Pomanda estimates the enterprise value of MUNICH RE SYNDICATE LIMITED at £61.9m based on a Turnover of £48.8m and 1.27x industry multiple (adjusted for size and gross margin).
munich re syndicate limitedEstimated Valuation
£27.6m
Pomanda estimates the enterprise value of MUNICH RE SYNDICATE LIMITED at £27.6m based on an EBITDA of £2m and a 13.98x industry multiple (adjusted for size and gross margin).
munich re syndicate limitedEstimated Valuation
£5.1m
Pomanda estimates the enterprise value of MUNICH RE SYNDICATE LIMITED at £5.1m based on Net Assets of £3.1m and 1.64x industry multiple (adjusted for liquidity).
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Munich Re Syndicate LimitedOverview
Munich Re Syndicate Limited is a live company located in london, EC3M 5BN with a Companies House number of 01328742. It operates in the non-life insurance sector, SIC Code 65120. Founded in September 1977, it's largest shareholder is
munich re specialty group limited
with a 100% stake. Munich Re Syndicate Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£48.8m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Munich Re Syndicate Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
4 Weak
Size
annual sales of £48.8m, make it larger than the average company (£2.1m)
£48.8m - Munich Re Syndicate Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.7%)
13% - Munich Re Syndicate Limited
8.7% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Munich Re Syndicate Limited
100% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (17.5%)
3.5% - Munich Re Syndicate Limited
17.5% - Industry AVG
Employees
with 193 employees, this is above the industry average (26)
193 - Munich Re Syndicate Limited
26 - Industry AVG
Pay Structure
on an average salary of £146.2k, the company has a higher pay structure (£65.3k)
£146.2k - Munich Re Syndicate Limited
£65.3k - Industry AVG
Efficiency
resulting in sales per employee of £252.7k, this is more efficient (£163.8k)
£252.7k - Munich Re Syndicate Limited
£163.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Munich Re Syndicate Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Munich Re Syndicate Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Munich Re Syndicate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Munich Re Syndicate Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (81.5%)
98.1% - Munich Re Syndicate Limited
81.5% - Industry AVG
MUNICH RE SYNDICATE LIMITED financials
EXPORT
Munich Re Syndicate Limited's latest turnover from December 2023 is £48.8 million and the company has net assets of £3.1 million. According to their latest financial statements, Munich Re Syndicate Limited has 193 employees and maintains cash reserves of £1.2 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
48,779,845
40,250,764
34,951,368
33,546,352
40,322,673
36,255,089
33,211,433
34,424,270
30,199,021
30,384,686
29,872,525
29,490,776
28,278,374
8,661,156
8,234,295
Other Income Or Grants
Cost Of Sales
241,700
1,059,686
3,010,664
5,338,632
7,416,935
7,334,092
7,721,655
2,538,545
Gross Profit
48,779,845
40,250,764
34,951,368
33,546,352
40,322,673
36,255,089
32,969,733
33,364,584
27,188,357
25,046,054
22,455,590
22,156,684
20,556,719
6,122,611
Admin Expenses
47,066,959
39,035,524
33,885,779
32,960,194
40,026,095
35,922,442
32,748,673
32,904,232
26,693,606
24,545,953
21,910,340
21,638,230
20,377,622
6,127,427
-12,981
Operating Profit
1,712,886
1,215,240
1,065,589
586,158
296,578
332,647
221,060
460,352
494,751
500,101
545,250
518,454
179,097
-4,816
12,981
Interest Payable
2,008
26,000
26,000
26,000
Interest Receivable
26,841
24,452
25,025
6,817
20,470
1,342
4,188
28,907
41,760
67
79
76
46
40
31
Pre-Tax Profit
1,739,727
1,239,692
1,090,614
590,967
317,048
333,989
225,248
489,259
536,511
500,168
545,329
518,530
179,143
-4,776
13,012
Tax
-390,865
-228,840
-154,155
13,475
-137,004
-91,101
-38,730
-199,586
-122,965
-214,293
-372,936
-213,739
-295,042
-100,665
-45,384
Profit After Tax
1,348,862
1,010,852
936,459
604,442
180,044
242,888
186,518
289,673
413,546
285,875
172,393
304,791
-115,899
-105,441
-32,372
Dividends Paid
850,000
850,000
600,000
180,000
240,000
280,000
700,000
Retained Profit
498,862
160,852
336,459
424,442
-59,956
242,888
-93,482
-410,327
413,546
285,875
172,393
304,791
-115,899
-105,441
-32,372
Employee Costs
28,215,592
22,376,424
19,831,700
16,858
27,525,811
25,017,303
24,295,731
24,928,166
320,865
320,865
252,129
217,072
243,284
218,436
186,010
Number Of Employees
193
181
161
184
180
173
136
124
110
106
101
98
93
87
85
EBITDA*
1,975,217
1,385,496
1,065,589
837,410
883,578
333,655
222,761
461,565
554,368
615,722
657,809
657,959
347,592
171,828
180,676
* 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
69,818
249,896
471,197
806,399
1,295,303
1,511,898
1,687,876
1,645,865
446,475
53,501
116,969
225,919
348,476
510,155
686,799
Intangible Assets
Investments & Other
37,286
37,286
37,286
37,286
37,286
37,286
37,286
37,286
37,286
Debtors (Due After 1 year)
291,996
266,122
595,078
798,395
778,996
906,692
410,757
597,442
1,307,270
Total Fixed Assets
69,818
541,892
737,319
1,401,477
2,093,698
2,290,894
2,631,854
2,093,908
1,081,203
1,398,057
154,255
263,205
385,762
547,441
724,085
Stock & work in progress
Trade Debtors
Group Debtors
163,122,390
74,294,145
34,138,507
50,626,805
56,073,160
1,893,254
13,648,202
6,027,114
7,375,368
6,738,787
52,185,720
95,870,436
30,602,659
6,976,797
11,066,031
Misc Debtors
1,003,469
995,968
1,724,129
4,436,504
7,130,837
32,821,892
9,094,588
23,320,201
23,525,049
38,048,812
38,121,168
28,345,064
4,312,136
8,504,853
6,711,081
Cash
1,230,829
480,460
812,224
49,061
1,430,594
468,047
558,858
313,680
197,616
245,686
295,733
686,073
143,435
242,561
161,281
misc current assets
total current assets
165,356,688
75,770,573
36,674,860
55,112,370
64,634,591
35,183,193
23,301,648
29,660,995
31,098,033
45,033,285
90,602,621
124,901,573
35,058,230
15,724,211
17,938,393
total assets
165,426,506
76,312,465
37,412,179
56,513,847
66,728,289
37,474,087
25,933,502
31,754,903
32,179,236
46,431,342
90,756,876
125,164,778
35,443,992
16,271,652
18,662,478
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
160,095,818
70,932,791
29,949,827
47,133,718
51,347,662
20,135,772
6,932,013
14,201,709
16,221,350
27,421,420
72,185,326
107,398,075
19,284,497
4,540,545
other short term finances
hp & lease commitments
other current liabilities
1,207,865
1,694,816
3,977,062
4,151,341
8,156,567
10,292,428
11,782,864
10,278,386
9,179,021
10,687,471
10,352,212
10,011,815
9,298,105
9,336,295
7,281,956
total current liabilities
161,303,683
72,627,607
33,926,889
51,285,059
59,504,229
30,428,200
18,714,877
24,480,095
25,400,371
38,108,891
82,537,538
117,409,890
28,582,602
9,336,295
11,822,501
loans
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
400,000
hp & lease commitments
Accruals and Deferred Income
2,218,672
4,696,443
4,497,771
4,952,854
4,955,012
4,088,199
6,045,331
6,228,093
5,936,036
5,347,329
5,555,397
5,354,576
other liabilities
provisions
582,419
543,316
504,600
465,885
407,828
368,371
328,914
289,457
250,000
250,000
250,000
250,000
250,000
total long term liabilities
982,419
943,316
904,600
3,084,557
5,504,271
5,266,142
5,681,768
5,644,469
4,738,199
6,695,331
6,878,093
6,586,036
5,997,329
5,955,397
5,754,576
total liabilities
162,286,102
73,570,923
34,831,489
54,369,616
65,008,500
35,694,342
24,396,645
30,124,564
30,138,570
44,804,222
89,415,631
123,995,926
34,579,931
15,291,692
17,577,077
net assets
3,140,404
2,741,542
2,580,690
2,144,231
1,719,789
1,779,745
