LONDON WEALTH MANAGEMENT LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “LWM continues to operate on a conservative business outlook, but with a high degree of concentration on our Capital Adequacy position, reflected in the significant cash reserves retained to date. This has allowed the share buyback allowing the future retirement of JP Hoban with the final payment due in March 2026.”
• “from 1st January 2025 Ben Howland is the Managing Director.”
• “Board structure: The Board at LWM is made up of 4 Senior Managers where Helen Annetts and Tim Norris now hold SMF3 (Executive Director) functions with approval granted va the FCA.”
• “Compliance: The senior management function of Compliance Officer has moved to Helen Annetts in March 25 following FCA approval.”
• “LWM has settled into its new premises in Q2 2025”
• “In the prior year, the Company entered into an agreement to purchase their own shares. The purchase was to be made in three tranches, the first tranche was completed in the prior year, and the second tranche was completed during the year. The final tranche will be completed after the year end assuming the Company meets the capital adequacy requirements. The second tranche was for the purchase and subsequent cancellation of 9,702 shares as detailed below: On 7 March 2025, London Wealth Management Limited repurchased 9,702 Ordinary £1 A shares at a purchase price of £370,718.15. On the same date, 9,702 Ordinary £1 A shares were cancelled at their par value leaving 107,394 Ordinary £1 A shares and 13,500 Ordinary £1 B shares in issue.”

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

Filings

6

last 12 months

Capital events

4

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  -7.2%

  £1,537,449 → £1,426,797

• Net assets

  -2.2%

  £1,119,512 → £1,094,536

• Employees

  +15.4%

  13 → 15

• Profit before tax

  -12.5%

  £1,339,187 → £1,171,396

• Wages

  +21.4%

  £789,973 → £958,804

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