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Cash

£48m

-3.2% vs 2025

Net assets

£1.4bn

-0.1% vs 2025

Employees

Average over period

Profit before tax

£145m

-49.3% first positive since 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £58,936,000£62,699,000£54,626,000 -12.9%
Operating profit £58,130,000£335,907,000£171,134,000 -49.1%
Profit before tax -£212,152,000£285,837,000£144,799,000 -49.3%
Net profit -£213,464,000£285,337,000£143,867,000 -49.6%
Cash £7,858,000£49,691,000£48,087,000 -3.2%
Total assets less current liabilities £1,146,166,000£1,413,802,000£1,412,761,000 -0.1%
Net assets £1,176,014,000£1,413,802,000£1,412,761,000 -0.1%
Equity £1,176,014,000£1,413,802,000£1,412,761,000 -0.1%
Average employees 00
Wages
Directors' remuneration £240,000

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 . About these numbers

Ratios

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

Ratio Trend 2024-03-312025-03-312026-03-31
Operating margin 98.6%
Return on capital employed 5.1%23.8%12.1%
Gearing (liabilities / total assets) 0.0%5.7%3.0%
Current ratio 1.66x3.04x2.39x
Interest cover 2.89x57.14x

Margins divide P&L lines by turnover. 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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. FIDELITY CHINA SPECIAL SITUATIONS PLC 2010-02-24 → present
  2. FIDELITY CHINA SPECIAL SITUATIONS LIMITED 2010-01-22 → 2010-02-24

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In accordance with provision 30 of the AIC Code, the Directors have assessed the prospects of the Company over a longer period than the 12 month period required by the ‘Going Concern’ basis. The Board concluded that there were no material uncertainties related to going concern.”

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

People

7 active · 15 resigned

Name Role Appointed Born Nationality
FIL INVESTMENTS INTERNATIONAL Corporate Secretary 2010-02-04
BALFOUR, Michael Warren Director 2018-10-01 Jun 1960 British
BRUCE, Alastair Charles Director 2021-07-01 Oct 1963 British
DONEGAN, Vanessa Jane Director 2020-09-01 Dec 1958 British
FIELD, Georgina Rosemary Jane Director 2022-07-01 May 1977 British
ORR, Gordon Robert Halyburton Director 2023-01-01 Jun 1962 British
TSE, Edward Director 2022-11-24 Jun 1956 Chinese
Show 15 resigned officers
Name Role Appointed Resigned
TRUSEC LIMITED Corporate Nominee Secretary 2010-01-22 2010-02-04
BULL, Nicholas James Douglas Director 2010-02-04 2022-07-20
CAUSER, David John Director 2010-02-04 2019-07-24
EVERS, Simon Mcneil Director 2010-01-22 2010-02-04
FORD, John Michael Frederic Director 2016-07-22 2018-07-25
MONIR, Nicole Frances Director 2010-01-22 2010-01-22
NAISMITH, Douglas James Director 2010-02-04 2011-03-01
OWEN, John Wynne Director 2010-02-04 2016-07-22
PLEYDELL-BOUVERIE, Peter John, The Honourable Director 2010-02-04 2020-07-23
SCOTT, Elisabeth Charlotte Director 2011-11-01 2021-07-20
SHAUGHNESSY, Gary Paul John Director 2011-03-01 2012-03-27
WEI, Hong Director 2016-03-24 2018-10-31
WELLS, Andrew David Director 2012-05-21 2016-07-22
YUEH, Linda Yi-Chuang, Dr Director 2019-06-01 2022-12-31
TRUSEC LIMITED Corporate Nominee Director 2010-01-22 2010-02-04

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 823 total filings

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

  • 2026-08-03 MA Memorandum articles
Date Type Category Description
2026-08-03 MA incorporation Memorandum articles
2026-07-31 AA accounts Accounts with accounts type full
2026-07-27 TM01 officers Termination director company with name termination date PDF
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc
2026-07-16 SH07 capital Capital cancellation shares by plc

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
17

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page