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Quilter
On this page
Company details
- Legal name
- Quilter plc
- Listing
- QLT on the A2X Markets, active · ISIN GB00BNHSJN34 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2024 · annual report, signed / final · source
Read with these figures
- Auditor's emphasis of matter. Other matter (p119): the auditors' report gives no assurance over the structured digital format (ESEF) annual financial report.
Full wording and sources
Auditor's emphasis of matter
Other matter (p119): the auditors' report gives no assurance over the structured digital format (ESEF) annual financial report. No emphasis of matter and no material uncertainty related to going concern.
Source: Quilter plc Annual Report 2024 (dated 2025-03-05)
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Fee income and other income from service activities
GBP 544 million
544 GBP millions · p120
+0.4% vs 2023
Wealth manager / investment-platform group: printed 'Fee income and other income from service activities' 544 (consolidated statement of comprehensive income, p120); no revenue line as such.
-
Total income
GBP 5.45 billion
5,449 GBP millions · p120
+17.8% vs 2023
Printed 'Total income' 5,449 (p120), dominated by 'Investment return' 4,877 on policyholder and fund assets.
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Profit before tax
GBP 35.0 million
35 GBP millions · p120
−60.2% vs 2023
Printed 'Profit before tax' 35 (p120); no operating-profit line is printed.
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(Loss)/profit after tax attributable to the owners of the Company
−GBP 34.0 million
(34) GBP millions · p120
Moved from profit to loss (FY2023: 42 GBP millions)
Printed '(Loss)/profit after tax attributable to the owners of the Company' (34) (p120).
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Total assets
GBP 62.4 billion
62,448 GBP millions · p121
+17.1% vs 2023
Printed 'Total assets' 62,448 (consolidated statement of financial position, p121).
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Total equity
GBP 1.42 billion
1,423 GBP millions · p121
−6.3% vs 2023
Printed 'Total equity' 1,423 (p121).
Large amounts are rounded for reading (GBP million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in GBP millions unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2024 — annual report, signed / final; reported for the year · source
- FY2023 — annual report, signed / final; comparative in the FY2024 filing · source
Income statement
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Fee income and other income from service activities1 | 544 | 542 |
| Investment return | 4,877 | 4,075 |
| Other income | 28 | 9 |
| Total income2 | 5,449 | 4,626 |
| Change in investment contract liabilities3 | (4,065) | (3,313) |
| Fee and commission expenses and other acquisition costs4 | (49) | (49) |
| Change in third-party interests in consolidated funds5 | (587) | (579) |
| Other operating and administrative expenses6 | (691) | (575) |
| Finance costs | (21) | (22) |
| Total expenses7 | (5,413) | (4,538) |
| Impairment of investments in associates8 | (1) | –9 |
| Profit before tax | 35 | 88 |
| Income tax expense attributable to policyholder returns10 | (95) | (76) |
| (Loss)/profit before tax attributable to shareholder returns11 | (60) | 12 |
| Income tax expense | (69) | (46) |
| Less: income tax expense attributable to policyholder returns12 | 95 | 76 |
| Income tax credit attributable to shareholder returns13 | 26 | 30 |
| (Loss)/profit after tax attributable to the owners of the Company | (34) | 42 |
| Exchange losses on translation of foreign operations | (1) | –14 |
| Total comprehensive income | (35) | 42 |
- Printed “-”; reading unresolved, so no amount is shown. Printed dash, read on the page image (p120); recorded as printed and not interpreted as nil.
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (12)
- “Fee income and other income from service activities” is an issuer-specific line, not mapped to a shared definition: Note 8: fee income of the wealth manager.
- “Total income” is an issuer-specific line, not mapped to a shared definition: Fee income, investment return (largely policyholder) and other income.
- “Change in investment contract liabilities” is an issuer-specific line, not mapped to a shared definition: Note 29: policyholder share of investment return.
- “Fee and commission expenses and other acquisition costs”: mapping to a shared definition is uncertain. Includes other acquisition costs as well as fee and commission expenses.
- “Change in third-party interests in consolidated funds” is an issuer-specific line, not mapped to a shared definition: Third-party share of consolidated funds' returns.
