mgm asset management limited

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mgm asset management limited Company Information

Share MGM ASSET MANAGEMENT LIMITED

Company Number

09462301

Shareholders

monica marcou

miranda marcou

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Group Structure

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Industry

Management consultancy activities (other than financial management)

 +1

Registered Address

21 aylmer parade aylmer road, london, N2 0AT

Website

-

mgm asset management limited Estimated Valuation

£681.2k

Pomanda estimates the enterprise value of MGM ASSET MANAGEMENT LIMITED at £681.2k based on a Turnover of £479.8k and 1.42x industry multiple (adjusted for size and gross margin).

mgm asset management limited Estimated Valuation

£400

Pomanda estimates the enterprise value of MGM ASSET MANAGEMENT LIMITED at £400 based on an EBITDA of £101 and a 3.95x industry multiple (adjusted for size and gross margin).

mgm asset management limited Estimated Valuation

£87

Pomanda estimates the enterprise value of MGM ASSET MANAGEMENT LIMITED at £87 based on Net Assets of £40 and 2.18x industry multiple (adjusted for liquidity).

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Mgm Asset Management Limited Overview

Mgm Asset Management Limited is a live company located in london, N2 0AT with a Companies House number of 09462301. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2015, it's largest shareholder is monica marcou with a 33% stake. Mgm Asset Management Limited is a established, micro sized company, Pomanda has estimated its turnover at £479.8k with rapid growth in recent years.

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Mgm Asset Management Limited Health Check

Pomanda's financial health check has awarded Mgm Asset Management Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £479.8k, make it smaller than the average company (£675.3k)

£479.8k - Mgm Asset Management Limited

£675.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 123%, show it is growing at a faster rate (7.7%)

123% - Mgm Asset Management Limited

7.7% - Industry AVG

production

Production

with a gross margin of 30%, this company has a higher cost of product (66.8%)

30% - Mgm Asset Management Limited

66.8% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (18.8%)

0% - Mgm Asset Management Limited

18.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Mgm Asset Management Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - Mgm Asset Management Limited

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £239.9k, this is more efficient (£147.2k)

£239.9k - Mgm Asset Management Limited

£147.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 121 days, this is later than average (47 days)

121 days - Mgm Asset Management Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 173 days, this is slower than average (32 days)

173 days - Mgm Asset Management Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mgm Asset Management Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mgm Asset Management Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (58.5%)

100% - Mgm Asset Management Limited

58.5% - Industry AVG

MGM ASSET MANAGEMENT LIMITED financials

EXPORTms excel logo

Mgm Asset Management Limited's latest turnover from March 2024 is estimated at £479.8 thousand and the company has net assets of £40. According to their latest financial statements, we estimate that Mgm Asset Management Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Turnover479,808162,18460043,488108,949149,21911,45615,751
Other Income Or Grants
Cost Of Sales335,894118,20244031,57079,546105,5938,04111,123
Gross Profit143,91443,98316011,91829,40443,6273,4154,628
Admin Expenses143,81344,02219,05012,82850,00725,251-3,220-16,619-3,325
Operating Profit101-39-18,890-910-20,60318,3766,63516,6197,953
Interest Payable
Interest Receivable2302267476
Pre-Tax Profit101-39-18,890-910-20,60318,6066,86016,6948,029
Tax-25-3,535-1,303-3,339-1,606
Profit After Tax76-39-18,890-910-20,60315,0715,55713,3556,423
Dividends Paid
Retained Profit76-39-18,890-910-20,60315,0715,55713,3556,423
Employee Costs81,39439,22538,51534,89036,96639,89237,20138,934
Number Of Employees21111111
EBITDA*101-39-18,890-910-20,60318,3766,83616,6197,953

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Tangible Assets8209651,1361,337
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8209651,1361,337
Stock & work in progress
Trade Debtors160,14260,20424318,93339,62357,2013,2651,975
Group Debtors
Misc Debtors17,686
Cash61,30529,08830,378
misc current assets
total current assets160,14260,20424318,93339,62357,20182,25629,08832,353
total assets160,14260,20424318,93340,44358,16683,39230,42532,353
Bank overdraft
Bank loan
Trade Creditors 160,10260,2402404020,00017,16025,928
Group/Directors Accounts5,8523,722
other short term finances
hp & lease commitments
other current liabilities52,2036,923
total current liabilities160,10260,2402404020,00017,16058,05510,64525,928
loans
hp & lease commitments
Accruals and Deferred Income640600
other liabilities
provisions
total long term liabilities640600
total liabilities160,10260,2402404020,64017,76058,05510,64525,928
net assets40-36318,89319,80340,40625,33719,7806,425
total shareholders funds40-36318,89319,80340,40625,33719,7806,425
Mar 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Operating Activities
Operating Profit101-39-18,890-910-20,60318,3766,63516,6197,953
Depreciation201
Amortisation
Tax-25-3,535-1,303-3,339-1,606
Stock
Debtors99,93859,961-18,690-20,690-17,57836,25020,951-1,9751,975
Creditors99,86260,000200-19,9602,84017,160-25,92825,928
Accruals and Deferred Income-64040-51,60345,2806,923
Deferred Taxes & Provisions
Cash flow from operations-820-145-55,85229,862-3,75030,300
Investing Activities
capital expenditure820145171-1,337
Change in Investments
cash flow from investments820145171-1,337
Financing Activities
Bank loans
Group/Directors Accounts-5,8522,1303,722
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-22
interest2302267476
cash flow from financing-5,6242,3563,79678
cash and cash equivalents
cash-61,30532,217-1,29030,378
overdraft
change in cash-61,30532,217-1,29030,378

mgm asset management 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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Mgm Asset Management Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mgm asset management limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 2 area or any other competitors across 12 key performance metrics.

mgm asset management limited Ownership

MGM ASSET MANAGEMENT LIMITED group structure

Mgm Asset Management Limited has no subsidiary companies.

Ultimate parent company

MGM ASSET MANAGEMENT LIMITED

09462301

MGM ASSET MANAGEMENT LIMITED Shareholders

monica marcou 33%
miranda marcou 33%
george marcou 33%
aristides marcou 1%

mgm asset management limited directors

Mgm Asset Management Limited currently has 2 directors. The longest serving directors include Mr Jignesh Doshi (Feb 2015) and Mr Aristides Marcou (Feb 2015).

officercountryagestartendrole
Mr Jignesh DoshiEngland47 years Feb 2015- Director
Mr Aristides MarcouUnited Kingdom68 years Feb 2015- Director

P&L

March 2024

turnover

479.8k

+196%

operating profit

101.3

0%

gross margin

30%

+10.6%

turnover

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

Balance Sheet

March 2024

net assets

40

-2.11%

total assets

160.1k

+1.66%

cash

0

0%

net assets

Total assets minus all liabilities

mgm asset management limited company details

company number

09462301

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

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

February 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

miramoni consultants limited (February 2024)

accountant

-

auditor

-

address

21 aylmer parade aylmer road, london, N2 0AT

Bank

-

Legal Advisor

-

mgm asset 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 mgm asset management limited.

mgm asset management 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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mgm asset management limited Companies House Filings - See Documents

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