VARIANCE CAPITAL LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-21 (in 8mo)
Last made up 2026-01-07
Watchouts
None on the register
Cash
£621K
-40% vs 2023
Net assets
£3M
-61% vs 2023
Employees
0
Average over period
Profit before tax
£2M
-77.9% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £12,323,204 | £3,669,876 | |
| Operating profit | £11,027,061 | £2,373,736 | |
| Profit before tax | £11,047,742 | £2,442,748 | |
| Net profit | £11,047,742 | £2,442,748 | |
| Cash | £1,035,970 | £621,072 | |
| Total assets less current liabilities | £7,491,122 | £2,922,837 | |
| Net assets | £7,491,122 | £2,922,837 | |
| Equity | £7,491,122 | £2,922,837 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 89.5% | 64.7% | |
| Net margin | 89.6% | 66.6% | |
| Return on capital employed | 147.2% | 81.2% | |
| Current ratio | 57.44x | 9.34x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has a satisfactory capital position and as a consequence the members believe that the group is well placed to manage its business risks successfully. The Group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- VARIANCE CAPITAL LLP · parent
- Variance Capital Asset Management LLP 100%
- Variance Capital Asset Management (UK) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLINCO SAS | Corporate Llp Designated Member | 2013-12-31 | — | — |
| KYTE CAPITAL MANAGEMENT LIMITED | Corporate Llp Designated Member | 2015-01-01 | — | — |
| TOURNESOLS SAS | Corporate Llp Designated Member | 2013-12-31 | — | — |
| BURKE, Aoife Nora | Llp Member | 2021-01-01 | May 1975 | — |
| BELASSIS CONSULTING LIMITED | Corporate Llp Member | 2022-01-06 | — | — |
| EMER43 | Corporate Llp Member | 2015-12-31 | — | — |
| EMMA++ SAS | Corporate Llp Member | 2013-12-31 | — | — |
| FIREBIRD Z LIMITED | Corporate Llp Member | 2013-08-19 | — | — |
| KANTE DATA SOLUTIONS | Corporate Llp Member | 2021-01-01 | — | — |
| VARIANCE DATA SARL | Corporate Llp Member | 2013-12-31 | — | — |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OLIVIER, Jerome Francois Pierre | Llp Designated Member | 2013-01-11 | 2013-12-31 |
| PHILIPPE, Frederic Jean Marie | Llp Designated Member | 2013-01-11 | 2013-12-31 |
| KYTE FUND MANAGEMENT (UK) LIMITED | Corporate Llp Designated Member | 2013-01-11 | 2014-12-31 |
| THE KYTE GROUP LIMITED | Corporate Llp Designated Member | 2013-01-11 | 2014-12-17 |
| VARIANCE ARBITRAGE SAS | Corporate Llp Designated Member | 2013-01-11 | 2013-01-31 |
| GUIOT-DOREL, Jerome Francois Marie | Llp Member | 2013-01-11 | 2013-12-31 |
| RICHARD, Arnaud Roger Francis | Llp Member | 2013-01-11 | 2013-12-31 |
| RIESTERER, Michel Joseph | Llp Member | 2013-01-11 | 2013-12-31 |
| 1102 CONSULTING LLC | Corporate Llp Member | 2013-12-31 | 2015-12-31 |
| KEITLINGHAUS LIMITED | Corporate Llp Member | 2015-09-30 | 2020-12-31 |
| RUDNICK LLP | Corporate Llp Member | 2013-01-11 | 2013-12-31 |
| XB RESEARCH LIMITED | Corporate Llp Member | 2015-09-30 | 2017-05-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Frédéric Philippe | Individual | significant-influence-or-control-as-firm-limited-liability-partnership | 2016-04-06 | Active |
| Mr Jérôme Olivier | Individual | significant-influence-or-control-as-firm-limited-liability-partnership | 2016-04-06 | Active |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-07-29 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2025-01-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type group | |
| 2024-01-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-03 | AA | accounts | Accounts with accounts type group | |
| 2023-01-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-06 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2022-09-07 | AA | accounts | Accounts with accounts type group | |
| 2022-01-25 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2022-01-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-07 | AA | accounts | Accounts with accounts type group | |
| 2021-03-26 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2021-03-26 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2021-02-22 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2021-02-22 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2021-02-22 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2021-01-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-31 | LLTM01 | officers | Termination member limited liability partnership with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-70.2%
£12,323,204 £3,669,876
-
Cash
-40%
£1,035,970 £621,072
-
Net assets
-61%
£7,491,122 £2,922,837
-
Employees
—
Not reported
-
Operating profit
-78.5%
£11,027,061 £2,373,736
-
Profit before tax
-77.9%
£11,047,742 £2,442,748
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