m&g fa limited

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m&g fa limited Company Information

Share M&G FA LIMITED

Company Number

01048359

Directors

Clare Bousfield

Lee Bullen

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Shareholders

m & g group limited

Group Structure

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Industry

Activities of head offices

 

Registered Address

10 fenchurch avenue, london, EC3M 5AG

m&g fa limited Estimated Valuation

£614.9m

Pomanda estimates the enterprise value of M&G FA LIMITED at £614.9m based on a Turnover of £547.7m and 1.12x industry multiple (adjusted for size and gross margin).

m&g fa limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M&G FA LIMITED at £0 based on an EBITDA of £-137.5m and a 8.88x industry multiple (adjusted for size and gross margin).

m&g fa limited Estimated Valuation

£853.8m

Pomanda estimates the enterprise value of M&G FA LIMITED at £853.8m based on Net Assets of £405.4m and 2.11x industry multiple (adjusted for liquidity).

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M&g Fa Limited Overview

M&g Fa Limited is a live company located in london, EC3M 5AG with a Companies House number of 01048359. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1972, it's largest shareholder is m & g group limited with a 100% stake. M&g Fa Limited is a mature, mega sized company, Pomanda has estimated its turnover at £547.7m with declining growth in recent years.

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M&g Fa Limited Health Check

Pomanda's financial health check has awarded M&G Fa Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £547.7m, make it larger than the average company (£20.2m)

£547.7m - M&g Fa Limited

£20.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.4%)

-5% - M&g Fa Limited

7.4% - Industry AVG

production

Production

with a gross margin of 33.7%, this company has a comparable cost of product (33.7%)

33.7% - M&g Fa Limited

33.7% - Industry AVG

profitability

Profitability

an operating margin of -25.5% make it less profitable than the average company (5.9%)

-25.5% - M&g Fa Limited

5.9% - Industry AVG

employees

Employees

with 1578 employees, this is above the industry average (110)

1578 - M&g Fa Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £222.2k, the company has a higher pay structure (£49.9k)

£222.2k - M&g Fa Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £347.1k, this is more efficient (£204.7k)

£347.1k - M&g Fa Limited

£204.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 126 days, this is later than average (45 days)

126 days - M&g Fa Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 395 days, this is slower than average (42 days)

395 days - M&g Fa Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M&g Fa 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 (15 weeks)

2 weeks - M&g Fa Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64%, this is a higher level of debt than the average (55.6%)

