pricewaterhousecoopers services limited

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pricewaterhousecoopers services limited Company Information

Share PRICEWATERHOUSECOOPERS SERVICES LIMITED
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Company Number

00728502

Registered Address

1 embankment place, london, WC2N 6RH

Industry

Other business support service activities n.e.c.

 

Telephone

02075835000

Next Accounts Due

March 2025

Group Structure

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Directors

Kevin Ellis15 Years

Andrew Cope10 Years

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Shareholders

pwc holdings (uk) limited 100%

pricewaterhousecoopers services limited Estimated Valuation

£3.4b

Pomanda estimates the enterprise value of PRICEWATERHOUSECOOPERS SERVICES LIMITED at £3.4b based on a Turnover of £2.8b and 1.23x industry multiple (adjusted for size and gross margin).

pricewaterhousecoopers services limited Estimated Valuation

£2.5b

Pomanda estimates the enterprise value of PRICEWATERHOUSECOOPERS SERVICES LIMITED at £2.5b based on an EBITDA of £256.8m and a 9.67x industry multiple (adjusted for size and gross margin).

pricewaterhousecoopers services limited Estimated Valuation

£484.4m

Pomanda estimates the enterprise value of PRICEWATERHOUSECOOPERS SERVICES LIMITED at £484.4m based on Net Assets of £213.6m and 2.27x industry multiple (adjusted for liquidity).

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Pricewaterhousecoopers Services Limited Overview

Pricewaterhousecoopers Services Limited is a live company located in london, WC2N 6RH with a Companies House number of 00728502. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 1962, it's largest shareholder is pwc holdings (uk) limited with a 100% stake. Pricewaterhousecoopers Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £2.8b with healthy growth in recent years.

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Pricewaterhousecoopers Services Limited Health Check

Pomanda's financial health check has awarded Pricewaterhousecoopers Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.8b, make it larger than the average company (£3.6m)

£2.8b - Pricewaterhousecoopers Services Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.6%)

10% - Pricewaterhousecoopers Services Limited

4.6% - Industry AVG

production

Production

with a gross margin of 38%, this company has a comparable cost of product (38%)

38% - Pricewaterhousecoopers Services Limited

38% - Industry AVG

profitability

Profitability

an operating margin of 5.7% make it as profitable than the average company (6.2%)

5.7% - Pricewaterhousecoopers Services Limited

6.2% - Industry AVG

employees

Employees

with 22688 employees, this is above the industry average (23)

22688 - Pricewaterhousecoopers Services Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £86.2k, the company has a higher pay structure (£47.9k)

£86.2k - Pricewaterhousecoopers Services Limited

£47.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £122.7k, this is less efficient (£152.5k)

£122.7k - Pricewaterhousecoopers Services Limited

£152.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Pricewaterhousecoopers Services Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (32 days)

9 days - Pricewaterhousecoopers Services Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pricewaterhousecoopers 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 (25 weeks)

2 weeks - Pricewaterhousecoopers Services Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (60.9%)

87.3% - Pricewaterhousecoopers Services Limited

60.9% - Industry AVG

pricewaterhousecoopers 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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Pricewaterhousecoopers Services Limited Competitor Analysis

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Perform a competitor analysis for pricewaterhousecoopers services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

pricewaterhousecoopers services limited Ownership

PRICEWATERHOUSECOOPERS SERVICES LIMITED group structure

Pricewaterhousecoopers Services Limited has 3 subsidiary companies.

PRICEWATERHOUSECOOPERS SERVICES LIMITED Shareholders

pwc holdings (uk) limited 100%

pricewaterhousecoopers services limited directors

Pricewaterhousecoopers Services Limited currently has 11 directors. The longest serving directors include Mr Kevin Ellis (Sep 2008) and Mr Andrew Cope (Jun 2014).

officercountryagestartendrole
Mr Kevin EllisEngland60 years Sep 2008- Director
Mr Andrew Cope59 years Jun 2014- Director
Mr Dan Schwarzmann60 years Sep 2017- Director
Ms Alison StathamUnited Kingdom53 years Jul 2020- Director
Mr Marco Amitrano54 years Jul 2020- Director
Mr Benjamin HigginUnited Kingdom45 years Jul 2020- Director
Ms Alison StathamUnited Kingdom53 years Jul 2020- Director
Mrs Marissa ThomasUnited Kingdom54 years Jan 2022- Director
Mrs Marissa Thomas54 years Jan 2022- Director
Mr Ian Elliott56 years Jan 2022- Director

PRICEWATERHOUSECOOPERS SERVICES LIMITED financials

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Pricewaterhousecoopers Services Limited's latest turnover from June 2023 is £2.8 billion and the company has net assets of £213.6 million. According to their latest financial statements, Pricewaterhousecoopers Services Limited has 22,688 employees and maintains cash reserves of £39 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover2,782,724,0002,355,693,0002,049,904,0002,077,546,0001,906,821,0001,743,820,0001,671,686,0001,832,831,0001,708,763,0001,534,890,0001,432,795,0001,450,287,0001,356,968,0001,232,808,000
Other Income Or Grants00000000000000
Cost Of Sales1,724,881,2101,450,249,5221,295,615,0591,290,285,2831,198,000,1971,095,962,8421,034,495,4871,137,874,9041,083,542,648987,930,949916,585,917902,546,904824,853,078735,210,554
Gross Profit1,057,842,790905,443,478754,288,941787,260,717708,820,803647,857,158637,190,513694,956,096625,220,352546,959,051516,209,083547,740,096532,114,922497,597,446
Admin Expenses900,569,790771,603,478638,161,941670,120,717604,811,803519,295,158551,122,513591,350,096531,472,352486,348,051513,228,083537,731,096521,172,922488,152,446
Operating Profit157,273,000133,840,000116,127,000117,140,000104,009,000128,562,00086,068,000103,606,00093,748,00060,611,0002,981,00010,009,00010,942,0009,445,000
Interest Payable23,025,00016,253,00015,818,00015,342,0001,374,0001,593,0001,663,0001,414,000649,0001,087,000945,0001,423,000690,000530,000
Interest Receivable1,040,000416,000195,000580,000501,000130,000210,000145,000124,00076,00065,00045,000141,00075,000
Pre-Tax Profit135,288,000118,003,000100,504,000102,378,000103,136,000127,099,00084,615,000102,337,00093,223,00059,600,0002,101,0008,631,00010,393,0008,990,000
Tax-30,295,000-25,653,000-19,506,000-21,994,000-22,652,000-22,456,000-21,922,000-23,771,000-24,215,000-16,743,000-5,925,000-6,532,000-8,490,000-19,460,000
Profit After Tax104,993,00092,350,00080,998,00080,384,00080,484,000104,643,00062,693,00078,566,00069,008,00042,857,000-3,824,0002,099,0001,903,000-10,470,000
Dividends Paid075,000,000125,000,000100,000,00032,000,00074,000,0008,000,000147,500,00030,000,00000000
Retained Profit104,993,00017,350,000-44,002,000-19,616,00048,484,00030,643,00054,693,000-68,934,00039,008,00042,857,000-3,824,0002,099,0001,903,000-10,470,000
Employee Costs1,954,922,0001,641,033,0001,455,036,0001,387,906,0001,284,429,0001,136,288,0001,114,465,0001,026,656,000897,824,000769,765,000711,613,000695,930,000611,029,000594,354,000
Number Of Employees22,68820,44119,50718,75717,53916,36415,91115,04013,51211,90011,21611,24810,4179,798
EBITDA*256,814,000229,189,000214,488,000218,581,000145,801,000172,942,000132,087,000149,524,000135,155,00093,344,00029,954,00030,181,00031,114,00027,502,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets729,466,000778,000,000827,905,000860,423,000163,709,000162,431,000161,490,000189,281,000193,394,000196,554,000169,953,000145,936,000126,167,00074,993,000
Intangible Assets2,902,0005,335,0008,797,00011,669,00012,785,00016,066,00014,721,00013,396,00019,978,00018,625,00019,660,0006,364,0005,798,0006,712,000
Investments & Other65,000815,000815,000815,000815,000815,000815,00022,082,00022,082,00020,952,00014,494,0008,828,0008,411,000801,000
Debtors (Due After 1 year)7,708,0007,224,00010,103,0007,959,0005,251,000000000000
Total Fixed Assets724,660,000776,111,000826,599,000864,133,000176,494,000178,497,000176,211,000202,677,000213,372,000215,179,000189,613,000152,300,000131,965,00081,705,000
Stock & work in progress00000000000000
Trade Debtors00000000000000
Group Debtors862,061,000693,108,000541,473,000540,729,000556,701,000449,043,000338,776,000264,125,000344,953,000254,451,000192,409,000225,555,000264,318,000252,247,000
Misc Debtors49,448,00036,720,00035,190,00031,464,00055,653,00051,102,00064,280,00065,766,00053,541,00040,751,00051,240,00053,599,00028,255,00027,126,000
Cash39,038,00066,526,00077,266,0005,0005,0001,306,0001,611,00027,695,00012,784,00013,212,0006,046,0002,314,00001,326,000
misc current assets00000000000813,00000
total current assets958,231,000804,778,000661,053,000576,794,000612,359,000501,451,000404,667,000357,586,000411,278,000308,414,000249,695,000282,281,000292,573,000280,699,000
total assets1,682,891,0001,580,889,0001,487,652,0001,440,927,000788,853,000679,948,000580,878,000560,263,000624,650,000523,593,000439,308,000434,581,000424,538,000362,404,000
Bank overdraft0000000000009,618,0000
Bank loan00000000000000
Trade Creditors 44,143,00048,351,00046,532,00034,500,00037,633,00048,127,00023,664,00031,062,00036,988,00035,884,00033,402,00019,717,00015,630,00010,258,000
Group/Directors Accounts00000000000000
other short term finances0007,348,0007,174,0000855,0000000000
hp & lease commitments75,345,00071,843,00067,927,00066,786,0000000000000
other current liabilities788,442,000740,992,000620,811,000492,237,000575,519,000510,393,000468,633,000488,322,000484,442,000430,430,000384,255,000390,467,000381,696,000334,884,000
total current liabilities907,930,000861,186,000735,270,000600,871,000620,326,000558,520,000493,152,000519,384,000521,430,000466,314,000417,657,000410,184,000406,944,000345,142,000
loans1,094,262,0001,192,280,0001,291,540,0001,380,380,0000000000000
hp & lease commitments547,131,000596,140,000645,770,000690,190,0000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions28,502,00026,524,00030,554,00027,832,00024,150,00028,082,00023,998,00022,218,00023,446,00019,254,00026,546,00022,236,00014,788,00015,862,000
total long term liabilities561,382,000609,402,000661,047,000704,106,00012,075,00014,041,00011,999,00011,109,00011,723,0009,627,00013,273,00011,118,0007,394,0007,931,000
total liabilities1,469,312,0001,470,588,0001,396,317,0001,304,977,000632,401,000572,561,000505,151,000530,493,000533,153,000475,941,000430,930,000421,302,000414,338,000353,073,000
net assets213,579,000110,301,00091,335,000135,950,000156,452,000107,387,00075,727,00029,770,00091,497,00047,652,0008,378,00013,279,00010,200,0009,331,000
total shareholders funds213,579,000110,301,00091,335,000135,950,000156,452,000107,387,00075,727,00029,770,00091,497,00047,652,0008,378,00013,279,00010,200,0009,331,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit157,273,000133,840,000116,127,000117,140,000104,009,000128,562,00086,068,000103,606,00093,748,00060,611,0002,981,00010,009,00010,942,0009,445,000
Depreciation95,632,00090,667,00092,349,00095,572,00035,375,00036,162,00038,216,00039,427,00034,916,00026,879,00023,472,00016,848,00016,848,00014,923,000
Amortisation3,909,0004,682,0006,012,0005,869,0006,417,0008,218,0007,803,0006,491,0006,491,0005,854,0003,501,0003,324,0003,324,0003,134,000
