meteor asset management limited

Live EstablishedMidRapid

meteor asset management limited Company Information

Share METEOR ASSET MANAGEMENT LIMITED

Company Number

05712610

Shareholders

meteor capital group ltd

Group Structure

View All

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

24/25 the shard, 32 london bridge street, london, SE1 9SG

meteor asset management limited Estimated Valuation

£7.3m

Pomanda estimates the enterprise value of METEOR ASSET MANAGEMENT LIMITED at £7.3m based on a Turnover of £10.2m and 0.72x industry multiple (adjusted for size and gross margin).

meteor asset management limited Estimated Valuation

£38.6k

Pomanda estimates the enterprise value of METEOR ASSET MANAGEMENT LIMITED at £38.6k based on an EBITDA of £14.8k and a 2.61x industry multiple (adjusted for size and gross margin).

meteor asset management limited Estimated Valuation

£521.4k

Pomanda estimates the enterprise value of METEOR ASSET MANAGEMENT LIMITED at £521.4k based on Net Assets of £422.9k and 1.23x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Meteor Asset Management Limited Overview

Meteor Asset Management Limited is a live company located in london, SE1 9SG with a Companies House number of 05712610. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2006, it's largest shareholder is meteor capital group ltd with a 100% stake. Meteor Asset Management Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.2m with rapid growth in recent years.

View Sample
View Sample
View Sample

Meteor Asset Management Limited Health Check

Pomanda's financial health check has awarded Meteor Asset Management Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £10.2m, make it larger than the average company (£5.6m)

£10.2m - Meteor Asset Management Limited

£5.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (7.7%)

36% - Meteor Asset Management Limited

7.7% - Industry AVG

production

Production

with a gross margin of 0.2%, this company has a higher cost of product (54.4%)

0.2% - Meteor Asset Management Limited

54.4% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (9.2%)

0.2% - Meteor Asset Management Limited

9.2% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (12)

6 - Meteor Asset Management Limited

12 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Meteor Asset Management Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.7m, this is more efficient (£222.9k)

£1.7m - Meteor Asset Management Limited

£222.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Meteor Asset Management Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Meteor Asset Management Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Meteor Asset Management Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 351 weeks, this is more cash available to meet short term requirements (28 weeks)

351 weeks - Meteor Asset Management Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (70.4%)

0.9% - Meteor Asset Management Limited

70.4% - Industry AVG

METEOR ASSET MANAGEMENT LIMITED financials

EXPORTms excel logo

Meteor Asset Management Limited's latest turnover from July 2024 is £10.2 million and the company has net assets of £422.9 thousand. According to their latest financial statements, Meteor Asset Management Limited has 6 employees and maintains cash reserves of £25 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Apr 2012Apr 2011Apr 2010
Turnover10,195,82010,954,7808,220,5074,016,3364,419,1102,950,5533,607,5203,975,2313,821,8623,992,7684,465,7275,368,7006,763,7567,309,81910,101,011
Other Income Or Grants
Cost Of Sales10,181,03610,938,8968,208,5874,010,5124,412,7022,946,2753,602,2893,969,4673,816,3203,986,9784,459,2525,360,9166,753,9507,298,94910,071,011
Gross Profit14,78415,88411,9205,8246,4084,2785,2315,7645,5425,7906,4757,7849,80610,87030,000
Admin Expenses3132626188829-1,512120504,2224,845189,525
Operating Profit14,78415,88411,6075,7986,3824,0905,2315,6825,5337,3026,3557,7345,5846,025-159,525
Interest Payable
Interest Receivable650575997
Pre-Tax Profit14,78415,88411,9205,8246,4084,2785,2315,7645,5425,7906,4757,7346,2346,600-158,530
Tax-3,696-3,336-2,265-1,107-1,218-813-994-1,134-1,10859-1,447-1,547-1,078-1,550-3,935
Profit After Tax11,08812,5489,6554,7175,1903,4654,2374,6304,4345,8495,0286,1875,1565,050-162,465
Dividends Paid
Retained Profit11,08812,5489,6554,7175,1903,4654,2374,6304,4345,8495,0286,1875,1565,050-162,465
Employee Costs
Number Of Employees65452155555555555
EBITDA*14,78415,88411,6075,7986,3824,0905,2315,6825,5337,3026,3557,7345,5846,025-159,525

