miller wealth management limited
miller wealth management limited Company Information
Company Number
09071069
Website
https://www.millerwmg.netRegistered Address
oakwood methley lane, methley, leeds, LS26 9HE
Industry
Activities of insurance agents and brokers
Telephone
01132444054
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
nicola miller 49%
gavin james miller 49%
View Allmiller wealth management limited Estimated Valuation
Pomanda estimates the enterprise value of MILLER WEALTH MANAGEMENT LIMITED at £326.3k based on a Turnover of £280.9k and 1.16x industry multiple (adjusted for size and gross margin).
miller wealth management limited Estimated Valuation
Pomanda estimates the enterprise value of MILLER WEALTH MANAGEMENT LIMITED at £0 based on an EBITDA of £-88.9k and a 4.38x industry multiple (adjusted for size and gross margin).
miller wealth management limited Estimated Valuation
Pomanda estimates the enterprise value of MILLER WEALTH MANAGEMENT LIMITED at £752.6k based on Net Assets of £268k and 2.81x industry multiple (adjusted for liquidity).
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Miller Wealth Management Limited Overview
Miller Wealth Management Limited is a live company located in leeds, LS26 9HE with a Companies House number of 09071069. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in June 2014, it's largest shareholder is nicola miller with a 49% stake. Miller Wealth Management Limited is a established, micro sized company, Pomanda has estimated its turnover at £280.9k with low growth in recent years.
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Miller Wealth Management Limited Health Check
Pomanda's financial health check has awarded Miller Wealth Management Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £280.9k, make it smaller than the average company (£2.8m)
- Miller Wealth Management Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.7%)
- Miller Wealth Management Limited
5.7% - Industry AVG
Production
with a gross margin of 58.7%, this company has a higher cost of product (96.2%)
- Miller Wealth Management Limited
96.2% - Industry AVG
Profitability
an operating margin of -31.6% make it less profitable than the average company (19%)
- Miller Wealth Management Limited
19% - Industry AVG
Employees
with 5 employees, this is below the industry average (18)
5 - Miller Wealth Management Limited
18 - Industry AVG
Pay Structure
on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)
- Miller Wealth Management Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £56.2k, this is less efficient (£112.6k)
- Miller Wealth Management Limited
£112.6k - Industry AVG
Debtor Days
it gets paid by customers after 139 days, this is later than average (73 days)
- Miller Wealth Management Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 258 days, this is slower than average (95 days)
- Miller Wealth Management Limited
95 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Miller Wealth Management Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Miller Wealth Management Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24%, this is a lower level of debt than the average (61%)
24% - Miller Wealth Management Limited
61% - Industry AVG
MILLER WEALTH MANAGEMENT LIMITED financials
Miller Wealth Management Limited's latest turnover from June 2023 is estimated at £280.9 thousand and the company has net assets of £268 thousand. According to their latest financial statements, Miller Wealth Management Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 5 | 5 | 4 | 4 | 4 | 4 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 235,337 | 283,739 | 342,707 | 268,355 | 326,718 | 386,436 | 2,272 | 1,555 | 574 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 445,000 | 505,000 | 565,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 235,337 | 283,739 | 342,707 | 268,355 | 326,718 | 386,436 | 447,272 | 506,555 | 565,574 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 107,633 | 136,907 | 513,174 | 114,048 | 145,007 | 92,916 | 60,000 | 94,197 | 45,859 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,590 | 64 | 64 | 64 | 0 | 0 | 59 | 58 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 15,477 | 3,442 | 52,582 |
| misc current assets | 0 | 0 | 0 | 0 | 62 | 60 | 0 | 0 | 0 |
| total current assets | 117,223 | 136,971 | 513,238 | 114,112 | 145,069 | 92,976 | 75,536 | 97,697 | 98,441 |
| total assets | 352,560 | 420,710 | 855,945 | 382,467 | 471,787 | 479,412 | 522,808 | 604,252 | 664,015 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 24,357 | 25,647 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 82,280 | 61,710 | 133,658 | 87,121 | 106,519 | 95,426 | 0 | 0 | 465,131 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 81,984 | 244,119 | 0 |
| total current liabilities | 82,280 | 61,710 | 133,658 | 87,121 | 106,519 | 95,426 | 106,341 | 269,766 | 465,131 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 84,555 | 109,461 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,244 | 2,040 | 2,040 | 2,040 | 1,980 | 4,531 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 16,068 | 39,397 | 64,086 | 0 | 0 | 135,550 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 432 | 311 | 115 |
| total long term liabilities | 2,244 | 2,040 | 2,040 | 18,108 | 41,377 | 68,617 | 84,987 | 109,772 | 135,665 |
| total liabilities | 84,524 | 63,750 | 135,698 | 105,229 | 147,896 | 164,043 | 191,328 | 379,538 | 600,796 |
| net assets | 268,036 | 356,960 | 720,247 | 277,238 | 323,891 | 315,369 | 331,480 | 224,714 | 63,219 |
| total shareholders funds | 268,036 | 356,960 | 720,247 | 277,238 | 323,891 | 315,369 | 331,480 | 224,714 | 63,219 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,629 | 847 | 138 | ||||||
| Amortisation | 60,000 | 60,000 | 35,000 | ||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -19,748 | -376,267 | 399,126 | -30,895 | 52,091 | 32,857 | -34,196 | 48,396 | 45,859 |
| Creditors | 20,570 | -71,948 | 46,537 | -19,398 | 11,093 | 95,426 | 0 | -465,131 | 465,131 |
| Accruals and Deferred Income | 204 | 0 | 0 | 60 | -2,551 | -77,453 | -162,135 | 244,119 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -432 | 121 | 196 | 115 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -84,555 | -24,906 | 109,461 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -16,068 | -23,329 | -24,689 | 64,086 | 0 | -135,550 | 135,550 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -15,477 | 12,035 | -49,140 | 52,582 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -24,357 | -1,290 | 25,647 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 8,880 | 13,325 | -74,787 | 52,582 |
miller wealth management limited Credit Report and Business Information
Miller Wealth Management Limited Competitor Analysis
Perform a competitor analysis for miller wealth management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LS26 area or any other competitors across 12 key performance metrics.
miller wealth management limited Ownership
MILLER WEALTH MANAGEMENT LIMITED group structure
Miller Wealth Management Limited has no subsidiary companies.
Ultimate parent company
MILLER WEALTH MANAGEMENT LIMITED
09071069
miller wealth management limited directors
Miller Wealth Management Limited currently has 2 directors. The longest serving directors include Mr Gavin Miller (Jun 2014) and Ms Nicola Miller (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gavin Miller | United Kingdom | 57 years | Jun 2014 | - | Director |
| Ms Nicola Miller | United Kingdom | 51 years | Jun 2014 | - | Director |
P&L
June 2023turnover
280.9k
-8%
operating profit
-88.9k
0%
gross margin
58.8%
-2.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
268k
-0.25%
total assets
352.6k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
miller wealth management limited company details
company number
09071069
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
June 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
oakwood methley lane, methley, leeds, LS26 9HE
accountant
HOWARD MATTHEWS PARTNERSHIP
auditor
-
miller wealth 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 miller wealth management limited.
miller wealth management limited Companies House Filings - See Documents
| date | description | view/download |
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