GALILEO RESOURCES PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +3,913.3%

  £42,860 → £1,720,095

• Net assets

  +13.3%

  £10,952,227 → £12,408,593

• Employees

  0%

  3 → 3

• Operating profit

  -20.5%

  -£963,533 → -£1,161,187

• Profit before tax

  +273.7%

  -£966,115 → £1,678,598

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. GALILEO RESOURCES PLC 2011-09-27 → present
2. GENERAL INDUSTRIES PLC 2006-02-17 → 2011-09-27
3. SPEAREAGLE PUBLIC LIMITED COMPANY 2006-01-19 → 2006-02-17

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

MAH Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group has sufficient financial resources to enable it to continue in operational existence for the foreseeable future, to continue the current development programme and meet its liabilities as they fall due. The Company has no external debt or overdrafts.”

Group structure

1. GALILEO RESOURCES PLC · parent
   1. Skiptons Global Investments Limited 100% · British Virgin Islands · Holding Company
   2. Galileo Resources SA (Pty) Ltd 100% · South Africa · Holding Company
   3. Galileo Shinganda Limited 100% · United Kingdom · Principal activity is the same as that of Galileo Resources Plc.
   4. St Vincent Minerals Incorporated 100% · United States
   5. Enviro Zambia Limited 100% · Mauritius · Holding Company
   6. Enviro Processing Zambia Limited 95% · Zambia · Principal activity is the same as that of Galileo Resources Plc.
   7. Camel Valley Holdings Inc 100% · British Virgin Islands
   8. Crocus-Serv (Pty) Ltd 100% · Botswana · Holding Company
   9. Africibum Co (Pty) Ltd 100% · Botswana · Principal activity is the same as that of Crocus-Serv (Pty) Ltd.
   10. Virgo Business Solutions (Pty) Ltd 100% · Botswana · Principal activity is the same as that of Crocus-Serv (Pty) Ltd.
   11. Galileo Mining (Pty) Ltd 90% · Zambia · Principal activity is the same as that of Galileo Resources Plc.
   12. Luansobe Mining Ltd 68% · Zambia
   13. Garbo Resources Limited 51% · Zambia · Principal activity is the same as that of Galileo Resources Plc.
   14. BC Ventures Limited 80% · Bahamas · Principal activity is the same as that of Galileo Resources Plc.
   15. Sinamatella investments (Private) Limited 80% · Zimbabwe · Principal activity is the same as that of Galileo Resources Plc.

Significant events

• “On 13 May 2025, The Company announced that it had signed a royalty agreement with Bronco Creek Exploration Inc. ("BCE"), a wholly-owned subsidiary of EMX Royalty Corporation ("EMX"), to advance exploration at its' 100% owned Ferber copper-gold property ("the Property") in Nevada, USA by leveraging BCE's wide operational background and technical knowledge of the mineral potential of the district.”
• “On 17 September 2025, the Company announced an oversubscribed fundraising for £1,700,000 at a price of 0.80 pence per Ordinary Share (The "Fundraising Price") for the advancement of its copper projects and for general working capital requirements.”
• “The Board agreed that the Consultant Shares comprise 6,000,000 new Ordinary Shares that were issued to settle £48,000 of fees due to consultants to be issued at the Fundraising Price.”

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

Filings

6

last 12 months

Capital events

1

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.