santander financial services plc
santander financial services plc Company Information
Company Number
02338548
Next Accounts
Jun 2025
Shareholders
santander uk group holdings plc
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
+1Registered Address
2 triton square, regent's place, london, NW1 3AN
Website
http://santander.co.uksantander financial services plc Estimated Valuation
Pomanda estimates the enterprise value of SANTANDER FINANCIAL SERVICES PLC at £501.3m based on a Turnover of £258.8m and 1.94x industry multiple (adjusted for size and gross margin).
santander financial services plc Estimated Valuation
Pomanda estimates the enterprise value of SANTANDER FINANCIAL SERVICES PLC at £0 based on an EBITDA of £-106.6m and a 9.12x industry multiple (adjusted for size and gross margin).
santander financial services plc Estimated Valuation
Pomanda estimates the enterprise value of SANTANDER FINANCIAL SERVICES PLC at £605.5m based on Net Assets of £355m and 1.71x industry multiple (adjusted for liquidity).
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Santander Financial Services Plc Overview
Santander Financial Services Plc is a live company located in london, NW1 3AN with a Companies House number of 02338548. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 1989, it's largest shareholder is santander uk group holdings plc with a 100% stake. Santander Financial Services Plc is a mature, mega sized company, Pomanda has estimated its turnover at £258.8m with rapid growth in recent years.
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Santander Financial Services Plc Health Check
Pomanda's financial health check has awarded Santander Financial Services Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £258.8m, make it larger than the average company (£12.9m)
£258.8m - Santander Financial Services Plc
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 91%, show it is growing at a faster rate (6.2%)
91% - Santander Financial Services Plc
6.2% - Industry AVG
Production
with a gross margin of 43.8%, this company has a comparable cost of product (43.8%)
43.8% - Santander Financial Services Plc
43.8% - Industry AVG
Profitability
an operating margin of -42% make it less profitable than the average company (7.5%)
-42% - Santander Financial Services Plc
7.5% - Industry AVG
Employees
with 157 employees, this is above the industry average (62)
157 - Santander Financial Services Plc
62 - Industry AVG
Pay Structure
on an average salary of £76.4k, the company has an equivalent pay structure (£66.3k)
£76.4k - Santander Financial Services Plc
£66.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£214.7k)
£1.6m - Santander Financial Services Plc
£214.7k - Industry AVG
Debtor Days
it gets paid by customers after 5986 days, this is later than average (39 days)
5986 days - Santander Financial Services Plc
39 days - Industry AVG
Creditor Days
its suppliers are paid after 15619 days, this is slower than average (44 days)
15619 days - Santander Financial Services Plc
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Santander Financial Services Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (22 weeks)
19 weeks - Santander Financial Services Plc
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (63.4%)
94.6% - Santander Financial Services Plc
63.4% - Industry AVG
SANTANDER FINANCIAL SERVICES PLC financials
Santander Financial Services Plc's latest turnover from December 2023 is £258.8 million and the company has net assets of £355 million. According to their latest financial statements, Santander Financial Services Plc has 157 employees and maintains cash reserves of £2.3 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 258,800,000 | 132,400,000 | 66,000,000 | 37,300,000 | 66,700,000 | 16,500,000 | 8,000,000 | 1,070,000,000 | 1,609,000,000 | 2,939,000,000 | 3,210,000,000 | 4,293,000,000 | 3,734,000,000 | 3,535,000,000 | 4,080,000,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 456,000,000 | ||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -3,000,000 | 35,700,000 | 24,300,000 | -27,100,000 | -4,100,000 | 1,400,000 | -700,000 | 267,000,000 | 345,000,000 | 138,000,000 | 163,000,000 | 332,000,000 | 268,000,000 | 609,000,000 | 456,000,000 |
| Tax | 15,000,000 | 4,000,000 | 2,400,000 | 15,500,000 | -2,600,000 | 17,800,000 | 132,400,000 | -86,000,000 | -79,000,000 | -17,000,000 | 1,000,000 | -68,000,000 | -104,000,000 | -149,000,000 | -78,000,000 |
| Profit After Tax | 12,000,000 | 39,700,000 | 26,700,000 | -11,600,000 | -6,700,000 | 19,200,000 | 131,700,000 | 181,000,000 | 266,000,000 | 121,000,000 | 164,000,000 | 264,000,000 | 164,000,000 | 460,000,000 | 378,000,000 |
| Dividends Paid | 6,000,000 | 65,000,000 | 10,000,000 | 3,546,000,000 | 750,000,000 | ||||||||||
| Retained Profit | 6,000,000 | -25,300,000 | 26,700,000 | -11,600,000 | -16,700,000 | -3,526,800,000 | 131,700,000 | 181,000,000 | 266,000,000 | 121,000,000 | -586,000,000 | 264,000,000 | 164,000,000 | 460,000,000 | 378,000,000 |
| Employee Costs | 12,000,000 | 11,600,000 | 10,500,000 | 8,400,000 | 6,300,000 | 2,300,000 | 2,200,000 | 156,000,000 | 162,000,000 | 167,000,000 | 124,000,000 | 139,000,000 | 147,000,000 | 147,000,000 | 109,000,000 |
| Number Of Employees | 157 | 157 | 141 | 103 | 72 | 667 | 574 | 721 | |||||||
| EBITDA* | 456,000,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,000,000 | 18,000,000 | 13,000,000 | 13,000,000 | 9,000,000 | 16,000,000 | 331,000,000 | 1,198,000,000 | 1,701,000,000 | 34,308,000,000 | 57,422,000,000 | 67,191,000,000 | 74,332,000,000 | 79,424,000,000 | 124,892,000,000 |
| Intangible Assets | 1,000,000 | 2,000,000 | 3,000,000 | 46,000,000 | 35,000,000 | 25,000,000 | 13,000,000 | 8,000,000 | 7,000,000 | 3,000,000 | 26,000,000 | 8,000,000 | |||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 26,000,000 | 18,000,000 | 13,000,000 | 14,000,000 | 11,000,000 | 19,000,000 | 377,000,000 | 1,233,000,000 | 1,726,000,000 | 34,321,000,000 | 57,430,000,000 | 67,198,000,000 | 74,335,000,000 | 79,450,000,000 | 124,900,000,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,245,000,000 | 4,546,000,000 | 4,216,000,000 | 4,382,000,000 | 1,504,000,000 | 1,633,000,000 | 74,334,000,000 | 84,890,000,000 | 104,668,000,000 | 67,620,000,000 | 146,806,000,000 | 150,322,000,000 | 138,701,000,000 | 168,617,000,000 | 157,428,000,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 2,308,000,000 | 2,445,000,000 | 2,355,000,000 | 2,288,000,000 | 5,215,000,000 | 4,433,000,000 | 5,128,000,000 | 3,517,000,000 | 2,279,000,000 | 4,460,000,000 | 4,911,000,000 | 388,000,000 | 7,013,000,000 | 5,088,000,000 | 448,000,000 |
| misc current assets | 6,000,000 | ||||||||||||||
| total current assets | 6,564,000,000 | 6,999,000,000 | 6,576,000,000 | 6,675,000,000 | 6,722,000,000 | 6,069,000,000 | 79,712,000,000 | 88,571,000,000 | 107,141,000,000 | 73,148,000,000 | 151,897,000,000 | 150,714,000,000 | 145,757,000,000 | 173,810,000,000 | 157,946,000,000 |
| total assets | 6,590,000,000 | 7,017,000,000 | 6,589,000,000 | 6,689,000,000 | 6,733,000,000 | 6,088,000,000 | 80,089,000,000 | 89,804,000,000 | 108,867,000,000 | 107,469,000,000 | 209,327,000,000 | 217,912,000,000 | 220,092,000,000 | 253,260,000,000 | 282,846,000,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,223,000,000 | 6,635,000,000 | 6,237,000,000 | 6,357,000,000 | 6,374,000,000 | 5,653,000,000 | 75,922,000,000 | 85,689,000,000 | 104,898,000,000 | 97,125,000,000 | 144,276,000,000 | 150,717,000,000 | 157,332,000,000 | 188,403,000,000 | 197,563,000,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 6,232,000,000 | 6,664,000,000 | 6,261,000,000 | 6,377,000,000 | 6,409,000,000 | 5,736,000,000 | 76,189,000,000 | 86,032,000,000 | 105,165,000,000 | 97,643,000,000 | 144,867,000,000 | 151,061,000,000 | 157,803,000,000 | 188,968,000,000 | 197,877,000,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 3,000,000 | 2,000,000 | 2,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 18,000,000 | 15,000,000 | 59,000,000 | 6,445,000,000 | 61,292,000,000 | 63,056,000,000 | 58,762,000,000 | 60,929,000,000 | 81,466,000,000 |
| total liabilities | 6,235,000,000 | 6,666,000,000 | 6,263,000,000 | 6,382,000,000 | 6,414,000,000 | 5,742,000,000 | 76,207,000,000 | 86,047,000,000 | 105,224,000,000 | 104,088,000,000 | 206,159,000,000 | 214,117,000,000 | 216,565,000,000 | 249,897,000,000 | 279,343,000,000 |
| net assets | 355,000,000 | 351,000,000 | 326,000,000 | 307,000,000 | 319,000,000 | 346,000,000 | 3,882,000,000 | 3,757,000,000 | 3,643,000,000 | 3,381,000,000 | 3,168,000,000 | 3,795,000,000 | 3,527,000,000 | 3,363,000,000 | 3,503,000,000 |
| total shareholders funds | 355,000,000 | 351,000,000 | 326,000,000 | 307,000,000 | 319,000,000 | 346,000,000 | 3,882,000,000 | 3,757,000,000 | 3,643,000,000 | 3,381,000,000 | 3,168,000,000 | 3,795,000,000 | 3,527,000,000 | 3,363,000,000 | 3,503,000,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 456,000,000 | ||||||||||||||
| Depreciation | 2,200,000 | 1,300,000 | |||||||||||||
| Amortisation | |||||||||||||||
| Tax | 15,000,000 | 4,000,000 | 2,400,000 | 15,500,000 | -2,600,000 | 17,800,000 | 132,400,000 | -86,000,000 | -79,000,000 | -17,000,000 | 1,000,000 | -68,000,000 | -104,000,000 | -149,000,000 | -78,000,000 |
| Stock | |||||||||||||||
| Debtors | -301,000,000 | 330,000,000 | -166,000,000 | 2,878,000,000 | -129,000,000 | -72,701,000,000 | -10,556,000,000 | -19,778,000,000 | 37,048,000,000 | -79,186,000,000 | -3,516,000,000 | 11,621,000,000 | -29,916,000,000 | 11,189,000,000 | 157,428,000,000 |
| Creditors | -412,000,000 | 398,000,000 | -120,000,000 | -17,000,000 | 721,000,000 | -70,269,000,000 | -9,767,000,000 | -19,209,000,000 | 7,773,000,000 | -47,151,000,000 | -6,441,000,000 | -6,615,000,000 | -31,071,000,000 | -9,160,000,000 | 197,563,000,000 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -137,000,000 | 90,000,000 | 67,000,000 | -2,927,000,000 | 782,000,000 | -695,000,000 | 1,611,000,000 | 1,238,000,000 | -2,181,000,000 | -451,000,000 | 4,523,000,000 | -6,625,000,000 | 1,925,000,000 | 4,640,000,000 | 448,000,000 |
| overdraft | |||||||||||||||
| change in cash | -137,000,000 | 90,000,000 | 67,000,000 | -2,927,000,000 | 782,000,000 | -695,000,000 | 1,611,000,000 | 1,238,000,000 | -2,181,000,000 | -451,000,000 | 4,523,000,000 | -6,625,000,000 | 1,925,000,000 | 4,640,000,000 | 448,000,000 |
santander financial services plc Credit Report and Business Information
Santander Financial Services Plc Competitor Analysis
Perform a competitor analysis for santander financial services plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in NW1 area or any other competitors across 12 key performance metrics.
santander financial services plc Ownership
SANTANDER FINANCIAL SERVICES PLC group structure
Santander Financial Services Plc has 4 subsidiary companies.
Ultimate parent company
BANCO SANTANDER SA
#0059846
2 parents
SANTANDER FINANCIAL SERVICES PLC
02338548
4 subsidiaries
santander financial services plc directors
Santander Financial Services Plc currently has 8 directors. The longest serving directors include Mr James Pountney (Oct 2020) and Mr Antonio Ortuno (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Pountney | Jersey | 50 years | Oct 2020 | - | Director |
| Mr Antonio Ortuno | United Kingdom | 55 years | Oct 2020 | - | Director |
| Ms Jennifer Houghton | United Kingdom | 63 years | Oct 2020 | - | Director |
| Ms Jennifer Houghton | United Kingdom | 63 years | Oct 2020 | - | Director |
| Mr Richard Settle | Jersey | 53 years | Dec 2020 | - | Director |
| Mrs Helen Hatton | United Kingdom | 68 years | Dec 2020 | - | Director |
| Mr Raul Pou | 51 years | May 2023 | - | Director | |
| Mrs Susan Bridge | 52 years | Jul 2024 | - | Director |
P&L
December 2023turnover
258.8m
+95%
operating profit
-108.8m
0%
gross margin
43.9%
-1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
355m
+0.01%
total assets
6.6b
-0.06%
cash
2.3b
-0.06%
net assets
Total assets minus all liabilities
santander financial services plc company details
company number
02338548
Type
Public 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.
70100 - Activities of head offices
incorporation date
January 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
abbey national treasury services plc (September 2019)
moneytarget public limited company (February 1989)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
2 triton square, regent's place, london, NW1 3AN
Bank
ABBEY NATIONAL PLC
Legal Advisor
-
santander financial services plc 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 152 charges/mortgages relating to santander financial services plc. Currently there are 31 open charges and 121 have been satisfied in the past.
santander financial services plc 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.
Click to start generating capital raising & share issue transactions for SANTANDER FINANCIAL SERVICES PLC. This can take several minutes, an email will notify you when this has completed.
santander financial services plc Companies House Filings - See Documents
| date | description | view/download |
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