MORGAN STANLEY UK GROUP

LEGAL DEPARTMENT, 25 CABOT SQUARE, CANARY WHARF, LONDON, E14 4QA

Company Number: 01281415
Incorporation date: 13-Oct-1976
Status: Active
Entity type: Private Unlimited Company

SIC codes:
64999 Financial intermediation not elsewhere classified

SUMMARY

This company is 48 years old and is currently active. It is controlled by Morgan Stanley International Limited. The company has positive equity (net assets) of USD 62.6 million which has increased from USD 51.2 million in the previous year. The company has 4 active officers (directors or partners) who are or were officers of 8 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Accounts Filed: FULL (31-Dec-2023)

P&L Financials:

Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP

31-Dec-2019 USD 2,382,000 755,000

31-Dec-2018 USD 13,000,000 2,805,000

31-Dec-2017 USD 74,518,000 331,089,000

31-Dec-2015 USD 188,500,000 104,346,000

31-Dec-2014 USD 52,193,000 16,138,000 241,560,000

31-Dec-2013 USD 63,948,000 5,616,000 156,169,000

31-Dec-2012 USD 63,726,000 2,866,000 398,678,000

31-Dec-2011 USD 25,648,000 4,165,000 642,038,000

31-Dec-2010 USD 63,115,000 7,485,000 428,657,000

Balance Sheet Financials:

Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets

31-Dec-2019 USD 576,000 10,000,000 52,563,000 62,563,000

31-Dec-2018 USD 18,397,000 10,000,000 41,178,000 51,178,000

31-Dec-2017 USD 1,000 10,000,000 38,373,000 48,373,000

31-Dec-2015 USD 747,000 7,138,796,000 304,218,000 2,352,002,000 16,121,144,000

31-Dec-2014 USD 546,000 3,103,318,000 304,218,000 2,548,324,000 12,917,748,000

31-Dec-2013 USD 795,000 2,438,796,000 304,218,000 2,306,764,000 11,377,866,000

31-Dec-2012 USD 555,000 690,356,000 304,218,000 2,150,595,000 7,831,485,000

31-Dec-2011 USD 553,000 690,356,000 304,218,000 1,751,917,000 7,414,182,000

31-Dec-2010 USD 545,000 20,000 21,000 21,000 2,362,652,000

Year end	Currency	Interest Received	Tax	Net Profit GBP
31-Dec-2019	USD	2,382,000	755,000
31-Dec-2018	USD	13,000,000		2,805,000
31-Dec-2017	USD	74,518,000		331,089,000
31-Dec-2015	USD	188,500,000		104,346,000
31-Dec-2014	USD	52,193,000	16,138,000	241,560,000
31-Dec-2013	USD	63,948,000	5,616,000	156,169,000
31-Dec-2012	USD	63,726,000	2,866,000	398,678,000
31-Dec-2011	USD	25,648,000	4,165,000	642,038,000
31-Dec-2010	USD	63,115,000	7,485,000	428,657,000

Year end	Currency	Cash	Current Liabilities	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	USD	576,000		10,000,000		52,563,000	62,563,000
31-Dec-2018	USD	18,397,000		10,000,000		41,178,000	51,178,000
31-Dec-2017	USD	1,000		10,000,000		38,373,000	48,373,000
31-Dec-2015	USD	747,000		7,138,796,000	304,218,000	2,352,002,000	16,121,144,000
31-Dec-2014	USD	546,000	3,103,318,000		304,218,000	2,548,324,000	12,917,748,000
31-Dec-2013	USD	795,000		2,438,796,000	304,218,000	2,306,764,000	11,377,866,000
31-Dec-2012	USD	555,000		690,356,000	304,218,000	2,150,595,000	7,831,485,000
31-Dec-2011	USD	553,000		690,356,000	304,218,000	1,751,917,000	7,414,182,000
31-Dec-2010	USD	545,000		20,000	21,000	21,000	2,362,652,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**

31-Dec-2017 USD -71,287.96% -7,433,014,000 7,443,440,745 10,426,745 3,726,559,745

31-Dec-2014 USD inf% -2,438,796,000 2,438,796,000 0 1,218,727,500

31-Dec-2013 USD 71.69% 1,748,440,000 690,356,000 2,438,796,000 1,563,901,000

31-Dec-2011 USD 100.00% 994,533,000 28,813 994,561,813 496,746,313

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES
No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)

Resigned Jonathan Watson HAILE 11 Dec 2014 31 Mar 2023 0 - 1

Active Paul Eugene BARTLETT 21 May 2013 04 Oct 2024 1 - 0

Resigned Mary Josephine Margaret MCNALTY 02 Oct 2008 29 Apr 2013 British 0 - 31

Resigned Lisa Anne MARVIN 31 Jan 2007 02 Oct 2008 British 0 - 92

Resigned Mary Elizabeth GLEDHILL 01 Sep 2000 31 Dec 2006 British 0 - 86

Resigned Richard Scott ROSENTHAL 26 Aug 1993 05 Jun 2008 United States 0 - 46

Resigned Ronald Simon KENT 26 Aug 1993 British 0 - 15

DIRECTORS

Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned) Dissolved companies
(rate)

Active Karl Phillip CHAMBERLAIN 13 May 2024 Managing Director British 3 - 0 0 (0.0%)

Active Kevin Patrick O'CONNOR 09 May 2023 Managing Director American 8 - 0 0 (0.0%)

Active Hereward Charles TAYLOR 23 Nov 2022 Accountant British 2 - 0 0 (0.0%)

Resigned Caroline NICHOLLS 21 Apr 2020 13 May 2024 Company Director British 0 - 3 0 (0.0%)

Active Caroline NICHOLLS 21 Apr 2020 Company Director British 1 - 0 0 (0.0%)

Resigned Anthony Philip MULLINEAUX 23 Jan 2019 16 Nov 2022 Accountant British 4 - 3 1 (14.3%)

Resigned Kim Maree LAZAROO 07 Dec 2015 24 Jan 2019 Accountant Australian 3 - 7 1 (10.0%)

Resigned Jonathan David BENDALL 13 Nov 2014 31 Jan 2020 Banker British 0 - 9 1 (11.1%)

Resigned Susan Elizabeth WATTS 15 Nov 2011 09 May 2023 Managing Director British 3 - 16 4 (21.1%)

Resigned David Richardson NICOL 15 Nov 2006 31 Dec 2010 Investment Banker British 1 - 19 1 (5.0%)

Resigned Malcolm Peter BRYANT 19 Dec 2005 03 Nov 2014 Investment Banker British 0 - 6 1 (16.7%)

Resigned Mary Elizabeth GLEDHILL 26 Sep 2003 10 Oct 2003 Chartered Secretary British 0 - 86 42 (48.8%)

Resigned Stephen Alec SOUCHON 15 Nov 2002 10 Nov 2015 Accountant British 3 - 22 11 (44.0%)

Resigned Jeffrey Robert PELLET 06 Aug 2002 09 Dec 2005 Banker American 0 - 4 2 (50.0%)

Resigned Amelia Chilcott FAWCETT 13 May 1997 29 Sep 2006 Lawyer/Investment Banker British,American 4 - 29 7 (21.2%)

Resigned David Alan, Sir WALKER 02 Dec 1994 31 Dec 2000 Investment Banker British 0 - 26 9 (34.6%)

Resigned Lisa COLBY-JONES 16 Aug 1994 24 Jul 1995 Investment Banker Usa 0 - 12 6 (50.0%)

Resigned Richard Scott ROSENTHAL 25 Feb 1994 01 Sep 2011 Lawyer United States 0 - 46 21 (45.7%)

Resigned John Steven Wotjek WARD 24 Jan 1994 12 Apr 1997 Investment Banker British 0 - 12 5 (41.7%)

Resigned Jeffrey SALZMAN 24 Jan 1994 25 Feb 1994 Director Us Citizen 0 - 2 0 (0.0%)

Resigned Patrick DE SAINT AIGNAN 09 Nov 1993 25 Feb 1994 Managing Director French 0 - 2 0 (0.0%)

Resigned George Nels FUGELSANG 13 Oct 1993 25 Feb 1994 Investment Banker American 0 - 4 1 (25.0%)

Resigned Hans-Peter PETERS 12 Oct 1993 25 Feb 1994 Managing Director German 0 - 6 3 (50.0%)

Resigned Peter Karl SCHUMANN 02 Jun 1992 25 Feb 1994 Investment Banker American 0 - 2 0 (0.0%)

Resigned Stephen Mitchell WATERS 02 Jun 1992 12 Feb 1996 Investment Banker Us Citizen 0 - 9 2 (22.2%)

Resigned Robert Anthony METZLER 02 Jun 1992 16 Jan 1997 Investment Banker Us Citizen 0 - 7 0 (0.0%)

Resigned Frederick Brewer De Hamel KROM 02 Jun 1992 25 Feb 1994 Investment Banker Us Citizen 0 - 2 0 (0.0%)

Resigned Kenneth DE REGT 02 Jun 1992 03 Jun 1993 Investment Banker Us Citizen 0 - 1 0 (0.0%)

Resigned Erich Harald POHL 01 Jan 1992 15 Oct 1992 Investment Banker British 0 - 2 0 (0.0%)

Resigned Charles Gerald Thoroton STONEHILL 01 Jan 1992 25 Feb 1994 Investment Banker British 0 - 7 3 (42.9%)

Resigned David Brooks GENDRON 01 Jan 1992 04 Oct 1993 Treasurer - Head Of Operations Usa 0 - 31 18 (58.1%)

Resigned Richard Geradus GOULD 01 Jan 1992 25 Feb 1994 Investment Banker British 0 - 2 0 (0.0%)

