angel leasing company limited

angel leasing company limited Company Information

Share ANGEL LEASING COMPANY LIMITED
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MatureMegaLow

Company Number

03114476

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Directors

Alan Lowe

David Jordan

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Shareholders

great rolling stock company plc

Group Structure

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Contact

Registered Address

123 victoria street, london, SW1E 6DE

angel leasing company limited Estimated Valuation

£222.6m

Pomanda estimates the enterprise value of ANGEL LEASING COMPANY LIMITED at £222.6m based on a Turnover of £130.1m and 1.71x industry multiple (adjusted for size and gross margin).

angel leasing company limited Estimated Valuation

£1b

Pomanda estimates the enterprise value of ANGEL LEASING COMPANY LIMITED at £1b based on an EBITDA of £133.7m and a 7.81x industry multiple (adjusted for size and gross margin).

angel leasing company limited Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of ANGEL LEASING COMPANY LIMITED at £1.4b based on Net Assets of £600.6m and 2.33x industry multiple (adjusted for liquidity).

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Angel Leasing Company Limited Overview

Angel Leasing Company Limited is a live company located in london, SW1E 6DE with a Companies House number of 03114476. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in October 1995, it's largest shareholder is great rolling stock company plc with a 100% stake. Angel Leasing Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £130.1m with low growth in recent years.

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Angel Leasing Company Limited Health Check

Pomanda's financial health check has awarded Angel Leasing Company Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £130.1m, make it larger than the average company (£9.6m)

£130.1m - Angel Leasing Company Limited

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7%)

0% - Angel Leasing Company Limited

7% - Industry AVG

production

Production

with a gross margin of 70.2%, this company has a lower cost of product (48.2%)

70.2% - Angel Leasing Company Limited

48.2% - Industry AVG

profitability

Profitability

an operating margin of 73.2% make it more profitable than the average company (11.9%)

73.2% - Angel Leasing Company Limited

11.9% - Industry AVG

employees

Employees

with 579 employees, this is above the industry average (40)

579 - Angel Leasing Company Limited

40 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Angel Leasing Company Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £224.6k, this is equally as efficient (£224.9k)

£224.6k - Angel Leasing Company Limited

£224.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (56 days)

0 days - Angel Leasing Company Limited

56 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Angel Leasing Company Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Angel Leasing Company 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 (6 weeks)

0 weeks - Angel Leasing Company Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (65.5%)

