Marex HCG Limited
Registered name: MAREX HCG LIMITED
Part of Spectron Services Limited groupMarex HCG Limited made £37.7m revenue and £9.7m profit in the year to 31 Mar 2023.
Marex HCG Limited’s revenue grew 145% to £37.7m in the year to 31 Mar 2023, with £9.7m profit and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £15.4m | £37.7m |
| Cost of sales | £2m | £6.4m |
| Profit after tax | −£510k | £9.7m |
| Profit (best available) | −£510k | £9.7m |
| Staff costs | £0 | £0 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −3.3% | 25.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲145.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £39.2m | £70m |
| Net assets | — | £33.9m |
| Fixed assets | £863k | £832k |
| Debtors | £0 | £0 |
| Deferred income | £0 | £0 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 25.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now £33.9m
- Cash at bank
- ▲79%
- Now £70m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- ▼4%
- Now £832k
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
- Spectron Services Limitedultimate parent75–100%
- Tangent Trading Holdings Limited75–100%
- Darton Group Limited75–100%
- Darton Commodities Ltd.75–100%
- Darton Ltd.75–100%
- Marex Group Limited75–100%
- Marex UK Holdings Limited75–100%
- Spectron Services Limited75–100%
- Marex HCG Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Birchstone Markets LimitedRev. £7.9m · Profit £2.6m
- Emporos Technologies LimitedRev. — · Profit −£1.2m
- Goldhawk Partners LimitedFigures not disclosed
Sister companies (4)
- Marex Trading International LimitedFigures not disclosed
- Tangent Trading Holdings LimitedFigures not disclosed
- Volcap Trading Partners LimitedFigures not disclosed
- Xeram International Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit £9.7m), 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.