INSIGHTS - APRIL 2024

UK Financial Activities Industry

UK Financial Activities Industry Information

The other financial services industry provides services that are closely related to financial service activities such as administering financial markets, brokerage services, advisory and trustee services, fund management and risk management.

Active Businesses

21,301

Annual Sales

£168bn +

Employees

330,450

Economic Contribution 

£48bn

Tags

Location of Financial Activities Companies

Financial Activities Companies by Size

72% Micro

21% Small

4% Mid

2% Large

1% Mega

Largest Financial Activities Companies
Turnover
Financial Activities Companies by Age

32% Established

32% Young

19% Startup

18% Mature

0% New

Fastest Growing Financial Activities Companies

34% Declining

23% Healthy

16% Rapid

14% High

13% Low

Financial Activities Industry Competitive Environment - New Entrants vs Leavers

Financial Activities Industry Valuation

EBITDA Multiple

Financial Activities Industry Valuation

Turnover Multiple

Financial Activities Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Activities auxiliary to financial services and insurance activities Industry Insights

There are 21,301 active Businesses in the UK with combined annual sales of £168 billion .

The Industry employs around 330,449 people and contributes £48 billion to the economy.

The most popular location for Financial Activities companies is London with 7,031 and the fewest are located in Northern Ireland with 293.

The largest Financial Activities company is Glencore Energy Uk Ltd. with a turnover of £60.9bn. 72% of the industry is comprised of Micro companies with only 4% Mid companies.

18% of the Financial Activities Industry is made up of 18% Mature but the majority are Established businesses (32%) the oldest company is Ulster Bank, Limited founded in 1867.

Financial Activities industry has a number of high growth companies (14%), the fastest growing company is Convex Insurance Uk Limited with a 3 year growth rate of 508%. Other fast growing companies include Aramco Trading Limited (445%), Javelin Global Commodities (Uk) Ltd (368%) and Kyte Broking Limited (170%).

The UK Financial Activities Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 12.01x, Turnover multiple of 2.71x and a Net Asset multiple of 2.73x.