blackrock group limited

blackrock group limited Company Information

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Company Number

00951043

Industry

Activities of financial services holding companies

 

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Shareholders

blackrock finco uk ltd

blackrock cayman west bay iv limited

Group Structure

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Contact

Registered Address

12 throgmorton avenue, london, EC2N 2DL

blackrock group limited Estimated Valuation

£2.1b

Pomanda estimates the enterprise value of BLACKROCK GROUP LIMITED at £2.1b based on a Turnover of £770m and 2.78x industry multiple (adjusted for size and gross margin).

blackrock group limited Estimated Valuation

£7.7b

Pomanda estimates the enterprise value of BLACKROCK GROUP LIMITED at £7.7b based on an EBITDA of £771.1m and a 9.94x industry multiple (adjusted for size and gross margin).

blackrock group limited Estimated Valuation

£2.6b

Pomanda estimates the enterprise value of BLACKROCK GROUP LIMITED at £2.6b based on Net Assets of £1.7b and 1.54x industry multiple (adjusted for liquidity).

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Blackrock Group Limited Overview

Blackrock Group Limited is a live company located in london, EC2N 2DL with a Companies House number of 00951043. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 1969, it's largest shareholder is blackrock finco uk ltd with a 95% stake. Blackrock Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £770m with unknown growth in recent years.

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Blackrock Group Limited Health Check

Pomanda's financial health check has awarded Blackrock Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of £770m, make it larger than the average company (£8.7m)

£770m - Blackrock Group Limited

£8.7m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Blackrock Group Limited

- - Industry AVG

production

Production

with a gross margin of 66.9%, this company has a comparable cost of product (66.9%)

66.9% - Blackrock Group Limited

66.9% - Industry AVG

profitability

Profitability

an operating margin of 100.1% make it more profitable than the average company (9.6%)

100.1% - Blackrock Group Limited

9.6% - Industry AVG

employees

Employees

with 3515 employees, this is above the industry average (39)

3515 - Blackrock Group Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £83.8k, the company has an equivalent pay structure (£83.8k)

£83.8k - Blackrock Group Limited

£83.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £219.1k, this is equally as efficient (£219.2k)

£219.1k - Blackrock Group Limited

£219.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Blackrock Group Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Blackrock Group Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blackrock Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (28 weeks)

2 weeks - Blackrock Group Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51.2%, this is a lower level of debt than the average (62.2%)

51.2% - Blackrock Group Limited

62.2% - Industry AVG

BLACKROCK GROUP LIMITED financials

EXPORTms excel logo

Blackrock Group Limited's latest turnover from December 2023 is £770 million and the company has net assets of £1.7 billion. According to their latest financial statements, we estimate that Blackrock Group Limited has 3,515 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover770,033,0000000000000045,00000
Other Income Or Grants000000000000000
Cost Of Sales254,689,9720000000000017,76200
Gross Profit515,343,0280000000000027,23800
Admin Expenses-255,758,972-1,469,160,000-1,339,588,000-687,675,000-734,101,000-479,289,000-489,872,000-684,066,000-684,066,000400,000-1,232,000-3,370,0001,572,238-3,197,000-6,456,000
Operating Profit771,102,0001,469,160,0001,339,588,000687,675,000734,101,000479,289,000489,872,000684,066,000684,066,000-400,0001,232,0003,370,000-1,545,0003,197,0006,456,000
Interest Payable52,074,00029,933,00020,003,00028,299,00016,648,0008,327,0003,870,0003,002,0003,060,0003,236,0005,579,0007,999,0006,862,0006,297,0004,601,000
Interest Receivable17,009,0009,865,0003,568,00017,764,00014,839,00010,158,0004,142,000389,000453,0001,404,0001,858,000802,0003,602,0008,488,0001,953,000
Pre-Tax Profit734,044,0001,450,056,0001,322,311,000677,924,000731,486,000481,574,000490,582,000508,465,000681,566,000362,819,000341,264,000308,561,000254,305,000199,822,000189,304,000
Tax-2,254,000-1,833,000-1,703,000-7,061,0005,296,0003,000305,000-1,348,000776,000543,000898,0001,310,0002,052,000544,000-1,090,000
Profit After Tax731,790,0001,448,223,0001,320,608,000670,863,000736,782,000481,577,000490,887,000507,117,000682,342,000363,362,000342,162,000309,871,000256,357,000200,366,000188,214,000
Dividends Paid785,000,0001,299,287,0001,224,002,000632,000,0001,200,000,0001,100,000,000100,000,000600,000,000685,887,000737,736,000206,000,000404,469,000377,308,000215,000,000118,692,000
Retained Profit-53,210,000148,936,00096,606,00038,863,000-463,218,000-618,423,000390,887,000-92,883,000-3,545,000-374,374,000136,162,000-94,598,000-120,951,000-14,634,00069,522,000
Employee Costs294,409,68480,88577,88173,73273,27271,42369,30965,70763,71963,11962,98761,65663,65362,7900
Number Of Employees3,51511111111111110
EBITDA*771,102,0001,469,160,0001,339,588,000687,675,000734,101,000479,289,000489,872,000684,066,000684,066,000-400,0001,232,0003,370,000-1,545,0003,197,0006,456,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other3,275,867,0003,128,380,0003,149,642,0003,188,014,0002,331,882,0002,252,696,0002,213,902,0002,161,185,0002,207,425,0002,342,939,0002,289,140,0002,424,675,0002,247,456,0002,230,654,0002,230,654,000
Debtors (Due After 1 year)000000000077,000,0000000
Total Fixed Assets3,275,867,0003,128,380,0003,149,642,0003,188,014,0002,331,882,0002,252,696,0002,213,902,0002,161,185,0002,207,425,0002,342,939,0002,366,140,0002,424,675,0002,247,456,0002,230,654,0002,230,654,000
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors231,070,000283,915,000111,546,0001,172,000915,563,000913,248,000514,034,00013,021,000906,000643,000200,037,00017,00011,0004,995,00082,824,000
Misc Debtors0006,860,0007,415,00015,00056,0003,381,0001,411,000220,000212,0003,555,0002,717,0005,035,0004,207,000
Cash2,025,0008,395,0008,385,0005,642,0005,750,00040,980,000593,850,000503,132,000626,581,000328,834,000365,989,0002,561,00001,933,000317,000
misc current assets39,00049,00060,00064,00073,00095,000125,000138,000471,000605,0003,963,000481,675,000444,731,000426,124,000268,357,000
total current assets233,134,000292,359,000119,991,00013,738,000928,801,000954,338,0001,108,065,000519,672,000629,369,000330,302,000570,201,000487,808,000447,459,000438,087,000355,705,000
total assets3,509,001,0003,420,739,0003,269,633,0003,201,752,0003,260,683,0003,207,034,0003,321,967,0002,680,857,0002,836,794,0002,673,241,0002,936,341,0002,912,483,0002,694,915,0002,668,741,0002,586,359,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts32,424,00039,215,00027,985,00059,245,000925,700,0001,362,879,000815,427,000575,724,000662,599,000519,990,000555,901,000741,902,000510,316,000478,037,000380,568,000
other short term finances0015,000,000001,754,0001,247,00000000000
hp & lease commitments000000000000000
other current liabilities8,775,0008,638,0002,698,000163,00067,0004,226,00020,694,0008,712,0001,663,000421,00013,00012,00012,00010,000432,000
total current liabilities41,199,00047,853,00045,683,00059,408,000925,767,0001,368,859,000837,368,000584,436,000664,262,000520,411,000555,914,000741,914,000510,328,000478,047,000381,000,000
loans1,754,524,0001,754,524,0001,754,524,0001,769,524,0001,000,959,00041,000,00069,000,00069,000,00052,000,00028,000,0000119,000,000115,000,00000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000002,710,0002,912,0003,713,0002,946,0000000
provisions0000001,000026,00025,00015,00000156,000187,000
total long term liabilities1,754,524,0001,754,524,0001,754,524,0001,769,524,0001,000,959,00041,000,00069,001,00071,710,00054,938,00031,738,0002,961,000119,000,000115,000,000156,000187,000
total liabilities1,795,723,0001,802,377,0001,800,207,0001,828,932,0001,926,726,0001,409,859,000906,369,000656,146,000719,200,000552,149,000558,875,000860,914,000625,328,000478,203,000381,187,000
net assets1,713,278,0001,618,362,0001,469,426,0001,372,820,0001,333,957,0001,797,175,0002,415,598,0002,024,711,0002,117,594,0002,121,092,0002,377,466,0002,051,569,0002,069,587,0002,190,538,0002,205,172,000
total shareholders funds1,713,278,0001,618,362,0001,469,426,0001,372,820,0001,333,957,0001,797,175,0002,415,598,0002,024,711,0002,117,594,0002,121,092,0002,377,466,0002,051,569,0002,069,587,0002,190,538,0002,205,172,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit771,102,0001,469,160,0001,339,588,000687,675,000734,101,000479,289,000489,872,000684,066,000684,066,000-400,0001,232,0003,370,000-1,545,0003,197,0006,456,000
Depreciation000000000000000
Amortisation000000000000000
Tax-2,254,000-1,833,000-1,703,000-7,061,0005,296,0003,000305,000-1,348,000776,000543,000898,0001,310,0002,052,000544,000-1,090,000
Stock000000000000000
Debtors-52,845,000172,369,000103,514,000-914,946,0009,715,000399,173,000497,688,00014,085,0001,454,000-276,386,000273,677,000844,000-7,302,000-77,001,00087,031,000
Creditors000000000000000
Accruals and Deferred Income137,0005,940,0002,535,00096,000-4,159,000-16,468,00011,982,0007,049,0001,242,000408,0001,00002,000-422,000432,000
Deferred Taxes & Provisions00000-1,0001,000-26,0001,00010,00015,0000-156,000-31,000187,000
Cash flow from operations821,830,0001,300,898,0001,236,906,0001,595,656,000725,523,00063,650,0004,472,000675,656,000684,631,000276,947,000-271,531,0003,836,0007,655,00080,289,000-81,046,000
Investing Activities
capital expenditure000000000000000
Change in Investments147,487,000-21,262,000-38,372,000856,132,00079,186,00038,794,00052,717,000-46,240,000-135,514,00053,799,000-135,535,000177,219,00016,802,00002,230,654,000
cash flow from investments-147,487,00021,262,00038,372,000-856,132,000-79,186,000-38,794,000-52,717,00046,240,000135,514,000-53,799,000135,535,000-177,219,000-16,802,0000-2,230,654,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-6,791,00011,230,000-31,260,000-866,455,000-437,179,000547,452,000239,703,000-86,875,000142,609,000-35,911,000-186,001,000231,586,00032,279,00097,469,000380,568,000
Other Short Term Loans 0-15,000,00015,000,0000-1,754,000507,0001,247,00000000000
Long term loans00-15,000,000768,565,000959,959,000-28,000,000017,000,00024,000,00028,000,000-119,000,0004,000,000115,000,00000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000-2,710,000-202,000-801,000767,0002,946,0000000
share issue148,126,000000000047,000118,000,000189,735,00076,580,000002,135,650,000
interest-35,065,000-20,068,000-16,435,000-10,535,000-1,809,0001,831,000272,000-2,613,000-2,607,000-1,832,000-3,721,000-7,197,000-3,260,0002,191,000-2,648,000
cash flow from financing106,270,000-23,838,000-47,695,000-108,425,000519,217,000521,790,000238,512,000-72,690,000163,248,000109,024,000-116,041,000304,969,000144,019,00099,660,0002,513,570,000
cash and cash equivalents
cash-6,370,00010,0002,743,000-108,000-35,230,000-552,870,00090,718,000-123,449,000297,747,000-37,155,000363,428,0002,561,000-1,933,0001,616,000317,000
overdraft000000000000000
change in cash-6,370,00010,0002,743,000-108,000-35,230,000-552,870,00090,718,000-123,449,000297,747,000-37,155,000363,428,0002,561,000-1,933,0001,616,000317,000

