AFFINITY RESEARCH 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

UK adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements, prepared on the going concern basis, assume that the LLP will generate sufficient working capital to continue operational existence for the foreseeable future. The members have, at the time of approving the financial statements, an expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future because they have received an assurance of continuing financial support from the LLP's ultimate controlling entity. Therefore, the LLP continues to adopt the going concern basis of accounting in preparing the financial statements. 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 limited liability partnership's ability to continue as a going concern for a period of 12 months from when the financial statements are authorised for issue.”

Significant events

• “As mentioned in the going concern section of Note 2 (Accounting policies) and in Note 14 (Events after the reporting date), the outlook for 2025 is uncertain in view of the ongoing conflicts in Ukraine and Gaza and the uncertainties caused by the new US administration's policies concerning tariffs and penalties, but the members have received an assurance of continuing financial support from the ultimate controlling entity and are confident the LLP has sufficient financial resources to withstand the economic impact and to take advantage of the opportunities that will arise as the global economy continues to recover.”

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

Filings

4

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

  +1.2%

  £656,477 → £664,287

• Cash

  -22.3%

  £9,262 → £7,200

• Net assets

  +147.8%

  £31,035 → £76,908

• Employees

  0%

  5 → 5

• Operating profit

  -52.8%

  £122,034 → £57,575

• Profit before tax

  +49.9%

  -£89,966 → -£45,092

• Wages

  +13.5%

  £321,188 → £364,650

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