SAGE PUBLICATIONS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although some uncertainties remain in the general economic outlook, management believes that the Company's working capital, cash on hand, access to funding from its parent company, and strategic measures to improve profitability and reduce costs as needed, will provide sufficient liquidity to fund the Group's operations and meet its future obligations for the next 12 months from the issuance of the consolidated financial statements. Consequently, the directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future, thus they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. SAGE PUBLICATIONS LIMITED · parent
   1. Sage Publications India Pvt Limited 76% · India · local publishing programme producing academic journals, it provides outsourced publishing services and distributes other Sage books and journals in its local markets.
   2. Sage Publications Asia-Pacific Pte Limited 100% · Singapore · marketing and promotion of Sage content throughout the Asia Pacific region.
   3. Adam Matthew Digital Limited 100% · UK · publishes unique primary source collections from archives around the world. Its award-winning collections span the social sciences, humanities and cover a multitude of topics ranging from Medieval manuscripts and Victorian moving images to ephemera from the 1960's.
   4. Edizioni Del Centauro Srl 100% · Italy · owns journal copyrights which are licensed to and published by the Company.
   5. Lean Library BV 100% · Netherlands · technology start-up which promotes the value of the academic library to patrons and brings library services directly into the patrons' workflow via their web browser.
   6. Talis Group Limited 100% · UK · provides and develops software and related solutions for higher education institutions.
   7. Wichtig International Limited 100% · UK · owns the entire share capital of Wichtig Publishing Srl, a company incorporated in Italy. The Wichtig acquisition included 13 established biomedical journals focused on the European market.
   8. Hubro Education AS 100% · Norway · develops business simulations for higher education institutions and corporate clients.
   9. IOS Press B.V. 100% · Netherlands · publishing company specializing in scientific, technical and medical research.

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +6.2%

  £192,791,000 → £204,764,000

• Cash

  -32.7%

  £40,883,000 → £27,515,000

• Net assets

  -45.7%

  £47,943,000 → £26,047,000

• Employees

  +7.4%

  1,268 → 1,362

• Operating profit

  -16.7%

  £21,725,000 → £18,091,000

• Profit before tax

  -18%

  £21,911,000 → £17,971,000

• Wages

  +10.1%

  £56,799,000 → £62,540,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers