Nexteq Uk Limited

POWER SEARCH PRICING

SOLUTIONS

nexteq uk limited Company Information

Live

MatureLargeHigh

Company Number

00966797

Website

www.densitron.com

Registered Address

aisle barn 100 high street, balsham, cambridge, CB21 4EP

Industry

Activities of head offices

Wholesale of electronic and telecommunications equipment and parts

Telephone

02076484200

Next Accounts Due

September 2025

Group Structure

View All

Directors

Stuart Fisher4 Years

Johannes Olivier0 Years

View All

Shareholders

nexteq plc 100%

nexteq uk limited Estimated Valuation

£74.2m

Pomanda estimates the enterprise value of NEXTEQ UK LIMITED at £74.2m based on an EBITDA of £8.7m and a 8.5x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Nexteq Uk Limited is a live company located in cambridge, CB21 4EP with a Companies House number of 00966797. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in November 1969, it's largest shareholder is nexteq plc with a 100% stake. Nexteq Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £60.4m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Nexteq Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

7 Strong

1 Regular

4 Weak

Size

annual sales of £60.4m, make it larger than the average company (£18.5m)

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (7.4%)

EXPORT

Nexteq Uk Limited's latest turnover from December 2023 is £60.4 million and the company has net assets of £18.2 million. According to their latest financial statements, Nexteq Uk Limited has 43 employees and maintains cash reserves of £164.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	60,353,538	62,381,664	44,025,488	32,565,566	8,951,675	9,322,217	8,064,880	7,639,509	6,607,530	7,081,917	5,962,589	7,696,359	7,793,531	7,733,784	4,960,191
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	45,460,769	50,158,218	37,379,353	26,959,439	6,767,277	6,945,530	5,887,734	5,813,975	5,259,257	5,373,537	4,722,904	5,955,356	5,908,682	6,160,862	3,713,651
Gross Profit	14,892,769	12,223,446	6,646,135	5,606,126	2,184,398	2,376,687	2,177,146	1,825,533	1,348,273	1,708,380	1,239,685	1,741,003	1,884,849	1,572,922	1,246,540
Admin Expenses	7,399,505	5,897,461	4,594,010	-1,875,058	1,369,045	1,690,177	2,102,654	2,161,282	2,322,329	1,642,021	1,508,230	2,028,093	1,803,561	1,645,182	1,420,533
Operating Profit	7,493,264	6,325,985	2,052,125	7,481,184	815,353	686,510	74,492	-335,749	-974,056	66,359	-268,545	-287,090	81,288	-72,260	-173,993
Interest Payable	0	0	37,399	65,370	0	59	22,232	49,435	48,123	54,023	36,730	25,535	38,546	41,570	53,648
Interest Receivable	2,124	251	0	35,714	0	0	0	0	0	0	0	0	0	0	16,640
Pre-Tax Profit	8,789,569	6,326,236	2,014,727	7,451,529	815,353	686,451	52,259	-385,183	-1,038,536	12,336	-305,275	-312,625	42,742	-113,830	-211,001
Tax	-444,965	1,346,455	250,635	-396,796	-154,917	455,890	0	33,220	0	0	0	0	0	0	0
Profit After Tax	8,344,603	7,672,691	2,265,362	7,054,733	660,436	1,142,341	52,259	-351,963	-1,038,536	12,336	-305,275	-312,625	42,742	-113,830	-211,001
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	8,344,603	7,672,691	2,265,362	7,054,733	660,436	1,142,341	52,259	-351,963	-1,038,536	12,336	-305,275	-312,625	42,742	-113,830	-211,001
Employee Costs	3,716,997	3,249,019	2,694,736	2,620,721	549,685	668,789	885,114	866,038	586,831	741,859	896,349	983,492	823,276	855,388	707,505
Number Of Employees	43	37	34	37	10	11	13	14	16	15	15	16	14	14	14
EBITDA*	8,731,129	7,352,643	2,923,255	8,460,907	821,994	697,512	121,572	-265,031	-808,403	143,128	-235,401	-259,078	82,649	-71,486	-172,468

