eaton gate mgu limited
eaton gate mgu limited Company Information
Company Number
09825821
Next Accounts
Sep 2025
Shareholders
eaton gate (holdings) limited
Group Structure
View All
Industry
Non-life insurance
Registered Address
20 st. dunstan's hill, london, EC3R 8HL
eaton gate mgu limited Estimated Valuation
Pomanda estimates the enterprise value of EATON GATE MGU LIMITED at £5.8m based on a Turnover of £8.1m and 0.71x industry multiple (adjusted for size and gross margin).
eaton gate mgu limited Estimated Valuation
Pomanda estimates the enterprise value of EATON GATE MGU LIMITED at £22m based on an EBITDA of £2.8m and a 7.94x industry multiple (adjusted for size and gross margin).
eaton gate mgu limited Estimated Valuation
Pomanda estimates the enterprise value of EATON GATE MGU LIMITED at £5.9m based on Net Assets of £3.5m and 1.68x industry multiple (adjusted for liquidity).
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Eaton Gate Mgu Limited Overview
Eaton Gate Mgu Limited is a live company located in london, EC3R 8HL with a Companies House number of 09825821. It operates in the non-life insurance sector, SIC Code 65120. Founded in October 2015, it's largest shareholder is eaton gate (holdings) limited with a 100% stake. Eaton Gate Mgu Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.1m with declining growth in recent years.
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Eaton Gate Mgu Limited Health Check
Pomanda's financial health check has awarded Eaton Gate Mgu Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
1 Weak
Size
annual sales of £8.1m, make it larger than the average company (£2.1m)
£8.1m - Eaton Gate Mgu Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.7%)
-10% - Eaton Gate Mgu Limited
8.7% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Eaton Gate Mgu Limited
100% - Industry AVG
Profitability
an operating margin of 33.4% make it more profitable than the average company (17.6%)
33.4% - Eaton Gate Mgu Limited
17.6% - Industry AVG
Employees
with 50 employees, this is above the industry average (26)
- Eaton Gate Mgu Limited
26 - Industry AVG
Pay Structure
on an average salary of £23k, the company has a lower pay structure (£65.4k)
- Eaton Gate Mgu Limited
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is equally as efficient (£163.6k)
- Eaton Gate Mgu Limited
£163.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Eaton Gate Mgu Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Eaton Gate Mgu Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eaton Gate Mgu Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (18 weeks)
34 weeks - Eaton Gate Mgu Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.8%, this is a lower level of debt than the average (81.5%)
72.8% - Eaton Gate Mgu Limited
81.5% - Industry AVG
EATON GATE MGU LIMITED financials
Eaton Gate Mgu Limited's latest turnover from December 2023 is £8.1 million and the company has net assets of £3.5 million. According to their latest financial statements, we estimate that Eaton Gate Mgu Limited has 50 employees and maintains cash reserves of £6.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,134,104 | 7,484,514 | 15,966,853 | 11,091,211 | 5,716,596 | 2,304,615 | 1,532,857 | 192,603 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 2,713,658 | 1,981,953 | 6,504,116 | 4,667,343 | 1,344,038 | 261,741 | 117,145 | -159,227 | |
| Interest Payable | 0 | 0 | 0 | 0 | 239,531 | 134,143 | 196,268 | 0 | |
| Interest Receivable | 24,150 | 1,832 | 243 | 147,767 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 2,737,808 | 1,983,785 | 6,442,359 | 4,809,943 | 1,104,507 | 127,598 | -79,123 | -159,227 | |
| Tax | 0 | 54,142 | -754,155 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 2,737,808 | 2,037,927 | 5,688,204 | 4,809,943 | 1,104,507 | 127,598 | -79,123 | -159,227 | |
| Dividends Paid | 0 | 13,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 2,737,808 | -10,962,073 | 5,688,204 | 4,809,943 | 1,104,507 | 127,598 | -79,123 | -159,227 | |
| Employee Costs | 1,149,671 | 1,295,033 | 2,348,864 | 1,675,076 | 966,841 | 327,881 | 613,721 | 3,750 | |
| Number Of Employees | |||||||||
| EBITDA* | 2,775,658 | 2,043,953 | 6,571,283 | 4,672,510 | 1,344,038 | 261,741 | 117,145 | -159,227 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 118,833 | 180,833 | 242,833 | 304,833 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 5,307,940 | 3,098,488 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,426,773 | 3,279,321 | 242,833 | 304,833 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 16,073,310 | 8,805,703 | 2,741,732 | 940,752 | 3,076,713 | 0 | 0 |
| Misc Debtors | 1,353,248 | 3,347,865 | 1,600,768 | 4,552,143 | 2,385,243 | 1,129,164 | 388,275 | 192,603 | 0 |
| Cash | 6,151,453 | 5,172,374 | 4,937,347 | 1,787,371 | 651,188 | 35,703 | 149,697 | 1,364,668 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 4,428 | 0 | 0 | 0 |
