ATC BROKERS 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

  +126.2%

  £5,599,530 → £12,666,537

• Cash

  -50%

  £17,661,546 → £8,825,459

  lowest in 3 filed years

• Net assets

  +59.7%

  £2,409,900 → £3,849,627

• Employees

  +16.7%

  6 → 7

• Operating profit

  +93.8%

  £966,817 → £1,874,152

• Profit before tax

  +96.7%

  £976,465 → £1,920,589

• Wages

  +24.9%

  £222,187 → £277,585

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

Ecovis Wingrave Yeats LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are committed to ensuring that the Company can meet its liabilities as and when they fall due for a period of at least 12 months from the date of approval of these financial statements. One of the main shareholders, Mr J Manoukian, has provided the Company with a letter of support, covering a period of 12 months from the date of approval of these financial statements. On the basis of the forecasts and the confirmation of support provided, the directors consider that it is therefore appropriate for the financial statements to be prepared on a going concern basis.”

Significant events

• “On 15 April 2019, the Commodity Futures Trading Commission filed a complaint against various defendants, including Oasis International Group, Limited ("Oasis"). The complainant alleges that a scheme to solicit and misappropriate money from certain US residents for pooled investments in retail foreign currency contracts was in operation.”
• “Ancillary to this claim, a separate complaint was issued against ATC Brokers Ltd. on 5 May 2021 in a US District Court, where it is alleged that the Company was in breach of duty by acting as a brokerage firm that Oasis used for its forex trading.”
• “In 2022, the US District Court dismissed the complaint in its entirety, ruling the receiver lacked legal standing to sue ATC Brokers Ltd.”
• “In 2024, however, an appeals court revived the claim against ATC Brokers Ltd. and reversed in part the dismissal of complaint against the Company. This, however, only related to one part of the original claim. As at the date these financial statements have been signed, the US District Court has made no substantive rulings in the case other than disallowing any new counts to be asserted.”
• “The Company strongly denies the revived claim and the jurisdiction the US courts have over its affairs. It is not known at this time what the US court's decision will be and whether any financial penalty will be levied against the Company.”

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

1

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.