THE INVESTMENT ASSOCIATION
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-02 (in 8mo)
Last made up 2025-12-19
Watchouts
None on the register
Cash
£15M
+27.6% vs 2023
Net assets
£6M
+12.6% vs 2023
Employees
95
-3.1% vs 2023
Profit before tax
£917K
+154.6% vs 2023
Name history
Renamed 1 time since incorporation
- THE INVESTMENT ASSOCIATION 2015-01-02 → present
- INVESTMENT MANAGEMENT ASSOCIATION 2001-12-20 → 2015-01-02
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £17,800,468 | £18,397,549 | |
| Operating profit | £71,613 | £259,527 | |
| Profit before tax | £360,072 | £916,753 | |
| Net profit | £7,433 | £672,891 | |
| Cash | £12,080,679 | £15,411,667 | |
| Total assets less current liabilities | £5,342,237 | £6,015,128 | |
| Net assets | £5,342,237 | £6,015,128 | |
| Equity | £5,342,237 | £6,015,128 | |
| Average employees | 98 | 95 | |
| Wages | £9,298,970 | £9,273,295 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 0.4% | 1.4% | |
| Net margin | 0.0% | 3.7% | |
| Return on capital employed | 1.3% | 4.3% | |
| Gearing (liabilities / total assets) | 75.2% | 74.7% | |
| Current ratio | 1.29x | 1.30x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The board has made appropriate enquiries and has concluded that the expected level of member subscriptions will cover forecast expenses and therefore it is reasonable to assert that the company and the group will remain in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- THE INVESTMENT ASSOCIATION · parent
- The Investment Association Services Limited 100%
- The IA Engine Ltd 100%
Significant events
- “Camomile Court's lease expires in October 2025 and this risk became more prominent in the register due to uncertainties surrounding the timing of securing a new lease, aimed at mitigating the financial impact of prolonged dual occupancy expenses.”
- “Following a year of elections in 2024, 2025 is already proving to be one where the results of those elections have been keenly felt across the UK, EU, US and beyond, with significant direct and indirect impacts on the policy environment. The start of the Trump 2.0 era has provided further encouragement for both the EU and the UK to move quickly to improve competitiveness.”
- “In April 2025 the company signed a 10 year lease agreement for a new office space, ahead of the 10 year lease on Camomile Court ending in October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
19 active · 81 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KNIGHT, Jack Willoughby | Secretary | 2014-03-01 | — | — |
| ADLER, Eric | Director | 2025-09-17 | Aug 1968 | American,French |
| ALEXANDER, Samantha | Director | 2025-09-17 | May 1975 | British |
| BEESLEY, Matthew Charles | Director | 2025-02-11 | Dec 1975 | British |
| CLEBORNE, Jonathan Guy | Director | 2025-04-16 | Aug 1980 | American |
| CUMMINGS, Christopher James | Director | 2016-09-21 | Nov 1967 | British |
| ELWELL, Rachel Louisa | Director | 2020-09-16 | Sep 1974 | British |
| FITZPATRICK, Mark Thomas | Director | 2024-05-23 | Apr 1968 | Irish |
| GEDDES, Paul Robert | Director | 2024-09-25 | Jun 1969 | British |
| GEORGESON, Hans Iain | Director | 2024-09-25 | Dec 1971 | British |
| KARIM, Ouajnat | Director | 2026-05-06 | Jun 1979 | French,British |
