SATIS ASSET MANAGEMENT LIMITED

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

  +13.5%

  £2,686,593 → £3,049,221

  highest in 3 filed years

• Cash

  +14.8%

  £1,300,028 → £1,492,396

• Net assets

  +5.1%

  £1,362,222 → £1,431,246

  highest in 3 filed years

• Employees

  -3.6%

  28 → 27

• Operating profit

  +66.3%

  £331,873 → £551,853

  highest in 3 filed years

• Profit before tax

  +64.1%

  £349,012 → £572,624

  highest in 3 filed years

• Wages

  +5.3%

  £942,051 → £991,690

  highest in 3 filed years

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Price Bailey LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. SATIS ASSET MANAGEMENT LIMITED · parent
   1. Satis Wealth Management Limited 100% · England & Wales
   2. Satis Trustees Limited 100% · England & Wales

Significant events

• “Turnover did not meet budget for the year but exceeded the previous year by 13.5% and resulted in a gross profit for the year up 22.6% from the previous year.”
• “We did not experience the growth we would have liked in the second half of the year as we experienced larger than usual client's withdrawals.”
• “While Satis continue to have a strong client base moving into and enjoying the retirement phase of their life. We have noted an increase in younger clients joining Satis. ... spent significant time this year working on our proposition for US clients and expect to see an increase in growth in this side of the business.”

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

Filings

4

last 12 months

Capital events

1

last 24 months

Officers appointed

0

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.