ppd global ltd

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ppd global ltd Company Information

Share PPD GLOBAL LTD
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MatureMegaHigh

Company Number

01564604

Registered Address

granta park, great abington, cambridge, cambridgeshire, CB21 6GQ

Industry

Other research and experimental development on natural sciences and engineering

 

Telephone

01223374100

Next Accounts Due

September 2024

Group Structure

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Directors

Alison Starr0 Years

Henry Gerock0 Years

Shareholders

ppd uk holdings limited 100%

ppd global ltd Estimated Valuation

£2.6b

Pomanda estimates the enterprise value of PPD GLOBAL LTD at £2.6b based on a Turnover of £1.7b and 1.49x industry multiple (adjusted for size and gross margin).

ppd global ltd Estimated Valuation

£2.7b

Pomanda estimates the enterprise value of PPD GLOBAL LTD at £2.7b based on an EBITDA of £364.3m and a 7.44x industry multiple (adjusted for size and gross margin).

ppd global ltd Estimated Valuation

£1.8b

Pomanda estimates the enterprise value of PPD GLOBAL LTD at £1.8b based on Net Assets of £808.9m and 2.24x industry multiple (adjusted for liquidity).

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Ppd Global Ltd Overview

Ppd Global Ltd is a live company located in cambridge, CB21 6GQ with a Companies House number of 01564604. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in May 1981, it's largest shareholder is ppd uk holdings limited with a 100% stake. Ppd Global Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £1.7b with high growth in recent years.

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Ppd Global Ltd Health Check

Pomanda's financial health check has awarded Ppd Global Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.7b, make it larger than the average company (£4.4m)

£1.7b - Ppd Global Ltd

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.8%)

17% - Ppd Global Ltd

3.8% - Industry AVG

production

Production

with a gross margin of 22.6%, this company has a higher cost of product (47%)

22.6% - Ppd Global Ltd

47% - Industry AVG

profitability

Profitability

an operating margin of 20.8% make it more profitable than the average company (4.6%)

20.8% - Ppd Global Ltd

4.6% - Industry AVG

employees

Employees

with 2174 employees, this is above the industry average (48)

2174 - Ppd Global Ltd

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.6k, the company has an equivalent pay structure (£60.5k)

£72.6k - Ppd Global Ltd

£60.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £800k, this is more efficient (£107.2k)

£800k - Ppd Global Ltd

£107.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 203 days, this is later than average (53 days)

203 days - Ppd Global Ltd

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 160 days, this is slower than average (48 days)

160 days - Ppd Global Ltd

48 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ppd Global Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 31 weeks, this is average cash available to meet short term requirements (36 weeks)

31 weeks - Ppd Global Ltd

36 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.2%, this is a higher level of debt than the average (44.4%)

56.2% - Ppd Global Ltd

44.4% - Industry AVG

ppd global ltd 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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Ppd Global Ltd Competitor Analysis

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Perform a competitor analysis for ppd global ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ppd global ltd Ownership

PPD GLOBAL LTD group structure

Ppd Global Ltd has 2 subsidiary companies.

PPD GLOBAL LTD Shareholders

ppd uk holdings limited 100%

ppd global ltd directors

Ppd Global Ltd currently has 2 directors. The longest serving directors include Ms Alison Starr (Dec 2023) and Mr Henry Gerock (Mar 2024).

officercountryagestartendrole
Ms Alison StarrUnited Kingdom47 years Dec 2023- Director
Mr Henry GerockUnited States49 years Mar 2024- Director

