QUAERO CAPITAL LLP

• ⚠

  Material uncertainty over going concern

  Quaero Capital SA has provided a letter of support to Quaero Capital LLP confirming that Quaero Capital SA will provide the required financial support to allow Quaero Capital LLP to continue as a going concern for a minimum of 12 months from the approval of the financial statements.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. QUAERO CAPITAL LLP 2018-03-29 → present
2. TIBURON PARTNERS LLP 2005-09-30 → 2018-03-29
3. TIBURON PARTNERS 2005 LLP 2005-07-04 → 2005-09-30

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

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Quaero Capital SA has provided a letter of support to Quaero Capital LLP confirming that Quaero Capital SA will provide the required financial support to allow Quaero Capital LLP to continue as a going concern for a minimum of 12 months from the approval of the financial statements.”

Significant events

• “closure of Quaero Capital Funds (Lux) - Taiko Japan in October 2024, following the retirement of its portfolio manager Rupert Kimber at the end of September 2024.”
• “On 1 April 2024 Quaero Capital SA was admitted as a member of the LLP.”
• “In July 2025, the Firm decided to serve notice on the landlord to break the Firm's lease of its premises at 2-4 King Street, London SW1Y 6QL with effect from 26th January 2026 with a view to moving to smaller premises thereafter.”

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

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

  -26.7%

  £1,926,252 → £1,411,812

• Cash

  -18.4%

  £728,595 → £594,439

• Net assets

  -0.2%

  £725,772 → £724,662

• Employees

  -33.3%

  12 → 8

• Operating profit

  -2%

  -£1,207,160 → -£1,231,530

• Profit before tax

  -2.1%

  -£1,196,018 → -£1,221,110

• Wages

  -17.3%

  £1,719,816 → £1,421,607

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