river and mercantile group limited
river and mercantile group limited Company Information
Company Number
04035248
Next Accounts
Jun 2025
Shareholders
assetco plc
Group Structure
View All
Industry
Security and commodity contracts brokerage
Registered Address
30 coleman street, london, EC2R 5AL
Website
-river and mercantile group limited Estimated Valuation
Pomanda estimates the enterprise value of RIVER AND MERCANTILE GROUP LIMITED at £317.7k based on a Turnover of £452k and 0.7x industry multiple (adjusted for size and gross margin).
river and mercantile group limited Estimated Valuation
Pomanda estimates the enterprise value of RIVER AND MERCANTILE GROUP LIMITED at £0 based on an EBITDA of £-26.6m and a 3.1x industry multiple (adjusted for size and gross margin).
river and mercantile group limited Estimated Valuation
Pomanda estimates the enterprise value of RIVER AND MERCANTILE GROUP LIMITED at £52.1m based on Net Assets of £29.5m and 1.76x industry multiple (adjusted for liquidity).
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River And Mercantile Group Limited Overview
River And Mercantile Group Limited is a live company located in london, EC2R 5AL with a Companies House number of 04035248. It operates in the security and commodity contracts dealing activities sector, SIC Code 66120. Founded in July 2000, it's largest shareholder is assetco plc with a 100% stake. River And Mercantile Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £452k with declining growth in recent years.
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River And Mercantile Group Limited Health Check
Pomanda's financial health check has awarded River And Mercantile Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £452k, make it smaller than the average company (£9.1m)
£452k - River And Mercantile Group Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -81%, show it is growing at a slower rate (4.4%)
-81% - River And Mercantile Group Limited
4.4% - Industry AVG
Production
with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)
39.8% - River And Mercantile Group Limited
39.8% - Industry AVG
Profitability
an operating margin of -6175.5% make it less profitable than the average company (7.8%)
-6175.5% - River And Mercantile Group Limited
7.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - River And Mercantile Group Limited
16 - Industry AVG
Pay Structure
on an average salary of £332k, the company has a higher pay structure (£115.7k)
£332k - River And Mercantile Group Limited
£115.7k - Industry AVG
Efficiency
resulting in sales per employee of £452k, this is more efficient (£341.9k)
£452k - River And Mercantile Group Limited
£341.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - River And Mercantile Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (84 days)
142 days - River And Mercantile Group Limited
84 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - River And Mercantile Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (36 weeks)
6 weeks - River And Mercantile Group Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (71.9%)
20.2% - River And Mercantile Group Limited
71.9% - Industry AVG
RIVER AND MERCANTILE GROUP LIMITED financials
