deutsche trustee company limited
deutsche trustee company limited Company Information
Company Number
00338230
Next Accounts
Sep 2025
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Shareholders
db uk bank ltd
Group Structure
View All
Contact
Registered Address
21 moorfields, london, EC2Y 9DB
Website
broadcontinentalbank.comdeutsche trustee company limited Estimated Valuation
Pomanda estimates the enterprise value of DEUTSCHE TRUSTEE COMPANY LIMITED at £7.6m based on a Turnover of £6.1m and 1.25x industry multiple (adjusted for size and gross margin).
deutsche trustee company limited Estimated Valuation
Pomanda estimates the enterprise value of DEUTSCHE TRUSTEE COMPANY LIMITED at £11.3m based on an EBITDA of £1.9m and a 6.05x industry multiple (adjusted for size and gross margin).
deutsche trustee company limited Estimated Valuation
Pomanda estimates the enterprise value of DEUTSCHE TRUSTEE COMPANY LIMITED at £39.5m based on Net Assets of £16.1m and 2.45x industry multiple (adjusted for liquidity).
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Deutsche Trustee Company Limited Overview
Deutsche Trustee Company Limited is a live company located in london, EC2Y 9DB with a Companies House number of 00338230. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in March 1938, it's largest shareholder is db uk bank ltd with a 100% stake. Deutsche Trustee Company Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.1m with declining growth in recent years.
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Deutsche Trustee Company Limited Health Check
Pomanda's financial health check has awarded Deutsche Trustee Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
3 Weak
Size
annual sales of £6.1m, make it larger than the average company (£4.1m)
£6.1m - Deutsche Trustee Company Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (9%)
-8% - Deutsche Trustee Company Limited
9% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (69.2%)
100% - Deutsche Trustee Company Limited
69.2% - Industry AVG
Profitability
an operating margin of 30.8% make it more profitable than the average company (8.9%)
30.8% - Deutsche Trustee Company Limited
8.9% - Industry AVG
Employees
with 52 employees, this is above the industry average (9)
52 - Deutsche Trustee Company Limited
9 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has a lower pay structure (£73.9k)
£19.5k - Deutsche Trustee Company Limited
£73.9k - Industry AVG
Efficiency
resulting in sales per employee of £116.5k, this is less efficient (£190.3k)
£116.5k - Deutsche Trustee Company Limited
£190.3k - Industry AVG
Debtor Days
it gets paid by customers after 222 days, this is later than average (34 days)
222 days - Deutsche Trustee Company Limited
34 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Deutsche Trustee Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Deutsche Trustee Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 91 weeks, this is more cash available to meet short term requirements (29 weeks)
91 weeks - Deutsche Trustee Company Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a lower level of debt than the average (73.9%)
56.4% - Deutsche Trustee Company Limited
73.9% - Industry AVG
DEUTSCHE TRUSTEE COMPANY LIMITED financials
