aldermore group plc
aldermore group plc Company Information
Company Number
06764335
Next Accounts
Dec 2025
Shareholders
firstrand international limited
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
4th floor block d, apex plaza, forbury road, reading, berkshire, RG1 1AX
Website
https://www.aldermore.co.ukaldermore group plc Estimated Valuation
Pomanda estimates the enterprise value of ALDERMORE GROUP PLC at £3.8b based on a Turnover of £1.4b and 2.7x industry multiple (adjusted for size and gross margin).
aldermore group plc Estimated Valuation
Pomanda estimates the enterprise value of ALDERMORE GROUP PLC at £2.4b based on an EBITDA of £241.2m and a 9.99x industry multiple (adjusted for size and gross margin).
aldermore group plc Estimated Valuation
Pomanda estimates the enterprise value of ALDERMORE GROUP PLC at £2.9b based on Net Assets of £1.8b and 1.67x industry multiple (adjusted for liquidity).
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Aldermore Group Plc Overview
Aldermore Group Plc is a live company located in reading, RG1 1AX with a Companies House number of 06764335. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in December 2008, it's largest shareholder is firstrand international limited with a 100% stake. Aldermore Group Plc is a established, mega sized company, Pomanda has estimated its turnover at £1.4b with rapid growth in recent years.
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Aldermore Group Plc Health Check
Pomanda's financial health check has awarded Aldermore Group Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £1.4b, make it larger than the average company (£11.5m)
£1.4b - Aldermore Group Plc
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (9.3%)
31% - Aldermore Group Plc
9.3% - Industry AVG
Production
with a gross margin of 76.8%, this company has a comparable cost of product (76.8%)
76.8% - Aldermore Group Plc
76.8% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (8.3%)
16.5% - Aldermore Group Plc
8.3% - Industry AVG
Employees
with 2100 employees, this is above the industry average (66)
2100 - Aldermore Group Plc
66 - Industry AVG
Pay Structure
on an average salary of £84.5k, the company has an equivalent pay structure (£81.3k)
£84.5k - Aldermore Group Plc
£81.3k - Industry AVG
Efficiency
resulting in sales per employee of £679.3k, this is more efficient (£212k)
£679.3k - Aldermore Group Plc
£212k - Industry AVG
Debtor Days
it gets paid by customers after 4702 days, this is later than average (40 days)
4702 days - Aldermore Group Plc
40 days - Industry AVG
Creditor Days
its suppliers are paid after 20411 days, this is slower than average (44 days)
20411 days - Aldermore Group Plc
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aldermore Group Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (27 weeks)
5 weeks - Aldermore Group Plc
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.5%, this is a higher level of debt than the average (53%)
91.5% - Aldermore Group Plc
53% - Industry AVG
ALDERMORE GROUP PLC financials
Aldermore Group Plc's latest turnover from June 2024 is £1.4 billion and the company has net assets of £1.8 billion. According to their latest financial statements, Aldermore Group Plc has 2,100 employees and maintains cash reserves of £2.2 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,426,500,000 | 1,129,700,000 | 731,800,000 | 637,100,000 | 615,500,000 | 495,700,000 | 646,400,000 | 393,800,000 | 333,200,000 | 260,400,000 | 191,673,000 | 132,349,000 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 234,800,000 | 335,300,000 | 261,100,000 | 209,200,000 | 180,000,000 | 152,900,000 | 214,500,000 | 144,200,000 | 105,100,000 | 59,900,000 | 37,160,000 | 6,361,000 | 28,246,000 | 3,734,000 | |
