FAIRSTONE WEALTH MANAGEMENT LIMITED

1. FAIRSTONE WEALTH MANAGEMENT LIMITED 2021-03-28 → present
2. FAIRSTONE FINANCIAL MANAGEMENT (CITY) LIMITED 2013-07-08 → 2021-03-28
3. EQUUS INDEPENDENT FINANCIAL MANAGEMENT LIMITED 1998-07-07 → 2013-07-08

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have made appropriate enquiries and taken into account the Company's business activities, together with the factors likely to affect its future performance and position which are set out in the Strategic Report. The Company has continued to trade profitably during 2024. The directors have, at the time of approving the financial statements, a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the 12 months from the date of this report. A number of forecasted scenarios have been modelled by the Company which assess the operational impact on reduced levels of revenue. The Company remains cash generative under the strenuous but plausible outcomes envisaged. In addition, the Company, as a member of the Fairstone Group remains well funded and benefits from the continued support of our shareholder base which gives it the ability to draw capital from a number of sources.”

Significant events

• “In 2024, we continued to build on our proven business model as part of our vision to become the most trusted wealth management firm in the UK.”
• “In 2024, we announced a new organisational design, unifying our Partnership and National wealth advisory operations.”
• “The Company also continued to benefit from the Group's ongoing focus on the Downstream Buy Out (DBO) model.”
• “In response to the introduction of the Consumer Duty in 2023 by our UK regulator - which sets higher expectations for the standard of care provided to consumers the Company has reviewed and consolidated its client proposition into a single, streamlined offering: ActivePlan.”
• “In the opinion of the Directors, there are no significant event subsequent to the year-end that are deemed necessary to be adjusted or disclosed in the financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7.6%

  £23,526,628 → £25,303,012

• Cash

  -29.7%

  £913,585 → £642,097

• Net assets

  +25.5%

  £6,867,684 → £8,620,843

• Employees

  +11.7%

  128 → 143

• Operating profit

  +1.3%

  £2,299,226 → £2,328,127

• Profit before tax

  +1.4%

  £2,299,226 → £2,331,564

• Wages

  +4.7%

  £7,908,793 → £8,281,425

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers