NORTHERN TRUST MANAGEMENT SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-15 (in 9mo)
Last made up 2026-02-01
Watchouts
None on the register
Cash
£360M
USD 481,660,000
+21.8% vs 2023
Net assets
£359M
USD 480,636,000
+10.1% vs 2023
Employees
1,525
+1.1% vs 2023
Profit before tax
£47M
USD 62,331,000
+4.2% 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 | £337,722,210 | £364,479,330 | |
| Operating profit | £35,352,471 | £32,960,305 | |
| Profit before tax | £44,730,508 | £46,595,649 | |
| Net profit | £33,723,555 | £32,656,799 | |
| Cash | £295,681,393 | £360,065,785 | |
| Total assets less current liabilities | £386,390,073 | £420,465,725 | |
| Net assets | £326,433,431 | £359,300,292 | |
| Equity | £326,433,431 | £359,300,292 | |
| Average employees | 1,509 | 1,525 | |
| Wages | £165,048,965 | £176,661,434 | |
| Directors' remuneration | £42,610 | £43,358 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — 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
+7.9%
£337,722,210 £364,479,330
-
Cash
+21.8%
£295,681,393 £360,065,785
-
Net assets
+10.1%
£326,433,431 £359,300,292
-
Employees
+1.1%
1,509 1,525
-
Operating profit
-6.8%
£35,352,471 £32,960,305
-
Profit before tax
+4.2%
£44,730,508 £46,595,649
-
Wages
+7%
£165,048,965 £176,661,434
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 | 10.5% | 9.0% | |
| Net margin | 10.0% | 9.0% | |
| Return on capital employed | 9.1% | 7.8% | |
| Current ratio | 6.14x | 3.68x | |
| Interest cover | 20.52x | 17.61x |
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
- NORTHERN TRUST MANAGEMENT SERVICES LIMITED 2003-10-06 → present
- TRIMDRIVE LIMITED 2003-06-11 → 2003-10-06
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- NORTHERN TRUST MANAGEMENT SERVICES LIMITED · parent
- Northern Trust Global Investments Limited 1%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIE, John Ronald | Director | 2014-09-25 | Aug 1971 | British |
| LACEY, Mark David | Director | 2014-09-25 | Aug 1973 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOI, Simona | Secretary | 2022-11-02 | 2022-12-01 |
| JOSEPHSON, Craig Axel | Secretary | 2003-10-01 | 2005-03-31 |
| LEWIS, Andrew Martin | Secretary | 2005-03-31 | 2006-12-01 |
| MPUNZI, Nongqause | Secretary | 2022-11-02 | 2025-06-30 |
| WRIGHT, Matthew | Secretary | 2006-12-01 | 2022-11-02 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Secretary | 2003-06-11 | 2003-10-01 |
| GOSSETT, Mark Carlton | Director | 2003-10-01 | 2005-03-31 |
| HARDS, Susan Gillian | Director | 2012-07-26 | 2014-09-25 |
| HARRISON, Allan Joeseph | Director | 2015-09-15 | 2016-05-11 |
| HOLMAN, Peter David | Director | 2010-06-14 | 2015-01-30 |
| KARPINSKI, Jane Bronwyn | Director | 2006-09-29 | 2013-06-27 |
| LAYTON, Matthew Robert | Director | 2003-06-11 | 2003-10-01 |
| LEECH, Wilson | Director | 2012-07-26 | 2014-09-25 |
| LEECH, Wilson | Director | 2005-02-17 | 2006-09-29 |
| PARKER, Teresa Ann | Director | 2007-06-04 | 2009-08-07 |
| POTTER, Stephen Niles | Director | 2003-10-01 | 2007-06-04 |
| PUDGE, David John | Director | 2003-06-11 | 2003-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Northern Trust Corporation | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 105 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-11-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-11-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-11-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-10-04 | AA | accounts | Accounts with accounts type full | |
| 2022-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-27 | AA | accounts | Accounts with accounts type full | |
| 2021-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-06 | AA | accounts | Accounts with accounts type full | |
| 2020-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-21 | AA | accounts | Accounts with accounts type full | |
| 2019-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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.