lloyds bank plc Company Information
Company Number
00002065
Website
www.lloydsbank.comRegistered Address
25 gresham street, london, EC2V 7HN
Industry
Banks
Telephone
03453000000
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
lloyds banking group plc 100%
lloyds bank plc Estimated Valuation
Pomanda estimates the enterprise value of LLOYDS BANK PLC at £81.6b based on a Turnover of £31.1b and 2.63x industry multiple (adjusted for size and gross margin).
lloyds bank plc Estimated Valuation
Pomanda estimates the enterprise value of LLOYDS BANK PLC at £65b based on an EBITDA of £4.4b and a 14.72x industry multiple (adjusted for size and gross margin).
lloyds bank plc Estimated Valuation
Pomanda estimates the enterprise value of LLOYDS BANK PLC at £191.1b based on Net Assets of £40.4b and 4.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lloyds Bank Plc Overview
Lloyds Bank Plc is a live company located in london, EC2V 7HN with a Companies House number of 00002065. It operates in the banks sector, SIC Code 64191. Founded in April 1865, it's largest shareholder is lloyds banking group plc with a 100% stake. Lloyds Bank Plc is a mature, mega sized company, Pomanda has estimated its turnover at £31.1b with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lloyds Bank Plc Health Check
Pomanda's financial health check has awarded Lloyds Bank Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
1 Weak
Size
annual sales of £31.1b, make it larger than the average company (£88.1m)
£31.1b - Lloyds Bank Plc
£88.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a similar rate (19.2%)
19% - Lloyds Bank Plc
19.2% - Industry AVG
Production
with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)
70.8% - Lloyds Bank Plc
70.8% - Industry AVG
Profitability
an operating margin of 14.2% make it as profitable than the average company (17%)
14.2% - Lloyds Bank Plc
17% - Industry AVG
Employees
with 65399 employees, this is above the industry average (166)
65399 - Lloyds Bank Plc
166 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has a lower pay structure (£97.6k)
£65.2k - Lloyds Bank Plc
£97.6k - Industry AVG
Efficiency
resulting in sales per employee of £475k, this is more efficient (£400.8k)
£475k - Lloyds Bank Plc
£400.8k - Industry AVG
Debtor Days
it gets paid by customers after 6115 days, this is near the average (5479 days)
6115 days - Lloyds Bank Plc
5479 days - Industry AVG
Creditor Days
its suppliers are paid after 20387 days, this is slower than average (86 days)
20387 days - Lloyds Bank Plc
86 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lloyds Bank Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (10 weeks)
5 weeks - Lloyds Bank Plc
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.3%, this is a similar level of debt than the average (90.6%)
93.3% - Lloyds Bank Plc
90.6% - Industry AVG
LLOYDS BANK PLC financials
Lloyds Bank Plc's latest turnover from December 2023 is £31.1 billion and the company has net assets of £40.4 billion. According to their latest financial statements, Lloyds Bank Plc has 65,399 employees and maintains cash reserves of £57.9 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 31,062,000,000 | 21,303,000,000 | 17,499,000,000 | 18,590,000,000 | 21,513,000,000 | 21,664,000,000 | 21,865,000,000 | 20,900,000,000 | 23,848,000,000 | 27,268,000,000 | 34,470,000,000 | 38,397,000,000 | 43,850,000,000 | 63,132,000,000 | 29,145,000,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | 0 | 0 | 0 | ||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | 7,056,000,000 | 6,094,000,000 | 5,785,000,000 | 1,329,000,000 | 3,474,000,000 | 4,929,000,000 | 5,035,000,000 | 1,977,000,000 | 1,227,000,000 | 2,289,000,000 | 894,000,000 | -510,000,000 | -1,531,000,000 | 725,000,000 | -4,378,000,000 |
