OverviewSuggest Edit

Nutmeg is an online discretionary investment management company. The Company invests in listed securities, debt, cash, commodities and other investment asset classes, primarily, but not exclusively, via exchange-traded funds. Nutmeg provides an online alternative to stockbroker platforms where customers make their own trading decisions. 

TypePrivate
Founded2011
HQLondon, GB
Websitenutmeg.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Feb 2021)217(+4%)
Revenue (FY, 2019)£9.3 M(+30%)
Cybersecurity ratingBMore

Key People/Management at Nutmeg

Brad Holland

Brad Holland

Director of Investment Strategy
Neil Alexander

Neil Alexander

Chief Executive Officer, Executive Director
Johnny Chen

Johnny Chen

Non-Executive Director
Matt Gatrell

Matt Gatrell

Chief Operating Officer, Director
Craig Anderson

Craig Anderson

Non-Executive Director
Stephen Clark

Stephen Clark

Non-Executive Director
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Nutmeg Office Locations

Nutmeg has an office in London
London, GB (HQ)
1-45 Durham St, Vauxhall
Show all (1)

Nutmeg Financials and Metrics

Summary Metrics

Founding Date

2011

Nutmeg total Funding

$152.3 m

Nutmeg latest funding size

$4.80 m

Time since last funding

2 years ago

Nutmeg investors

Nutmeg's latest funding round in June 2019 was reported to be $4.8 m. In total, Nutmeg has raised $152.3 m. Nutmeg's latest valuation is reported to be £120 m.
View all funding rounds

Nutmeg Revenue

Nutmeg's revenue was reported to be £9.27 m in FY, 2019 which is a 29.6% increase from the previous period.
GBP

Revenue (FY, 2019)

9.3m

Revenue growth (FY, 2018 - FY, 2019), %

29.6%

Net income (FY, 2019)

(21.2m)

EBIT (FY, 2019)

(22.5m)

Market valuation

120.0m

Cash (31-Dec-2018)

8.7m

EV

111.3m
  • Source: Companies House
GBPFY, 2017FY, 2018FY, 2019

Revenue

4.6m7.2m9.3m

Revenue growth, %

79%57%30%

Operating expense total

16.9m22.7m28.3m

EBIT

(12.4m)(18.6m)(22.5m)
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

96.6k3.3m17.0m8.9m27.9m25.4m8.7m

Accounts Receivable

687.034.8k86.7k

Inventories

Current Assets

111.7k3.5m17.5m9.9m29.0m27.3m10.9m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(750.0k)(3.6m)(5.3m)(8.9m)(9.3m)(12.1m)

Cash From Operating Activities

(681.8k)(3.5m)(5.2m)(8.9m)(9.1m)(12.2m)

Cash From Financing Activities

800.8k5.3m18.9m1.0m28.8m11.5m

Net Change in Cash

96.6k1.8m13.7m(8.1m)19.0m(2.5m)
GBPFY, 2012

Financial Leverage

2.6 x
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Nutmeg Operating Metrics

Nutmeg's Assets Under Management was reported to be £600m in Dec, 2016. Nutmeg's Customers was reported to be 25 k in Y, 2016.
Aug, 2016Dec, 2016Y, 2016

Assets Under Management

£400 m£600 m

Customers

25 k
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Human Capital Metrics

Embed Graph
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Nutmeg Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Nutmeg Online and Social Media Presence

Embed Graph

Nutmeg Blogs

A new country, new career, new goals: Johann’s investment journey

Back in 2016 I used to take the London Underground every day. Typically, I wouldn’t pay much attention to the advertising boards during my daily commute but this was at a point in my life when I had just completed a major transaction and was proudly putting my foot on the property ladder. Therefore,…

Special Report: Are China and the US decoupling?

Geopolitical, social and ecological ruptures have become front of mind for politicians, businesses, the media and financial markets over the last few years. Long–term investing can often take for granted the continuity of prevailing global systems; specifically, the reliance of finance on natural re…

What does the end of the tax year mean for investors?

We commonly think of each year ending on December 31st, however the UK tax year, often referred to as the financial year, ends on April 5th.  The end of the tax year is important for investors because after this date you are no longer able to put money into your tax-free allocations from the previou…

Best ISA options for grandparents

Whether it’s in the form of cash in birthday cards or something more substantial, the idea of grandparents helping to give their grandchildren a financial head start is not new. In fact, our client services team regularly hears from grandparents looking to put some money away for young children. So,…

How GameStop has shown the value of long-term investing

The dust has settled on the GameStop story but we feel its legacy will be felt for some time. It wasn’t the victory for the small rebel investor against the titans of finance that many wanted us to believe – the reality is a lot of small investors will have lost their money and their... Read more »…

Tax year end 2020/21: key dates for the current tax year

The 2020/21 tax year ends at 23:59:59 on Monday 5th April 2021. To ensure you don’t miss out on taking full advantage of the various tax-free allowances that reset at the end of the tax year, we’ve put together a guide with the key dates you need to be aware of. That way, you can make contributions …
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Nutmeg Frequently Asked Questions

  • When was Nutmeg founded?

    Nutmeg was founded in 2011.

  • Who are Nutmeg key executives?

    Nutmeg's key executives are Brad Holland, Neil Alexander and Johnny Chen.

  • How many employees does Nutmeg have?

    Nutmeg has 217 employees.

  • What is Nutmeg revenue?

    Latest Nutmeg annual revenue is £9.3 m.

  • What is Nutmeg revenue per employee?

    Latest Nutmeg revenue per employee is £42.7 k.

  • Who are Nutmeg competitors?

    Competitors of Nutmeg include MoneyFarm, Axos Invest and iQuant.

  • Where is Nutmeg headquarters?

    Nutmeg headquarters is located at 1-45 Durham St, Vauxhall, London.

  • Where are Nutmeg offices?

    Nutmeg has an office in London.

  • How many offices does Nutmeg have?

    Nutmeg has 1 office.