LLOYDS WEALTH MANAGEMENT LIMITED
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Cash
£101M
+66.2% highest in 3 filed years
Net assets
£97M
+52.3% highest in 3 filed years
Employees
756
-7.1% lowest in 3 filed years
Profit before tax
£44M
+185.3% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £100,619,000 | £121,270,000 | £131,841,000 | +8.7% | |
| Operating profit | — | £13,553,000 | £40,997,000 | +202.5% | |
| Profit before tax | -£13,344,000 | £15,479,000 | £44,155,000 | +185.3% | |
| Net profit | -£9,649,000 | £11,460,000 | £33,277,000 | +190.4% | |
| Cash | £45,422,000 | £60,959,000 | £101,319,000 | +66.2% | |
| Total assets less current liabilities | £56,249,000 | £67,378,000 | — | — | |
| Net assets | £52,207,000 | £63,667,000 | £96,944,000 | +52.3% | |
| Equity | £52,207,000 | £63,667,000 | £96,944,000 | +52.3% | |
| Average employees | 885 | 814 | 756 | -7.1% | |
| Wages | £63,685,000 | £60,291,000 | £75,616,000 | +25.4% | |
| Directors' remuneration | £855,000 | £1,171,000 | £908,000 | -22.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 11.2% | 31.1% | |
| Net margin | -9.6% | 9.4% | 25.2% | |
| Return on capital employed | — | 20.1% | — | |
| Gearing (liabilities / total assets) | 38.1% | 38.2% | 30.6% | |
| Current ratio | 2.42x | 2.64x | — | |
| Interest cover | — | 75.72x | — |
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.
Name history
Renamed 2 times since incorporation
- LLOYDS WEALTH MANAGEMENT LIMITED 2026-05-05 → present
- SCOTTISH WIDOWS SCHRODER PERSONAL WEALTH LIMITED 2019-04-05 → 2026-05-05
- RED BOX OPCO LIMITED 2018-12-11 → 2019-04-05
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 company'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.”
Significant events
- “On 9 October 2025, Lloyds Banking Group plc ("LBG") and Schroders plc ended their joint venture through a share exchange, resulting in LBG acquiring Schroders' 49.9% interest and becoming the Company's sole shareholder.”
- “On 5 December 2025, the FCA approved change of control to Scottish Widows Group Limited. This was executed on 2 February 2026, when Scottish Widows Group Limited ("SWG") took 100% ownership of SPW.”
- “In January 2026, the Company announced the restructuring of its senior leadership team, resulting in a number of executive directors departing SPW during 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAMAN, Krishna Venkata | Secretary | 2019-09-24 | — | — |
| BRUMPTON, Dena Jane | Director | 2022-11-28 | Dec 1963 | British |
| DICKINSON, Rupert | Director | 2021-06-22 | Aug 1973 | British |
| MCNAMARA, Paul Gerard | Director | 2026-03-02 | Sep 1966 | Irish |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GITTINS, Paul | Secretary | 2018-12-11 | 2019-09-24 |
| BROOKES, Marcus Kenneth | Director | 2021-04-14 | 2022-02-28 |
| DUCKWORTH, Mark | Director | 2020-11-02 | 2026-06-12 |
| HETHERINGTON, Peter Geoffrey | Director | 2019-11-29 | 2020-06-17 |
| RAINBOW, James Conrad Ian | Director | 2020-06-25 | 2020-11-02 |
| RAINBOW, James Conrad Ian | Director | 2018-12-11 | 2019-11-29 |
| RIPLEY, Joel Charles | Director | 2018-12-11 | 2026-02-02 |
| WATERHOUSE, Ben | Director | 2022-11-29 | 2025-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish Widows Schroder Wealth Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-11 | Active |
Filing timeline
Last 20 of 63 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-20 RESOLUTIONS Resolution
- 2026-05-05 CERTNM Certificate change of name company PDF
- 2025-10-21 MA Memorandum articles
- 2025-10-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2026-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-20 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-15 | CH03 | officers | Change person secretary company with change date | |
| 2025-10-21 | MA | incorporation | Memorandum articles | |
| 2025-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | CH01 | officers | Change person director company with change date | |
| 2024-09-27 | CH01 | officers | Change person director company with change date | |
| 2024-09-27 | CH01 | officers | Change person director company with change date | |
| 2024-09-27 | CH01 | officers | Change person director company with change date | |
| 2024-09-03 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.