EMBARK INVESTMENTS LIMITED

• ⚠

  Material uncertainty over going concern

  Following the Company retiring as authorised corporate director and closure of the Adviser Centre business, the process to wind up the Company is underway. As the Directors intend to liquidate the Company following the settlement of the remaining net assets, they have prepared the financial statements on a basis other than going concern. The effect of this is explained in the accounting policies, note 1.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -81.3%

  £4,952,000 → £928,000

• Cash

  -64%

  £2,636,000 → £949,000

• Net assets

  -50%

  £2,374,000 → £1,187,000

• Employees

  —

  Not reported

• Operating profit

  +16.2%

  -£1,891,000 → -£1,585,000

• Profit before tax

  +16.2%

  -£1,891,000 → -£1,585,000

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

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.

1. EMBARK INVESTMENTS LIMITED 2020-04-30 → present
2. ZURICH INVESTMENT SERVICES (UK) LIMITED 2014-05-30 → 2020-04-30
3. GENERAL SURETY & GUARANTEE CO LIMITED 1997-07-11 → 2014-05-30
4. HALLCO 153 LIMITED 1997-06-09 → 1997-07-11

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Following the Company retiring as authorised corporate director and closure of the Adviser Centre business, the process to wind up the Company is underway. As the Directors intend to liquidate the Company following the settlement of the remaining net assets, they have prepared the financial statements on a basis other than going concern. The effect of this is explained in the accounting policies, note 1.”

Significant events

• “In February 2025, the Company retired as ACD of the Horizon Funds and this responsibility was transferred to Scottish Widows Unit Trust Managers Limited, a fellow subsidiary of Scottish Widows Group Limited. The Adviser Centre business closed in October 2025. The process to conduct an orderly wind down of the Company is now underway.”
• “As part of the orderly wind-down, the FCA approved the de-authorisation of the Company on 6 March 2026.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

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