Cavendish plc AIM:CAV
- Incorporated
- United Kingdom
- Chief executive
- John Farrugia
- Employees
- 200
- Reports in
- GBP
- Companies House
- 11540126
Read straight from the annual reports
8.3p at close on 5 Oct 2026 · 9 reported years, 2018–2026
| Line | FY201804/18 | FY201903/19 | FY202003/20 | FY202103/21 | FY202203/22 | FY202303/23 | FY202403/24 | FY202503/25 | FY202603/26 | FY2027unreported |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Operating profit | ||||||||||
| Adjusted operating profit | — | — | — | |||||||
| Exceptional items | — | |||||||||
| Net finance cost | ||||||||||
| Profit before tax | ||||||||||
| Adjusted profit before tax | — | — | — | — | — | |||||
| Tax charge | ||||||||||
| Profit for the year | ||||||||||
| EBITDA | ||||||||||
| Adjusted minus statutory PBT | — | — | — | — | — | |||||
| Basic EPS | ||||||||||
| Diluted EPS | ||||||||||
| Adjusted EPS | ||||||||||
| Dividend per share | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
9 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.
Corporate finance transaction fees (deal fees) from equity/debt raises and M&A completions
Transactions revenue £36,759k of total £56,867k revenue; 96 transactions completed in the year
page 71Recurring retainer fees from quoted and private corporate clients
Retainers revenue £10,682k; 170 corporate clients at year end, net increase of 10 quoted clients in H2
page 71Employee compensation ratio
Compensation ratio (employee cost vs revenue) rose to 66% (FY25: 64%) reflecting targeted hiring and regional expansion
page 14Non-employee cost reduction
Non-employee and introducer costs reduced 3.5% like-for-like to £14.3m (FY25: £14.8m) from operational efficiencies
page 5Chair: "Looking ahead we are confident in the drivers of future growth"; believes UK equity market will see improving tailwinds from regulatory change, a shift from savings to investing, and a re-rating opportunity in UK small/mid-cap stocks
page 7No material post balance sheet events occurred between 31 March 2026 and the date the Directors signed the Annual Report
page 92Stable dividend policy; total FY26 dividend of 0.8p per share (0.3p interim paid + 0.5p final proposed), unchanged from FY25, reflecting confidence in earnings quality, cash generation and balance sheet strength
page 7Directors adopted the going concern basis; no material uncertainty identified. BDO LLP issued an unmodified/unqualified audit opinion. Key audit matters: fraud risk in revenue recognition of corporate finance deal fees, and fraud risk in market-making income recognition/manual adjustments; Group materiality £853,000 (1.5% of revenue)
page 46- People risk — retention, development and wellbeing of staff critical to service delivery and competitive advantagep.16
- Market and Investor Sentiment risk — income heavily dependent on UK financial market health and availability of funds for smaller listed companies (heightened in FY26)p.16
- Strategic risk — clear articulation and execution of Group strategy by the Board and Executive Committeep.17
- Reputational risk — arising from transactions advised on, client relationships and personal conductp.17
Read from C000261-AR-2026-website.
8 annual reports read, FY2019 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (7), Company website (1)
FY2027Next report expected 19 Jul 2027