ips group limited
ips group limited Company Information
Company Number
01736684
Next Accounts
Sep 2025
Shareholders
ips holdings ltd
Group Structure
View All
Industry
Temporary employment agency activities
+1Registered Address
bevis marks house, 24-26 bevis marks, london, EC3A 7JB
Website
www.ipsgroup.co.ukips group limited Estimated Valuation
Pomanda estimates the enterprise value of IPS GROUP LIMITED at £2.1m based on a Turnover of £9.7m and 0.22x industry multiple (adjusted for size and gross margin).
ips group limited Estimated Valuation
Pomanda estimates the enterprise value of IPS GROUP LIMITED at £1.6m based on an EBITDA of £463.9k and a 3.47x industry multiple (adjusted for size and gross margin).
ips group limited Estimated Valuation
Pomanda estimates the enterprise value of IPS GROUP LIMITED at £4.9m based on Net Assets of £3.2m and 1.56x industry multiple (adjusted for liquidity).
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Ips Group Limited Overview
Ips Group Limited is a live company located in london, EC3A 7JB with a Companies House number of 01736684. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 1983, it's largest shareholder is ips holdings ltd with a 100% stake. Ips Group Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.7m with declining growth in recent years.
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Ips Group Limited Health Check
Pomanda's financial health check has awarded Ips Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £9.7m, make it smaller than the average company (£13.8m)
- Ips Group Limited
£13.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.4%)
- Ips Group Limited
6.4% - Industry AVG
Production
with a gross margin of 21.6%, this company has a comparable cost of product (21.6%)
- Ips Group Limited
21.6% - Industry AVG
Profitability
an operating margin of 4.5% make it more profitable than the average company (3.2%)
- Ips Group Limited
3.2% - Industry AVG
Employees
with 48 employees, this is similar to the industry average (51)
48 - Ips Group Limited
51 - Industry AVG
Pay Structure
on an average salary of £54.9k, the company has an equivalent pay structure (£54.9k)
- Ips Group Limited
£54.9k - Industry AVG
Efficiency
resulting in sales per employee of £202k, this is equally as efficient (£218.1k)
- Ips Group Limited
£218.1k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (45 days)
- Ips Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is slower than average (7 days)
- Ips Group Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ips Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (8 weeks)
71 weeks - Ips Group Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (69.1%)
32.2% - Ips Group Limited
69.1% - Industry AVG
IPS GROUP LIMITED financials
Ips Group Limited's latest turnover from December 2023 is estimated at £9.7 million and the company has net assets of £3.2 million. According to their latest financial statements, Ips Group Limited has 48 employees and maintains cash reserves of £2.1 million 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 | 7,280,057 | 7,232,210 | 7,846,942 | 9,179,832 | 9,057,641 | 8,415,867 | 8,719,991 | 9,836,711 | 9,191,570 | 8,039,196 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 2,478,229 | 2,953,287 | 2,914,548 | 3,398,515 | 2,942,745 | 2,822,661 | 3,539,954 | 3,905,712 | 3,196,984 | 2,508,543 | |||||
| Gross Profit | 4,801,828 | 4,278,923 | 4,932,394 | 5,781,317 | 6,114,896 | 5,593,206 | 5,180,037 | 5,930,999 | 5,994,586 | 5,530,653 | |||||
| Admin Expenses | 4,640,827 | 4,485,433 | 5,286,417 | 5,561,100 | 5,393,658 | 5,180,736 | 5,101,593 | 5,452,480 | 5,288,932 | 5,425,127 | |||||
| Operating Profit | 161,001 | -206,510 | -354,023 | 220,217 | 721,238 | 412,470 | 78,444 | 478,519 | 705,654 | 105,526 | |||||
| Interest Payable | 0 | 2,169 | 0 | 0 | 0 | 312 | 2,121 | 0 | 0 | 1,644 | |||||
| Interest Receivable | 109 | 0 | 48 | 244 | 45,403 | 295 | 292 | 739 | 1,181 | 12,302 | |||||
| Pre-Tax Profit | 161,110 | -208,679 | -353,975 | 220,461 | 766,641 | 412,453 | 76,615 | 479,258 | 706,835 | 116,184 | |||||
| Tax | -25,791 | 1,646 | 59,802 | -57,936 | -206,290 | -110,607 | -24,116 | -160,279 | -185,217 | -29,828 | |||||
