GREENORE GOLD PLC

• ⚠

  Material uncertainty over going concern

  The Company incurred a loss for the year of £24,863 (2024: loss £425,623) and has net liabilities of £37,280 (2024: net liabilities £12,417) at the balance sheet date. The Company has a cash balance of £1,824 at the balance sheet date. Cashflow projections prepared by the directors indicate that the Company will require additional finance to meet the Company's obligations for a period of at least twelve months from the date of signing of the financial statements. These conditions represent a material uncertainty that may cast doubt on the Company's ability to 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

  -34.4%

  £2,781 → £1,824

• Net assets

  -200.2%

  -£12,417 → -£37,280

• Employees

  —

  Not reported

• Operating profit

  +93.7%

  -£427,549 → -£26,855

• Profit before tax

  +94.2%

  -£425,623 → -£24,863

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Ireland Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company incurred a loss for the year of £24,863 (2024: loss £425,623) and has net liabilities of £37,280 (2024: net liabilities £12,417) at the balance sheet date. The Company has a cash balance of £1,824 at the balance sheet date. Cashflow projections prepared by the directors indicate that the Company will require additional finance to meet the Company's obligations for a period of at least twelve months from the date of signing of the financial statements. These conditions represent a material uncertainty that may cast doubt on the Company's ability to continue as a going concern.”

Group structure

1. GREENORE GOLD PLC · parent
   1. Greenore Gold Holdings Limited 100% · Holding company
   2. Greenore Ayrshire Limited 100% · Holding company
   3. Loch Tay Holdings Ltd 100% · Holding company

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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