How much does Western Tethyan Resources Limited make?

Western Tethyan Resources Limited reported revenue of £0 and £57.6k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

Is Western Tethyan Resources Limited profitable?

Yes — Western Tethyan Resources Limited reported a profit of £57.6k in the year to 31 Dec 2023.

Company No. 12800580 · Incorporated 7 Aug 2020

Western Tethyan Resources Limited

Registered name: WESTERN TETHYAN RESOURCES LIMITED

Part of Ariana Resources PLC group

Western Tethyan Resources Limited made £0 revenue and £57.6k profit in the year to 31 Dec 2023.

Western Tethyan Resources Limited’s revenue was £0 in the year to 31 Dec 2023, with £57.6k profit. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£0

Growth —

Profit

£57.6k

Growth —

Profit margin

—

Employees

—

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£0
Operating profit	−£76.8k	−£127k
Profit before tax	−£76.8k	£57.6k
Profit after tax	−£76.8k	£57.6k
Profit (best available)	−£76.8k	£57.6k
Employees (average)	—	—
Ratios
Profit margin	—	—
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Ariana Resources PLCultimate parent75–100%
Ariana Exploration & Development Limited75–100%
Western Tethyan Resources Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £57.6k), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.