barings europe limited
barings europe limited Company Information
Company Number
10801931
Website
barings.comRegistered Address
20 old bailey, london, EC4M 7BF
Industry
Activities of financial services holding companies
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
barings guernsey limited 100%
barings europe limited Estimated Valuation
Pomanda estimates the enterprise value of BARINGS EUROPE LIMITED at £897m based on a Turnover of £381.3m and 2.35x industry multiple (adjusted for size and gross margin).
barings europe limited Estimated Valuation
Pomanda estimates the enterprise value of BARINGS EUROPE LIMITED at £421.7m based on an EBITDA of £44.3m and a 9.52x industry multiple (adjusted for size and gross margin).
barings europe limited Estimated Valuation
Pomanda estimates the enterprise value of BARINGS EUROPE LIMITED at £288m based on Net Assets of £181.8m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Barings Europe Limited Overview
Barings Europe Limited is a live company located in london, EC4M 7BF with a Companies House number of 10801931. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in June 2017, it's largest shareholder is barings guernsey limited with a 100% stake. Barings Europe Limited is a young, mega sized company, Pomanda has estimated its turnover at £381.3m with healthy growth in recent years.
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Barings Europe Limited Health Check
Pomanda's financial health check has awarded Barings Europe Limited a 4 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
3 Regular
3 Weak
Size
annual sales of £381.3m, make it larger than the average company (£10.4m)
£381.3m - Barings Europe Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.5%)
6% - Barings Europe Limited
8.5% - Industry AVG
Production
with a gross margin of 77.6%, this company has a comparable cost of product (77.6%)
77.6% - Barings Europe Limited
77.6% - Industry AVG
Profitability
an operating margin of 10.6% make it as profitable than the average company (11%)
10.6% - Barings Europe Limited
11% - Industry AVG
Employees
with 597 employees, this is above the industry average (63)
597 - Barings Europe Limited
63 - Industry AVG
Pay Structure
on an average salary of £249.5k, the company has a higher pay structure (£81.8k)
£249.5k - Barings Europe Limited
£81.8k - Industry AVG
Efficiency
resulting in sales per employee of £638.7k, this is more efficient (£213.6k)
£638.7k - Barings Europe Limited
£213.6k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (45 days)
17 days - Barings Europe Limited
45 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Barings Europe Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Barings Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (28 weeks)
17 weeks - Barings Europe Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62%, this is a similar level of debt than the average (57.7%)
62% - Barings Europe Limited
57.7% - Industry AVG
BARINGS EUROPE LIMITED financials
Barings Europe Limited's latest turnover from December 2022 is £381.3 million and the company has net assets of £181.8 million. According to their latest financial statements, Barings Europe Limited has 597 employees and maintains cash reserves of £92.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 381,315,000 | 366,565,000 | 334,296,000 | 322,385,000 | 306,518,000 | 295,528,000 | 260,238 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 40,538,000 | 47,469,000 | 40,041,000 | 20,692,000 | 1,639,000 | -16,919,000 | -31,673 |
| Interest Payable | 18,507,000 | 13,455,000 | 843,000 | 4,648,000 | 18,000 | 4,301,000 | 119 |
| Interest Receivable | 10,241,000 | 20,443,000 | 446,000 | 1,150,000 | 1,086,000 | 836,000 | 1,182 |