blackrock group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Blackrock Group Limited Competitor Analysis

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Perform a competitor analysis for blackrock group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2N area or any other competitors across 12 key performance metrics.

blackrock group limited Ownership

BLACKROCK GROUP LIMITED group structure

Blackrock Group Limited has 5 subsidiary companies.

BLACKROCK GROUP LIMITED Shareholders

blackrock finco uk ltd 95%
blackrock cayman west bay iv limited 5%

blackrock group limited directors

Blackrock Group Limited currently has 8 directors. The longest serving directors include Mr Nicholas Charrington (Sep 2010) and Ms Eleanor De Freitas (Apr 2014).

officercountryagestartendrole
Mr Nicholas CharringtonUnited Kingdom72 years Sep 2010- Director
Ms Eleanor De Freitas50 years Apr 2014- Director
Mrs Margaret Young70 years Sep 2014- Director
Mr Matthieu Duncan60 years Jul 2021- Director
Mrs Deborah Clarke63 years Jul 2021- Director
Ms Justine AndersonUnited Kingdom46 years Jul 2022- Director
Ms Rachel LordEngland59 years May 2024- Director
Ruwan WeerasekeraUnited Kingdom58 years Aug 2024- Director

P&L

December 2023

turnover

770m

0%

operating profit

771.1m

-48%

gross margin

67%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.7b

+0.06%

total assets

3.5b

+0.03%

cash

2m

-0.76%

net assets

Total assets minus all liabilities

blackrock group limited company details

company number

00951043

Type

Private limited with Share Capital

industry

64205 - Activities of financial services holding companies

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 1969

age

56

incorporated

UK

ultimate parent company

BLACKROCK INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

merrill lynch investment managers group limited (October 2006)

mercury asset management group ltd (September 2000)

See more

accountant

-

auditor

DELOITTE LLP

address

12 throgmorton avenue, london, EC2N 2DL

Bank

-

Legal Advisor

-

blackrock group 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 blackrock group limited.

blackrock group 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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blackrock group limited Companies House Filings - See Documents

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