KONEXUS RESOURCES GROUP LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -31.8%

  £118,310,366 → £80,645,524

• Cash

  +74.1%

  £4,669,190 → £8,129,593

• Net assets

  +0.3%

  £33,458,702 → £33,543,740

• Employees

  +11.1%

  9 → 10

• Operating profit

  -95.1%

  £26,576,165 → £1,301,994

• Profit before tax

  -99.5%

  £25,794,944 → £141,147

• Wages

  +136.8%

  £279,356 → £661,467

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. KONEXUS RESOURCES GROUP LIMITED 2024-09-16 → present
2. CONEXUS RESOURCES LTD 2017-01-17 → 2024-09-16
3. CENTURY OVERSEAS LIMITED 2015-05-19 → 2017-01-17

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Barnes Roffe Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. KONEXUS RESOURCES GROUP LIMITED · parent
   1. Konexus Resources Pte Ltd 100% · Singapore · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   2. Konexus International Solutions Pvt Ltd 99.98% · India · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   3. Konexus Aluminium International Co. WLL 85% · Bahrain · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   4. Konexus Agri Ltd 100% · United Kingdom · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   5. Energenix Global (Thailand) Co.Limited 49% · Thailand · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   6. Konexus Resources Inc 100% · USA · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   7. Konexus Resources Canada Ltd 100% · Canada · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   8. Konexus Agri International Co. WLL 85% · Bahrain · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals
   9. Konexus Resources B.V. 100% · Netherlands · commodity trading in physical metals, agricultural commodities and manufacture of non-ferrous metals

Significant events

• “FY2024 represented a pivotal year for Konexus Resources Group, marked by strategic transformation initiatives. Key actions undertaken during the year included corporate rebranding, a comprehensive organizational structure & process optimization initiative, and targeted steps toward portfolio diversification and value chain integration across sectors, commodities, and geographic markets in which the Group operates.”
• “Significant progress was made with the transformation initiatives, despite significant external headwinds during the year such as ongoing geopolitical tensions, disruption of shipping routes due to the closure of the Red Sea, with vessels rerouted via the Cape of Good Hope leading to increased costs and delivery times.”
• “In response to external challenges, the Group remained focused on unlocking synergies and driving strategic growth. As part of our ongoing diversification efforts, we expanded our portfolio and strengthened our presence across high-potential sectors and geographies.”
• “During the year, we acquired a Thailand-based company operating in the energy processing sector, enhancing our capabilities in the region. In parallel, we established a new subsidiary in Bahrain dedicated to core agri-staples processing, with regulatory licensing currently underway.”
• “In addition to our strategic initiatives, several new entities were incorporated during the year to enhance operational efficiency and regulatory alignment. These structural enhancements have strengthened our ability to respond to evolving market dynamics, while ensuring greater agility, compliance, and scalability across our global operations.”
• “Expansion into New Lines of Business: We have strategically expanded into the agri-processing sector to further diversify our portfolio. In addition, we have concluded several commercial trade arrangements that provide access to new markets, enhancing our geographical reach and strengthening our global footprint.”
• “Enhanced Banking and Hedging Capabilities: To sustain our growth trajectory, we have secured additional banking facilities and established new hedging mechanisms, enabling us to meet emerging financial requirements and mitigate risks effectively.”

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

Filings

7

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.