BEST PRACTICE IFA GROUP LIMITED
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Cash
£2.6m
+21.7% highest in 3 filed years
Net assets
£9m
+7.5% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£843k
+910.6% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £85,263,000 | £108,235,000 | £125,181,000 | +15.7% | |
| Operating profit | -£193,000 | -£504,000 | £487,000 | +196.6% | |
| Profit before tax | £56,000 | -£104,000 | £843,000 | +910.6% | |
| Net profit | £42,000 | — | £630,000 | — | |
| Cash | £2,177,000 | £2,175,000 | £2,646,000 | +21.7% | |
| Total assets less current liabilities | — | £8,468,000 | £9,011,000 | +6.4% | |
| Net assets | £5,665,000 | £8,381,000 | £9,011,000 | +7.5% | |
| Equity | £5,665,000 | £8,381,000 | £9,011,000 | +7.5% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £305,000 | £324,000 | £218,000 | -32.7% | |
| Directors' pension contributions | £24,000 | £29,000 | £4,000 | -86.2% | |
| Highest paid director | £218,000 | £247,000 | £133,000 | -46.2% |
Values shown as filed in the company's annual accounts. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.2% | -0.5% | 0.4% | |
| Net margin | 0.0% | — | 0.5% | |
| Return on capital employed | — | -6.0% | 5.4% | |
| Gearing (liabilities / total assets) | 79.3% | 94.0% | 74.6% | |
| Current ratio | 1.10x | 1.05x | — | |
| Interest cover | -1.77x | — | — |
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 1 time since incorporation
- BEST PRACTICE IFA GROUP LIMITED 2003-07-29 → present
- IAN COOKE & PARTNERS LIMITED 2002-07-19 → 2003-07-29
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Taking all the above factors into consideration, including the nature of the Company and its business, the Directors are satisfied that, at the time of approving the financial statements, there is a reasonable expectation that the Company has adequate resources to continue in operational existence”
Significant events
- “On the 12th February 2026, the Board of Schroders plc, the ultimate parent undertaking of the Company, reached a preliminary agreement with Pantheon LLC, a wholly-owned subsidiary of Nuveen, LLC, on the financial terms of a possible offer to acquire the entire issued and to be issued ordinary share capital of Schroders plc”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DYMOTT, Edward | Director | 2022-03-08 | Jan 1979 | British |
| FITZGERALD, Helen Louise | Director | 2025-04-10 | Jun 1981 | British |
| HALL, Peter Lindop | Director | 2025-04-16 | Jan 1964 | British |
| SEJPAL, Karan Jitendra | Director | 2026-01-07 | Apr 1980 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARIAS, Michael | Secretary | 2002-07-19 | 2007-06-14 |
| UPTON, Nicholas | Secretary | 2007-06-14 | 2010-02-17 |
| SCHRODER CORPORATE SERVICES LIMITED | Corporate Secretary | 2024-11-29 | 2026-09-23 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-07-19 | 2002-07-19 |
| ARIAS, Michael Andrew | Director | 2010-05-26 | 2022-03-16 |
| COOKE, Ian Robert | Director | 2002-07-19 | 2022-03-08 |
| FITZSIMONS, Craig | Director | 2021-09-17 | 2025-01-27 |
| FRENCH, Joanne Marie Gilroy | Director | 2021-09-08 | 2022-01-31 |
| HEPBURN, Gillian Margaret | Director | 2024-03-26 | 2025-09-30 |
| LASENBY, James John | Director | 2007-06-25 | 2025-02-13 |
| WHITE, David Jason | Director | 2020-12-09 | 2023-12-19 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2002-07-19 | 2002-07-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Benchmark Capital Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm), Significant influence (as firm) | 2016-04-06 | Active |
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-11 RESOLUTIONS Resolution
- 2026-04-11 MA Memorandum articles
- 2024-12-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-09-01 | AA | accounts | Accounts with accounts type full | |
| 2026-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-11 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-11 | MA | incorporation | Memorandum articles | |
| 2026-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-19 | SH01 | capital | Capital allotment shares | |
| 2024-12-13 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-11 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
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.