Fry Wealth Limited
Registered name: FRY WEALTH LIMITED
Part of Progeny Holdings Limited groupFry Wealth Limited made £489k profit in the year to 31 Mar 2023 (revenue not disclosed).
Fry Wealth Limited reported £489k profit in the year to 31 Mar 2023, up 2% on the year before; its revenue was not disclosed. It had 4 employees. The company is classified under “other professional, scientific and technical activities” and is based in Leeds; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit before tax | — | £2.5m |
| Profit after tax | £479k | £489k |
| Profit (best available) | £479k | £489k |
| Staff costs | £0 | £0 |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | £120k | £122k |
| Growth (year on year) | ||
| Profit growth | — | ▲2.1% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £197k | £793 |
| Net assets | £705k | £1.2m |
| Fixed assets | £850k | £524k |
| Current assets | £449k | £532k |
| Debtors | £0 | £0 |
| Deferred income | £35.9k | £88.7k |
| Cash from operations | −£2m | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £122k
- 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.
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
- ▲69%
- Now £1.2m
- Cash at bank
- ▼100%
- Now £793
- Headcount
- 0%
- Now 4
- Deferred income
- ▲147%
- Now £88.7k
- Fixed assets
- ▼38%
- Now £524k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Progeny Holdings Limitedultimate parent75–100%
- The Progeny Group Limited75–100%
- Fry Wealth Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Wilfred T Fry LimitedRev. £0 · Profit −£679k
Sister companies (13)
- Progeny Asset Management LimitedRev. £3.9m · Profit £397k
- Affinity Ifa LimitedFigures not disclosed
- Balmoral Asset Management LimitedRev. — · Profit −£84.5k
- Carbon Financial Holdings LimitedFigures not disclosed
- Chartered Wealth Management LimitedFigures not disclosed
- CWM Investment Management LimitedFigures not disclosed
- Fiscal Engineers LimitedFigures not disclosed
- Gibbs Denley Holdings LimitedFigures not disclosed
- Gibbs Denley Investment Management LimitedFigures not disclosed
- Lawsco Holdings LimitedFigures not disclosed
- Progeny International LimitedFigures not disclosed
- Progeny Law and Tax LimitedFigures not disclosed
- Russell Ulyatt Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £489k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.