legal & general group plc
legal & general group plc Company Information
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
one coleman street, london, EC2R 5AA
Website
www.legalandgeneralgroup.comlegal & general group plc Estimated Valuation
Pomanda estimates the enterprise value of LEGAL & GENERAL GROUP PLC at £13.7b based on a Turnover of £5b and 2.74x industry multiple (adjusted for size and gross margin).
legal & general group plc Estimated Valuation
Pomanda estimates the enterprise value of LEGAL & GENERAL GROUP PLC at £0 based on an EBITDA of £-701.6m and a 10.13x industry multiple (adjusted for size and gross margin).
legal & general group plc Estimated Valuation
Pomanda estimates the enterprise value of LEGAL & GENERAL GROUP PLC at £7.2b based on Net Assets of £4.3b and 1.67x industry multiple (adjusted for liquidity).
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Legal & General Group Plc Overview
Legal & General Group Plc is a live company located in london, EC2R 5AA with a Companies House number of 01417162. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in February 1979, it's largest shareholder is unknown. Legal & General Group Plc is a mature, mega sized company, Pomanda has estimated its turnover at £5b with declining growth in recent years.
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Legal & General Group Plc Health Check
Pomanda's financial health check has awarded Legal & General Group Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £5b, make it larger than the average company (£11.7m)
£5b - Legal & General Group Plc
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -54%, show it is growing at a slower rate (9.2%)
-54% - Legal & General Group Plc
9.2% - Industry AVG
Production
with a gross margin of 78.9%, this company has a comparable cost of product (78.9%)
78.9% - Legal & General Group Plc
78.9% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (9.5%)
-14.4% - Legal & General Group Plc
9.5% - Industry AVG
Employees
with 11956 employees, this is above the industry average (65)
11956 - Legal & General Group Plc
65 - Industry AVG
Pay Structure
on an average salary of £109.5k, the company has a higher pay structure (£83k)
£109.5k - Legal & General Group Plc
£83k - Industry AVG
Efficiency
resulting in sales per employee of £417.7k, this is more efficient (£212k)
£417.7k - Legal & General Group Plc
£212k - Industry AVG
Debtor Days
it gets paid by customers after 533 days, this is later than average (46 days)
533 days - Legal & General Group Plc
46 days - Industry AVG
Creditor Days
its suppliers are paid after 31783 days, this is slower than average (48 days)
31783 days - Legal & General Group Plc
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Legal & General Group Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (27 weeks)
2 weeks - Legal & General Group Plc
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (54.1%)
99.2% - Legal & General Group Plc
54.1% - Industry AVG
LEGAL & GENERAL GROUP PLC financials
Legal & General Group Plc's latest turnover from December 2023 is £5 billion and the company has net assets of £4.3 billion. According to their latest financial statements, Legal & General Group Plc has 11,956 employees and maintains cash reserves of £20.5 billion 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 | 4,994,000,000 | 23,505,000,000 | 45,450,000,000 | 50,231,000,000 | 66,786,000,000 | 894,000,000 | 40,491,000,000 | 73,469,000,000 | 12,701,000,000 | 51,517,000,000 | 39,251,000,000 | 34,970,000,000 | 18,317,000,000 | 38,440,000,000 | 43,790,000,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 347,000,000 | 290,000,000 | 294,000,000 | 305,000,000 | 269,000,000 | 238,000,000 | 212,000,000 | 191,000,000 | 186,000,000 | 183,000,000 | 166,000,000 | 165,000,000 | 165,000,000 | 168,000,000 | 179,000,000 |
