samsung asset management (london) ltd. Company Information
Company Number
02562916
Website
samsungfund.comRegistered Address
first floor, east wing, 30 gresham street, london, EC2V 7PG
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02077766402
Next Accounts Due
September 2025
Group Structure
View All
samsung asset management (london) ltd. Estimated Valuation
Pomanda estimates the enterprise value of SAMSUNG ASSET MANAGEMENT (LONDON) LTD. at £7.5m based on a Turnover of £3.8m and 2x industry multiple (adjusted for size and gross margin).
samsung asset management (london) ltd. Estimated Valuation
Pomanda estimates the enterprise value of SAMSUNG ASSET MANAGEMENT (LONDON) LTD. at £16.8m based on an EBITDA of £2.1m and a 8.04x industry multiple (adjusted for size and gross margin).
samsung asset management (london) ltd. Estimated Valuation
Pomanda estimates the enterprise value of SAMSUNG ASSET MANAGEMENT (LONDON) LTD. at £44.4m based on Net Assets of £22.1m and 2.01x industry multiple (adjusted for liquidity).
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Samsung Asset Management (london) Ltd. Overview
Samsung Asset Management (london) Ltd. is a live company located in london, EC2V 7PG with a Companies House number of 02562916. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 1990, it's largest shareholder is samsung asset management co ltd with a 100% stake. Samsung Asset Management (london) Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £3.8m with high growth in recent years.
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Samsung Asset Management (london) Ltd. Health Check
Pomanda's financial health check has awarded Samsung Asset Management (London) Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
3 Weak
Size
annual sales of £3.8m, make it smaller than the average company (£5.5m)
£3.8m - Samsung Asset Management (london) Ltd.
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (4.9%)
21% - Samsung Asset Management (london) Ltd.
4.9% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (58.7%)
100% - Samsung Asset Management (london) Ltd.
58.7% - Industry AVG
Profitability
an operating margin of 53.1% make it more profitable than the average company (9.1%)
53.1% - Samsung Asset Management (london) Ltd.
9.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (16)
7 - Samsung Asset Management (london) Ltd.
16 - Industry AVG
Pay Structure
on an average salary of £168k, the company has a higher pay structure (£84.1k)
£168k - Samsung Asset Management (london) Ltd.
£84.1k - Industry AVG
Efficiency
resulting in sales per employee of £535.9k, this is more efficient (£234.5k)
£535.9k - Samsung Asset Management (london) Ltd.
£234.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Samsung Asset Management (london) Ltd.
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Samsung Asset Management (london) Ltd.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Samsung Asset Management (london) Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 185 weeks, this is more cash available to meet short term requirements (36 weeks)
185 weeks - Samsung Asset Management (london) Ltd.
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (58.5%)
4.4% - Samsung Asset Management (london) Ltd.
58.5% - Industry AVG
SAMSUNG ASSET MANAGEMENT (LONDON) LTD. financials
Samsung Asset Management (London) Ltd.'s latest turnover from December 2023 is £3.8 million and the company has net assets of £22.1 million. According to their latest financial statements, Samsung Asset Management (London) Ltd. has 7 employees and maintains cash reserves of £2.8 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 | 3,751,239 | 2,583,856 | 2,231,976 | 2,114,343 | 2,380,330 | 2,363,309 | 2,092,558 | 1,720,536 | 1,868,954 | 2,536,541 | 2,399,173 | 2,041,314 | 2,226,122 | 2,112,596 | 1,742,642 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Cost Of Sales | 0 | 0 | 0 | 23,884 | 69,643 | 76,594 | 88,764 | 54,031 | 325,193 | 457,517 | 466,247 | 512,760 | 566,868 | ||
Gross Profit | 3,751,239 | 2,583,856 | 2,231,976 | 2,090,459 | 2,310,687 | 2,286,715 | 2,003,794 | 1,666,505 | 1,543,761 | 2,079,024 | 1,932,926 | 1,528,554 | 1,659,254 | ||
Admin Expenses | 1,760,225 | 1,499,651 | 1,566,593 | 1,868,074 | 1,849,289 | 1,638,914 | 1,572,437 | 1,717,163 | 1,641,381 | ||||||
Operating Profit | 1,991,014 | 1,084,205 | 665,383 | 222,385 | 461,398 | 647,801 | 431,357 | -50,658 | -97,620 | ||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 543,014 | 401,711 | 358,485 | 353,074 | 345,548 | 0 | 0 | 320,747 | 334,116 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 2,538,135 | 1,507,645 | 1,002,154 | 594,379 | 770,395 | 971,003 | 759,487 | 330,257 | 264,839 | 453,658 | 364,949 | 27,567 | 384,283 | 325,406 | 536,014 |
Tax | -602,752 | -291,352 | -193,998 | -116,070 | -152,228 | -191,067 | -136,368 | -72,751 | -67,349 | -104,975 | -95,208 | -17,880 | -114,791 | -105,690 | -170,145 |
Profit After Tax | 1,935,383 | 1,216,293 | 808,156 | 478,309 | 618,167 | 779,936 | 623,119 | 257,506 | 197,490 | 348,683 | 269,741 | 9,687 | 269,492 | 219,716 | 365,869 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 1,935,383 | 1,216,293 | 808,156 | 478,309 | 618,167 | 779,936 | 623,119 | 257,506 | 197,490 | 348,683 | 269,741 | 9,687 | 269,492 | 219,716 | 365,869 |
Employee Costs | 1,176,166 | 0 | 0 | 1,303,458 | 1,133,238 | 1,042,654 | 1,016,056 | 1,121,194 | 1,109,916 | 1,092,627 | 1,131,661 | 1,066,311 | 830,186 | 699,734 | 776,308 |
Number Of Employees | 7 | 7 | 8 | 11 | 11 | 11 | 10 | 9 | 10 | 8 | 8 | 8 | 7 | 7 | 7 |
EBITDA* | 2,094,981 | 1,193,406 | 781,538 | 374,652 | 643,294 | 678,813 | 431,357 | -22,247 | -97,620 |
* 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 | 35,845 | 19,297,181 | 11,366,925 | 13,651,817 | 15,933,121 | 15,913,493 | 12,713,746 | 76,339 | 94,778 | 122,673 | 4,354 | 5,792 | 5,220 | 4,450 | 6,911 |
Intangible Assets | 326,054 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 18,000,651 | 18,849,662 | 11,259,560 | 13,453,583 | 15,595,343 | 15,881,333 | 12,656,480 | 10,771,615 | 12,389,206 | 13,585,319 | 8,457,761 | 7,810,232 | 7,508,838 | 6,960,489 | 8,752,864 |
Debtors (Due After 1 year) | 4,469 | 10,382 | 7,570 | 7,671 | 4,429 | 1,000 | 3,000 | 0 | 0 | 0 | 0 | 26,476 | 142,708 | 140,121 | 0 |
Total Fixed Assets | 18,367,019 | 19,297,181 | 11,366,925 | 13,648,588 | 15,933,121 | 15,913,493 | 12,713,746 | 10,847,954 | 12,483,984 | 13,707,992 | 8,462,115 | 7,842,500 | 7,656,766 | 7,105,060 | 8,759,775 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 419,172 | 381,259 | 254,300 | 0 | 0 | 0 | 0 | 0 | 0 | 354,884 |
Group Debtors | 700,140 | 683,537 | 589,879 | 507,907 | 598,435 | 654,203 | 571,527 | 507,337 | 479,788 | 590,913 | 626,548 | 507,063 | 469,433 | 395,825 | 462,197 |
Misc Debtors | 706,956 | 680,499 | 598,655 | 596,395 | 592,732 | 168,856 | 163,863 | 98,874 | 389,667 | 479,079 | 484,093 | 501,259 | 446,164 | 419,308 | 198,663 |
Cash | 2,771,822 | 328,506 | 1,778,903 | 939,703 | 1,324,039 | 420,132 | 771,894 | 1,194,632 | 675,983 | 804,528 | 2,956,367 | 2,999,208 | 5,232,270 | 1,274,564 | 1,275,369 |
misc current assets | 582,880 | 0 | 5,099,688 | 3,043,236 | 56 | 0 | 2,014,995 | 3,234,118 | 1,704,777 | 935 | 2,553,372 | 3,002,752 | 1,207,573 | 5,446,268 | 3,524,470 |
total current assets | 4,761,798 | 1,692,542 | 8,067,125 | 5,087,241 | 2,515,262 | 1,662,363 | 3,903,538 | 5,289,261 | 3,250,215 | 1,875,455 | 6,620,380 | 7,010,282 | 7,355,440 | 7,535,965 | 5,815,583 |
total assets | 23,128,817 | 20,989,723 | 19,434,050 | 18,735,829 | 18,448,383 | 17,575,856 | 16,617,284 | 16,137,215 | 15,734,199 | 15,583,447 | 15,082,495 | 14,852,782 | 15,012,206 | 14,641,025 | 14,575,358 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 4,884 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,932 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 89,334 | 91,342 | 106,485 | 156,302 | 192,650 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 689,368 | 389,431 | 355,945 | 332,410 | 330,623 | 395,188 | 281,766 | 428,111 | 295,719 | 342,253 | 236,082 | 276,110 | 445,221 | 343,532 | 497,581 |
total current liabilities | 778,702 | 485,657 | 462,430 | 488,712 | 523,273 | 395,188 | 281,766 | 446,043 | 295,719 | 342,253 | 236,082 | 276,110 | 445,221 | 343,532 | 497,581 |
loans | 0 | 659,958 | 27,652 | 194,958 | 507,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 240,645 | 329,979 | 13,826 | 97,479 | 253,781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 127,506 | 0 | 38,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 62,219 | 0 | 42,401 | 46,083 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 146 | 2,345 | 3,478 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 240,645 | 329,979 | 13,826 | 97,479 | 253,781 | 127,506 | 62,292 | 41,065 | 45,879 | 46,083 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,019,347 | 815,636 | 476,256 | 586,191 | 777,054 | 522,694 | 344,058 | 487,108 | 341,598 | 388,336 | 236,082 | 276,110 | 445,221 | 343,532 | 497,581 |
net assets | 22,109,470 | 20,174,087 | 18,957,794 | 18,149,638 | 17,671,329 | 17,053,162 | 16,273,226 | 15,650,107 | 15,392,601 | 15,195,111 | 14,846,413 | 14,576,672 | 14,566,985 | 14,297,493 | 14,077,777 |
total shareholders funds | 22,109,470 | 20,174,087 | 18,957,794 | 18,149,638 | 17,671,329 | 17,053,162 | 16,273,226 | 15,650,107 | 15,392,601 | 15,195,111 | 14,846,413 | 14,576,672 | 14,566,985 | 14,297,493 | 14,077,777 |
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 | 1,991,014 | 1,084,205 | 665,383 | 222,385 | 461,398 | 647,801 | 431,357 | -50,658 | -97,620 | ||||||
Depreciation | 7,221 | 109,201 | 116,155 | 152,267 | 181,896 | 31,012 | 28,411 | 0 | 15,288 | 180,598 | 1,482 | 3,339 | 4,237 | 4,167 | |
Amortisation | 96,746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | -602,752 | -291,352 | -193,998 | -116,070 | -152,228 | -191,067 | -136,368 | -72,751 | -67,349 | -104,975 | -95,208 | -17,880 | -114,791 | -105,690 | -170,145 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 37,147 | 178,314 | 84,131 | -83,623 | -47,635 | 123,582 | 259,138 | -8,944 | -200,537 | -40,649 | 75,843 | -23,507 | 103,051 | -60,490 | 1,015,744 |
Creditors | -4,884 | 4,884 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 299,937 | 33,486 | 23,535 | 1,787 | -192,071 | 240,928 | -185,065 | 171,112 | -46,534 | 106,171 | -40,028 | -169,111 | 101,689 | -154,049 | 497,581 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -146 | -2,199 | -1,133 | 3,478 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 1,750,135 | 762,110 | 526,944 | 343,992 | 346,630 | 604,946 | 83,925 | -7,488 | |||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -849,011 | 7,590,102 | -2,194,023 | -2,141,760 | -285,990 | 3,224,853 | 1,884,865 | -1,617,591 | -1,196,113 | 5,127,558 | 647,529 | 301,394 | 548,349 | -1,792,375 | 8,752,864 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -17,932 | 17,932 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -659,958 | 632,306 | -167,306 | -312,604 | 507,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -91,342 | 301,010 | -133,470 | -192,650 | 446,431 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | -62,219 | 62,219 | -42,401 | -3,682 | 46,083 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 543,014 | 401,711 | 358,485 | 353,074 | 345,548 | 0 | 0 | 320,747 | 334,116 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from financing | -208,286 | 1,335,027 | 57,709 | -152,180 | 1,299,541 | -62,219 | 44,287 | 296,278 | 330,434 | 46,098 | 0 | 0 | 0 | 0 | 13,711,908 |
cash and cash equivalents | |||||||||||||||
cash | 2,443,316 | -1,450,397 | 839,200 | -384,336 | 903,907 | -351,762 | -422,738 | 518,649 | -128,545 | -2,151,839 | -42,841 | -2,233,062 | 3,957,706 | -805 | 1,275,369 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 2,443,316 | -1,450,397 | 839,200 | -384,336 | 903,907 | -351,762 | -422,738 | 518,649 | -128,545 | -2,151,839 | -42,841 | -2,233,062 | 3,957,706 | -805 | 1,275,369 |
samsung asset management (london) ltd. Credit Report and Business Information
Samsung Asset Management (london) Ltd. Competitor Analysis
Perform a competitor analysis for samsung asset management (london) ltd. by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
samsung asset management (london) ltd. Ownership
SAMSUNG ASSET MANAGEMENT (LONDON) LTD. group structure
Samsung Asset Management (London) Ltd. has no subsidiary companies.
Ultimate parent company
SAMSUNG LIFE INSURANCE CO LTD
#0029031
SAMSUNG ASSET MANAGEMENT CO LTD
#0101628
2 parents
SAMSUNG ASSET MANAGEMENT (LONDON) LTD.
02562916
samsung asset management (london) ltd. directors
Samsung Asset Management (London) Ltd. currently has 3 directors. The longest serving directors include Mr Yeon Cho (Oct 2022) and Mr Jiho Park (Jan 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Yeon Cho | 46 years | Oct 2022 | - | Director | |
Mr Jiho Park | 48 years | Jan 2023 | - | Director | |
Mr Jin Yu | 42 years | Jan 2024 | - | Director |
P&L
December 2023turnover
3.8m
+45%
operating profit
2m
+84%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.1m
+0.1%
total assets
23.1m
+0.1%
cash
2.8m
+7.44%
net assets
Total assets minus all liabilities
samsung asset management (london) ltd. company details
company number
02562916
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
November 1990
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
samsung life investment (u.k.) ltd. (December 2015)
neatdouble limited (January 1991)
accountant
-
auditor
DELOITTE LLP
address
first floor, east wing, 30 gresham street, london, EC2V 7PG
Bank
J P MORGAN CHASE BANK
Legal Advisor
-
samsung asset management (london) ltd. 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 found 2 charges/mortgages relating to samsung asset management (london) ltd.. Currently there are 1 open charges and 1 have been satisfied in the past.
samsung asset management (london) ltd. Companies House Filings - See Documents
date | description | view/download |
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