TRADITION (UK) LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-10-10 (in 5mo)
Last made up 2025-09-26
Watchouts
None on the register
Cash
£21M
+20.4% vs 2024
Net assets
£49M
+1.6% vs 2024
Employees
157
-1.9% vs 2024
Profit before tax
£14M
+99.7% vs 2024
Name history
Renamed 2 times since incorporation
- TRADITION (UK) LIMITED 1987-12-08 → present
- TRADITION (U.K.) GROUP LIMITED 1983-01-01 → 1987-12-08
- TRADITION (LONDON BROKERS) LIMITED 1968-08-22 → 1983-01-01
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £89,108,000 | £105,731,000 | |
| Operating profit | £6,287,000 | £13,923,000 | |
| Profit before tax | £7,232,000 | £14,440,000 | |
| Net profit | £5,385,000 | £10,428,000 | |
| Cash | £17,178,000 | £20,690,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £47,818,000 | £48,597,000 | |
| Equity | £47,818,000 | £48,597,000 | |
| Average employees | 160 | 157 | |
| Wages | £45,807,000 | £50,584,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 7.1% | 13.2% | |
| Net margin | 6.0% | 9.9% | |
| Gearing (liabilities / total assets) | 35.3% | 36.4% | |
| Current ratio | 2.91x | 2.90x | |
| Interest cover | 483.62x | 409.50x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that the Company has adequate resources to continue to operate as a going concern for the foreseeable future. In reaching this conclusion, they have considered the current and forecast regulatory capital and liquidity positions, as well as budgets and financial models for a period of at least 12 months from when the financial statements were authorized for issuance.”
Significant events
- “During the year, the Company bought back 10,000,000 ordinary shares of £1 each from Tradition UK Holdings Limited in exchange for cash. The capital divestment has decreased the share capital of the Company from £51,300k to £41,300k.”
- “On 28 February 2026, a conflict arose in the Middle East. Management has assessed the potential impact of this event on the Company's operations, financial position, and performance. Based on this assessment, the conflict does not affect the Company's financial statements as at 31 December 2025, and no adjustments are required.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 56 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BISSEKER, Damian Mark | Secretary | 2025-03-26 | — | — |
| BAILLET, Christian Marcel Michel | Director | 2013-04-17 | Jul 1950 | French |
| BRISEBOIS, Francois | Director | 2008-08-21 | Jan 1974 | Canadian |
| CANTEENWALA, Javid Soli | Director | 2022-03-15 | Aug 1970 | British |
| CUMMINGS, Iain Alexander | Director | 2024-07-12 | Oct 1961 | British |
| FENNELL, Mark Timothy | Director | 2023-12-15 | Feb 1962 | British |
| HEMON, Christophe Jean | Director | 2024-09-04 | Jun 1961 | French |
| KITCHIN, Robert Anthony | Director | 2025-06-11 | Jul 1971 | British |
| SCIARD, Thierry Jean Philippe | Director | 2023-12-05 | Apr 1956 | French |
| WOSTYN, William Pierre Francois Norbert | Director | 2007-05-10 | Dec 1973 | French |
Show 56 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HICKMAN, Michael William | Secretary | — | 2007-06-27 |
| HOFMAN, Michael | Secretary | 2007-06-27 | 2008-07-30 |
| LAU, Martin | Secretary | 2020-03-31 | 2023-02-14 |
| LEWIS, Gwilym Alexander Graham | Secretary | 2024-02-28 | 2025-03-26 |
| WESTON, Peter | Secretary | 2008-07-30 | 2020-03-31 |
| ABBOTT, Gary Robert | Director | — | 1996-03-15 |
| ABBOTT, Martin | Director | 2015-02-05 | 2024-01-31 |
| ADLER, Jeffrey | Director | — | 1998-05-12 |
| ANDERSON, Michael Jon | Director | 2014-07-24 | 2025-03-26 |
| BADOLATO, Francis Alfred | Director | 1995-02-23 | 1997-05-14 |
| BATES, Simon Richard | Director | 1993-09-29 | 2003-05-03 |
| BIENSTOCK, Catherine | Director | 2020-02-25 | 2024-01-31 |
| BOEHI, Guido | Director | — | 2004-01-30 |
| BOURNE, Mark William | Director | 1998-02-12 | 2001-03-19 |
| BOURNET, Pierre Yves | Director | 2007-05-10 | 2008-08-06 |
| COLLINS, Bruce Paul | Director | 2008-08-13 | 2012-12-26 |
| COMPTON, Dampla A | Director | 1995-10-24 | 1997-06-30 |
