Pomanda estimates the enterprise value of ING SERVICES LIMITED at £28.5m based on a Turnover of £137.7m and 0.21x industry multiple (adjusted for size and gross margin).
ing services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ING SERVICES LIMITED at £0 based on an EBITDA of £-12.9m and a 3.6x industry multiple (adjusted for size and gross margin).
ing services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ING SERVICES LIMITED at £0 based on Net Assets of £-81.6m and 1.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ing Services LimitedOverview
Ing Services Limited is a live company located in london, EC2R 6DA with a Companies House number of 01089211. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in January 1973, it's largest shareholder is
ing intermediate holdings ltd
with a 100% stake. Ing Services Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£137.7m with
low
growth in recent years.
Pomanda's financial health check has awarded Ing Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
0 Regular
4 Weak
Size
annual sales of £137.7m, make it larger than the average company (£9.8m)
£137.7m - Ing Services Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.8%)
2% - Ing Services Limited
6.8% - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ing Services Limited
- - Industry AVG
Profitability
an operating margin of -9.4% make it less profitable than the average company (1.9%)
-9.4% - Ing Services Limited
1.9% - Industry AVG
Employees
with 752 employees, this is above the industry average (61)
752 - Ing Services Limited
61 - Industry AVG
Pay Structure
on an average salary of £200.3k, the company has a higher pay structure (£60.4k)
£200.3k - Ing Services Limited
£60.4k - Industry AVG
Efficiency
resulting in sales per employee of £183.2k, this is more efficient (£111.3k)
£183.2k - Ing Services Limited
£111.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ing Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ing Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ing Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ing Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.4%, this is a higher level of debt than the average (79.1%)
119.4% - Ing Services Limited
79.1% - Industry AVG
ING SERVICES LIMITED financials
EXPORT
Ing Services Limited's latest turnover from December 2023 is £137.7 million and the company has net assets of -£81.6 million. According to their latest financial statements, Ing Services Limited has 752 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
137,736,000
133,462,000
132,559,000
128,939,000
135,111,000
130,412,000
117,147,000
104,831,000
99,120,000
95,216,000
94,851,000
103,094,000
115,426,000
120,865,000
96,166,000
Other Income Or Grants
Cost Of Sales
137,736,000
133,462,000
132,559,000
128,939,000
107,161,799
103,014,360
93,586,954
85,036,276
82,824,240
78,515,505
77,092,711
81,112,611
87,937,539
90,242,633
Gross Profit
27,949,201
27,397,640
23,560,046
19,794,724
16,295,760
16,700,495
17,758,289
21,981,389
27,488,461
30,622,367
Admin Expenses
12,900,000
12,500,000
12,400,000
13,600,000
38,249,201
43,697,640
33,160,046
29,094,724
25,495,760
26,900,495
28,458,289
30,981,389
36,388,461
39,122,367
7,600,000
Operating Profit
-12,900,000
-12,500,000
-12,400,000
-13,600,000
-10,300,000
-16,300,000
-9,600,000
-9,300,000
-9,200,000
-10,200,000
-10,700,000
-9,000,000
-8,900,000
-8,500,000
-7,600,000
Interest Payable
9,000
Interest Receivable
12,000
4,000
9,000
9,000
5,000
9,000
21,000
13,000
4,000
1,000
Pre-Tax Profit
7,700,000
-1,300,000
-3,000,000
-2,100,000
2,800,000
-5,388,000
3,304,000
8,009,000
7,309,000
1,705,000
4,100,000
-5,979,000
4,213,000
6,004,000
1,001,000
Tax
-1,926,000
325,000
-14,124,000
-4,601,000
-476,000
918,000
-888,000
3,934,000
9,129,000
-340,000
-12,012,000
7,528,000
8,870,000
20,044,000
-280,000
Profit After Tax
5,774,000
-975,000
-17,124,000
-6,701,000
2,324,000
-4,470,000
2,416,000
11,943,000
16,438,000
1,365,000
-7,912,000
1,549,000
13,083,000
26,048,000
721,000
Dividends Paid
1,758,000
Retained Profit
5,774,000
-975,000
-17,124,000
-6,701,000
2,324,000
-6,228,000
2,416,000
11,943,000
16,438,000
1,365,000
-7,912,000
1,549,000
13,083,000
26,048,000
721,000
Employee Costs
150,636,000
145,962,000
144,959,000
142,539,000
145,411,000
146,712,000
126,747,000
114,131,000
108,320,000
105,416,000
105,551,000
112,094,000
124,326,000
129,365,000
103,766,000
Number Of Employees
752
730
718
750
738
682
632
927
703
618
630
708
714
713
781
EBITDA*
-12,900,000
-12,500,000
-12,400,000
-13,600,000
-10,300,000
-16,300,000
-9,600,000
-9,300,000
-9,200,000
-10,200,000
-10,700,000
-9,000,000
-8,900,000
-8,500,000
-7,600,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
392,556,000
427,800,000
1,250,107,000
1,219,902,000
1,160,171,000
489,860,000
458,428,000
497,419,000
456,219,000
449,000,000
330,200,000
Intangible Assets
Investments & Other
488,800,000
254,254,000
315,750,000
198,706,000
141,192,000
Debtors (Due After 1 year)
392,556,000
427,800,000
625,207,000
610,302,000
580,471,000
1,060,000
428,000
919,000
1,119,000
Total Fixed Assets
392,556,000
427,800,000
625,207,000
610,302,000
580,471,000
489,860,000
458,428,000
497,419,000
456,219,000
449,000,000
330,200,000
254,254,000
315,750,000
198,706,000
141,192,000
Stock & work in progress
Trade Debtors
32,543,000
25,630,000
29,363,000
25,257,000
23,453,000
Group Debtors
29,360,000
31,834,000
30,375,000
24,837,000
24,303,000
24,303,000
29,792,000
49,936,000
33,120,000
Misc Debtors
25,373,000
25,373,000
26,288,000
24,524,000
Cash
1,746,000
1,742,000
1,733,000
misc current assets
total current assets
29,360,000
31,834,000
32,543,000
25,630,000
29,363,000
30,375,000
33,545,000
26,999,000
25,186,000
24,837,000
49,676,000
49,676,000
56,080,000
74,460,000
33,120,000
total assets
421,916,000
459,634,000
657,750,000
635,932,000
609,834,000
520,235,000
491,973,000
524,418,000
481,405,000
473,837,000
379,876,000
303,930,000
371,830,000
273,166,000
174,312,000
Bank overdraft
Bank loan
Trade Creditors
32,543,000
29,363,000
30,375,000
31,798,000
25,257,000
23,452,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
404,845,000
407,319,000
375,485,000
25,630,000
23,112,000
22,516,000
22,516,000
28,026,000
48,183,000
31,372,000
total current liabilities
404,845,000
407,319,000
408,028,000
25,630,000
29,363,000
30,375,000
31,798,000
25,257,000
23,452,000
23,112,000
22,516,000
22,516,000
28,026,000
48,183,000
31,372,000
loans
370,085,000
356,985,000
350,185,000
322,585,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
756,000
700,000
307,000
376,187,000
376,256,000
376,545,000
428,000
918,000
376,604,000
375,485,000
370,085,000
provisions
195,900,000
213,550,000
312,450,000
231,648,000
197,098,000
166,192,000
906,690,000
923,486,000
163,836,000
179,600,000
151,892,000
total long term liabilities
98,706,000
107,475,000
156,532,000
492,011,000
474,805,000
459,641,000
453,773,000
462,661,000
458,522,000
465,285,000
446,031,000
370,085,000
356,985,000
350,185,000
322,585,000
total liabilities
503,551,000
514,794,000
564,560,000
517,641,000
504,168,000
490,016,000
485,571,000
487,918,000
481,974,000
488,397,000
468,547,000
392,601,000
385,011,000
398,368,000
353,957,000
net assets
-81,635,000
-55,160,000
93,190,000
118,291,000
105,666,000
30,219,000
6,402,000
36,500,000
-569,000
-14,560,000
-88,671,000
-88,671,000
-13,181,000
-125,202,000
-179,645,000
total shareholders funds
-81,635,000
-55,160,000
93,190,000
118,291,000
