ABERDEEN MINERALS LTD

• ⚠

  Material uncertainty over going concern

  The directors therefore acknowledge this represents a material uncertainty as the Company's ability to continue as a going concern. This is a common situation for exploration companies, and is factored into the Company's business model. Investor sentiment towards investment in early-stage mineral exploration projects in the UK is therefore a key determinant as to 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

  +1,515.7%

  £140,423 → £2,268,814

• Net assets

  +2,481.9%

  £129,297 → £3,338,343

  highest in 3 filed years

• Employees

  +100%

  5 → 10

  highest in 3 filed years

• Operating profit

  +21.8%

  -£951,662 → -£744,207

• Profit before tax

  +28.2%

  -£954,502 → -£685,802

• Wages

  +151.9%

  £108,664 → £273,677

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. ABERDEEN MINERALS LTD 2023-02-21 → present
2. STRATEGIC MINERALS EUROPE LTD 2020-06-08 → 2023-02-21

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors therefore acknowledge this represents a material uncertainty as the Company's ability to continue as a going concern. This is a common situation for exploration companies, and is factored into the Company's business model. Investor sentiment towards investment in early-stage mineral exploration projects in the UK is therefore a key determinant as to the Company's ability to continue as a going concern.”

Group structure

1. ABERDEEN MINERALS LTD · parent
   1. Aberdeen Minerals Exploration Ltd 100% · Scotland · Exploration and mining

Significant events

• “In June 2024 the Company announced the completion in May of an equity financing of up to £5.5 million ("the May-24 financing"), comprising: £3 million invested by Central Asia Metals plc ("CAML") to acquire a 28.7% shareholding. Warrants issued to CAML which, if exercised, would raise an additional £2 million and take CAML ownership to 37.8% shareholding. A fully subscribed Entitlement Offer and placing with existing shareholders, management and new investors to raise a further £0.5 million.”

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

Filings

4

last 12 months

Capital events

3

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.