parexel international limited
parexel international limited Company Information
Company Number
02322645
Next Accounts
Sep 2025
Industry
Other research and experimental development on natural sciences and engineering
Shareholders
parexel international holding b.v.
Group Structure
View All
Contact
Registered Address
hart house priestley road, basingstoke, hampshire, RG24 9PU
Website
www.parexel.comparexel international limited Estimated Valuation
Pomanda estimates the enterprise value of PAREXEL INTERNATIONAL LIMITED at £741.7m based on a Turnover of £360.2m and 2.06x industry multiple (adjusted for size and gross margin).
parexel international limited Estimated Valuation
Pomanda estimates the enterprise value of PAREXEL INTERNATIONAL LIMITED at £359.8m based on an EBITDA of £38.3m and a 9.39x industry multiple (adjusted for size and gross margin).
parexel international limited Estimated Valuation
Pomanda estimates the enterprise value of PAREXEL INTERNATIONAL LIMITED at £47.5m based on Net Assets of £22.3m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Parexel International Limited Overview
Parexel International Limited is a live company located in hampshire, RG24 9PU with a Companies House number of 02322645. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in November 1988, it's largest shareholder is parexel international holding b.v. with a 100% stake. Parexel International Limited is a mature, mega sized company, Pomanda has estimated its turnover at £360.2m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Parexel International Limited Health Check
Pomanda's financial health check has awarded Parexel International Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £360.2m, make it larger than the average company (£4.2m)
£360.2m - Parexel International Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (7%)
25% - Parexel International Limited
7% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (46.8%)
23.9% - Parexel International Limited
46.8% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (3.5%)
9.9% - Parexel International Limited
3.5% - Industry AVG
Employees
with 998 employees, this is above the industry average (44)
998 - Parexel International Limited
44 - Industry AVG
Pay Structure
on an average salary of £89.3k, the company has a higher pay structure (£64k)
£89.3k - Parexel International Limited
£64k - Industry AVG
Efficiency
resulting in sales per employee of £360.9k, this is more efficient (£121.3k)
£360.9k - Parexel International Limited
£121.3k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (55 days)
42 days - Parexel International Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (44 days)
3 days - Parexel International Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parexel International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (34 weeks)
5 weeks - Parexel International Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.5%, this is a higher level of debt than the average (44.4%)
84.5% - Parexel International Limited
44.4% - Industry AVG
PAREXEL INTERNATIONAL LIMITED financials
Parexel International Limited's latest turnover from December 2023 is £360.2 million and the company has net assets of £22.3 million. According to their latest financial statements, Parexel International Limited has 998 employees and maintains cash reserves of £12.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 360,212,000 | 117,394,000 | 98,452,000 | 185,856,000 | 115,687,000 | 129,041,000 | 164,463,000 | 148,237,000 | 117,500,000 | 115,474,000 | 106,151,000 | 101,594,000 | 111,214,000 | 50,168,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 274,112,000 | 51,240,000 | 47,799,000 | 121,750,000 | 78,304,000 | 88,498,000 | 105,923,000 | 92,197,000 | 72,492,000 | 60,230,000 | 49,276,000 | 62,390,000 | 64,807,000 | 14,912,000 |
| Gross Profit | 86,100,000 | 66,154,000 | 50,653,000 | 64,106,000 | 37,383,000 | 40,543,000 | 58,540,000 | 56,040,000 | 45,008,000 | 55,244,000 | 56,875,000 | 39,204,000 | 46,407,000 | 35,256,000 |
