hogarth worldwide limited
hogarth worldwide limited Company Information
Company Number
06872427
Next Accounts
52 days late
Industry
Activities of head offices
Advertising agencies
Shareholders
wpp group (uk) ltd
Group Structure
View All
Contact
Registered Address
6 brewhouse yard, london, EC1V 4DG
Website
http://www.hogarth.comhogarth worldwide limited Estimated Valuation
Pomanda estimates the enterprise value of HOGARTH WORLDWIDE LIMITED at £349.2m based on a Turnover of £201.1m and 1.74x industry multiple (adjusted for size and gross margin).
hogarth worldwide limited Estimated Valuation
Pomanda estimates the enterprise value of HOGARTH WORLDWIDE LIMITED at £29.5m based on an EBITDA of £2.7m and a 11.01x industry multiple (adjusted for size and gross margin).
hogarth worldwide limited Estimated Valuation
Pomanda estimates the enterprise value of HOGARTH WORLDWIDE LIMITED at £38.8m based on Net Assets of £17.1m and 2.28x industry multiple (adjusted for liquidity).
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Hogarth Worldwide Limited Overview
Hogarth Worldwide Limited is a live company located in london, EC1V 4DG with a Companies House number of 06872427. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2009, it's largest shareholder is wpp group (uk) ltd with a 100% stake. Hogarth Worldwide Limited is a established, mega sized company, Pomanda has estimated its turnover at £201.1m with healthy growth in recent years.
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Hogarth Worldwide Limited Health Check
Pomanda's financial health check has awarded Hogarth Worldwide Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £201.1m, make it larger than the average company (£14.4m)
£201.1m - Hogarth Worldwide Limited
£14.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.1%)
5% - Hogarth Worldwide Limited
2.1% - Industry AVG
Production
with a gross margin of 62.9%, this company has a lower cost of product (39.9%)
62.9% - Hogarth Worldwide Limited
39.9% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (6.2%)
-1.6% - Hogarth Worldwide Limited
6.2% - Industry AVG
Employees
with 1173 employees, this is above the industry average (80)
1173 - Hogarth Worldwide Limited
80 - Industry AVG
Pay Structure
on an average salary of £91k, the company has a higher pay structure (£54.5k)
£91k - Hogarth Worldwide Limited
£54.5k - Industry AVG
Efficiency
resulting in sales per employee of £171.5k, this is equally as efficient (£181.8k)
£171.5k - Hogarth Worldwide Limited
£181.8k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (56 days)
53 days - Hogarth Worldwide Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (45 days)
15 days - Hogarth Worldwide Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hogarth Worldwide Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (17 weeks)
1 weeks - Hogarth Worldwide Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.1%, this is a higher level of debt than the average (62.8%)
83.1% - Hogarth Worldwide Limited
62.8% - Industry AVG
HOGARTH WORLDWIDE LIMITED financials
Hogarth Worldwide Limited's latest turnover from December 2022 is £201.1 million and the company has net assets of £17.1 million. According to their latest financial statements, Hogarth Worldwide Limited has 1,173 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 201,142,000 | 181,877,000 | 161,202,000 | 173,217,000 | 169,193,000 | 154,378,000 | 102,808,000 | 80,640,000 | 69,850,000 | 67,243,000 | 55,894,000 | 40,540,000 | 22,637,000 | 4,244,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 74,595,000 | 61,227,000 | 55,961,000 | 67,986,000 | 76,585,000 | 73,272,000 | 38,238,000 | 31,196,000 | 23,766,000 | 20,181,000 | 16,759,000 | 8,721,000 | 3,874,000 | 780,000 |
| Gross Profit | 126,547,000 | 120,650,000 | 105,241,000 | 105,231,000 | 92,608,000 | 81,106,000 | 64,570,000 | 49,444,000 | 46,084,000 | 47,062,000 | 39,135,000 | 31,819,000 | 18,763,000 | 3,464,000 |
| Admin Expenses | 129,731,000 | 117,891,000 | 112,064,000 | 111,253,000 | 91,371,000 | 77,089,000 | 67,556,000 | 53,400,000 | 42,691,000 | 34,170,000 | 34,479,000 | 27,769,000 | 18,974,000 | 3,681,000 |
| Operating Profit | -3,184,000 | 2,759,000 | -6,823,000 | -6,022,000 | 1,237,000 | 4,017,000 | -2,986,000 | -3,956,000 | 3,393,000 | 12,892,000 | 4,656,000 | 4,050,000 | -211,000 | -217,000 |
| Interest Payable | 619,000 | 257,000 | 958,000 | 1,449,000 | 881,000 | 934,000 | 993,000 | 835,000 | 624,000 | 486,000 | 494,000 | 347,000 | 177,000 | 20,000 |
| Interest Receivable | 7,259,000 | 8,552,000 | 7,795,000 | 8,091,000 | 2,978,000 | 393,000 | 501,000 | 516,000 | 375,000 | 320,000 | 164,000 | 14,000 | 10,000 | 0 |
| Pre-Tax Profit | 3,456,000 | 11,054,000 | 14,000 | 620,000 | 3,334,000 | 3,476,000 | -3,478,000 | -4,275,000 | 3,144,000 | 12,726,000 | 4,326,000 | 3,717,000 | -378,000 | -237,000 |
| Tax | -218,000 | 435,000 | 525,000 | -92,000 | -13,000 | -1,093,000 | -901,000 | 901,000 | -1,357,000 | -2,613,000 | -1,402,000 | -1,046,000 | -56,000 | 56,000 |
| Profit After Tax | 3,238,000 | 11,489,000 | 539,000 | 528,000 | 3,321,000 | 2,383,000 | -4,379,000 | -3,374,000 | 1,787,000 | 10,113,000 | 2,924,000 | 2,671,000 | -434,000 | -181,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 7,259,000 | 0 | 0 | 965,000 | 241,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,238,000 | 11,489,000 | 539,000 | 528,000 | 3,321,000 | -4,876,000 | -4,379,000 | -3,374,000 | 822,000 | 9,872,000 | 2,924,000 | 2,671,000 | -434,000 | -181,000 |
| Employee Costs | 106,774,000 | 97,390,000 | 84,343,000 | 78,305,000 | 65,104,000 | 52,733,000 | 41,012,000 | 29,754,000 | 26,822,000 | 24,210,000 | 13,992,000 | 18,274,000 | 12,767,000 | 2,458,000 |
| Number Of Employees | 1,173 | 1,024 | 1,018 | 1,030 | 824 | 809 | 649 | 564 | 612 | 577 | 447 | 308 | 210 | 57 |
| EBITDA* | 2,679,000 | 5,892,000 | -3,935,000 | -3,197,000 | 3,591,000 | 6,441,000 | 276,000 | -190,000 | 7,114,000 | 16,087,000 | 7,254,000 | 5,759,000 | 725,000 | -4,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 23,727,000 | 15,883,000 | 9,242,000 | 16,030,000 | 4,229,000 | 3,409,000 | 4,008,000 | 4,060,000 | 6,141,000 | 6,821,000 | 6,216,000 | 4,291,000 | 3,745,000 | 2,004,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 1,000 | 12,000 | 195,000 | 1,917,000 | 2,681,000 | 1,556,000 | 1,213,000 | 656,000 | 63,000 | 0 |
| Investments & Other | 9,615,000 | 6,693,000 | 1,158,000 | 1,138,000 | 1,138,000 | 1,138,000 | 1,138,000 | 1,634,000 | 1,631,000 | 1,531,000 | 1,090,000 | 2,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,000 |
| Total Fixed Assets | 33,342,000 | 22,576,000 | 10,400,000 | 17,168,000 | 5,368,000 | 4,559,000 | 5,341,000 | 7,611,000 | 10,453,000 | 9,908,000 | 8,519,000 | 4,949,000 | 3,808,000 | 2,060,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 417,000 | 239,000 | 4,000 | 33,000 | 0 | 0 |
| Trade Debtors | 29,263,000 | 22,663,000 | 26,869,000 | 27,323,000 | 29,963,000 | 32,432,000 | 25,483,000 | 12,958,000 | 8,039,000 | 6,107,000 | 8,181,000 | 4,947,000 | 3,940,000 | 1,380,000 |
| Group Debtors | 20,975,000 | 11,093,000 | 10,512,000 | 13,676,000 | 13,594,000 | 18,470,000 | 21,801,000 | 18,949,000 | 29,269,000 | 21,634,000 | 11,930,000 | 10,125,000 | 2,774,000 | 262,000 |
| Misc Debtors | 16,010,000 | 10,989,000 | 10,543,000 | 13,971,000 | 4,588,000 | 3,198,000 | 2,780,000 | 10,710,000 | 5,129,000 | 7,432,000 | 5,518,000 | 2,858,000 | 1,599,000 | 1,460,000 |
| Cash | 1,425,000 | 19,637,000 | 6,651,000 | 911,000 | 11,556,000 | 9,228,000 | 6,347,000 | 2,743,000 | 3,311,000 | 2,830,000 | 3,820,000 | 5,232,000 | 662,000 | 420,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 1,168,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 67,673,000 | 64,382,000 | 54,575,000 | 55,881,000 | 59,701,000 | 63,328,000 | 57,579,000 | 45,360,000 | 46,165,000 | 38,242,000 | 29,453,000 | 23,195,000 | 8,975,000 | 3,522,000 |
| total assets | 101,015,000 | 86,958,000 | 64,975,000 | 73,049,000 | 65,069,000 | 67,887,000 | 62,920,000 | 52,971,000 | 56,618,000 | 48,150,000 | 37,972,000 | 28,144,000 | 12,783,000 | 5,582,000 |
| Bank overdraft | 15,060,000 | 7,604,000 | 11,121,000 | 22,336,000 | 5,560,000 | 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 | 3,218,000 | 4,685,000 | 4,595,000 | 2,889,000 | 3,001,000 | 3,459,000 | 3,125,000 | 1,767,000 | 2,186,000 | 1,937,000 | 2,982,000 | 2,217,000 | 1,886,000 | 690,000 |
| Group/Directors Accounts | 16,099,000 | 20,038,000 | 6,315,000 | 4,228,000 | 10,145,000 | 18,462,000 | 14,911,000 | 5,757,000 | 7,567,000 | 5,803,000 | 5,098,000 | 3,826,000 | 1,906,000 | 95,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,835,000 | 1,740,000 | 3,375,000 | 3,299,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65,000 | 96,000 |
| other current liabilities | 34,050,000 | 29,690,000 | 31,088,000 | 27,246,000 | 27,033,000 | 18,446,000 | 12,018,000 | 10,263,000 | 11,196,000 | 10,665,000 | 8,280,000 | 5,210,000 | 3,018,000 | 1,046,000 |
| total current liabilities | 70,262,000 | 63,757,000 | 56,494,000 | 59,998,000 | 45,739,000 | 40,367,000 | 30,054,000 | 17,787,000 | 20,949,000 | 18,405,000 | 16,360,000 | 11,253,000 | 6,875,000 | 1,927,000 |
| loans | 0 | 0 | 0 | 0 | 9,557,000 | 18,156,000 | 18,627,000 | 16,566,000 | 13,677,000 | 8,583,000 | 10,322,000 | 8,525,000 | 4,250,000 | 1,500,000 |
| hp & lease commitments | 13,696,000 | 5,485,000 | 2,310,000 | 7,281,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,000 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 13,696,000 | 5,485,000 | 2,310,000 | 7,281,000 | 9,557,000 | 18,156,000 | 18,627,000 | 16,566,000 | 13,677,000 | 8,583,000 | 10,322,000 | 8,525,000 | 4,250,000 | 1,563,000 |
| total liabilities | 83,958,000 | 69,242,000 | 58,804,000 | 67,279,000 | 55,296,000 | 58,523,000 | 48,681,000 | 34,353,000 | 34,626,000 | 26,988,000 | 26,682,000 | 19,778,000 | 11,125,000 | 3,490,000 |
| net assets | 17,057,000 | 17,716,000 | 6,171,000 | 5,770,000 | 9,773,000 | 9,364,000 | 14,239,000 | 18,618,000 | 21,992,000 | 21,162,000 | 11,290,000 | 8,366,000 | 1,658,000 | 2,092,000 |
| total shareholders funds | 17,057,000 | 17,716,000 | 6,171,000 | 5,770,000 | 9,773,000 | 9,364,000 | 14,239,000 | 18,618,000 | 21,992,000 | 21,162,000 | 11,290,000 | 8,366,000 | 1,658,000 | 2,092,000 |
| 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 | -3,184,000 | 2,759,000 | -6,823,000 | -6,022,000 | 1,237,000 | 4,017,000 | -2,986,000 | -3,956,000 | 3,393,000 | 12,892,000 | 4,656,000 | 4,050,000 | -211,000 | -217,000 |
| Depreciation | 5,863,000 | 3,133,000 | 2,888,000 | 2,824,000 | 2,343,000 | 2,241,000 | 2,341,000 | 2,729,000 | 2,975,000 | 2,762,000 | 2,316,000 | 1,643,000 | 936,000 | 213,000 |
| Amortisation | 0 | 0 | 0 | 1,000 | 11,000 | 183,000 | 921,000 | 1,037,000 | 746,000 | 433,000 | 282,000 | 66,000 | 0 | |
| Tax | -218,000 | 435,000 | 525,000 | -92,000 | -13,000 | -1,093,000 | -901,000 | 901,000 | -1,357,000 | -2,613,000 | -1,402,000 | -1,046,000 | -56,000 | 56,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -417,000 | 178,000 | 235,000 | -29,000 | 33,000 | 0 | 0 |
| Debtors | 21,503,000 | -3,179,000 | -7,046,000 | 6,825,000 | -5,955,000 | 4,036,000 | 7,447,000 | 180,000 | 7,264,000 | 9,544,000 | 7,699,000 | 9,617,000 | 5,155,000 | 3,158,000 |
| Creditors | -1,467,000 | 90,000 | 1,706,000 | -112,000 | -458,000 | 334,000 | 1,358,000 | -419,000 | 249,000 | -1,045,000 | 765,000 | 331,000 | 1,196,000 | 690,000 |
| Accruals and Deferred Income | 4,360,000 | -1,398,000 | 3,842,000 | 213,000 | 8,587,000 | 6,428,000 | 1,755,000 | -933,000 | 531,000 | 2,385,000 | 3,070,000 | 2,192,000 | 1,972,000 | 1,046,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -16,149,000 | 8,198,000 | 9,184,000 | -10,013,000 | 17,662,000 | 8,074,000 | -4,959,000 | -404,000 | -905,000 | 5,035,000 | 2,017,000 | -2,414,000 | -1,370,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | -4,238,000 | -5,090,000 | -6,181,000 | -2,874,000 | -2,740,000 | -1,394,000 | ||||||||
| Change in Investments | 2,922,000 | 5,535,000 | 20,000 | 0 | 0 | 0 | -496,000 | 3,000 | 100,000 | 441,000 | 1,088,000 | 2,000 | 0 | 0 |
| cash flow from investments | -4,338,000 | -5,531,000 | -7,269,000 | -2,876,000 | -2,740,000 | -1,394,000 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,939,000 | 13,723,000 | 2,087,000 | -5,917,000 | -8,317,000 | 3,551,000 | 9,154,000 | -1,810,000 | 1,764,000 | 705,000 | 1,272,000 | 1,920,000 | 1,811,000 | 95,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -9,557,000 | -8,599,000 | -471,000 | 2,061,000 | 2,889,000 | 5,094,000 | -1,739,000 | 1,797,000 | 4,275,000 | 2,750,000 | 1,500,000 |
| Hire Purchase and Lease Commitments | 8,306,000 | 1,540,000 | -4,895,000 | 10,580,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -65,000 | -94,000 | 159,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 6,640,000 | 8,295,000 | 6,837,000 | 6,642,000 | 2,097,000 | -541,000 | -492,000 | -319,000 | -249,000 | -166,000 | -330,000 | -333,000 | -167,000 | -20,000 |
| cash flow from financing | 7,110,000 | 23,614,000 | 3,891,000 | -2,783,000 | -17,731,000 | 2,540,000 | 10,723,000 | 760,000 | 6,617,000 | -1,200,000 | 2,739,000 | 9,834,000 | 4,300,000 | 4,007,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -18,212,000 | 12,986,000 | 5,740,000 | -10,645,000 | 2,328,000 | 2,881,000 | 3,604,000 | -568,000 | 481,000 | -990,000 | -1,412,000 | 4,570,000 | 242,000 | 420,000 |
| overdraft | 7,456,000 | -3,517,000 | -11,215,000 | 16,776,000 | 5,560,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -25,668,000 | 16,503,000 | 16,955,000 | -27,421,000 | -3,232,000 | 2,881,000 | 3,604,000 | -568,000 | 481,000 | -990,000 | -1,412,000 | 4,570,000 | 242,000 | 420,000 |
hogarth worldwide limited Credit Report and Business Information
Hogarth Worldwide Limited Competitor Analysis
Perform a competitor analysis for hogarth worldwide limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in EC1V area or any other competitors across 12 key performance metrics.
hogarth worldwide limited Ownership
HOGARTH WORLDWIDE LIMITED group structure
Hogarth Worldwide Limited has 1 subsidiary company.
Ultimate parent company
WPP PLC
#0077732
2 parents
HOGARTH WORLDWIDE LIMITED
06872427
1 subsidiary
hogarth worldwide limited directors
Hogarth Worldwide Limited currently has 4 directors. The longest serving directors include Mr Richard Glasson (Apr 2011) and Mr Nicholas Douglas (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Glasson | England | 55 years | Apr 2011 | - | Director |
| Mr Nicholas Douglas | United Kingdom | 59 years | Sep 2022 | - | Director |
| Ms Laurel Wooten | England | 39 years | Oct 2022 | - | Director |
| Mr Alexander Ashby | United Kingdom | 39 years | Jul 2023 | - | Director |
P&L
December 2022turnover
201.1m
+11%
operating profit
-3.2m
-215%
gross margin
63%
-5.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
17.1m
-0.04%
total assets
101m
+0.16%
cash
1.4m
-0.93%
net assets
Total assets minus all liabilities
hogarth worldwide limited company details
company number
06872427
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
73110 - Advertising agencies
incorporation date
April 2009
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
de facto 1690 limited (July 2009)
accountant
-
auditor
DELOITTE LLP
address
6 brewhouse yard, london, EC1V 4DG
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
hogarth worldwide 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 hogarth worldwide limited.
hogarth worldwide limited Companies House Filings - See Documents
| date | description | view/download |
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