VICTORY ADVISORS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-01 (in 2mo)
Last made up 2025-06-17
Watchouts
None on the register
Cash
£6M
EUR 6,816,222
+127.6% vs 2023
Net assets
£6M
EUR 7,165,635
+44.6% vs 2023
Employees
30
+7.1% highest in 5 filed years
Profit before tax
£715K
EUR 821,757
-33.8% vs 2023
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £11,023,158 | £11,351,811 | |
| Operating profit | — | — | — | — | £1,168,636 | £735,274 | |
| Profit before tax | — | — | — | — | £1,078,823 | £714,633 | |
| Net profit | -£2,467,760 | — | — | — | £671,656 | £1,887,995 | |
| Cash | £8,093,462 | £3,954,432 | £1,235,711 | — | £2,604,884 | £5,927,665 | |
| Total assets less current liabilities | £7,799,289 | £4,279,031 | £2,161,190 | — | £4,326,937 | £6,255,737 | |
| Net assets | — | — | — | — | £4,309,708 | £6,231,529 | |
| Equity | £7,799,289 | £4,279,031 | £2,161,190 | -£6,446,586 | £4,309,708 | £6,231,529 | |
| Average employees | 12 | 14 | 14 | — | 28 | 30 | |
| Wages | — | — | — | — | £5,264,320 | £5,516,508 | |
| Directors' remuneration | — | — | — | — | £410,677 | £425,454 |
Figures converted to GBP from EUR at 0.870 per EUR (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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3%
£11,023,158 £11,351,811
-
Cash
+127.6%
£2,604,884 £5,927,665
-
Net assets
+44.6%
£4,309,708 £6,231,529
-
Employees
+7.1%
28 30
highest in 5 filed years
-
Operating profit
-37.1%
£1,168,636 £735,274
-
Profit before tax
-33.8%
£1,078,823 £714,633
-
Wages
+4.8%
£5,264,320 £5,516,508
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 10.6% | 6.5% | |
| Net margin | — | — | — | — | 6.1% | 16.6% | |
| Return on capital employed | — | — | — | — | 27.0% | 11.8% | |
| Current ratio | — | — | — | — | 1.74x | 1.85x | |
| Interest cover | — | — | — | — | 12.33x | 23.32x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- VICTORY ADVISORS LIMITED · parent
- Victory Advisors (Suisse) S.a.r.l. 100%
- Icon Real Estate Management B.V. 100%
- VEREF II GP S.à r.l. 100%
- VEREF Manhattan GP S.à r.l. 100%
- VG Service Co Luxembourg S.a.r.l. 100%
- VEREF II CIP GP B.V. 100%
- VG Invest I Limited 100%
Significant events
- “On 14 Jan 2025, the Company has entered into a monthly foreign exchange swap maturing on 10 June 2026 for a notional amount of €11.9m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLMES, Kylie Lynne | Director | 2025-08-29 | Sep 1982 | New Zealander |
| NORRIS, Simon William | Director | 2017-09-06 | Apr 1978 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MORESCO, Erik | Director | 2013-05-24 | 2025-08-28 |
| VAN EMMERIK, Edwin | Director | 2013-05-24 | 2015-04-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Erik Moresco | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-18 | Active |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | AA | accounts | Accounts with accounts type group | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-18 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-10-13 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-06-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-02-05 | SH01 | capital | Capital allotment shares | |
| 2019-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.