march (group) limited
march (group) limited Company Information
Company Number
SC507737
Next Accounts
Nov 2025
Shareholders
express bidco limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
4 kilmartin place, tannochside park, uddingston, glasgow, G71 5PH
Website
www.edwinjamesgroup.co.ukmarch (group) limited Estimated Valuation
Pomanda estimates the enterprise value of MARCH (GROUP) LIMITED at £149.8m based on a Turnover of £188m and 0.8x industry multiple (adjusted for size and gross margin).
march (group) limited Estimated Valuation
Pomanda estimates the enterprise value of MARCH (GROUP) LIMITED at £57.8m based on an EBITDA of £9.2m and a 6.31x industry multiple (adjusted for size and gross margin).
march (group) limited Estimated Valuation
Pomanda estimates the enterprise value of MARCH (GROUP) LIMITED at £66.5m based on Net Assets of £31.6m and 2.11x industry multiple (adjusted for liquidity).
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March (group) Limited Overview
March (group) Limited is a live company located in glasgow, G71 5PH with a Companies House number of SC507737. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 2015, it's largest shareholder is express bidco limited with a 100% stake. March (group) Limited is a established, mega sized company, Pomanda has estimated its turnover at £188m with healthy growth in recent years.
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March (group) Limited Health Check
Pomanda's financial health check has awarded March (Group) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £188m, make it larger than the average company (£20.8m)
£188m - March (group) Limited
£20.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.6%)
11% - March (group) Limited
8.6% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (33.4%)
14.2% - March (group) Limited
33.4% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (5.7%)
2.7% - March (group) Limited
5.7% - Industry AVG
Employees
with 959 employees, this is above the industry average (113)
959 - March (group) Limited
113 - Industry AVG
Pay Structure
on an average salary of £55.7k, the company has an equivalent pay structure (£49k)
£55.7k - March (group) Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £196k, this is equally as efficient (£196.4k)
£196k - March (group) Limited
£196.4k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (44 days)
81 days - March (group) Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (42 days)
57 days - March (group) Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (46 days)
2 days - March (group) Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (16 weeks)
8 weeks - March (group) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a higher level of debt than the average (54.7%)
61.7% - March (group) Limited
54.7% - Industry AVG
MARCH (GROUP) LIMITED financials
March (Group) Limited's latest turnover from February 2024 is £188 million and the company has net assets of £31.6 million. According to their latest financial statements, March (Group) Limited has 959 employees and maintains cash reserves of £7.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 187,956,104 | 174,922,691 | 144,173,423 | 136,398,305 | 153,401,587 | 135,486,816 | 120,196,659 | 37,196,366 | 24,672,962 | 10,176,271 |
| Other Income Or Grants | -1,177,097 | |||||||||
