RIVER GLOBAL HOLDINGS LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-09-18 (in 4mo)
Last made up 2025-09-04
Watchouts
Cash
£194K
-97.6% vs 2023
Net assets
£50M
-15.7% vs 2023
Employees
0
Average over period
Profit before tax
-£11M
+63.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- RIVER GLOBAL HOLDINGS LIMITED 2023-12-01 → present
- RIVER AND MERCANTILE HOLDINGS LIMITED 2014-05-20 → 2023-12-01
- STRANDNEWCO LIMITED 2013-12-13 → 2014-05-20
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | £2,023,000 | £823,000 | |
| Operating profit | -£29,773,000 | -£10,447,000 | |
| Profit before tax | -£29,844,000 | -£10,861,000 | |
| Net profit | -£29,820,000 | -£10,861,000 | |
| Cash | £7,982,000 | £194,000 | |
| Total assets less current liabilities | £59,556,000 | £50,203,000 | |
| Net assets | £59,556,000 | £50,203,000 | |
| Equity | £59,557,000 | £50,203,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | -1471.7% | -1269.4% | |
| Net margin | -1474.0% | -1319.7% | |
| Return on capital employed | -50.0% | -20.8% | |
| Gearing (liabilities / total assets) | 3.7% | 16.9% | |
| Current ratio | 9.82x | 1.71x | |
| Interest cover | -258.90x | -949.73x |
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
- UK adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- RIVER GLOBAL HOLDINGS LIMITED · parent
- River and Mercantile US Holdings Limited 100%
- River Global Investors LLP 100%
- River and Mercantile Infrastructure LLP 100%
- SVM Asset Management Holdings Limited 100%
- SVM Asset Management Limited 100%
- SVM Investment Management Limited 100%
- SVM Investment Managers Limited 100%
- River Global Services Limited 100%
- River and Mercantile Group Trustees Limited 100%
- Ocean Dial Asset Management Limited 100%
Significant events
- “A new lease agreement was entered into just before Christmas 2024 for the London-based premises which involved surrendering one of the existing floors in the premises and consolidating our reduced employee footprint on to a single floor. The lease was signed by River Global Holdings Limited rather than River and Mercantile Group Limited which will result in the recognition of a right of use asset and lease liability on the balance sheet in the new financial year.”
- “On 6 March 2025 the ultimate parent undertaking AssetCo PLC was renamed River Global PLC.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AMSTAD, Donald Roy | Director | 2025-09-29 | Jul 1961 | British |
| BROUGH, Gordon Haig | Director | 2024-06-11 | Aug 1959 | British |
| HUDSON, Matthew | Director | 2025-06-30 | Dec 1970 | British |
| MARSHALL, Gary Robert | Director | 2023-09-29 | Jul 1961 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCKMASTER, Sally | Secretary | 2016-12-02 | 2023-02-28 |
| NASH, Ian | Secretary | 2013-12-13 | 2014-05-19 |
| PICKUP, Rudi Garth | Secretary | 2015-02-25 | 2016-12-02 |
| WESTON, Elizabeth | Secretary | 2014-05-19 | 2014-11-10 |
| MAZARS COMPANY SECRETARIES LIMITED | Corporate Secretary | 2014-11-10 | 2015-02-25 |
| BARHAM, James Edward Ellis | Director | 2018-09-11 | 2022-01-31 |
| BERRY, James John | Director | 2013-12-13 | 2018-09-11 |
| FAHEY, Frances | Director | 2019-05-23 | 2022-03-31 |
| FAULKNER, Michael Jonathan | Director | 2013-12-13 | 2018-09-11 |
| FLEMING, Campbell David | Director | 2022-06-14 | 2023-06-30 |
| HAYES, Kevin James Patrick | Director | 2014-05-19 | 2019-12-11 |
| HOCTOR-DUNCAN, Alexander Charles | Director | 2022-01-18 | 2025-06-30 |
| JONES, Glyn Nelson | Director | 2013-12-13 | 2014-07-01 |
| MCKELLAR, Peter Archibald | Director | 2022-06-14 | 2024-06-11 |
| MCKELVEY, Kenneth John | Director | 2013-12-13 | 2014-05-06 |
| PUNTER, Jonathan Dominic | Director | 2013-12-13 | 2014-06-05 |
| RUTT, Christopher Stewart | Director | 2018-10-01 | 2019-04-26 |
| SAMUELS, James Anthony Angus | Director | 2013-12-13 | 2014-05-30 |
| WHITE, Michael | Director | 2022-03-11 | 2023-09-29 |
| WILSON, Simon Levick Garth | Director | 2021-01-25 | 2022-07-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| River Global Plc | Corporate entity | Shares 75–100% | 2024-05-24 | Active |
| River And Mercantile Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2024-05-24 |
Filing timeline
Last 20 of 88 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-07 | AA | accounts | Accounts with accounts type full | |
| 2025-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-17 | AA | accounts | Accounts with accounts type full | |
| 2023-02-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-02-22 | SH19 | capital | Capital statement capital company with date currency figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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 2024-09-30 vs 2023-09-30
-
Turnover
-59.3%
£2,023,000 £823,000
-
Cash
-97.6%
£7,982,000 £194,000
-
Net assets
-15.7%
£59,556,000 £50,203,000
-
Employees
—
Not reported
-
Operating profit
+64.9%
-£29,773,000 -£10,447,000
-
Profit before tax
+63.6%
-£29,844,000 -£10,861,000
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