vale europe limited

vale europe limited Company Information

Share VALE EUROPE LIMITED
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Company Number

00137114

Industry

Other non-ferrous metal production

 

Shareholders

vale inco europe holdings

Group Structure

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Contact

Registered Address

suite 1, 7th floor 50 broadway, london, SW1H 0BL

vale europe limited Estimated Valuation

£164.5m

Pomanda estimates the enterprise value of VALE EUROPE LIMITED at £164.5m based on a Turnover of £65.1m and 2.53x industry multiple (adjusted for size and gross margin).

vale europe limited Estimated Valuation

£460.4m

Pomanda estimates the enterprise value of VALE EUROPE LIMITED at £460.4m based on an EBITDA of £38.4m and a 12x industry multiple (adjusted for size and gross margin).

vale europe limited Estimated Valuation

£308.1m

Pomanda estimates the enterprise value of VALE EUROPE LIMITED at £308.1m based on Net Assets of £180.2m and 1.71x industry multiple (adjusted for liquidity).

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Vale Europe Limited Overview

Vale Europe Limited is a live company located in london, SW1H 0BL with a Companies House number of 00137114. It operates in the other non-ferrous metal production sector, SIC Code 24450. Founded in July 1914, it's largest shareholder is vale inco europe holdings with a 100% stake. Vale Europe Limited is a mature, large sized company, Pomanda has estimated its turnover at £65.1m with healthy growth in recent years.

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Vale Europe Limited Health Check

Pomanda's financial health check has awarded Vale Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £65.1m, make it larger than the average company (£23.7m)

£65.1m - Vale Europe Limited

£23.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (10.2%)

8% - Vale Europe Limited

10.2% - Industry AVG

production

Production

with a gross margin of 54.5%, this company has a lower cost of product (18%)

54.5% - Vale Europe Limited

18% - Industry AVG

profitability

Profitability

an operating margin of 52.2% make it more profitable than the average company (2.7%)

52.2% - Vale Europe Limited

2.7% - Industry AVG

employees

Employees

with 195 employees, this is above the industry average (98)

195 - Vale Europe Limited

98 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.4k, the company has a higher pay structure (£45.3k)

£70.4k - Vale Europe Limited

£45.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £333.9k, this is equally as efficient (£291.2k)

£333.9k - Vale Europe Limited

£291.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Vale Europe Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 56 days, this is slower than average (48 days)

56 days - Vale Europe Limited

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 58 days, this is less than average (85 days)

58 days - Vale Europe Limited

85 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (8 weeks)

4 weeks - Vale Europe Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32%, this is a lower level of debt than the average (40.4%)

32% - Vale Europe Limited

40.4% - Industry AVG

VALE EUROPE LIMITED financials

EXPORTms excel logo

Vale Europe Limited's latest turnover from December 2023 is £65.1 million and the company has net assets of £180.2 million. According to their latest financial statements, Vale Europe Limited has 195 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover65,104,00070,622,00060,693,00052,065,00057,675,000145,868,000147,059,000119,527,000131,308,000228,091,000377,857,000245,260,000377,617,000322,187,000379,851,000
Other Income Or Grants000000000000000
Cost Of Sales29,619,00058,175,00047,077,00037,953,00053,440,000109,559,000130,096,000110,412,00023,608,000211,833,000418,699,000227,590,000351,025,000302,876,000350,677,000
Gross Profit35,485,00012,447,00013,616,00014,112,0004,235,00036,309,00016,963,0009,115,000107,700,00016,258,000-40,842,00017,670,00026,592,00019,311,00029,174,000
Admin Expenses1,480,000330,0001,090,000224,000675,0005,312,00017,886,0001,573,0001,126,0001,529,0002,085,0002,098,0004,796,0007,884,0007,820,000
Operating Profit34,005,00012,117,00012,526,00013,888,0003,560,00030,997,000-923,0007,542,000106,574,00014,729,000-42,927,00015,572,00021,796,00011,427,00021,354,000
Interest Payable8,965,0004,076,0002,378,0002,668,0001,332,000935,0001,220,0006,532,0009,442,00011,769,0005,408,0001,261,000594,000566,0001,232,000
Interest Receivable16,410,0007,528,0002,504,0002,572,0003,514,0001,980,0001,253,0005,218,0004,519,0004,872,0004,191,00060,0001,111,00025,00033,000
Pre-Tax Profit48,422,00064,215,00024,749,00013,792,00059,449,00032,042,000-890,000-7,615,00038,094,000-34,966,000-43,159,00014,371,00022,502,00011,116,00020,172,000
Tax-5,701,000-3,726,000-4,446,000-1,785,000-8,155,000-2,834,000793,000-4,486,000-3,287,000-4,504,000-5,174,000-3,784,000-6,216,000-2,960,000-6,562,000
Profit After Tax42,721,00060,489,00020,303,00012,007,00051,294,00029,208,000-97,000-12,101,00034,807,000-39,470,000-48,333,00010,587,00016,286,0008,156,00013,610,000
Dividends Paid0000000000020,000,000016,000,0000
Retained Profit42,721,00060,489,00020,303,00012,007,00051,294,00029,208,000-97,000-12,101,00034,807,000-39,470,000-48,333,000-9,413,00016,286,000-7,844,00013,610,000
Employee Costs13,727,00015,329,00016,987,00016,968,00014,925,00020,234,00022,734,00018,002,00017,764,00019,379,00017,632,00018,948,00018,436,00017,826,00018,229,000
Number Of Employees195198205218221224304309310314312322312325347
EBITDA*38,361,00014,916,00015,180,00016,478,0005,821,00033,911,0006,413,00016,093,000111,504,00018,337,000-40,228,00018,074,00024,012,00013,355,00023,042,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets57,269,00056,375,00050,797,00042,240,00036,573,00032,878,00033,007,000104,171,00095,229,00072,373,00057,158,00029,870,00029,354,00025,518,00021,846,000
Intangible Assets000000000000000
Investments & Other187,0005,183,0005,183,000215,000215,000215,000215,000215,000215,0002,021,000215,000215,0002,903,0001,078,0001,078,000
Debtors (Due After 1 year)0000008,923,0008,923,0008,923,0008,923,0008,923,0000000
Total Fixed Assets57,456,00061,558,00055,980,00042,455,00036,788,00033,093,00042,145,000113,309,000104,367,00083,317,00066,296,00030,085,00032,257,00026,596,00022,924,000
Stock & work in progress4,712,0004,623,0004,136,0002,977,0002,861,0002,808,0003,647,0003,964,0004,052,0004,078,0004,012,0004,069,0003,619,00016,762,00017,136,000
Trade Debtors00044,00044,00044,000134,000222,0001,305,0003,342,00026,236,00013,385,00032,729,00033,656,00039,449,000
Group Debtors189,051,000161,527,000237,436,000224,346,000221,408,000125,912,000108,330,00095,330,00028,913,00030,037,00016,283,0001,932,000236,0001,318,0003,754,000
Misc Debtors01,612,0001,841,000810,00012,614,00019,333,00030,605,00020,864,00014,660,00016,951,0006,565,00013,461,00036,217,00022,090,00026,837,000
Cash2,105,0007,137,0003,925,00014,178,0004,821,00022,840,00020,325,00026,071,00033,038,0009,608,0005,328,00018,124,0008,979,00034,699,0005,187,000
misc current assets11,605,0000000000174,000000000
total current assets207,473,000174,899,000247,338,000242,355,000241,748,000170,937,000163,041,000146,451,00082,142,00064,016,00058,424,00050,971,00081,780,000108,525,00092,363,000
total assets264,929,000236,457,000303,318,000284,810,000278,536,000204,030,000205,186,000259,760,000186,509,000147,333,000124,720,00081,056,000114,037,000135,121,000115,287,000
Bank overdraft000000000002,000035,0004,405,000
Bank loan000000000000000
Trade Creditors 4,623,0002,945,0003,779,0005,318,0002,102,0002,371,0003,858,0004,583,0003,247,0006,900,0008,595,0005,465,0005,989,0003,957,0002,631,000
Group/Directors Accounts238,000676,000183,000178,00012,114,000114,000114,000231,000008,629,00010,344,00030,009,00061,468,0004,980,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities19,737,00017,893,00014,282,0008,346,0009,063,0008,465,00012,593,0005,214,000888,0008,875,0005,910,0004,229,0006,245,0008,806,00034,118,000
total current liabilities24,598,00021,514,00018,244,00013,842,00023,279,00010,950,00016,565,00010,028,0004,135,00015,775,00023,134,00020,040,00042,243,00074,266,00046,134,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income3,953,0004,181,0004,335,0002,761,0001,635,0000000011,000086,0000161,000
other liabilities000000000000000
provisions56,180,00081,220,000130,949,000131,176,000145,157,000130,334,000149,586,000198,368,000159,116,000161,958,00093,496,0002,487,0001,898,0002,213,0001,472,000
total long term liabilities60,133,00085,401,000135,284,000142,477,000152,840,000147,333,000175,077,000231,974,000177,009,000183,319,000105,566,00021,904,00020,260,00016,514,00016,443,000
total liabilities84,731,000106,915,000153,528,000156,319,000176,119,000158,283,000191,642,000242,002,000181,144,000199,094,000128,700,00041,944,00062,503,00090,780,00062,577,000
net assets180,198,000129,542,000149,790,000128,491,000102,417,00045,747,00013,544,00017,758,0005,365,000-51,761,000-3,980,00039,112,00051,534,00044,341,00052,710,000
total shareholders funds180,198,000129,542,000149,790,000128,491,000102,417,00045,747,00013,544,00017,758,0005,365,000-51,761,000-3,980,00039,112,00051,534,00044,341,00052,710,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit34,005,00012,117,00012,526,00013,888,0003,560,00030,997,000-923,0007,542,000106,574,00014,729,000-42,927,00015,572,00021,796,00011,427,00021,354,000
Depreciation4,356,0002,799,0002,654,0002,590,0002,261,0002,914,0007,336,0008,551,0004,930,0003,608,0002,699,0002,502,0002,216,0001,928,0001,688,000
Amortisation000000000000000
Tax-5,701,000-3,726,000-4,446,000-1,785,000-8,155,000-2,834,000793,000-4,486,000-3,287,000-4,504,000-5,174,000-3,784,000-6,216,000-2,960,000-6,562,000
Stock89,000487,0001,159,000116,00053,000-839,000-317,000-88,000-26,00066,000-57,000450,000-13,143,000-374,00017,136,000
Debtors25,912,000-76,138,00014,077,000-8,866,00088,777,000-2,703,00022,653,00071,538,000-5,452,0001,246,00029,229,000-40,404,00012,118,000-12,976,00070,040,000
Creditors1,678,000-834,000-1,539,0003,216,000-269,000-1,487,000-725,0001,336,000-3,653,000-1,695,0003,130,000-524,0002,032,0001,326,0002,631,000
Accruals and Deferred Income1,616,0003,457,0007,510,000409,0002,233,000-4,128,0007,379,0004,326,000-7,987,0002,954,0001,692,000-2,102,000-2,475,000-25,473,00034,279,000
Deferred Taxes & Provisions-25,040,000-49,729,000-227,000-13,981,00014,823,000-19,252,000-48,782,00039,252,000-2,842,00068,462,00091,009,000589,000-315,000741,0001,472,000
Cash flow from operations-15,087,00039,735,0001,242,00013,087,000-74,377,0009,752,000-57,258,000-14,929,00099,213,00082,242,00021,257,00052,207,00018,063,000339,000-32,314,000
Investing Activities
capital expenditure-5,250,000-8,377,000-11,211,000-8,257,000-5,956,000-2,785,00063,828,000-17,493,000-27,786,000-18,823,000-29,987,000-3,018,000-6,052,000-5,600,000-23,534,000
Change in Investments-4,996,00004,968,00000000-1,806,0001,806,0000-2,688,0001,825,00001,078,000
cash flow from investments-254,000-8,377,000-16,179,000-8,257,000-5,956,000-2,785,00063,828,000-17,493,000-25,980,000-20,629,000-29,987,000-330,000-7,877,000-5,600,000-24,612,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-438,000493,0005,000-11,936,00012,000,0000-117,000231,0000-8,629,000-1,715,000-19,665,000-31,459,00056,488,0004,980,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue7,935,000-80,737,000996,00014,067,0005,376,0002,995,000-4,117,00024,494,00022,319,000-8,311,0005,241,000-3,009,000-9,093,000-525,00039,100,000
interest7,445,0003,452,000126,000-96,0002,182,0001,045,00033,000-1,314,000-4,923,000-6,897,000-1,217,000-1,201,000517,000-541,000-1,199,000
cash flow from financing14,942,000-76,792,0001,127,0002,035,00019,558,0004,040,000-4,201,00023,411,00017,396,000-23,837,0002,309,000-23,875,000-40,035,00055,422,00042,881,000
cash and cash equivalents
cash-5,032,0003,212,000-10,253,0009,357,000-18,019,0002,515,000-5,746,000-6,967,00023,430,0004,280,000-12,796,0009,145,000-25,720,00029,512,0005,187,000
overdraft0000000000-2,0002,000-35,000-4,370,0004,405,000
change in cash-5,032,0003,212,000-10,253,0009,357,000-18,019,0002,515,000-5,746,000-6,967,00023,430,0004,280,000-12,794,0009,143,000-25,685,00033,882,000782,000

