Ludlow Wealth Management Group Ltd in Merseyside, PR9 0QA

Description

Data updated on: 01-11-2023

03193392 is a registration number assigned to Ludlow Wealth Management Group Ltd. The firm was registered as a Private Limited Company on Wed, 1st May 1996. The firm has been actively competing on the market for twenty eight years. This business could be contacted at 172 Lord Street Southport in Merseyside. The office's zip code assigned to this place is PR9 0QA. Launched as Ludlow Insurance Services, the firm used the business name until Thu, 20th Sep 2012, at which point it was changed to Ludlow Wealth Management Group Ltd. The firm's registered with SIC code 64999 : Financial intermediation not elsewhere classified. Ludlow Wealth Management Group Limited reported its latest accounts for the period that ended on 31st May 2022. The firm's most recent annual confirmation statement was filed on 26th April 2023.

From the data we have gathered, this specific firm was established twenty eight years ago and has been led by twelve directors, and out this collection of individuals six (Ian M., Michael W., Ravi T. and 3 others listed below) are still a part of the company.

Previous company's names
Ludlow Wealth Management Group Ltd 2012-09-20
Ludlow Insurance Services Limited 1996-05-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2021-09-30	2022-05-31
Currency
Net Worth	1 694 063	2 005 067	2 457 581	2 432 974

Balance Sheet
Cash Bank In Hand	123 909	97 792	453 075	451 784
Current Assets	237 497	354 673	790 449	939 134	5 452 462	7 125 735
Debtors	113 588	256 881	337 374	403 205	1 754 378	1 375 936
Intangible Fixed Assets	1 038 495	1 032 085	858 844	697 396
Net Assets Liabilities Including Pension Asset Liability	1 694 063	2 005 067	2 457 581	2 432 974
Tangible Fixed Assets	130 244	113 685	93 855	120 624
Cash Bank On Hand					3 698 084	5 749 799
Net Assets Liabilities					8 490 913	10 268 061
Other Debtors						19 430
Property Plant Equipment					176 835	164 607

Capital & Reserves
Called Up Share Capital	2 222	2 222	2 222	2 222
Profit Loss Account Reserve	1 652 063	1 963 067	2 415 581	2 390 974
Shareholder Funds	1 694 063	2 005 067	2 457 581	2 432 974

Other Financial Data
Audit Fees Expenses					23 625	38 664
Auditing Accounts Associates Fees					12 625
Company Contributions To Money Purchase Plans Directors					54 716	39 407
Director Remuneration					653 121	409 894
Number Directors Accruing Benefits Under Money Purchase Scheme					4	3
Creditors Due After One Year	833 157	650 204	126 711
Creditors Due Within One Year	832 878	577 580	894 264	1 018 476
Current Asset Investments				84 145
Debtors Due After One Year		-100 779
Fixed Assets	3 143 310	2 895 566	2 702 495	2 532 816	4 625 519	5 356 430
Intangible Fixed Assets Additions		207 239
Intangible Fixed Assets Aggregate Amortisation Impairment	1 150 056	1 363 705	1 536 946	1 698 394
Intangible Fixed Assets Amortisation Charged In Period		213 649	173 241	161 448
Intangible Fixed Assets Cost Or Valuation	2 188 551	2 395 790	2 395 790
Investments Fixed Assets	1 974 571	1 749 796	1 749 796	1 714 796
Net Current Assets Liabilities	-595 381	-222 907	-103 815	-79 342	4 028 021	5 112 282
Number Shares Allotted		222	222	222
Par Value Share		1	1	1		1
Provisions For Liabilities Charges	20 709	17 388	14 388	20 500
Secured Debts	481 250	343 750	171 875
Share Capital Allotted Called Up Paid	222	222	222	222
Share Premium Account	39 778	39 778	39 778	39 778
Tangible Fixed Assets Additions		6 978		59 631
Tangible Fixed Assets Cost Or Valuation	322 810	329 788	329 788	343 241
Tangible Fixed Assets Depreciation	192 566	216 103	235 933	222 617
Tangible Fixed Assets Depreciation Charged In Period		23 537	19 830	27 038
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				40 354
Tangible Fixed Assets Disposals				46 178
Total Assets Less Current Liabilities	2 547 929	2 672 659	2 598 680	2 453 474	8 653 540	10 468 712
Accrued Liabilities					771 301	1 115 240
Accumulated Amortisation Impairment Intangible Assets					3 831 641	4 294 502
Accumulated Depreciation Impairment Property Plant Equipment					419 934	441 589
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						42 883
Administrative Expenses					7 765 565	5 202 951
Amortisation Expense Intangible Assets					434 307	299 588
Amounts Owed By Group Undertakings					1 017 115	1 017 115
Amounts Owed To Group Undertakings						1 526
Applicable Tax Rate					19	19
Average Number Employees During Period					62	60
Comprehensive Income Expense					2 321 161	1 777 148
Corporation Tax Payable					166 791	259 368
Cost Sales					240 063	152 332
Creditors					1 424 441	2 013 453
Current Tax For Period					476 791	446 523
Deferred Tax Liabilities					42 445	37 586
Depreciation Expense Property Plant Equipment					37 281	21 655
Dividends Paid					2 530 487
Dividends Paid On Shares Interim					2 530 487
Future Minimum Lease Payments Under Non-cancellable Operating Leases					108 565	136 805
Gross Profit Loss					10 566 326	7 415 606
Increase Decrease In Current Tax From Adjustment For Prior Periods					444
Increase From Amortisation Charge For Year Intangible Assets						462 861
Increase From Depreciation Charge For Year Property Plant Equipment						21 655
Intangible Assets					4 448 684	5 191 823
Intangible Assets Gross Cost					8 280 325	9 486 325
Number Shares Issued Fully Paid						4 222
Operating Profit Loss					2 800 761	2 212 655
Other Creditors					27 209	5 999
Other Deferred Tax Expense Credit					-3 727	-3 693
Other Interest Receivable Similar Income Finance Income					4 095	6 157
Other Taxation Social Security Payable					422 673
Pension Other Post-employment Benefit Costs Other Pension Costs					378 833	287 798
Prepayments					398 866	54 758
Profit Loss					2 321 161	1 777 148
Profit Loss On Ordinary Activities Before Tax					2 804 856	2 218 812
Property Plant Equipment Gross Cost					596 769	606 196
Provisions					120 182	163 065
Provisions For Liabilities Balance Sheet Subtotal					162 627	200 651
Social Security Costs					579 687	376 275
Staff Costs Employee Benefits Expense					5 643 790	3 633 640
Tax Expense Credit Applicable Tax Rate					532 923	421 574
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					137 300	96 328
Tax Tax Credit On Profit Or Loss On Ordinary Activities					483 695	441 664
Total Additions Including From Business Combinations Intangible Assets						1 206 000
Total Additions Including From Business Combinations Property Plant Equipment						9 427
Total Current Tax Expense Credit					477 235	446 523
Total Deferred Tax Expense Credit					6 460	-4 859
Total Operating Lease Payments					155 139	116 334
Trade Creditors Trade Payables					36 467	31 320
Trade Debtors Trade Receivables					338 397	284 633
Turnover Revenue					10 806 389	7 567 938
Wages Salaries					4 685 270	2 969 567