Tax | -1,849,000,000 | -1,300,000,000 | -583,000,000 | 137,000,000 | -1,241,000,000 | -1,423,000,000 | -1,602,000,000 | -947,000,000 | -694,000,000 | -422,000,000 | -1,260,000,000 | -721,000,000 | 736,000,000 | -818,000,000 | 1,605,000,000 |
Profit After Tax | 5,207,000,000 | 4,794,000,000 | 5,202,000,000 | 1,466,000,000 | 2,233,000,000 | 3,506,000,000 | 3,433,000,000 | 1,030,000,000 | 533,000,000 | 1,867,000,000 | -366,000,000 | -1,231,000,000 | -795,000,000 | -93,000,000 | -2,773,000,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 4,100,000,000 | 11,022,000,000 | 2,650,000,000 | 3,040,000,000 | 1,080,000,000 | 0 | 25,000,000 | 56,000,000 | 50,000,000 | 0 | 0 |
Retained Profit | 5,192,000,000 | 4,769,000,000 | 5,170,000,000 | 1,440,000,000 | -1,907,000,000 | -6,237,000,000 | 1,489,000,000 | -1,938,000,000 | -417,000,000 | 1,780,000,000 | -427,000,000 | -1,371,000,000 | -918,000,000 | -155,000,000 | -2,797,000,000 |
Employee Costs | 4,262,000,000 | 3,853,000,000 | 3,692,000,000 | 3,615,000,000 | 3,985,000,000 | 4,573,000,000 | 4,418,000,000 | 4,628,000,000 | 4,474,000,000 | 4,745,000,000 | 5,841,000,000 | 5,491,000,000 | 6,166,000,000 | 5,622,000,000 | 3,708,000,000 |
Number Of Employees | 65,399 | 62,549 | 64,161 | 67,630 | 70,083 | 71,786 | 73,438 | 77,726 | 83,028 | 97,869 | 113,617 | 120,449 | 122,979 | 66,015 | |
EBITDA* | 1,823,000,000 | 2,017,000,000 | 2,040,000,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,662,000,000 | 6,384,000,000 | 96,631,000,000 | 12,322,000,000 | 12,837,000,000 | 11,732,000,000 | 53,899,000,000 | 69,449,000,000 | 69,881,000,000 | 89,730,000,000 | 82,499,000,000 | 49,801,000,000 | 65,172,000,000 | 70,230,000,000 | 35,133,000,000 |
Intangible Assets | 5,837,000,000 | 5,124,000,000 | 4,614,000,000 | 4,582,000,000 | 4,255,000,000 | 3,796,000,000 | 3,140,000,000 | 1,700,000,000 | 3,854,000,000 | 4,086,000,000 | 4,295,000,000 | 4,808,000,000 | 5,212,000,000 | 5,512,000,000 | 2,221,000,000 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 11,499,000,000 | 11,508,000,000 | 101,245,000,000 | 16,904,000,000 | 17,092,000,000 | 15,528,000,000 | 57,039,000,000 | 71,149,000,000 | 73,735,000,000 | 93,816,000,000 | 86,794,000,000 | 54,609,000,000 | 70,384,000,000 | 75,742,000,000 | 37,354,000,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 520,435,000,000 | 519,470,000,000 | 447,325,000,000 | 474,356,000,000 | 520,334,000,000 | 508,025,000,000 | 543,981,000,000 | 546,025,000,000 | 655,251,000,000 | 699,248,000,000 | 693,478,000,000 | 772,621,000,000 | 834,806,000,000 | 874,340,000,000 | 492,152,000,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 57,909,000,000 | 72,005,000,000 | 54,279,000,000 | 49,888,000,000 | 38,880,000,000 | 40,213,000,000 | 58,521,000,000 | 47,452,000,000 | 58,417,000,000 | 50,492,000,000 | 49,915,000,000 | 80,298,000,000 | 60,722,000,000 | 38,115,000,000 | 36,089,000,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 593,906,000,000 | 605,420,000,000 | 501,604,000,000 | 583,035,000,000 | 564,276,000,000 | 577,958,000,000 | 765,991,000,000 | 759,778,000,000 | 744,754,000,000 | 772,632,000,000 | 770,560,000,000 | 897,854,000,000 | 917,982,000,000 | 932,990,000,000 | 535,626,000,000 |
total assets | 605,405,000,000 | 616,928,000,000 | 602,849,000,000 | 599,939,000,000 | 581,368,000,000 | 593,486,000,000 | 823,030,000,000 | 830,927,000,000 | 818,489,000,000 | 866,448,000,000 | 857,354,000,000 | 952,463,000,000 | 988,366,000,000 | 1,008,732,000,000 | 572,980,000,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 507,521,000,000 | 510,936,000,000 | 512,948,000,000 | 534,220,000,000 | 514,750,000,000 | 511,303,000,000 | 585,029,000,000 | 594,831,000,000 | 596,234,000,000 | 750,606,000,000 | 622,285,000,000 | 665,354,000,000 | 733,191,000,000 | 765,165,000,000 | 476,958,000,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 6,935,000,000 | 6,593,000,000 | 8,658,000,000 | 9,242,000,000 | 12,586,000,000 | 0 | 0 | 0 | 0 | 31,973,000,000 | 33,534,000,000 | 37,590,000,000 | 37,330,000,000 | 29,609,000,000 | 15,999,000,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 562,901,000,000 | 576,070,000,000 | 560,144,000,000 | 557,099,000,000 | 539,331,000,000 | 549,789,000,000 | 766,246,000,000 | 775,051,000,000 | 765,051,000,000 | 812,204,000,000 | 808,777,000,000 | 901,192,000,000 | 933,613,000,000 | 959,221,000,000 | 558,720,000,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 2,131,000,000 | 1,881,000,000 | 2,027,000,000 | 1,800,000,000 | 3,199,000,000 | 3,417,000,000 | 5,969,000,000 | 6,370,000,000 | 6,476,000,000 | 5,467,000,000 | 4,838,000,000 | 4,973,000,000 | 4,154,000,000 | 1,779,000,000 | 840,000,000 |
total liabilities | 565,032,000,000 | 577,951,000,000 | 562,171,000,000 | 558,899,000,000 | 542,530,000,000 | 553,206,000,000 | 772,215,000,000 | 781,421,000,000 | 771,527,000,000 | 817,671,000,000 | 813,615,000,000 | 906,165,000,000 | 937,767,000,000 | 961,000,000,000 | 559,560,000,000 |
net assets | 40,373,000,000 | 38,977,000,000 | 40,678,000,000 | 41,040,000,000 | 38,838,000,000 | 40,280,000,000 | 50,815,000,000 | 49,506,000,000 | 46,962,000,000 | 48,777,000,000 | 43,739,000,000 | 46,298,000,000 | 50,599,000,000 | 47,732,000,000 | 13,420,000,000 |
total shareholders funds | 40,373,000,000 | 38,977,000,000 | 40,678,000,000 | 41,040,000,000 | 38,838,000,000 | 40,280,000,000 | 50,815,000,000 | 49,506,000,000 | 46,962,000,000 | 48,777,000,000 | 43,739,000,000 | 46,298,000,000 | 50,599,000,000 | 47,732,000,000 | 13,420,000,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 0 | 0 | 0 | ||||||||||||
Depreciation | 0 | 0 | 1,823,000,000 | 2,017,000,000 | 2,040,000,000 | ||||||||||
Amortisation | |||||||||||||||
Tax | -1,849,000,000 | -1,300,000,000 | -583,000,000 | 137,000,000 | -1,241,000,000 | -1,423,000,000 | -1,602,000,000 | -947,000,000 | -694,000,000 | -422,000,000 | -1,260,000,000 | -721,000,000 | 736,000,000 | -818,000,000 | 1,605,000,000 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 965,000,000 | 72,145,000,000 | -27,031,000,000 | -45,978,000,000 | 12,309,000,000 | -35,956,000,000 | -2,044,000,000 | -109,226,000,000 | -43,997,000,000 | 5,770,000,000 | -79,143,000,000 | -62,185,000,000 | -39,534,000,000 | 382,188,000,000 | 492,152,000,000 |
