UK Companies House feature
LUDLOW WEALTH MANAGEMENT GROUP LTD
Cash
£6M
+55.5% vs 2021
Net assets
£10M
+20.9% vs 2021
Employees
60
-3.2% vs 2021
Profit before tax
£2M
-20.9% vs 2021
Profile
- Company number
- 03193392
- Status
- Active
- Incorporation
- 1996-05-01
- Last accounts made up
- 2025-05-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2022-05-31
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-05-31 |
|---|---|---|---|---|
| Turnover | — | £10,806,389 | £7,567,938 | |
| Operating profit | — | £2,800,761 | £2,212,655 | |
| Profit before tax | — | £2,804,856 | £2,218,812 | |
| Net profit | — | £2,321,161 | £1,777,148 | |
| Cash | — | £3,698,084 | £5,749,799 | |
| Total assets less current liabilities | — | £8,653,540 | £10,468,712 | |
| Net assets | — | £8,490,913 | £10,268,061 | |
| Equity | £8,700,239 | £8,490,913 | £10,268,061 | |
| Average employees | — | 62 | 60 | |
| Wages | — | £4,685,270 | £2,969,567 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors have a reasonable expectation that the company has adequate resources to remain in solvent existence for a period of at least 12 months from the date of approval of these financial statements, and have adopted the going concern basis in their preparation.”
Subsidiaries
- Napthens Wealth Management Limited · 100% held · financial advice
Significant events
- “On 31 May 2025, the Company completed a hive-up transaction whereby it transferred its trade and related assets to its parent company, Mattioli Woods Limited.”
- “On 2 April 2025, Ludlow acquired 100% of the share capital of Napthens Wealth Management Limited ("NWM"), now re-named Ludlow Wealth Management Limited, for total consideration of £0.83 million.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Robert Eric | Director | 2019-03-18 | Jul 1964 | British |
| HEMINGWAY, Richard Ian | Director | 2004-03-08 | Nov 1969 | British |
| MATTIOLI, Ian Thomas | Director | 2022-06-29 | Nov 1962 | British |
| WRIGHT, Michael David | Director | 2022-06-21 | Apr 1982 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEMINGWAY, Ian | Secretary | 2001-11-08 | 2009-04-05 |
| LUDLOW, Jane Amanda | Secretary | 2009-04-06 | 2014-09-25 |
| LUDLOW, Sidney John | Secretary | 1996-05-01 | 1996-11-12 |
| WILLIAMS, Francis Coussement | Secretary | 1996-11-12 | 2001-11-08 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1996-05-01 | 1996-05-01 |
| FLOWER, Gordon Mark | Director | 2019-03-18 | 2023-06-30 |
| HARDMAN, David James | Director | 2005-10-01 | 2025-06-30 |
| LUDLOW, Sidney John | Director | 1996-05-01 | 2017-06-27 |
| MATTIOLI, Ian Thomas | Director | 2021-09-03 | 2021-09-24 |
| TALBOT, Clive Edward | Director | 1996-05-01 | 1996-11-12 |
| TARA, Ravi Singh | Director | 2022-06-17 | 2026-03-23 |
| TARA, Ravi Singh | Director | 2021-09-03 | 2021-09-24 |
| WRIGHT, Michael David | Director | 2021-09-03 | 2021-09-24 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1996-05-01 | 1996-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lwmg Midco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-06-27 | Active |
| Mr Richard Ian Hemingway | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-06-27 |
| Mr Sidney John Ludlow | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-06-27 |
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-30 | TM01 | officers | termination director company with name termination date |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2025-07-11 | TM01 | officers | termination director company with name termination date |
| 2025-05-20 | AA | accounts | accounts with accounts type full |
| 2025-04-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-28 | CH01 | officers | change person director company with change date |
| 2025-04-16 | RP04AP01 | officers | second filing of director appointment with name |
| 2024-04-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-12 | AA | accounts | accounts with accounts type full |
| 2023-07-03 | TM01 | officers | termination director company with name termination date |
| 2023-04-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-21 | AA | accounts | accounts with accounts type full |
| 2022-08-05 | CH01 | officers | change person director company with change date |
| 2022-07-19 | AP01 | officers | appoint person director company with name date |
| 2022-07-19 | AP01 | officers | appoint person director company with name date |
| 2022-07-19 | AP01 | officers | appoint person director company with name date |
| 2022-05-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-05-06 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2022-03-17 | AA | accounts | accounts with accounts type full |
| 2021-11-26 | AA01 | accounts | change account reference date company current shortened |
Credit score
Altman Z″ (private-firm) · reference 2022-05-31
8.75
SAFE
Altman Z″
- Working capital / Total assets 0.410 × 6.56 = +2.69
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.177 × 6.72 = +1.19
- Book equity / Total liabilities 4.638 × 1.05 = +4.87
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory