eiger trading advisors limited

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eiger trading advisors limited Company Information

Share EIGER TRADING ADVISORS LIMITED

Company Number

06620583

Shareholders

mr stephen michael openshaw

mr timothy mark openshaw

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Group Structure

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Industry

Other activities auxiliary to financial services, except insurance and pension funding

 +2

Registered Address

eighth floor, 6 new street square, london, EC4A 3AQ

eiger trading advisors limited Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of EIGER TRADING ADVISORS LIMITED at £5.2m based on a Turnover of £4.5m and 1.14x industry multiple (adjusted for size and gross margin).

eiger trading advisors limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of EIGER TRADING ADVISORS LIMITED at £2m based on an EBITDA of £458.2k and a 4.45x industry multiple (adjusted for size and gross margin).

eiger trading advisors limited Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of EIGER TRADING ADVISORS LIMITED at £6.8m based on Net Assets of £3.8m and 1.79x industry multiple (adjusted for liquidity).

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Eiger Trading Advisors Limited Overview

Eiger Trading Advisors Limited is a live company located in london, EC4A 3AQ with a Companies House number of 06620583. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2008, it's largest shareholder is mr stephen michael openshaw with a 23% stake. Eiger Trading Advisors Limited is a established, small sized company, Pomanda has estimated its turnover at £4.5m with declining growth in recent years.

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Eiger Trading Advisors Limited Health Check

Pomanda's financial health check has awarded Eiger Trading Advisors Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £4.5m, make it smaller than the average company (£5.8m)

£4.5m - Eiger Trading Advisors Limited

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (5.3%)

-11% - Eiger Trading Advisors Limited

5.3% - Industry AVG

production

Production

with a gross margin of 65.3%, this company has a comparable cost of product (55.6%)

65.3% - Eiger Trading Advisors Limited

55.6% - Industry AVG

profitability

Profitability

an operating margin of 8.8% make it as profitable than the average company (8.8%)

8.8% - Eiger Trading Advisors Limited

8.8% - Industry AVG

employees

Employees

with 20 employees, this is above the industry average (12)

20 - Eiger Trading Advisors Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £75.7k, the company has an equivalent pay structure (£88.3k)

£75.7k - Eiger Trading Advisors Limited

£88.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £227k, this is equally as efficient (£238.4k)

£227k - Eiger Trading Advisors Limited

£238.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (35 days)

115 days - Eiger Trading Advisors Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 82 days, this is slower than average (56 days)

82 days - Eiger Trading Advisors Limited

56 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eiger Trading Advisors Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (34 weeks)

68 weeks - Eiger Trading Advisors Limited

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.5%, this is a lower level of debt than the average (70.4%)

16.5% - Eiger Trading Advisors Limited

70.4% - Industry AVG

EIGER TRADING ADVISORS LIMITED financials

EXPORTms excel logo

Eiger Trading Advisors Limited's latest turnover from September 2023 is £4.5 million and the company has net assets of £3.8 million. According to their latest financial statements, Eiger Trading Advisors Limited has 20 employees and maintains cash reserves of £749.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover4,539,7515,464,8326,473,1106,520,3525,815,5403,560,8083,015,2862,155,0621,659,2391,131,863776,835545,984437,66856,483
Other Income Or Grants
Cost Of Sales1,573,6022,147,1302,525,6012,536,9702,093,319983,198864,557449,373297,697138,220158,39093,32365,41825,717
Gross Profit2,966,1493,317,7023,947,5093,983,3823,722,2212,577,6102,150,7301,705,6891,361,542993,643618,445452,661372,25030,766
Admin Expenses2,566,5162,842,5712,605,0902,289,9192,162,5842,081,5981,784,7811,493,0781,217,464954,280610,991819,151439,679401,246169,416
Operating Profit399,633475,1311,342,4191,693,4631,559,637496,012365,949212,611144,07839,3637,454-366,490-67,429-370,480-169,416
Interest Payable5727034752,2022,8541,88522
Interest Receivable1211127,62516,39417560284323
Pre-Tax Profit399,755475,1421,342,4171,701,0881,576,031496,030366,509212,823143,69938,8875,253-369,343-69,315-370,501-169,416
Tax52,91720,891-254,442-304,627-277,437-97,307-68,25481,356
Profit After Tax452,671496,0341,087,9751,396,4611,298,594398,722298,255294,179143,69938,8875,253-369,343-69,315-370,501-169,416
Dividends Paid1,045,5811,133,738
Retained Profit452,671496,03442,394262,7231,298,594398,722298,255294,179143,69938,8875,253-369,343-69,315-370,501-169,416
Employee Costs1,514,4351,399,7691,448,0291,243,2291,131,9771,086,785900,785718,964554,655403,850245,535333,420151,651202,50295,339
Number Of Employees2020191814141312109910314
EBITDA*458,193522,9241,375,6251,711,2781,570,423507,492375,338224,450158,34652,46915,921-355,472-56,309-361,241-168,879

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets14,86027,95826,78630,76232,56413,21218,16715,96012,08120,71226,1965,19215,61823,45813,130
Intangible Assets1,429,0211,042,185316,676224,79970,906
Investments & Other391,825446,124452,385355,099111,72583,80568,706
Debtors (Due After 1 year)
Total Fixed Assets1,835,7071,516,267795,848610,660144,28997,01786,87315,96112,08120,71226,1965,19315,61823,45984,036
Stock & work in progress
Trade Debtors1,441,3562,182,7732,152,6762,000,7661,854,209723,970908,093399,484308,827137,50668,32147,63245,95810,800
Group Debtors
Misc Debtors521,059388,130517,385223,213177,203168,21696,450163,038125,718134,658122,612122,092279,921254,05223,575
Cash749,051183,9191,228,2161,789,0291,815,580905,413261,899256,38038,105144,01549,24776,92532,26719,031127,053
misc current assets
total current assets2,711,4672,754,8233,898,2774,013,0093,846,9931,797,6001,266,443818,902472,650416,180240,181246,649358,146283,883150,628
total assets4,547,1744,271,0904,694,1254,623,6703,991,2821,894,6171,353,316834,863484,731436,892266,377251,842373,764307,342234,665
Bank overdraft
Bank loan
Trade Creditors 353,675636,423534,281425,246470,524144,167144,307102,26964,59460,93235,03573,25529,39143,94516,639
Group/Directors Accounts
other short term finances19,982
hp & lease commitments
other current liabilities218,894319,084773,273815,757899,728320,688229,46562,90435,199164,55484,88175,55388,05829,84519,243
total current liabilities572,570955,5071,307,5541,241,0031,370,253464,855373,773165,174119,776225,487119,917148,809117,45073,79035,883
loans13,67115,93217,10873,855
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions176,3742,0961,6461,748
total long term liabilities176,3742,0961,6471,74813,67115,93217,10973,856
total liabilities748,944955,5071,309,6501,242,6501,372,001464,855373,773165,174119,776239,158135,849165,917191,30673,79035,883
net assets3,798,2303,315,5833,384,4753,381,0202,619,2811,429,762979,543669,690364,955197,734130,52885,925182,458233,552198,782
total shareholders funds3,798,2303,315,5833,384,4753,381,0202,619,2811,429,762979,543669,690364,955197,734130,52885,925182,458233,552198,782
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit399,633475,1311,342,4191,693,4631,559,637496,012365,949212,611144,07839,3637,454-366,490-67,429-370,480-169,416
Depreciation14,09320,73219,70017,81510,78611,4809,38811,83914,26713,1068,46611,01811,1219,238537
Amortisation44,46727,06113,506
Tax52,91720,891-254,442-304,627-277,437-97,307-68,25481,356
Stock
Debtors-608,488-99,158446,081192,5671,139,226-112,356442,021127,977162,38081,23221,209-156,15561,027241,27723,575
Creditors-282,748102,142109,035-45,278326,357-14042,03837,6753,66225,897-38,22043,864-14,55327,30516,639
Accruals and Deferred Income-100,190-454,189-42,484-83,971579,04091,223166,56127,705-129,35579,6739,328-12,50558,21310,60219,243
Deferred Taxes & Provisions176,374-2,096450-1021,748
Cash flow from operations913,034288,830742,1031,084,7331,060,905613,62473,661243,209-129,72876,807-34,181-167,958-73,675-564,612-156,572
Investing Activities
capital expenditure-18,097-66,200-16,048-3,171-6,245-28,999-1,807-2,691-18,092-84,573
Change in Investments-54,299-6,26197,287243,37427,92015,09968,706
cash flow from investments54,2996,261-97,287-243,374-27,920-33,196-134,906-16,048-3,171-6,245-28,999-1,807-2,691-18,092-84,573
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -19,98219,982
Long term loans-13,671-2,261-1,176-56,74773,855
Hire Purchase and Lease Commitments
other long term liabilities
share issue29,976-564,926-38,939499,015-109,07551,49711,59910,55623,52228,31939,350272,80918,221405,271368,198
interest12111-37,62516,39417560212-380-475-2,202-2,854-1,885-22
cash flow from financing30,097-564,915-38,942506,640-92,68151,51412,159-9,21429,45325,58335,972213,20890,191405,249368,198
cash and cash equivalents
cash565,132-1,044,296-560,814-26,551910,167643,5145,519218,276-105,91094,768-27,67844,65813,236-108,023127,053
overdraft
change in cash565,132-1,044,296-560,814-26,551910,167643,5145,519218,276-105,91094,768-27,67844,65813,236-108,023127,053

eiger trading advisors 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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Eiger Trading Advisors Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eiger trading advisors limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC4A area or any other competitors across 12 key performance metrics.

eiger trading advisors limited Ownership

EIGER TRADING ADVISORS LIMITED group structure

Eiger Trading Advisors Limited has no subsidiary companies.

Ultimate parent company

EIGER TRADING ADVISORS LIMITED

06620583

EIGER TRADING ADVISORS LIMITED Shareholders

mr stephen michael openshaw 23.02%
mr timothy mark openshaw 15.45%
mr christopher matthew mcguigan 11.91%
mr clive knight 4.93%
mr nicholas cederwell 4.25%
andrew edward hickey 3.66%
mr richard anthony williams 3.54%
jonathan godson 2.72%
xinmei collins 2.17%
mr david alexander lawson 2.14%

eiger trading advisors limited directors

Eiger Trading Advisors Limited currently has 5 directors. The longest serving directors include Mr Stephen Openshaw (Jul 2009) and Mr Steven Moulder (Mar 2021).

officercountryagestartendrole
Mr Stephen OpenshawEngland68 years Jul 2009- Director
Mr Steven MoulderEngland64 years Mar 2021- Director
Mr Christopher McGuiganUnited Kingdom51 years Apr 2024- Director
Ms Janet MoulsonUnited Kingdom60 years Apr 2024- Director
Mr Farahad ZamaUnited Kingdom58 years Jun 2024- Director

P&L

September 2023

turnover

4.5m

-17%

operating profit

399.6k

-16%

gross margin

65.4%

+7.62%

turnover

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

Balance Sheet

September 2023

net assets

3.8m

+0.15%

total assets

4.5m

+0.06%

cash

749.1k

+3.07%

net assets

Total assets minus all liabilities

eiger trading advisors limited company details

company number

06620583

Type

Private limited with Share Capital

industry

66120 - Security and commodity contracts brokerage

66190 - Other activities auxiliary to financial services, except insurance and pension funding

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

June 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

RAWLINSON & HUNTER LLP

address

eighth floor, 6 new street square, london, EC4A 3AQ

Bank

BARCLAYS BANK PLC, BARCLAYS BANK PLC

Legal Advisor

-

eiger trading advisors 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 found 1 charges/mortgages relating to eiger trading advisors limited. Currently there are 0 open charges and 1 have been satisfied in the past.

eiger trading advisors 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 EIGER TRADING ADVISORS LIMITED. This can take several minutes, an email will notify you when this has completed.

eiger trading advisors limited Companies House Filings - See Documents

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