Deutsche Trustee Company Limited's latest turnover from December 2023 is £6.1 million and the company has net assets of £16.1 million. According to their latest financial statements, Deutsche Trustee Company Limited has 52 employees and maintains cash reserves of £22.3 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 | 6,057,000 | 5,958,000 | 6,755,000 | 7,655,000 | 8,026,000 | 8,743,000 | 9,840,000 | 8,960,000 | 9,515,000 | 10,402,492 | 10,599,951 | 10,417,087 | 9,827,225 | 9,960,438 | 9,697,946 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 6,057,000 | 5,958,000 | 6,755,000 | 7,655,000 | 8,026,000 | 8,743,000 | 9,840,000 | 8,960,000 | 9,515,000 | 10,402,492 | 10,599,951 | 10,417,087 | 9,827,225 | 9,960,438 | 9,697,946 |
| Admin Expenses | 2,765,874 | 4,705,416 | 4,190,944 | 3,774,879 | 4,752,481 | 3,635,991 | |||||||||
| Operating Profit | 7,636,618 | 5,894,535 | 6,226,143 | 6,052,346 | 5,207,957 | 6,061,955 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 14,000 | 6,000 | 0 | 1,000 | 108 | 536 | 773 | 794 | 767 | 1,238 |
| Interest Receivable | 712,000 | 196,000 | 28,000 | 57,000 | 190,000 | 139,000 | 77,000 | 71,000 | 63,000 | 52,313 | 44,999 | 54,244 | 135,322 | 64,342 | 114,326 |
| Pre-Tax Profit | 2,796,000 | -1,324,000 | 3,018,000 | 3,658,000 | 4,286,000 | 6,457,000 | 7,072,000 | 4,237,000 | 6,090,000 | 7,656,219 | 5,938,780 | 6,275,090 | 6,585,113 | 5,157,896 | 6,136,568 |
| Tax | -657,000 | 255,000 | -574,000 | -695,000 | -814,000 | -1,212,000 | -1,365,000 | -845,000 | -1,240,000 | -1,643,283 | -1,381,982 | -1,541,113 | -1,748,314 | -1,445,147 | -1,718,239 |
| Profit After Tax | 2,139,000 | -1,069,000 | 2,444,000 | 2,963,000 | 3,472,000 | 5,245,000 | 5,707,000 | 3,392,000 | 4,850,000 | 6,012,936 | 4,556,798 | 4,733,977 | 4,836,799 | 3,712,749 | 4,418,329 |
| Dividends Paid | 0 | 2,444,000 | 2,799,000 | 3,635,000 | 5,245,000 | 8,479,000 | 4,850,000 | 0 | 6,013,000 | 4,556,480 | 4,836,799 | 0 | 0 | 0 | 22,364,989 |
| Retained Profit | 2,139,000 | -3,513,000 | -355,000 | -672,000 | -1,773,000 | -3,234,000 | 857,000 | 3,392,000 | -1,163,000 | 1,456,456 | -280,001 | 4,733,977 | 4,836,799 | 3,712,749 | -17,946,660 |
| Employee Costs | 1,014,000 | 873,000 | 1,282,000 | 1,272,000 | 1,363,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Number Of Employees | 52 | 40 | 54 | 63 | 1,197 | ||||||||||
| EBITDA* | 7,636,618 | 5,894,535 | 6,226,143 | 6,052,346 | 5,207,957 | 6,061,955 |
* 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 | 0 | 0 | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,685,000 | 3,779,000 | 4,043,000 | 2,864,000 | 3,226,000 | 2,507,000 | 2,276,000 | 1,862,000 | 1,909,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 6,980,000 | 9,698,000 | 9,155,000 | 9,400,000 | 9,873,000 | 7,255,000 | 9,668,000 | 3,444,000 | 3,073,000 | 443,389 | 328,967 | 185,642 | 29,619 | 280,335 | 269,445 |
| Misc Debtors | 4,046,000 | 5,706,000 | 5,630,000 | 4,854,000 | 4,638,000 | 3,361,000 | 6,758,000 | 1,939,000 | 2,512,000 | 4,776,067 | 3,133,111 | 3,914,049 | 2,042,677 | 2,530,888 | 2,951,712 |
| Cash | 22,270,000 | 15,287,000 | 19,019,000 | 20,362,000 | 23,444,000 | 34,335,000 | 25,630,000 | 33,165,000 | 27,083,000 | 28,342,416 | 27,937,135 | 25,273,812 | 28,052,977 | 35,287,289 | 19,910,224 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,845 | 14,930 | 43,186 | 46,906 | 34,023 | 123,896 |
| total current assets | 36,981,000 | 34,470,000 | 37,847,000 | 37,480,000 | 41,181,000 | 47,458,000 | 44,332,000 | 40,410,000 | 34,577,000 | 33,584,717 | 31,414,143 | 29,416,689 | 30,172,179 | 38,132,535 | 23,255,277 |
