equals group plc
equals group plc Company Information
Company Number
08922461
Next Accounts
Jun 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
undisclosed
pembar ltd
View AllGroup Structure
View All
Contact
Registered Address
third floor thames house vintner, 68 upper thames street, london, EC4V 3BJ
Website
www.equalsplc.comequals group plc Estimated Valuation
Pomanda estimates the enterprise value of EQUALS GROUP PLC at £284.4m based on a Turnover of £95.7m and 2.97x industry multiple (adjusted for size and gross margin).
equals group plc Estimated Valuation
Pomanda estimates the enterprise value of EQUALS GROUP PLC at £188.7m based on an EBITDA of £17.2m and a 10.96x industry multiple (adjusted for size and gross margin).
equals group plc Estimated Valuation
Pomanda estimates the enterprise value of EQUALS GROUP PLC at £75.9m based on Net Assets of £57.7m and 1.31x industry multiple (adjusted for liquidity).
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Equals Group Plc Overview
Equals Group Plc is a live company located in london, EC4V 3BJ with a Companies House number of 08922461. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2014, it's largest shareholder is undisclosed with a 66.7% stake. Equals Group Plc is a established, large sized company, Pomanda has estimated its turnover at £95.7m with rapid growth in recent years.
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Equals Group Plc Health Check
Pomanda's financial health check has awarded Equals Group Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
5 Regular
0 Weak
Size
annual sales of £95.7m, make it larger than the average company (£5.5m)
£95.7m - Equals Group Plc
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (4.9%)
49% - Equals Group Plc
4.9% - Industry AVG
Production
with a gross margin of 54.7%, this company has a comparable cost of product (54%)
54.7% - Equals Group Plc
54% - Industry AVG
Profitability
an operating margin of 9.3% make it as profitable than the average company (9.1%)
9.3% - Equals Group Plc
9.1% - Industry AVG
Employees
with 341 employees, this is above the industry average (14)
341 - Equals Group Plc
14 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£82.7k)
£66.7k - Equals Group Plc
£82.7k - Industry AVG
Efficiency
resulting in sales per employee of £280.7k, this is more efficient (£224.3k)
£280.7k - Equals Group Plc
£224.3k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (33 days)
21 days - Equals Group Plc
33 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is close to average (44 days)
40 days - Equals Group Plc
44 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (30 days)
3 days - Equals Group Plc
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is average cash available to meet short term requirements (30 weeks)
35 weeks - Equals Group Plc
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.2%, this is a lower level of debt than the average (70.1%)
34.2% - Equals Group Plc
70.1% - Industry AVG
EQUALS GROUP PLC financials
Equals Group Plc's latest turnover from December 2023 is £95.7 million and the company has net assets of £57.7 million. According to their latest financial statements, Equals Group Plc has 341 employees and maintains cash reserves of £18.7 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 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 95,711,000 | 69,682,000 | 44,091,000 | 28,959,000 | 30,944,724 | 26,092,392 | 15,460,735 | 10,194,974 | 7,972,906 | 5,480,816 | 3,930,213 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 43,385,000 | 36,027,000 | 20,071,000 | 10,670,000 | 10,378,265 | 8,551,315 | 3,525,676 | 2,725,788 | 2,278,845 | 1,666,109 | 1,157,263 |
| Gross Profit | 52,326,000 | 33,655,000 | 24,020,000 | 18,289,000 | 20,566,459 | 17,541,077 | 11,935,059 | 7,469,186 | 5,694,061 | 3,814,707 | 2,772,950 |
| Admin Expenses | 43,392,000 | 29,959,000 | 27,347,000 | 26,944,000 | 28,291,478 | 15,772,910 | |||||
| Operating Profit | 8,934,000 | 3,696,000 | -3,327,000 | -8,655,000 | -7,725,019 | 1,768,167 | |||||
| Interest Payable | 166,000 | 280,000 | 490,000 | 391,000 | 233,564 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 9,148,000 | 3,416,000 | -3,817,000 | -9,046,000 | -7,958,583 | 1,768,167 | 229,449 | -1,440,190 | -3,395,398 | -2,830,046 | 129,261 |
| Tax | -1,402,000 | 135,000 | 1,555,000 | 2,115,000 | 2,586,885 | 849,499 | 217,687 | 0 | 0 | 0 | 0 |
| Profit After Tax | 7,746,000 | 3,551,000 | -2,262,000 | -6,931,000 | -5,371,698 | 2,617,666 | 447,136 | -1,440,190 | -3,395,398 | -2,830,046 | 129,261 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,746,000 | 3,237,000 | -2,424,000 | -6,931,000 | -5,342,074 | 2,617,666 | 447,136 | -1,440,190 | -3,395,398 | -2,830,046 | 129,261 |
| Employee Costs | 22,756,000 | 22,461,000 | 18,730,000 | 19,478,000 | 11,639,121 | 7,900,288 | 5,944,961 | 4,015,602 | 3,452,431 | 2,614,872 | 1,508,980 |
| Number Of Employees | 341 | 285 | 255 | 311 | 331 | 218 | 101 | 66 | 65 | 53 | 36 |
| EBITDA* | 17,210,000 | 10,093,000 | 2,952,000 | -7,228,000 | -4,464,553 | 3,286,939 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,032,000 | 8,168,000 | 8,029,000 | 14,093,000 | 13,799,412 | 3,837,468 | 649,492 | 75,258 | 80,754 | 112,759 | 34,152 |
| Intangible Assets | 48,510,000 | 30,008,000 | 30,960,000 | 34,850,000 | 33,324,137 | 27,107,873 | 17,649,128 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 956,000 | 1,831,000 | 949,000 | 9,254,000 | 2,438,859 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 50,586,000 | 36,345,000 | 38,040,000 | 45,750,000 | 44,684,690 | 30,945,341 | 18,298,620 | 75,258 | 80,754 | 112,759 | 34,152 |
| Stock & work in progress | 372,000 | 292,000 | 168,000 | 194,000 | 263,971 | 286,713 | 199,747 | 229,905 | 95,094 | 161,149 | 76,281 |
| Trade Debtors | 5,642,000 | 3,434,000 | 3,176,000 | 2,444,000 | 1,755,650 | 3,122,797 | 2,419,594 | 1,922,977 | 1,046,473 | 1,013,080 | 8,481,405 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,789,000 | 6,840,000 | 5,080,000 | 7,142,000 | 9,592,099 | 4,027,953 | 1,360,174 | 1,078,425 | 918,530 | 624,098 | 554,069 |
| Cash | 18,662,000 | 15,044,000 | 13,104,000 | 10,032,000 | 11,265,266 | 7,860,368 | 17,803,063 | 8,523,985 | 3,615,056 | 4,085,137 | 2,006,288 |
| misc current assets | 4,760,000 | 5,616,000 | 2,593,000 | 3,019,000 | 4,560,780 | 1,181,892 | 303,775 | 223,884 | 115,711 | 47,141 | 0 |
| total current assets | 37,225,000 | 31,226,000 | 24,518,000 | 24,198,000 | 27,437,766 | 16,479,723 | 22,086,353 | 11,979,176 | 5,790,864 | 5,930,605 | 11,118,043 |
| total assets | 87,811,000 | 67,571,000 | 62,558,000 | 69,948,000 | 72,122,456 | 47,425,064 | 40,384,973 | 12,054,434 | 5,871,618 | 6,043,364 | 11,152,195 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 400,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,847,000 | 4,767,000 | 3,583,000 | 12,110,000 | 5,470,931 | 3,840,175 | 2,840,845 | 6,803,255 | 3,950,139 | 3,232,827 | 9,421,016 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 4,402,000 | 0 | 0 | 0 | 4,188,394 | 0 | 0 | 0 | 0 | 334,882 | 446,510 |
| hp & lease commitments | 750,000 | 780,000 | 778,000 | 897,000 | 811,628 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 17,338,000 | 15,703,000 | 10,562,000 | 3,050,000 | 2,476,433 | 3,417,912 | 1,825,036 | 858,923 | 1,213,027 | 615,020 | 485,891 |
| total current liabilities | 27,337,000 | 21,250,000 | 15,323,000 | 16,057,000 | 12,947,386 | 7,258,087 | 4,665,881 | 7,662,178 | 5,163,166 | 4,182,729 | 10,353,417 |
| loans | 5,460,000 | 6,834,000 | 12,168,000 | 15,018,000 | 12,863,156 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,730,000 | 3,417,000 | 4,484,000 | 5,509,000 | 6,431,578 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 7,480,000 | 6,453,172 | 3,801,214 | 1,347,322 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,730,000 | 3,417,000 | 6,084,000 | 11,249,000 | 9,658,164 | 1,900,607 | 673,661 | 0 | 0 | 0 | 0 |
| total liabilities | 30,067,000 | 24,667,000 | 21,407,000 | 27,306,000 | 22,605,550 | 9,158,694 | 5,339,542 | 7,662,178 | 5,163,166 | 4,182,729 | 10,353,417 |
| net assets | 57,744,000 | 42,904,000 | 40,888,000 | 42,541,000 | 49,398,080 | 38,266,370 | 35,045,431 | 4,392,256 | 708,452 | 1,860,635 | 798,778 |
| total shareholders funds | 57,744,000 | 42,904,000 | 40,888,000 | 42,541,000 | 49,398,080 | 38,266,370 | 35,045,431 | 4,392,256 | 708,452 | 1,860,635 | 798,778 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 8,934,000 | 3,696,000 | -3,327,000 | -8,655,000 | -7,725,019 | 1,768,167 | |||||
| Depreciation | 536,000 | 389,000 | 467,000 | 1,427,000 | 429,879 | 200,123 | 51,727 | 0 | 55,165 | 55,537 | 23,558 |
| Amortisation | 7,740,000 | 6,008,000 | 5,812,000 | 0 | 2,830,587 | 1,318,649 | 22,117 | 0 | 0 | 0 | 0 |
| Tax | -1,402,000 | 135,000 | 1,555,000 | 2,115,000 | 2,586,885 | 849,499 | 217,687 | 0 | 0 | 0 | 0 |
| Stock | 80,000 | 124,000 | -26,000 | -69,971 | -22,742 | 86,966 | -30,158 | 134,811 | -66,055 | 84,868 | 76,281 |
| Debtors | 2,282,000 | 2,900,000 | -9,635,000 | 5,053,392 | 6,635,858 | 3,370,982 | 778,366 | 1,036,399 | 327,825 | -7,398,296 | 9,035,474 |
| Creditors | 80,000 | 1,184,000 | -8,527,000 | 6,639,069 | 1,630,756 | 999,330 | -3,962,410 | 2,853,116 | 717,312 | -6,188,189 | 9,421,016 |
| Accruals and Deferred Income | 1,635,000 | 5,141,000 | 7,512,000 | 573,567 | -941,479 | 1,592,876 | 966,113 | -354,104 | 598,007 | 129,129 | 485,891 |
| Deferred Taxes & Provisions | 0 | 0 | -7,480,000 | 1,026,828 | 2,651,958 | 2,453,892 | 1,347,322 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 15,161,000 | 13,529,000 | 5,673,000 | -1,856,957 | -5,149,549 | 5,724,588 | |||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | -400,000 | 400,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 4,402,000 | 0 | 0 | -4,188,394 | 4,188,394 | 0 | 0 | 0 | -334,882 | -111,628 | 446,510 |
| Long term loans | -1,374,000 | -5,334,000 | -2,850,000 | 2,154,844 | 12,863,156 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -717,000 | -1,065,000 | -1,144,000 | -837,206 | 7,243,206 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -166,000 | -280,000 | -490,000 | -391,000 | -233,564 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 9,239,000 | -8,300,000 | -3,313,000 | -3,187,836 | 40,534,976 | 603,273 | 30,206,039 | 5,123,994 | 1,908,333 | 3,780,275 | 1,116,027 |
| cash and cash equivalents | |||||||||||
| cash | 3,618,000 | 1,940,000 | 3,072,000 | -1,233,266 | 3,404,898 | -9,942,695 | 9,279,078 | 4,908,929 | -470,081 | 2,078,849 | 2,006,288 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,618,000 | 1,940,000 | 3,072,000 | -1,233,266 | 3,404,898 | -9,942,695 | 9,279,078 | 4,908,929 | -470,081 | 2,078,849 | 2,006,288 |
equals group plc Credit Report and Business Information
Equals Group Plc Competitor Analysis
Perform a competitor analysis for equals group plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4V area or any other competitors across 12 key performance metrics.
equals group plc Ownership
EQUALS GROUP PLC group structure
Equals Group Plc has 12 subsidiary companies.
Ultimate parent company
EQUALS GROUP PLC
08922461
12 subsidiaries
equals group plc directors
Equals Group Plc currently has 5 directors. The longest serving directors include Mr Ian Taylor (Mar 2014) and Mr Richard Cooper (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Taylor | 64 years | Mar 2014 | - | Director | |
| Mr Richard Cooper | 64 years | Oct 2019 | - | Director | |
| Mr Alan Hughes | England | 73 years | Mar 2020 | - | Director |
| Ms Sian Herbert | England | 59 years | Oct 2020 | - | Director |
| Professor Christopher Bones | United Kingdom | 66 years | Apr 2021 | - | Director |
P&L
December 2023turnover
95.7m
+37%
operating profit
8.9m
+142%
gross margin
54.7%
+13.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
57.7m
+0.35%
total assets
87.8m
+0.3%
cash
18.7m
+0.24%
net assets
Total assets minus all liabilities
equals group plc company details
company number
08922461
Type
Public limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
fairfx group plc (June 2019)
fairfx (uk) plc (May 2014)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
third floor thames house vintner, 68 upper thames street, london, EC4V 3BJ
Bank
BARCLAYS BANK PLC
Legal Advisor
BROWNE JACOBSON LLP ASHURST LLP
equals group plc 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 equals group plc.
equals group plc Capital Raised & Share Issues BETA
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equals group plc Companies House Filings - See Documents
| date | description | view/download |
|---|