PPD GLOBAL LTD financials

EXPORTms excel logo

Ppd Global Ltd's latest turnover from December 2022 is £1.7 billion and the company has net assets of £808.9 million. According to their latest financial statements, Ppd Global Ltd has 2,174 employees and maintains cash reserves of £615 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,739,163,4331,522,193,0781,236,267,0001,088,402,000469,164,000417,755,000323,008,000217,519,000202,203,000192,992,000219,493,000164,939,000130,246,000151,035,000
Other Income Or Grants00000000000000
Cost Of Sales1,346,371,2561,177,006,829864,870,000755,209,000208,119,000202,734,000135,922,00099,001,000103,646,000101,370,000115,575,00085,653,00056,771,00067,643,000
Gross Profit392,792,178345,186,249371,397,000333,193,000261,045,000215,021,000187,086,000118,518,00098,557,00091,622,000103,918,00079,286,00073,475,00083,392,000
Admin Expenses30,148,22382,398,72894,430,00085,108,00058,456,000113,690,00071,467,00028,097,71025,882,92253,665,00056,067,00058,711,00039,937,00042,507,000
Operating Profit362,643,955262,787,521276,967,000248,085,000202,589,000101,331,000115,619,00090,420,29072,674,07837,957,00047,851,00020,575,00033,538,00040,885,000
Interest Payable654,1982,772,0013,864,0003,854,0004,803,0005,004,0004,616,0004,505,0004,371,000259,00093,000612,000408,0002,352,000
Interest Receivable10,246,0031,476,7961,694,0004,659,0002,178,0002,135,0003,593,0005,640,0003,917,0003,460,0001,574,0001,724,000534,0001,853,000
Pre-Tax Profit372,389,415261,509,390274,832,000248,994,000199,822,00098,016,000114,470,00066,791,00055,528,00040,828,00048,878,00021,479,00033,160,00040,386,000
Tax3,845,258-41,001,086-31,080,000-26,758,000-30,069,000-6,563,000-61,0001,057,000-315,0001,257,0001,021,000-2,779,000-6,811,000-7,060,000
Profit After Tax376,234,673220,508,304243,752,000222,236,000169,753,00091,453,000114,409,00067,848,00055,213,00042,085,00049,899,00018,700,00026,349,00033,326,000
Dividends Paid0194,009,00265,518,000279,058,000121,882,00031,128,000187,810,0005,106,0000133,764,0000000
Retained Profit376,234,67326,499,302178,234,000-56,822,00047,871,00060,325,000-73,401,00062,742,00055,213,000-91,679,00049,899,00018,700,00026,349,00033,326,000
Employee Costs157,791,402164,760,205108,493,000101,722,00092,924,000106,964,00082,346,00070,348,00070,350,00066,248,00060,362,00053,071,00046,783,00045,010,000
Number Of Employees2,1741,8441,6501,6221,5471,5081,4711,3051,2921,2901,2651,123964968
EBITDA*364,269,750264,058,668284,926,000265,520,000225,088,000113,589,000124,938,00092,751,29075,312,07841,193,00050,948,00024,158,00036,823,00045,318,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets11,367,37510,853,6398,512,0008,712,0009,093,0008,738,00010,462,00011,508,00011,568,00013,392,00014,693,00023,862,00025,334,00026,011,000
Intangible Assets0006,050,00021,693,00024,550,0006,870,0000000000
Investments & Other288,6867761,0001,0001,0001,0001,0001,0001,421,0001,0001,0001,0001,0001,000
Debtors (Due After 1 year)2,636,9702,267,577941,00017,073,00016,327,00012,202,00010,951,0008,976,0001,163,000915,000695,000477,0006,148,0002,565,000
Total Fixed Assets14,293,03113,121,9939,454,00031,836,00047,114,00045,491,00028,284,00020,485,00014,152,00014,308,00015,389,00024,340,00031,483,00028,577,000
Stock & work in progress00000000000000
Trade Debtors969,606,550771,341,766674,329,000377,874,000356,980,000280,871,000254,759,000198,240,000140,293,000119,429,000130,272,00093,697,00075,567,00069,308,000
Group Debtors170,587,459374,565,419275,541,000335,728,000425,110,000280,749,000270,818,000282,033,000240,105,000203,658,000181,314,000134,395,000120,325,00092,709,000
Misc Debtors75,567,28265,893,99341,833,00029,944,00039,553,00033,304,00023,781,00018,143,00014,847,0007,414,00010,085,0007,914,0005,528,00010,252,000
Cash615,033,37096,397,641129,474,00072,836,00052,229,000137,420,00068,027,00060,766,00029,463,00021,226,00021,345,00030,527,00039,031,00040,010,000
misc current assets00000000000000
total current assets1,830,794,6611,308,198,8201,121,177,000816,382,000873,872,000732,344,000617,385,000559,182,000424,708,000351,727,000343,016,000266,533,000240,451,000212,279,000
total assets1,845,087,6921,321,320,8131,130,631,000848,218,000920,986,000777,835,000645,669,000579,667,000438,860,000366,035,000358,405,000290,873,000271,934,000240,856,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 592,888,406536,782,55514,100,0009,247,000133,028,000118,515,00070,222,00047,158,000124,774,0004,434,00083,099,0003,465,0002,024,0003,299,000
Group/Directors Accounts247,857,365178,695,483222,346,000163,876,000171,386,00078,212,000114,782,00090,859,00051,681,000121,989,00021,066,00019,629,00040,646,00043,620,000
other short term finances00000000000000
hp & lease commitments034,92118,00023,00050,00050,00041,00039,00028,00000000
other current liabilities189,324,072173,186,403523,565,000481,617,000366,107,000267,660,000236,979,000139,776,00025,487,000137,639,00057,691,000118,586,00096,955,00089,194,000
total current liabilities1,030,069,843888,699,364760,029,000654,763,000670,571,000464,437,000422,024,000277,832,000201,970,000264,062,000161,856,000141,680,000139,625,000136,113,000