Creditors | -3,415,000,000 | -2,012,000,000 | -21,272,000,000 | 19,470,000,000 | 3,447,000,000 | -73,726,000,000 | -9,802,000,000 | -1,403,000,000 | -154,372,000,000 | 128,321,000,000 | -43,069,000,000 | -67,837,000,000 | -31,974,000,000 | 288,207,000,000 | 476,958,000,000 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 342,000,000 | -2,065,000,000 | -584,000,000 | -3,344,000,000 | 12,586,000,000 | 0 | 0 | 0 | -31,973,000,000 | -1,561,000,000 | -4,056,000,000 | 260,000,000 | 7,721,000,000 | 13,610,000,000 | 15,999,000,000 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -14,096,000,000 | 17,726,000,000 | 4,391,000,000 | 11,008,000,000 | -1,333,000,000 | -18,308,000,000 | 11,069,000,000 | -10,965,000,000 | 7,925,000,000 | 577,000,000 | -30,383,000,000 | 19,576,000,000 | 22,607,000,000 | 2,026,000,000 | 36,089,000,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -14,096,000,000 | 17,726,000,000 | 4,391,000,000 | 11,008,000,000 | -1,333,000,000 | -18,308,000,000 | 11,069,000,000 | -10,965,000,000 | 7,925,000,000 | 577,000,000 | -30,383,000,000 | 19,576,000,000 | 22,607,000,000 | 2,026,000,000 | 36,089,000,000 |
lloyds bank plc Credit Report and Business Information
Lloyds Bank Plc Competitor Analysis
Perform a competitor analysis for lloyds bank plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2V area or any other competitors across 12 key performance metrics.
lloyds bank plc Ownership
LLOYDS BANK PLC group structure
Lloyds Bank Plc has 67 subsidiary companies.
Ultimate parent company
1 parent
LLOYDS BANK PLC
00002065
67 subsidiaries
lloyds bank plc directors
Lloyds Bank Plc currently has 15 directors. The longest serving directors include Sir David Manning (May 2008) and Mrs Amanda MacKenzie (Oct 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Sir David Manning | England | 74 years | May 2008 | - | Director |
Mrs Amanda MacKenzie | United Kingdom | 60 years | Oct 2018 | - | Director |
Mrs Sarah Bentley | United Kingdom | 53 years | Jan 2019 | - | Director |
Mr Nigel Hinshelwood | Finland | 58 years | Jan 2019 | - | Director |
Mr Brendan Gilligan | 68 years | Jan 2019 | - | Director | |
Mr William Chalmers | United Kingdom | 56 years | Aug 2019 | - | Director |
Ms Sarah Legg | United Kingdom | 57 years | Dec 2019 | - | Director |
Mrs Catherine Woods | United Kingdom | 62 years | Mar 2020 | - | Director |
Mr Robin Budenberg | United Kingdom | 65 years | Oct 2020 | - | Director |
Mr Robin Budenberg | United Kingdom | 65 years | Oct 2020 | - | Director |
P&L
December 2023turnover
31.1b
+46%
operating profit
4.4b
0%
gross margin
70.8%
-10.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
40.4b
+0.04%
total assets
605.4b
-0.02%
cash
57.9b
-0.2%
net assets
Total assets minus all liabilities
lloyds bank plc company details
company number
00002065
Type
Public limited with Share Capital
industry
64191 - Banks
incorporation date
April 1865
age
159
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
lloyds tsb bank plc (September 2013)
lloyds bank plc (June 1999)
accountant
-
auditor
DELOITTE LLP
address
25 gresham street, london, EC2V 7HN
Bank
-
Legal Advisor
-
lloyds bank plc Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 80 charges/mortgages relating to lloyds bank plc. Currently there are 62 open charges and 18 have been satisfied in the past.
lloyds bank plc Companies House Filings - See Documents
date | description | view/download |
---|