meet harmony limited
meet harmony limited Company Information
Company Number
10069842
Next Accounts
Sep 2025
Industry
Retail sale via mail order houses or via Internet
Directors
Shareholders
antonin rubens cohen adad
the family (fellowship) llp
View AllGroup Structure
View All
Contact
Registered Address
9th floor 107 cheapside, london, EC2V 6DN
Website
meetharmony.commeet harmony limited Estimated Valuation
Pomanda estimates the enterprise value of MEET HARMONY LIMITED at £1m based on a Turnover of £2.9m and 0.35x industry multiple (adjusted for size and gross margin).
meet harmony limited Estimated Valuation
Pomanda estimates the enterprise value of MEET HARMONY LIMITED at £0 based on an EBITDA of £-91.9k and a 4.09x industry multiple (adjusted for size and gross margin).
meet harmony limited Estimated Valuation
Pomanda estimates the enterprise value of MEET HARMONY LIMITED at £1.4m based on Net Assets of £604k and 2.28x industry multiple (adjusted for liquidity).
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Meet Harmony Limited Overview
Meet Harmony Limited is a live company located in london, EC2V 6DN with a Companies House number of 10069842. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2016, it's largest shareholder is antonin rubens cohen adad with a 88.5% stake. Meet Harmony Limited is a young, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.
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Meet Harmony Limited Health Check
Pomanda's financial health check has awarded Meet Harmony Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £2.9m, make it larger than the average company (£506.8k)
- Meet Harmony Limited
£506.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.5%)
- Meet Harmony Limited
4.5% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Meet Harmony Limited
35.9% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (1.9%)
- Meet Harmony Limited
1.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Meet Harmony Limited
7 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Meet Harmony Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £2.9m, this is more efficient (£186.7k)
- Meet Harmony Limited
£186.7k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (19 days)
- Meet Harmony Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Meet Harmony Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (81 days)
- Meet Harmony Limited
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 481 weeks, this is more cash available to meet short term requirements (17 weeks)
481 weeks - Meet Harmony Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (71.6%)
0.8% - Meet Harmony Limited
71.6% - Industry AVG
MEET HARMONY LIMITED financials
Meet Harmony Limited's latest turnover from December 2023 is estimated at £2.9 million and the company has net assets of £604 thousand. According to their latest financial statements, Meet Harmony Limited has 1 employee and maintains cash reserves of £43.4 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 5 | 7 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 207 | 10,850 | 20,984 | 24,315 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,679 | 2,679 | 2,679 | 4,106 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,679 | 2,679 | 2,679 | 4,313 | 10,850 | 20,984 | 24,315 | 0 |
| Stock & work in progress | 104,411 | 28,264 | 551 | 1,853 | 60,450 | 439,121 | 349,190 | 9,497 |
| Trade Debtors | 431,443 | 562,656 | 617,443 | 671,937 | 704,783 | 101,198 | 8,243 | 12,318 |
| Group Debtors | 0 | 0 | 0 | 33,134 | 35,156 | 0 | 0 | 0 |
| Misc Debtors | 26,696 | 32,578 | 65,188 | 20,432 | 51,124 | 31,260 | 0 | 0 |
| Cash | 43,407 | 78,129 | 42,372 | 50,918 | 119,985 | 601,508 | 284,800 | 52,994 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 605,957 | 701,627 | 725,554 | 778,274 | 971,498 | 1,173,087 | 642,233 | 74,809 |
| total assets | 608,636 | 704,306 | 728,233 | 782,587 | 982,348 | 1,194,071 | 666,548 | 74,809 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,145 | 5,438 | 3,641 | 11,059 | 26,584 | 28,706 | 146,197 | 45,503 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 41 | 41 | 41 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 891,822 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,539 | 6,175 | 881,824 | 909,641 | 60,967 | 687,522 | 118,871 | 0 |
| total current liabilities | 4,684 | 11,613 | 885,465 | 920,700 | 979,414 | 716,269 | 265,109 | 45,503 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,684 | 11,613 | 885,465 | 920,700 | 979,414 | 716,269 | 265,109 | 45,503 |
| net assets | 603,952 | 692,693 | -157,232 | -138,113 | 2,934 | 477,802 | 401,439 | 29,306 |
| total shareholders funds | 603,952 | 692,693 | -157,232 | -138,113 | 2,934 | 477,802 | 401,439 | 29,306 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 207 | 6,241 | 10,134 | 9,793 | 3,521 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 76,147 | 27,713 | -1,302 | -58,597 | -378,671 | 89,931 | 339,693 | 9,497 |
| Debtors | -137,095 | -87,397 | -42,872 | -65,560 | 658,605 | 124,215 | -4,075 | 12,318 |
| Creditors | -3,293 | 1,797 | -7,418 | -15,525 | -2,122 | -117,491 | 100,694 | 45,503 |
| Accruals and Deferred Income | -3,636 | -875,649 | -27,817 | 848,674 | -626,555 | 568,651 | 118,871 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | -1,427 | 4,106 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -41 | 0 | 0 | 41 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -891,822 | 891,822 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -34,722 | 35,757 | -8,546 | -69,067 | -481,523 | 316,708 | 231,806 | 52,994 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -34,722 | 35,757 | -8,546 | -69,067 | -481,523 | 316,708 | 231,806 | 52,994 |
meet harmony limited Credit Report and Business Information
Meet Harmony Limited Competitor Analysis
Perform a competitor analysis for meet harmony limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
meet harmony limited Ownership
MEET HARMONY LIMITED group structure
Meet Harmony Limited has no subsidiary companies.
Ultimate parent company
MEET HARMONY LIMITED
10069842
meet harmony limited directors
Meet Harmony Limited currently has 1 director, Antonin Cohen Adad serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Antonin Cohen Adad | United Kingdom | 38 years | Mar 2016 | - | Director |
P&L
December 2023turnover
2.9m
-15%
operating profit
-91.9k
0%
gross margin
36%
-0.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
604k
-0.13%
total assets
608.6k
-0.14%
cash
43.4k
-0.44%
net assets
Total assets minus all liabilities
Similar Companies
meet harmony limited company details
company number
10069842
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
FINERVA
auditor
-
address
9th floor 107 cheapside, london, EC2V 6DN
Bank
-
Legal Advisor
-
meet harmony 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 meet harmony limited.
meet harmony 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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meet harmony limited Companies House Filings - See Documents
| date | description | view/download |
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