S-RM INTELLIGENCE AND RISK CONSULTING LIMITED

1. S-RM INTELLIGENCE AND RISK CONSULTING LIMITED 2016-01-12 → present
2. SALAMANCA RISK MANAGEMENT LIMITED 2006-08-17 → 2016-01-12
3. SALAMANCA SECURITY CONSULTING LIMITED 2005-03-31 → 2006-08-17

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

IFRS

Reporting scope

Consolidated group

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. The directors have reviewed cash flow forecasts for at least the 12 month period from the date of signing to ensure the Group can maintain its day-to-day services, fulfil its statutory obligations and meet future obligations to stakeholders. The Group had sufficient cash balances to maintain a positive cash position and meet the Group's liabilities as they fall due for at least 12 months from the date of approval of Group financial statements, based upon current expectations. To the date of signing, positive cash flow has been maintained and deliveries of services have not been impacted materially. The directors have stress tested their forecasts and sales demand would need to fall by a significant amount before cash flow becomes an issue and that they do not believe this to be probable outcome. The directors believe the Group will continue to be a going concern.”

Group structure

1. S-RM INTELLIGENCE AND RISK CONSULTING LIMITED · parent
   1. S-RM Intelligence and Risk Consulting (Pty) Limited 100% · South Africa · Provision of intelligence and risk management services
   2. S-RM Intelligence and Risk Consulting SDN. BHD 100% · Malaysia · Provision of risk management services, research and corporate intelligence, and security consulting services
   3. S-RM Asia Pacific Limited 100% · Hong Kong · Compliance, due diligence and risk management
   4. S-RM Intelligence and Risk Consulting LLC 100% · USA · Compliance, due diligence and risk management
   5. S-RM B.V. 100% · Netherlands · Cyber security consultancy
   6. S-RM Intelligence & Risk Consulting PTE. Limited 100% · Singapore · Provision of intelligence and risk management services

Significant events

• “Restructuring to facilitate autonomous strategies for the Corporate Intelligence and Cyber businesses (which launched in October 2024) saw actual headcount decrease by 9% from 352 to 322.”
• “The opening of S-RM SDN BHD in Malaysia in FY24 supports the firm's global delivery centre strategy and serves a growing number of clients in the APAC region.”
• “In FY24, the Cyber business invested in the development of its proprietary platform, Polus Attack Surface Management (ASM).”
• “The Corporate Intelligence business launched strategic partnerships with Invest Africa and the British Chamber of Business in South Africa to elevate our brand and help build opportunity across the African continent, as well as going to market with a new ESG practice.”
• “During the year S-RM Consultoria Ltda was closed.”
• “During the year, the company recognized an impairment loss of £348,131 related to the investment in its Brazilian subsidiary, which is currently undergoing dissolution.”
• “In addition to the ongoing services provided by the Company to the AXA entities set out above, the business agreed to new borrowing terms with XL Bermuda Ltd. The new loan agreement required that the existing loan be repaid in full, and a new loan amount of £7,250,000 to be paid to S-RM. It was agreed that repayment of the loan will be no earlier than 8th March 2027.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +1.4%

  £56,714,617 → £57,514,418

• Cash

  +39.6%

  £4,285,301 → £5,982,603

• Net assets

  -1.1%

  £11,191,465 → £11,073,024

• Employees

  +3.7%

  327 → 339

• Operating profit

  +279.3%

  -£329,310 → £590,603

• Profit before tax

  +5.1%

  -£501,871 → -£476,492

• Wages

  +6.7%

  £29,227,975 → £31,175,023

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