
Company Number
07653660
Next Accounts
Dec 2025
Shareholders
union bank of india
Group Structure
View All
Industry
Banks
Registered Address
12 arthur street, london, EC4R 9AB
Website
www.unionbankofindiauk.co.ukPomanda estimates the enterprise value of UNION BANK OF INDIA (UK) LIMITED at £41.8m based on a Turnover of £26.2m and 1.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of UNION BANK OF INDIA (UK) LIMITED at £38.7m based on an EBITDA of £5.5m and a 7.07x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of UNION BANK OF INDIA (UK) LIMITED at £399m based on Net Assets of £92m and 4.34x industry multiple (adjusted for liquidity).
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Union Bank Of India (uk) Limited is a live company located in london, EC4R 9AB with a Companies House number of 07653660. It operates in the banks sector, SIC Code 64191. Founded in June 2011, it's largest shareholder is union bank of india with a 100% stake. Union Bank Of India (uk) Limited is a established, large sized company, Pomanda has estimated its turnover at £26.2m with high growth in recent years.
Pomanda's financial health check has awarded Union Bank Of India (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £26.2m, make it smaller than the average company (£70m)
£26.2m - Union Bank Of India (uk) Limited
£70m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a similar rate (27.4%)
28% - Union Bank Of India (uk) Limited
27.4% - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (59.5%)
59.5% - Union Bank Of India (uk) Limited
59.5% - Industry AVG
Profitability
an operating margin of 20.9% make it more profitable than the average company (13%)
20.9% - Union Bank Of India (uk) Limited
13% - Industry AVG
Employees
with 34 employees, this is below the industry average (157)
34 - Union Bank Of India (uk) Limited
157 - Industry AVG
Pay Structure
on an average salary of £103.1k, the company has an equivalent pay structure (£101.1k)
£103.1k - Union Bank Of India (uk) Limited
£101.1k - Industry AVG
Efficiency
resulting in sales per employee of £770.2k, this is more efficient (£429.6k)
£770.2k - Union Bank Of India (uk) Limited
£429.6k - Industry AVG
Debtor Days
it gets paid by customers after 4287 days, this is near the average (4178 days)
4287 days - Union Bank Of India (uk) Limited
4178 days - Industry AVG
Creditor Days
its suppliers are paid after 10495 days, this is slower than average (64 days)
10495 days - Union Bank Of India (uk) Limited
64 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Union Bank Of India (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Union Bank Of India (uk) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.1%, this is a lower level of debt than the average (90%)
77.1% - Union Bank Of India (uk) Limited
90% - Industry AVG
Union Bank Of India (Uk) Limited's latest turnover from March 2024 is £26.2 million and the company has net assets of £92 million. According to their latest financial statements, Union Bank Of India (Uk) Limited has 34 employees and maintains cash reserves of £6.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 26,186,954 | 16,738,532 | 10,531,295 | 12,469,738 | 15,557,305 | 18,132,376 | 14,374,226 | 9,871,962 | 5,934,015 | 1,348,569 | 23,016 | ||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | 5,473,287 | 5,507,121 | 1,660,197 | 2,968,560 | 5,157,134 | ||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | 1,170,824 | 1,468,251 | 4,264,111 | -8,886,993 | -14,236,524 | -13,265,550 | 4,942,689 | 2,589,128 | 1,112,918 | -810,514 | -783,850 | ||
Tax | -1,556,303 | 2,343,700 | -940,211 | -528,253 | -246,283 | 151,671 | 161,768 | ||||||
Profit After Tax | 1,170,824 | 1,468,251 | 4,264,111 | -8,886,993 | -15,792,827 | -10,921,850 | 4,002,478 | 2,060,876 | 866,636 | -658,843 | -622,082 | ||
Dividends Paid | |||||||||||||
Retained Profit | 1,170,824 | 1,468,251 | 4,264,111 | -8,886,993 | -15,792,827 | -10,921,850 | 4,002,478 | 2,060,876 | 866,636 | -658,843 | -622,082 | ||
Employee Costs | 3,506,177 | 3,053,741 | 3,079,411 | 2,577,789 | 1,993,700 | 1,834,131 | 1,573,730 | 1,399,985 | 1,329,771 | 882,575 | 317,617 | ||
Number Of Employees | 34 | 32 | 29 | 27 | 27 | 24 | 21 | 19 | 17 | 15 | 6 | ||
EBITDA* | 5,473,287 | 5,507,121 | 1,660,197 | 2,968,560 | 5,157,134 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 85,581,084 | 61,096,073 | 61,917,354 | 80,579,250 | 52,939,365 | 84,473,684 | 64,656,908 | 28,791,689 | 23,401,486 | 32,013,588 | 746,366 | ||
Intangible Assets | 55,866 | 103,863 | 122,109 | 80,429 | 164,650 | 130,781 | 37,949 | 23,768 | 63,507 | 90,591 | 45,374 | ||
Investments & Other | |||||||||||||
Debtors (Due After 1 year) | |||||||||||||
Total Fixed Assets | 85,636,950 | 61,199,937 | 62,039,463 | 80,659,679 | 53,104,016 | 84,604,465 | 64,694,857 | 28,815,456 | 23,464,993 | 32,104,179 | 791,740 | ||
Stock & work in progress | |||||||||||||
