harmony asset management ltd
harmony asset management ltd Company Information
Company Number
09507759
Next Accounts
Dec 2025
Shareholders
asma hatim suterwalla
mumtaz hatim suterwalla
View AllGroup Structure
View All
Industry
Security dealing on own account
Registered Address
29 welbeck street, london, W1G 8DA
Website
harmonyam.comharmony asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of HARMONY ASSET MANAGEMENT LTD at £386.7k based on a Turnover of £272.5k and 1.42x industry multiple (adjusted for size and gross margin).
harmony asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of HARMONY ASSET MANAGEMENT LTD at £511.7k based on an EBITDA of £121.8k and a 4.2x industry multiple (adjusted for size and gross margin).
harmony asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of HARMONY ASSET MANAGEMENT LTD at £640.2k based on Net Assets of £342k and 1.87x industry multiple (adjusted for liquidity).
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Harmony Asset Management Ltd Overview
Harmony Asset Management Ltd is a live company located in london, W1G 8DA with a Companies House number of 09507759. It operates in the security dealing on own account sector, SIC Code 64991. Founded in March 2015, it's largest shareholder is asma hatim suterwalla with a 25% stake. Harmony Asset Management Ltd is a established, micro sized company, Pomanda has estimated its turnover at £272.5k with unknown growth in recent years.
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Harmony Asset Management Ltd Health Check
Pomanda's financial health check has awarded Harmony Asset Management Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £272.5k, make it smaller than the average company (£8.7m)
- Harmony Asset Management Ltd
£8.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Harmony Asset Management Ltd
- - Industry AVG
Production
with a gross margin of 73.7%, this company has a comparable cost of product (73.7%)
- Harmony Asset Management Ltd
73.7% - Industry AVG
Profitability
an operating margin of 39% make it more profitable than the average company (9.4%)
- Harmony Asset Management Ltd
9.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Harmony Asset Management Ltd
8 - Industry AVG
Pay Structure
on an average salary of £90.5k, the company has an equivalent pay structure (£90.5k)
- Harmony Asset Management Ltd
£90.5k - Industry AVG
Efficiency
resulting in sales per employee of £272.5k, this is equally as efficient (£272.5k)
- Harmony Asset Management Ltd
£272.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Harmony Asset Management Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Harmony Asset Management Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harmony Asset Management Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Harmony Asset Management Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.1%, this is a higher level of debt than the average (56.8%)
90.1% - Harmony Asset Management Ltd
56.8% - Industry AVG
HARMONY ASSET MANAGEMENT LTD financials
Harmony Asset Management Ltd's latest turnover from March 2024 is estimated at £272.5 thousand and the company has net assets of £342 thousand. According to their latest financial statements, Harmony Asset Management Ltd has 1 employee and maintains cash reserves of £121.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 301,291 | 515,117 | 11,419,967 | 10,244,339 | |||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 200,228 | 491,860 | 11,179,642 | 10,545,181 | |||||
| Gross Profit | 101,063 | 23,257 | 240,325 | -300,842 | |||||
| Admin Expenses | 3,179 | 2,902 | 9,257 | 6,550 | |||||
| Operating Profit | 97,884 | 20,355 | 231,068 | -307,392 | |||||
| Interest Payable | 1,006 | 1,318 | 20,767 | 9,113 | |||||
| Interest Receivable | 39,660 | 22,815 | |||||||
| Pre-Tax Profit | 136,538 | 41,967 | 221,684 | -312,764 | |||||
| Tax | -6,364 | ||||||||
| Profit After Tax | 130,174 | 41,967 | 221,684 | -312,764 | |||||
| Dividends Paid | |||||||||
| Retained Profit | 130,174 | 41,967 | 221,684 | -312,764 | |||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||
| EBITDA* | 97,884 | 20,355 | 231,068 | -307,392 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,498 | 28,975 | 44,453 | 5,936 | |||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 13,498 | 28,975 | 44,453 | 5,936 | |||||
| Stock & work in progress | |||||||||
| Trade Debtors | |||||||||
| Group Debtors | |||||||||
| Misc Debtors | 5,000 | ||||||||
| Cash | 121,382 | 68,065 | 1,527,307 | 1,103,176 | 1,608,508 | 1,250,653 | 819,010 | 4,803 | 4,770 |
| misc current assets | 3,301,845 | 3,257,130 | 1,705,307 | 2,034,592 | 63,178 | 356,790 | 749,797 | 2,553,905 | 2,097,681 |
| total current assets | 3,423,227 | 3,325,195 | 3,232,614 | 3,137,768 | 1,676,686 | 1,607,443 | 1,568,807 | 2,558,708 | 2,102,451 |
| total assets | 3,436,725 | 3,354,170 | 3,277,067 | 3,143,704 | 1,676,686 | 1,607,443 | 1,568,807 | 2,558,708 | 2,102,451 |
| Bank overdraft | 1,239,790 | 87,995 | 92,676 | 1,047,288 | 813,315 | ||||
| Bank loan | |||||||||
| Trade Creditors | |||||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 3,094,754 | 3,095,669 | 3,082,064 | 1,805,818 | 1,631,414 | 1,604,350 | 1,603,000 | 1,602,400 | 1,601,800 |
| total current liabilities | 3,094,754 | 3,095,669 | 3,082,064 | 3,045,608 | 1,631,414 | 1,692,345 | 1,695,676 | 2,649,688 | 2,415,115 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 3,094,754 | 3,095,669 | 3,082,064 | 3,045,608 | 1,631,414 | 1,692,345 | 1,695,676 | 2,649,688 | 2,415,115 |
| net assets | 341,971 | 258,501 | 195,003 | 98,096 | 45,272 | -84,902 | -126,869 | -90,980 | -312,664 |
| total shareholders funds | 341,971 | 258,501 | 195,003 | 98,096 | 45,272 | -84,902 | -126,869 | -90,980 | -312,664 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 97,884 | 20,355 | 231,068 | -307,392 | |||||
| Depreciation | 15,477 | 15,478 | 15,478 | 1,979 | |||||
| Amortisation | |||||||||
| Tax | -6,364 | ||||||||
| Stock | |||||||||
| Debtors | -5,000 | 5,000 | |||||||
| Creditors | |||||||||
| Accruals and Deferred Income | -915 | 13,605 | 1,276,246 | 174,404 | 27,064 | 1,350 | 600 | 600 | 1,601,800 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 113,584 | 21,705 | 231,668 | 1,294,408 | |||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 38,654 | 21,497 | -20,767 | -9,113 | |||||
| cash flow from financing | 38,654 | 21,497 | -20,767 | -9,013 | |||||
| cash and cash equivalents | |||||||||
| cash | 53,317 | -1,459,242 | 424,131 | -505,332 | 357,855 | 431,643 | 814,207 | 33 | 4,770 |
| overdraft | -1,239,790 | 1,239,790 | -87,995 | -4,681 | -954,612 | 233,973 | 813,315 | ||
| change in cash | 53,317 | -1,459,242 | 1,663,921 | -1,745,122 | 445,850 | 436,324 | 1,768,819 | -233,940 | -808,545 |
harmony asset management ltd Credit Report and Business Information
Harmony Asset Management Ltd Competitor Analysis
Perform a competitor analysis for harmony asset management ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.
harmony asset management ltd Ownership
HARMONY ASSET MANAGEMENT LTD group structure
Harmony Asset Management Ltd has no subsidiary companies.
Ultimate parent company
HARMONY ASSET MANAGEMENT LTD
09507759
harmony asset management ltd directors
Harmony Asset Management Ltd currently has 4 directors. The longest serving directors include Mrs Asma Suterwalla (Mar 2015) and Mr Hatim Suterwalla (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Asma Suterwalla | 80 years | Mar 2015 | - | Director | |
| Mr Hatim Suterwalla | 84 years | Mar 2015 | - | Director | |
| Dr Shehnaz Suterwalla | England | 52 years | Oct 2021 | - | Director |
| Ms Mumtaz Suterwalla | United Kingdom | 50 years | Oct 2021 | - | Director |
P&L
March 2024turnover
272.5k
-13%
operating profit
106.3k
0%
gross margin
73.7%
+7.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
342k
+0.32%
total assets
3.4m
+0.02%
cash
121.4k
+0.78%
net assets
Total assets minus all liabilities
harmony asset management ltd company details
company number
09507759
Type
Private limited with Share Capital
industry
64991 - Security dealing on own account
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
WARD DIVECHA LIMITED
auditor
-
address
29 welbeck street, london, W1G 8DA
Bank
-
Legal Advisor
-
harmony asset management 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 found 1 charges/mortgages relating to harmony asset management ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
harmony asset management 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.
Click to start generating capital raising & share issue transactions for HARMONY ASSET MANAGEMENT LTD. This can take several minutes, an email will notify you when this has completed.
harmony asset management ltd Companies House Filings - See Documents
| date | description | view/download |
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