onesavings bank plc
onesavings bank plc Company Information
Company Number
07312896
Website
http://krbs.comRegistered Address
reliance house sun pier, chatham, kent, ME4 4ET
Industry
Banks
Telephone
01634848944
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
osb group plc 100%
onesavings bank plc Estimated Valuation
Pomanda estimates the enterprise value of ONESAVINGS BANK PLC at £4.6b based on a Turnover of £1.8b and 2.63x industry multiple (adjusted for size and gross margin).
onesavings bank plc Estimated Valuation
Pomanda estimates the enterprise value of ONESAVINGS BANK PLC at £76.5m based on an EBITDA of £5.2m and a 14.72x industry multiple (adjusted for size and gross margin).
onesavings bank plc Estimated Valuation
Pomanda estimates the enterprise value of ONESAVINGS BANK PLC at £10.2b based on Net Assets of £2.1b and 4.73x industry multiple (adjusted for liquidity).
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Onesavings Bank Plc Overview
Onesavings Bank Plc is a live company located in kent, ME4 4ET with a Companies House number of 07312896. It operates in the banks sector, SIC Code 64191. Founded in July 2010, it's largest shareholder is osb group plc with a 100% stake. Onesavings Bank Plc is a established, mega sized company, Pomanda has estimated its turnover at £1.8b with rapid growth in recent years.
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Onesavings Bank Plc Health Check
Pomanda's financial health check has awarded Onesavings Bank Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
1 Weak
Size
annual sales of £1.8b, make it larger than the average company (£88.1m)
£1.8b - Onesavings Bank Plc
£88.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (19.2%)
33% - Onesavings Bank Plc
19.2% - Industry AVG
Production
with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)
70.8% - Onesavings Bank Plc
70.8% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Onesavings Bank Plc
- - Industry AVG
Employees
with 2272 employees, this is above the industry average (166)
2272 - Onesavings Bank Plc
166 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has a lower pay structure (£97.6k)
£53.8k - Onesavings Bank Plc
£97.6k - Industry AVG
Efficiency
resulting in sales per employee of £777.5k, this is more efficient (£400.8k)
£777.5k - Onesavings Bank Plc
£400.8k - Industry AVG
Debtor Days
it gets paid by customers after 6143 days, this is near the average (5479 days)
6143 days - Onesavings Bank Plc
5479 days - Industry AVG
Creditor Days
its suppliers are paid after 18340 days, this is slower than average (86 days)
18340 days - Onesavings Bank Plc
86 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Onesavings Bank Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Onesavings Bank Plc
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.8%, this is a similar level of debt than the average (90.6%)
92.8% - Onesavings Bank Plc
90.6% - Industry AVG
ONESAVINGS BANK PLC financials
Onesavings Bank Plc's latest turnover from December 2023 is £1.8 billion and the company has net assets of £2.1 billion. According to their latest financial statements, Onesavings Bank Plc has 2,272 employees and maintains cash reserves of £400 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,766,500,000 | 1,134,800,000 | 788,200,000 | 748,300,000 | 538,600,000 | 403,800,000 | 326,400,000 | 305,100,000 | 262,000,000 | 336,326,000 | 221,133,000 | 102,796,000 | 51,273,000 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 82,858,000 | 38,746,000 | -3,303,000 | -9,631,000 | ||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 375,400,000 | 532,800,000 | 464,600,000 | 260,300,000 | 209,100,000 | 182,800,000 | 167,700,000 | 163,100,000 | 105,300,000 | 63,745,000 | 31,417,000 | 6,668,000 | -13,247,000 |
| Tax | -91,800,000 | -121,500,000 | -119,600,000 | -64,100,000 | -50,300,000 | -43,200,000 | -40,800,000 | -42,200,000 | -21,200,000 | -12,208,000 | -4,646,000 | 1,297,000 | 2,135,000 |
