impax asset management limited
impax asset management limited Company Information
Company Number
03583839
Website
http://www.impax.co.ukRegistered Address
7th floor 30 panton street, london, SW1Y 4AJ
Industry
Fund management activities
Other business support service activities n.e.c.
Telephone
02039123000
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
impax asset management group plc 100%
impax asset management limited Estimated Valuation
Pomanda estimates the enterprise value of IMPAX ASSET MANAGEMENT LIMITED at £224.1m based on a Turnover of £123m and 1.82x industry multiple (adjusted for size and gross margin).
impax asset management limited Estimated Valuation
Pomanda estimates the enterprise value of IMPAX ASSET MANAGEMENT LIMITED at £332.2m based on an EBITDA of £35.7m and a 9.3x industry multiple (adjusted for size and gross margin).
impax asset management limited Estimated Valuation
Pomanda estimates the enterprise value of IMPAX ASSET MANAGEMENT LIMITED at £168.5m based on Net Assets of £73.6m and 2.29x industry multiple (adjusted for liquidity).
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Impax Asset Management Limited Overview
Impax Asset Management Limited is a live company located in london, SW1Y 4AJ with a Companies House number of 03583839. It operates in the fund management activities sector, SIC Code 66300. Founded in June 1998, it's largest shareholder is impax asset management group plc with a 100% stake. Impax Asset Management Limited is a mature, mega sized company, Pomanda has estimated its turnover at £123m with rapid growth in recent years.
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Impax Asset Management Limited Health Check
Pomanda's financial health check has awarded Impax Asset Management Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £123m, make it larger than the average company (£3.3m)
£123m - Impax Asset Management Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (5.7%)
34% - Impax Asset Management Limited
5.7% - Industry AVG
Production
with a gross margin of 66.4%, this company has a comparable cost of product (66.4%)
66.4% - Impax Asset Management Limited
66.4% - Industry AVG
Profitability
an operating margin of 29% make it more profitable than the average company (7.6%)
29% - Impax Asset Management Limited
7.6% - Industry AVG
Employees
with 119 employees, this is above the industry average (16)
119 - Impax Asset Management Limited
16 - Industry AVG
Pay Structure
on an average salary of £303.8k, the company has a higher pay structure (£103.9k)
£303.8k - Impax Asset Management Limited
£103.9k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£247.9k)
£1m - Impax Asset Management Limited
£247.9k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (34 days)
16 days - Impax Asset Management Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (39 days)
4 days - Impax Asset Management Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Impax Asset Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 78 weeks, this is more cash available to meet short term requirements (38 weeks)
78 weeks - Impax Asset Management Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.1%, this is a lower level of debt than the average (50.4%)
39.1% - Impax Asset Management Limited
50.4% - Industry AVG
IMPAX ASSET MANAGEMENT LIMITED financials
