Vanguard Asset Services, Ltd.
Fund management activities · London
ActiveUnited KingdomIncorporated 2010Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£250,188,000
Cash
£267,397,000
Turnover
£454,405,000
Profit / loss
£38,303,000
Current assets
£430,990,000
Creditors < 1 year
—
Equity
£250,188,000
Average employees
1,067
Balance-sheet trend
GBP · consolidatedFinancial 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 | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £250,188,000 | £226,728,000 |
| Equity | £250,188,000 | £226,728,000 |
| Retained earnings | £183,538,000 | £160,235,000 |
| Assets | ||
| Fixed assets | £58,328,000 | £58,902,000 |
| Property, plant & equipment | £15,893,000 | £13,164,000 |
| Current assets | £430,990,000 | £419,910,000 |
| Cash at bank | £267,397,000 | £244,934,000 |
| Liabilities | ||
| Creditors | £239,130,000 | £252,084,000 |
| Creditors after one year | £57,578,000 | £52,434,000 |
| Bank loans & overdrafts | £36,496,000 | £51,216,000 |
| Provisions | £2,753,000 | £5,589,000 |
| Profit & loss | ||
| Turnover | £454,405,000 | £428,191,000 |
| Interest receivable | £10,160,000 | £10,465,000 |
| Interest payable | £1,554,000 | £1,345,000 |
| Profit before tax | £50,795,000 | £38,358,000 |
| Tax | £12,492,000 | £10,453,000 |
| Profit / loss | £38,303,000 | £27,905,000 |
| Dividends | £15,000,000 | — |
| Operating costs | ||
| Depreciation | £3,491,000 | £2,359,000 |
| Audit fees | £56,288,000 | £50,455,000 |
| Cash flow | ||
| Cash from operations | £53,691,000 | −£5,424,000 |
| Capital expenditure | £6,211,000 | £6,633,000 |
| People & pay | ||
| Average employees | 1,067 | 1,000 |
| Wages & salaries | £169,111 | £156,376 |
| Social security costs | £21,453 | £17,795 |
| Directors' remuneration | £758,000 | £1,402,000 |
| Highest paid director | £1,023,676,000 | £672,434,000 |
| Source evidence | 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
- PricewaterhouseCoopers LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Zealous Inc.
- Ultimate parent
- VGI
- Ultimate controlling party
- VGI
- Accounts
- Full accounts
- Approved
- 2026-04-23, signed by Ricky Vassell
Subsidiaries (5)
- Vanguard Asset Management, Ltd. · 100% · UK; 4th Floor, The Walbrook Building, 25 Walbrook, London, England, EC4N 8AF
- Vanguard Investments Switzerland GmbH · 100% · Switzerland; Bleicherweg 30, 8002 Zurich, Switzerland
- Vanguard Investments UK, Limited · 100% · UK; 4th Floor, The Walbrook Building, 25 Walbrook, London, England, EC4N 8AF
- Vanguard UK Nominees Limited · 100% · UK; 4th Floor, The Walbrook Building, 25 Walbrook, London, England, EC4N 8AF
- Vanguard Pension Trustee UK Limited · 100% · UK; 4th Floor, The Walbrook Building, 25 Walbrook, London, England, EC4N 8AF
Related parties (7)
- related funds · Vanguard Investments Funds ICVC and Vanguard LifeStrategy Funds ICVC · Amounts receivable in respect of management charges · £13,901,980 (2024: £11,552,991) (000s)
- The Vanguard Group, Inc. · related party · Services to · 29,946 (000s)
- affiliates · related party · Services to · 194,907 (000s)
- The Vanguard Group, Inc. · related party · Services from · 23,078 (000s)
- affiliates · related party · Services from · 61,666 (000s)
- The Vanguard Group, Inc. · related party · Balance outstanding at year-end · 1,184 (000s)
- Affiliates · related party · Balance outstanding at year-end · 11,103 (000s)
Borrowings (1)
- Borrowings · 36,496 (000s)
Share classes (1)
- 9 ordinary shares of £1 each of £1 each
Events after the year end (1)
- There are no events that have occurred that require disclosure between the reporting date and the date on which the financial statements have been authorised for issue.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.