River And Mercantile Group Limited's latest turnover from September 2023 is £452 thousand and the company has net assets of £29.5 million. According to their latest financial statements, River And Mercantile Group Limited has 1 employee and maintains cash reserves of £873 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Mar 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 452,000 | 5,415,000 | 2,916,000 | 5,641,000 | 70,542,000 | 78,103,000 | 74,773,000 | 68,442,000 | 47,197,000 | 52,589,000 | 20,162,000 | 30,610,000 | ||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | -3,158 | -33,574 | -251,149 | |||||||||||||
| Interest Payable | 76,000 | 34,000 | 20,000 | 45,000 | 178,000 | 1,000 | 40,000 | 3,000 | 2,000 | 6,000 | 12,000 | 115,000 | 17,147 | |||
| Interest Receivable | 149,000 | 77,000 | 59,000 | 54,000 | 339,000 | 50,000 | 46,000 | 81,000 | 71,000 | 2,000 | 40,000 | 17,147 | ||||
| Pre-Tax Profit | -27,746,000 | 174,855,000 | 183,591,000 | 932,000 | 8,299,000 | 16,788,000 | 18,452,000 | 16,389,000 | 7,236,000 | 10,525,000 | -73,000 | 7,803,000 | 5,296,842 | -33,574 | -251,149 | |
| Tax | 14,000 | -278,000 | -141,000 | -89,000 | -2,956,000 | -3,793,000 | -3,310,000 | -3,033,000 | -1,371,000 | -2,193,000 | -1,161,000 | -1,781,000 | ||||
| Profit After Tax | -27,732,000 | 174,577,000 | 183,450,000 | 843,000 | 5,343,000 | 12,995,000 | 15,142,000 | 13,356,000 | 5,865,000 | 8,332,000 | -1,234,000 | 6,022,000 | 5,296,842 | -33,574 | -251,149 | |
| Dividends Paid | 5,000,000 | 197,512,000 | 6,564,000 | 7,582,000 | 13,869,000 | 5,664,000 | 20,414,000 | 5,000,000 | ||||||||
| Retained Profit | -32,732,000 | -22,935,000 | 176,886,000 | -6,739,000 | 5,343,000 | -874,000 | 15,142,000 | 13,356,000 | 5,865,000 | 2,668,000 | -1,234,000 | -13,231,000 | 296,842 | -33,574 | -251,149 | |
| Employee Costs | 332,000 | 4,185,000 | 4,008,000 | 4,270,000 | 41,158,000 | 41,664,000 | 39,150,000 | 35,315,000 | 25,534,000 | 26,916,000 | 10,839,000 | 17,267,000 | ||||
| Number Of Employees | 1 | 8 | 10 | 50 | 268 | 255 | 217 | 208 | 194 | 184 | 161 | 139 | 6 | 6 | ||
| EBITDA* | -3,158 | -33,574 | -251,149 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Mar 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,283,000 | 62,369,000 | 965,000 | 1,254,000 | 5,486,000 | 7,027,000 | 18,882,000 | 86,351,000 | 377,000 | 15,125,000 | 9,288,000 | 49,000 | ||||
| Intangible Assets | 1,367,000 | 503,000 | 338,000 | 600,000 | 26,560,000 | 30,753,000 | 35,025,000 | 37,353,000 | 41,552,000 | 45,853,000 | 50,087,000 | 1,836,000 | ||||
| Investments & Other | 34,270,000 | 62,362,000 | 290,000 | 5,387,000 | 18,281,000 | 62,150,000 | 14,389,000 | 8,963,000 | 14,900,424 | 13,373,934 | 10,707,642 | 5,645,008 | ||||
| Debtors (Due After 1 year) | 201,000 | 302,000 | 1,086,000 | 1,034,000 | ||||||||||||
| Total Fixed Assets | 35,650,000 | 62,872,000 | 1,102,000 | 1,552,000 | 30,960,000 | 37,780,000 | 53,907,000 | 123,704,000 | 41,929,000 | 60,978,000 | 59,375,000 | 1,885,000 | 14,900,424 | 13,373,934 | 10,707,642 | 5,645,008 |
| Stock & work in progress | 5,350,000 | |||||||||||||||
| Trade Debtors | 4,412,000 | 7,856,000 | 15,727,000 | 3,126,000 | 2,664,000 | 4,483,000 | ||||||||||
| Group Debtors | 74,000 | 2,874,000 | 4,523,000 | 470,337 | 423,490 | |||||||||||
| Misc Debtors | 477,000 | 1,658,000 | 3,282,000 | 1,227,000 | 15,458,000 | 25,505,000 | 22,139,000 | 1,527,000 | 10,744,000 | 10,022,000 | 3 | 3 | 1 | 10 | ||
| Cash | 873,000 | 6,032,000 | 191,785,000 | 12,175,000 | 24,251,000 | 24,046,000 | 24,029,000 | 30,759,000 | 14,147,000 | 20,227,000 | 19,388,000 | 5,192,000 | 368,780 | 55,180 | ||
| misc current assets | 62,135,000 | 59,586,000 | 10,233,000 | 16,057,000 | 7,884,000 | |||||||||||
| total current assets | 1,350,000 | 7,764,000 | 260,076,000 | 77,511,000 | 49,942,000 | 76,240,000 | 54,024,000 | 30,759,000 | 52,808,000 | 34,097,000 | 32,074,000 | 17,559,000 | 839,120 | 478,673 | 1 | 10 |
| total assets | 37,000,000 | 70,636,000 | 261,178,000 | 79,063,000 | 80,902,000 | 114,020,000 | 107,931,000 | 154,463,000 | 94,737,000 | 95,075,000 | 91,449,000 | 19,444,000 | 15,739,544 | 13,852,607 | 10,707,643 | 5,645,018 |
| Bank overdraft | 9 | |||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 106,000 | 765,000 | 8,000 | 357,000 | 195,000 | 771,000 | 978,000 | 1,042,000 | 450,000 | 469,000 | 7,418,000 | |||||
| Group/Directors Accounts | 1,084,054 | 1,066,906 | 736,250 | 485,103 | ||||||||||||
| other short term finances | 48,000 | 9,687,000 | ||||||||||||||
| hp & lease commitments | 1,315,000 | 287,000 | 612,000 | 506,000 | 2,691,000 | |||||||||||
| other current liabilities | 6,066,000 | 16,289,000 | 7,472,000 | 4,436,000 | 19,759,000 | 45,903,000 | 40,958,000 | 85,054,000 | 30,551,000 | 26,752,000 | 27,257,000 | 302 | 302 | 2 | ||
| total current liabilities | 7,487,000 | 17,341,000 | 8,092,000 | 5,299,000 | 22,645,000 | 46,674,000 | 41,936,000 | 86,096,000 | 31,001,000 | 27,221,000 | 27,305,000 | 17,105,000 | 1,084,356 | 1,067,208 | 736,252 | 485,112 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | 26,000 | 4,966,000 | ||||||||||||||
| total long term liabilities | 13,000 | 2,483,000 | ||||||||||||||
| total liabilities | 7,487,000 | 17,341,000 | 8,105,000 | 5,299,000 | 22,645,000 | 49,157,000 | 41,936,000 | 86,096,000 | 31,001,000 | 27,221,000 | 27,305,000 | 17,105,000 | 1,084,356 | 1,067,208 | 736,252 | 485,112 |
| net assets | 29,513,000 | 53,295,000 | 253,073,000 | 73,764,000 | 58,257,000 | 64,863,000 | 65,995,000 | 68,367,000 | 63,736,000 | 67,854,000 | 64,144,000 | 2,339,000 | 14,655,188 | 12,785,399 | 9,971,391 | 5,159,906 |
| total shareholders funds | 29,513,000 | 53,295,000 | 253,073,000 | 73,764,000 | 58,257,000 | 64,863,000 | 65,995,000 | 68,367,000 | 63,736,000 | 67,854,000 | 64,144,000 | 2,339,000 | 14,655,188 | 12,785,399 | 9,971,391 | 5,159,906 |
| Sep 2023 | Sep 2022 | Mar 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | -3,158 | -33,574 | -251,149 | |||||||||||||
| Depreciation | 74,000 | 107,000 | 107,000 | 1,433,000 | 1,495,000 | 199,000 | 156,000 | 91,000 | 25,000 | |||||||
| Amortisation | 1,209,000 | 104,000 | 3,257,000 | 3,257,000 | 4,330,000 | 1,087,000 | 281,000 | |||||||||
| Tax | 14,000 | -278,000 | -141,000 | -89,000 | -2,956,000 | -3,793,000 | -3,310,000 | -3,033,000 | -1,371,000 | -2,193,000 | -1,161,000 | -1,781,000 | ||||
| Stock | -5,350,000 | 5,350,000 | ||||||||||||||
| Debtors | -1,255,000 | -4,320,000 | 305,000 | -10,492,000 | -14,407,000 | 956,000 | 29,995,000 | -17,254,000 | 3,384,000 | 1,184,000 | 8,203,000 | 4,012,660 | 46,847 | 423,492 | -9 | 10 |
| Creditors | -659,000 | 408,000 | -349,000 | 162,000 | -576,000 | -207,000 | -64,000 | 592,000 | -19,000 | 469,000 | -7,418,000 | 7,418,000 | ||||
| Accruals and Deferred Income | -10,223,000 | 11,853,000 | 3,036,000 | -15,323,000 | -26,144,000 | 4,945,000 | -44,096,000 | 54,503,000 | 3,799,000 | -505,000 | 27,257,000 | -302 | 300 | 2 | ||
| Deferred Taxes & Provisions | 26,000 | -4,966,000 | 4,966,000 | |||||||||||||
| Cash flow from operations | -50,005 | -456,766 | -251,138 | -10 | ||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | -28,092,000 | 62,362,000 | -290,000 | -5,097,000 | -12,894,000 | -43,869,000 | 62,150,000 | -14,389,000 | 5,426,000 | 8,963,000 | -14,900,424 | 1,526,490 | 2,666,292 | 5,062,634 | 5,645,008 | |
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -1,084,054 | 17,148 | 330,656 | 251,147 | 485,103 | |||||||||||
| Other Short Term Loans | -48,000 | -9,639,000 | 9,687,000 | |||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | 1,028,000 | -219,000 | 106,000 | -2,185,000 | 2,691,000 | |||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | -76,000 | 115,000 | 57,000 | 14,000 | -124,000 | 338,000 | 10,000 | 43,000 | 79,000 | 65,000 | -10,000 | -75,000 | ||||
| cash flow from financing | 9,902,000 | 2,362,000 | 2,586,000 | 20,075,000 | -9,382,000 | 80,000 | -17,504,000 | -8,682,000 | -9,904,000 | 1,059,000 | 53,390,000 | 9,442,758 | 1,590,095 | 3,178,238 | 5,313,781 | 5,645,009 |
| cash and cash equivalents | ||||||||||||||||
| cash | -5,159,000 | -6,143,000 | 179,610,000 | -12,076,000 | 205,000 | 17,000 | -6,730,000 | 16,612,000 | -6,080,000 | 839,000 | 14,196,000 | 4,823,220 | 313,600 | 55,180 | ||
| overdraft | -9 | 9 | ||||||||||||||
| change in cash | -5,159,000 | -6,143,000 | 179,610,000 | -12,076,000 | 205,000 | 17,000 | -6,730,000 | 16,612,000 | -6,080,000 | 839,000 | 14,196,000 | 4,823,220 | 313,600 | 55,180 | 9 | -9 |
river and mercantile group limited Credit Report and Business Information
River And Mercantile Group Limited Competitor Analysis
Perform a competitor analysis for river and mercantile group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC2R area or any other competitors across 12 key performance metrics.
river and mercantile group limited Ownership
RIVER AND MERCANTILE GROUP LIMITED group structure
River And Mercantile Group Limited has no subsidiary companies.
river and mercantile group limited directors
River And Mercantile Group Limited currently has 3 directors. The longest serving directors include Mr Alexander Hoctor-Duncan (Nov 2021) and Mr Peter McKellar (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Hoctor-Duncan | 53 years | Nov 2021 | - | Director | |
| Mr Peter McKellar | United Kingdom | 59 years | Jun 2022 | - | Director |
| Mr Gary Marshall | United Kingdom | 63 years | Apr 2024 | - | Director |
P&L
September 2023turnover
452k
-92%
operating profit
-27.9m
0%
gross margin
39.8%
-19.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
29.5m
-0.45%
total assets
37m
-0.48%
cash
873k
-0.86%
net assets
Total assets minus all liabilities
river and mercantile group limited company details
company number
04035248
Type
Private limited with Share Capital
industry
66120 - Security and commodity contracts brokerage
incorporation date
July 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
river and mercantile group plc (July 2022)
river and mercantile group limited (June 2014)
See moreaccountant
-
auditor
BDO LLP
address
30 coleman street, london, EC2R 5AL
Bank
-
Legal Advisor
-
river and mercantile group limited 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 river and mercantile group limited.
river and mercantile group limited 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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river and mercantile group limited Companies House Filings - See Documents
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