | Director | 2019-06-17 | 2019-11-13 |
| LEVY, Ian Warwick | Director | 2005-08-03 | 2005-10-18 |
| LIU, Jian Xiong | Director | 2024-02-25 | 2026-03-04 |
| MARSHALL, Keith | Director | 2020-10-21 | 2022-08-12 |
| MARTIN, Alan Mcclean | Director | 2013-10-08 | 2015-05-17 |
| MASCOLO, Vincent David | Director | 2005-05-11 | 2005-10-18 |
| MATHER, Nicholas | Director | 2005-05-11 | 2026-03-04 |
| MOLLER, Brian | Director | 2005-05-11 | 2021-12-15 |
| NORRIS, Malcolm Stewart | Director | 2011-11-01 | 2013-02-22 |
| O'KANE, Kevin Patrick | Director | 2020-10-21 | 2022-12-22 |
| RAWLINGS, Christopher David | Director | 2005-07-18 | 2005-12-19 |
| RICAURTE, Maria Amparo Alban | Director | 2020-10-21 | 2026-03-04 |
| SMITH, Paul Norman | Director | 2025-03-03 | 2026-03-04 |
| TWIGGER, Liam Anthony | Director | 2019-06-17 | 2023-12-20 |
| VAN BARNEVELD, Adrian Lawrence Steven | Director | 2023-12-20 | 2025-11-27 |
| WARD, Jason Thomas | Director | 2019-06-17 | 2022-05-13 |
| WEINBERG, Robert Maurice, Dr | Director | 2005-11-22 | 2020-12-17 |
| WENCK, Cameron David | Director | 2005-11-22 | 2013-02-28 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2005-05-11 | 2005-05-11 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 322 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-07 MA Memorandum articles
- 2026-03-07 RESOLUTIONS Resolution
- 2026-01-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-12 | OC | miscellaneous | Court order | |
| 2026-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-07 | MA | incorporation | Memorandum articles | |
| 2026-03-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-23 | SH01 | capital | Capital allotment shares | |
| 2026-01-23 | SH01 | capital | Capital allotment shares | |
| 2026-01-14 | SH01 | capital | Capital allotment shares | |
| 2026-01-14 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-09 | SH01 | capital | Capital allotment shares | |
| 2025-12-24 | AA | accounts | Accounts with accounts type group | |
| 2025-12-17 | SH01 | capital | Capital allotment shares | |
| 2025-12-16 | SH01 | capital | Capital allotment shares | |
| 2025-12-10 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 7
- Officers appointed
- 3
- Officers resigned
- 8
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.