WILMINGTON TRUST SP SERVICES (LONDON) LIMITED

1. WILMINGTON TRUST SP SERVICES (LONDON) LIMITED 2005-12-19 → present
2. SPV MANAGEMENT LIMITED 1991-01-16 → 2005-12-19
3. LEGIBUS 1586 LIMITED 1990-10-12 → 1991-01-16

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis as the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company operates as part of a group and incurs operational costs on behalf of group companies which are recharged on an arm's length basis. The Company has made losses in the current and prior year however, on a consolidated basis, the group remains profitable, the Directors are satisfied that costs are being recharged effectively. In particular, management has assessed the likely cash requirements over the 12 months from the date of signing the financial statements and concluded that they have sufficient working capital or it will be available from other group companies, to enable the company to continue trading. Having taken into account the information available to them to the date of signing the financial statements, management are satisfied that the company remains a going concern.”

Significant events

• “The UK currently faces significant economic uncertainty. This uncertainty is greater than historical levels due to geopolitical tensions (heightened following the Russian military invasion of Ukraine and the conflict in the Middle East) and turbulence in the global banking sector. During 2024, the UK economy underwent a period of recovery which subsequently led to a decrease in cost inflation from 4.0% to 2.5%, the lowest since May 2021. BoE interest rates declined during the year from 5.25% to 4.75%.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +20.6%

  £14,462,095 → £17,437,722

• Cash

  +34.5%

  £2,781,626 → £3,740,487

• Net assets

  +4.7%

  £5,908,551 → £6,188,855

• Employees

  +7.9%

  76 → 82

• Operating profit

  +104.2%

  -£1,934,777 → £81,831

• Profit before tax

  +110.3%

  -£1,825,130 → £188,625

• Wages

  +15.6%

  £8,499,583 → £9,825,912

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers