CONDOR PARTNERS LIMITED

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

  -10.2%

  £289,876,617 → £260,293,291

• Cash

  +175.8%

  £1,546,204 → £4,264,392

• Net assets

  +3.6%

  £2,382,219 → £2,467,643

• Employees

  —

  Not reported

• Operating profit

  -50.7%

  £1,629,791 → £803,851

• Profit before tax

  -59.7%

  £1,019,261 → £410,408

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

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

1. CONDOR PARTNERS LIMITED · parent
   1. Condor Resources LLC 75% · USA · Import/export principal

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

Filings

5

last 12 months

Capital events

2

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.