HARNEY WESTWOOD & RIEGELS (UK) LLP

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. HARNEY WESTWOOD & RIEGELS (UK) LLP 2025-01-08 → present
2. HARNEY WESTWOOD & RIEGELS LLP 2002-05-23 → 2025-01-08

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

Standalone (parent only)

Auditor

KPMG Channel Islands Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Members have reviewed the net assets position, trading and cashflow forecasts for a period of 12 months after approval of these financial statements for the Group and obtained letter of support from the Group for the LLP. As a result, the members have a reasonable expectation that the LLP has the resources available at its disposal to continue in operational existence for the foreseeable future. Those forecasts are dependent on Harney Westwood & Riegels International providing additional financial support during that period. Harney Westwood & Riegels International has indicated its intention to continue to make available such funds as are needed by the LLP, and that it does not intend to seek repayment of the amounts due at the reporting date 31 December 2024, for the period covered by the forecasts. As with any entity placing reliance on other group entities for financial support, the Members acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the Members are confident that the LLP will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “There have been no events since the balance sheet date which materially affect the position of the LLP.”
• “Management has evaluated events after the reporting period up to September 05, 2025, the date that these financial statements were available to be issued and determined that no events after the reporting period have occurred that would require recognition or additional disclosure in these financial statements.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +29.7%

  £14,000,501 → £18,160,603

• Cash

  +368.8%

  £641,230 → £3,005,897

• Net assets

  -26.5%

  £11,654,753 → £8,569,983

• Employees

  -29.7%

  91 → 64

• Operating profit

  +64.5%

  -£1,967,513 → -£699,192

• Profit before tax

  +65%

  -£1,959,211 → -£684,788

• Wages

  +12.1%

  £7,815,870 → £8,764,979

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