TFS VOLBROKER LIMITED

1. TFS VOLBROKER LIMITED 2026-01-28 → present
2. TFS-ICAP LIMITED 2000-06-28 → 2026-01-28

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.

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 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars Chartered Accountants and Statutory Audit Firm

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are satisfied that the Company has adequate resources to continue to operate as a going concern. In reaching this conclusion, they have considered the current and forecast regulatory capital and liquidity positions, as well as budgets and financial models for a period of at least 12 months from when the financial statements were authorised for issue. In addition, an assessment has been undertaken to determine any negative impact on the Company caused by the current Russian sanctions. The financial impact was deemed immaterial, and the sanctions do not pose an issue to the Going Concern of the Company.”

Group structure

1. TFS VOLBROKER LIMITED · parent
   1. TFS-ICAP Currency Options Limited 100% · England · Non-trading

Significant events

• “Following the Russian military's invasion of Ukraine on 24 February 2022, the UK, EU, US, and other allies, have responded with significant coordinated sanctions, targeting Russia's financial sector, strategic sectors of the economy such as defence and aerospace, and individuals close to the regime. The products, activities and counterparties related to these events represent a very limited part of the Company's activities. In addition, as of 31 December 2024, the Group's exposure to credit risk on receivables from Russian counterparties is marginal (0% of total Debtors).”
• “On October 7, 2023, Hamas launched an attack on Israel from the Gaza Strip, Israel retaliated by invading Gaza strip creating geopolitical tension in Middle-East which have affected price in some commodity markets SD. However, there has not been any material risk to the Company operations due to this event. Management continue to monitor the situation however, there were no material adverse effects to the Company as at the date the financial statements were authorized for issue.”

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

Filings

8

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

  +3.8%

  £16,111,000 → £16,727,000

• Cash

  +12.2%

  £10,516,000 → £11,797,000

  highest in 4 filed years

• Net assets

  +10.8%

  £12,145,000 → £13,457,000

  highest in 4 filed years

• Employees

  0%

  30 → 30

• Operating profit

  +3%

  £1,741,000 → £1,793,000

  highest in 4 filed years

• Profit before tax

  +20.1%

  £1,665,000 → £2,000,000

  highest in 4 filed years

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