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Apr 2012Apr 2011Apr 2010
Tangible Assets
Intangible Assets
Investments & Other2222
Debtors (Due After 1 year)
Total Fixed Assets2222
Stock & work in progress
Trade Debtors
Group Debtors401,599390,151376,532366,937361,113355,518352,234348,137366,603361,061355,671350,184110,67650,87030,000
Misc Debtors125300
Cash25,00025,00025,00025,00025,00025,00025,00025,0001,8781,8781,8781,878251,928302,556315,941
misc current assets
total current assets426,599415,151401,532391,937386,113380,518377,234373,137368,481362,939357,549352,062362,604353,551346,241
total assets426,601415,153401,534391,939386,113380,518377,234373,137368,481362,939357,549352,062362,604353,551346,241
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities3,6983,3382,2672,3271,2188139941,1341,10845916,72912,83210,572
total current liabilities3,6983,3382,2672,3271,2188139941,1341,10845916,72912,83210,572
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities3,6983,3382,2672,3271,2188139941,1341,10845916,72912,83210,572
net assets422,903411,815399,267389,612384,895379,705376,240372,003367,373362,939357,090352,062345,875340,719335,669
total shareholders funds422,903411,815399,267389,612384,895379,705376,240372,003367,373362,939357,090352,062345,875340,719335,669
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit14,78415,88411,6075,7986,3824,0905,2315,6825,5337,3026,3557,7345,5846,025-159,525
Depreciation
Amortisation
Tax-3,696-3,336-2,265-1,107-1,218-813-994-1,134-1,10859-1,447-1,547-1,078-1,550-3,935
Stock
Debtors11,44813,6199,5955,8245,5953,2844,097-18,4665,5425,3905,487239,50859,68120,69530,300
Creditors
Accruals and Deferred Income3601,071-601,109405-181-140261,108-459459-16,7293,8972,26010,572
Deferred Taxes & Provisions
Cash flow from operations-313-24-26-18823,040-91,512-120-250,050-51,278-13,960-183,188
Investing Activities
capital expenditure
Change in Investments2
cash flow from investments-2
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue498,134
interest650575997
cash flow from financing650575499,131
cash and cash equivalents
cash23,122-250,050-50,628-13,385315,941
overdraft
change in cash23,122-250,050-50,628-13,385315,941

meteor asset management limited 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 meteor asset management limited. Get real-time insights into meteor asset management limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Meteor Asset Management Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for meteor asset management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.

meteor asset management limited Ownership

METEOR ASSET MANAGEMENT LIMITED group structure

Meteor Asset Management Limited has 1 subsidiary company.

Ultimate parent company

1 parent

METEOR ASSET MANAGEMENT LIMITED

05712610

1 subsidiary

METEOR ASSET MANAGEMENT LIMITED Shareholders

meteor capital group ltd 100%

meteor asset management limited directors

Meteor Asset Management Limited currently has 6 directors. The longest serving directors include Mrs Graham Devile (Feb 2007) and Mr Simon Bottomley (Apr 2007).

officercountryagestartendrole
Mrs Graham Devile59 years Feb 2007- Director
Mr Simon Bottomley62 years Apr 2007- Director
Ms Susan VallerUnited Kingdom72 years Apr 2007- Director
Earl Of Asquith72 years Nov 2009- Director
Mr Matthew WhiteUnited Kingdom54 years May 2012- Director
Mr Geoffrey YuUnited Kingdom37 years Apr 2018- Director

P&L

July 2024

turnover

10.2m

-7%

operating profit

14.8k

-7%

gross margin

0.2%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

422.9k

+0.03%

total assets

426.6k

+0.03%

cash

25k

0%

net assets

Total assets minus all liabilities

meteor asset management limited company details

company number

05712610

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

February 2006

age

19

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

July 2024

previous names

meteor capital holdings limited (September 2009)

wb newco 2 limited (November 2006)

accountant

-

auditor

GRANT THORNTON UK LLP

address

24/25 the shard, 32 london bridge street, london, SE1 9SG

Bank

HSBC BANK PLC

Legal Advisor

-

meteor asset management 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 meteor asset management limited.

meteor asset management 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.

Click to start generating capital raising & share issue transactions for METEOR ASSET MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.

meteor asset management limited Companies House Filings - See Documents

datedescriptionview/download