a.m. best europe - rating services limited

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a.m. best europe - rating services limited Company Information

Share A.M. BEST EUROPE - RATING SERVICES LIMITED

Company Number

02585837

Shareholders

a m best rating services inc

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

8th floor 12 arthur street, london, EC4R 9AB

a.m. best europe - rating services limited Estimated Valuation

£11m

Pomanda estimates the enterprise value of A.M. BEST EUROPE - RATING SERVICES LIMITED at £11m based on a Turnover of £10.6m and 1.04x industry multiple (adjusted for size and gross margin).

a.m. best europe - rating services limited Estimated Valuation

£17.2m

Pomanda estimates the enterprise value of A.M. BEST EUROPE - RATING SERVICES LIMITED at £17.2m based on an EBITDA of £2.3m and a 7.45x industry multiple (adjusted for size and gross margin).

a.m. best europe - rating services limited Estimated Valuation

£28.9m

Pomanda estimates the enterprise value of A.M. BEST EUROPE - RATING SERVICES LIMITED at £28.9m based on Net Assets of £12.6m and 2.3x industry multiple (adjusted for liquidity).

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A.m. Best Europe - Rating Services Limited Overview

A.m. Best Europe - Rating Services Limited is a live company located in london, EC4R 9AB with a Companies House number of 02585837. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 1991, it's largest shareholder is a m best rating services inc with a 100% stake. A.m. Best Europe - Rating Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.6m with healthy growth in recent years.

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A.m. Best Europe - Rating Services Limited Health Check

Pomanda's financial health check has awarded A.M. Best Europe - Rating Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £10.6m, make it larger than the average company (£4.8m)

£10.6m - A.m. Best Europe - Rating Services Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.7%)

9% - A.m. Best Europe - Rating Services Limited

6.7% - Industry AVG

production

Production

with a gross margin of 75.1%, this company has a lower cost of product (38.1%)

75.1% - A.m. Best Europe - Rating Services Limited

38.1% - Industry AVG

profitability

Profitability

an operating margin of 18.8% make it more profitable than the average company (5.7%)

18.8% - A.m. Best Europe - Rating Services Limited

5.7% - Industry AVG

employees

Employees

with 67 employees, this is above the industry average (27)

67 - A.m. Best Europe - Rating Services Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £101.2k, the company has a higher pay structure (£53.9k)

£101.2k - A.m. Best Europe - Rating Services Limited

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £158.4k, this is equally as efficient (£171.5k)

£158.4k - A.m. Best Europe - Rating Services Limited

£171.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - A.m. Best Europe - Rating Services Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (32 days)

26 days - A.m. Best Europe - Rating Services Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - A.m. Best Europe - Rating Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 162 weeks, this is more cash available to meet short term requirements (22 weeks)

162 weeks - A.m. Best Europe - Rating Services Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.1%, this is a lower level of debt than the average (62.5%)

20.1% - A.m. Best Europe - Rating Services Limited

62.5% - Industry AVG

A.M. BEST EUROPE - RATING SERVICES LIMITED financials

EXPORTms excel logo

A.M. Best Europe - Rating Services Limited's latest turnover from December 2023 is £10.6 million and the company has net assets of £12.6 million. According to their latest financial statements, A.M. Best Europe - Rating Services Limited has 67 employees and maintains cash reserves of £9.1 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
Turnover10,611,7009,510,2099,117,6548,215,4248,287,76710,758,03410,413,3999,704,8208,844,8398,054,2607,173,46620,154,03916,870,3276,523,6156,829,470
Other Income Or Grants
Cost Of Sales2,647,2502,581,9222,075,6901,982,9902,910,2643,305,9373,105,1992,755,4632,652,5082,427,3244,670,78312,906,87110,570,0863,988,767
Gross Profit7,964,4506,928,2877,041,9646,232,4345,377,5037,452,0977,308,2006,949,3576,192,3315,626,9362,502,6837,247,1686,300,2422,534,848
Admin Expenses5,969,4175,265,7873,665,7343,903,8134,436,3415,235,8885,008,0144,378,9003,923,6373,909,3161,220,9097,007,4155,583,9982,127,672395,149
Operating Profit1,995,0331,662,5003,376,2302,328,621941,1622,216,2092,300,1862,570,4572,268,6941,717,6201,281,774239,753716,244407,176-395,149
Interest Payable3947,9122,0852,4546711,7507,082
Interest Receivable532,404143,83117,28018,05155,28147,6859,25014,69716,32112,9479,36024,67511,9593,43910,622
Pre-Tax Profit2,527,4371,806,3313,393,5102,346,278988,5312,261,8092,306,9822,585,1542,285,0151,730,5671,290,463264,428728,203408,875-391,609
Tax-665,063-430,770-538,844-484,231-243,257-473,887-507,030-545,604-509,352-231,499-63,463-189,3335,219-3,061
Profit After Tax1,862,3741,375,5612,854,6661,862,047745,2741,787,9221,799,9522,039,5501,775,6631,499,0681,290,463200,965538,870414,094-394,670
Dividends Paid3,580,9862,000,0002,300,000
Retained Profit1,862,3741,375,561-726,3201,862,047-1,254,726-512,0781,799,9522,039,5501,775,6631,499,0681,290,463200,965538,870414,094-394,670
Employee Costs6,777,6756,525,2125,606,6475,210,1045,694,7646,045,7715,591,4554,762,5404,432,4664,428,3664,083,0805,488,2104,671,8093,934,5134,348,491
Number Of Employees67646254556374544746451371186469
EBITDA*2,303,6691,848,1993,443,0792,400,1901,003,1642,270,2092,354,9172,609,1592,296,8281,768,6231,346,072417,516901,527563,631-230,830

