almacantar group limited
almacantar group limited Company Information
Company Number
11724147
Website
almacantar.comRegistered Address
3 quebec mews, london, W1H 7NX
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
02075352900
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
partner reinsurance company ltd 36.3%
rolex holding s.a. 35.2%
View Allalmacantar group limited Estimated Valuation
Pomanda estimates the enterprise value of ALMACANTAR GROUP LIMITED at £153.9m based on a Turnover of £45.9m and 3.35x industry multiple (adjusted for size and gross margin).
almacantar group limited Estimated Valuation
Pomanda estimates the enterprise value of ALMACANTAR GROUP LIMITED at £202.1m based on an EBITDA of £16.2m and a 12.51x industry multiple (adjusted for size and gross margin).
almacantar group limited Estimated Valuation
Pomanda estimates the enterprise value of ALMACANTAR GROUP LIMITED at £485.7m based on Net Assets of £946.9m and 0.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Almacantar Group Limited Overview
Almacantar Group Limited is a live company located in london, W1H 7NX with a Companies House number of 11724147. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2018, it's largest shareholder is partner reinsurance company ltd with a 36.3% stake. Almacantar Group Limited is a young, large sized company, Pomanda has estimated its turnover at £45.9m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Almacantar Group Limited Health Check
Pomanda's financial health check has awarded Almacantar Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £45.9m, make it larger than the average company (£19.3m)
£45.9m - Almacantar Group Limited
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (10.1%)
2% - Almacantar Group Limited
10.1% - Industry AVG
Production
with a gross margin of 58%, this company has a lower cost of product (36%)
58% - Almacantar Group Limited
36% - Industry AVG
Profitability
an operating margin of 34.2% make it more profitable than the average company (4.6%)
34.2% - Almacantar Group Limited
4.6% - Industry AVG
Employees
with 47 employees, this is below the industry average (109)
47 - Almacantar Group Limited
109 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£44.6k)
£39.1k - Almacantar Group Limited
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £977k, this is more efficient (£191k)
£977k - Almacantar Group Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (45 days)
52 days - Almacantar Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (44 days)
19 days - Almacantar Group Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 8202 days, this is more than average (37 days)
8202 days - Almacantar Group Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (14 weeks)
94 weeks - Almacantar Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (69.7%)
34.8% - Almacantar Group Limited
69.7% - Industry AVG
ALMACANTAR GROUP LIMITED financials
Almacantar Group Limited's latest turnover from December 2023 is £45.9 million and the company has net assets of £946.9 million. According to their latest financial statements, Almacantar Group Limited has 47 employees and maintains cash reserves of £86.6 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 | |
|---|---|---|---|---|---|---|
| Turnover | 45,921,000 | 40,901,000 | 45,351,000 | 43,236,000 | 37,378,000 | 31,786,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,293,000 | 12,771,000 | 10,573,000 | 10,308,000 | 10,059,000 | 7,148,000 |
| Gross Profit | 26,628,000 | 28,130,000 | 34,778,000 | 32,928,000 | 27,319,000 | 24,638,000 |
| Admin Expenses | 10,940,000 | 20,612,000 | 34,461,000 | 14,893,000 | 19,157,000 | 16,396,000 |
