MILES SMITH BROKING LIMITED

1. MILES SMITH BROKING LIMITED 2005-12-29 → present
2. CIVITAS (LONDON) LIMITED 2003-07-08 → 2005-12-29
3. ROBERT BRUCE FITZMAURICE LIMITED 1977-08-11 → 2003-07-08

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On 20th May 2024, the Group signed a definitive agreement to be sold to Warburg Pincus, the global growth investor, and Temasek, the global investor. Completion of the transaction took place on 25th September 2024. As of the date of completion the Group's parent company has put in place Acquisition and Revolving Credit facilities that will ensure the Group will continue to have the funding required for is organic and acquisition growth strategies. Furthermore, the new investors have confirmed to the regulator (FCA) that the business will continue to operate as is with no material change to the group structure expected. The directors are therefore again, satisfied that these financial statements be prepared on a going concern basis.”

Significant events

• “On 20th May 2024, the Group signed a definitive agreement to be sold to Warburg Pincus, the global growth investor, and Temasek, the global investor. Completion of the transaction took place on 25th September 2024.”
• “There have been no post balance sheet events.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -26.9%

  £104,000 → £76,000

• Cash

  -37.9%

  £8,674,000 → £5,384,000

• Net assets

  -20.9%

  £526,000 → £416,000

• Employees

  —

  Not reported

• Operating profit

  -558.3%

  £24,000 → -£110,000

• Profit before tax

  -433.3%

  £33,000 → -£110,000

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