ORTAC RESOURCES (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors have reviewed the cash flow requirements in the next 12 months and recognise that the ability of the Group to continue as a going concern is dependent on financial support from the parent entity Metalstech Ltd, a company listed on the Australian Securities Exchange. These conditions indicate a material uncertainty that may cast a significant doubt about the Group's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The Directors believe there are sufficient funds to meet the Group's working capital requirements as at the date of this report. Should the Group not be able to continue as a going concern, it may be required to realise its assets and discharge its liabilities other than in the ordinary course of business, and at amounts that differ from those stated in the financial statements and that the financial report does not include any adjustments relating to the recoverability and classification of recorded asset amounts or liabilities that might be necessary should the company not continue as a going concern.

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

  -53.5%

  £15,021 → £6,990

• Net assets

  -0.8%

  £8,566,094 → £8,500,361

• Employees

  0%

  3 → 3

• Operating profit

  -5.3%

  -£62,417 → -£65,733

• Wages

  0%

  £24,000 → £24,000

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. ORTAC RESOURCES (UK) LIMITED 2013-02-26 → present
2. ORTAC RESOURCES (UK) PLC 2013-02-26 → 2013-02-26
3. ORTAC RESOURCES PLC 2007-11-06 → 2013-02-26

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Simpson Wreford LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have reviewed the cash flow requirements in the next 12 months and recognise that the ability of the Group to continue as a going concern is dependent on financial support from the parent entity Metalstech Ltd, a company listed on the Australian Securities Exchange. These conditions indicate a material uncertainty that may cast a significant doubt about the Group's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The Directors believe there are sufficient funds to meet the Group's working capital requirements as at the date of this report. Should the Group not be able to continue as a going concern, it may be required to realise its assets and discharge its liabilities other than in the ordinary course of business, and at amounts that differ from those stated in the financial statements and that the financial report does not include any adjustments relating to the recoverability and classification of recorded asset amounts or liabilities that might be necessary should the company not continue as a going concern.”

Group structure

1. ORTAC RESOURCES (UK) LIMITED · parent
   1. Ortac s.r.o 100% · Slovakia
   2. St Stephans Gold s.r.o 100% · Slovakia

Significant events

• “The parent company Metalstech Ltd raised AUD$3.3m via a placement of shares in April and May 2025 via strategic investment agreements”

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

Filings

3

last 12 months

Capital events

0

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.