loans00000113,613,00094,310,00089,998,00089,567,00000000
hp & lease commitments0000046,00044,00054,000125,00000000
Accruals and Deferred Income001,212,0001,378,0001,459,0001,255,0001,274,0001,320,0001,416,0001,446,0001,636,0001,867,0002,384,000478,000
other liabilities02,339,748000000000000
provisions1,097,3141,167,934405,000359,000277,00000002,965,0005,487,0006,179,0005,419,0004,947,000
total long term liabilities6,081,7943,507,6831,617,0001,737,0001,736,000114,914,00095,628,00091,372,00091,108,0005,428,00012,115,00015,523,00012,875,00012,356,000
total liabilities1,036,151,637892,207,046761,646,000656,500,000672,307,000579,351,000517,652,000369,204,000293,078,000269,490,000173,971,000157,203,000152,500,000148,469,000
net assets808,936,055429,113,767368,985,000191,718,000248,679,000198,484,000128,017,000210,463,000145,782,00096,545,000184,434,000133,670,000119,434,00092,387,000
total shareholders funds808,936,055429,113,767368,985,000191,718,000248,679,000198,484,000128,017,000210,463,000145,782,00096,545,000184,434,000133,670,000119,434,00092,387,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit362,643,955262,787,521276,967,000248,085,000202,589,000101,331,000115,619,00090,420,29072,674,07837,957,00047,851,00020,575,00033,538,00040,885,000
Depreciation1,625,7951,271,1471,909,0001,792,0001,494,0001,512,0001,824,0002,331,0002,638,0003,236,0003,097,0003,583,0003,285,0004,433,000
Amortisation006,050,00015,643,00021,005,00010,746,0007,495,0000000000
Tax3,845,258-41,001,086-31,080,000-26,758,000-30,069,000-6,563,000-61,0001,057,000-315,0001,257,0001,021,000-2,779,000-6,811,000-7,060,000
Stock00000000000000
Debtors4,329,505221,424,756232,025,000-77,351,000230,844,00046,817,00052,917,000110,984,00064,992,0009,050,00085,883,00028,915,00032,734,000174,834,000
Creditors56,105,851522,682,5554,853,000-123,781,00014,513,00048,293,00023,064,000-77,616,000120,340,000-78,665,00079,634,0001,441,000-1,275,0003,299,000
Accruals and Deferred Income16,137,669-351,590,59741,782,000115,429,00098,651,00030,662,00097,157,000114,193,000-112,182,00079,758,000-61,126,00021,114,0009,667,00089,672,000
Deferred Taxes & Provisions-70,620762,93446,00082,000277,000000-2,965,000-2,522,000-692,000760,000472,0004,947,000
Cash flow from operations435,958,403173,487,71868,502,000307,843,00077,616,000139,164,000192,181,00019,401,29015,198,07831,971,000-16,098,00015,779,0006,142,000-38,658,000
Investing Activities
capital expenditure-2,139,531-3,612,78600-48,425,000194,000-15,192,000-2,271,000-814,000-1,935,0006,072,000-2,111,000-2,608,000-30,444,000
Change in Investments287,910-22400000-1,420,0001,420,00000001,000
cash flow from investments-2,427,441-3,612,56200-48,425,000194,000-15,192,000-851,000-2,234,000-1,935,0006,072,000-2,111,000-2,608,000-30,445,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts69,161,881-43,650,51758,470,000-7,510,00093,174,000-36,570,00023,923,00039,178,000-70,308,000100,923,0001,437,000-21,017,000-2,974,00043,620,000
Other Short Term Loans 00000000000000
Long term loans0000-113,613,00019,303,0004,312,000431,00089,567,00000000
Hire Purchase and Lease Commitments-34,92116,921-5,000-27,000-46,00011,000-8,000-60,000153,00000000
other long term liabilities-2,339,7482,339,748000000000000
share issue3,587,61533,629,465-967,000-139,0002,324,00010,142,000-9,045,0001,939,000-5,976,0003,790,000865,000-4,464,000698,00059,061,000
interest9,591,805-1,295,205-2,170,000805,000-2,625,000-2,869,000-1,023,0001,135,000-454,0003,201,0001,481,0001,112,000126,000-499,000
cash flow from financing79,966,632-8,959,58855,328,000-6,871,000-20,786,000-9,983,00018,159,00042,623,00012,982,000107,914,0003,783,000-24,369,000-2,150,000102,182,000
cash and cash equivalents
cash518,635,729-33,076,35956,638,00020,607,000-85,191,00069,393,0007,261,00031,303,0008,237,000-119,000-9,182,000-8,504,000-979,00040,010,000
overdraft00000000000000
change in cash518,635,729-33,076,35956,638,00020,607,000-85,191,00069,393,0007,261,00031,303,0008,237,000-119,000-9,182,000-8,504,000-979,00040,010,000

P&L

December 2022

turnover

1.7b

+14%

operating profit

362.6m

+38%

gross margin

22.6%

-0.4%

turnover

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

Balance Sheet

December 2022

net assets

808.9m

+0.89%

total assets

1.8b

+0.4%

cash

615m

+5.38%

net assets

Total assets minus all liabilities

ppd global ltd company details

company number

01564604

Type

Private limited with Share Capital

industry

72190 - Other research and experimental development on natural sciences and engineering

incorporation date

May 1981

age

43

accounts

Full Accounts

ultimate parent company

PPD INC

previous names

pharmaco international ltd (May 1999)

pharmaco uk limited (April 1996)

See more

incorporated

UK

address

granta park, great abington, cambridge, cambridgeshire, CB21 6GQ

last accounts submitted

December 2022

ppd global ltd 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 4 charges/mortgages relating to ppd global ltd. Currently there are 0 open charges and 4 have been satisfied in the past.

charges

ppd global ltd Companies House Filings - See Documents

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