irwin mitchell holdings limited

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irwin mitchell holdings limited Company Information

Share IRWIN MITCHELL HOLDINGS LIMITED

Company Number

FC031481

Shareholders

-

Group Structure

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Industry

Registered Address

26 new street, st helier, JE2 3RA

irwin mitchell holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IRWIN MITCHELL HOLDINGS LIMITED at £0 based on a Turnover of £304.3m and 0x industry multiple (adjusted for size and gross margin).

irwin mitchell holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IRWIN MITCHELL HOLDINGS LIMITED at £0 based on an EBITDA of £26.2m and a 0x industry multiple (adjusted for size and gross margin).

irwin mitchell holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IRWIN MITCHELL HOLDINGS LIMITED at £0 based on Net Assets of £130.8m and 0x industry multiple (adjusted for liquidity).

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Irwin Mitchell Holdings Limited Overview

Irwin Mitchell Holdings Limited is a live company located in st helier, JE2 3RA with a Companies House number of FC031481. Founded in August 2013, it's largest shareholder is unknown. Irwin Mitchell Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £304.3m with low growth in recent years.

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Irwin Mitchell Holdings Limited Health Check

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IRWIN MITCHELL HOLDINGS LIMITED financials

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Irwin Mitchell Holdings Limited's latest turnover from April 2024 is £304.3 million and the company has net assets of £130.8 million. According to their latest financial statements, Irwin Mitchell Holdings Limited has 2,693 employees and maintains cash reserves of £56 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014May 2013
Turnover304,327,000276,365,000275,739,000283,307,000269,311,000262,990,000241,827,000235,175,000221,299,000204,488,000202,699,000200,312,000
Other Income Or Grants
Cost Of Sales148,076,000136,032,000131,602,000126,343,000
Gross Profit156,251,000140,333,000144,137,000156,964,000
Admin Expenses141,399,000126,493,000120,682,000111,531,000-24,162,000-22,617,000-13,966,000-13,565,000-13,188,000-17,085,000-17,789,000-19,276,000
Operating Profit14,852,00013,840,00023,455,00045,433,00024,162,00022,617,00013,966,00013,565,00013,188,00017,085,00017,789,00019,276,000
Interest Payable3,784,0002,983,0002,691,0002,892,0001,588,0001,912,0002,375,0001,914,0001,572,0001,043,0001,190,0001,088,000
Interest Receivable10,651,0004,160,000401,000588,0001,137,000689,000473,000603,000738,000624,000519,000538,000
Pre-Tax Profit21,719,00015,017,00021,165,00043,129,00023,711,00021,394,00012,064,00012,254,00012,354,00016,666,00017,118,00018,726,000
Tax-6,277,000-7,389,000-5,216,000-7,634,000-5,897,000-5,736,000-4,046,000-5,912,000-2,887,000-3,450,000-4,593,000-5,844,000
Profit After Tax15,442,0007,628,00015,949,00035,495,00017,814,00015,658,0008,018,0006,342,0009,467,00013,216,00012,525,00012,882,000
Dividends Paid1,817,0002,967,0001,456,000820,0001,049,0001,267,000385,0001,555,00034,0003,196,0002,334,000
Retained Profit13,831,0005,231,00013,367,00035,495,00013,923,00011,502,0003,627,0002,915,0005,647,00011,996,0009,249,00010,512,000
Employee Costs147,188,000128,467,000123,083,000121,590,000110,727,000103,278,00092,085,00088,815,00080,331,00070,132,00065,508,00071,924,000
Number Of Employees2,6932,5632,5862,6212,6632,5252,4402,4242,2221,965
EBITDA*26,220,00023,864,00034,316,00056,295,00031,304,00031,718,00023,495,00024,785,00022,952,00025,202,00024,853,00020,524,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014May 2013
Tangible Assets14,982,00012,702,00068,644,00081,452,0009,093,0006,306,0007,653,00012,638,00020,190,00020,005,00019,998,00018,966,000
Intangible Assets60,183,00050,695,0007,099,0007,945,00017,627,00021,120,00025,487,00027,912,00028,593,00011,405,0003,685,00033,000
Investments & Other50,00050,00050,00050,000
Debtors (Due After 1 year)8,540,0008,477,00018,263,00020,093,000
Total Fixed Assets75,165,00063,397,00075,038,00083,905,00026,720,00027,426,00033,140,00040,550,00048,833,00031,460,00023,733,00019,049,000
Stock & work in progress56,422,00054,321,00045,463,00040,876,00035,973,00031,949,000
Trade Debtors102,396,00097,939,00023,921,000257,827,000193,724,000189,472,000205,637,000194,434,000184,198,000159,745,000153,896,00078,353,000
Group Debtors2,039,0001,479,0001,215,0001,307,0001,221,0001,073,0002,131,000
Misc Debtors195,981,000198,221,000272,556,00031,309,00058,364,00063,794,00042,962,00023,082,00032,888,00035,401,00032,147,00097,013,000
Cash56,035,00041,739,00049,677,00046,367,00025,919,0006,222,0009,691,0008,873,0007,774,0007,656,00014,060,0006,302,000
misc current assets2,799,0002,694,0003,146,0001,800,0002,301,000
