ALTI WEALTH MANAGEMENT HOLDINGS (UK) 2 LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

1. ALTI WEALTH MANAGEMENT HOLDINGS (UK) 2 LIMITED 2023-04-19 → present
2. ALVARIUM INVESTMENT MANAGEMENT LIMITED 2019-03-11 → 2023-04-19
3. LJ INVESTMENT MANAGEMENT LIMITED 2010-12-08 → 2019-03-11

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 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Coveney Nicholls Partnership LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding the Company having net liabilities of £1.4m at 31 December 2023 (2022: £5.8m), the company continues to trade with the support of its ultimate parent, AlTi Global, Inc.. The directors have received confirmation that such support will be forthcoming for the foreseeable future, being a period of at least twelve months from the date that these financial statements are approved. Therefore, the directors consider that the preparation of the financial statement on the going concern basis is still appropriate.”

Group structure

1. ALTI WEALTH MANAGEMENT HOLDINGS (UK) 2 LIMITED · parent
   1. ALTI Wealth Management (UK) Limited 100% · England
   2. Alvarium Investment Managers (UK) LLP 98% · England
   3. Casteel Capital LLP 50% · England
   4. Pointwise Partners Limited 50% · England

Significant events

• “On 3 January 2023, the Company disposed of its holdings in Alvarium Investment Advisors (France) SAS and Alvarium Investment Managers (Suisse) SA as part of a wider Group restructuring project.”
• “On 19 October 2023, Alvarium Investment Managers (UK) Limited, a subsidiary of the Company, ceased operations. Following this the Company has recognised an impairment of £119,222 to reflect the expected recoverable amount of this investment on the liquidation of the subsidiary.”
• “On 3 January 2023, following the successful close of the business combination and public listing of the group of which the company is a member with the Cartesian Growth Corporation, certain employees were granted shares in the newly formed AlTi Global, Inc.. There were no vesting conditions attached to these awards.”
• “On 31 May 2023, the ultimate parent undertaking, AlTi Global, Inc. awarded eligible employees Celebratory share options and Restricted Stock Units ("RSUs"). These awards vest annually on a grading vesting schedule over a three-year period, backdating the start date to 15 February 2023. The expense of awarding these options and RSUs in relation to these employees is recognized by the company through the profit and loss account.”
• “In April 2022, the former immediate parent company, AlTi Asset Management Holdings 2 Limited, granted awards globally to key employees and directors as part of a LTIP that could be settled in cash, shares or a combination of both.”
• “Subsequent to the year end, on 8 May 2024 the Company received a capital contribution from its immediate parent undertaking of £1,387,500.”
• “Subsequent to the year end, on 12 March 2024, the Company acquired 100% of the issued and outstanding share capital of Tiedemann International Holdings (UK) 1 Limited and Tiedemann International Holdings (UK) 2 Limited, from a fellow Group company.”
• “Subsequent to the year end, on 9 May 2024, the Company acquired the remaining 50% of the issued and outstanding share capital of Pointwise Partners Limited, increasing its interest from 50% to 100%.”

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

Filings

8

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

  +59.4%

  £11,118 → £17,723

• Cash

  -95.7%

  £410,668 → £17,657

• Net assets

  +73.4%

  -£5,772,415 → -£1,534,621

• Employees

  -14.3%

  7 → 6

• Operating profit

  +22.7%

  -£4,148,636 → -£3,208,425

• Profit before tax

  +139.4%

  -£3,795,037 → £1,495,419

• Wages

  -14.7%

  £1,954,169 → £1,667,740

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