mckesson strategic services limited

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mckesson strategic services limited Company Information

Share MCKESSON STRATEGIC SERVICES LIMITED

Company Number

08933850

Shareholders

mckesson uk finance ii ltd

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ

mckesson strategic services limited Estimated Valuation

£7.7m

Pomanda estimates the enterprise value of MCKESSON STRATEGIC SERVICES LIMITED at £7.7m based on a Turnover of £6.7m and 1.16x industry multiple (adjusted for size and gross margin).

mckesson strategic services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MCKESSON STRATEGIC SERVICES LIMITED at £0 based on an EBITDA of £-54.5k and a 8.6x industry multiple (adjusted for size and gross margin).

mckesson strategic services limited Estimated Valuation

£327.6m

Pomanda estimates the enterprise value of MCKESSON STRATEGIC SERVICES LIMITED at £327.6m based on Net Assets of £153.6m and 2.13x industry multiple (adjusted for liquidity).

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Mckesson Strategic Services Limited Overview

Mckesson Strategic Services Limited is a live company located in london, EC2R 7HJ with a Companies House number of 08933850. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2014, it's largest shareholder is mckesson uk finance ii ltd with a 100% stake. Mckesson Strategic Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.7m with declining growth in recent years.

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Mckesson Strategic Services Limited Health Check

Pomanda's financial health check has awarded Mckesson Strategic Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £6.7m, make it smaller than the average company (£20.6m)

£6.7m - Mckesson Strategic Services Limited

£20.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (8.9%)

-11% - Mckesson Strategic Services Limited

8.9% - Industry AVG

production

Production

with a gross margin of 100%, this company has a lower cost of product (33.2%)

100% - Mckesson Strategic Services Limited

33.2% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (5.8%)

-0.8% - Mckesson Strategic Services Limited

5.8% - Industry AVG

employees

Employees

with 46 employees, this is below the industry average (116)

46 - Mckesson Strategic Services Limited

116 - Industry AVG

paystructure

Pay Structure

on an average salary of £106.4k, the company has a higher pay structure (£48.9k)

£106.4k - Mckesson Strategic Services Limited

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £145.2k, this is less efficient (£196.9k)

£145.2k - Mckesson Strategic Services Limited

£196.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (44 days)

2 days - Mckesson Strategic Services Limited

44 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mckesson Strategic Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mckesson Strategic Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 387 weeks, this is more cash available to meet short term requirements (16 weeks)

387 weeks - Mckesson Strategic Services Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.5%, this is a lower level of debt than the average (54.8%)

7.5% - Mckesson Strategic Services Limited

54.8% - Industry AVG

MCKESSON STRATEGIC SERVICES LIMITED financials

EXPORTms excel logo

Mckesson Strategic Services Limited's latest turnover from March 2024 is £6.7 million and the company has net assets of £153.6 million. According to their latest financial statements, Mckesson Strategic Services Limited has 46 employees and maintains cash reserves of £92.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Dec 2014
Turnover6,679,2826,713,3456,692,7529,484,9279,509,746434,502,406533,112,871163,449,150000
Other Income Or Grants00000000000
Cost Of Sales00000000000
Gross Profit6,679,2826,713,3456,692,7529,484,9279,509,746434,502,406533,112,871163,449,150000
Admin Expenses6,733,7826,764,0606,754,40712,094,9549,617,47025,929,20323,712,9339,688,3399,69300
Operating Profit-54,500-50,715-61,655-2,610,027-107,724408,573,203509,399,938153,760,811-9,69300
Interest Payable3,914,91926,761,0321,188,048924,5531,190,82523,288333,79919,38674600
Interest Receivable13,651,50247,969,8738,100,5456,479,1233,755,6791,892,563395,9012,982000
Pre-Tax Profit268,663,235269,983,347271,310,568308,533,774282,948,117410,031,051509,355,690153,725,768-10,43800
Tax-68,128,075-52,939,217-53,909,572-43,031,598-38,533,636-55,072,194-72,185,220-28,015,210000
Profit After Tax200,535,160217,044,130217,400,996265,502,176244,414,480354,958,857437,170,470125,710,558-10,43800
Dividends Paid485,864,810147,732,950154,931,626167,594,712148,223,655291,584,381310,510,7900000
Retained Profit-285,329,65069,311,18062,469,37097,907,46496,190,825-57,095,172-2,744,915112,137,638-10,43800
Employee Costs4,894,4064,714,2533,802,8613,429,7921,996,9221,114,734645,86290,218000
Number Of Employees46403232231571,041100
EBITDA*-54,500-50,715-61,655-266,806-107,724409,002,484509,812,141153,872,651-9,69300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Dec 2014
Tangible Assets000001,013,8171,192,3611,580,674000
Intangible Assets000002,591,2132,222,4810000
Investments & Other7,569,4507,569,4507,904,5138,060,6167,328,155000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets7,569,4507,569,4507,904,5138,060,6167,328,1553,605,0303,414,8421,580,674000
Stock & work in progress00000000000
Trade Debtors43,1461,214,140389,69336,2730006,213,093000
Group Debtors65,608,205482,744,682957,151,2131,092,481,0571,223,80179,452,72462,619,15893,560,244000
Misc Debtors06,0554,322,9782,522,1666,789,53532,031,51666,483,4652,974,947000
Cash92,842,3282,024,8281,730,2982,730,937117,532,61077,309,424132,602,08072,462,720000
misc current assets00000000000
total current assets158,493,680485,989,706963,594,1821,097,770,434125,545,948188,793,666261,704,704175,211,005000
total assets166,063,129493,559,155971,498,6961,105,831,049132,874,102192,398,696265,119,547176,791,679000
Bank overdraft091,335,251642,478,855847,416,5730000000
Bank loan00000000000
Trade Creditors 000006,223,41319,142,2140000
Group/Directors Accounts319,431987,8131,166,7062,741,4151,077,2392,810,8995,263,93429,640,6208,20200
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities12,136,0985,927,6361,703,4222,363,3722,194,0493,275,1123,157,8941,916,1942,23600
total current liabilities12,455,52998,250,700645,348,984852,521,3613,271,28812,309,42427,564,04331,556,81510,43800
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities12,455,52998,250,700645,348,984852,521,3613,271,28812,309,42427,564,04331,556,81510,43800
net assets153,607,600395,308,455326,149,711253,309,689129,602,814135,132,743169,868,033131,661,945-10,43800
total shareholders funds153,607,600395,308,455326,149,711253,309,689129,602,814135,132,743169,868,033131,661,945-10,43800
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Dec 2014
Operating Activities
Operating Profit-54,500-50,715-61,655-2,610,027-107,724408,573,203509,399,938153,760,811-9,69300
Depreciation00000429,281412,203111,840000
Amortisation0002,343,2210000000
Tax-68,128,075-52,939,217-53,909,572-43,031,598-38,533,636-55,072,194-72,185,220-28,015,210000
Stock00000000000
Debtors-418,313,526-477,899,007-133,175,6131,087,026,160-103,470,904-17,618,38226,354,338102,748,285000
Creditors0000-6,223,413-12,918,80119,142,2140000
Accruals and Deferred Income6,208,4624,224,214-659,950169,323-1,081,063117,2181,241,7001,913,9582,23600
Deferred Taxes & Provisions00000000000
Cash flow from operations356,339,413429,133,28978,544,436-1,130,155,24157,525,068358,747,089431,656,49725,023,114-7,45700
Investing Activities
capital expenditure000-2,343,2213,605,030-619,469-2,246,371-1,692,514000
Change in Investments0-335,064-156,102732,4617,328,155000000
cash flow from investments0335,064156,102-3,075,682-3,723,125-619,469-2,246,371-1,692,514000
Financing Activities
Bank loans00000000000
Group/Directors Accounts-668,382-178,893-1,574,7091,664,177-1,733,660-2,453,035-24,376,68629,632,4198,20200
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue43,628,795-152,43610,370,65325,799,411-101,720,75422,359,88240,951,00319,534,745000
interest9,736,58321,208,8416,912,4975,554,5702,564,8541,869,27562,102-16,404-74600
cash flow from financing52,696,99620,877,51215,708,44133,018,158-100,889,56021,776,12216,636,41949,150,7607,45600
cash and cash equivalents
cash90,817,501294,530-1,000,639-114,801,67440,223,186-55,292,65660,139,36072,462,720000
overdraft-91,335,251-551,143,604-204,937,718847,416,5730000000
change in cash182,152,752551,438,134203,937,079-962,218,24740,223,186-55,292,65660,139,36072,462,720000

mckesson strategic 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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Mckesson Strategic Services Limited Competitor Analysis

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Perform a competitor analysis for mckesson strategic services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.

mckesson strategic services limited Ownership

MCKESSON STRATEGIC SERVICES LIMITED group structure

Mckesson Strategic Services Limited has no subsidiary companies.

Ultimate parent company

MCKESSON CORP

#0040841

2 parents

MCKESSON STRATEGIC SERVICES LIMITED

08933850

MCKESSON STRATEGIC SERVICES LIMITED Shareholders

mckesson uk finance ii ltd 100%

mckesson strategic services limited directors

Mckesson Strategic Services Limited currently has 2 directors. The longest serving directors include Mr Francois Bodereau (Nov 2021) and Ms Juliet Pate (Mar 2023).

officercountryagestartendrole
Mr Francois BodereauUnited Kingdom56 years Nov 2021- Director
Ms Juliet PateUnited Kingdom46 years Mar 2023- Director

P&L

March 2024

turnover

6.7m

-1%

operating profit

-54.5k

+7%

gross margin

100%

0%

turnover

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

Balance Sheet

March 2024

net assets

153.6m

-0.61%

total assets

166.1m

-0.66%

cash

92.8m

+44.85%

net assets

Total assets minus all liabilities

mckesson strategic services limited company details

company number

08933850

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

March 2014

age

11

incorporated

UK

ultimate parent company

MCKESSON CORP

accounts

Full Accounts

last accounts submitted

March 2024

previous names

mckesson uk finance iia limited (May 2016)

accountant

-

auditor

DELOITTE LLP

address

c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ

Bank

HSBC BANK PLC

Legal Advisor

LINKLATERS LLP

mckesson strategic 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 mckesson strategic services limited.

mckesson strategic 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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mckesson strategic services limited Companies House Filings - See Documents

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