SANLAM SECURITIES UK LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-15.

• ⚠

  Material uncertainty over going concern

  Subject to the regulator's permission to deregulate, the directors' current intention is to liquidate the Company within 12 months of these financial statements being approved. The Company's holding company will bear all costs associated with it's liquidation. Accordingly, the directors have not prepared the financial statements on a going concern basis.

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

• Turnover

  -100%

  £25,096 → £0

• Cash

  -17%

  £7,648,326 → £6,350,202

• Net assets

  +2.6%

  £7,418,667 → £7,610,795

• Employees

  -66.7%

  3 → 1

• Operating profit

  +87%

  -£921,086 → -£120,155

• Profit before tax

  +127.8%

  -£704,892 → £196,243

• Wages

  +63.7%

  £261,814 → £428,697

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. SANLAM SECURITIES UK LIMITED 2013-03-18 → present
2. MERCHANT SECURITIES LIMITED 2010-07-09 → 2013-03-18
3. MERCHANT JOHN EAST SECURITIES LIMITED 2009-10-14 → 2010-07-09
4. JOHN EAST & PARTNERS LIMITED 1992-01-21 → 2009-10-14
5. GUIDEHOUSE SECURITIES LIMITED 1984-06-18 → 1992-01-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Subject to the regulator's permission to deregulate, the directors' current intention is to liquidate the Company within 12 months of these financial statements being approved. The Company's holding company will bear all costs associated with it's liquidation. Accordingly, the directors have not prepared the financial statements on a going concern basis.”

Group structure

1. SANLAM SECURITIES UK LIMITED · parent
   1. Principal Nominees Limited 100% · England & Wales

Significant events

• “The profit for the financial year amounted to £192,128 (2023: loss for the year of £732,437). The profit for the financial year is a result of the reduction in operational expenses following the cessation of the TSA agreement with CASLP.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.