Impax Asset Management Limited's latest turnover from September 2023 is £123 million and the company has net assets of £73.6 million. According to their latest financial statements, Impax Asset Management Limited has 119 employees and maintains cash reserves of £71.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 122,982,000 | 175,396,000 | 93,922,000 | 51,536,000 | 39,294,000 | 30,943,000 | 21,781,000 | 13,830,000 | 11,750,000 | 17,693,073 | 17,782,529 | 17,874,448 | 20,936,367 | 15,265,753 | 10,378,552 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 10,692,000 | 3,555,287 | 2,403,042 | -3,482,536 | 2,734,706 | 3,927,864 | 778,240 | ||||||||
| Interest Payable | 0 | 574,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 7,950,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,764 | 71,587 | 85,014 | 26,453 | 19,725 | 77,379 |
| Pre-Tax Profit | 37,506,000 | 72,559,000 | 34,072,000 | 12,320,000 | 10,692,000 | 8,626,000 | 2,346,000 | 2,567,000 | 1,699,000 | 3,598,051 | 2,474,629 | -3,397,522 | 2,761,159 | 3,947,589 | 855,619 |
| Tax | -7,303,000 | -13,077,000 | -6,079,000 | -2,363,000 | -2,062,000 | -1,308,000 | -50,000 | -524,000 | -323,000 | -779,079 | -667,971 | 126,813 | 561,398 | 2,598 | -396,894 |
| Profit After Tax | 30,203,000 | 59,482,000 | 27,993,000 | 9,957,000 | 8,630,000 | 7,318,000 | 2,296,000 | 2,043,000 | 1,376,000 | 2,818,972 | 1,806,658 | -3,270,709 | 3,322,557 | 3,950,187 | 458,725 |
| Dividends Paid | 0 | 28,665,000 | 0 | 14,000,000 | 0 | 10,000,000 | 0 | 2,000,000 | 1,000,000 | 4,300,000 | 8,500,000 | 2,000,000 | 0 | 0 | 0 |
| Retained Profit | 30,203,000 | 30,817,000 | 27,993,000 | -4,043,000 | 8,630,000 | -2,682,000 | 2,296,000 | 43,000 | 376,000 | -1,481,028 | -6,693,342 | -5,270,709 | 3,322,557 | 3,950,187 | 458,725 |
| Employee Costs | 36,147,000 | 81,766,000 | 32,677,000 | 22,687,000 | 15,638,000 | 15,765,000 | 12,571,000 | 8,188,000 | 7,388,000 | 7,223,754 | 7,081,377 | 11,942,559 | 9,123,851 | 5,631,657 | 3,201,587 |
| Number Of Employees | 119 | 240 | 74 | 67 | 55 | 55 | 54 | 50 | 40 | 38 | 40 | 38 | 31 | 27 | 22 |
| EBITDA* | 10,740,000 | 3,619,912 | 2,467,667 | -3,423,723 | 2,787,313 | 4,003,456 | 828,998 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,445,000 | 18,841,000 | 11,883,000 | 1,000 | 274,000 | 452,000 | 491,000 | 506,000 | 440,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 245,000 | 32,272,000 | 21,000 | 71,000 | 122,000 | 73,000 | 17,000 | 59,000 | 73,000 | 107,066 | 94,759 | 145,884 | 39,164 | 75,627 | 142,818 |
| Investments & Other | 1,000 | 0 | 1,000 | 1,000 | 274,000 | 452,000 | 491,000 | 506,000 | 440,000 | 398,267 | 363,981 | 364,104 | 323,106 | 159,497 | 11,350 |
| Debtors (Due After 1 year) | 1,722,000 | 4,781,000 | 5,941,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,968,000 | 46,332,000 | 5,963,000 | 72,000 | 396,000 | 525,000 | 508,000 | 565,000 | 513,000 | 505,333 | 458,740 | 509,988 | 362,270 | 235,124 | 154,168 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,494,000 | 10,196,000 | 4,239,000 | 677,000 | 561,000 | 1,072,000 | 1,175,000 | 94,000 | 280,000 | 460,440 | 589,343 | 504,633 | 922,733 | 2,107,050 | 1,886,461 |
| Group Debtors | 12,249,000 | 0 | 1,822,000 | 16,544,000 | 17,631,000 | 10,123,000 | 6,611,000 | 5,161,000 | 8,000 | 5,483,941 | 1,372,988 | 8,253,965 | 6,639,979 | 7,054,302 | 5,718,188 |
| Misc Debtors | 27,699,000 | 28,573,000 | 27,012,000 | 13,043,000 | 10,068,000 | 8,653,000 | 6,819,000 | 4,564,000 | 2,344,000 | 2,466,125 | 3,098,745 | 3,247,640 | 2,865,921 | 1,723,490 | 608,598 |
