Pomanda estimates the enterprise value of THE LONDON METAL EXCHANGE at £258.1m based on a Turnover of £162.2m and 1.59x industry multiple (adjusted for size and gross margin).
the london metal exchangeEstimated Valuation
£478.5m
Pomanda estimates the enterprise value of THE LONDON METAL EXCHANGE at £478.5m based on an EBITDA of £68.1m and a 7.03x industry multiple (adjusted for size and gross margin).
the london metal exchangeEstimated Valuation
£440.3m
Pomanda estimates the enterprise value of THE LONDON METAL EXCHANGE at £440.3m based on Net Assets of £249.6m and 1.76x industry multiple (adjusted for liquidity).
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The London Metal ExchangeOverview
The London Metal Exchange is a live company located in london, EC2A 1AJ with a Companies House number of 02128666. It operates in the security and commodity contracts dealing activities sector, SIC Code 66120. Founded in May 1987, it's largest shareholder is
lme holdings ltd
with a 100% stake. The London Metal Exchange is a mature,
mega sized company, Pomanda has estimated its turnover at
£162.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded The London Metal Exchange a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
1 Regular
2 Weak
Size
annual sales of £162.2m, make it larger than the average company (£10.5m)
£162.2m - The London Metal Exchange
£10.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.6%)
0% - The London Metal Exchange
4.6% - Industry AVG
Production
with a gross margin of 42.1%, this company has a comparable cost of product (42.1%)
42.1% - The London Metal Exchange
42.1% - Industry AVG
Profitability
an operating margin of 35.2% make it more profitable than the average company (7.7%)
35.2% - The London Metal Exchange
7.7% - Industry AVG
Employees
with 339 employees, this is above the industry average (17)
339 - The London Metal Exchange
17 - Industry AVG
Pay Structure
on an average salary of £148.9k, the company has a higher pay structure (£121.4k)
£148.9k - The London Metal Exchange
£121.4k - Industry AVG
Efficiency
resulting in sales per employee of £478.5k, this is more efficient (£348.2k)
£478.5k - The London Metal Exchange
£348.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (40 days)
7 days - The London Metal Exchange
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The London Metal Exchange
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The London Metal Exchange
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 183 weeks, this is more cash available to meet short term requirements (35 weeks)
183 weeks - The London Metal Exchange
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16%, this is a lower level of debt than the average (70.6%)
16% - The London Metal Exchange
70.6% - Industry AVG
THE LONDON METAL EXCHANGE financials
EXPORT
The London Metal Exchange's latest turnover from December 2023 is £162.2 million and the company has net assets of £249.6 million. According to their latest financial statements, The London Metal Exchange has 339 employees and maintains cash reserves of £111.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
162,212,411
150,103,556
165,011,245
162,978,911
137,088,223
153,339,617
143,564,258
146,819,106
173,709,229
112,389,678
99,408,000
81,411,000
61,179,000
50,763,000
43,597,000
Other Income Or Grants
Cost Of Sales
93,919,812
86,908,873
99,834,845
105,138,226
86,826,689
97,392,307
90,530,687
67,796,357
38,547,379
33,903,725
33,587,161
28,498,077
21,946,539
17,232,348
Gross Profit
68,292,599
63,194,683
65,176,400
57,840,686
50,261,534
55,947,310
53,033,571
79,022,749
135,161,849
78,485,953
65,820,839
52,912,923
39,232,461
33,530,652
Admin Expenses
11,205,820
8,508,964
-10,863,761
-18,839,612
-16,248,433
-20,788,474
-28,820,211
1,876,988
43,777,555
43,345,606
32,493,839
48,809,923
27,993,461
21,386,652
-16,598,000
Operating Profit
57,086,779
54,685,719
76,040,161
76,680,298
66,509,967
76,735,784
81,853,782
77,145,761
91,384,294
35,140,347
33,327,000
4,103,000
11,239,000
12,144,000
16,598,000
Interest Payable
444,730
513,767
641,767
659,931
604,411
Interest Receivable
5,123,223
1,351,047
80,321
656,723
1,614,590
1,945,491
679,745
214,140
122,893
156,475
27,000
224,000
129,000
310,000
668,000
Pre-Tax Profit
62,075,138
56,113,832
75,627,309
75,329,164
66,909,374
78,288,564
83,696,069
75,373,839
106,284,588
35,593,302
53,209,000
4,327,000
11,368,000
12,454,000
17,266,000
Tax
-15,447,540
-11,104,600
-14,220,884
-13,346,965
-12,372,402
-15,109,174
-15,929,190
-15,504,501
-22,368,218
-6,889,026
-12,775,000
-1,038,000
-3,701,000
-3,013,000
-3,726,000
Profit After Tax
46,627,599
45,009,232
61,406,426
61,982,199
54,536,972
63,179,391
67,766,879
59,869,338
83,916,370
28,704,276
40,434,000
3,289,000
7,667,000
9,441,000
13,540,000
Dividends Paid
28,096,652
28,112,450
37,687,435
62,208,398
98,177,820
57,475,669
58,072,009
38,645,849
17,131,974
35,000,000
4,515,000
3,365,000
Retained Profit
46,627,599
16,912,579
33,293,976
24,294,764
-7,671,427
-34,998,429
10,291,210
1,797,329
45,270,521
11,572,301
5,434,000
3,289,000
7,667,000
4,926,000
10,175,000
Employee Costs
50,469,615
45,181,023
43,502,811
41,284,580
33,499,222
33,743,324
29,443,636
26,475,755
34,513,835
26,525,976
16,576,000
33,642,000
13,165,000
9,091,000
9,109,000
Number Of Employees
339
300
306
313
260
240
476
461
482
392
241
202
187
173
168
EBITDA*
68,074,175
68,518,101
95,118,875
95,186,432
81,434,327
91,985,547
94,351,291
92,768,583
106,055,031
51,236,703
43,514,000
14,290,000
20,371,000
18,327,000
20,329,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
15,328,731
13,638,115
27,782,329
31,715,179
24,693,906
9,971,725
10,394,666
11,651,423
13,489,720
4,068,355
16,128,000
12,582,000
14,562,000
5,398,000
5,932,000
Intangible Assets
136,601,911
102,826,523
71,376,707
56,260,925
33,516,188
33,032,516
31,179,401
24,881,678
26,248,261
22,494,681
26,309,000
26,825,000
25,707,000
24,116,000
18,691,000
Investments & Other
10,953,000
9,724,000
13,047,000
2,725,000
2,725,000
Debtors (Due After 1 year)
728,104
669,503
1,903,614
2,098,468
1,283,755
Total Fixed Assets
151,202,536
115,795,135
97,255,421
85,877,636
58,210,094
43,004,241
41,574,066
36,533,101
39,737,981
26,563,036
42,437,000
39,407,000
40,269,000
29,514,000
24,623,000
Stock & work in progress
Trade Debtors
3,273,661
2,565,626
866,667
2,544,303
2,571,752
16,652,529
15,839,528
8,649,826
10,861,030
6,981,000
5,020,000
3,020,000
2,321,000
2,116,000
Group Debtors
5,044,176
1,630,182
1,302,841
117,027
19,158
12,205,064
14,252,000
Misc Debtors
23,910,251
20,415,027
24,486,746
22,046,347
16,603,986
4,670,122
3,791,095
11,316,782
14,541,660
23,618,831
11,770,000
9,578,000
8,821,000
7,558,000
6,677,000
Cash
111,094,163
103,950,389
109,878,714
98,485,285
86,705,782
114,913,603
144,647,865
132,251,742
130,234,966
52,693,706
62,294,000
30,792,000
27,018,000
21,015,000
20,625,000
