COLUMBIA THREADNEEDLE FUND MANAGEMENT LIMITED

• ◆

  5 officer resignations in last 12 months

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

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“While there can be no absolute certainty, having considered the current results of the Company, the potential ongoing impact of market volatility (including severe yet plausible downside scenarios impacting revenues, expenses and financial resilience), and the current liquidity, net assets and regulatory capital surplus of the Company, the Directors are satisfied that it remains a reasonable assumption that the Company should have sufficient resources to meet its liabilities as they fall due and would therefore be able to continue to operate as a going concern.”

Significant events

• “Revenue decreased by 4% from £42,512,000 in 2023 to £41,018,000 in 2024 due to outflows of assets under management ("AUM") during the year. However, cost of sales decreased by 24% due to the Company now retaining a portion of revenues relating to the multi-manager range of OEICs. This resulted in an increase in gross profit of 22% from £18,979,000 in 2023 to £23,171,000 in 2024. Gross profit is the key driver for determining the share of the Group's operating costs recharged to the Company. As the Company's gross profit increased in 2024, the Company's administrative expenses increased by 20%, resulting in a loss of £369,000 in 2024 compared to a loss of £1,059,000 in 2023.”
• “Throughout 2024, the Company continued to adhere to and implement regulation that places transparency and customer outcomes at its core. Embedding Consumer Duty regulation further into business-as-usual practices and the implementation of UK Sustainability Disclosure Requirements ("SDR") has reinforced the Company's focus on putting its clients and customers first.”
• “In 2024, the Group implemented a new risk management framework to streamline risk identification and ensure continued appropriate oversight and focus on clearer decisions around the risks to the business. This included refreshing the Risk Control Self-Assessment ("RCSA") framework to align with the uplifted group standards, including the identification of high-risk processes.”
• “In 2024, the Group evidenced its commitment as a responsible employer through initiatives ranging from the ongoing provision of wellbeing resources to an annual employee engagement survey.”
• “During 2024, the wider Columbia Threadneedle Investments Group of companies published its second climate change report detailing how the Group managed climate risks and opportunities in investment portfolios and across its business operations under the Task Force on Climate-related Financial Disclosures ("TCFD") framework, for the year ending 2023.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  -3.5%

  £42,512,000 → £41,018,000

• Cash

  +7.4%

  £12,006,000 → £12,890,000

• Net assets

  -2%

  £18,355,000 → £17,986,000

• Employees

  —

  Not reported

• Operating profit

  +45.5%

  -£1,894,000 → -£1,032,000

• Profit before tax

  +63.5%

  -£1,371,000 → -£500,000

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