london steam ship owners' mutual insurance association limitedEstimated Valuation
£116.3m
Pomanda estimates the enterprise value of LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED at £116.3m based on a Turnover of £90.4m and 1.29x industry multiple (adjusted for size and gross margin).
london steam ship owners' mutual insurance association limitedEstimated Valuation
£483.3m
Pomanda estimates the enterprise value of LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED at £483.3m based on an EBITDA of £34.1m and a 14.18x industry multiple (adjusted for size and gross margin).
london steam ship owners' mutual insurance association limitedEstimated Valuation
£189.5m
Pomanda estimates the enterprise value of LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED at £189.5m based on Net Assets of £115.7m and 1.64x industry multiple (adjusted for liquidity).
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London Steam Ship Owners' Mutual Insurance Association LimitedOverview
London Steam Ship Owners' Mutual Insurance Association Limited is a live company located in london, E1 8HQ with a Companies House number of 00010341. It operates in the non-life insurance sector, SIC Code 65120. Founded in February 1876, it's largest shareholder is
unknown.
London Steam Ship Owners' Mutual Insurance Association Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£90.4m with
low
growth in recent years.
London Steam Ship Owners' Mutual Insurance Association Limited Health Check
Pomanda's financial health check has awarded London Steam Ship Owners' Mutual Insurance Association Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
2 Weak
Size
annual sales of £90.4m, make it larger than the average company (£2.3m)
£90.4m - London Steam Ship Owners' Mutual Insurance Association Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.2%)
4% - London Steam Ship Owners' Mutual Insurance Association Limited
10.2% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - London Steam Ship Owners' Mutual Insurance Association Limited
100% - Industry AVG
Profitability
an operating margin of 37.7% make it more profitable than the average company (18.7%)
37.7% - London Steam Ship Owners' Mutual Insurance Association Limited
18.7% - Industry AVG
Employees
with 558 employees, this is above the industry average (25)
558 - London Steam Ship Owners' Mutual Insurance Association Limited
25 - Industry AVG
Pay Structure
on an average salary of £63k, the company has an equivalent pay structure (£63k)
£63k - London Steam Ship Owners' Mutual Insurance Association Limited
£63k - Industry AVG
Efficiency
resulting in sales per employee of £162k, this is equally as efficient (£162.2k)
£162k - London Steam Ship Owners' Mutual Insurance Association Limited
£162.2k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is earlier than average (206 days)
59 days - London Steam Ship Owners' Mutual Insurance Association Limited
206 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - London Steam Ship Owners' Mutual Insurance Association Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - London Steam Ship Owners' Mutual Insurance Association Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (18 weeks)
5 weeks - London Steam Ship Owners' Mutual Insurance Association Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.7%, this is a similar level of debt than the average (78.2%)
77.7% - London Steam Ship Owners' Mutual Insurance Association Limited
78.2% - Industry AVG
LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED financials
EXPORT
London Steam Ship Owners' Mutual Insurance Association Limited's latest turnover from February 2024 is £90.4 million and the company has net assets of £115.7 million. According to their latest financial statements, we estimate that London Steam Ship Owners' Mutual Insurance Association Limited has 558 employees and maintains cash reserves of £44.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
90,387,585
85,922,637
153,454,992
81,215,371
71,429,721
63,705,249
64,388,062
62,295,699
66,299,021
64,220,217
16,813,405
15,343,315
16,552,998
15,989,939
15,719,546
Other Income Or Grants
Cost Of Sales
47,568
1,493
42,235
766,460
6,202,846
11,037,297
3,425,389
3,815,745
3,877,107
4,686,578
5,784,900
Gross Profit
90,387,585
85,922,637
