# Balmoral Asset Management Limited

## Details

- **Company number:** [SC182721](https://find-and-update.company-information.service.gov.uk/company/SC182721)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 4 Feb 1998
- **Registered office:** 18 RUTLAND SQUARE, EDINBURGH, EH1 2BB
- **Nature of business:** [64999](/sic/64999) Financial intermediation not elsewhere classified
- **Corporate group:** [Progeny Holdings Limited](/group/16656) (25 companies)




## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr Stuart Clark Macdonald | ownership-of-shares-50-to-75-percent, ownership-of-shares-50-to-75-percent-as-firm, voting-rights-50-to-75-percent, voting-rights-50-to-75-percent-as-firm | 6 Apr 2016 | 14 Oct 2022 |
| The Progeny Group Limited | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 14 Oct 2022 |  |



## Accounts

| Year ended | Turnover | Net assets | Cash | Employees |
|---|---|---|---|---|
| 31 Dec 2024 | - | £5,132,856 | £1,700,874 | 2 |
| 31 Dec 2023 | £2,359,859 | £5,217,362 | £5,184 | 28 |
| 31 Dec 2021 | £7,629,329 | £5,917,377 | £2,629,339 | 34 |
| 31 Dec 2020 | - | £4,589,815 | £1,655,869 | 35 |
| 31 Dec 2019 | - | £3,648,043 | £1,493,005 | 31 |
| 31 Dec 2018 | - | £2,851,257 | £1,012,476 | 29 |
| 31 Dec 2017 | - | £1,924,880 | £955,511 | - |



## Owned by

Balmoral Asset Management Limited → [The Progeny Group Limited](/company/09276612) → [Progeny Holdings Limited](/company/11872596)