| total assets | 36,981,000 | 34,470,000 | 37,847,000 | 37,480,000 | 41,181,000 | 47,458,000 | 44,332,000 | 40,410,000 | 34,577,000 | 33,584,717 | 31,414,143 | 29,416,689 | 30,172,179 | 38,132,535 | 23,255,277 |
| 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 | 1,600,000 | 1,766,000 | 2,409,000 | 2,053,000 | 3,495,000 | 2,334,000 | 5,101,000 | 3,290,000 | 2,377,000 | 2,917,519 | 8,323,152 | 2,507,049 | 4,324,169 | 2,653,774 | 465,756 |
| Group/Directors Accounts | 7,663,000 | 4,174,000 | 3,658,000 | 3,260,000 | 2,376,000 | 11,426,000 | 401,000 | 5,089,000 | 4,268,000 | 4,475,843 | 0 | 759,809 | 1,222,346 | 15,748,638 | 6,208,179 |
| 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 | 3,377,000 | 6,090,000 | 3,316,000 | 2,589,000 | 4,794,000 | 3,452,000 | 3,085,000 | 2,655,000 | 2,702,000 | 1,868,589 | 0 | 1,795,677 | 1,998,264 | 1,591,635 | 1,898,044 |
| total current liabilities | 12,640,000 | 12,030,000 | 9,383,000 | 7,902,000 | 10,665,000 | 17,212,000 | 8,587,000 | 11,034,000 | 9,347,000 | 9,261,951 | 8,323,152 | 5,062,535 | 7,544,779 | 19,994,047 | 8,571,979 |
| 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 | 8,202,000 | 8,440,000 | 10,951,000 | 11,710,000 | 11,976,000 | 9,933,000 | 12,106,000 | 6,594,000 | 5,840,000 | 2,794,458 | 3,019,138 | 3,934,982 | 4,442,394 | 4,790,090 | 5,114,969 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67,318 | 67,129 | 67,320 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,202,000 | 8,440,000 | 10,951,000 | 11,710,000 | 11,976,000 | 9,933,000 | 12,106,000 | 6,594,000 | 5,840,000 | 2,794,458 | 3,019,138 | 4,002,300 | 4,509,523 | 4,857,410 | 5,114,969 |
| total liabilities | 20,842,000 | 20,470,000 | 20,334,000 | 19,612,000 | 22,641,000 | 27,145,000 | 20,693,000 | 17,628,000 | 15,187,000 | 12,056,409 | 11,342,290 | 9,064,835 | 12,054,302 | 24,851,457 | 13,686,948 |
| net assets | 16,139,000 | 14,000,000 | 17,513,000 | 17,868,000 | 18,540,000 | 20,313,000 | 23,639,000 | 22,782,000 | 19,390,000 | 21,528,308 | 20,071,853 | 20,351,854 | 18,117,877 | 13,281,078 | 9,568,329 |
| total shareholders funds | 16,139,000 | 14,000,000 | 17,513,000 | 17,868,000 | 18,540,000 | 20,313,000 | 23,639,000 | 22,782,000 | 19,390,000 | 21,528,308 | 20,071,853 | 20,351,854 | 18,117,877 | 13,281,078 | 9,568,329 |
| 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 | 7,636,618 | 5,894,535 | 6,226,143 | 6,052,346 | 5,207,957 | 6,061,955 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -657,000 | 255,000 | -574,000 | -695,000 | -814,000 | -1,212,000 | -1,365,000 | -845,000 | -1,240,000 | -1,643,283 | -1,381,982 | -1,541,113 | -1,748,314 | -1,445,147 | -1,718,239 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,472,000 | 355,000 | 1,710,000 | -619,000 | 4,614,000 | -5,579,000 | 11,457,000 | -249,000 | 2,274,544 | 1,757,378 | -637,613 | 2,027,395 | -738,927 | -409,934 | 3,221,157 |
| Creditors | -166,000 | -643,000 | 356,000 | -1,442,000 | 1,161,000 | -2,767,000 | 1,811,000 | 913,000 | -540,519 | -5,405,633 | 5,816,103 | -1,817,120 | 1,670,395 | 2,188,018 | 465,756 |
| Accruals and Deferred Income | -2,951,000 | 263,000 | -32,000 | -2,471,000 | 3,385,000 | -1,806,000 | 5,942,000 | 707,000 | 3,878,953 | 1,643,909 | -2,711,521 | -709,999 | 58,933 | -631,288 | 7,013,013 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 474,233 | 8,254,748 | 130,516 | 6,772,287 | 5,729,474 | 8,601,328 | |||||||||
