cmme group limited
cmme group limited Company Information
Company Number
09501915
Next Accounts
Mar 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of mortgage finance companies
Registered Address
c/o interpath ltd, 10 fleet place, london, EC4M 7RB
Website
www.cmmemortgages.comcmme group limited Estimated Valuation
Pomanda estimates the enterprise value of CMME GROUP LIMITED at £23.8m based on a Turnover of £5.6m and 4.21x industry multiple (adjusted for size and gross margin).
cmme group limited Estimated Valuation
Pomanda estimates the enterprise value of CMME GROUP LIMITED at £0 based on an EBITDA of £-240.4k and a 17.81x industry multiple (adjusted for size and gross margin).
cmme group limited Estimated Valuation
Pomanda estimates the enterprise value of CMME GROUP LIMITED at £0 based on Net Assets of £-12.3m and 3.6x industry multiple (adjusted for liquidity).
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Cmme Group Limited Overview
Cmme Group Limited is a dissolved company that was located in london, EC4M 7RB with a Companies House number of 09501915. It operated in the activities of mortgage finance companies sector, SIC Code 64922. Founded in March 2015, it's largest shareholder was undisclosed with a 100% stake. The last turnover for Cmme Group Limited was estimated at £5.6m.
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Cmme Group Limited Health Check
Pomanda's financial health check has awarded Cmme Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £5.6m, make it larger than the average company (£3.9m)
£5.6m - Cmme Group Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.4%)
-20% - Cmme Group Limited
2.4% - Industry AVG
Production
with a gross margin of 98.3%, this company has a lower cost of product (39.2%)
98.3% - Cmme Group Limited
39.2% - Industry AVG
Profitability
an operating margin of -53.9% make it less profitable than the average company (13.1%)
-53.9% - Cmme Group Limited
13.1% - Industry AVG
Employees
with 76 employees, this is above the industry average (9)
76 - Cmme Group Limited
9 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£47.2k)
£49.1k - Cmme Group Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £74.2k, this is less efficient (£202.8k)
£74.2k - Cmme Group Limited
£202.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (77 days)
1 days - Cmme Group Limited
77 days - Industry AVG
Creditor Days
its suppliers are paid after 504 days, this is slower than average (22 days)
504 days - Cmme Group Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cmme Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (8 weeks)
39 weeks - Cmme Group Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 666.9%, this is a higher level of debt than the average (96.9%)
666.9% - Cmme Group Limited
96.9% - Industry AVG
CMME GROUP LIMITED financials
Cmme Group Limited's latest turnover from February 2021 is £5.6 million and the company has net assets of -£12.3 million. According to their latest financial statements, Cmme Group Limited has 76 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|
| Turnover | 5,640,692 | 8,763,618 | 9,460,181 | 11,065,140 | 10,112,849 | 6,202,425 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 97,959 | 223,837 | 166,538 | 143,293 | 78,435 | 219,959 |
| Gross Profit | 5,542,733 | 8,539,781 | 9,293,643 | 10,921,847 | 10,034,414 | 5,982,466 |
| Admin Expenses | 8,582,376 | 11,736,974 | 15,020,838 | 14,619,320 | 12,366,190 | 6,364,865 |
| Operating Profit | -3,039,643 | -3,197,193 | -5,727,195 | -3,697,473 | -2,331,776 | -382,399 |
| Interest Payable | 1,371,526 | 1,382,850 | 1,716,739 | 1,225,811 | 1,071,016 | 559,664 |
| Interest Receivable | 5,677 | 4,648 | 548 | 1,202 | 3,760 | 544 |
| Pre-Tax Profit | -4,405,492 | -4,575,395 | -7,443,386 | -4,922,082 | -3,399,032 | -941,519 |
| Tax | 526,135 | 670,622 | 644,234 | 622,035 | 775,279 | 257,107 |
| Profit After Tax | -3,879,357 | -3,904,773 | -6,799,152 | -4,300,047 | -2,623,753 | -684,412 |
| Dividends Paid | ||||||
| Retained Profit | -3,879,357 | -3,904,773 | -6,799,152 | -4,300,047 | -2,623,753 | -684,412 |
| Employee Costs | 3,733,563 | 4,086,830 | 5,543,529 | 5,767,537 | 4,830,597 | 2,437,483 |
| Number Of Employees | 76 | 92 | 127 | 142 | 121 | 127 |
| EBITDA* | -240,359 | 1,888,987 | -753,153 | 1,038,499 | 2,212,888 | 1,912,375 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 70,691 | 54,600 | 95,817 | 160,446 | 189,816 | 198,267 |
| Intangible Assets | 235,142 | 2,898,311 | 7,888,608 | 12,106,188 | 16,037,448 | 20,267,547 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 29,355 | 49,355 | 69,355 | |||
| Total Fixed Assets | 305,833 | 2,952,911 | 7,984,425 | 12,295,989 | 16,276,619 | 20,535,169 |
| Stock & work in progress | ||||||
| Trade Debtors | 27,527 | 20,035 | 33,838 | 200 | 33,295 | |
| Group Debtors | ||||||
| Misc Debtors | 610,037 | 735,242 | 782,123 | 936,987 | 678,090 | 414,951 |
| Cash | 1,222,818 | 2,477,294 | 263,154 | 743,030 | 1,918,869 | 2,611,016 |
| misc current assets | ||||||
| total current assets | 1,860,382 | 3,232,571 | 1,079,115 | 1,680,217 | 2,630,254 | 3,025,967 |
| total assets | 2,166,215 | 6,185,482 | 9,063,540 | 13,976,206 | 18,906,873 | 23,561,136 |
| Bank overdraft | 521,209 | 470,910 | 470,911 | 875,000 | 1,025,000 | 650,000 |
| Bank loan | ||||||
| Trade Creditors | 135,276 | 241,266 | 243,282 | 448,305 | 299,217 | 65,649 |
| Group/Directors Accounts | ||||||
| other short term finances | 61,755 | 61,755 | 61,755 | 61,755 | ||
| hp & lease commitments | ||||||
| other current liabilities | 964,660 | 1,329,871 | 4,536,773 | 3,204,708 | 1,760,930 | 2,415,505 |
| total current liabilities | 1,621,145 | 2,042,047 | 5,312,721 | 4,589,768 | 3,146,902 | 3,192,909 |
| loans | 8,989,134 | 9,424,433 | 15,837,759 | 14,069,638 | 14,922,638 | 15,508,244 |
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 3,462,758 | 2,343,033 | 371,064 | 371,064 | 883,782 | 1,350,000 |
| provisions | 372,321 | 775,754 | 1,691,452 | 2,296,040 | 3,021,111 | 3,956,290 |
| total long term liabilities | 12,824,213 | 12,543,220 | 17,900,275 | 16,736,742 | 18,827,531 | 20,814,534 |
| total liabilities | 14,445,358 | 14,585,267 | 23,212,996 | 21,326,510 | 21,974,433 | 24,007,443 |
| net assets | -12,279,143 | -8,399,785 | -14,149,456 | -7,350,304 | -3,067,560 | -446,307 |
| total shareholders funds | -12,279,143 | -8,399,785 | -14,149,456 | -7,350,304 | -3,067,560 | -446,307 |
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -3,039,643 | -3,197,193 | -5,727,195 | -3,697,473 | -2,331,776 | -382,399 |
| Depreciation | 48,411 | 51,003 | 79,893 | 103,240 | 96,525 | 38,910 |
| Amortisation | 2,750,873 | 5,035,177 | 4,894,149 | 4,632,732 | 4,448,139 | 2,255,864 |
| Tax | 526,135 | 670,622 | 644,234 | 622,035 | 775,279 | 257,107 |
| Stock | ||||||
| Debtors | -117,713 | -60,684 | -150,581 | 205,802 | 276,434 | 484,306 |
| Creditors | -105,990 | -2,016 | -205,023 | 149,088 | 233,568 | 65,649 |
| Accruals and Deferred Income | -365,211 | -3,206,902 | 1,332,065 | 1,443,778 | -654,575 | 2,415,505 |
| Deferred Taxes & Provisions | -403,433 | -915,698 | -604,588 | -725,071 | -935,179 | 3,956,290 |
| Cash flow from operations | -471,145 | -1,504,323 | 564,116 | 2,322,527 | 1,355,547 | 8,122,620 |
| Investing Activities | ||||||
| capital expenditure | -691,833 | -810,776 | -306,114 | -12,551,445 | ||
| Change in Investments | ||||||
| cash flow from investments | -691,833 | -810,776 | -306,114 | -12,551,445 | ||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | -61,755 | 61,755 | ||||
| Long term loans | -435,299 | -6,413,326 | 1,768,121 | -853,000 | -585,606 | 15,508,244 |
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | 1,119,725 | 1,971,969 | -512,718 | -466,218 | 1,350,000 | |
| share issue | ||||||
| interest | -1,365,849 | -1,378,202 | -1,716,191 | -1,224,609 | -1,067,256 | -559,120 |
| cash flow from financing | -681,424 | 3,773,130 | 51,930 | -2,573,024 | -2,116,580 | 16,598,984 |
| cash and cash equivalents | ||||||
| cash | -1,254,476 | 2,214,140 | -479,876 | -1,175,839 | -692,147 | 2,611,016 |
| overdraft | 50,299 | -1 | -404,089 | -150,000 | 375,000 | 650,000 |
| change in cash | -1,304,775 | 2,214,141 | -75,787 | -1,025,839 | -1,067,147 | 1,961,016 |
cmme group limited Credit Report and Business Information
Cmme Group Limited Competitor Analysis
Perform a competitor analysis for cmme group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in EC4M area or any other competitors across 12 key performance metrics.
cmme group limited Ownership
CMME GROUP LIMITED group structure
Cmme Group Limited has 1 subsidiary company.
Ultimate parent company
CMME GROUP LIMITED
09501915
1 subsidiary
cmme group limited directors
Cmme Group Limited currently has 3 directors. The longest serving directors include Mr Michael Coshott (Dec 2017) and Mr Andrew Strong (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Coshott | United Kingdom | 53 years | Dec 2017 | - | Director |
| Mr Andrew Strong | England | 60 years | Dec 2017 | - | Director |
| Mr Christopher Heavens | England | 50 years | Nov 2020 | - | Director |
P&L
February 2021turnover
5.6m
-36%
operating profit
-3m
-5%
gross margin
98.3%
+0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2021net assets
-12.3m
+0.46%
total assets
2.2m
-0.65%
cash
1.2m
-0.51%
net assets
Total assets minus all liabilities
cmme group limited company details
company number
09501915
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
February 2021
previous names
niche finance group limited (September 2017)
ingleby (1975) limited (February 2016)
accountant
-
auditor
RSM UK AUDIT LLP
address
c/o interpath ltd, 10 fleet place, london, EC4M 7RB
Bank
SANTANDER UK PLC
Legal Advisor
-
cmme group 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 3 charges/mortgages relating to cmme group limited. Currently there are 2 open charges and 1 have been satisfied in the past.
cmme group 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 CMME GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
cmme group limited Companies House Filings - See Documents
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