| Pre-Tax Profit | 32,272,000 | 54,457,000 | 39,644,000 | 17,194,000 | 6,574,000 | -19,008,000 | -29,045 |
| Tax | -5,780,000 | -10,089,000 | -6,894,000 | -2,839,000 | -4,592,000 | 168,000 | 789 |
| Profit After Tax | 26,492,000 | 44,368,000 | 32,750,000 | 14,355,000 | 1,982,000 | -18,840,000 | -28,256 |
| Dividends Paid | 72,000,000 | 32,000,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -44,421,000 | 12,650,000 | 32,750,000 | 14,355,000 | 1,982,000 | -18,840,000 | -28,256 |
| Employee Costs | 148,949,000 | 135,014,000 | 128,130,000 | 129,908,000 | 112,295,000 | 97,564,000 | 116,361 |
| Number Of Employees | 597 | 553 | 565 | 587 | 585 | 535 | 670 |
| EBITDA* | 44,285,000 | 51,493,000 | 44,983,000 | 25,716,000 | 6,803,000 | -9,174,000 | -31,673 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,038,000 | 21,908,000 | 25,503,000 | 28,971,000 | 31,428,000 | 10,099,000 | 10,317 |
| Intangible Assets | 0 | 0 | 0 | 2,077,000 | 2,694,000 | 3,146,000 | 44,304 |
| Investments & Other | 214,577,000 | 212,586,000 | 7,173,000 | 9,572,000 | 8,741,000 | 9,525,000 | 11,831 |
| Debtors (Due After 1 year) | 7,064,000 | 6,045,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 240,679,000 | 240,539,000 | 32,676,000 | 40,620,000 | 42,863,000 | 22,770,000 | 66,452 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,090,000 | 20,377,000 | 34,023,000 | 23,976,000 | 20,032,000 | 25,229,000 | 22,213 |
| Group Debtors | 7,065,000 | 19,938,000 | 14,751,000 | 17,196,000 | 21,254,000 | 8,043,000 | 5,697 |
| Misc Debtors | 76,514,000 | 60,169,000 | 56,176,000 | 39,635,000 | 58,141,000 | 39,865,000 | 40,294 |
| Cash | 92,370,000 | 144,547,000 | 123,565,000 | 99,970,000 | 129,744,000 | 104,390,000 | 156,557 |
| misc current assets | 50,484,000 | 20,126,000 | 6,904,000 | 5,745,000 | 5,360,000 | 36,608,000 | 35,595 |
| total current assets | 244,523,000 | 265,157,000 | 235,419,000 | 186,522,000 | 234,531,000 | 214,135,000 | 260,356 |
| total assets | 485,202,000 | 505,696,000 | 268,095,000 | 227,142,000 | 277,394,000 | 236,905,000 | 326,808 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 2,070,000 | 2,340,000 | 965 |
| Group/Directors Accounts | 12,007,000 | 11,113,000 | 17,539,000 | 14,790,000 | 34,605,000 | 20,740,000 | 16,217 |
| other short term finances | 159,108,000 | 136,221,000 | 0 | 0 | 0 | 100,000 | 444 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 106,349,000 | 109,443,000 | 114,417,000 | 103,754,000 | 118,772,000 | 88,654,000 | 95,211 |
| total current liabilities | 277,464,000 | 256,777,000 | 131,956,000 | 118,544,000 | 155,447,000 | 111,834,000 | 112,837 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 15,301,000 | 9,414,000 | 8,037,000 | 8,673,000 | 9,605,000 | 10,281,000 | 8,227 |
| other liabilities | 7,712,000 | 8,495,000 | 9,705,000 | 11,190,000 | 1,331,000 | 1,429,000 | 366 |
| provisions | 353,000 | 288,000 | 375,000 | 642,000 | 15,338,000 | 19,697,000 | 1,610 |
| total long term liabilities | 23,366,000 | 18,197,000 | 18,117,000 | 20,505,000 | 26,274,000 | 31,407,000 | 10,203 |
| total liabilities | 300,830,000 | 274,974,000 | 150,073,000 | 139,049,000 | 181,721,000 | 143,241,000 | 123,040 |
| net assets | 181,821,000 | 225,738,000 | 118,018,000 | 88,089,000 | 95,669,000 | 93,660,000 | 203,764 |
| total shareholders funds | 181,821,000 | 225,738,000 | 118,018,000 | 88,089,000 | 95,669,000 | 93,660,000 | 203,764 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 40,538,000 | 47,469,000 | 40,041,000 | 20,692,000 | 1,639,000 | -16,919,000 | -31,673 |
| Depreciation | 3,747,000 | 4,024,000 | 4,499,000 | 4,546,000 | 4,681,000 | 4,863,000 | |
| Amortisation | 0 | 0 | 443,000 | 478,000 | 483,000 | 2,882,000 | |
