scottish equitable plc
scottish equitable plc Company Information
Company Number
SC144517
Next Accounts
Jun 2025
Shareholders
scottish equitable holdings limited
aegon uk plc
Group Structure
View All
Industry
Life insurance
Registered Address
aegon lochside crescent, edinburgh park, edinburgh, EH12 9SE
Website
http://aegon.iescottish equitable plc Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH EQUITABLE PLC at £1.7b based on a Turnover of £1.4b and 1.25x industry multiple (adjusted for size and gross margin).
scottish equitable plc Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH EQUITABLE PLC at £1.2b based on an EBITDA of £91.7m and a 13.17x industry multiple (adjusted for size and gross margin).
scottish equitable plc Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH EQUITABLE PLC at £1.3b based on Net Assets of £775m and 1.65x industry multiple (adjusted for liquidity).
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Scottish Equitable Plc Overview
Scottish Equitable Plc is a live company located in edinburgh, EH12 9SE with a Companies House number of SC144517. It operates in the life insurance sector, SIC Code 65110. Founded in May 1993, it's largest shareholder is scottish equitable holdings limited with a 100% stake. Scottish Equitable Plc is a mature, mega sized company, Pomanda has estimated its turnover at £1.4b with declining growth in recent years.
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Scottish Equitable Plc Health Check
Pomanda's financial health check has awarded Scottish Equitable Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £1.4b, make it larger than the average company (£1.2m)
£1.4b - Scottish Equitable Plc
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (8.5%)
-50% - Scottish Equitable Plc
8.5% - Industry AVG
Production
with a gross margin of 99.7%, this company has a comparable cost of product (99.7%)
99.7% - Scottish Equitable Plc
99.7% - Industry AVG
Profitability
an operating margin of 6.7% make it as profitable than the average company (7.4%)
6.7% - Scottish Equitable Plc
7.4% - Industry AVG
Employees
with 10067 employees, this is above the industry average (16)
- Scottish Equitable Plc
16 - Industry AVG
Pay Structure
on an average salary of £61.2k, the company has an equivalent pay structure (£61.2k)
- Scottish Equitable Plc
£61.2k - Industry AVG
Efficiency
resulting in sales per employee of £136.7k, this is equally as efficient (£136.7k)
- Scottish Equitable Plc
£136.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (236 days)
0 days - Scottish Equitable Plc
236 days - Industry AVG
Creditor Days
its suppliers are paid after 2991842 days, this is slower than average (23 days)
2991842 days - Scottish Equitable Plc
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Scottish Equitable Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Scottish Equitable Plc
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.1%, this is a similar level of debt than the average (92.6%)
99.1% - Scottish Equitable Plc
92.6% - Industry AVG
SCOTTISH EQUITABLE PLC financials