| MACGILLIVRAY, Kirstie Sarah | Director | 2022-09-27 | Oct 1973 | British |
| MALLOY, Matthew Holian | Director | 2024-09-25 | Jun 1969 | American |
| MELVIN, Sarah Louise | Director | 2024-09-25 | Feb 1971 | British |
| METTERS, Keith Edward | Director | 2025-06-12 | Nov 1970 | American |
| PINTO, Gilou Joseph | Director | 2023-09-27 | May 1969 | French |
| PRENDERGAST, Ann | Director | 2024-05-23 | Jun 1973 | Irish |
| VERSEY, Mark Richard Beavis | Director | 2021-01-27 | Aug 1972 | British |
| WIGGINS, Sasha Rebecca | Director | 2025-09-17 | Apr 1974 | British |
Show 81 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MICHELL, Alison Mary | Secretary | 2001-12-20 | 2003-11-30 |
| SMITH, Carolyn Patricia | Secretary | 2003-12-01 | 2014-03-01 |
| AHMAD, Muhammad Irshaad | Director | 2013-06-05 | 2019-09-18 |
| ALTINGER, Alexandra Maria | Director | 2021-09-15 | 2024-01-10 |
| ANNABLE, Matthew John | Director | 2006-05-25 | 2009-05-19 |
| ARMOUR, Gregory Mark | Director | 2014-09-03 | 2016-12-15 |
| ARONA, Marcello | Director | 2023-09-27 | 2024-11-15 |
| BATEMAN, Barry Richard James | Director | 2001-12-20 | 2006-05-24 |
| BEESLEY, Matthew Charles | Director | 2025-02-11 | 2025-02-11 |
| BERENS, Jasper Luke | Director | 2014-09-03 | 2018-12-03 |
| BIRD, Stephen | Director | 2022-04-27 | 2024-06-15 |
| BONHAM CARTER, Edward Henry | Director | 2004-06-08 | 2009-05-19 |
| BREEDON, Timothy James | Director | 2004-06-08 | 2005-12-31 |
| BROWN, Alan John | Director | 2009-10-28 | 2014-11-18 |
| BURTON, Alan Christopher | Director | 2001-12-20 | 2003-05-14 |
| CARMIGNAC, Maxime Chloe Paulina | Director | 2015-09-08 | 2021-09-15 |
| CHAMBERS, Christopher Peter | Director | 2007-05-22 | 2015-09-08 |
| CHARRINGTON, Nicholas James | Director | 2011-06-14 | 2015-09-08 |
| CHENE, Claude Andre | Director | 2010-06-08 | 2012-12-31 |
| COHEN, Michael Micha | Director | 2015-09-08 | 2021-09-15 |
| COHEN, Stephen Harold | Director | 2021-09-15 | 2024-02-23 |
| COLLINS, Crispian Hilary Vincent | Director | 2001-12-20 | 2003-05-14 |
| CONNELLAN, Caroline Mary | Director | 2018-09-19 | 2021-05-19 |
| CORLEY, Elizabeth Pauline Lucy | Director | 2010-12-08 | 2016-09-21 |
| CRITICOS, Nick | Director | 2001-12-20 | 2007-05-22 |
| D'ORGEVAL, Philipe | Director | 2021-01-06 | 2022-09-27 |
| D'ORGEVAL, Philippe | Director | 2020-01-06 | 2020-01-06 |
| D'ORGEVAL, Philippe Le Barrois | Director | 2019-03-08 | 2020-12-07 |
| DAVIES, Simon Howard | Director | 2001-12-20 | 2007-05-22 |
| DROMER, Alain Henri | Director | 2009-05-19 | 2012-09-11 |
| DU TOIT, Hendrik Jacobus | Director | 2009-05-19 | 2014-09-03 |
| DZANIS, Marie Ellen | Director | 2020-10-22 | 2023-09-27 |
| ELLIS, Simon Charles | Director | 2003-05-14 | 2009-05-19 |
| ELMASRY, Hassan Ahmed | Director | 2021-09-15 | 2023-09-27 |
| FARQUHARSON, Charles Bowen | Director | 2001-12-20 | 2004-06-08 |
| FEENEY, Paul William | Director | 2015-09-08 | 2018-09-19 |
| FERRANS, Douglas | Director | 2005-05-25 | 2014-06-30 |
| FLEMING, Campbell | Director | 2010-06-08 | 2014-09-03 |
| FORMICA, Andrew James | Director | 2019-09-18 | 2022-09-27 |
| FORMICA, Andrew James | Director | 2012-03-29 | 2018-09-19 |
