towers watson limited
towers watson limited Company Information
Company Number
05379716
Website
https://www.wtwco.com/en-inRegistered Address
watson house, london road, reigate, surrey, RH2 9PQ
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
01737241144
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ta i limited 100%
towers watson limited Estimated Valuation
Pomanda estimates the enterprise value of TOWERS WATSON LIMITED at £640.6m based on a Turnover of £577.7m and 1.11x industry multiple (adjusted for size and gross margin).
towers watson limited Estimated Valuation
Pomanda estimates the enterprise value of TOWERS WATSON LIMITED at £549.1m based on an EBITDA of £60.8m and a 9.03x industry multiple (adjusted for size and gross margin).
towers watson limited Estimated Valuation
Pomanda estimates the enterprise value of TOWERS WATSON LIMITED at £825.5m based on Net Assets of £364m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Towers Watson Limited Overview
Towers Watson Limited is a live company located in reigate, RH2 9PQ with a Companies House number of 05379716. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in March 2005, it's largest shareholder is ta i limited with a 100% stake. Towers Watson Limited is a established, mega sized company, Pomanda has estimated its turnover at £577.7m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Towers Watson Limited Health Check
Pomanda's financial health check has awarded Towers Watson Limited a 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 £577.7m, make it larger than the average company (£2.8m)
£577.7m - Towers Watson Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7%)
6% - Towers Watson Limited
7% - Industry AVG
Production
with a gross margin of 44.6%, this company has a comparable cost of product (44.6%)
44.6% - Towers Watson Limited
44.6% - Industry AVG
Profitability
an operating margin of 7.2% make it more profitable than the average company (5.6%)
7.2% - Towers Watson Limited
5.6% - Industry AVG
Employees
with 3608 employees, this is above the industry average (21)
3608 - Towers Watson Limited
21 - Industry AVG
Pay Structure
on an average salary of £103.7k, the company has a higher pay structure (£52.6k)
£103.7k - Towers Watson Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £160.1k, this is more efficient (£124.4k)
£160.1k - Towers Watson Limited
£124.4k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (56 days)
50 days - Towers Watson Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (31 days)
13 days - Towers Watson Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Towers Watson Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
0 weeks - Towers Watson Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.3%, this is a lower level of debt than the average (52.7%)
44.3% - Towers Watson Limited
52.7% - Industry AVG
TOWERS WATSON LIMITED financials
Towers Watson Limited's latest turnover from December 2023 is £577.7 million and the company has net assets of £364 million. According to their latest financial statements, Towers Watson Limited has 3,608 employees and maintains cash reserves of £4.2 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 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 577,693,000 | 541,786,000 | 514,492,000 | 486,535,000 | 468,764,000 | 463,746,000 | 447,711,000 | 613,660,000 | 408,682,000 | 398,069,000 | 420,119,000 | 368,253,000 | 339,705,000 | 309,824,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 41,849,000 | 48,377,000 | 48,228,000 | 38,528,000 | 27,921,000 | 24,595,000 | 44,935,000 | 95,464,000 | 60,881,000 | 37,298,000 | 39,587,000 | 45,883,000 | 50,302,000 | 48,005,000 |
| Interest Payable | 0 | 284,000 | 456,000 | 223,000 | 813,000 | 824,000 | 280,000 | 3,539,000 | 3,515,000 | 3,479,000 | 5,066,000 | 514,000 | 269,000 | 13,394,000 |
| Interest Receivable | 17,139,000 | 5,355,000 | 159,000 | 411,000 | 2,226,000 | 4,915,000 | 4,925,000 | 8,411,000 | 2,010,000 | 3,936,000 | 1,222,000 | 2,863,000 | 3,576,000 | 2,339,000 |
| Pre-Tax Profit | 58,989,000 | 53,448,000 | 49,474,000 | 40,458,000 | 29,334,000 | 28,019,000 | 82,591,000 | 106,124,000 | 59,766,000 | 53,062,000 | 7,997,000 | 46,672,000 | 53,815,000 | 20,589,000 |
| Tax | -13,920,000 | -10,268,000 | -11,150,000 | -5,738,000 | -6,066,000 | -6,876,000 | -15,867,000 | -19,585,000 | -11,774,000 | -7,039,000 | -7,412,000 | -12,336,000 | -14,211,000 | -14,367,000 |
| Profit After Tax | 45,069,000 | 43,180,000 | 38,324,000 | 34,720,000 | 23,268,000 | 21,143,000 | 66,724,000 | 86,539,000 | 47,992,000 | 46,023,000 | 585,000 | 34,336,000 | 39,604,000 | 6,222,000 |
| Dividends Paid | 31,000,000 | 45,000,000 | 0 | 0 | 149,890,000 | 16,801,000 | 40,470,000 | 0 | 0 | 0 | 106,606,000 | 5,736,000 | 0 | 0 |
| Retained Profit | 14,069,000 | -1,820,000 | 38,324,000 | 34,720,000 | -126,622,000 | 4,342,000 | 26,254,000 | 86,539,000 | 47,992,000 | 46,023,000 | -106,021,000 | 28,600,000 | 39,604,000 | 6,222,000 |
| Employee Costs | 374,158,000 | 345,865,000 | 361,651,000 | 336,381,000 | 289,761,000 | 282,749,000 | 267,192,000 | 387,217,000 | 277,799,000 | 281,609,000 | 288,739,000 | 238,124,000 | 193,861,000 | 185,830,000 |
| Number Of Employees | 3,608 | 3,525 | 3,377 | 3,305 | 3,176 | 3,039 | 3,040 | 2,910 | 2,881 | 2,878 | 3,059 | 2,597 | 2,147 | 2,073 |
| EBITDA* | 60,806,000 | 68,487,000 | 70,869,000 | 62,776,000 | 37,607,000 | 46,329,000 | 67,323,000 | 124,796,000 | 89,609,000 | 66,547,000 | 69,662,000 | 50,229,000 | 77,716,000 | 65,363,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,180,000 | 20,120,000 | 23,618,000 | 31,246,000 | 36,207,000 | 38,650,000 | 33,199,000 | 16,771,000 | 15,723,000 | 12,079,000 | 12,443,000 | 13,918,000 | 5,423,000 | 6,561,000 |
| Intangible Assets | 21,837,000 | 35,629,000 | 49,701,000 | 64,332,000 | 79,024,000 | 91,220,000 | 105,461,000 | 118,547,000 | 139,310,000 | 162,766,000 | 186,463,000 | 210,159,000 | 235,336,000 | 208,363,000 |
| Investments & Other | 101,713,000 | 138,996,000 | 141,008,000 | 119,269,000 | 143,655,000 | 153,834,000 | 127,606,000 | 110,117,000 | 103,130,000 | 92,256,000 | 166,681,000 | 195,583,000 | 34,480,000 | 12,702,000 |
| Debtors (Due After 1 year) | 30,909,000 | 25,387,000 | 21,021,000 | 16,648,000 | 21,149,000 | 14,801,000 | 37,343,000 | 23,747,000 | 49,520,000 | 53,824,000 | 48,933,000 | 55,363,000 | 58,815,000 | 68,123,000 |
| Total Fixed Assets | 171,639,000 | 220,132,000 | 235,348,000 | 231,495,000 | 280,035,000 | 298,505,000 | 303,609,000 | 269,182,000 | 307,683,000 | 320,925,000 | 414,520,000 | 475,023,000 | 334,054,000 | 295,749,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 80,270,000 | 76,283,000 | 67,593,000 | 64,477,000 | 83,780,000 | 75,151,000 | 79,798,000 | 78,749,000 | 61,782,000 | 63,906,000 | 68,207,000 | 75,368,000 | 47,411,000 | 38,599,000 |
| Group Debtors | 321,458,000 | 251,975,000 | 277,240,000 | 274,726,000 | 161,840,000 | 345,994,000 | 308,400,000 | 235,683,000 | 41,415,000 | 22,457,000 | 52,404,000 | 34,580,000 | 14,815,000 | 0 |
| Misc Debtors | 47,583,000 | 54,506,000 | 41,409,000 | 45,663,000 | 49,527,000 | 48,142,000 | 48,546,000 | 48,553,000 | 45,807,000 | 44,594,000 | 42,672,000 | 47,439,000 | 38,507,000 | 24,061,000 |
| Cash | 4,239,000 | 3,934,000 | 28,331,000 | 27,338,000 | 25,319,000 | 26,584,000 | 29,983,000 | 21,276,000 | 242,260,000 | 194,708,000 | 53,041,000 | 113,953,000 | 64,551,000 | 6,915,000 |
| misc current assets | 28,000,000 | 25,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 481,550,000 | 411,698,000 | 414,573,000 | 412,204,000 | 320,466,000 | 495,871,000 | 466,727,000 | 384,261,000 | 391,264,000 | 325,665,000 | 216,324,000 | 271,340,000 | 165,284,000 | 69,575,000 |
| total assets | 653,189,000 | 631,830,000 | 649,921,000 | 643,699,000 | 600,501,000 | 794,376,000 | 770,336,000 | 653,443,000 | 698,947,000 | 646,590,000 | 630,844,000 | 746,363,000 | 499,338,000 | 365,324,000 |
| Bank overdraft | 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 |
| Trade Creditors | 11,581,000 | 8,721,000 | 5,188,000 | 5,896,000 | 6,098,000 | 3,332,000 | 1,689,000 | 1,386,000 | 1,640,000 | 1,201,000 | 1,757,000 | 2,083,000 | 19,704,000 | 1,085,000 |
| Group/Directors Accounts | 68,223,000 | 51,819,000 | 55,093,000 | 47,028,000 | 51,947,000 | 107,837,000 | 140,896,000 | 85,371,000 | 188,382,000 | 210,040,000 | 227,135,000 | 206,289,000 | 36,638,000 | 5,947,000 |
| other short term finances | 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 |
| other current liabilities | 171,610,000 | 155,341,000 | 154,762,000 | 144,287,000 | 129,707,000 | 122,720,000 | 112,688,000 | 87,815,000 | 94,332,000 | 77,144,000 | 77,271,000 | 78,305,000 | 45,272,000 | 36,721,000 |
| total current liabilities | 251,414,000 | 215,881,000 | 215,043,000 | 197,211,000 | 187,752,000 | 233,889,000 | 255,273,000 | 174,572,000 | 284,354,000 | 288,385,000 | 306,163,000 | 286,677,000 | 101,614,000 | 43,753,000 |
| loans | 0 | 0 | 0 | 6,005,000 | 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 |
| Accruals and Deferred Income | 13,249,000 | 17,304,000 | 19,525,000 | 10,600,000 | 7,839,000 | 7,897,000 | 3,518,000 | 1,776,000 | 5,485,000 | 3,176,000 | 6,219,000 | 7,710,000 | 12,786,000 | 446,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 24,564,000 | 28,447,000 | 32,267,000 | 29,463,000 | 29,207,000 | 28,056,000 | 24,311,000 | 24,678,000 | 22,265,000 | 21,130,000 | 20,772,000 | 26,160,000 | 26,771,000 | 10,885,000 |
| total long term liabilities | 37,813,000 | 45,751,000 | 51,792,000 | 46,068,000 | 37,046,000 | 35,953,000 | 27,829,000 | 26,454,000 | 27,750,000 | 32,444,000 | 29,928,000 | 33,870,000 | 39,557,000 | 20,332,000 |
| total liabilities | 289,227,000 | 261,632,000 | 266,835,000 | 243,279,000 | 224,798,000 | 269,842,000 | 283,102,000 | 201,026,000 | 312,104,000 | 320,829,000 | 336,091,000 | 320,547,000 | 141,171,000 | 64,085,000 |
| net assets | 363,962,000 | 370,198,000 | 383,086,000 | 400,420,000 | 375,703,000 | 524,534,000 | 487,234,000 | 452,417,000 | 386,843,000 | 325,761,000 | 294,753,000 | 425,816,000 | 358,167,000 | 301,239,000 |
| total shareholders funds | 363,962,000 | 370,198,000 | 383,086,000 | 400,420,000 | 375,703,000 | 524,534,000 | 487,234,000 | 452,417,000 | 386,843,000 | 325,761,000 | 294,753,000 | 425,816,000 | 358,167,000 | 301,239,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 41,849,000 | 48,377,000 | 48,228,000 | 38,528,000 | 27,921,000 | 24,595,000 | 44,935,000 | 95,464,000 | 60,881,000 | 37,298,000 | 39,587,000 | 45,883,000 | 50,302,000 | 48,005,000 |
| Depreciation | 5,165,000 | 6,038,000 | 8,010,000 | 9,556,000 | 8,764,000 | 7,492,000 | 8,208,000 | 8,520,000 | 4,928,000 | 5,552,000 | 6,379,000 | 4,173,000 | 3,390,000 | 3,566,000 |
| Amortisation | 13,792,000 | 14,072,000 | 14,631,000 | 14,692,000 | 922,000 | 14,242,000 | 14,180,000 | 20,812,000 | 23,800,000 | 23,697,000 | 23,696,000 | 173,000 | 24,024,000 | 13,792,000 |
| Tax | -13,920,000 | -10,268,000 | -11,150,000 | -5,738,000 | -6,066,000 | -6,876,000 | -15,867,000 | -19,585,000 | -11,774,000 | -7,039,000 | -7,412,000 | -12,336,000 | -14,211,000 | -14,367,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 72,069,000 | 888,000 | 5,749,000 | 85,218,000 | -167,792,000 | 10,001,000 | 87,355,000 | 188,208,000 | 13,743,000 | -27,435,000 | -534,000 | 53,202,000 | 28,765,000 | 130,783,000 |
| Creditors | 2,860,000 | 3,533,000 | -708,000 | -202,000 | 2,766,000 | 1,643,000 | 303,000 | -254,000 | 439,000 | -556,000 | -326,000 | -17,621,000 | 18,619,000 | 1,085,000 |
| Accruals and Deferred Income | 12,214,000 | -1,642,000 | 19,400,000 | 17,341,000 | 6,929,000 | 14,411,000 | 26,615,000 | -10,226,000 | 19,497,000 | -3,170,000 | -2,525,000 | 27,957,000 | 20,891,000 | 37,167,000 |
| Deferred Taxes & Provisions | -3,883,000 | -3,820,000 | 2,804,000 | 256,000 | 1,151,000 | 3,745,000 | -367,000 | 2,413,000 | 1,135,000 | 358,000 | -5,388,000 | -611,000 | 15,886,000 | 10,885,000 |
| Cash flow from operations | -13,992,000 | 55,402,000 | 75,466,000 | -10,785,000 | 210,179,000 | 49,251,000 | -9,348,000 | -91,064,000 | 85,163,000 | 83,575,000 | 54,545,000 | -5,584,000 | 90,136,000 | -30,650,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -37,283,000 | -2,012,000 | 21,739,000 | -24,386,000 | -10,179,000 | 26,228,000 | 17,489,000 | 6,987,000 | 10,874,000 | -74,425,000 | -28,902,000 | 161,103,000 | 21,778,000 | 12,702,000 |
| 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 | 16,404,000 | -3,274,000 | 8,065,000 | -4,919,000 | -55,890,000 | -33,059,000 | 55,525,000 | -103,011,000 | -21,658,000 | -17,095,000 | 20,846,000 | 169,651,000 | 30,691,000 | 5,947,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -6,005,000 | 6,005,000 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 17,139,000 | 5,071,000 | -297,000 | 188,000 | 1,413,000 | 4,091,000 | 4,645,000 | 4,872,000 | -1,505,000 | 457,000 | -3,844,000 | 2,349,000 | 3,307,000 | -11,055,000 |
| cash flow from financing | 13,238,000 | -9,271,000 | -53,895,000 | -8,729,000 | -76,686,000 | 3,990,000 | 68,733,000 | -119,104,000 | -10,073,000 | -31,653,000 | -8,040,000 | 211,049,000 | 51,322,000 | 289,909,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 305,000 | -24,397,000 | 993,000 | 2,019,000 | -1,265,000 | -3,399,000 | 8,707,000 | -220,984,000 | 47,552,000 | 141,667,000 | -60,912,000 | 49,402,000 | 57,636,000 | 6,915,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 305,000 | -24,397,000 | 993,000 | 2,019,000 | -1,265,000 | -3,399,000 | 8,707,000 | -220,984,000 | 47,552,000 | 141,667,000 | -60,912,000 | 49,402,000 | 57,636,000 | 6,915,000 |
towers watson limited Credit Report and Business Information
Towers Watson Limited Competitor Analysis
Perform a competitor analysis for towers watson limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in RH2 area or any other competitors across 12 key performance metrics.
towers watson limited Ownership
TOWERS WATSON LIMITED group structure
Towers Watson Limited has 5 subsidiary companies.
Ultimate parent company
CEDE & CO
#0149427
2 parents
TOWERS WATSON LIMITED
05379716
5 subsidiaries
towers watson limited directors
Towers Watson Limited currently has 5 directors. The longest serving directors include Mrs Charlotte Hodges (Nov 2019) and Mr Paul Morris (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Charlotte Hodges | 54 years | Nov 2019 | - | Director | |
| Mr Paul Morris | England | 60 years | May 2020 | - | Director |
| Mr Marco Boschetti | England | 57 years | Aug 2023 | - | Director |
| Mr Ian Spencer | 53 years | Oct 2023 | - | Director | |
| Mrs Jane Armstrong | United Kingdom | 66 years | Sep 2024 | - | Director |
P&L
December 2023turnover
577.7m
+7%
operating profit
41.8m
-13%
gross margin
44.7%
+1.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
364m
-0.02%
total assets
653.2m
+0.03%
cash
4.2m
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
towers watson limited company details
company number
05379716
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
March 2005
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
watson wyatt limited (March 2010)
watson wyatt (uk) limited (March 2005)
accountant
-
auditor
DELOITTE LLP
address
watson house, london road, reigate, surrey, RH2 9PQ
Bank
-
Legal Advisor
-
towers watson 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 did not find charges/mortgages relating to towers watson limited.
towers watson limited Companies House Filings - See Documents
| date | description | view/download |
|---|
