PHD INTERNATIONAL LIMITED

1. PHD INTERNATIONAL LIMITED 2006-07-13 → present
2. HILLGATE (33) LIMITED 1999-04-12 → 2006-07-13

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

Standalone (parent only)

Auditor

MHA MacIntyre Hudson LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which the directors believe to be appropriate for the following reasons. The Company has net current assets of £5,371,857 at 31 December 2024 (2023: £12,164,875). The Company participates in a cash concentration arrangement with its fellow subsidiaries, Omnicom Finance Limited and Omnicom Financial Services Limited, the group’s UK treasury operations, under which bank balances are cleared to zero on a daily basis either by the Company depositing cash with Omnicom Finance Limited/Omnicom Financial Services Limited or by Omnicom Finance Limited/Omnicom Financial Services Limited borrowing cash with the Company. The Company's access to borrowings under the cash concentration arrangement is not limited as long as these borrowings are acquired in the normal course of business and are made in accordance with the Omnicom Group Inc Grant of Authority and includes a period of at least 12 months from the date of approval of these financial statements. Omnicom Finance Limited is able to make this commitment because Omnicom Finance Limited is a co-borrower with Omnicom Finance Inc. and Omnicom Capital Inc. under certain group bank facilities which are more fully described in the Omnicom Group Inc. financial statements filed on Form 10-K and available at www.omnicomgroup.com. The directors have made a going concern assessment which covers a period of at least 12 months from the date of approval of these financial statements, taking account of severe but plausible downside scenarios including future impacts of economic uncertainty, that indicate the Company will have sufficient funds to meet its liabilities as they fall due throughout that period, which the group facilities described above, as well as the company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe it will not do so. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “In the period since 31 December 2024 and as of the date of these Financial Statements, the company has continued addressing issues arising from the war in Ukraine, which has added heavily to the inflationary pressures building up in the OECD, threatening the post-pandemic recovery and pushed up consumer prices, especially for energy and food, resulting in an evident economic risk exposure for its business in 2025 and potentially beyond. The Hamas-Israel war in Gaza presents significant risks and uncertainties, and the heightened political tensions might impact consumer sentiment and investor confidence, potentially affecting demand for goods and services both domestically and internationally.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +9.3%

  £41,336,401 → £45,162,259

• Cash

  —

  Not reported

• Net assets

  -55.8%

  £12,164,875 → £5,371,857

• Employees

  +10.2%

  315 → 347

• Operating profit

  +24.8%

  £4,724,950 → £5,894,602

• Profit before tax

  +32%

  £4,902,009 → £6,471,528

• Wages

  +9.7%

  £20,687,560 → £22,683,915

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