| CONNOLLY, John Martin | Director | — | 1992-12-31 |
| CRAGGS, Gerald | Director | — | 2007-05-10 |
| DE CARMOY, Herve Pierre Benoit Carmen | Director | 2013-04-17 | 2021-09-30 |
| DE SAINT OUEN, Tristan | Director | 2020-08-24 | 2024-02-29 |
| ELLIOT, Depeche Kotecha | Director | 2001-03-19 | 2009-07-17 |
| FENNELL, Mark Timothy | Director | 1995-02-23 | 2009-02-16 |
| FISCHER, Pierre | Director | 2007-06-11 | 2008-12-11 |
| GLEESON, Nicholas Murray | Director | 2007-05-10 | 2008-03-15 |
| GOODMAN, Gary Cobbett | Director | — | 1995-06-20 |
| GRIFFITHS, David Phillip | Director | — | 1997-10-31 |
| HALL, Keith Herbert | Director | 2001-03-19 | 2009-02-16 |
| HODGES, Rupert David | Director | 2013-04-19 | 2014-06-13 |
| HOULDSWORTH, Robin Matthew | Director | — | 2007-12-12 |
| JACK, Stephen Andrew | Director | 2010-04-20 | 2012-06-08 |
| KNOWLES, William James | Director | 1995-02-23 | 1999-02-15 |
| LEIBOWITZ, Michael Saul | Director | 2007-12-13 | 2023-08-10 |
| MARCUS, Daniel Craig | Director | 2013-04-15 | 2020-05-22 |
| MCCAIG, Malcolm Graham | Director | 2013-12-09 | 2020-02-25 |
| MOSCICKI, Paul Anthony | Director | 1994-01-10 | 1995-06-20 |
| NEALE, Ronald Herbert | Director | — | 1996-12-31 |
| OLIVER, Arthur John | Director | 1993-06-14 | 1994-08-27 |
| REGAN, Philip George | Director | 2008-03-31 | 2010-03-19 |
| RIPPON, John Alan | Director | — | 1993-10-04 |
| ROCKMAN, Darren Mark | Director | 1998-02-12 | 2008-03-04 |
| RUTT, Christopher Stewart | Director | 2020-05-26 | 2021-09-15 |
| SMITH, Craig John | Director | 1993-09-29 | 1999-04-09 |
| SPRAGGS, Peter John | Director | 1993-09-29 | 1994-05-26 |
| STEWART, Nicholas George | Director | 2001-03-19 | 2002-09-27 |
| STEWART, Nicholas George | Director | 1993-09-29 | 1995-06-20 |
| SULLY, Robert Leslie | Director | — | 1993-11-23 |
| TIGHE, Joseph Michael | Director | 2012-02-29 | 2014-07-02 |
| TONKIN, Richard Leonard | Director | — | 1992-12-02 |
| TULLY, Stuart Charley Guy | Director | 2013-04-17 | 2017-12-31 |
| UMPELBY, Stephen Alan, Mr. | Director | 2010-08-24 | 2019-02-01 |
| VJESTICA, Stevan | Director | 2014-07-24 | 2023-06-30 |
| WANDRAG, Graham David | Director | — | 1993-11-22 |
| WARNER, Edmond William | Director | 2010-02-01 | 2012-06-30 |
| WHITE, Michael Andrew | Director | — | 2009-02-16 |
| WINK, Angus John Drennan | Director | 2020-03-09 | 2023-09-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tradition London Clearing Limited | Corporate entity | Shares 75–100% | 2025-12-22 | Active |
| Tradition Uk Holdings Ltd | Corporate entity | Appoints directors | 2019-12-31 | Active |
| Compagnie Financial Tradition Sa | Corporate entity | Shares 75–100% | 2016-07-01 | Ceased 2019-12-31 |
Filing timeline
Last 20 of 319 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-11 RESOLUTIONS Resolution
- 2025-05-06 MA Memorandum articles
- 2025-05-06 MA Memorandum articles
- 2025-05-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | AA | accounts | Accounts with accounts type full | |
| 2025-12-22 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-11 | SH20 | capital | Legacy | |
| 2025-06-11 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-06-11 | CAP-SS | insolvency | Legacy | |
| 2025-06-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-06 | MA | incorporation | Memorandum articles | |
| 2025-05-06 | MA | incorporation | Memorandum articles | |
| 2025-05-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-03-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-04 | AUD | auditors | Auditors resignation company | |
| 2024-10-22 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 0
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+18.7%
£89,108,000 £105,731,000
-
Cash
+20.4%
£17,178,000 £20,690,000
-
Net assets
+1.6%
£47,818,000 £48,597,000
-
Employees
-1.9%
160 157
-
Operating profit
+121.5%
£6,287,000 £13,923,000
-
Profit before tax
+99.7%
£7,232,000 £14,440,000
-
Wages
+10.4%
£45,807,000 £50,584,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers