exmet investment limited

5

exmet investment limited Company Information

Share EXMET INVESTMENT LIMITED
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EstablishedMicroHealthy

Company Number

06537020

Website

-

Registered Address

merlin house, princes park, princesway, gateshead, tyne and wear, NE11 0NF

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

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Directors

Stewart Grierson16 Years

John Soulsby6 Years

Shareholders

stewart alan grierson 60%

vickie grierson 25%

View All

exmet investment limited Estimated Valuation

£1.2k

Pomanda estimates the enterprise value of EXMET INVESTMENT LIMITED at £1.2k based on a Turnover of £425 and 2.89x industry multiple (adjusted for size and gross margin).

exmet investment limited Estimated Valuation

£883.3k

Pomanda estimates the enterprise value of EXMET INVESTMENT LIMITED at £883.3k based on an EBITDA of £135.1k and a 6.54x industry multiple (adjusted for size and gross margin).

exmet investment limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of EXMET INVESTMENT LIMITED at £2.1m based on Net Assets of £1.3m and 1.58x industry multiple (adjusted for liquidity).

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Exmet Investment Limited Overview

Exmet Investment Limited is a live company located in gateshead, NE11 0NF with a Companies House number of 06537020. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2008, it's largest shareholder is stewart alan grierson with a 60% stake. Exmet Investment Limited is a established, micro sized company, Pomanda has estimated its turnover at £425.1 with healthy growth in recent years.

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Exmet Investment Limited Health Check

Pomanda's financial health check has awarded Exmet Investment Limited a 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 Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £425.1, make it smaller than the average company (£802.9k)

£425.1 - Exmet Investment Limited

£802.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (1.9%)

10% - Exmet Investment Limited

1.9% - Industry AVG

production

Production

with a gross margin of 74.2%, this company has a comparable cost of product (74.2%)

74.2% - Exmet Investment Limited

74.2% - Industry AVG

profitability

Profitability

an operating margin of 31793.3% make it more profitable than the average company (36.9%)

31793.3% - Exmet Investment Limited

36.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Exmet Investment Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)

£30.5k - Exmet Investment Limited

£30.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £425.1, this is less efficient (£174.2k)

£425.1 - Exmet Investment Limited

£174.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Exmet Investment Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 562 days, this is slower than average (37 days)

562 days - Exmet Investment Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Exmet Investment Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 141 weeks, this is more cash available to meet short term requirements (15 weeks)

141 weeks - Exmet Investment Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.9%, this is a lower level of debt than the average (62.6%)

