broadridge financial solutions limited

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broadridge financial solutions limited Company Information

Share BROADRIDGE FINANCIAL SOLUTIONS LIMITED

Company Number

01870679

Directors

Thomas Carey

Laura Matlin

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Shareholders

broadridge financial solutions international limited

Group Structure

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Industry

Computer consultancy activities

 

Registered Address

12 arthur street, london, EC4R 9AB

broadridge financial solutions limited Estimated Valuation

£273.6m

Pomanda estimates the enterprise value of BROADRIDGE FINANCIAL SOLUTIONS LIMITED at £273.6m based on a Turnover of £175.6m and 1.56x industry multiple (adjusted for size and gross margin).

broadridge financial solutions limited Estimated Valuation

£209.1m

Pomanda estimates the enterprise value of BROADRIDGE FINANCIAL SOLUTIONS LIMITED at £209.1m based on an EBITDA of £18.7m and a 11.18x industry multiple (adjusted for size and gross margin).

broadridge financial solutions limited Estimated Valuation

£223.6m

Pomanda estimates the enterprise value of BROADRIDGE FINANCIAL SOLUTIONS LIMITED at £223.6m based on Net Assets of £95.9m and 2.33x industry multiple (adjusted for liquidity).

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Broadridge Financial Solutions Limited Overview

Broadridge Financial Solutions Limited is a live company located in london, EC4R 9AB with a Companies House number of 01870679. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 1984, it's largest shareholder is broadridge financial solutions international limited with a 100% stake. Broadridge Financial Solutions Limited is a mature, mega sized company, Pomanda has estimated its turnover at £175.6m with healthy growth in recent years.

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Broadridge Financial Solutions Limited Health Check

Pomanda's financial health check has awarded Broadridge Financial Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £175.6m, make it larger than the average company (£1.3m)

£175.6m - Broadridge Financial Solutions Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6%)

14% - Broadridge Financial Solutions Limited

6% - Industry AVG

production

Production

with a gross margin of 50.2%, this company has a comparable cost of product (48.7%)

50.2% - Broadridge Financial Solutions Limited

48.7% - Industry AVG

profitability

Profitability

an operating margin of -1.9% make it less profitable than the average company (6.8%)

-1.9% - Broadridge Financial Solutions Limited

6.8% - Industry AVG

employees

Employees

with 533 employees, this is above the industry average (13)

533 - Broadridge Financial Solutions Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £130.6k, the company has a higher pay structure (£57.1k)

£130.6k - Broadridge Financial Solutions Limited

£57.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £329.4k, this is more efficient (£126k)

£329.4k - Broadridge Financial Solutions Limited

£126k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is near the average (65 days)

61 days - Broadridge Financial Solutions Limited

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (29 days)

15 days - Broadridge Financial Solutions Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 64 days, this is more than average (12 days)

64 days - Broadridge Financial Solutions Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (18 weeks)

18 weeks - Broadridge Financial Solutions Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (58%)

