80 MILE PLC

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  Material uncertainty over going concern

  Notwithstanding the above, these circumstances indicate that a material uncertainty exists that may cast significant doubt on the group and parent company's ability to continue as a going concern and, therefore, that the Group and Parent Company may be unable to realise their assets or settle their liabilities in the ordinary course of business.

• ·

  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — 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

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. 80 MILE PLC 2024-08-28 → present
2. BLUEJAY MINING PLC 2017-03-10 → 2024-08-28
3. FINNAUST MINING PLC 2013-11-29 → 2017-03-10
4. CENTURION RESOURCES PLC 2011-12-02 → 2013-11-29
5. CHARLES STREET CAPITAL PLC 2010-05-11 → 2011-12-02
6. SWEET CHINA PLC 2005-03-24 → 2010-05-11
7. SWEET CHINA TRADING LIMITED 2005-03-11 → 2005-03-24

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Notwithstanding the above, these circumstances indicate that a material uncertainty exists that may cast significant doubt on the group and parent company's ability to continue as a going concern and, therefore, that the Group and Parent Company may be unable to realise their assets or settle their liabilities in the ordinary course of business.”

Group structure

1. 80 MILE PLC · parent
   1. Centurion Mining Limited 100% · United Kingdom · Dormant
   2. Centurion Universal Limited 100% · United Kingdom · Dormant
   3. Finland Investments Limited 100% · United Kingdom · Holding
   4. Disko Exploration Limited 100% · United Kingdom · Exploration
   5. Hydrogen Valley Limited 100% · United Kingdom · Holding
   6. White Flame Energy Limited 96.64% · United Kingdom · Holding
   7. FinnAust Mining Finland Oy 100% · Finland · Exploration
   8. Dundas Titanium A/S 100% · Greenland · Exploration
   9. White Flame Energy A/S 100% · Greenland · Exploration
   10. Nikkeli Greenland A/S 100% · Greenland · Exploration
   11. Nikkeli Project Company Ltd 100% · Cayman Islands · Holding
   12. Greenswitch SRL 100% · Italy · Renewable fuels and energy

Significant events

• “2025 was a year of substantial growth for the Company, driven by corporate acquisitions: White Flame Energy Ltd, Hydrogen Valley Ltd, and their wholly owned subsidiaries, as well as Nikkeli Greenland A/S, allowing the Company to broaden its focus on industrial gases, clean fuels, and natural resource development.”
• “In June 2025, the sale of our lead zinc project; Kangerluarsuk, by Disko to AIM and TSX listed Amaroq has returned significant value to shareholders whilst maintaining exposure to future success.”
• “In December 2025, the Company completed a £2 million capital raise (gross), supported by new institutional investors as well as existing sophisticated investors. The funds raised are being used for the development of Greenswitch, a European biofuel facility held by 80 Mile's 100%-owned subsidiary, Hydrogen Valley Ltd.”
• “On 1 January 2025, the Group increased its ownership interest in the Nikkeli joint venture from 49% to 100%.”

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

Filings

16

last 12 months

Capital events

13

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.