polar capital global financials trust plc
polar capital global financials trust plc Company Information
Company Number
08534332
Next Accounts
May 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of investment trusts
Registered Address
16 palace street, london, SW1E 5JD
polar capital global financials trust plc Estimated Valuation
Pomanda estimates the enterprise value of POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC at £37.3m based on a Turnover of £20.1m and 1.86x industry multiple (adjusted for size and gross margin).
polar capital global financials trust plc Estimated Valuation
Pomanda estimates the enterprise value of POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC at £248.7m based on an EBITDA of £34m and a 7.32x industry multiple (adjusted for size and gross margin).
polar capital global financials trust plc Estimated Valuation
Pomanda estimates the enterprise value of POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC at £580m based on Net Assets of £488.2m and 1.19x industry multiple (adjusted for liquidity).
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Polar Capital Global Financials Trust Plc Overview
Polar Capital Global Financials Trust Plc is a live company located in london, SW1E 5JD with a Companies House number of 08534332. It operates in the activities of investment trusts sector, SIC Code 64301. Founded in May 2013, it's largest shareholder is undisclosed with a 100% stake. Polar Capital Global Financials Trust Plc is a established, large sized company, Pomanda has estimated its turnover at £20.1m with rapid growth in recent years.
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Polar Capital Global Financials Trust Plc Health Check
Pomanda's financial health check has awarded Polar Capital Global Financials Trust Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
1 Weak
Size
annual sales of £20.1m, make it larger than the average company (£5.4m)
£20.1m - Polar Capital Global Financials Trust Plc
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (7.1%)
47% - Polar Capital Global Financials Trust Plc
7.1% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
64.1% - Polar Capital Global Financials Trust Plc
64.1% - Industry AVG
Profitability
an operating margin of 169.4% make it more profitable than the average company (33%)
169.4% - Polar Capital Global Financials Trust Plc
33% - Industry AVG
Employees
with 98 employees, this is above the industry average (6)
- Polar Capital Global Financials Trust Plc
6 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- Polar Capital Global Financials Trust Plc
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £204.7k, this is equally as efficient (£205.1k)
- Polar Capital Global Financials Trust Plc
£205.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Polar Capital Global Financials Trust Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Polar Capital Global Financials Trust Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Polar Capital Global Financials Trust Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 284 weeks, this is more cash available to meet short term requirements (79 weeks)
284 weeks - Polar Capital Global Financials Trust Plc
79 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.5%, this is a higher level of debt than the average (6.9%)
13.5% - Polar Capital Global Financials Trust Plc
6.9% - Industry AVG
POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC financials
Polar Capital Global Financials Trust Plc's latest turnover from November 2023 is £20.1 million and the company has net assets of £488.2 million. According to their latest financial statements, we estimate that Polar Capital Global Financials Trust Plc has 98 employees and maintains cash reserves of £37.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | May 2017 | Nov 2016 | May 2016 | Nov 2015 | May 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,059,000 | 17,619,000 | 10,640,000 | 6,304,000 | 12,057,000 | 11,697,000 | 9,763,000 | 8,917,000 | 8,919,000 | 8,077,000 | 8,077,000 | 5,068,000 | 7,323,000 | 1,842,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 722,000 | 249,000 | 91,000 | 61,000 | 60,000 | 69,000 | 53,000 | 57,000 | 57,000 | 46,000 | 46,000 | |||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 17,859,000 | 15,773,000 | 9,235,000 | 5,315,000 | 10,890,000 | 10,647,000 | 8,774,000 | 8,081,000 | 8,081,000 | 7,221,000 | 7,221,000 | 4,631,000 | 6,550,000 | 1,525,000 |
