CDC WEALTH MANAGEMENT LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.3 of the financial statements which explains that the accounts are not prepared on a going concern basis following the transfer of the trade and assets of the company to another group entity. Following this transaction the company no longer trades. Accordingly the accounts have been prepared on a basis other than that of a going concern, as disclosed at note 2.3.

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

  -20.6%

  £1,118,912 → £888,513

• Cash

  —

  Not reported

• Net assets

  -99.9%

  £1,166,363 → £1,367

• Employees

  +12.5%

  8 → 9

• Operating profit

  -19.3%

  £524,835 → £423,489

• Profit before tax

  -20.9%

  £528,796 → £418,026

• Wages

  -6.5%

  £266,359 → £249,158

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

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.3 of the financial statements which explains that the accounts are not prepared on a going concern basis following the transfer of the trade and assets of the company to another group entity. Following this transaction the company no longer trades. Accordingly the accounts have been prepared on a basis other than that of a going concern, as disclosed at note 2.3.”

Significant events

• “As part of a rationalisation of legal entities within the Verso Group, the entire trade, assets and liabilities of the company were transferred to other group entities on 30 September 2024. From this date the company is no longer trading and has no further obligations.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.