iqvia ltd.

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iqvia ltd. Company Information

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Company Number

03022416

Registered Address

3 forbury place, 23 forbury road, reading, RG1 3JH

Industry

Research and experimental development on biotechnology

 

Telephone

01184508000

Next Accounts Due

September 2024

Group Structure

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Directors

Kevin Turland10 Years

James Berkshire4 Years

View All

Shareholders

iqvia rds holdings 100%

iqvia ltd. Estimated Valuation

£4.3b

Pomanda estimates the enterprise value of IQVIA LTD. at £4.3b based on a Turnover of £2.5b and 1.72x industry multiple (adjusted for size and gross margin).

iqvia ltd. Estimated Valuation

£1.9b

Pomanda estimates the enterprise value of IQVIA LTD. at £1.9b based on an EBITDA of £263.5m and a 7.27x industry multiple (adjusted for size and gross margin).

iqvia ltd. Estimated Valuation

£9.6b

Pomanda estimates the enterprise value of IQVIA LTD. at £9.6b based on Net Assets of £4.5b and 2.15x industry multiple (adjusted for liquidity).

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Iqvia Ltd. Overview

Iqvia Ltd. is a live company located in reading, RG1 3JH with a Companies House number of 03022416. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in February 1995, it's largest shareholder is iqvia rds holdings with a 100% stake. Iqvia Ltd. is a mature, mega sized company, Pomanda has estimated its turnover at £2.5b with healthy growth in recent years.

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Iqvia Ltd. Health Check

Pomanda's financial health check has awarded Iqvia Ltd. a 5 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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.5b, make it larger than the average company (£3.5m)

£2.5b - Iqvia Ltd.

£3.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (14.1%)

12% - Iqvia Ltd.

14.1% - Industry AVG

production

Production

with a gross margin of 18.4%, this company has a higher cost of product (53%)

18.4% - Iqvia Ltd.

53% - Industry AVG

profitability

Profitability

an operating margin of 10.1% make it more profitable than the average company (-0.4%)

10.1% - Iqvia Ltd.

-0.4% - Industry AVG

employees

Employees

with 3389 employees, this is above the industry average (44)

3389 - Iqvia Ltd.

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £96.8k, the company has a higher pay structure (£77.9k)

£96.8k - Iqvia Ltd.

£77.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £735.3k, this is more efficient (£136.2k)

£735.3k - Iqvia Ltd.

£136.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 76 days, this is later than average (51 days)

76 days - Iqvia Ltd.

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (70 days)

3 days - Iqvia Ltd.

70 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (48 days)

0 days - Iqvia Ltd.

48 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (35 weeks)

0 weeks - Iqvia Ltd.

35 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25.3%, this is a lower level of debt than the average (50%)

25.3% - Iqvia Ltd.

50% - Industry AVG

IQVIA LTD. financials

EXPORTms excel logo

Iqvia Ltd.'s latest turnover from December 2022 is £2.5 billion and the company has net assets of £4.5 billion. According to their latest financial statements, Iqvia Ltd. has 3,389 employees and maintains cash reserves of £22.2 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
Turnover2,491,900,0002,139,116,0001,880,447,0001,773,322,0001,356,264,0001,122,518,0001,055,295,000947,018,000676,430,000564,809,000563,941,000518,953,000477,361,000426,365,000
Other Income Or Grants00000000000000
Cost Of Sales2,033,777,0001,803,782,0001,549,949,0001,488,167,0001,080,353,000789,282,000781,050,000694,822,000448,310,000412,166,000425,507,000396,700,000371,906,000315,340,000
Gross Profit458,123,000335,334,000330,498,000285,155,000275,911,000333,236,000274,245,000252,196,000228,120,000152,643,000138,434,000122,253,000105,455,000111,025,000
Admin Expenses206,223,000173,438,000144,268,000118,918,00084,771,00096,778,00093,331,00095,853,00098,125,00071,824,00065,306,00082,231,00063,235,00071,522,000
Operating Profit251,900,000161,896,000186,230,000166,237,000191,140,000236,458,000180,914,000156,343,000129,995,00080,819,00073,128,00040,022,00042,220,00039,503,000
Interest Payable66,602,00017,490,00011,085,00010,962,0008,875,0001,129,00037,000192,00068,000202,0001,630,0001,553,0001,500,0001,400,000
Interest Receivable24,651,00012,683,00023,298,0007,143,0007,734,0007,395,0001,035,000443,0001,027,0001,538,0007,383,0007,118,0002,406,0002,041,000
Pre-Tax Profit399,377,000205,506,000221,568,000162,418,000221,439,000242,724,000181,912,000156,594,000130,895,00082,300,00077,769,00044,882,00037,826,00038,843,000
Tax-36,713,000-20,607,000-22,210,000-41,601,000-39,765,000-44,265,000-30,799,000-27,224,000-21,417,000-11,322,000-17,915,000-1,595,0001,427,000-4,707,000
Profit After Tax362,664,000184,899,000199,358,000120,817,000181,674,000198,459,000151,113,000129,370,000109,478,00070,978,00059,854,00043,287,00039,253,00034,136,000
Dividends Paid000029,281,000474,334,0006,000,00063,320,00031,210,000157,037,00013,362,00063,895,000034,474,000
Retained Profit362,664,000184,899,000199,358,000120,817,000152,393,000-275,875,000145,113,00066,050,00078,268,000-86,059,00046,492,000-20,608,00039,253,000-338,000
Employee Costs327,996,000286,846,000252,396,000125,428,000101,134,00079,747,000100,677,000117,500,000127,186,000114,830,000113,312,00098,722,00090,688,00086,991,000
Number Of Employees3,3893,1612,8341,8941,4391,4561,6052,2082,2052,0391,9601,8511,7051,634
EBITDA*263,523,000173,118,000197,939,000174,852,000197,889,000240,669,000186,891,000162,550,000132,332,00085,675,00078,238,00051,346,00048,783,00045,156,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets25,705,00030,147,00021,931,00027,094,000243,314,000380,128,000175,864,000181,216,00038,542,00024,615,00027,511,00030,144,00024,329,00025,338,000
Intangible Assets18,509,00015,973,00014,277,0009,164,000713,000791,000837,000987,0001,134,00000000
Investments & Other4,123,916,0004,386,594,0001,153,856,0001,035,527,000219,703,000150,798,000149,203,000149,203,00003,778,0004,163,0001,275,0001,200,0000
Debtors (Due After 1 year)05,750,00033,273,00089,873,0005,057,000205,026,0001,638,000705,00013,130,0002,519,000574,00064,267,000112,803,00048,803,000
Total Fixed Assets4,168,130,0004,438,464,0001,223,337,0001,161,658,000244,027,000380,919,000176,701,000182,203,00039,676,00030,912,00032,248,00095,686,000138,332,00074,141,000
Stock & work in progress95,00095,000134,000136,00095,00095,000002,579,0002,025,0002,101,0001,629,0001,115,0001,030,000
Trade Debtors523,872,0001,203,680,000473,053,000431,473,000168,454,000166,538,000168,397,000176,650,000119,178,000179,089,000152,373,000150,676,000122,746,000125,983,000
Group Debtors1,212,972,0000630,426,000251,031,000423,971,00085,054,000251,724,00039,331,00045,285,0005,806,00079,170,00010,697,00020,624,00019,585,000
Misc Debtors58,068,000058,768,00031,273,00016,519,00093,521,00077,451,00076,981,00075,400,0006,219,0005,607,0006,945,0008,171,0007,994,000
Cash22,190,00031,192,00067,516,0004,386,00065,285,00041,903,000171,669,000198,596,000147,485,000124,032,000142,715,00090,857,00082,766,00062,181,000
misc current assets0000222,178,000000000000
total current assets1,817,197,0001,234,967,0001,229,897,000718,299,000896,502,000387,111,000669,241,000491,558,000389,927,000317,171,000381,966,000260,804,000235,422,000216,773,000
total assets5,985,327,0005,673,431,0002,453,234,0001,879,957,0001,140,529,000768,030,000845,942,000673,761,000429,603,000348,083,000414,214,000356,490,000373,754,000290,914,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 18,705,00023,079,000269,224,00029,999,00018,799,00016,242,00011,582,00011,019,0006,268,0002,892,0002,477,0001,546,0006,637,0004,715,000
Group/Directors Accounts907,502,0001,044,957,000704,754,000403,537,0000000040,839,00041,770,00040,323,00040,753,00028,634,000
other short term finances1,938,0002,102,000049,0002,351,00007,117,0003,508,000000000
hp & lease commitments2,355,0001,877,0003,168,0003,471,0000000000000
other current liabilities546,882,000474,011,000168,153,000343,545,000434,240,000279,601,000338,231,000308,206,000247,928,000213,553,000182,738,000170,751,000164,645,000136,104,000
total current liabilities1,477,382,0001,546,026,0001,145,299,000780,601,000455,390,000295,843,000356,930,000322,733,000254,196,000257,284,000226,985,000212,620,000212,035,000169,453,000
loans10,055,0002,666,000339,246,000361,338,000000000006,173,0005,620,000
hp & lease commitments13,807,00016,430,00010,573,00013,072,0000000000000
Accruals and Deferred Income00000000000000
other liabilities009,784,00038,408,000356,661,000245,131,0007,040,0007,726,0007,281,0004,299,0006,310,0009,127,0004,772,0004,150,000
provisions12,851,0001,108,00015,323,0005,816,000011,314,00013,990,00014,252,00019,456,0009,409,0009,590,0008,591,0004,011,0004,272,000
total long term liabilities36,713,00020,204,000374,926,000418,634,000356,661,000250,788,00014,035,00014,852,00017,009,00013,708,00015,900,00017,718,00014,956,00014,258,000
total liabilities1,514,095,0001,566,230,0001,520,225,0001,199,235,000812,051,000546,631,000370,965,000337,585,000271,205,000270,992,000242,885,000230,338,000226,991,000183,711,000
net assets4,471,232,0004,107,201,000933,009,000680,722,000328,478,000221,399,000474,977,000336,176,000158,398,00077,091,000171,329,000126,152,000146,763,000107,203,000
total shareholders funds4,471,232,0004,107,201,000933,009,000680,722,000328,478,000221,399,000474,977,000336,176,000158,398,00077,091,000171,329,000126,152,000146,763,000107,203,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit251,900,000161,896,000186,230,000166,237,000191,140,000236,458,000180,914,000156,343,000129,995,00080,819,00073,128,00040,022,00042,220,00039,503,000
Depreciation6,678,0007,269,0009,344,0008,330,0006,448,0003,861,0005,512,0005,719,0002,134,0004,856,0005,110,00011,324,0006,563,0005,653,000
Amortisation4,945,0003,953,0002,365,000285,000301,000350,000465,000488,000203,00000000
Tax-36,713,000-20,607,000-22,210,000-41,601,000-39,765,000-44,265,000-30,799,000-27,224,000-21,417,000-11,322,000-17,915,000-1,595,0001,427,000-4,707,000
Stock0-39,000-2,00041,000095,0000-2,579,000554,000-76,000472,000514,00085,0001,030,000
Debtors585,482,00013,910,000391,870,000189,649,00063,862,00050,929,000205,543,00040,674,00059,360,000-44,091,0005,139,000-31,759,00061,979,000202,365,000
Creditors-4,374,000-246,145,000239,225,00011,200,0002,557,0004,660,000563,0004,751,0003,376,000415,000931,000-5,091,0001,922,0004,715,000
Accruals and Deferred Income72,871,000305,858,000-175,392,000-90,695,000154,639,000-58,630,00030,025,00060,278,00034,375,00030,815,00011,987,0006,106,00028,541,000136,104,000
Deferred Taxes & Provisions11,743,000-14,215,0009,507,0005,816,000-11,314,000-2,676,000-262,000-5,204,00010,047,000-181,000999,0004,580,000-261,0004,272,000
Cash flow from operations-278,432,000184,138,000-142,799,000-130,118,000240,144,00088,734,000-19,125,000157,056,00098,799,000149,569,00068,629,00086,591,00018,348,000-17,855,000
Investing Activities
capital expenditure-9,717,000-21,134,000-11,659,000199,154,000130,143,000-208,429,000-475,000-148,734,000-17,398,000-1,960,000-2,477,000-17,139,000-5,554,000-30,991,000
Change in Investments-262,678,0003,232,738,000118,329,000815,824,00068,905,0001,595,0000149,203,000-3,778,000-385,0002,888,00075,0001,200,0000
cash flow from investments252,961,000-3,253,872,000-129,988,000-616,670,00061,238,000-210,024,000-475,000-297,937,000-13,620,000-1,575,000-5,365,000-17,214,000-6,754,000-30,991,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-137,455,000340,203,000301,217,000403,537,0000000-40,839,000-931,0001,447,000-430,00012,119,00028,634,000
Other Short Term Loans -164,0002,102,000-49,000-2,302,0002,351,000-7,117,0003,609,0003,508,000000000
Long term loans7,389,000-336,580,000-22,092,000361,338,0000000000-6,173,000553,0005,620,000
Hire Purchase and Lease Commitments-2,145,0004,566,000-2,802,00016,543,0000000000000
other long term liabilities0-9,784,000-28,624,000-318,253,000111,530,000238,091,000-686,000445,0002,982,000-2,011,000-2,817,0004,355,000622,0004,150,000
share issue1,367,0002,989,293,00052,929,000231,427,000-45,314,00022,297,000-6,312,000111,728,0003,039,000-8,179,000-1,315,000-3,000307,000107,541,000
interest-41,951,000-4,807,00012,213,000-3,819,000-1,141,0006,266,000998,000251,000959,0001,336,0005,753,0005,565,000906,000641,000
cash flow from financing-172,959,0002,984,993,000312,792,000688,471,00067,426,000259,537,000-2,391,000115,932,000-33,859,000-9,785,0003,068,0003,314,00014,507,000146,586,000
cash and cash equivalents
cash-9,002,000-36,324,00063,130,000-60,899,00023,382,000-129,766,000-26,927,00051,111,00023,453,000-18,683,00051,858,0008,091,00020,585,00062,181,000
overdraft00000000000000
change in cash-9,002,000-36,324,00063,130,000-60,899,00023,382,000-129,766,000-26,927,00051,111,00023,453,000-18,683,00051,858,0008,091,00020,585,00062,181,000

iqvia ltd. 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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Iqvia Ltd. Competitor Analysis

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iqvia ltd. directors

Iqvia Ltd. currently has 5 directors. The longest serving directors include Mr Kevin Turland (Feb 2014) and Mr James Berkshire (Feb 2020).

officercountryagestartendrole
Mr Kevin TurlandUnited Kingdom55 years Feb 2014- Director
Mr James BerkshireUnited Kingdom50 years Feb 2020- Director
Mr Timothy SheppardEngland53 years Feb 2020- Director
Ms Natalia KotchieUnited Kingdom39 years Oct 2020- Director
Mrs Kerry RandallUnited Kingdom43 years Nov 2023- Director

P&L

December 2022

turnover

2.5b

+16%

operating profit

251.9m

+56%

gross margin

18.4%

+17.28%

turnover

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

Balance Sheet

December 2022

net assets

4.5b

+0.09%

total assets

6b

+0.05%

cash

22.2m

-0.29%

net assets

Total assets minus all liabilities

iqvia ltd. company details

company number

03022416

Type

Private limited with Share Capital

industry

72110 - Research and experimental development on biotechnology

incorporation date

February 1995

age

29

accounts

Full Accounts

ultimate parent company

IQVIA HOLDINGS INC

previous names

quintiles limited (November 2017)

quintiles scotland limited (December 2000)

incorporated

UK

address

3 forbury place, 23 forbury road, reading, RG1 3JH

last accounts submitted

December 2022

iqvia ltd. 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 iqvia ltd.. Currently there are 0 open charges and 2 have been satisfied in the past.

charges

iqvia ltd. Companies House Filings - See Documents

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