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 195,000,000 | 939,000,000 | 2,632,000,000 | 1,499,000,000 | 2,156,000,000 | 2,129,000,000 | 2,061,000,000 | 1,517,000,000 | 1,414,000,000 | 1,413,000,000 | 1,325,000,000 | 1,207,000,000 | 775,000,000 | 1,307,000,000 | 1,239,000,000 |
| Tax | -119,000,000 | -71,000,000 | -589,000,000 | -218,000,000 | -369,000,000 | -364,000,000 | -239,000,000 | -343,000,000 | -320,000,000 | -421,000,000 | -419,000,000 | -409,000,000 | 54,000,000 | 487,000,000 | -395,000,000 |
| Profit After Tax | 76,000,000 | 868,000,000 | 2,043,000,000 | 1,281,000,000 | 1,787,000,000 | 1,765,000,000 | 1,822,000,000 | 1,174,000,000 | 1,094,000,000 | 992,000,000 | 906,000,000 | 801,000,000 | 721,000,000 | 820,000,000 | 844,000,000 |
| Dividends Paid | 1,172,000,000 | 1,116,000,000 | 1,048,000,000 | 998,000,000 | 932,000,000 | 872,000,000 | 830,000,000 | 701,000,000 | 580,000,000 | 479,000,000 | 394,000,000 | 298,000,000 | 238,000,000 | 345,000,000 | |
| Retained Profit | -1,096,000,000 | -248,000,000 | 2,050,000,000 | -93,000,000 | 765,000,000 | 771,000,000 | 1,019,000,000 | 428,000,000 | 374,000,000 | 405,000,000 | 414,000,000 | 407,000,000 | 423,000,000 | 582,000,000 | 480,000,000 |
| Employee Costs | 1,309,000,000 | 1,194,000,000 | 1,014,000,000 | 960,000,000 | 939,000,000 | 820,000,000 | 702,000,000 | 677,000,000 | 657,000,000 | 695,000,000 | 630,000,000 | 532,000,000 | 503,000,000 | 471,000,000 | 472,000,000 |
| Number Of Employees | 11,956 | 11,498 | 10,741 | 10,046 | 9,777 | 8,770 | 7,570 | 8,939 | 10,148 | 11,038 | 11,163 | 9,864 | 9,138 | 8,662 | 9,324 |
| EBITDA* |
* 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 | 11,521,000,000 | 11,544,000,000 | 10,494,000,000 | 535,146,000,000 | 32,899,000,000 | 33,403,000,000 | 29,900,000,000 | 12,601,000,000 | 13,490,000,000 | 10,288,000,000 | 2,091,000,000 | 8,346,000,000 | 7,392,000,000 | 7,130,000,000 | 6,653,000,000 |
| Intangible Assets | 685,000,000 | 660,000,000 | 433,000,000 | 397,000,000 | 254,000,000 | 288,000,000 | 149,000,000 | 166,000,000 | 375,000,000 | 421,000,000 | 381,000,000 | 211,000,000 | 148,000,000 | 157,000,000 | 146,000,000 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 12,206,000,000 | 12,204,000,000 | 10,927,000,000 | 535,543,000,000 | 33,153,000,000 | 33,691,000,000 | 30,049,000,000 | 12,767,000,000 | 13,865,000,000 | 10,709,000,000 | 2,472,000,000 | 8,557,000,000 | 7,540,000,000 | 7,287,000,000 | 6,799,000,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 7,306,000,000 | 4,713,000,000 | 7,180,000,000 | 6,939,000,000 | 5,947,000,000 | 4,737,000,000 | 5,545,000,000 | 5,593,000,000 | 4,120,000,000 | 2,906,000,000 | 2,897,000,000 | 2,499,000,000 | 2,289,000,000 | 2,336,000,000 | 2,093,000,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 20,513,000,000 | 35,784,000,000 | 16,487,000,000 | 18,020,000,000 | 13,923,000,000 | 17,321,000,000 | 18,919,000,000 | 15,348,000,000 | 20,677,000,000 | 22,709,000,000 | 17,407,000,000 | 16,652,000,000 | 14,113,000,000 | 13,036,000,000 | 10,650,000,000 |
