Met Asset Management UK LLP
Registered name: MET ASSET MANAGEMENT UK LLP
Met Asset Management UK LLP made £223k revenue and a £192k loss in the year to 31 Oct 2024.
Met Asset Management UK LLP’s revenue fell 39% to £223k in the year to 31 Oct 2024, with a loss of £192k. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £490k | £366k | £223k |
| Cost of sales | £206k | £143k | −£72.3k |
| Gross profit | £284k | £223k | £151k |
| Operating profit | −£15.3k | £58.6k | −£194k |
| Profit before tax | — | — | −£192k |
| Profit after tax | −£14.9k | £57k | −£192k |
| Profit (best available) | −£14.9k | £57k | −£192k |
| Staff costs | £213k | £104k | — |
| Employees (average) | 2 | 2 | — |
| Ratios | |||
| Profit margin | −3% | 15.6% | −86.1% |
| Gross margin | 57.9% | 61% | 67.6% |
| Revenue per employee | £245k | £183k | — |
| Profit per employee | −£7.5k | £28.5k | — |
| Cash conversion | — | 100.7% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼25.3% | ▼39.1% |
| Profit growth | — | — | ▼437% |
| Headcount growth | — | 0% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £482k | £393k | — |
| Net assets | — | — | — |
| Current assets | £1.1m | £1.1m | — |
| Debtors | £575k | £755k | — |
| Deferred income | £62.6k | £23.2k | — |
| Cash from operations | −£192k | £59k | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | Accounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −86.1%
- Profit ÷ revenue.
- Gross margin
- 67.6%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 Oct 2024 (profit −£192k), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.