| Tax | -5,780,000 | -10,089,000 | -6,894,000 | -2,839,000 | -4,592,000 | 168,000 | 789 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,204,000 | 1,579,000 | 24,143,000 | -18,620,000 | 26,290,000 | 73,068,796 | 68,204 |
| Creditors | 0 | 0 | 0 | -2,070,000 | -270,000 | 2,339,035 | 965 |
| Accruals and Deferred Income | 2,793,000 | -3,597,000 | 10,027,000 | -15,950,000 | 29,442,000 | 98,831,562 | 103,438 |
| Deferred Taxes & Provisions | 65,000 | -87,000 | -267,000 | -14,696,000 | -4,359,000 | 19,695,390 | 1,610 |
| Cash flow from operations | 39,159,000 | 36,141,000 | 23,706,000 | 8,781,000 | 734,000 | 38,791,191 | |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 7,463,000 | -5,998,000 | -10,249 |
| Change in Investments | 1,991,000 | 205,413,000 | -2,399,000 | 831,000 | -784,000 | 9,513,169 | 11,831 |
| cash flow from investments | -1,991,000 | -205,413,000 | 2,399,000 | -831,000 | 8,247,000 | -15,511,169 | -22,080 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 894,000 | -6,426,000 | 2,749,000 | -19,815,000 | 13,865,000 | 20,723,783 | 16,217 |
| Other Short Term Loans | 22,887,000 | 136,221,000 | 0 | 0 | -100,000 | 99,556 | 444 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -783,000 | -1,210,000 | -1,485,000 | 9,859,000 | -98,000 | 1,428,634 | 366 |
| share issue | |||||||
| interest | -8,266,000 | 6,988,000 | -397,000 | -3,498,000 | 1,068,000 | -3,465,000 | 1,063 |
| cash flow from financing | 15,236,000 | 230,643,000 | -1,954,000 | -35,389,000 | 14,762,000 | 131,083,209 | 250,110 |
| cash and cash equivalents | |||||||
| cash | -52,177,000 | 20,982,000 | 23,595,000 | -29,774,000 | 25,354,000 | 104,233,443 | 156,557 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -52,177,000 | 20,982,000 | 23,595,000 | -29,774,000 | 25,354,000 | 104,233,443 | 156,557 |
barings europe limited Credit Report and Business Information
Barings Europe Limited Competitor Analysis
Perform a competitor analysis for barings europe limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
barings europe limited Ownership
BARINGS EUROPE LIMITED group structure
Barings Europe Limited has 7 subsidiary companies.
Ultimate parent company
MASSACHUSETTS MUTUAL LIFE INSURANCE CO
#0058340
BARINGS GUERNSEY LTD
#0043045
2 parents
BARINGS EUROPE LIMITED
10801931
7 subsidiaries
barings europe limited directors
Barings Europe Limited currently has 6 directors. The longest serving directors include Mr Alexander Sutherland (Oct 2019) and Mr Patrick Hoefling (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Sutherland | United Kingdom | 50 years | Oct 2019 | - | Director |
| Mr Patrick Hoefling | United Kingdom | 44 years | Dec 2019 | - | Director |
| Ms Jill Dinerman | United Kingdom | 47 years | May 2021 | - | Director |
| Mr Martin Horne | United Kingdom | 53 years | Jul 2023 | - | Director |
| Ms Katherine Kemp | United Kingdom | 41 years | Jul 2023 | - | Director |
| Ms Nicole Parker | United Kingdom | 38 years | Jul 2023 | - | Director |
P&L
December 2022turnover
381.3m
+4%
operating profit
40.5m
-15%
gross margin
77.7%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
181.8m
-0.19%
total assets
485.2m
-0.04%
cash
92.4m
-0.36%
net assets
Total assets minus all liabilities
Similar Companies
barings europe limited company details
company number
10801931
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
June 2017
age
7
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
20 old bailey, london, EC4M 7BF
last accounts submitted
December 2022
barings europe 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 barings europe limited.
barings europe limited Companies House Filings - See Documents
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