SGZ GRAMPIAN LIMITED

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -59%

  £29,487 → £12,103

• Net assets

  -24.4%

  £2,069,147 → £1,564,593

  lowest in 5 filed years

• Employees

  -50%

  2 → 1

  lowest in 5 filed years

• Profit before tax

  +50.2%

  -£1,012,809 → -£504,554

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

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. SGZ GRAMPIAN LIMITED 2019-02-22 → present
2. SCOTGOLD RESOURCES LIMITED 2006-10-02 → 2019-02-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Azets Audit Services

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“The company remains reliant on the financial support of its parent, Acrux Gold Limited (formerly Acrux Holdings Limited), which acquired the entire issued share capital of the company on 6 March 2025 (as described in the Note 12 on Events after the reporting date). As part of the acquisition arran”

Group structure

1. SGZ GRAMPIAN LIMITED · parent
   1. SGZ Cononish Limited

Significant events

• “The thirteen exploration licences held by the company were not renewed by the due date for renewal thereof and expired on 5 November 2024.”
• “On 6 March 2025, Acrux Holdings Limited (subsequently renamed Acrux Gold Limited) acquired the entire issued share capital of the Company.”
• “On 18 March 2025, Acrux Gold Limited acquired the loan owing by the company to Scotgold Resources Limited together with the unfettered rights to determine the terms of the promissory notes and intercompany balances owing by SGZ Cononish Limited to the Company. The parent company has confirmed that it does not intend to require repayment of any of these loans or balances for at least 12 months from the date of approval of these financial statements.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.