How much does Richings Financial Management Ltd make?

Richings Financial Management Ltd reported revenue of £638k and £319k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

Is Richings Financial Management Ltd profitable?

Yes — Richings Financial Management Ltd reported a profit of £319k in the year to 31 May 2023.

Company No. 04158396 · Incorporated 12 Feb 2001

Richings Financial Management Ltd

Registered name: RICHINGS FINANCIAL MANAGEMENT LTD

Part of Mattioli Woods Limited group

Richings Financial Management Ltd made £638k revenue and £319k profit in the year to 31 May 2023.

Richings Financial Management Ltd’s revenue fell 17% to £638k in the year to 31 May 2023, with £319k profit. The company is classified under “activities auxiliary to financial intermediation” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSIC 66190Activities auxiliary to financial intermediation n.e.c.

Status: Liquidation
Location: Manchester
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 May 2023

Key figures

Revenue

£638k

Growth ▼17.4%

Profit

£319k

Growth ▼17.5%

Profit margin

50%

Gross 100%

Employees

—

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£773k	£638k
Cost of sales	−£972	£0
Gross profit	£772k	£638k
Operating profit	£479k	£401k
Profit before tax	£479k	£402k
Profit after tax	£387k	£319k
Profit (best available)	£387k	£319k
Employees (average)	—	—
Ratios
Profit margin	50%	50%
Gross margin	99.9%	100%
Growth (year on year)
Revenue growth	—	▼17.4%
Profit growth	—	▼17.5%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 50%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Mattioli Woods Limitedultimate parent75–100%
Richings Financial Management Ltdthis company

Bands show the share of ownership each company holds in the one below it.

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M C Trustees (Administration) LimitedFigures not disclosed
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M.W. Trustees LimitedFigures not disclosed
Mattioli Woods (New Walk) LimitedFigures not disclosed
Maven Capital Partners UK LLPFigures not disclosed
Mayflower Trustees LimitedFigures not disclosed
MC Nominees LimitedFigures not disclosed
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Opus Wealth Management LtdLiquidationFigures not disclosed
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Pole Arnold Financial Management LtdLiquidationFigures not disclosed
Professional Independent Pension Trustees LimitedFigures not disclosed
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Ropergate Trustees LimitedFigures not disclosed
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From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 May 2023 (profit £319k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.