ARES SYSTEMATIC CREDIT LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +38.1%

  £14,375,452 → £19,854,566

• Cash

  -34.2%

  £18,705,807 → £12,316,635

• Net assets

  -22%

  £20,974,554 → £16,351,390

• Employees

  -4.3%

  69 → 66

• Operating profit

  +58.4%

  -£14,715,895 → -£6,117,389

• Profit before tax

  +62.1%

  -£14,407,709 → -£5,463,788

• Wages

  -8.4%

  £17,527,305 → £16,053,225

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. ARES SYSTEMATIC CREDIT LIMITED 2026-02-03 → present
2. BLUECOVE LIMITED 2018-03-23 → 2026-02-03
3. BCCO LIMITED 2018-03-22 → 2018-03-23

Accounting basis

UK Adopted IFRS

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have, at the time of approving the consolidated financial statements, a reasonable expectation that the Group and Company will have sufficient resources to continue to meet their liabilities as they fall due for at least 12 months from the date of approval of the financial statements (the going concern period). Thus, they continue to adopt the going concern basis of accounting in preparing the consolidated financial statements.”

Group structure

1. ARES SYSTEMATIC CREDIT LIMITED · parent
   1. BlueCove USA LLC 100% · Boston, MA · Product support

Significant events

• “During the year to 31 December 2024, the Group increased its assets under management ("AuM") through inflows and new product launches to $5.3bn across seven funds (2023: $1.95bn, six funds).”

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

Filings

20

last 12 months

Capital events

6

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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