Lumin Wealth Limited
Registered name: LUMIN WEALTH LIMITED
Part of Vz Holding Ag groupLumin Wealth Limited made £8.4m revenue and £670k profit in the year to 31 Dec 2024.
Lumin Wealth Limited’s revenue grew 22% to £8.4m in the year to 31 Dec 2024, with £670k profit and 32 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in ST. Albans; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- ST. Albans, East of England
- Age
- 29 yrs · since 1997
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5.5m | £6.9m | £8.4m |
| Gross profit | £5.5m | £6.9m | £8.4m |
| Operating profit | £898k | −£55k | £1.1m |
| Profit before tax | £897k | −£54.9k | £1.1m |
| Profit after tax | £795k | −£240k | £670k |
| Profit (best available) | £795k | −£240k | £670k |
| Staff costs | £1.2m | £2m | £1.9m |
| Employees (average) | 27 | 34 | 32 |
| Ratios | |||
| Profit margin | 14.5% | −3.5% | 8% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £204k | £203k | £263k |
| Profit per employee | £29.4k | −£7k | £20.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲25.4% | ▲22% |
| Profit growth | — | ▼130.1% | — |
| Headcount growth | — | ▲25.9% | ▼5.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £229k | £410k | £1.4m |
| Net assets | £7.2m | £11m | £13.3m |
| Fixed assets | £5.3m | £9.1m | £9.9m |
| Current assets | £2m | £2.2m | £3.8m |
| Debtors | £34.1k | £4.1k | £14.5k |
| Deferred income | £117k | £93.1k | £128k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £263k
- Revenue ÷ average employees.
- Profit per employee
- £20.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 117.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲21%
- Now £13.3m
- Cash at bank
- ▲241%
- Now £1.4m
- Headcount
- ▼6%
- Now 32
- Deferred income
- ▲37%
- Now £128k
- Fixed assets
- ▲8%
- Now £9.9m
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
- Vz Holding Ag (registered outside the UK register)ultimate parent75–100%
- Lumin Group Limited75–100%
- Lumin Wealth Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- Lumin Wealth Management LimitedRev. £1.2m · Profit −£13.8k
- Davidson Deem LimitedFigures not disclosed
- Gresham TT LimitedFigures not disclosed
- Lumin Advisory LimitedFigures not disclosed
- Lumin Asset Management LimitedFigures not disclosed
- Lumin Business Services LimitedFigures not disclosed
- Lumin Consulting Services LimitedFigures not disclosed
- Lumin DFM LimitedFigures not disclosed
- Lumin Financial Services LimitedFigures not disclosed
- Lumin Portfolio Management LimitedFigures not disclosed
- Professional Financial Centre (Thames Valley) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £670k), from the Companies House accounts bulk data published May 2025. 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.