All companies
Fletcher King plc logo

Fletcher King plc AIM:FLK

Incorporated
United Kingdom
Chief executive
P J Andrews
Employees
20
Reports in
GBP
Companies House
02014432
Real Estate
Where the figures come from
How we read

Read straight from the annual reports

Share price and financials

34.5p at close on 5 Oct 2026 · 11 reported years, 2015–2025

Years in viewFY2015 – FY2026
5 Oct 202634.5p−27.4% since 4 Jan 2016
34.5p
LineFY201504/15FY201604/16FY201704/17FY201804/18FY201904/19FY202004/20FY202104/21FY202204/22FY202304/23FY202404/24FY202504/25FY2026unreported
EBITDA
Adjusted minus statutory PBT————

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.

Operating margin

11 years, at a glance

%

Operating profit as a share of revenue: the pence of profit in each pound of sales.

-40%-20%0%20%FY2015FY2025
FY2025Operating margin4.0%

C000482-AR-2025-ch

The latest report

— annual report

JSONComing soon
Next report22 Aug 2026for the year to 30 Apr 2026, the date the register holds, plus this company's usual gap to publication
Sixty seconds on this reportPlaceholder

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.

From the reportevery line sits on the page it names
What drove revenue

Transaction-based fees (investment deals, property valuations, rating appeals)

Transaction-based fees recognised at a point in time accounted for 43% of revenue (2024: 54%).

page 35
And

Recurring fund and property management fees

The balance of revenue (less transactional activity) includes recurring fee income from property asset management and fund management contracts, recognised over time. Asset management fees are recognised as services are rendered and are generally invoiced quarterly in advance or in arrears.

page 35
What moved the marginheadwind

Statutory profit before tax fell to £274,000 from £452,000

Employee benefits rose to £2,313,000 from £2,195,000 and share-based payment expense rose to £99,000 from £58,000, which the report says reflects acceleration on the surrender of options. Transaction-based share of revenue fell to 43% from 54%.

page 25
Andtailwind

Performance-based payments reduced

Performance-based payments within employee benefits were £403,000 (2024: £472,000).

page 36
One-offs in the year

£99k charge: Share-based payment expense (EMI options; includes acceleration on surrender of 920,000 options in January 2025)

page 45
What management said

With the current uncertainty both domestically and internationally it is difficult to see the capital markets improving very much. Having said that, we must be somewhere near the bottom and the market will move forward but when?

page 6
After the year end

FCA permissions of Fletcher King Investment Management plc were cancelled; this was completed after the financial year end (Strategic Report). The Directors' Report separately states there are no subsequent events.

page 13
The dividend

Board proposes a final dividend of 2.25p per share (2024: 2.25p), with no interim dividend (2024: nil). Total dividend for the year 2.25p (£231,000). Subject to AGM approval (8 October 2025), record date 26 September 2025, payable 24 October 2025. The stated policy beyond this is not printed.

page 5
Going concern and the audit

Unmodified opinion (true and fair view) from S&W Partners Audit Limited, dated 14 August 2025. No material uncertainty related to going concern identified; the cash flow forecast was reviewed to the end of September 2026. Group cash of £4.2m with no borrowings. The single key audit matter is revenue recognition (Group). Group FS materiality £70,600; performance materiality £56,500.

page 22
The risks it names first
  • Economic risk: major UK economic slowdown or slump in UK commercial property values, which would reduce transaction and valuation activity.p.13
  • Loss or failure to attract and retain Executive Directors and key employees.p.13
  • Capital markets and property investment volatility; transaction fee timing is unpredictable; capital markets activity described as far below the long-run average.p.5
  • Customer concentration: one client exceeded 10% of revenue (£1,004,000).p.35

Read from C000482-AR-2025-ch.

Filings

0 annual reports read

Sources: Companies House (10)

No filings have been read for this company yet.

Every figure above,
back to the page it was printed on