smithkline beecham limited

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smithkline beecham limited Company Information

Share SMITHKLINE BEECHAM LIMITED

Company Number

02337959

Directors

Adam Walker

Ciara Lynch

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Shareholders

glaxosmithkline finance plc

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 +1

Registered Address

79 new oxford street, london, WC1A 1DG

smithkline beecham limited Estimated Valuation

£238.4m

Pomanda estimates the enterprise value of SMITHKLINE BEECHAM LIMITED at £238.4m based on a Turnover of £140m and 1.7x industry multiple (adjusted for size and gross margin).

smithkline beecham limited Estimated Valuation

£249.9m

Pomanda estimates the enterprise value of SMITHKLINE BEECHAM LIMITED at £249.9m based on an EBITDA of £35m and a 7.14x industry multiple (adjusted for size and gross margin).

smithkline beecham limited Estimated Valuation

£2.1b

Pomanda estimates the enterprise value of SMITHKLINE BEECHAM LIMITED at £2.1b based on Net Assets of £1.3b and 1.54x industry multiple (adjusted for liquidity).

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Smithkline Beecham Limited Overview

Smithkline Beecham Limited is a live company located in london, WC1A 1DG with a Companies House number of 02337959. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 1989, it's largest shareholder is glaxosmithkline finance plc with a 100% stake. Smithkline Beecham Limited is a mature, mega sized company, Pomanda has estimated its turnover at £140m with declining growth in recent years.

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Smithkline Beecham Limited Health Check

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

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £140m, make it larger than the average company (£27.9m)

£140m - Smithkline Beecham Limited

£27.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.8%)

-1% - Smithkline Beecham Limited

7.8% - Industry AVG

production

Production

with a gross margin of 10.7%, this company has a higher cost of product (37.4%)

10.7% - Smithkline Beecham Limited

37.4% - Industry AVG

profitability

Profitability

an operating margin of 13.6% make it more profitable than the average company (5.7%)

13.6% - Smithkline Beecham Limited

5.7% - Industry AVG

employees

Employees

with 605 employees, this is above the industry average (107)

605 - Smithkline Beecham Limited

107 - Industry AVG

paystructure

Pay Structure

on an average salary of £77.7k, the company has a higher pay structure (£56.2k)

£77.7k - Smithkline Beecham Limited

£56.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £231.4k, this is less efficient (£318.3k)

£231.4k - Smithkline Beecham Limited

£318.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Smithkline Beecham Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Smithkline Beecham Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is less than average (71 days)

17 days - Smithkline Beecham Limited

71 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Smithkline Beecham Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.8%, this is a lower level of debt than the average (57.2%)

49.8% - Smithkline Beecham Limited

57.2% - Industry AVG

SMITHKLINE BEECHAM LIMITED financials

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Smithkline Beecham Limited's latest turnover from December 2023 is £140 million and the company has net assets of £1.3 billion. According to their latest financial statements, Smithkline Beecham Limited has 605 employees and maintains cash reserves of 0 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
Turnover140,000,000121,000,000111,000,000144,000,000463,000,000291,000,000356,000,000324,000,000381,000,000503,000,000591,000,000487,000,000627,000,000815,000,000918,000,000
Other Income Or Grants
Cost Of Sales125,000,000108,000,000102,000,000170,000,000420,000,000265,000,000326,000,000296,000,000362,000,000423,000,000484,000,000404,000,000538,000,000692,000,000830,000,000
Gross Profit15,000,00013,000,0009,000,000-26,000,00043,000,00026,000,00030,000,00028,000,00019,000,00080,000,000107,000,00083,000,00089,000,000123,000,00088,000,000
Admin Expenses-4,000,0004,000,000-1,000,000-39,000,000-22,000,000-11,000,000-9,000,0005,000,000-62,000,00052,000,00039,000,00069,000,00052,000,00053,000,00057,000,000
Operating Profit19,000,0009,000,00010,000,00013,000,00065,000,00037,000,00039,000,00023,000,00081,000,00028,000,00068,000,00014,000,00037,000,00070,000,00031,000,000
Interest Payable86,000,00035,000,0007,000,00042,000,00094,000,00043,000,0005,000,0006,000,0002,000,0001,000,0003,000,0002,000,00012,000,00019,000,000
Interest Receivable26,000,00015,000,00031,000,00088,000,00012,000,0001,000,0002,000,0002,000,000
Pre-Tax Profit-41,000,000-11,000,0003,000,0002,000,00059,000,0006,000,00035,000,00019,000,00081,000,00046,000,000127,000,00040,000,000121,000,00010,884,000,00095,000,000
Tax11,000,0001,000,00017,000,000-2,000,000-8,000,000-14,000,000-13,000,000-8,000,000-12,000,000-9,000,000-21,000,000-5,000,000-14,000,000-12,000,000-4,000,000
Profit After Tax-30,000,000-10,000,00020,000,00051,000,000-8,000,00022,000,00011,000,00069,000,00037,000,000106,000,00035,000,000107,000,00010,872,000,00091,000,000
Dividends Paid4,000,00011,000,00075,000,00011,063,000,000
Retained Profit-30,000,000-10,000,00020,000,00051,000,000-12,000,00011,000,00011,000,00069,000,00037,000,000106,000,00035,000,00032,000,000-191,000,00091,000,000
Employee Costs47,000,00042,000,00045,000,00065,000,00082,000,00070,000,000110,000,00085,000,00089,000,000117,000,000155,000,000148,000,000143,000,000158,000,000175,000,000
Number Of Employees6055636418389471,0351,3331,2731,3842,0972,6062,6002,6332,8623,262
EBITDA*35,000,00023,000,00025,000,00030,000,00086,000,00068,000,000142,000,00051,000,000104,000,00061,000,000111,000,00061,000,00086,000,000130,000,000117,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets194,000,000189,000,000187,000,000183,000,000218,000,000427,000,000417,000,000470,000,000413,000,000306,000,000334,000,000437,000,000367,000,000378,000,000376,000,000
Intangible Assets1,000,0001,000,000
Investments & Other2,405,000,0002,407,000,0002,407,000,0002,387,000,0001,144,000,0002,178,000,0001,106,000,0001,090,000,0001,098,000,0001,137,000,0001,135,000,0001,122,000,0001,131,000,0001,147,000,0002,725,000,000
Debtors (Due After 1 year)6,000,000
Total Fixed Assets2,600,000,0002,597,000,0002,594,000,0002,570,000,0001,362,000,0002,605,000,0001,523,000,0001,560,000,0001,511,000,0001,449,000,0001,469,000,0001,559,000,0001,498,000,0001,525,000,0003,101,000,000
Stock & work in progress6,000,0005,000,0006,000,0007,000,0009,000,00051,000,00051,000,00054,000,00074,000,000110,000,000109,000,000124,000,000103,000,000155,000,000214,000,000
Trade Debtors
Group Debtors27,000,0001,161,000,0001,145,000,0001,223,000,0001,203,000,000895,000,000917,000,000736,000,000805,000,000248,000,000274,000,00099,000,000189,000,000155,000,000174,000,000
Misc Debtors15,000,0003,000,0005,000,0002,000,00013,000,0001,000,0003,000,00015,000,0006,000,00015,000,00017,000,00021,000,00015,000,0009,000,00013,000,000
Cash
misc current assets1,248,000,0002,000,0002,000,00092,000,000
total current assets48,000,0001,169,000,0001,156,000,0001,232,000,0002,473,000,000949,000,000973,000,000805,000,000885,000,000465,000,000400,000,000244,000,000307,000,000319,000,000401,000,000
total assets2,648,000,0003,766,000,0003,750,000,0003,802,000,0003,835,000,0003,554,000,0002,496,000,0002,365,000,0002,396,000,0001,914,000,0001,869,000,0001,803,000,0001,805,000,0001,844,000,0003,502,000,000
Bank overdraft3,000,0002,000,0002,000,0003,000,0003,000,000
Bank loan
Trade Creditors 64,000,00066,000,000114,000,000108,000,00091,000,00071,000,00052,000,000
Group/Directors Accounts1,288,000,0002,379,000,0002,346,000,0002,392,000,0002,386,000,0002,164,000,0001,092,000,000996,000,0001,015,000,000596,000,000516,000,000549,000,000605,000,000654,000,0002,110,000,000
other short term finances33,000,0007,000,000
hp & lease commitments1,000,0001,000,0001,000,0001,000,0001,000,0001,000,000
other current liabilities27,000,00021,000,00020,000,00032,000,00073,000,00042,000,00064,000,00070,000,00033,000,00035,000,00046,000,00039,000,00042,000,00035,000,00040,000,000
total current liabilities1,315,000,0002,400,000,0002,366,000,0002,424,000,0002,459,000,0002,239,000,0001,156,000,0001,066,000,0001,112,000,000698,000,000680,000,000699,000,000741,000,000764,000,0002,213,000,000
loans26,000,00028,000,000
hp & lease commitments1,000,0001,000,0002,000,0002,000,0003,000,000
Accruals and Deferred Income
other liabilities1,000,0001,000,0001,000,0001,000,0002,000,0005,000,0003,000,0004,000,0002,000,000
provisions4,000,0006,000,00011,000,00025,000,00023,000,00014,000,00029,000,0009,000,0007,000,0008,000,00019,000,00038,000,00033,000,00054,000,00071,000,000
total long term liabilities4,000,0006,000,00011,000,00025,000,00023,000,00014,000,00030,000,00010,000,0008,000,00010,000,00022,000,00043,000,00038,000,00086,000,000104,000,000
total liabilities1,319,000,0002,406,000,0002,377,000,0002,449,000,0002,482,000,0002,253,000,0001,186,000,0001,076,000,0001,120,000,000708,000,000702,000,000742,000,000779,000,000850,000,0002,317,000,000
net assets1,329,000,0001,360,000,0001,373,000,0001,353,000,0001,353,000,0001,301,000,0001,310,000,0001,289,000,0001,276,000,0001,206,000,0001,167,000,0001,061,000,0001,026,000,000994,000,0001,185,000,000
total shareholders funds1,329,000,0001,360,000,0001,373,000,0001,353,000,0001,353,000,0001,301,000,0001,310,000,0001,289,000,0001,276,000,0001,206,000,0001,167,000,0001,061,000,0001,026,000,000994,000,0001,185,000,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit19,000,0009,000,00010,000,00013,000,00065,000,00037,000,00039,000,00023,000,00081,000,00028,000,00068,000,00014,000,00037,000,00070,000,00031,000,000
Depreciation16,000,00014,000,00015,000,00017,000,00021,000,00031,000,000103,000,00028,000,00023,000,00033,000,00043,000,00047,000,00049,000,00060,000,00086,000,000
Amortisation
Tax11,000,0001,000,00017,000,000-2,000,000-8,000,000-14,000,000-13,000,000-8,000,000-12,000,000-9,000,000-21,000,000-5,000,000-14,000,000-12,000,000-4,000,000
Stock1,000,000-1,000,000-1,000,000-2,000,000-42,000,000-3,000,000-20,000,000-36,000,0001,000,000-15,000,00021,000,000-52,000,000-59,000,000214,000,000
Debtors-1,122,000,00014,000,000-75,000,0009,000,000320,000,000-24,000,000169,000,000-60,000,000542,000,000-22,000,000171,000,000-84,000,00040,000,000-23,000,000187,000,000
Creditors-64,000,000-2,000,000-48,000,0006,000,00017,000,00020,000,00019,000,00052,000,000
Accruals and Deferred Income6,000,0001,000,000-12,000,000-41,000,00031,000,000-22,000,000-6,000,00037,000,000-2,000,000-11,000,0007,000,000-3,000,0007,000,000-5,000,00040,000,000
Deferred Taxes & Provisions-2,000,000-5,000,000-14,000,0002,000,0009,000,000-15,000,00020,000,0002,000,000-1,000,000-11,000,000-19,000,0005,000,000-21,000,000-17,000,00071,000,000
Cash flow from operations1,171,000,0007,000,00092,000,000-18,000,000-160,000,00041,000,000-23,000,00098,000,000-419,000,0003,000,000-72,000,000138,000,00090,000,000197,000,000-125,000,000
Investing Activities
capital expenditure-21,000,000-17,000,000-19,000,00018,000,000188,000,000-41,000,000-50,000,000-85,000,000-130,000,000-5,000,00060,000,000-117,000,000-38,000,000-62,000,000-462,000,000
Change in Investments-2,000,00020,000,0001,243,000,000-1,034,000,0001,072,000,00016,000,000-8,000,000-39,000,0002,000,00013,000,000-9,000,000-16,000,000-1,578,000,0002,725,000,000
cash flow from investments-19,000,000-17,000,000-39,000,000-1,225,000,0001,222,000,000-1,113,000,000-66,000,000-77,000,000-91,000,000-7,000,00047,000,000-108,000,000-22,000,0001,516,000,000-3,187,000,000
Financing Activities
Bank loans
Group/Directors Accounts-1,091,000,00033,000,000-46,000,0006,000,000222,000,0001,072,000,00096,000,000-19,000,000419,000,00080,000,000-33,000,000-56,000,000-49,000,000-1,456,000,0002,110,000,000
Other Short Term Loans -33,000,00033,000,000-7,000,0007,000,000
Long term loans-26,000,000-2,000,00028,000,000
Hire Purchase and Lease Commitments-2,000,0001,000,000-2,000,000-1,000,0004,000,000
other long term liabilities-1,000,000-1,000,000-3,000,0002,000,000-1,000,0002,000,0002,000,000
share issue-1,000,000-3,000,0001,000,0003,000,00010,000,0002,000,0001,000,0002,000,0001,094,000,000
interest-60,000,000-20,000,000-7,000,000-11,000,000-6,000,000-31,000,000-4,000,000-4,000,000-1,000,000-3,000,000-2,000,000-12,000,000-19,000,000
cash flow from financing-1,152,000,00010,000,000-53,000,000-5,000,000184,000,0001,076,000,000102,000,000-21,000,000418,000,00081,000,000-36,000,000-59,000,000-78,000,000-1,476,000,0003,226,000,000
cash and cash equivalents
cash
overdraft-3,000,0001,000,000-1,000,0003,000,000
change in cash3,000,000-1,000,0001,000,000-3,000,000

smithkline beecham 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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Smithkline Beecham Limited Competitor Analysis

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Perform a competitor analysis for smithkline beecham limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in WC1A area or any other competitors across 12 key performance metrics.

smithkline beecham limited directors

Smithkline Beecham Limited currently has 5 directors. The longest serving directors include Mr Adam Walker (May 2019) and Mrs Ciara Lynch (Mar 2020).

officercountryagestartendrole
Mr Adam WalkerEngland57 years May 2019- Director
Mrs Ciara LynchEngland56 years Mar 2020- Director
Mr Richard Latchford45 years Sep 2021- Director
Mr Dmytro OliinykUnited Kingdom41 years Feb 2022- Director
Mr Dmytro OliinykUnited Kingdom41 years Feb 2022- Director

P&L

December 2023

turnover

140m

+16%

operating profit

19m

+111%

gross margin

10.8%

-0.27%

turnover

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

Balance Sheet

December 2023

net assets

1.3b

-0.02%

total assets

2.6b

-0.3%

cash

0

0%

net assets

Total assets minus all liabilities

smithkline beecham limited company details

company number

02337959

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

21100 - Manufacture of basic pharmaceutical products

incorporation date

January 1989

age

36

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

smithkline beecham p.l.c. (October 2009)

goldslot public limited company (April 1989)

accountant

-

auditor

DELOITTE LLP

address

79 new oxford street, london, WC1A 1DG

Bank

HSBC BANK PLC

Legal Advisor

-

smithkline beecham 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 1 charges/mortgages relating to smithkline beecham limited. Currently there are 1 open charges and 0 have been satisfied in the past.

smithkline beecham 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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smithkline beecham limited Companies House Filings - See Documents

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