MOXICO RESOURCES PLC
Get an alert when MOXICO RESOURCES PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£46m
USD 62,035,000
+201.2% highest in 3 filed years
Net assets
£193m
USD 260,224,000
+11.8% highest in 3 filed years
Employees
1,948
+46.6% highest in 3 filed years
Profit before tax
£15m
USD 20,283,000
+78.6% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £42,182,832 | £94,140,468 | £105,166,109 | +11.7% | |
| Operating profit | -£539,576 | £25,117,800 | £37,415,087 | +49% | |
| Profit before tax | -£5,676,700 | £8,438,499 | £15,074,693 | +78.6% | |
| Net profit | £18,580 | £11,733,185 | £9,745,076 | -16.9% | |
| Cash | £32,436,269 | £15,306,577 | £46,105,537 | +201.2% | |
| Total assets less current liabilities | — | £210,492,010 | £352,553,698 | +67.5% | |
| Net assets | £136,712,003 | £172,933,482 | £193,403,196 | +11.8% | |
| Equity | £136,712,003 | £172,933,482 | £193,403,196 | +11.8% | |
| Average employees | 1,221 | 1,329 | 1,948 | +46.6% | |
| Wages | £12,368,636 | £15,681,903 | £22,845,039 | +45.7% | |
| Directors' remuneration | £3,418,803 | £6,243,032 | £3,716,091 | -40.5% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -1.3% | 26.7% | 35.6% | |
| Net margin | 0.0% | 12.5% | 9.3% | |
| Return on capital employed | — | 11.9% | 10.6% | |
| Gearing (liabilities / total assets) | 36.1% | 37.0% | 52.7% | |
| Current ratio | 1.60x | 1.32x | 2.89x | |
| Interest cover | -0.06x | 1.52x | 1.76x |
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.
Name history
Renamed 3 times since incorporation
- MOXICO RESOURCES PLC 2015-03-14 → present
- TK RESOURCES PLC 2014-10-06 → 2015-03-14
- AFRI-IRON PLC 2013-12-04 → 2014-10-06
- AFRI-IRON (MAURITANIA) PLC 2013-11-05 → 2013-12-04
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In forming their view, the directors of the Company (the "Directors") have considered several factors, including potential delays on the production profile, the effect of such delays on available cash resources, sensitivities to fluctuations in copper prices, regional conflicts including the ongoing situation in the Middle East, fiscal tariffs and the general global financial outlook. Taking into account reasonably plausible scenarios and possible mitigating actions such as reduction or deferral of uncommitted future capital and non-essential exploration expenditure, the Directors are of the view that the Group will maintain sufficient cash reserves under each scenario to meet its obligations as they fall due. For these reasons, the Directors continue to adopt the going concern basis in preparing the Company's Annual Report and financial statements for the year ended 31 December 2025.”