| Cash | 71,718,000 | 110,919,000 | 57,170,000 | 15,337,000 | 13,001,000 | 11,698,000 | 8,157,000 | 9,045,000 | 14,008,000 | 8,013,002 | 11,649,979 | 9,772,271 | 10,237,281 | 4,805,009 | 2,335,317 |
| misc current assets | 0 | 7,255,000 | 0 | 0 | 2,758,000 | 4,052,000 | 3,378,000 | 654,000 | 616,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 118,887,000 | 157,119,000 | 90,243,000 | 49,024,000 | 44,019,000 | 35,598,000 | 26,140,000 | 19,518,000 | 17,256,000 | 16,423,508 | 16,711,055 | 21,778,509 | 20,665,914 | 15,689,851 | 10,548,564 |
| total assets | 120,855,000 | 203,451,000 | 96,206,000 | 49,096,000 | 44,415,000 | 36,123,000 | 26,648,000 | 20,083,000 | 17,769,000 | 16,928,841 | 17,169,795 | 22,288,497 | 21,028,184 | 15,924,975 | 10,702,732 |
| 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 | 481,000 | 1,078,000 | 105,000 | 24,000 | 946,000 | 5,000 | 89,000 | 14,000 | 0 | 44,159 | 13,493 | 1,597 | 84,547 | 3,954 | 164,736 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,685,027 | 2,513,684 | 1,341,432 | 441,597 | 3,799,777 | 3,037,596 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 9,078,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 46,799,000 | 55,117,000 | 36,060,000 | 23,937,000 | 18,122,000 | 20,894,000 | 11,515,000 | 10,083,000 | 8,251,000 | 4,382,434 | 4,346,689 | 4,061,048 | 4,373,434 | 2,364,462 | 1,834,514 |
| total current liabilities | 47,280,000 | 65,273,000 | 36,165,000 | 23,961,000 | 19,068,000 | 20,899,000 | 11,604,000 | 10,097,000 | 8,251,000 | 8,111,620 | 6,873,866 | 5,404,077 | 4,899,578 | 6,168,193 | 5,036,846 |
| 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 | 704,000 | 228,000 | 331,000 | 180,000 | 197,000 | 184,627 | 320,731 | 802,574 | 261,903 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 704,000 | 228,000 | 331,000 | 180,000 | 197,000 | 184,627 | 320,731 | 802,574 | 261,903 | 0 | 0 |
| total liabilities | 47,280,000 | 65,273,000 | 36,165,000 | 23,961,000 | 19,772,000 | 21,127,000 | 11,935,000 | 10,277,000 | 8,448,000 | 8,296,247 | 7,194,597 | 6,206,651 | 5,161,481 | 6,168,193 | 5,036,846 |
| net assets | 73,575,000 | 138,178,000 | 60,041,000 | 25,135,000 | 24,643,000 | 14,996,000 | 14,713,000 | 9,806,000 | 9,321,000 | 8,632,594 | 9,975,198 | 16,081,846 | 15,866,703 | 9,756,782 | 5,665,886 |
| total shareholders funds | 73,575,000 | 138,178,000 | 60,041,000 | 25,135,000 | 24,643,000 | 14,996,000 | 14,713,000 | 9,806,000 | 9,321,000 | 8,632,594 | 9,975,198 | 16,081,846 | 15,866,703 | 9,756,782 | 5,665,886 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 10,692,000 | 3,555,287 | 2,403,042 | -3,482,536 | 2,734,706 | 3,927,864 | 778,240 | ||||||||
| Depreciation | 0 | 1,772,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 2,485,000 | 50,000 | 65,000 | 48,000 | 29,000 | 51,000 | 97,000 | 64,625 | 64,625 | 58,813 | 52,607 | 75,592 | 50,758 | |
| Tax | -7,303,000 | -13,077,000 | -6,079,000 | -2,363,000 | -2,062,000 | -1,308,000 | -50,000 | -524,000 | -323,000 | -779,079 | -667,971 | 126,813 | 561,398 | 2,598 | -396,894 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,614,000 | 4,536,000 | 8,750,000 | 2,004,000 | 8,412,000 | 5,243,000 | 4,786,000 | 7,187,000 | -5,778,506 | 3,349,430 | -6,945,162 | 1,577,605 | -456,209 | 2,671,595 | 8,213,247 |
| Creditors | -597,000 | 973,000 | 81,000 | -922,000 | 941,000 | -84,000 | 75,000 | 14,000 | -44,159 | 30,666 | 11,896 | -82,950 | 80,593 | -160,782 | 164,736 |
| Accruals and Deferred Income | -8,318,000 | 19,057,000 | 12,123,000 | 5,111,000 | -2,296,000 | 9,276,000 | 1,583,000 | 1,815,000 | 3,880,939 | -100,359 | -196,202 | 228,285 | 2,270,875 | 529,948 | 1,834,514 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,089,000 | -578,290 | 8,560,552 | -4,729,180 | 6,156,388 | 1,703,625 | -5,781,893 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,000 | -1,000 | 0 | -273,000 | -178,000 | -39,000 | -15,000 | 66,000 | 41,733 | 34,286 | -123 | 40,998 | 163,609 | 148,147 | 11,350 |
| cash flow from investments | |||||||||||||||
| 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 | -3,685,027 | 1,171,343 | 1,172,252 | 899,835 | -3,358,180 | 762,181 | 3,037,596 |
| 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 | -9,078,000 | 9,078,000 | 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 | 0 | 7,376,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,764 | 71,587 | 85,014 | 26,453 | 19,725 | 77,379 |
| cash flow from financing | -103,884,000 | 63,774,000 | 6,913,000 | 4,535,000 | 1,017,000 | 2,965,000 | 2,611,000 | 442,000 | -3,372,621 | 1,352,531 | 1,830,533 | 6,470,701 | -544,363 | 922,615 | 8,322,136 |
| cash and cash equivalents | |||||||||||||||
| cash | -39,201,000 | 53,749,000 | 41,833,000 | 2,336,000 | 1,303,000 | 3,541,000 | -888,000 | -4,963,000 | 5,994,998 | -3,636,977 | 1,877,708 | -465,010 | 5,432,272 | 2,469,692 | 2,335,317 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -39,201,000 | 53,749,000 | 41,833,000 | 2,336,000 | 1,303,000 | 3,541,000 | -888,000 | -4,963,000 | 5,994,998 | -3,636,977 | 1,877,708 | -465,010 | 5,432,272 | 2,469,692 | 2,335,317 |
impax asset management limited Credit Report and Business Information
Impax Asset Management Limited Competitor Analysis
Perform a competitor analysis for impax asset management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
impax asset management limited Ownership
IMPAX ASSET MANAGEMENT LIMITED group structure
Impax Asset Management Limited has 7 subsidiary companies.
Ultimate parent company
1 parent
IMPAX ASSET MANAGEMENT LIMITED
03583839
7 subsidiaries
impax asset management limited directors
Impax Asset Management Limited currently has 3 directors. The longest serving directors include Mr Ian Simm (Aug 1998) and Mrs Karen Cockburn (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Simm | England | 58 years | Aug 1998 | - | Director |
| Mrs Karen Cockburn | United Kingdom | 56 years | Jan 2023 | - | Director |
| Mr William O'Regan | England | 65 years | Mar 2024 | - | Director |
P&L
September 2023turnover
123m
-30%
operating profit
35.7m
0%
gross margin
66.5%
-0.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
73.6m
-0.47%
total assets
120.9m
-0.41%
cash
71.7m
-0.35%
net assets
Total assets minus all liabilities
impax asset management limited company details
company number
03583839
Type
Private limited with Share Capital
industry
66300 - Fund management activities
82990 - Other business support service activities n.e.c.
incorporation date
June 1998
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
impax capital asset management limited (August 2001)
sinord 112 limited (September 1998)
accountant
-
auditor
KPMG LLP
address
7th floor 30 panton street, london, SW1Y 4AJ
Bank
-
Legal Advisor
-
impax asset management 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 impax asset management limited. Currently there are 0 open charges and 2 have been satisfied in the past.
impax asset management limited Companies House Filings - See Documents
| date | description | view/download |
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