CUADRILLA WEALD LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on the going concern basis, notwithstanding losses for the year of £98,000 (year ended 30 June 2024: £69,000) and net liabilities of £6,258,000 (2024: £6,160,000), which the directors believe to be appropriate for the following reasons: [...] The directors of the Company acknowledge that there are material uncertainties that may cast doubt upon the Company's ability to continue as a going concern due to the considerations which have been assessed by AJL, as set out in the AJL Group Report for the full year ended 30 June 2025.

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

  —

  Not reported

• Net assets

  -1.6%

  -£6,160,000 → -£6,258,000

• Employees

  —

  Not reported

• Operating profit

  -42%

  -£69,000 → -£98,000

• Profit before tax

  -42%

  -£69,000 → -£98,000

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. CUADRILLA WEALD LIMITED 2013-04-12 → present
2. TANGLEWOOD RESOURCES LIMITED 2009-02-05 → 2013-04-12

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on the going concern basis, notwithstanding losses for the year of £98,000 (year ended 30 June 2024: £69,000) and net liabilities of £6,258,000 (2024: £6,160,000), which the directors believe to be appropriate for the following reasons: [...] The directors of the Company acknowledge that there are material uncertainties that may cast doubt upon the Company's ability to continue as a going concern due to the considerations which have been assessed by AJL, as set out in the AJL Group Report for the full year ended 30 June 2025.”

Significant events

• “The Company is currently a pre-production exploration company with no sustainable income stream.”

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.