Resigned Peter Dominic CALDECOTT 01 Jan 1992 25 Feb 1994 Investment Banker British 0 - 4 0 (0.0%)

Resigned Keith Clark BROWN 21 Jun 1991 25 Feb 1994 Investment Banker British 1 - 18 2 (10.5%)

Resigned Thierry Georges PORTE 25 Feb 1994 Investment Banker Us & French 0 - 4 1 (25.0%)

Resigned David Ivor NEESON 01 Oct 1992 Investment Banker British 0 - 9 4 (44.4%)

Resigned Joseph Patrick O'CONNOR JR 25 Feb 1994 Investment Banker Us Citizen 0 - 1 0 (0.0%)

Resigned Stephen Charles BUTT 25 Feb 1994 Investment Banker British 3 - 4 0 (0.0%)

Resigned Simon Patrick ORME 06 Sep 1993 Investment Banker American 0 - 6 2 (33.3%)

Resigned Peter O'SHEA 25 Feb 1994 Investment Banker Irish 0 - 7 1 (14.3%)

Resigned David Howard BLAIR 03 Jun 1993 Investment Banker Us Citizen 0 - 2 0 (0.0%)

Resigned Robert Garland SCOTT 25 Feb 1994 Investment Banker American 0 - 2 0 (0.0%)

Resigned Naneen Hunter NEUBOHN 25 Feb 1994 Investment Banker Us Citizen 0 - 3 1 (33.3%)

Resigned Martin David ANGLE 31 Dec 1991 Investment Banker British 2 - 12 1 (7.1%)

Resigned William Dunaham BIRCH 31 Dec 1991 Investment Banker Us Citizen 0 - 1 0 (0.0%)

Resigned Robert Charles WHITEHAND 25 Feb 1994 Investment Banker British 2 - 7 4 (44.4%)

Resigned John Charles WELLEMEYER 25 Feb 1994 Investment Banker Us Citizen 0 - 2 0 (0.0%)

Resigned Francis Thomas VIVEASH 25 Feb 1994 Investment Banker British 0 - 2 0 (0.0%)

Resigned Kenneth URBAN 12 Oct 1993 Investment Banker American 0 - 2 1 (50.0%)

Resigned David Colin, Dr SUMNERS 25 Feb 1994 Investment Banker British 1 - 6 1 (14.3%)

Resigned David Paul SMITH 03 Jun 1993 Investment Banker British 1 - 2 1 (33.3%)

Resigned David Charles SHANNON-ROCHE 25 Feb 1994 Research Analyst Irish 1 - 2 0 (0.0%)

Resigned Byron Scott MINERD 25 Feb 1994 Investment Banker British 0 - 2 0 (0.0%)

Resigned Deborah Carol MCLEAN 31 Dec 1991 Investment Banker Us Citizen 0 - 1 0 (0.0%)

Resigned Miguel CAPARROS 31 Dec 1991 Investment Banker Spanish 0 - 1 0 (0.0%)

Resigned Karl Patrick ESSIG 25 Feb 1994 Investment Banker Us Citizen 0 - 3 1 (33.3%)

Resigned Daniel Robert HEGGLIN 25 Feb 1994 Investment Banker Swiss 0 - 6 0 (0.0%)

Resigned Spencer Charles FLEISCHER 25 Feb 1994 Investment Banker American 0 - 3 1 (33.3%)

Resigned Mario Ivo FRANCESCOTTI 25 Feb 1994 Investment Banker British 0 - 3 0 (0.0%)

Resigned John Joseph STUDZINSKI 25 Feb 1994 Investment Banker American 6 - 20 3 (11.5%)

Resigned Alan Michael GOODHILL 03 Apr 1993 Investment Banker British 0 - 6 2 (33.3%)

Resigned Ned Richards SACHS 31 Mar 1995 Investment Banker Us Citizen 0 - 16 6 (37.5%)

Resigned Galeazzo PECORI GIRALDI 25 Feb 1994 Investment Banker Italian 0 - 5 0 (0.0%)

Resigned John Keith HEPBURN 25 Feb 1994 Investment Banker Canadian 3 - 16 4 (21.1%)

Resigned Robert Edward DIAMOND JR 03 Apr 1993 Investment Banker Us Citizen 0 - 12 3 (25.0%)

Resigned Barry Matthew DAVIS 25 Feb 1994 Investment Banker American 0 - 2 0 (0.0%)

Resigned John Steven Wotjek WARD 12 Apr 1997 Investment Banker British 0 - 12 5 (41.7%)

Resigned William John KNEISEL 03 Apr 1994 Investment Banker Us Citizen 0 - 1 0 (0.0%)

Resigned Peter Lawrence KELLNER 25 Feb 1994 Investment Banker British 0 - 3 1 (33.3%)

Resigned George Michael JAMES 25 Feb 1994 Investment Banker Us Citizen 0 - 3 1 (33.3%)

Resigned Timothy Allen HULTQUIST 25 Feb 1994 Investment Banker Us Citizen 0 - 3 1 (33.3%)

Resigned John Philip HOLLIHAN 25 Feb 1994 Investment Banker British 0 - 3 1 (33.3%)

Resigned Neil Anthony CUMMINS 25 Feb 1994 Investment Banker American 0 - 4 1 (25.0%)

Resigned George Nels FUGELSANG 25 Feb 1994 Investment Banker American 0 - 4 1 (25.0%)

Resigned Keith Clark BROWN 25 Feb 1994 Investment Banker British 1 - 18 2 (10.5%)

Resigned Paul Richard DANIEL 27 Dec 1993 Investment Banker British 0 - 6 1 (16.7%)

Resigned David Otway HAYTHE 25 Feb 1994 Investment Banker British 1 - 4 1 (20.0%)

Number of active directors: 4
Average tenure of active directors: 2.0 years
Average tenure of resigned directors: 1.6 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name

Karl Phillip CHAMBERLAIN
Kevin Patrick O'CONNOR
Hereward Charles TAYLOR
Caroline NICHOLLS

MORGAN STANLEY UK GROUP (01281415) - Active ✔ ✔ ✔ ✔

MORGAN STANLEY SECURITIES LIMITED (02068221) - Active ✔

MORGAN STANLEY GROUP (EUROPE) (02216149) - Active ✔

MORGAN STANLEY SERVICES (UK) LIMITED (02861185) - Active ✔

MORGAN STANLEY UK LIMITED (04071123) - Active ✔ ✔ ✔

MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED (05065987) - Active ✔

MORGAN STANLEY SWALLOW LIMITED (05586578) - Active ✔

MORGAN STANLEY SMITH BARNEY HOLDINGS (UK) LIMITED (06874188) - Active ✔

MORGAN STANLEY CADZAND III LIMITED (FC029062) - Active ✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date

2017-06-22 2016-06-23 2015-11-30 2014-11-30 2013-11-30

MORGAN STANLEY INTERNATIONAL LIMITED ORDINARY $ 10,000,000
100% 0
0% 0
0% 0
0% 0
0%
MORGAN STANLEY INTERNATIONAL LIMITED ORDINARY 8 0
0% 2,147,483,647
55.1% 2,147,483,647
55.1% 0
0% 0
0%
MORGAN STANLEY INTERNATIONAL LIMITED CLASS C NONCUMULATIVE VOTING PREFERENCE 0
0% 865,000,000
22.2% 865,000,000
22.2% 0
0% 0
0%
MORGAN STANLEY INTERNATIONAL LIMITED CLASS B NONCUMULATIVE VOTING PREFERENCE 0
0% 683,439,836
17.5% 683,439,836
17.5% 0
0% 0
0%
MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED CLASS A NONCUMULATIVE NONVOTING PREFERENCE 0
0% 200,000,000
5.13% 0
0% 0
0% 0
0%
MORGAN STANLEY BRAMLEY INVESTMENTS LIMITED CLASS A NONCUMULATIVE NONVOTING PREFERENCE 0
0% 0
0% 200,000,000
5.13% 0
0% 0
0%
MORGAN STANLEY GROUP (EUROPE) CLASS C NONCUMULATIVE VOTING PREFERENCE 0
0% 0
0% 0
0% 865,000,000
35.5% 0
0%
MORGAN STANLEY GROUP (EUROPE) ORDINARY 8 0
0% 0
0% 0
0% 690,356,207
28.3% 0
0%
MORGAN STANLEY GROUP (EUROPE) CLASS B NONCUMULATIVE VOTING PREFERENCE 0
0% 0
0% 0
0% 683,439,836
28.0% 0
0%
MORGAN STANLEY STRATEGIC FUNDING LIMITED CLASS A NONCUMULATIVE VOTING PREFERENCE 0
0% 0
0% 0
0% 200,000,000
8.20% 0
0%
MORGAN STANLEY GROUP (EUROPE) ORDINARY 3 0
0% 0
0% 0
0% 0
0% 690,356,207
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date

2016-06-23 2015-11-30 2015-10-30 2015-09-08 2014-11-30

MORGAN STANLEY UK GROUP ORDINARY 2,147,483,647
100.0% 0
0% 2,147,483,647
100% 200
99.5% 0
0%
MORGAN STANLEY UK GROUP ORDINARY 200
0.000% 0
0% 0
0% 1
0.498% 0
0%
MORGAN STANLEY UK GROUP ORDINARY 1
0.000% 0
0% 0
0% 0
0% 0
0%
MORGAN STANLEY UK GROUP ORDINARY ?1 0
0% 2
100% 0
0% 0
0% 2
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Morgan Stanley International Limited (3584019 - United Kingdom) active

Controlling entities above

MORGAN STANLEY UK GROUP

Controlled companies below

>75%:MORGAN STANLEY SERVICES (UK) LIMITED (02861185 - UK) active
>75%:MORGAN STANLEY UK LIMITED (04071123 - UK) ceased
>75%:MORGAN STANLEY PENSION TRUSTEE LIMITED (06374553 - UK) active
>75%:MORGAN STANLEY INVESTMENTS (UK) (06737611 - UK) ceased
>75%:MORGAN STANLEY AMALTHEA UK LIMITED (05652474 - UK) active

LATE PAYMENTS REPORT

Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report

2024-01-01 2024-06-30 10 1% 0% 88078

2023-07-01 2023-12-31 33 12% 14% 80875

2023-01-01 2023-06-30 75 41% 22% 72870

2022-07-01 2022-12-31 37 16% 15% 66784

2022-01-01 2022-06-30 34 14% 12% 60995

2021-07-01 2021-12-31 39 13% 11% 54049

2021-01-01 2021-06-30 35 10% 16% 48021

2020-07-01 2020-12-31 31 8% 6% 41669

2020-01-01 2020-06-30 28 7% 9% 33587

2019-07-01 2019-12-31 26 8% 7% 26995

2019-01-01 2019-06-30 33 15% 14% 18863

2018-07-01 2018-12-31 29 9% 9% 11516

2018-01-01 2018-06-30 36 7% 11% 3969

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 64999 Financial intermediation not elsewhere classified)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes

GOLDMAN SACHS INTERNATIONAL PLUMTREE COURT, 25 SHOE LANE, LONDON, UNITED KINGDOM, EC4A 4AU 02263951 2017-12-31 5,084,375,000 1,216,406,250

MERRILL LYNCH INTERNATIONAL 2 KING EDWARD STREET, LONDON, EC1A 1HQ 02312079 2017-12-31 5,047,000,000 618,000,000

VISA EUROPE LIMITED 1 SHELDON SQUARE, LONDON, W2 6TT 05139966 2017-09-30 2,449,333,000 1,042,957,000

BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED 12 THROGMORTON AVENUE, LONDON, EC2N 2DL 02020394 2018-11-30 1,581,715,000 382,318,000 66300-Fund management activities

3I GROUP PLC 16 PALACE STREET, LONDON, SW1E 5JD 01142830 2018-03-31 1,552,000,000 1,425,000,000

NOMURA INTERNATIONAL PLC 1 ANGEL LANE, LONDON, EC4R 3AB 01550505 2018-03-31 1,510,860,000 -230,314,000

MERCEDES-BENZ FINANCIAL SERVICES UK LIMITED DELAWARE DRIVE, TONGWELL, MILTON KEYNES, BUCKINGHAMSHIRE, MK15 8BA 02472364 2016-12-31 1,279,375,000 82,125,000

MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED 20 BANK STREET, CANARY WHARF, LONDON, E14 4AD 05065987 2017-12-31 1,148,472,000 -31,340,000

M & G. SECURITIES LIMITED 10 FENCHURCH AVENUE, LONDON, EC3M 5AG 00090776 2017-12-31 931,982,000 176,468,000

TESCO PERSONAL FINANCE PLC 2 SOUTH GYLE CRESCENT, EDINBURGH, UNITED KINGDOM, EH12 9FQ SC173199 2018-02-28 859,600,000 141,100,000

MBNA LIMITED CAWLEY HOUSE, CHESTER BUSINESS PARK, CHESTER, UNITED KINGDOM, CH4 9FB 02783251 2017-12-31 804,604,000 -8,212,000

JPMORGAN ASSET MANAGEMENT (UK) LIMITED 25 BANK STREET, CANARY WHARF, LONDON, E14 5JP 01161446 2017-12-31 752,074,000 184,474,000

SCHRODER INVESTMENT MANAGEMENT LIMITED 1 LONDON WALL PLACE, LONDON, ENGLAND, EC2Y 5AU 01893220 2018-12-31 747,900,000 187,400,000 66300-Fund management activities

PRUDENTIAL DISTRIBUTION LIMITED 5 CENTRAL WAY, KILDEAN BUSINESS PARK, STIRLING, UNITED KINGDOM, FK8 1FT SC212640 2017-12-31 686,801,000 1,849,000

CLOSE BROTHERS LIMITED 10 CROWN PLACE, LONDON, EC2A 4FT 00195626 2018-07-31 600,400,000 186,800,000

INTERMEDIATE CAPITAL GROUP PLC PROCESSION HOUSE, 55 LUDGATE HILL, LONDON, UNITED KINGDOM, EC4M 7JW 02234775 2018-03-31 600,000,000 250,800,000

ABERDEEN ASSET MANAGERS LIMITED 1 GEORGE STREET, EDINBURGH, UNITED KINGDOM, EH2 2LL SC108419 2017-12-31 555,350,000 63,581,000

BLACKROCK ADVISORS (UK) LIMITED 12 THROGMORTON AVENUE, LONDON, EC2N 2DL 00796793 2018-11-30 530,740,000 355,027,000 66300-Fund management activities

FITCH RATINGS LTD 30 NORTH COLONNADE, LONDON, E14 5GN 01316230 2017-12-31 487,401,000 152,359,000

INVESCO FUND MANAGERS LIMITED PERPETUAL PARK, PERPETUAL PARK DRIVE, HENLEY-ON-THAMES, OXFORDSHIRE, UNITED KINGDOM, RG9 1HH 00898166 2017-12-31 471,735,000 181,282,000 66300-Fund management activities

JUPITER UNIT TRUST MANAGERS LIMITED THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON, ENGLAND, SW1E 6SQ 02009040 2017-12-31 462,600,000 101,100,000

JUPITER FUND MANAGEMENT PLC THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON, ENGLAND, SW1E 6SQ 06150195 2017-12-31 460,200,000 154,800,000

UBS LIMITED 5 BROADGATE, LONDON, UNITED KINGDOM, EC2M 2QS 02035362 2017-12-31 456,000,000 114,000,000

JEFFERIES INTERNATIONAL LIMITED 100 BISHOPSGATE, LONDON, ENGLAND, EC2N 4JL 01978621 2018-11-30 424,581,000 -10,426,000

BARCLAYS CAPITAL SECURITIES LIMITED 1 CHURCHILL PLACE, LONDON, E14 5HP 01929333 2017-12-31 378,892,000 51,652,000

J.P. MORGAN INTERNATIONAL BANK LIMITED 25 BANK STREET, CANARY WHARF, LONDON, E14 5JP 03838766 2017-12-31 358,021,000 4,320,000 66120-Security and commodity contracts dealing activities

MORGAN STANLEY UK GROUP LEGAL DEPARTMENT, 25 CABOT SQUARE, CANARY WHARF, LONDON, E14 4QA 01281415 2017-12-31 229,087,000 331,089,000

PIRELLI INTERNATIONAL PLC PIRELLI, DERBY ROAD, BURTON-ON-TRENT, STAFFORDSHIRE, DE13 0BH 04108548 2017-12-31 312,222,000 6,560,000

HENDERSON INVESTMENT FUNDS LIMITED 201 BISHOPSGATE, LONDON, EC2M 3AE 02678531 2017-12-31 305,560,000 4,186,000

THREADNEEDLE INVESTMENT SERVICES LIMITED CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AG 03701768 2017-12-31 302,341,000 22,407,000

LOMBARD NORTH CENTRAL PUBLIC LIMITED COMPANY 250 BISHOPSGATE, LONDON, ENGLAND, EC2M 4AA 00337004 2017-12-31 302,000,000 184,000,000

BREWIN DOLPHIN LIMITED 12 SMITHFIELD STREET, LONDON, EC1A 9BD 02135876 2017-09-30 295,136,000 45,125,000

INVESTEC WEALTH & INVESTMENT LIMITED 30 GRESHAM STREET, LONDON, ENGLAND, EC2V 7QN 02122340 2018-03-31 280,283,000 58,915,000

JUPITER ASSET MANAGEMENT LIMITED THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON, ENGLAND, SW1E 6SQ 02036243 2017-12-31 278,100,000 145,600,000

3I PLC 16 PALACE STREET, LONDON, SW1E 5JD 00397156 2018-03-31 277,421,000 83,511,000

ICE FUTURES EUROPE 2ND FLOOR, SANCROFT ROSE STREET, PATERNOSTER SQUARE, LONDON, UNITED KINGDOM, EC4M 7DQ 01528617 2017-12-31 276,649,000 120,280,000 82990-Other business support service activities not elsewhere classified

CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED 65 GRESHAM STREET, LONDON, ENGLAND, EC2V 7NQ 02424853 2017-12-31 274,932,193 -7,799,422

LLOYDS BANK ASSET FINANCE LIMITED 25 GRESHAM STREET, LONDON, EC2V 7HN 00615235 2017-12-31 22,000,000 272,000,000

REUTERS TRANSACTION SERVICES LIMITED FIVE CANADA SQUARE, CANARY WHARF, LONDON, ENGLAND, E14 5AQ 02089076 2017-12-31 266,149,000 -7,903,000 66190-Activities auxiliary to financial intermediation not elsewhere classified

MARKS AND SPENCER FINANCIAL SERVICES PLC KINGS MEADOW, CHESTER BUSINESS PARK, CHESTER, UNITED KINGDOM, CH99 9FB 01772585 2018-12-31 248,750,000 19,043,000

JPMORGAN FUNDS LIMITED 3 LOCHSIDE VIEW, EDINBURGH PARK, EH12 9DH SC019438 2017-12-31 248,051,000 25,477,000

WALTER SCOTT & PARTNERS LIMITED ONE, CHARLOTTE SQUARE, EDINBURGH, EH2 4DR SC093685 2017-12-31 237,997,000 130,470,000

THE MORTGAGE BUSINESS PUBLIC LIMITED COMPANY TRINITY, ROAD, HALIFAX, HX1 2RG 01997277 2017-12-31 233,017,000 101,482,000

GS FUNDING EUROPE III LTD PLUMTREE COURT, 25 SHOE LANE, LONDON, UNITED KINGDOM, EC4A 4AU 10491963 2017-12-31 229,206,923 25,640,769

J O HAMBRO CAPITAL MANAGEMENT LIMITED LEVEL 3, 1 ST. JAMES'S MARKET, LONDON, ENGLAND, SW1Y 4AH 02176004 2018-09-30 228,500,000 100,900,000

MACQUARIE INVESTMENTS (UK) LIMITED ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD 04104671 2018-03-31 226,679,344 220,570,593

RBS INVOICE FINANCE LIMITED 250 BISHOPSGATE, LONDON, ENGLAND, EC2M 4AA 00662221 2017-12-31 215,628,000 88,899,000

BNP PARIBAS COMMODITY FUTURES LIMITED 10 HAREWOOD AVENUE, LONDON, NW1 6AA 02391477 2017-12-31 215,204,000 41,326,000

CMC MARKETS UK PLC 133 HOUNDSDITCH, LONDON, EC3A 7BX 02448409 2018-03-31 212,714,000 41,807,000

IG INDEX LIMITED CANNON BRIDGE HOUSE, 25 DOWGATE HILL, LONDON, EC4R 2YA 01190902 2018-05-31 200,400,000 75,000,000

ESURE SERVICES LIMITED THE OBSERVATORY, REIGATE, SURREY, RH2 0SG 02135610 2017-12-31 193,200,000 6,200,000 82990-Other business support service activities not elsewhere classified

DILIGENTA LIMITED LYNCH WOOD, PETERBOROUGH, CAMBRIDGESHIRE, PE2 6FY 05535029 2018-03-31 191,828,000 3,513,000

MAREX FINANCIAL LIMITED 155 BISHOPSGATE, LONDON, EC2M 3TQ 05613061 2017-12-31 189,900,000 14,617,000

VAUXHALL FINANCE PLC 4TH FLOOR CUMBERLAND HOUSE 15-17, CUMBERLAND PLACE, SOUTHAMPTON, SO15 2BG 00275607 2017-12-31 184,922,000 187,088,000

STANDARD LIFE INVESTMENTS (MUTUAL FUNDS) LIMITED 7 CASTLE STREET, EDINBURGH, EH2 3AH SC123322 2017-12-31 179,816,000 65,548,000

MACQUARIE CAPITAL (EUROPE) LIMITED ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD 03704031 2018-03-31 179,602,040 -13,292,802

GOOGLE PAYMENT LIMITED 5 NEW STREET SQUARE, LONDON, EC4A 3TW 05903713 2017-12-31 175,603,365 8,113,343

THAMES WATER UTILITIES FINANCE PLC CLEARWATER COURT, VASTERN ROAD, READING, BERKSHIRE, RG1 8DB 02403744 2018-03-31 173,300,000 37,000,000

SCOTTISH WIDOWS UNIT TRUST MANAGERS LIMITED 25 GRESHAM STREET, LONDON, UNITED KINGDOM, EC2V 7HN 01629925 2018-12-31 168,916,000 36,859,000

ELQ INVESTORS II LTD PLUMTREE COURT, 25 SHOE LANE, LONDON, UNITED KINGDOM, EC4A 4AU 06375035 2017-12-31 166,924,257 29,203,984

LEGG MASON INVESTMENTS (EUROPE) LIMITED 1 MORE LONDON PLACE, LONDON, SE1 2AF 01732037 2018-03-31 157,205,000 15,063,000

STATE STREET GLOBAL ADVISORS LIMITED 20 CHURCHILL PLACE, CANARY WHARF, LONDON, E14 5HJ 02509928 2017-12-31 156,152,487 35,190,540

PRUTEC LIMITED FORVIS MAZARS LLP, 1ST FLOOR, TWO CHAMBERLAIN SQUARE, BIRMINGHAM, B3 3AX 01508295 2017-12-31 154,048,154 117,712,728

FIL PENSIONS MANAGEMENT BEECH GATE MILLFIELD LANE, LOWER KINGSWOOD, TADWORTH, SURREY, UNITED KINGDOM, KT20 6RP 02015142 2018-06-30 152,568,000 14,394,000

CABOT FINANCIAL (UK) LIMITED 1 KINGS HILL AVENUE, KINGS HILL, WEST MALLING, KENT, ME19 4UA 03757424 2017-12-31 151,802,000 -2,137,000

HERMES FUND MANAGERS LIMITED SIXTH FLOOR, 150, CHEAPSIDE, LONDON, ENGLAND, EC2V 6ET 01661776 2018-12-31 151,718,000 -38,368,000

CHARLES STANLEY & CO. LIMITED ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON, ENGLAND, EC2Y 9LY 01903304 2018-03-31 149,200,000 9,649,000

EXANE LIMITED ONE, HANOVER STREET, LONDON, W1S 1YZ 02937460 2017-12-31 145,949,097 66,927,563

PROVIDENT FINANCIAL MANAGEMENT SERVICES LIMITED NO. 1, GODWIN STREET, BRADFORD, WEST YORKSHIRE, BD1 2SU 00328933 2018-12-31 143,200,000 -6,200,000

COMPUTERSHARE MORTGAGE SERVICES LIMITED THE PAVILIONS, BRIDGWATER ROAD, BRISTOL, AVON, BS13 8AE 02466320 2018-06-30 137,948,000 21,936,000

FIRST STATE INVESTMENT SERVICES (UK) LIMITED FINSBURY CIRCUS HOUSE, 15 FINSBURY CIRCUS, LONDON, ENGLAND, EC2M 7EB 03904320 2018-06-30 133,745,000 21,868,000

MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD 07438584 2018-03-31 133,432,802 126,799,622

EURONET PAYMENT SERVICES LIMITED PART 7TH FLOOR, NORTH BLOCK, 55 BAKER STREET, LONDON, UNITED KINGDOM, W1U 7EU 06975932 2017-12-31 132,467,033 0

RECLAIM FUND LTD 27 OLD GLOUCESTER STREET, LONDON, UNITED KINGDOM, WC1N 3AX 07344884 2017-12-31 121,903,000 -240,000 66300-Fund management activities

LANARK FUNDING LIMITED SUITE 2, 7TH FLOOR, 50 BROADWAY, LONDON, ENGLAND, SW1H 0DB 06302746 2018-09-30 120,513,000 10,000

INSIGHT INVESTMENT FUNDS MANAGEMENT LIMITED 160 QUEEN VICTORIA STREET, LONDON, EC4V 4LA 01835691 2017-12-31 120,363,000 37,399,000

PGIM LIMITED GRAND BUILDINGS, 1-3 STRAND, TRAFALGAR SQUARE, LONDON, WC2N 5HR 03809039 2017-12-31 120,285,295 6,308,908

FIRST STATE INVESTMENTS (UK) LIMITED FINSBURY CIRCUS HOUSE, 15 FINSBURY CIRCUS, LONDON, ENGLAND, EC2M 7EB 02294743 2018-06-30 120,234,000 8,827,000

AEQUOR INVESTMENTS LIMITED 1 CHURCHILL PLACE, LONDON, E14 5HP 07662889 2017-12-31 119,857,033 -1,165,764

HBOS INVESTMENT FUND MANAGERS LIMITED TRINITY ROAD, HALIFAX, WEST YORKSHIRE, HX1 2RG 00941082 2018-12-31 117,999,000 49,163,000

FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6HL 01902009 2018-09-30 117,402,000 27,786,000

M&G ALTERNATIVES INVESTMENT MANAGEMENT LIMITED 10 FENCHURCH AVENUE, LONDON, EC3M 5AG 02059989 2017-12-31 116,901,000 45,846,000

BARCLAYS ALDERSGATE INVESTMENTS LIMITED 1 CHURCHILL PLACE, LONDON, E14 5HP 02223073 2017-12-31 102,344,356 116,501,501

GREENSILL CAPITAL (UK) LIMITED 11TH FLOOR, LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB 08126173 2017-12-31 115,850,000 31,944,000

CL & CO. MANAGEMENT SERVICES LTD 64 NORTH ROW, LONDON, ENGLAND, W1K 7DA 02071658 2018-04-30 115,290,730 21,042,888

CAMPBELL LUTYENS & CO. LTD 64 NORTH ROW, LONDON, ENGLAND, W1K 7DA 04112016 2018-04-30 114,849,798 106,615

HARVEY & THOMPSON LIMITED TIMES HOUSE, THROWLEY WAY, SUTTON, SURREY, SM1 4AF 02636684 2017-12-31 110,333,000 11,445,000

M & G INTERNATIONAL INVESTMENTS LIMITED LAURENCE POUNTNEY HILL, LONDON, EC4R 0HH 04134655 2017-12-31 110,327,000 34,574,000

COFUNDS LIMITED LEVEL 26 THE LEADENHALL BUILDING, 122 LEADENHALL STREET, LONDON, UNITED KINGDOM, EC3V 4AB 03965289 2017-12-31 108,675,000 -23,096,000

KAMES CAPITAL PLC 3 LOCHSIDE CRESCENT, EDINBURGH, SCOTLAND, EH12 9SA SC113505 2017-12-31 108,561,000 9,057,000

FNZ (UK) LTD 10TH FLOOR, 135 BISHOPSGATE, LONDON, UNITED KINGDOM, EC2M 3TP 05435760 2017-12-31 107,613,000 20,314,000

SILCHESTER PARTNERS LIMITED TIME & LIFE BUILDING, 1 BRUTON STREET, LONDON, W1J 6TL 03000514 2018-03-31 75,987,121 107,310,281

WINTERFLOOD SECURITIES LIMITED RIVERBANK HOUSE, 2 SWAN LANE, LONDON, UNITED KINGDOM, EC4R 3GA 02242204 2018-07-31 104,876,063 20,562,119

MAREX SPECTRON INTERNATIONAL LIMITED 155 BISHOPSGATE, LONDON, EC2M 3TQ 03938219 2017-12-31 102,412,000 -962,000

CLOSE ASSET MANAGEMENT LIMITED 10 CROWN PLACE, LONDON, EC2A 4FT 01644127 2018-07-31 102,135,000 15,975,000

INTELLIGENT PROCESSING SOLUTIONS LIMITED ENIGMA, WAVENDON BUSINESS PARK, MILTON KEYNES, ENGLAND, MK17 8LX 04007855 2017-12-31 98,786,000 22,290,000

PRA GROUP (UK) LIMITED LEVEL 11 RIVERSIDE HOUSE, 2A SOUTHWARK BRIDGE ROAD, LONDON, ENGLAND, SE1 9HA 04267803 2017-12-31 98,581,000 13,017,000

INVESTEC FUND MANAGERS LIMITED 55 GRESHAM STREET, LONDON, ENGLAND, EC2V 7EL 02392609 2018-03-31 98,227,000 8,287,000

FITCH SOLUTIONS LIMITED 30 NORTH COLONNADE, LONDON, E14 5GN 07984075 2017-12-31 97,963,361 23,532,719

STANDARD LIFE INVESTMENTS (CORPORATE FUNDS) LIMITED 1 GEORGE STREET, EDINBURGH, EH2 2LL SC111488 2017-12-31 96,951,000 5,012,000

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence

MORGAN STANLEY UK GROUP 1.5% 2.4% 3.7% Medium

Other companies Active in the same sector 0.8% 3.3% 7.1% Medium

Expanded sample 1.5% 2.4% 3.7% Medium

Age 0.4% 1.4% 2.7% Medium

Company Type 0.8% 2.9% 4.4% Medium

Accounts category 0.7% 2.2% 3.8% Medium

Accounting Month 0.6% 2.4% 5.5% Medium

Sic code count 0.7% 3.5% 7.0% Medium

Get Valuation report (beta)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2017	USD	-71,287.96%	-7,433,014,000	7,443,440,745	10,426,745	3,726,559,745
31-Dec-2014	USD	inf%	-2,438,796,000	2,438,796,000	0	1,218,727,500
31-Dec-2013	USD	71.69%	1,748,440,000	690,356,000	2,438,796,000	1,563,901,000
31-Dec-2011	USD	100.00%	994,533,000	28,813	994,561,813	496,746,313

Status	Name	Appointed on	Resigned on	Nationality	All apointments (active/resigned)
Resigned	Jonathan Watson HAILE	11 Dec 2014	31 Mar 2023		0 - 1
Active	Paul Eugene BARTLETT	21 May 2013	04 Oct 2024		1 - 0
Resigned	Mary Josephine Margaret MCNALTY	02 Oct 2008	29 Apr 2013	British	0 - 31
Resigned	Lisa Anne MARVIN	31 Jan 2007	02 Oct 2008	British	0 - 92
Resigned	Mary Elizabeth GLEDHILL	01 Sep 2000	31 Dec 2006	British	0 - 86
Resigned	Richard Scott ROSENTHAL	26 Aug 1993	05 Jun 2008	United States	0 - 46
Resigned	Ronald Simon KENT		26 Aug 1993	British	0 - 15

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Karl Phillip CHAMBERLAIN	13 May 2024		Managing Director	British	3 - 0	0 (0.0%)
Active	Kevin Patrick O'CONNOR	09 May 2023		Managing Director	American	8 - 0	0 (0.0%)
Active	Hereward Charles TAYLOR	23 Nov 2022		Accountant	British	2 - 0	0 (0.0%)
Resigned	Caroline NICHOLLS	21 Apr 2020	13 May 2024	Company Director	British	0 - 3	0 (0.0%)
Active	Caroline NICHOLLS	21 Apr 2020		Company Director	British	1 - 0	0 (0.0%)
Resigned	Anthony Philip MULLINEAUX	23 Jan 2019	16 Nov 2022	Accountant	British	4 - 3	1 (14.3%)
Resigned	Kim Maree LAZAROO	07 Dec 2015	24 Jan 2019	Accountant	Australian	3 - 7	1 (10.0%)
Resigned	Jonathan David BENDALL	13 Nov 2014	31 Jan 2020	Banker	British	0 - 9	1 (11.1%)
Resigned	Susan Elizabeth WATTS	15 Nov 2011	09 May 2023	Managing Director	British	3 - 16	4 (21.1%)
Resigned	David Richardson NICOL	15 Nov 2006	31 Dec 2010	Investment Banker	British	1 - 19	1 (5.0%)
Resigned	Malcolm Peter BRYANT	19 Dec 2005	03 Nov 2014	Investment Banker	British	0 - 6	1 (16.7%)
Resigned	Mary Elizabeth GLEDHILL	26 Sep 2003	10 Oct 2003	Chartered Secretary	British	0 - 86	42 (48.8%)
Resigned	Stephen Alec SOUCHON	15 Nov 2002	10 Nov 2015	Accountant	British	3 - 22	11 (44.0%)
Resigned	Jeffrey Robert PELLET	06 Aug 2002	09 Dec 2005	Banker	American	0 - 4	2 (50.0%)
Resigned	Amelia Chilcott FAWCETT	13 May 1997	29 Sep 2006	Lawyer/Investment Banker	British,American	4 - 29	7 (21.2%)
Resigned	David Alan, Sir WALKER	02 Dec 1994	31 Dec 2000	Investment Banker	British	0 - 26	9 (34.6%)
Resigned	Lisa COLBY-JONES	16 Aug 1994	24 Jul 1995	Investment Banker	Usa	0 - 12	6 (50.0%)
Resigned	Richard Scott ROSENTHAL	25 Feb 1994	01 Sep 2011	Lawyer	United States	0 - 46	21 (45.7%)
Resigned	John Steven Wotjek WARD	24 Jan 1994	12 Apr 1997	Investment Banker	British	0 - 12	5 (41.7%)
Resigned	Jeffrey SALZMAN	24 Jan 1994	25 Feb 1994	Director	Us Citizen	0 - 2	0 (0.0%)
Resigned	Patrick DE SAINT AIGNAN	09 Nov 1993	25 Feb 1994	Managing Director	French	0 - 2	0 (0.0%)
Resigned	George Nels FUGELSANG	13 Oct 1993	25 Feb 1994	Investment Banker	American	0 - 4	1 (25.0%)
Resigned	Hans-Peter PETERS	12 Oct 1993	25 Feb 1994	Managing Director	German	0 - 6	3 (50.0%)
Resigned	Peter Karl SCHUMANN	02 Jun 1992	25 Feb 1994	Investment Banker	American	0 - 2	0 (0.0%)
Resigned	Stephen Mitchell WATERS	02 Jun 1992	12 Feb 1996	Investment Banker	Us Citizen	0 - 9	2 (22.2%)
Resigned	Robert Anthony METZLER	02 Jun 1992	16 Jan 1997	Investment Banker	Us Citizen	0 - 7	0 (0.0%)
Resigned	Frederick Brewer De Hamel KROM	02 Jun 1992	25 Feb 1994	Investment Banker	Us Citizen	0 - 2	0 (0.0%)
Resigned	Kenneth DE REGT	02 Jun 1992	03 Jun 1993	Investment Banker	Us Citizen	0 - 1	0 (0.0%)
Resigned	Erich Harald POHL	01 Jan 1992	15 Oct 1992	Investment Banker	British	0 - 2	0 (0.0%)
Resigned	Charles Gerald Thoroton STONEHILL	01 Jan 1992	25 Feb 1994	Investment Banker	British	0 - 7	3 (42.9%)
Resigned	David Brooks GENDRON	01 Jan 1992	04 Oct 1993	Treasurer - Head Of Operations	Usa	0 - 31	18 (58.1%)
Resigned	Richard Geradus GOULD	01 Jan 1992	25 Feb 1994	Investment Banker	British	0 - 2	0 (0.0%)
Resigned	Peter Dominic CALDECOTT	01 Jan 1992	25 Feb 1994	Investment Banker	British	0 - 4	0 (0.0%)
Resigned	Keith Clark BROWN	21 Jun 1991	25 Feb 1994	Investment Banker	British	1 - 18	2 (10.5%)
Resigned	Thierry Georges PORTE		25 Feb 1994	Investment Banker	Us & French	0 - 4	1 (25.0%)
Resigned	David Ivor NEESON		01 Oct 1992	Investment Banker	British	0 - 9	4 (44.4%)
Resigned	Joseph Patrick O'CONNOR JR		25 Feb 1994	Investment Banker	Us Citizen	0 - 1	0 (0.0%)
Resigned	Stephen Charles BUTT		25 Feb 1994	Investment Banker	British	3 - 4	0 (0.0%)
Resigned	Simon Patrick ORME		06 Sep 1993	Investment Banker	American	0 - 6	2 (33.3%)
Resigned	Peter O'SHEA		25 Feb 1994	Investment Banker	Irish	0 - 7	1 (14.3%)
Resigned	David Howard BLAIR		03 Jun 1993	Investment Banker	Us Citizen	0 - 2	0 (0.0%)
Resigned	Robert Garland SCOTT		25 Feb 1994	Investment Banker	American	0 - 2	0 (0.0%)
Resigned	Naneen Hunter NEUBOHN		25 Feb 1994	Investment Banker	Us Citizen	0 - 3	1 (33.3%)
Resigned	Martin David ANGLE		31 Dec 1991	Investment Banker	British	2 - 12	1 (7.1%)
Resigned	William Dunaham BIRCH		31 Dec 1991	Investment Banker	Us Citizen	0 - 1	0 (0.0%)
Resigned	Robert Charles WHITEHAND		25 Feb 1994	Investment Banker	British	2 - 7	4 (44.4%)
Resigned	John Charles WELLEMEYER		25 Feb 1994	Investment Banker	Us Citizen	0 - 2	0 (0.0%)
Resigned	Francis Thomas VIVEASH		25 Feb 1994	Investment Banker	British	0 - 2	0 (0.0%)
Resigned	Kenneth URBAN		12 Oct 1993	Investment Banker	American	0 - 2	1 (50.0%)
Resigned	David Colin, Dr SUMNERS		25 Feb 1994	Investment Banker	British	1 - 6	1 (14.3%)
Resigned	David Paul SMITH		03 Jun 1993	Investment Banker	British	1 - 2	1 (33.3%)
Resigned	David Charles SHANNON-ROCHE		25 Feb 1994	Research Analyst	Irish	1 - 2	0 (0.0%)
Resigned	Byron Scott MINERD		25 Feb 1994	Investment Banker	British	0 - 2	0 (0.0%)
Resigned	Deborah Carol MCLEAN		31 Dec 1991	Investment Banker	Us Citizen	0 - 1	0 (0.0%)
Resigned	Miguel CAPARROS		31 Dec 1991	Investment Banker	Spanish	0 - 1	0 (0.0%)
Resigned	Karl Patrick ESSIG		25 Feb 1994	Investment Banker	Us Citizen	0 - 3	1 (33.3%)
Resigned	Daniel Robert HEGGLIN		25 Feb 1994	Investment Banker	Swiss	0 - 6	0 (0.0%)
Resigned	Spencer Charles FLEISCHER		25 Feb 1994	Investment Banker	American	0 - 3	1 (33.3%)
Resigned	Mario Ivo FRANCESCOTTI		25 Feb 1994	Investment Banker	British	0 - 3	0 (0.0%)
Resigned	John Joseph STUDZINSKI		25 Feb 1994	Investment Banker	American	6 - 20	3 (11.5%)
Resigned	Alan Michael GOODHILL		03 Apr 1993	Investment Banker	British	0 - 6	2 (33.3%)
Resigned	Ned Richards SACHS		31 Mar 1995	Investment Banker	Us Citizen	0 - 16	6 (37.5%)
Resigned	Galeazzo PECORI GIRALDI		25 Feb 1994	Investment Banker	Italian	0 - 5	0 (0.0%)
Resigned	John Keith HEPBURN		25 Feb 1994	Investment Banker	Canadian	3 - 16	4 (21.1%)
Resigned	Robert Edward DIAMOND JR		03 Apr 1993	Investment Banker	Us Citizen	0 - 12	3 (25.0%)
Resigned	Barry Matthew DAVIS		25 Feb 1994	Investment Banker	American	0 - 2	0 (0.0%)
Resigned	John Steven Wotjek WARD		12 Apr 1997	Investment Banker	British	0 - 12	5 (41.7%)
Resigned	William John KNEISEL		03 Apr 1994	Investment Banker	Us Citizen	0 - 1	0 (0.0%)
Resigned	Peter Lawrence KELLNER		25 Feb 1994	Investment Banker	British	0 - 3	1 (33.3%)
Resigned	George Michael JAMES		25 Feb 1994	Investment Banker	Us Citizen	0 - 3	1 (33.3%)
Resigned	Timothy Allen HULTQUIST		25 Feb 1994	Investment Banker	Us Citizen	0 - 3	1 (33.3%)
Resigned	John Philip HOLLIHAN		25 Feb 1994	Investment Banker	British	0 - 3	1 (33.3%)
Resigned	Neil Anthony CUMMINS		25 Feb 1994	Investment Banker	American	0 - 4	1 (25.0%)
Resigned	George Nels FUGELSANG		25 Feb 1994	Investment Banker	American	0 - 4	1 (25.0%)
Resigned	Keith Clark BROWN		25 Feb 1994	Investment Banker	British	1 - 18	2 (10.5%)
Resigned	Paul Richard DANIEL		27 Dec 1993	Investment Banker	British	0 - 6	1 (16.7%)
Resigned	David Otway HAYTHE		25 Feb 1994	Investment Banker	British	1 - 4	1 (20.0%)

Name	Karl Phillip CHAMBERLAIN	Kevin Patrick O'CONNOR	Hereward Charles TAYLOR	Caroline NICHOLLS
MORGAN STANLEY UK GROUP (01281415) - Active	✔	✔	✔	✔
MORGAN STANLEY SECURITIES LIMITED (02068221) - Active		✔
MORGAN STANLEY GROUP (EUROPE) (02216149) - Active		✔
MORGAN STANLEY SERVICES (UK) LIMITED (02861185) - Active	✔
MORGAN STANLEY UK LIMITED (04071123) - Active	✔	✔	✔
MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED (05065987) - Active		✔
MORGAN STANLEY SWALLOW LIMITED (05586578) - Active		✔
MORGAN STANLEY SMITH BARNEY HOLDINGS (UK) LIMITED (06874188) - Active		✔
MORGAN STANLEY CADZAND III LIMITED (FC029062) - Active		✔

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2017-06-22	2016-06-23	2015-11-30	2014-11-30	2013-11-30
MORGAN STANLEY INTERNATIONAL LIMITED	ORDINARY $	10,000,000 100%	0 0%	0 0%	0 0%	0 0%
MORGAN STANLEY INTERNATIONAL LIMITED	ORDINARY 8	0 0%	2,147,483,647 55.1%	2,147,483,647 55.1%	0 0%	0 0%
MORGAN STANLEY INTERNATIONAL LIMITED	CLASS C NONCUMULATIVE VOTING PREFERENCE	0 0%	865,000,000 22.2%	865,000,000 22.2%	0 0%	0 0%
MORGAN STANLEY INTERNATIONAL LIMITED	CLASS B NONCUMULATIVE VOTING PREFERENCE	0 0%	683,439,836 17.5%	683,439,836 17.5%	0 0%	0 0%
MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED	CLASS A NONCUMULATIVE NONVOTING PREFERENCE	0 0%	200,000,000 5.13%	0 0%	0 0%	0 0%
MORGAN STANLEY BRAMLEY INVESTMENTS LIMITED	CLASS A NONCUMULATIVE NONVOTING PREFERENCE	0 0%	0 0%	200,000,000 5.13%	0 0%	0 0%
MORGAN STANLEY GROUP (EUROPE)	CLASS C NONCUMULATIVE VOTING PREFERENCE	0 0%	0 0%	0 0%	865,000,000 35.5%	0 0%
MORGAN STANLEY GROUP (EUROPE)	ORDINARY 8	0 0%	0 0%	0 0%	690,356,207 28.3%	0 0%
MORGAN STANLEY GROUP (EUROPE)	CLASS B NONCUMULATIVE VOTING PREFERENCE	0 0%	0 0%	0 0%	683,439,836 28.0%	0 0%
MORGAN STANLEY STRATEGIC FUNDING LIMITED	CLASS A NONCUMULATIVE VOTING PREFERENCE	0 0%	0 0%	0 0%	200,000,000 8.20%	0 0%
MORGAN STANLEY GROUP (EUROPE)	ORDINARY 3	0 0%	0 0%	0 0%	0 0%	690,356,207 100%

Company name	Share class	Shares at confimation date
Company name	Share class	2016-06-23	2015-11-30	2015-10-30	2015-09-08	2014-11-30
MORGAN STANLEY UK GROUP	ORDINARY	2,147,483,647 100.0%	0 0%	2,147,483,647 100%	200 99.5%	0 0%
MORGAN STANLEY UK GROUP	ORDINARY	200 0.000%	0 0%	0 0%	1 0.498%	0 0%
MORGAN STANLEY UK GROUP	ORDINARY	1 0.000%	0 0%	0 0%	0 0%	0 0%
MORGAN STANLEY UK GROUP	ORDINARY ?1	0 0%	2 100%	0 0%	0 0%	2 100%

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2024-01-01	2024-06-30	10	1%	0%	88078
2023-07-01	2023-12-31	33	12%	14%	80875
2023-01-01	2023-06-30	75	41%	22%	72870
2022-07-01	2022-12-31	37	16%	15%	66784
2022-01-01	2022-06-30	34	14%	12%	60995
2021-07-01	2021-12-31	39	13%	11%	54049
2021-01-01	2021-06-30	35	10%	16%	48021
2020-07-01	2020-12-31	31	8%	6%	41669
2020-01-01	2020-06-30	28	7%	9%	33587
2019-07-01	2019-12-31	26	8%	7%	26995
2019-01-01	2019-06-30	33	15%	14%	18863
2018-07-01	2018-12-31	29	9%	9%	11516
2018-01-01	2018-06-30	36	7%	11%	3969

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
GOLDMAN SACHS INTERNATIONAL	PLUMTREE COURT, 25 SHOE LANE, LONDON, UNITED KINGDOM, EC4A 4AU	02263951	2017-12-31	5,084,375,000	1,216,406,250
MERRILL LYNCH INTERNATIONAL	2 KING EDWARD STREET, LONDON, EC1A 1HQ	02312079	2017-12-31	5,047,000,000	618,000,000
VISA EUROPE LIMITED	1 SHELDON SQUARE, LONDON, W2 6TT	05139966	2017-09-30	2,449,333,000	1,042,957,000
BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED	12 THROGMORTON AVENUE, LONDON, EC2N 2DL	02020394	2018-11-30	1,581,715,000	382,318,000	66300-Fund management activities
3I GROUP PLC	16 PALACE STREET, LONDON, SW1E 5JD	01142830	2018-03-31	1,552,000,000	1,425,000,000
NOMURA INTERNATIONAL PLC	1 ANGEL LANE, LONDON, EC4R 3AB	01550505	2018-03-31	1,510,860,000	-230,314,000
MERCEDES-BENZ FINANCIAL SERVICES UK LIMITED	DELAWARE DRIVE, TONGWELL, MILTON KEYNES, BUCKINGHAMSHIRE, MK15 8BA	02472364	2016-12-31	1,279,375,000	82,125,000
MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED	20 BANK STREET, CANARY WHARF, LONDON, E14 4AD	05065987	2017-12-31	1,148,472,000	-31,340,000
M & G. SECURITIES LIMITED	10 FENCHURCH AVENUE, LONDON, EC3M 5AG	00090776	2017-12-31	931,982,000	176,468,000
TESCO PERSONAL FINANCE PLC	2 SOUTH GYLE CRESCENT, EDINBURGH, UNITED KINGDOM, EH12 9FQ	SC173199	2018-02-28	859,600,000	141,100,000
MBNA LIMITED	CAWLEY HOUSE, CHESTER BUSINESS PARK, CHESTER, UNITED KINGDOM, CH4 9FB	02783251	2017-12-31	804,604,000	-8,212,000
JPMORGAN ASSET MANAGEMENT (UK) LIMITED	25 BANK STREET, CANARY WHARF, LONDON, E14 5JP	01161446	2017-12-31	752,074,000	184,474,000
SCHRODER INVESTMENT MANAGEMENT LIMITED	1 LONDON WALL PLACE, LONDON, ENGLAND, EC2Y 5AU	01893220	2018-12-31	747,900,000	187,400,000	66300-Fund management activities
PRUDENTIAL DISTRIBUTION LIMITED	5 CENTRAL WAY, KILDEAN BUSINESS PARK, STIRLING, UNITED KINGDOM, FK8 1FT	SC212640	2017-12-31	686,801,000	1,849,000
CLOSE BROTHERS LIMITED	10 CROWN PLACE, LONDON, EC2A 4FT	00195626	2018-07-31	600,400,000	186,800,000
INTERMEDIATE CAPITAL GROUP PLC	PROCESSION HOUSE, 55 LUDGATE HILL, LONDON, UNITED KINGDOM, EC4M 7JW	02234775	2018-03-31	600,000,000	250,800,000
ABERDEEN ASSET MANAGERS LIMITED	1 GEORGE STREET, EDINBURGH, UNITED KINGDOM, EH2 2LL	SC108419	2017-12-31	555,350,000	63,581,000
BLACKROCK ADVISORS (UK) LIMITED	12 THROGMORTON AVENUE, LONDON, EC2N 2DL	00796793	2018-11-30	530,740,000	355,027,000	66300-Fund management activities
FITCH RATINGS LTD	30 NORTH COLONNADE, LONDON, E14 5GN	01316230	2017-12-31	487,401,000	152,359,000
INVESCO FUND MANAGERS LIMITED	PERPETUAL PARK, PERPETUAL PARK DRIVE, HENLEY-ON-THAMES, OXFORDSHIRE, UNITED KINGDOM, RG9 1HH	00898166	2017-12-31	471,735,000	181,282,000	66300-Fund management activities
JUPITER UNIT TRUST MANAGERS LIMITED	THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON, ENGLAND, SW1E 6SQ	02009040	2017-12-31	462,600,000	101,100,000
JUPITER FUND MANAGEMENT PLC	THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON, ENGLAND, SW1E 6SQ	06150195	2017-12-31	460,200,000	154,800,000
UBS LIMITED	5 BROADGATE, LONDON, UNITED KINGDOM, EC2M 2QS	02035362	2017-12-31	456,000,000	114,000,000
JEFFERIES INTERNATIONAL LIMITED	100 BISHOPSGATE, LONDON, ENGLAND, EC2N 4JL	01978621	2018-11-30	424,581,000	-10,426,000
BARCLAYS CAPITAL SECURITIES LIMITED	1 CHURCHILL PLACE, LONDON, E14 5HP	01929333	2017-12-31	378,892,000	51,652,000
J.P. MORGAN INTERNATIONAL BANK LIMITED	25 BANK STREET, CANARY WHARF, LONDON, E14 5JP	03838766	2017-12-31	358,021,000	4,320,000	66120-Security and commodity contracts dealing activities
MORGAN STANLEY UK GROUP	LEGAL DEPARTMENT, 25 CABOT SQUARE, CANARY WHARF, LONDON, E14 4QA	01281415	2017-12-31	229,087,000	331,089,000
PIRELLI INTERNATIONAL PLC	PIRELLI, DERBY ROAD, BURTON-ON-TRENT, STAFFORDSHIRE, DE13 0BH	04108548	2017-12-31	312,222,000	6,560,000
HENDERSON INVESTMENT FUNDS LIMITED	201 BISHOPSGATE, LONDON, EC2M 3AE	02678531	2017-12-31	305,560,000	4,186,000
THREADNEEDLE INVESTMENT SERVICES LIMITED	CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AG	03701768	2017-12-31	302,341,000	22,407,000
LOMBARD NORTH CENTRAL PUBLIC LIMITED COMPANY	250 BISHOPSGATE, LONDON, ENGLAND, EC2M 4AA	00337004	2017-12-31	302,000,000	184,000,000
BREWIN DOLPHIN LIMITED	12 SMITHFIELD STREET, LONDON, EC1A 9BD	02135876	2017-09-30	295,136,000	45,125,000
INVESTEC WEALTH & INVESTMENT LIMITED	30 GRESHAM STREET, LONDON, ENGLAND, EC2V 7QN	02122340	2018-03-31	280,283,000	58,915,000
JUPITER ASSET MANAGEMENT LIMITED	THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON, ENGLAND, SW1E 6SQ	02036243	2017-12-31	278,100,000	145,600,000
3I PLC	16 PALACE STREET, LONDON, SW1E 5JD	00397156	2018-03-31	277,421,000	83,511,000
ICE FUTURES EUROPE	2ND FLOOR, SANCROFT ROSE STREET, PATERNOSTER SQUARE, LONDON, UNITED KINGDOM, EC4M 7DQ	01528617	2017-12-31	276,649,000	120,280,000	82990-Other business support service activities not elsewhere classified
CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED	65 GRESHAM STREET, LONDON, ENGLAND, EC2V 7NQ	02424853	2017-12-31	274,932,193	-7,799,422
LLOYDS BANK ASSET FINANCE LIMITED	25 GRESHAM STREET, LONDON, EC2V 7HN	00615235	2017-12-31	22,000,000	272,000,000
REUTERS TRANSACTION SERVICES LIMITED	FIVE CANADA SQUARE, CANARY WHARF, LONDON, ENGLAND, E14 5AQ	02089076	2017-12-31	266,149,000	-7,903,000	66190-Activities auxiliary to financial intermediation not elsewhere classified
MARKS AND SPENCER FINANCIAL SERVICES PLC	KINGS MEADOW, CHESTER BUSINESS PARK, CHESTER, UNITED KINGDOM, CH99 9FB	01772585	2018-12-31	248,750,000	19,043,000
JPMORGAN FUNDS LIMITED	3 LOCHSIDE VIEW, EDINBURGH PARK, EH12 9DH	SC019438	2017-12-31	248,051,000	25,477,000
WALTER SCOTT & PARTNERS LIMITED	ONE, CHARLOTTE SQUARE, EDINBURGH, EH2 4DR	SC093685	2017-12-31	237,997,000	130,470,000
THE MORTGAGE BUSINESS PUBLIC LIMITED COMPANY	TRINITY, ROAD, HALIFAX, HX1 2RG	01997277	2017-12-31	233,017,000	101,482,000
GS FUNDING EUROPE III LTD	PLUMTREE COURT, 25 SHOE LANE, LONDON, UNITED KINGDOM, EC4A 4AU	10491963	2017-12-31	229,206,923	25,640,769
J O HAMBRO CAPITAL MANAGEMENT LIMITED	LEVEL 3, 1 ST. JAMES'S MARKET, LONDON, ENGLAND, SW1Y 4AH	02176004	2018-09-30	228,500,000	100,900,000
MACQUARIE INVESTMENTS (UK) LIMITED	ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD	04104671	2018-03-31	226,679,344	220,570,593
RBS INVOICE FINANCE LIMITED	250 BISHOPSGATE, LONDON, ENGLAND, EC2M 4AA	00662221	2017-12-31	215,628,000	88,899,000
BNP PARIBAS COMMODITY FUTURES LIMITED	10 HAREWOOD AVENUE, LONDON, NW1 6AA	02391477	2017-12-31	215,204,000	41,326,000
CMC MARKETS UK PLC	133 HOUNDSDITCH, LONDON, EC3A 7BX	02448409	2018-03-31	212,714,000	41,807,000
IG INDEX LIMITED	CANNON BRIDGE HOUSE, 25 DOWGATE HILL, LONDON, EC4R 2YA	01190902	2018-05-31	200,400,000	75,000,000
ESURE SERVICES LIMITED	THE OBSERVATORY, REIGATE, SURREY, RH2 0SG	02135610	2017-12-31	193,200,000	6,200,000	82990-Other business support service activities not elsewhere classified
DILIGENTA LIMITED	LYNCH WOOD, PETERBOROUGH, CAMBRIDGESHIRE, PE2 6FY	05535029	2018-03-31	191,828,000	3,513,000
MAREX FINANCIAL LIMITED	155 BISHOPSGATE, LONDON, EC2M 3TQ	05613061	2017-12-31	189,900,000	14,617,000
VAUXHALL FINANCE PLC	4TH FLOOR CUMBERLAND HOUSE 15-17, CUMBERLAND PLACE, SOUTHAMPTON, SO15 2BG	00275607	2017-12-31	184,922,000	187,088,000
STANDARD LIFE INVESTMENTS (MUTUAL FUNDS) LIMITED	7 CASTLE STREET, EDINBURGH, EH2 3AH	SC123322	2017-12-31	179,816,000	65,548,000
MACQUARIE CAPITAL (EUROPE) LIMITED	ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD	03704031	2018-03-31	179,602,040	-13,292,802
GOOGLE PAYMENT LIMITED	5 NEW STREET SQUARE, LONDON, EC4A 3TW	05903713	2017-12-31	175,603,365	8,113,343
THAMES WATER UTILITIES FINANCE PLC	CLEARWATER COURT, VASTERN ROAD, READING, BERKSHIRE, RG1 8DB	02403744	2018-03-31	173,300,000	37,000,000
SCOTTISH WIDOWS UNIT TRUST MANAGERS LIMITED	25 GRESHAM STREET, LONDON, UNITED KINGDOM, EC2V 7HN	01629925	2018-12-31	168,916,000	36,859,000
ELQ INVESTORS II LTD	PLUMTREE COURT, 25 SHOE LANE, LONDON, UNITED KINGDOM, EC4A 4AU	06375035	2017-12-31	166,924,257	29,203,984
LEGG MASON INVESTMENTS (EUROPE) LIMITED	1 MORE LONDON PLACE, LONDON, SE1 2AF	01732037	2018-03-31	157,205,000	15,063,000
STATE STREET GLOBAL ADVISORS LIMITED	20 CHURCHILL PLACE, CANARY WHARF, LONDON, E14 5HJ	02509928	2017-12-31	156,152,487	35,190,540
PRUTEC LIMITED	FORVIS MAZARS LLP, 1ST FLOOR, TWO CHAMBERLAIN SQUARE, BIRMINGHAM, B3 3AX	01508295	2017-12-31	154,048,154	117,712,728
FIL PENSIONS MANAGEMENT	BEECH GATE MILLFIELD LANE, LOWER KINGSWOOD, TADWORTH, SURREY, UNITED KINGDOM, KT20 6RP	02015142	2018-06-30	152,568,000	14,394,000
CABOT FINANCIAL (UK) LIMITED	1 KINGS HILL AVENUE, KINGS HILL, WEST MALLING, KENT, ME19 4UA	03757424	2017-12-31	151,802,000	-2,137,000
HERMES FUND MANAGERS LIMITED	SIXTH FLOOR, 150, CHEAPSIDE, LONDON, ENGLAND, EC2V 6ET	01661776	2018-12-31	151,718,000	-38,368,000
CHARLES STANLEY & CO. LIMITED	ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON, ENGLAND, EC2Y 9LY	01903304	2018-03-31	149,200,000	9,649,000
EXANE LIMITED	ONE, HANOVER STREET, LONDON, W1S 1YZ	02937460	2017-12-31	145,949,097	66,927,563
PROVIDENT FINANCIAL MANAGEMENT SERVICES LIMITED	NO. 1, GODWIN STREET, BRADFORD, WEST YORKSHIRE, BD1 2SU	00328933	2018-12-31	143,200,000	-6,200,000
COMPUTERSHARE MORTGAGE SERVICES LIMITED	THE PAVILIONS, BRIDGWATER ROAD, BRISTOL, AVON, BS13 8AE	02466320	2018-06-30	137,948,000	21,936,000
FIRST STATE INVESTMENT SERVICES (UK) LIMITED	FINSBURY CIRCUS HOUSE, 15 FINSBURY CIRCUS, LONDON, ENGLAND, EC2M 7EB	03904320	2018-06-30	133,745,000	21,868,000
MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED	ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD	07438584	2018-03-31	133,432,802	126,799,622
EURONET PAYMENT SERVICES LIMITED	PART 7TH FLOOR, NORTH BLOCK, 55 BAKER STREET, LONDON, UNITED KINGDOM, W1U 7EU	06975932	2017-12-31	132,467,033	0
RECLAIM FUND LTD	27 OLD GLOUCESTER STREET, LONDON, UNITED KINGDOM, WC1N 3AX	07344884	2017-12-31	121,903,000	-240,000	66300-Fund management activities
LANARK FUNDING LIMITED	SUITE 2, 7TH FLOOR, 50 BROADWAY, LONDON, ENGLAND, SW1H 0DB	06302746	2018-09-30	120,513,000	10,000
INSIGHT INVESTMENT FUNDS MANAGEMENT LIMITED	160 QUEEN VICTORIA STREET, LONDON, EC4V 4LA	01835691	2017-12-31	120,363,000	37,399,000
PGIM LIMITED	GRAND BUILDINGS, 1-3 STRAND, TRAFALGAR SQUARE, LONDON, WC2N 5HR	03809039	2017-12-31	120,285,295	6,308,908
FIRST STATE INVESTMENTS (UK) LIMITED	FINSBURY CIRCUS HOUSE, 15 FINSBURY CIRCUS, LONDON, ENGLAND, EC2M 7EB	02294743	2018-06-30	120,234,000	8,827,000
AEQUOR INVESTMENTS LIMITED	1 CHURCHILL PLACE, LONDON, E14 5HP	07662889	2017-12-31	119,857,033	-1,165,764
HBOS INVESTMENT FUND MANAGERS LIMITED	TRINITY ROAD, HALIFAX, WEST YORKSHIRE, HX1 2RG	00941082	2018-12-31	117,999,000	49,163,000
FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED	CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6HL	01902009	2018-09-30	117,402,000	27,786,000
M&G ALTERNATIVES INVESTMENT MANAGEMENT LIMITED	10 FENCHURCH AVENUE, LONDON, EC3M 5AG	02059989	2017-12-31	116,901,000	45,846,000
BARCLAYS ALDERSGATE INVESTMENTS LIMITED	1 CHURCHILL PLACE, LONDON, E14 5HP	02223073	2017-12-31	102,344,356	116,501,501
GREENSILL CAPITAL (UK) LIMITED	11TH FLOOR, LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB	08126173	2017-12-31	115,850,000	31,944,000
CL & CO. MANAGEMENT SERVICES LTD	64 NORTH ROW, LONDON, ENGLAND, W1K 7DA	02071658	2018-04-30	115,290,730	21,042,888
CAMPBELL LUTYENS & CO. LTD	64 NORTH ROW, LONDON, ENGLAND, W1K 7DA	04112016	2018-04-30	114,849,798	106,615
HARVEY & THOMPSON LIMITED	TIMES HOUSE, THROWLEY WAY, SUTTON, SURREY, SM1 4AF	02636684	2017-12-31	110,333,000	11,445,000
M & G INTERNATIONAL INVESTMENTS LIMITED	LAURENCE POUNTNEY HILL, LONDON, EC4R 0HH	04134655	2017-12-31	110,327,000	34,574,000
COFUNDS LIMITED	LEVEL 26 THE LEADENHALL BUILDING, 122 LEADENHALL STREET, LONDON, UNITED KINGDOM, EC3V 4AB	03965289	2017-12-31	108,675,000	-23,096,000
KAMES CAPITAL PLC	3 LOCHSIDE CRESCENT, EDINBURGH, SCOTLAND, EH12 9SA	SC113505	2017-12-31	108,561,000	9,057,000
FNZ (UK) LTD	10TH FLOOR, 135 BISHOPSGATE, LONDON, UNITED KINGDOM, EC2M 3TP	05435760	2017-12-31	107,613,000	20,314,000
SILCHESTER PARTNERS LIMITED	TIME & LIFE BUILDING, 1 BRUTON STREET, LONDON, W1J 6TL	03000514	2018-03-31	75,987,121	107,310,281
WINTERFLOOD SECURITIES LIMITED	RIVERBANK HOUSE, 2 SWAN LANE, LONDON, UNITED KINGDOM, EC4R 3GA	02242204	2018-07-31	104,876,063	20,562,119
MAREX SPECTRON INTERNATIONAL LIMITED	155 BISHOPSGATE, LONDON, EC2M 3TQ	03938219	2017-12-31	102,412,000	-962,000
CLOSE ASSET MANAGEMENT LIMITED	10 CROWN PLACE, LONDON, EC2A 4FT	01644127	2018-07-31	102,135,000	15,975,000
INTELLIGENT PROCESSING SOLUTIONS LIMITED	ENIGMA, WAVENDON BUSINESS PARK, MILTON KEYNES, ENGLAND, MK17 8LX	04007855	2017-12-31	98,786,000	22,290,000
PRA GROUP (UK) LIMITED	LEVEL 11 RIVERSIDE HOUSE, 2A SOUTHWARK BRIDGE ROAD, LONDON, ENGLAND, SE1 9HA	04267803	2017-12-31	98,581,000	13,017,000
INVESTEC FUND MANAGERS LIMITED	55 GRESHAM STREET, LONDON, ENGLAND, EC2V 7EL	02392609	2018-03-31	98,227,000	8,287,000
FITCH SOLUTIONS LIMITED	30 NORTH COLONNADE, LONDON, E14 5GN	07984075	2017-12-31	97,963,361	23,532,719
STANDARD LIFE INVESTMENTS (CORPORATE FUNDS) LIMITED	1 GEORGE STREET, EDINBURGH, EH2 2LL	SC111488	2017-12-31	96,951,000	5,012,000

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
MORGAN STANLEY UK GROUP	1.5%	2.4%	3.7%	Medium
Other companies Active in the same sector	0.8%	3.3%	7.1%	Medium


Expanded sample	1.5%	2.4%	3.7%	Medium
Age	0.4%	1.4%	2.7%	Medium
Company Type	0.8%	2.9%	4.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium