KIRKOSWALD CAPITAL MANAGEMENT LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -4.6%

  £18,178,964 → £17,345,444

• Cash

  +11.8%

  £4,058,459 → £4,536,892

• Net assets

  -15.2%

  £12,789,863 → £10,845,481

• Employees

  -20.6%

  68 → 54

• Operating profit

  +60.5%

  -£5,070,644 → -£2,000,449

• Profit before tax

  +161.8%

  -£4,579,502 → £2,830,231

• Wages

  -14.6%

  £13,124,019 → £11,214,024

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. KIRKOSWALD CAPITAL MANAGEMENT LIMITED 2025-10-31 → present
2. EMSO ASSET MANAGEMENT LIMITED 2015-12-04 → 2025-10-31
3. EMSO PARTNERS LIMITED 2003-11-13 → 2015-12-04
4. RIVERTITAN LIMITED 2003-09-30 → 2003-11-13

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“There is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and the Directors continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. KIRKOSWALD CAPITAL MANAGEMENT LIMITED · parent
   1. Emso Asset Management US LLC 100% · United States of America · provision of investment research and other support and administrative services

Significant events

• “On 16 September 2024, the Company's parent entered into an agreement to sell its holding in the Company, Emso Asset Management Limited and other fellow subsidiaries to Kirkoswald, a company registered in Cayman Islands, pending regulatory approval. Regulatory approval was received in the weeks preceding 1 January 2025 with the sale completed on that date. Consequently from 1 January 2025, the Company will be a wholly owned subsidiary of Kirkoswald.”
• “The investment in J.C. Flowers Asset Reconstruction Private Limited was not congruent with the ongoing activities of the Company and the wider group under Kirkoswald thus the sale of this minority investment was aimed at streamlining the assets of the Company giving directors greater focus on core activities.”

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

Filings

6

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.