| Profit After Tax | 135,319 | -207,033 | -294,173 | 162,525 | 560,351 | 301,846 | 52,499 | 318,979 | 521,618 | 86,356 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 750,000 | 0 | 0 | 350,000 | 500,000 | 0 | |||||
| Retained Profit | 135,319 | -207,033 | -294,173 | 162,525 | -189,649 | 301,846 | 52,499 | -31,021 | 21,618 | 86,356 | |||||
| Employee Costs | 4,009,537 | 3,926,876 | 3,981,809 | 3,243,093 | 2,990,563 | 3,194,822 | 3,246,322 | 3,239,999 | |||||||
| Number Of Employees | 48 | 42 | 41 | 44 | 49 | 52 | 58 | 68 | 64 | 62 | 61 | 53 | 52 | 48 | 53 |
| EBITDA* | 202,933 | -158,192 | -304,149 | 260,298 | 747,214 | 427,280 | 102,788 | 511,376 | 749,424 | 176,006 |
* 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 | 22,906 | 37,984 | 66,037 | 94,524 | 127,329 | 137,107 | 175,333 | 223,252 | 270,886 | 246,657 | 19,883 | 32,372 | 33,864 | 43,168 | 74,948 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 9,353 | 9,353 | 9,353 | 393,659 | 393,659 | 393,659 | 393,660 | 393,659 | 393,659 | 393,659 | 393,659 | 379,362 | 379,362 | 379,362 | 379,362 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 32,259 | 47,337 | 75,390 | 488,183 | 520,988 | 530,766 | 568,993 | 616,911 | 664,545 | 640,316 | 413,542 | 411,734 | 413,226 | 422,530 | 454,310 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 798,140 | 1,480,040 | 1,282,576 | 533,432 | 582,559 | 835,585 | 531,043 | 721,321 | 1,043,145 | 815,411 | 820,785 | 598,445 | 758,000 | 887,153 | 523,066 |
| Group Debtors | 1,471,126 | 1,441,985 | 1,619,762 | 1,600,767 | 1,556,821 | 1,731,273 | 1,800,380 | 1,946,506 | 1,983,984 | 1,329,411 | 1,780,101 | 1,462,511 | 1,356,899 | 1,065,605 | 914,509 |
| Misc Debtors | 308,003 | 255,011 | 291,015 | 358,054 | 221,883 | 334,306 | 350,691 | 239,958 | 137,266 | 200,507 | 189,672 | 173,827 | 206,868 | 226,276 | 205,930 |
| Cash | 2,069,758 | 1,677,254 | 1,015,971 | 905,945 | 537,805 | 493,141 | 287,449 | 246,218 | 392,385 | 970,481 | 713,946 | 693,422 | 585,456 | 928,618 | 1,466,730 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,083 | 250,083 | 250,083 | 250,083 | 0 |
| total current assets | 4,647,027 | 4,854,290 | 4,209,324 | 3,398,198 | 2,899,068 | 3,394,305 | 2,969,563 | 3,154,003 | 3,556,780 | 3,315,810 | 3,754,587 | 3,178,288 | 3,157,306 | 3,357,735 | 3,110,235 |
| total assets | 4,679,286 | 4,901,627 | 4,284,714 | 3,886,381 | 3,420,056 | 3,925,071 | 3,538,556 | 3,770,914 | 4,221,325 | 3,956,126 | 4,168,129 | 3,590,022 | 3,570,532 | 3,780,265 | 3,564,545 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 401,160 | 687,609 | 758,568 | 624,487 | 319,676 | 354,266 | 159,674 | 259,265 | 261,159 | 147,648 | 240,288 | 202,269 | 184,489 | 174,591 | 232,326 |
| Group/Directors Accounts | 209,286 | 257,583 | 282,376 | 565,189 | 431,468 | 431,468 | 446,274 | 580,512 | 464,444 | 391,580 | 381,509 | 375,100 | 370,105 | 370,105 | 370,105 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 897,244 | 1,181,742 | 949,051 | 814,626 | 573,205 | 688,725 | 625,256 | 423,216 | 703,931 | 813,002 | 782,536 | 590,075 | 645,859 | 872,108 | 620,271 |
| total current liabilities | 1,507,690 | 2,126,934 | 1,989,995 | 2,004,302 | 1,324,349 | 1,474,459 | 1,231,204 | 1,262,993 | 1,429,534 | 1,352,230 | 1,404,333 | 1,167,444 | 1,200,453 | 1,416,804 | 1,222,702 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 4,274 | 10,799 | 13,686 | 17,257 | 3,455 | 3,455 | 5,101 | 4,939 | 6,967 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 4,274 | 10,799 | 13,686 | 17,257 | 3,455 | 3,455 | 5,101 | 4,939 | 6,967 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,507,690 | 2,131,208 | 2,000,794 | 2,017,988 | 1,341,606 | 1,477,914 | 1,234,659 | 1,268,094 | 1,434,473 | 1,359,197 | 1,404,333 | 1,167,444 | 1,200,453 | 1,416,804 | 1,222,702 |
| net assets | 3,171,596 | 2,770,419 | 2,283,920 | 1,868,393 | 2,078,450 | 2,447,157 | 2,303,897 | 2,502,820 | 2,786,852 | 2,596,929 | 2,763,796 | 2,422,578 | 2,370,079 | 2,363,461 | 2,341,843 |
| total shareholders funds | 3,171,596 | 2,770,419 | 2,283,920 | 1,868,393 | 2,078,450 | 2,447,157 | 2,303,897 | 2,502,820 | 2,786,852 | 2,596,929 | 2,763,796 | 2,422,578 | 2,370,079 | 2,363,461 | 2,341,843 |
| 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 | 161,001 | -206,510 | -354,023 | 220,217 | 721,238 | 412,470 | 78,444 | 478,519 | 705,654 | 105,526 | |||||
