OPTIVA SECURITIES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2021-12-31.

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

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. During 2024, the Company incurred an operating loss of £1,325,935 and had net assets of £3,663,457. Based on the strength of the balance sheet and the review of the budgets and cash flow forecasts which expect a return to profitability in the ensuing accounting period, and therefore the directors are confident that the company will be able to meet its financial obligations as they fall due for the foreseeable future, and for a period of at least 12 months from the date of the financial statements. There are no material uncertainties related to events or conditions, that may cast significant doubt about the company's ability to continue as a going concern.”

Significant events

• “In September 2023, Optiva voluntarily entered into restrictions imposed under a Voluntary Requirement (VREQ) following a S165 imposed by the FCA. This necessitated a focus on compliance enhancements, leading to significant investments in policy improvements over the past fifteen months, including the engagement of specialist consultants. To bolster governance, a non-executive chair was appointed in August 2023. Despite incurring significant losses in 2023, the company's reserves in the form of liquid investments enable it to absorb these losses without resorting to debt or external financing. The investments have really paid off for Optiva. In January 2025, FCA has lifted the restrictions on Optiva and already at the time of approval, we are seeing a turn to profitable position.”

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

2

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

  +58.7%

  £6,448,896 → £10,233,060

• Cash

  -3.7%

  £105,736 → £101,836

• Net assets

  +45%

  £6,251,220 → £9,063,443

• Employees

  +12.5%

  16 → 18

• Operating profit

  +69.5%

  £2,341,722 → £3,968,554

• Profit before tax

  +68.9%

  £2,365,637 → £3,996,046

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