saxo capital markets uk ltd
saxo capital markets uk ltd Company Information
Company Number
07413871
Next Accounts
Sep 2025
Shareholders
saxo bank a/s
Group Structure
View All
Industry
Security and commodity contracts brokerage
Registered Address
40 bank street, canary wharf, london, E14 5DA
Website
www.saxobank.co.uksaxo capital markets uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SAXO CAPITAL MARKETS UK LTD at £36.5m based on a Turnover of £29.6m and 1.23x industry multiple (adjusted for size and gross margin).
saxo capital markets uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SAXO CAPITAL MARKETS UK LTD at £83.1m based on an EBITDA of £15.3m and a 5.45x industry multiple (adjusted for size and gross margin).
saxo capital markets uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SAXO CAPITAL MARKETS UK LTD at £116.5m based on Net Assets of £66.1m and 1.76x industry multiple (adjusted for liquidity).
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Saxo Capital Markets Uk Ltd Overview
Saxo Capital Markets Uk Ltd is a live company located in london, E14 5DA with a Companies House number of 07413871. It operates in the security and commodity contracts dealing activities sector, SIC Code 66120. Founded in October 2010, it's largest shareholder is saxo bank a/s with a 100% stake. Saxo Capital Markets Uk Ltd is a established, large sized company, Pomanda has estimated its turnover at £29.6m with declining growth in recent years.
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Saxo Capital Markets Uk Ltd Health Check
Pomanda's financial health check has awarded Saxo Capital Markets Uk Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £29.6m, make it larger than the average company (£10.4m)
£29.6m - Saxo Capital Markets Uk Ltd
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.8%)
-3% - Saxo Capital Markets Uk Ltd
4.8% - Industry AVG
Production
with a gross margin of 41.3%, this company has a comparable cost of product (41.3%)
41.3% - Saxo Capital Markets Uk Ltd
41.3% - Industry AVG
Profitability
an operating margin of 48.9% make it more profitable than the average company (7.6%)
48.9% - Saxo Capital Markets Uk Ltd
7.6% - Industry AVG
Employees
with 62 employees, this is above the industry average (18)
62 - Saxo Capital Markets Uk Ltd
18 - Industry AVG
Pay Structure
on an average salary of £150.4k, the company has a higher pay structure (£121.7k)
£150.4k - Saxo Capital Markets Uk Ltd
£121.7k - Industry AVG
Efficiency
resulting in sales per employee of £477.7k, this is more efficient (£350.1k)
£477.7k - Saxo Capital Markets Uk Ltd
£350.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Saxo Capital Markets Uk Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (74 days)
0 days - Saxo Capital Markets Uk Ltd
74 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Saxo Capital Markets Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (36 weeks)
10 weeks - Saxo Capital Markets Uk Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.9%, this is a lower level of debt than the average (70.9%)
56.9% - Saxo Capital Markets Uk Ltd
70.9% - Industry AVG
SAXO CAPITAL MARKETS UK LTD financials
Saxo Capital Markets Uk Ltd's latest turnover from December 2023 is £29.6 million and the company has net assets of £66.1 million. According to their latest financial statements, Saxo Capital Markets Uk Ltd has 62 employees and maintains cash reserves of £16.3 million 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 | 29,614,500 | 29,145,358 | 32,087,262 | 32,014,670 | 23,485,129 | 28,198,397 | 25,221,979 | 25,593,775 | 14,755,171 | 13,161,994 | 11,869,255 | ||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | 14,468,079 | 13,206,298 | 15,563,436 | 16,712,577 | 6,013,215 | 8,163,733 | 8,005,952 | 8,969,508 | -1,426,726 | 5,726,453 | 5,449,236 | 1,828,537 | -153,441 |
| Interest Payable | 149,923 | 230,227 | 320,186 | 628,278 | 952,607 | 145,129 | 200,187 | 132,207 | 50,398 | 15,981 | 86,140 | 20,030 | |
| Interest Receivable | 492,584 | 115,246 | 154,183 | 276,830 | 283,116 | 161,763 | 134,538 | 419,504 | 666,640 | 209,691 | 21,068 | 12,862 | 899 |
| Pre-Tax Profit | 14,810,740 | 13,091,317 | 15,397,433 | 16,361,129 | 5,343,724 | 8,180,367 | 7,940,303 | 9,256,805 | -810,484 | 5,920,163 | 5,384,164 | 1,821,369 | -152,542 |
| Tax | -3,583,182 | -2,619,754 | -2,983,850 | -3,148,118 | -1,043,697 | -1,606,750 | -1,581,367 | -1,888,295 | 8,662 | -1,471,684 | -1,208,798 | -493,226 | 18,174 |
| Profit After Tax | 11,227,558 | 10,471,563 | 12,413,583 | 13,213,011 | 4,300,027 | 6,573,617 | 6,358,936 | 7,368,510 | -801,822 | 4,448,479 | 4,175,366 | 1,328,143 | -134,368 |
| Dividends Paid | 10,000,000 | 4,300,027 | 6,573,600 | ||||||||||
| Retained Profit | 1,227,558 | 10,471,563 | 8,113,556 | 6,639,411 | 4,300,027 | 6,573,617 | 6,358,936 | 7,368,510 | -801,822 | 4,448,479 | 4,175,366 | 1,328,143 | -134,368 |
| Employee Costs | 9,325,334 | 7,533,006 | 8,780,763 | 8,315,349 | 8,513,510 | 10,977,730 | 12,493,176 | 12,039,433 | 9,880,055 | 3,824,733 | 3,557,833 | 4,428,123 | 32,388 |
| Number Of Employees | 62 | 63 | 63 | 62 | 81 | 83 | 83 | 86 | 69 | 43 | 34 | 34 | 1 |
| EBITDA* | 15,257,883 | 14,187,399 | 16,207,610 | 17,349,232 | 6,549,629 | 8,333,675 | 8,176,587 | 9,101,683 | -1,316,863 | 5,852,783 | 5,482,199 | 1,835,639 | -153,441 |
* 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 | 65,998 | 54,590 | 599,215 | 1,106,366 | 1,567,179 | 316,132 | 136,594 | 264,471 | 384,036 | 355,268 | 431,982 | 17,211 | 18,174 |
| Intangible Assets | 2,483,269 | 793,845 | 947,636 | 154,594 | 252,232 | 349,870 | 447,505 | ||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 6,977 | ||||||||||||
| Total Fixed Assets | 2,549,267 | 848,435 | 1,546,851 | 1,260,960 | 1,819,411 | 666,002 | 584,099 | 264,471 | 384,036 | 355,268 | 431,982 | 17,211 | 18,174 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 40,309,406 | ||||||||||||
| Group Debtors | 57,783,714 | 64,285,413 | 31,376,434 | 29,297,637 | 26,662,608 | 29,654,708 | 22,252,143 | 25,821,697 | 11,458,370 | 7,507,548 | 2,000,000 | ||
| Misc Debtors | 76,696,344 | 51,637,688 | 19,456,081 | 12,407,826 | 10,220,387 | 2,506,040 | 3,206,619 | 1,485,612 | 712,195 | 594,779 | 113,422 | 25,226 | |
| Cash | 16,308,773 | 9,496,186 | 7,238,139 | 7,700,540 | 5,605,436 | 5,737,839 | 5,013,876 | 4,938,339 | 5,348,593 | 5,330,640 | 4,402,459 | 4,161,249 | 4,000,892 |
| misc current assets | 43,803,025 | 44,005,139 | 23,200,037 | 26,209,305 | 25,112,437 | 38,775,464 | 29,925,733 | 42,508,751 | 28,103,249 | 7,331,481 | |||
| total current assets | 150,795,674 | 125,427,086 | 101,873,679 | 93,411,142 | 65,688,468 | 72,256,550 | 62,287,061 | 69,172,565 | 62,581,635 | 60,009,956 | 40,608,035 | 11,606,152 | 6,026,118 |
| total assets | 153,344,941 | 126,275,521 | 103,420,530 | 94,672,102 | 67,507,879 | 72,922,552 | 62,871,160 | 69,437,036 | 62,965,671 | 60,365,224 | 41,040,017 | 11,623,363 | 6,044,292 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 13,958 | 46,757 | 74,236 | 119 | 144,349 | 369,918 | 95,960 | 439,991 | 167,318 | 268,279 | 37,104 | 345,298 | 68,271 |
| Group/Directors Accounts | 2,511,943 | 29,925,733 | 42,508,751 | ||||||||||
| other short term finances | 43,803,025 | 44,005,139 | 23,200,037 | 25,891,994 | 24,796,649 | 38,775,464 | |||||||
| hp & lease commitments | 212,929 | 434,700 | 421,286 | 410,338 | |||||||||
| other current liabilities | 84,438,456 | 61,176,000 | 4,545,817 | 3,388,806 | 3,121,172 | 11,150,942 | 6,494,170 | 7,539,564 | 17,533,597 | 1,590,574 | 29,453,772 | 4,080,159 | 110,389 |
| total current liabilities | 84,665,343 | 61,222,757 | 48,857,778 | 47,815,350 | 26,875,896 | 37,412,854 | 33,898,722 | 46,755,019 | 47,626,648 | 44,367,604 | 29,490,876 | 4,425,457 | 178,660 |
| loans | 4,723,476 | 869,398 | 1,712,422 | ||||||||||
| hp & lease commitments | 2,361,738 | 434,699 | 856,211 | ||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | 507,242 | 507,242 | 507,242 | 507,242 | 507,242 | 436,590 | 360,000 | 360,000 | 360,000 | 360,000 | 360,000 | 8,262 | |
| total long term liabilities | 2,615,359 | 253,621 | 253,621 | 688,320 | 1,109,832 | 218,295 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 4,131 | |
| total liabilities | 87,280,702 | 61,476,378 | 49,111,399 | 48,503,670 | 27,985,728 | 37,631,149 | 34,078,722 | 46,935,019 | 47,806,648 | 44,547,604 | 29,670,876 | 4,429,588 | 178,660 |
| net assets | 66,064,239 | 64,799,143 | 54,309,131 | 46,168,432 | 39,522,151 | 35,291,403 | 28,792,438 | 22,502,017 | 15,159,023 | 15,817,620 | 11,369,141 | 7,193,775 | 5,865,632 |
| total shareholders funds | 66,064,239 | 64,799,143 | 54,309,131 | 46,168,432 | 39,522,151 | 35,291,403 | 28,792,438 | 22,502,017 | 15,159,023 | 15,817,620 | 11,369,141 | 7,193,775 | 5,865,632 |
| 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 | 14,468,079 | 13,206,298 | 15,563,436 | 16,712,577 | 6,013,215 | 8,163,733 | 8,005,952 | 8,969,508 | -1,426,726 | 5,726,453 | 5,449,236 | 1,828,537 | -153,441 |
| Depreciation | 400,578 | 550,310 | 546,536 | 539,017 | 438,776 | 72,307 | 129,953 | 132,175 | 109,863 | 126,330 | 32,963 | 7,102 | |
| Amortisation | 389,226 | 430,791 | 97,638 | 97,638 | 97,638 | 97,635 | 40,682 | ||||||
| Tax | -3,583,182 | -2,619,754 | -2,983,850 | -3,148,118 | -1,043,697 | -1,606,750 | -1,581,367 | -1,888,295 | 8,662 | -1,471,684 | -1,208,798 | -493,226 | 18,174 |
| Stock | |||||||||||||
| Debtors | 18,556,957 | 65,083,609 | 9,134,029 | 4,822,468 | -3,426,411 | 8,148,658 | 6,701,986 | -1,848,547 | 15,136,744 | 4,068,238 | 7,988,905 | -1,911,804 | 2,025,226 |
| Creditors | -32,799 | -27,479 | 74,117 | -144,230 | -225,569 | 273,958 | -344,031 | 272,673 | -100,961 | 231,175 | -308,194 | 277,027 | 68,271 |
| Accruals and Deferred Income | 23,262,456 | 56,630,183 | 1,157,011 | 267,634 | -8,029,770 | 4,656,772 | -1,045,394 | -9,994,033 | 15,943,023 | -27,863,198 | 25,373,613 | 3,969,770 | 110,389 |
| Deferred Taxes & Provisions | 70,652 | 76,590 | 351,738 | 8,262 | |||||||||
| Cash flow from operations | 16,347,401 | 3,086,740 | 5,320,859 | 9,502,050 | 747,656 | 3,585,587 | -1,496,191 | -659,425 | -602,883 | -27,319,162 | 21,701,653 | 7,509,276 | -1,981,833 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -2,511,943 | 2,511,943 | -29,925,733 | -12,583,018 | 42,508,751 | ||||||||
| Other Short Term Loans | -43,803,025 | -202,114 | 20,805,102 | -2,691,957 | 1,095,345 | -13,978,815 | 38,775,464 | ||||||
| Long term loans | 4,723,476 | -869,398 | -843,024 | 1,712,422 | |||||||||
| Hire Purchase and Lease Commitments | 2,574,667 | -434,700 | -421,285 | -410,564 | 1,266,549 | ||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | 342,661 | -114,981 | -166,003 | -351,448 | -669,491 | 16,634 | -65,649 | 287,297 | 616,242 | 193,710 | -65,072 | -7,168 | 899 |
| cash flow from financing | 7,678,342 | -44,334,257 | -1,631,657 | 19,206,936 | -451,756 | -1,474,616 | -11,601,036 | 9,111,512 | -11,823,551 | 42,702,461 | -65,072 | -7,168 | 6,000,899 |
| cash and cash equivalents | |||||||||||||
| cash | 6,812,587 | 2,258,047 | -462,401 | 2,095,104 | -132,403 | 723,963 | 75,537 | -410,254 | 17,953 | 928,181 | 241,210 | 160,357 | 4,000,892 |
| overdraft | |||||||||||||
| change in cash | 6,812,587 | 2,258,047 | -462,401 | 2,095,104 | -132,403 | 723,963 | 75,537 | -410,254 | 17,953 | 928,181 | 241,210 | 160,357 | 4,000,892 |
saxo capital markets uk ltd Credit Report and Business Information
Saxo Capital Markets Uk Ltd Competitor Analysis
Perform a competitor analysis for saxo capital markets uk ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
saxo capital markets uk ltd Ownership
SAXO CAPITAL MARKETS UK LTD group structure
Saxo Capital Markets Uk Ltd has no subsidiary companies.
Ultimate parent company
SAXO BANK AS
#0049956
1 parent
SAXO CAPITAL MARKETS UK LTD
07413871
saxo capital markets uk ltd directors
Saxo Capital Markets Uk Ltd currently has 8 directors. The longest serving directors include Mr Richard Balarkas (Sep 2015) and Mr Soren Kyhl (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Balarkas | 64 years | Sep 2015 | - | Director | |
| Mr Soren Kyhl | England | 57 years | Jan 2017 | - | Director |
| Mr Nicholas Wilcock | 58 years | Jan 2022 | - | Director | |
| Mr Nicholas Wilcock | 58 years | Jan 2022 | - | Director | |
| Mr Michael Ridley | 69 years | Jan 2022 | - | Director | |
| Mr Simon Camilleri | 47 years | Nov 2022 | - | Director | |
| Mr Andrew Bresler | 42 years | Jun 2024 | - | Director | |
| Mr Henrik Villberg | 48 years | Feb 2025 | - | Director |
P&L
December 2023turnover
29.6m
+2%
operating profit
14.5m
+10%
gross margin
41.4%
-0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
66.1m
+0.02%
total assets
153.3m
+0.21%
cash
16.3m
+0.72%
net assets
Total assets minus all liabilities
saxo capital markets uk ltd company details
company number
07413871
Type
Private limited with Share Capital
industry
66120 - Security and commodity contracts brokerage
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
40 bank street, canary wharf, london, E14 5DA
Bank
HSBC BANK PLC
Legal Advisor
-
saxo capital markets uk ltd 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 saxo capital markets uk ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
saxo capital markets uk ltd 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 SAXO CAPITAL MARKETS UK LTD. This can take several minutes, an email will notify you when this has completed.
saxo capital markets uk ltd Companies House Filings - See Documents
| date | description | view/download |
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