RELATIVE VALUE INVESTMENTS UK LIMITED LIABILITY PARTNERSHIP

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

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After evaluating the Partnership's business activities, financial position, capital, factors likely to affect its future development and performance, and its objectives and policies in managing the financial risks to which it is exposed, the Members are satisfied that the Partnership has adequate access to resources to enable it to meet its obligations as they fall due and to continue in operational existence for at least the next 12 months from the date of signing these financial statements. For this reason, the Members considers it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “In May/June 2024, as part of the wider strategic restructuring: The Partnership's general partnership interests in Irish LP ($124,432,780) were terminated for cash.”
• “All loans and advances were early terminated and transferred by the Partnership to Barclays Capital Holdings Inc. ('BCHI') and Relative Value Holdings LLC ('RVH LLC'): (i) The senior and junior notes issued by Relative Value Trading Limited to the Partnership (total $1,773,435,723 principal); (ii) Loans from the Partnership to Barclays Bank PLC ($861,685,088 principal) were split, with total $751,685,088 principal distributed to BCHI and RVH LLC.”
• “Repayment of the following partnership interests issued by the Partnership to BCHI and RVH LLC: (i) Preference A and B interests were also partially repaid (total $99,840,665 principal repaid); and (ii) Preference C and D interests (total $1,159,335 principal); and (iii) The perpetual interest (total $2,529,543,898 principal).”
• “As part of the strategic restructuring undertaken in May 2024, the Partnership increased its general partnership interest in Irish LP by $31,551,545. The Partnership subsequently retired from Irish LP and received $124,432,780.”

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

  —

  Not reported

• Cash

  -84.3%

  £5,668,496 → £889,638

• Net assets

  -99%

  £92,685,817 → £889,638

• Employees

  —

  Not reported

• Profit before tax

  -93.8%

  £12,724,915 → £788,291

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