IM ASSET MANAGEMENT LIMITED

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +6.7%

  £9,869,585 → £10,528,301

• Cash

  +32.5%

  £6,526,478 → £8,650,356

• Net assets

  +11%

  £13,597,065 → £15,094,939

• Employees

  +5.4%

  74 → 78

• Operating profit

  -52.4%

  £2,359,459 → £1,123,463

• Profit before tax

  -37.6%

  £3,482,635 → £2,172,604

• Wages

  +24.8%

  £4,679,004 → £5,839,290

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. IM ASSET MANAGEMENT LIMITED 2004-07-14 → present
2. IMCO (62004) LIMITED 2004-01-15 → 2004-07-14

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements. In arriving at the above assessment, the directors have analysed cash flow forecasts covering the period up to 31 October 2026 and have modelled a stressed scenario where the value of assets managed reduces by 20% (compared to the 14% seen during Covid-19) and no new business is secured during the same period. The model demonstrates that the business can continue as a going concern over this period, whilst noting that it reflects a scenario more severe than seen during Covid-19.”

Group structure

1. IM ASSET MANAGEMENT LIMITED · parent
   1. IM Asset Management Nominees Limited 100% · England · Dormant
   2. IM Asset Management Nominees Number Two Limited 100% · England · Dormant
   3. TWP Wealth Limited 100% · England · Financial advisers

Significant events

• “During the final quarter of 2024, Irwin Mitchell Holdings Limited's decided to divest IM Asset Management Limited from the Irwin Mitchell group. The sale completed on 30 May 2025 to Canary Bidco (Guernsey) Limited, which subsequently completed a share for share exchange to transfer 100% ownership to Shackleton Advisers Limited on 28 July 2025.”
• “On 7 May 2025 the company signed a variation of the asset purchase agreement with the former owners of Andrews Gwynne LLP, the result of which will be to increase goodwill and deferred consideration due over 1 year by £134,650.”

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

Filings

19

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

6

last 12 months

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