Scottish Equitable Plc's latest turnover from December 2023 is £1.4 billion and the company has net assets of £775 million. According to their latest financial statements, we estimate that Scottish Equitable Plc has 10,067 employees and maintains cash reserves of £61.4 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 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,376,400,000 | 1,297,800,000 | 13,652,000,000 | 10,907,500,000 | 17,293,800,000 | 3,069,300,000 | 14,570,300,000 | 16,848,900,000 | 8,041,200,000 | 5,625,600,000 | 7,331,700,000 | 6,851,100,000 | 7,247,800,000 | 11,794,700,000 | 11,687,200,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 2,100,000 | 600,000 | 13,634,800,000 | 5,400,000 | 5,100,000 | 18,500,000 | 23,000,000 | 23,800,000 | 27,100,000 | ||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 35,900,000 | 35,400,000 | 17,200,000 | 76,200,000 | -44,200,000 | 157,300,000 | 55,400,000 | -1,600,000 | -741,300,000 | 230,700,000 | 88,200,000 | 198,500,000 | -51,000,000 | 111,500,000 | 129,000,000 |
| Tax | -25,200,000 | 4,000,000 | 5,700,000 | -12,800,000 | -24,300,000 | 2,200,000 | -21,000,000 | -400,000 | -151,900,000 | -55,200,000 | 19,700,000 | -27,700,000 | 15,800,000 | 500,000 | -55,100,000 |
| Profit After Tax | 10,700,000 | 39,400,000 | 22,900,000 | 63,400,000 | -68,500,000 | 159,500,000 | 34,400,000 | -2,000,000 | -5,893,400,000 | 175,500,000 | 107,900,000 | 170,800,000 | -35,200,000 | 112,000,000 | 73,900,000 |
| Dividends Paid | 172,000,000 | 110,000,000 | 279,000,000 | ||||||||||||
| Retained Profit | -161,300,000 | -70,600,000 | -256,100,000 | 63,400,000 | -68,500,000 | 159,500,000 | 34,400,000 | -2,000,000 | -5,893,400,000 | 175,500,000 | 107,900,000 | 170,800,000 | -35,200,000 | 112,000,000 | 73,900,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* 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 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 790,300,000 | 479,800,000 | 807,900,000 | 84,545,100,000 | 79,056,500,000 | 1,192,900,000 | 1,240,500,000 | 10,621,000,000 | 1,760,200,000 | 2,780,200,000 | 2,351,400,000 | 55,134,900,000 | 51,787,300,000 | 46,104,900,000 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | 84,446,300,000 | 78,960,600,000 | 55,134,900,000 | 51,787,300,000 | |||||||||||
| Debtors (Due After 1 year) | 98,800,000 | 95,900,000 | |||||||||||||
| Total Fixed Assets | 790,300,000 | 479,800,000 | 807,900,000 | 84,545,100,000 | 79,056,500,000 | 1,192,900,000 | 1,240,500,000 | 10,621,000,000 | 1,760,200,000 | 2,780,200,000 | 2,351,400,000 | 55,134,900,000 | 51,787,300,000 | 46,104,900,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,600,000 | 341,000,000 | 578,400,000 | 711,000,000 | 716,000,000 | 498,300,000 | 462,900,000 | 439,000,000 | 507,800,000 | 488,400,000 | 452,700,000 | 330,600,000 | 777,200,000 | 366,200,000 | 11,700,000 |
| Group Debtors | 3,100,000 | ||||||||||||||
| Misc Debtors | 804,100,000 | 858,500,000 | 421,100,000 | 573,400,000 | |||||||||||
| Cash | 61,400,000 | 53,000,000 | 74,300,000 | 79,000,000 | 101,700,000 | 60,500,000 | 92,900,000 | 266,500,000 | 559,700,000 | 716,200,000 | 549,100,000 | 237,100,000 | 366,400,000 | 140,000,000 | 360,900,000 |
| misc current assets | 87,375,000,000 | 79,483,200,000 | 91,169,000,000 | 577,500,000 | 530,200,000 | 67,553,800,000 | 57,203,100,000 | 54,261,900,000 | 57,952,200,000 | 59,113,700,000 | 56,717,600,000 | 3,979,600,000 | 3,860,000,000 | 52,401,000,000 | 102,400,000 |
| total current assets | 88,623,400,000 | 81,244,500,000 | 92,528,100,000 | 2,171,600,000 | 2,206,400,000 | 68,674,600,000 | 58,259,200,000 | 55,554,600,000 | 59,574,900,000 | 60,872,500,000 | 58,287,400,000 | 4,968,400,000 | 5,580,100,000 | 57,035,700,000 | 4,410,400,000 |
| total assets | 89,413,700,000 | 81,724,300,000 | 93,336,000,000 | 86,716,700,000 | 81,262,900,000 | 69,867,500,000 | 59,499,700,000 | 66,175,600,000 | 61,335,100,000 | 63,652,700,000 | 60,638,800,000 | 60,103,300,000 | 57,367,400,000 | 57,035,700,000 | 50,515,300,000 |
