scottish equitable holdings limited

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scottish equitable holdings limited Company Information

Share SCOTTISH EQUITABLE HOLDINGS LIMITED

Company Number

SC144516

Shareholders

aegon uk plc

scottish equitable policyholders trust ltd

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

aegon lochside crescent, edinburgh park, edinburgh, EH12 9SE

scottish equitable holdings limited Estimated Valuation

£150.1m

Pomanda estimates the enterprise value of SCOTTISH EQUITABLE HOLDINGS LIMITED at £150.1m based on a Turnover of £172m and 0.87x industry multiple (adjusted for size and gross margin).

scottish equitable holdings limited Estimated Valuation

£1.6b

Pomanda estimates the enterprise value of SCOTTISH EQUITABLE HOLDINGS LIMITED at £1.6b based on an EBITDA of £229.3m and a 6.9x industry multiple (adjusted for size and gross margin).

scottish equitable holdings limited Estimated Valuation

£4.4b

Pomanda estimates the enterprise value of SCOTTISH EQUITABLE HOLDINGS LIMITED at £4.4b based on Net Assets of £2.1b and 2.11x industry multiple (adjusted for liquidity).

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Scottish Equitable Holdings Limited Overview

Scottish Equitable Holdings Limited is a live company located in edinburgh, EH12 9SE with a Companies House number of SC144516. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 1993, it's largest shareholder is aegon uk plc with a 100% stake. Scottish Equitable Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £172m with rapid growth in recent years.

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Scottish Equitable Holdings Limited Health Check

Pomanda's financial health check has awarded Scottish Equitable Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

1 Weak

size

Size

annual sales of £172m, make it larger than the average company (£20.2m)

£172m - Scottish Equitable Holdings Limited

£20.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5461%, show it is growing at a faster rate (7.4%)

5461% - Scottish Equitable Holdings Limited

7.4% - Industry AVG

production

Production

with a gross margin of 18.9%, this company has a higher cost of product (33.7%)

18.9% - Scottish Equitable Holdings Limited

33.7% - Industry AVG

profitability

Profitability

an operating margin of 133.3% make it more profitable than the average company (5.9%)

133.3% - Scottish Equitable Holdings Limited

5.9% - Industry AVG

employees

Employees

with 393 employees, this is above the industry average (110)

393 - Scottish Equitable Holdings Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)

£49.9k - Scottish Equitable Holdings Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £437.7k, this is more efficient (£204.7k)

£437.7k - Scottish Equitable Holdings Limited

£204.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Scottish Equitable Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Scottish Equitable Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Scottish Equitable Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 15886 weeks, this is more cash available to meet short term requirements (15 weeks)

15886 weeks - Scottish Equitable Holdings Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (55.6%)

0% - Scottish Equitable Holdings Limited

55.6% - Industry AVG

SCOTTISH EQUITABLE HOLDINGS LIMITED financials

EXPORTms excel logo

Scottish Equitable Holdings Limited's latest turnover from December 2023 is £172 million and the company has net assets of £2.1 billion. According to their latest financial statements, we estimate that Scottish Equitable Holdings Limited has 393 employees and maintains cash reserves of £611 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover172,009,000110,001,000279,000,0001,000127,002,000375,001,000387,712,0007,00014,00012,00015,00026,0005,0003,0004,000
Other Income Or Grants
Cost Of Sales139,528,04289,184,762103,375,430315,733,6745,68211,4139,88712,44521,6284,1532,487
Gross Profit32,480,95820,816,238279,000,0001,00023,626,570375,001,00071,978,3261,3182,5872,1132,5554,372847513
Admin Expenses-196,829,867-114,966,413-65,442,942-133,161,530-87,960,558-407,537,835-4,785,155-4,872,758-6,572,725-4,007,993-9,066,966-33,738,621-27,733,04717,613,647
Operating Profit229,310,825135,782,651344,442,9421,000156,788,100462,961,558479,516,1614,786,4734,875,3456,574,8384,010,5489,071,33833,739,46827,733,560-17,613,647
Interest Payable3,749,0004,869,0004,752,0005,825,00014,233,00031,410,00030,009,00032,669,00042,013,000
Interest Receivable
Pre-Tax Profit172,009,000110,001,000279,000,0001,000127,002,000375,001,000383,963,000-4,862,000-4,738,000-5,813,000-14,218,000-31,384,000-30,004,000-32,666,000-42,009,000
Tax-2,000721,000973,000959,0001,250,000-3,934,0001,093,0009,985,0009,379,0003,034,000
Profit After Tax172,007,000110,001,000279,000,0001,000127,002,000375,001,000384,684,000-3,889,000-3,779,000-4,563,000-18,152,000-30,291,000-20,019,000-23,287,000-38,975,000
Dividends Paid172,000,000110,000,000279,000,000127,000,000375,000,000262,471,000
Retained Profit7,0001,0001,0002,0001,000122,213,000-3,889,000-3,779,000-4,563,000-18,152,000-30,291,000-20,019,000-23,287,000-38,975,000
Employee Costs19,592,68112,520,82214,803,80443,527,61945,862,25938,69736,83636,04435,57935,09934,66734,207
Number Of Employees39326676213461,0421,1301111111
EBITDA*229,310,825135,782,651344,442,9421,000156,788,100462,961,558479,516,1614,786,4734,875,3456,574,8384,010,5489,071,33833,739,46827,733,560-17,613,647

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,059,675,0002,059,675,0002,059,675,0002,059,675,0002,059,675,000
Intangible Assets
Investments & Other2,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,059,675,0002,059,675,0002,059,675,0002,059,675,0002,059,675,000
Debtors (Due After 1 year)
Total Fixed Assets2,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,075,317,0002,059,675,0002,059,675,0002,059,675,0002,059,675,0002,059,675,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors491,0002,507,0001,867,000908,000
Cash611,000602,000601,000601,000600,000598,000106,0003,756,0003,416,0003,402,0003,193,0004,951,0009,676,00039,000463,000
misc current assets2,019,0005,695,0003,842,000
total current assets611,000602,000601,000601,000600,000598,000597,0006,263,0005,283,0004,310,0003,193,0006,970,00015,371,0003,881,000463,000
total assets2,075,928,0002,075,919,0002,075,918,0002,075,918,0002,075,917,0002,075,915,0002,075,914,0002,081,580,0002,080,600,0002,079,627,0002,062,868,0002,066,645,0002,075,046,0002,063,556,0002,060,138,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts99,655,000202,414,000225,478,000
other short term finances
hp & lease commitments
other current liabilities2,000142,0002,564,000
total current liabilities2,000142,00099,655,000202,414,000228,042,000
loans141,763,000136,139,000130,673,000212,537,000470,014,000742,260,000912,594,000657,308,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities127,879,000123,010,000118,258,000200,794,000458,911,000731,762,000902,667,000647,920,000
total liabilities2,000127,879,000123,010,000118,258,000200,936,000558,566,000934,176,000902,667,000875,962,000
net assets2,075,926,0002,075,919,0002,075,918,0002,075,918,0002,075,917,0002,075,915,0002,075,914,0001,953,701,0001,957,590,0001,961,369,0001,861,932,0001,508,079,0001,140,870,0001,160,889,0001,184,176,000
total shareholders funds2,075,926,0002,075,919,0002,075,918,0002,075,918,0002,075,917,0002,075,915,0002,075,914,0001,953,701,0001,957,590,0001,961,369,0001,861,932,0001,508,079,0001,140,870,0001,160,889,0001,184,176,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit229,310,825135,782,651344,442,9421,000156,788,100462,961,558479,516,1614,786,4734,875,3456,574,8384,010,5489,071,33833,739,46827,733,560-17,613,647
Depreciation
Amortisation
Tax-2,000721,000973,000959,0001,250,000-3,934,0001,093,0009,985,0009,379,0003,034,000
Stock
Debtors-491,000-2,016,000640,000959,000908,000
Creditors
Accruals and Deferred Income2,000-142,000142,000-2,564,0002,564,000
Deferred Taxes & Provisions
Cash flow from operations229,310,825135,782,651344,442,9421,000156,788,100463,452,558482,253,1615,119,4734,875,3456,774,838218,54810,164,33843,724,46834,548,560-12,015,647
Investing Activities
capital expenditure-15,642,000-2,059,675,000
Change in Investments15,642,0002,059,675,000
cash flow from investments-31,284,000-4,119,350,000
Financing Activities
Bank loans
Group/Directors Accounts-99,655,000-102,759,000202,414,000-225,478,000225,478,000
Other Short Term Loans
Long term loans-141,763,0005,624,0005,466,000-81,864,000-257,477,000-272,246,000-170,334,000255,286,000657,308,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue104,000,000372,005,000397,500,0001,223,151,000
interest-3,749,000-4,869,000-4,752,000-5,825,000-14,233,000-31,410,000-30,009,000-32,669,000-42,013,000
cash flow from financing-145,512,000755,000714,00016,311,000640,000-8,915,0002,071,000-2,861,0002,063,924,000
cash and cash equivalents
cash9,0001,0001,0002,000492,000-3,650,000340,00014,000209,000-1,758,000-4,725,0009,637,000-424,000463,000
overdraft
change in cash9,0001,0001,0002,000492,000-3,650,000340,00014,000209,000-1,758,000-4,725,0009,637,000-424,000463,000

scottish equitable holdings limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Scottish Equitable Holdings Limited Competitor Analysis

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Perform a competitor analysis for scottish equitable holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in EH12 area or any other competitors across 12 key performance metrics.

scottish equitable holdings limited Ownership

SCOTTISH EQUITABLE HOLDINGS LIMITED group structure

Scottish Equitable Holdings Limited has 1 subsidiary company.

Ultimate parent company

AEGON NV

#0016866

2 parents

SCOTTISH EQUITABLE HOLDINGS LIMITED

SC144516

1 subsidiary

SCOTTISH EQUITABLE HOLDINGS LIMITED Shareholders

aegon uk plc 100%
scottish equitable policyholders trust ltd 0%

scottish equitable holdings limited directors

Scottish Equitable Holdings Limited currently has 10 directors. The longest serving directors include Mr James Ewing (Apr 2014) and Ms Theresa Froehlich (May 2018).

officercountryagestartendrole
Mr James EwingUnited Kingdom54 years Apr 2014- Director
Ms Theresa FroehlichUnited Kingdom59 years May 2018- Director
Mrs Theresa FroehlichEngland59 years May 2018- Director
Mr Michael Holliday-WilliamsUnited Kingdom54 years Jan 2020- Director
Ms Helen HeslopUnited Kingdom55 years Apr 2021- Director
Ms Susanna DaviesEngland66 years Nov 2021- Director
Mr Michael DaviesScotland58 years Dec 2021- Director
Mr Michael DaviesScotland58 years Dec 2021- Director
Ms Christina McCombUnited Kingdom68 years Jan 2024- Director
Mr Nicholas BlakeScotland59 years Nov 2024- Director

P&L

December 2023

turnover

172m

+56%

operating profit

229.3m

0%

gross margin

18.9%

-0.21%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

2.1b

0%

total assets

2.1b

0%

cash

611k

+0.01%

net assets

Total assets minus all liabilities

scottish equitable holdings limited company details

company number

SC144516

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

May 1993

age

32

incorporated

UK

ultimate parent company

AEGON NV

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

aegon lochside crescent, edinburgh park, edinburgh, EH12 9SE

Bank

-

Legal Advisor

-

scottish equitable 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 scottish equitable holdings limited.

scottish equitable 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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scottish equitable holdings limited Companies House Filings - See Documents

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