| total current assets | 7,504,701 | 8,520,239 | 22,611,425 | 15,145,217 | 5,778,163 | 2,110,047 | 3,614,685 | 1,557,271 | 0 |
| total assets | 12,931,474 | 11,799,560 | 22,854,258 | 15,450,050 | 5,778,163 | 2,110,047 | 3,614,685 | 1,557,271 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 680,363 | 475,000 | 8,048 | 14,468 | 0 | 0 | 75,161 | 15,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,687,747 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 720,516 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,715,552 | 10,526,809 | 11,104,308 | 9,381,884 | 3,543,344 | 1,053,929 | 15,000 | 13,750 | 0 |
| total current liabilities | 9,395,915 | 11,001,809 | 11,112,356 | 9,396,352 | 3,543,344 | 1,053,929 | 810,677 | 1,716,497 | 0 |
| loans | 17,922 | 17,922 | 0 | 0 | 991,064 | 916,870 | 2,792,358 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,922 | 17,922 | 0 | 0 | 991,064 | 916,870 | 2,792,358 | 0 | 0 |
| total liabilities | 9,413,837 | 11,019,731 | 11,112,356 | 9,396,352 | 4,534,408 | 1,970,799 | 3,603,035 | 1,716,497 | 0 |
| net assets | 3,517,637 | 779,829 | 11,741,902 | 6,053,698 | 1,243,755 | 139,248 | 11,650 | -159,226 | 0 |
| total shareholders funds | 3,517,637 | 779,829 | 11,741,902 | 6,053,698 | 1,243,755 | 139,248 | 11,650 | -159,226 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,713,658 | 1,981,953 | 6,504,116 | 4,667,343 | 1,344,038 | 261,741 | 117,145 | -159,227 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 62,000 | 62,000 | 67,167 | 5,167 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 54,142 | -754,155 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 214,835 | -11,227,725 | 4,316,232 | 8,230,871 | 3,057,059 | -1,395,072 | 3,272,385 | 192,603 | 0 |
| Creditors | 205,363 | 466,952 | -6,420 | 14,468 | 0 | -75,161 | 60,161 | 15,000 | 0 |
| Accruals and Deferred Income | -1,811,257 | -577,499 | 1,722,424 | 5,838,540 | 2,489,415 | 1,038,929 | 1,250 | 13,750 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 954,929 | 13,215,273 | 3,216,900 | 2,294,647 | 776,394 | 2,620,581 | -3,093,829 | -323,080 | |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -1,687,747 | 1,687,747 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -720,516 | 720,516 | 0 | 0 |
| Long term loans | 0 | 17,922 | 0 | -991,064 | 74,194 | -1,875,488 | 2,792,358 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 24,150 | 1,832 | 243 | 147,767 | -239,531 | -134,143 | -196,268 | 0 | |
| cash flow from financing | 24,150 | 19,754 | 243 | -843,297 | -165,337 | -2,730,147 | 1,878,858 | 1,687,748 | |
| cash and cash equivalents | |||||||||
| cash | 979,079 | 235,027 | 3,149,976 | 1,136,183 | 615,485 | -113,994 | -1,214,971 | 1,364,668 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 979,079 | 235,027 | 3,149,976 | 1,136,183 | 615,485 | -113,994 | -1,214,971 | 1,364,668 | 0 |
eaton gate mgu limited Credit Report and Business Information
Eaton Gate Mgu Limited Competitor Analysis
Perform a competitor analysis for eaton gate mgu limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3R area or any other competitors across 12 key performance metrics.
eaton gate mgu limited Ownership
EATON GATE MGU LIMITED group structure
Eaton Gate Mgu Limited has no subsidiary companies.
Ultimate parent company
2 parents
EATON GATE MGU LIMITED
09825821
eaton gate mgu limited directors
Eaton Gate Mgu Limited currently has 5 directors. The longest serving directors include Mr Jonathan Matthews (Sep 2016) and Mr Hubert Speare-Cole (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Matthews | United Kingdom | 45 years | Sep 2016 | - | Director |
| Mr Hubert Speare-Cole | England | 65 years | Sep 2017 | - | Director |
| Mr Nathaniel Filer | England | 42 years | Jul 2024 | - | Director |
| Mr Tyron Moses | England | 42 years | Jul 2024 | - | Director |
| Mr Benedict Gilman | England | 46 years | Jul 2024 | - | Director |
P&L
December 2023turnover
8.1m
+9%
operating profit
2.7m
+37%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.5m
+3.51%
total assets
12.9m
+0.1%
cash
6.2m
+0.19%
net assets
Total assets minus all liabilities
Similar Companies
eaton gate mgu limited company details
company number
09825821
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
eaton gate brokers limited (June 2016)
accountant
-
auditor
DELOITTE LLP
address
20 st. dunstan's hill, london, EC3R 8HL
Bank
-
Legal Advisor
-
eaton gate mgu 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 1 charges/mortgages relating to eaton gate mgu limited. Currently there are 0 open charges and 1 have been satisfied in the past.
eaton gate mgu 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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eaton gate mgu limited Companies House Filings - See Documents
| date | description | view/download |
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