aspen european holdings limited Company Information
Company Number
09172494
Next Accounts
Sep 2025
Industry
Non-life reinsurance
Non-life insurance
Shareholders
aspen insurance holdings limited
Group Structure
View All
Contact
Registered Address
30 fenchurch street, london, EC3M 3BD
Website
aspeninsurance.co.ukaspen european holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN EUROPEAN HOLDINGS LIMITED at £229m based on a Turnover of £160.6m and 1.43x industry multiple (adjusted for size and gross margin).
aspen european holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN EUROPEAN HOLDINGS LIMITED at £2.6b based on an EBITDA of £135.1m and a 19.2x industry multiple (adjusted for size and gross margin).
aspen european holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN EUROPEAN HOLDINGS LIMITED at £1b based on Net Assets of £593.8m and 1.69x industry multiple (adjusted for liquidity).
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Aspen European Holdings Limited Overview
Aspen European Holdings Limited is a live company located in london, EC3M 3BD with a Companies House number of 09172494. It operates in the non-life insurance sector, SIC Code 65120. Founded in August 2014, it's largest shareholder is aspen insurance holdings limited with a 100% stake. Aspen European Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £160.6m with unknown growth in recent years.
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Aspen European Holdings Limited Health Check
Pomanda's financial health check has awarded Aspen European Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 0 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
0 Weak
Size
annual sales of £160.6m, make it larger than the average company (£1.7m)
£160.6m - Aspen European Holdings Limited
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Aspen European Holdings Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Aspen European Holdings Limited
100% - Industry AVG
Profitability
an operating margin of 84.2% make it more profitable than the average company (16.7%)
84.2% - Aspen European Holdings Limited
16.7% - Industry AVG
Employees
with 862 employees, this is above the industry average (18)
- Aspen European Holdings Limited
18 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Aspen European Holdings Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £186.3k, this is equally as efficient (£190.1k)
- Aspen European Holdings Limited
£190.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen European Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen European Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen European Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aspen European Holdings Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Aspen European Holdings Limited
- - Industry AVG
ASPEN EUROPEAN HOLDINGS LIMITED financials
Aspen European Holdings Limited's latest turnover from December 2023 is £160.6 million and the company has net assets of £593.8 million. According to their latest financial statements, we estimate that Aspen European Holdings Limited has 862 employees and maintains cash reserves of £85.9 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 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 160,552,300 | 0 | 0 | 0 | 0 | 0 | 0 | 64,030,132 | 54,217,281 |
Other Income Or Grants | 0 | ||||||||
Cost Of Sales | 0 | ||||||||
Gross Profit | 0 | ||||||||
Admin Expenses | 0 | ||||||||
Operating Profit | 0 | ||||||||
Interest Payable | 0 | 0 | 0 | 0 | 606,964 | 0 | 15,935,697 | 16,738,230 | 12,012,216 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 100,993,016 | -130,404,592 | -368,455,422 | -42,557,480 | -606,964 | -60,527,913 | -15,935,697 | 47,291,902 | 42,205,065 |
Tax | 331,540 | 215,943 | 216,064 | 187,768 | 115,578 | -11,377 | 3,067,601 | 3,351,412 | 2,414,385 |
Profit After Tax | 101,324,556 | -130,188,649 | -368,239,357 | -42,369,712 | -491,386 | -60,539,290 | -12,868,096 | 50,643,315 | 44,619,450 |
Dividends Paid | 160,552,300 | 0 | 0 | 0 | 0 | 0 | 0 | 47,781,544 | 42,138,494 |
Retained Profit | -59,227,743 | -130,188,649 | -368,239,357 | -42,369,712 | -491,386 | -60,539,290 | -12,868,096 | 2,861,770 | 2,480,955 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | ||||
Number Of Employees | |||||||||
EBITDA* | 0 |
* 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 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 586,100,185 | 644,249,819 | 773,952,610 | 1,012,324,494 | 937,849,822 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 586,100,185 | 644,249,819 | 773,952,610 | 1,012,324,494 | 937,849,822 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 7,628,642 | 7,265,794 | 6,965,461 | 6,555,027 | 6,039,834 | 0 | 0 | 0 | 2,414,384 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 6,182,493 | 6,732,069 | 3,347,645 | 0 |