| Tax | -1,986,000 | -1,484,000 | -870,000 | -661,000 | -967,000 | -1,090,000 | -950,000 | -891,000 | -891,000 | -673,000 | -673,000 | -407,000 | -780,000 | -191,000 |
| Profit After Tax | 15,873,000 | 14,289,000 | 8,365,000 | 4,654,000 | 9,923,000 | 9,557,000 | 7,824,000 | 7,190,000 | 7,190,000 | 6,548,000 | 6,548,000 | 4,224,000 | 5,770,000 | 1,334,000 |
| Dividends Paid | 14,399,000 | 13,565,000 | 7,010,000 | 8,720,000 | 8,212,000 | 5,753,000 | 5,562,000 | 5,562,000 | 1,188,000 | 4,289,000 | ||||
| Retained Profit | 1,474,000 | 724,000 | 8,365,000 | -2,356,000 | 1,203,000 | 1,345,000 | 7,824,000 | 7,190,000 | 1,437,000 | 986,000 | 986,000 | 3,036,000 | 1,481,000 | 1,334,000 |
| Employee Costs | 96,000 | 96,000 | ||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | May 2017 | Nov 2016 | May 2016 | Nov 2015 | May 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 518,124,000 | 572,748,000 | 482,100,000 | 188,011,000 | 313,605,000 | 286,424,000 | 298,375,000 | 239,363,000 | 239,363,000 | 198,426,000 | 198,426,000 | 204,316,000 | 195,991,000 | 162,677,000 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 518,124,000 | 572,748,000 | 482,100,000 | 188,011,000 | 313,605,000 | 286,424,000 | 298,375,000 | 239,363,000 | 239,363,000 | 198,426,000 | 198,426,000 | 204,316,000 | 195,991,000 | 162,677,000 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 518,124,000 | 572,748,000 | 482,100,000 | 188,011,000 | 313,605,000 | 286,424,000 | 298,375,000 | 239,363,000 | 239,363,000 | 198,426,000 | 198,426,000 | 204,316,000 | 195,991,000 | 162,677,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | ||||||||||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 8,419,000 | 3,161,000 | 959,000 | 416,000 | 807,000 | 1,439,000 | 766,000 | 3,537,000 | 3,537,000 | 2,361,000 | 2,361,000 | 1,189,000 | 1,320,000 | 3,021,000 |
| Cash | 37,262,000 | 29,793,000 | 26,388,000 | 140,000 | 4,175,000 | 8,363,000 | 7,231,000 | 5,240,000 | 5,240,000 | 5,030,000 | 5,030,000 | 7,839,000 | 3,702,000 | 5,459,000 |
| misc current assets | 506,000 | 6,000 | 214,000 | 118,000 | 63,000 | 63,000 | 46,000 | 46,000 | 45,000 | 37,000 | 10,000 | |||
| total current assets | 46,187,000 | 32,960,000 | 27,944,000 | 829,000 | 5,298,000 | 10,016,000 | 8,115,000 | 8,840,000 | 8,840,000 | 7,437,000 | 7,437,000 | 9,073,000 | 5,059,000 | 8,490,000 |
| total assets | 564,311,000 | 605,708,000 | 510,044,000 | 188,840,000 | 318,903,000 | 296,440,000 | 306,490,000 | 248,203,000 | 248,203,000 | 205,863,000 | 205,863,000 | 213,389,000 | 201,050,000 | 171,167,000 |
| Bank overdraft | 1,000 | 383,000 | 4,875,000 | |||||||||||
| Bank loan | 50,418,000 | 19,900,000 | 10,000,000 | 15,000,000 | 10,000,000 | 17,500,000 | 17,500,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | |||
| Trade Creditors | 375,000 | 400,000 | ||||||||||||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 6,818,000 | 3,778,000 | 659,000 | 1,545,000 | 2,858,000 | 456,000 | 3,198,000 | 3,415,000 | 3,415,000 | 2,204,000 | 2,204,000 | 189,000 | 235,000 | 1,646,000 |
| total current liabilities | 6,819,000 | 3,778,000 | 51,077,000 | 21,828,000 | 17,733,000 | 15,456,000 | 13,198,000 | 20,915,000 | 20,915,000 | 12,204,000 | 12,204,000 | 10,564,000 | 10,635,000 | 1,646,000 |
| loans | 138,062,000 | 121,014,000 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 1,269,000 | |||||||||||||
| provisions | 526,000 | 302,000 | 3,440,000 | |||||||||||
| total long term liabilities | 69,294,000 | 60,658,000 | 1,720,000 | 1,269,000 | ||||||||||
| total liabilities | 76,113,000 | 64,436,000 | 52,797,000 | 23,097,000 | 17,733,000 | 15,456,000 | 13,198,000 | 20,915,000 | 20,915,000 | 12,204,000 | 12,204,000 | 10,564,000 | 10,635,000 | 1,646,000 |
| net assets | 488,198,000 | 541,272,000 | 457,247,000 | 165,743,000 | 301,170,000 | 280,984,000 | 293,292,000 | 227,288,000 | 227,288,000 | 193,659,000 | 193,659,000 | 202,825,000 | 190,415,000 | 169,521,000 |
| total shareholders funds | 488,198,000 | 541,272,000 | 457,247,000 | 165,743,000 | 301,170,000 | 280,984,000 | 293,292,000 | 227,288,000 | 227,288,000 | 193,659,000 | 193,659,000 | 202,825,000 | 190,415,000 | 169,521,000 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | May 2017 | Nov 2016 | May 2016 | Nov 2015 | May 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -1,986,000 | -1,484,000 | -870,000 | -661,000 | -967,000 | -1,090,000 | -950,000 | -891,000 | -891,000 | -673,000 | -673,000 | -407,000 | -780,000 | -191,000 |
