Investment Firms
| 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | Total Dividend | n/a | 1.70p | 3.90p | 5.00p | n/a |
|---|
| £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
| Income Statement | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Turnover | 8.07 | 4.22 | 4.47 | 0.86 | 0.50 |
| Operating Profit/(Loss) | 1.86 | (2.81) | (2.85) | (7.32) | (7.83) |
| Net Interest | n/a | n/a | n/a | n/a | n/a |
| Profit Before Tax | 1.86 | (2.81) | (2.85) | (7.32) | (7.83) |
| Profit After Tax | 1.86 | (2.81) | (2.85) | (7.32) | (7.83) |
| Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
| Retained Profit/(Loss) for the Financial Year | 1.86 | (2.81) | (2.85) | (7.32) | (7.83) |
| Earnings per Share - Basic | 0.100p | (0.20p) | (0.20p) | (0.60p) | (0.70p) |
| Earnings per Share - Diluted | 0.100p | (0.20p) | (0.20p) | (0.60p) | (0.70p) |
| Earnings per Share - Adjusted | 0.100p | (0.20p) | (0.20p) | (0.60p) | (0.70p) |
| Dividend per Share | n/a | 1.70p | 3.90p | 5.00p | 11.00p |
| £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
| Balance Sheet | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Fixed Assets | |||||
| Intangible Assets | n/a | n/a | n/a | n/a | n/a |
| Tangible Assets | n/a | n/a | n/a | n/a | n/a |
| Fixed Investments | 577.01 | 646.09 | 791.40 | 827.45 | 1,005.35 |
| 577.01 | 646.09 | 791.40 | 827.45 | 1,005.35 | |
| Current Assets | |||||
| Stocks | n/a | n/a | n/a | n/a | n/a |
| Debtors | 3.45 | 3.12 | 1.22 | 47.37 | 53.44 |
| Cash at Bank & in Hand | 0.81 | 0.21 | 2.97 | 16.12 | 185.14 |
| Other Current Assets | 152.85 | 183.79 | 217.68 | 186.24 | 198.37 |
| Other Assets | n/a | n/a | n/a | n/a | n/a |
| Total Assets | 734.10 | 833.21 | 1,013.27 | 1,077.19 | 1,442.31 |
| Liabilities | |||||
| Creditors: Amount Due Within 1 Year | 1.26 | 1.86 | 19.53 | 25.43 | 69.27 |
| Net Current Assets | 155.84 | 190.56 | 202.34 | 224.31 | 367.69 |
| Creditors: Amount Due Over 1 Year | n/a | n/a | n/a | n/a | n/a |
| Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | n/a |
| Other Liabilities | n/a | n/a | n/a | n/a | n/a |
| Total Liabilities | 1.26 | 1.86 | 19.53 | 25.43 | 69.27 |
| Net Assets | 732.84 | 831.36 | 993.74 | 1,051.76 | 1,373.04 |
| Capital & Reserves | |||||
| Called Up Share Capital | 1.65 | 1.65 | 1.59 | 1.37 | 129.85 |
| Share Premium Account | 0.26 | n/a | 45.78 | 92.90 | 201.16 |
| Other Reserves | 773.35 | 873.95 | 987.79 | 994.52 | 1,078.30 |
| Profit & Loss Account | (42.41) | (44.24) | (41.42) | (37.02) | (36.27) |
| Shareholders Funds | 732.84 | 831.36 | 993.74 | 1,051.76 | 1,373.04 |
| Minority Interests | n/a | n/a | n/a | n/a | n/a |
| Capital Employed | 732.84 | 831.36 | 993.74 | 1,051.76 | 1,373.04 |
| Cash Flow | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Net Cash Flow From Operating Activities | (14.00) | (20.52) | (24.18) | (92.31) | (44.78) |
| Returns On Investment & Servicing of Finance | n/a | n/a | n/a | n/a | n/a |
| Taxation Paid | n/a | n/a | n/a | n/a | n/a |
| Capital Expenditure | 4.07 | 34.85 | (47.99) | (101.44) | 55.65 |
| Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
| Equity Dividends Paid | (8.24) | (43.88) | (58.21) | (49.60) | (101.98) |
| Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
| Financing | 0.25 | 11.33 | 144.24 | 68.20 | 214.24 |
| Net Increase/Decrease In Cash | (17.92) | (18.23) | 13.86 | (175.15) | 123.14 |
| Ratios | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| PE Ratio | 235.0 | n/a | n/a | n/a | n/a |
| PEG | n/a | n/a | n/a | n/a | n/a |
| EPS Growth | n/a | n/a | n/a | n/a | n/a |
| Dividend Yield | 0.0% | 3.9% | 6.0% | 5.8% | 10.9% |
| Dividend Cover | n/a | (0.12) | (0.05) | (0.12) | (0.06) |
| Dividend per Share Growth | n/a | (56.41%) | (22.00%) | (54.55%) | 120.00% |
| Operating Cashflow Per Share | (0.85p) | (1.25p) | (1.47p) | (5.60p) | (2.72p) |
| Pre-tax Profit per Share | 0.11p | (0.17p) | (0.17p) | (0.44p) | (0.47p) |
| Cash Increase / Decrease per Share | (1.09p) | (1.11p) | 0.84p | (10.63p) | 7.47p |
| Turnover per Share | 0.49p | 0.26p | 0.27p | 0.052p | 0.030p |
| Net Asset Value per Share | 44.46p | 50.44p | 60.29p | 63.81p | 83.31p |
| Operating Margin | 23.04% | (66.69%) | (63.82%) | (847.34%) | (1,565.60%) |
| ROCE | n/a | n/a | n/a | n/a | n/a |
| Net Gearing | 0.06% | 0.20% | 1.67% | 0.88% | n/a |
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