Trade Debtors | 307,600,912 | 303,028,562 | 258,183,729 | 231,406,288 | 223,630,181 | 271,961,722 | 273,033,612 | 228,607,682 | 178,416,201 | 57,338,549 | 23,015,716 | ||
Group Debtors | |||||||||||||
Misc Debtors | |||||||||||||
Cash | 6,559,131 | 14,836,730 | 4,180,818 | 4,996,344 | 4,587,300 | 3,384,370 | 1,049,411 | 704,593 | 5,388,011 | 2,414,385 | 1,661,077 | ||
misc current assets | 300,597 | ||||||||||||
total current assets | 315,263,199 | 318,416,083 | 263,534,691 | 237,168,738 | 231,814,732 | 277,517,543 | 275,526,641 | 230,013,033 | 184,594,950 | 60,446,777 | 25,104,885 | ||
total assets | 400,900,149 | 379,616,020 | 325,574,154 | 317,828,417 | 284,918,748 | 362,122,008 | 340,221,498 | 258,828,489 | 208,059,943 | 92,550,956 | 25,896,625 | ||
Bank overdraft | |||||||||||||
Bank loan | |||||||||||||
Trade Creditors | 305,086,946 | 289,802,502 | 228,193,433 | 220,269,721 | 190,696,542 | 214,645,135 | 192,171,623 | 156,898,719 | 118,856,102 | 64,215,908 | 1,972 | ||
Group/Directors Accounts | |||||||||||||
other short term finances | |||||||||||||
hp & lease commitments | |||||||||||||
other current liabilities | |||||||||||||
total current liabilities | 308,796,128 | 289,955,149 | 229,742,034 | 222,650,093 | 191,811,869 | 287,706,539 | 266,963,289 | 196,429,502 | 160,354,708 | 64,624,253 | 215,032 | ||
loans | |||||||||||||
hp & lease commitments | |||||||||||||
Accruals and Deferred Income | |||||||||||||
other liabilities | |||||||||||||
provisions | |||||||||||||
total long term liabilities | 135,337 | 88,913 | 4,255,215 | 4,335,851 | 6,480,778 | 9,545,384 | 1,745,933 | ||||||
total liabilities | 308,931,465 | 290,044,063 | 233,997,250 | 226,985,945 | 198,292,648 | 287,706,539 | 266,963,289 | 196,429,502 | 169,900,092 | 66,370,187 | 215,032 | ||
net assets | 91,968,683 | 89,571,956 | 91,576,904 | 90,842,472 | 86,626,100 | 74,415,470 | 73,258,209 | 62,398,987 | 38,159,851 | 26,180,770 | 25,681,594 | ||
total shareholders funds | 91,968,684 | 89,571,957 | 91,576,904 | 90,842,473 | 86,626,101 | 74,415,470 | 73,258,209 | 62,398,988 | 38,159,851 | 26,180,770 | 25,681,594 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 5,473,287 | 5,507,121 | 1,660,197 | 2,968,560 | 5,157,134 | ||||||||
Depreciation | |||||||||||||
Amortisation | |||||||||||||
Tax | -1,556,303 | 2,343,700 | -940,211 | -528,253 | -246,283 | 151,671 | 161,768 | ||||||
Stock | |||||||||||||
Debtors | 4,572,350 | 44,844,833 | 26,777,441 | 7,776,107 | -48,331,541 | -1,071,890 | 44,425,930 | 50,191,481 | 121,077,652 | 34,322,833 | 23,015,716 | ||
Creditors | 15,284,444 | 61,609,069 | 7,923,712 | 29,573,179 | -23,948,593 | 22,473,512 | 35,272,904 | 38,042,617 | 54,640,194 | 64,213,936 | 1,972 | ||
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 | |||||||||||||
Long term loans | |||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||
other long term liabilities | |||||||||||||
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | -8,277,599 | 10,655,912 | -815,526 | 409,044 | 1,202,930 | 2,334,959 | 344,819 | -4,683,419 | 2,973,626 | 753,308 | 1,661,077 | ||
overdraft | |||||||||||||
change in cash | -8,277,599 | 10,655,912 | -815,526 | 409,044 | 1,202,930 | 2,334,959 | 344,819 | -4,683,419 | 2,973,626 | 753,308 | 1,661,077 |
Perform a competitor analysis for union bank of india (uk) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4R area or any other competitors across 12 key performance metrics.
UNION BANK OF INDIA (UK) LIMITED group structure
Union Bank Of India (Uk) Limited has no subsidiary companies.
Ultimate parent company
UNION BANK OF INDIA
#0062952
1 parent
UNION BANK OF INDIA (UK) LIMITED
07653660
Union Bank Of India (Uk) Limited currently has 7 directors. The longest serving directors include Dr Anand Kumar (Jul 2013) and Ms Arumugam Manimekhalai (Jun 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Dr Anand Kumar | United Kingdom | 69 years | Jul 2013 | - | Director |
Ms Arumugam Manimekhalai | England | 59 years | Jun 2022 | - | Director |
Arbind Choudhary | England | 46 years | Aug 2022 | - | Director |
Mr Joseph Liow Yune Loy | England | 56 years | Oct 2023 | - | Director |
Mr Rahul Kumar | England | 40 years | Mar 2024 | - | Director |
Mr Pankaj Dwivedi | England | 54 years | May 2024 | - | Director |
Ms Dawn Brown | England | 57 years | Sep 2024 | - | Director |
P&L
March 2024turnover
26.2m
+56%
operating profit
5.5m
-1%
gross margin
59.5%
-21.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
92m
+0.03%
total assets
400.9m
+0.06%
cash
6.6m
-0.56%
net assets
Total assets minus all liabilities
company number
07653660
Type
Private limited with Share Capital
industry
64191 - Banks
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
ubi (uk) ltd (September 2013)
accountant
-
auditor
MAZARS LLP
address
12 arthur street, london, EC4R 9AB
Bank
-
Legal Advisor
-
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 union bank of india (uk) limited.
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