mckesson global sourcing limited
mckesson global sourcing limited Company Information
Company Number
10894396
Website
-Registered Address
c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ
Industry
Wholesale of pharmaceutical goods
Telephone
01912382409
Next Accounts Due
December 2024
Group Structure
View All
Directors
Francois Bodereau1 Years
Shareholders
mckesson medical-surgical supply chain services llc 100%
mckesson global sourcing limited Estimated Valuation
The estimated valuation range for mckesson global sourcing limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £694m to £16b
mckesson global sourcing limited Estimated Valuation
The estimated valuation range for mckesson global sourcing limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £694m to £16b
mckesson global sourcing limited Estimated Valuation
The estimated valuation range for mckesson global sourcing limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £694m to £16b
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Mckesson Global Sourcing Limited Overview
Mckesson Global Sourcing Limited is a live company located in london, EC2R 7HJ with a Companies House number of 10894396. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in August 2017, it's largest shareholder is mckesson medical-surgical supply chain services llc with a 100% stake. Mckesson Global Sourcing Limited is a young, mega sized company, Pomanda has estimated its turnover at £334.2m with healthy growth in recent years.
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Mckesson Global Sourcing Limited Health Check
Pomanda's financial health check has awarded Mckesson Global Sourcing Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
0 Regular
2 Weak
Size
annual sales of £334.2m, make it larger than the average company (£25.7m)
£334.2m - Mckesson Global Sourcing Limited
£25.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.9%)
11% - Mckesson Global Sourcing Limited
4.9% - Industry AVG
Production
with a gross margin of 52.2%, this company has a lower cost of product (23.5%)
52.2% - Mckesson Global Sourcing Limited
23.5% - Industry AVG
Profitability
an operating margin of 288.9% make it more profitable than the average company (3.6%)
288.9% - Mckesson Global Sourcing Limited
3.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (37)
8 - Mckesson Global Sourcing Limited
37 - Industry AVG
Pay Structure
on an average salary of £119.7k, the company has a higher pay structure (£66.4k)
£119.7k - Mckesson Global Sourcing Limited
£66.4k - Industry AVG
Efficiency
resulting in sales per employee of £41.8m, this is more efficient (£636.8k)
£41.8m - Mckesson Global Sourcing Limited
£636.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mckesson Global Sourcing Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (33 days)
55 days - Mckesson Global Sourcing Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (59 days)
7 days - Mckesson Global Sourcing Limited
59 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 489 weeks, this is more cash available to meet short term requirements (9 weeks)
489 weeks - Mckesson Global Sourcing Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12%, this is a lower level of debt than the average (56.4%)
12% - Mckesson Global Sourcing Limited
56.4% - Industry AVG
mckesson global sourcing limited Credit Report and Business Information
Mckesson Global Sourcing Limited Competitor Analysis
Perform a competitor analysis for mckesson global sourcing limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mckesson global sourcing limited Ownership
MCKESSON GLOBAL SOURCING LIMITED group structure
Mckesson Global Sourcing Limited has 1 subsidiary company.
Ultimate parent company
MCKESSON MEDICAL-SURGICAL SUPPLY CHAIN
#0106869
1 parent
MCKESSON GLOBAL SOURCING LIMITED
10894396
1 subsidiary
mckesson global sourcing limited directors
Mckesson Global Sourcing Limited currently has 1 director, Mr Francois Bodereau serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Francois Bodereau | United Kingdom | 55 years | Mar 2023 | - | Director |
MCKESSON GLOBAL SOURCING LIMITED financials
Mckesson Global Sourcing Limited's latest turnover from March 2023 is £334.2 million and the company has net assets of £1.2 billion. According to their latest financial statements, Mckesson Global Sourcing Limited has 8 employees and maintains cash reserves of £456.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 334,201,788 | 503,450,975 | 1,128,402,920 | 243,884,446 | 274,566,582 | 136,582,644 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 159,673,240 | 383,583,495 | 938,958,814 | 152,534,734 | 175,878,509 | 87,531,396 |
| Gross Profit | 174,528,548 | 119,867,480 | 189,444,106 | 91,349,711 | 98,688,073 | 49,051,248 |
| Admin Expenses | -790,898,963 | 6,377,862 | 7,532,042 | 6,473,820 | 5,784,054 | 3,133,912 |
| Operating Profit | 965,427,511 | 113,489,618 | 181,912,064 | 84,875,891 | 92,904,019 | 45,917,336 |
| Interest Payable | 4,914,336 | 4,933,144 | 5,214,401 | 4,647,470 | 4,889,886 | 2,468,282 |
| Interest Receivable | 12,570,408 | 2,386,092 | 2,346,576 | 3,679,001 | 4,000,448 | 1,023,878 |
| Pre-Tax Profit | 973,083,583 | 110,942,567 | 179,044,239 | 83,907,422 | 92,014,581 | 44,472,932 |
| Tax | -34,417,478 | -21,321,936 | -35,699,628 | -16,830,304 | -18,782,900 | -9,091,563 |
| Profit After Tax | 938,666,105 | 89,620,632 | 143,344,611 | 67,077,118 | 73,231,681 | 35,381,369 |
| Dividends Paid | 0 | 0 | 0 | 63,126,625 | 58,763,614 | 36,049,027 |
| Retained Profit | 938,666,105 | 89,620,632 | 143,344,611 | 3,950,494 | 14,468,068 | -667,658 |
| Employee Costs | 957,448 | 1,198,086 | 1,276,110 | 905,279 | 624,944 | 303,926 |
| Number Of Employees | 8 | 9 | 9 | 7 | 10 | 5 |
| EBITDA* | 965,427,511 | 113,539,021 | 182,016,212 | 85,854,948 | 94,871,895 | 46,923,344 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 52,075 | 139,249 | 1,179,817 | 3,218,298 |
| Investments & Other | 795,194,056 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 57,419,300 | 51,733,812 | 53,792,449 | 54,999,041 |
| Total Fixed Assets | 795,194,056 | 0 | 57,471,375 | 51,873,061 | 54,972,266 | 58,217,340 |
| Stock & work in progress | 3,441,149 | 2,982,420 | 4,042,976 | 3,859,072 | 2,685,070 | 2,443,112 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 107,018,307 | 54,293,926 | 608,686 | 37,433,597 | 28,195,672 | 59,848,216 |
| Misc Debtors | 2,234,593 | 1,111,610 | 4,351,743 | 1,998,305 | 1,019,243 | 1,052,988 |
| Cash | 456,098,229 | 399,150,024 | 481,424,198 | 75,468,237 | 92,886,124 | 50,009,396 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 568,792,279 | 457,537,980 | 490,427,605 | 118,759,212 | 124,786,111 | 113,353,714 |
| total assets | 1,363,986,335 | 457,537,980 | 547,898,979 | 170,632,273 | 179,758,377 | 171,571,053 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,233,555 | 38,487,493 | 164,366,179 | 23,706,190 | 23,757,305 | 26,435,881 |
| Group/Directors Accounts | 632,020 | 34,602,856 | 77,298,968 | 1,228,951 | 1,079,469 | 443,275 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 23,572,610 | 7,518,618 | 3,263,929 | 2,952,417 | 9,682,364 | 10,962,320 |
| total current liabilities | 48,438,187 | 80,608,968 | 244,929,076 | 27,887,559 | 34,519,139 | 37,841,476 |
| loans | 114,615,445 | 114,615,445 | 120,813,197 | 107,686,594 | 113,609,652 | 116,157,974 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 114,615,445 | 114,615,445 | 120,813,198 | 107,686,595 | 113,609,653 | 116,157,975 |
| total liabilities | 163,053,632 | 195,224,413 | 365,742,274 | 135,574,154 | 148,128,792 | 153,999,451 |
| net assets | 1,200,932,703 | 262,313,567 | 182,156,706 | 35,058,120 | 31,629,585 | 17,571,602 |
| total shareholders funds | 1,200,932,703 | 262,313,567 | 182,156,706 | 35,058,120 | 31,629,585 | 17,571,602 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 965,427,511 | 113,489,618 | 181,912,064 | 84,875,891 | 92,904,019 | 45,917,336 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 49,403 | 104,148 | 979,057 | 1,967,876 | 1,006,008 |
| Tax | -34,417,478 | -21,321,936 | -35,699,628 | -16,830,304 | -18,782,900 | -9,091,563 |
| Stock | 458,730 | -1,060,557 | 183,905 | 1,174,002 | 241,958 | 2,443,112 |
| Debtors | 53,847,364 | -6,974,193 | -28,785,986 | 8,158,350 | -32,892,881 | 115,900,246 |
| Creditors | -14,253,938 | -125,878,685 | 140,659,989 | -51,115 | -2,678,575 | 26,435,881 |
| Accruals and Deferred Income | 16,053,992 | 4,254,689 | 311,512 | -6,729,947 | -1,279,956 | 10,962,320 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 878,503,993 | -21,372,161 | 315,890,166 | 52,911,230 | 104,781,387 | -43,113,376 |
| Investing Activities | ||||||
| capital expenditure | -4,224,305 | |||||
| Change in Investments | 795,194,056 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -4,224,305 | |||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -33,970,836 | -42,696,112 | 76,070,016 | 149,483 | 636,194 | 443,275 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -6,197,752 | 13,126,603 | -5,923,058 | -2,548,322 | 116,157,974 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 7,656,072 | -2,547,052 | -2,867,825 | -968,469 | -889,438 | -1,444,404 |
| cash flow from financing | -26,361,733 | -60,904,687 | 90,082,769 | -7,264,003 | -3,211,651 | 133,396,105 |
| cash and cash equivalents | ||||||
| cash | 56,948,205 | -82,274,175 | 405,955,962 | -17,417,887 | 42,876,728 | 50,009,396 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 56,948,205 | -82,274,175 | 405,955,962 | -17,417,887 | 42,876,728 | 50,009,396 |
P&L
March 2023turnover
334.2m
-34%
operating profit
965.4m
+751%
gross margin
52.3%
+119.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.2b
+3.58%
total assets
1.4b
+1.98%
cash
456.1m
+0.14%
net assets
Total assets minus all liabilities
mckesson global sourcing limited company details
company number
10894396
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
incorporation date
August 2017
age
7
accounts
Full Accounts
ultimate parent company
previous names
mckesson global sourcing uk limited (April 2019)
incorporated
UK
address
c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ
last accounts submitted
March 2023
mckesson global sourcing 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 global sourcing limited.
mckesson global sourcing limited Companies House Filings - See Documents
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