blackrock investment management (uk) limited

blackrock investment management (uk) limited Company Information

Share BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED
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MatureMegaDeclining

Company Number

02020394

Industry

Fund management activities

 

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

 

Shareholders

blackrock group ltd

Group Structure

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Contact

Registered Address

12 throgmorton avenue, london, EC2N 2DL

blackrock investment management (uk) limited Estimated Valuation

£5.3b

Pomanda estimates the enterprise value of BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED at £5.3b based on a Turnover of £1.8b and 2.9x industry multiple (adjusted for size and gross margin).

blackrock investment management (uk) limited Estimated Valuation

£3.7b

Pomanda estimates the enterprise value of BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED at £3.7b based on an EBITDA of £342.3m and a 10.83x industry multiple (adjusted for size and gross margin).

blackrock investment management (uk) limited Estimated Valuation

£1.7b

Pomanda estimates the enterprise value of BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED at £1.7b based on Net Assets of £1.5b and 1.15x industry multiple (adjusted for liquidity).

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Blackrock Investment Management (uk) Limited Overview

Blackrock Investment Management (uk) Limited is a live company located in london, EC2N 2DL with a Companies House number of 02020394. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 1986, it's largest shareholder is blackrock group ltd with a 100% stake. Blackrock Investment Management (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.8b with declining growth in recent years.

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Blackrock Investment Management (uk) Limited Health Check

Pomanda's financial health check has awarded Blackrock Investment Management (Uk) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £1.8b, make it larger than the average company (£4.5m)

£1.8b - Blackrock Investment Management (uk) Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.1%)

-1% - Blackrock Investment Management (uk) Limited

5.1% - Industry AVG

production

Production

with a gross margin of 90.1%, this company has a lower cost of product (74.7%)

90.1% - Blackrock Investment Management (uk) Limited

74.7% - Industry AVG

profitability

Profitability

an operating margin of 17.4% make it more profitable than the average company (9.1%)

17.4% - Blackrock Investment Management (uk) Limited

9.1% - Industry AVG

employees

Employees

with 3781 employees, this is above the industry average (12)

3781 - Blackrock Investment Management (uk) Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £263.9k, the company has a higher pay structure (£127.4k)

£263.9k - Blackrock Investment Management (uk) Limited

£127.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £483.2k, this is more efficient (£300.1k)

£483.2k - Blackrock Investment Management (uk) Limited

£300.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (31 days)

20 days - Blackrock Investment Management (uk) Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 431 days, this is slower than average (47 days)

431 days - Blackrock Investment Management (uk) Limited

47 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blackrock Investment Management (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is less cash available to meet short term requirements (41 weeks)

29 weeks - Blackrock Investment Management (uk) Limited

41 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.1%, this is a higher level of debt than the average (55.2%)