153,407,424
81,213,878
71,429,721
63,705,249
64,345,827
61,529,239
60,096,175
53,182,920
13,388,016
11,527,570
12,675,891
11,303,362
9,934,646
Admin Expenses
56,289,543
127,416,212
143,522,615
97,770,104
67,046,278
83,458,778
57,961,951
35,862,209
57,037,707
55,606,335
13,974,476
15,080,362
15,474,789
9,044,691
11,514,723
Operating Profit
34,098,042
-41,493,575
9,884,809
-16,556,226
4,383,443
-19,753,529
6,383,876
25,667,030
3,058,468
-2,423,415
-586,460
-3,552,792
-2,798,898
2,258,671
-1,580,077
Interest Payable
Interest Receivable
3,278,940
2,521,216
311,543
47,980
174,184
185,112
95,847
40,020
63,924
34,892
39,235
43,788
12,142
5,686
3,691
Pre-Tax Profit
28,702,131
-38,566,245
8,297,839
-16,410,756
3,961,533
-19,340,109
5,426,694
20,755,442
2,607,146
-2,358,205
-540,177
-3,503,067
-2,781,479
1,600,026
-1,485,272
Tax
-669,395
-406,115
-38,793
-97,490
-269,855
-228,307
-178,119
-189,802
-109,232
-30,319
-7,049
-5,936
-5,277
30,311
-91,113
Profit After Tax
28,032,736
-38,972,359
8,259,045
-16,508,246
3,691,678
-19,568,416
5,248,575
20,565,640
2,497,914
-2,388,523
-547,225
-3,509,003
-2,786,755
1,630,337
-1,576,385
Dividends Paid
Retained Profit
28,032,736
-38,972,359
8,259,045
-16,508,246
3,691,678
-19,568,416
5,248,575
20,565,640
2,497,914
-2,388,523
-547,225
-3,509,003
-2,786,755
1,630,337
-1,576,385
Employee Costs
35,155,426
34,092,333
62,848,365
32,029,017
27,276,509
23,551,908
25,887,099
24,990,310
24,697,580
23,354,088
6,240,385
5,434,687
6,487,027
5,809,085
5,677,172
Number Of Employees
558
594
1,051
595
513
432
478
476
504
468
127
115
138
124
115
EBITDA*
34,098,042
-41,493,575
9,884,809
-16,556,226
4,383,443
-19,753,529
6,383,876
25,667,030
7,088,659
18,146,724
-586,460
-3,552,792
-2,798,898
2,258,671
-1,580,077
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
453,102,996
431,053,119
524,899,850
353,313,835
367,778,997
358,833,434
385,811,431
277,882,052
278,338,770
270,040,671
35,184,544
29,059,429
32,377,152
40,642,332
46,840,989
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
453,102,996
431,053,119
524,899,850
353,313,835
367,778,997
358,833,434
385,811,431
277,882,052
278,338,770
270,040,671
35,184,544
29,059,429
32,377,152
40,642,332
46,840,989
Stock & work in progress
Trade Debtors
14,751,390
13,944,565
31,383,897
3,596,053
2,604,050
3,051,910
6,695,473
4,679,231
Group Debtors
Misc Debtors
Cash
44,768,376
80,143,607
45,917,188
78,700,138
17,259,032
29,189,927
20,173,369
18,165,248
13,850,413
11,719,293
2,237,601
13,456,236
4,059,099
797,756
1,476,535
misc current assets
7,014,361
6,161,983
27,325,627
3,958,079
466,487
1,654,244
3,613,878
1,219,528
891,787
total current assets
66,534,126
105,060,994
115,834,059
102,070,842
17,259,032
29,189,927
20,173,369
100,152,143
105,093,681
112,547,512
7,525,952
20,492,052
12,502,473
10,119,309
12,010,110
total assets
519,637,122
536,114,114
640,733,909
455,384,678
385,038,028
388,023,362
405,984,801
378,034,194
383,432,451
382,588,183
42,710,496
49,551,481
44,879,625
50,761,641
58,851,098
Bank overdraft
Bank loan
Trade Creditors
378,140,828
419,214,021
480,501,148
244,881,527
247,390,777
236,022,799
225,101,303
251,867,557
256,594,691
2,823,273
9,025,130
867,357
4,645,944
16,311,158
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
403,953,057
448,462,786
510,892,249
330,621,496
257,868,948
259,956,766
251,898,353
236,426,904
261,527,725
266,183,539
13,617,839
21,813,865
16,379,526
7,550,626
20,432,476
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
20,686,275
27,737,616
28,500,099
28,043,983
25,319,521
total liabilities
403,953,057
448,462,786
510,892,249
330,621,496
257,868,948
259,956,766
251,898,353
236,426,904
261,527,725
266,183,539
34,304,114
49,551,481
44,879,625
35,594,609
45,751,997
net assets
115,684,064
87,651,328
129,841,659
124,763,181
127,169,080
128,066,596
154,086,447
141,607,291
121,904,726
116,404,644
8,406,382
15,167,032
13,099,101
total shareholders funds
115,684,064
87,651,328
129,841,659
124,763,181
127,169,080
128,066,596
154,086,447
141,607,291
121,904,726
116,404,644
8,406,382
15,167,032
13,099,101
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
34,098,042
-41,493,575
9,884,809
-16,556,226
4,383,443
-19,753,529
6,383,876
25,667,030
3,058,468
-2,423,415
-586,460
-3,552,792
-2,798,898
2,258,671
-1,580,077
Depreciation
4,030,190
20,570,140
Amortisation
Tax
-669,395
-406,115
-38,793
-97,490
-269,855
-228,307
-178,119
-189,802
-109,232
-30,319
-7,049
-5,936
-5,277
30,311
-91,113
Stock
Debtors
806,825
-17,439,332
31,383,897
-3,596,053
992,003
-447,860
-3,643,563
2,016,242
4,679,231
Creditors
-41,073,193
-61,287,127
480,501,148
-244,881,527
-2,509,250
11,367,977
10,921,496
-26,766,254
-4,727,134
253,771,417
-6,201,857
8,157,773
-3,778,586
-11,665,215
16,311,158
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-8,451,371
-85,747,485
458,963,267
-261,535,243
1,604,338
-8,613,859
17,127,253
-1,289,026
2,252,292
275,483,876
-7,787,369
5,046,905
-2,939,198
-11,392,475
9,960,737
Investing Activities
capital expenditure
-22,049,876
93,846,730
-171,586,014
14,465,161
-8,945,562
26,977,997
-107,929,380
456,718
-12,328,289
-255,426,267
-6,125,116
3,317,723
8,265,180
6,198,657
-46,840,989
Change in Investments
cash flow from investments
-22,049,876
93,846,730
-171,586,014
14,465,161
-8,945,562
26,977,997
-107,929,380
456,718
-12,328,289
-255,426,267
-6,125,116
3,317,723
8,265,180
6,198,657
-46,840,989
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-3,217,972
-3,180,567
14,102,347
-4,589,194
-6,451,435
7,230,581
-863,075
3,002,168
110,386,785
8,953,607
3,509,003
-12,380,277
437,594
14,675,486
interest
3,278,940
2,521,216
311,543
47,980
174,184
185,112
95,847
40,020
63,924
34,892
39,235
43,788
12,142
5,686
3,691
cash flow from financing
3,278,940
-696,756
-2,869,024
14,150,327
-4,415,010
-6,266,323
7,326,428
-823,055
3,066,092
110,421,677
8,992,842
3,552,791
-12,368,135
443,280
14,679,177
cash and cash equivalents
cash
-35,375,232
34,226,419
-32,782,950
61,441,106
-11,930,895
9,016,558
2,008,121
4,314,835
2,131,120
9,481,692
-11,218,635
9,397,137
3,261,343
-678,779
1,476,535
overdraft
change in cash
-35,375,232
34,226,419
-32,782,950
61,441,106
-11,930,895
9,016,558
2,008,121
4,314,835
2,131,120
9,481,692
-11,218,635
9,397,137
3,261,343
-678,779
1,476,535
london steam ship owners' mutual insurance association limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for london steam ship owners' mutual insurance association limited. Get real-time insights into london steam ship owners' mutual insurance association limited's credit score, group structure and payment trends.
London Steam Ship Owners' Mutual Insurance Association Limited Competitor Analysis
Perform a competitor analysis for london steam ship owners' mutual insurance association limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E 1 area or any other competitors across 12 key performance metrics.
london steam ship owners' mutual insurance association limited Ownership
LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED group structure
London Steam Ship Owners' Mutual Insurance Association Limited has no subsidiary companies.
Ultimate parent company
LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED
00010341
LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED Shareholders
The sole shareholder of London Steam Ship Owners' Mutual Insurance Association Limited is -.
-
-
london steam ship owners' mutual insurance association limited directors
London Steam Ship Owners' Mutual Insurance Association Limited currently has 12 directors.
The longest serving directors include
Mr John Lyras (Nov 1991) and
Mr Robert Ho (Apr 1994).
london steam ship owners' mutual insurance association limited company details
company number
00010341
Type
Private Ltd By Guarantee w/o Share Cap
industry
65120 - Non-life insurance
incorporation date
February 1876
age
149
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
50 leman street, london, E1 8HQ
Bank
-
Legal Advisor
-
london steam ship owners' mutual insurance association limited 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 6 charges/mortgages relating to london steam ship owners' mutual insurance association limited. Currently there are 6 open charges and 0 have been satisfied in the past.
london steam ship owners' mutual insurance association limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for LONDON STEAM SHIP OWNERS' MUTUAL INSURANCE ASSOCIATION LIMITED. This can take several minutes, an email will notify you when this has completed.
london steam ship owners' mutual insurance association limitedCompanies House Filings - See Documents
