FOSTER DENOVO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-01 (in 6mo)
Last made up 2025-10-18
Watchouts
None on the register
Cash
£2M
-43.7% vs 2023
Net assets
£48M
+31.4% vs 2023
Employees
321
+32.6% vs 2023
Profit before tax
-£103K
-128% 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 | £25,968,000 | £39,262,000 | |
| Operating profit | £387,000 | £742,000 | |
| Profit before tax | £368,000 | -£103,000 | |
| Net profit | -£591,000 | -£1,643,000 | |
| Cash | £4,082,000 | £2,297,000 | |
| Total assets less current liabilities | £36,799,000 | £47,887,000 | |
| Net assets | £36,178,000 | £47,535,000 | |
| Equity | £36,178,000 | £47,535,000 | |
| Average employees | 242 | 321 | |
| Wages | £10,508,000 | £16,929,000 | |
| Directors' remuneration | £669,000 | £763,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+51.2%
£25,968,000 £39,262,000
-
Cash
-43.7%
£4,082,000 £2,297,000
-
Net assets
+31.4%
£36,178,000 £47,535,000
-
Employees
+32.6%
242 321
-
Operating profit
+91.7%
£387,000 £742,000
-
Profit before tax
-128%
£368,000 -£103,000
-
Wages
+61.1%
£10,508,000 £16,929,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.5% | 1.9% | |
| Net margin | -2.3% | -4.2% | |
| Return on capital employed | 1.1% | 1.5% | |
| Gearing (liabilities / total assets) | 6.8% | 18.8% | |
| Current ratio | 4.12x | 1.51x | |
| Interest cover | 5.38x | 0.84x |
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
- FOSTER DENOVO LIMITED 2007-08-07 → present
- FD HOLDINGS LTD 2006-10-18 → 2007-08-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors of the Company, as at the date of this report, consider that sufficient resources are available to operate as a fully operational business for the period of at least twelve months following the date of signature of this report, and have therefore determined that the preparation of the financial statements on a going concern basis is appropriate. Sufficient funding is available to the Company should adverse conditions arise or prevail during that period.”
Significant events
- “During 2024, the Group acquired three regional private wealth businesses, with the acquisitions of Rosemount Asset Management Limited, 80Twenty Consultancy Limited and Brian Mole Independent Financial Advisers Limited.”
- “In addition, the Company acquired the employee benefits business of Punter Southall Aspire and completed a further PBO of a previously self-employed advisor's practice.”
- “During 2024, a further 6 advisors joined the business through recruitment.”
- “On 1 January 2024, Foster Denovo Group Limited paid £13,000,000 for the subscription of 13,000,000 ordinary shares in the Company at par value of £1 each.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRETTELL, Jeremy Macduff | Director | 2024-08-01 | Jul 1961 | British |
| BROSCH, Roger Nicholas | Director | 2007-01-26 | Jul 1962 | British |
| CURRIE, David Scott | Director | 2017-10-03 | Aug 1969 | British |
| LOVETT, Helen Marie | Director | 2014-01-30 | Aug 1967 | British |
| PITMAN, Aimee Joan Geraldine | Director | 2025-02-01 | May 1966 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNNE, Paul Anthony | Secretary | 2007-01-26 | 2018-01-30 |
| HORTON, Richard Paul | Secretary | 2018-09-01 | 2020-03-31 |
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2006-10-18 | 2006-10-19 |
| BUTCHER, Craig Nicholas | Director | 2007-06-27 | 2009-02-01 |
| CARBY, Keith Arthur | Director | 2007-01-26 | 2017-09-28 |
| CLEARY, Michael Anthony | Director | 2007-10-03 | 2009-11-23 |
| DAVIES, Philip James | Director | 2020-07-01 | 2025-03-31 |
| DUNNE, Paul Anthony | Director | 2010-01-01 | 2018-01-30 |
| HORTON, Richard Paul | Director | 2018-09-06 | 2020-03-31 |
| IRVINE, Jacqui | Director | 2023-03-01 | 2024-10-31 |
| JORDACHE, Andre Robert | Director | 2007-06-27 | 2022-01-31 |
| O'LEARY, Paul | Director | 2025-02-26 | 2025-10-10 |
| PAUL, Rosemarie | Director | 2023-03-01 | 2024-03-08 |
| SOPER, Akenyon James Scott | Director | 2009-12-16 | 2013-06-27 |
| TAYLOR, Alan | Director | 2009-05-07 | 2023-02-28 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2006-10-18 | 2006-10-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Foster Denovo Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 117 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-29 | SH01 | capital | Capital allotment shares | |
| 2023-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-13 | AA | accounts | Accounts with accounts type full | |
| 2022-10-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-26 | AD02 | address | Change sail address company with old address new address |
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.