THAMES RIVER CAPITAL LLP

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of the Members' assessment of going concern they have considered, as best they can, the impact on the business environment emanating from market volatility against the background of domestic and global macro-economic challenges (rising interest rates, inflation). While there can be no absolute certainty, having considered the current results of the LLP and the current liquidity and net assets of the LLP, the Members are satisfied that it remains a reasonable assumption that the LLP has sufficient resources to meet both its working capital and regulatory capital requirements for at least 12 months from the date of approval of the Financial Statements. Accordingly, the Financial Statements have been prepared on a going concern basis.”

Significant events

• “The LLP's assets under management ("AUM") remained constant at £1.8bn as at 31 March 2025 due to net inflows of £0.1bn, offset by negative market growth of £0.1bn.”
• “Revenue for the year to 31 March 2025 decreased from £25,282,000 (2024) to £13,487,000 (2025) largely due to a reduction in performance fees of £11,158,000 from £12,012,000 (2024) to £854,000 (2025).”
• “During the period between the reporting date and the date of approval of these Financial Statements, profit distributions of £2,340,000 were paid to the Members.”

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

  -46.7%

  £25,282,000 → £13,487,000

• Cash

  -41.9%

  £14,701,000 → £8,542,000

• Net assets

  -49.2%

  £19,890,000 → £10,108,000

• Employees

  0%

  13 → 13

• Operating profit

  -53.9%

  £17,831,000 → £8,212,000

• Profit before tax

  -52.3%

  £18,421,000 → £8,782,000

• Wages

  +14.5%

  £1,240,000 → £1,420,000

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