valaris plc
valaris plc Company Information
Company Number
07023598
Next Accounts
1391 days late
Directors
-
Shareholders
cede & company
ensco international incorporated
Group Structure
View All
Industry
Support activities for petroleum and natural gas extraction
Registered Address
suite 3 regency house, 91 western road, brighton, BN1 2NW
Website
www.enscorowan.comvalaris plc Estimated Valuation
Pomanda estimates the enterprise value of VALARIS PLC at £0 based on a Turnover of £1.7b and -1.01x industry multiple (adjusted for size and gross margin).
valaris plc Estimated Valuation
Pomanda estimates the enterprise value of VALARIS PLC at £5.5b based on an EBITDA of £-1.6b and a -3.35x industry multiple (adjusted for size and gross margin).
valaris plc Estimated Valuation
Pomanda estimates the enterprise value of VALARIS PLC at £3.3b based on Net Assets of £2.4b and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Valaris Plc Overview
Valaris Plc is a live company located in brighton, BN1 2NW with a Companies House number of 07023598. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in September 2009, it's largest shareholder is cede & company with a 100% stake. Valaris Plc is a established, mega sized company, Pomanda has estimated its turnover at £1.7b with declining growth in recent years.
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Valaris Plc Health Check
Pomanda's financial health check has awarded Valaris Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.7b, make it larger than the average company (£14m)
£1.7b - Valaris Plc
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (0%)
-6% - Valaris Plc
0% - Industry AVG
Production
with a gross margin of -122%, this company has a higher cost of product (20.8%)
-122% - Valaris Plc
20.8% - Industry AVG
Profitability
an operating margin of -122.2% make it less profitable than the average company (3.6%)
-122.2% - Valaris Plc
3.6% - Industry AVG
Employees
with 5124 employees, this is above the industry average (43)
5124 - Valaris Plc
43 - Industry AVG
Pay Structure
on an average salary of £120.3k, the company has a higher pay structure (£69.7k)
£120.3k - Valaris Plc
£69.7k - Industry AVG
Efficiency
resulting in sales per employee of £325.1k, this is more efficient (£241.8k)
£325.1k - Valaris Plc
£241.8k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (54 days)
86 days - Valaris Plc
54 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is close to average (23 days)
23 days - Valaris Plc
23 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is more than average (21 days)
27 days - Valaris Plc
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (6 weeks)
6 weeks - Valaris Plc
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (62.1%)
71.4% - Valaris Plc
62.1% - Industry AVG
VALARIS PLC financials
Valaris Plc's latest turnover from December 2019 is £1.7 billion and the company has net assets of £2.4 billion. According to their latest financial statements, Valaris Plc has 5,124 employees and maintains cash reserves of £78.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,665,612,071 | 1,383,467,186 | 1,412,368,764 | 1,978,479,299 | 3,155,742,773 | 3,355,569,281 | 3,241,615,603 | 2,551,021,617 | 1,878,105,180 | 1,069,582,629 | 1,227,603,810 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 3,697,412,185 | 1,447,716,395 | 1,404,781,976 | 1,265,730,777 | 2,356,392,023 | 2,505,936,449 | 2,093,760,295 | 1,650,222,091 | 1,324,193,975 | 629,935,548 | 604,432,547 |
| Gross Profit | -2,031,800,114 | -64,249,209 | 7,586,788 | 712,748,521 | 799,350,750 | 849,632,832 | 1,147,855,307 | 900,799,526 | 553,911,205 | 439,647,081 | 623,171,263 |
| Admin Expenses | 3,812,768 | 79,419,161 | 105,142,156 | 70,262,951 | 3,560,519,400 | 3,088,943,792 | 96,725,308 | 86,704,175 | 89,719,873 | 53,939,053 | 40,341,157 |
| Operating Profit | -2,035,612,882 | -143,668,370 | -97,555,368 | 642,485,570 | -2,761,168,650 | -2,239,310,960 | 1,051,129,999 | 814,095,351 | 464,191,332 | 385,708,028 | 582,830,106 |
| Interest Payable | 358,562,505 | 204,429,302 | 166,985,976 | 200,954,892 | 193,538,414 | 120,993,755 | 104,632,009 | 73,201,066 | 117,798,626 | ||
| Interest Receivable | 194,856,818 | 189,827,208 | 117,403,632 | 229,245,350 | 12,521,255 | 11,392,491 | 39,138,169 | 16,641,989 | 11,363,636 | 6,758,025 | 5,416,173 |
| Pre-Tax Profit | -2,212,866,066 | -194,937,941 | -154,801,134 | 658,661,726 | -2,937,548,307 | -2,314,872,006 | 983,395,928 | 745,572,994 | 429,637,949 | 427,257,368 | 587,561,477 |
| Tax | -87,612,558 | -72,280,360 | -59,008,353 | -56,367,135 | 10,588,963 | -48,452,405 | -154,510,114 | -166,064,554 | -60,385,835 | -72,023,027 | -120,214,157 |
| Profit After Tax | -2,300,478,624 | -267,218,301 | -213,809,487 | 602,294,591 | -2,926,959,345 | -2,363,324,411 | 828,885,814 | 579,508,439 | 369,252,114 | 355,234,341 | 467,347,320 |
| Dividends Paid | 3,650,523 | 14,602,093 | 10,575,523 | 8,266,230 | 109,135,879 | 483,357,354 | 346,313,501 | 206,159,313 | 193,115,751 | 96,176,710 | 8,840,192 |
| Retained Profit | -2,299,424,029 | -279,305,589 | -224,768,181 | 589,111,380 | -3,042,974,185 | -2,856,358,520 | 476,181,063 | 369,203,435 | 172,700,846 | 255,052,875 | 455,332,130 |
| Employee Costs | 616,613,937 | 457,937,860 | 421,258,334 | 447,017,744 | 654,428,814 | 720,609,430 | 686,235,751 | 515,842,464 | 415,367,336 | 187,472,624 | 178,671,481 |
| Number Of Employees | 5,124 | 4,510 | 4,438 | 5,036 | 6,833 | 7,998 | 7,804 | 7,350 | 5,267 | 2,586 | 2,581 |
| EBITDA* | -1,635,028,799 | 232,173,278 | 394,666,257 | 978,194,256 | -1,877,106,199 | -1,384,325,030 | 1,557,817,750 | 1,273,437,962 | 808,602,007 | 535,135,473 | 721,969,744 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,569,319,380 | 7,251,399,367 | 7,012,414,744 | 5,131,404,546 | 5,718,039,882 | 7,399,148,994 | 9,418,923,370 | 7,778,738,525 | 8,194,635,306 | 3,155,121,707 | 2,786,465,790 |
| Intangible Assets | -622,617,020 | -93,291,149 | -80,006,131 | 4,173,752 | 478,004,255 | 1,806,417,606 | 1,751,969,203 | 2,093,155,391 | 67,893,123 | 77,631,825 | |
| Investments & Other | 105,459,560 | 2,109,192 | 1,609,319 | 1 | 1 | 1 | 1 | 31,349,728 | 41,586,254 | ||
| Debtors (Due After 1 year) | 462,237,365 | 66,520,645 | 65,675,530 | 59,858,904 | 99,010,666 | 168,348,088 | 140,805,165 | 134,675,747 | 161,601,479 | 88,980,664 | 109,879,848 |
| Total Fixed Assets | 7,514,399,286 | 7,226,738,055 | 6,999,693,463 | 5,191,263,450 | 5,821,224,301 | 8,045,501,338 | 11,366,146,142 | 9,665,383,476 | 10,449,392,178 | 3,343,345,222 | 3,015,563,718 |
| Stock & work in progress | 275,898,434 | 217,490,062 | 213,656,219 | 160,478,871 | 181,867,367 | 164,916,615 | 168,808,065 | 122,949,363 | 124,801,797 | 35,291,909 | 33,057,337 |
| Trade Debtors | 393,201,914 | 279,630,080 | 263,468,465 | 257,250,766 | 449,837,687 | 606,204,104 | 563,813,665 | 480,544,862 | 562,698,203 | 134,284,463 | 202,079,313 |
| Group Debtors | |||||||||||
| Misc Debtors | 114,788,675 | 86,071,225 | 85,830,331 | 79,099,266 | 133,328,180 | 129,709,697 | 125,057,653 | 94,995,558 | 99,233,615 | 63,512,921 | 80,059,764 |
| Cash | 78,851,302 | 223,168,654 | 341,328,837 | 826,409,178 | 93,754,831 | 456,248,713 | 109,112,473 | 288,480,900 | 284,553,383 | 657,468,244 | 710,577,103 |
| misc current assets | 266,893,810 | 337,190,589 | 1,028,005,416 | 912,042,047 | 519,730,972 | 32,944,587 | 29,612,082 | 21,273,784 | |||
| total current assets | 862,740,326 | 1,073,253,833 | 1,241,474,442 | 2,351,243,497 | 1,770,830,113 | 1,876,810,102 | 999,736,443 | 1,016,582,766 | 1,092,560,782 | 890,557,537 | 1,025,773,517 |
