FIDEURAM ASSET MANAGEMENT UK LIMITED

• ⚠

  Material uncertainty over going concern

  Material uncertainty exists due to an evaluation process that is currently at an early stage for the potential integration of the Company into Eurizon SLJ Capital Limited, another UK entity in the wealth Management divisions of the ISP Group which could lead to the possible transfer of the Company's business to Eurizon SLJ and subsequent liquidation of the Company in the near future. Given this disclosure, the Directors have assessed and have concluded that there is a material uncertainty over the going concern of the Company due to possible transfer of the Company's business to Eurizon SLJ and subsequent liquidation of the Company in the near future.

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

  +10.1%

  £7,051,924 → £7,766,295

• Cash

  +69%

  £3,527,317 → £5,962,627

• Net assets

  +74.7%

  £3,350,141 → £5,854,111

• Employees

  +27.3%

  11 → 14

• Operating profit

  +12.2%

  £3,072,901 → £3,448,547

• Profit before tax

  +12.2%

  £3,072,080 → £3,446,889

• Wages

  +5.6%

  £1,915,907 → £2,024,102

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Material uncertainty exists due to an evaluation process that is currently at an early stage for the potential integration of the Company into Eurizon SLJ Capital Limited, another UK entity in the wealth Management divisions of the ISP Group which could lead to the possible transfer of the Company's business to Eurizon SLJ and subsequent liquidation of the Company in the near future. Given this disclosure, the Directors have assessed and have concluded that there is a material uncertainty over the going concern of the Company due to possible transfer of the Company's business to Eurizon SLJ and subsequent liquidation of the Company in the near future.”

Significant events

• “The ISP Group business plan 2022-2025 strongly promotes the growth of the group's international presence especially in relation to wealth management activities.”
• “during 2024, the Fideuram group has strengthened the team in FAM UK to 14 people and strengthened also the board of directors by adding a new position from April 2024.”
• “there is an evaluation, that is currently at an early stage for the possible transfer of FAM UK business to Eurizon SLJ and subsequent liquidation of FAM UK.”

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

Filings

2

last 12 months

Capital events

0

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.