MORNINGSTAR REAL-TIME DATA LIMITED

1. MORNINGSTAR REAL-TIME DATA LIMITED 2009-07-06 → present
2. TENFORE SYSTEMS LIMITED 1996-01-12 → 2009-07-06
3. DE FACTO 445 LIMITED 1995-12-08 → 1996-01-12

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31 December 2024, the Company had net assets of £92,137 (2023: net liabilities £1,220,352) and net current assets of £39,319 (2023: net current liabilities £1,449,417). The directors prepared cash flow forecasts for at least a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the Company may not have sufficient funds to meet its liabilities as they fall due in the future. To remedy this situation, Morningstar, Inc., the ultimate parent company has provided an unconditional and irrevocable letter of ongoing financial support to the Company so that the Company can pay its debts as and when they fall due and continue to fund its normal business operations for at least a period of 12 months from the date of signing the "Annual Report and Financial Statements" of the Company for the year ended 31 December 2024. Based on the above promised support, the directors have concluded that there are no material uncertainties that could cast significant doubt over the Company's ability to continue as a going concern.”

Significant events

• “During the year, revenue decreased from £25,011,225 in 2023 to £24,494,052. The fall in revenue was predominantly due to customer contracts novated and moved to other Morningstar entities.”
• “The Company has reached an agreement with FactSet to become its consolidated real-time market data feed provider. This marks a strategic shift away from collecting market data directly from exchanges, opting instead to source this data directly from FactSet using one consolidated feed. This enables the Company to focus on adding value to its product and services portfolio with market data, and to outsource parts of the value chain that do not strengthen offerings or contribute to competitive advantage.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -2.1%

  £25,011,225 → £24,494,052

• Cash

  +481.9%

  £1,261,866 → £7,342,564

• Net assets

  +107.6%

  -£1,220,352 → £92,137

• Employees

  —

  Not reported

• Operating profit

  -15.3%

  £2,491,677 → £2,109,411

• Profit before tax

  -17%

  £2,107,436 → £1,749,987

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