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,802,0601,872,183101,30094,970134,731126,012158,081195,96725,00953,14362,784113,512239,195368,850533,905
Intangible Assets
Investments & Other
Debtors (Due After 1 year)600,000
Total Fixed Assets1,802,0601,872,183101,30094,970134,731126,012158,081195,96725,00953,14362,784113,512239,195968,850533,905
Stock & work in progress
Trade Debtors5,22247,58928,22020,421420108,50031,301182,4591,181,4831,349,4851,460,4272,295,076854,107
Group Debtors645,696743,8841,140,4501,001,4311,102,034970,493195,96475,307273,091167,280477,368
Misc Debtors412,894436,462503,344498,338468,568411,993371,870369,389315,719153,023308,859270,472
Cash9,149,0827,924,4297,218,3508,465,8539,548,58611,572,39812,486,54310,555,5228,678,2897,325,3677,483,3856,709,4963,160,3111,623,3042,649,239
misc current assets3,723,2223,557,5123,516,6643,502,964
total current assets13,930,89412,662,28712,384,03013,516,17511,147,40812,975,30513,054,79711,108,7189,298,4007,828,1299,451,0958,058,9814,620,7383,918,3803,773,818
total assets15,732,95414,534,47012,485,33013,611,14511,282,13913,101,31713,212,87811,304,6859,323,4097,881,2729,513,8798,172,4934,859,9334,887,2304,307,723
Bank overdraft
Bank loan
Trade Creditors 192,43078,92613,07660,60736,76584,34864,04648,63229,06350,38650,6924,879,1873,687,5924,252,798129,498
Group/Directors Accounts84,66990,98167,768168,48474,619122,027167,602175,20812,87087,516179,089315,462
other short term finances
hp & lease commitments
other current liabilities2,649,3691,827,4691,485,8371,743,9531,389,6431,691,1291,262,4241,158,5741,422,9761,660,5334,700,329393,506
total current liabilities2,926,4681,997,3761,566,6811,973,0441,501,0271,897,5041,494,0721,382,4141,464,9091,798,4354,930,1104,879,1873,687,5924,252,798838,466
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions227,486265,60822,72415,85620,91417,88920,80424,22196112,881
total long term liabilities227,486265,60822,72415,85620,91417,88920,80424,22196112,881
total liabilities3,153,9542,262,9841,589,4051,988,9001,521,9411,915,3931,514,8761,406,6351,464,9091,798,4354,930,1104,879,1873,687,5924,253,759851,347
net assets12,579,00012,271,48610,895,92511,622,2459,760,19811,185,92411,698,0029,898,0507,858,5006,082,8374,583,7693,293,3061,172,341633,4713,456,376
total shareholders funds12,579,00012,271,48610,895,92511,622,2459,760,19811,185,92411,698,0029,898,0507,858,5006,082,8374,583,7693,293,3061,172,341633,4713,456,376
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,995,0331,662,5003,376,2302,328,621941,1622,216,2092,300,1862,570,4572,268,6941,717,6201,281,774239,753716,244407,176-395,149
Depreciation308,636185,69966,84971,56962,00254,00054,73138,70228,13451,00364,298177,763185,283156,455164,319
Amortisation
Tax-665,063-430,770-538,844-484,231-243,257-473,887-507,030-545,604-509,352-231,499-63,463-189,3335,219-3,061
Stock
Debtors-121,756-468,670101,658-51,464195,915834,65315,058-66,915117,349-1,464,948618,225-110,942-1,434,6491,770,4971,124,579
Creditors113,50465,850-47,53123,842-47,58320,30215,41419,569-21,323-306-4,828,4951,191,595-565,2064,123,300129,498
Accruals and Deferred Income821,900341,632-258,116354,310-301,486428,705103,850-264,402-237,557-3,039,7964,700,329-393,506393,506
Deferred Taxes & Provisions-38,122242,8846,868-5,0583,025-2,915-3,41724,221-961-11,92012,881
Cash flow from operations2,657,6442,536,4652,503,7982,340,517217,9481,407,7611,948,6761,909,8581,411,247-38,030599,6811,656,5901,580,6762,516,227-822,585
Investing Activities
capital expenditure-25,520-16,844-209,661-41,362-13,573-52,080-55,6287,001-26,922
Change in Investments
cash flow from investments-25,520-16,844-209,661-41,362-13,573-52,080-55,6287,001-26,922
Financing Activities
Bank loans
Group/Directors Accounts-6,31223,213-100,71693,865-47,408-45,575-7,606162,338-74,646-91,573179,089-315,462315,462
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,554,860-171,0001,920,000-3,236,9993,851,046
interest532,404143,83117,28017,65747,36945,6006,79614,69716,32112,9478,68924,67511,9591,6893,540
cash flow from financing-1,028,768167,044-83,436111,522-171,03925-810177,035-58,325-78,626187,7781,944,67511,959-3,550,7724,170,048
cash and cash equivalents
cash1,224,653706,079-1,247,503-1,082,733-2,023,812-914,1451,931,0211,877,2331,352,922-158,018773,8893,549,1851,537,007-1,025,9352,649,239
overdraft
change in cash1,224,653706,079-1,247,503-1,082,733-2,023,812-914,1451,931,0211,877,2331,352,922-158,018773,8893,549,1851,537,007-1,025,9352,649,239

a.m. best europe - rating services 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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A.m. Best Europe - Rating Services Limited Competitor Analysis

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Perform a competitor analysis for a.m. best europe - rating services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC4R area or any other competitors across 12 key performance metrics.

a.m. best europe - rating services limited Ownership

A.M. BEST EUROPE - RATING SERVICES LIMITED group structure

A.M. Best Europe - Rating Services Limited has no subsidiary companies.

Ultimate parent company

A.M. BEST CO INC

#0071390

A M BEST RATING SERVICES INC

#0130016

2 parents

A.M. BEST EUROPE - RATING SERVICES LIMITED

02585837

A.M. BEST EUROPE - RATING SERVICES LIMITED Shareholders

a m best rating services inc 100%

a.m. best europe - rating services limited directors

A.M. Best Europe - Rating Services Limited currently has 6 directors. The longest serving directors include Mr Nicholas Charteris-Black (Jul 2012) and Mrs Suzanne Pool (Jul 2012).

officercountryagestartendrole
Mr Nicholas Charteris-BlackEngland63 years Jul 2012- Director
Mrs Suzanne PoolEngland60 years Jul 2012- Director
Mr James GillardUnited States47 years Jan 2020- Director
Mr Steven WilsonEngland59 years Jan 2021- Director
Mr Andrew PowerEngland68 years Jun 2022- Director
Mr Stefan HolzbergerEngland55 years Jan 2025- Director

P&L

December 2023

turnover

10.6m

+12%

operating profit

2m

+20%

gross margin

75.1%

+3.02%

turnover

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

Balance Sheet

December 2023

net assets

12.6m

+0.03%

total assets

15.7m

+0.08%

cash

9.1m

+0.15%

net assets

Total assets minus all liabilities

a.m. best europe - rating services limited company details

company number

02585837

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 1991

age

34

incorporated

UK

ultimate parent company

A.M. BEST CO INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

a.m. best europe limited (August 2010)

a.m. best international limited (December 2004)

See more

accountant

-

auditor

PKF LITTLEJOHN LLP

address

8th floor 12 arthur street, london, EC4R 9AB

Bank

BARCLAYS BANK PLC

Legal Advisor

THIRINGS LLP

a.m. best europe - rating 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 a.m. best europe - rating services limited.

a.m. best europe - rating 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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a.m. best europe - rating services limited Companies House Filings - See Documents

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