SGZ CONONISH 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

  -54.3%

  £8,568,828 → £3,916,790

• Cash

  -80.6%

  £589,835 → £114,599

• Net assets

  -16.9%

  -£28,272,955 → -£33,062,286

• Employees

  -62.5%

  96 → 36

• Operating profit

  +76.8%

  -£15,835,681 → -£3,677,430

• Profit before tax

  +69%

  -£17,519,937 → -£5,431,742

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

Auditor

Azets Audit Services

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“Based on the parent company's confirmed support and the directors' review of forecasts, the financial statements have been prepared on a going concern basis.”

Significant events

• “On 11 September 2023, Scotgold Resources Limited, the parent company of the company at that date, was suspended from trading on the Alternative Investment Market ("AIM") of the London Stock Exchange.”
• “On 28 September 2023, the operations of the company were placed on a care and maintenance basis.”
• “Scotgold Resources Limited entered administration on 24 November 2023 and its AIM listing was cancelled with effect from 27 December 2023.”
• “On 12 January 2024, Bridge Barn Limited replaced Scotgold Resources Limited as the parent company of the company.”
• “On 31 January 2024, 24,560 ordinary shares were issued for proceeds of £245,586.”
• “On 6 May 2024, a further 8,334 ordinary shares were issued for proceeds of £300,000.”
• “In July 2024, an item of mobile plant and certain vehicles financed under hire purchase agreements were repossessed.”
• “On 6 March 2025, Acrux Holdings Limited (subsequently renamed Acrux Gold Limited) acquired the entire issued share capital of the company.”
• “On 21 July 2025, the Strathfillan Community Development Trust agreed to the termination of the donation agreement.”

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

3

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.