m&g plc
m&g plc Company Information
Company Number
11444019
Next Accounts
Jun 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
10 fenchurch avenue, london, EC3M 5AG
Website
global.mandg.comm&g plc Estimated Valuation
Pomanda estimates the enterprise value of M&G PLC at £29.4b based on a Turnover of £10.6b and 2.77x industry multiple (adjusted for size and gross margin).
m&g plc Estimated Valuation
Pomanda estimates the enterprise value of M&G PLC at £3.5b based on an EBITDA of £345.1m and a 10.27x industry multiple (adjusted for size and gross margin).
m&g plc Estimated Valuation
Pomanda estimates the enterprise value of M&G PLC at £6.7b based on Net Assets of £4b and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M&g Plc Overview
M&g Plc is a live company located in london, EC3M 5AG with a Companies House number of 11444019. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in July 2018, it's largest shareholder is undisclosed with a 100% stake. M&g Plc is a young, mega sized company, Pomanda has estimated its turnover at £10.6b with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
M&g Plc Health Check
Pomanda's financial health check has awarded M&G Plc 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 £10.6b, make it larger than the average company (£11.7m)
£10.6b - M&g Plc
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (9.2%)
-11% - M&g Plc
9.2% - Industry AVG
Production
with a gross margin of 78.9%, this company has a comparable cost of product (78.9%)
78.9% - M&g Plc
78.9% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (9.5%)
1.3% - M&g Plc
9.5% - Industry AVG
Employees
with 8145 employees, this is above the industry average (65)
8145 - M&g Plc
65 - Industry AVG
Pay Structure
on an average salary of £123.1k, the company has a higher pay structure (£83k)
£123.1k - M&g Plc
£83k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£212k)
£1.3m - M&g Plc
£212k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (46 days)
39 days - M&g Plc
46 days - Industry AVG
Creditor Days
its suppliers are paid after 23287 days, this is slower than average (48 days)
23287 days - M&g Plc
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - M&g Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (27 weeks)
1 weeks - M&g Plc
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.9%, this is a higher level of debt than the average (54.1%)
97.9% - M&g Plc
54.1% - Industry AVG
M&G PLC financials
M&G Plc's latest turnover from December 2023 is £10.6 billion and the company has net assets of £4 billion. According to their latest financial statements, M&G Plc has 8,145 employees and maintains cash reserves of £5.6 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 10,595,000,000 | -12,611,000,000 | 17,772,000,000 | 15,216,000,000 | 32,129,000,000 | 33,279,000 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 160,000,000 | 162,000,000 | 160,000,000 | 167,000,000 | 28,000,000 | |
| Interest Receivable | ||||||
| Pre-Tax Profit | 749,000,000 | -3,019,000,000 | 788,000,000 | 1,605,000,000 | 1,745,000,000 | 30,560,000 |
| Tax | -440,000,000 | 964,000,000 | -696,000,000 | -463,000,000 | -680,000,000 | 517,000 |
| Profit After Tax | 309,000,000 | -2,055,000,000 | 92,000,000 | 1,142,000,000 | 1,065,000,000 | 31,077,000 |
| Dividends Paid | 13,000,000 | 14,000,000 | 466,000,000 | 562,000,000 | 410,000,000 | |
| Retained Profit | 296,000,000 | -2,069,000,000 | -374,000,000 | 576,000,000 | 597,000,000 | -9,418,923,000 |
| Employee Costs | 1,003,000,000 | 955,000,000 | 872,000,000 | 835,000,000 | 628,000,000 | 1,863,000 |
| Number Of Employees | 8,145 | 7,637 | 6,993 | 6,683 | 8,869 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 19,309,000,000 | 19,618,000,000 | 41,103,000,000 | 21,516,000,000 | 20,942,000,000 | 12,065,357,000 |
| Intangible Assets | 1,815,000,000 | 1,877,000,000 | 1,615,000,000 | 1,495,000,000 | 1,439,000,000 | |
| Investments & Other | 12,065,357,000 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 21,124,000,000 | 21,495,000,000 | 42,718,000,000 | 23,011,000,000 | 22,381,000,000 | 12,065,357,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 1,143,000,000 | 1,121,000,000 | 82,728,000,000 | 11,761,000,000 | 11,958,000,000 | |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 5,590,000,000 | 4,884,000,000 | 6,908,000,000 | 6,776,000,000 | 6,046,000,000 | 17,922,000 |
| misc current assets | 70,443,000,000 | 73,774,000,000 | 83,720,000,000 | 6,161,000,000 | 182,483,000,000 | 517,000 |
| total current assets | 168,498,000,000 | 169,663,000,000 | 176,416,000,000 | 205,715,000,000 | 203,862,000,000 | 18,439,000 |
| total assets | 189,622,000,000 | 191,158,000,000 | 219,134,000,000 | 228,726,000,000 | 226,243,000,000 | 12,083,796,000 |
| Bank overdraft | 8,930,000,000 | 11,727,000,000 | 40,935,000,000 | |||
| Bank loan | ||||||
| Trade Creditors | 142,492,000,000 | 142,324,000,000 | 63,223,000,000 | 76,650,000,000 | 78,480,000,000 | |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 2,719,000 | |||||
| total current liabilities | 176,685,000,000 | 178,425,000,000 | 197,348,000,000 | 221,990,000,000 | 219,721,000,000 | 2,719,000 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 8,896,000,000 | 8,470,000,000 | 16,490,000,000 | 1,159,000,000 | 1,397,000,000 | |
| total liabilities | 185,581,000,000 | 186,895,000,000 | 213,838,000,000 | 223,149,000,000 | 221,118,000,000 | 2,719,000 |
| net assets | 4,041,000,000 | 4,263,000,000 | 5,296,000,000 | 5,577,000,000 | 5,125,000,000 | 12,081,077,000 |
| total shareholders funds | 4,041,000,000 | 4,263,000,000 | 5,296,000,000 | 5,577,000,000 | 5,125,000,000 | 12,081,077,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 208,000,000 | 145,000,000 | 225,000,000 | 109,000,000 | 97,000,000 | |
| Amortisation | ||||||
| Tax | -440,000,000 | 964,000,000 | -696,000,000 | -463,000,000 | -680,000,000 | 517,000 |
| Stock | ||||||
| Debtors | 22,000,000 | -81,607,000,000 | 70,967,000,000 | -197,000,000 | 11,958,000,000 | |
| Creditors | 168,000,000 | 79,101,000,000 | -13,427,000,000 | -1,830,000,000 | 78,480,000,000 | |
| Accruals and Deferred Income | -2,719,000 | 2,719,000 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -12,065,357,000 | 12,065,357,000 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | 21,500,000,000 | |||||
| cash and cash equivalents | ||||||
| cash | 706,000,000 | -2,024,000,000 | 132,000,000 | 730,000,000 | 6,028,078,000 | 17,922,000 |
| overdraft | -8,930,000,000 | -2,797,000,000 | -29,208,000,000 | 40,935,000,000 | ||
| change in cash | 706,000,000 | 6,906,000,000 | 2,929,000,000 | 29,938,000,000 | -34,906,922,000 | 17,922,000 |
m&g plc Credit Report and Business Information
M&g Plc Competitor Analysis
Perform a competitor analysis for m&g plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC3M area or any other competitors across 12 key performance metrics.
m&g plc Ownership
M&G PLC group structure
M&G Plc has 5 subsidiary companies.
m&g plc directors
M&G Plc currently has 11 directors. The longest serving directors include Mr Clive Adamson (Mar 2019) and Ms Clare Thompson (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Adamson | 69 years | Mar 2019 | - | Director | |
| Ms Clare Thompson | England | 70 years | May 2019 | - | Director |
| Mr Massimo Tosato | United Kingdom | 70 years | Apr 2020 | - | Director |
| Ms Fiona Clutterbuck | United Kingdom | 67 years | Oct 2020 | - | Director |
| Mrs Clare Chapman | England | 65 years | Mar 2021 | - | Director |
| Mr Edward Braham | England | 63 years | Mar 2022 | - | Director |
| Ms Kathryn McLeland | United Kingdom | 53 years | May 2022 | - | Director |
| Mr Debasish Sanyal | United Kingdom | 59 years | May 2022 | - | Director |
| Mr Paolo Rossi | United Kingdom | 58 years | Oct 2022 | - | Director |
| Lady Mechthild Talma Stheeman | United Kingdom | 61 years | Aug 2024 | - | Director |
P&L
December 2023turnover
10.6b
-184%
operating profit
137.1m
0%
gross margin
79%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4b
-0.05%
total assets
189.6b
-0.01%
cash
5.6b
+0.14%
net assets
Total assets minus all liabilities
m&g plc company details
company number
11444019
Type
Public limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
m&g prudential plc (September 2019)
m&g prudential limited (July 2019)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
10 fenchurch avenue, london, EC3M 5AG
Bank
HSBC BANK PLC
Legal Advisor
-
m&g 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 m&g plc.
m&g plc 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.
Click to start generating capital raising & share issue transactions for M&G PLC. This can take several minutes, an email will notify you when this has completed.
m&g plc Companies House Filings - See Documents
| date | description | view/download |
|---|
