EDGE BROKERS (LONDON) LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a non-going concern basis. The Company is in the process of winding up its activities and it is the intention of the directors to wind up and liquidate the Company within one financial year of the date of signing these financial statements. As a result, the directors do not consider that it is appropriate to prepare 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

  -73.1%

  £826,727 → £222,573

• Cash

  -20.6%

  £9,180,279 → £7,293,116

• Net assets

  -70.2%

  £3,399,397 → £1,014,066

• Employees

  —

  Not reported

• Operating profit

  +110.4%

  -£721,596 → £75,377

• Profit before tax

  +108.3%

  -£635,484 → £52,834

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. EDGE BROKERS (LONDON) LIMITED 2012-11-19 → present
2. LSR HOLDINGS LIMITED 1999-06-03 → 2012-11-19
3. MINMAR (450) LIMITED 1999-02-26 → 1999-06-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a non-going concern basis. The Company is in the process of winding up its activities and it is the intention of the directors to wind up and liquidate the Company within one financial year of the date of signing these financial statements. As a result, the directors do not consider that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “The Company's book of business was transferred to Lockton Companies LLP, a related entity, on 1 July 2023 and the Company's previously recorded business is in run off.”
• “The Company's associates were transferred to LIGS Limited, an associated group company, on 1 July 2023.”
• “The Company is currently in the process of reconciling and settling all broking and other balances with the intention of fully winding up as a legal entity within one year of the date of signing these financial statements.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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