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Cash

£132m

USD 175,022,000

-20.3% lowest in 3 filed years

Net assets

Equity attributable

Employees

Average over period

Profit before tax

£9.3m

USD 12,250,000

-29.2% vs 2025

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover
Operating profit £9,071,904£13,083,700£9,262,760 -29.2%
Profit before tax £9,071,904£13,083,700£9,262,760 -29.2%
Net profit £6,819,766£11,660,097£7,747,448 -33.6%
Cash £197,917,327£166,049,927£132,341,777 -20.3%
Total assets less current liabilities
Net assets £199,006,177£174,968,699
Equity £199,006,177£174,968,699
Average employees 00
Wages
Directors' remuneration £102,154£95,834
Directors' pension contributions £0
Highest paid director £35,635£34,779

Figures converted to GBP from USD at 0.756 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-312026-03-31
Gearing (liabilities / total assets) 26.2%22.7%
Current ratio 5.94x13.90x
Interest cover 3.21x7.91x11.50x

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.

Name history

Renamed 1 time since incorporation

  1. SMBC DERIVATIVE PRODUCTS LIMITED 2001-04-02 → present
  2. SBCM DERIVATIVE PRODUCTS LIMITED 1994-11-04 → 2001-04-02

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease their operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

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

People

8 active · 61 resigned

Name Role Appointed Born Nationality
HUGHES, James Richard Secretary 2025-09-17
COLEMAN, Thomas Sedgwick Director 2011-09-14 Feb 1955 American
DESAI, Mehul Mahendrakumar Director 2020-11-19 Aug 1963 British
GANATRA, Dipesh Director 2024-06-13 Feb 1973 British
GRAYSON, Matthew Maurice Murray Director 2025-03-05 Feb 1962 British
QUINN, Timothy F Director 2009-03-12 Sep 1953 American
SHARMA, Aarti Director 2024-03-07 Aug 1970 British
YATES, Antony Director 1995-07-05 Mar 1962 British
Show 61 resigned officers
Name Role Appointed Resigned
AVERY, Jonathan William Secretary 2014-09-18 2016-09-15
DAVE, Parul Secretary 2016-09-15 2021-12-17
MUSSACHIA, John James Secretary 1995-05-12 1997-08-22
PEARCE, Christopher Secretary 1995-04-18 1995-05-01
POPOOLA, Olaitan Secretary 2021-12-17 2024-12-12
RUSSELL, John Douglas Secretary 1997-09-10 1999-10-01
WARREN, Siobhan Claire Secretary 2024-12-12 2025-09-17
YATES, Antony Secretary 1999-10-01 2014-09-19
LEGIBUS SECRETARIES LIMITED Corporate Secretary 1994-11-04 1995-04-18
AKIYAMA, Mitsuhiro Director 2009-06-11 2012-04-27
BRENNAN, Joseph L Director 1995-07-05 2002-03-04
COLES, Michael Herbert Director 1995-04-18 2009-03-12
COPENHAVER, John Harrison Director 1995-04-18 1995-07-05
FUJISAWA, Tetsufumi Director 2004-06-08 2007-03-30
FUKUSHIMA, Sumio Director 1998-06-10 1999-03-11
FURUSE, Yoichiro Director 1995-07-05 1996-09-25
HAYASHI, Taro Director 2012-09-20 2014-04-23
HAYASHI, Yuji Director 2014-11-20 2016-05-26
HIGASHI, Shuntaro Director 2004-06-08 2006-04-25
HOSOMI, Kenichi Director 2012-09-20 2015-08-11
HOTTA, Kensuke Director 1995-04-18 1997-06-17
ISHII, Yukio Director 2022-04-06 2024-03-07
ISONO, Tsuyoshi Director 2007-06-07 2009-04-30
IWAMI, Hiroyuki Director 2010-09-16 2014-09-04
KASHIMA, Toshiyuki Director 1997-05-23 1999-03-11
KASHIMA, Toshiyuki Director 1995-04-18 1995-07-05
KAWAMOTO, Naoyuki Director 1995-04-18 2004-04-05
KIMOTO, Yasuyuki Director 2002-12-04 2004-04-30
KITA, Kenji Director 1995-04-18 1997-05-23
KONDOH, Akira Director 1997-06-17 1999-04-02
KONISHI, Atsuo Director 1995-04-18 1998-06-10
KOSSOFF, Daniel Jechiel Director 1994-11-04 1995-04-18
MAEDA, Hiroshi Director 1995-07-05 2003-01-10
MCCORMICK, Roger Stephen Director 2006-12-07 2024-12-13
MIYAGAKI, Naoya Director 2012-11-06 2014-09-02
MIZOGUCHI, Jun Director 2006-06-08 2010-07-05
MOORE, Augustus Director 2008-09-18 2019-11-12
MOROOKA, Kenichi Director 1999-03-11 2006-06-08
MUSSACHIA, John James Director 1995-07-05 1997-08-22
NAMIKAWA, Katsuhiko Director 2003-03-04 2005-12-09
OIWA, Hisato Director 2014-10-02 2016-12-05
OKADA, Natsuo Director 1999-03-11 2000-12-14
OKUBO, Naoki Director 2017-08-03 2020-03-31
OKUYAMA, Shunichi Director 1996-09-25 1999-05-21
PEARCE, Christopher Director 1995-04-18 1995-05-01
PIGOTT, Hugh Sefton Director 1995-12-07 2006-12-07
RICHARDS, Martin Edgar Director 1994-11-04 1995-04-18
SAGAN, John Director 1995-04-18 1999-12-23
SATO, Ryoji Director 2014-11-03 2019-11-12
SERIZAWA, Mitsugu Director 2009-04-14 2009-10-28
SERIZAWA, Mitsugu Director 2005-12-12 2009-04-01
SUGIYAMA, Shinji Director 2001-06-14 2002-10-24
SUZUKI, Ryo Director 2009-06-11 2012-09-20
SWANTON, Glenn Paul Director 2020-04-03 2024-06-13
TAKAHASHI, Kenichi Director 2009-06-11 2012-04-27
THOMAS, John David Director 2015-08-11 2020-04-30
TONOIKE, Tetsuya Director 2006-06-22 2009-03-27
TSUKUDA, Takayuki Director 1999-05-21 2001-04-24
VOJTA, George John Director 2000-06-22 2010-12-22
YAZAWA, Takahiro Director 2016-11-15 2022-04-06
ZEROF, Eric Phelan Director 2002-06-18 2008-09-02

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Smbc Nikko Capital Markets Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 252 total filings

Date Type Category Description
2026-08-07 AA accounts Accounts with accounts type full
2026-06-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-06-17 CH01 officers Change person director company with change date PDF
2025-09-18 AP03 officers Appoint person secretary company with name date PDF
2025-09-18 TM02 officers Termination secretary company with name termination date PDF
2025-07-30 AA accounts Accounts with accounts type full
2025-07-15 CH01 officers Change person director company with change date PDF
2025-06-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-05 AP01 officers Appoint person director company with name date PDF
2024-12-23 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-12-20 ANNOTATION miscellaneous Legacy
2024-12-16 TM01 officers Termination director company with name termination date PDF
2024-12-12 AP03 officers Appoint person secretary company with name date PDF
2024-12-12 TM02 officers Termination secretary company with name termination date PDF
2024-11-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-22 AA accounts Accounts with accounts type full
2024-06-17 AP01 officers Appoint person director company with name date PDF
2024-06-17 TM01 officers Termination director company with name termination date PDF
2024-03-07 AP01 officers Appoint person director company with name date PDF
2024-03-07 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page