64.1% - Blackrock Investment Management (uk) Limited

55.2% - Industry AVG

BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED financials

EXPORTms excel logo

Blackrock Investment Management (Uk) Limited's latest turnover from December 2023 is £1.8 billion and the company has net assets of £1.5 billion. According to their latest financial statements, Blackrock Investment Management (Uk) Limited has 3,781 employees and maintains cash reserves of £1.4 billion as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Nov 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,826,816,0001,820,405,0002,001,671,0001,897,967,0001,641,459,0001,581,715,0001,640,866,0001,260,066,0001,155,448,0001,005,097,000873,550,000749,880,000785,378,000729,754,000555,969,000
Other Income Or Grants000000000000000
Cost Of Sales180,163,000176,162,000191,229,000136,202,000119,259,000107,735,000124,521,000292,860,992251,043,139276,765,075260,396,684225,362,773253,465,406250,641,839444,775,200
Gross Profit1,646,653,0001,644,243,0001,810,442,0001,761,765,0001,522,200,0001,473,980,0001,516,345,000967,205,008904,404,861728,331,925613,153,316524,517,227531,912,594479,112,161111,193,800
Admin Expenses1,329,261,0001,316,747,0001,336,638,0001,157,682,0001,117,457,000978,614,0001,031,204,000542,942,008493,605,861428,366,925408,385,316469,385,227332,732,594259,510,161-75,331,200
Operating Profit317,392,000327,496,000473,804,000604,083,000404,743,000495,366,000485,141,000424,263,000410,799,000299,965,000204,768,00055,132,000199,180,000219,602,000186,525,000
Interest Payable61,534,00019,713,0008,749,0005,144,00016,367,00010,758,0009,491,0008,313,0006,568,0006,725,0006,312,000989,000953,000912,000136,000
Interest Receivable87,640,00034,050,00024,804,00021,524,0008,903,0004,134,0002,501,0001,565,000962,0001,672,0001,921,0001,643,0007,603,0006,977,0005,348,000
Pre-Tax Profit357,077,000359,411,000539,845,000674,525,000686,564,000539,682,000564,323,000478,520,000437,957,000323,984,000202,594,00071,857,000224,186,000231,667,000191,737,000
Tax-62,816,000-68,334,000-104,176,000-304,527,000-143,489,000-157,364,000-77,537,000-107,464,000-97,116,000-89,887,000-58,880,000-62,577,000-58,123,000-70,082,000-47,941,000
Profit After Tax294,261,000291,077,000435,669,000369,998,000543,075,000382,318,000486,786,000371,056,000340,841,000234,097,000143,714,0009,280,000166,063,000161,585,000143,796,000
Dividends Paid0275,000,0001,410,714,000531,389,000100,000,000150,000,000180,000,000250,000,000360,000,000174,000,00065,000,000131,447,00085,000,000117,000,000168,357,000
Retained Profit294,261,00016,077,000-975,045,000847,508,000443,075,000232,318,000306,786,000121,056,000-19,159,00060,097,00078,714,000-122,167,00081,063,00044,585,000-24,561,000
Employee Costs997,924,000992,159,0001,081,789,000995,577,000888,449,000676,227,000703,916,000610,480,000572,076,000521,829,000449,499,000387,199,000376,924,000313,527,000272,167,000
Number Of Employees3,7813,6663,2753,4833,4003,3123,0492,9972,9352,6322,3312,0501,8541,4091,268
EBITDA*342,263,000353,997,000502,459,000642,361,000421,766,000505,703,000494,655,000433,640,000419,422,000309,783,000216,216,00065,582,000212,319,000229,269,000191,472,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Nov 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets35,689,00043,267,0001,519,544,0001,430,575,000249,884,00064,020,00061,129,00062,575,00064,662,00068,103,00073,916,00082,518,00077,574,00018,535,00014,861,000
Intangible Assets128,339,000139,992,0004,328,0006,305,0008,340,0001,519,0002,017,0002,555,0003,092,0003,969,0003,735,0000000
Investments & Other1,322,444,0001,304,913,0001,237,479,0001,186,301,000435,719,000386,875,000312,296,000205,093,000147,314,000124,416,000122,871,000106,909,000116,888,000109,271,000109,271,000
Debtors (Due After 1 year)0036,650,00019,665,000367,159,0000000000000
Total Fixed Assets1,486,472,0001,488,172,0001,487,222,0001,417,215,0001,061,102,000452,414,000375,442,000270,223,000215,068,000196,488,000200,522,000189,427,000194,462,000127,806,000124,132,000
Stock & work in progress000000000000000
Trade Debtors104,509,000110,796,00082,107,00090,105,00091,080,000181,187,000186,157,00078,050,00034,324,00042,601,00054,641,00045,784,00034,696,00042,037,000105,399,000
Group Debtors684,171,000584,171,000634,221,0001,718,618,0001,502,371,000866,108,0001,046,323,000732,159,000802,422,000582,126,000624,981,000733,778,000595,070,000486,816,000443,551,000
Misc Debtors196,467,000158,939,000198,417,000223,239,000311,346,000247,975,000153,435,000243,501,000235,963,000135,945,000175,342,000127,147,000139,995,000151,925,00044,868,000
Cash1,351,486,0001,165,651,0001,364,863,0001,228,850,000524,198,0001,153,841,000765,872,000449,406,000121,665,000535,532,000293,207,000113,545,000126,788,000169,264,000134,020,000
misc current assets256,562,000189,134,00000000000016,00016,0003,0003,000
total current assets2,593,195,0002,208,691,0002,445,163,0003,330,769,0002,428,995,0002,449,111,0002,151,787,0001,503,116,0001,194,374,0001,296,204,0001,148,171,0001,020,270,000896,565,000850,045,000727,841,000
total assets4,079,667,0003,696,863,0003,932,385,0004,747,984,0003,490,097,0002,901,525,0002,527,229,0001,773,339,0001,409,442,0001,492,692,0001,348,693,0001,209,697,0001,091,027,000977,851,000851,973,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 212,857,000229,667,000245,141,000183,759,000156,549,000116,365,000158,776,000142,427,0000000000
