aramco trading limited
aramco trading limited Company Information
Company Number
11912176
Website
aramcotrading.comRegistered Address
10 portman square, london, W1H 6AZ
Industry
Security and commodity contracts brokerage
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
aramco trading company 100%
aramco trading limited Estimated Valuation
Pomanda estimates the enterprise value of ARAMCO TRADING LIMITED at £17.1b based on a Turnover of £19.1b and 0.9x industry multiple (adjusted for size and gross margin).
aramco trading limited Estimated Valuation
Pomanda estimates the enterprise value of ARAMCO TRADING LIMITED at £900.3m based on an EBITDA of £195m and a 4.62x industry multiple (adjusted for size and gross margin).
aramco trading limited Estimated Valuation
Pomanda estimates the enterprise value of ARAMCO TRADING LIMITED at £2.3b based on Net Assets of £915.2m and 2.47x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aramco Trading Limited Overview
Aramco Trading Limited is a live company located in london, W1H 6AZ with a Companies House number of 11912176. It operates in the security and commodity contracts dealing activities sector, SIC Code 66120. Founded in March 2019, it's largest shareholder is aramco trading company with a 100% stake. Aramco Trading Limited is a young, mega sized company, Pomanda has estimated its turnover at £19.1b with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Aramco Trading Limited Health Check
Pomanda's financial health check has awarded Aramco Trading Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £19.1b, make it larger than the average company (£7m)
£19.1b - Aramco Trading Limited
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (5.8%)
82% - Aramco Trading Limited
5.8% - Industry AVG
Production
with a gross margin of 1.1%, this company has a higher cost of product (60.7%)
1.1% - Aramco Trading Limited
60.7% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6.8%)
1% - Aramco Trading Limited
6.8% - Industry AVG
Employees
with 72 employees, this is above the industry average (20)
72 - Aramco Trading Limited
20 - Industry AVG
Pay Structure
on an average salary of £90.4k, the company has an equivalent pay structure (£93.2k)
£90.4k - Aramco Trading Limited
£93.2k - Industry AVG
Efficiency
resulting in sales per employee of £265.1m, this is more efficient (£280.8k)
£265.1m - Aramco Trading Limited
£280.8k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (39 days)
27 days - Aramco Trading Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (47 days)
5 days - Aramco Trading Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (87 days)
12 days - Aramco Trading Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (37 weeks)
1 weeks - Aramco Trading Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.1%, this is a higher level of debt than the average (50.8%)
68.1% - Aramco Trading Limited
50.8% - Industry AVG
ARAMCO TRADING LIMITED financials
Aramco Trading Limited's latest turnover from December 2023 is £19.1 billion and the company has net assets of £915.2 million. According to their latest financial statements, Aramco Trading Limited has 72 employees and maintains cash reserves of £51.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 19,085,004,920 | 21,234,932,253 | 9,905,176,958 | 3,155,694,985 | 136,705,262 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,868,592,839 | 21,113,963,364 | 9,858,130,128 | 3,108,914,215 | 133,926,425 |
| Gross Profit | 216,412,081 | 120,968,890 | 47,046,830 | 46,780,771 | 2,778,836 |
| Admin Expenses | 21,417,758 | 11,574,446 | 7,954,414 | 3,706,589 | 578,191 |
| Operating Profit | 194,994,323 | 109,394,444 | 39,092,416 | 43,074,182 | 2,200,645 |
| Interest Payable | 13,251,079 | 9,894,028 | 3,587,236 | 414,422 | 0 |
| Interest Receivable | 43,723,412 | 15,861,781 | 6,779,113 | 118,524 | 9,526 |
| Pre-Tax Profit | 225,466,657 | 115,362,198 | 42,284,293 | 42,778,284 | 2,210,171 |
| Tax | -53,221,558 | -21,921,883 | -8,033,983 | -8,068,794 | -419,903 |
| Profit After Tax | 172,245,099 | 93,440,315 | 34,250,311 | 34,709,490 | 1,790,268 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 172,245,099 | 93,440,315 | 34,250,311 | 34,709,490 | 1,790,268 |
| Employee Costs | 6,511,241 | 5,984,407 | 5,793,618 | 2,839,619 | 216,181 |
| Number Of Employees | 72 | 49 | 22 | 13 | 6 |
| EBITDA* | 194,994,323 | 109,394,444 | 39,092,416 | 43,074,182 | 2,200,645 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 584,662,024 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 584,662,024 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 584,662,024 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 635,224,434 | 1,047,807,887 | 358,120,182 | 177,932,034 | 0 |
