m&g plc
m&g plc Company Information
Company Number
11444019
Website
global.mandg.comRegistered Address
10 fenchurch avenue, london, EC3M 5AG
Industry
Activities of financial services holding companies
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
prudential public limited company 100%
m&g plc Estimated Valuation
Pomanda estimates the enterprise value of M&G PLC at £1899.5b based on a Turnover of £-8.5b and -222.3x industry multiple (adjusted for size and gross margin).
m&g plc Estimated Valuation
Pomanda estimates the enterprise value of M&G PLC at £808.3b based on an EBITDA of £-898.2m and a -899.94x industry multiple (adjusted for size and gross margin).
m&g plc Estimated Valuation
Pomanda estimates the enterprise value of M&G PLC at £4.4b based on Net Assets of £2.8b and 1.58x industry multiple (adjusted for liquidity).
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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 prudential public limited company with a 100% stake. M&g Plc is a young, micro sized company, Pomanda has estimated its turnover at £-8.5b with unknown growth in recent years.
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M&g Plc Health Check
Pomanda's financial health check has awarded M&G Plc a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £-8.5b, make it smaller than the average company (£10.4m)
£-8.5b - M&g Plc
£10.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- M&g Plc
- - Industry AVG
Production
with a gross margin of 77.6%, this company has a comparable cost of product (77.6%)
77.6% - M&g Plc
77.6% - Industry AVG
Profitability
an operating margin of 12.2% make it as profitable than the average company (11%)
12.2% - M&g Plc
11% - Industry AVG
Employees
with 7637 employees, this is above the industry average (63)
7637 - M&g Plc
63 - Industry AVG
Pay Structure
on an average salary of £125k, the company has a higher pay structure (£81.8k)
£125k - M&g Plc
£81.8k - Industry AVG
Efficiency
resulting in sales per employee of £-1.1m, this is less efficient (£213.6k)
£-1.1m - M&g Plc
£213.6k - Industry AVG
Debtor Days
it gets paid by customers after -2734 days, this is earlier than average (45 days)
-2734 days - M&g Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after -9512 days, this is quicker than average (51 days)
-9512 days - M&g Plc
51 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 (28 weeks)
1 weeks - M&g Plc
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (57.7%)
98.6% - M&g Plc
57.7% - Industry AVG
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 and benchmarking them against 12 key performance metrics.
m&g plc Ownership
M&G PLC group structure
M&G Plc has 7 subsidiary companies.
Ultimate parent company
1 parent
M&G PLC
11444019
7 subsidiaries
m&g plc directors
M&G Plc currently has 9 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 | 68 years | Mar 2019 | - | Director | |
| Ms Clare Thompson | United Kingdom | 69 years | May 2019 | - | Director |
| Mr Massimo Tosato | United Kingdom | 69 years | Apr 2020 | - | Director |
| Ms Fiona Clutterbuck | United Kingdom | 66 years | Oct 2020 | - | Director |
| Mrs Clare Chapman | United Kingdom | 64 years | Mar 2021 | - | Director |
| Mr Edward Braham | United Kingdom | 62 years | Mar 2022 | - | Director |
| Ms Kathryn McLeland | United Kingdom | 52 years | May 2022 | - | Director |
| Mr Debasish Sanyal | United Kingdom | 58 years | May 2022 | - | Director |
| Mr Paolo Rossi | United Kingdom | 57 years | Oct 2022 | - | Director |
M&G PLC financials
M&G Plc's latest turnover from December 2022 is -£8.5 billion and the company has net assets of £2.8 billion. According to their latest financial statements, M&G Plc has 7,637 employees and maintains cash reserves of £4.9 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | -8,545,000,000 | 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 | 162,000,000 | 160,000,000 | 167,000,000 | 28,000,000 | 0 |
| Interest Receivable | 0 | ||||
| Pre-Tax Profit | -2,497,000,000 | 788,000,000 | 1,605,000,000 | 1,745,000,000 | 30,560,000 |
| Tax | 878,000,000 | -696,000,000 | -463,000,000 | -680,000,000 | 517,000 |
| Profit After Tax | -1,619,000,000 | 92,000,000 | 1,142,000,000 | 1,065,000,000 | 31,077,000 |
| Dividends Paid | 465,000,000 | 466,000,000 | 562,000,000 | 410,000,000 | 0 |
| Retained Profit | -2,084,000,000 | -374,000,000 | 576,000,000 | 597,000,000 | -9,418,923,000 |
| Employee Costs | 955,000,000 | 872,000,000 | 835,000,000 | 628,000,000 | 1,863,000 |
| Number Of Employees | 7,637 | 6,993 | 6,683 | 8,869 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 41,288,000,000 | 41,103,000,000 | 21,516,000,000 | 20,942,000,000 | 12,065,357,000 |
| Intangible Assets | 1,877,000,000 | 1,615,000,000 | 1,495,000,000 | 1,439,000,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 12,065,357,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,165,000,000 | 42,718,000,000 | 23,011,000,000 | 22,381,000,000 | 12,065,357,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 64,007,000,000 | 82,728,000,000 | 11,761,000,000 | 11,958,000,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,884,000,000 | 6,908,000,000 | 6,776,000,000 | 6,046,000,000 | 17,922,000 |
| misc current assets | 76,720,000,000 | 83,720,000,000 | 6,161,000,000 | 182,483,000,000 | 517,000 |
| total current assets | 148,395,000,000 | 176,416,000,000 | 205,715,000,000 | 203,862,000,000 | 18,439,000 |
| total assets | 191,560,000,000 | 219,134,000,000 | 228,726,000,000 | 226,243,000,000 | 12,083,796,000 |
| Bank overdraft | 7,537,000,000 | 8,930,000,000 | 11,727,000,000 | 40,935,000,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 49,805,000,000 | 63,223,000,000 | 76,650,000,000 | 78,480,000,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 2,719,000 |
| total current liabilities | 175,923,000,000 | 197,348,000,000 | 221,990,000,000 | 219,721,000,000 | 2,719,000 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,855,000,000 | 16,490,000,000 | 1,159,000,000 | 1,397,000,000 | 0 |
| total liabilities | 188,778,000,000 | 213,838,000,000 | 223,149,000,000 | 221,118,000,000 | 2,719,000 |
| net assets | 2,782,000,000 | 5,296,000,000 | 5,577,000,000 | 5,125,000,000 | 12,081,077,000 |
| total shareholders funds | 2,782,000,000 | 5,296,000,000 | 5,577,000,000 | 5,125,000,000 | 12,081,077,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 145,000,000 | 225,000,000 | 109,000,000 | 97,000,000 | 0 |
| Amortisation | 0 | ||||
| Tax | 878,000,000 | -696,000,000 | -463,000,000 | -680,000,000 | 517,000 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -18,721,000,000 | 70,967,000,000 | -197,000,000 | 11,958,000,000 | 0 |
| Creditors | -13,418,000,000 | -13,427,000,000 | -1,830,000,000 | 78,480,000,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -2,719,000 | 2,719,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | -12,065,357,000 | 12,065,357,000 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 0 | ||||
| cash flow from financing | 21,500,000,000 | ||||
| cash and cash equivalents | |||||
| cash | -2,024,000,000 | 132,000,000 | 730,000,000 | 6,028,078,000 | 17,922,000 |
| overdraft | -1,393,000,000 | -2,797,000,000 | -29,208,000,000 | 40,935,000,000 | 0 |
| change in cash | -631,000,000 | 2,929,000,000 | 29,938,000,000 | -34,906,922,000 | 17,922,000 |
P&L
December 2022turnover
-8.5b
-148%
operating profit
-1b
0%
gross margin
77.7%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.8b
-0.47%
total assets
191.6b
-0.13%
cash
4.9b
-0.29%
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
6
accounts
Group
ultimate parent company
previous names
m&g prudential plc (September 2019)
m&g prudential limited (July 2019)
incorporated
UK
address
10 fenchurch avenue, london, EC3M 5AG
last accounts submitted
December 2022
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 Companies House Filings - See Documents
| date | description | view/download |
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