Business Credit Management UK

ICC Overview Report




BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY
 
STATUTORY INFORMATION
 
Previous Name: None
 
Registered Number: 01800000
 
Registered Office: 81 NEWGATE STREET, Date of Incorporation: 01/04/1984
LONDON, Latest Annual Return: 09/08/1998
EC1A 7AJ Date Accounts Lodged: 08/07/1998
Latest Filed Accounts Date: 31/03/1998
Date of Analysed Accounts: 31/03/1998
Accounts Reference Date: 31/03
Issued Capital (£): 1,613,315,135
 
Company is: Quoted
Public limited with share capital
English/Welsh companies incorporated under part 1 of the Companies Act
 
Type of Accounts: Group
 
DIRECTORY INFORMATION
 
Trading Address: 81 Newgate Street, Telephone Number: 0171 356 5369
London, Fax Number: 0171 356 5520
EC1A 7AJ
 
Region: CENTRAL LONDON
Auditors: Coopers & Lybrand
Bankers: MIDLAND BANK
Principal Activities: A group engaged in the supply of telecommunication services and equipment.
 
UK SIC Code(s):
64200 Telecommunications
32201 Manufacture of telegraph and telephone apparatus and equipment
 
RISK INFORMATION
 
Holding Company: None
Ultimate Holding Company: None
 
RISK SCORE
1998 83 Credit Limit (£): 1,400,000,000
1997 63 Contract Limit (£): 2,140,000,000
1996 69
1995 59
 
The ICC score has been designed to predict the likelihood of a company becoming insolvent within the year. The latest score is 83 and this indicates a risk level for the next year over ten times less than the average rate of 2%. We would expect 5.60% of companies to be at and above this score. The credit limit is £1,400,000,000, which is a reflection of the score and the substantial financial strength of the company.
 
County Court Judgments: There are 72 exact unsatisfied CCJs totalling £93067.34.
 
 
ACCOUNTS
 
Date of Accounts 31/03/1998 31/03/1997 31/03/1996 2
ConsolidatedYesYesYes Year
SubsidiaryNoNoNo Growth
Number of Weeks 52 52 52 Rate
Currency (£ '000) (£ '000) (£ '000) %
Audit Qualification No No No
 
PROFIT & LOSS
Turnover 15,640,000 14,935,000 14,446,000 8
Cost of Sales - - - -
Pre-tax Profit 3,219,000 3,203,000 3,019,000 7
Directors' Remuneration 3,963 2,707 3,487 14
Employees' Remuneration 3,290,000 3,161,000 3,105,000 6
Number of Employees (actual) 129,200 129,600 135,200 -4
 
BALANCE SHEET
Total Fixed Assets 19,241,000 18,917,000 17,819,000 8
Total Current Assets 4,228,000 6,441,000 5,896,000 -28
Total Assets 23,469,000 25,358,000 23,715,000 -1
Total Current Liabilities 6,962,000 9,641,000 6,089,000 14
Total Assets less Current Liabilities 16,507,000 15,717,000 17,626,000 -6
Shareholders' Funds 10,785,000 11,116,000 12,678,000 -15
Total Long Term Liabilities 5,722,000 4,601,000 4,948,000 16
Capital Employed 16,507,000 15,717,000 17,626,000 -6
 
COMPANY/INDUSTRY COMPARISON
 
This comparison is based on the results of 390 companies in the same industrial sector: 64200 Telecommunications
 
Company Industry Averages
31/03/1998 LowerMedianUpper
Profit/Sales (%) 20.58 -21.5 1.1 13.1
Profit/Capital Employed (%) 19.50 -14.0 13.8 45.7
Profit/Total Assets (%)13.72 -12.0 1.4 15.4
Sales/Total Assets (%)66.64 44.8 112.1 232.0
Credit Period (Days) 42.03 79.0 50.8 23.8
Current Ratio 0.61 0.5 0.9 1.4
Average Employee Remuneration (£) 25,464 15,488 21,566 29,234
Wages/Sales (%) 21.04 28.4 20.1 11.4
Sales per Employee (£) 121,053 66,279 107,571 198,068
 
DIRECTORS
 
COMPANY SECRETARY
 
COLIN RAYMOND GREEN
 
DIRECTORS
 
HELEN ALEXANDER
JAMES IAIN WALKER ANDERSON
MALCOLM ARGENT
SIR PETER LEAHY BONFIELD CBE
ROBERT PAUL BRACE
MR WILLIAM COCKBURN CBE TD
SIR EWEN ALASTAIR JOHN FERGUSSON MA GCMG GCVO
EDWARD NEVILLE ISDELL
SIR LORD MARSHALL OF KNIGHTSBRIDGE
JOHN KEITH OATES
SIR IAIN DAVID THOMAS VALLANCE
SIR JOHN WESTON KCMG

Report Generated: Dec 02, 1998

©1998 ICC Information Ltd

 

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