ROYAL LONDON UNIT TRUST MANAGERS LIMITED

• ◆

  3 officer resignations in last 12 months

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

1. ROYAL LONDON UNIT TRUST MANAGERS LIMITED 2002-11-12 → present
2. UNITED FRIENDLY UNIT TRUST MANAGERS LIMITED 1994-10-18 → 2002-11-12
3. ACUMA FUND MANAGERS LIMITED 1990-02-08 → 1994-10-18
4. DEVONSHIRE FUND MANAGERS LIMITED 1989-05-19 → 1990-02-08
5. RAPID 8052 LIMITED 1989-04-14 → 1989-05-19

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

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The business plan is subject to stress testing. The most adverse scenario contains a severe financial market decline occurring alongside an operational risk event. This severe but plausible scenario demonstrates that the capital and liquidity position is sufficient to cover requirements for at least the next 12 months from the date of approval of these financial statements. Having considered these matters and after making appropriate enquiries, the Directors are satisfied that the Company has adequate resources to continue to operate as a going concern for a period of at least 12 months from date of approval of the financial statements. For this reason, the Directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements. The Directors have also concluded that there are no material uncertainties over the Company's ability to adopt the going concern basis of accounting.”

Significant events

• “Cost of sales increased to £47.3m (2023: £37.4m) and administrative expenses increased to £42.4m (2023: £32.8m). These increases were driven by an update to the recharge model with Royal London Asset Management Limited ("RLAM Ltd").”
• “On 24 February 2025, the Directors decided to pay an interim dividend of £16.0m to its parent, Royal London Asset Management Holdings Limited. This was paid in March 2025.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +19%

  £81,825,000 → £97,397,000

• Cash

  +14.7%

  £52,708,000 → £60,452,000

• Net assets

  +15.3%

  £48,467,000 → £55,880,000

• Employees

  0%

  14 → 14

• Operating profit

  -33.6%

  £11,604,000 → £7,704,000

• Profit before tax

  -21.1%

  £12,524,000 → £9,884,000

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