ipg holdings (uk) limited

3.5

ipg holdings (uk) limited Company Information

Share IPG HOLDINGS (UK) LIMITED
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Company Number

02353279

Registered Address

135 bishopsgate, london, EC2M 3TP

Industry

Advertising agencies

 

Activities of head offices

 

Telephone

02070820120

Next Accounts Due

September 2024

Group Structure

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Directors

Warren Kay13 Years

Derek Coleman12 Years

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Shareholders

ipg europe ltd 100%

ipg holdings (uk) limited Estimated Valuation

£7.9b

Pomanda estimates the enterprise value of IPG HOLDINGS (UK) LIMITED at £7.9b based on a Turnover of £2.5b and 3.16x industry multiple (adjusted for size and gross margin).

ipg holdings (uk) limited Estimated Valuation

£785.1m

Pomanda estimates the enterprise value of IPG HOLDINGS (UK) LIMITED at £785.1m based on an EBITDA of £98.4m and a 7.98x industry multiple (adjusted for size and gross margin).

ipg holdings (uk) limited Estimated Valuation

£135.6m

Pomanda estimates the enterprise value of IPG HOLDINGS (UK) LIMITED at £135.6m based on Net Assets of £48.1m and 2.82x industry multiple (adjusted for liquidity).

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Ipg Holdings (uk) Limited Overview

Ipg Holdings (uk) Limited is a live company located in london, EC2M 3TP with a Companies House number of 02353279. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 1989, it's largest shareholder is ipg europe ltd with a 100% stake. Ipg Holdings (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £2.5b with healthy growth in recent years.

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Ipg Holdings (uk) Limited Health Check

Pomanda's financial health check has awarded Ipg Holdings (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.5b, make it larger than the average company (£14.7m)

£2.5b - Ipg Holdings (uk) Limited

£14.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (2%)

8% - Ipg Holdings (uk) Limited

2% - Industry AVG

production

Production

with a gross margin of 26%, this company has a higher cost of product (40.2%)

26% - Ipg Holdings (uk) Limited

40.2% - Industry AVG

profitability

Profitability

an operating margin of 2.3% make it less profitable than the average company (6.2%)

2.3% - Ipg Holdings (uk) Limited

6.2% - Industry AVG

employees

Employees

with 5401 employees, this is above the industry average (81)

5401 - Ipg Holdings (uk) Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £76.5k, the company has a higher pay structure (£54.7k)

£76.5k - Ipg Holdings (uk) Limited

£54.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £460.8k, this is more efficient (£182.1k)

£460.8k - Ipg Holdings (uk) Limited

£182.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 78 days, this is later than average (56 days)

78 days - Ipg Holdings (uk) Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (45 days)

93 days - Ipg Holdings (uk) Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 29 days, this is in line with average (32 days)

29 days - Ipg Holdings (uk) Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (17 weeks)

11 weeks - Ipg Holdings (uk) Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (63%)