| Profit After Tax | 283,600,000 | 411,300,000 | 345,000,000 | 196,200,000 | 158,800,000 | 139,600,000 | 126,900,000 | 120,900,000 | 84,100,000 | 51,537,000 | 26,771,000 | 7,965,000 | -11,112,000 |
| Dividends Paid | 335,000,000 | 233,100,000 | 86,700,000 | 0 | 37,300,000 | 33,200,000 | 27,000,000 | 23,300,000 | 14,300,000 | 0 | 0 | 0 | 0 |
| Retained Profit | -51,400,000 | 178,200,000 | 258,300,000 | 196,200,000 | 121,500,000 | 106,400,000 | 99,900,000 | 97,600,000 | 69,800,000 | 51,537,000 | 26,771,000 | 7,965,000 | -11,112,000 |
| Employee Costs | 122,200,000 | 109,300,000 | 92,500,000 | 86,000,000 | 60,500,000 | 43,600,000 | 35,900,000 | 29,500,000 | 21,600,000 | 18,701,000 | 13,421,000 | 8,522,000 | 4,733,000 |
| Number Of Employees | 2,272 | 1,896 | 1,755 | 1,816 | 1,789 | 989 | 813 | 674 | 544 | 419 | 332 | 291 | 254 |
| EBITDA* | 5,200,000 | 5,600,000 | 5,200,000 | 5,600,000 | 3,900,000 | 82,858,000 | 38,746,000 | -3,303,000 | -9,631,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,700,000 | 104,800,000 | 61,000,000 | 43,900,000 | 46,400,000 | 25,300,000 | 26,600,000 | 16,500,000 | 13,000,000 | 6,667,000 | 15,856,000 | 19,703,000 | 126,687,000 |
| Intangible Assets | 26,100,000 | 12,000,000 | 18,400,000 | 20,600,000 | 31,400,000 | 7,800,000 | 6,800,000 | 4,700,000 | 3,100,000 | 2,305,000 | 1,117,000 | 910,000 | 495,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 78,800,000 | 116,800,000 | 79,400,000 | 64,500,000 | 77,800,000 | 33,100,000 | 33,400,000 | 21,200,000 | 16,100,000 | 8,972,000 | 16,973,000 | 20,613,000 | 127,182,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,730,900,000 | 28,279,400,000 | 24,601,000,000 | 22,390,400,000 | 21,307,800,000 | 10,401,200,000 | 8,518,400,000 | 6,500,500,000 | 5,883,900,000 | 4,846,249,000 | 3,672,151,000 | 2,898,089,000 | 2,132,534,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 400,000 | 400,000 | 500,000 | 500,000 | 400,000 | 400,000 | 500,000 | 400,000 | 400,000 | 288,000 | 267,000 | 282,000 | 253,000 |
| misc current assets | 0 | 0 | 0 | 0 | 9,300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 29,758,900,000 | 28,294,800,000 | 24,611,700,000 | 22,590,000,000 | 21,344,400,000 | 10,427,100,000 | 8,555,700,000 | 6,559,700,000 | 5,954,300,000 | 4,927,555,000 | 3,746,913,000 | 2,988,047,000 | 2,229,210,000 |
| total assets | 29,837,700,000 | 28,411,600,000 | 24,691,100,000 | 22,654,500,000 | 21,422,200,000 | 10,460,200,000 | 8,589,100,000 | 6,580,900,000 | 5,970,400,000 | 4,936,527,000 | 3,763,886,000 | 3,008,660,000 | 2,356,392,000 |
| Bank overdraft | 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 |
| Trade Creditors | 25,964,800,000 | 25,068,400,000 | 21,958,300,000 | 20,409,800,000 | 19,486,400,000 | 9,713,700,000 | 6,698,100,000 | 5,981,500,000 | 5,390,900,000 | 4,384,448,000 | 3,551,690,000 | 2,833,548,000 | 2,177,643,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 25,500,000 | 48,100,000 | 48,200,000 | 48,400,000 | 26,200,000 | 36,900,000 | 39,900,000 | 27,573,000 | 27,579,000 | 27,576,000 | 26,842,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 26,241,400,000 | 25,867,300,000 | 22,133,400,000 | 20,469,600,000 | 19,624,300,000 | 9,800,000,000 | 6,758,900,000 | 6,060,000,000 | 5,460,300,000 | 4,431,701,000 | 3,592,164,000 | 2,874,840,000 | 2,248,524,000 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,450,000,000 | 342,500,000 | 532,900,000 | 508,000,000 | 320,900,000 | 1,800,000 | 1,251,400,000 | 102,500,000 | 190,800,000 | 255,222,000 | 16,544,000 | 17,894,000 | 18,426,000 |
| total liabilities | 27,691,400,000 | 26,209,800,000 | 22,666,300,000 | 20,977,600,000 | 19,945,200,000 | 9,801,800,000 | 8,010,300,000 | 6,162,500,000 | 5,651,100,000 | 4,686,923,000 | 3,608,708,000 | 2,892,734,000 | 2,266,950,000 |
| net assets | 2,146,300,000 | 2,201,800,000 | 2,024,800,000 | 1,676,900,000 | 1,477,000,000 | 658,400,000 | 578,800,000 | 418,400,000 | 319,300,000 | 249,604,000 | 155,178,000 | 115,926,000 | 89,442,000 |
| total shareholders funds | 2,146,300,000 | 2,201,800,000 | 2,024,800,000 | 1,676,900,000 | 1,477,000,000 | 658,400,000 | 578,800,000 | 418,400,000 | 319,300,000 | 249,604,000 | 155,178,000 | 115,926,000 | 89,442,000 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 82,858,000 | 38,746,000 | -3,303,000 | -9,631,000 | ||||
| Depreciation | 5,200,000 | 5,600,000 | 5,200,000 | 5,600,000 | 3,900,000 | ||||||||
| Amortisation | |||||||||||||
| Tax | -91,800,000 | -121,500,000 | -119,600,000 | -64,100,000 | -50,300,000 | -43,200,000 | -40,800,000 | -42,200,000 | -21,200,000 | -12,208,000 | -4,646,000 | 1,297,000 | 2,135,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,451,500,000 | 3,678,400,000 | 2,210,600,000 | 1,082,600,000 | 10,906,600,000 | 1,882,800,000 | 2,017,900,000 | 616,600,000 | 1,037,651,000 | 1,174,098,000 | 774,062,000 | 765,555,000 | 2,132,534,000 |
| Creditors | 896,400,000 | 3,110,100,000 | 1,548,500,000 | 923,400,000 | 9,772,700,000 | 3,015,600,000 | 716,600,000 | 590,600,000 | 1,006,452,000 | 832,758,000 | 718,142,000 | 655,905,000 | 2,177,643,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -25,500,000 | -22,600,000 | -100,000 | -200,000 | 22,200,000 | -10,700,000 | -3,000,000 | 12,327,000 | -6,000 | 3,000 | 734,000 | 26,842,000 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | -100,000 | 0 | 100,000 | 0 | -100,000 | 100,000 | 0 | 112,000 | 21,000 | -15,000 | 29,000 | 253,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -100,000 | 0 | 100,000 | 0 | -100,000 | 100,000 | 0 | 112,000 | 21,000 | -15,000 | 29,000 | 253,000 |
onesavings bank plc Credit Report and Business Information
Onesavings Bank Plc Competitor Analysis
Perform a competitor analysis for onesavings bank plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in ME4 area or any other competitors across 12 key performance metrics.
onesavings bank plc Ownership
ONESAVINGS BANK PLC group structure
Onesavings Bank Plc has 10 subsidiary companies.
Ultimate parent company
1 parent
ONESAVINGS BANK PLC
07312896
10 subsidiaries
onesavings bank plc directors
Onesavings Bank Plc currently has 9 directors. The longest serving directors include Mr Andrew Golding (Dec 2011) and Mr David Weymouth (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Golding | 55 years | Dec 2011 | - | Director | |
| Mr David Weymouth | 69 years | Sep 2017 | - | Director | |
| Mrs Sarah Hedger | United Kingdom | 59 years | Feb 2019 | - | Director |
| Mrs Elizabeth Harwerth | England | 76 years | Oct 2019 | - | Director |
| Mr Rajan Kapoor | 72 years | Oct 2019 | - | Director | |
| Mr Simon Walker | United Kingdom | 65 years | Jan 2022 | - | Director |
| Ms Kalvinder Atwal | 53 years | Feb 2023 | - | Director | |
| Mr Henry Daubeney | United Kingdom | 61 years | Jul 2024 | - | Director |
| Ms Victoria Sullivan-Hyde | 48 years | Jul 2024 | - | Director |
P&L
December 2023turnover
1.8b
+56%
operating profit
0
0%
gross margin
70.8%
-10.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.1b
-0.03%
total assets
29.8b
+0.05%
cash
400k
0%
net assets
Total assets minus all liabilities
onesavings bank plc company details
company number
07312896
Type
Public limited with Share Capital
industry
64191 - Banks
incorporation date
July 2010
age
14
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
onesavings plc (February 2011)
onesavings limited (October 2010)
accountant
-
auditor
DELOITTE LLP
address
reliance house sun pier, chatham, kent, ME4 4ET
Bank
-
Legal Advisor
-
onesavings bank 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 onesavings bank plc. Currently there are 0 open charges and 1 have been satisfied in the past.
onesavings bank plc Companies House Filings - See Documents
| date | description | view/download |
|---|
