baring investment services limited

baring investment services limited Company Information

Share BARING INVESTMENT SERVICES LIMITED
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Company Number

02259590

Industry

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

 

Shareholders

baring asset management ltd

Group Structure

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Contact

Registered Address

20 old bailey, london, EC4M 7BF

baring investment services limited Estimated Valuation

£388m

Pomanda estimates the enterprise value of BARING INVESTMENT SERVICES LIMITED at £388m based on a Turnover of £211.3m and 1.84x industry multiple (adjusted for size and gross margin).

baring investment services limited Estimated Valuation

£41.3m

Pomanda estimates the enterprise value of BARING INVESTMENT SERVICES LIMITED at £41.3m based on an EBITDA of £6.1m and a 6.78x industry multiple (adjusted for size and gross margin).

baring investment services limited Estimated Valuation

£7.7m

Pomanda estimates the enterprise value of BARING INVESTMENT SERVICES LIMITED at £7.7m based on Net Assets of £5.8m and 1.31x industry multiple (adjusted for liquidity).

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Baring Investment Services Limited Overview

Baring Investment Services Limited is a live company located in london, EC4M 7BF with a Companies House number of 02259590. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 1988, it's largest shareholder is baring asset management ltd with a 100% stake. Baring Investment Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £211.3m with healthy growth in recent years.

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Baring Investment Services Limited Health Check

Pomanda's financial health check has awarded Baring Investment Services Limited a 2.5 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 Rating2.5out of 5
positive_score

4 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £211.3m, make it larger than the average company (£5.5m)

£211.3m - Baring Investment Services Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.9%)

12% - Baring Investment Services Limited

4.9% - Industry AVG

production

Production

with a gross margin of 13.8%, this company has a higher cost of product (53.6%)

13.8% - Baring Investment Services Limited

53.6% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (9.1%)

1.1% - Baring Investment Services Limited

9.1% - Industry AVG

employees

Employees

with 551 employees, this is above the industry average (14)

551 - Baring Investment Services Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £269.6k, the company has a higher pay structure (£82.7k)

£269.6k - Baring Investment Services Limited

£82.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £383.4k, this is more efficient (£224.9k)

£383.4k - Baring Investment Services Limited

£224.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Baring Investment Services Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Baring Investment Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Baring Investment Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)

0 weeks - Baring Investment Services Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (70.3%)

95.3% - Baring Investment Services Limited

70.3% - Industry AVG

BARING INVESTMENT SERVICES LIMITED financials

EXPORTms excel logo

Baring Investment Services Limited's latest turnover from December 2023 is £211.3 million and the company has net assets of £5.8 million. According to their latest financial statements, Baring Investment Services Limited has 551 employees and maintains cash reserves of £251.7 thousand 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
Turnover211,261,195181,459,759159,951,115152,209,336156,538,10397,146,17653,117,47233,458,77333,690,91933,878,36933,128,22631,299,24030,913,43830,391,87828,540,184
Other Income Or Grants000000000000000
Cost Of Sales182,157,462153,343,905134,338,028126,687,990130,654,00880,696,28743,079,46225,608,53323,386,88824,392,03724,162,56123,113,63623,366,74323,433,5120
Gross Profit29,103,73328,115,85425,613,08725,521,34625,884,09516,449,88910,038,0107,850,24010,304,0319,486,3328,965,6658,185,6047,546,6956,958,3660
Admin Expenses26,696,23326,402,89024,420,03024,727,99125,364,02015,290,7738,963,6076,884,1809,303,5708,282,3677,734,5906,845,9286,065,1606,233,314-796,588
Operating Profit2,407,5001,712,9641,193,057793,355520,0751,159,1161,074,403966,0601,000,4611,203,9651,231,0751,339,6761,481,535725,052796,588
Interest Payable34,40601,820174,6633,196279,32676,654011800000645
Interest Receivable5,332100,96313,6590332,4150713002954955651,8864,6171,325
Pre-Tax Profit2,378,4261,813,9271,204,896618,692849,294879,790998,462981,3461,009,3341,227,8361,218,5141,335,2861,454,080759,796749,999
Tax-739,8993,071234,68217,185202,928-3,414,331-316,684-295,510-313,067-301,824-395,099-519,162-483,070-315,708-240,102
Profit After Tax1,638,5271,816,9981,439,578635,8771,052,222-2,534,541681,778685,836696,267926,012823,415816,124971,010444,088509,897
Dividends Paid1,000,0002,000,00000000850,000900,000850,000750,0000000
Retained Profit638,527-183,0021,439,578635,8771,052,222-2,534,541681,778-164,164-203,73376,01273,415816,124971,010444,088509,897
Employee Costs148,524,919134,484,986121,379,922112,618,277114,086,37260,525,18212,024,80312,899,19812,957,56212,460,11212,586,34011,899,40211,507,97911,744,91411,004,681
Number Of Employees551529486479506493135152158166148148147144150
EBITDA*6,088,6035,393,0305,110,1805,199,4884,948,8955,647,8745,481,3654,012,1833,935,1823,394,1283,119,4693,433,2583,595,9622,872,0792,957,948