1,536,857
1,630,339
2,040,666
1,627,120
1,341,245
1,168,852
864,061
979,960
1,085,401
total shareholders funds
3,140,404
2,741,542
2,580,690
2,144,231
1,719,789
1,779,745
1,536,857
1,630,339
2,040,666
1,627,120
1,341,245
1,168,852
864,061
979,960
1,085,401
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
1,712,886
1,215,240
1,065,589
586,158
296,578
332,647
221,060
460,352
494,751
500,101
545,250
518,454
179,097
-4,816
12,981
Depreciation
262,331
170,256
251,252
587,000
1,008
1,701
1,213
59,617
115,621
112,559
139,505
168,495
176,644
167,695
Amortisation
Tax
-390,865
-228,840
-154,155
13,475
-137,004
-91,101
-38,730
-199,586
-122,965
-214,293
-372,936
-213,739
-295,042
-100,665
-45,384
Stock
Debtors
88,543,750
39,453,351
-19,529,629
-8,344,005
28,508,250
11,844,660
-6,108,590
-1,739,787
-14,597,010
-44,212,019
-33,908,612
89,300,705
19,433,145
-2,295,462
17,777,112
Creditors
Accruals and Deferred Income
-486,951
-2,282,246
-2,392,951
-6,482,997
-1,937,189
-1,945,519
1,502,320
1,966,178
-3,465,582
152,497
632,454
1,302,417
-246,258
2,255,160
12,636,532
Deferred Taxes & Provisions
39,103
38,716
38,715
58,057
39,457
39,457
39,457
39,457
250,000
Cash flow from operations
-87,407,246
-40,540,225
18,086,827
2,769,950
-29,659,408
-13,508,168
7,834,398
4,007,401
11,562,831
44,765,945
34,825,939
-87,554,068
-19,376,853
4,621,785
-5,005,288
Investing Activities
capital expenditure
-82,253
51,045
335,202
237,652
-370,405
174,970
-43,712
-1,200,603
-452,591
-52,153
-3,609
-16,948
-6,816
-854,494
Change in Investments
-37,286
37,286
cash flow from investments
-82,253
51,045
335,202
237,652
-370,405
212,256
-43,712
-1,200,603
-452,591
-52,153
-3,609
-16,948
-6,816
-891,780
Financing Activities
Bank loans
Group/Directors Accounts
89,163,027
40,982,964
-17,183,891
-4,213,944
31,211,890
13,203,759
-7,269,696
-2,019,641
-11,200,070
-44,763,906
-35,212,749
88,113,578
19,284,497
-4,540,545
4,540,545
Other Short Term Loans
Long term loans
400,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100,000
100,000
1,117,773
interest
26,841
24,452
25,025
4,809
20,470
1,342
4,188
28,907
15,760
-25,933
-25,921
76
46
40
31
cash flow from financing
89,089,868
41,007,416
-17,058,866
-4,209,135
31,232,360
13,205,101
-7,265,508
-1,990,734
-11,184,310
-44,789,839
-35,238,670
88,113,654
19,284,543
-4,540,505
6,058,349
cash and cash equivalents
cash
750,369
-331,764
763,163
-1,381,533
962,547
-90,811
245,178
116,064
-48,070
-50,047
-390,340
542,638
-99,126
81,280
161,281
overdraft
change in cash
750,369
-331,764
763,163
-1,381,533
962,547
-90,811
245,178
116,064
-48,070
-50,047
-390,340
542,638
-99,126
81,280
161,281
munich re syndicate limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for munich re syndicate limited. Get real-time insights into munich re syndicate limited's credit score, group structure and payment trends.
Perform a competitor analysis for munich re syndicate limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC3M area or any other competitors across 12 key performance metrics.
munich re syndicate limited Ownership
MUNICH RE SYNDICATE LIMITED group structure
Munich Re Syndicate Limited has no subsidiary companies.
The sole shareholder of Munich Re Syndicate Limited is Munich Re Specialty Group Limited.
munich re specialty group limited
100%
munich re syndicate limited directors
Munich Re Syndicate Limited currently has 10 directors.
The longest serving directors include
Mr Dominick Hoare (Nov 1996) and
Mr Thomas Artmann (Sep 2003).
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 munich re syndicate limited.
munich re syndicate 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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munich re syndicate limitedCompanies House Filings - See Documents
