THE ROYAL BANK OF SCOTLAND GROUP INDEPENDENT FINANCIAL SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  These financial statements have been prepared on other than going concern basis. Under this basis, the assets have been measured at carrying value less impairment and liabilities at settlement / transfer values. The directors continue to hold the intention to liquidate the Company and expect this will take place shortly after the final settlement of the remaining provision.

1. THE ROYAL BANK OF SCOTLAND GROUP INDEPENDENT FINANCIAL SERVICES LIMITED 2001-07-02 → present
2. ROYAL BANK INSURANCE SERVICES (INDEPENDENT FINANCIAL ADVISERS) LIMITED 1997-06-02 → 2001-07-02
3. ROYAL BANK INSURANCE SERVICES LIMITED 1978-09-22 → 1997-06-02

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These financial statements have been prepared on other than going concern basis. Under this basis, the assets have been measured at carrying value less impairment and liabilities at settlement / transfer values. The directors continue to hold the intention to liquidate the Company and expect this will take place shortly after the final settlement of the remaining provision.”

Significant events

• “No new business has been conducted by the Company since 1 January 2013 and the Company was de-authorised by the Financial Conduct Authority (FCA) with effect from 14 August 2020.”
• “As a result of regulatory changes introduced from 1 January 2013 by the FCA the Company materially changed its business model.”

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

  0%

  £9,191,380 → £9,191,380

• Net assets

  -2.2%

  £5,425,165 → £5,304,679

• Employees

  —

  Not reported

• Operating profit

  -246.9%

  -£34,425 → -£119,436

• Profit before tax

  -250%

  -£34,425 → -£120,486

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