64% - M&g Fa Limited

55.6% - Industry AVG

M&G FA LIMITED financials

EXPORTms excel logo

M&G Fa Limited's latest turnover from December 2023 is £547.7 million and the company has net assets of £405.4 million. According to their latest financial statements, M&G Fa Limited has 1,578 employees and maintains cash reserves of £20.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover547,669,000636,823,000616,228,000631,911,000630,503,000625,432,000582,431,000507,985,000478,533,000504,538,000588,092,000464,272,000453,188,000389,937,000299,448,000
Other Income Or Grants
Cost Of Sales363,281,461423,964,243414,835,773426,608,242424,095,229421,745,829393,939,854342,521,583325,816,716349,362,732408,629,123323,065,438315,906,479270,134,860
Gross Profit184,387,539212,858,757201,392,227205,302,758206,407,771203,686,171188,491,146165,463,417152,716,284155,175,268179,462,877141,206,562137,281,521119,802,140
Admin Expenses324,007,539289,400,757247,812,227207,950,758235,926,771222,072,171199,158,146168,073,417156,753,284156,299,268178,374,877142,670,562120,988,521118,574,1406,000
Operating Profit-139,620,000-76,542,000-46,420,000-2,648,000-29,519,000-18,386,000-10,667,000-2,610,000-4,037,000-1,124,0001,088,000-1,464,00016,293,0001,228,000-6,000
Interest Payable10,190,00022,800,0003,146,0002,286,0002,424,0003,498,000117,0001,765,000709,00013,454,00011,560,000800,00014,698,00013,764,0006,633,000
Interest Receivable19,141,00015,751,00021,147,0007,741,00079,869,0007,636,00042,750,00021,158,0005,907,00017,135,00019,011,00016,288,00017,233,00014,252,00014,778,000
Pre-Tax Profit10,927,00082,392,000176,768,000247,175,000249,321,000348,934,000343,909,000278,579,000310,741,000327,627,000274,022,000223,556,000225,507,000180,870,000114,263,000
Tax28,868,00017,606,0004,503,000-1,611,000-6,220,0009,672,000-9,069,000-7,497,000-3,251,000-1,564,000-3,573,0002,225,000-5,170,000596,000-5,715,000
Profit After Tax39,795,00099,998,000181,271,000245,564,000243,101,000358,606,000334,840,000271,082,000307,490,000326,063,000270,449,000225,781,000220,337,000181,466,000108,548,000
Dividends Paid128,000,00076,000,000142,000,000185,000,000446,900,000196,000,000323,000,000290,000,000150,000,000285,000,000234,700,000196,400,000213,300,000150,000,00093,100,000
Retained Profit-88,205,00023,998,00039,271,00060,564,000-203,799,000162,606,00011,840,000-18,918,000157,490,00041,063,00035,749,00029,381,0007,037,00031,466,00015,448,000
Employee Costs350,688,000356,847,000323,982,000347,665,000300,941,000306,813,000329,431,000280,076,000257,432,000299,496,000262,215,000229,853,000220,592,000203,463,000154,681,000
Number Of Employees1,5781,4871,5541,6651,6691,6941,5831,5841,5931,4601,3211,1721,0761,0261,000
EBITDA*-137,485,000-74,047,000-43,932,000649,000-9,416,000-557,000-8,659,000-721,000-2,122,000601,0002,537,000-88,00018,493,0004,148,000683,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets30,00030,00031,000118,000402,000101,841,0001,720,0003,807,0005,032,0006,104,0006,814,0006,530,0007,385,0008,410,0009,298,000
Intangible Assets7,212,0009,370,00011,028,00013,619,00015,902,00018,233,0003,240,000160,000
Investments & Other746,406,000595,773,000472,087,000417,859,000392,465,000306,325,000247,701,000267,403,000190,256,000159,957,00099,420,000100,406,00083,488,00094,813,00097,831,000
Debtors (Due After 1 year)26,212,00024,452,00017,528,00019,715,00028,883,00029,992,00037,123,00011,405,0009,808,0003,403,0004,066,0001,880,0001,749,000
Total Fixed Assets753,648,000605,173,000509,358,000456,048,000426,297,000446,114,000278,304,000301,202,000235,651,000177,626,000116,042,000110,339,00094,939,000105,103,000108,878,000
Stock & work in progress
Trade Debtors190,060,000194,890,0003,692,00018,486,00013,538,00023,463,0002,795,0003,553,0006,552,0001,724,000
Group Debtors210,803,000308,355,000165,894,000495,656,000338,341,000324,562,000363,187,000212,947,000142,221,000140,750,000108,205,000100,699,000109,718,000
Misc Debtors20,858,00026,783,00016,762,00019,940,00061,474,00041,410,00013,236,00012,110,00023,422,00051,772,00012,768,0007,806,00010,981,0007,972,0008,623,000
Cash20,334,00047,640,00048,121,00074,559,00059,688,00063,871,000164,136,000102,504,000128,657,000184,780,000286,206,000213,289,000177,357,000192,460,000136,174,000
misc current assets139,849,000161,009,000143,961,00062,725,000112,245,000159,739,00042,610,00020,136,0009,155,00011,893,00056,456,00058,902,00057,249,00033,216,00029,034,000
total current assets371,101,000430,322,000423,339,000484,065,000412,839,000784,139,000561,118,000462,865,000530,973,000463,116,000497,651,000420,747,000353,792,000334,347,000283,549,000
total assets1,124,749,0001,035,495,000932,697,000940,113,000839,136,0001,230,253,000839,422,000764,067,000766,624,000640,742,000613,693,000531,086,000448,731,000439,450,000392,427,000
