HOCHSCHILD MINING ARES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
Cash
£0
USD 0
-100% vs 2023
Net assets
£840K
USD 1,124,000
-2.1% vs 2023
Employees
0
Average over period
Profit before tax
-£18K
USD -24,000
+20% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As the Company has not traded for a number of years, the Director has a firm intention to strike-off the Company from the Companies Register during 2026, and accordingly it is deemed most appropriate to present the financial statements on a basis other than going concern.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£21,679 | -£17,194 | |
| Profit before tax | -£22,427 | -£17,941 | |
| Net profit | -£22,427 | -£17,941 | |
| Cash | £748 | £0 | |
| Total assets less current liabilities | £858,189 | £840,248 | |
| Net assets | £858,189 | £840,248 | |
| Equity | £858,189 | £840,248 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-100%
£748 £0
-
Net assets
-2.1%
£858,189 £840,248
-
Employees
—
Not reported
-
Operating profit
+20.7%
-£21,679 -£17,194
-
Profit before tax
+20%
-£22,427 -£17,941
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -2.5% | -2.0% | |
| Current ratio | 8.70x | 7.61x | |
| Interest cover | -28.98x | -22.99x |
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 1 time since incorporation
- HOCHSCHILD MINING ARES (UK) LIMITED 2008-04-25 → present
- HACKREMCO (NO. 2548) LIMITED 2008-01-24 → 2008-04-25
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As the Company has not traded for a number of years, the Director has a firm intention to strike-off the Company from the Companies Register during 2026, and accordingly it is deemed most appropriate to present the financial statements on a basis other than going concern.”
Significant events
- “The steps to strike off the Company from the Companies Register have not yet commenced at the time of signature of the financial statements but it is the Sole Director's intention to complete the process during 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BHASIN, Rajish Dev | Director | 2008-04-24 | May 1976 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HACKWOOD SECRETARIES LIMITED | Corporate Nominee Secretary | 2008-01-24 | 2008-04-30 |
| HACKWOOD DIRECTORS LIMITED | Corporate Nominee Director | 2008-01-24 | 2008-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hochschild Mining Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-13 | AA | accounts | Accounts with accounts type full | |
| 2026-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-12-05 | AA | accounts | Accounts with accounts type full | |
| 2024-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-23 | AA | accounts | Accounts with accounts type full | |
| 2023-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-12 | AA | accounts | Accounts with accounts type full | |
| 2022-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-11 | AA | accounts | Accounts with accounts type full | |
| 2021-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-12 | AA | accounts | Accounts with accounts type full | |
| 2020-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-10-10 | AA | accounts | Accounts with accounts type full | |
| 2019-07-12 | SH01 | capital | Capital allotment shares | |
| 2019-02-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-10-09 | AA | accounts | Accounts with accounts type full | |
| 2018-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.