FTP LONDON LTD

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

  -43%

  £25,998,000 → £14,829,000

• Cash

  -30.5%

  £6,931,878 → £4,817,000

• Net assets

  -16.4%

  £4,516,712 → £3,775,000

• Employees

  +42.9%

  14 → 20

  highest in 3 filed years

• Operating profit

  -81.1%

  £6,768,000 → £1,278,000

• Profit before tax

  -81.1%

  £6,808,000 → £1,288,000

• Wages

  -28.7%

  £3,808,000 → £2,717,000

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed reasonable forecasts on the company's activities up to November 2026, with a conservative growth projection of 1% per month. These have been stress-tested, and as a result, the directors have a reasonable expectation that the company has adequate resources to continue to meet its liabilities as they fall due, and will remain in operational existence for the foreseeable future, making the going concern basis appropriate for the company's accounts.”

Significant events

• “Revenue - a 43% year on year decrease due to the unforeseen withdrawal of the most popular third-party trading platform offered by the company, in February 2024. This interruption spanned the majority of the financial year, and was coupled with the subsequent permanent withdrawal of broker-partners from the funded trading space entirely during the same period.”
• “A change in accounting policy has been retrospectively applied to the financial year ending 30 November 2023, whereby contractual payments to successful researchers seeking to convert their simulated-profits into a fiscal payment are now accrued for at the point of sale.”

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

0

last 12 months

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