UK Companies House feature
WEALTHIFY LIMITED
Cash
£4M
-6.8% vs 2023
Net assets
£4M
-50.8% vs 2023
Employees
143
+26.5% vs 2023
Profit before tax
-£15M
+4.2% vs 2023
Profile
- Company number
- 09034828
- Status
- Active
- Incorporation
- 2014-05-12
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66300
- Hubs
- UK Fintech
Net assets
7-year trend · vs UK Fintech median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £1,615,707 | — | — | — | |
| Operating profit | — | — | — | -£10,500,060 | — | — | — | |
| Profit before tax | — | — | — | -£10,678,200 | -£13,347,639 | -£16,115,742 | -£15,431,812 | |
| Net profit | — | — | — | -£10,649,432 | -£11,045,487 | -£6,619,952 | -£11,219,551 | |
| Cash | — | — | — | £6,169,112 | £9,565,641 | £4,118,142 | £3,838,780 | |
| Total assets less current liabilities | — | — | — | £3,607,487 | £5,231,094 | £9,674,951 | £5,181,325 | |
| Net assets | — | — | — | — | £2,387,315 | £8,111,308 | £3,991,757 | |
| Equity | £10,328,745 | £5,484,679 | £2,182,234 | £1,532,802 | £2,387,315 | £8,111,308 | £3,991,757 | |
| Average employees | — | — | — | 65 | 90 | 113 | 143 | |
| Wages | — | — | — | £3,974,131 | £4,179,308 | £6,005,772 | £7,670,900 |
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
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has generated £11.2m of losses and has cash remaining of £3.8m at the year end. With losses continuing to be generated post year end, the company is reliant upon the continued support from its ultimate parent company Aviva Group Holdings ("Aviva"), this support has been confirmed. Subsequent to the year end, additional funding of £8.5m has been received from Aviva along with forecast plans agreed between Wealthify Limited and Aviva. At the date of signing the financial statements, updated forecasts and working capital projections have been prepared which account for current trading conditions and the available support described above, these forecasts show the company having sufficient headroom to meet its liabilities as and when they fall due for a period of 12 months from the date of approval of these financial statements. On this basis the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “We launched an instant access savings account to broaden the set of financial products that we offer our customers.”
- “Subsequent to the year end, additional funding of £8.5m has been received from Aviva along with forecast plans agreed between Wealthify Limited and Aviva.”
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
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AMBROSE, Richard John | Director | 2024-11-26 | Oct 1974 | British |
| ASHFORD, Michael, Mr. | Director | 2016-03-01 | May 1987 | British |
| KOSAGOWSKY, Alessia Maria Emilia | Director | 2022-10-20 | Sep 1969 | British,Italian |
| OESTMANN, Nathalie Marie | Director | 2023-12-13 | Dec 1971 | American |
| WOOD, Christopher Mark, Mr. | Director | 2020-11-30 | Nov 1964 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AVERY-WRIGHT, Richard Patrick, Mr. | Director | 2015-10-19 | 2020-11-17 |
| BHARGAVA, Akshaya | Director | 2021-05-25 | 2023-07-10 |
| DOULL, Alun Edward Manley | Director | 2015-10-19 | 2017-10-04 |
| LUCKETT, Benjamin Mark | Director | 2019-11-27 | 2023-12-13 |
| PEARCE-BURKE, Michelle Anne | Director | 2015-10-19 | 2025-02-11 |
| PHILLIPS, Joanne Marie | Director | 2024-03-21 | 2025-10-03 |
| RIX, Lindsey Claire | Director | 2018-02-12 | 2021-04-14 |
| ROGERS, David Frederick Swiffen | Director | 2018-02-12 | 2020-10-12 |
| RUSSELL, Andrew Christopher | Director | 2020-08-27 | 2024-07-12 |
| THEODOSSIADES, Richard Byron | Director | 2014-05-12 | 2020-06-04 |
| TONER, Cheryl | Director | 2021-05-27 | 2022-10-20 |
| TURNBULL, Blair Mclaren | Director | 2018-02-12 | 2019-11-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wealthify Group Limited | Corporate entity | Shares 75–100% | 2018-02-09 | Active |
| Mr Richard Byron Theodossiades | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-02-09 |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-29 | SH01 | capital | capital allotment shares |
| 2025-10-31 | SH01 | capital | capital allotment shares |
| 2025-10-14 | TM01 | officers | termination director company with name termination date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-08-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-14 | TM01 | officers | termination director company |
| 2025-02-13 | TM01 | officers | termination director company with name termination date |
| 2025-01-29 | SH01 | capital | capital allotment shares |
| 2025-01-28 | AP01 | officers | appoint person director company with name date |
| 2024-09-28 | ANNOTATION | miscellaneous | legacy |
| 2024-09-28 | ANNOTATION | miscellaneous | legacy |
| 2024-09-27 | AA | accounts | accounts with accounts type full |
| 2024-08-14 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-07-31 | TM01 | officers | termination director company with name termination date |
| 2024-07-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-26 | SH01 | capital | capital allotment shares |
| 2024-05-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-09 | CH01 | officers | change person director company with change date |
| 2024-03-27 | AP01 | officers | appoint person director company with name date |
| 2024-02-07 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-8.74
DISTRESS
Altman Z″
- Working capital / Total assets 0.698 × 6.56 = +4.58
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -2.175 × 6.72 = -14.62
- Book equity / Total liabilities 1.237 × 1.05 = +1.30
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