| GODFREY, Daniel Charles | Director | 2012-12-01 | 2015-10-07 |
| HAGERTY, Sean Patrick | Director | 2021-09-15 | 2024-09-25 |
| HARRISON, Peter | Director | 2021-09-15 | 2024-09-25 |
| HARRISON, Peter | Director | 2015-01-30 | 2020-04-29 |
| HIGGINBOTHAM, Robert Charles Trant | Director | 2009-05-19 | 2015-09-08 |
| HILL, Christopher Frederick | Director | 2021-09-15 | 2023-09-27 |
| HOCTOR-DUNCAN, Alexander Charles | Director | 2015-09-08 | 2017-09-20 |
| HORLICK, Richard Miles Andrew | Director | 2004-06-08 | 2005-05-25 |
| HORRELL, Peter John | Director | 2015-11-04 | 2021-09-15 |
| JENKINS, Robert Warren | Director | 2007-01-17 | 2009-12-31 |
| JOLLIFFE, Ian | Director | 2001-12-20 | 2003-10-14 |
| JONES, Keith | Director | 2003-05-14 | 2007-05-22 |
| KASENALLY-O’DRISCOLL, Nasreen Banu | Director | 2023-09-27 | 2026-01-30 |
| KUSHEL, John Richard | Director | 2010-06-08 | 2011-06-14 |
| LAING, Andrew Arthur | Director | 2012-03-29 | 2018-09-19 |
| LORD, Rachel | Director | 2017-11-09 | 2021-02-22 |
| MCCAREINS, John | Director | 2024-05-23 | 2025-04-09 |
| MCFARLAND, Kim Mary | Director | 2015-09-08 | 2021-09-15 |
| MCINTOSH, Leslie Kynoch | Director | 2003-10-14 | 2004-06-08 |
| MCKINTOCK, Michael George Alexander | Director | 2004-06-08 | 2007-05-22 |
| MCLATCHIE, Colin | Director | 2005-05-25 | 2006-05-24 |
| MOREAU, Nicolas Jean Marie Denis | Director | 2020-09-16 | 2024-05-23 |
| MORRISEY, Helena | Director | 2005-05-25 | 2012-09-11 |
| MORRISSEY, Helena Louise, Baroness | Director | 2014-06-30 | 2017-05-01 |
| MULLAN, Alan Hugh, Mr. | Director | 2012-09-11 | 2014-09-03 |
| MUNRO, Euan George | Director | 2023-09-27 | 2025-04-09 |
| MUNRO, Euan George | Director | 2017-01-06 | 2020-12-31 |
| MUNRO, Joanna Mary | Director | 2015-09-08 | 2020-09-16 |
| NOTT, William John | Director | 2007-05-22 | 2015-06-25 |
| O'REILLY, Catherine Mary | Director | 2021-09-15 | 2025-06-12 |
| O'SHEA, Michael Patrick | Director | 2015-09-08 | 2021-09-15 |
| PHILLIPS, Christopher Martin | Director | 2005-05-25 | 2007-04-10 |
| RAMPULLA, Thomas Mark | Director | 2013-06-05 | 2015-06-03 |
| RING, Nicholas John | Director | 2022-09-27 | 2023-09-27 |
| SAUNDERS, Richard Berry | Director | 2002-01-29 | 2012-12-01 |
| SCHLOSSBERG, Andrew Ryan | Director | 2017-09-20 | 2019-01-15 |
| SCRIMGEOUR, Michelle Sylvia | Director | 2018-09-19 | 2024-09-25 |
| SEMAYA, David Jonathan | Director | 2009-05-19 | 2014-09-03 |
| SHAUGHNESSY, Gary Paul John | Director | 2006-05-24 | 2007-01-17 |
| SKEOCH, Keith | Director | 2019-03-08 | 2022-09-27 |
| SKEOCH, Norman Keith, Sir | Director | 2007-05-22 | 2015-09-08 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 304 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-17 | AA | accounts | Accounts with accounts type group | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-19 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 5
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3.4%
£17,800,468 £18,397,549
-
Cash
+27.6%
£12,080,679 £15,411,667
-
Net assets
+12.6%
£5,342,237 £6,015,128
-
Employees
-3.1%
98 95
-
Operating profit
+262.4%
£71,613 £259,527
-
Profit before tax
+154.6%
£360,072 £916,753
-
Wages
-0.3%
£9,298,970 £9,273,295
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers