aberdeen corporate services limited

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aberdeen corporate services limited Company Information

Share ABERDEEN CORPORATE SERVICES LIMITED
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Company Number

SC271355

Registered Address

1 george street, edinburgh, EH2 2LL

Industry

Other business support service activities n.e.c.

 

Telephone

01313721725

Next Accounts Due

September 2024

Group Structure

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Directors

Denise Thomas4 Years

David Scott1 Years

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Shareholders

abrdn plc 100%

aberdeen corporate services limited Estimated Valuation

£460.6m

Pomanda estimates the enterprise value of ABERDEEN CORPORATE SERVICES LIMITED at £460.6m based on a Turnover of £372.1m and 1.24x industry multiple (adjusted for size and gross margin).

aberdeen corporate services limited Estimated Valuation

£476.9m

Pomanda estimates the enterprise value of ABERDEEN CORPORATE SERVICES LIMITED at £476.9m based on an EBITDA of £49.2m and a 9.7x industry multiple (adjusted for size and gross margin).

aberdeen corporate services limited Estimated Valuation

£1.9b

Pomanda estimates the enterprise value of ABERDEEN CORPORATE SERVICES LIMITED at £1.9b based on Net Assets of £819.3m and 2.27x industry multiple (adjusted for liquidity).

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Aberdeen Corporate Services Limited Overview

Aberdeen Corporate Services Limited is a live company located in edinburgh, EH2 2LL with a Companies House number of SC271355. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2004, it's largest shareholder is abrdn plc with a 100% stake. Aberdeen Corporate Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £372.1m with healthy growth in recent years.

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Aberdeen Corporate Services Limited Health Check

Pomanda's financial health check has awarded Aberdeen Corporate Services 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 £372.1m, make it larger than the average company (£3.7m)

£372.1m - Aberdeen Corporate Services Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (3%)

5% - Aberdeen Corporate Services Limited

3% - Industry AVG

production

Production

with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)

38.9% - Aberdeen Corporate Services Limited

38.9% - Industry AVG

profitability

Profitability

an operating margin of 12% make it more profitable than the average company (6.3%)

12% - Aberdeen Corporate Services Limited

6.3% - Industry AVG

employees

Employees

with 1186 employees, this is above the industry average (25)

1186 - Aberdeen Corporate Services Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has a lower pay structure (£50.6k)

£38.2k - Aberdeen Corporate Services Limited

£50.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £313.7k, this is more efficient (£157.6k)

£313.7k - Aberdeen Corporate Services Limited

£157.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Aberdeen Corporate Services Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Aberdeen Corporate Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Aberdeen Corporate Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (24 weeks)

2 weeks - Aberdeen Corporate Services Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.6%, this is a lower level of debt than the average (63.6%)

13.6% - Aberdeen Corporate Services Limited

63.6% - Industry AVG

aberdeen corporate services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Aberdeen Corporate Services Limited Competitor Analysis

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aberdeen corporate services limited Ownership

ABERDEEN CORPORATE SERVICES LIMITED group structure

Aberdeen Corporate Services Limited has 4 subsidiary companies.

ABERDEEN CORPORATE SERVICES LIMITED Shareholders

abrdn plc 100%

aberdeen corporate services limited directors

Aberdeen Corporate Services Limited currently has 5 directors. The longest serving directors include Mrs Denise Thomas (May 2019) and Mr David Scott (Apr 2023).

officercountryagestartendrole
Mrs Denise ThomasUnited Kingdom53 years May 2019- Director
Mr David ScottUnited Kingdom60 years Apr 2023- Director
Mr Julian Baddeley43 years Apr 2023- Director
Mr Martin KwiatkowskiUnited Kingdom47 years Jan 2024- Director
Mr Stuart MacLennanUnited Kingdom47 years Mar 2024- Director

ABERDEEN CORPORATE SERVICES LIMITED financials

EXPORTms excel logo

Aberdeen Corporate Services Limited's latest turnover from December 2022 is £372.1 million and the company has net assets of £819.3 million. According to their latest financial statements, Aberdeen Corporate Services Limited has 1,186 employees and maintains cash reserves of £6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover372,081,000387,665,000345,078,000317,088,000616,121,000659,732,000602,797,000600,641,000596,035,000604,816,000656,862,000635,893,000633,819,000600,470,000
Other Income Or Grants00000000000000
Cost Of Sales227,259,666241,903,104216,836,410198,010,854386,607,629409,905,014-164,000381,287,188384,223,843393,462,460420,056,995397,097,164386,901,2230
Gross Profit144,821,334145,761,896128,241,590119,077,146229,513,371249,826,986602,961,000219,353,812211,811,157211,353,540236,805,005238,795,836246,917,7770
Admin Expenses100,105,755131,153,270102,988,29565,255,737193,391,831247,314,779600,577,859235,649,817216,666,984217,797,470234,015,621247,597,418250,959,749136,000
Operating Profit44,715,57914,608,62625,253,29553,821,40936,121,5402,512,2072,383,141-16,296,005-4,855,827-6,443,9302,789,384-8,801,582-4,041,972-136,000
Interest Payable1,040,0001,267,0001,416,0001,592,000325,00000001,212,0001,308,000812,00098,0000
Interest Receivable000000000000260,000500,000
Pre-Tax Profit33,221,00015,830,00019,958,00043,980,00030,788,0001,204,000-2,714,000-6,901,000-4,500,000-4,710,0002,054,000-9,487,000-1,371,000-136,000
Tax3,215,000-3,943,000516,000-370,000-1,515,000846,0004,630,000-9,380,000-343,000-1,613,000196,000739,000-2,638,000-1,861,000
Profit After Tax36,436,00011,887,00020,474,00043,610,00029,273,0002,050,0001,916,000-16,281,000-4,843,000-6,323,0002,250,000-8,748,000-4,009,000-1,997,000
Dividends Paid00000000000000
Retained Profit36,436,00011,887,00020,474,00043,610,00029,273,0002,050,0001,916,000-16,281,000-4,843,000-6,323,0002,250,000-8,748,000-4,009,000-1,997,000
Employee Costs45,333,00073,695,00070,658,00073,419,000219,524,000295,032,000298,597,000297,968,000329,288,000328,820,000340,861,000353,362,000374,552,000366,795,000
Number Of Employees1,1861,1321,4591,6393,7024,3374,5094,6344,9884,9295,2735,6816,3346,475
EBITDA*49,151,57920,810,62633,056,29562,737,40965,322,54035,371,20735,935,14112,852,99521,498,17318,283,07022,995,3846,594,4187,818,0288,751,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets43,731,0001,625,433,0001,506,804,0002,411,657,0001,214,657,00069,061,00067,384,00068,047,00057,575,00054,261,00048,427,00046,787,00047,011,00030,373,000
Intangible Assets4,476,00025,00067,000281,000041,890,00063,227,00083,457,00090,624,00091,388,00073,925,00060,183,00039,084,0009,459,000
Investments & Other01,583,208,0001,454,868,00067,358,00084,851,00036,921,00036,685,00031,893,00010,828,0005,789,0000000
Debtors (Due After 1 year)59,155,00010,239,0007,207,0001,148,910,0000000000000
Total Fixed Assets107,362,0001,615,219,0001,499,664,0001,263,028,000103,257,000110,951,000130,611,000151,504,000148,199,000145,649,000122,352,000106,970,00086,095,00039,832,000
Stock & work in progress00000000000000
Trade Debtors00000000000000
Group Debtors055,622,00060,636,00028,539,00030,365,00044,346,00028,027,00033,216,00048,701,000056,427,00056,532,00046,268,00067,769,000
Misc Debtors04,299,0003,068,0004,580,00014,722,0002,436,0003,067,0002,837,0005,025,00077,662,00014,377,00012,465,00012,466,0004,860,000
Cash5,991,0009,274,00044,072,0002,425,0002,401,0002,390,0005,073,0004,414,0001,588,0003,543,00044,829,00023,628,00025,586,00015,384,000
misc current assets834,430,00061,989,00019,939,00010,756,0004,638,00017,270,00015,571,00016,471,00016,404,00020,846,00016,409,00015,799,00016,881,00024,252,000
total current assets840,421,000131,184,000127,715,00046,300,00052,126,00066,442,00051,738,00056,938,00071,718,000102,051,000132,042,000108,424,000101,201,000112,265,000
total assets947,783,0001,746,403,0001,627,379,0001,309,328,000155,383,000177,393,000182,349,000208,442,000219,917,000247,700,000254,394,000215,394,000187,296,000152,097,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 08,700,00023,723,00018,914,00024,427,00019,749,00023,996,00013,030,00011,345,00012,695,00013,608,00013,992,00017,693,0008,173,000
Group/Directors Accounts0000-13,717,000010,000,00044,000,00067,000,00071,000,00052,800,00047,800,00033,353,00014,164,000
other short term finances00000000000000
hp & lease commitments045,342,00050,863,00058,427,0000000000000
other current liabilities128,457,000106,205,00087,021,00081,588,000139,528,000148,022,000141,652,000154,590,000131,192,000151,262,000172,639,000142,357,000123,969,000125,260,000
total current liabilities128,457,000160,247,000161,607,000158,929,000135,910,000167,771,000175,648,000211,620,000209,537,000234,957,000239,047,000204,149,000175,015,000147,597,000
loans0000000000002,137,0000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000000009,653,0000
provisions045,968,00069,002,00063,398,0000000000000
total long term liabilities022,984,00034,501,00031,699,0000000000011,790,0000
total liabilities128,457,000183,231,000196,108,000190,628,000135,910,000167,771,000175,648,000211,620,000209,537,000234,957,000239,047,000204,149,000186,805,000147,597,000
net assets819,326,0001,563,172,0001,431,271,0001,118,700,00019,473,0009,622,0006,701,000-3,178,00010,380,00012,743,00015,347,00011,245,000491,0004,500,000
total shareholders funds819,326,0001,563,172,0001,431,271,0001,118,700,0001,102,828,0009,622,0006,701,000-3,178,00010,380,00012,743,00015,347,00011,245,000491,0004,500,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit44,715,57914,608,62625,253,29553,821,40936,121,5402,512,2072,383,141-16,296,005-4,855,827-6,443,9302,789,384-8,801,582-4,041,972-136,000
Depreciation4,393,0006,160,0007,761,0008,891,0007,478,0009,676,00011,045,00011,901,00011,297,00011,219,00012,756,00011,752,0008,433,0005,913,000
Amortisation43,00042,00042,00025,00021,723,00023,183,00022,507,00017,248,00015,057,00013,508,0007,450,0003,644,0003,427,0002,974,000
Tax3,215,000-3,943,000516,000-370,000-1,515,000846,0004,630,000-9,380,000-343,000-1,613,000196,000739,000-2,638,000-1,861,000
Stock00000000000000
Debtors-11,005,000-751,000-1,111,118,0001,136,942,000-1,695,00015,688,000-4,959,000-17,673,000-23,936,0006,858,0001,807,00010,263,000-13,895,00072,629,000
Creditors-8,700,000-15,023,0004,809,000-5,513,0004,678,000-4,247,00010,966,0001,685,000-1,350,000-913,000-384,000-3,701,0009,520,0008,173,000
Accruals and Deferred Income22,252,00019,184,0005,433,000-57,940,000-8,494,0006,370,000-12,938,00023,398,000-20,070,000-21,377,00030,282,00018,388,000-1,291,000125,260,000
Deferred Taxes & Provisions-45,968,000-23,034,0005,604,00063,398,0000000000000
Cash flow from operations30,955,579-1,254,3741,160,536,295-1,074,629,59161,686,54022,652,20743,552,14146,228,99523,671,173-12,477,93051,282,38411,757,41827,304,02867,694,000
Investing Activities
capital expenditure1,572,815,000-124,789,000897,264,000-1,206,197,000-1,132,907,000-13,199,000-12,659,000-32,454,000-28,904,000-48,024,000-35,588,000-36,271,000-58,123,000-48,719,000
Change in Investments-1,583,208,000128,340,0001,387,510,000-17,493,00047,930,000236,0004,792,00021,065,0005,039,0005,789,0000000
cash flow from investments3,156,023,000-253,129,000-490,246,000-1,188,704,000-1,180,837,000-13,435,000-17,451,000-53,519,000-33,943,000-53,813,000-35,588,000-36,271,000-58,123,000-48,719,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00013,717,000-13,717,000-10,000,000-34,000,000-23,000,000-4,000,00018,200,0005,000,00014,447,00019,189,00014,164,000
Other Short Term Loans 00000000000000
Long term loans00000000000-2,137,0002,137,0000
Hire Purchase and Lease Commitments-45,342,000-5,521,000-7,564,00058,427,0000000000000
other long term liabilities00000000000-9,653,0009,653,0000
share issue-780,282,000120,014,000292,097,000-27,738,0001,063,933,000871,0007,963,0002,723,0002,480,0003,719,0001,852,00019,502,00006,497,000
interest-1,040,000-1,267,000-1,416,000-1,592,000-325,0000000-1,212,000-1,308,000-812,000162,000500,000
cash flow from financing-826,664,000113,226,000283,117,00042,814,0001,049,891,000-9,129,000-26,037,000-20,277,000-1,520,00020,707,0005,544,00021,347,00031,141,00021,161,000
cash and cash equivalents
cash-3,283,000-34,798,00041,647,00024,00011,000-2,683,000659,0002,826,000-1,955,000-41,286,00021,201,000-1,958,00010,202,00015,384,000
overdraft00000000000000
change in cash-3,283,000-34,798,00041,647,00024,00011,000-2,683,000659,0002,826,000-1,955,000-41,286,00021,201,000-1,958,00010,202,00015,384,000

P&L

December 2022

turnover

372.1m

-4%

operating profit

44.7m

0%

gross margin

39%

+3.52%

turnover

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

Balance Sheet

December 2022

net assets

819.3m

-0.48%

total assets

947.8m

-0.46%

cash

6m

-0.35%

net assets

Total assets minus all liabilities

aberdeen corporate services limited company details

company number

SC271355

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2004

age

20

accounts

Full Accounts

ultimate parent company

previous names

standard life employee services limited (October 2021)

slacom (no.6) limited (September 2004)

incorporated

UK

address

1 george street, edinburgh, EH2 2LL

last accounts submitted

December 2022

aberdeen corporate services 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 aberdeen corporate services limited.

charges

aberdeen corporate services limited Companies House Filings - See Documents

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