Bank overdraft
Bank loan
Trade Creditors 393,776,000394,389,000
Group/Directors Accounts121,442,000159,826,00096,239,000224,004,00041,582,00046,805,00028,484,00024,908,00060,913,00058,750,00051,557,00079,654,00092,195,000
other short term finances13,00060,000744,000
hp & lease commitments
other current liabilities220,971,000249,460,000239,632,000256,062,000247,435,000208,599,000192,937,000230,378,000170,208,000139,996,000144,332,000107,611,00090,384,000
total current liabilities393,776,000394,389,000342,413,000409,299,000335,931,000480,810,000289,017,000255,404,000221,421,000255,286,000231,121,000198,746,000195,889,000187,265,000182,579,000
loans
hp & lease commitments
Accruals and Deferred Income32,395,00052,677,00051,929,000102,616,00092,059,00089,980,000109,461,000118,617,000
other liabilities34,981,00036,615,000
provisions5,154,00032,145,00043,193,00031,090,00034,706,00029,552,00025,009,00021,289,00024,923,00016,993,000177,155,000142,586,000103,592,00090,339,00066,490,000
total long term liabilities325,575,00068,760,00075,588,00083,767,00086,635,000132,168,000117,068,000111,269,000134,384,000135,610,000177,155,000142,586,000103,592,000108,409,00093,546,000
total liabilities719,351,000463,149,000418,001,000493,066,000422,566,000612,978,000406,085,000366,673,000355,805,000390,896,000408,276,000341,332,000299,481,000295,674,000276,125,000
net assets405,398,000572,346,000514,696,000447,047,000416,570,000617,275,000433,337,000397,394,000410,819,000249,846,000205,417,000189,754,000149,250,000143,776,000116,302,000
total shareholders funds405,398,000572,346,000514,696,000447,047,000416,570,000617,275,000433,337,000397,394,000410,819,000249,846,000205,417,000189,754,000149,250,000143,776,000116,302,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-139,620,000-76,542,000-46,420,000-2,648,000-29,519,000-18,386,000-10,667,000-2,610,000-4,037,000-1,124,0001,088,000-1,464,00016,293,0001,228,000-6,000
Depreciation1,00019,000230,00017,560,0001,197,0002,008,0001,889,0001,754,0001,550,0001,449,0001,376,0002,200,0002,920,000689,000
Amortisation2,135,0002,494,0002,469,0003,067,0002,543,00016,632,000161,000175,000
Tax28,868,00017,606,0004,503,000-1,611,000-6,220,0009,672,000-9,069,000-7,497,000-3,251,000-1,564,000-3,573,0002,225,000-5,170,000596,000-5,715,000
Stock
Debtors-10,755,000-35,796,000-113,764,000112,799,000-321,810,000196,989,00013,038,000-60,067,000152,436,000113,051,00012,838,00028,707,00012,701,000-9,539,000120,090,000
Creditors-613,000394,389,000
Accruals and Deferred Income-253,366,000-48,771,00010,576,000-67,117,00019,184,00040,915,000-3,819,000-46,597,000178,787,00030,212,000-4,336,00036,721,00017,227,00090,384,000
Deferred Taxes & Provisions-26,991,000-11,048,00012,103,000-3,616,0005,154,0004,543,0003,720,000-3,634,0007,930,000-160,162,00034,569,00038,994,00013,253,00023,849,00066,490,000
Cash flow from operations-125,466,000109,330,00037,667,000-106,801,000244,211,000-164,147,00013,869,00044,396,000-196,476,000-95,389,00050,907,0008,088,00050,596,00055,359,00031,752,000
Investing Activities
capital expenditure23,000-836,000190,000-730,00083,667,000-136,183,00079,0002,576,000-3,923,000-1,175,000-1,733,000-521,000-1,175,000-2,032,000-9,987,000
Change in Investments150,633,000123,686,00054,228,00025,394,00086,140,00058,624,000-19,702,00077,147,00030,299,00060,537,000-986,00016,918,000-11,325,000-3,018,00097,831,000
cash flow from investments-150,610,000-124,522,000-54,038,000-26,124,000-2,473,000-194,807,00019,781,000-74,571,000-34,222,000-61,712,000-747,000-17,439,00010,150,000986,000-107,818,000
Financing Activities
Bank loans
Group/Directors Accounts-121,442,000-38,384,00063,587,000-127,765,000182,422,000-5,223,00018,321,0003,576,000-36,005,0002,163,0007,193,000-28,097,000-12,541,00092,195,000
Other Short Term Loans -13,000-47,000-684,000744,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,634,00036,615,000
share issue-78,743,00033,652,00028,378,000-30,087,0003,094,00021,332,00024,103,0005,493,0003,483,0003,366,000-20,086,00011,123,000-1,563,000-3,992,000100,854,000
interest8,951,000-7,049,00018,001,0005,455,00077,445,0004,138,00042,633,00019,393,0005,198,0003,681,0007,451,00015,488,0002,535,000488,0008,145,000
cash flow from financing-71,426,000-58,224,0007,982,00038,908,000-47,910,000208,636,00061,513,00043,207,00012,257,000-28,958,000-10,472,00033,804,000-27,125,000-16,045,000201,194,000
cash and cash equivalents
cash-27,306,000-481,000-26,438,00014,871,000-4,183,000-100,265,00061,632,000-26,153,000-56,123,000-101,426,00072,917,00035,932,000-15,103,00056,286,000136,174,000
overdraft
change in cash-27,306,000-481,000-26,438,00014,871,000-4,183,000-100,265,00061,632,000-26,153,000-56,123,000-101,426,00072,917,00035,932,000-15,103,00056,286,000136,174,000

