NATIVO RESOURCES PLC

• ⚠

  Material uncertainty over going concern

  The Group incurred a loss of $2,247,205 during the year ended 31 December 2024 and, at that date, had the net current liabilities of $1,475,449 and net liabilities of $9,015,706. These conditions indicate that a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern.

Figures converted to GBP from USD at 0.748 per USD (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

• Turnover

  —

  Not reported

• Cash

  -44.6%

  £62,142 → £34,442

• Net assets

  -1.3%

  -£6,650,801 → -£6,739,707

• Employees

  -50%

  8 → 4

• Operating profit

  -30.1%

  -£912,601 → -£1,187,390

• Profit before tax

  +45%

  -£3,054,135 → -£1,679,902

• Wages

  -5.8%

  £417,171 → £392,874

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

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.

1. NATIVO RESOURCES PLC 2024-09-17 → present
2. ECHO ENERGY PLC 2017-04-18 → 2024-09-17
3. INDEPENDENT RESOURCES PLC 2005-06-16 → 2017-04-18

Accounting basis

UK adopted IFRS

Reporting scope

Consolidated group

Auditor

MAH, Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Group incurred a loss of $2,247,205 during the year ended 31 December 2024 and, at that date, had the net current liabilities of $1,475,449 and net liabilities of $9,015,706. These conditions indicate that a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern.”

Group structure

1. NATIVO RESOURCES PLC · parent
   1. Echo Energy Holdings (UK) Limited 100% · England & Wales · Holding company
   2. Echo Energy Argentina Holdings Limited 100% · England & Wales · Holding company
   3. Echo Energy Tapi Aike Limited 100% · England & Wales · Holding company
   4. Eco Energy TA Op Limited 100% · England & Wales · Dormant
   5. Echo Energy C D & LLC Limited 100% · England & Wales · Holding company
   6. Eco Energy CDL Op Limited 100% · England & Wales · Dormant
   7. Echo Energy Bolivia (Hold Co 1) Limited 100% · England & Wales · Holding company
   8. Echo Energy Bolivia (Op Co 1) Limited 100% · England & Wales · Dormant
   9. Echo Energy Bolivia (Hold Co 2) Limited 100% · England & Wales · Holding company
   10. Echo Energy Bolivia (Op Co 2) Limited 100% · England & Wales · Dormant
   11. Echo Natural Resources Limited 100% · England & Wales · Holding company
   12. Boku Resources SAC 50% · Peru · Peruvian operating company
   13. Dydima EIRL 100% · Peru · Dormant

Significant events

• “In March 2025, Boku signed an option agreement to evaluate the opportunity to recover and sell gold and silver from the Toma La Mano tailings deposit in the Ancash region.”
• “In April 2025, Nativo acquired directly a 100% interest in the Morrocota Gold Mine, proximal to the Tesoro Gold Concession.”
• “In January 2025 the Company announced the further restructuring of the Spartan Loan to help with cash flow going forward.”
• “James Parsons retired from the Board at the AGM in June 2024. Martin Hull resigned as a Director at the end of October 2024. Andrew Donovan joined the Board in September 2024.”
• “In February 2025 the Company reduced the number of Existing Ordinary Shares in issue with a resulting adjustment in the market price of such shares, by consolidating the Existing Ordinary Shares on the basis of 1 New Ordinary Share of 0.15p for every 1,500 Existing Ordinary Shares of 0.0001p each.”
• “In May 2025 the Company entered into an agreement with an investor (the "Noteholder") concerning the creation of 315,000 £1.00 interest-free convertible loan notes (the "Notes") to raise net proceeds of £300,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

10

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.