| Admin Expenses | 50,304,000 | 64,034,000 | 42,201,000 | 61,771,000 | 40,240,000 | 47,782,000 | 47,377,000 | 45,876,000 | 41,771,000 | 44,379,000 | 43,009,000 | 35,095,000 | 43,084,000 | 39,009,000 |
| Operating Profit | 35,796,000 | 2,120,000 | 8,452,000 | 2,335,000 | -2,857,000 | -7,239,000 | 11,163,000 | 10,164,000 | 3,237,000 | 10,865,000 | 13,866,000 | 4,109,000 | 3,323,000 | -3,753,000 |
| Interest Payable | 1,135,000 | 793,000 | 588,000 | 80,000 | 811,000 | 462,000 | 559,000 | 607,000 | 609,000 | 541,000 | 586,000 | 777,000 | 759,000 | 746,000 |
| Interest Receivable | 858,000 | 55,000 | 0 | 6,755,000 | 213,000 | 97,000 | 14,000 | 5,000 | 5,000 | 0 | 0 | 1,000 | 1,000 | 0 |
| Pre-Tax Profit | 35,519,000 | 1,382,000 | 7,864,000 | 9,010,000 | -3,455,000 | -7,604,000 | 10,618,000 | 9,562,000 | 2,633,000 | 10,324,000 | 13,280,000 | 3,333,000 | 834,000 | -5,141,000 |
| Tax | -9,146,000 | -15,000 | -1,140,000 | -1,674,000 | 626,000 | 1,149,000 | -2,291,000 | -291,000 | 3,859,000 | 1,021,000 | -165,000 | 782,000 | -495,000 | 2,473,000 |
| Profit After Tax | 26,373,000 | 1,367,000 | 6,724,000 | 7,336,000 | -2,829,000 | -6,455,000 | 8,327,000 | 9,271,000 | 6,492,000 | 11,345,000 | 13,115,000 | 4,115,000 | 339,000 | -2,668,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 30,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 26,373,000 | 1,367,000 | 6,724,000 | 7,336,000 | -2,829,000 | -36,455,000 | 8,327,000 | 9,271,000 | 6,492,000 | 11,345,000 | 13,115,000 | 4,115,000 | 339,000 | -2,668,000 |
| Employee Costs | 89,151,000 | 76,431,000 | 70,634,000 | 89,218,000 | 58,267,000 | 63,913,000 | 63,910,000 | 67,050,000 | 63,861,000 | 64,217,000 | 52,911,000 | 44,142,000 | 48,360,000 | 40,008,000 |
| Number Of Employees | 998 | 842 | 756 | 700 | 731 | 767 | 866 | 914 | 955 | 885 | 884 | 802 | 741 | 773 |
| EBITDA* | 38,323,000 | 6,422,000 | 11,105,000 | 7,544,000 | -1,740,000 | -6,424,000 | 11,990,000 | 10,847,000 | 4,129,000 | 12,187,000 | 15,471,000 | 5,777,000 | 5,193,000 | -1,576,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,468,000 | 4,924,000 | 6,293,000 | 6,879,000 | 3,973,000 | 4,420,000 | 4,947,000 | 2,405,000 | 1,946,000 | 2,292,000 | 3,185,000 | 4,161,000 | 5,002,000 | 6,336,000 |
| Intangible Assets | 4,454,000 | 5,284,000 | 0 | 26,000 | 21,000 | 43,000 | 70,000 | 174,000 | 191,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 2,748,000 | 2,748,000 | 2,748,000 | 2,748,000 | 2,748,000 | 2,748,000 | 2,748,000 | 2,748,000 |
| Debtors (Due After 1 year) | 23,635,000 | 5,322,000 | 7,383,000 | 9,169,000 | 4,750,000 | 1,056,000 | 1,401,000 | 3,560,000 | 3,871,000 | 1,291,000 | 0 | 0 | 862,000 | 6,611,000 |
| Total Fixed Assets | 32,557,000 | 15,530,000 | 13,676,000 | 16,074,000 | 8,744,000 | 5,519,000 | 9,166,000 | 8,887,000 | 8,756,000 | 6,331,000 | 5,933,000 | 6,909,000 | 8,612,000 | 15,695,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 42,098,000 | 4,879,000 | 4,912,000 | 12,764,000 | 16,915,000 | 26,411,000 | 34,276,000 | 42,765,000 | 19,905,000 | 13,068,000 | 10,286,000 | 8,874,000 | 20,653,000 | 13,539,000 |
| Group Debtors | 53,047,000 | 35,556,000 | 25,618,000 | 26,347,000 | 23,084,000 | 11,327,000 | 26,008,000 | 18,753,000 | 13,205,000 | 16,840,000 | 8,153,000 | 11,703,000 | 12,878,000 | 18,303,000 |
| Misc Debtors | 3,572,000 | 7,622,000 | 6,611,000 | 13,255,000 | 8,800,000 | 19,176,000 | 22,638,000 | 16,810,000 | 12,592,000 | 7,334,000 | 9,714,000 | 13,595,000 | 24,060,000 | 23,886,000 |
| Cash | 12,533,000 | 11,826,000 | 20,972,000 | 15,527,000 | 28,000,000 | 29,949,000 | 43,245,000 | 16,128,000 | 35,143,000 | 21,585,000 | 17,617,000 | 2,762,000 | 4,909,000 | 10,665,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 111,250,000 | 59,883,000 | 58,113,000 | 67,893,000 | 76,799,000 | 86,863,000 | 126,167,000 | 94,456,000 | 80,845,000 | 58,827,000 | 45,770,000 | 36,934,000 | 62,500,000 | 66,393,000 |
| total assets | 143,807,000 | 75,413,000 | 71,789,000 | 83,967,000 | 85,543,000 | 92,382,000 | 135,333,000 | 103,343,000 | 89,601,000 | 65,158,000 | 51,703,000 | 43,843,000 | 71,112,000 | 82,088,000 |
| Bank overdraft | 0 | 0 | 546,000 | 0 | 2,000 | 0 | 0 | 6,458,000 | 185,000 | 574,000 | 681,000 | 9,066,000 | 26,124,000 | 10,308,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,744,000 | 3,670,000 | 3,061,000 | 493,000 | 5,712,000 | 4,219,000 | 3,032,000 | 2,363,000 | 4,032,000 | 1,919,000 | 2,122,000 | 1,717,000 | 1,689,000 | 1,458,000 |
| Group/Directors Accounts | 32,437,000 | 24,430,000 | 24,849,000 | 13,974,000 | 15,953,000 | 23,528,000 | 30,912,000 | 8,030,000 | 22,669,000 | 8,576,000 | 9,571,000 | 8,438,000 | 20,308,000 | 34,587,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 263,000 | 1,736,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,459,000 | 892,000 | 1,727,000 | 2,787,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 79,818,000 | 15,805,000 | 15,728,000 | 37,457,000 | 39,769,000 | 49,913,000 | 38,008,000 | 31,553,000 | 20,307,000 | 18,482,000 | 14,980,000 | 12,657,000 | 14,418,000 | 22,222,000 |
| total current liabilities | 116,458,000 | 44,797,000 | 45,911,000 | 54,711,000 | 61,436,000 | 77,660,000 | 72,215,000 | 50,140,000 | 47,193,000 | 29,551,000 | 27,354,000 | 31,878,000 | 62,539,000 | 68,575,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,163,000 |
| hp & lease commitments | 4,101,000 | 5,284,000 | 1,615,000 | 2,366,000 | 2,407,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 2,258,000 | 2,281,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 229,000 | 10,380,000 | 10,572,000 | 0 | 0 | 1,882,000 | 1,775,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 990,000 | 1,096,000 | 2,121,000 | 2,116,000 | 4,070,000 | 1,308,000 | 2,953,000 | 3,425,000 | 46,000 | 239,000 | 440,000 | 1,171,000 | 1,894,000 | 1,010,000 |
| total long term liabilities | 5,091,000 | 6,380,000 | 3,965,000 | 14,862,000 | 17,049,000 | 3,566,000 | 5,234,000 | 5,307,000 | 1,821,000 | 239,000 | 440,000 | 1,171,000 | 1,894,000 | 7,173,000 |
| total liabilities | 121,549,000 | 51,177,000 | 49,876,000 | 69,573,000 | 78,485,000 | 81,226,000 | 77,449,000 | 55,447,000 | 49,014,000 | 29,790,000 | 27,794,000 | 33,049,000 | 64,433,000 | 75,748,000 |
| net assets | 22,258,000 | 24,236,000 | 21,913,000 | 14,394,000 | 7,058,000 | 11,156,000 | 57,884,000 | 47,896,000 | 40,587,000 | 35,368,000 | 23,909,000 | 10,794,000 | 6,679,000 | 6,340,000 |
| total shareholders funds | 22,258,000 | 24,236,000 | 21,913,000 | 14,394,000 | 7,058,000 | 11,156,000 | 57,884,000 | 47,896,000 | 40,587,000 | 35,368,000 | 23,909,000 | 10,794,000 | 6,679,000 | 6,340,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 35,796,000 | 2,120,000 | 8,452,000 | 2,335,000 | -2,857,000 | -7,239,000 | 11,163,000 | 10,164,000 | 3,237,000 | 10,865,000 | 13,866,000 | 4,109,000 | 3,323,000 | -3,753,000 |
| Depreciation | 2,527,000 | 4,302,000 | 2,653,000 | 5,189,000 | 1,095,000 | 793,000 | 792,000 | 603,000 | 712,000 | 1,322,000 | 1,605,000 | 1,668,000 | 1,870,000 | 2,177,000 |
| Amortisation | 0 | 0 | 0 | 20,000 | 22,000 | 22,000 | 35,000 | 80,000 | 180,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | -9,146,000 | -15,000 | -1,140,000 | -1,674,000 | 626,000 | 1,149,000 | -2,291,000 | -291,000 | 3,859,000 | 1,021,000 | -165,000 | 782,000 | -495,000 | 2,473,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 68,973,000 | 8,855,000 | -17,011,000 | 7,986,000 | -4,421,000 | -26,353,000 | 2,435,000 | 32,315,000 | 11,040,000 | 10,380,000 | -6,019,000 | -24,281,000 | -3,886,000 | 62,339,000 |
| Creditors | -926,000 | 609,000 | 2,568,000 | -5,219,000 | 1,493,000 | 1,187,000 | 669,000 | -1,669,000 | 2,113,000 | -203,000 | 405,000 | 28,000 | 231,000 | 1,458,000 |
| Accruals and Deferred Income | 64,013,000 | 77,000 | -21,729,000 | -2,312,000 | -12,402,000 | 11,882,000 | 8,736,000 | 11,246,000 | 1,825,000 | 3,502,000 | 2,323,000 | -1,761,000 | -7,804,000 | 22,222,000 |
| Deferred Taxes & Provisions | -106,000 | -1,025,000 | 5,000 | -1,954,000 | 2,762,000 | -1,645,000 | -472,000 | 3,379,000 | -193,000 | -201,000 | -731,000 | -723,000 | 884,000 | 1,010,000 |
| Cash flow from operations | 23,185,000 | -2,787,000 | 7,820,000 | -11,601,000 | -4,840,000 | 32,502,000 | 16,197,000 | -8,803,000 | 693,000 | 5,926,000 | 23,322,000 | 28,384,000 | 1,895,000 | -36,752,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -2,748,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,748,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,007,000 | -419,000 | 10,875,000 | -1,979,000 | -7,575,000 | -7,384,000 | 22,882,000 | -14,639,000 | 14,093,000 | -995,000 | 1,133,000 | -11,870,000 | -14,279,000 | 34,587,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -263,000 | -1,473,000 | 1,736,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,163,000 | 6,163,000 |
| Hire Purchase and Lease Commitments | -616,000 | 2,834,000 | -1,811,000 | 2,746,000 | 2,407,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -229,000 | -10,151,000 | -192,000 | 10,572,000 | 0 | -1,882,000 | 107,000 | 1,775,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -277,000 | -738,000 | -588,000 | 6,675,000 | -598,000 | -365,000 | -545,000 | -602,000 | -604,000 | -541,000 | -586,000 | -776,000 | -758,000 | -746,000 |
| cash flow from financing | -21,237,000 | 2,404,000 | -880,000 | 7,250,000 | 3,537,000 | -18,285,000 | 20,643,000 | -15,360,000 | 13,991,000 | -1,422,000 | 547,000 | -12,646,000 | -21,200,000 | 49,012,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 707,000 | -9,146,000 | 5,445,000 | -12,473,000 | -1,949,000 | -13,296,000 | 27,117,000 | -19,015,000 | 13,558,000 | 3,968,000 | 14,855,000 | -2,147,000 | -5,756,000 | 10,665,000 |
| overdraft | 0 | -546,000 | 546,000 | -2,000 | 2,000 | 0 | -6,458,000 | 6,273,000 | -389,000 | -107,000 | -8,385,000 | -17,058,000 | 15,816,000 | 10,308,000 |
| change in cash | 707,000 | -8,600,000 | 4,899,000 | -12,471,000 | -1,951,000 | -13,296,000 | 33,575,000 | -25,288,000 | 13,947,000 | 4,075,000 | 23,240,000 | 14,911,000 | -21,572,000 | 357,000 |
parexel international limited Credit Report and Business Information
Parexel International Limited Competitor Analysis
Perform a competitor analysis for parexel international limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in RG24 area or any other competitors across 12 key performance metrics.
parexel international limited Ownership
PAREXEL INTERNATIONAL LIMITED group structure
Parexel International Limited has no subsidiary companies.
Ultimate parent company
WEST STREET TOPCO LTD
#0110489
2 parents
PAREXEL INTERNATIONAL LIMITED
02322645
parexel international limited directors
Parexel International Limited currently has 2 directors. The longest serving directors include Mr Michael Crowley Iii (Nov 2017) and Mr John Benoit (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Crowley Iii | United States | 55 years | Nov 2017 | - | Director |
| Mr John Benoit | United States | 54 years | May 2024 | - | Director |
P&L
December 2023turnover
360.2m
+207%
operating profit
35.8m
+1588%
gross margin
24%
-57.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.3m
-0.08%
total assets
143.8m
+0.91%
cash
12.5m
+0.06%
net assets
Total assets minus all liabilities
parexel international limited company details
company number
02322645
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
November 1988
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
runmit limited (June 1989)
accountant
-
auditor
RSM IRELAND
address
hart house priestley road, basingstoke, hampshire, RG24 9PU
Bank
J P MORGAN CHASE BANK
Legal Advisor
GOWLING WLG (UK) LLP
parexel international 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 parexel international limited. Currently there are 0 open charges and 1 have been satisfied in the past.
parexel international 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 PAREXEL INTERNATIONAL LIMITED. This can take several minutes, an email will notify you when this has completed.
parexel international limited Companies House Filings - See Documents
| date | description | view/download |
|---|
