mm wealth (group) ltd
mm wealth (group) ltd Company Information
Company Number
09054263
Next Accounts
Mar 2025
Shareholders
mm wealth group holdings ltd
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
wellbrook court girton, cambridge, CB3 0NA
Website
www.mmwealth.co.ukmm wealth (group) ltd Estimated Valuation
Pomanda estimates the enterprise value of MM WEALTH (GROUP) LTD at £14.1m based on a Turnover of £6.3m and 2.22x industry multiple (adjusted for size and gross margin).
mm wealth (group) ltd Estimated Valuation
Pomanda estimates the enterprise value of MM WEALTH (GROUP) LTD at £23.8m based on an EBITDA of £2.6m and a 9.3x industry multiple (adjusted for size and gross margin).
mm wealth (group) ltd Estimated Valuation
Pomanda estimates the enterprise value of MM WEALTH (GROUP) LTD at £7.1m based on Net Assets of £5.5m and 1.31x industry multiple (adjusted for liquidity).
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Mm Wealth (group) Ltd Overview
Mm Wealth (group) Ltd is a dissolved company that was located in cambridge, CB3 0NA with a Companies House number of 09054263. It operated in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2014, it's largest shareholder was mm wealth group holdings ltd with a 100% stake. The last turnover for Mm Wealth (group) Ltd was estimated at £6.3m.
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Mm Wealth (group) Ltd Health Check
Pomanda's financial health check has awarded Mm Wealth (Group) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
4 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£18.2m)
£6.3m - Mm Wealth (group) Ltd
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.7%)
5% - Mm Wealth (group) Ltd
6.7% - Industry AVG
Production
with a gross margin of 90.5%, this company has a lower cost of product (35.3%)
90.5% - Mm Wealth (group) Ltd
35.3% - Industry AVG
Profitability
an operating margin of 38.3% make it more profitable than the average company (5.2%)
38.3% - Mm Wealth (group) Ltd
5.2% - Industry AVG
Employees
with 26 employees, this is below the industry average (103)
26 - Mm Wealth (group) Ltd
103 - Industry AVG
Pay Structure
on an average salary of £82.6k, the company has a higher pay structure (£41.3k)
£82.6k - Mm Wealth (group) Ltd
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £243.7k, this is more efficient (£178.9k)
£243.7k - Mm Wealth (group) Ltd
£178.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
0 days - Mm Wealth (group) Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (46 days)
78 days - Mm Wealth (group) Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mm Wealth (group) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 301 weeks, this is more cash available to meet short term requirements (15 weeks)
301 weeks - Mm Wealth (group) Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.4%, this is a lower level of debt than the average (68.6%)
16.4% - Mm Wealth (group) Ltd
68.6% - Industry AVG
MM WEALTH (GROUP) LTD financials
Mm Wealth (Group) Ltd's latest turnover from January 2023 is £6.3 million and the company has net assets of £5.5 million. According to their latest financial statements, Mm Wealth (Group) Ltd has 26 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,335,345 | 6,506,468 | 5,592,174 | 5,490,977 | 5,137,405 | 4,511,180 | 2,774,415 | ||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 601,988 | 703,033 | 616,472 | 623,041 | 611,986 | 448,335 | 209,359 | ||
| Gross Profit | 5,733,357 | 5,803,435 | 4,975,702 | 4,867,936 | 4,525,419 | 4,062,845 | 2,565,056 | ||
| Admin Expenses | 3,309,918 | 2,899,723 | 2,581,654 | 2,860,638 | 2,686,898 | 1,793,911 | 1,167,003 | ||
| Operating Profit | 2,423,439 | 2,903,712 | 2,394,048 | 2,007,298 | 1,838,521 | 2,268,934 | 1,398,053 | ||
| Interest Payable | 6,007 | 2,224 | 5,714 | 25,636 | 48,335 | 32,111 | |||
| Interest Receivable | 3,244 | 180 | 2,328 | 3,109 | 2,453 | 1,313 | 4,302 | ||
| Pre-Tax Profit | 2,420,676 | 2,901,668 | 2,390,662 | 1,984,771 | 1,792,639 | 2,238,136 | 1,402,355 | ||
| Tax | -470,476 | -564,898 | -463,296 | -391,916 | -353,876 | -437,014 | -296,864 | ||
| Profit After Tax | 1,950,200 | 2,336,770 | 1,927,366 | 1,592,855 | 1,438,763 | 1,801,122 | 1,105,491 | ||
| Dividends Paid | 510,403 | 1,482,491 | 1,320,190 | 1,077,728 | 1,478,675 | 1,130,489 | 363,574 | ||
| Retained Profit | 1,439,797 | 854,279 | 607,176 | 515,127 | -39,912 | 670,633 | 741,917 | ||
| Employee Costs | 2,146,733 | 1,778,605 | 1,556,069 | 1,385,857 | 1,338,739 | 881,020 | 555,589 | ||
| Number Of Employees | 26 | 25 | 27 | 25 | 21 | 21 | 17 | ||
| EBITDA* | 2,560,153 | 3,050,784 | 2,532,691 | 2,102,300 | 1,948,858 | 2,361,285 | 1,464,266 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 190,570 | 250,666 | 199,849 | 248,968 | 284,679 | 69,017 | 85,146 | ||
| Intangible Assets | 370,710 | 425,630 | 498,078 | 570,529 | 52,589 | 84,896 | 146,051 | ||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 561,280 | 676,296 | 697,927 | 819,497 | 337,268 | 153,913 | 231,197 | ||
| Stock & work in progress | |||||||||
| Trade Debtors | 5,034 | 6,230 | 8,442 | 11,046 | 30,499 | 14,304 | 20,305 | ||
| Group Debtors | 57,886 | ||||||||
| Misc Debtors | 690,162 | 507,153 | 572,981 | 473,459 | 443,245 | 578,340 | 300,193 | ||
| Cash | 5,224,906 | 3,831,343 | 2,659,019 | 2,195,961 | 1,652,232 | 1,957,098 | 1,518,182 | ||
| misc current assets | |||||||||
| total current assets | 5,977,988 | 4,344,726 | 3,240,442 | 2,680,466 | 2,125,976 | 2,549,742 | 1,838,680 | ||
| total assets | 6,539,268 | 5,021,022 | 3,938,369 | 3,499,963 | 2,463,244 | 2,703,655 | 2,069,877 | ||
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 128,968 | 83,805 | 90,164 | 115,960 | 116,289 | 317,622 | 90,719 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 23,136 | 23,135 | 33,921 | 40,525 | |||||
| other current liabilities | 750,188 | 763,825 | 659,149 | 687,889 | 642,459 | 546,658 | 722,270 | ||
| total current liabilities | 902,292 | 870,765 | 749,313 | 803,849 | 758,748 | 898,201 | 853,514 | ||
| loans | |||||||||
| hp & lease commitments | 68,634 | 85,763 | 33,921 | ||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 114,286 | 223,129 | 326,790 | 425,514 | |||||
| provisions | 102,629 | 103,678 | 91,819 | 101,067 | 64,433 | 10,848 | 14,231 | ||
| total long term liabilities | 171,263 | 189,441 | 91,819 | 215,353 | 287,562 | 337,638 | 473,666 | ||
| total liabilities | 1,073,555 | 1,060,206 | 841,132 | 1,019,202 | 1,046,310 | 1,235,839 | 1,327,180 | ||
| net assets | 5,465,713 | 3,960,816 | 3,097,237 | 2,480,761 | 1,416,934 | 1,467,816 | 742,697 | ||
| total shareholders funds | 5,465,713 | 3,960,816 | 3,097,237 | 2,480,761 | 1,416,934 | 1,467,816 | 742,697 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,423,439 | 2,903,712 | 2,394,048 | 2,007,298 | 1,838,521 | 2,268,934 | 1,398,053 | ||
| Depreciation | 81,794 | 74,624 | 66,192 | 63,742 | 78,030 | 31,196 | 20,345 | ||
| Amortisation | 54,920 | 72,448 | 72,451 | 31,260 | 32,307 | 61,155 | 45,868 | ||
| Tax | -470,476 | -564,898 | -463,296 | -391,916 | -353,876 | -437,014 | -296,864 | ||
| Stock | |||||||||
| Debtors | 239,699 | -68,040 | 96,918 | 10,761 | -118,900 | 272,146 | 320,498 | ||
| Creditors | 45,163 | -6,359 | -25,796 | -329 | -201,333 | 226,903 | 90,719 | ||
| Accruals and Deferred Income | -13,637 | 104,676 | -28,740 | 45,430 | 95,801 | -175,612 | 722,270 | ||
| Deferred Taxes & Provisions | -1,049 | 11,859 | -9,248 | 36,634 | 53,585 | -3,383 | 14,231 | ||
| Cash flow from operations | 1,880,455 | 2,664,102 | 1,908,693 | 1,781,358 | 1,661,935 | 1,700,033 | 1,674,124 | ||
| Investing Activities | |||||||||
| capital expenditure | -304,660 | -15,067 | -249,803 | ||||||
| Change in Investments | |||||||||
| cash flow from investments | -304,660 | -15,067 | -249,803 | ||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | -17,128 | 108,898 | -33,921 | -40,525 | 74,446 | ||||
| other long term liabilities | -114,286 | -108,843 | -103,661 | -98,724 | 425,514 | ||||
| share issue | |||||||||
| interest | -2,763 | -2,044 | -3,386 | -22,527 | -45,882 | -30,798 | 4,302 | ||
| cash flow from financing | 45,209 | 116,154 | -108,372 | 417,330 | -194,434 | -115,561 | 505,042 | ||
| cash and cash equivalents | |||||||||
| cash | 1,393,563 | 1,172,324 | 463,058 | 543,729 | -304,866 | 438,916 | 1,518,182 | ||
| overdraft | |||||||||
| change in cash | 1,393,563 | 1,172,324 | 463,058 | 543,729 | -304,866 | 438,916 | 1,518,182 |
mm wealth (group) ltd Credit Report and Business Information
Mm Wealth (group) Ltd Competitor Analysis
Perform a competitor analysis for mm wealth (group) ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in CB3 area or any other competitors across 12 key performance metrics.
mm wealth (group) ltd Ownership
MM WEALTH (GROUP) LTD group structure
Mm Wealth (Group) Ltd has no subsidiary companies.
mm wealth (group) ltd directors
Mm Wealth (Group) Ltd currently has 2 directors. The longest serving directors include Mr Adrian Atkinson (May 2014) and Mr David Jones (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Atkinson | United Kingdom | 56 years | May 2014 | - | Director |
| Mr David Jones | 71 years | May 2014 | - | Director |
P&L
January 2023turnover
6.3m
-3%
operating profit
2.4m
-17%
gross margin
90.5%
+1.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
5.5m
+0.38%
total assets
6.5m
+0.3%
cash
5.2m
+0.36%
net assets
Total assets minus all liabilities
mm wealth (group) ltd company details
company number
09054263
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2023
previous names
mmwm (group) limited (October 2016)
accountant
-
auditor
PRICE BAILEY LLP
address
wellbrook court girton, cambridge, CB3 0NA
Bank
-
Legal Advisor
-
mm wealth (group) ltd 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 mm wealth (group) ltd.
mm wealth (group) ltd 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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mm wealth (group) ltd Companies House Filings - See Documents
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