Tax-30,295,000-25,653,000-19,506,000-21,994,000-22,652,000-22,456,000-21,922,000-23,771,000-24,215,000-16,743,000-5,925,000-6,532,000-8,490,000-19,460,000
Stock00000000000000
Debtors182,165,000150,286,0006,614,000-37,453,000117,460,00097,089,00073,165,000-68,603,000103,292,00051,553,000-35,505,000-13,419,00013,200,000279,373,000
Creditors-4,208,0001,819,00012,032,000-3,133,000-10,494,00024,463,000-7,398,000-5,926,0001,104,0002,482,00013,685,0004,087,0005,372,00010,258,000
Accruals and Deferred Income47,450,000120,181,000128,574,000-83,282,00065,126,00041,760,000-19,689,0003,880,00054,012,00046,175,000-6,212,0008,771,00046,812,000334,884,000
Deferred Taxes & Provisions1,978,000-4,030,0002,722,0003,682,000-3,932,0004,084,0001,780,000-1,228,0004,192,000-7,292,0004,310,0007,448,000-1,074,00015,862,000
Cash flow from operations89,574,000171,220,000331,696,000151,307,00056,389,000123,704,00011,693,000191,082,00066,956,00066,413,00071,317,00057,374,00060,534,00089,673,000
Investing Activities
capital expenditure-48,574,000-41,982,000-62,971,000-797,039,000-39,789,000-46,666,000-19,553,000-35,223,000-39,600,000-58,299,000-64,286,000-40,507,000-70,432,000-99,762,000
Change in Investments-750,00000000-21,267,00001,130,0006,458,0005,666,000417,0007,610,000801,000
cash flow from investments-47,824,000-41,982,000-62,971,000-797,039,000-39,789,000-46,666,0001,714,000-35,223,000-40,730,000-64,757,000-69,952,000-40,924,000-78,042,000-100,563,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00-7,348,000174,0007,174,000-855,000855,0000000000
Long term loans-98,018,000-99,260,000-88,840,0001,380,380,0000000000000
Hire Purchase and Lease Commitments-45,507,000-45,714,000-43,279,000756,976,0000000000000
other long term liabilities00000000000000
share issue-1,715,0001,616,000-613,000-886,000581,0001,017,000-8,736,0007,207,0004,837,000-3,583,000-1,077,000980,000-1,034,00019,801,000
interest-21,985,000-15,837,000-15,623,000-14,762,000-873,000-1,463,000-1,453,000-1,269,000-525,000-1,011,000-880,000-1,378,000-549,000-455,000
cash flow from financing-167,225,000-159,195,000-155,703,0002,121,882,0006,882,000-1,301,000-9,334,0005,938,0004,312,000-4,594,000-1,957,000-398,000-1,583,00019,346,000
cash and cash equivalents
cash-27,488,000-10,740,00077,261,0000-1,301,000-305,000-26,084,00014,911,000-428,0007,166,0003,732,0002,314,000-1,326,0001,326,000
overdraft00000000000-9,618,0009,618,0000
change in cash-27,488,000-10,740,00077,261,0000-1,301,000-305,000-26,084,00014,911,000-428,0007,166,0003,732,00011,932,000-10,944,0001,326,000

P&L

June 2023

turnover

2.8b

+18%

operating profit

157.3m

+18%

gross margin

38.1%

-1.1%

turnover

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

Balance Sheet

June 2023

net assets

213.6m

+0.94%

total assets

1.7b

+0.06%

cash

39m

-0.41%

net assets

Total assets minus all liabilities

pricewaterhousecoopers services limited company details

company number

00728502

Type

Private limited with Share Capital

industry

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

incorporation date

June 1962

age

62

accounts

Full Accounts

ultimate parent company

previous names

pricewaterhousecoopers services (June 2010)

p.w.& co. (June 2004)

incorporated

UK

address

1 embankment place, london, WC2N 6RH

last accounts submitted

June 2023

pricewaterhousecoopers 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 found 5 charges/mortgages relating to pricewaterhousecoopers services limited. Currently there are 2 open charges and 3 have been satisfied in the past.

charges

pricewaterhousecoopers services limited Companies House Filings - See Documents

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