Cash

£2M

+2,360.9% vs 2022

Net assets

£5M

+5.5% vs 2022

Employees

31

+10.7% vs 2022

Profit before tax

£1M

-18.7% vs 2022

Profile

Company number
SC548164
Status
Active
Incorporation
2016-10-19
Last accounts made up
2025-04-30
Account category
FULL
Primary SIC
66300
Hubs
UK Fintech

Profit before tax

4-year trend · vs UK Fintech median

£0£1m£2m2020202120222023
TARGET FUND MANAGERS LIMITED

Accounts

4-year trend · latest 2023-04-30

Metric Trend 2020-04-302021-04-302022-04-302023-04-30
Turnover
Operating profit
Profit before tax £1,538,264£1,251,193
Net profit £977,441£651,590
Cash £69,355£1,706,760
Total assets less current liabilities £4,828,283£5,093,873
Net assets
Equity £4,151,667£4,099,009£4,828,283£5,093,873
Average employees 2831
Wages £2,160,676£2,267,094

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Johnston Carmichael LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have assessed going concern with consideration to the GAAP losses incurred during the current and previous reporting periods and its available resources over the next twelve months. With consideration of these matters, the directors remain satisfied that the Company should be able to continue as a going concern as core earnings excluding taxation, amortisation and intercompany amounts remain stable and it is anticipated that the Company should hold surplus regulatory capital and liquid assets ahead of its regulatory requirements over the next twelve months per its current forecasts.”

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

11 active · 4 resigned

Name Role Appointed Born Nationality
CAMERON, Donald Crawford Secretary 2020-11-01
BROWN, Andrew Stewart Director 2016-10-19 Apr 1965 British
FLANNELLY, John Marcus Director 2016-10-19 Aug 1975 Irish
MACKENZIE, Angela Director 2016-10-19 Aug 1965 American
MACKENZIE, James Kenneth Director 2025-05-29 Aug 1978 British
MACKENZIE, John William Director 2025-05-29 Sep 1976 British
MACKENZIE, Kenneth Macangus Director 2016-10-19 Mar 1950 British
MURRAY, Alastair Ian Director 2025-12-11 Feb 1973 British
NAISH, Robert Malcolm Director 2024-09-24 Apr 1953 British
ROUND, Matthew James Director 2016-10-19 Jun 1974 British
STEVEN, Scott Mcknight Director 2020-11-01 Feb 1980 British
Show 4 resigned officers
Name Role Appointed Resigned
BLAND, Stanley Gordon Director 2016-10-19 2025-05-29
CAMPBELL, Donald Alasdair Director 2016-10-19 2020-04-30
LAING, David Kemlo Director 2022-09-22 2024-12-31
MATHIESON, Tiahna Director 2022-07-27 2023-01-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Carlton Equity Limited Corporate entity Shares 75–100%, Voting 50–75%, Appoints directors 2016-10-19 Active

Filing timeline

Last 20 of 58 total filings

Date Type Category Description
2026-03-25 MA incorporation memorandum articles
2026-03-25 RESOLUTIONS resolution resolution
2026-03-24 SH01 capital capital allotment shares
2025-12-15 SH06 capital capital cancellation shares
2025-12-12 AP01 officers appoint person director company with name date
2025-12-12 RESOLUTIONS resolution resolution
2025-12-12 SH03 capital capital return purchase own shares
2025-10-22 CS01 confirmation-statement confirmation statement with no updates
2025-09-12 AA accounts accounts with accounts type full
2025-06-09 AP01 officers appoint person director company with name date
2025-06-09 AP01 officers appoint person director company with name date
2025-06-09 TM01 officers termination director company with name termination date
2025-01-08 TM01 officers termination director company with name termination date
2024-10-25 CS01 confirmation-statement confirmation statement with no updates
2024-10-07 AP01 officers appoint person director company with name date
2024-09-18 AA accounts accounts with accounts type full
2024-01-22 AA accounts accounts with accounts type full
2023-11-02 CS01 confirmation-statement confirmation statement with updates
2023-07-28 MA incorporation memorandum articles
2023-07-28 SH10 capital capital variation of rights attached to shares

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires retained earnings proxy, book equity — not present in the latest extracted accounts.

Activity Score

Composite activity score · components 0–100 · reference 2026-05-10

77.4

WARM

/ 100

  • Filings velocity 100
  • Capital events 60
  • Officer churn 100
  • Headcount trajectory 61
  • Accounts trajectory 56
  • 12 filing(s) in last 12 months
  • 3 capital event(s) in last 24 months
  • 3 appointed, 1 resigned (12mo)
  • Employees +11% YoY
  • Total Assets Less Current Liabilities +6% YoY

Official Companies House page