threadneedle portfolio services limited
threadneedle portfolio services limited Company Information
Company Number
00285988
Website
www.columbiathreadneedle.comRegistered Address
cannon place 78 cannon street, london, EC4N 6AG
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02074645000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
threadneedle asset management holdings ltd 100%
threadneedle portfolio services limited Estimated Valuation
Pomanda estimates the enterprise value of THREADNEEDLE PORTFOLIO SERVICES LIMITED at £60.6m based on a Turnover of £27m and 2.25x industry multiple (adjusted for size and gross margin).
threadneedle portfolio services limited Estimated Valuation
Pomanda estimates the enterprise value of THREADNEEDLE PORTFOLIO SERVICES LIMITED at £81.3m based on an EBITDA of £9m and a 9.04x industry multiple (adjusted for size and gross margin).
threadneedle portfolio services limited Estimated Valuation
Pomanda estimates the enterprise value of THREADNEEDLE PORTFOLIO SERVICES LIMITED at £32m based on Net Assets of £16m and 2.01x industry multiple (adjusted for liquidity).
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Threadneedle Portfolio Services Limited Overview
Threadneedle Portfolio Services Limited is a live company located in london, EC4N 6AG with a Companies House number of 00285988. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 1934, it's largest shareholder is threadneedle asset management holdings ltd with a 100% stake. Threadneedle Portfolio Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £27m with declining growth in recent years.
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Threadneedle Portfolio Services Limited Health Check
Pomanda's financial health check has awarded Threadneedle Portfolio Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £27m, make it larger than the average company (£5.5m)
£27m - Threadneedle Portfolio Services Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.9%)
-5% - Threadneedle Portfolio Services Limited
4.9% - Industry AVG
Production
with a gross margin of 58.7%, this company has a comparable cost of product (58.7%)
58.7% - Threadneedle Portfolio Services Limited
58.7% - Industry AVG
Profitability
an operating margin of 33.4% make it more profitable than the average company (9.1%)
33.4% - Threadneedle Portfolio Services Limited
9.1% - Industry AVG
Employees
with 43 employees, this is above the industry average (16)
43 - Threadneedle Portfolio Services Limited
16 - Industry AVG
Pay Structure
on an average salary of £274.9k, the company has a higher pay structure (£84.1k)
£274.9k - Threadneedle Portfolio Services Limited
£84.1k - Industry AVG
Efficiency
resulting in sales per employee of £627.1k, this is more efficient (£234.5k)
£627.1k - Threadneedle Portfolio Services Limited
£234.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (30 days)
19 days - Threadneedle Portfolio Services Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Threadneedle Portfolio Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Threadneedle Portfolio Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (36 weeks)
8 weeks - Threadneedle Portfolio Services Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.1%, this is a lower level of debt than the average (58.5%)
38.1% - Threadneedle Portfolio Services Limited
58.5% - Industry AVG
THREADNEEDLE PORTFOLIO SERVICES LIMITED financials
Threadneedle Portfolio Services Limited's latest turnover from December 2023 is £27 million and the company has net assets of £16 million. According to their latest financial statements, Threadneedle Portfolio Services Limited has 43 employees and maintains cash reserves of £1.5 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 | 26,965,000 | 32,030,000 | 31,956,000 | 31,714,000 | 31,171,000 | 36,394,000 | 34,414,000 | 33,988,000 | 30,907,000 | 26,787,000 | 24,091,000 | 26,140,000 | 24,973,000 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 8,995,000 | 16,369,000 | 16,564,000 | 17,311,000 | 16,687,000 | 22,074,000 | 18,138,000 | 17,492,000 | 9,657,000 | 2,869,000 | 5,711,000 | 5,615,000 | 4,180,000 | ||
| Interest Payable | 131,000 | 64,000 | 63,000 | 19,000 | 21,000 | 18,000 | 30,000 | 64,000 | 74,000 | 35,000 | 75,000 | 68,000 | 24,000 | ||
| Interest Receivable | 1,101,000 | 624,000 | 309,000 | 455,000 | 490,000 | 505,000 | 141,000 | 138,000 | 106,000 | 129,000 | 92,000 | 57,000 | 118,000 | ||
| Pre-Tax Profit | 9,990,000 | 16,929,000 | 16,825,000 | 17,747,000 | 18,221,000 | 22,565,000 | 18,256,000 | 17,948,000 | 9,689,000 | 2,963,000 | 5,728,000 | 5,604,000 | 4,458,000 | ||
| Tax | -2,313,000 | -3,417,000 | -2,840,000 | -2,843,000 | -2,674,000 | -4,358,000 | -4,146,000 | -3,620,000 | -1,956,000 | -1,016,000 | -1,674,000 | -1,681,000 | -1,291,000 | ||
| Profit After Tax | 7,677,000 | 13,512,000 | 13,985,000 | 14,904,000 | 15,547,000 | 18,207,000 | 14,110,000 | 14,328,000 | 7,733,000 | 1,947,000 | 4,054,000 | 3,923,000 | 3,167,000 | ||
| Dividends Paid | 32,376,000 | 0 | 31,310,000 | 0 | 17,170,000 | 33,842,000 | 0 | 0 | 0 | 10,000,000 | 0 | 0 | 13,000,000 | ||
| Retained Profit | -24,699,000 | 13,512,000 | -17,325,000 | 14,904,000 | -1,623,000 | -15,635,000 | 14,110,000 | 14,328,000 | 7,733,000 | -8,053,000 | 4,054,000 | 3,923,000 | -9,833,000 | ||
| Employee Costs | 11,822,000 | 10,931,000 | 10,831,000 | 9,963,000 | 11,032,000 | 10,741,000 | 12,261,000 | 12,446,000 | 11,713,000 | 10,691,000 | 4,936,000 | 5,484,000 | 4,821,000 | ||
| Number Of Employees | 43 | 43 | 41 | 41 | 43 | 41 | 42 | 41 | 40 | 40 | 29 | 30 | 34 | ||
| EBITDA* | 8,995,000 | 16,369,000 | 16,564,000 | 17,311,000 | 16,687,000 | 22,074,000 | 18,138,000 | 17,492,000 | 9,657,000 | 2,869,000 | 5,711,000 | 5,615,000 | 4,186,000 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 566,000 | 566,000 | 566,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 566,000 | 566,000 | 566,000 | 566,000 | 566,000 | 0 | 0 | 566,000 | 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 | 0 | 0 | 0 | 0 | 0 | 566,000 | 566,000 | 566,000 | 566,000 | 566,000 | 0 | 0 | 566,000 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,435,000 | 4,666,000 | 2,330,000 | 2,372,000 | 3,082,000 | 2,990,000 | 2,761,000 | 3,489,000 | 3,298,000 | 3,309,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 15,264,000 | 38,011,000 | 7,457,000 | 28,614,000 | 14,533,000 | 13,215,000 | 5,686,000 | 13,793,000 | 2,590,000 | 6,373,000 | 0 | 0 | 4,338,000 | 4,947,000 | 402,000 |
| Misc Debtors | 1,730,000 | 936,000 | 2,895,000 | 1,553,000 | 2,549,000 | 407,000 | 123,000 | 1,027,000 | 1,597,000 | 2,013,000 | 0 | 0 | 376,000 | 499,000 | 873,000 |
| Cash | 1,455,000 | 2,945,000 | 5,416,000 | 9,634,000 | 2,242,000 | 1,906,000 | 22,308,000 | 43,412,000 | 24,016,000 | 31,561,000 | 0 | 0 | 22,700,000 | 13,816,000 | 13,776,000 |
| misc current assets | 5,906,000 | 4,778,000 | 22,827,000 | 13,027,000 | 24,089,000 | 37,883,000 | 39,164,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,790,000 | 51,336,000 | 40,925,000 | 55,200,000 | 46,495,000 | 56,401,000 | 70,042,000 | 61,721,000 | 31,501,000 | 43,256,000 | 0 | 0 | 27,414,000 | 19,262,000 | 15,051,000 |
| total assets | 25,790,000 | 51,336,000 | 40,925,000 | 55,200,000 | 46,495,000 | 56,967,000 | 70,608,000 | 62,287,000 | 32,067,000 | 43,822,000 | 0 | 0 | 27,980,000 | 19,262,000 | 15,051,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 560,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 71,000 | 1,067,000 | 1,259,000 | 57,000 | 1,000 | 14,195,000 | 0 | 0 | 0 | 31,388,000 | 0 | 0 | 10,532,000 | 6,906,000 | 8,155,000 |
| other short term finances | 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 |
| other current liabilities | 9,020,000 | 9,233,000 | 12,423,000 | 11,428,000 | 17,572,000 | 14,090,000 | 26,221,000 | 32,658,000 | 17,035,000 | 5,807,000 | 0 | 0 | 2,584,000 | 1,508,000 | 421,000 |
| total current liabilities | 9,091,000 | 10,300,000 | 13,682,000 | 11,485,000 | 17,573,000 | 28,285,000 | 26,221,000 | 32,658,000 | 17,035,000 | 37,195,000 | 0 | 0 | 13,676,000 | 8,414,000 | 8,576,000 |
| 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 | 733,000 | 594,000 | 0 | 333,000 | 38,000 | 628,000 | 958,000 | 671,000 | 491,000 | 0 | 0 | 0 | 0 | 654,000 | 204,000 |
| 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 | 72,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 733,000 | 594,000 | 0 | 333,000 | 38,000 | 628,000 | 958,000 | 671,000 | 491,000 | 72,000 | 0 | 0 | 0 | 654,000 | 204,000 |
| total liabilities | 9,824,000 | 10,894,000 | 13,682,000 | 11,818,000 | 17,611,000 | 28,913,000 | 27,179,000 | 33,329,000 | 17,526,000 | 37,267,000 | 0 | 0 | 13,676,000 | 9,068,000 | 8,780,000 |
| net assets | 15,966,000 | 40,442,000 | 27,243,000 | 43,382,000 | 28,884,000 | 28,054,000 | 43,429,000 | 28,958,000 | 14,541,000 | 6,555,000 | 0 | 0 | 14,304,000 | 10,194,000 | 6,271,000 |
| total shareholders funds | 15,966,000 | 40,442,000 | 27,243,000 | 43,382,000 | 28,884,000 | 28,054,000 | 43,429,000 | 28,958,000 | 14,541,000 | 6,555,000 | 0 | 0 | 14,304,000 | 10,194,000 | 6,271,000 |