96.5% - Ipg Holdings (uk) Limited

63% - Industry AVG

IPG HOLDINGS (UK) LIMITED financials

EXPORTms excel logo

Ipg Holdings (Uk) Limited's latest turnover from December 2022 is £2.5 billion and the company has net assets of £48.1 million. According to their latest financial statements, Ipg Holdings (Uk) Limited has 5,401 employees and maintains cash reserves of £276.7 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
Turnover2,488,604,0002,168,128,0001,816,415,0002,001,234,0001,761,127,0001,596,859,0001,494,925,0001,423,337,0001,624,919,0001,500,491,0001,367,412,000001,805,000
Other Income Or Grants00000000000000
Cost Of Sales1,841,140,0001,548,011,0001,242,530,0001,370,100,0001,168,122,0001,056,592,000992,631,000993,976,0001,240,354,0001,142,213,0001,039,130,000001,444,000
Gross Profit647,464,000620,117,000573,885,000631,134,000593,005,000540,267,000502,294,000429,361,000384,565,000358,278,000328,282,00000361,000
Admin Expenses591,078,000543,806,000546,329,000582,649,000551,863,000521,568,000490,605,000416,280,000374,916,000360,899,000322,358,000-10,00013,000656,000
Operating Profit56,386,00076,311,00027,556,00048,485,00041,142,00018,699,00011,689,00013,081,0009,649,000-2,621,0005,924,00010,000-13,000-295,000
Interest Payable14,006,0007,457,0009,937,00013,538,0009,564,0008,190,0007,211,0008,286,0008,156,0006,897,0007,456,0001,348,0001,270,0002,700,000
Interest Receivable7,324,0003,912,0007,112,0005,976,0003,187,0002,551,0003,171,0003,889,0003,337,0003,037,0003,139,000415,000837,0002,142,000
Pre-Tax Profit49,704,00070,921,000-20,249,00039,321,00037,643,00013,060,0007,649,0003,692,0004,830,000-12,054,000-6,778,00014,077,000-27,038,00033,919,000
Tax-16,331,000-17,375,000-2,383,000-14,586,000-8,619,000-8,766,000-972,000-4,341,000-2,638,000-750,000-2,306,000000
Profit After Tax33,373,00053,546,000-22,632,00024,735,00029,024,0004,294,0006,677,000-649,0002,192,000-12,804,000-9,084,00014,077,000-27,038,00033,919,000
Dividends Paid124,700,000124,700,000009,000026,082,00059,064,000052,557,00056,732,000000
Retained Profit-92,858,000-71,176,000-22,020,00025,317,00028,606,0004,263,000-19,480,000-59,776,0002,333,000-65,275,000-65,906,00014,077,000-27,038,00033,919,000
Employee Costs413,133,000385,940,000368,078,000379,560,000358,336,000328,606,000305,933,000268,590,000245,887,000245,453,000229,055,00043,25642,5760
Number Of Employees5,4015,1685,2295,4135,1914,7424,4484,1253,7443,6143,393110
EBITDA*98,404,000116,189,00075,988,00092,110,00079,817,00053,855,00047,428,00042,220,00039,533,00024,633,00012,042,00046,0008,000-290,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets65,710,00065,352,00053,493,00046,789,00039,782,00036,640,00037,254,00032,105,00029,764,00030,896,00031,883,00049,00085,00020,000
Intangible Assets161,701,000194,513,000233,466,000253,870,000282,997,000264,859,000285,189,000256,593,000265,692,000286,001,000300,754,000000
Investments & Other9,679,00011,567,0007,111,0007,111,0007,114,0005,661,0005,661,0005,653,0005,688,0005,679,0005,670,000172,041,000110,273,00081,088,000
Debtors (Due After 1 year)4,639,0006,408,0004,941,0005,719,0005,524,00000513,0001,079,00000000
Total Fixed Assets241,729,000277,840,000299,011,000313,489,000335,417,000307,160,000328,104,000294,864,000302,223,000322,576,000338,307,000172,090,000110,358,00081,108,000
Stock & work in progress151,067,000128,704,00059,973,00060,299,00053,828,00061,274,00035,583,00028,448,00028,204,00022,619,00021,465,000000
Trade Debtors531,841,000433,046,000368,912,000392,549,000338,836,000492,976,000443,111,000266,280,000285,598,000275,784,000264,771,000189,00050,000301,000
Group Debtors117,513,000100,257,000220,290,000267,932,000208,648,0000063,301,00068,937,00082,711,00077,236,0006,050,0005,976,00046,179,000
Misc Debtors103,931,000120,965,000104,805,00095,680,00076,744,0000071,782,00061,991,00069,525,00061,397,000807,000826,0001,135,000
Cash276,715,000296,395,000314,861,000287,063,000369,879,000218,760,000216,267,000211,508,000262,352,000290,273,000192,194,00052,783,000319,00013,246,000
misc current assets00000000000000
total current assets1,181,067,0001,079,367,0001,068,841,0001,103,523,0001,047,935,000773,010,000694,961,000641,319,000707,082,000740,912,000617,063,00059,829,0007,171,00060,861,000
total assets1,422,796,0001,357,207,0001,367,852,0001,417,012,0001,383,352,0001,080,170,0001,023,065,000936,183,0001,009,305,0001,063,488,000955,370,000231,919,000117,529,000141,969,000
Bank overdraft402,678,000479,094,000513,037,000621,342,000681,970,000426,728,000459,520,000439,109,000452,571,000453,693,000339,184,00078,944,00027,612,00069,375,000
Bank loan00000000000000
Trade Creditors 470,624,000407,458,000285,847,000252,927,000219,477,000232,018,000173,109,000156,146,000150,430,000185,390,000158,649,000000
Group/Directors Accounts108,241,000119,611,000107,932,00084,366,00097,539,00067,708,00052,081,00033,524,00039,422,00057,712,00039,075,00069,973,00043,455,00028,652,000
other short term finances06,998,00020,409,00015,236,0001,454,00013,006,0008,140,0009,236,0004,339,0000029,00029,00029,000
hp & lease commitments000000000028,000000
other current liabilities262,100,000262,525,000274,156,000258,876,000221,795,000203,118,000188,746,000161,432,000172,705,000172,401,000154,324,000422,000469,000732,000
total current liabilities1,243,643,0001,275,686,0001,201,381,0001,232,747,0001,222,235,000942,578,000881,596,000799,447,000819,467,000869,196,000691,260,000149,368,00071,565,00098,788,000
loans75,625,0006,499,00024,516,00052,816,00050,817,00057,036,00071,043,00045,668,00040,372,00039,859,00044,709,00033,265,00000
hp & lease commitments23,922,00017,152,0009,487,0006,065,0008,770,0009,942,0009,776,0005,562,0004,914,0003,451,0001,447,000000
Accruals and Deferred Income39,00027,00014,000194,000427,000401,000251,000114,000838,000943,0001,655,000000
other liabilities9,417,00016,073,0004,014,0003,670,0004,169,0003,973,0004,108,0002,993,0003,698,0005,794,0007,471,000000
provisions20,291,00027,450,00039,120,00010,421,0009,253,0008,378,00012,569,00014,884,00012,997,00016,979,00016,016,000704,000758,000269,000
total long term liabilities129,294,00067,201,00077,151,00073,166,00073,436,00079,730,00097,747,00069,221,00062,819,00067,026,00071,298,00033,969,000758,000269,000
total liabilities1,372,937,0001,342,887,0001,278,532,0001,305,913,0001,295,671,0001,022,308,000979,343,000868,668,000882,286,000936,222,000762,558,000183,337,00072,323,00099,057,000
net assets48,071,00014,293,00089,315,000110,482,00086,482,00055,872,00041,763,00064,538,000124,093,000124,027,000189,488,00048,582,00045,206,00042,912,000
total shareholders funds48,071,00014,293,00089,315,000110,482,00086,482,00055,872,00041,763,00064,538,000124,093,000124,027,000189,488,00048,582,00045,206,00042,912,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit56,386,00076,311,00027,556,00048,485,00041,142,00018,699,00011,689,00013,081,0009,649,000-2,621,0005,924,00010,000-13,000-295,000
Depreciation9,926,0008,538,0008,869,0009,215,0008,726,0007,735,0007,528,0007,145,0007,348,0006,518,0006,118,00036,00021,0005,000
Amortisation32,092,00031,340,00039,563,00034,410,00029,949,00027,421,00028,211,00021,994,00022,536,00020,736,0000000
Tax-16,331,000-17,375,000-2,383,000-14,586,000-8,619,000-8,766,000-972,000-4,341,000-2,638,000-750,000-2,306,000000
Stock22,363,00068,731,000-326,0006,471,000-7,446,00025,691,0007,135,000244,0005,585,0001,154,00021,465,000000
Debtors97,248,000-38,272,000-62,932,000132,128,000136,776,00049,865,00041,235,000-15,729,000-10,415,00024,616,000396,358,000194,000-40,763,00047,615,000
Creditors63,166,000121,611,00032,920,00033,450,000-12,541,00058,909,00016,963,0005,716,000-34,960,00026,741,000158,649,000000
Accruals and Deferred Income-413,000-11,618,00015,100,00036,848,00018,703,00014,522,00027,451,000-11,997,000199,00017,365,000155,557,000-47,000-263,000732,000
Deferred Taxes & Provisions-7,159,000-11,670,00028,699,0001,168,000875,000-4,191,000-2,315,0001,887,000-3,982,000963,00015,312,000-54,000489,000269,000
Cash flow from operations18,056,000166,678,000213,582,00010,391,000-51,095,00038,773,00040,185,00048,970,0002,982,00043,182,000-78,569,000-249,00040,997,000-46,904,000
Investing Activities
capital expenditure0000-41,480,000-11,178,000-44,824,000-20,275,0000-11,514,000-338,706,0000-86,000-25,000
Change in Investments-1,888,0004,456,0000-3,0001,453,00008,000-35,0009,0009,000-166,371,00061,768,00029,185,00081,088,000
cash flow from investments1,888,000-4,456,00003,000-42,933,000-11,178,000-44,832,000-20,240,000-9,000-11,523,000-172,335,000-61,768,000-29,271,000-81,113,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-11,370,00011,679,00023,566,000-13,173,00029,831,00015,627,00018,557,000-5,898,000-18,290,00018,637,000-30,898,00026,518,00014,803,00028,652,000
Other Short Term Loans -6,998,000-13,411,0005,173,00013,782,000-11,552,0004,866,000-1,096,0004,897,0004,339,0000-29,0000029,000
Long term loans69,126,000-18,017,000-28,300,0001,999,000-6,219,000-14,007,00025,375,0005,296,000513,000-4,850,00011,444,00033,265,00000
Hire Purchase and Lease Commitments6,770,0007,665,0003,422,000-2,705,000-1,172,000166,0004,214,000648,0001,463,0001,976,0001,475,000000
other long term liabilities-6,656,00012,059,000344,000-499,000196,000-135,0001,115,000-705,000-2,096,000-1,677,0007,471,000000
share issue126,636,000-3,846,000853,000-1,317,0002,004,0009,846,000-3,295,000221,000-2,267,000-186,000206,812,000-10,701,00029,332,0008,993,000
interest-6,682,000-3,545,000-2,825,000-7,562,000-6,377,000-5,639,000-4,040,000-4,397,000-4,819,000-3,860,000-4,317,000-933,000-433,000-558,000
cash flow from financing170,826,000-7,416,0002,233,000-9,475,0006,711,00010,724,00040,830,00062,000-21,157,00010,040,000191,958,00048,149,00043,702,00037,116,000
cash and cash equivalents
cash-19,680,000-18,466,00027,798,000-82,816,000151,119,0002,493,0004,759,000-50,844,000-27,921,00098,079,000139,411,00052,464,000-12,927,00013,246,000
overdraft-76,416,000-33,943,000-108,305,000-60,628,000255,242,000-32,792,00020,411,000-13,462,000-1,122,000114,509,000260,240,00051,332,000-41,763,00069,375,000
change in cash56,736,00015,477,000136,103,000-22,188,000-104,123,00035,285,000-15,652,000-37,382,000-26,799,000-16,430,000-120,829,0001,132,00028,836,000-56,129,000

ipg holdings (uk) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ipg Holdings (uk) Limited Competitor Analysis

BETA
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Perform a competitor analysis for ipg holdings (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ipg holdings (uk) limited directors

Ipg Holdings (Uk) Limited currently has 3 directors. The longest serving directors include Mr Warren Kay (May 2011) and Mr Derek Coleman (May 2012).

officercountryagestartendrole
Mr Warren KayScotland52 years May 2011- Director
Mr Derek Coleman69 years May 2012- Director
Mr Steven BodenEngland65 years Mar 2020- Director

P&L

December 2022

turnover

2.5b

+15%

operating profit

56.4m

-26%

gross margin

26.1%

-9.04%

turnover

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

Balance Sheet

December 2022

net assets

48.1m

+2.36%

total assets

1.4b

+0.05%

cash

276.7m

-0.07%

net assets

Total assets minus all liabilities

ipg holdings (uk) limited company details

company number

02353279

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

70100 - Activities of head offices

incorporation date

February 1989

age

35

accounts

Group

ultimate parent company

THE INTERPUBLIC GROUP OF COMPANIES INC

previous names

true north holdings (united kingdom) limited (March 2010)

delaney fletcher slaymaker delaney bozell group limited (December 1998)

incorporated

UK

address

135 bishopsgate, london, EC2M 3TP

last accounts submitted

December 2022

ipg holdings (uk) 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 2 charges/mortgages relating to ipg holdings (uk) limited. Currently there are 0 open charges and 2 have been satisfied in the past.

charges

ipg holdings (uk) limited Companies House Filings - See Documents

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