pinebridge investments europe limited

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pinebridge investments europe limited Company Information

Share PINEBRIDGE INVESTMENTS EUROPE LIMITED

Company Number

02200753

Directors

Tracie Ahern

Kristen Smith

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Shareholders

pinebridge investments holdings us llc

Group Structure

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Industry

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

 

Registered Address

one bedford avenue, london, WC1B 3AU

pinebridge investments europe limited Estimated Valuation

£69m

Pomanda estimates the enterprise value of PINEBRIDGE INVESTMENTS EUROPE LIMITED at £69m based on a Turnover of £31.8m and 2.17x industry multiple (adjusted for size and gross margin).

pinebridge investments europe limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PINEBRIDGE INVESTMENTS EUROPE LIMITED at £0 based on an EBITDA of £-1.6m and a 7.49x industry multiple (adjusted for size and gross margin).

pinebridge investments europe limited Estimated Valuation

£67.9m

Pomanda estimates the enterprise value of PINEBRIDGE INVESTMENTS EUROPE LIMITED at £67.9m based on Net Assets of £52m and 1.31x industry multiple (adjusted for liquidity).

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Pinebridge Investments Europe Limited Overview

Pinebridge Investments Europe Limited is a live company located in london, WC1B 3AU with a Companies House number of 02200753. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 1987, it's largest shareholder is pinebridge investments holdings us llc with a 100% stake. Pinebridge Investments Europe Limited is a mature, large sized company, Pomanda has estimated its turnover at £31.8m with declining growth in recent years.

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Pinebridge Investments Europe Limited Health Check

Pomanda's financial health check has awarded Pinebridge Investments Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £31.8m, make it larger than the average company (£5.5m)

£31.8m - Pinebridge Investments Europe Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.9%)

-1% - Pinebridge Investments Europe Limited

4.9% - Industry AVG

production

Production

with a gross margin of 53.8%, this company has a comparable cost of product (53.8%)

53.8% - Pinebridge Investments Europe Limited

53.8% - Industry AVG

profitability

Profitability

an operating margin of -6.1% make it less profitable than the average company (9%)

-6.1% - Pinebridge Investments Europe Limited

9% - Industry AVG

employees

Employees

with 63 employees, this is above the industry average (14)

63 - Pinebridge Investments Europe Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £281.5k, the company has a higher pay structure (£82.6k)

£281.5k - Pinebridge Investments Europe Limited

£82.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £504.7k, this is more efficient (£223.8k)

£504.7k - Pinebridge Investments Europe Limited

£223.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (33 days)

0 days - Pinebridge Investments Europe Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (46 days)

2 days - Pinebridge Investments Europe Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pinebridge Investments Europe Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (29 weeks)

5 weeks - Pinebridge Investments Europe Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.8%, this is a similar level of debt than the average (71.4%)

70.8% - Pinebridge Investments Europe Limited

71.4% - Industry AVG

PINEBRIDGE INVESTMENTS EUROPE LIMITED financials

EXPORTms excel logo

Pinebridge Investments Europe Limited's latest turnover from December 2023 is £31.8 million and the company has net assets of £52 million. According to their latest financial statements, Pinebridge Investments Europe Limited has 63 employees and maintains cash reserves of £7.9 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
Turnover31,798,90233,971,61837,461,44933,188,43832,630,16729,162,07828,165,80324,921,34521,623,79922,842,63728,669,45918,716,66824,621,56825,984,70232,335,104
Other Income Or Grants
Cost Of Sales14,682,54614,982,20915,754,05814,341,71413,880,70612,359,65911,774,5469,636,6497,591,9918,659,39111,252,2897,802,30610,744,70811,939,389
Gross Profit17,116,35618,989,40921,707,39118,846,72418,749,46116,802,41916,391,25715,284,69614,031,80814,183,24617,417,17010,914,36213,876,86014,045,313
Admin Expenses19,053,62119,605,50319,435,61022,734,63321,793,01518,966,28719,424,48514,551,61018,688,49912,834,40214,824,22719,427,53823,666,36916,174,1032,077,514
Operating Profit-1,937,265-616,0942,271,781-3,887,909-3,043,554-2,163,868-3,033,228733,086-4,656,6911,348,8442,592,943-8,513,176-9,789,509-2,128,790-2,077,514
Interest Payable3,154,3321,265,0871,250,656400,504449,023159,508127,21326,8621602,9704,4764,711117,822
Interest Receivable3,337,5581,326,421439,864380,217255,313439,892433,848208,104133,73973,3373,6251,9282,88654,19556,749
Pre-Tax Profit4,206,913-108,992695,852625,803-4,460,123-419,7541,226,2855,738,605-5,191,3221,006,2232,633,253-8,515,959-9,919,942-2,074,595-2,163,801
Tax1,919,653-302,734-453,047-480,382-474,936-406,314-508,237-266,861-377,407-376,589-328,329-177,771-138,957-24,655234,519
Profit After Tax6,126,566-411,726242,805145,421-4,935,059-826,068718,0485,471,744-5,568,729629,6342,304,924-8,693,730-10,058,899-2,099,250-1,929,282
Dividends Paid6,243,1366,000,555
Retained Profit6,126,566-411,726242,805145,421-4,935,059-826,068718,0485,471,744-5,568,729629,6342,304,924-8,693,730-10,058,899-8,342,386-7,929,837
Employee Costs17,737,28219,922,27623,185,35820,201,35020,053,70319,480,44519,287,48418,803,39816,826,51815,236,94415,030,73614,795,81416,610,15015,140,36719,987,527
Number Of Employees6370767881827575787064727979108
EBITDA*-1,648,907-350,4502,504,693-3,740,013-2,889,315-2,010,722-2,904,044830,798-4,557,7121,521,0232,763,480-8,347,451-9,340,221-1,481,047-1,509,694