Cash | 85,895 | 1,606 | 22,490 | 38,469,497 | 220,978 | 29,581 | 32,152 | 2,725,424 | 66,571 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 978,610,437 | 1,129,431,162 | 1,032,015,066 | 940,223,732 |
total current assets | 7,714,538 | 7,267,400 | 6,987,952 | 45,024,525 | 6,260,813 | 984,822,512 | 1,136,195,383 | 1,038,088,136 | 942,704,687 |
total assets | 593,814,723 | 651,517,219 | 780,940,562 | 1,057,349,019 | 944,110,635 | 984,822,512 | 1,136,195,383 | 1,038,088,136 | 942,704,687 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 362,070,056 | 329,421,453 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 362,070,056 | 329,421,454 |
total liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 362,070,056 | 329,421,454 |
net assets | 593,814,723 | 651,517,219 | 780,940,562 | 1,057,349,019 | 944,110,635 | 984,822,512 | 1,136,195,383 | 676,018,079 | 613,283,234 |
total shareholders funds | 593,814,723 | 651,517,219 | 780,940,562 | 1,057,349,019 | 944,110,635 | 984,822,512 | 1,136,195,383 | 676,018,079 | 613,283,234 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | 0 | ||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 331,540 | 215,943 | 216,064 | 187,768 | 115,578 | -11,377 | 3,067,601 | 3,351,412 | 2,414,385 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 362,848 | 300,333 | 410,434 | 515,193 | -142,659 | -549,576 | 3,384,424 | 933,261 | 2,414,384 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 258,237 | ||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | -58,149,635 | -129,702,791 | -238,371,884 | 74,474,672 | 937,849,822 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -362,070,056 | 32,648,603 | 329,421,453 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | 0 | 0 | 0 | 0 | -606,964 | 0 | -15,935,697 | -16,738,230 | -12,012,216 |
cash flow from financing | 1,525,246 | 765,306 | 91,830,900 | 155,608,096 | -40,827,456 | -90,833,581 | 95,039,647 | 75,783,448 | 928,211,516 |
cash and cash equivalents | |||||||||
cash | 84,290 | -20,884 | -38,447,007 | 38,248,519 | 191,397 | -2,570 | -2,693,272 | 2,658,853 | 66,571 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 84,290 | -20,884 | -38,447,007 | 38,248,519 | 191,397 | -2,570 | -2,693,272 | 2,658,853 | 66,571 |
aspen european holdings limited Credit Report and Business Information
Aspen European Holdings Limited Competitor Analysis
Perform a competitor analysis for aspen european holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC3M area or any other competitors across 12 key performance metrics.
aspen european holdings limited Ownership
ASPEN EUROPEAN HOLDINGS LIMITED group structure
Aspen European Holdings Limited has 1 subsidiary company.
Ultimate parent company
HIGHLANDS HOLDINGS LTD
#0046856
ASPEN INSURANCE HOLDINGS LTD
#0041544
2 parents
ASPEN EUROPEAN HOLDINGS LIMITED
09172494
1 subsidiary
aspen european holdings limited directors
Aspen European Holdings Limited currently has 5 directors. The longest serving directors include Mr David Amaro (Apr 2022) and Mr David Amaro (Apr 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Amaro | Bermuda | 38 years | Apr 2022 | - | Director |
Mr David Amaro | Bermuda | 38 years | Apr 2022 | - | Director |
Mr Marc MacGillivray | 42 years | Apr 2022 | - | Director | |
Ms Sarah Stanford | England | 42 years | Jan 2024 | - | Director |
Mr Paul Bradbrook | 48 years | Nov 2024 | - | Director |
P&L
December 2023turnover
160.6m
0%
operating profit
135.1m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
593.8m
-0.09%
total assets
593.8m
-0.09%
cash
85.9k
+52.5%
net assets
Total assets minus all liabilities
aspen european holdings limited company details
company number
09172494
Type
Private limited with Share Capital
industry
65202 - Non-life reinsurance
65120 - Non-life insurance
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
aspen fenchurch limited (January 2015)
aspen newco limited (September 2014)
accountant
-
auditor
ERNST & YOUNG LLP
address
30 fenchurch street, london, EC3M 3BD
Bank
-
Legal Advisor
-
aspen european holdings 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 aspen european holdings limited.
aspen european holdings 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.
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aspen european holdings limited Companies House Filings - See Documents
date | description | view/download |
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