mm wealth group holdings ltd

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mm wealth group holdings ltd Company Information

Share MM WEALTH GROUP HOLDINGS LTD

Company Number

14317527

Shareholders

adrian francis john atkinson

david anthony jones

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Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

wellbrook court girton, cambridge, cambridgeshire, CB3 0NA

mm wealth group holdings ltd Estimated Valuation

£13.4m

Pomanda estimates the enterprise value of MM WEALTH GROUP HOLDINGS LTD at £13.4m based on a Turnover of £6.1m and 2.21x industry multiple (adjusted for size and gross margin).

mm wealth group holdings ltd Estimated Valuation

£22.1m

Pomanda estimates the enterprise value of MM WEALTH GROUP HOLDINGS LTD at £22.1m based on an EBITDA of £2.4m and a 9.25x industry multiple (adjusted for size and gross margin).

mm wealth group holdings ltd Estimated Valuation

£17.8m

Pomanda estimates the enterprise value of MM WEALTH GROUP HOLDINGS LTD at £17.8m based on Net Assets of £13.7m and 1.31x industry multiple (adjusted for liquidity).

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Mm Wealth Group Holdings Ltd Overview

Mm Wealth Group Holdings Ltd is a live company located in cambridgeshire, CB3 0NA with a Companies House number of 14317527. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2022, it's largest shareholder is adrian francis john atkinson with a 45.3% stake. Mm Wealth Group Holdings Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £6.1m with unknown growth in recent years.

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Mm Wealth Group Holdings Ltd Health Check

Pomanda's financial health check has awarded Mm Wealth Group Holdings Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £6.1m, make it smaller than the average company (£19.1m)

£6.1m - Mm Wealth Group Holdings Ltd

£19.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mm Wealth Group Holdings Ltd

- - Industry AVG

production

Production

with a gross margin of 90.2%, this company has a lower cost of product (35%)

90.2% - Mm Wealth Group Holdings Ltd

35% - Industry AVG

profitability

Profitability

an operating margin of 20.5% make it more profitable than the average company (4.4%)

20.5% - Mm Wealth Group Holdings Ltd

4.4% - Industry AVG

employees

Employees

with 23 employees, this is below the industry average (104)

23 - Mm Wealth Group Holdings Ltd

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £90.8k, the company has a higher pay structure (£44.4k)

£90.8k - Mm Wealth Group Holdings Ltd

£44.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £263.1k, this is more efficient (£190.5k)

£263.1k - Mm Wealth Group Holdings Ltd

£190.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (44 days)

2 days - Mm Wealth Group Holdings Ltd

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 76 days, this is slower than average (44 days)

76 days - Mm Wealth Group Holdings Ltd

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mm Wealth Group Holdings Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 201 weeks, this is more cash available to meet short term requirements (14 weeks)

201 weeks - Mm Wealth Group Holdings Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.8%, this is a lower level of debt than the average (69%)

13.8% - Mm Wealth Group Holdings Ltd

69% - Industry AVG

MM WEALTH GROUP HOLDINGS LTD financials

EXPORTms excel logo

Mm Wealth Group Holdings Ltd's latest turnover from January 2024 is £6.1 million and the company has net assets of £13.7 million. According to their latest financial statements, Mm Wealth Group Holdings Ltd has 23 employees and maintains cash reserves of £5.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024
Turnover6,051,184
Other Income Or Grants
Cost Of Sales590,340
Gross Profit5,460,844
Admin Expenses4,219,207
Operating Profit1,241,637
Interest Payable4,961
Interest Receivable50,666
Pre-Tax Profit1,287,342
Tax-572,100
Profit After Tax715,242
Dividends Paid731,432
Retained Profit-16,190
Employee Costs2,087,822
Number Of Employees23
EBITDA*2,392,467

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024
Tangible Assets163,360
Intangible Assets9,555,827
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets9,719,187
Stock & work in progress
Trade Debtors42,837
Group Debtors
Misc Debtors584,738
Cash5,515,704
misc current assets
total current assets6,143,279
total assets15,862,466
Bank overdraft
Bank loan
Trade Creditors 123,199
Group/Directors Accounts
other short term finances
hp & lease commitments73,595
other current liabilities1,229,067
total current liabilities1,425,861
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities669,205
provisions98,090
total long term liabilities767,295
total liabilities2,193,156
net assets13,669,310
total shareholders funds13,669,310
Jan 2024
Operating Activities
Operating Profit1,241,637
Depreciation89,072
Amortisation1,061,758
Tax-572,100
Stock
Debtors627,575
Creditors123,199
Accruals and Deferred Income1,229,067
Deferred Taxes & Provisions98,090
Cash flow from operations2,643,148
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 Commitments73,595
other long term liabilities669,205
share issue13,685,500
interest45,705
cash flow from financing14,474,005
cash and cash equivalents
cash5,515,704
overdraft
change in cash5,515,704

mm wealth group holdings ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mm Wealth Group Holdings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mm wealth group holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in CB3 area or any other competitors across 12 key performance metrics.

mm wealth group holdings ltd Ownership

MM WEALTH GROUP HOLDINGS LTD group structure

Mm Wealth Group Holdings Ltd has 2 subsidiary companies.

Ultimate parent company

MM WEALTH GROUP HOLDINGS LTD

14317527

2 subsidiaries

MM WEALTH GROUP HOLDINGS LTD Shareholders

adrian francis john atkinson 45.32%
david anthony jones 45.32%
david thurlow 8.01%
marc fuller 1.36%

mm wealth group holdings ltd directors

Mm Wealth Group Holdings Ltd currently has 2 directors. The longest serving directors include Mr Adrian Atkinson (Aug 2022) and Mr David Jones (Sep 2022).

officercountryagestartendrole
Mr Adrian AtkinsonUnited Kingdom56 years Aug 2022- Director
Mr David JonesEngland72 years Sep 2022- Director

P&L

January 2024

turnover

6.1m

0%

operating profit

1.2m

0%

gross margin

90.3%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

13.7m

0%

total assets

15.9m

0%

cash

5.5m

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

mm wealth group holdings ltd company details

company number

14317527

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

August 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

PRICE BAILEY LLP

address

wellbrook court girton, cambridge, cambridgeshire, CB3 0NA

Bank

-

Legal Advisor

-

mm wealth group holdings 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 did not find charges/mortgages relating to mm wealth group holdings ltd.

mm wealth group holdings 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.

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mm wealth group holdings ltd Companies House Filings - See Documents

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