lloyds bank general insurance limited
lloyds bank general insurance limited Company Information
Company Number
00204373
Next Accounts
Sep 2025
Shareholders
lloyds bank general insurance holdings ltd
Group Structure
View All
Industry
Non-life insurance
Registered Address
25 gresham street, london, EC2V 7HN
Website
https://www.lloydsbank.com/lloyds bank general insurance limited Estimated Valuation
Pomanda estimates the enterprise value of LLOYDS BANK GENERAL INSURANCE LIMITED at £21.4m based on a Turnover of £23.6m and 0.91x industry multiple (adjusted for size and gross margin).
lloyds bank general insurance limited Estimated Valuation
Pomanda estimates the enterprise value of LLOYDS BANK GENERAL INSURANCE LIMITED at £0 based on an EBITDA of £-18.8m and a 10.01x industry multiple (adjusted for size and gross margin).
lloyds bank general insurance limited Estimated Valuation
Pomanda estimates the enterprise value of LLOYDS BANK GENERAL INSURANCE LIMITED at £573.9m based on Net Assets of £350.4m and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lloyds Bank General Insurance Limited Overview
Lloyds Bank General Insurance Limited is a live company located in london, EC2V 7HN with a Companies House number of 00204373. It operates in the non-life insurance sector, SIC Code 65120. Founded in March 1925, it's largest shareholder is lloyds bank general insurance holdings ltd with a 100% stake. Lloyds Bank General Insurance Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.6m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lloyds Bank General Insurance Limited Health Check
Pomanda's financial health check has awarded Lloyds Bank General Insurance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £23.6m, make it larger than the average company (£2.1m)
£23.6m - Lloyds Bank General Insurance Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -64%, show it is growing at a slower rate (8.6%)
-64% - Lloyds Bank General Insurance Limited
8.6% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Lloyds Bank General Insurance Limited
100% - Industry AVG
Profitability
an operating margin of -79.9% make it less profitable than the average company (17.5%)
-79.9% - Lloyds Bank General Insurance Limited
17.5% - Industry AVG
Employees
with 144 employees, this is above the industry average (26)
- Lloyds Bank General Insurance Limited
26 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Lloyds Bank General Insurance Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £163.6k, this is equally as efficient (£163.8k)
- Lloyds Bank General Insurance Limited
£163.8k - Industry AVG
Debtor Days
it gets paid by customers after 123 days, this is earlier than average (216 days)
123 days - Lloyds Bank General Insurance Limited
216 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lloyds Bank General Insurance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lloyds Bank General Insurance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (18 weeks)
34 weeks - Lloyds Bank General Insurance Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.1%, this is a lower level of debt than the average (81.4%)
51.1% - Lloyds Bank General Insurance Limited
81.4% - Industry AVG
LLOYDS BANK GENERAL INSURANCE LIMITED financials
Lloyds Bank General Insurance Limited's latest turnover from December 2023 is £23.6 million and the company has net assets of £350.4 million. According to their latest financial statements, we estimate that Lloyds Bank General Insurance Limited has 144 employees and maintains cash reserves of £240.1 million 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 | 23,559,000 | -53,240,000 | 525,117,000 | 526,249,000 | 535,505,000 | 498,761,000 | 525,493,000 | 595,752,000 | 557,351,000 | 489,601,000 | 535,147,000 | 565,467,000 | 571,827,000 | 664,642,000 | 676,133,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 29,019,000 | 33,299,000 | |||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -5,460,000 | -86,539,000 | 7,776,000 | 73,962,000 | 82,952,000 | 5,897,000 | 3,763,000 | 43,628,000 | 70,991,000 | 110,135,000 | 84,360,000 | 120,090,000 | 174,378,000 | 130,946,000 | 147,768,000 |
| Tax | 472,000 | 14,365,000 | -10,585,000 | -14,626,000 | -15,769,000 | -1,128,000 | -725,000 | -8,360,000 | -13,386,000 | -23,047,000 | 1,173,000 | -26,991,000 | -44,247,000 | -35,986,000 | -40,413,000 |
| Profit After Tax | -4,988,000 | -72,174,000 | -2,809,000 | 59,336,000 | 67,183,000 | 4,769,000 | 3,038,000 | 35,268,000 | 57,605,000 | 87,088,000 | 85,533,000 | 93,099,000 | 130,131,000 | 94,960,000 | 107,355,000 |
| Dividends Paid | 170,000,000 | 75,000,000 | 65,000,000 | 99,000,000 | 32,000,000 | 132,000,000 | 119,000,000 | 103,000,000 | |||||||
| Retained Profit | -4,988,000 | -72,174,000 | -2,809,000 | 59,336,000 | -102,817,000 | -70,231,000 | 3,038,000 | -29,732,000 | 57,605,000 | 87,088,000 | -13,467,000 | 61,099,000 | -1,869,000 | -24,040,000 | 4,355,000 |
| Employee Costs | 37,730,000 | 38,670,000 | 37,843,000 | 43,963,000 | 37,496,000 | ||||||||||
| Number Of Employees | 1,054 | 1,124 | 1,153 | 1,083 | |||||||||||
| EBITDA* |
* 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 | 20,270,000 | 24,643,000 | |||||||||||||
| Intangible Assets | 11,273,000 | 14,584,000 | 25,000,000 | 28,882,000 | 33,784,000 | 43,361,000 | 84,257,000 | 87,741,000 | 60,947,000 | 56,534,000 | 61,411,000 | 70,614,000 | 83,909,000 | 119,588,000 | |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 11,273,000 | 14,584,000 | 45,270,000 | 24,643,000 | 28,882,000 | 33,784,000 | 43,361,000 | 84,257,000 | 87,741,000 | 60,947,000 | 56,534,000 | 61,411,000 | 70,614,000 | 83,909,000 | 119,588,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 7,959,000 | 1,495,000 | 15,680,000 | 16,673,000 | 12,689,000 | 11,241,000 | 10,099,000 | 311,628,000 | 334,055,000 | 371,499,000 | 244,145,000 | 253,784,000 | 351,820,000 | 362,578,000 | 382,057,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 240,099,000 | 286,801,000 | 243,734,000 | 226,247,000 | 176,239,000 | 177,517,000 | 232,692,000 | 134,294,000 | 238,489,000 | 198,047,000 | 67,591,000 | 128,921,000 | 53,068,000 | 49,117,000 | 547,013,000 |
| misc current assets | 457,503,000 | 433,904,000 | 680,035,000 | 675,729,000 | 672,680,000 | 720,800,000 | 735,801,000 | 524,152,000 | 406,862,000 | 326,933,000 | 487,584,000 | 467,990,000 | 385,779,000 | 490,534,000 | 81,183,000 |
| total current assets | 705,561,000 | 737,205,000 | 939,449,000 | 918,649,000 | 861,608,000 | 909,558,000 | 978,592,000 | 970,074,000 | 979,406,000 | 896,479,000 | 799,320,000 | 850,695,000 | 790,667,000 | 902,229,000 | 1,010,253,000 |
| total assets | 716,834,000 | 751,789,000 | 984,719,000 | 943,292,000 | 890,490,000 | 943,342,000 | 1,021,953,000 | 1,054,331,000 | 1,067,147,000 | 957,426,000 | 855,854,000 | 912,106,000 | 861,281,000 | 986,138,000 | 1,129,841,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 358,533,000 | 357,644,000 | 506,060,000 | 484,525,000 | 453,067,000 | 444,461,000 | 408,340,000 | 418,055,000 | 455,495,000 | 377,374,000 | 406,128,000 | 425,895,000 | 452,584,000 | 565,791,000 | 609,842,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 366,467,000 | 359,645,000 | 612,902,000 | 587,610,000 | 590,739,000 | 550,865,000 | 558,203,000 | 587,004,000 | 566,570,000 | 519,456,000 | 523,939,000 | 564,200,000 | 599,014,000 | 723,393,000 | 841,592,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 6,789,000 | 9,286,000 | 15,342,000 | 18,747,000 | 12,388,000 | 13,430,000 | 20,045,000 | 23,563,000 | 18,561,000 | 24,594,000 | 27,118,000 | 2,578,000 | 1,187,000 | 2,651,000 | |
| total liabilities | 366,467,000 | 366,434,000 | 622,188,000 | 602,952,000 | 609,486,000 | 563,253,000 | 571,633,000 | 607,049,000 | 590,133,000 | 538,017,000 | 548,533,000 | 591,318,000 | 601,592,000 | 724,580,000 | 844,243,000 |
| net assets | 350,367,000 | 385,355,000 | 362,531,000 | 340,340,000 | 281,004,000 | 380,089,000 | 450,320,000 | 447,282,000 | 477,014,000 | 419,409,000 | 307,321,000 | 320,788,000 | 259,689,000 | 261,558,000 | 285,598,000 |
| total shareholders funds | 350,367,000 | 385,355,000 | 362,531,000 | 340,340,000 | 281,004,000 | 380,089,000 | 450,320,000 | 447,282,000 | 477,014,000 | 419,409,000 | 307,321,000 | 320,788,000 | 259,689,000 | 261,558,000 | 285,598,000 |
| 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 | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 472,000 | 14,365,000 | -10,585,000 | -14,626,000 | -15,769,000 | -1,128,000 | -725,000 | -8,360,000 | -13,386,000 | -23,047,000 | 1,173,000 | -26,991,000 | -44,247,000 | -35,986,000 | -40,413,000 |
| Stock | |||||||||||||||
| Debtors | 6,464,000 | -14,185,000 | -993,000 | 3,984,000 | 1,448,000 | 1,142,000 | -301,529,000 | -22,427,000 | -37,444,000 | 127,354,000 | -9,639,000 | -98,036,000 | -10,758,000 | -19,479,000 | 382,057,000 |
| Creditors | 889,000 | -148,416,000 | 21,535,000 | 31,458,000 | 8,606,000 | 36,121,000 | -9,715,000 | -37,440,000 | 78,121,000 | -28,754,000 | -19,767,000 | -26,689,000 | -113,207,000 | -44,051,000 | 609,842,000 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| 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 | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -46,702,000 | 43,067,000 | 17,487,000 | 50,008,000 | -1,278,000 | -55,175,000 | 98,398,000 | -104,195,000 | 40,442,000 | 130,456,000 | -61,330,000 | 75,853,000 | 3,951,000 | -497,896,000 | 547,013,000 |
| overdraft | |||||||||||||||
| change in cash | -46,702,000 | 43,067,000 | 17,487,000 | 50,008,000 | -1,278,000 | -55,175,000 | 98,398,000 | -104,195,000 | 40,442,000 | 130,456,000 | -61,330,000 | 75,853,000 | 3,951,000 | -497,896,000 | 547,013,000 |
lloyds bank general insurance limited Credit Report and Business Information
Lloyds Bank General Insurance Limited Competitor Analysis
Perform a competitor analysis for lloyds bank general insurance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2V area or any other competitors across 12 key performance metrics.
lloyds bank general insurance limited Ownership
LLOYDS BANK GENERAL INSURANCE LIMITED group structure
Lloyds Bank General Insurance Limited has no subsidiary companies.
Ultimate parent company
2 parents
LLOYDS BANK GENERAL INSURANCE LIMITED
00204373
lloyds bank general insurance limited directors
Lloyds Bank General Insurance Limited currently has 13 directors. The longest serving directors include Mr Christopher Moulder (Jun 2017) and Mrs Gayle Schumacher (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Moulder | United Kingdom | 67 years | Jun 2017 | - | Director |
| Mrs Gayle Schumacher | United Kingdom | 65 years | Jul 2019 | - | Director |
| Mr William Chalmers | United Kingdom | 56 years | Aug 2019 | - | Director |
| Mr James Hillman | Scotland | 55 years | Dec 2019 | - | Director |
| Mrs Deborah Davis | United Kingdom | 62 years | Mar 2022 | - | Director |
| Mr Jonathan Wheway | 58 years | Aug 2022 | - | Director | |
| Mr Jonathan Wheway | 58 years | Aug 2022 | - | Director | |
| Mr Chirantan Barua | United Kingdom | 51 years | May 2023 | - | Director |
| Mrs Joanna Harris | England | 51 years | Sep 2023 | - | Director |
| Mr Matthew Cuhls | United Kingdom | 50 years | Jan 2024 | - | Director |
P&L
December 2023turnover
23.6m
-144%
operating profit
-18.8m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
350.4m
-0.09%
total assets
716.8m
-0.05%
cash
240.1m
-0.16%
net assets
Total assets minus all liabilities
lloyds bank general insurance limited company details
company number
00204373
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
March 1925
age
100
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
lloyds tsb general insurance limited (September 2013)
tsb general insurance limited (January 1998)
accountant
-
auditor
DELOITTE LLP
address
25 gresham street, london, EC2V 7HN
Bank
TRUSTEE SAVINGS BANK
Legal Advisor
-
lloyds bank general insurance 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 did not find charges/mortgages relating to lloyds bank general insurance limited.
lloyds bank general insurance 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 LLOYDS BANK GENERAL INSURANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
lloyds bank general insurance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
