hbos plc
hbos plc Company Information
Company Number
SC218813
Registered Address
the mound, edinburgh, EH1 1YZ
Industry
Activities of financial services holding companies
Telephone
08706005000
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
lloyds bank plc 99.6%
undisclosed 0.4%
View Allhbos plc Estimated Valuation
Pomanda estimates the enterprise value of HBOS PLC at £30.7b based on a Turnover of £12.7b and 2.42x industry multiple (adjusted for size and gross margin).
hbos plc Estimated Valuation
Pomanda estimates the enterprise value of HBOS PLC at £2.7b based on an EBITDA of £274m and a 9.72x industry multiple (adjusted for size and gross margin).
hbos plc Estimated Valuation
Pomanda estimates the enterprise value of HBOS PLC at £27.7b based on Net Assets of £15.2b and 1.82x industry multiple (adjusted for liquidity).
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Hbos Plc Overview
Hbos Plc is a live company located in edinburgh, EH1 1YZ with a Companies House number of SC218813. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in May 2001, it's largest shareholder is lloyds bank plc with a 99.6% stake. Hbos Plc is a mature, mega sized company, Pomanda has estimated its turnover at £12.7b with high growth in recent years.
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Hbos Plc Health Check
Pomanda's financial health check has awarded Hbos Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
2 Weak
Size
annual sales of £12.7b, make it larger than the average company (£12.4m)
£12.7b - Hbos Plc
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.2%)
17% - Hbos Plc
9.2% - Industry AVG
Production
with a gross margin of 79.1%, this company has a comparable cost of product (79.1%)
79.1% - Hbos Plc
79.1% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Hbos Plc
- - Industry AVG
Employees
with 22306 employees, this is above the industry average (66)
22306 - Hbos Plc
66 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has a lower pay structure (£85k)
£43.3k - Hbos Plc
£85k - Industry AVG
Efficiency
resulting in sales per employee of £570.4k, this is more efficient (£225.8k)
£570.4k - Hbos Plc
£225.8k - Industry AVG
Debtor Days
it gets paid by customers after 8620 days, this is later than average (48 days)
8620 days - Hbos Plc
48 days - Industry AVG
Creditor Days
its suppliers are paid after 24091 days, this is slower than average (44 days)
24091 days - Hbos Plc
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hbos Plc
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hbos Plc
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (54%)
95.3% - Hbos Plc
54% - Industry AVG
HBOS PLC financials
Hbos Plc's latest turnover from December 2023 is £12.7 billion and the company has net assets of £15.2 billion. According to their latest financial statements, Hbos Plc has 22,306 employees and maintains cash reserves of 0 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 | 12,723,000,000 | 8,881,000,000 | 7,810,000,000 | 8,016,000,000 | 9,666,000,000 | 9,274,000,000 | 10,225,000,000 | 11,434,000,000 | 11,461,000,000 | 12,841,000,000 | 19,534,000,000 | 21,052,000,000 | 20,293,000,000 | 34,866,000,000 | 40,679,000,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 2,933,000,000 | 4,042,000,000 | ||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 691,000,000 | 1,209,000,000 | 2,271,000,000 | 1,214,000,000 | 1,543,000,000 | 2,260,000,000 | 2,921,000,000 | 3,804,000,000 | 2,740,000,000 | 3,550,000,000 | 2,994,000,000 | 254,000,000 | -3,894,000,000 | -2,051,000,000 | -13,088,000,000 |
| Tax | -47,000,000 | -69,000,000 | -427,000,000 | -29,000,000 | -673,000,000 | -674,000,000 | -827,000,000 | -1,198,000,000 | -729,000,000 | -670,000,000 | -1,385,000,000 | -75,000,000 | 173,000,000 | -264,000,000 | 2,698,000,000 |
| Profit After Tax | 644,000,000 | 1,140,000,000 | 1,844,000,000 | 1,185,000,000 | 870,000,000 | 1,586,000,000 | 2,094,000,000 | 2,606,000,000 | 2,011,000,000 | 2,880,000,000 | 1,609,000,000 | 179,000,000 | -3,721,000,000 | -2,315,000,000 | -10,390,000,000 |
| Dividends Paid | 0 | 0 | 501,000,000 | 0 | 500,000,000 | 3,300,000,000 | 0 | 0 | 11,500,000,000 | 1,500,000,000 | 3,493,000,000 | 0 | 15,000,000 | 24,000,000 | 0 |
| Retained Profit | 458,000,000 | 1,018,000,000 | 1,233,000,000 | 1,021,000,000 | 269,000,000 | -1,815,000,000 | 1,993,000,000 | 2,505,000,000 | -9,489,000,000 | 1,380,000,000 | -1,891,000,000 | 138,000,000 | -3,778,000,000 | -2,375,000,000 | -10,491,000,000 |
