Gemini Asset Management Ltd
Registered name: GEMINI ASSET MANAGEMENT LTD
Part of Gemini Wealth Group Limited groupGemini Asset Management Ltd made £436k revenue and £24.2k profit in the year to 31 Dec 2022.
Gemini Asset Management Ltd’s revenue fell 4% to £436k in the year to 31 Dec 2022, with £24.2k profit and 4 employees. The company is classified under “other business support service activities” and is based in Sutton Coldfield; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Sutton Coldfield, West Midlands
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
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) | £456k | £436k |
| Cost of sales | £150k | £98.8k |
| Gross profit | £306k | £337k |
| Operating profit | £68.1k | £32.7k |
| Profit before tax | £68.1k | £32.7k |
| Profit after tax | £86.9k | £24.2k |
| Profit (best available) | £86.9k | £24.2k |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | 19.1% | 5.5% |
| Gross margin | 67.1% | 77.4% |
| Revenue per employee | £114k | £109k |
| Profit per employee | £21.7k | £6k |
| Cash conversion | −112% | −32.7% |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.3% |
| Profit growth | — | ▼72.2% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £291k | £302k |
| Net assets | £315k | £340k |
| Current assets | £360k | £363k |
| Debtors | £69.3k | £61.2k |
| Deferred income | £6.2k | £7.5k |
| Cash from operations | −£76.3k | −£10.7k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 77.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- −32.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14%
- 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
- ▲8%
- Now £340k
- Cash at bank
- ▲4%
- Now £302k
- Headcount
- 0%
- Now 4
- Deferred income
- ▲21%
- Now £7.5k
- Fixed assets
- —
- Now —
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 Asset Management Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Gemini Wealth Management LtdRev. £3.6m · Profit £223k
- Gemini Legal Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2022 (profit £24.2k), 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.