Jarvis Securities plc
Jarvis Securities Plc is an AIM-listed holding company whose principal trading subsidiary, Jarvis Investment Management Limited (JIM), provided FCA-regulated execution-only retail stockbroking, ISA/investment wrapper administration and outsourced back-office settlement and custody services to other stockbrokers and investment firms. Following an FCA Voluntary Requirement (VReQ) imposed on JIM in September 2022, the firm sold its retail execution-only brokerage client book to Interactive Investor Services Limited (completed 8 July 2025) and the Group is now in a managed wind-down, intending to become an AIM Rule 15 cash shell and seek cancellation of its AIM listing.
FY2025 in sixty seconds
year to 30 Jun 2025 · approved 29 Dec 2025 · 40 pages · Companies House
Jarvis Securities, a stockbroking and share-account administration group, reported revenue of £17.9m and profit before tax of £3.0m, against £13.1m and £5.2m the year before. The two periods are not directly comparable: this report covers the 18 months to 30 June 2025, while the previous one covered 12 months.
Profit fell mainly because of a one-off charge of £2,831,848 set aside to compensate customers over a historic rule breach and interest on client money, plus the cost of a regulator-required review and of selling the business. Falling interest rates, fewer clients and price competition from larger rivals also hurt.
Cash at the period end was £6.4m and the group has no borrowings. Dividends for the period totalled 6.75p per share; no final dividend is proposed. After the period end, the retail client book was sold to Interactive Investor for an initial £9m and a special dividend of 2.90p was paid. The group is being wound down, so the accounts are not prepared on the usual basis that the business will carry on. Directors intend to seek cancellation of the AIM listing and return distributable reserves to shareholders.
Commission income on client stockbroking transactions
Commissions £3,177,939 (18 months to 30/6/25) vs £2,660,896 (FY2023); commission rates fixed by account type, recognised when instruction executed
page 27Falling Bank of England base rate reducing treasury/client money deposit interest income
Central bank policy of using interest rates to subdue inflation began falling from August 2024, reducing revenue available from client money treasury deposits
page 4JIML received initial sale proceeds of £9m on 8 July 2025 ('Completion'); two further deferred consideration payments of £1m each are due 12 and 24 months after Completion subject to certain criteria.
page 3Historically a progressive quarterly dividend policy; quarterly interim dividends totalling 6.75p per share were paid in the 18 months to 30 June 2025 (year to 31 December 2023: 8.75p). A special dividend of 2.90p per share was declared on 31 July 2025 and paid 3 September 2025 (post period-end). No final dividend is proposed by the board. The Board reviews dividend capacity quarterly, constrained by JIM's VReQ restriction on upstreaming dividends to the parent.
page 410 years on one page · FY2015–FY2025
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. 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.
Nothing restated
Every figure is read again from the following year’s report: 281 confirmed, 12 differ.
No figure has been restated: every figure a later report printed again, it printed the same.