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,194,2861,348,0351,392,977252,480349,628438,454536,732408,222459,880496,679634,190529,811632,351457,257893,243
Intangible Assets
Investments & Other63,104,29361,304,68963,484,34257,828,88755,320,00142,583,79541,358,99336,204,80815,187,59012,367,55713,906,138
Debtors (Due After 1 year)2,328,144
Total Fixed Assets66,626,72362,652,72464,877,31958,081,36755,669,62943,022,24941,895,72536,613,03015,647,47012,864,23614,540,328529,811632,351457,257893,243
Stock & work in progress
Trade Debtors62,120361,1192,289,9553,217,2184,651,31529,659,2563,146,7043,645,4374,198,5562,633,9991,595,7581,176,3291,543,9861,907,7803,064,659
Group Debtors49,587,58338,149,71833,999,71731,762,84433,695,85515,490,36825,212,2829,772,78111,906,23414,618,1239,273,23111,959,3846,957,6126,878,908
Misc Debtors5,527,7935,151,2123,449,4621,598,5051,140,3084,208,2091,369,4031,831,0711,466,2571,353,5301,019,284932,8021,620,031573,892
Cash7,900,57610,278,0609,693,9046,783,6236,124,59810,020,99910,601,5604,805,7513,041,1274,396,2176,468,0314,691,4264,182,7758,352,40919,236,259
misc current assets48,620,92944,092,17834,937,37613,827,19912,759,25713,186,81213,868,89718,310,6108,712,24613,395,4422,487,9253,350,6193,405,6154,224,333
total current assets111,699,00198,032,28784,370,41457,189,38958,371,33352,867,06747,315,73853,343,48327,555,78133,798,14926,523,36719,510,88922,024,56223,062,16529,753,718
total assets178,325,724160,685,011149,247,733115,270,756114,040,96295,889,31689,211,46389,956,51343,203,25146,662,38541,063,69520,040,70022,656,91323,519,42230,646,961
Bank overdraft
Bank loan
Trade Creditors 108,58978,800745,29947,786986,494317,246298,150173,692579,017690,876522,332367,576810,091608,445713,545
Group/Directors Accounts55,974,28935,272,58127,689,34428,232,65229,723,24819,222,7569,613,26017,818,1588,584,7539,576,7483,877,9455,471,7019,101,3063,174,1831,495,200
other short term finances12,924,12812,617,03612,396,27215,303,51714,383,84515,306,519
hp & lease commitments21,57819,426
other current liabilities13,034,11321,932,14719,195,35212,596,94310,702,4429,923,49327,397,14420,587,37210,093,2626,995,8708,041,5905,413,2543,893,4034,917,3755,295,435
total current liabilities82,041,11969,900,56460,026,26756,180,89855,796,02944,770,01437,308,55438,579,22219,257,03217,263,49412,463,44511,271,95713,804,8008,700,0037,504,180
loans44,290,81845,015,23942,625,70112,728,37112,041,464
hp & lease commitments3,82627,494
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities44,290,81845,015,23942,625,70112,728,37112,041,4643,82627,494
total liabilities126,331,937114,915,803102,651,96868,909,26967,837,49344,770,01437,308,55438,579,22219,257,03217,263,49412,467,27111,299,45113,804,8008,700,0037,504,180
net assets51,993,78745,769,20846,595,76546,361,48746,203,46951,119,30251,902,90951,377,29123,946,21929,398,89128,596,4248,741,2498,852,11314,819,41923,142,781
total shareholders funds51,993,78745,769,20846,595,76546,361,48746,203,46951,119,30251,902,90951,377,29123,946,21929,398,89128,596,4248,741,2498,852,11314,819,41923,142,781
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,937,265-616,0942,271,781-3,887,909-3,043,554-2,163,868-3,033,228733,086-4,656,6911,348,8442,592,943-8,513,176-9,789,509-2,128,790-2,077,514
Depreciation288,358265,644232,912147,896154,239153,146129,18497,71298,979172,179170,537165,725449,288647,743567,820
Amortisation
Tax1,919,653-302,734-453,047-480,382-474,936-406,314-508,237-266,861-377,407-376,589-328,329-177,771-138,957-24,655234,519
Stock
Debtors13,843,5913,922,9153,160,567-2,908,9119,828,2226,813,975-7,381,84114,424,714-204,082-1,560,9216,098,567-2,967,3283,950,749-32,03610,517,459
Creditors29,789-666,499697,513-938,708669,24819,096124,458-405,325-111,859168,544154,756-442,515201,646-105,100713,545
Accruals and Deferred Income-8,898,0342,736,7956,598,4091,894,501778,949-17,473,6516,809,77210,494,1103,097,392-1,045,7202,628,3361,519,851-1,023,972-378,0605,295,435
Deferred Taxes & Provisions
Cash flow from operations-22,441,090-2,505,8036,187,001-355,691-11,744,276-26,685,56610,903,790-3,771,992-1,745,5041,828,179-880,324-4,480,558-14,252,253-1,956,826-5,783,654
Investing Activities
capital expenditure-4,669,830-2,264,850-10,332,987-2,731,976-290,261-86,658-545,798-211,756-133,574
Change in Investments1,799,604-2,179,6535,655,4552,508,88612,736,2061,224,8025,154,18521,017,2182,820,033-1,538,58113,906,138
cash flow from investments-1,799,6042,179,653-5,655,455-2,508,886-12,736,206-5,894,632-7,419,035-31,350,205-5,552,0091,538,581-14,196,399-86,658-545,798-211,756-133,574
Financing Activities
Bank loans
Group/Directors Accounts20,701,7087,583,237-543,308-1,490,59610,500,4929,609,496-8,204,8989,233,405-991,9955,698,803-1,593,756-3,629,6055,927,1231,678,9831,495,200
Other Short Term Loans 307,092220,764-2,907,245919,672-922,67415,306,519
Long term loans-724,4212,389,53829,897,330686,90712,041,464
Hire Purchase and Lease Commitments-25,404-21,51646,920
other long term liabilities
share issue98,013-414,831-8,52712,59719,22642,461-192,43021,959,328116,057172,83317,550,2518,582,8664,091,59319,02431,072,618
interest183,22661,334-810,792-20,287-193,710280,384306,635181,242133,57970,367-851-2,7832,88654,195-61,073
cash flow from financing20,565,6189,840,04225,627,458108,29321,444,79825,238,860-8,090,69331,373,975-742,3595,916,59915,934,1284,997,39810,021,6021,752,20232,506,745
cash and cash equivalents
cash-2,377,484584,1562,910,281659,025-3,896,401-580,5615,795,8091,764,624-1,355,090-2,071,8141,776,605508,651-4,169,634-10,883,85019,236,259
overdraft
change in cash-2,377,484584,1562,910,281659,025-3,896,401-580,5615,795,8091,764,624-1,355,090-2,071,8141,776,605508,651-4,169,634-10,883,85019,236,259

pinebridge investments europe 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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Pinebridge Investments Europe Limited Competitor Analysis

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Perform a competitor analysis for pinebridge investments europe limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WC1B area or any other competitors across 12 key performance metrics.

pinebridge investments europe limited Ownership

PINEBRIDGE INVESTMENTS EUROPE LIMITED group structure

Pinebridge Investments Europe Limited has no subsidiary companies.

Ultimate parent company

PINEBRIDGE INVESTMENTS HOLDINGS US LLC

#0075437

1 parent

PINEBRIDGE INVESTMENTS EUROPE LIMITED

02200753

PINEBRIDGE INVESTMENTS EUROPE LIMITED Shareholders

pinebridge investments holdings us llc 100%

pinebridge investments europe limited directors

Pinebridge Investments Europe Limited currently has 4 directors. The longest serving directors include Ms Tracie Ahern (Oct 2020) and Ms Kristen Smith (Jan 2023).

officercountryagestartendrole
Ms Tracie AhernEngland57 years Oct 2020- Director
Ms Kristen SmithEngland40 years Jan 2023- Director
Mr Michael KarpikEngland60 years Jan 2023- Director
Mr Michael SweeneyEngland64 years Mar 2023- Director

P&L

December 2023

turnover

31.8m

-6%

operating profit

-1.9m

+214%

gross margin

53.9%

-3.7%

turnover

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

Balance Sheet

December 2023

net assets

52m

+0.14%

total assets

178.3m

+0.11%

cash

7.9m

-0.23%

net assets

Total assets minus all liabilities

pinebridge investments europe limited company details

company number

02200753

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

November 1987

age

38

incorporated

UK

ultimate parent company

PINEBRIDGE INVESTMENTS HOLDINGS US LLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

aig investments europe limited (October 2009)

aig global investment corp. (europe) ltd (August 2007)

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accountant

-

auditor

ERNST & YOUNG LLP

address

one bedford avenue, london, WC1B 3AU

Bank

BARCLAYS BANK PLC

Legal Advisor

TRAVERS SMITH

pinebridge investments europe 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 found 2 charges/mortgages relating to pinebridge investments europe limited. Currently there are 2 open charges and 0 have been satisfied in the past.

pinebridge investments europe 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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pinebridge investments europe limited Companies House Filings - See Documents

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