BEST PRACTICE IFA GROUP LIMITED

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

  +26.9%

  £85,263,000 → £108,235,000

• Cash

  -0.1%

  £2,177,000 → £2,175,000

• Net assets

  +47.9%

  £5,665,000 → £8,381,000

• Employees

  —

  Not reported

• Operating profit

  -161.1%

  -£193,000 → -£504,000

• Profit before tax

  -285.7%

  £56,000 → -£104,000

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. BEST PRACTICE IFA GROUP LIMITED 2003-07-29 → present
2. IAN COOKE & PARTNERS LIMITED 2002-07-19 → 2003-07-29

Accounting basis

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “As one of the largest operators of a network for financial advisers, we have been engaging with the FCA on their industry review of the provision of ongoing services provided by financial advisers. The current known impact of this matter has been adjusted for in the results for the current year and proceeding years.”
• “The Board elected not to approve the payment of a dividend by the Company to its parent, instead retaining profits.”

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

Filings

7

last 12 months

Capital events

1

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.