INDEPENDENT WEALTH PLANNERS UK LIMITED

• ⚠

  Material uncertainty over going concern

  The Group and Company's financial statements have therefore been prepared on a basis other than going concern. No adjustments were required to the financial statements as a result of them being prepared on a basis other than going concern.

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

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Group and Company's financial statements have therefore been prepared on a basis other than going concern. No adjustments were required to the financial statements as a result of them being prepared on a basis other than going concern.”

Group structure

1. INDEPENDENT WEALTH PLANNERS UK LIMITED · parent
   1. Carnelian Capital Management Limited 100%
   2. IWP Hunter Hammond Limited 100%
   3. Murdoch Asset Management Limited 100%
   4. Kelsall Steele Investment Services Limited 100%
   5. Nugenis Financial Planning Limited 100%
   6. Rixons Matthews Appleyard (Financial Services) Limited 100%
   7. Rixons (Auto-Enrolment) Limited 100%
   8. Lowgate Mortgage Solutions Ltd 100%

Significant events

• “During the year, the Group completed its simplification programme, which includes entity rationalisations, to deliver future efficiencies. Such intra-group business transfers were effected in four phases, on 1 March 2024, 1 July 2024, 1 August 2024 and 1 September 2024.”
• “On 18 December 2024, Titan Wealth announced the acquisition of the entire share capitals of IWP Financial Planning Limited and IWP Investment Management Limited... Upon Titan Wealth's completion... the directors intend to wind up the remaining dormant Group Companies, including Independent Wealth Planners UK Limited on a solvent basis, within 3 years.”
• “On 1 July 2024 the Group disposed of the trade and assets of Omnium Capital Limited... On 1 August 2024 the Group disposed of the trade and assets of Rixons (Auto Enrolment) Limited... On 1 September 2024 the Group disposed of the trade and assets of Clairville York Limited.”
• “On 16 December 2024, the Group disposed of Essential SSAS Limited, Essential Pension Group Limited and Essential SSAS (Trustees) Limited.”

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

Filings

12

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

  -71.7%

  £20,995,000 → £5,938,000

• Cash

  -60%

  £2,560,000 → £1,024,000

• Net assets

  -45.5%

  £49,185,000 → £26,815,000

• Employees

  -76%

  200 → 48

• Operating profit

  +33.5%

  -£3,156,000 → -£2,099,000

• Profit before tax

  +40%

  -£3,575,000 → -£2,146,000

• Wages

  -73.6%

  £10,292,000 → £2,713,000

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