credit suisse asset management limited

credit suisse asset management limited Company Information

Share CREDIT SUISSE ASSET MANAGEMENT LIMITED
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MatureLargeLow

Company Number

01688075

Industry

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

 

Directors

Marc Berryman

Ian Hale

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Shareholders

ubs asset management holding ltd

Group Structure

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Contact

Registered Address

5 broadgate, london, EC2M 2QS

credit suisse asset management limited Estimated Valuation

£303.8m

Pomanda estimates the enterprise value of CREDIT SUISSE ASSET MANAGEMENT LIMITED at £303.8m based on a Turnover of £79.2m and 3.83x industry multiple (adjusted for size and gross margin).

credit suisse asset management limited Estimated Valuation

£290.5m

Pomanda estimates the enterprise value of CREDIT SUISSE ASSET MANAGEMENT LIMITED at £290.5m based on an EBITDA of £20.5m and a 14.15x industry multiple (adjusted for size and gross margin).

credit suisse asset management limited Estimated Valuation

£267.9m

Pomanda estimates the enterprise value of CREDIT SUISSE ASSET MANAGEMENT LIMITED at £267.9m based on Net Assets of £203.9m and 1.31x industry multiple (adjusted for liquidity).

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Credit Suisse Asset Management Limited Overview

Credit Suisse Asset Management Limited is a live company located in london, EC2M 2QS with a Companies House number of 01688075. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 1982, it's largest shareholder is ubs asset management holding ltd with a 100% stake. Credit Suisse Asset Management Limited is a mature, large sized company, Pomanda has estimated its turnover at £79.2m with low growth in recent years.

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Credit Suisse Asset Management Limited Health Check

Pomanda's financial health check has awarded Credit Suisse Asset Management 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

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £79.2m, make it larger than the average company (£5.5m)

£79.2m - Credit Suisse Asset Management Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.9%)

3% - Credit Suisse Asset Management Limited

4.9% - Industry AVG

production

Production

with a gross margin of 85.7%, this company has a lower cost of product (54%)

85.7% - Credit Suisse Asset Management Limited

54% - Industry AVG

profitability

Profitability

an operating margin of 25.9% make it more profitable than the average company (9.1%)

25.9% - Credit Suisse Asset Management Limited

9.1% - Industry AVG

employees

Employees

with 70 employees, this is above the industry average (14)

70 - Credit Suisse Asset Management Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £653.8k, the company has a higher pay structure (£82.7k)

£653.8k - Credit Suisse Asset Management Limited

£82.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£224.3k)

£1.1m - Credit Suisse Asset Management Limited

£224.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (33 days)

73 days - Credit Suisse Asset Management Limited

33 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Credit Suisse Asset Management Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Credit Suisse Asset Management Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (30 weeks)

37 weeks - Credit Suisse Asset Management Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.7%, this is a lower level of debt than the average (70.1%)

60.7% - Credit Suisse Asset Management Limited

70.1% - Industry AVG

CREDIT SUISSE ASSET MANAGEMENT LIMITED financials

EXPORTms excel logo

Credit Suisse Asset Management Limited's latest turnover from December 2023 is £79.2 million and the company has net assets of £203.9 million. According to their latest financial statements, Credit Suisse Asset Management Limited has 70 employees and maintains cash reserves of £223.4 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
Turnover79,227,00062,369,00084,237,00071,538,00073,332,000065,921,00047,754,000912,000271,000154,00049,976,00047,875,0004,282,0002,316,000
Other Income Or Grants000000000000000
Cost Of Sales11,348,00024,429,00035,790,82231,227,12431,885,3740781,000375,000101,000132,000165,00020,815,98520,897,0551,970,6850
Gross Profit67,879,00037,940,00048,446,17840,310,87641,446,626065,140,00047,379,000811,000139,000-11,00029,160,01526,977,9452,311,3150
Admin Expenses47,349,11030,339,32720,241,2171,697,1596,860,645-29,161,54038,190,55733,151,654-56,175-14,382,9284,825,18528,217,02720,475,54614,481,302-65,939,943
Operating Profit20,529,8907,600,67328,204,96138,613,71734,585,98129,161,54026,949,44314,227,346867,17514,521,928-4,836,185942,9886,502,399-12,169,98765,939,943
Interest Payable000001,138,00000000356,395000
Interest Receivable000005,878,00000000480,5130571,988285,058
Pre-Tax Profit2,079,000-14,064,00013,077,00026,591,00024,389,00020,960,00021,808,00012,273,000547,00011,052,000-7,103,000-964,0005,955,000-11,650,000-12,027,000
Tax-776,0002,521,000-1,138,000-4,727,000-4,742,000-3,947,000-4,325,000-2,787,000-203,000-86,0002,207,0001,775,000-1,035,00052,000-7,711,000
Profit After Tax1,303,000-11,543,00011,939,00021,864,00019,647,00017,013,00017,483,0009,486,000344,00010,966,000-4,896,000811,0004,920,000-11,598,000-19,738,000
Dividends Paid000000000000000
Retained Profit1,489,000-8,524,00011,939,00021,864,00019,647,00017,013,00017,483,0009,486,000344,00010,966,000-4,896,000811,0004,920,000-11,598,00047,682,000
Employee Costs45,769,00038,260,00056,843,00034,375,0004,325,9523,745,74636,036,00030,084,00013,159,0000014,287,000000
Number Of Employees70787066595257626321238230230
EBITDA*20,529,8907,600,67328,204,96138,613,71734,585,98129,161,54026,949,44314,227,346867,17514,521,928-4,836,185942,9886,502,399-12,169,98765,939,943