| Trade Debtors | 1,461,392,022 | 1,644,100,371 | 2,500,478,243 | 134,392,043 | 50,632,420 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 91,497,237 | 112,927,863 | 88,109,407 | 0 | 3,664 |
| Cash | 51,681,174 | 42,821,890 | 11,487,774 | 716,121 | 20,863,256 |
| misc current assets | 45,039,740 | 68,969,041 | 80,703,688 | 20,159,138 | 1,905,320 |
| total current assets | 2,284,834,608 | 2,916,627,053 | 3,038,899,295 | 333,199,337 | 73,404,661 |
| total assets | 2,869,496,632 | 2,916,627,053 | 3,038,899,295 | 333,199,337 | 73,404,661 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 275,630,914 | 61,989,251 | 467,258,185 | 26,546,208 | 67,351,605 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 368,738,929 | 248,128,832 | 526,225,445 | 45,074,181 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,309,952,312 | 2,448,241,616 | 1,974,430,997 | 224,844,590 | 2,797,155 |
| total current liabilities | 1,954,322,156 | 2,758,359,700 | 2,967,914,629 | 296,464,981 | 70,148,762 |
| loans | 0 | 0 | 0 | 0 | 2,931,260 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,465,630 |
| total liabilities | 1,954,322,156 | 2,758,359,700 | 2,967,914,629 | 296,464,981 | 71,614,392 |
| net assets | 915,174,476 | 158,267,353 | 70,984,666 | 36,734,356 | 1,790,269 |
| total shareholders funds | 915,174,476 | 158,267,353 | 70,984,666 | 36,734,356 | 1,790,268 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 194,994,323 | 109,394,444 | 39,092,416 | 43,074,182 | 2,200,645 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -53,221,558 | -21,921,883 | -8,033,983 | -8,068,794 | -419,903 |
| Stock | -412,583,453 | 689,687,705 | 180,188,148 | 177,932,034 | 0 |
| Debtors | -204,138,976 | -831,559,416 | 2,454,195,607 | 83,755,960 | 50,636,083 |
| Creditors | 213,641,662 | -405,268,933 | 440,711,977 | -40,805,397 | 67,351,605 |
| Accruals and Deferred Income | -1,138,289,304 | 473,810,619 | 1,749,586,407 | 222,047,435 | 2,797,155 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -166,152,448 | 297,885,958 | -413,026,938 | -45,440,568 | 21,293,419 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 584,662,024 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 120,610,097 | -278,096,613 | 481,151,264 | 45,074,181 | 0 |
| Long term loans | 0 | 0 | 0 | -2,931,260 | 2,931,260 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 30,472,333 | 5,967,753 | 3,191,877 | -295,898 | 9,526 |
| cash flow from financing | 735,744,454 | -278,286,488 | 484,343,141 | 42,081,620 | 2,940,786 |
| cash and cash equivalents | |||||
| cash | 8,859,284 | 31,334,116 | 10,771,653 | -20,147,135 | 20,863,256 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,859,284 | 31,334,116 | 10,771,653 | -20,147,135 | 20,863,256 |
aramco trading limited Credit Report and Business Information
Aramco Trading Limited Competitor Analysis
Perform a competitor analysis for aramco trading limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in W1H area or any other competitors across 12 key performance metrics.
aramco trading limited Ownership
ARAMCO TRADING LIMITED group structure
Aramco Trading Limited has no subsidiary companies.
Ultimate parent company
ARAMCO TRADING LIMITED
11912176
aramco trading limited directors
Aramco Trading Limited currently has 3 directors. The longest serving directors include Mr Mohammed Al-Mulhim (Mar 2019) and Mr Mohammed Bu Ali (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Al-Mulhim | United Kingdom | 56 years | Mar 2019 | - | Director |
| Mr Mohammed Bu Ali | United Kingdom | 45 years | Nov 2023 | - | Director |
| Mr Mohammad Khatir | United Kingdom | 42 years | Nov 2023 | - | Director |
P&L
December 2023turnover
19.1b
-10%
operating profit
195m
+78%
gross margin
1.2%
+99.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
915.2m
+4.78%
total assets
2.9b
-0.02%
cash
51.7m
+0.21%
net assets
Total assets minus all liabilities
Similar Companies
aramco trading limited company details
company number
11912176
Type
Private limited with Share Capital
industry
66120 - Security and commodity contracts brokerage
82990 - Other business support service activities n.e.c.
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
10 portman square, london, W1H 6AZ
Bank
HSBC BANK PLC
Legal Advisor
REED SMITH LLP
aramco trading 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 aramco trading limited.
aramco trading limited Companies House Filings - See Documents
| date | description | view/download |
|---|
