TUTMAN FUND SOLUTIONS LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TUTMAN FUND SOLUTIONS LIMITED 2025-07-02 → present
2. EVELYN PARTNERS FUND SOLUTIONS LIMITED 2022-06-10 → 2025-07-02
3. SMITH & WILLIAMSON FUND ADMINISTRATION LIMITED 2004-08-13 → 2022-06-10
4. SMITH & WILLIAMSON UNIT TRUST MANAGERS LIMITED 1985-07-30 → 2004-08-13

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the Company's performance projections for the period of at least 12 months from the date of issue of the financial statements, the Directors are satisfied that, in taking account of a range of stress tests which are deemed to be severe but plausible, the Company has adequate access to resources to enable the Company to meet its obligations and continue in operational existence for the foreseeable future. Accordingly, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On the 27 January, the Group announced it had reached a binding agreement to sell the Company to Thesis Holdings Limited. The transaction, which is subject to regulatory approval, is expected to complete in the first half of 2025.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +13.3%

  £41,588,000 → £47,114,000

• Cash

  -10.2%

  £9,022,000 → £8,103,000

  lowest in 3 filed years

• Net assets

  -0.2%

  £5,709,000 → £5,696,000

• Employees

  —

  Not reported

• Operating profit

  +91.9%

  £1,203,000 → £2,309,000

  highest in 3 filed years

• Profit before tax

  +74.2%

  £1,521,000 → £2,650,000

  highest in 3 filed years

• Wages

  +16.3%

  £2,952,000 → £3,432,000

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