Group/Directors Accounts1,631,627,0001,421,551,00000769,801,000819,727,000756,233,000413,358,000395,002,000447,635,000362,978,000442,973,000321,887,000273,096,000249,866,000
other short term finances60,657,00000000000000000
hp & lease commitments13,614,00012,937,00012,702,00011,386,00016,103,0000000000000
other current liabilities484,334,000502,972,0001,920,760,0001,769,435,000576,608,000598,864,000439,860,000420,390,000352,350,000343,749,000293,652,000243,179,000233,319,000229,387,000197,524,000
total current liabilities2,403,089,0002,167,127,0002,178,603,0001,964,580,0001,519,061,0001,534,956,0001,354,869,000976,175,000747,352,000791,384,000656,630,000686,152,000555,206,000502,483,000447,390,000
loans062,106,000819,930,0001,075,358,000139,536,000146,137,000135,467,00085,360,00073,702,00077,605,00083,197,0000000
hp & lease commitments149,746,000162,336,000175,716,000171,585,000198,790,0000000000000
Accruals and Deferred Income0062,813,00025,431,00026,771,00017,874,00023,210,00000000000
other liabilities43,241,00075,204,0000000000000000
provisions19,196,00027,849,00063,826,00050,212,00021,096,00051,529,00047,975,00049,491,00049,538,00050,754,00054,018,00061,258,00054,280,00043,941,0000
total long term liabilities212,183,000327,495,000504,691,000588,216,000393,997,000218,917,000211,736,000139,747,000127,233,000133,153,000141,280,00065,860,00057,452,00047,012,0003,348,000
total liabilities2,615,272,0002,494,622,0002,683,294,0002,552,796,0001,913,058,0001,753,873,0001,566,605,0001,115,922,000874,585,000924,537,000797,910,000752,012,000612,658,000549,495,000450,738,000
net assets1,464,395,0001,202,241,0001,249,091,0002,195,188,0001,577,039,0001,147,652,000960,624,000657,417,000534,857,000568,155,000550,783,000457,685,000478,369,000428,356,000401,235,000
total shareholders funds1,464,395,0001,202,241,0001,249,091,0002,195,188,0001,577,039,0001,147,652,000960,624,000657,417,000534,857,000568,155,000550,783,000457,685,000478,369,000428,356,000401,235,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Nov 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit317,392,000327,496,000473,804,000604,083,000404,743,000495,366,000485,141,000424,263,000410,799,000299,965,000204,768,00055,132,000199,180,000219,602,000186,525,000
Depreciation23,255,00024,732,00026,678,00036,173,00015,834,0009,839,0008,976,0008,840,0007,746,0008,933,00011,327,00010,450,00013,139,0009,667,0004,947,000
Amortisation1,616,0001,769,0001,977,0002,105,0001,189,000498,000538,000537,000877,000885,000121,0000000
Tax-62,816,000-68,334,000-104,176,000-304,527,000-143,489,000-157,364,000-77,537,000-107,464,000-97,116,000-89,887,000-58,880,000-62,577,000-58,123,000-70,082,000-47,941,000
Stock000000000000000
Debtors131,241,000-97,489,000-1,100,232,000-220,329,000976,686,000-90,645,000332,205,000-18,999,000312,037,000-94,292,000-51,745,000136,948,00088,983,00086,960,000593,818,000
Creditors-16,810,000-15,474,00061,382,00027,210,00040,184,000-42,411,00016,349,000142,427,0000000000
Accruals and Deferred Income-18,638,000-1,480,601,000188,707,0001,191,487,000-13,359,000153,668,00042,680,00068,040,0008,601,00050,097,00050,473,0009,860,0003,932,00031,863,000197,524,000
Deferred Taxes & Provisions-8,653,000-35,977,00013,614,00029,116,000-30,433,0003,554,000-1,516,000-47,000-1,216,000-3,264,000-7,240,0006,978,00010,339,00043,941,0000
Cash flow from operations104,105,000-1,148,900,0001,762,218,0001,805,976,000-702,017,000553,795,000142,426,000555,595,00017,654,000361,021,000252,314,000-117,105,00079,484,000148,031,000-252,763,000
Investing Activities
capital expenditure-5,640,0001,314,112,000-115,647,000-1,216,934,000-209,708,000-12,730,000-7,530,000-6,753,000-4,305,000-4,239,000-6,581,000-15,394,000-72,178,000-13,341,000-19,808,000
Change in Investments17,531,00067,434,00051,178,000750,582,00048,844,00074,579,000107,203,00057,779,00022,898,0001,545,00015,962,000-9,979,0007,617,0000109,271,000
cash flow from investments-23,171,0001,246,678,000-166,825,000-1,967,516,000-258,552,000-87,309,000-114,733,000-64,532,000-27,203,000-5,784,000-22,543,000-5,415,000-79,795,000-13,341,000-129,079,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts210,076,0001,421,551,0000-769,801,000-49,926,00063,494,000342,875,00018,356,000-52,633,00084,657,000-79,995,000121,086,00048,791,00023,230,000249,866,000
Other Short Term Loans 60,657,00000000000000000
Long term loans-62,106,000-757,824,000-255,428,000935,822,000-6,601,00010,670,00050,107,00011,658,000-3,903,000-5,592,00083,197,0000000
Hire Purchase and Lease Commitments-11,913,000-13,145,0005,447,000-31,922,000214,893,0000000000000
other long term liabilities-31,963,00075,204,0000000000000000
share issue-32,107,000-62,927,00028,948,000-229,359,000-13,688,000-45,290,000-3,579,0001,504,000-14,139,000-42,725,00014,384,000101,483,000-31,050,000-17,464,000425,796,000
interest26,106,00014,337,00016,055,00016,380,000-7,464,000-6,624,000-6,990,000-6,748,000-5,606,000-5,053,000-4,391,000654,0006,650,0006,065,0005,212,000
cash flow from financing158,750,000677,196,000-204,978,000-78,880,000137,214,00022,250,000382,413,00024,770,000-76,281,00031,287,00013,195,000223,223,00024,391,00011,831,000680,874,000
cash and cash equivalents
cash185,835,000-199,212,000136,013,000704,652,000-629,643,000387,969,000316,466,000327,741,000-413,867,000242,325,000179,662,000-13,243,000-42,476,00035,244,000134,020,000
overdraft000000000000000
change in cash185,835,000-199,212,000136,013,000704,652,000-629,643,000387,969,000316,466,000327,741,000-413,867,000242,325,000179,662,000-13,243,000-42,476,00035,244,000134,020,000

blackrock investment management (uk) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Blackrock Investment Management (uk) Limited Competitor Analysis

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Perform a competitor analysis for blackrock investment management (uk) 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 investment management (uk) limited Ownership

BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED group structure

Blackrock Investment Management (Uk) Limited has 1 subsidiary company.

Ultimate parent company

BLACKROCK INC

#0064143

2 parents

BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED

02020394

1 subsidiary

BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED Shareholders

blackrock group ltd 100%

blackrock investment management (uk) limited directors

Blackrock Investment Management (Uk) Limited currently has 10 directors. The longest serving directors include Mr Nicholas Charrington (Mar 2004) and Mr Edward Hart (Apr 2006).

officercountryagestartendrole
Mr Nicholas CharringtonUnited Kingdom72 years Mar 2004- Director
Mr Edward Hart71 years Apr 2006- Director
Ms Eleanor De Freitas50 years Apr 2014- Director
Mrs Margaret Young70 years Sep 2014- Director
Mrs Deborah Clarke63 years Jul 2021- Director
Mr Matthieu Duncan60 years Jul 2021- Director
Mr Matthieu Duncan60 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

1.8b

0%

operating profit

317.4m

-3%

gross margin

90.2%

-0.2%

turnover

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

Balance Sheet

December 2023

net assets

1.5b

+0.22%

total assets

4.1b

+0.1%

cash

1.4b

+0.16%

net assets

Total assets minus all liabilities

blackrock investment management (uk) limited company details

company number

02020394

Type

Private limited with Share Capital

industry

66300 - Fund management activities

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

incorporation date

May 1986

age

39

incorporated

UK

ultimate parent company

BLACKROCK INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

merrill lynch investment managers limited (October 2006)

mercury asset management ltd (September 2000)

See more

accountant

-

auditor

DELOITTE LLP

address

12 throgmorton avenue, london, EC2N 2DL

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

blackrock investment management (uk) 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 investment management (uk) limited.

blackrock investment management (uk) 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 investment management (uk) limited Companies House Filings - See Documents

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