| Bank overdraft | 656,500,000 | 772,700,000 | 81,600,000 | 62,600,000 | 81,700,000 | 109,100,000 | 431,300,000 | 395,000,000 | 400,000,000 | 74,100,000 | 335,000,000 | 333,400,000 | 79,200,000 | ||
| Bank loan | |||||||||||||||
| Trade Creditors | 34,949,600,000 | 33,042,900,000 | 34,847,300,000 | 22,910,600,000 | 21,683,900,000 | 15,793,900,000 | 18,249,100,000 | 14,782,300,000 | 11,730,700,000 | 9,687,800,000 | 9,599,300,000 | 9,516,600,000 | 9,206,300,000 | ||
| Group/Directors Accounts | 4,600,000 | 7,400,000 | 64,200,000 | 144,800,000 | |||||||||||
| other short term finances | 243,300,000 | 148,900,000 | 597,200,000 | 544,800,000 | |||||||||||
| hp & lease commitments | 116,000,000 | 119,400,000 | |||||||||||||
| other current liabilities | 85,406,200,000 | 80,104,100,000 | 44,979,600,000 | 42,799,900,000 | |||||||||||
| total current liabilities | 88,638,700,000 | 80,788,000,000 | 92,620,900,000 | 85,770,100,000 | 80,379,800,000 | 68,756,200,000 | 58,128,900,000 | 64,454,500,000 | 59,653,400,000 | 61,319,200,000 | 57,342,500,000 | 55,402,900,000 | 53,423,800,000 | 53,473,100,000 | 47,215,600,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 20,400,000 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,332,200,000 | 1,025,000,000 | |||||||||||||
| total long term liabilities | 3,800,000 | 4,700,000 | 45,100,000 | 303,000,000 | 686,500,000 | 512,500,000 | 439,200,000 | 538,700,000 | |||||||
| total liabilities | 88,638,700,000 | 80,788,000,000 | 92,620,900,000 | 85,770,100,000 | 80,379,800,000 | 68,760,000,000 | 58,133,600,000 | 64,454,500,000 | 59,653,400,000 | 61,364,300,000 | 57,645,500,000 | 56,089,400,000 | 53,936,300,000 | 53,912,300,000 | 47,754,300,000 |
| net assets | 775,000,000 | 936,300,000 | 715,100,000 | 946,600,000 | 883,100,000 | 1,107,500,000 | 1,366,100,000 | 1,721,100,000 | 1,681,700,000 | 2,288,400,000 | 2,993,300,000 | 4,013,900,000 | 3,431,100,000 | 3,123,400,000 | 2,761,000,000 |
| total shareholders funds | 775,000,000 | 936,300,000 | 715,100,000 | 946,600,000 | 883,100,000 | 1,107,500,000 | 1,366,100,000 | 1,721,100,000 | 1,681,700,000 | 2,288,400,000 | 2,993,300,000 | 4,013,900,000 | 3,431,100,000 | 3,123,400,000 | 2,761,000,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,700,000 | 4,700,000 | 600,000 | 900,000 | |||||||||||
| Amortisation | |||||||||||||||
| Tax | -25,200,000 | 4,000,000 | 5,700,000 | -12,800,000 | -24,300,000 | 2,200,000 | -21,000,000 | -400,000 | -151,900,000 | -55,200,000 | 19,700,000 | -27,700,000 | 15,800,000 | 500,000 | -55,100,000 |
| Stock | |||||||||||||||
| Debtors | -339,400,000 | -237,400,000 | -1,035,500,000 | -56,500,000 | 1,172,100,000 | 35,400,000 | 23,900,000 | -68,800,000 | 19,400,000 | 35,700,000 | -299,000,000 | -602,000,000 | 987,500,000 | 354,500,000 | 11,700,000 |
| Creditors | 1,906,700,000 | -1,804,400,000 | 34,847,300,000 | -22,910,600,000 | 1,226,700,000 | 5,890,000,000 | -2,455,200,000 | 3,466,800,000 | 3,051,600,000 | 2,042,900,000 | 88,500,000 | 82,700,000 | 310,300,000 | 9,206,300,000 | |
| Accruals and Deferred Income | -85,406,200,000 | 5,302,100,000 | 80,104,100,000 | -45,000,000,000 | 2,200,100,000 | 42,799,900,000 | |||||||||
| Deferred Taxes & Provisions | -1,332,200,000 | 307,200,000 | 1,025,000,000 | ||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -84,446,300,000 | 5,485,700,000 | 78,960,600,000 | -55,134,900,000 | 3,347,600,000 | 51,787,300,000 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -4,600,000 | -2,800,000 | 7,400,000 | -64,200,000 | -80,600,000 | 144,800,000 | |||||||||
