FINALTO FINANCIAL SERVICES LIMITED

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

  +7%

  £45,992,412 → £49,224,055

• Cash

  -7.2%

  £186,874,598 → £173,350,011

• Net assets

  +19.3%

  £39,644,994 → £47,297,229

  highest in 3 filed years

• Employees

  -12.3%

  73 → 64

• Operating profit

  -42.1%

  £16,116,231 → £9,334,656

• Profit before tax

  -46%

  £16,098,240 → £8,691,480

• Wages

  +81.5%

  £4,202,166 → £7,625,211

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. FINALTO FINANCIAL SERVICES LIMITED 2021-02-02 → present
2. CFH CLEARING LIMITED 2013-04-23 → 2021-02-02
3. CFH MARKETS LIMITED 2008-04-07 → 2013-04-23

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the Company's ability to continue as a going concern and, having reviewed profit and cash flow forecasts, trading subsequent to the year-end and other appropriate enquiries, management are satisfied that the Company has sufficient resources to continue operating for the foreseeable future, and a period in excess of 12 months from the date of this report. As part of the ICARA process, the 2025 business plan is subject to a number of stress tests based on market and other risks that will likely affect capital and liquidity of the business. The results of the stress tests show the business is well capitalised and has adequate liquidity to continue operating as a going concern. The Company has managed the uncertainty around continuing global events, such as the Russia/Ukraine conflict, conflict in Middle East and the global cost of living crisis, and the global cost of living crisis, and the Directors are confident this will continue to be managed sufficiently. Accordingly, these financial statements have been prepared on a going concern basis.”

Significant events

• “The Company successfully concluded the migration of all remaining and existing clients from its sister company, Finalto Trading Limited ("FT"). This also contributed towards the improved revenue performance year over year and enables all clients to access the same Company's award-winning technology, liquidity and risk management tools.”
• “During the year, the Company also entered in to an agreement with Finalto Trading Limited ("FT"), a fellow group company, to purchase a number of assets and a majority of FT's business, including transferring client and supplier relationships, relevant balances owed and owing, the lease for the UK offices, business records and all other assets and liabilities related to the business. The consideration for the acquisition was $216,550, which represented the carrying value at the time of the transfer.”

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

Filings

11

last 12 months

Capital events

1

last 24 months

Officers appointed

4

last 12 months

Officers resigned

1

last 12 months

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