52.1% - Broadridge Financial Solutions Limited

58% - Industry AVG

BROADRIDGE FINANCIAL SOLUTIONS LIMITED financials

EXPORTms excel logo

Broadridge Financial Solutions Limited's latest turnover from June 2023 is £175.6 million and the company has net assets of £95.9 million. According to their latest financial statements, Broadridge Financial Solutions Limited has 533 employees and maintains cash reserves of £24.7 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
Turnover175,568,000150,722,000139,218,000119,492,000100,559,00084,602,00070,797,00059,380,00049,901,00046,909,00039,378,00030,722,00021,613,00020,688,000
Other Income Or Grants00000000000000
Cost Of Sales87,376,00079,323,00055,660,00036,074,00025,250,00021,558,00017,729,00013,773,00010,459,0006,918,0004,978,0001,214,0001,048,0001,311,000
Gross Profit88,192,00071,399,00083,558,00083,418,00075,309,00063,044,00053,068,00045,607,00039,442,00039,991,00034,400,00029,508,00020,565,00019,377,000
Admin Expenses91,599,00081,174,00085,465,00081,792,00063,227,00056,772,00043,519,00043,478,00037,460,00035,642,00032,980,00026,480,00016,928,00015,944,000
Operating Profit-3,407,000-9,775,000-1,907,0001,626,00012,082,0006,272,0009,549,0002,129,0001,982,0004,349,0001,420,0003,028,0003,637,0003,433,000
Interest Payable1,286,000240,00047,00051,000294,000838,000456,00019,000150,000157,000202,000133,0009,0001,000
Interest Receivable641,00080,00074,000171,000331,000363,000285,000152,00082,00078,00087,000258,00015,00023,000
Pre-Tax Profit-4,052,000-9,935,000-1,880,000-6,268,0007,545,00012,267,0009,374,0003,064,0002,449,0004,270,000-5,416,0003,153,0003,643,0003,455,000
Tax568,000725,000-1,327,000-211,000-1,702,000-2,668,000-1,617,000-468,000-351,000-1,052,000-559,000-1,095,000-712,000-466,000
Profit After Tax-3,484,000-9,210,000-3,207,000-6,479,0005,843,0009,599,0007,757,0002,596,0002,098,0003,218,000-5,975,0002,058,0002,931,0002,989,000
Dividends Paid00000000000000
Retained Profit-3,484,000-9,210,000-3,207,000-6,479,0005,843,0009,599,0007,757,0002,596,0002,098,0003,218,000-5,975,0002,058,0002,931,0002,989,000
Employee Costs69,606,00063,938,00054,609,00047,959,00035,577,00029,791,00024,095,00024,521,00022,344,00020,368,00020,390,00018,390,00011,206,00011,631,000
Number Of Employees533563520456338281260257258249231221141264
EBITDA*18,695,000-4,748,0007,212,00019,750,00016,936,00011,425,00012,614,0004,976,0004,346,0006,430,0003,098,0004,614,0003,901,0003,679,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets428,000792,0001,099,0001,513,0001,596,000469,000454,000537,000635,000883,000489,000506,000630,000359,000
Intangible Assets75,557,00089,851,00098,619,00085,515,00064,457,00030,979,00014,528,00017,150,00017,975,00015,285,00011,460,00011,633,00012,925,0000
Investments & Other37,478,00025,325,00012,430,0003,832,00035,249,00036,801,00056,608,00032,821,0006,018,00020,307,00020,264,00026,985,00026,985,00026,735,000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets113,463,000115,968,000112,148,00090,860,000101,302,00068,249,00071,590,00050,508,00024,628,00036,475,00032,213,00039,124,00040,540,00027,094,000
Stock & work in progress15,366,00020,415,00019,913,00032,682,00020,871,00042,739,00030,479,00020,038,00015,505,0006,138,0001,638,000993,000847,000856,000
Trade Debtors29,741,00028,027,00017,602,00021,669,00016,808,0008,827,0004,876,0004,850,0004,585,0003,149,0002,925,0002,355,0001,752,0001,380,000
Group Debtors14,450,00014,564,0009,429,00012,438,00015,797,00012,570,00013,737,0009,522,0006,551,0003,465,0004,476,0006,513,00013,332,0001,981,000
Misc Debtors2,466,0004,304,0002,658,0002,377,0002,606,0007,168,0007,049,0004,536,0004,045,0003,768,0003,487,0002,232,0002,459,0002,325,000
Cash24,709,00014,943,00011,152,00015,588,00010,854,0008,258,0005,505,0007,464,00016,313,00018,189,00016,205,0009,536,0007,814,0009,262,000
misc current assets00000000000000
total current assets86,732,00082,253,00060,754,00084,754,00066,936,00079,562,00061,646,00046,410,00046,999,00034,709,00028,731,00021,629,00026,204,00015,804,000
total assets200,195,000198,221,000172,902,000175,614,000168,238,000147,811,000133,236,00096,918,00071,627,00071,184,00060,944,00060,753,00066,744,00042,898,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 3,656,0002,950,0002,357,0001,789,0002,245,0002,319,0001,639,0001,098,0001,312,0001,357,000908,000603,000628,00096,000
Group/Directors Accounts26,964,00032,119,0007,882,00010,085,0009,570,00016,927,00040,489,00019,421,0001,493,0001,617,0001,314,000439,0007,541,000713,000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities39,550,00042,923,00037,799,00042,790,00026,182,00027,828,00029,049,00023,929,00022,621,00017,604,00012,829,0008,869,0008,565,0005,975,000
total current liabilities70,170,00077,992,00048,038,00054,664,00037,997,00047,074,00071,177,00044,448,00025,426,00020,578,00015,051,0009,911,00016,734,0006,784,000
loans00000000013,804,00014,225,00014,103,00015,740,0005,200,000
hp & lease commitments00000000000000
Accruals and Deferred Income33,810,00028,786,00032,984,00029,333,00025,098,00022,748,00010,288,0009,412,0006,880,000958,0000000
other liabilities00000000000000
provisions290,000241,000305,000148,00056,000851,0001,142,0001,402,0001,379,0001,368,0001,349,0001,160,0001,351,0001,128,000
total long term liabilities34,100,00029,027,00033,289,00029,481,00025,154,00023,599,00011,430,00010,814,0008,259,00016,130,00015,574,00015,263,00017,091,0006,328,000
total liabilities104,270,000107,019,00081,327,00084,145,00063,151,00070,673,00082,607,00055,262,00033,685,00036,708,00030,625,00025,174,00033,825,00013,112,000
net assets95,925,00091,202,00091,575,00091,469,000105,087,00077,138,00050,629,00041,656,00037,942,00034,476,00030,319,00035,579,00032,919,00029,786,000
total shareholders funds95,925,00091,202,00091,575,00091,469,000105,087,00077,138,00050,629,00041,656,00037,942,00034,476,00030,319,00035,579,00032,919,00029,786,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-3,407,000-9,775,000-1,907,0001,626,00012,082,0006,272,0009,549,0002,129,0001,982,0004,349,0001,420,0003,028,0003,637,0003,433,000
Depreciation364,000431,000444,000541,000280,000245,000349,000311,000380,000314,000261,000294,000264,000246,000
Amortisation21,738,0004,596,0008,675,00017,583,0004,574,0004,908,0002,716,0002,536,0001,984,0001,767,0001,417,0001,292,00000
Tax568,000725,000-1,327,000-211,000-1,702,000-2,668,000-1,617,000-468,000-351,000-1,052,000-559,000-1,095,000-712,000-466,000
Stock-5,049,000502,000-12,769,00011,811,000-21,868,00012,260,00010,441,0004,533,0009,367,0004,500,000645,000146,000-9,000856,000
Debtors-238,00017,206,000-6,795,0001,273,0006,646,0002,903,0006,754,0003,727,0004,799,000-506,000-212,000-6,443,00011,857,0005,686,000
Creditors706,000593,000568,000-456,000-74,000680,000541,000-214,000-45,000449,000305,000-25,000532,00096,000
Accruals and Deferred Income1,651,000926,000-1,340,00020,843,000704,00011,239,0005,996,0003,840,00010,939,0005,733,0003,960,000304,0002,590,0005,975,000
Deferred Taxes & Provisions49,000-64,000157,00092,000-795,000-291,000-260,00023,00011,00019,000189,000-191,000223,0001,128,000
Cash flow from operations26,956,000-20,276,00024,834,00026,934,00030,291,0005,222,00079,000-103,000734,0007,585,0006,560,0009,904,000-5,314,0003,870,000
Investing Activities
capital expenditure-7,444,0004,048,000-21,809,000-39,099,000-39,459,000-21,619,000-360,000-1,924,000-4,806,000-6,300,000-1,488,000-170,000-13,460,000-605,000
Change in Investments12,153,00012,895,0008,598,000-31,417,000-1,552,000-19,807,00023,787,00026,803,000-14,289,00043,000-6,721,0000250,00026,735,000
cash flow from investments-19,597,000-8,847,000-30,407,000-7,682,000-37,907,000-1,812,000-24,147,000-28,727,0009,483,000-6,343,0005,233,000-170,000-13,710,000-27,340,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-5,155,00024,237,000-2,203,000515,000-7,357,000-23,562,00021,068,00017,928,000-124,000303,000875,000-7,102,0006,828,000713,000
Other Short Term Loans 00000000000000
Long term loans00000000-13,804,000-421,000122,000-1,637,00010,540,0005,200,000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue8,207,0008,837,0003,313,000-7,139,00022,106,00016,910,0001,216,0001,118,0001,368,000939,000715,000602,000202,00026,797,000
interest-645,000-160,00027,000120,00037,000-475,000-171,000133,000-68,000-79,000-115,000125,0006,00022,000
cash flow from financing2,407,00032,914,0001,137,000-6,504,00014,786,000-7,127,00022,113,00019,179,000-12,628,000742,0001,597,000-8,012,00017,576,00032,732,000
cash and cash equivalents
cash9,766,0003,791,000-4,436,0004,734,0002,596,0002,753,000-1,959,000-8,849,000-1,876,0001,984,0006,669,0001,722,000-1,448,0009,262,000
overdraft00000000000000
change in cash9,766,0003,791,000-4,436,0004,734,0002,596,0002,753,000-1,959,000-8,849,000-1,876,0001,984,0006,669,0001,722,000-1,448,0009,262,000

broadridge financial solutions 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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Broadridge Financial Solutions Limited Competitor Analysis

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Perform a competitor analysis for broadridge financial solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in EC4R area or any other competitors across 12 key performance metrics.

broadridge financial solutions limited Ownership

BROADRIDGE FINANCIAL SOLUTIONS LIMITED group structure

Broadridge Financial Solutions Limited has 3 subsidiary companies.

Ultimate parent company

BROADRIDGE FINANCIAL SOLUTIONS INC

#0058072

2 parents

BROADRIDGE FINANCIAL SOLUTIONS LIMITED

01870679

3 subsidiaries

BROADRIDGE FINANCIAL SOLUTIONS LIMITED Shareholders

broadridge financial solutions international limited 100%

broadridge financial solutions limited directors

Broadridge Financial Solutions Limited currently has 3 directors. The longest serving directors include Mr Thomas Carey (Jul 2009) and Ms Laura Matlin (Jul 2021).

officercountryagestartendrole
Mr Thomas CareyEngland53 years Jul 2009- Director
Ms Laura MatlinEngland65 years Jul 2021- Director
Mr Jonathan CampionEngland44 years Jan 2025- Director

P&L

June 2023

turnover

175.6m

+16%

operating profit

-3.4m

-65%

gross margin

50.3%

+6.04%

turnover

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

Balance Sheet

June 2023

net assets

95.9m

+0.05%

total assets

200.2m

+0.01%

cash

24.7m

+0.65%

net assets

Total assets minus all liabilities

broadridge financial solutions limited company details

company number

01870679

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

December 1984

age

41

incorporated

UK

ultimate parent company

BROADRIDGE FINANCIAL SOLUTIONS INC

accounts

Full Accounts

last accounts submitted

June 2023

previous names

adp wilco limited (February 2007)

wilco international limited (February 2003)

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accountant

-

auditor

GRANT THORNTON UK LLP

address

12 arthur street, london, EC4R 9AB

Bank

BARCLAYS BANK PLC

Legal Advisor

-

broadridge financial solutions 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 1 charges/mortgages relating to broadridge financial solutions limited. Currently there are 0 open charges and 1 have been satisfied in the past.

broadridge financial solutions 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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broadridge financial solutions limited Companies House Filings - See Documents

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