Kreos Capital Management (UK) Limited
Other business support service activities n.e.c. · London
ActiveUnited KingdomIncorporated 2004Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
—
Cash
£11,722,000
Turnover
£7,475,000
Profit / loss
£1,038,000
Current assets
£19,887,000
Creditors < 1 year
£9,792,000
Equity
£10,095,000
Average employees
28
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read | 2023-06-3012 months | 2022-06-3012 months | 2021-06-3012 months | 2020-06-3012 months | 2019-06-3012 months | 2018-06-30 | 2017-06-30 | 2016-06-3012 months | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||||||||||||
| Net assets | — | — | £2,653,231 | £2,304,986 | £1,695,196 | £1,328,215 | £1,035,484 | £773,315 | £606,761 | £505,052 | £378,199 | £276,476 | £201,319 | £77,953 | £626,186 | £446,218 | £261,342 |
| Equity | £10,095,000 | £8,344,000 | £2,653,231 | £2,304,986 | £1,695,196 | £1,328,215 | £1,035,484 | £773,315 | £606,761 | £505,052 | £378,199 | £276,476 | £201,319 | £77,953 | £626,186 | £446,218 | £261,342 |
| Share capital | £1,000 | £1,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings | £9,121,000 | £7,612,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Assets | |||||||||||||||||
| Fixed assets | — | — | £143,542 | £238,944 | £336,059 | £369,808 | £132,932 | £23,757 | £27,617 | £24,917 | £4,518 | £7,832 | £21,737 | £53,194 | £82,096 | £102,727 | £3,938 |
| Intangible assets | — | — | £0 | £0 | £0 | £0 | £0 | — | £0 | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | £143,542 | £238,944 | £336,059 | £369,808 | £132,932 | £23,757 | £27,617 | £24,917 | £4,518 | £7,832 | £21,737 | £53,194 | — | — | £3,938 |
| Current assets | £19,887,000 | £18,484,000 | £3,139,143 | £3,293,380 | £1,797,519 | £1,354,836 | £1,413,292 | £1,135,713 | £1,145,790 | £729,520 | £553,102 | £446,593 | £410,856 | £1,405,933 | £1,508,316 | £1,082,614 | £383,036 |
| Cash at bank | £11,722,000 | £7,476,000 | £0 | £104,876 | £30,729 | £0 | £0 | — | £269,833 | — | £0 | £296 | £93,769 | £14,612 | £54,389 | £125,524 | £128,617 |
| Debtors | £8,165,000 | £11,007,000 | £3,139,143 | £3,188,504 | £1,766,790 | £1,354,836 | £1,413,292 | £1,135,713 | £875,957 | £729,520 | £553,102 | £446,297 | £317,087 | £1,391,321 | £1,453,927 | £957,090 | £254,419 |
| Stock | — | — | £0 | £0 | £0 | £0 | £0 | — | £0 | — | — | — | — | — | — | — | — |
| Liabilities | |||||||||||||||||
| Creditors within one year | £9,792,000 | £10,140,000 | £629,454 | £1,227,338 | £438,382 | £396,429 | £510,740 | £386,155 | £566,646 | £249,385 | £180,420 | £178,948 | £210,883 | £785,047 | £230,075 | — | — |
| Creditors after one year | — | — | £0 | £0 | £0 | £0 | £0 | — | £0 | — | — | — | £20,391 | £596,127 | £734,151 | — | — |
| Provisions | — | — | £0 | £0 | £0 | £0 | £0 | — | £0 | — | — | — | — | — | — | — | — |
| Net current assets | — | — | £2,509,689 | £2,066,042 | £1,359,137 | £958,407 | £902,552 | £749,558 | £579,144 | £480,135 | £372,682 | £267,645 | £199,973 | £620,886 | £1,278,241 | £971,677 | £257,404 |
| Assets less current liabilities | — | — | £2,653,231 | £2,304,986 | £1,695,196 | £1,328,215 | £1,035,484 | £773,315 | £606,761 | £505,052 | £378,199 | £276,476 | £221,710 | £674,080 | £1,360,337 | £1,074,404 | £261,342 |
| Profit & loss | |||||||||||||||||
| Turnover | £7,475,000 | £23,957,000 | — | — | — | — | — | — | — | £1,342,378 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | £126,759 | — | — | — | — | — | — | — |
| Administrative expenses | £6,217,000 | £13,847,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating profit | £1,258,000 | £10,110,000 | — | — | — | — | — | — | — | £126,759 | — | — | — | — | — | — | — |
| Interest receivable | £15,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before tax | £1,273,000 | £10,110,000 | — | — | — | — | — | — | — | £126,759 | — | — | — | — | — | — | — |
| Tax | £235,000 | −£5,922,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit / loss | £1,038,000 | £16,032,000 | — | — | — | — | — | — | — | £101,407 | — | — | — | — | — | — | — |
| People & pay | |||||||||||||||||
| Average employees | 28 | 36 | 45 | 30 | 25 | 25 | 20 | — | — | — | — | — | — | — | — | — | — |
| Staff costs | £4,990,000 | £9,277,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Wages & salaries | £3,465,000 | £7,369,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Social security costs | £590,000 | £1,153,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Pension costs | £222,000 | £505,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Directors' remuneration | £118,000 | £874,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The Company's principal activity until 30 June 2025 was the provision of investment advisory and administrative services to fund managers. On that date, the Company's business operations were fully integrated into BlackRock's Private Debt platform.
- What it does
- investment advisory · administrative services · fund managers · Private Debt (AI keywords)
- The year
- Revenue decreased by 68.8% to £7.5m in the year ended 31 December 2025 (2024: £24.0m) due to the cessation of activities during the period. Administrative expenses decreased by 55.1% to £6.2m in the year (2024: £13.8m) due to the termination of staff secondment agreements and cessation of activities during the period.
- Outlook
- From 30 June 2025 the Company has not traded, but will remain active until resolution in the coming years of the uncertain tax provision detailed in note 11 to the financial statements.
- Auditor
- Deloitte LLP · senior statutory auditor Patrick Werner CA
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Kreos Capital Management Limited
- Ultimate parent
- BlackRock, Inc. · State of Delaware in the United States of America
- Ultimate controlling party
- BlackRock, Inc.
- Accounts
- FRS 101
- Approved
- 2026-07-28, signed by Mr S Dunne
Turnover by segment (4)
- Investment management and administration fees: 7,475 (000s) (2025-12-31)
- Investment management and administration fees: 23,957 (000s) (2024-12-31)
- UK: 7,475,000 (000s) (2025-12-31)
- UK: 23,957,000 (000s) (2024-12-31)
Related parties (2)
- other group companies · group companies · Amounts due from group companies; unsecured, interest free and repayable on demand · 8,165 (000s)
- other group companies · group companies · Amounts due from group companies · 10,812 (000s)
Share classes (2)
- 1 Ordinary shares of £1 each of £1
- 1 Ordinary shares of £1 each of £1
Principal risks (4)
- Market risk
- Credit risk
- Corporate liquidity risk
- Corporate tax risk
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2009-11-11
All monies
OutstandingShow 2 satisfied / released
Unknown · created 2009-12-01 · satisfied 2023-07-19
All monies
SatisfiedUnknown · created 2005-01-10 · satisfied 2023-06-06
£24,100.00 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
SatisfiedScaleup signal
OECD growth threshold met
22% employee CAGR