NAPTHENS LLP

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

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the members' 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 group or limited liability partnership'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.”

Group structure

1. NAPTHENS LLP · parent
   1. Ludlow(formerly Napthens) Wealth Management Limited 100% · UK · Provision of wealth management consultancy services
   2. Napthens (Trustees) Limited 100% · UK · Dormant company
   3. Lancashire Searches Limited 100% · UK · Provision of property search services
   4. Afterathena Limited 100% · UK · Provision of legal services and health and safety consultancy to commercial and private clients.

Significant events

• “On 2 April 2025, Ludlow Wealth Management Limited ceased to trade. The company became dormant after that date and the director intends to strike the company off in the near future. On the 2nd April 2025, the immediate parent company changed from Napthens LLP to Ludlow Wealth Management Group Limited and the ultimate parent company changed to Mattioli Woods Limited. On 31 May 2025 the company's ownership was transferred under a group reorganisation from Ludlow Wealth Management Group Limited to Mattioli Woods Limited.”
• “On 4 April 2025, Lancashire Searches Limited gave notice on the NSS franchise agreement. Following the end of this period, the company will be dormant, and the directors intend to strike the company off in the near future. The financial statements have been prepared on a basis other than going concern as a result of this.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +19.2%

  £22,585,483 → £26,917,499

• Cash

  +201.8%

  £1,593,413 → £4,809,331

• Net assets

  +73.6%

  £3,739,461 → £6,490,027

• Employees

  -2%

  294 → 288

• Operating profit

  +87.1%

  £3,492,236 → £6,535,332

• Profit before tax

  +61.3%

  £4,517,465 → £7,284,544

• Wages

  +7.5%

  £9,821,335 → £10,554,689

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