mrg finance uk plc
mrg finance uk plc Company Information
Company Number
11344483
Next Accounts
264 days late
Shareholders
sonel investment s.a.m.
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
12 grosvenor place, london, SW1X 7HH
Website
-mrg finance uk plc Estimated Valuation
Pomanda estimates the enterprise value of MRG FINANCE UK PLC at £2.6m based on a Turnover of £3.9m and 0.65x industry multiple (adjusted for size and gross margin).
mrg finance uk plc Estimated Valuation
Pomanda estimates the enterprise value of MRG FINANCE UK PLC at £736.8k based on an EBITDA of £308.8k and a 2.39x industry multiple (adjusted for size and gross margin).
mrg finance uk plc Estimated Valuation
Pomanda estimates the enterprise value of MRG FINANCE UK PLC at £0 based on Net Assets of £-440.8k and 1.89x industry multiple (adjusted for liquidity).
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Mrg Finance Uk Plc Overview
Mrg Finance Uk Plc is a live company located in london, SW1X 7HH with a Companies House number of 11344483. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in May 2018, it's largest shareholder is sonel investment s.a.m. with a 100% stake. Mrg Finance Uk Plc is a young, small sized company, Pomanda has estimated its turnover at £3.9m with declining growth in recent years.
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Mrg Finance Uk Plc Health Check
Pomanda's financial health check has awarded Mrg Finance Uk Plc a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £3.9m, make it in line with the average company (£3.6m)
£3.9m - Mrg Finance Uk Plc
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.9%)
-2% - Mrg Finance Uk Plc
2.9% - Industry AVG
Production
with a gross margin of 0.2%, this company has a higher cost of product (67.8%)
0.2% - Mrg Finance Uk Plc
67.8% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (25.8%)
4.6% - Mrg Finance Uk Plc
25.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Mrg Finance Uk Plc
5 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Mrg Finance Uk Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £2m, this is more efficient (£394k)
£2m - Mrg Finance Uk Plc
£394k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mrg Finance Uk Plc
- - Industry AVG
Creditor Days
its suppliers are paid after 777 days, this is slower than average (23 days)
777 days - Mrg Finance Uk Plc
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mrg Finance Uk Plc
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mrg Finance Uk Plc
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.9%, this is a higher level of debt than the average (91.6%)
100.9% - Mrg Finance Uk Plc
91.6% - Industry AVG
MRG FINANCE UK PLC financials
Mrg Finance Uk Plc's latest turnover from December 2022 is £3.9 million and the company has net assets of -£440.8 thousand. According to their latest financial statements, Mrg Finance Uk Plc has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 3,936,014 | 3,966,849 | 3,971,112 | 4,133,950 | 759,431 |
| Other Income Or Grants | |||||
| Cost Of Sales | 3,929,175 | 3,963,567 | 3,894,045 | 3,680,042 | 718,381 |
| Gross Profit | 6,839 | 3,282 | 77,067 | 453,908 | 41,050 |
| Admin Expenses | -175,222 | -943 | 74,908 | 449,304 | 40,099 |
| Operating Profit | 182,061 | 4,225 | 2,159 | 4,604 | 951 |
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | 182,061 | 4,225 | 2,159 | 4,604 | 951 |
| Tax | -287 | -875 | -181 | ||
| Profit After Tax | 182,061 | 4,225 | 1,872 | 3,729 | 770 |
| Dividends Paid | |||||
| Retained Profit | 182,061 | 4,225 | 1,872 | 3,729 | 770 |
| Employee Costs | |||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 |
| EBITDA* | 308,756 | 131,913 | 129,847 | 4,604 | 951 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 45,711,646 | 41,640,687 | |||
| Intangible Assets | |||||
| Investments & Other | 45,711,646 | 41,640,686 | 40,805,140 | 42,625,249 | |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 45,711,646 | 41,640,686 | 40,805,140 | 42,625,249 | |
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | 939,944 | 1,010,368 | 317,203 | ||
| Misc Debtors | 50,533,518 | 80,964 | 32,642 | 46,424 | 82,716 |
| Cash | 61,433 | 871,450 | 1,747,094 | ||
| misc current assets | 677,686 | 759,431 | |||
| total current assets | 50,533,518 | 1,020,909 | 1,104,444 | 1,912,763 | 2,589,241 |
| total assets | 50,533,518 | 46,732,555 | 42,745,130 | 42,717,903 | 45,214,490 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 8,370,291 | 714,317 | 12,065 | 16,648 | 420,394 |
| Group/Directors Accounts | 15,716 | ||||
| other short term finances | 42,603,910 | 659,112 | 641,054 | 718,381 | |
| hp & lease commitments | |||||
| other current liabilities | 154 | 155 | 23,663 | 20,758 | 18,116 |
| total current liabilities | 50,974,356 | 714,473 | 694,842 | 694,176 | 1,156,891 |
| loans | 46,645,860 | 42,682,292 | 41,969,228 | 44,006,829 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 46,645,860 | 42,682,292 | 41,969,228 | 44,006,829 | |
| total liabilities | 50,974,356 | 47,360,333 | 43,377,134 | 42,663,404 | 45,163,720 |
| net assets | -440,838 | -627,778 | -632,005 | 54,499 | 50,770 |
| total shareholders funds | -440,838 | -627,779 | -632,004 | 54,499 | 50,770 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 182,061 | 4,225 | 2,159 | 4,604 | 951 |
| Depreciation | |||||
| Amortisation | 126,695 | 127,688 | 127,688 | ||
| Tax | -287 | -875 | -181 | ||
| Stock | |||||
| Debtors | 49,512,609 | -22,101 | 679,383 | 280,911 | 82,716 |
| Creditors | 7,655,974 | 702,252 | -4,583 | -403,746 | 420,394 |
| Accruals and Deferred Income | -1 | -23,508 | 2,905 | 2,642 | 18,116 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -41,547,880 | 832,758 | -551,501 | -678,286 | 356,564 |
| Investing Activities | |||||
| capital expenditure | 1,820,109 | -7,603,521 | |||
| Change in Investments | -45,711,646 | 4,070,960 | 835,546 | -1,820,109 | 42,625,249 |
| cash flow from investments | 3,640,218 | -50,228,770 | |||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -15,716 | 15,716 | |||
| Other Short Term Loans | 42,603,910 | -659,112 | 18,058 | -77,327 | 718,381 |
| Long term loans | -46,645,860 | 3,963,568 | 713,064 | -2,037,601 | 44,006,829 |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | -4,037,070 | 3,304,456 | 27,031 | -2,099,212 | 44,775,210 |
| cash and cash equivalents | |||||
| cash | -61,433 | -810,017 | -875,644 | 1,747,094 | |
| overdraft | |||||
| change in cash | -61,433 | -810,017 | -875,644 | 1,747,094 |
mrg finance uk plc Credit Report and Business Information
Mrg Finance Uk Plc Competitor Analysis
Perform a competitor analysis for mrg finance uk plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SW1X area or any other competitors across 12 key performance metrics.
mrg finance uk plc Ownership
MRG FINANCE UK PLC group structure
Mrg Finance Uk Plc has no subsidiary companies.
Ultimate parent company
MRG FINANCE UK PLC
11344483
mrg finance uk plc directors
Mrg Finance Uk Plc currently has 2 directors. The longest serving directors include Mr Sebastien Maurin (May 2018) and Mr Anouar Belli (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sebastien Maurin | England | 50 years | May 2018 | - | Director |
| Mr Anouar Belli | England | 44 years | Nov 2023 | - | Director |
P&L
December 2022turnover
3.9m
-1%
operating profit
182.1k
+4209%
gross margin
0.2%
+110.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-440.8k
-0.3%
total assets
50.5m
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mrg finance uk plc company details
company number
11344483
Type
Public limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
MHA
address
12 grosvenor place, london, SW1X 7HH
Bank
-
Legal Advisor
-
mrg finance uk plc 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 mrg finance uk plc.
mrg finance uk plc 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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mrg finance uk plc Companies House Filings - See Documents
| date | description | view/download |
|---|