105,666,000
30,219,000
6,402,000
36,500,000
-569,000
-14,560,000
-88,671,000
-88,671,000
-13,181,000
-125,202,000
-179,645,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-12,900,000
-12,500,000
-12,400,000
-13,600,000
-10,300,000
-16,300,000
-9,600,000
-9,300,000
-9,200,000
-10,200,000
-10,700,000
-9,000,000
-8,900,000
-8,500,000
-7,600,000
Depreciation
Amortisation
Tax
-1,926,000
325,000
-14,124,000
-4,601,000
-476,000
918,000
-888,000
3,934,000
9,129,000
-340,000
-12,012,000
7,528,000
8,870,000
20,044,000
-280,000
Stock
Debtors
-37,718,000
-198,116,000
21,818,000
26,098,000
578,399,000
-792,000
6,051,000
1,604,000
-265,000
-24,839,000
-6,404,000
-18,380,000
41,340,000
33,120,000
Creditors
-32,543,000
32,543,000
-29,363,000
-1,012,000
-1,423,000
6,541,000
1,805,000
23,452,000
Accruals and Deferred Income
-2,474,000
31,834,000
349,855,000
25,630,000
-23,112,000
596,000
-5,510,000
-20,157,000
16,811,000
31,372,000
Deferred Taxes & Provisions
-17,650,000
-98,900,000
80,802,000
34,550,000
30,906,000
-740,498,000
-16,796,000
759,650,000
-15,764,000
27,708,000
151,892,000
Cash flow from operations
2,768,000
86,332,000
414,858,000
-13,482,000
-559,281,000
-756,511,000
-26,794,000
754,485,000
-15,230,000
42,603,000
129,180,000
-578,000
-1,807,000
-12,985,000
-9,628,000
Investing Activities
capital expenditure
35,244,000
822,307,000
-30,205,000
-59,731,000
-670,311,000
-31,432,000
38,991,000
-41,200,000
-7,219,000
-118,800,000
-330,200,000
Change in Investments
-488,800,000
488,800,000
-254,254,000
-61,496,000
117,044,000
57,514,000
141,192,000
cash flow from investments
35,244,000
822,307,000
-30,205,000
-59,731,000
-181,511,000
-520,232,000
38,991,000
-41,200,000
-7,219,000
-118,800,000
-75,946,000
61,496,000
-117,044,000
-57,514,000
-141,192,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-370,085,000
13,100,000
6,800,000
27,600,000
322,585,000
Hire Purchase and Lease Commitments
other long term liabilities
56,000
393,000
-375,880,000
-69,000
-289,000
376,117,000
-490,000
-375,686,000
1,119,000
5,400,000
370,085,000
share issue
-32,249,000
-147,375,000
-7,977,000
19,326,000
73,123,000
30,045,000
-32,514,000
25,126,000
-2,447,000
72,746,000
7,912,000
-77,039,000
98,938,000
28,395,000
-180,366,000
interest
12,000
4,000
9,000
9,000
5,000
21,000
13,000
4,000
1,000
cash flow from financing
-32,193,000
-146,982,000
-383,857,000
19,257,000
72,834,000
406,174,000
-33,000,000
-350,551,000
-1,319,000
78,151,000
7,912,000
-63,918,000
105,751,000
55,999,000
142,220,000
cash and cash equivalents
cash
-1,746,000
4,000
9,000
1,733,000
overdraft
change in cash
-1,746,000
4,000
9,000
1,733,000
ing services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ing services limited. Get real-time insights into ing services limited's credit score, group structure and payment trends.
Perform a competitor analysis for ing services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC2R area or any other competitors across 12 key performance metrics.
ing services limited Ownership
ING SERVICES LIMITED group structure
Ing Services Limited has no subsidiary companies.
Ultimate parent company
ING SERVICES LIMITED
01089211
ING SERVICES LIMITED Shareholders
The sole shareholder of Ing Services Limited is Ing Intermediate Holdings Ltd.
ing intermediate holdings ltd
100%
ing services limited directors
Ing Services Limited currently has 4 directors.
The longest serving directors include
Mr Greg Richardson (Feb 2010) and
Mr Adrian Marsh (May 2019).
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 ing services limited.
ing services 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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ing services limitedCompanies House Filings - See Documents
