TENARON CAPITAL MANAGEMENT UK 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

FRS 102

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The members have assessed the ability of the LLP to continue as a going concern for the next 12 months from the date of approval of these financial statements. That assessment includes the impact of ongoing conflicts between Russia and Ukraine and in the Middle East. The LLP provides sub-investment management services, which include order execution and portfolio management services to its US parent and sole client, Tenaron Capital Management LP ("Tenaron US"), and receives fees on a cost plus/revenue split basis from Tenaron US, therefore, the LLP is dependent on the ability of Tenaron US to continue to pay fees when due under the Sub-Investment Management Agreement. The members of the LLP consider that Tenaron US, has sufficient financial resources to continue paying fees due to the LLP, so that the LLP has adequate resources to meet its costs and liabilities as they fall due for at least twelve months from the date of approval of these financial statements. The members have concluded that there are no material uncertainties that may cast significant doubt about the LLP's ability to continue as a going concern for a period for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements are prepared on the going concern basis.”

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

  +23.8%

  £1,595,576 → £1,974,575

• Cash

  +49.9%

  £96,560 → £144,771

• Net assets

  -53.9%

  £2,269,135 → £1,046,238

• Employees

  +20%

  5 → 6

• Wages

  +42.8%

  £709,797 → £1,013,563

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