DAVID WILLIAMS I F A LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  +17.2%

  £8,364,747 → £9,804,853

• Cash

  +51.5%

  £5,989,668 → £9,076,395

  highest in 3 filed years

• Net assets

  +42.1%

  £7,586,656 → £10,784,322

  highest in 3 filed years

• Employees

  +3.1%

  64 → 66

  highest in 3 filed years

• Operating profit

  +20%

  £3,086,023 → £3,703,558

• Profit before tax

  +26.4%

  £3,243,762 → £4,100,630

• Wages

  +5.6%

  £3,020,972 → £3,189,356

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

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

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing these financial statements, the directors have assessed the ability of the company to continue to operate for the period of at least twelve months from the date of signing the financial statements. Based on the current position the directors have a reasonable expectation that the company has adequate resources to continue in operational existence, along with the financial support of its directors, for a period of at least twelve months from the date of signing these financial statements and accordingly they adopt the going concern basis in preparing these financial statements.”

Group structure

1. DAVID WILLIAMS I F A LIMITED · parent
   1. The Retirement Desk Limited 0.25% · England and Wales · retirement planners

Significant events

• “As of 26th May 2023 a temporary and precautionary restriction on the Firm's assets has been agreed with the FCA. This is a public notice that can be seen in full on the FCA's register.”
• “After the year end the company paid a dividend of £6,931,097 to it's parent company, David Williams IFA Holdings Limited. This dividend was approved by the FCA.”

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

4

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.