Worldscale Association (London) Limited
Other information service activities n.e.c. · London
ActiveUnited KingdomIncorporated 1962Private, limited by guarantee, no share capital
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£3,012,278
Cash
£357,500
Turnover
£4,942,881
Profit / loss
£597,683
Current assets
£7,954,939
Creditors < 1 year
£4,981,452
Equity
£3,012,278
Average employees
21
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read | 2023-12-31Company · AI-read | 2022-12-31Company · AI-read |
|---|---|---|---|---|
| Balance sheet | ||||
| Net assets | £3,012,278 | £2,285,595 | — | — |
| Equity | £3,012,278 | £2,285,595 | — | — |
| Retained earnings | £3,006,278 | £2,358,595 | — | — |
| Assets | ||||
| Fixed assets | £32,791 | £34,660 | — | — |
| Property, plant & equipment | £32,791 | £34,660 | — | — |
| Current assets | £7,954,939 | £6,943,444 | — | — |
| Cash at bank | £357,500 | £543,601 | — | — |
| Debtors | £939,764 | £720,227 | — | — |
| Liabilities | ||||
| Creditors within one year | £4,981,452 | £4,619,509 | — | — |
| Pension scheme surplus / deficit | £6,000 | −£73,000 | −£131,000 | −£44,000 |
| Net current assets | £2,973,487 | £2,323,935 | — | — |
| Assets less current liabilities | £3,006,278 | £2,358,595 | — | — |
| Profit & loss | ||||
| Turnover | £4,942,881 | £4,734,017 | — | — |
| Administrative expenses | £4,440,713 | £4,276,655 | — | — |
| Operating profit | £502,168 | £457,362 | — | — |
| Interest receivable | £128,063 | £146,303 | — | — |
| Interest payable | £5,000 | £4,000 | — | — |
| Profit before tax | £625,231 | £599,665 | — | — |
| Tax | £27,548 | £35,020 | — | — |
| Profit / loss | £597,683 | £564,645 | — | — |
| Operating costs | ||||
| Depreciation | £38,095 | £32,976 | — | — |
| Operating lease charges | £201,390 | £307,197 | — | — |
| Audit fees | £29,207 | £23,000 | — | — |
| People & pay | ||||
| Average employees | 21 | 21 | — | — |
| Staff costs | £2,244,655 | £2,284,431 | — | — |
| Wages & salaries | £1,558,120 | £1,534,499 | — | — |
| Social security costs | £202,262 | £178,094 | — | — |
| Pension costs | £439,700 | — | — | — |
| Directors' remuneration | — | £234,078 | — | — |
| Highest paid director | £234,582 | £234,078 | — | — |
| Source evidence | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Accounts
- Small company · FRS 102 Section 1A
- Approved
- 2026-08-04, signed by I L McCarthy
Turnover by segment (4)
- Subscriptions: 4,508,128 (2025-12-31)
- Subscriptions: 4,299,264 (2024-12-31)
- Overhead recharges: 434,753 (2025-12-31)
- Overhead recharges: 434,753 (2024-12-31)
Related parties (14)
- London Tanker Brokers' Panel Limited (LTBP) · The guarantors of the Association are also the shareholders of LTBP · Overhead recharges receivable · £434,753
- London Tanker Brokers' Panel Limited (LTBP) · The guarantors of the Association are also the shareholders of LTBP · Overhead recharges receivable · £434,753
- Ifchor Galbraiths UK Limited · Guarantor · Service fee paid · 90,000
- EA Gibson Shipbrokers Limited · Guarantor · Service fee paid · 140,000
- H Clarkson & Company Limited · Guarantor · Service fee paid · 90,000
- Braemar Plc · Guarantor · Service fee paid · 90,000
- SSY Management Services Limited · Guarantor · Service fee paid · 90,000
- Howe Robinson Partners (UK) Limited · Guarantor · Service fee paid · 90,000
- Ifchor Galbraiths UK Limited · Guarantor · Service fee paid · 86,625
- EA Gibson Shipbrokers Limited · Guarantor · Service fee paid · 136,625
- H Clarkson & Company Limited · Guarantor · Service fee paid · 86,625
- Braemar Plc · Guarantor · Service fee paid · 86,625
- SSY Management Services Limited · Guarantor · Service fee paid · 86,625
- Howe Robinson Partners (UK) Limited · Guarantor · Service fee paid · 86,625
Events after the year end (1)
- On 27 March 2026, the Association ceased participation in its defined benefit pension scheme.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesUnknown · created 1997-01-22
£20,600 DUE OR TO BECOME DUE FROM THE CO MPANY TO THE CHARGEE SUPPLEMENTAL TO A L EASE OF EVEN DATE
Outstanding