CONDOR PARTNERS LIMITED
Get an alert when CONDOR PARTNERS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£4.3m
USD 5,704,477
+175.8% vs 2023
Net assets
£2.5m
USD 3,300,966
+3.6% vs 2023
Employees
—
Average over period
Profit before tax
£411k
USD 549,003
-59.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-06-30.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £290,136,887 | £260,527,000 | -10.2% | |
| Operating profit | £1,631,254 | £804,572 | -50.7% | |
| Profit before tax | £1,020,176 | £410,777 | -59.7% | |
| Net profit | £803,886 | £297,119 | -63% | |
| Cash | £1,547,592 | £4,268,221 | +175.8% | |
| Total assets less current liabilities | £2,396,561 | £2,482,062 | +3.6% | |
| Net assets | £2,384,358 | £2,469,859 | +3.6% | |
| Equity | £2,384,358 | £2,469,859 | +3.6% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | £269,360 | £224,467 | -16.7% |
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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | 0.6% | 0.3% | |
| Net margin | 0.3% | 0.1% | |
| Return on capital employed | 68.1% | 32.4% | |
| Current ratio | 1.38x | 1.20x | |
| Interest cover | 2.35x | 1.61x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the forecasts and projections the directors have reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- CONDOR PARTNERS LIMITED · parent
- Condor Resources LLC 75%
Significant events
- “The political changes in Colombia in 2023 have had a more significant impact on the day-to-day business of the company compared to what was anticipated by the management. Indeed, the new government regulations regarding financial control, administrative burdens, and delays in export authorizations have considerably slowed down CP's business velocity.”
- “In addition, the complex situation inside the country with some influential social groups has also considerable slow down the supply side with more headwind to secure gold sourcing.”
- “The combination of supply side scarcity and lengthening of the export process has resulted in a lower income and net profit for the company.”
- “CP is confident that these very unfavorable conditions will ease over the coming months. For instance, Condor has already secured additional gold supplies to reach its historic average annual volume of 6 tons of fine gold (5 tons in 2024).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ACHKAR, Chady | Director | 2017-12-01 | Jul 1977 | Belgian |
| DE HENNIN, Marc Yves Joseph Marie | Director | 2016-09-07 | May 1963 | Belgian |
| DUPLAT, Laurent Charles | Director | 2016-11-11 | Jan 1978 | Belgian |
| PENAGOS, Samuel | Director | 2017-12-01 | Jun 1976 | French |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEBUSSCHERE, Jean-Sebastien Marie | Director | 2016-11-11 | 2018-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Director Laurent Duplat | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-11-11 | Ceased 2019-12-23 |
| Mr Jean-Sebastien Marie Debusschere | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-09-07 | Ceased 2019-12-23 |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-11 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-02-11 | SH20 | capital | Legacy | |
| 2026-02-11 | CAP-SS | insolvency | Legacy | |
| 2026-02-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-08 | AA | accounts | Accounts with accounts type full | |
| 2024-09-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-15 | AA | accounts | Accounts with accounts type full | |
| 2023-09-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-16 | AA | accounts | Accounts with accounts type full | |
| 2022-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-02 | AA | accounts | Accounts with accounts type full | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-09-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-01-16 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2020-01-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-01-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- 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.