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets280,142,000263,686,000239,432,00000000000909,0000172,000178,000
Intangible Assets000000000000000
Investments & Other271,433,000253,306,000227,756,000000000000000
Debtors (Due After 1 year)4,902,0005,190,0005,838,000000000000000
Total Fixed Assets276,335,000258,496,000233,594,00000000000909,0000172,000178,000
Stock & work in progress000000000000000
Trade Debtors15,997,00018,859,0009,164,0007,833,0004,575,0004,785,0004,707,0002,856,0003,179,0003,137,0004,307,0000000
Group Debtors2,864,00014,906,00015,854,00015,729,00023,990,00012,927,00018,272,00010,282,0005,908,00013,127,00025,802,000030,425,00000
Misc Debtors04,994,0001,564,00000000000010,804,00000
Cash223,387,000208,523,000241,536,000223,325,000194,314,000185,390,000169,708,000136,285,000129,738,000135,663,000115,257,000105,919,00086,286,000114,772,000114,023,000
misc current assets000196,551,000179,277,000161,338,000114,835,00088,710,00027,809,00014,242,0003,115,0000159,00000
total current assets242,248,000247,282,000268,118,000447,010,000405,142,000364,440,000307,522,000238,133,000166,634,000166,169,000148,481,000143,818,000127,674,000122,448,000126,822,000
total assets518,583,000505,778,000501,712,000447,010,000405,142,000364,440,000307,522,000238,133,000166,634,000166,169,000148,481,000144,727,000127,674,000122,620,000127,000,000
Bank overdraft000001,000526,0000174,0002,721,00018,854,000010,966,00000
Bank loan04,0000000000000000
Trade Creditors 000000000068,00021,185,00000766,000
Group/Directors Accounts0003,643,00000000027,185,0000000
other short term finances270,543,000260,692,000244,582,000204,907,000182,960,000165,315,000115,327,00072,777,00013,525,00017,447,00000000
hp & lease commitments000000000000000
other current liabilities37,128,00028,617,00033,100,00039,446,00045,032,00041,621,00051,016,00042,186,00039,251,00032,661,0000010,249,00000
total current liabilities307,671,000289,313,000277,682,000247,996,000227,992,000206,937,000166,869,000114,963,00052,950,00052,829,00046,107,00037,457,00021,215,00021,081,00013,863,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities6,994,00014,036,00013,077,000000000000000
provisions000000000000000
total long term liabilities6,994,00014,036,00013,077,000000000000000
total liabilities314,665,000303,349,000290,759,000247,996,000227,992,000206,937,000166,869,000114,963,00052,950,00052,829,00046,107,00037,457,00021,215,00021,081,00013,863,000
net assets203,918,000202,429,000210,953,000199,014,000177,150,000157,503,000140,653,000123,170,000113,684,000113,340,000102,374,000107,270,000106,459,000101,539,000113,137,000
total shareholders funds203,918,000202,429,000210,953,000199,014,000177,150,000157,503,000140,653,000123,170,000113,684,000113,340,000102,374,000107,270,000106,459,000101,539,000113,137,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit20,529,8907,600,67328,204,96138,613,71734,585,98129,161,54026,949,44314,227,346867,17514,521,928-4,836,185942,9886,502,399-12,169,98765,939,943
Depreciation000000000000000
Amortisation000000000000000
Tax-776,0002,521,000-1,138,000-4,727,000-4,742,000-3,947,000-4,325,000-2,787,000-203,000-86,0002,207,0001,775,000-1,035,00052,000-7,711,000
Stock000000000000000
Debtors-20,186,00011,529,0008,858,000-5,003,00010,853,000-5,267,0009,841,0004,051,000-7,177,000-13,845,00030,109,000-41,229,00041,229,00000
Creditors000000000-68,000-21,117,00021,185,0000-766,000766,000
Accruals and Deferred Income8,511,000-4,483,000-6,346,000-5,586,0003,411,000-9,395,0008,830,0002,935,0006,590,00032,661,0000-10,249,00010,249,00000
Deferred Taxes & Provisions000000000000000
Cash flow from operations48,450,890-5,890,32711,862,96133,303,71722,401,98121,086,54021,613,44310,324,34614,431,17560,873,928-53,855,18554,882,988-25,512,601-12,883,98758,994,943
Investing Activities
capital expenditure-16,456,000-24,254,000-239,432,0000000000909,000-909,000172,0006,000-178,000
Change in Investments18,127,00025,550,000227,756,000000000000000
cash flow from investments-34,583,000-49,804,000-467,188,0000000000909,000-909,000172,0006,000-178,000
Financing Activities
Bank loans-4,0004,0000000000000000
Group/Directors Accounts00-3,643,0003,643,00000000-27,185,00027,185,0000000
Other Short Term Loans 9,851,00016,110,00039,675,00021,947,00017,645,00049,988,00042,550,00059,252,000-3,922,00017,447,00000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-7,042,000959,00013,077,000000000000000
share issue00000-163,0000000000065,455,000
interest000004,740,00000000124,1180571,988285,058
cash flow from financing2,805,00017,073,00049,109,00025,590,00017,645,00054,565,00042,550,00059,252,000-3,922,000-9,738,00027,185,000124,1180571,98865,740,058
cash and cash equivalents
cash14,864,000-33,013,00018,211,00029,011,0008,924,00015,682,00033,423,0006,547,000-5,925,00020,406,0009,338,00019,633,000-28,486,000749,000114,023,000
overdraft0000-1,000-525,000526,000-174,000-2,547,000-16,133,00018,854,000-10,966,00010,966,00000
change in cash14,864,000-33,013,00018,211,00029,011,0008,925,00016,207,00032,897,0006,721,000-3,378,00036,539,000-9,516,00030,599,000-39,452,000749,000114,023,000

credit suisse asset management 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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Credit Suisse Asset Management Limited Competitor Analysis

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Perform a competitor analysis for credit suisse asset management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2M area or any other competitors across 12 key performance metrics.

credit suisse asset management limited Ownership

CREDIT SUISSE ASSET MANAGEMENT LIMITED group structure

Credit Suisse Asset Management Limited has no subsidiary companies.

Ultimate parent company

UBS GROUP AG

#0088471

2 parents

CREDIT SUISSE ASSET MANAGEMENT LIMITED

01688075

CREDIT SUISSE ASSET MANAGEMENT LIMITED Shareholders

ubs asset management holding ltd 100%

credit suisse asset management limited directors

Credit Suisse Asset Management Limited currently has 4 directors. The longest serving directors include Mr Marc Berryman (Sep 2020) and Mr Ian Hale (Oct 2022).

officercountryagestartendrole
Mr Marc Berryman43 years Sep 2020- Director
Mr Ian HaleEngland58 years Oct 2022- Director
Mr Justin GillottUnited Kingdom52 years Jan 2023- Director
Mr Keith Jecks67 years May 2024- Director

P&L

December 2023

turnover

79.2m

+27%

operating profit

20.5m

0%

gross margin

85.7%

+40.84%

turnover

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

Balance Sheet

December 2023

net assets

203.9m

+0.01%

total assets

518.6m

+0.03%

cash

223.4m

+0.07%

net assets

Total assets minus all liabilities

credit suisse asset management limited company details

company number

01688075

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

December 1982

age

42

incorporated

UK

ultimate parent company

UBS GROUP AG

accounts

Full Accounts

last accounts submitted

December 2023

previous names

credit suisse investment management limited (December 1996)

cs first boston investment management limited (July 1995)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

5 broadgate, london, EC2M 2QS

Bank

-

Legal Advisor

-

credit suisse asset management 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 credit suisse asset management limited.

credit suisse asset management 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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credit suisse asset management limited Companies House Filings - See Documents

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