| Operating Profit | 15,688,000 | 7,518,000 | 317,000 | 18,035,000 | 8,162,000 | 8,242,000 |
| Interest Payable | 13,541,000 | 21,328,000 | 23,540,000 | 14,439,000 | 19,447,000 | 17,685,000 |
| Interest Receivable | 5,041,000 | 1,041,000 | 469,000 | 860,000 | 1,381,000 | 360,000 |
| Pre-Tax Profit | 7,175,000 | -12,776,000 | -22,757,000 | 4,439,000 | -9,901,000 | -9,102,000 |
| Tax | -1,945,000 | -127,000 | 8,696,000 | 8,741,000 | -417,000 | 9,942,000 |
| Profit After Tax | 5,230,000 | -12,903,000 | -14,061,000 | 13,180,000 | -10,318,000 | 840,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,230,000 | -12,903,000 | -14,061,000 | 13,180,000 | -10,318,000 | 840,000 |
| Employee Costs | 1,839,000 | 11,989,000 | 23,255,000 | 7,295,000 | 8,400,000 | 8,934,000 |
| Number Of Employees | 47 | 46 | 45 | 47 | 49 | 44 |
| EBITDA* | 16,155,000 | 8,040,000 | 872,000 | 18,308,000 | 8,316,000 | 8,424,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 894,831,000 | 949,577,000 | 1,007,162,000 | 1,164,033,000 | 1,132,239,000 | 1,056,447,000 |
| Intangible Assets | 2,794,000 | 3,209,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 791,220,000 | 833,576,000 | 854,226,000 | 1,051,713,000 | 1,001,657,000 | 993,773,000 |
| Debtors (Due After 1 year) | 103,452,000 | 115,879,000 | 112,625,000 | 107,984,000 | 108,655,000 | 62,230,000 |
| Total Fixed Assets | 897,625,000 | 952,786,000 | 970,641,000 | 1,164,033,000 | 1,110,664,000 | 1,056,447,000 |
| Stock & work in progress | 433,558,000 | 501,633,000 | 591,525,000 | 610,107,000 | 557,814,000 | 514,373,000 |
| Trade Debtors | 6,624,000 | 6,098,000 | 4,449,000 | 3,072,000 | 3,770,000 | 353,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 28,282,000 | 24,464,000 | 29,160,000 | 28,717,000 | 33,680,000 | 56,100,000 |
| Cash | 86,567,000 | 81,815,000 | 117,219,000 | 89,484,000 | 91,190,000 | 213,807,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 555,031,000 | 614,010,000 | 742,353,000 | 734,438,000 | 686,454,000 | 784,633,000 |
| total assets | 1,452,656,000 | 1,566,796,000 | 1,712,994,000 | 1,898,471,000 | 1,797,118,000 | 1,841,080,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 388,437,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,020,000 | 623,000 | 1,507,000 | 8,795,000 | 509,000 | 145,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 7,260,000 | 0 | 123,636,000 | 9,143,000 | 67,208,000 | 0 |
| hp & lease commitments | 387,000 | 372,000 | 356,000 | 342,000 | 0 | 0 |
| other current liabilities | 38,744,000 | 35,761,000 | 37,659,000 | 47,914,000 | 56,598,000 | 66,220,000 |
| total current liabilities | 47,411,000 | 36,756,000 | 163,158,000 | 66,194,000 | 124,315,000 | 454,802,000 |
| loans | 890,210,000 | 922,214,000 | 921,396,000 | 1,581,698,000 | 1,258,260,000 | 563,132,000 |
| hp & lease commitments | 2,438,000 | 2,826,000 | 3,198,000 | 29,289,000 | 25,698,000 | 25,783,000 |
| Accruals and Deferred Income | 1,161,000 | 1,161,000 | 1,567,000 | 3,292,000 | 4,906,000 | 0 |
| other liabilities | 7,116,000 | 16,298,000 | 15,307,000 | 3,171,000 | 16,053,000 | 0 |
| provisions | 10,000,000 | 8,000,000 | 12,500,000 | 22,764,000 | 9,598,000 | 0 |
| total long term liabilities | 458,382,000 | 482,566,000 | 483,822,000 | 808,694,000 | 654,888,000 | 281,566,000 |
| total liabilities | 505,793,000 | 519,322,000 | 646,980,000 | 874,888,000 | 779,203,000 | 736,368,000 |
| net assets | 946,863,000 | 1,047,474,000 | 1,066,014,000 | 1,023,583,000 | 1,017,915,000 | 1,104,712,000 |
| total shareholders funds | 946,863,000 | 1,047,474,000 | 1,066,014,000 | 1,023,583,000 | 1,017,915,000 | 1,104,712,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 15,688,000 | 7,518,000 | 317,000 | 18,035,000 | 8,162,000 | 8,242,000 |
