Richmond House Wealth Management Limited in Stevenage, SG1 2AD

Description

Data updated on: 01-11-2023

Richmond House Wealth Management began its business in the year 1984 as a Private Limited Company registered with number: 01842995. This particular company has been active for fourty years and the present status is active. The firm's headquarters is situated in Stevenage at Premier House. You could also find the company using its postal code, SG1 2AD. It has been already seven years that This firm's registered name is Richmond House Wealth Management Limited, but till 2017 the business name was Richmond House Financial Services and up to that point, up till 2004-02-04 the business was known as E P Ward (life & Pensions). This means it has used three other names. The firm's SIC code is 66220, that means Activities of insurance agents and brokers. Richmond House Wealth Management Ltd filed its latest accounts for the financial year up to 2022-03-31. The company's most recent confirmation statement was filed on 2023-03-31.

The following company owes its success and permanent progress to a team of four directors, who are Alexander E., Tony B., Jonathan H. and Tony S., who have been leading it since 2023-02-28.

Previous company's names
Richmond House Wealth Management Limited 2017-10-19
Richmond House Financial Services Limited 2004-02-04
E P Ward (life & Pensions) Limited 1984-08-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-04-30
Currency

Balance Sheet
Cash Bank On Hand	43 827	177 148	78 054	76 109	132 010
Current Assets	282 876	375 519	380 891	251 008	426 184
Debtors	239 049	198 371	302 837	174 899	294 174
Property Plant Equipment	62 285	48 946	31 845	21 930	16 813

Other Financial Data
Audit Fees Expenses	6 960	7 552	5 853	7 599	13 641
Fees For Non-audit Services	2 000	2 125	2 250	3 250	4 250
Amount Specific Advance Or Credit Directors	4 000
Amount Specific Advance Or Credit Made In Period Directors	4 000
Amount Specific Advance Or Credit Repaid In Period Directors		4 000
Company Contributions To Money Purchase Plans Directors	16 673	61 019	39 057	46 354	55 437
Director Remuneration	106 270	82 913	71 259	12 600	9 317
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3	2	2
Accumulated Amortisation Impairment Intangible Assets	65 275	81 603	85 866	87 013
Accumulated Depreciation Impairment Property Plant Equipment	151 380	180 197	210 112	227 456	239 137
Administrative Expenses	1 692 983	1 689 545	1 542 818	1 510 675	1 178 874
Amortisation Expense Intangible Assets	5 433	5 434	4 263	1 147
Amounts Owed By Group Undertakings	64 533		128 939		154 074
Amounts Owed To Group Undertakings		831	74 804	18 475	142 739
Applicable Tax Rate	20	20	19	19	19
Comprehensive Income Expense	13 430	-26 843	14 854	-57 528	-6 668
Corporation Tax Payable	2 448	6 776	-1 221		1 374
Creditors	198 317	288 136	257 290	173 873	350 600
Current Tax For Period	2 448	6 776	-1 217		1 374
Depreciation Expense Property Plant Equipment	33 039	28 817	29 915	17 344	11 681
Dividends Paid	83 102
Dividends Paid On Shares Interim	83 102
Fixed Assets	84 023	54 356	32 992	21 930	16 813
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	16 432
Future Minimum Lease Payments Under Non-cancellable Operating Leases	24 240	24 240	34 757	34 757	34 757
Income From Related Parties	149 964	120 129	121 004
Increase From Amortisation Charge For Year Intangible Assets		16 328	4 263	1 147
Increase From Depreciation Charge For Year Property Plant Equipment		28 817	29 915	17 344	11 681
Intangible Assets	21 738	5 410	1 147
Intangible Assets Gross Cost	87 013	87 013	87 013	87 013
Interest Expense On Loan Capital		20
Interest Payable Similar Charges Finance Costs		20
Key Management Personnel Compensation Total			121 004	44 611	70 038
Net Current Assets Liabilities	84 559	109 971	123 601	77 135	75 584
Number Shares Issued Fully Paid		1 000	1 000	1 000	1 000
Operating Profit Loss	-554	2 541	13 635	-57 528
Other Comprehensive Income Expense Net Tax	16 432
Other Interest Receivable Similar Income Finance Income			2
Other Operating Income Format1	780	2 625	1 638
Other Taxation Social Security Payable	26 965	59 583	68 710	57 305	46 555
Par Value Share		1	1	1	1
Payments To Related Parties	210 084	319 376
Pension Other Post-employment Benefit Costs Other Pension Costs	110 377	155 347	116 439	148 958	122 762
Profit Loss	-3 002	-26 843	14 854	-57 528	-6 668
Profit Loss On Ordinary Activities Before Tax	-554	2 521	13 637	-57 528	-5 294
Property Plant Equipment Gross Cost	213 665	229 143	241 957	249 386	255 950
Social Security Costs	90 717	90 178	86 854	81 888	64 411
Staff Costs Employee Benefits Expense	1 139 193	1 118 858	1 005 899	1 037 803	794 052
Tax Expense Credit Applicable Tax Rate	-111	498	2 591	-10 930	-1 006
Tax Increase Decrease From Effect Capital Allowances Depreciation	1 267	4 787	4 059	2 102	972
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 292	1 491	1 465	1 538	1 408
Tax Tax Credit On Profit Or Loss On Ordinary Activities	2 448	6 776	-1 217		1 374
Total Additions Including From Business Combinations Property Plant Equipment		15 478	12 814	7 429	6 564
Total Assets Less Current Liabilities	168 582	164 327	156 593	99 065	92 397
Trade Creditors Trade Payables	39 092	80 482	35 821	41 126	21 594
Trade Debtors Trade Receivables	50 116	69 732	43 380	36 117	22 024
Turnover Revenue	1 691 649	1 661 314	1 554 815	1 453 147	1 173 580
Wages Salaries	938 099	873 333	802 606	806 957	606 879
Average Number Employees During Period				23	18