bank of ireland (uk) plc
bank of ireland (uk) plc Company Information
Company Number
07022885
Next Accounts
Jun 2025
Shareholders
governor & company of the bank of ireland
Group Structure
View All
Industry
Banks
Registered Address
45 gresham street, london, EC2V 7EH
Website
www.bankofirelanduk.combank of ireland (uk) plc Estimated Valuation
Pomanda estimates the enterprise value of BANK OF IRELAND (UK) PLC at £2.3b based on a Turnover of £999m and 2.31x industry multiple (adjusted for size and gross margin).
bank of ireland (uk) plc Estimated Valuation
Pomanda estimates the enterprise value of BANK OF IRELAND (UK) PLC at £3b based on an EBITDA of £337m and a 8.88x industry multiple (adjusted for size and gross margin).
bank of ireland (uk) plc Estimated Valuation
Pomanda estimates the enterprise value of BANK OF IRELAND (UK) PLC at £7.3b based on Net Assets of £1.6b and 4.44x industry multiple (adjusted for liquidity).
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Bank Of Ireland (uk) Plc Overview
Bank Of Ireland (uk) Plc is a live company located in london, EC2V 7EH with a Companies House number of 07022885. It operates in the banks sector, SIC Code 64191. Founded in September 2009, it's largest shareholder is governor & company of the bank of ireland with a 100% stake. Bank Of Ireland (uk) Plc is a established, mega sized company, Pomanda has estimated its turnover at £999m with healthy growth in recent years.
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Bank Of Ireland (uk) Plc Health Check
Pomanda's financial health check has awarded Bank Of Ireland (Uk) Plc a 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
6 Strong
3 Regular
2 Weak
Size
annual sales of £999m, make it larger than the average company (£62.6m)
£999m - Bank Of Ireland (uk) Plc
£62.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a slower rate (17.1%)
11% - Bank Of Ireland (uk) Plc
17.1% - Industry AVG
Production
with a gross margin of 65.5%, this company has a comparable cost of product (65.5%)
65.5% - Bank Of Ireland (uk) Plc
65.5% - Industry AVG
Profitability
an operating margin of 30.6% make it more profitable than the average company (14.4%)
30.6% - Bank Of Ireland (uk) Plc
14.4% - Industry AVG
Employees
with 1492 employees, this is above the industry average (138)
1492 - Bank Of Ireland (uk) Plc
138 - Industry AVG
Pay Structure
on an average salary of £65k, the company has a lower pay structure (£99.1k)
£65k - Bank Of Ireland (uk) Plc
£99.1k - Industry AVG
Efficiency
resulting in sales per employee of £669.6k, this is more efficient (£377k)
£669.6k - Bank Of Ireland (uk) Plc
£377k - Industry AVG
Debtor Days
it gets paid by customers after 5933 days, this is near the average (5182 days)
5933 days - Bank Of Ireland (uk) Plc
5182 days - Industry AVG
Creditor Days
its suppliers are paid after 16909 days, this is slower than average (79 days)
16909 days - Bank Of Ireland (uk) Plc
79 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bank Of Ireland (uk) Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (11 weeks)
6 weeks - Bank Of Ireland (uk) Plc
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.3%, this is a similar level of debt than the average (90.1%)
91.3% - Bank Of Ireland (uk) Plc
90.1% - Industry AVG
BANK OF IRELAND (UK) PLC financials
Bank Of Ireland (Uk) Plc's latest turnover from December 2023 is £999 million and the company has net assets of £1.6 billion. According to their latest financial statements, Bank Of Ireland (Uk) Plc has 1,492 employees and maintains cash reserves of £2.2 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 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 999,000,000 | 729,000,000 | 684,000,000 | 740,000,000 | 816,000,000 | 766,000,000 | 766,000,000 | 880,000,000 | 929,000,000 | 1,020,000,000 | 1,220,000,000 | 1,442,000,000 | 1,338,000,000 | 201,000,000 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 306,000,000 | 222,000,000 | 317,000,000 | 34,000,000 | 144,000,000 | 140,000,000 | 117,000,000 | 158,000,000 | 148,000,000 | 164,000,000 | 27,000,000 | -162,000,000 | -87,000,000 | 14,000,000 | |
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 331,000,000 | 251,000,000 | 410,000,000 | 40,000,000 | 155,000,000 | 173,000,000 | 151,000,000 | 193,000,000 | 224,000,000 | 199,000,000 | 61,000,000 | -130,000,000 | -56,000,000 | 22,000,000 | |
| Tax | -72,000,000 | -23,000,000 | -12,000,000 | -13,000,000 | -58,000,000 | -22,000,000 | -21,000,000 | -29,000,000 | -36,000,000 | -27,000,000 | 4,000,000 | 38,000,000 | 19,000,000 | -6,000,000 | |
| Profit After Tax | 259,000,000 | 228,000,000 | 398,000,000 | 27,000,000 | 97,000,000 | 151,000,000 | 130,000,000 | 164,000,000 | 188,000,000 | 172,000,000 | 65,000,000 | -92,000,000 | -37,000,000 | 16,000,000 | |
| Dividends Paid | 250,000,000 | 250,000,000 | |||||||||||||
| Retained Profit | 9,000,000 | -22,000,000 | 398,000,000 | 27,000,000 | 97,000,000 | 151,000,000 | 130,000,000 | 164,000,000 | 188,000,000 | 172,000,000 | 65,000,000 | -92,000,000 | -37,000,000 | 16,000,000 | |
| Employee Costs | 97,000,000 | 94,000,000 | 95,000,000 | 72,000,000 | 51,000,000 | 52,000,000 | 54,000,000 | 39,000,000 | 33,000,000 | 31,000,000 | 27,000,000 | 21,000,000 | 18,000,000 | 1,000,000 | |
| Number Of Employees | 1,492 | 1,447 | 1,501 | 823 | 661 | 724 | 715 | 505 | 444 | 399 | 380 | 57 | 51 | ||
| EBITDA* | 337,000,000 | 244,000,000 | 342,000,000 | 62,000,000 | 172,000,000 | 140,000,000 | 117,000,000 | 158,000,000 | 148,000,000 | 164,000,000 | 27,000,000 | -162,000,000 | -87,000,000 | 14,000,000 |
* 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 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 389,000,000 | 363,000,000 | 289,000,000 | 216,000,000 | 252,000,000 | 289,000,000 | 1,183,000,000 | 1,217,000,000 | 1,050,000,000 | 1,105,000,000 | 614,000,000 | 416,000,000 | 1,569,000,000 | 1,997,000,000 | |
| Intangible Assets | 26,000,000 | 28,000,000 | 32,000,000 | 36,000,000 | 48,000,000 | 54,000,000 | 61,000,000 | 25,000,000 | 30,000,000 | 39,000,000 | 46,000,000 | 52,000,000 | 59,000,000 | ||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 415,000,000 | 391,000,000 | 321,000,000 | 252,000,000 | 300,000,000 | 343,000,000 | 1,244,000,000 | 1,242,000,000 | 1,080,000,000 | 1,144,000,000 | 660,000,000 | 468,000,000 | 1,628,000,000 | 1,997,000,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 16,239,000,000 | 16,465,000,000 | 18,886,000,000 | 24,058,000,000 | 24,389,000,000 | 23,705,000,000 | 22,980,000,000 | 23,376,000,000 | 23,396,000,000 | 24,948,000,000 | 30,945,000,000 | 45,311,000,000 | 38,064,000,000 | 31,340,000,000 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 2,213,000,000 | 2,239,000,000 | 3,456,000,000 | 2,050,000,000 | 2,134,000,000 | 2,567,000,000 | 1,836,000,000 | 1,172,000,000 | 3,269,000,000 | 2,964,000,000 | 4,125,000,000 | 6,380,000,000 | 6,437,000,000 | 81,000,000 | |