total current assets358,326,000341,184,000357,859,000337,936,000338,769,000320,247,000304,968,000268,572,000262,054,000235,824,000202,234,000181,668,000
total assets433,491,000404,581,000432,897,000421,841,000365,489,000347,673,000338,108,000309,122,000310,887,000267,284,000225,967,000200,717,000
Bank overdraft3,736,00030,104,00034,444,0001,002,0006,589,00014,773,00019,815,000
Bank loan
Trade Creditors 59,572,00061,929,00060,392,00059,173,00066,448,00065,565,00068,156,00055,286,00049,561,00049,637,00035,943,00028,933,000
Group/Directors Accounts16,939,00017,385,00017,795,00019,755,00017,144,00018,329,000
other short term finances
hp & lease commitments6,917,0008,728,00010,059,00010,197,000878,000727,000868,000907,000930,000116,000
other current liabilities154,161,000145,491,000155,193,000151,942,000131,275,000118,512,000105,928,00085,116,00091,047,00094,003,00092,674,00072,433,000
total current liabilities220,650,000216,148,000225,644,000221,312,000219,276,000202,189,000222,851,000195,508,000159,684,000168,674,000143,390,000121,181,000
loans97,928,00086,110,000109,865,000122,507,00030,912,00049,003,00028,505,00032,865,00029,000,000
hp & lease commitments37,714,00031,939,00040,708,00047,112,0001,145,0001,306,0001,462,0002,045,0002,050,000150,000
Accruals and Deferred Income
other liabilities904,0001,078,00042,872,00035,466,00037,318,00045,414,000
provisions39,514,00033,918,00054,842,00050,256,00019,588,00015,726,00016,741,00013,011,00013,463,00010,830,0005,795,0006,500,000
total long term liabilities80,875,00072,208,00096,578,000100,523,00051,645,00066,035,00046,708,00047,921,00087,385,00046,446,00043,113,00051,914,000
total liabilities301,525,000288,356,000322,222,000321,835,000270,921,000268,224,000269,559,000243,429,000247,069,000215,120,000186,503,000173,095,000
net assets130,781,000114,834,000107,554,00094,453,00091,230,00076,605,00065,726,00063,039,00061,802,00050,858,00039,327,00027,546,000
total shareholders funds130,781,000114,834,000107,554,00094,453,00091,230,00076,605,00065,726,00063,039,00061,802,00050,858,00039,327,00027,546,000
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014May 2013
Operating Activities
Operating Profit14,852,00013,840,00023,455,00045,433,00024,162,00022,617,00013,966,00013,565,00013,188,00017,085,00017,789,00019,276,000
Depreciation10,163,0008,876,0009,778,0009,879,0002,624,0003,901,0005,668,0007,470,0007,765,0007,322,0006,840,000224,000
Amortisation1,205,0001,148,0001,083,000983,0004,518,0005,200,0003,861,0003,750,0001,999,000795,000224,0001,024,000
Tax-6,277,000-7,389,000-5,216,000-7,634,000-5,897,000-5,736,000-4,046,000-5,912,000-2,887,000-3,450,000-4,593,000-5,844,000
Stock-56,422,0002,101,0008,858,0004,587,0004,903,0004,024,00031,949,000
Debtors2,280,000-10,103,0005,511,00055,102,000-618,0004,931,00030,991,000516,00022,088,0008,045,00012,808,000175,366,000
Creditors-2,357,0001,537,0001,219,000-7,275,000883,000-2,591,00012,870,0005,725,000-76,00013,694,0007,010,00028,933,000
Accruals and Deferred Income8,670,000-9,702,0003,251,00020,667,00012,763,00012,584,00020,812,000-5,931,000-2,956,0001,329,00020,241,00072,433,000
Deferred Taxes & Provisions5,596,000-20,924,0004,586,00030,668,0003,862,000-1,015,0003,730,000-452,0002,633,0005,035,000-705,0006,500,000
Cash flow from operations29,572,000-2,511,00032,645,00094,041,00041,432,00021,171,00021,283,00012,796,000-6,446,0001,816,00033,998,000-52,820,000
Investing Activities
capital expenditure-23,136,0002,322,0002,793,000-73,539,000-4,704,000-2,117,000-7,325,000-9,320,000
Change in Investments-50,00050,000
cash flow from investments-23,136,0002,322,0002,793,000-73,539,000-4,704,000-2,067,000-7,325,000-9,370,000
Financing Activities
Bank loans
Group/Directors Accounts-16,939,000-446,000-410,000-1,960,0002,611,000-1,185,00018,329,000
Other Short Term Loans
Long term loans11,818,000-23,755,000-12,642,00091,595,000-18,091,00020,498,000-4,360,0003,865,00029,000,000
Hire Purchase and Lease Commitments3,964,000-10,100,000-6,542,00055,286,000-10,000-297,000-622,000-28,0002,714,000266,000
other long term liabilities-174,0001,078,000-42,872,0007,406,000-1,852,000-8,096,00045,414,000
share issue2,116,0002,049,000-266,000-32,272,000702,000-623,000-940,000-1,678,0005,297,000-465,0002,532,00017,034,000
interest6,867,0001,177,000-2,290,000-2,304,000-451,000-1,223,000-1,902,000-1,311,000-834,000-419,000-671,000-550,000
cash flow from financing24,591,000-29,551,000-21,740,00095,366,000-18,296,00017,945,000-9,784,000-39,413,00042,398,00015,859,000-6,235,00061,898,000
cash and cash equivalents
cash14,296,000-7,938,0003,310,00020,448,00019,697,000-3,469,000818,0001,099,000118,000-6,404,0007,758,0006,302,000
overdraft-3,736,0003,736,000-30,104,000-4,340,00033,442,000-5,587,000-8,184,000-5,042,00019,815,000
change in cash14,296,000-7,938,0003,310,00024,184,00015,961,00026,635,0005,158,000-32,343,0005,705,0001,780,00012,800,000-13,513,000

irwin mitchell holdings limited Credit Report and Business Information

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Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Irwin Mitchell Holdings Limited Competitor Analysis

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irwin mitchell holdings limited Ownership

IRWIN MITCHELL HOLDINGS LIMITED group structure

Irwin Mitchell Holdings Limited has 6 subsidiary companies.

IRWIN MITCHELL HOLDINGS LIMITED Shareholders

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irwin mitchell holdings limited directors

Irwin Mitchell Holdings Limited currently has 6 directors. The longest serving directors include Mr Melvyn Egglenton (Aug 2013) and Mr Glyn Barker (Aug 2013).

officercountryagestartendrole
Mr Melvyn Egglenton68 years Aug 2013- Director
Mr Glyn BarkerUnited Kingdom71 years Aug 2013- Director
Mr Craig MarshallUnited Kingdom57 years May 2014- Director
Mr Richard Allen54 years Jun 2019- Director
Ms Maria Da Cunha Da SilvaUnited Kingdom62 years Sep 2022- Director
Mr Andrew Kemp63 years Feb 2023- Director

P&L

April 2024

turnover

304.3m

+10%

operating profit

14.9m

+7%

gross margin

51.4%

+1.11%

turnover

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

Balance Sheet

April 2024

net assets

130.8m

+0.14%

total assets

433.5m

+0.07%

cash

56m

+0.34%

net assets

Total assets minus all liabilities

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irwin mitchell holdings limited company details

company number

FC031481

Type

Other

industry

incorporation date

August 2013

age

12

incorporated

UK

ultimate parent company

IRWIN MITCHELL HOLDINGS LTD

accounts

Full Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

26 new street, st helier, JE2 3RA

Bank

HSBC BANK PLC

Legal Advisor

-

irwin mitchell holdings limited Charges & Mortgages

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irwin mitchell holdings limited Capital Raised & Share Issues BETA

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irwin mitchell holdings limited Companies House Filings - See Documents

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