| total assets | 8,377,139,612 | 8,299,991,888 | 8,241,167,906 | 7,542,506,948 | 7,592,054,413 | 9,922,311,441 | 12,365,882,585 | 10,681,966,242 | 11,541,952,960 | 4,233,902,760 | 4,041,337,235 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 233,227,874 | 170,763,365 | 331,519,657 | 596,451,222 | 173,597,156 | 256,125,180 | 224,747,974 | 211,904,057 | 425,145,349 | 102,308,992 | 99,047,500 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 194,694,572 | 81,609,475 | 63,683,040 | 76,101,996 | 68,344,684 | 113,966,701 | 10,707,837 | ||||
| hp & lease commitments | |||||||||||
| other current liabilities | 216,841,080 | 166,139,368 | 174,036,324 | 411,578,296 | 487,200,603 | 353,231,864 | 279,182,706 | 303,382,663 | 100,306,614 | 157,691,589 | |
| total current liabilities | 644,763,527 | 418,512,209 | 569,239,022 | 596,451,222 | 585,175,452 | 743,325,784 | 654,081,834 | 559,431,448 | 842,494,715 | 202,615,606 | 267,446,928 |
| loans | 4,730,996,998 | 3,985,803,520 | 3,758,295,654 | 4,535,940,639 | 3,098,767,872 | 2,830,441,220 | 3,207,056,025 | 161,629,434 | 154,392,081 | ||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 7,868,905 | 16,630,161 | 39,236,723 | 168,959,653 | 143,374,843 | 132,958,246 | 31,874,494 | ||||
| other liabilities | 111,219,274 | 103,674,860 | 111,426,162 | 3,841,088,861 | 59,128,149 | 4,368,608,880 | 101,271,661 | 121,587,207 | 227,801,268 | 48,369,939 | 16,061,756 |
| provisions | 283,929,585 | 225,196,722 | 161,774,848 | 117,936,293 | 133,328,180 | 258,733,099 | 401,133,293 | 338,584,542 | 291,556,553 | 224,892,059 | 262,715,557 |
| total long term liabilities | 5,336,497,120 | 4,331,305,265 | 4,070,733,390 | 3,959,025,155 | 4,897,356,624 | 4,627,341,981 | 3,744,547,671 | 3,423,571,217 | 3,726,413,848 | 434,891,433 | 465,043,890 |
| total liabilities | 5,981,260,647 | 4,749,817,474 | 4,639,972,412 | 4,555,476,378 | 5,482,532,076 | 5,370,667,765 | 4,398,629,505 | 3,983,002,665 | 4,568,908,562 | 637,507,039 | 732,490,817 |
| net assets | 2,395,878,965 | 3,550,174,414 | 3,601,195,494 | 2,983,895,104 | 2,106,198,794 | 4,546,221,948 | 7,962,443,171 | 6,695,587,800 | 6,969,608,879 | 3,592,954,133 | 3,303,928,282 |
| total shareholders funds | 2,395,878,965 | 3,550,174,414 | 3,601,195,494 | 2,983,895,104 | 2,106,198,794 | 4,546,221,948 | 7,962,443,171 | 6,695,587,800 | 6,969,608,879 | 3,592,954,133 | 3,303,928,282 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -2,035,612,882 | -143,668,370 | -97,555,368 | 642,485,570 | -2,761,168,650 | -2,239,310,960 | 1,051,129,999 | 814,095,351 | 464,191,332 | 385,708,028 | 582,830,106 |
| Depreciation | 365,052,324 | 343,311,430 | 296,421,182 | 335,708,687 | 383,598,701 | 410,610,116 | 403,175,858 | 337,103,938 | 276,757,400 | 139,290,407 | 128,992,094 |
| Amortisation | 35,531,759 | 32,530,218 | 195,800,444 | 500,463,750 | 444,375,814 | 103,511,892 | 122,238,673 | 67,653,276 | 10,137,037 | 10,147,544 | |
| Tax | -87,612,558 | -72,280,360 | -59,008,353 | -56,367,135 | 10,588,963 | -48,452,405 | -154,510,114 | -166,064,554 | -60,385,835 | -72,023,027 | -120,214,157 |
| Stock | 58,408,372 | 3,833,844 | 53,177,348 | -21,388,496 | 16,950,752 | -3,891,450 | 45,858,701 | -1,852,434 | 89,509,888 | 2,234,572 | 33,057,337 |
| Debtors | 538,006,003 | 17,247,625 | 18,765,390 | -285,967,597 | -222,085,356 | 74,585,406 | 119,460,316 | -113,317,130 | 536,755,249 | -105,240,877 | 392,018,925 |
| Creditors | 62,464,509 | -160,756,292 | -264,931,565 | 422,854,066 | -82,528,024 | 31,377,206 | 12,843,917 | -213,241,292 | 322,836,357 | 3,261,491 | 99,047,500 |
| Accruals and Deferred Income | 41,940,456 | -30,503,518 | 213,273,047 | -580,537,949 | 93,337,346 | -9,406,104 | 84,465,755 | 108,758,289 | 203,076,049 | -89,259,469 | 189,566,083 |
| Deferred Taxes & Provisions | 58,732,863 | 63,421,874 | 43,838,555 | -15,391,887 | -125,404,919 | -142,400,194 | 62,548,751 | 47,027,989 | 66,664,494 | -37,823,498 | 262,715,557 |
| Cash flow from operations | -2,155,917,904 | 10,973,513 | 255,895,204 | 1,056,107,445 | -1,775,978,229 | -1,623,900,483 | 1,397,847,041 | 1,165,087,958 | 714,527,936 | 442,297,274 | 728,008,465 |
| Investing Activities | |||||||||||
| capital expenditure | 855,439,279 | -194,288,959 | 415,204,230 | -372,692,938 | -1,507,961,044 | -1,091,783,619 | -923,778,501 | -2,147,198,731 | -424,191,227 | -509,182,593 | |
| Change in Investments | 103,350,369 | 499,873 | 1,609,319 | -31,349,727 | -10,236,526 | 41,586,254 | |||||
| cash flow from investments | 752,088,910 | -194,788,832 | 413,594,911 | -372,692,938 | -1,507,961,044 | -1,091,783,619 | -923,778,501 | -2,115,849,004 | -413,954,701 | -550,768,847 | |
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | 113,085,097 | 17,926,435 | 63,683,040 | -76,101,996 | 7,757,312 | -45,622,017 | 113,966,701 | -10,707,837 | 10,707,837 | ||
| Long term loans | 745,193,478 | 227,507,866 | 3,758,295,654 | -4,535,940,639 | 4,535,940,639 | -3,098,767,872 | 268,326,652 | -376,614,805 | 3,045,426,591 | 7,237,353 | 154,392,081 |
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | 7,544,414 | -7,751,302 | -3,729,662,699 | 3,781,960,712 | -4,309,480,731 | 4,267,337,219 | -20,315,546 | -106,214,061 | 179,431,329 | 32,308,183 | 16,061,756 |
| share issue | |||||||||||
| interest | -163,705,687 | -14,602,094 | -49,582,344 | 28,290,458 | -181,017,159 | -109,601,264 | -65,493,840 | -56,559,077 | -106,434,990 | 6,758,025 | 5,416,173 |
| cash flow from financing | 1,847,245,882 | 451,365,414 | 884,802,222 | -437,104,539 | 648,393,781 | 423,003,384 | 980,948,886 | -1,228,234,475 | 6,436,343,531 | 69,568,700 | 3,035,173,999 |
| cash and cash equivalents | |||||||||||
| cash | -144,317,352 | -118,160,183 | -485,080,341 | 732,654,348 | -362,493,882 | 347,136,240 | -179,368,427 | 3,927,518 | -372,914,861 | -53,108,859 | 710,577,103 |
| overdraft | |||||||||||
| change in cash | -144,317,352 | -118,160,183 | -485,080,341 | 732,654,348 | -362,493,882 | 347,136,240 | -179,368,427 | 3,927,518 | -372,914,861 | -53,108,859 | 710,577,103 |
valaris plc Credit Report and Business Information
Valaris Plc Competitor Analysis
Perform a competitor analysis for valaris plc by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in BN1 area or any other competitors across 12 key performance metrics.
valaris plc Ownership
VALARIS PLC group structure
Valaris Plc has 3 subsidiary companies.
Ultimate parent company
CEDE & CO
#0149427
1 parent
VALARIS PLC
07023598
3 subsidiaries
valaris plc directors
Valaris Plc currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
P&L
December 2019turnover
1.7b
+20%
operating profit
-2b
+1317%
gross margin
-121.9%
+2526.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
2.4b
-0.33%
total assets
8.4b
+0.01%
cash
78.9m
-0.65%
net assets
Total assets minus all liabilities
valaris plc company details
company number
07023598
Type
Public limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
September 2009
age
16
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2019
previous names
ensco rowan plc (July 2019)
ensco plc (April 2019)
See moreaccountant
-
auditor
KPMG LLP
address
suite 3 regency house, 91 western road, brighton, BN1 2NW
Bank
-
Legal Advisor
-
valaris 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 1 charges/mortgages relating to valaris plc. Currently there are 0 open charges and 1 have been satisfied in the past.
valaris 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 VALARIS PLC. This can take several minutes, an email will notify you when this has completed.
valaris plc Companies House Filings - See Documents
| date | description | view/download |
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