chubb european holdings limited
chubb european holdings limited Company Information
Company Number
05073085
Website
www.aceeurope.comRegistered Address
40 leadenhall street, london, EC3A 2BJ
Industry
Activities of financial services holding companies
Telephone
02071737000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
chubb ina overseas holdings inc. 100%
chubb european holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CHUBB EUROPEAN HOLDINGS LIMITED at £1.4b based on a Turnover of £574.8m and 2.42x industry multiple (adjusted for size and gross margin).
chubb european holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CHUBB EUROPEAN HOLDINGS LIMITED at £7.4b based on an EBITDA of £766.4m and a 9.72x industry multiple (adjusted for size and gross margin).
chubb european holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CHUBB EUROPEAN HOLDINGS LIMITED at £2.7b based on Net Assets of £1.5b and 1.82x industry multiple (adjusted for liquidity).
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Chubb European Holdings Limited Overview
Chubb European Holdings Limited is a live company located in london, EC3A 2BJ with a Companies House number of 05073085. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in March 2004, it's largest shareholder is chubb ina overseas holdings inc. with a 100% stake. Chubb European Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £574.8m with rapid growth in recent years.
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Chubb European Holdings Limited Health Check
Pomanda's financial health check has awarded Chubb European Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
1 Weak
Size
annual sales of £574.8m, make it larger than the average company (£12.4m)
£574.8m - Chubb European Holdings Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 680%, show it is growing at a faster rate (9.2%)
680% - Chubb European Holdings Limited
9.2% - Industry AVG
Production
with a gross margin of 79.1%, this company has a comparable cost of product (79.1%)
79.1% - Chubb European Holdings Limited
79.1% - Industry AVG
Profitability
an operating margin of 133.3% make it more profitable than the average company (10.5%)
133.3% - Chubb European Holdings Limited
10.5% - Industry AVG
Employees
with 2547 employees, this is above the industry average (66)
- Chubb European Holdings Limited
66 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Chubb European Holdings Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £225.7k, this is equally as efficient (£225.8k)
- Chubb European Holdings Limited
£225.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Chubb European Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Chubb European Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chubb European Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (28 weeks)
21 weeks - Chubb European Holdings Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (54%)
0.2% - Chubb European Holdings Limited
54% - Industry AVG
CHUBB EUROPEAN HOLDINGS LIMITED financials
Chubb European Holdings Limited's latest turnover from December 2023 is £574.8 million and the company has net assets of £1.5 billion. According to their latest financial statements, we estimate that Chubb European Holdings Limited has 2,547 employees and maintains cash reserves of £1.3 million 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 | 574,838,000 | 389,473,000 | 591,867,000 | 1,211,000 | 0 | 443,020,000 | 100,001,000 | 99,965,000 | 0 | 49,399,000 | 74,093,000 | 213,372,000 | 24,698,000 | 23,154,000 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Gross Profit | 0 | 100,001,000 | 99,965,000 | 0 | 49,399,000 | 0 | |||||||||
| Admin Expenses | 0 | 0 | 0 | ||||||||||||
| Operating Profit | 0 | 0 | 0 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 54,000 | 10,000 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 39,000 | 0 | 0 | 0 | |
| Pre-Tax Profit | 574,893,000 | 389,482,000 | 591,870,000 | 1,211,000 | 0 | 443,024,000 | 100,001,000 | 99,965,000 | 0 | 49,399,000 | 74,132,000 | 213,372,000 | 24,698,000 | 23,154,000 | 0 |
| Tax | -13,000 | -2,000 | 0 | 0 | 0 | -1,000 | 0 | 0 | 0 | 0 | -9,000 | 0 | 0 | 0 | 0 |
| Profit After Tax | 574,880,000 | 389,480,000 | 591,870,000 | 1,211,000 | 0 | 443,023,000 | 100,001,000 | 99,965,000 | 0 | 49,399,000 | 74,123,000 | 213,372,000 | 24,698,000 | 23,154,000 | 0 |
| Dividends Paid | 574,837,000 | 407,029,000 | 591,867,000 | 0 | 0 | 430,000,000 | 100,000,000 | 99,965,000 | 0 | 49,395,000 | 74,094,000 | 188,069,000 | 0 | 0 | 0 |
| Retained Profit | 43,000 | -17,549,000 | 3,000 | 1,211,000 | 0 | 13,023,000 | 1,000 | 0 | 0 | 4,000 | 29,000 | 25,303,000 | 24,698,000 | 23,154,000 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | |||||||||||||||
| EBITDA* | 0 | 0 | 0 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 321,157,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,498,331,000 | 1,348,331,000 | 432,451,000 | 432,451,000 | 432,451,000 | 432,451,000 | 381,174,000 | 370,343,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,499,021,000 | 1,498,331,000 | 1,348,331,000 | 432,451,000 | 432,451,000 | 432,451,000 | 432,451,000 | 381,174,000 | 370,343,000 | 321,157,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1,464,000 | 1,478,000 | 16,982,000 | 16,982,000 | 19,128,000 | 18,185,000 | 3,544,000 | 3,649,000 | 3,649,000 | 3,649,000 | 3,649,000 | 3,649,000 | 28,340,000 | 3,643,000 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,337,000 | 1,282,000 | 1,273,000 | 1,270,000 | 64,000 | 62,000 | 60,000 | 60,000 | 60,000 | 60,000 | 56,000 | 18,000 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,801,000 | 2,760,000 | 18,255,000 | 18,252,000 | 19,192,000 | 18,247,000 | 3,604,000 | 3,709,000 | 3,709,000 | 3,709,000 | 3,705,000 | 3,667,000 | 28,340,000 | 3,643,000 | 3,032,000 |
| total assets | 1,501,822,000 | 1,501,781,000 | 1,517,276,000 | 1,517,273,000 | 1,518,213,000 | 1,517,268,000 | 1,501,935,000 | 1,352,040,000 | 436,160,000 | 436,160,000 | 436,156,000 | 436,118,000 | 409,514,000 | 373,986,000 | 324,189,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,165,000 | 3,167,000 | 1,113,000 | 1,113,000 | 3,263,000 | 2,318,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,165,000 | 3,167,000 | 1,113,000 | 1,113,000 | 3,264,000 | 2,319,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,165,000 | 3,167,000 | 1,113,000 | 1,113,000 | 3,264,000 | 2,319,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 | 0 |
| net assets | 1,498,657,000 | 1,498,614,000 | 1,516,163,000 | 1,516,160,000 | 1,514,949,000 | 1,514,949,000 | 1,501,926,000 | 1,352,031,000 | 436,151,000 | 436,151,000 | 436,147,000 | 436,118,000 | 409,514,000 | 373,986,000 | 324,189,000 |
| total shareholders funds | 1,498,657,000 | 1,498,614,000 | 1,516,163,000 | 1,516,160,000 | 1,514,949,000 | 1,514,949,000 | 1,501,926,000 | 1,352,031,000 | 436,151,000 | 436,151,000 | 436,147,000 | 436,118,000 | 409,514,000 | 373,986,000 | 324,189,000 |
| 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 | 0 | 0 | 0 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -13,000 | -2,000 | 0 | 0 | 0 | -1,000 | 0 | 0 | 0 | 0 | -9,000 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,000 | -15,504,000 | 0 | -2,146,000 | 943,000 | 14,641,000 | -105,000 | 0 | 0 | 0 | 0 | -24,691,000 | 24,697,000 | 3,643,000 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -1,000 | 0 | -8,000 | 0 | 0 | 0 | 0 | 9,000 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -943,000 | 0 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 690,000 | 150,000,000 | 915,880,000 | 0 | 0 | 0 | 51,277,000 | 10,831,000 | 370,343,000 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,000 | 2,054,000 | 0 | -2,150,000 | 945,000 | 2,318,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 54,000 | 10,000 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 39,000 | 0 | 0 | 0 | |
| cash flow from financing | 52,000 | 2,064,000 | 0 | -2,150,000 | 945,000 | 2,322,000 | 149,894,000 | 915,880,000 | 0 | 0 | 39,000 | 1,301,000 | 10,830,000 | 26,643,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | 55,000 | 9,000 | 3,000 | 1,206,000 | 2,000 | 2,000 | 0 | 0 | 0 | 4,000 | 38,000 | 18,000 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 55,000 | 9,000 | 3,000 | 1,206,000 | 2,000 | 2,000 | 0 | 0 | 0 | 4,000 | 38,000 | 18,000 | 0 | 0 | 0 |
chubb european holdings limited Credit Report and Business Information
Chubb European Holdings Limited Competitor Analysis
Perform a competitor analysis for chubb european holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC3A area or any other competitors across 12 key performance metrics.
chubb european holdings limited Ownership
CHUBB EUROPEAN HOLDINGS LIMITED group structure
Chubb European Holdings Limited has 4 subsidiary companies.
Ultimate parent company
CHUBB LTD
#0017072
CHUBB INA OVERSEAS HOLDINGS INC
#0093715
2 parents
CHUBB EUROPEAN HOLDINGS LIMITED
05073085
4 subsidiaries
chubb european holdings limited directors
Chubb European Holdings Limited currently has 4 directors. The longest serving directors include Mr David Furby (Dec 2018) and Mr Denis Whelan (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Furby | United Kingdom | 61 years | Dec 2018 | - | Director |
| Mr Denis Whelan | United Kingdom | 52 years | Nov 2020 | - | Director |
| Mr Denis Whelan | United Kingdom | 52 years | Nov 2020 | - | Director |
| Mr Patrick Lawlis | United Kingdom | 57 years | Mar 2022 | - | Director |
P&L
December 2023turnover
574.8m
+48%
operating profit
766.4m
0%
gross margin
79.2%
+3.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5b
0%
total assets
1.5b
0%
cash
1.3m
+0.04%
net assets
Total assets minus all liabilities
chubb european holdings limited company details
company number
05073085
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
March 2004
age
20
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
ace european holdings limited (October 2019)
2249th single member shelf investment company limited (June 2004)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
40 leadenhall street, london, EC3A 2BJ
Bank
-
Legal Advisor
-
chubb european holdings 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 chubb european holdings limited.
chubb european holdings limited Companies House Filings - See Documents
| date | description | view/download |
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