misc current assets
7,619,812
7,470,499
1,740,609
13,822,661
13,429,000
18,018,000
total current assets
145,897,889
134,401,541
140,276,305
124,706,118
107,184,363
136,353,283
164,297,647
152,218,351
157,378,266
102,340,265
81,045,000
73,071,000
56,877,000
30,894,000
29,418,000
total assets
297,100,425
250,196,676
237,531,726
210,583,754
165,394,457
179,357,524
205,871,713
188,751,452
197,116,247
128,903,301
123,482,000
112,478,000
97,146,000
60,408,000
54,041,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
42,546
69,037
1
1
1
1
50,786
other short term finances
hp & lease commitments
1,635,225
1,477,883
1,865,060
2,294,122
1,623,073
474,395
261,322
130,622
165,397
154,000
154,000
154,000
154,000
other current liabilities
29,754,354
31,039,576
31,930,922
36,252,905
32,348,365
39,887,682
35,711,547
39,629,789
41,408,253
21,312,881
34,845,000
16,801,000
16,848,000
12,114,000
10,234,000
total current liabilities
31,432,127
32,586,498
33,795,984
38,547,029
33,971,441
40,362,080
35,972,871
39,629,791
41,538,878
21,529,065
34,845,000
16,955,000
17,002,000
12,268,000
10,388,000
loans
22,735,810
25,614,512
33,397,590
37,793,280
36,671,850
9,729,814
9,375,430
5,551,684
3,022,104
2,809,690
2,922,000
3,230,000
3,538,000
3,846,000
4,154,000
hp & lease commitments
11,367,905
12,807,256
16,698,795
18,896,640
18,335,925
4,864,907
4,687,715
2,775,842
1,511,052
1,404,845
1,461,000
1,615,000
1,769,000
1,923,000
2,077,000
Accruals and Deferred Income
other liabilities
provisions
9,350,564
2,474,109
2,163,854
2,181,060
1,545,312
1,650,958
1,710,474
1,479,384
1,879,734
85,100
74,000
8,766,000
11,746,000
440,000
1,396,000
total long term liabilities
16,043,188
14,044,312
17,780,722
19,987,170
19,108,581
5,690,386
5,542,953
3,515,534
2,450,919
1,447,395
1,498,000
5,998,000
7,642,000
2,143,000
2,775,000
total liabilities
47,475,315
46,630,810
51,576,706
58,534,199
53,080,022
46,052,466
41,515,824
43,145,325
43,989,797
22,976,460
36,343,000
22,953,000
24,644,000
14,411,000
13,163,000
net assets
249,625,110
203,565,867
185,955,020
152,049,555
112,314,435
133,305,058
164,355,889
145,606,127
153,126,450
105,926,841
87,139,000
89,525,000
72,502,000
45,997,000
40,878,000
total shareholders funds
249,625,110
203,565,867
185,955,020
152,049,555
112,314,435
133,305,058
164,355,889
145,606,127
153,126,449
105,926,841
87,139,000
89,525,000
72,502,000
45,997,000
40,878,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
57,086,779
54,685,719
76,040,161
76,680,298
66,509,967
76,735,784
81,853,782
77,145,761
91,384,294
35,140,347
33,327,000
4,103,000
11,239,000
12,144,000
16,598,000
Depreciation
2,221,241
1,738,781
5,417,671
4,981,958
3,774,212
2,621,740
2,461,491
3,661,440
2,761,632
2,115,847
1,362,000
1,362,000
1,712,000
1,539,000
1,164,000
Amortisation
8,766,155
12,093,601
13,661,044
13,524,176
11,150,148
12,628,023
10,036,018
11,961,382
11,909,104
13,980,509
8,825,000
8,825,000
7,420,000
4,644,000
2,567,000
Tax
-15,447,540
-11,104,600
-14,220,884
-13,346,965
-12,372,402
-15,109,174
-15,929,190
-15,504,501
-22,368,218
-6,889,026
-12,775,000
-1,038,000
-3,701,000
-3,013,000
-3,726,000
Stock
Debtors
4,261,860
-8,651,048
3,981,904
6,556,965
322,656
1,789,898
-316,827
-5,436,081
-10,421,207
17,072,896
-10,099,000
17,009,000
1,962,000
1,086,000
8,793,000
Creditors
Accruals and Deferred Income
-1,285,222
-891,346
-4,321,983
3,904,540
-7,539,317
4,176,135
-3,918,242
-1,778,464
20,095,372
-13,532,119
18,044,000