| misc current assets | |||||||||||||||
| total current assets | 18,517,000,000 | 18,756,000,000 | 22,384,000,000 | 26,167,000,000 | 26,634,000,000 | 26,357,000,000 | 24,991,000,000 | 24,718,000,000 | 26,859,000,000 | 28,065,000,000 | 35,235,000,000 | 51,878,000,000 | 44,755,000,000 | 31,669,000,000 | |
| total assets | 18,932,000,000 | 19,147,000,000 | 22,705,000,000 | 26,419,000,000 | 26,934,000,000 | 26,700,000,000 | 26,235,000,000 | 25,960,000,000 | 27,939,000,000 | 29,209,000,000 | 35,895,000,000 | 52,346,000,000 | 46,383,000,000 | 33,666,000,000 | |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 15,969,000,000 | 15,969,000,000 | 19,727,000,000 | 23,150,000,000 | 23,336,000,000 | 23,070,000,000 | 22,695,000,000 | 22,353,000,000 | 24,310,000,000 | 25,699,000,000 | 32,622,000,000 | 49,199,000,000 | 44,109,000,000 | 31,636,000,000 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 190,000,000 | 190,000,000 | 190,000,000 | 290,000,000 | 290,000,000 | 7,000,000 | 290,000,000 | 335,000,000 | 335,000,000 | 658,000,000 | 658,000,000 | 658,000,000 | 523,000,000 | 523,000,000 | |
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 17,290,000,000 | 17,497,000,000 | 20,948,000,000 | 24,603,000,000 | 24,924,000,000 | 24,399,000,000 | 24,223,000,000 | 23,894,000,000 | 25,822,000,000 | 27,431,000,000 | 34,338,000,000 | 50,970,000,000 | 45,003,000,000 | 32,469,000,000 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 3,000,000 | 5,000,000 | 14,000,000 | 15,000,000 | 30,000,000 | 297,000,000 | 13,000,000 | 16,000,000 | 13,000,000 | 11,000,000 | 9,000,000 | 22,000,000 | 25,000,000 | ||
| total liabilities | 17,293,000,000 | 17,502,000,000 | 20,962,000,000 | 24,618,000,000 | 24,954,000,000 | 24,696,000,000 | 24,236,000,000 | 23,910,000,000 | 25,835,000,000 | 27,442,000,000 | 34,347,000,000 | 50,992,000,000 | 45,028,000,000 | 32,469,000,000 | |
| net assets | 1,639,000,000 | 1,645,000,000 | 1,743,000,000 | 1,801,000,000 | 1,980,000,000 | 2,004,000,000 | 1,999,000,000 | 2,050,000,000 | 2,104,000,000 | 1,767,000,000 | 1,548,000,000 | 1,354,000,000 | 1,355,000,000 | 1,197,000,000 | |
| total shareholders funds | 1,639,000,000 | 1,645,000,000 | 1,743,000,000 | 1,801,000,000 | 1,980,000,000 | 2,004,000,000 | 1,999,000,000 | 2,050,000,000 | 2,104,000,000 | 1,767,000,000 | 1,548,000,000 | 1,354,000,000 | 1,355,000,000 | 1,197,000,000 |
| 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 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 306,000,000 | 222,000,000 | 317,000,000 | 34,000,000 | 144,000,000 | 140,000,000 | 117,000,000 | 158,000,000 | 148,000,000 | 164,000,000 | 27,000,000 | -162,000,000 | -87,000,000 | 14,000,000 | |
| Depreciation | 31,000,000 | 22,000,000 | 25,000,000 | 28,000,000 | 28,000,000 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | -72,000,000 | -23,000,000 | -12,000,000 | -13,000,000 | -58,000,000 | -22,000,000 | -21,000,000 | -29,000,000 | -36,000,000 | -27,000,000 | 4,000,000 | 38,000,000 | 19,000,000 | -6,000,000 | |
| Stock | |||||||||||||||
| Debtors | -226,000,000 | -2,421,000,000 | -5,172,000,000 | -331,000,000 | 684,000,000 | 725,000,000 | -396,000,000 | -20,000,000 | -1,552,000,000 | -5,997,000,000 | -14,366,000,000 | 7,247,000,000 | 6,724,000,000 | 31,340,000,000 | |
