ALBACORE CAPITAL (UK) LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2020-12-31.

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 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors report that, having reviewed current performance and forecasts, they have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of these financial statements. Therefore, these financial statements have been prepared on a going concern basis.”

Group structure

1. ALBACORE CAPITAL (UK) LIMITED · parent
   1. AlbaCore Capital LLP 99% · UK · investment management services

Significant events

• “On 19 March 2023, the AIFM entered into a share purchase agreement with parties associated to First Sentier Investors, an Australian based asset management business. The transaction closed on 14 November 2023, which caused ACGL to become the 100% owner of the AIFM. ACGL is owned and controlled 75% by entities controlled by First Sentier Investors and ultimately by Mitsubishi UFJ Financial, Inc.”
• “The Company declared and paid an interim dividend of £4,265,309 in the year ended 31 December 2024 (2023: £1,316,631).”
• “During the year Deloitte LLP was appointed as the new independent auditor on 20 November 2024, replacing BDO LLP who resigned on 16 September 2024.”
• “On 11 December 2024, the Company completed a £10,227,875 share capital reduction representing 9,748,643 ordinary shares of £1 each at par value and £479,232 reducing the share premium account balance to nil.”

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

Filings

3

last 12 months

Capital events

3

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

  —

  Not reported

• Cash

  +700%

  £2 → £16

• Net assets

  +6.4%

  £14,175 → £15,087

• Employees

  —

  Not reported

• Operating profit

  +147.5%

  £760 → £1,881

• Profit before tax

  +147.5%

  £760 → £1,881

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