hsbc global services (uk) limited
hsbc global services (uk) limited Company Information
Company Number
07272547
Next Accounts
Sep 2025
Shareholders
hsbc holdings plc
Group Structure
View All
Industry
Combined office administrative service activities
Registered Address
8 canada square, london, E14 5HQ
Website
http://www.hsbc.comhsbc global services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HSBC GLOBAL SERVICES (UK) LIMITED at £3.5b based on a Turnover of £17.9m and 196.35x industry multiple (adjusted for size and gross margin).
hsbc global services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HSBC GLOBAL SERVICES (UK) LIMITED at £453.9b based on an EBITDA of £368.7m and a 1230.97x industry multiple (adjusted for size and gross margin).
hsbc global services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HSBC GLOBAL SERVICES (UK) LIMITED at £1.9b based on Net Assets of £737m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hsbc Global Services (uk) Limited Overview
Hsbc Global Services (uk) Limited is a live company located in london, E14 5HQ with a Companies House number of 07272547. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in June 2010, it's largest shareholder is hsbc holdings plc with a 100% stake. Hsbc Global Services (uk) Limited is a established, mid sized company, Pomanda has estimated its turnover at £17.9m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hsbc Global Services (uk) Limited Health Check
Pomanda's financial health check has awarded Hsbc Global Services (Uk) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
4 Weak
Size
annual sales of £17.9m, make it larger than the average company (£2m)
£17.9m - Hsbc Global Services (uk) Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hsbc Global Services (uk) Limited
- - Industry AVG
Production
with a gross margin of 21303.1%, this company has a lower cost of product (50.2%)
21303.1% - Hsbc Global Services (uk) Limited
50.2% - Industry AVG
Profitability
an operating margin of 834.5% make it more profitable than the average company (3.1%)
834.5% - Hsbc Global Services (uk) Limited
3.1% - Industry AVG
Employees
with 5836 employees, this is above the industry average (14)
5836 - Hsbc Global Services (uk) Limited
14 - Industry AVG
Pay Structure
on an average salary of £121.6k, the company has a higher pay structure (£45.2k)
£121.6k - Hsbc Global Services (uk) Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £3.1k, this is less efficient (£105.3k)
£3.1k - Hsbc Global Services (uk) Limited
£105.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hsbc Global Services (uk) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hsbc Global Services (uk) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hsbc Global Services (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (24 weeks)
17 weeks - Hsbc Global Services (uk) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.8%, this is a higher level of debt than the average (55.1%)
80.8% - Hsbc Global Services (uk) Limited
55.1% - Industry AVG
HSBC GLOBAL SERVICES (UK) LIMITED financials
Hsbc Global Services (Uk) Limited's latest turnover from December 2023 is £17.9 million and the company has net assets of £737 million. According to their latest financial statements, Hsbc Global Services (Uk) Limited has 5,836 employees and maintains cash reserves of £1.1 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,922,000 | 4,505,000 | 3,586,468,000 | 705,867,000 | ||||||||||
| Other Income Or Grants | 3,866,079,000 | 4,702,595,000 | 4,557,823,000 | |||||||||||
| Cost Of Sales | 66,057,000 | 34,507,000 | 28,357,000 | 8,821,000 | ||||||||||
| Gross Profit | 3,817,944,000 | 4,672,593,000 | 4,529,466,000 | 3,577,647,000 | ||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 27,699,000 | 19,018,000 | 16,148,000 | 8,821,000 | 9,485,000 | 9,676,000 | 396,298 | |||||||
| Interest Receivable | 105,000 | 60,274 | ||||||||||||
| Pre-Tax Profit | 228,405,000 | 240,642,000 | 254,338,000 | 253,616,000 | 265,160,000 | 237,095,000 | 29,843,000 | 25,243,000 | 1,601,000 | -342,075 | ||||
| Tax | -71,228,000 | -53,999,000 | -51,792,000 | -76,807,000 | -68,954,000 | -45,911,000 | -13,820,000 | -8,813,000 | -3,596,000 | 71,836 | ||||
| Profit After Tax | 157,177,000 | 186,643,000 | 202,546,000 | 176,809,000 | 196,206,000 | 191,184,000 | 16,023,000 | 16,430,000 | -1,995,000 | -270,239 | ||||
| Dividends Paid | 489,000,000 | 32,000,000 | 34,000,000 | 54,000,000 | 30,000,000 | |||||||||
| Retained Profit | -331,823,000 | 154,643,000 | 168,546,000 | 122,809,000 | 196,206,000 | 161,184,000 | 16,023,000 | 16,430,000 | -1,995,000 | -270,239 | ||||
| Employee Costs | 709,576,000 | 744,436,000 | 942,949,000 | 1,203,023,000 | 1,166,477,000 | 1,021,804,000 | 1,114,981,000 | 600,430,000 | ||||||
| Number Of Employees | 5,836 | 5,902 | 8,651 | 11,759 | 11,696 | 11,502 | 10,910 | 12,827 | ||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 865,193,000 | 805,413,000 | 1,439,098,000 | 1,408,293,000 | 1,039,550,000 | 761,179,000 | 389,292,000 | 283,048,000 | 337,984,000 | 412,354,230 | ||||
| Intangible Assets | 342,806,000 | 348,230,000 | 105,618,000 | 100,396,000 | 59,701,000 | 50,584,000 | ||||||||
| Investments & Other | 159,100,000 | 93,942,000 | ||||||||||||
| Debtors (Due After 1 year) | 30,142,000 | 81,413,000 | 66,726,000 | 40,519,000 | 79,350,000 | |||||||||
| Total Fixed Assets | 1,207,999,000 | 1,153,643,000 | 1,477,990,000 | 1,468,170,000 | 1,019,901,000 | 811,763,000 | 389,292,000 | 283,048,000 | 337,984,000 | 412,354,230 | ||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | ||||||||||||||
| Group Debtors | 441,643,000 | 722,226,000 | 471,206,000 | 344,124,000 | 497,102,000 | 652,822,000 | 1,656,946,000 | 165,447,000 | 16,846,000 | 100 | ||||
| Misc Debtors | 687,176,000 | 598,704,000 | 574,364,000 | 448,982,000 | 425,053,000 | |||||||||
| Cash | 1,052,206,000 | 1,234,014,000 | 874,922,000 | 665,608,000 | 613,242,000 | 448,728,000 | 15,514,000 | 438,867,000 | 117,893,000 | 23,745,606 | ||||
| misc current assets | 433,276,000 | 316,895,000 | 51,426,000 | 48,265,000 | 47,264,000 | 335,819,000 | 239,351,000 | 71,836 | ||||||
| total current assets | 2,632,651,000 | 2,872,770,000 | 1,972,469,000 | 1,509,615,000 | 1,582,661,000 | 1,437,369,000 | 1,911,811,000 | 604,314,000 | 134,739,000 | 23,817,542 | ||||
| total assets | 3,840,650,000 | 4,026,413,000 | 3,450,459,000 | 2,977,785,000 | 2,602,562,000 | 2,249,132,000 | 2,301,103,000 | 887,362,000 | 472,723,000 | 436,171,772 | ||||
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | ||||||||||||||
| Group/Directors Accounts | 1,168,594,000 | 771,000,000 | 771,000,000 | 771,000,000 | 595,000,000 | 595,000,000 | 425,000,000 | 11,039,562 | ||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 310,935,000 | 375,207,000 | 446,293,000 | 494,246,000 | 130,579,000 | |||||||||
| other current liabilities | 1,624,101,000 | 1,842,595,000 | 1,326,088,000 | 979,649,000 | 1,315,357,000 | 1,270,869,000 | 1,841,139,000 | 411,494,000 | 28,801,000 | 402,349 | ||||
| total current liabilities | 3,103,630,000 | 2,988,802,000 | 2,543,381,000 | 2,244,895,000 | 2,040,936,000 | 1,865,869,000 | 2,266,139,000 | 411,494,000 | 28,801,000 | 11,441,911 | ||||
| loans | 425,000,000 | 425,000,000 | 425,000,000 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 88,042,000 | |||||||||||||
| total long term liabilities | 469,021,000 | 425,000,000 | 425,000,000 | |||||||||||
| total liabilities | 3,103,630,000 | 2,988,802,000 | 2,543,381,000 | 2,244,895,000 | 2,040,936,000 | 1,865,869,000 | 2,266,139,000 | 880,515,000 | 453,801,000 | 436,441,911 | ||||
| net assets | 737,020,000 | 1,037,611,000 | 907,078,000 | 732,890,000 | 561,626,000 | 383,263,000 | 34,964,000 | 6,847,000 | 18,922,000 | -270,139 | ||||
| total shareholders funds | 737,020,000 | 1,037,611,000 | 907,078,000 | 732,890,000 | 561,626,000 | 383,263,000 | 34,964,000 | 6,847,000 | 18,922,000 | -270,139 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 193,033,000 | 237,099,000 | 223,410,000 | 220,914,000 | 187,092,000 | 136,451,000 | 52,338,000 | 62,027,000 | 80,040,000 | |||||
| Amortisation | 26,112,000 | 26,735,000 | 15,658,000 | |||||||||||
| Tax | -71,228,000 | -53,999,000 | -51,792,000 | -76,807,000 | -68,954,000 | -45,911,000 | -13,820,000 | -8,813,000 | -3,596,000 | 71,836 | ||||
| Stock | ||||||||||||||
| Debtors | -243,382,000 | 290,047,000 | 278,671,000 | -167,880,000 | 348,683,000 | -1,004,124,000 | 1,491,499,000 | 148,601,000 | 16,845,900 | 100 | ||||
| Creditors | ||||||||||||||
| Accruals and Deferred Income | -218,494,000 | 516,507,000 | 346,439,000 | -335,708,000 | 44,488,000 | -570,270,000 | 1,429,645,000 | 382,693,000 | 28,398,651 | 402,349 | ||||
| Deferred Taxes & Provisions | -88,042,000 | 88,042,000 | ||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -159,100,000 | 65,158,000 | 93,942,000 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 397,594,000 | 176,000,000 | 170,000,000 | 425,000,000 | -11,039,562 | 11,039,562 | ||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -425,000,000 | 425,000,000 | ||||||||||||
| Hire Purchase and Lease Commitments | -64,272,000 | -71,086,000 | -47,953,000 | 363,667,000 | 130,579,000 | |||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -27,699,000 | -19,018,000 | -16,148,000 | -8,821,000 | -9,485,000 | -9,571,000 | -336,024 | |||||||
| cash flow from financing | 364,554,000 | -95,196,000 | -42,311,000 | 560,423,000 | 93,718,000 | 340,967,000 | 3,273,000 | -37,990,000 | 576,577 | 435,703,638 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -181,808,000 | 359,092,000 | 209,314,000 | 52,366,000 | 164,514,000 | 433,214,000 | -423,353,000 | 320,974,000 | 94,147,394 | 23,745,606 | ||||
| overdraft | ||||||||||||||
| change in cash | -181,808,000 | 359,092,000 | 209,314,000 | 52,366,000 | 164,514,000 | 433,214,000 | -423,353,000 | 320,974,000 | 94,147,394 | 23,745,606 |
hsbc global services (uk) limited Credit Report and Business Information
Hsbc Global Services (uk) Limited Competitor Analysis
Perform a competitor analysis for hsbc global services (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
hsbc global services (uk) limited Ownership
HSBC GLOBAL SERVICES (UK) LIMITED group structure
Hsbc Global Services (Uk) Limited has no subsidiary companies.
Ultimate parent company
2 parents
HSBC GLOBAL SERVICES (UK) LIMITED
07272547
hsbc global services (uk) limited directors
Hsbc Global Services (Uk) Limited currently has 5 directors. The longest serving directors include Mr James Elder (Sep 2020) and Mr Simon Parsons (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Elder | United Kingdom | 56 years | Sep 2020 | - | Director |
| Mr Simon Parsons | United Kingdom | 48 years | Nov 2020 | - | Director |
| Mr Karsten Thiem | Hong Kong | 46 years | Nov 2020 | - | Director |
| Mr Russell Jackson | United Kingdom | 41 years | Nov 2023 | - | Director |
| Ms Josephine Ford | United Kingdom | 56 years | May 2024 | - | Director |
P&L
December 2023turnover
17.9m
+298%
operating profit
149.6m
0%
gross margin
21303.2%
-79.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
737m
-0.29%
total assets
3.8b
-0.05%
cash
1.1b
-0.15%
net assets
Total assets minus all liabilities
hsbc global services (uk) limited company details
company number
07272547
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
June 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
hsbc mena holdings (uk) limited (September 2014)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
8 canada square, london, E14 5HQ
Bank
-
Legal Advisor
-
hsbc global services (uk) 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 hsbc global services (uk) limited.
hsbc global services (uk) 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.
Click to start generating capital raising & share issue transactions for HSBC GLOBAL SERVICES (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
hsbc global services (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