-47,000
4,734,000
1,880,000
10,234,000
Deferred Taxes & Provisions
6,876,455
310,255
-17,206
635,748
-105,646
-59,516
231,090
-400,350
1,794,634
11,100
-8,692,000
-2,980,000
11,306,000
-956,000
1,396,000
Cash flow from operations
53,956,008
65,483,458
72,576,899
79,822,790
61,094,306
79,203,094
75,051,776
80,521,349
115,998,025
13,753,762
50,190,000
-6,784,000
30,748,000
15,152,000
19,440,000
Investing Activities
capital expenditure
-46,453,399
-31,137,985
-30,261,646
-48,272,144
-30,130,213
-16,679,938
-17,538,475
-12,417,943
-27,845,681
-222,392
-13,217,000
-9,325,000
-19,887,000
-11,074,000
-28,354,000
Change in Investments
-10,953,000
1,229,000
-3,323,000
10,322,000
2,725,000
cash flow from investments
-46,453,399
-31,137,985
-30,261,646
-48,272,144
-30,130,213
-16,679,938
-17,538,475
-12,417,943
-27,845,681
10,730,608
-14,446,000
-6,002,000
-30,209,000
-11,074,000
-31,079,000
Financing Activities
Bank loans
Group/Directors Accounts
-26,491
69,037
-1
-50,785
50,786
Other Short Term Loans
Long term loans
-2,878,702
-7,783,078
-4,395,690
1,121,430
26,942,036
354,384
3,823,746
2,529,580
212,414
-112,310
-308,000
-308,000
-308,000
-308,000
4,154,000
Hire Purchase and Lease Commitments
-1,282,009
-4,278,716
-2,626,907
1,231,764
14,619,696
390,265
2,173,195
1,134,168
71,432
109,242
-308,000
-154,000
-154,000
-154,000
2,231,000
other long term liabilities
share issue
-568,355
698,268
611,489
15,440,356
-13,319,196
3,947,598
8,458,553
-9,317,652
1,929,087
7,215,540
-7,820,000
13,734,000
18,838,000
193,000
30,703,000
interest
4,678,493
837,280
-561,446
-3,208
1,010,179
1,945,491
679,745
214,140
122,893
156,475
27,000
224,000
129,000
310,000
668,000
cash flow from financing
-77,064
-10,457,209
-6,972,554
17,790,342
29,252,715
6,637,738
15,135,239
-5,439,765
2,285,041
7,419,733
-8,409,000
13,496,000
18,505,000
41,000
37,756,000
cash and cash equivalents
cash
7,143,774
-5,928,325
11,393,429
11,779,503
-28,207,821
-29,734,262
12,396,123
2,016,776
77,541,260
-9,600,294
31,502,000
3,774,000
6,003,000
390,000
20,625,000
overdraft
change in cash
7,143,774
-5,928,325
11,393,429
11,779,503
-28,207,821
-29,734,262
12,396,123
2,016,776
77,541,260
-9,600,294
31,502,000
3,774,000
6,003,000
390,000
20,625,000
the london metal exchange Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the london metal exchange. Get real-time insights into the london metal exchange's credit score, group structure and payment trends.
Perform a competitor analysis for the london metal exchange by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2A area or any other competitors across 12 key performance metrics.
the london metal exchange Ownership
THE LONDON METAL EXCHANGE group structure
The London Metal Exchange has no subsidiary companies.
66120 - Security and commodity contracts brokerage
incorporation date
May 1987
age
38
incorporated
UK
ultimate parent company
HONG KONG EXCHANGES & CLEARING LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
london metal exchange limited(the) (December 2012)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
10 finsbury square, london, EC2A 1AJ
Bank
-
Legal Advisor
-
the london metal exchange Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to the london metal exchange.
the london metal exchange Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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the london metal exchangeCompanies House Filings - See Documents
