Activities of financial services holding companies
Registered Address
one southampton row, london, WC1B 5HA
Website
-
metro bank holdings plcEstimated Valuation
£2.9b
Pomanda estimates the enterprise value of METRO BANK HOLDINGS PLC at £2.9b based on a Turnover of £1.1b and 2.67x industry multiple (adjusted for size and gross margin).
metro bank holdings plcEstimated Valuation
£385.9m
Pomanda estimates the enterprise value of METRO BANK HOLDINGS PLC at £385.9m based on an EBITDA of £34m and a 11.35x industry multiple (adjusted for size and gross margin).
metro bank holdings plcEstimated Valuation
£1.8b
Pomanda estimates the enterprise value of METRO BANK HOLDINGS PLC at £1.8b based on Net Assets of £1.1b and 1.61x industry multiple (adjusted for liquidity).
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Metro Bank Holdings PlcOverview
Metro Bank Holdings Plc is a live company located in london, WC1B 5HA with a Companies House number of 14387040. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in September 2022, it's largest shareholder is
robert sharpe
with a 50% stake. Metro Bank Holdings Plc is a startup,
mega sized company, Pomanda has estimated its turnover at
£1.1b with
unknown
growth in recent years.
Pomanda's financial health check has awarded Metro Bank Holdings Plc a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
3 Weak
Size
annual sales of £1.1b, make it larger than the average company (£11.6m)
£1.1b - Metro Bank Holdings Plc
£11.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Metro Bank Holdings Plc
- - Industry AVG
Production
with a gross margin of 77.5%, this company has a comparable cost of product (77.5%)
77.5% - Metro Bank Holdings Plc
77.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Metro Bank Holdings Plc
- - Industry AVG
Employees
with 4286 employees, this is above the industry average (65)
4286 - Metro Bank Holdings Plc
65 - Industry AVG
Pay Structure
on an average salary of £56.3k, the company has a lower pay structure (£82.5k)
£56.3k - Metro Bank Holdings Plc
£82.5k - Industry AVG
Efficiency
resulting in sales per employee of £256k, this is more efficient (£212.1k)
£256k - Metro Bank Holdings Plc
£212.1k - Industry AVG
Debtor Days
it gets paid by customers after 4102 days, this is later than average (46 days)
4102 days - Metro Bank Holdings Plc
46 days - Industry AVG
Creditor Days
its suppliers are paid after 28934 days, this is slower than average (47 days)
28934 days - Metro Bank Holdings Plc
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Metro Bank Holdings Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (27 weeks)
9 weeks - Metro Bank Holdings Plc
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (54%)
94.9% - Metro Bank Holdings Plc
54% - Industry AVG
METRO BANK HOLDINGS PLC financials
EXPORT
Metro Bank Holdings Plc's latest turnover from December 2023 is £1.1 billion and the company has net assets of £1.1 billion. According to their latest financial statements, Metro Bank Holdings Plc has 4,286 employees and maintains cash reserves of £3.9 billion as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Turnover
1,097,300,000
103,227
Other Income Or Grants
Cost Of Sales
247,261,826
22,003
Gross Profit
850,038,174
81,224
Admin Expenses
850,038,174
81,224
Operating Profit
Interest Payable
Interest Receivable
102,138,750
Pre-Tax Profit
30,500,000
Tax
-1,000,000
Profit After Tax
29,500,000
Dividends Paid
Retained Profit
29,500,000
Employee Costs
241,200,000
82,769
Number Of Employees
4,286
1
EBITDA*
34,000,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Tangible Assets
5,602,000,000
Intangible Assets
193,000,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,795,000,000
Stock & work in progress
Trade Debtors
12,333,000,000
12,502
Group Debtors
Misc Debtors
Cash
3,891,000,000
misc current assets
118,000,000
37,500
total current assets
16,450,000,000
50,002
total assets
22,245,000,000
50,002
Bank overdraft
Bank loan
Trade Creditors
19,601,000,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
21,075,000,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
36,000,000
total liabilities
21,111,000,000
net assets
1,134,000,000
50,002
total shareholders funds
1,134,000,000
50,002
Dec 2023
Dec 2022
Operating Activities
Operating Profit
Depreciation
34,000,000
Amortisation
Tax
-1,000,000
Stock
Debtors
12,332,987,498
12,502
Creditors
19,601,000,000
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
7,301,012,502
-12,502
Investing Activities
capital expenditure
-5,829,000,000
Change in Investments
cash flow from investments
-5,829,000,000
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
1,104,449,998
50,002
interest
102,138,750
cash flow from financing
1,206,588,748
50,002
cash and cash equivalents
cash
3,891,000,000
overdraft
change in cash
3,891,000,000
metro bank holdings plc Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for metro bank holdings plc. Get real-time insights into metro bank holdings plc's credit score, group structure and payment trends.
Perform a competitor analysis for metro bank holdings plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in WC1B area or any other competitors across 12 key performance metrics.
metro bank holdings plc Ownership
METRO BANK HOLDINGS PLC group structure
Metro Bank Holdings Plc has no subsidiary companies.
Ultimate parent company
METRO BANK HOLDINGS PLC
14387040
METRO BANK HOLDINGS PLC Shareholders
The largest shareholders in Metro Bank Holdings Plc include Robert Sharpe and Daniel Sweeney Frumkin.
robert sharpe
50%
daniel sweeney frumkin
50%
metro bank holdings plc directors
Metro Bank Holdings Plc currently has 11 directors.
The longest serving directors include
Mr Daniel Frumkin (Sep 2022) and
Mr Robert Sharpe (Sep 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
1.1b
+22678.09%
total assets
22.2b
+444881.2%
cash
3.9b
0%
net assets
Total assets minus all liabilities
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metro bank holdings plc company details
company number
14387040
Type
Public limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
September 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
December 2023
previous names
mb group topco plc (December 2022)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
one southampton row, london, WC1B 5HA
Bank
-
Legal Advisor
-
metro bank holdings 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 metro bank holdings plc.
metro bank holdings 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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metro bank holdings plcCompanies House Filings - See Documents