| Interest Payable | 33,125,000 | 15,347,000 | 3,707,000 | ||||||||||||
| Interest Receivable | 55,760,000 | 27,324,000 | 5,354,000 | ||||||||||||
| Pre-Tax Profit | 253,100,000 | 222,500,000 | 204,700,000 | 157,800,000 | 48,800,000 | 129,600,000 | 195,300,000 | 128,700,000 | 94,700,000 | 50,300,000 | 25,692,000 | 1,234,000 | -1,199,000 | -9,029,000 | -15,580,000 |
| Tax | -67,400,000 | -51,300,000 | -46,500,000 | -33,400,000 | -10,200,000 | -30,800,000 | -56,700,000 | -35,200,000 | -16,400,000 | -11,900,000 | 14,000 | 7,000 | -82,000 | ||
| Profit After Tax | 185,700,000 | 171,200,000 | 158,200,000 | 124,400,000 | 38,600,000 | 98,800,000 | 138,600,000 | 93,500,000 | 78,300,000 | 38,400,000 | 25,706,000 | 1,234,000 | -1,192,000 | -9,029,000 | -15,662,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 185,700,000 | 171,200,000 | 158,200,000 | 124,400,000 | 38,600,000 | 98,800,000 | 138,600,000 | 93,500,000 | 78,300,000 | 38,400,000 | 25,706,000 | 1,234,000 | -1,192,000 | -9,029,000 | -15,662,000 |
| Employee Costs | 177,500,000 | 159,200,000 | 160,000,000 | 138,800,000 | 108,500,000 | 86,800,000 | 109,800,000 | 64,300,000 | 62,100,000 | 50,000,000 | 38,424,000 | 29,761,000 | 24,986,000 | 18,974,000 | 4,009,000 |
| Number Of Employees | 2,100 | 2,124 | 2,198 | 2,029 | 1,966 | 1,174 | 936 | 887 | 845 | 757 | 621 | 492 | 415 | 318 | 72 |
| EBITDA* | 241,200,000 | 339,600,000 | 271,700,000 | 219,800,000 | 188,700,000 | 154,700,000 | 214,500,000 | 144,200,000 | 105,100,000 | 59,900,000 | 37,160,000 | 6,361,000 | 29,736,000 | 4,302,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,100,000 | 78,000,000 | 65,800,000 | 60,400,000 | 56,800,000 | 21,800,000 | 10,500,000 | 14,300,000 | 19,800,000 | 9,400,000 | 2,887,151,000 | 1,717,304,000 | 7,367,000 | 3,781,000 | 1,950,000 |
| Intangible Assets | 31,500,000 | 29,900,000 | 8,800,000 | 15,000,000 | 13,700,000 | 14,800,000 | 14,400,000 | 26,100,000 | 24,000,000 | 22,600,000 | 22,657,000 | 11,295,000 | 11,975,000 | 12,653,000 | 12,511,000 |
| Investments & Other | 227,958,000 | 35,803,000 | 37,361,000 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 55,600,000 | 107,900,000 | 74,600,000 | 75,400,000 | 70,500,000 | 36,600,000 | 24,900,000 | 40,400,000 | 43,800,000 | 32,000,000 | 2,909,808,000 | 1,728,599,000 | 247,300,000 | 52,237,000 | 51,822,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 18,379,000,000 | 18,247,000,000 | 17,588,700,000 | 15,662,500,000 | 14,604,700,000 | 11,957,200,000 | 9,902,100,000 | 8,217,900,000 | 6,851,800,000 | 5,436,400,000 | 1,095,034,000 | 749,029,000 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 2,172,200,000 | 1,923,400,000 | 838,300,000 | 688,500,000 | 542,400,000 | 482,900,000 | 508,800,000 | 116,400,000 | 105,300,000 | 79,600,000 | 192,844,000 | 1,654,000 | 123,878,000 | 219,829,000 | 83,632,000 |
| misc current assets | 26,900,000 | 22,600,000 | 19,000,000 | 18,400,000 | 15,400,000 | 9,800,000 | 6,300,000 | 3,400,000 | 5,100,000 | 6,700,000 | 5,109,000 | 21,841,000 | 1,187,640,000 | 485,085,000 | 164,263,000 |
| total current assets | 20,615,200,000 | 20,250,200,000 | 18,486,800,000 | 16,413,700,000 | 15,253,100,000 | 12,493,700,000 | 10,423,500,000 | 8,340,800,000 | 6,964,700,000 | 5,533,200,000 | 1,293,184,000 | 794,922,000 | 1,311,518,000 | 704,914,000 | 247,895,000 |
| total assets | 20,670,800,000 | 20,358,100,000 | 18,561,400,000 | 16,489,100,000 | 15,323,600,000 | 12,530,300,000 | 10,448,400,000 | 8,381,200,000 | 7,008,500,000 | 5,565,200,000 | 4,202,992,000 | 2,523,521,000 | 1,558,818,000 | 757,151,000 | 299,717,000 |
| Bank overdraft | 2,549,000 | 2,277,000 | 1,448,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 18,490,200,000 | 18,062,800,000 | 16,641,900,000 | 14,880,600,000 | 13,872,000,000 | 11,087,000,000 | 9,549,100,000 | 7,462,100,000 | 4,728,500,000 | 3,798,600,000 | 3,132,182,000 | 943,902,000 | 818,000 | 1,562,000 | 2,019,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 100,900,000 | 152,800,000 | 152,800,000 | 213,600,000 | 213,500,000 | 213,400,000 | 60,500,000 | 100,000,000 | 38,100,000 | 36,800,000 | 35,571,000 | 34,148,000 | 1,346,470,000 | 633,719,000 | 228,580,000 |
| hp & lease commitments | 233,000 | ||||||||||||||
| other current liabilities | 37,166,000 | 22,147,000 | 8,337,000 | ||||||||||||
| total current liabilities | 18,879,600,000 | 18,791,300,000 | 17,162,000,000 | 15,252,800,000 | 14,210,600,000 | 11,432,700,000 | 9,689,400,000 | 7,623,800,000 | 4,826,700,000 | 3,884,700,000 | 3,200,824,000 | 1,034,339,000 | 1,387,003,000 | 659,705,000 | 240,617,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 26,800,000 | 28,400,000 | 20,000,000 | 5,100,000 | 4,500,000 | 2,400,000 | 1,000,000 | 131,400,000 | 1,648,200,000 | 1,301,600,000 | 736,811,000 | 1,312,950,000 | |||
| total liabilities | 18,906,400,000 | 18,819,700,000 | 17,182,000,000 | 15,257,900,000 | 14,215,100,000 | 11,435,100,000 | 9,690,400,000 | 7,755,200,000 | 6,474,900,000 | 5,186,300,000 | 3,937,635,000 | 2,347,289,000 | 1,387,003,000 | 659,705,000 | 240,617,000 |
| net assets | 1,764,400,000 | 1,538,400,000 | 1,379,400,000 | 1,231,200,000 | 1,108,500,000 | 1,095,200,000 | 758,000,000 | 626,000,000 | 533,600,000 | 378,900,000 | 265,357,000 | 176,232,000 | 171,815,000 | 97,446,000 | 59,100,000 |
| total shareholders funds | 1,764,400,000 | 1,538,400,000 | 1,379,400,000 | 1,231,200,000 | 1,108,500,000 | 1,095,200,000 | 758,000,000 | 626,000,000 | 533,600,000 | 378,900,000 | 265,357,000 | 176,232,000 | 171,815,000 | 97,446,000 | 59,100,000 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 234,800,000 | 335,300,000 | 261,100,000 | 209,200,000 | 180,000,000 | 152,900,000 | 214,500,000 | 144,200,000 | 105,100,000 | 59,900,000 | 37,160,000 | 6,361,000 | 28,246,000 | 3,734,000 | |
| Depreciation | 6,400,000 | 4,300,000 | 10,600,000 | 10,600,000 | 8,700,000 | 1,800,000 | 1,406,000 | 810,000 | 299,000 | ||||||
| Amortisation | 678,000 | 680,000 | 269,000 | ||||||||||||
| Tax | -67,400,000 | -51,300,000 | -46,500,000 | -33,400,000 | -10,200,000 | -30,800,000 | -56,700,000 | -35,200,000 | -16,400,000 | -11,900,000 | 14,000 | 7,000 | -82,000 | ||
| Stock | |||||||||||||||
| Debtors | 132,000,000 | 658,300,000 | 1,926,200,000 | 1,057,800,000 | 2,647,500,000 | 2,055,100,000 | 9,902,100,000 | 1,366,100,000 | 1,415,400,000 | 4,341,366,000 | 346,005,000 | 749,029,000 | |||
| Creditors | 427,400,000 | 1,420,900,000 | 1,761,300,000 | 1,008,600,000 | 2,785,000,000 | 1,537,900,000 | 9,549,100,000 | 2,733,600,000 | 929,900,000 | 666,418,000 | 2,188,280,000 | 943,084,000 | -744,000 | -457,000 | 2,019,000 |
| Accruals and Deferred Income | -37,166,000 | 15,019,000 | 13,810,000 | 8,337,000 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 43,089,000 | 14,576,000 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -194,938,000 | 257,000 | -37,570,000 | ||||||||||||
