bank of america merrill lynch international limited
bank of america merrill lynch international limited Company Information
Company Number
01009248
Next Accounts
1941 days late
Industry
Banks
Shareholders
bank of america national association
Group Structure
View All
Contact
Registered Address
2 king edward street, london, EC1A 1HQ
Website
bofaml.combank of america merrill lynch international limited Estimated Valuation
Pomanda estimates the enterprise value of BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED at £2b based on a Turnover of £699.1m and 2.83x industry multiple (adjusted for size and gross margin).
bank of america merrill lynch international limited Estimated Valuation
Pomanda estimates the enterprise value of BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED at £3.2b based on an EBITDA of £260m and a 12.34x industry multiple (adjusted for size and gross margin).
bank of america merrill lynch international limited Estimated Valuation
Pomanda estimates the enterprise value of BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED at £27b based on Net Assets of £6.1b and 4.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bank Of America Merrill Lynch International Limited Overview
Bank Of America Merrill Lynch International Limited is a converted/closed company that was located in london, EC1A 1HQ with a Companies House number of 01009248. It operated in the banks sector, SIC Code 64191. Founded in April 1971, it's largest shareholder was bank of america national association with a 100% stake. The last turnover for Bank Of America Merrill Lynch International Limited was estimated at £699.1m.
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Bank Of America Merrill Lynch International Limited Health Check
Pomanda's financial health check has awarded Bank Of America Merrill Lynch International Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £699.1m, make it larger than the average company (£25.8m)
£699.1m - Bank Of America Merrill Lynch International Limited
£25.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (4%)
36% - Bank Of America Merrill Lynch International Limited
4% - Industry AVG
Production
with a gross margin of 66.4%, this company has a comparable cost of product (66.4%)
66.4% - Bank Of America Merrill Lynch International Limited
66.4% - Industry AVG
Profitability
an operating margin of 37.2% make it more profitable than the average company (14.5%)
37.2% - Bank Of America Merrill Lynch International Limited
14.5% - Industry AVG
Employees
with 6497 employees, this is above the industry average (89)
6497 - Bank Of America Merrill Lynch International Limited
89 - Industry AVG
Pay Structure
on an average salary of £131.9k, the company has a higher pay structure (£85k)
£131.9k - Bank Of America Merrill Lynch International Limited
£85k - Industry AVG
Efficiency
resulting in sales per employee of £107.6k, this is less efficient (£307.1k)
£107.6k - Bank Of America Merrill Lynch International Limited
£307.1k - Industry AVG
Debtor Days
it gets paid by customers after 11113 days, this is later than average (6987 days)
11113 days - Bank Of America Merrill Lynch International Limited
6987 days - Industry AVG
Creditor Days
its suppliers are paid after 35465 days, this is slower than average (137 days)
35465 days - Bank Of America Merrill Lynch International Limited
137 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bank Of America Merrill Lynch International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (7 weeks)
5 weeks - Bank Of America Merrill Lynch International Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a lower level of debt than the average (89.3%)
80.3% - Bank Of America Merrill Lynch International Limited
89.3% - Industry AVG
BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED financials
Bank Of America Merrill Lynch International Limited's latest turnover from December 2017 is £699.1 million and the company has net assets of £6.1 billion. According to their latest financial statements, Bank Of America Merrill Lynch International Limited has 6,497 employees and maintains cash reserves of £2.8 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 699,066,486 | 631,916,600 | 380,813,953 | 280,378,599 | 122,739,672 | 68,081,137 | 99,726,991 | 101,331,979 | 124,344,065 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 85,020,008 | 91,962,559 | 86,441,014 | ||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 242,286,040 | 287,890,938 | 117,003,738 | 134,008,859 | 31,160,308 | 18,423,453 | 19,972,247 | 31,833,241 | -13,856,319 |
| Tax | -82,662,296 | 28,067,362 | 10,209,025 | 2,160,161 | -228,635 | 88,836 | -3,198,012 | 2,259,991 | -5,691,374 |
| Profit After Tax | 159,623,744 | 315,958,300 | 127,212,763 | 136,169,020 | 30,931,673 | 18,512,289 | 16,774,235 | 34,093,232 | -19,547,693 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,160,293 | 0 |
| Retained Profit | 159,623,744 | 315,958,300 | 127,212,763 | 136,169,020 | 30,931,673 | 18,512,289 | 16,774,235 | -89,067,061 | -19,547,693 |
| Employee Costs | 857,265,018 | 849,238,172 | 697,594,823 | 484,436,600 | 18,081,966 | 15,240,154 | 17,937,911 | 22,654,720 | 72,836,977 |
| Number Of Employees | 6,497 | 6,321 | 5,683 | 3,615 | 34 | 28 | 31 | 29 | 239 |