| 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 | 3,489,000 | 516,000 | 398,000 | 884,000 | -9,050,000 | 11,025,000 | -4,688,000 | 821,000 | -207,843 | 4,475,843 | -759,809 | -462,537 | -14,526,292 | 9,540,459 | 6,208,179 |
| 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 | -67,318 | 189 | -191 | 67,320 | 0 |
| share issue | |||||||||||||||
| interest | 712,000 | 196,000 | 28,000 | 57,000 | 190,000 | 125,000 | 71,000 | 71,000 | 62,000 | 52,205 | 44,463 | 53,471 | 134,528 | 63,575 | 113,088 |
| cash flow from financing | 4,201,000 | 712,000 | 426,000 | 941,000 | -8,860,000 | 11,058,000 | -4,617,000 | 892,000 | -1,121,151 | 4,528,047 | -782,664 | -2,908,877 | -14,391,955 | 9,671,354 | 33,836,256 |
| cash and cash equivalents | |||||||||||||||
| cash | 6,983,000 | -3,732,000 | -1,343,000 | -3,082,000 | -10,891,000 | 8,705,000 | -7,535,000 | 6,082,000 | -1,259,416 | 405,281 | 2,663,323 | -2,779,165 | -7,234,312 | 15,377,065 | 19,910,224 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,983,000 | -3,732,000 | -1,343,000 | -3,082,000 | -10,891,000 | 8,705,000 | -7,535,000 | 6,082,000 | -1,259,416 | 405,281 | 2,663,323 | -2,779,165 | -7,234,312 | 15,377,065 | 19,910,224 |
deutsche trustee company limited Credit Report and Business Information
Deutsche Trustee Company Limited Competitor Analysis
Perform a competitor analysis for deutsche trustee company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
deutsche trustee company limited Ownership
DEUTSCHE TRUSTEE COMPANY LIMITED group structure
Deutsche Trustee Company Limited has no subsidiary companies.
Ultimate parent company
DEUTSCHE BANK AG
#0006815
2 parents
DEUTSCHE TRUSTEE COMPANY LIMITED
00338230
deutsche trustee company limited directors
Deutsche Trustee Company Limited currently has 6 directors. The longest serving directors include Mr Olufemi Oye (Aug 2003) and Miss Claire Leadbeater (Jan 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Olufemi Oye | United Kingdom | 58 years | Aug 2003 | - | Director |
| Miss Claire Leadbeater | United Kingdom | 54 years | Jan 2012 | - | Director |
| Mr Philip Nunnerley | United Kingdom | 78 years | Nov 2014 | - | Director |
| Mr Ali Khan | United Kingdom | 54 years | Oct 2017 | - | Director |
| Mr Jason Connery | United Kingdom | 51 years | Aug 2021 | - | Director |
| Mr Samuel Ataiyero | United Kingdom | 39 years | Jul 2024 | - | Director |
P&L
December 2023turnover
6.1m
+2%
operating profit
1.9m
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
16.1m
+0.15%
total assets
37m
+0.07%
cash
22.3m
+0.46%
net assets
Total assets minus all liabilities
deutsche trustee company limited company details
company number
00338230
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
March 1938
age
87
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
bankers trustee company limited (April 2002)
bankers trustee and executor company limited (December 1981)
accountant
-
auditor
ERNST & YOUNG LLP
address
21 moorfields, london, EC2Y 9DB
Bank
-
Legal Advisor
-
deutsche trustee company 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 deutsche trustee company limited.
deutsche trustee company 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.
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deutsche trustee company limited Companies House Filings - See Documents
| date | description | view/download |
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