etoro (uk) limited

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etoro (uk) limited Company Information

Share ETORO (UK) LIMITED

Company Number

07973792

Shareholders

etoro group limited

Group Structure

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Industry

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

 

Registered Address

24th floor one canada square, canary wharf, london, E14 5AB

etoro (uk) limited Estimated Valuation

£404.1m

Pomanda estimates the enterprise value of ETORO (UK) LIMITED at £404.1m based on a Turnover of £90.5m and 4.47x industry multiple (adjusted for size and gross margin).

etoro (uk) limited Estimated Valuation

£23.1m

Pomanda estimates the enterprise value of ETORO (UK) LIMITED at £23.1m based on an EBITDA of £1.5m and a 15.73x industry multiple (adjusted for size and gross margin).

etoro (uk) limited Estimated Valuation

£40.2m

Pomanda estimates the enterprise value of ETORO (UK) LIMITED at £40.2m based on Net Assets of £31.3m and 1.29x industry multiple (adjusted for liquidity).

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Etoro (uk) Limited Overview

Etoro (uk) Limited is a live company located in london, E14 5AB with a Companies House number of 07973792. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2012, it's largest shareholder is etoro group limited with a 100% stake. Etoro (uk) Limited is a established, large sized company, Pomanda has estimated its turnover at £90.5m with high growth in recent years.

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Etoro (uk) Limited Health Check

Pomanda's financial health check has awarded Etoro (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

annual sales of £90.5m, make it larger than the average company (£5.5m)

£90.5m - Etoro (uk) Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (4.9%)

29% - Etoro (uk) Limited

4.9% - Industry AVG

production

Production

with a gross margin of 105.2%, this company has a lower cost of product (54%)

105.2% - Etoro (uk) Limited

54% - Industry AVG

profitability

Profitability

an operating margin of 1.2% make it less profitable than the average company (9.1%)

1.2% - Etoro (uk) Limited

9.1% - Industry AVG

employees

Employees

with 60 employees, this is above the industry average (14)

60 - Etoro (uk) Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £100.1k, the company has a higher pay structure (£82.9k)

£100.1k - Etoro (uk) Limited

£82.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.5m, this is more efficient (£223.8k)

£1.5m - Etoro (uk) Limited

£223.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Etoro (uk) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Etoro (uk) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Etoro (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (29 weeks)

48 weeks - Etoro (uk) Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.4%, this is a lower level of debt than the average (70.8%)

39.4% - Etoro (uk) Limited

70.8% - Industry AVG

ETORO (UK) LIMITED financials

EXPORTms excel logo

Etoro (Uk) Limited's latest turnover from December 2023 is £90.5 million and the company has net assets of £31.3 million. According to their latest financial statements, Etoro (Uk) Limited has 60 employees and maintains cash reserves of £18.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Turnover90,472,350110,586,097263,877,30642,046,6393,811,2775,629,8532,222,5071,420,914416,419000
Other Income Or Grants7,934,2422,647,0590000000000
Cost Of Sales3,231,2381,760,79950,247,4245,096,42957,4402,417,488938,456550,877146,882000
Gross Profit95,175,355111,472,356213,629,88236,950,2103,753,8383,212,3651,284,050870,036269,537000
Admin Expenses94,088,482105,915,855208,597,66635,084,0554,150,145800,2781,203,831777,054808,846674,426200,1860
Operating Profit1,086,8735,556,5015,032,2161,866,155-396,3072,412,08780,21992,982-539,309-674,426-200,1860
Interest Payable87,61875,84148,08120,525000017,08106,2570
Interest Receivable117,30957,71091,34715,68910,93720,041000000
Pre-Tax Profit2,437,9363,364,7983,038,6351,910,888-380,9602,387,887113,84081,726-556,390-676,237-206,4440
Tax-567,324-764,996-587,242-316,75100000000
Profit After Tax1,870,6122,599,8022,451,3931,594,136-380,9602,387,887113,84081,726-556,390-676,237-206,4440
Dividends Paid000000000000
Retained Profit1,870,6122,599,8022,451,3931,594,136-380,9602,387,887113,84081,726-556,390-676,237-206,4440
Employee Costs6,006,7135,918,7305,526,0773,516,5712,469,6231,943,9881,394,166368,021630,616447,85134,8330
Number Of Employees6059472926191275330
EBITDA*1,466,1165,824,6425,150,6091,944,659-368,0972,464,827125,872133,679-535,298-673,101-199,9290

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Tangible Assets576,054892,390339,868210,649120,50338,23154,28590,20679,7733,9382,3100
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets576,054892,390339,868210,648120,50338,23154,28590,20679,7723,9382,3100
Stock & work in progress000000000000
Trade Debtors000000000000
Group Debtors20,593,6438,616,7153,138,62501,343,6344,241,26692,16231,21175,134000
Misc Debtors11,287,4668,524,65914,849,15811,721,8484,699,8293,366,27713,288125,1396,042000
Cash18,907,44914,825,15324,476,25814,926,8852,797,7231,869,8072,506,635663,982634,705782,763547,5260
misc current assets0003,213,243000009,7501,8140
total current assets50,977,56532,124,12143,513,93230,250,1398,919,3209,477,3522,612,086820,333715,882792,513549,3400
total assets51,553,61933,016,51143,853,80030,460,7879,039,8239,515,5832,666,371910,539795,654796,451551,6500
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 000000000000
Group/Directors Accounts0013,691,21322,364,91101100037,5110
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities20,285,8193,894,2691,813,8521,528,2735,140,1154,939,1881,726,859155,814149,71474,68260,3850
total current liabilities20,285,8203,894,27015,505,06623,893,1865,140,1164,939,1891,726,861155,814149,71474,68397,8970
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income0000027,50021,42100000
other liabilities9,8899,43810,1836,76911,804008,6602,14440400
provisions000000000000
total long term liabilities9,8899,43810,1836,76911,80427,50021,4218,6602,14440400
total liabilities20,295,7093,903,70815,515,24923,899,9555,151,9204,966,6891,748,282164,474151,85875,08797,8970
net assets31,257,91029,112,80328,338,5516,560,8323,887,9034,548,893918,090746,065643,796721,364453,7540
total shareholders funds31,257,90929,112,80328,338,5516,560,8323,887,9034,548,893918,089746,064643,796721,364453,7540
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Operating Activities
Operating Profit1,086,8735,556,5015,032,2161,866,155-396,3072,412,08780,21992,982-539,309-674,426-200,1860
Depreciation379,243268,142118,39278,50428,21052,74045,65340,6974,0111,3262570
Amortisation000000000000
Tax-567,324-764,996-587,242-316,75100000000
Stock000000000000
Debtors14,739,735-846,4086,265,9355,678,384-1,564,0797,502,093-50,90075,17381,177000
Creditors000000000000
Accruals and Deferred Income16,391,5502,080,417285,579-3,611,842173,4273,218,4081,592,4666,10075,03214,29760,3850
Deferred Taxes & Provisions000000000000
Cash flow from operations2,550,6077,986,472-1,416,990-7,662,3181,369,409-1,818,8581,769,23864,606-541,443-658,803-139,5440
Investing Activities
capital expenditure-62,907-820,664-247,611-168,650-110,482-36,686-9,732-51,130-79,846-2,954-2,5670
Change in Investments000000000000
cash flow from investments-62,907-820,664-247,611-168,650-110,482-36,686-9,732-51,130-79,846-2,954-2,5670
Financing Activities
Bank loans000000000000
Group/Directors Accounts0-13,691,212-8,673,69822,364,91100100-37,51137,5110
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities451-7453,414-5,03511,8040-8,6606,5161,74040400
share issue274,494-1,825,55019,326,3261,078,794-280,0301,242,91658,18520,542478,822943,847660,1980
interest29,691-18,13143,266-4,83610,93720,04100-17,0810-6,2570
cash flow from financing304,636-15,535,63810,699,30823,433,834-257,2891,262,95749,52627,058463,481906,740691,4520
cash and cash equivalents
cash4,082,296-9,651,1059,549,37312,129,162927,916-636,8281,842,65329,277-148,058235,237547,5260
overdraft000000000000
change in cash4,082,296-9,651,1059,549,37312,129,162927,916-636,8281,842,65329,277-148,058235,237547,5260

etoro (uk) 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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Etoro (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for etoro (uk) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.

etoro (uk) limited Ownership

ETORO (UK) LIMITED group structure

Etoro (Uk) Limited has no subsidiary companies.

Ultimate parent company

ETORO GROUP LTD

#0087386

1 parent

ETORO (UK) LIMITED

07973792

ETORO (UK) LIMITED Shareholders

etoro group limited 100%

etoro (uk) limited directors

Etoro (Uk) Limited currently has 9 directors. The longest serving directors include Mr Jonathan Assia (Mar 2012) and Mr Anthony Wollenberg (Mar 2012).

officercountryagestartendrole
Mr Jonathan AssiaIsrael43 years Mar 2012- Director
Mr Anthony WollenbergEngland75 years Mar 2012- Director
Mr Avi SelaCyprus51 years Mar 2012- Director
Mr Paul ChrimesUnited Kingdom68 years Feb 2014- Director
Mr Robert Brown59 years Apr 2016- Director
Lord Stanley FinkEngland67 years Mar 2021- Director
Mr Edward DrakeUnited Kingdom46 years Nov 2021- Director
Mr Dan MoczulskiEngland51 years May 2022- Director
Mr Meron ShaniUnited Kingdom50 years Aug 2023- Director

P&L

December 2023

turnover

90.5m

-18%

operating profit

1.1m

-80%

gross margin

105.2%

+4.36%

turnover

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

Balance Sheet

December 2023

net assets

31.3m

+0.07%

total assets

51.6m

+0.56%

cash

18.9m

+0.28%

net assets

Total assets minus all liabilities

etoro (uk) limited company details

company number

07973792

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

March 2012

age

13

incorporated

UK

ultimate parent company

ETORO GROUP LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

24th floor one canada square, canary wharf, london, E14 5AB

Bank

COUTTS & CO

Legal Advisor

ASHURST

etoro (uk) 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 etoro (uk) limited.

etoro (uk) 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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etoro (uk) limited Companies House Filings - See Documents

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