bdo services limited

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bdo services limited Company Information

Share BDO SERVICES LIMITED

Company Number

07020023

Shareholders

bdo llp ltd

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

55 baker street, london, W1U 7EU

bdo services limited Estimated Valuation

£829.3m

Pomanda estimates the enterprise value of BDO SERVICES LIMITED at £829.3m based on a Turnover of £679.1m and 1.22x industry multiple (adjusted for size and gross margin).

bdo services limited Estimated Valuation

£413.2m

Pomanda estimates the enterprise value of BDO SERVICES LIMITED at £413.2m based on an EBITDA of £46.2m and a 8.94x industry multiple (adjusted for size and gross margin).

bdo services limited Estimated Valuation

£94.9m

Pomanda estimates the enterprise value of BDO SERVICES LIMITED at £94.9m based on Net Assets of £44.5m and 2.13x industry multiple (adjusted for liquidity).

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Bdo Services Limited Overview

Bdo Services Limited is a live company located in london, W1U 7EU with a Companies House number of 07020023. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2009, it's largest shareholder is bdo llp ltd with a 100% stake. Bdo Services Limited is a established, mega sized company, Pomanda has estimated its turnover at £679.1m with healthy growth in recent years.

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Bdo Services Limited Health Check

Pomanda's financial health check has awarded Bdo Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

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Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £679.1m, make it larger than the average company (£4.3m)

£679.1m - Bdo Services Limited

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.3%)

14% - Bdo Services Limited

9.3% - Industry AVG

production

Production

with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)

37.6% - Bdo Services Limited

37.6% - Industry AVG

profitability

Profitability

an operating margin of 4.5% make it as profitable than the average company (5.4%)

4.5% - Bdo Services Limited

5.4% - Industry AVG

employees

Employees

with 7389 employees, this is above the industry average (26)

7389 - Bdo Services Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £68.9k, the company has a higher pay structure (£51k)

£68.9k - Bdo Services Limited

£51k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £91.9k, this is less efficient (£157.2k)

£91.9k - Bdo Services Limited

£157.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (38 days)

0 days - Bdo Services Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (31 days)

4 days - Bdo Services Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bdo Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (24 weeks)

23 weeks - Bdo Services Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.7%, this is a higher level of debt than the average (60%)

67.7% - Bdo Services Limited

60% - Industry AVG

BDO SERVICES LIMITED financials

EXPORTms excel logo

Bdo Services Limited's latest turnover from July 2024 is £679.1 million and the company has net assets of £44.5 million. According to their latest financial statements, Bdo Services Limited has 7,389 employees and maintains cash reserves of £28.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jun 2023Jul 2022Jul 2021Jul 2020Jul 2019Jun 2018Jun 2017Jul 2016Jul 2015Jul 2014Jul 2013Jun 2012Jul 2011Jul 2010
Turnover679,053,000625,533,000516,478,000462,200,000445,700,000361,100,000269,700,000256,700,000238,000,000248,000,000219,800,000175,682,000160,861,000160,479,00083,311,000
Other Income Or Grants
Cost Of Sales423,962,607387,260,664320,013,123292,735,362276,033,330225,519,703169,621,825159,415,523147,112,279156,615,536141,448,927113,327,072100,416,97398,085,40849,757,852
Gross Profit255,090,393238,272,336196,464,877169,464,638169,666,670135,580,297100,078,17597,284,47790,887,72191,384,46478,351,07362,354,92860,444,02762,393,59233,553,148
Admin Expenses224,292,393210,462,336172,949,877147,664,638152,166,670121,080,29788,178,17587,784,47785,404,22178,014,71471,546,31762,003,05860,210,03362,794,45432,957,892
Operating Profit30,798,00027,810,00023,515,00021,800,00017,500,00014,500,00011,900,0009,500,0005,483,50013,369,7506,804,756351,870233,994-400,862595,256
Interest Payable1,869,000791,000480,000600,0001,000,000500,000
Interest Receivable226,0004,00013,000100,000
Pre-Tax Profit29,155,00027,023,00023,048,00021,200,00016,600,00014,000,00011,900,0009,500,0006,100,00014,000,0008,200,0002,869,0003,096,0002,646,0002,225,000
Tax-8,956,000-5,945,000-5,127,000-5,400,000-4,100,000-3,300,000-2,500,000-2,200,000-1,700,000-3,300,000-3,100,000-2,863,000-2,913,000-3,035,000-1,789,000
Profit After Tax20,199,00021,078,00017,921,00015,800,00012,500,00010,700,0009,400,0007,300,0004,400,00010,700,0005,100,0006,000183,000-389,000436,000
Dividends Paid5,000,00012,500,00010,500,00020,400,0003,000,00010,500,0002,700,00013,300,000
Retained Profit20,199,00016,078,00017,921,0003,300,0002,000,000-9,700,0006,400,000-3,200,0001,700,000-2,600,0005,100,0006,000183,000-389,000436,000
Employee Costs509,060,000461,431,000865,000338,700,000301,700,000254,700,000202,400,000195,700,000183,900,000188,500,000172,200,000141,813,000127,798,000130,215,00066,435,000
Number Of Employees7,3897,0342005,4815,1634,6763,5823,4103,2733,3183,1072,5582,3372,3361,128
EBITDA*46,230,00043,591,00035,947,00030,900,00028,600,00019,200,00014,600,00011,400,0006,983,50013,369,7506,804,756351,870233,994-400,862595,256

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jun 2023Jul 2022Jul 2021Jul 2020Jul 2019Jun 2018Jun 2017Jul 2016Jul 2015Jul 2014Jul 2013Jun 2012Jul 2011Jul 2010
Tangible Assets16,957,00019,698,00046,070,00037,200,00012,800,0009,600,0006,800,0005,100,0005,000,0002,700,000
Intangible Assets30,441,00032,411,00014,982,00018,900,00026,200,00027,300,000300,000400,000400,000200,000
Investments & Other100,000100,000100,000900,000100,0002,100,000
Debtors (Due After 1 year)1,829,0001,237,000600,000
Total Fixed Assets49,327,00053,446,00061,752,00057,000,00039,100,00036,900,0007,100,0005,500,0005,400,0005,000,000
Stock & work in progress
Trade Debtors279,000362,00056,000100,000
Group Debtors41,578,00041,007,0001,643,00022,300,00010,800,00029,100,00020,500,00023,800,00013,300,00013,000,00024,400,00025,702,0008,148,00010,552,00012,071,000
Misc Debtors18,091,00013,510,0009,499,0006,900,00014,600,00015,500,0009,000,0005,400,0005,000,0005,800,0005,100,0004,008,0002,954,0003,175,0002,534,000
Cash28,413,0002,975,00011,797,0004,400,00023,800,0008,600,0004,800,0006,200,0004,600,0002,000,000100,0002,093,000625,0004,120,000
misc current assets
total current assets88,361,00057,854,00022,995,00033,700,00049,200,00053,200,00034,300,00035,400,00022,900,00020,800,00029,600,00029,710,00013,195,00014,352,00018,725,000
total assets137,688,000111,300,00084,747,00090,700,00088,300,00090,100,00041,400,00040,900,00028,300,00025,800,00029,600,00029,710,00013,195,00014,352,00018,725,000
Bank overdraft3,000,00023,000,00018,000,00010,748,000
Bank loan
Trade Creditors 5,610,0005,237,0004,472,0002,100,0003,000,0004,500,0003,000,0003,400,0004,100,0004,200,0006,700,000826,0001,536,0001,903,0001,584,000
Group/Directors Accounts10,786,00017,780,00010,808,0001,800,0001,900,0009,900,000
other short term finances600,000
hp & lease commitments3,909,0004,451,0004,255,0003,700,0003,900,000500,000800,000500,000300,000500,000
other current liabilities42,979,00030,104,00022,618,00038,500,00032,700,00041,000,00027,300,00025,100,00019,100,00018,100,00017,600,00017,890,00011,419,00012,392,00016,695,000
total current liabilities63,284,00057,572,00042,153,00047,300,00062,600,00066,400,00033,000,00038,900,00023,500,00022,800,00024,300,00029,464,00012,955,00014,295,00018,279,000
loans5,300,00013,900,00016,800,000
hp & lease commitments20,625,00018,800,00023,996,00024,400,000500,000700,000300,000200,000
Accruals and Deferred Income
other liabilities
provisions9,292,00010,640,00010,388,00010,400,00011,800,0008,900,000200,000
total long term liabilities29,917,00029,440,00034,384,00040,100,00025,700,00025,700,000700,000700,000300,000200,000
total liabilities93,201,00087,012,00076,537,00087,400,00088,300,00092,100,00033,700,00039,600,00023,800,00023,000,00024,300,00029,464,00012,955,00014,295,00018,279,000
net assets44,487,00024,288,0008,210,0003,300,000-2,000,0007,700,0001,300,0004,500,0002,800,0005,300,000246,000240,00057,000446,000
total shareholders funds44,487,00024,288,0008,210,0003,300,000-2,000,0007,700,0001,300,0004,500,0002,800,0005,300,000246,000240,00057,000446,000
Jul 2024Jun 2023Jul 2022Jul 2021Jul 2020Jul 2019Jun 2018Jun 2017Jul 2016Jul 2015Jul 2014Jul 2013Jun 2012Jul 2011Jul 2010
Operating Activities
Operating Profit30,798,00027,810,00023,515,00021,800,00017,500,00014,500,00011,900,0009,500,0005,483,50013,369,7506,804,756351,870233,994-400,862595,256
Depreciation11,664,00011,831,0008,502,0004,700,0006,100,0002,600,0002,400,0001,600,0001,300,000
Amortisation3,768,0003,950,0003,930,0004,400,0005,000,0002,100,000300,000300,000200,000
Tax-8,956,000-5,945,000-5,127,000-5,400,000-4,100,000-3,300,000-2,500,000-2,200,000-1,700,000-3,300,000-3,100,000-2,863,000-2,913,000-3,035,000-1,789,000
Stock
Debtors5,661,00044,318,000-17,502,0003,900,000-19,200,00015,100,000300,00010,900,000-500,000-10,700,000-210,00018,608,000-2,625,000-878,00014,605,000
Creditors373,000765,0002,372,000-900,000-1,500,0001,500,000-400,000-700,000-100,000-2,500,0005,874,000-710,000-367,000319,0001,584,000
Accruals and Deferred Income12,875,0007,486,000-15,882,0005,800,000-8,300,00013,700,0002,200,0006,000,0001,000,000500,000-290,0006,471,000-973,000-4,303,00016,695,000
Deferred Taxes & Provisions-1,348,000252,000-12,000-1,400,0002,900,0008,700,000200,000
Cash flow from operations43,513,0001,831,00034,800,00025,100,00036,800,00024,700,00013,800,0003,600,0006,683,50018,769,7509,498,756-15,358,130-1,394,006-6,541,8622,480,256
Investing Activities
capital expenditure-10,721,000-6,838,000-17,384,000-26,200,000-13,200,000-34,500,000-4,300,000-2,000,000-4,000,000-2,900,000
Change in Investments-800,000800,000100,000-2,100,0002,100,000
cash flow from investments-10,721,000-6,838,000-16,584,000-27,000,000-13,300,000-34,500,000-4,300,000-2,000,000-1,900,000-5,000,000
Financing Activities
Bank loans
Group/Directors Accounts-6,994,0006,972,00010,808,000-1,800,000-100,000-8,000,0009,900,000
Other Short Term Loans -600,000600,000
Long term loans-5,300,000-8,600,000-2,900,00016,800,000
Hire Purchase and Lease Commitments1,283,000-5,000,000151,00024,200,0003,400,000-800,000100,000600,000-100,000700,000
other long term liabilities
share issue-13,011,000100,000-46,00010,000
interest-1,643,000-787,000-467,000-600,000-900,000-500,000
cash flow from financing-7,354,0001,185,000-7,819,00015,000,000-2,800,00016,000,000-7,900,00010,500,000-100,000800,000-46,00010,000
cash and cash equivalents
cash25,438,000-8,822,0007,397,000-19,400,00015,200,0003,800,000-1,400,0001,600,0002,600,0001,900,000100,000-2,093,0001,468,000-3,495,0004,120,000
overdraft-3,000,000-20,000,0005,000,00018,000,000-10,748,00010,748,000
change in cash25,438,000-8,822,00010,397,000600,00010,200,000-14,200,000-1,400,0001,600,0002,600,0001,900,00010,848,000-12,841,0001,468,000-3,495,0004,120,000

bdo services limited 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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Bdo Services Limited Competitor Analysis

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Perform a competitor analysis for bdo services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in W1U area or any other competitors across 12 key performance metrics.

bdo services limited Ownership

BDO SERVICES LIMITED Shareholders

bdo llp ltd 100%

bdo services limited directors

Bdo Services Limited currently has 6 directors. The longest serving directors include Mr Andrew Butterworth (Jun 2014) and Mr Scott Knight (Oct 2016).

officercountryagestartendrole
Mr Andrew Butterworth60 years Jun 2014- Director
Mr Scott Knight54 years Oct 2016- Director
Mr Stuart Collins55 years Jul 2020- Director
Mr Ryan Ferguson43 years Mar 2021- Director
Mr Simon Gallagher59 years Jul 2022- Director
Mr Nicholas Poulter49 years Oct 2024- Director

P&L

July 2024

turnover

679.1m

+9%

operating profit

30.8m

+11%

gross margin

37.6%

-1.38%

turnover

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

Balance Sheet

July 2024

net assets

44.5m

+0.83%

total assets

137.7m

+0.24%

cash

28.4m

+8.55%

net assets

Total assets minus all liabilities

bdo services limited company details

company number

07020023

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

September 2009

age

16

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

55 baker street, london, W1U 7EU

Bank

-

Legal Advisor

-

bdo services 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 bdo services limited.

bdo services 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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bdo services limited Companies House Filings - See Documents

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