| Creditors | -3,758,000,000 | -3,423,000,000 | -186,000,000 | 266,000,000 | 375,000,000 | 342,000,000 | -1,957,000,000 | -1,389,000,000 | -6,923,000,000 | -16,577,000,000 | 5,090,000,000 | 12,473,000,000 | 31,636,000,000 | ||
| 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 | -100,000,000 | 283,000,000 | -283,000,000 | -45,000,000 | -323,000,000 | 135,000,000 | 523,000,000 | ||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -26,000,000 | -1,217,000,000 | 1,406,000,000 | -84,000,000 | -433,000,000 | 731,000,000 | 664,000,000 | -2,097,000,000 | 305,000,000 | -1,161,000,000 | -2,255,000,000 | -57,000,000 | 6,356,000,000 | 81,000,000 | |
| overdraft | |||||||||||||||
| change in cash | -26,000,000 | -1,217,000,000 | 1,406,000,000 | -84,000,000 | -433,000,000 | 731,000,000 | 664,000,000 | -2,097,000,000 | 305,000,000 | -1,161,000,000 | -2,255,000,000 | -57,000,000 | 6,356,000,000 | 81,000,000 |
bank of ireland (uk) plc Credit Report and Business Information
Bank Of Ireland (uk) Plc Competitor Analysis
Perform a competitor analysis for bank of ireland (uk) plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2V area or any other competitors across 12 key performance metrics.
bank of ireland (uk) plc Ownership
BANK OF IRELAND (UK) PLC group structure
Bank Of Ireland (Uk) Plc has 5 subsidiary companies.
Ultimate parent company
BANK OF IRELAND (UK) PLC
07022885
5 subsidiaries
bank of ireland (uk) plc directors
Bank Of Ireland (Uk) Plc currently has 11 directors. The longest serving directors include Mr Philip Moore (Apr 2018) and Mr Mark Spain (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Moore | 65 years | Apr 2018 | - | Director | |
| Mr Mark Spain | England | 55 years | Dec 2019 | - | Director |
| Mr Peter Herbert | England | 69 years | May 2020 | - | Director |
| Mrs Clare Goldie-Scot | England | 61 years | Jul 2021 | - | Director |
| Mr Richard Sommers | England | 68 years | Aug 2021 | - | Director |
| Mr Enda Johnson | England | 45 years | May 2022 | - | Director |
| Mr Thomas Wright | England | 50 years | Oct 2022 | - | Director |
| Mrs Gail Goldie | 45 years | Jan 2024 | - | Director | |
| Mrs Helen Page | England | 55 years | Feb 2024 | - | Director |
| Ms Aine McCleary | England | 53 years | Jul 2024 | - | Director |
P&L
December 2023turnover
999m
+37%
operating profit
306m
+38%
gross margin
65.5%
-14.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.6b
0%
total assets
18.9b
-0.01%
cash
2.2b
-0.01%
net assets
Total assets minus all liabilities
bank of ireland (uk) plc company details
company number
07022885
Type
Public limited with Share Capital
industry
64191 - Banks
incorporation date
September 2009
age
16
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
45 gresham street, london, EC2V 7EH
Bank
BANK OF IRELAND (UK) PLC
Legal Advisor
-
bank of ireland (uk) 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 2 charges/mortgages relating to bank of ireland (uk) plc. Currently there are 1 open charges and 1 have been satisfied in the past.
bank of ireland (uk) 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 BANK OF IRELAND (UK) PLC. This can take several minutes, an email will notify you when this has completed.
bank of ireland (uk) plc Companies House Filings - See Documents
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