MMS UK HOLDINGS LIMITED
Operating as a UK holding company for the French multinational Publicis Groupe, the entity controls a portfolio of prominent advertising, media, and communications agencies including Saatchi & Saatchi, Razorfish, and BBH.
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Cash
£101m
+24.7% vs 2024
Net assets
£1bn
+11.4% highest in 3 filed years
Employees
9,708
+1.7% highest in 3 filed years
Profit before tax
£153m
+20.5% vs 2024
Watch the reel
Our short-form breakdown of MMS UK HOLDINGS LIMITED's latest filing
Inside the £1.48bn accounts of Publicis's UK holding company. 📊
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
As with any company placing reliance on other Publicis Groupe entities for Publicis Groupe 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 that it will not do so.
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Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,370,000,000 | £1,384,000,000 | £1,482,000,000 | +7.1% | |
| Operating profit | £201,000,000 | £164,000,000 | £178,000,000 | +8.5% | |
| Profit before tax | £177,000,000 | £127,000,000 | £153,000,000 | +20.5% | |
| Net profit | £136,000,000 | £95,000,000 | £110,000,000 | +15.8% | |
| Cash | £130,000,000 | £81,000,000 | £101,000,000 | +24.7% | |
| Total assets less current liabilities | £1,380,000,000 | £1,103,000,000 | £1,612,000,000 | +46.1% | |
| Net assets | £761,000,000 | £909,000,000 | £1,013,000,000 | +11.4% | |
| Equity | £806,000,000 | £909,000,000 | £1,013,000,000 | +11.4% | |
| Average employees | 9,281 | 9,547 | 9,708 | +1.7% | |
| Wages | £603,000,000 | £626,000,000 | £643,000,000 | +2.7% | |
| Directors' remuneration | — | £500,000 | £600,000 | +20% | |
| Highest paid director | — | £304,000 | £330,000 | +8.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 14.7% | 11.8% | 12.0% | |
| Net margin | 9.9% | 6.9% | 7.4% | |
| Return on capital employed | 14.6% | 14.9% | 11.0% | |
| Gearing (liabilities / total assets) | 77.9% | 73.9% | 74.1% | |
| Current ratio | 1.18x | 1.06x | 1.29x | |
| Interest cover | 3.59x | 2.38x | 3.02x |
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.
Audit & accounting basis
- Accounting basis
- UK-adopted IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As with any company placing reliance on other Publicis Groupe entities for Publicis Groupe 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 that it will not do so.”
Group structure
- MMS UK HOLDINGS LIMITED · parent
- Itacco M Ltd 100%
- BBH China Limited 100%
- Beijing Publicis Life Brands Dreams Communication Co., Ltd. 100%
- Leo Burnett Beijing Communications Co., Ltd. 100%
- Mediaplex Shanghai Advertising Co., Ltd. 100%
- Manning Selvage & Lee Public Relations Consultancy Beijing Co., Ltd. 100%
- Profitero Shanghai Co Ltd 100%
- Publicis Wangfan (Shanghai) Information Trans. Co., Ltd. 100%
- Razorfish Consulting (Shanghai) Co., Ltd. 100%
- S&S Greatwall Advertising Co. Ltd 100%
- Shanghai Ideas Palace Adverstising Co., Ltd. 100%
- BBH Communications India Private Ltd 100%
- BBH Communications (Asia Pacific) Pte Ltd 100%
- CNC Communications & Network Consulting FZ LLC 100%
- Alpha 245 Limited 100%
- APX Trading Limited 100%
- Bartle Bogle Hegarty Limited 100%
- BBH Communications Limited 100%
- BBH Partners LLP 100%
- Cheat Limited 100%
- CNC Communications & Network Consulting Ltd 100%
- Corra Technology Limited 100%
- DigitasLBI Limited 100%
- Epsilon International UK Limited 100%
- Fallon London Limited 100%
- Leo Burnett Limited 100%
- Lion Re: Sources UK Limited 100%
- Lotame Solutions International Limited 100%
- MARS Advertising Europe Limited 100%
- Octopus Communications Consultancy Limited (Publicis Pro UK) 100%
- PG Media Services Limited 100%
- Prodigious UK Limited 100%
- Profitero UK Limited 100%
- Publicis Healthcare Comm. Group Limited 100%
- Publicis Limited 100%
- Publicis Media Exchange Limited 100%
- Publicis Media Limited 100%
- Publicis Media UK Limited 100%
- Publicis Sapient AI Labs Ltd 100%
- Saatchi & Saatchi Group Limited 100%
- Saatchi & Saatchi Holdings Limited 100%
- Saatchi & Saatchi (Central Services) Limited 100%
- Salter Baxter Communications Limited 100%
- Sapient Limited 100%
- Spark Foundry Limited 100%
- St Marks Studios Limited 100%
- Starcom Worldwide Limited 100%
- Taylor Herring Limited 100%
- Translate Plus Limited 100%
- Turner Duckworth Limited 100%
- Zenith International (Media) Limited 100%
- Zenith Services (Media) Limited 100%
- Zenith UK (Media) Limited 100%
- Zeus Enterprise Ltd (Yieldify UK) 100%
Significant events
- “February 26, 2026 Zeus Enterprise Limited”
- “June 9, 2026 Publicis Sapient Al Labs Limited”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MUWANGA, Philippa | Secretary | 2020-06-16 | — | — |
| CROWTHER, Christopher Mark | Director | 2019-12-06 | May 1971 | British |
| NOLD, Loris Philippe, Mr. | Director | 2024-02-08 | Nov 1970 | French |
| TEPPAZ, Bruno, Mr. | Director | 2024-11-29 | Sep 1969 | French |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Sarah Anne | Secretary | 2014-01-13 | 2015-04-02 |
| BASRAN, Raj | Secretary | 2012-02-10 | 2017-01-18 |
| DAVIS, Robert | Secretary | 2010-11-03 | 2011-04-13 |
| EWING, Susanna | Secretary | 2007-11-30 | 2009-11-16 |
| GONZALEZ-GOMEZ, Minna Katariina | Secretary | 2007-03-26 | 2010-11-02 |
| KIERNAN EARL, Elizabeth Louise | Secretary | 2004-10-15 | 2007-11-30 |
| KURTZ, Catherine Elizabeth Strathmore | Secretary | 2003-12-02 | 2005-06-13 |
| MUNIS, Joanne | Secretary | 2015-04-07 | 2020-06-16 |
| RAJ, Nicola | Secretary | 2017-06-07 | 2019-02-15 |
| WALLS ECKLEY, Gillian | Secretary | 2012-05-17 | 2013-10-11 |
| WALLS ECKLEY, Gillian | Secretary | 2011-04-13 | 2012-02-10 |
| WYLLIE, Alison | Secretary | 2005-12-19 | 2006-10-06 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2003-12-02 | 2003-12-02 |
| BENDEL, Richard Nigel | Director | 2003-12-20 | 2006-10-04 |
| ETIENNE, Jean-Michel Michel | Director | 2003-12-20 | 2021-02-08 |
| HEILBRONNER, Anne-Gabrielle | Director | 2015-03-26 | 2016-05-04 |
| KARAM, Michel | Director | 2003-12-02 | 2015-03-27 |
| NAOURI, Jean-Yves | Director | 2011-04-25 | 2015-03-24 |
| O'BYRNE, Teresa Anne | Director | 2015-03-24 | 2016-04-11 |
| PINDER, Richard Charles | Director | 2006-10-05 | 2011-04-25 |
| PROCH, Michel-Alain, Mr. | Director | 2021-02-08 | 2024-02-08 |
| WIDDOWSON, Keith Edward | Director | 2016-04-25 | 2019-10-25 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2003-12-02 | 2003-12-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Publicis Groupe S.A | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-11 | AA | accounts | Accounts with accounts type group | |
| 2026-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-04 | AA | accounts | Accounts with accounts type group | |
| 2024-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-29 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-11-28 | AA | accounts | Accounts with accounts type full | |
| 2023-11-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-30 | AA | accounts | Accounts with accounts type full | |
| 2021-04-16 | DISS40 | gazette | Gazette filings brought up to date | |
| 2021-04-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.