41.9% - Exmet Investment Limited

62.6% - Industry AVG

EXMET INVESTMENT LIMITED financials

EXPORTms excel logo

Exmet Investment Limited's latest turnover from March 2023 is estimated at £425 and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that Exmet Investment Limited has 1 employee and maintains cash reserves of £296.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover42511,5821,7863161,328000000000
Other Income Or Grants00000000000000
Cost Of Sales1102,93944281346000000000
Gross Profit3158,6431,345235982000000000
Admin Expenses-134,825-1,040,041-206,416-209,995-169,189-132,06400000000
Operating Profit135,1401,048,684207,761210,230170,171132,06400000000
Interest Payable69,84649,40447,78250,79259,40929,36300000000
Interest Receivable12,6971,85416897190000000000
Pre-Tax Profit77,9911,001,133160,147159,535110,952102,70100000000
Tax-14,818-190,215-30,428-30,312-21,081-19,51300000000
Profit After Tax63,173810,918129,719129,22389,87183,18800000000
Dividends Paid00000000000000
Retained Profit63,173810,918129,719129,22389,87183,18800000000
Employee Costs30,50828,97626,88527,42627,263000000000
Number Of Employees11111000000000
EBITDA*135,1401,048,684207,761210,230170,171132,06400000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other1,912,0001,912,0001,004,5641,004,5641,004,5641,003,90100000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,912,0001,912,0001,004,5641,004,5641,004,5641,003,90100000000
Stock & work in progress00000000000000
Trade Debtors01,584000000000000
Group Debtors00000000000000
Misc Debtors38,1856,1135,9705,7258,521104,037500000000
Cash296,198301,326193,103142,82850,598000000000
misc current assets00000000000000
total current assets334,383309,023199,073148,55359,119104,037500000000
total assets2,246,3832,221,0231,203,6371,153,1171,063,6831,107,938500000000
Bank overdraft00000000000000
Bank loan52,319705,73752,36150,43948,241903,47900000000
Trade Creditors 16914858114540000000000
Group/Directors Accounts00000118,00300000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities56,05945,39412,58042,08433,2063,16800000000
total current liabilities108,547751,14565,79992,63781,9871,024,65000000000
loans604,7850705,737758,098808,537000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions226,859226,859000000000000
total long term liabilities831,644226,859705,737758,098808,537000000000
total liabilities940,191978,004771,536850,735890,5241,024,65000000000
net assets1,306,1921,243,019432,101302,382173,15983,288500000000
total shareholders funds1,306,1921,243,019432,101302,382173,15983,288500000000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit135,1401,048,684207,761210,230170,171132,06400000000
Depreciation00000000000000
Amortisation00000000000000
Tax-14,818-190,215-30,428-30,312-21,081-19,51300000000
Stock00000000000000
Debtors30,4881,727245-2,796-95,516103,987500000000
Creditors155-844744-426540000000000
Accruals and Deferred Income10,66532,814-29,5048,87830,0383,16800000000
Deferred Taxes & Provisions0226,859000000000000
Cash flow from operations100,6541,115,571148,328191,166275,18411,732-500000000
Investing Activities
capital expenditure00000000000000
Change in Investments0907,436006631,003,90100000000
cash flow from investments0-907,43600-663-1,003,90100000000
Financing Activities
Bank loans-653,418653,3761,9222,198-855,238903,47900000000
Group/Directors Accounts0000-118,003118,00300000000
Other Short Term Loans 00000000000000
Long term loans604,785-705,737-52,361-50,439808,537000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0000050500000000
interest-57,149-47,550-47,614-50,695-59,219-29,36300000000
cash flow from financing-105,782-99,911-98,053-98,936-223,923992,169500000000
cash and cash equivalents
cash-5,128108,22350,27592,23050,598000000000
overdraft00000000000000
change in cash-5,128108,22350,27592,23050,598000000000

exmet investment limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Exmet Investment Limited Competitor Analysis

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exmet investment limited Ownership

EXMET INVESTMENT LIMITED group structure

Exmet Investment Limited has no subsidiary companies.

Ultimate parent company

EXMET INVESTMENT LIMITED

06537020

EXMET INVESTMENT LIMITED Shareholders

stewart alan grierson 60%
vickie grierson 25%
john soulsby 15%

exmet investment limited directors

Exmet Investment Limited currently has 2 directors. The longest serving directors include Mr Stewart Grierson (Apr 2008) and Mr John Soulsby (Sep 2017).

officercountryagestartendrole
Mr Stewart GriersonUnited Kingdom46 years Apr 2008- Director
Mr John SoulsbyUnited Kingdom41 years Sep 2017- Director

P&L

March 2023

turnover

425.1

-96%

operating profit

135.1k

0%

gross margin

74.3%

-0.55%

turnover

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

Balance Sheet

March 2023

net assets

1.3m

+0.05%

total assets

2.2m

+0.01%

cash

296.2k

-0.02%

net assets

Total assets minus all liabilities

exmet investment limited company details

company number

06537020

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

March 2008

age

16

accounts

Total Exemption Full

ultimate parent company

None

previous names

metropolis land & property developers limited (August 2018)

sandco 1071 limited (April 2008)

incorporated

UK

address

merlin house, princes park, princesway, gateshead, tyne and wear, NE11 0NF

last accounts submitted

March 2023

exmet investment 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 exmet investment limited.

charges

exmet investment limited Companies House Filings - See Documents

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