| Other Short Term Loans | -243,300,000 | 94,400,000 | 148,900,000 | -597,200,000 | 52,400,000 | 544,800,000 | |||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -116,000,000 | -3,400,000 | 119,400,000 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -5,400,000 | -5,100,000 | -18,500,000 | -23,000,000 | |||||||||||
| cash flow from financing | 82,900,000 | 114,700,000 | 365,300,000 | 1,009,500,000 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 8,400,000 | -21,300,000 | -4,700,000 | -22,700,000 | 41,200,000 | -32,400,000 | -173,600,000 | -293,200,000 | -156,500,000 | 167,100,000 | 312,000,000 | -129,300,000 | 226,400,000 | -220,900,000 | 360,900,000 |
| overdraft | -116,200,000 | 691,100,000 | 81,600,000 | -62,600,000 | -19,100,000 | -27,400,000 | -322,200,000 | 36,300,000 | -5,000,000 | 325,900,000 | -260,900,000 | 1,600,000 | 254,200,000 | 79,200,000 | |
| change in cash | 124,600,000 | -712,400,000 | -86,300,000 | -22,700,000 | 103,800,000 | -13,300,000 | -146,200,000 | 29,000,000 | -192,800,000 | 172,100,000 | -13,900,000 | 131,600,000 | 224,800,000 | -475,100,000 | 281,700,000 |
scottish equitable plc Credit Report and Business Information
Scottish Equitable Plc Competitor Analysis
Perform a competitor analysis for scottish equitable plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EH12 area or any other competitors across 12 key performance metrics.
scottish equitable plc Ownership
SCOTTISH EQUITABLE PLC group structure
Scottish Equitable Plc has 2 subsidiary companies.
Ultimate parent company
AEGON NV
#0016866
2 parents
SCOTTISH EQUITABLE PLC
SC144517
2 subsidiaries
scottish equitable plc directors
Scottish Equitable Plc currently has 9 directors. The longest serving directors include Mr James Ewing (Apr 2014) and Mrs Theresa Froehlich (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Ewing | United Kingdom | 54 years | Apr 2014 | - | Director |
| Mrs Theresa Froehlich | England | 59 years | May 2018 | - | Director |
| Ms Theresa Froehlich | United Kingdom | 59 years | May 2018 | - | Director |
| Mr Michael Holliday-Williams | United Kingdom | 54 years | Jan 2020 | - | Director |
| Ms Helen Heslop | United Kingdom | 55 years | Apr 2021 | - | Director |
| Ms Susanna Davies | England | 66 years | Nov 2021 | - | Director |
| Mr Michael Davies | Scotland | 58 years | Dec 2021 | - | Director |
| Ms Christina McComb | United Kingdom | 68 years | Jan 2024 | - | Director |
| Mr Nicholas Blake | Scotland | 59 years | Nov 2024 | - | Director |
P&L
December 2023turnover
1.4b
+6%
operating profit
91.7m
0%
gross margin
99.7%
+0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
775m
-0.17%
total assets
89.4b
+0.09%
cash
61.4m
+0.16%
net assets
Total assets minus all liabilities
scottish equitable plc company details
company number
SC144517
Type
Public limited with Share Capital
industry
65110 - Life insurance
incorporation date
May 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
aegon lochside crescent, edinburgh park, edinburgh, EH12 9SE
Bank
-
Legal Advisor
-
scottish equitable plc 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 found 328 charges/mortgages relating to scottish equitable plc. Currently there are 208 open charges and 120 have been satisfied in the past.
scottish equitable plc 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 plc Companies House Filings - See Documents
| date | description | view/download |
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