40.6% - Angel Leasing Company Limited

65.5% - Industry AVG

ANGEL LEASING COMPANY LIMITED financials

EXPORTms excel logo

Angel Leasing Company Limited's latest turnover from December 2023 is £130.1 million and the company has net assets of £600.6 million. According to their latest financial statements, we estimate that Angel Leasing Company Limited has 579 employees and maintains cash reserves of £149 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 2010Mar 2010
Turnover130,062,000129,411,000128,857,000128,857,000109,174,000107,004,000103,970,000103,706,000103,706,000103,706,000103,878,00090,208,00074,215,00053,694,00071,592,000
Other Income Or Grants000000000000000
Cost Of Sales38,791,00036,131,00037,280,00036,785,00037,376,00032,928,00032,914,00038,128,00040,734,00040,777,00040,777,00034,850,00028,825,00021,050,00027,939,000
Gross Profit91,271,00093,280,00091,577,00092,072,00071,798,00074,076,00071,056,00065,578,00062,972,00062,929,00063,101,00055,358,00045,390,00032,644,00043,653,000
Admin Expenses-3,932,000-4,040,000-4,048,000-4,087,000-4,089,000-4,090,000-4,092,000-4,093,000-4,096,000-4,098,000-4,069,000-4,069,000-4,060,000-3,068,000-3,522,000
Operating Profit95,203,00097,320,00095,625,00096,159,00075,887,00078,166,00075,148,00069,671,00067,068,00067,027,00067,170,00059,427,00049,450,00035,712,00047,175,000
Interest Payable19,679,00020,890,00022,022,00023,143,00024,064,00024,987,00025,934,00029,616,00034,933,00040,220,00046,537,00053,343,00038,473,00031,573,00027,391,000
Interest Receivable18,897,00016,698,00014,181,00010,750,0008,046,0004,710,0001,464,0002,0001,0003,0007,00014,165,0006,946,00013,716,0001,664,000
Pre-Tax Profit94,421,00093,128,00087,784,00083,766,00059,869,00057,889,00050,678,00040,057,00032,136,00026,810,00020,640,00020,249,00017,923,00017,855,00021,448,000
Tax-22,011,000-18,495,000-42,994,000-26,001,000-11,195,000-11,061,000-9,727,000-2,620,0003,494,000-5,970,00013,104,0007,451,0007,118,000725,000-5,412,000
Profit After Tax72,410,00074,633,00044,790,00057,765,00048,674,00046,828,00040,951,00037,437,00035,630,00020,840,00033,744,00027,700,00025,041,00018,580,00016,036,000
Dividends Paid000000000000000
Retained Profit72,410,00074,633,00044,790,00057,765,00048,674,00046,828,00040,951,00037,437,00035,630,00020,840,00033,744,00027,700,00025,041,000-36,420,0006,036,000
Employee Costs000000000000000
Number Of Employees579627653670548587619632623593591537476377535
EBITDA*133,667,000133,445,000132,905,000132,944,000111,615,000111,079,000113,276,000107,799,000107,802,000107,804,000107,947,00094,277,00078,275,00063,711,00075,114,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Tangible Assets600,884,000542,881,000902,545,000850,689,000954,685,000765,993,000737,245,000726,707,000764,835,000805,569,000846,338,000888,185,000965,303,000932,759,000920,621,000
Intangible Assets410,511,000407,676,0000000000000000
Investments & Other00000000000002,248,0004,057,000
Debtors (Due After 1 year)408,294,000346,004,000310,122,000223,415,000157,359,00094,326,00040,760,00000000104,102,00068,722,00045,000,000
Total Fixed Assets1,011,395,000950,557,000902,545,000850,689,000797,326,000765,993,000737,245,000726,707,000764,835,000805,569,000846,338,000888,185,000965,303,000932,759,000920,621,000
Stock & work in progress000000000000000
Trade Debtors182,0000000000000073,00000
Group Debtors000000000000000
Misc Debtors00185,000923,0001,662,0001,716,000000000080,000481,000
Cash149,0005,129,00033,000324,00045,00012,00077,0001,00039,00040,000134,000213,0006,207,00012,806,00042,312,000
misc current assets0000000000002,028,000560,000406,000
total current assets331,0005,129,000218,0001,247,0001,707,0001,728,00077,0001,00039,00040,000134,000213,0008,308,00013,446,00043,199,000
total assets1,011,726,000955,686,000902,763,000851,936,000799,033,000767,721,000737,322,000726,708,000764,874,000805,609,000846,472,000888,398,000973,611,000946,205,000963,820,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 0000000005,206,0005,207,0001,905,000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments17,488,00016,597,00015,723,00014,905,00014,088,00013,430,00012,763,00012,139,00011,496,00011,016,00010,506,00010,032,00010,657,00013,047,00012,547,000
other current liabilities35,062,00029,265,00031,084,00030,102,00025,140,00022,902,00021,693,00020,951,00019,268,00012,959,00011,416,0006,656,00015,086,00013,900,00021,803,000
total current liabilities52,550,00045,862,00046,807,00045,007,00039,228,00036,332,00034,456,00033,090,00030,764,00029,181,00027,129,00018,593,00025,743,00026,947,00034,350,000
loans423,098,000454,830,000484,568,000512,356,000538,326,000562,490,000585,176,000620,440,000694,937,000764,553,000829,975,000897,757,000997,482,000991,064,000970,820,000
hp & lease commitments211,549,000227,415,000242,284,000256,178,000269,163,000281,245,000292,588,000303,188,000313,094,000322,290,000330,945,000339,032,000346,590,000354,716,000362,901,000
Accruals and Deferred Income37,024,00041,251,00045,477,00049,704,00053,930,00058,157,00062,383,00066,610,000000087,754,00091,979,00095,162,000
other liabilities0000000071,061,00075,044,00079,289,00083,505,000000
provisions220,036,000225,966,000229,306,000184,590,000171,450,000179,348,000184,820,000190,444,000208,218,000235,308,000240,794,000281,384,000298,528,000309,962,000305,228,000
total long term liabilities358,591,000381,649,000402,414,000398,177,000408,818,000429,076,000447,381,000479,084,000557,013,000634,961,000698,716,000782,922,000887,910,000883,308,000855,695,000
total liabilities411,141,000427,511,000449,221,000443,184,000448,046,000465,408,000481,837,000512,174,000587,777,000664,142,000725,845,000801,515,000913,653,000910,255,000890,045,000
net assets600,585,000528,175,000453,542,000408,752,000350,987,000302,313,000255,485,000214,534,000177,097,000141,467,000120,627,00086,883,00059,958,00035,950,00073,775,000
total shareholders funds600,585,000528,175,000453,542,000408,752,000350,987,000302,313,000255,485,000214,534,000177,097,000141,467,000120,627,00086,883,00059,958,00035,950,00073,775,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Operating Activities
Operating Profit95,203,00097,320,00095,625,00096,159,00075,887,00078,166,00075,148,00069,671,00067,068,00067,027,00067,170,00059,427,00049,450,00035,712,00047,175,000
Depreciation38,464,00036,125,00037,280,00036,785,00035,728,00032,913,00038,128,00038,128,00040,734,00040,777,00040,777,00034,850,00028,825,00027,999,00027,939,000
Amortisation000000000000000
Tax-22,011,000-18,495,000-42,994,000-26,001,000-11,195,000-11,061,000-9,727,000-2,620,0003,494,000-5,970,00013,104,0007,451,0007,118,000725,000-5,412,000
Stock000000000000000
Debtors62,472,00035,697,00085,969,00065,317,00062,979,00055,282,00040,760,0000000-104,175,00035,373,00068,802,00045,481,000
Creditors00000000-5,206,000-1,0003,302,0001,905,000000
Accruals and Deferred Income1,570,000-6,045,000-3,245,000736,000-1,989,000-3,017,000-3,485,00068,293,0006,309,0001,543,0004,760,000-96,184,000-3,039,000105,879,000116,965,000
Deferred Taxes & Provisions-5,930,000-3,340,00044,716,00013,140,000-7,898,000-5,472,000-5,624,000-17,774,000-27,090,000-5,486,000-40,590,000-17,144,000-11,434,000309,962,000305,228,000
Cash flow from operations44,824,00069,868,00045,413,00055,502,00027,554,00036,247,00053,680,000155,698,00085,309,00097,890,00088,523,00094,480,00035,547,000411,475,000446,414,000
Investing Activities
capital expenditure-99,302,000-84,137,000-89,136,00067,211,000-224,420,000-61,661,000-48,666,00000-8,0001,070,00042,268,000-61,369,000-960,758,000-948,560,000
Change in Investments000000000000-2,248,0002,248,0004,057,000
cash flow from investments-99,302,000-84,137,000-89,136,00067,211,000-224,420,000-61,661,000-48,666,00000-8,0001,070,00042,268,000-59,121,000-963,006,000-952,617,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-31,732,000-29,738,000-27,788,000-25,970,000-24,164,000-22,686,000-35,264,000-74,497,000-69,616,000-65,422,000-67,782,000-99,725,0006,418,000991,064,000970,820,000
Hire Purchase and Lease Commitments-14,975,000-13,995,000-13,076,000-12,168,000-11,424,000-10,676,000-9,976,000-9,263,000-8,716,000-8,145,000-7,613,000-8,183,000-10,516,000367,763,000375,448,000
other long term liabilities0000000-71,061,000-3,983,000-4,245,000-4,216,00083,505,000000
share issue00000000000-775,000-1,033,00072,370,00067,739,000
interest-782,000-4,192,000-7,841,000-12,393,000-16,018,000-20,277,000-24,470,000-29,614,000-34,932,000-40,217,000-46,530,000-39,178,000-31,527,000-17,857,000-25,727,000
cash flow from financing-47,489,000-47,925,000-48,705,000-50,531,000-51,606,000-53,639,000-69,710,000-184,435,000-117,247,000-118,029,000-126,141,000-64,356,000-36,658,0001,413,340,0001,388,280,000
cash and cash equivalents
cash-4,980,0005,096,000-291,000279,00033,000-65,00076,000-38,000-1,000-94,000-79,000-5,994,000-6,599,00012,806,00042,312,000
overdraft000000000000000
change in cash-4,980,0005,096,000-291,000279,00033,000-65,00076,000-38,000-1,000-94,000-79,000-5,994,000-6,599,00012,806,00042,312,000

