PICTET ASSET MANAGEMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-04 (in 4mo)
Last made up 2025-08-21
Watchouts
None on the register
Cash
£103M
-17.8% vs 2023
Net assets
£94M
-22% vs 2023
Employees
351
-1.4% vs 2023
Profit before tax
-£24M
-457.9% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £172,694,773 | £163,133,137 | |
| Operating profit | -£40,932,737 | -£46,438,825 | |
| Profit before tax | -£4,357,155 | -£24,309,292 | |
| Net profit | -£4,130,612 | -£26,553,832 | |
| Cash | £125,564,606 | £103,172,548 | |
| Total assets less current liabilities | £145,917,423 | £115,165,406 | |
| Net assets | £120,398,610 | £93,914,147 | |
| Equity | £120,398,610 | £93,914,147 | |
| Average employees | 356 | 351 | |
| Wages | £98,839,931 | £94,244,201 | |
| Directors' remuneration | £6,895,381 | £4,647,042 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-5.5%
£172,694,773 £163,133,137
-
Cash
-17.8%
£125,564,606 £103,172,548
-
Net assets
-22%
£120,398,610 £93,914,147
-
Employees
-1.4%
356 351
-
Operating profit
-13.5%
-£40,932,737 -£46,438,825
-
Profit before tax
-457.9%
-£4,357,155 -£24,309,292
-
Wages
-4.6%
£98,839,931 £94,244,201
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -23.7% | -28.5% | |
| Net margin | -2.4% | -16.3% | |
| Return on capital employed | -28.1% | -40.3% | |
| Current ratio | 2.43x | 1.87x |
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.
Name history
Renamed 2 times since incorporation
- PICTET ASSET MANAGEMENT LIMITED 2006-01-04 → present
- PICTET INTERNATIONAL MANAGEMENT LIMITED 1996-12-31 → 2006-01-04
- PICTET INTERNATIONAL MANAGEMENT (SEC) LIMITED 1995-08-21 → 1996-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers CI LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PICTET ASSET MANAGEMENT LIMITED · parent
- Pictet Asset Management (Europe) SA 19.5%
Significant events
- “On 31 December 2024, the Company's wholly owned subsidiary PAM USA was sold to another entity in the Pictet Group. From the date of the sale, the PAM Ltd consolidated group ceased and the operations of the Company have been disclosed as continuing operations, whereas PAM USA has been disclosed as discontinued operations.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LALA, Nian | Secretary | 2017-04-04 | — | — |
| QUINN, Niall Michael | Director | 2018-05-02 | Oct 1971 | Irish |
| SAGAYAM, Raymond | Director | 2022-04-21 | Jul 1976 | British |
| WIGLEY, Mary-Therese | Director | 2023-07-01 | Oct 1979 | English |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAWTHROW, David Robert | Secretary | 2010-06-30 | 2017-04-04 |
| SHARPE, Gavin Seton | Secretary | 1995-11-07 | 2010-06-30 |
| K.R.B. (SECRETARIES) LIMITED | Corporate Secretary | 1995-08-21 | 1995-11-07 |
| BADER, Derick | Director | 2015-02-03 | 2017-03-31 |
| BANZ, Rolf | Director | 2011-02-14 | 2011-12-31 |
| BANZ, Rolf | Director | 2000-05-10 | 2007-05-04 |
| BARBER, Stephen Douglas | Director | 1995-11-07 | 2002-11-27 |
| BRIOL, Marc Adrien | Director | 2007-05-01 | 2008-12-18 |
| BURNHAM, Nigel John | Director | 2010-07-01 | 2017-03-31 |
| CORNET, Vincent Henri Michel | Director | 2007-05-01 | 2007-12-28 |
| DE PLANTA, Renaud Fernand | Director | 2002-09-04 | 2017-03-31 |
| DE WECK, Philippe Thomas Pierre | Director | 2011-05-01 | 2017-03-31 |
| EISINGER, Sebastien Augsute Joseph | Director | 2019-04-17 | 2023-07-01 |
| EISINGER, Sebastien Auguste Joseph | Director | 2007-08-24 | 2017-03-31 |
| GINGUENE, Olivier Yannick Auguste | Director | 2007-05-01 | 2015-09-01 |
| HEARN, Rhoderick John | Director | 1995-11-07 | 2007-05-03 |
| HEELIS, Richard James | Director | 2008-04-18 | 2024-01-01 |
| JAFFRAY, Scott John | Director | 2001-12-01 | 2002-08-09 |
| JOHNSON, Nicholas Anthony Donatus | Director | 1995-11-07 | 2009-04-30 |
| LANTER, Christoph | Director | 2007-01-15 | 2011-02-16 |
| MARTIN, Paul David John | Director | 2001-12-01 | 2005-03-21 |
| MUSTOE, Nicholas Charles William | Director | 2006-09-12 | 2008-03-27 |
| PICTET, Fabien | Director | 1995-11-07 | 1997-08-31 |
| PICTET, Ivan Aymon | Director | 1995-11-07 | 2001-11-27 |
| QUINN, Niall Michael | Director | 2016-05-12 | 2017-03-31 |
| RAMSEY, Laurent Anastase Ramzy | Director | 2015-02-26 | 2019-04-18 |
| ROTH, Jurg | Director | 1995-11-07 | 2001-10-17 |
| SAMPLE, John Alexander | Director | 2009-04-15 | 2017-03-31 |
| SHARPE, Gavin Seton | Director | 2001-12-01 | 2011-02-16 |
| STANION, Percival Dean | Director | 2015-02-03 | 2018-03-29 |
| WILD, Philip Richard | Director | 1995-08-21 | 1995-11-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pictet (London) Limited | Corporate entity | Shares 25–50% | 2016-07-01 | Ceased 2021-11-01 |
Filing timeline
Last 20 of 172 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-21 | SH01 | capital | Capital allotment shares | |
| 2025-09-25 | AA | accounts | Accounts with accounts type group | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-23 | CH01 | officers | Change person director company with change date | |
| 2024-11-27 | AUD | auditors | Auditors resignation company | |
| 2024-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-07 | AA | accounts | Accounts with accounts type group | |
| 2024-01-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-05 | AA | accounts | Accounts with accounts type group | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-13 | AA | accounts | Accounts with accounts type group | |
| 2022-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-11 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2021-11-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-10-20 | AA | accounts | Accounts with accounts type group | |
| 2021-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.