| Depreciation | 27,351 | 31,843 | 32,712 | 32,805 | 37,677 | 41,932 | 48,318 | 49,874 | 40,081 | 25,976 | 14,810 | 24,344 | 32,857 | 43,770 | 70,480 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -25,791 | 1,646 | 59,802 | -57,936 | -206,290 | -110,607 | -24,116 | -160,279 | -185,217 | -29,828 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -599,767 | -16,317 | 701,100 | 130,990 | -539,901 | 219,050 | -225,671 | -256,610 | 819,066 | -445,229 | 555,775 | -86,984 | 142,733 | 535,529 | 1,643,505 |
| Creditors | -286,449 | -70,959 | 134,081 | 304,811 | -34,590 | 194,592 | -99,591 | -1,894 | 113,511 | -92,640 | 38,019 | 17,780 | 9,898 | -57,735 | 232,326 |
| Accruals and Deferred Income | -284,498 | 232,691 | 134,425 | 241,421 | -115,520 | 63,469 | 202,040 | -280,715 | -109,071 | 30,466 | 192,461 | -55,784 | -226,249 | 251,837 | 620,271 |
| Deferred Taxes & Provisions | -4,274 | -6,525 | -2,887 | -3,571 | 13,802 | 0 | -1,646 | 162 | -2,028 | 6,967 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 216,153 | 169,928 | -270,184 | -614,292 | 930,946 | -8,622 | 127,652 | -7,987 | 222,780 | -644,730 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | -384,306 | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 14,297 | 0 | 0 | 0 | 379,362 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -48,297 | -24,793 | -282,813 | 133,721 | 0 | -14,806 | -134,238 | 116,068 | 72,864 | 10,071 | 6,409 | 4,995 | 0 | 0 | 370,105 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 109 | -2,169 | 48 | 244 | 45,403 | -17 | -1,829 | 739 | 1,181 | 10,658 | |||||
| cash flow from financing | -6,756 | -128,297 | 126,257 | 100,506 | 78,256 | 45,764 | 3,166 | 38,378 | 1,181 | 2,636,250 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 392,504 | 661,283 | 110,026 | 368,140 | 44,664 | 205,692 | 41,231 | -146,167 | -578,096 | 256,535 | 20,524 | 107,966 | -343,162 | -538,112 | 1,466,730 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 392,504 | 661,283 | 110,026 | 368,140 | 44,664 | 205,692 | 41,231 | -146,167 | -578,096 | 256,535 | 20,524 | 107,966 | -343,162 | -538,112 | 1,466,730 |
ips group limited Credit Report and Business Information
Ips Group Limited Competitor Analysis
Perform a competitor analysis for ips group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC3A area or any other competitors across 12 key performance metrics.
ips group limited Ownership
IPS GROUP LIMITED group structure
Ips Group Limited has 8 subsidiary companies.
Ultimate parent company
1 parent
IPS GROUP LIMITED
01736684
8 subsidiaries
ips group limited directors
Ips Group Limited currently has 5 directors. The longest serving directors include Mr Anthony Chitnis (Mar 1991) and Mr Christopher Dickman (Jun 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Chitnis | 60 years | Mar 1991 | - | Director | |
| Mr Christopher Dickman | England | 58 years | Jun 1993 | - | Director |
| Mr Andrew Gartside | England | 60 years | Jan 1999 | - | Director |
| Ms Dana Hill | 43 years | Jan 2019 | - | Director | |
| Mr Richard Ballard | 49 years | Jan 2019 | - | Director |
P&L
December 2023turnover
9.7m
-30%
operating profit
436.5k
0%
gross margin
21.7%
-2.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.2m
+0.14%
total assets
4.7m
-0.05%
cash
2.1m
+0.23%
net assets
Total assets minus all liabilities
ips group limited company details
company number
01736684
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
July 1983
age
42
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
i.p.s. group of companies limited (April 1988)
ticketbuild limited (August 1983)
accountant
AZETS AUDIT SERVICES
auditor
-
address
bevis marks house, 24-26 bevis marks, london, EC3A 7JB
Bank
-
Legal Advisor
-
ips group 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 8 charges/mortgages relating to ips group limited. Currently there are 0 open charges and 8 have been satisfied in the past.
ips group 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.
Click to start generating capital raising & share issue transactions for IPS GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
ips group limited Companies House Filings - See Documents
| date | description | view/download |
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