Gemini Wealth Management Ltd
Registered name: GEMINI WEALTH MANAGEMENT LTD
Part of Gemini Wealth Group Limited groupGemini Wealth Management Ltd made £3.6m revenue and £223k profit in the year to 31 Dec 2022.
Gemini Wealth Management Ltd’s revenue fell 2% to £3.6m in the year to 31 Dec 2022, with £223k profit and 25 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Sutton Coldfield; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Sutton Coldfield, West Midlands
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.7m | £3.6m |
| Cost of sales | £2.6m | £1.7m |
| Gross profit | £1.1m | £1.9m |
| Operating profit | £77.7k | £288k |
| Profit before tax | £77.7k | £289k |
| Profit after tax | £72.1k | £223k |
| Profit (best available) | £72.1k | £223k |
| Staff costs | £706k | £1.2m |
| Employees (average) | 25 | 25 |
| Ratios | ||
| Profit margin | 1.9% | 6.1% |
| Gross margin | 30% | 52.3% |
| Revenue per employee | £148k | £146k |
| Profit per employee | £2.9k | £8.9k |
| Cash conversion | −233.2% | 39.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.5% |
| Profit growth | — | ▲209.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £786k | £183k |
| Net assets | £1.1m | £1.1m |
| Fixed assets | £27.4k | £25.5k |
| Current assets | £1.3m | £1.3m |
| Debtors | £510k | £849k |
| Deferred income | £223k | £108k |
| Cash from operations | −£181k | £114k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 6.1%
- Profit ÷ revenue.
- Gross margin
- 52.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £146k
- Revenue ÷ average employees.
- Profit per employee
- £8.9k
- Profit ÷ average employees.
- Cash conversion
- 39.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼1%
- Now £1.1m
- Cash at bank
- ▼77%
- Now £183k
- Headcount
- 0%
- Now 25
- Deferred income
- ▼52%
- Now £108k
- Fixed assets
- ▼7%
- Now £25.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Gemini Wealth Group Limitedultimate parent75–100%
- Gemini Wealth Management Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Gemini Asset Management LtdRev. £436k · Profit £24.2k
- Gemini Legal Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2022 (profit £223k), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.