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The latest update is out from Jarvis Securities ( (GB:JIM) ).
Jarvis Securities has published audited results for the 18 months to 30 June 2025 following completion of the sale of JIML’s retail execution-only client book to Interactive Investor for an initial £9m, with up to £2m of deferred consideration, and has appointed S&W Partners to oversee the orderly wind-down of its regulated subsidiary and assess opportunities to monetise remaining group assets, supported by group cash of £10.4m. As part of its FCA-driven wind down, JIML has identified historic conduct breaches around inducements and client money interest disclosures and made a provision for an estimated £2.8m in client redress over the next year, while Jarvis signals that once JIML’s operations are substantially wound down it expects to become an AIM Rule 15 cash shell and, rather than pursue acquisitions, intends to seek shareholder approval to cancel its AIM listing and ultimately return any surplus distributable reserves to investors; the company will also hold a general meeting on 29 January 2026 to approve the accounts and will continue to review dividend capacity on a quarterly basis in light of reduced interest income and ongoing wind-down costs.
More about Jarvis Securities
Jarvis Securities plc is a UK-based financial services group whose core operations have been conducted through its regulated subsidiary, Jarvis Investment Management Limited (JIML), providing execution-only brokerage and custody services to retail and corporate clients. The business has historically generated income from trading activity and interest on client money balances, but has increasingly faced pressure from higher regulatory costs, shrinking client volumes and intense price competition from larger rivals, prompting a strategic retrenchment and asset disposals.
Average Trading Volume: 73,418
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.6M
See more data about JIM stock on TipRanks’ Stock Analysis page.