| Change in Investments | -227,958,000 | 192,155,000 | -1,558,000 | 37,361,000 | |||||||||||
| cash flow from investments | -387,093,000 | 1,815,000 | -74,931,000 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -51,900,000 | -60,800,000 | 100,000 | 100,000 | 152,900,000 | 60,500,000 | 61,900,000 | 1,300,000 | 1,229,000 | 1,423,000 | -1,312,322,000 | 712,751,000 | 405,139,000 | 228,580,000 | |
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -233,000 | 233,000 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 22,635,000 | 11,977,000 | 1,647,000 | ||||||||||||
| cash flow from financing | 810,947,000 | 464,258,000 | 305,222,000 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 248,800,000 | 1,085,100,000 | 149,800,000 | 146,100,000 | 59,500,000 | -25,900,000 | 508,800,000 | 11,100,000 | 25,700,000 | -113,244,000 | 191,190,000 | -122,224,000 | -95,951,000 | 136,197,000 | 83,632,000 |
| overdraft | -2,549,000 | 272,000 | 829,000 | 1,448,000 | |||||||||||
| change in cash | 248,800,000 | 1,085,100,000 | 149,800,000 | 146,100,000 | 59,500,000 | -25,900,000 | 508,800,000 | 11,100,000 | 25,700,000 | -113,244,000 | 191,190,000 | -119,675,000 | -96,223,000 | 135,368,000 | 82,184,000 |
aldermore group plc Credit Report and Business Information
Aldermore Group Plc Competitor Analysis
Perform a competitor analysis for aldermore group plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in RG1 area or any other competitors across 12 key performance metrics.
aldermore group plc Ownership
ALDERMORE GROUP PLC group structure
Aldermore Group Plc has 3 subsidiary companies.
Ultimate parent company
FIRSTRAND LTD
#0049979
FIRSTRAND INTERNATIONAL LTD
#0074252
2 parents
ALDERMORE GROUP PLC
06764335
3 subsidiaries
aldermore group plc directors
Aldermore Group Plc currently has 11 directors. The longest serving directors include Mr John Hitchins (May 2014) and Mr Patrick Butler (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Hitchins | England | 70 years | May 2014 | - | Director |
| Mr Patrick Butler | Uk | 64 years | Jan 2018 | - | Director |
| Mr Desmond Crowley | Wales | 65 years | May 2020 | - | Director |
| Mr Richard Banks | United Kingdom | 73 years | Sep 2020 | - | Director |
| Mr Steven Cooper | United Kingdom | 55 years | May 2021 | - | Director |
| Mrs Rosemary Murray | Wales | 60 years | Aug 2021 | - | Director |
| Ms Ruth Handcock | Wales | 45 years | Oct 2021 | - | Director |
| Mr Ralph Coates | Wales | 52 years | May 2022 | - | Director |
| Markos Davias | South Africa | 44 years | Apr 2024 | - | Director |
| Ms Mary Vilakazi | 47 years | Apr 2024 | - | Director |
P&L
June 2024turnover
1.4b
+26%
operating profit
234.8m
-30%
gross margin
76.9%
+2.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
1.8b
+0.15%
total assets
20.7b
+0.02%
cash
2.2b
+0.13%
net assets
Total assets minus all liabilities
aldermore group plc company details
company number
06764335
Type
Public limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2024
previous names
ac acquisitions limited (September 2014)
accountant
-
auditor
DELOITTE LLP
address
4th floor block d, apex plaza, forbury road, reading, berkshire, RG1 1AX
Bank
-
Legal Advisor
-
aldermore group 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 did not find charges/mortgages relating to aldermore group plc.
aldermore group plc Capital Raised & Share Issues BETA
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aldermore group plc Companies House Filings - See Documents
| date | description | view/download |
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