- “Other operating and administrative expenses” is an issuer-specific line, not mapped to a shared definition: Note 10(b).
- “Total expenses” is an issuer-specific line, not mapped to a shared definition: Total expenses including policyholder and third-party charges.
- “Impairment of investments in associates” is an issuer-specific line, not mapped to a shared definition: Note 17(b).
- “Income tax expense attributable to policyholder returns” is an issuer-specific line, not mapped to a shared definition: Note 11(a): tax borne on behalf of policyholders.
- “(Loss)/profit before tax attributable to shareholder returns” is an issuer-specific line, not mapped to a shared definition: Profit before tax less the tax attributable to policyholder returns.
- “Less: income tax expense attributable to policyholder returns” is an issuer-specific line, not mapped to a shared definition: Add-back of the policyholder tax within the shareholder tax reconciliation.
- “Income tax credit attributable to shareholder returns” is an issuer-specific line, not mapped to a shared definition: Note 11(a): total tax less the policyholder tax.
Balance sheet
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Goodwill and intangible assets1 | 339 | 372 |
| Property, plant and equipment | 91 | 91 |
| Investment property | 9 | 10 |
| Investments in associates | 16 | 2 |
| Contract costs2 | 24 | 16 |
| Loans and advances3 | 56 | 38 |
| Financial investments | 59,360 | 50,329 |
| Deferred tax assets | 115 | 91 |
| Current tax receivable | 45 | 33 |
| Trade, other receivables and other assets | 418 | 447 |
| Derivative assets | 26 | 57 |
| Cash and cash equivalents | 1,949 | 1,859 |
| Total assets | 62,448 | 53,345 |
| Ordinary Share capital | 115 | 115 |
| Ordinary Share premium reserve | 58 | 58 |
| Capital redemption reserve4 | 346 | 346 |
| Share-based payments reserve5 | 42 | 42 |
| Other reserves | (1) | –6 |
| Retained earnings | 863 | 958 |
| Total equity | 1,423 | 1,519 |
| Investment contract liabilities | 51,758 | 43,396 |
| Third-party interests in consolidated funds7 | 8,225 | 7,444 |
| Provisions | 111 | 46 |
| Deferred tax liabilities | 96 | 64 |
| Current tax payable | 1 | 2 |
| Borrowings and lease liabilities8 | 275 | 279 |
| Trade, other payables and other liabilities | 506 | 570 |
| Derivative liabilities | 53 | 25 |
| Total liabilities | 61,025 | 51,826 |
| Total equity and liabilities | 62,448 | 53,345 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_equity.
Notes and alternative reported figures (7)
- “Goodwill and intangible assets”: mapping to a shared definition is uncertain. OCR of the 200-dpi render drops or garbles this row (small type); both amounts read on the page image. Includes goodwill.
- “Contract costs” is an issuer-specific line, not mapped to a shared definition: Note 25: capitalised costs to obtain contracts.
- “Loans and advances” is an issuer-specific line, not mapped to a shared definition: Note 18.
- “Capital redemption reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
- “Share-based payments reserve” is an issuer-specific line, not mapped to a shared definition: Note 28.
- “Third-party interests in consolidated funds” is an issuer-specific line, not mapped to a shared definition: Liability for the interests of third parties in investment funds the group consolidates.
- “Borrowings and lease liabilities”: mapping to a shared definition is uncertain. Borrowings (subordinated debt) and lease liabilities in one line (note 32).
