TAM ASSET MANAGEMENT LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-27 (this month)
Last made up 2025-05-13
Watchouts
None on the register
Cash
£2M
+38.6% highest in 5 filed years
Net assets
£1M
-25.8% lowest in 5 filed years
Employees
15
-6.3% vs 2022
Profit before tax
-£354K
-255.1% lowest in 5 filed years
Net assets
9-year trend · vs Financials median
Accounts
9-year trend · latest reflected 2023-10-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-10-31.
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £4,054,288 | — | £4,448,842 | — | £4,429,985 | — | £4,694,868 | £2,895,882 | |
| Operating profit | — | £25,313 | — | £255,120 | — | £259,382 | — | £124,577 | -£496,929 | |
| Profit before tax | — | £89,880 | — | £177,549 | — | £256,967 | — | £228,383 | -£354,308 | |
| Net profit | — | £108,054 | — | £176,488 | — | £256,967 | — | £211,784 | -£356,210 | |
| Cash | — | £622,619 | — | £794,044 | — | £1,121,054 | — | £1,161,502 | £1,610,175 | |
| Total assets less current liabilities | — | £1,337,722 | — | £1,439,210 | — | £1,496,177 | — | £1,382,961 | £1,026,751 | |
| Net assets | — | £1,337,722 | — | £1,439,210 | — | £1,496,177 | — | £1,382,961 | £1,026,751 | |
| Equity | £1,269,695 | £1,337,722 | £1,337,722 | £1,439,210 | £1,439,210 | £1,496,177 | £1,496,177 | £1,382,961 | £1,026,751 | |
| Average employees | — | 12 | — | 16 | — | 18 | — | 16 | 15 | |
| Wages | — | £818,883 | — | £1,083,244 | — | £1,075,150 | — | £1,309,609 | £1,676,071 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 0.6% | — | 5.7% | — | 5.9% | — | 2.7% | -17.2% | |
| Net margin | — | 2.7% | — | 4.0% | — | 5.8% | — | 4.5% | -12.3% | |
| Return on capital employed | — | 1.9% | — | 17.7% | — | 17.3% | — | 9.0% | -48.4% | |
| Interest cover | — | 21.31x | — | 2.30x | — | 3.49x | — | 88.42x | -365.93x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate financial resources to continue to trade for at least 12 months from the date of this report and consequently, have continued to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- TAM ASSET MANAGEMENT LTD · parent
- TAM (Nominees) Ltd 100%
Significant events
- “On 3 November 2023, the shareholders of the Company's parent, TAM Financial Limited, completed the sale of 65% of the issued share capital of TAM Financial Limited to Amber River Group Limited.”
- “To align the financial statements with the date of the acquisition by Amber River Group Limited, the prior year reporting period was shortened to 10 months ending 31 October 2023, with the current year being extended to 14 months ending 31 December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NOWICKA, Izabela Monika | Director | 2025-10-01 | Mar 1979 | Polish |
| PENNY, James Nelson | Director | 2021-12-18 | Sep 1985 | British |
| PETCH, Lester | Director | 2009-11-24 | Aug 1957 | British |
| WILLIAMS, Michael Anthony | Director | 2026-02-01 | Jan 1982 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNBAR, Robert | Secretary | 2010-01-04 | 2017-05-09 |
| ELLIS, John Richard | Secretary | 2002-04-02 | 2003-04-14 |
| HICKMAN, Michael William | Secretary | 2005-09-30 | 2007-06-27 |
| HOFMAN, Michael | Secretary | 2007-06-27 | 2008-06-30 |
| PATEL, Sanjay | Secretary | 2003-05-01 | 2005-05-06 |
| WOOLRIDGE, Robert Ian | Secretary | 2008-06-30 | 2009-11-24 |
| CHT SECRETARIES LIMITED | Corporate Secretary | 2000-09-20 | 2002-03-12 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-09-20 | 2000-09-20 |
| ATTHILL BECK, Graham Peter | Director | 2003-03-04 | 2004-03-15 |
| BLACK, Peter James | Director | 2002-05-28 | 2004-03-31 |
| BRUEGGER, Edmund Peter | Director | 2003-03-04 | 2004-02-29 |
| CADBY, Ian Christopher | Director | 2015-06-30 | 2018-07-01 |
| CRAGGS, Gerald | Director | 2004-03-15 | 2007-06-22 |
| ELLIS, John Richard | Director | 2002-04-28 | 2003-04-14 |
| FACEY, David Alan | Director | 2008-07-04 | 2009-11-24 |
| FISCHER, Pierre Frederic Othmar | Director | 2007-06-18 | 2008-06-30 |
| GLEESON, Nicholas Murray | Director | 2007-05-10 | 2008-03-15 |
| HOULDSWORTH, Robin Matthew | Director | 2004-03-15 | 2007-12-12 |
| HUGHES, Karl Alexander | Director | 2008-06-30 | 2008-07-04 |
| HUGHES, Karl Alexander | Director | 2006-03-20 | 2008-06-30 |
| KENDREW, Trevor | Director | 2001-06-18 | 2002-05-30 |
| MACKAY, John Sebastian | Director | 2008-07-04 | 2009-11-24 |
| MANN, Melvyn Norman | Director | 2000-09-28 | 2002-05-30 |
| MANTHORPE, Michael John | Director | 2002-05-28 | 2003-12-30 |
| MARSDEN, Hugh John Lucas | Director | 2004-01-02 | 2004-03-31 |
| ORAM, Leonard William | Director | 2018-04-01 | 2025-06-30 |
| ORAM, Leonard William | Director | 2009-11-24 | 2017-06-01 |
| SUTHERLAND, Roderick James | Director | 2018-07-12 | 2023-12-31 |
| THORNTON, Mark Richard | Director | 2000-09-20 | 2001-06-18 |
| WAUTON, Jonathan Dominic | Director | 2015-07-17 | 2018-07-01 |
| WICKERT, Clare | Director | 2015-03-31 | 2025-10-31 |
| WOOLRIDGE, Robert Ian | Director | 2008-07-04 | 2009-11-24 |
| WOSTYN, William Pierre Francois Norbert | Director | 2007-05-10 | 2008-06-30 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2000-09-20 | 2000-09-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Lester Petch | Individual | Significant influence | 2016-04-06 | Ceased 2022-11-30 |
| Tam Financial Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 205 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-04-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-25 | AUD | auditors | Auditors resignation company | |
| 2024-10-28 | AA01 | accounts | Change account reference date company current extended | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-13 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-13 | MA | incorporation | Memorandum articles | |
| 2023-11-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-08-25 | AA | accounts | Accounts with accounts type full | |
| 2023-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-09-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2023 · period ending 2023-10-31 vs 2022-12-31
-
Turnover
-38.3%
£4,694,868 £2,895,882
lowest in 5 filed years
-
Cash
+38.6%
£1,161,502 £1,610,175
highest in 5 filed years
-
Net assets
-25.8%
£1,382,961 £1,026,751
lowest in 5 filed years
-
Employees
-6.3%
16 15
-
Operating profit
-498.9%
£124,577 -£496,929
lowest in 5 filed years
-
Profit before tax
-255.1%
£228,383 -£354,308
lowest in 5 filed years
-
Wages
+28%
£1,309,609 £1,676,071
highest in 5 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