# SGZ CONONISH LIMITED (SC569264)

> SGZ CONONISH LIMITED is an active private limited company (company number SC569264) incorporated on 21 June 2017, registered in Aberdeen. Its registered activity is mining of other non-ferrous metal ores (SIC 07290). Latest full accounts cover the period ending 30 June 2024, showing net assets of −£33.06m and cash of £115k, with 36 employees on average. Net assets fell 17% on the prior period (−£28.27m). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2017-06-21
- Registered office: Aberdeen, AB10 1YL
- SIC 07290: Mining of other non-ferrous metal ores
- Next accounts due: 2026-03-30
- Confirmation statement due: 2027-07-05
- Accounts type: FULL

By net assets it sits in the bottom quarter of 187 comparable companies in the UK (median £100, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-06-30 | −£33.06m | £115k | £1.13m | £33.34m | — | −£5.33m | 36 |
| 2023-06-30 | −£28.27m | £590k | £2.09m | £20.67m | — | −£17.34m | 96 |
| 2022-06-30 | −£10.93m | — | £3.61m | £7.66m | — | −£4.37m | 76 |
| 2021-06-30 | — | — | — | — | — | — | — |

current ratio 0.04; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-33,062,286 at 30 June 2024
- Current assets below creditors within one year: Current ratio 0.04
- Cash at bank of £50,000 or more: Cash £114,599
- Three or more accounting periods on record: 4 periods on record
- Incorporated five or more years ago: Incorporated 21 June 2017
- Accounts past their due date: Due 30 March 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Acrux Gold Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2025-03-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC569264
HTML: https://firmoscan.com/company/SC569264-sgz-cononish-limited