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets16,018,13618,579,82221,753,15125,297,12728,743,84331,101,5829,735,1239,030,05910,177,39810,431,2767,591,0867,529,5237,854,6287,479,2646,051,877
Intangible Assets000000000000000
Investments & Other6,197,1234,414,3823,329,4382,396,4122,475,627254,998327,34000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets22,215,25922,994,20425,082,58927,693,53931,219,47031,356,58010,062,4639,030,05910,177,39810,431,2767,591,0867,529,5237,854,6287,479,2646,051,877
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors89,361,66564,223,81055,849,00346,040,47742,137,28670,164,85014,437,198637,704309,976426,165439,5991,024,574341,310391,219424,055
Misc Debtors10,102,42011,147,26011,233,4489,660,1387,994,3065,273,0594,585,5835,756,6675,551,7685,963,8165,306,0335,159,6055,266,7184,740,8064,688,785
Cash251,7312,155,0483,584,7775,238,8942,565,61821,678,0362,901,0241,191,381959,693968,452852,751547,130810,097528,4851,312,431
misc current assets2,065,7081,471,4610798,805085,000000000000
total current assets101,781,52478,997,57970,667,22861,738,31452,697,21097,200,94521,923,8057,585,7526,821,4377,358,4336,598,3836,731,3096,418,1255,660,5106,425,271
total assets123,996,783101,991,78395,749,81789,431,85383,916,680128,557,52531,986,26816,615,81116,998,83517,789,70914,189,46914,260,83214,272,75313,139,77412,477,148
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts1,438,1142,253,5523,868,4821,885,596415,77331,392,1814,460,5747,467,1507,140,9087,223,8874,023,2954,061,3424,474,8242,231,3698,680,305
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities91,918,29772,533,59669,201,99366,456,30161,049,03969,903,4554,725,1605,048,8325,593,9346,098,0965,774,4605,881,1916,295,7548,377,2401,709,766
total current liabilities93,356,41174,787,14873,070,47568,341,89761,464,812101,295,6369,185,73412,515,98212,734,84213,321,9839,797,7559,942,53310,770,57810,608,60910,390,071
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities24,810,10422,012,89417,304,59917,154,79119,152,58010,282,225000000000
provisions0000014,732,59818,018,92700000000
total long term liabilities24,810,10422,012,89417,304,59917,154,79119,152,58025,014,82318,018,92700000000
total liabilities118,166,51596,800,04290,375,07485,496,68880,617,392126,310,45927,204,66112,515,98212,734,84213,321,9839,797,7559,942,53310,770,57810,608,60910,390,071
net assets5,830,2685,191,7415,374,7433,935,1653,299,2882,247,0664,781,6074,099,8294,263,9934,467,7264,391,7144,318,2993,502,1752,531,1652,087,077
total shareholders funds5,830,2685,191,7415,374,7433,935,1653,299,2882,247,0664,781,6074,099,8294,263,9934,467,7264,391,7144,318,2993,502,1752,531,1652,087,077
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,407,5001,712,9641,193,057793,355520,0751,159,1161,074,403966,0601,000,4611,203,9651,231,0751,339,6761,481,535725,052796,588
Depreciation3,681,1033,680,0663,917,1234,406,1334,428,8204,488,7584,406,9623,046,1232,934,7212,190,1631,888,3942,093,5822,114,4272,147,0272,161,360
Amortisation000000000000000
Tax-739,8993,071234,68217,185202,928-3,414,331-316,684-295,510-313,067-301,824-395,099-519,162-483,070-315,708-240,102
Stock000000000000000
Debtors24,093,0158,288,61911,381,8365,569,023-25,306,31756,415,12812,628,410532,627-528,237644,349-438,547576,151476,00319,1855,112,840
Creditors000000000000000
Accruals and Deferred Income19,384,7013,331,6032,745,6925,407,262-8,854,41665,178,295-323,672-545,102-504,162323,636-106,731-414,563-2,081,4866,667,4741,709,766
Deferred Taxes & Provisions0000-14,732,598-3,286,32918,018,92700000000
Cash flow from operations640,390439,085-3,291,2825,054,9126,871,1267,710,38110,231,5262,638,9443,646,1902,771,5913,056,1861,923,382555,4039,204,660-685,228
Investing Activities
capital expenditure-1,119,417-506,737-373,147-959,417-2,071,081-25,855,217-5,112,026-1,898,784-2,680,843-5,030,353-1,949,957-1,768,477-2,489,791-3,574,414-8,213,237
Change in Investments1,782,7411,084,944933,026-79,2152,220,629-72,342327,34000000000
cash flow from investments-2,902,158-1,591,681-1,306,173-880,202-4,291,710-25,782,875-5,439,366-1,898,784-2,680,843-5,030,353-1,949,957-1,768,477-2,489,791-3,574,414-8,213,237
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-815,438-1,614,9301,982,8861,469,823-30,976,40826,931,607-3,006,576326,242-82,9793,200,592-38,047-413,4822,243,455-6,448,9368,680,305
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities2,797,2104,708,295149,808-1,997,7898,870,35510,282,225000000000
share issue000000000000001,577,180
interest-29,074100,96311,839-174,663329,219-279,326-75,9410-1182954955651,8864,617680
cash flow from financing1,952,6983,194,3282,144,533-702,629-21,776,83436,934,506-3,082,517326,242-83,0973,200,887-37,552-412,9172,245,341-6,444,31910,258,165
cash and cash equivalents
cash-1,903,317-1,429,729-1,654,1172,673,276-19,112,41818,777,0121,709,643231,688-8,759115,701305,621-262,967281,612-783,9461,312,431
overdraft000000000000000
change in cash-1,903,317-1,429,729-1,654,1172,673,276-19,112,41818,777,0121,709,643231,688-8,759115,701305,621-262,967281,612-783,9461,312,431

baring investment services 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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Baring Investment Services Limited Competitor Analysis

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Perform a competitor analysis for baring investment services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC4M area or any other competitors across 12 key performance metrics.

baring investment services limited Ownership

BARING INVESTMENT SERVICES LIMITED group structure

Baring Investment Services Limited has no subsidiary companies.

Ultimate parent company

MASSACHUSETTS MUTUAL LIFE INSURANCE CO

#0058340

2 parents

BARING INVESTMENT SERVICES LIMITED

02259590

BARING INVESTMENT SERVICES LIMITED Shareholders

baring asset management ltd 100%

baring investment services limited directors

Baring Investment Services Limited currently has 5 directors. The longest serving directors include Ms Jill Dinerman (May 2021) and Mr Alexander Sutherland (May 2021).

officercountryagestartendrole
Ms Jill DinermanUnited Kingdom48 years May 2021- Director
Mr Alexander SutherlandUnited Kingdom51 years May 2021- Director
Mr Martin HorneUnited Kingdom53 years Jul 2023- Director
Ms Katherine GodfreyUnited Kingdom42 years Jul 2023- Director
Mrs Charlotte PhillipsUnited Kingdom47 years Oct 2024- Director

P&L

December 2023

turnover

211.3m

+16%

operating profit

2.4m

+41%

gross margin

13.8%

-11.09%

turnover

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

Balance Sheet

December 2023

net assets

5.8m

+0.12%

total assets

124m

+0.22%

cash

251.7k

-0.88%

net assets

Total assets minus all liabilities

baring investment services limited company details

company number

02259590

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

May 1988

age

36

incorporated

UK

ultimate parent company

MASSACHUSETTS MUTUAL LIFE INSURANCE CO

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

hourhurry limited (August 1988)

accountant

-

auditor

-

address

20 old bailey, london, EC4M 7BF

Bank

-

Legal Advisor

-

baring investment services 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 baring investment services limited.

baring investment services 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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baring investment services limited Companies House Filings - See Documents

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