| misc current assets | 471,405,000,000 | 446,558,000,000 | 538,749,000,000 | 498,713,000,000 | 430,757,000,000 | 443,414,000,000 | 430,718,000,000 | 354,283,000,000 | 360,763,000,000 | 334,641,000,000 | 316,835,000,000 | 300,664,000,000 | 299,627,000,000 | 276,061,000,000 | |
| total current assets | 509,889,000,000 | 501,066,000,000 | 571,711,000,000 | 35,022,000,000 | 527,583,000,000 | 458,826,000,000 | 474,303,000,000 | 455,087,000,000 | 382,934,000,000 | 388,844,000,000 | 363,800,000,000 | 337,986,000,000 | 318,959,000,000 | 316,586,000,000 | 290,245,000,000 |
| total assets | 522,095,000,000 | 513,270,000,000 | 582,638,000,000 | 570,565,000,000 | 560,736,000,000 | 492,517,000,000 | 504,352,000,000 | 467,854,000,000 | 396,799,000,000 | 399,553,000,000 | 366,272,000,000 | 346,543,000,000 | 326,499,000,000 | 323,873,000,000 | 297,044,000,000 |
| Bank overdraft | 6,120,000,000 | 5,557,000,000 | 5,188,000,000 | 5,613,000,000 | 5,111,000,000 | 4,948,000,000 | 3,997,000,000 | 3,501,000,000 | 3,628,000,000 | 3,692,000,000 | 3,228,000,000 | 3,365,000,000 | 1,329,000,000 | 1,897,000,000 | 1,870,000,000 |
| Bank loan | |||||||||||||||
| Trade Creditors | 91,666,000,000 | 78,266,000,000 | 89,825,000,000 | 77,881,000,000 | 64,707,000,000 | 61,308,000,000 | 66,573,000,000 | 55,372,000,000 | 56,455,000,000 | 47,245,000,000 | 45,844,000,000 | 42,756,000,000 | 17,798,000,000 | 17,460,000,000 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 516,946,000,000 | 506,641,000,000 | 570,206,000,000 | 559,104,000,000 | 550,347,000,000 | 482,396,000,000 | 495,191,000,000 | 458,430,000,000 | 388,362,000,000 | 391,389,000,000 | 358,875,000,000 | 339,698,000,000 | 320,159,000,000 | 316,447,000,000 | 290,379,000,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 818,000,000 | 1,562,000,000 | 1,946,000,000 | 1,959,000,000 | 1,351,000,000 | 1,541,000,000 | 1,645,000,000 | 2,479,000,000 | 2,033,000,000 | 2,136,000,000 | 1,755,000,000 | 1,404,000,000 | 1,284,000,000 | 2,599,000,000 | 2,469,000,000 |
| total liabilities | 517,764,000,000 | 508,203,000,000 | 572,152,000,000 | 561,063,000,000 | 551,698,000,000 | 483,937,000,000 | 496,836,000,000 | 460,909,000,000 | 390,395,000,000 | 393,525,000,000 | 360,630,000,000 | 341,102,000,000 | 321,443,000,000 | 319,046,000,000 | 292,848,000,000 |
| net assets | 4,331,000,000 | 5,067,000,000 | 10,486,000,000 | 9,502,000,000 | 9,038,000,000 | 8,580,000,000 | 7,516,000,000 | 6,945,000,000 | 6,404,000,000 | 6,028,000,000 | 5,642,000,000 | 5,441,000,000 | 5,056,000,000 | 4,827,000,000 | 4,196,000,000 |
| total shareholders funds | 4,331,000,000 | 5,067,000,000 | 10,486,000,000 | 9,502,000,000 | 9,038,000,000 | 8,580,000,000 | 7,516,000,000 | 6,945,000,000 | 6,404,000,000 | 6,028,000,000 | 5,642,000,000 | 5,441,000,000 | 5,056,000,000 | 4,827,000,000 | 4,196,000,000 |
| 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 | |||||||||||||||
| Depreciation | 18,000,000 | 17,000,000 | 53,000,000 | 52,000,000 | 36,000,000 | 11,000,000 | 32,000,000 | 13,000,000 | 18,000,000 | 11,000,000 | 13,000,000 | 16,000,000 | 19,000,000 | ||
| Amortisation | |||||||||||||||
| Tax | -119,000,000 | -71,000,000 | -589,000,000 | -218,000,000 | -369,000,000 | -364,000,000 | -239,000,000 | -343,000,000 | -320,000,000 | -421,000,000 | -419,000,000 | -409,000,000 | 54,000,000 | 487,000,000 | -395,000,000 |
| Stock | |||||||||||||||
| Debtors | 2,593,000,000 | -2,467,000,000 | 241,000,000 | 992,000,000 | 1,210,000,000 | -808,000,000 | -48,000,000 | 1,473,000,000 | 1,214,000,000 | 9,000,000 | 398,000,000 | 210,000,000 | -47,000,000 | 243,000,000 | 2,093,000,000 |
