WEALTHTIME LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2020-12-31.

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have produced projections for the Company's financial performance for at least twelve months from the date of approval of these financial statements. These projections are inclusive of the effects of economic uncertainties that may impact the Company. Revenue and AUA projections have been sensitised to take account of economic uncertainties and the impact this has on the performance of the Company. Several different scenarios have been modelled to stress test the potential impacts on profits, working capital, liquidity and regulatory capital. These projections rely on judgement in assessing future economic events and market movements. However, through the application of prudence in financial projections and the stress testing of results, the Directors are confident that these projections are suitably robust and that there exists a prudent safety margin over and above all the Company's key financial measures. When combined with appropriate cost controls, the Directors are satisfied that the Company will continue to have sufficient funds in place to meet its requirements.”

Group structure

1. WEALTHTIME LIMITED · parent
   1. Wealthtime Trustees Limited 100% · United Kingdom · Financial Services

Significant events

• “The Company rebranded in October 2024 from Wealthtime Select to Wealthtime Classic.”
• “In December 2024 HMRC issued a newsletter, acknowledging the unusually large number of requests for returns of Pension Commencement Lump Sum (PCLS) payments following the Autumn 2024 budget but stating that any PCLS payments cannot be undone and that cooling off periods do not apply. This was in contradiction of previous interpretations of the FCA's guidance on ensuring such provision was available to clients. Further clarification is currently being sought by the platform industry, and consequently the likelihood and quantum of such charges should they be applicable is at present, uncertain. On balance, a future outflow is deemed possible rather than probable, therefore no provision for any liability has been made in these financial statements.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -53.5%

  £6,426,367 → £2,990,020

• Net assets

  -42.9%

  £6,740,062 → £3,846,793

• Employees

  +9.1%

  22 → 24

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers