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Next accounts due

2027-06-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2027-05-20 (in 1y)

Last made up 2026-05-06

Watchouts

None on the register

Cash

£25M

+185.9% vs 2024

Net assets

£2B

+14.4% vs 2024

Employees

Average over period

Profit before tax

£91M

+15.5% vs 2024

Name history

Renamed 1 time since incorporation

  1. MURRAY INTERNATIONAL TRUST PLC 1984-08-20 → present
  2. MURRAY WESTERN INVESTMENT TRUST PLC 1907-12-18 → 1984-08-20

Accounts

2-year trend · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31
Turnover £84,517,000£96,341,000
Operating profit £79,937,000£92,081,000
Profit before tax £79,009,000£91,232,000
Net profit £70,975,000£82,592,000
Cash £8,732,000£24,966,000
Total assets less current liabilities £1,788,765,000£2,030,900,000
Net assets £1,678,849,000£1,920,974,000
Equity £1,678,849,000£1,920,974,000
Average employees
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 2024-12-312025-12-31
Operating margin 94.6%95.6%
Net margin 84.0%85.7%
Return on capital employed 4.5%4.5%
Gearing (liabilities / total assets) 6.1%5.4%
Current ratio 8.60x9.65x
Interest cover 86.14x108.46x

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
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Our audit work concludes that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

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

People

7 active · 25 resigned

Name Role Appointed Born Nationality
ABRDN HOLDINGS LIMITED Corporate Secretary 2002-02-14
BINYON, Claire Margaret Director 2018-04-26 Sep 1966 British
COLQUHOUN, Wendy Margaret Director 2023-09-01 Sep 1963 British
ECKERSLEY, Gregory Douglas Director 2023-05-01 Sep 1964 British
HOLMES, Virginia Anne Director 2022-06-22 May 1960 British
HUYSINGA, Jeroen Karel Director 2025-05-01 Nov 1964 British
MELHUISH, Nicholas James Anthony Director 2021-05-01 Mar 1969 British
Show 25 resigned officers
Name Role Appointed Resigned
MURRAY JOHNSTONE LIMITED Corporate Secretary 2002-02-14
BENSON, David Holford Director 1999-10-25 2009-04-22
BEST, James Douglas Director 2005-06-30 2018-04-26
BROWN, Ella Irene Director 2011-04-29 2011-06-17
BRUCE, Janet Patricia, Lady Balfour Of Burleigh Director 2003-09-30 2016-04-26
BURNETT-STUART, Joseph, Mr. Director 1991-04-29 1995-04-24
CAMPBELL, Marcia Dominic Director 2012-04-27 2021-04-23
CARTER, Kevin James, Dr Director 2009-04-23 2021-04-23
COATS, William David, Sir Director 1992-03-31
CUTHBERT, William Moncrieff Director 1989-05-15
DENHOLM, John Ferguson, Sir Director 1993-03-31
DUNSCOMBE, Peter William Director 2011-04-29 2020-04-24
FERGUSSON, Adam Dugdale Director 1995-04-24 2001-07-23
FRASER, Simon Director 2020-05-01 2021-08-09
HARDIE, David Director 2014-05-01 2023-12-31
HARDMAN, Blaise Noel Anthony Director 1999-12-31
JOHNSTONE, Raymond, Sir Director 1989-11-27 2005-05-03
MACKESY, Alexandra Jane Director 2016-05-01 2025-04-24
MACPHERSON, Ewen Alan Director 1994-09-30
SHEA, Michael Sinclair, Dr Director 1992-07-27 2001-04-30
SHEDDEN, Alfred Charles Director 2000-10-23 2014-04-29
STEPHEN, Alexander Moncrieff Mitchell Director 1992-03-31
SUTHERLAND, Donald Gilmour Director 1989-08-31
TROTT, John Francis Henry Director 2000-10-23 2011-04-28
THE RT HON VISCOUNT YOUNGER OF LECKIE Corporate Director 1989-11-27 2002-11-06

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 828 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-04-29 RESOLUTIONS Resolution
Date Type Category Description
2026-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-05-08 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-05-01 AA accounts Accounts with accounts type full
2026-05-01 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-04-29 RESOLUTIONS resolution Resolution
2026-04-28 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-04-22 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-04-20 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-03-04 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-02-25 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-02-24 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-02-18 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-01-09 SH03 capital Capital return purchase own shares treasury capital date
2025-12-16 SH03 capital Capital return purchase own shares treasury capital date
2025-10-03 SH03 capital Capital return purchase own shares treasury capital date
2025-10-02 SH03 capital Capital return purchase own shares treasury capital date
2025-09-24 AA accounts Accounts with accounts type interim
2025-08-28 SH03 capital Capital return purchase own shares treasury capital date
2025-08-13 SH03 capital Capital return purchase own shares treasury capital date
2025-08-11 SH03 capital Capital return purchase own shares treasury capital date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
16

last 24 months

Officers appointed
1

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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

Official Companies House page