vale europe limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vale Europe Limited Competitor Analysis

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Perform a competitor analysis for vale europe limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SW1H area or any other competitors across 12 key performance metrics.

vale europe limited Ownership

VALE EUROPE LIMITED group structure

Vale Europe Limited has 1 subsidiary company.

Ultimate parent company

VALE SA

#0067122

2 parents

VALE EUROPE LIMITED

00137114

1 subsidiary

VALE EUROPE LIMITED Shareholders

vale inco europe holdings 100%

vale europe limited directors

Vale Europe Limited currently has 3 directors. The longest serving directors include Mr Gordon Gilpin (Feb 2019) and Mr Darren Poland (Aug 2020).

officercountryagestartendrole
Mr Gordon GilpinCanada51 years Feb 2019- Director
Mr Darren PolandWales49 years Aug 2020- Director
Mr Darren PolandWales49 years Aug 2020- Director

P&L

December 2023

turnover

65.1m

-8%

operating profit

34m

+181%

gross margin

54.6%

+209.25%

turnover

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

Balance Sheet

December 2023

net assets

180.2m

+0.39%

total assets

264.9m

+0.12%

cash

2.1m

-0.71%

net assets

Total assets minus all liabilities

vale europe limited company details

company number

00137114

Type

Private limited with Share Capital

industry

24450 - Other non-ferrous metal production

incorporation date

July 1914

age

110

incorporated

UK

ultimate parent company

VALE SA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

vale inco europe limited (August 2010)

inco europe limited (April 2008)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

suite 1, 7th floor 50 broadway, london, SW1H 0BL

Bank

-

Legal Advisor

-

vale europe 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 did not find charges/mortgages relating to vale europe limited.

charges

vale europe limited Companies House Filings - See Documents

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