Group structure
- MOXICO RESOURCES PLC · parent
- Moxico Resources Zambia Limited 100%
- Mimbula Minerals Limited 93%
- Moxico Kalengwa Resources Limited 72.9%
- Kamikochi Mining Limited 90%
- Kaoma Mining Limited 90%
- Elmet Mining And Tech Services Limited 72%
- Moxico Kalengwa Limited 100%
- Samba North Mineral Resources Limited 100%
- Moxico Amadoda Limited 81%
- Moxico Development Limited 100%
- Mimbula Minerals Limited 100%
- Moxico Kosovo Limited 100%
- Moxico KSA Limited 100%
- Moxico Mufumbwe Limited 100%
- Moxico Namibia UK Limited 100%
- Moxico Mimbula UK Limited 100%
- Moxico Dongwe Limited 100%
- Moxico Mining Limited 100%
- Moxico Mimwest Limited 100%
- Moxico Mufumbwe B.V. 100%
- Moxico Namibia B.V. 100%
- Moxico Mimbula B.V. 100%
- Moxico Dongwe B.V. 100%
- Moxico Mining (NL) B.V. 100%
- Moxico Mimwest B.V. 100%
- Kalengwa Mining B.V. 100%
- Moxico Zambia Processing B.V. 100%
- Moxico Mauritius Limited 100%
- Moxico Luma Kosovo Mining LLC 80%
- Metals Marketing Services Pte. Ltd. 100%
- Moxico Trading LLC 100%
- Moxico Ajlan & Bros Mining Company 50%
- Moxico ARG Limited 100%
- Atlantic Metals Limited 100%
- Moxico Kabompo Resources Limited 80%
- Moxico Atlantic Metals S.A. 100%
Significant events
- “In February 2026, the Group obtained additional funding of US$ 3 million from Glencore International AG under the loan arrangement associated with the Copper Offtake. As part of this transaction, the terms of the existing loan were restructured, including revisions to the repayment profile.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NAOUAR, Narjess | Secretary | 2022-05-16 | — | — |
| DAVIES, Alan John Bruce | Director | 2017-03-01 | Oct 1970 | British,Australian |
| GILMAN, Warren Philip | Director | 2021-12-01 | Dec 1959 | Canadian |
| ROBERTSON, Kenneth Graham | Director | 2024-10-24 | Nov 1954 | Canadian |
| ROWE, Bernard Anthony | Director | 2024-05-01 | Jul 1967 | Australian |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCALLISTER, Stephanie Ada | Secretary | 2015-04-02 | 2016-03-14 |
| THOMSON, Paul Robert | Secretary | 2022-02-07 | 2022-05-16 |
| WYNN, James Edward Meynell | Secretary | 2020-03-26 | 2022-02-07 |
| WYNTER BEE, Peter Francis | Secretary | 2013-11-05 | 2015-04-02 |
| YOUNG, Amilha Pio | Secretary | 2019-02-25 | 2020-03-26 |
| WYNTER BEE CONSULTING LIMITED | Corporate Secretary | 2016-03-14 | 2019-02-02 |
| BEDDOWS, Rodney Graham, Dr | Director | 2020-01-10 | 2022-08-06 |
| DALAL, Gautam Shashichandra | Director | 2021-02-01 | 2024-10-24 |
| FRY, Peter Graham | Director | 2013-12-04 | 2015-04-02 |
| MCALISTER, Donald Alexander Robert | Director | 2016-06-29 | 2019-07-15 |
| MCALLISTER, Stephanie Ada | Director | 2015-04-02 | 2018-09-10 |
| MORIARTY, Kevin Charles | Director | 2014-01-31 | 2015-04-02 |
| NALLY, Marcel Desmond | Director | 2015-04-02 | 2018-09-10 |
| THOMSON, Paul Robert | Director | 2022-04-12 | 2025-11-10 |
| WYNTER BEE, Peter Francis | Director | 2013-11-05 | 2024-10-24 |
| WYNTER BEE, Sarah Jetton | Director | 2013-11-05 | 2013-12-04 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 161 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-06 RESOLUTIONS Resolution
- 2025-07-30 RP04SH01 Legacy PDF
- 2025-07-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-06 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-04 | AA | accounts | Accounts with accounts type group | |
| 2026-06-24 | SH01 | capital | Capital allotment shares | |
| 2026-05-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-30 | SH01 | capital | Capital allotment shares | |
| 2026-03-10 | CH01 | officers | Change person director company with change date | |
| 2026-03-09 | SH01 | capital | Capital allotment shares | |
| 2026-02-05 | SH01 | capital | Capital allotment shares | |
| 2026-01-02 | SH01 | capital | Capital allotment shares | |
| 2025-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-31 | SH01 | capital | Capital allotment shares | |
| 2025-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | SH01 | capital | Capital allotment shares | |
| 2025-08-27 | SH01 | capital | Capital allotment shares | |
| 2025-07-30 | RP04SH01 | change-of-name | Legacy | |
| 2025-07-30 | SH01 | capital | Capital allotment shares | |
| 2025-07-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-02 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 9
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.