| Stock | ||||||||||||||
| Debtors | 5,258,000 | 2,202,000 | 543,000 | -391,000 | -632,000 | 673,000 | -2,771,000 | 1,176,000 | 1,041,000 | -131,000 | -1,701,000 | 3,021,000 | ||
| Creditors | -400,000 | -25,000 | 400,000 | |||||||||||
| Accruals and Deferred Income | 3,040,000 | 3,119,000 | -886,000 | -1,313,000 | 2,402,000 | -2,742,000 | -217,000 | 1,211,000 | 1,969,000 | -46,000 | -1,411,000 | 1,646,000 | ||
| Deferred Taxes & Provisions | 224,000 | -3,138,000 | 3,440,000 | |||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -54,624,000 | 90,648,000 | 294,089,000 | -125,594,000 | 27,181,000 | -11,951,000 | 59,012,000 | 40,937,000 | 2,435,000 | 8,325,000 | 33,314,000 | 162,677,000 | ||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -50,418,000 | 30,518,000 | 9,900,000 | -5,000,000 | 5,000,000 | -7,500,000 | 7,500,000 | 10,000,000 | ||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | 17,048,000 | 121,014,000 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -1,269,000 | 1,269,000 | ||||||||||||
| share issue | ||||||||||||||
| interest | -722,000 | -249,000 | -91,000 | -61,000 | -60,000 | -69,000 | -53,000 | -57,000 | -57,000 | -46,000 | -46,000 | |||
| cash flow from financing | -38,222,000 | 153,648,000 | 312,297,000 | -121,963,000 | 13,923,000 | -8,722,000 | 50,627,000 | -7,247,000 | 39,635,000 | -1,032,000 | 2,212,000 | 9,374,000 | 29,413,000 | 168,187,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 7,469,000 | 3,405,000 | 26,248,000 | -4,035,000 | -4,188,000 | 1,132,000 | 1,991,000 | 210,000 | 1,328,000 | 4,137,000 | -1,757,000 | 5,459,000 | ||
| overdraft | 1,000 | -383,000 | -4,492,000 | 4,875,000 | ||||||||||
| change in cash | 7,468,000 | 3,405,000 | 26,631,000 | 457,000 | -9,063,000 | 1,132,000 | 1,991,000 | 210,000 | 1,328,000 | 4,137,000 | -1,757,000 | 5,459,000 |
polar capital global financials trust plc Credit Report and Business Information
Polar Capital Global Financials Trust Plc Competitor Analysis
Perform a competitor analysis for polar capital global financials trust plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in SW1E area or any other competitors across 12 key performance metrics.
polar capital global financials trust plc Ownership
POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC group structure
Polar Capital Global Financials Trust Plc has no subsidiary companies.
Ultimate parent company
POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC
08534332
polar capital global financials trust plc directors
Polar Capital Global Financials Trust Plc currently has 4 directors. The longest serving directors include Mr Simon Cordery (Jul 2019) and Miss Cecilia McAnulty (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Cordery | 62 years | Jul 2019 | - | Director | |
| Miss Cecilia McAnulty | Cyprus | 62 years | Nov 2021 | - | Director |
| Ms Susan Arnott | United Kingdom | 52 years | Dec 2022 | - | Director |
| Mrs Angela Henderson | United Kingdom | 56 years | Dec 2022 | - | Director |
P&L
November 2023turnover
20.1m
+14%
operating profit
34m
0%
gross margin
64.2%
-8.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
488.2m
-0.1%
total assets
564.3m
-0.07%
cash
37.3m
+0.25%
net assets
Total assets minus all liabilities
polar capital global financials trust plc company details
company number
08534332
Type
Public limited with Share Capital
industry
64301 - Activities of investment trusts
incorporation date
May 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
16 palace street, london, SW1E 5JD
Bank
HSBC BANK PLC
Legal Advisor
HERBERT SMITH FREEHILLS LLP
polar capital global financials trust 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 2 charges/mortgages relating to polar capital global financials trust plc. Currently there are 2 open charges and 0 have been satisfied in the past.
polar capital global financials trust 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 POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC. This can take several minutes, an email will notify you when this has completed.
polar capital global financials trust plc Companies House Filings - See Documents
| date | description | view/download |
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