| Creditors | 13,400,000,000 | -11,559,000,000 | 89,825,000,000 | -77,881,000,000 | 13,174,000,000 | 3,399,000,000 | -5,265,000,000 | 11,201,000,000 | -1,083,000,000 | 9,210,000,000 | 1,401,000,000 | 3,088,000,000 | 24,958,000,000 | 338,000,000 | 17,460,000,000 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -15,271,000,000 | 19,297,000,000 | -1,533,000,000 | 4,097,000,000 | -3,398,000,000 | -1,598,000,000 | 3,571,000,000 | -5,329,000,000 | -2,032,000,000 | 5,302,000,000 | 755,000,000 | 2,539,000,000 | 1,077,000,000 | 2,386,000,000 | 10,650,000,000 |
| overdraft | 563,000,000 | 369,000,000 | -425,000,000 | 502,000,000 | 163,000,000 | 951,000,000 | 496,000,000 | -127,000,000 | -64,000,000 | 464,000,000 | -137,000,000 | 2,036,000,000 | -568,000,000 | 27,000,000 | 1,870,000,000 |
| change in cash | -15,834,000,000 | 18,928,000,000 | -1,108,000,000 | 3,595,000,000 | -3,561,000,000 | -2,549,000,000 | 3,075,000,000 | -5,202,000,000 | -1,968,000,000 | 4,838,000,000 | 892,000,000 | 503,000,000 | 1,645,000,000 | 2,359,000,000 | 8,780,000,000 |
legal & general group plc Credit Report and Business Information
Legal & General Group Plc Competitor Analysis
Perform a competitor analysis for legal & general group plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2R area or any other competitors across 12 key performance metrics.
legal & general group plc Ownership
LEGAL & GENERAL GROUP PLC group structure
Legal & General Group Plc has 13 subsidiary companies.
Ultimate parent company
LEGAL & GENERAL GROUP PLC
01417162
13 subsidiaries
legal & general group plc directors
Legal & General Group Plc currently has 15 directors. The longest serving directors include Mrs Lesley Knox (Jun 2016) and Mr Philip Broadley (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lesley Knox | 71 years | Jun 2016 | - | Director | |
| Mr Philip Broadley | 64 years | Jul 2016 | - | Director | |
| Sir John Kingman | 55 years | Oct 2016 | - | Director | |
| Mr Stuart Davies | 53 years | Mar 2017 | - | Director | |
| Mrs Henrietta Baldock | England | 54 years | Oct 2018 | - | Director |
| Mr Melville Lewis | 64 years | Nov 2018 | - | Director | |
| Ms Michelle Scrimgeour | 61 years | Sep 2019 | - | Director | |
| Mr Ric Lewis | 62 years | Jun 2020 | - | Director | |
| Mr Richard Lewis | England | 62 years | Jun 2020 | - | Director |
| Mrs Nilufer Kheraj | 63 years | May 2021 | - | Director |
P&L
December 2023turnover
5b
-79%
operating profit
-719.6m
0%
gross margin
79%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3b
-0.15%
total assets
522.1b
+0.02%
cash
20.5b
-0.43%
net assets
Total assets minus all liabilities
legal & general group plc company details
company number
01417162
Type
Public limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
February 1979
age
46
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
trushelfco (no. 210) limited (February 1979)
accountant
-
auditor
KPMG LLP
address
one coleman street, london, EC2R 5AA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
legal & general group plc 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 legal & general group plc.
legal & general group plc 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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legal & general group plc Companies House Filings - See Documents
| date | description | view/download |
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