ips holdings limited
ips holdings limited Company Information
Company Number
02981754
Next Accounts
Sep 2025
Shareholders
christopher bernard dickman
the second ips holdings employee share trust
View AllGroup Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
bevis marks house, 24-26 bevis marks, london, EC3A 7JB
Website
www.ipsgroup.co.ukips holdings limited Estimated Valuation
Pomanda estimates the enterprise value of IPS HOLDINGS LIMITED at £1.9m based on a Turnover of £9.2m and 0.2x industry multiple (adjusted for size and gross margin).
ips holdings limited Estimated Valuation
Pomanda estimates the enterprise value of IPS HOLDINGS LIMITED at £685.1k based on an EBITDA of £204.1k and a 3.36x industry multiple (adjusted for size and gross margin).
ips holdings limited Estimated Valuation
Pomanda estimates the enterprise value of IPS HOLDINGS LIMITED at £3.6m based on Net Assets of £2.3m and 1.56x industry multiple (adjusted for liquidity).
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Ips Holdings Limited Overview
Ips Holdings Limited is a live company located in london, EC3A 7JB with a Companies House number of 02981754. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 1994, it's largest shareholder is christopher bernard dickman with a 28.3% stake. Ips Holdings Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.2m with declining growth in recent years.
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Ips Holdings Limited Health Check
Pomanda's financial health check has awarded Ips Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £9.2m, make it in line with the average company (£10.9m)
- Ips Holdings Limited
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.6%)
- Ips Holdings Limited
6.6% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Ips Holdings Limited
24.9% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (3.9%)
- Ips Holdings Limited
3.9% - Industry AVG
Employees
with 57 employees, this is above the industry average (46)
57 - Ips Holdings Limited
46 - Industry AVG
Pay Structure
on an average salary of £80.8k, the company has a higher pay structure (£57.1k)
£80.8k - Ips Holdings Limited
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £161.1k, this is equally as efficient (£188.8k)
- Ips Holdings Limited
£188.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (45 days)
- Ips Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is slower than average (9 days)
- Ips Holdings Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ips Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 93 weeks, this is more cash available to meet short term requirements (10 weeks)
93 weeks - Ips Holdings Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.2%, this is a lower level of debt than the average (67.1%)
36.2% - Ips Holdings Limited
67.1% - Industry AVG
IPS HOLDINGS LIMITED financials
Ips Holdings Limited's latest turnover from December 2023 is estimated at £9.2 million and the company has net assets of £2.3 million. According to their latest financial statements, Ips Holdings Limited has 57 employees and maintains cash reserves of £2.4 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 | 8,752,854 | 8,974,744 | 9,721,799 | 10,456,412 | 10,349,354 | 10,298,579 | 9,866,305 | 11,271,813 | 10,004,306 | 8,415,486 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 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 | 6,021,457 | 6,807,251 | 7,057,897 | 7,406,609 | 7,475,918 | 6,326,351 | 7,366,101 | 6,807,322 | 5,906,943 | ||||||
| Admin Expenses | 6,257,555 | 6,892,061 | 7,055,645 | 6,847,345 | 6,568,051 | 6,134,569 | 6,559,656 | 5,919,035 | 5,855,226 | ||||||
| Operating Profit | -236,098 | -84,810 | 2,252 | 559,264 | 907,867 | 191,782 | 806,445 | 888,287 | 51,717 | ||||||
| Interest Payable | 2,169 | 0 | 0 | 0 | 312 | 2,121 | 0 | 0 | 1,644 | ||||||
| Interest Receivable | 3 | 48 | 244 | 45,604 | 1,111 | 647 | 1,139 | 1,390 | 12,355 | ||||||
| Pre-Tax Profit | -238,264 | -84,762 | 2,496 | 604,868 | 908,666 | 190,308 | 807,584 | 889,677 | 62,428 | ||||||
| Tax | 1,646 | 59,802 | -60,012 | -119,466 | -237,258 | -44,260 | -181,445 | -190,254 | -52,630 | ||||||
| Profit After Tax | -236,618 | -24,960 | -57,516 | 485,402 | 671,408 | 146,048 | 626,139 | 699,423 | 9,798 | ||||||
| Dividends Paid | 0 | 0 | 250,000 | 250,000 | 250,000 | 125,000 | 250,000 | 250,000 | 0 | ||||||
| Retained Profit | -236,618 | -24,960 | -307,516 | 235,402 | 421,408 | 21,048 | 376,139 | 449,423 | 9,798 | ||||||
| Employee Costs | 4,607,257 | 4,836,902 | 3,085,211 | 3,059,445 | 3,771,897 | 4,240,492 | 4,265,567 | 5,024,945 | 4,734,489 | 4,802,022 | 4,736,281 | 4,315,246 | 4,680,581 | 4,244,174 | 4,001,226 |
| Number Of Employees | 57 | 51 | 51 | 57 | 64 | 70 | 78 | 89 | 83 | 81 | 83 | 77 | 80 | 72 | 74 |
| EBITDA* | -187,780 | -27,550 | 53,109 | 595,323 | 929,191 | 220,494 | 841,508 | 933,059 | 156,994 |
* 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 | 38,673 | 53,036 | 81,089 | 110,740 | 135,417 | 144,792 | 183,762 | 231,681 | 286,701 | 266,323 | 48,687 | 45,024 | 41,276 | 46,919 | 76,840 |
| Intangible Assets | 0 | 0 | 0 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 | 3,530 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 780 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 38,673 | 53,036 | 81,089 | 114,270 | 138,947 | 148,322 | 187,292 | 235,211 | 290,231 | 270,633 | 52,217 | 48,554 | 44,806 | 50,449 | 80,370 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 899,587 | 1,573,026 | 1,421,912 | 695,102 | 830,235 | 1,088,333 | 804,688 | 1,122,644 | 1,315,418 | 1,040,088 | 1,259,178 | 748,533 | 1,026,314 | 1,009,194 | 531,430 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 335,256 | 291,553 | 323,782 | 419,414 | 297,177 | 399,011 | 404,193 | 317,320 | 213,150 | 269,299 | 261,566 | 222,056 | 252,609 | 274,103 | 223,226 |
| Cash | 2,350,402 | 2,294,191 | 1,426,444 | 1,087,961 | 953,606 | 795,311 | 780,113 | 728,988 | 1,042,355 | 1,812,260 | 1,489,304 | 1,226,873 | 997,468 | 1,200,198 | 1,657,045 |
| 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 | 3,585,245 | 4,158,770 | 3,172,138 | 2,202,477 | 2,081,018 | 2,282,655 | 1,988,994 | 2,168,952 | 2,570,923 | 3,121,647 | 3,260,131 | 2,447,545 | 2,526,474 | 2,733,578 | 2,411,701 |
| total assets | 3,623,918 | 4,211,806 | 3,253,227 | 2,316,747 | 2,219,965 | 2,430,977 | 2,176,286 | 2,404,163 | 2,861,154 | 3,392,280 | 3,312,348 | 2,496,099 | 2,571,280 | 2,784,027 | 2,492,071 |
| 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 | 401,496 | 689,962 | 764,311 | 625,427 | 327,109 | 366,065 | 187,767 | 259,265 | 261,159 | 147,648 | 240,288 | 202,269 | 184,489 | 174,590 | 232,326 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 911,123 | 1,260,403 | 967,557 | 835,172 | 616,173 | 733,426 | 661,897 | 513,392 | 952,007 | 851,687 | 953,208 | 618,033 | 728,736 | 924,550 | 667,020 |
| total current liabilities | 1,312,619 | 1,950,365 | 1,731,868 | 1,460,599 | 943,282 | 1,099,491 | 849,664 | 772,657 | 1,213,166 | 999,335 | 1,193,496 | 820,302 | 913,225 | 1,099,140 | 899,346 |
| 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 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,312,619 | 1,954,639 | 1,742,667 | 1,474,285 | 960,539 | 1,102,946 | 853,119 | 777,758 | 1,218,105 | 999,335 | 1,193,496 | 820,302 | 913,225 | 1,099,140 | 899,346 |
| net assets | 2,311,299 | 2,257,167 | 1,510,560 | 842,462 | 1,259,426 | 1,328,031 | 1,323,167 | 1,626,405 | 1,643,049 | 2,392,945 | 2,118,852 | 1,675,797 | 1,658,055 | 1,684,887 | 1,592,725 |
| total shareholders funds | 2,311,299 | 2,257,167 | 1,510,560 | 842,462 | 1,259,426 | 1,328,031 | 1,323,167 | 1,626,405 | 1,643,049 | 2,392,945 | 2,118,852 | 1,675,797 | 1,658,055 | 1,684,887 | 1,592,725 |
| 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 | -236,098 | -84,810 | 2,252 | 559,264 | 907,867 | 191,782 | 806,445 | 888,287 | 51,717 | ||||||
| Depreciation | 27,351 | 31,843 | 32,712 | 32,805 | 37,677 | 48,318 | 57,260 | 50,857 | 36,059 | 21,324 | 28,712 | 35,063 | 44,772 | 71,143 | |
| Amortisation | 0 | 0 | 3,530 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,134 | |
| Tax | 1,646 | 59,802 | -60,012 | -119,466 | -237,258 | -44,260 | -181,445 | -190,254 | -52,630 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -629,736 | 118,885 | 631,178 | -12,896 | -359,932 | 278,463 | -231,083 | -88,604 | 219,181 | -211,357 | 550,155 | -308,334 | -4,374 | 528,641 | 754,656 |
| Creditors | -288,466 | -74,349 | 138,884 | 298,318 | -38,956 | 178,298 | -71,498 | -1,894 | 113,511 | -92,640 | 38,019 | 17,780 | 9,899 | -57,736 | 232,326 |
| Accruals and Deferred Income | -349,280 | 292,846 | 132,385 | 218,999 | -117,253 | 71,529 | 148,505 | -438,615 | 100,320 | -101,521 | 335,175 | -110,703 | -195,814 | 257,530 | 667,020 |
| Deferred Taxes & Provisions | -4,274 | -6,525 | -2,887 | -3,571 | 13,802 | 0 | -1,646 | 162 | 4,939 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 120,310 | -319,491 | -7,314 | 493,053 | 514,972 | 391,645 | 478,522 | 413,958 | 249,054 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -399 | -2,240 | -76,471 | -254,662 | -24,987 | -32,460 | -29,420 | -264,934 | -9,529 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -780 | 780 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -399 | -2,240 | -75,691 | -255,442 | -24,987 | -32,460 | -29,420 | -264,934 | -9,529 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -2,166 | 48 | 244 | 45,604 | 799 | -1,474 | 1,139 | 1,390 | 10,711 | ||||||
| cash flow from financing | -68,786 | 8,364 | -442,136 | 84,295 | 22,446 | -4,780 | -401,832 | -355,871 | 1,593,638 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 56,211 | 867,747 | 338,483 | 134,355 | 158,295 | 15,198 | 51,125 | -313,367 | -769,905 | 322,956 | 262,431 | 229,405 | -202,730 | -456,847 | 1,657,045 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 56,211 | 867,747 | 338,483 | 134,355 | 158,295 | 15,198 | 51,125 | -313,367 | -769,905 | 322,956 | 262,431 | 229,405 | -202,730 | -456,847 | 1,657,045 |
ips holdings limited Credit Report and Business Information
Ips Holdings Limited Competitor Analysis
Perform a competitor analysis for ips holdings 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 holdings limited Ownership
IPS HOLDINGS LIMITED group structure
Ips Holdings Limited has 2 subsidiary companies.
Ultimate parent company
IPS HOLDINGS LIMITED
02981754
2 subsidiaries
ips holdings limited directors
Ips Holdings Limited currently has 3 directors. The longest serving directors include Mr Christopher Dickman (Jan 2006) and Mr Anthony Chitnis (Feb 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Dickman | England | 58 years | Jan 2006 | - | Director |
| Mr Anthony Chitnis | 60 years | Feb 2010 | - | Director | |
| Mr Richard Ballard | 49 years | Feb 2020 | - | Director |
P&L
December 2023turnover
9.2m
-27%
operating profit
176.7k
0%
gross margin
25%
-7.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.3m
+0.02%
total assets
3.6m
-0.14%
cash
2.4m
+0.02%
net assets
Total assets minus all liabilities
ips holdings limited company details
company number
02981754
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
October 1994
age
31
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
balidock limited (November 1994)
accountant
AZETS AUDIT SERVICES
auditor
-
address
bevis marks house, 24-26 bevis marks, london, EC3A 7JB
Bank
-
Legal Advisor
-
ips holdings 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 3 charges/mortgages relating to ips holdings limited. Currently there are 0 open charges and 3 have been satisfied in the past.
ips holdings 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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ips holdings limited Companies House Filings - See Documents
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