CLEARWATER CORPORATE FINANCE LLP

1. CLEARWATER CORPORATE FINANCE LLP 2005-04-06 → present
2. CLEARWATER CORPORATE FINANCE (UK) LLP 2005-02-01 → 2005-04-06

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

McMillan & Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the members' 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 LLP'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.”

Significant events

• “The Board is delighted to report its most successful year in the history of the firm, achieving £52.2m revenue: a 75% increase on the previous year.”
• “Finn O' Driscoll was promoted to partner at the commencement of the 24/25 financial year, further strengthening the Tech and Tech services team. Two additional internal promotions to the partnership are to be effective from April 2025: Zack Goddard in the Industrials sector and Mark Maunsell in Business Services.”
• “Clearwater was thrilled to be the recipient of 11 awards during the year, including UK Corporate Finance House of the Year at the Real Deals Private Equity Awards 2024.”
• “Clearwater Group was delighted to welcome 2 new businesses during 24/25: Paris based Vulcain, which has become our partner in France and Finnish Nordhaven Corporate Finance Oy, boosting the group's Nordic presence. The Group now operates from 20 offices across 12 countries of Europe, enabling close collaboration on cross border deals, evidenced by the 67 cross border deals completed during 24/25.”
• “We launched our sustainable procurement policy in 24/25, to incorporate sustainable considerations into our decision making. We also conducted a survey to gather data from our employees on their commuting habits, to improve the data we use in this scope 3 category.”
• “In 24/25 we have seen an increase in female representation from 22% in our baseline year to 32%. Our diversity in ethnicity has risen from 9% baseline year to 14% in 24/25, reaching our 2026 target.”
• “we were delighted to be able to commit £0.7m to this in 24/25 [to philanthropy budget], in addition to £0.2m spent on valuable sponsorship and donations to a variety of charities during the year.”
• “In 24/25 we launched an ESG health check focused on supporting Debt advisory clients and have been supporting debt funds with pre transaction assessment and analysis.”

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

Filings

11

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

  +74.5%

  £29,912,469 → £52,208,907

• Cash

  +229.4%

  £10,524,423 → £34,662,943

• Net assets

  +195.9%

  £9,391,659 → £27,794,442

• Employees

  +4.5%

  112 → 117

• Operating profit

  +162.8%

  £10,221,483 → £26,866,002

• Profit before tax

  +165.4%

  £10,439,276 → £27,709,589

• Wages

  +46.2%

  £9,348,889 → £13,668,318

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