| Depreciation | 52,000 | 106,000 | 555,000 | 273,000 | 154,000 | 182,000 |
| Amortisation | 415,000 | 416,000 | 0 | 0 | 0 | 0 |
| Tax | -1,945,000 | -127,000 | 8,696,000 | 8,741,000 | -417,000 | 9,942,000 |
| Stock | -68,075,000 | -89,892,000 | -18,582,000 | 52,293,000 | 43,441,000 | 514,373,000 |
| Debtors | -8,083,000 | 207,000 | 6,461,000 | -6,332,000 | 27,422,000 | 118,683,000 |
| Creditors | 397,000 | -884,000 | -7,288,000 | 8,286,000 | 364,000 | 145,000 |
| Accruals and Deferred Income | 2,983,000 | -2,304,000 | -11,980,000 | -10,298,000 | -4,716,000 | 66,220,000 |
| Deferred Taxes & Provisions | 2,000,000 | -4,500,000 | -10,264,000 | 13,166,000 | 9,598,000 | 0 |
| Cash flow from operations | 95,748,000 | 89,910,000 | -7,843,000 | -7,758,000 | -57,718,000 | -548,325,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -42,356,000 | -20,650,000 | -197,487,000 | 50,056,000 | 7,884,000 | 993,773,000 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 7,260,000 | -123,636,000 | 114,493,000 | -58,065,000 | 67,208,000 | 0 |
| Long term loans | -32,004,000 | 818,000 | -660,302,000 | 323,438,000 | 695,128,000 | 563,132,000 |
| Hire Purchase and Lease Commitments | -373,000 | -356,000 | -26,077,000 | 3,933,000 | -85,000 | 25,783,000 |
| other long term liabilities | -9,182,000 | 991,000 | 12,136,000 | -12,882,000 | 16,053,000 | 0 |
| share issue | ||||||
| interest | -8,500,000 | -20,287,000 | -23,071,000 | -13,579,000 | -18,066,000 | -17,325,000 |
| cash flow from financing | -148,640,000 | -148,107,000 | -526,329,000 | 235,333,000 | 683,759,000 | 1,675,462,000 |
| cash and cash equivalents | ||||||
| cash | 4,752,000 | -35,404,000 | 27,735,000 | -1,706,000 | -122,617,000 | 213,807,000 |
| overdraft | 0 | 0 | 0 | 0 | -388,437,000 | 388,437,000 |
| change in cash | 4,752,000 | -35,404,000 | 27,735,000 | -1,706,000 | 265,820,000 | -174,630,000 |
almacantar group limited Credit Report and Business Information
Almacantar Group Limited Competitor Analysis
Perform a competitor analysis for almacantar group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W1H area or any other competitors across 12 key performance metrics.
almacantar group limited Ownership
ALMACANTAR GROUP LIMITED group structure
Almacantar Group Limited has no subsidiary companies.
Ultimate parent company
ALMACANTAR GROUP LIMITED
11724147
almacantar group limited directors
Almacantar Group Limited currently has 5 directors. The longest serving directors include Mr Enrico Vellano (Mar 2019) and Mr Michael Hussey (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Enrico Vellano | United Kingdom | 57 years | Mar 2019 | - | Director |
| Mr Michael Hussey | 58 years | Mar 2019 | - | Director | |
| Mr Arthur Heilbronn | United Kingdom | 38 years | Feb 2020 | - | Director |
| Mr Uwe Zeidler | Germany | 65 years | Jan 2022 | - | Director |
| Mr Xavier Valeau | United Kingdom | 45 years | Dec 2022 | - | Director |
P&L
December 2023turnover
45.9m
+12%
operating profit
15.7m
+109%
gross margin
58%
-15.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
946.9m
-0.1%
total assets
1.5b
-0.07%
cash
86.6m
+0.06%
net assets
Total assets minus all liabilities
Similar Companies
almacantar group limited company details
company number
11724147
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2018
age
6
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
3 quebec mews, london, W1H 7NX
accountant
-
auditor
GRANT THORNTON UK LLP
almacantar group 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 almacantar group limited.
almacantar group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