| Employee Costs | 965,000,000 | 1,066,000,000 | 1,149,000,000 | 1,181,000,000 | 1,333,000,000 | 1,503,000,000 | 1,440,000,000 | 1,512,000,000 | 1,533,000,000 | 1,337,000,000 | 1,702,000,000 | 1,415,000,000 | 2,219,000,000 | 2,316,000,000 | 3,106,000,000 |
| Number Of Employees | 22,306 | 23,562 | 25,533 | 27,258 | 29,238 | 31,503 | 33,907 | 35,752 | 36,351 | 40,148 | 42,452 | 46,820 | 52,029 | 56,522 | 65,986 |
| EBITDA* | 274,000,000 | 224,000,000 | 187,000,000 | 199,000,000 | 204,000,000 | 2,933,000,000 | 4,042,000,000 |
* 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 | 2,732,000,000 | 2,146,000,000 | 3,998,000,000 | 5,738,000,000 | 5,713,000,000 | 4,106,000,000 | 3,640,000,000 | 6,138,000,000 | 277,018,000,000 | 287,934,000,000 | 270,750,000,000 | 314,944,000,000 | 426,778,000,000 | 492,160,000,000 | 499,654,000,000 |
| Intangible Assets | 452,000,000 | 452,000,000 | 325,000,000 | 549,000,000 | 463,000,000 | 445,000,000 | 437,000,000 | 425,000,000 | 427,000,000 | 425,000,000 | 429,000,000 | 962,000,000 | 935,000,000 | 924,000,000 | 947,000,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,184,000,000 | 2,598,000,000 | 4,323,000,000 | 6,287,000,000 | 6,176,000,000 | 4,551,000,000 | 4,077,000,000 | 6,563,000,000 | 277,445,000,000 | 288,359,000,000 | 271,179,000,000 | 315,906,000,000 | 427,713,000,000 | 493,084,000,000 | 500,601,000,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 300,504,000,000 | 299,459,000,000 | 299,285,000,000 | 291,672,000,000 | 360,612,000,000 | 326,051,000,000 | 357,488,000,000 | 334,344,000,000 | 23,308,000,000 | 33,033,000,000 | 82,064,000,000 | 109,973,000,000 | 133,330,000,000 | 136,583,000,000 | 202,002,000,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 3,004,000,000 | 3,201,000,000 | 2,841,000,000 | 2,492,000,000 | 2,579,000,000 | 2,677,000,000 | 2,840,000,000 | 2,481,000,000 | 5,110,000,000 | 7,369,000,000 | 6,112,000,000 | 3,075,000,000 | 2,375,000,000 | 2,905,000,000 |
| misc current assets | 0 | 0 | 0 | 97,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 318,355,000,000 | 316,969,000,000 | 305,796,000,000 | 295,577,000,000 | 363,500,000,000 | 329,109,000,000 | 360,603,000,000 | 337,715,000,000 | 58,557,000,000 | 89,420,000,000 | 286,516,000,000 | 267,573,000,000 | 140,286,000,000 | 148,668,000,000 | 218,582,000,000 |
| total assets | 321,539,000,000 | 319,567,000,000 | 310,119,000,000 | 301,864,000,000 | 369,676,000,000 | 333,660,000,000 | 364,680,000,000 | 344,278,000,000 | 336,002,000,000 | 377,779,000,000 | 557,695,000,000 | 583,479,000,000 | 567,999,000,000 | 641,752,000,000 | 719,183,000,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 175,169,000,000 | 177,251,000,000 | 183,015,000,000 | 180,908,000,000 | 349,822,000,000 | 315,427,000,000 | 215,563,000,000 | 218,007,000,000 | 190,182,000,000 | 218,854,000,000 | 236,573,000,000 | 272,662,000,000 | 297,616,000,000 | 452,541,000,000 | 547,939,000,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,205,000,000 | 2,456,000,000 | 2,562,000,000 | 2,853,000,000 | 3,596,000,000 | 4,211,000,000 | 6,620,000,000 | 8,149,000,000 | 8,304,000,000 | 9,783,000,000 | 775,000,000 | 910,000,000 | 666,000,000 | 99,000,000 | 326,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 303,018,000,000 | 301,172,000,000 | 293,473,000,000 | 287,477,000,000 | 355,554,000,000 | 320,558,000,000 | 348,662,000,000 | 327,597,000,000 | 280,112,000,000 | 309,756,000,000 | 464,288,000,000 | 462,298,000,000 | 308,157,000,000 | 463,864,000,000 | 565,859,000,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,293,000,000 | 3,196,000,000 | 3,280,000,000 | 2,744,000,000 | 3,700,000,000 | 2,564,000,000 | 3,556,000,000 | 3,383,000,000 | 41,946,000,000 | 44,305,000,000 | 71,572,000,000 | 96,651,000,000 | 236,071,000,000 | 152,028,000,000 | 128,439,000,000 |
| total liabilities | 306,311,000,000 | 304,368,000,000 | 296,753,000,000 | 290,221,000,000 | 359,254,000,000 | 323,122,000,000 | 352,218,000,000 | 330,980,000,000 | 322,058,000,000 | 354,061,000,000 | 535,860,000,000 | 558,949,000,000 | 544,228,000,000 | 615,892,000,000 | 694,298,000,000 |
| net assets | 15,228,000,000 | 15,199,000,000 | 13,366,000,000 | 11,643,000,000 | 10,422,000,000 | 10,538,000,000 | 12,462,000,000 | 13,298,000,000 | 13,944,000,000 | 23,718,000,000 | 21,835,000,000 | 24,530,000,000 | 23,771,000,000 | 25,860,000,000 | 24,885,000,000 |
| total shareholders funds | 15,228,000,000 | 15,199,000,000 | 13,366,000,000 | 11,643,000,000 | 10,422,000,000 | 10,538,000,000 | 12,462,000,000 | 13,298,000,000 | 13,944,000,000 | 23,718,000,000 | 21,835,000,000 | 24,530,000,000 | 23,771,000,000 | 25,860,000,000 | 24,885,000,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 2,933,000,000 | 4,042,000,000 | ||||||||
| Depreciation | 274,000,000 | 224,000,000 | 187,000,000 | 199,000,000 | 204,000,000 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | -47,000,000 | -69,000,000 | -427,000,000 | -29,000,000 | -673,000,000 | -674,000,000 | -827,000,000 | -1,198,000,000 | -729,000,000 | -670,000,000 | -1,385,000,000 | -75,000,000 | 173,000,000 | -264,000,000 | 2,698,000,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,045,000,000 | 174,000,000 | 7,613,000,000 | -68,940,000,000 | 34,561,000,000 | -31,437,000,000 | 23,144,000,000 | 311,036,000,000 | -9,725,000,000 | -49,031,000,000 | -27,909,000,000 | -23,357,000,000 | -3,253,000,000 | -65,419,000,000 | 202,002,000,000 |
| Creditors | -2,082,000,000 | -5,764,000,000 | 2,107,000,000 | -168,914,000,000 | 34,395,000,000 | 99,864,000,000 | -2,444,000,000 | 27,825,000,000 | -28,672,000,000 | -17,719,000,000 | -36,089,000,000 | -24,954,000,000 | -154,925,000,000 | -95,398,000,000 | 547,939,000,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -251,000,000 | -106,000,000 | -291,000,000 | -743,000,000 | -615,000,000 | -2,409,000,000 | -1,529,000,000 | -155,000,000 | -1,479,000,000 | 9,008,000,000 | -135,000,000 | 244,000,000 | 567,000,000 | -227,000,000 | 326,000,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,004,000,000 | -197,000,000 | 360,000,000 | 349,000,000 | -87,000,000 | -98,000,000 | -163,000,000 | 359,000,000 | -2,629,000,000 | -2,259,000,000 | 1,257,000,000 | 3,037,000,000 | 700,000,000 | -530,000,000 | 2,905,000,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,004,000,000 | -197,000,000 | 360,000,000 | 349,000,000 | -87,000,000 | -98,000,000 | -163,000,000 | 359,000,000 | -2,629,000,000 | -2,259,000,000 | 1,257,000,000 | 3,037,000,000 | 700,000,000 | -530,000,000 | 2,905,000,000 |
hbos plc Credit Report and Business Information
Hbos Plc Competitor Analysis
Perform a competitor analysis for hbos plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EH1 area or any other competitors across 12 key performance metrics.
hbos plc Ownership
HBOS PLC group structure
Hbos Plc has 6 subsidiary companies.
Ultimate parent company
2 parents
HBOS PLC
SC218813
6 subsidiaries
hbos plc directors
Hbos Plc currently has 11 directors. The longest serving directors include Mrs Amanda MacKenzie (Oct 2018) and Mr William Chalmers (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Amanda MacKenzie | United Kingdom | 60 years | Oct 2018 | - | Director |
| Mr William Chalmers | United Kingdom | 56 years | Aug 2019 | - | Director |
| Ms Sarah Legg | United Kingdom | 57 years | Dec 2019 | - | Director |
| Mrs Catherine Woods | United Kingdom | 62 years | Mar 2020 | - | Director |
| Mr Robin Budenberg | United Kingdom | 65 years | Oct 2020 | - | Director |
| Mr Robin Budenberg | United Kingdom | 65 years | Oct 2020 | - | Director |
| Mr Charles Nunn | United Kingdom | 53 years | Aug 2021 | - | Director |
| Ms Harmeen Mehta | United Kingdom | 50 years | Nov 2021 | - | Director |
| Mr Jonathan Wheway | United Kingdom | 58 years | Aug 2022 | - | Director |
| Mr Jonathan Wheway | United Kingdom | 58 years | Aug 2022 | - | Director |
P&L
December 2023turnover
12.7b
+43%
operating profit
0
0%
gross margin
79.2%
+3.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
15.2b
0%
total assets
321.5b
+0.01%
cash
0
-1%
net assets
Total assets minus all liabilities
hbos plc company details
company number
SC218813
Type
Public limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
May 2001
age
23
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
the mound, edinburgh, EH1 1YZ
Bank
-
Legal Advisor
-
hbos 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 1 charges/mortgages relating to hbos plc. Currently there are 1 open charges and 0 have been satisfied in the past.
hbos plc Companies House Filings - See Documents
| date | description | view/download |
|---|