| 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 | 8,995,000 | 16,369,000 | 16,564,000 | 17,311,000 | 16,687,000 | 22,074,000 | 18,138,000 | 17,492,000 | 9,657,000 | 2,869,000 | 5,711,000 | 5,615,000 | 4,180,000 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -2,313,000 | -3,417,000 | -2,840,000 | -2,843,000 | -2,674,000 | -4,358,000 | -4,146,000 | -3,620,000 | -1,956,000 | -1,016,000 | -1,674,000 | -1,681,000 | -1,291,000 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -25,184,000 | 30,931,000 | -19,857,000 | 12,375,000 | 3,552,000 | 8,042,000 | -9,739,000 | 10,824,000 | -4,210,000 | 11,695,000 | 0 | -4,714,000 | -732,000 | 4,171,000 | 1,275,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -74,000 | -2,596,000 | 662,000 | -5,849,000 | 2,892,000 | -12,461,000 | -6,150,000 | 15,803,000 | 11,719,000 | 5,807,000 | 0 | -2,584,000 | 422,000 | 1,537,000 | 625,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72,000 | 72,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 31,792,000 | -20,575,000 | 34,243,000 | -3,756,000 | 13,353,000 | -2,787,000 | 17,581,000 | 18,851,000 | 23,558,000 | -3,963,000 | 5,191,000 | 1,300,000 | 2,245,000 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -566,000 | 0 | 0 | 0 | 0 | 566,000 | 0 | -566,000 | 566,000 | 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 | -996,000 | -192,000 | 1,202,000 | 56,000 | -14,194,000 | 14,195,000 | 0 | 0 | -31,388,000 | 31,388,000 | 0 | -10,532,000 | 3,626,000 | -1,249,000 | 8,155,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 970,000 | 560,000 | 246,000 | 436,000 | 469,000 | 487,000 | 111,000 | 74,000 | 32,000 | 94,000 | 17,000 | -11,000 | 94,000 | ||
| cash flow from financing | 197,000 | 55,000 | 2,634,000 | 86,000 | -11,272,000 | 14,942,000 | 472,000 | 163,000 | -31,103,000 | 46,090,000 | 3,699,000 | -1,260,000 | 24,353,000 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -1,490,000 | -2,471,000 | -4,218,000 | 7,392,000 | 336,000 | -20,402,000 | -21,104,000 | 19,396,000 | -7,545,000 | 31,561,000 | 0 | -22,700,000 | 8,884,000 | 40,000 | 13,776,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -560,000 | 560,000 | 0 | 0 |
| change in cash | -1,490,000 | -2,471,000 | -4,218,000 | 7,392,000 | 336,000 | -20,402,000 | -21,104,000 | 19,396,000 | -7,545,000 | 31,561,000 | 0 | -22,140,000 | 8,324,000 | 40,000 | 13,776,000 |
threadneedle portfolio services limited Credit Report and Business Information
Threadneedle Portfolio Services Limited Competitor Analysis
Perform a competitor analysis for threadneedle portfolio services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4N area or any other competitors across 12 key performance metrics.
threadneedle portfolio services limited Ownership
THREADNEEDLE PORTFOLIO SERVICES LIMITED group structure
Threadneedle Portfolio Services Limited has no subsidiary companies.
Ultimate parent company
AMERIPRISE FINANCIAL INC
#0025185
2 parents
THREADNEEDLE PORTFOLIO SERVICES LIMITED
00285988
threadneedle portfolio services limited directors
Threadneedle Portfolio Services Limited currently has 5 directors. The longest serving directors include Mr James Rigg (Aug 2013) and Mr Peter Stone (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Rigg | England | 55 years | Aug 2013 | - | Director |
| Mr Peter Stone | England | 59 years | Sep 2018 | - | Director |
| Mr Giuseppe Vullo | United Kingdom | 51 years | Feb 2021 | - | Director |
| Mr Gerard Frewin | 50 years | Jun 2021 | - | Director | |
| Mr Gerard Frewin | 50 years | Jun 2021 | - | Director |
P&L
December 2023turnover
27m
-16%
operating profit
9m
-45%
gross margin
58.8%
-5.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
16m
-0.61%
total assets
25.8m
-0.5%
cash
1.5m
-0.51%
net assets
Total assets minus all liabilities
threadneedle portfolio services limited company details
company number
00285988
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 1934
age
90
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
allied dunbar unit trusts public limited company (August 1997)
allied hambro limited (October 1983)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
cannon place 78 cannon street, london, EC4N 6AG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
threadneedle portfolio services 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 7 charges/mortgages relating to threadneedle portfolio services limited. Currently there are 0 open charges and 7 have been satisfied in the past.
threadneedle portfolio services limited Companies House Filings - See Documents
| date | description | view/download |
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