# LCM Family Limited (04709097)

> Why UK company 04709097 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04709097

- **Status:** In administration
- **Administration began:** 2026-04-28
- **Administrators:** Louise Longley, Gary Paul Shankland
- **Administrators' firm:** Begbies Traynor
- **Formerly:** LCM Wealth Management Limited; SPH 225 Limited
- **Incorporated:** 2003-03-24
- **Location:** Leeds
- **Industry:** 64999 Financial intermediation not elsewhere classified

## Why it went into administration

- Regulatory change or action

## From the administrators' statement

The Company was incorporated on 24 March 2003. The Company acted as a full-service provider to approximately 300 individual clients across 50 family groups. It provided financial, legal, tax and wealth management advice to its clients. It was dual regulated by both the Financial Conduct Authority (“FCA”) and Solicitors Regulation Authority (“SRA”) (together the “Regulators”). Assets under administration of the Firm at the time of the Administration were valued at c.£89m.

The Firm traded profitably for a number of years. In recent years performance has suffered as a Director took time away from the business due to ill health. During this period, there was a material reduction in investment activity and subsequently turnover.

Whilst the financial position began to improve as the Director returned to the business and investment activity increased, there has been a rapid operational deterioration with the sudden departure of a Director responsible for the Firm’s legal practice.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04709097/filing-history/MzUzOTkyMjI1OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04709097

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.