angel leasing company 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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Angel Leasing Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for angel leasing company limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in SW1E area or any other competitors across 12 key performance metrics.

angel leasing company limited Ownership

ANGEL LEASING COMPANY LIMITED group structure

Angel Leasing Company Limited has no subsidiary companies.

Ultimate parent company

WILLOW TOPCO LTD

#0058897

2 parents

ANGEL LEASING COMPANY LIMITED

03114476

ANGEL LEASING COMPANY LIMITED Shareholders

great rolling stock company plc 100%

angel leasing company limited directors

Angel Leasing Company Limited currently has 5 directors. The longest serving directors include Mr Alan Lowe (May 2012) and Mr David Jordan (Aug 2018).

officercountryagestartendrole
Mr Alan LoweEngland57 years May 2012- Director
Mr David JordanEngland51 years Aug 2018- Director
Mr Matthew Prosser52 years Jul 2019- Director
Mr Malcolm Brown57 years Jul 2020- Director
Mr Malcolm BrownEngland57 years Jul 2020- Director

P&L

December 2023

turnover

130.1m

+1%

operating profit

95.2m

-2%

gross margin

70.2%

-2.64%

turnover

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

Balance Sheet

December 2023

net assets

600.6m

+0.14%

total assets

1b

+0.06%

cash

149k

-0.97%

net assets

Total assets minus all liabilities

angel leasing company limited company details

company number

03114476

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

October 1995

age

30

incorporated

UK

ultimate parent company

WILLOW TOPCO LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

royscot asset management (march) limited (January 1999)

bonusmicro limited (January 1996)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

123 victoria street, london, SW1E 6DE

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

angel leasing company 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 90 charges/mortgages relating to angel leasing company limited. Currently there are 1 open charges and 89 have been satisfied in the past.

angel leasing company 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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angel leasing company limited Companies House Filings - See Documents

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