BELGRAVE CAPITAL MANAGEMENT LIMITED

1. BELGRAVE CAPITAL MANAGEMENT LIMITED 1995-11-15 → present
2. LOANSELECT LIMITED 1995-09-22 → 1995-11-15

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue operating. The Company's forecasts and projections, which include the effects of a severe but plausible change in trading activity, show that the Company should be able to continue operating. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. BELGRAVE CAPITAL MANAGEMENT LIMITED · parent
   1. GSA Investment Partners LLC 1% · Cayman Islands · General Partner of GSA Global Macro Partners Fund I LP and investment adviser to the fund

Significant events

• “Operating profit for the year rose substantially from the previous year due to a combination of higher revenue, driven by an increase in assets under management/advisement, and lower expenses. Assets under management/advisement increased largely due to a substantial rebound in performance across all the funds managed by the Company, after corrections in markets at the end of March and beginning of April, triggered by geopolitical concerns and the US tariffs announcement. Investors remained mostly cautious with limited inflows into Vitruvius SICAV ("Vitruvius") towards the end of the financial year. Revenue was also supported by the acquisition of the investment management mandate for Leveraged Assets Fund offsetting the loss of the investment management agreement for Selection Holdings S.A., SICAV-FIAR ("Selection Holdings") which was terminated at the end of January, although the Company retained an advisory role.”
• “Being appointed AIFM to Leveraged Assets Fund; Being appointed investment advisor to Global Selection SGR S.p.A, AIFM of Selection Holdings; Expanding the board of directors with the appointment of a third independent director.”

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

Filings

9

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

  +7.6%

  £14,219,764 → £15,304,476

• Cash

  +46.9%

  £1,425,583 → £2,093,548

• Net assets

  -18.5%

  £9,263,156 → £7,544,841

• Employees

  -9.1%

  22 → 20

• Operating profit

  +142.4%

  £1,308,575 → £3,172,563

• Profit before tax

  +101.9%

  £1,771,616 → £3,576,696

• Wages

  -9%

  £5,242,883 → £4,770,016

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