BMC (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a going concern basis which the directors consider to be appropriate given the cash flow forecasts prepared. However, material uncertainties exist that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, to continue realising its assets and discharging its liabilities in the normal course of business.

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

• Turnover

  +7.6%

  £817,074 → £879,121

• Cash

  -53%

  £200,344 → £94,192

• Net assets

  +5%

  £69,392,240 → £72,881,812

• Employees

  0%

  3 → 3

• Operating profit

  +10.3%

  -£412,649 → -£370,038

• Profit before tax

  +11.9%

  -£421,619 → -£371,533

• Wages

  +0.3%

  £232,489 → £233,236

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

Edwards Veeder

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate given the cash flow forecasts prepared. However, material uncertainties exist that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, to continue realising its assets and discharging its liabilities in the normal course of business.”

Group structure

1. BMC (UK) LIMITED · parent
   1. Base Metal Company Limited 100% · England & Wales · Dormant
   2. BMC (UK) No.1 Limited 100% · England & Wales · Holding Company
   3. BMC (UK) No.2 Limited 100% · England & Wales · Holding Company
   4. BMC (UK) No.3 Limited 100% · England & Wales · Dormant
   5. BMC Metals Limited 100% · England & Wales · Dormant
   6. BMC Minerals Group Limited 100% · England & Wales · Dormant
   7. BMC Minerals Limited 100% · England & Wales · Dormant
   8. Brass Metal Company Limited 100% · England & Wales · Dormant
   9. BMC Minerals Ltd 88.27% · Canada · Exploration & Development

Significant events

• “In 2024, the Company executed the option and acquired 100% of the Fyre Lake project, renaming it the Kona Project.”
• “In June 2024, the Company agreed to another co-investment share subscription agreement in BMCM via BMC (UK) No. 1 Limited, committing to total acquisition of 5,181,777 shares in BMCM at a cost of US$1.88352 per share, a total further investment of US$9,759,982.”
• “The first during the 2024 financial year, in June 2024, when Company via its wholly owned subsidiary BMC (UK) No 1 Ltd, acquired 2,590,889 shares in BMCM at a cost per share of US$1.88352, a total investment cost of US$4,879,991.”
• “The second and final tranche closing during the 2025 financial year, in September 2024, when the Company via its wholly owned subsidiary BMC (UK) No 1 Ltd, acquired 2,590,888 shares in BMCM at a cost per share of US$1.88352, a total investment cost of US$4,879,989.”
• “The IPO was completed and BMC Minerals Ltd shares began trading on the ASX on 12th December 2025 under the ASX ticker "BMC".”
• “On 12 December 2025, shares in BMC Minerals Limited became listed and started trading on the Australia Stock Exchange. BMC Minerals raised approximately A$100,000,000 via its Initial Public Listing ("IPO").”

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

Filings

20

last 12 months

Capital events

5

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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