m&g fa 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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M&g Fa Limited Competitor Analysis

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Perform a competitor analysis for m&g fa limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in EC3M area or any other competitors across 12 key performance metrics.

m&g fa limited Ownership

M&G FA LIMITED group structure

M&G Fa Limited has 97 subsidiary companies.

Ultimate parent company

M&G FA LIMITED

01048359

97 subsidiaries

M&G FA LIMITED Shareholders

m & g group limited 100%

m&g fa limited directors

M&G Fa Limited currently has 8 directors. The longest serving directors include Miss Clare Bousfield (Aug 2019) and Mr Lee Bullen (Jul 2021).

officercountryagestartendrole
Miss Clare BousfieldUnited Kingdom56 years Aug 2019- Director
Mr Lee BullenEngland44 years Jul 2021- Director
Mr Simon MoffattEngland55 years Jul 2021- Director
Mr Matthew HowellsUnited Kingdom46 years Jul 2021- Director
Mr Paul CooperUnited Kingdom52 years Jul 2021- Director
Mr Matthew HowellsUnited Kingdom46 years Jul 2021- Director
Mr Sean Fitzgerald60 years Apr 2022- Director
Mr Marcello AronaUnited Kingdom53 years Jan 2025- Director

P&L

December 2023

turnover

547.7m

-14%

operating profit

-139.6m

+82%

gross margin

33.7%

+0.73%

turnover

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

Balance Sheet

December 2023

net assets

405.4m

-0.29%

total assets

1.1b

+0.09%

cash

20.3m

-0.57%

net assets

Total assets minus all liabilities

m&g fa limited company details

company number

01048359

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 1972

age

53

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

m & g limited (September 2019)

m. & g.group limited (December 1981)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

10 fenchurch avenue, london, EC3M 5AG

Bank

-

Legal Advisor

-

m&g fa 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 m&g fa limited.

m&g fa limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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m&g fa limited Companies House Filings - See Documents

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