| Cost Of Sales | 161,291,771 | 148,009,836 | 120,424,815 | 120,237,690 | 126,741,479 | 113,231,554 | 100,658,914 | 29,815,305 | 19,570,550 | 7,534,329 |
| Gross Profit | 26,664,333 | 26,912,855 | 23,748,608 | 16,160,615 | 25,483,011 | 22,255,262 | 19,537,745 | 7,381,061 | 5,102,412 | 2,641,942 |
| Admin Expenses | 21,598,488 | 24,093,355 | 18,131,823 | 15,416,897 | 22,106,714 | 20,283,480 | 18,235,634 | 6,041,935 | 3,659,257 | 1,672,692 |
| Operating Profit | 5,065,845 | 2,819,500 | 5,616,785 | 743,718 | 3,376,297 | 1,971,782 | 1,302,111 | 1,339,126 | 1,443,155 | 969,250 |
| Interest Payable | 877,806 | 1,879,336 | 1,117,923 | 1,249,943 | 1,393,276 | 1,030,046 | 1,303,307 | 55,362 | 37,793 | 10,824 |
| Interest Receivable | 308,898 | 118,243 | 34,191 | 7,544 | 32,680 | 57,275 | 772,386 | 2,503 | ||
| Pre-Tax Profit | 4,552,937 | 1,145,407 | 4,533,053 | -458,681 | 2,073,701 | 1,057,011 | 793,190 | 1,283,764 | 1,407,865 | 961,652 |
| Tax | -1,834,075 | -1,280,330 | -1,535,938 | -705,702 | -861,498 | -583,494 | 705,659 | -403,879 | -351,027 | -224,713 |
| Profit After Tax | 2,718,862 | -134,923 | 2,997,115 | -1,164,383 | 1,212,203 | 473,517 | 1,498,849 | 879,885 | 1,056,838 | 736,939 |
| Dividends Paid | 5,600,000 | 107,409 | 299,766 | |||||||
| Retained Profit | -2,881,138 | -134,923 | 2,997,115 | -1,164,383 | 1,212,203 | 473,517 | 1,497,795 | 879,885 | 949,429 | 437,173 |
| Employee Costs | 53,442,306 | 51,624,620 | 47,598,787 | 48,527,376 | 51,697,262 | 44,964,640 | 37,234,756 | 12,592,356 | 7,282,805 | 3,023,069 |
| Number Of Employees | 959 | 974 | 984 | 1,027 | 1,118 | 1,015 | 763 | 340 | 265 | 70 |
| EBITDA* | 9,170,336 | 6,797,443 | 9,630,265 | 1,524,535 | 7,367,338 | 5,386,339 | 3,938,842 | 2,128,795 | 1,573,593 | 1,032,244 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,918,966 | 2,010,519 | 2,127,582 | 1,828,352 | 1,862,498 | 1,968,636 | 2,122,987 | 596,274 | 495,549 | 573,749 |
| Intangible Assets | 23,998,620 | 17,319,056 | 20,278,168 | 23,546,199 | 27,084,356 | 21,508,837 | 23,404,502 | 2,372,851 | 2,482,442 | 47,767 |
| Investments & Other | 1,183,000 | 764,000 | 3,349,000 | 1,567,000 | 2,323,000 | 2,106,000 | 2,095,000 | |||
| Debtors (Due After 1 year) | 1,868,408 | 2,958,567 | 3,093,632 | 1,949,680 | ||||||
| Total Fixed Assets | 28,968,994 | 23,052,142 | 28,848,382 | 28,891,231 | 31,269,854 | 25,583,473 | 27,622,489 | 2,969,125 | 2,977,991 | 621,516 |
| Stock & work in progress | 1,191,329 | 1,679,339 | 660,691 | 702,926 | 226,455 | 601,242 | 1,372,936 | 268,002 | 311,962 | 416,516 |
| Trade Debtors | 42,047,888 | 35,520,295 | 31,541,711 | 29,588,374 | 35,714,636 | 36,094,070 | 26,821,584 | 9,774,386 | 6,944,456 | 2,108,875 |
| Group Debtors | 78,337 | |||||||||
| Misc Debtors | 2,393,848 | 3,002,715 | 2,935,469 | 2,168,568 | 3,682,246 | 3,123,165 | 3,328,556 | 537,229 | 207,156 | 652,179 |
| Cash | 7,690,642 | 7,587,125 | 6,567,042 | 21,230,635 | 13,467,248 | 4,662,746 | 8,329,321 | 3,097,447 | 5,174,465 | 1,007,196 |
| misc current assets | ||||||||||
| total current assets | 53,402,044 | 47,789,474 | 41,704,913 | 53,690,503 | 53,090,585 | 44,481,223 | 39,852,397 | 13,677,064 | 12,638,039 | 4,184,766 |
| total assets | 82,371,038 | 70,841,616 | 70,553,295 | 82,581,734 | 84,360,439 | 70,064,696 | 67,474,886 | 16,646,189 | 15,616,030 | 4,806,282 |
| Bank overdraft | 3,262 | |||||||||
| Bank loan | 3,545,191 | 3,282,353 | 2,282,353 | 2,282,353 | 261,867 | 296,940 | 19,539 | |||
| Trade Creditors | 25,316,398 | 21,099,035 | 15,629,968 | 18,476,355 | 18,224,023 | 16,431,361 | 13,882,453 | 4,788,149 | 3,672,740 | 960,268 |
| Group/Directors Accounts | 1,568,907 | 1,590 | 35,984 | |||||||
| other short term finances | ||||||||||
| hp & lease commitments | 66,367 | 156,170 | 121,805 | 121,805 | 74,852 | 87,129 | 46,463 | 69,823 | 68,106 | 35,448 |
| other current liabilities | 21,382,850 | 20,166,136 | 21,758,885 | 22,403,982 | 20,489,244 | 15,960,205 | 14,754,531 | 6,953,947 | 4,581,833 | 1,685,889 |
| total current liabilities | 48,334,522 | 41,421,341 | 37,510,658 | 44,547,333 | 42,070,472 | 34,761,048 | 30,965,800 | 12,073,786 | 8,624,471 | 2,737,128 |
| loans | 16,111,700 | 17,000,000 | 13,674,816 | 15,361,397 | 14,143,780 | 16,426,103 | 741,263 | 968,060 | 127,002 | |
| hp & lease commitments | 49,775 | 131,195 | 84,638 | 194,576 | 185,836 | 261,409 | 12,242 | 52,394 | 59,248 | 47,925 |
| Accruals and Deferred Income | ||||||||||
| other liabilities | 1,109,545 | 55,833 | 75,833 | 85,000 | 1,000,000 | 1,148,640 | ||||
| provisions | 1,318,644 | 321,313 | 937,126 | 370,779 | 441,460 | 624,020 | 395,949 | 33,307 | 39,279 | |
| total long term liabilities | 2,477,964 | 16,620,041 | 18,097,597 | 14,325,171 | 16,988,693 | 15,029,209 | 16,834,294 | 826,964 | 2,215,227 | 174,927 |
| total liabilities | 50,812,486 | 58,041,382 | 55,608,255 | 58,872,504 | 59,059,165 | 49,790,257 | 47,800,094 | 12,900,750 | 10,839,698 | 2,912,055 |
| net assets | 31,558,552 | 12,800,234 | 14,945,040 | 23,709,230 | 25,301,274 | 20,274,439 | 19,674,792 | 3,721,439 | 4,752,332 | 1,894,227 |
| total shareholders funds | 31,558,552 | 12,800,234 | 14,945,040 | 23,709,230 | 25,301,274 | 20,274,439 | 19,674,792 | 3,721,439 | 4,752,332 | 1,894,227 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 5,065,845 | 2,819,500 | 5,616,785 | 743,718 | 3,376,297 | 1,971,782 | 1,302,111 | 1,339,126 | 1,443,155 | 969,250 |
| Depreciation | 786,231 | 754,283 | 692,496 | 662,837 | 599,788 | 696,547 | 700,607 | 185,408 | 107,571 | 46,385 |
| Amortisation | 3,318,260 | 3,223,660 | 3,320,984 | 117,980 | 3,391,253 | 2,718,010 | 1,936,124 | 604,261 | 22,867 | 16,609 |
| Tax | -1,834,075 | -1,280,330 | -1,535,938 | -705,702 | -861,498 | -583,494 | 705,659 | -403,879 | -351,027 | -224,713 |
| Stock | -488,010 | 1,018,648 | -42,235 | 476,471 | -374,787 | -771,694 | 1,372,936 | -43,960 | -104,554 | 416,516 |
| Debtors | 4,906,904 | 3,910,765 | 3,864,190 | -5,690,260 | 179,647 | 9,067,095 | 30,150,140 | 3,160,003 | 4,390,558 | 2,761,054 |
| Creditors | 4,217,363 | 5,469,067 | -2,846,387 | 252,332 | 1,792,662 | 2,548,908 | 13,882,453 | 1,115,409 | 2,712,472 | 960,268 |
| Accruals and Deferred Income | 1,216,714 | -1,592,749 | -645,097 | 1,914,738 | 4,529,039 | 1,205,674 | 14,754,531 | 2,372,114 | 2,895,944 | 1,685,889 |
| Deferred Taxes & Provisions | 997,331 | -615,813 | 566,347 | -70,681 | -182,560 | 228,071 | 395,949 | -5,972 | 39,279 | |
| Cash flow from operations | 9,348,775 | 3,848,205 | 1,347,235 | 8,129,011 | 12,840,121 | 490,097 | 2,154,358 | 2,090,424 | 2,584,257 | 276,118 |
| Investing Activities | ||||||||||
| capital expenditure | -628,850 | -22,056,181 | -301,702 | -2,492,795 | -128,631 | |||||
| Change in Investments | 419,000 | -2,585,000 | 1,782,000 | -756,000 | 217,000 | 11,000 | 2,095,000 | |||
| cash flow from investments | -419,000 | 2,585,000 | -1,782,000 | 756,000 | -217,000 | -639,850 | -24,151,181 | -301,702 | -2,492,795 | -128,631 |
| Financing Activities | ||||||||||
| Bank loans | -3,545,191 | 262,838 | 1,000,000 | 2,282,353 | -35,073 | 277,401 | 19,539 | |||
| Group/Directors Accounts | 1,568,907 | -1,590 | -34,394 | 35,984 | ||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -16,111,700 | -888,300 | 3,325,184 | -1,686,581 | 1,217,617 | -2,282,323 | 16,426,103 | -226,797 | 841,058 | 127,002 |
| Hire Purchase and Lease Commitments | -171,223 | 80,922 | -109,938 | 55,693 | -87,850 | 289,833 | 58,705 | -5,137 | 43,981 | 83,373 |
| other long term liabilities | 1,053,712 | -20,000 | -9,167 | -915,000 | 1,000,000 | -1,148,640 | 1,148,640 | |||
| share issue | ||||||||||
| interest | -568,908 | -1,761,093 | -1,083,732 | -1,242,399 | -1,360,596 | -972,771 | -530,921 | -55,362 | -35,290 | -10,824 |
| cash flow from financing | 7,410,244 | -4,598,354 | -13,184,149 | -3,953,110 | 5,583,803 | -2,839,131 | 36,413,237 | -3,383,377 | 4,150,072 | 1,712,128 |
| cash and cash equivalents | ||||||||||
| cash | 103,517 | 1,020,083 | -14,663,593 | 7,763,387 | 8,804,502 | -3,666,575 | 8,329,321 | -2,077,018 | 4,167,269 | 1,007,196 |
| overdraft | -3,262 | 3,262 | ||||||||
| change in cash | 103,517 | 1,020,083 | -14,663,593 | 7,763,387 | 8,804,502 | -3,666,575 | 8,329,321 | -2,073,756 | 4,164,007 | 1,007,196 |
march (group) limited Credit Report and Business Information
March (group) Limited Competitor Analysis
Perform a competitor analysis for march (group) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in G71 area or any other competitors across 12 key performance metrics.
march (group) limited Ownership
MARCH (GROUP) LIMITED group structure
March (Group) Limited has 9 subsidiary companies.
Ultimate parent company
2 parents
MARCH (GROUP) LIMITED
SC507737
9 subsidiaries
march (group) limited directors
March (Group) Limited currently has 4 directors. The longest serving directors include Mr Gregor Roberts (Jul 2019) and Mr Mark Orpin (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregor Roberts | 49 years | Jul 2019 | - | Director | |
| Mr Mark Orpin | England | 55 years | Dec 2020 | - | Director |
| Mr Christopher Kehoe | England | 53 years | Dec 2020 | - | Director |
| Mr David Wilson | Scotland | 48 years | Oct 2023 | - | Director |
P&L
February 2024turnover
188m
+7%
operating profit
5.1m
+80%
gross margin
14.2%
-7.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
31.6m
+1.47%
total assets
82.4m
+0.16%
cash
7.7m
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
march (group) limited company details
company number
SC507737
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
February 2024
previous names
edwin james group limited (January 2025)
edwin james holdings limited (March 2020)
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
4 kilmartin place, tannochside park, uddingston, glasgow, G71 5PH
Bank
HSBC BANK PLC
Legal Advisor
-
march (group) 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 found 8 charges/mortgages relating to march (group) limited. Currently there are 3 open charges and 5 have been satisfied in the past.
march (group) 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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march (group) limited Companies House Filings - See Documents
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