SITUS ASSET MANAGEMENT LIMITED

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

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The business is managed at European group level and therefore, the directors have considered the financial situation of the European group of companies including the events subsequent to the financial year end as part of the going concern assessment. Having considered the forecast and scenario testing, the directors are satisfied that the Company has the resources to continue in business for the foreseeable future. Furthermore, the ultimate parent undertaking has confirmed that it will provide financial support to the Company to ensure that the Company can continue as a going concern for at least one year from the date that the financial statements are approved. The ultimate parent company is Situs AMC Holdings Corporation. The directors are not aware of any material uncertainties that may cast significant doubt upon the Company's ability to continue as a going concern.”

Group structure

1. SITUS ASSET MANAGEMENT LIMITED · parent
   1. Situs Asset Management Ireland DAC 100% · Ireland · Credit servicing firm

Significant events

• “RERC Europe Limited was liquidated on 23 July 2024.”
• “Hatfield Philips Agency Services Limited was liquidated on 16 September 2025.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -5.9%

  £16,520,387 → £15,548,557

• Cash

  -10.2%

  £6,421,006 → £5,766,746

• Net assets

  +10%

  £30,603,715 → £33,664,997

• Employees

  +19.4%

  67 → 80

• Operating profit

  -49.9%

  £5,718,283 → £2,865,986

• Profit before tax

  -27%

  £5,504,536 → £4,019,985

• Wages

  +22.9%

  £6,755,346 → £8,299,849

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