Cash flow
| Line (as printed) | FY2024Annual reportreported for the year | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|
| Cash flows from operating activities | 4,654 | 2,137 |
| Taxation paid | (69) | (26) |
| Total net cash flows from operating activities | 4,585 | 2,111 |
| Net purchases and sales of financial investments1 | (4,360) | (1,908) |
| Purchase of property, plant and equipment | (8) | (1) |
| Proceeds from sale of property, plant and equipment held for sale2 | –3 | 1 |
| Acquisition of subsidiary4 | (6) | –3 |
| Acquisition of shares in associates5 | (14) | (1) |
| Total net cash flows from investing activities | (4,388) | (1,909) |
| Dividends paid to the owners of the Company | (73) | (65) |
| Exchange rate movements passed to shareholders6 | (1) | 2 |
| Finance costs on borrowings | (18) | (18) |
| Payment of interest on lease liabilities | (2) | (3) |
| Payment of principal of lease liabilities | (8) | (9) |
| Quilter plc shares acquired under the Odd-lot Offer7 | –8 | (14) |
| Quilter plc shares acquired for use within the Group's employee share scheme9 | (6) | (15) |
| Proceeds from the issue of subordinated debt | –8 | 199 |
| Subordinated debt repaid | –8 | (200) |
| Total net cash flows from financing activities | (108) | (123) |
| Net increase in cash and cash equivalents | 89 | 79 |
| Cash and cash equivalents at the beginning of the year | 1,859 | 1,782 |
| Effect of exchange rate changes on cash and cash equivalents | 1 | (2) |
| Cash and cash equivalents at the end of the year | 1,949 | 1,859 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (7)
- “Net purchases and sales of financial investments” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Proceeds from sale of property, plant and equipment held for sale” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Acquisition of subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 6; investing activities.
- “Acquisition of shares in associates” is an issuer-specific line, not mapped to a shared definition: Note 17; investing activities.
- “Exchange rate movements passed to shareholders” is an issuer-specific line, not mapped to a shared definition: FX on dividends paid to JSE shareholders (footnote 1).
- “Quilter plc shares acquired under the Odd-lot Offer” is an issuer-specific line, not mapped to a shared definition: Financing activities.
- “Quilter plc shares acquired for use within the Group's employee share scheme” is an issuer-specific line, not mapped to a shared definition: Financing activities.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid to the owners of the Company |
(73) | GBP millions | Annual report, p123 |
| 31 Dec 2023 | Dividends paid (cash flow statement) | Dividends paid to the owners of the Company |
(65) | GBP millions | Annual report, p123 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
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Quilter plc Annual Report 2024
Year ended 31 December 2024 · Annual report · signed / final
Audit: PricewaterhouseCoopers LLP (senior statutory auditor: Mark Pugh), unmodified opinion · signed
Auditor's sign-off: Mark Pugh (Senior Statutory Auditor), for and on behalf of PricewaterhouseCoopers LLP
Final status: Independent auditors' report to the members of Quilter plc (PricewaterhouseCoopers LLP; unmodified opinion, PDF p113) hand-signed by Mark Pugh (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP, London, dated 5 March 2025 (PDF p119, page image). The consolidated statements 'were approved by the Board of Directors on 5 March 2025 and signed on its behalf by' Steven Levin (Chief Executive Officer) and Mark Satchel (Chief Financial Officer), hand signatures (PDF p121, page image).
- Document date
- 5 Mar 2025
- Auditor's report
- 5 Mar 2025
- Board approval
- 5 Mar 2025
- Retrieved by us
- 17 Oct 2026 (not a publication date)
- Used for
- statement columns FY2024, FY2023
- Basis
- consolidated statements · GBP millions (printed “£m”)
- Directory name 'Quilter Plc'; the document prints 'Quilter plc', a public limited company incorporated in England and Wales, registration number 06404270 (PDF p123), with a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange; the file is the Companies House filing for company 06404270. Same legal entity.
- Unit-linked wealth manager: total income includes investment return largely attributable to policyholders, offset in expenses by the change in investment contract liabilities and in third-party interests in consolidated funds; tax is split between policyholder and shareholder returns. No revenue line is mapped. The statement of financial position is presented in order of liquidity.
- Full Annual Report 2024 as filed at Companies House (scanned, 190 pages): strategic and governance reports, auditors' report (pp113-119), consolidated statements (pp120-123), notes, Company statements. The queue's period 2025-06-04 was a stamp date; the statements are for the year ended 31 December 2024.
Technical details
- File
- 190 pages, scanned (figures read by OCR and checked against the page image)
- SHA-256
1d77fed92eaff71276fbc9af25c9621f0bc3f65647f056b797ff0b7d46af7bc5- Entity as printed
- Quilter plc
- Regulator copy
- retrieved 2026-10-17T14:46:08Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
Download
Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.