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Cash

£49M

Latest balance sheet

Net assets

£1.5B

highest in 4 filed years

Employees

Average over period

Profit before tax

£215M

Period ending 2026-02-28

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28

Metric Trend 2024-08-312025-02-282025-08-312026-02-28 Δ vs prior
Turnover
Operating profit £229,956,000£22,556,000£164,885,000£217,214,000
Profit before tax £224,162,000£19,600,000£158,660,000£214,602,000
Net profit £223,314,000£19,482,000£158,388,000£214,571,000
Cash £11,749,000£41,676,000£94,109,000£48,690,000
Total assets less current liabilities
Net assets £1,143,541,000£1,139,977,000£1,267,188,000£1,465,504,000
Equity £1,143,541,000£1,139,977,000£1,267,188,000£1,465,504,000
Average employees
Wages
Directors' remuneration £93,000£181,000£129,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . Year-on-year comparison hidden: this filing covers about 6 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-08-312025-02-282025-08-312026-02-28
Current ratio 17.19x4.26x23.69x15.87x
Interest cover 39.69x7.63x26.49x83.16x

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Pricewaterhouse Coopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors, having considered the liquidity of the Company's portfolio of investments (being mainly securities which are readily realisable) and the projected income and expenditure, are satisfied that the Company is financially sound and has adequate resources to meet all of its liabilities and ongoing expenses and can continue in operational existence for a period of at least twelve months from the date of this Half-Yearly Report. This conclusion also takes into account the Board's assessment of the ongoing risks as outlined above. Accordingly, the Financial Statements of the Company have been prepared on a going concern basis.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 16 resigned

Name Role Appointed Born Nationality
FIL INVESTMENTS INTERNATIONAL Corporate Secretary 1994-10-18
BAILLIE, Hamish Michael Director 2026-01-01 Mar 1979 British
BOYLE, Claire Marguerite Director 2019-06-24 Nov 1968 British
CASEY, Christopher Michael Director 2025-01-01 Mar 1955 British
DHILLON, Ominder Director 2022-06-23 Feb 1970 British
MCGREGOR, Alison Mary Director 2020-01-01 Sep 1961 British
Show 16 resigned officers
Name Role Appointed Resigned
HOUGIE, Andrew Michael Secretary 1994-09-27 1994-10-18
BATEMAN, Barry Richard James Director 1994-10-18 1999-11-04
BROOKE, Richard David Christopher, Sir Director 1994-10-18 2009-12-16
BROWN, Sharon Mary Director 2010-04-15 2019-12-12
BUCKLEY, Dean Robert Director 2015-11-03 2025-12-11
FOSTER, Nigel Director 2015-09-01 2024-12-12
HAMMOND CHAMBERS, Robert Alexander Director 1994-10-18 2010-07-08
HASLAM, Simon Mark Director 1999-11-04 2004-12-09
HOUGIE, Andrew Michael Director 1994-09-27 1994-10-18
IRVINE, Andrew Robertson Director 2010-04-15 2022-12-14
KINLOCH ANDERSON, Douglas Director 1994-10-18 2015-12-15
LAURENSON, James Tait Director 1994-10-18 2005-10-31
MCCABE, Nicola Joanne Director 2004-12-09 2020-12-14
ROBERTS, Martin John Dickin Director 1994-09-27 1994-10-18
RUDDICK, Lynn Christine Director 2005-07-22 2016-07-05
THOMSON, Benjamin John Paget Director 2008-01-01 2015-12-15

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 1029 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-12-20 RESOLUTIONS Resolution
  • 2025-12-20 MA Memorandum articles
  • 2024-12-23 RESOLUTIONS Resolution
Date Type Category Description
2026-05-29 SH01 capital Capital allotment shares PDF
2026-05-21 RP01CS01 confirmation-statement Replacement filing of confirmation statement with made up date
2026-05-18 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-05-17 AA accounts Accounts with accounts type interim
2026-05-15 RP01CS01 confirmation-statement Replacement filing of confirmation statement with made up date
2026-01-02 AP01 officers Appoint person director company with name date PDF
2025-12-31 AUD auditors Auditors resignation company
2025-12-20 RESOLUTIONS resolution Resolution
2025-12-20 MA incorporation Memorandum articles
2025-12-20 AA accounts Accounts with accounts type full
2025-12-12 TM01 officers Termination director company with name termination date PDF
2025-11-19 CH01 officers Change person director company with change date PDF
2025-09-29 CS01 confirmation-statement Confirmation statement
2025-05-27 SH03 capital Capital return purchase own shares treasury capital date
2025-05-27 SH03 capital Capital return purchase own shares treasury capital date
2025-05-14 AA accounts Accounts with accounts type interim
2025-04-17 SH03 capital Capital return purchase own shares treasury capital date
2025-01-06 AP01 officers Appoint person director company with name date PDF
2024-12-23 RESOLUTIONS resolution Resolution
2024-12-19 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
13

last 12 months

Capital events
5

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page