| EBITDA* | 85,020,008 | 91,962,559 | 86,441,014 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 123,993,444 | 141,138,732 | 120,202,104 | 62,291,666 | 91,255,188 | 37,773,171 | 510,140,054 | 535,537,902 | 48,438,851 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 123,993,444 | 141,138,732 | 120,202,104 | 62,291,666 | 91,255,188 | 37,773,171 | 510,140,054 | 535,537,902 | 48,438,851 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,285,541,224 | 27,220,529,270 | 20,898,857,973 | 14,316,571,843 | 6,480,083,679 | 1,997,224,163 | 3,222,295,727 | 5,181,109,674 | 6,614,186,689 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,811,230,671 | 970,328,789 | 6,598,145 | 206,919,297 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 69,835,388 | 68,965,517 | 67,196,152 | 32,362,265 | 28,528,695 | 31,034,646 | 11,929,134 | 12,195,948 | 109,870,255 |
| total current assets | 30,768,189,268 | 30,836,407,377 | 23,103,531,976 | 14,712,167,081 | 7,017,676,088 | 2,276,692,922 | 3,292,108,558 | 5,264,371,574 | 6,759,148,246 |
| total assets | 30,892,182,712 | 30,977,546,109 | 23,223,734,080 | 14,774,458,747 | 7,108,931,276 | 2,314,466,093 | 3,802,248,612 | 5,799,909,476 | 6,807,587,097 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,796,265,944 | 22,731,355,252 | 18,018,346,483 | 9,780,870,016 | 2,598,464,782 | 906,579,804 | 2,511,327,610 | 4,588,882,320 | 5,524,237,145 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,425,212,000 | 801,924,619 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 24,817,216,560 | 24,326,383,319 | 18,456,964,977 | 10,134,435,215 | 2,797,191,803 | 1,201,095,647 | 2,599,197,108 | 4,643,762,546 | 5,624,322,441 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 22,550,569 | 147,468 | 23,948,625 | 46,808,301 | 15,835,535 |
| total liabilities | 24,817,216,560 | 24,326,383,319 | 18,456,964,977 | 10,134,435,215 | 2,819,742,373 | 1,201,243,115 | 2,623,145,733 | 4,690,570,847 | 5,640,157,976 |
| net assets | 6,074,966,151 | 6,651,162,790 | 4,766,769,102 | 4,640,023,532 | 4,289,188,904 | 1,113,222,978 | 1,179,102,878 | 1,109,338,629 | 1,167,429,120 |
| total shareholders funds | 6,074,966,151 | 6,651,162,791 | 4,766,769,103 | 4,640,023,533 | 4,289,188,904 | 1,113,222,979 | 1,179,102,879 | 1,109,338,629 | 1,167,429,121 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 85,020,008 | 91,962,559 | 86,441,014 | ||||||
| Depreciation | 0 | 0 | 0 | ||||||
| Amortisation | |||||||||
| Tax | -82,662,296 | 28,067,362 | 10,209,025 | 2,160,161 | -228,635 | 88,836 | -3,198,012 | 2,259,991 | -5,691,374 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,934,988,046 | 6,321,671,297 | 6,582,286,130 | 7,836,488,164 | 4,482,859,516 | -1,225,071,564 | -1,958,813,947 | -1,433,077,015 | 6,614,186,689 |
| Creditors | 64,910,692 | 4,713,008,769 | 8,237,476,467 | 7,182,405,234 | 1,691,884,978 | -1,604,747,806 | -2,077,554,710 | -935,354,825 | 5,524,237,145 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 623,287,381 | 801,924,619 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 1,840,901,881 | 963,730,644 | -200,321,152 | 206,919,297 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,840,901,881 | 963,730,644 | -200,321,152 | 206,919,297 | 0 | 0 | 0 | 0 | 0 |
bank of america merrill lynch international limited Credit Report and Business Information
Bank Of America Merrill Lynch International Limited Competitor Analysis
Perform a competitor analysis for bank of america merrill lynch international limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC1A area or any other competitors across 12 key performance metrics.
bank of america merrill lynch international limited Ownership
BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED group structure
Bank Of America Merrill Lynch International Limited has no subsidiary companies.
Ultimate parent company
BANK OF AMERICA CORP
#0010389
BANK OF AMERICA NATIONAL ASSOCIATION
#0080482
2 parents
BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED
01009248
bank of america merrill lynch international limited directors
Bank Of America Merrill Lynch International Limited currently has 8 directors. The longest serving directors include Mr Martin Butler (May 2009) and Mr John Gollan (Feb 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Butler | 61 years | May 2009 | - | Director | |
| Mr John Gollan | 69 years | Feb 2014 | - | Director | |
| Mr Bernard Mensah | 56 years | Mar 2015 | - | Director | |
| Ms Sally James | England | 76 years | Feb 2016 | - | Director |
| Mrs. Alice Schroeder | England | 68 years | Feb 2016 | - | Director |
| Mr David Guest | Ireland | 62 years | Mar 2016 | - | Director |
| Mr Pierre De Weck | United Kingdom | 74 years | Nov 2016 | - | Director |
| Mrs Joyce Boucher | England | 57 years | Oct 2017 | - | Director |
P&L
December 2017turnover
699.1m
+11%
operating profit
260m
0%
gross margin
66.5%
+19.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
6.1b
-0.09%
total assets
30.9b
0%
cash
2.8b
+1.9%
net assets
Total assets minus all liabilities
Similar Companies
bank of america merrill lynch international limited company details
company number
01009248
Type
Private limited with Share Capital
industry
64191 - Banks
incorporation date
April 1971
age
54
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2017
previous names
banc of america securities limited (December 2013)
bank of america international limited (March 2001)
accountant
-
auditor
-
address
2 king edward street, london, EC1A 1HQ
Bank
-
Legal Advisor
-
bank of america merrill lynch international 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 bank of america merrill lynch international limited.
bank of america merrill lynch international 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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bank of america merrill lynch international limited Companies House Filings - See Documents
| date | description | view/download |
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