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Statement
Citation
Source preview
Status
#B-001
The Company was incorporated in England and Wales on 14 March 2018.
Tab 1 · p. 1Cert of Incorporation
"...is this day incorporated under the Companies Act 2006. Given on 14 March 2018."
Supported
Rationale
Statement directly evidenced by the certificate of incorporation. Confidence: high.
#F-014
The Group's revenue for the year ended 31 December 2025 was £142.3 million.
Tab 3 · p. 42FY25 audited accounts
"Revenue for the year ended 31 December 2025: £142,318,000 (2024: £128,440,000)."
Supported
Rationale
Figure matches the audited income statement to the nearest £100k. Confidence: high.
#B-022
The Directors believe that the Group is well-positioned to benefit from continued growth in the UK wealth management market.
Routedopinion / forward-looking
For confirmation by directors. No documentary source required.
Director confirmation
Why this was routed out of source verification
Statement of director belief and forward-looking opinion. Customary practice is verification by directors' confirmation rather than documentary source. Included in the confirmations annex of the schedule.
#F-019
The Group holds £18.4 million in cash and cash equivalents as at 31 March 2026.
Tab 4 · p. 8Mgmt accounts Mar-26
"Cash and cash equivalents at 31 March 2026: £19,116,000."
Partially supported
Rationale
Source shows £19.1m, statement says £18.4m. Likely a draft figure that was updated in the management accounts after the draft was circulated. Resolve before the next draft circulates.
#D-007
The Company's Chief Executive Officer, James Holloway, has over twenty years of experience in financial services.
Tab 7 · p. 2CEO CV (board pack)
"James Holloway. Career history: 2002 to date, 24 years across investment management, retail wealth, and platform operations at three FCA-regulated firms."
Supported
Rationale
CV evidences 24 years in FCA-regulated financial services roles. "Over twenty years" is correctly stated. Confidence: high.
#B-031
The Group employs approximately 240 staff across three offices in London, Edinburgh, and Manchester.
Tab 4 · p. 11Board pack HR report
"Headcount at 30 April 2026: 232 across two locations (London HQ, Edinburgh client services). Manchester satellite closed 31 March 2026."
Contradicted
Rationale
Statement contradicted on both headcount (232 not approximately 240) and office count (two not three). Manchester closure pre-dates the draft. Statement requires correction.
#B-044
The Group's principal regulator is the Financial Conduct Authority.
Tab 9 · p. 1FCA register, FRN 812439
"Norwood Wealth Holdings Limited (FRN 812439) is authorised and regulated by the Financial Conduct Authority."
Supported
Rationale
FCA register confirms current authorisation. Confidence: high.
#B-058
Material contracts include the strategic partnership with Riverbank Insurance Limited dated 12 June 2024.
Not foundno candidate in source pack
No matching extract found in the source pack.
Not found
Why this was flagged
No document in the source pack references a Riverbank Insurance partnership. Either the executed contract is missing from the source pack, or the statement needs to come out of the draft. Add the contract to the source pack, or assign for confirmation before sign-off.
#F-027
Audit fees for the year ended 31 December 2025 amounted to £284,000.
Tab 3 · p. 71FY25 audited accounts, note 8
"Auditor's remuneration: audit of these financial statements £284,000 (2024: £261,000)."
Supported
Rationale
Figure matches note 8 exactly. Confidence: high.
#F-038
The Company expects to declare a maiden interim dividend within twelve months of Admission.
Routedforward-looking statement
For confirmation by directors. No documentary source required.
Director confirmation
Why this was routed out of source verification
Forward-looking statement of intent. Routed to the directors' confirmation annex of the schedule, in line with customary practice for dividend intentions.