GAM LONDON LIMITED

Company number

00874802

Status

Active

Incorporation

1966-03-24

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

66300

Hubs

UK Fintech

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Following the recurring losses reported by the Company of £5m (2023: £5.2m) the liquidity and regulatory capital forecasts of the Company indicate, in both the base and reasonably possible downsides scenarios, that the Company will not have sufficient funds to meet its financial obligations without the support of its ultimate parent company, GAM Holding AG. The forecasts also indicate that GAM Holding AG will not have sufficient funds to meet the financial obligations of itself and its subsidiaries ('the Global Group') without external funding. ... This creates a material uncertainty on the ability of the Global Group to continue as a going concern. Given the Company's reliance on the support of its ultimate parent company, GAM Holding AG, this also creates a material uncertainty on the ability of the Company to continue as a going concern.”

Significant events

• “On 30 January 2025, GLL issued 1 £1 ordinary shares for a total consideration of £600,000 settled in cash which was recognised as share premium.”
• “On 28 April 2025, GLL issued 1 £1 ordinary shares for a total consideration of £800,000 settled in cash which was recognised as share premium.”
• “On 20 May 2025, GLL issued 1 £1 ordinary shares for a total consideration of £500,000 settled in cash which was recognised as share premium.”
• “On 24 June 2025, GLL issued 1 £1 ordinary shares for a total consideration of £1,000,000 settled in cash which was recognised as share premium.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers