EVELYN PARTNERS SERVICES LIMITED

• ◆

  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

  +11.7%

  £406,293,000 → £453,997,000

  highest in 3 filed years

• Cash

  +256.5%

  £1,033,000 → £3,683,000

• Net assets

  +16.9%

  £42,362,000 → £49,534,000

• Employees

  —

  Not reported

• Operating profit

  +10%

  £21,834,000 → £24,027,000

  highest in 3 filed years

• Profit before tax

  -7.4%

  £15,976,000 → £14,794,000

• Wages

  +8.8%

  £175,165,000 → £190,517,000

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. EVELYN PARTNERS SERVICES LIMITED 2022-06-14 → present
2. TS&W SERVICES LIMITED 2020-11-02 → 2022-06-14
3. TILNEY SERVICES LIMITED 2017-01-27 → 2020-11-02
4. TOWRY SERVICES LIMITED 2010-05-07 → 2017-01-27
5. TOWRY LAW SERVICES LIMITED 2006-05-17 → 2010-05-07
6. JS&P SERVICES LIMITED 2005-10-14 → 2006-05-17
7. JOHN SCOTT & PARTNERS SERVICES LTD 2004-09-02 → 2005-10-14
8. JOHN SCOTT AND PARTNERS SERVICES LTD 2004-07-02 → 2004-09-02

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are required to satisfy themselves that it is reasonable to presume that the Company is a going concern. After reviewing the Company's performance projections for the period of at least 12 months from the date of issue of the financial statements, the Directors are satisfied that the Company has adequate access to resources to enable the Company to meet its obligations and continue in operational existence for the foreseeable future. The Company is expected to remain the services company for the Evelyn Partners Group, and to continue to incur costs on behalf of other group undertakings, and to recharge those costs at an agreed markup. Therefore, whilst revenue may reduce in 2025 due to the sale of the Evelyn Partners Professional Services business, the Company is expected to remain profitable. The Directors have considered the net current liability position of the Company, which has reduced slightly in the year. This position arises because the Company incurs the costs of capital expenditure upfront, but recovers this through recharges to other Group entities over the useful life of the asset, as amortisation or depreciation charges are recognised. The Directors consider that the cash flows generated from services provided to other group entities will allow the Company to settle its liabilities as they fall due. Accordingly, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “In May 2023, the Tilney Scheme was transferred to the Company from Evelyn Partners Securities, another subsidiary of the Group. This was not reflected in the prior year. As a result prior year comparatives have been restated to include the Tilney pension scheme.”
• “In December 2023, the NCL Scheme completed a whole scheme buy-in, whereby an insurance policy was bought to cover all future liabilities to all members of the scheme.”
• “During the year, the holding structure of parent undertakings was simplified through the amalgamation of Symmetry Topco Guernsey Limited and Violin Topco Guernsey Limited, along with a share capital reorganisation and cash redemption of certain preference shares.”

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

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.