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	0	841	5,070	26,266	6,908	9,396	18,100	1,156	0	0	0	1,021	2,382	3,743	434
Intangible Assets	5,539,802	6,072,847	5,827,792	5,328,092	529,607	539,097	3,200	44,464	116,964	303,663	194,744	99,166	97,284	86,500	0
Investments & Other	428,384	428,384	428,384	443,106	0	0	534,030	518,307	524,622	504,536	504,536	373,138	373,138	373,138	373,138
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	5,968,186	6,502,073	6,261,247	5,797,465	536,515	548,494	555,330	563,929	641,586	808,199	699,280	473,325	472,804	463,381	373,572
Stock & work in progress	553,985	1,876,707	640,888	1,023,961	144,375	589,907	367,572	283,505	332,339	329,067	152,357	243,886	339,942	127,605	117,375
Trade Debtors	3,906,382	1,168,119	3,463,283	3,739,376	982,280	1,315,586	1,493,169	1,129,969	1,534,824	2,267,590	1,260,071	1,971,726	1,422,258	1,688,568	865,279
Group Debtors	14,471,394	6,396,738	6,673,114	4,979,057	224,354	181,468	138,287	68,545	40,129	1,883	168,328	255,111	308,924	374,328	631,112
Misc Debtors	585,092	834,572	439,959	84,118	326,378	440,534	57,994	41,235	71,843	128,419	36,488	44,531	60,684	52,351	44,247
Cash	164,780	116,492	3,675,829	9,096,366	509,237	431,189	292,940	362	413	480	703	770	11,562	1,181,084	764,256
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	19,681,634	10,392,630	14,893,074	18,922,879	2,186,625	2,958,685	2,349,963	1,523,616	1,979,549	2,727,439	1,617,947	2,516,024	2,143,370	3,423,936	2,422,269
total assets	25,649,820	16,894,702	21,154,321	24,720,344	2,723,140	3,507,179	2,905,293	2,087,545	2,621,135	3,535,638	2,317,227	2,989,349	2,616,174	3,887,317	2,795,841
Bank overdraft	0	0	0	1	0	0	0	117,357	2,272	60,478	9,895	81,927	0	0	0
Bank loan	0	0	0	26,986	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	154,200	17,675	84,753	176,901	43,000	67,801	134,122	117,841	100,563	131,294	126,842	265,677	131,805	265,277	200,940
Group/Directors Accounts	6,527,072	6,281,456	17,433,432	23,293,098	9,435,640	10,552,677	11,155,844	9,546,838	9,393,863	8,395,064	7,653,153	7,807,602	7,281,525	6,840,421	7,656,998
other short term finances	0	0	0	0	0	0	0	565,409	852,546	1,712,421	1,333,974	1,343,145	1,428,232	2,779,283	1,108,476
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	793,579	809,663	732,587	1,002,156	353,329	655,964	443,159	358,752	639,300	284,659	253,977	246,337	217,326	487,792	201,053
total current liabilities	7,474,851	7,108,794	18,250,772	24,499,142	9,831,969	11,276,443	11,733,126	10,706,199	10,988,546	10,583,916	9,377,841	9,744,688	9,058,888	10,372,773	9,167,467
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	819,462	408,707	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	819,463	408,707	0	0	0	0	0	0	0	0	0	0	0
total liabilities	7,474,851	7,108,794	19,070,235	24,907,850	9,831,969	11,276,443	11,733,126	10,706,199	10,988,546	10,583,916	9,377,841	9,744,688	9,058,888	10,372,773	9,167,467
net assets	18,174,969	9,785,908	2,084,087	-187,505	-7,108,829	-7,769,265	-8,827,833	-8,618,654	-8,367,410	-7,048,278	-7,060,614	-6,755,339	-6,442,714	-6,485,456	-6,371,626
total shareholders funds	18,174,969	9,785,908	2,084,087	-187,505	-7,108,829	-7,769,265	-8,827,833	-8,618,654	-8,367,410	-7,048,278	-7,060,614	-6,755,339	-6,442,714	-6,485,456	-6,371,626

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	7,493,264	6,325,985	2,052,125	7,481,184	815,353	686,510	74,492	-335,749	-974,056	66,359	-268,545	-287,090	81,288	-72,260	-173,993
Depreciation	841	4,230	20,024	84,679	6,640	7,667	4,467	68	0	0	1,021	1,361	1,361	774	1,525
Amortisation	1,237,024	1,022,429	851,105	895,044	0	3,334	42,612	70,649	165,653	76,769	32,123	26,651	0	0	0
Tax	-444,965	1,346,455	250,635	-396,796	-154,917	455,890	0	33,220	0	0	0	0	0	0	0
Stock	-1,322,721	1,235,818	-383,072	879,586	-445,533	222,336	84,067	-48,834	3,272	176,710	-91,529	-96,056	212,337	10,230	117,375
Debtors	10,563,438	-2,176,927	1,773,805	7,269,539	-404,575	248,138	449,700	-407,047	-751,095	933,005	-806,481	479,502	-323,381	574,609	1,540,638
Creditors	136,525	-67,077	-92,149	133,901	-24,801	-66,321	16,281	17,278	-30,731	4,452	-138,835	133,872	-133,472	64,337	200,940
Accruals and Deferred Income	-16,084	77,076	-269,569	648,827	-302,635	212,805	84,407	-280,548	354,641	30,682	7,640	29,011	-270,466	286,739	201,053
Deferred Taxes & Provisions	0	-819,462	410,755	408,707	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-834,112	8,830,745	1,832,193	1,106,421	1,189,748	829,411	-311,508	-39,201	263,330	-931,453	531,414	-479,641	-210,245	-305,249	-1,428,488
Investing Activities
capital expenditure	-703,979	-1,267,484	-1,349,633	-5,797,566	5,338	-538,195	-22,759	626	21,046	-185,688	-127,701	-28,533	-10,784	-90,583	-1,959
Change in Investments	0	0	-14,721	443,106	0	-534,030	15,722	-6,315	20,086	0	131,398	0	0	0	373,138
cash flow from investments	-703,979	-1,267,484	-1,334,912	-6,240,672	5,338	-4,165	-38,481	6,941	960	-185,688	-259,099	-28,533	-10,784	-90,583	-375,097
Financing Activities
Bank loans	0	0	-26,986	26,986	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	245,616	-11,151,976	-5,859,665	13,857,458	-1,117,037	-603,167	1,609,006	152,975	998,799	741,911	-154,449	526,077	441,104	-816,577	7,656,998
Other Short Term Loans	0	0	0	0	0	0	-565,409	-287,137	-859,875	378,447	-9,171	-85,087	-1,351,051	1,670,807	1,108,476
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	44,458	29,130	6,230	-133,410	0	-83,773	-261,438	100,720	-280,596	0	0	0	0	0	-6,160,625
interest	2,124	251	-37,399	-29,656	0	-59	-22,232	-49,435	-48,123	-54,023	-36,730	-25,535	-38,546	-41,570	-37,008
cash flow from financing	292,198	-11,122,595	-5,917,820	13,721,378	-1,117,037	-686,999	759,927	-82,877	-189,795	1,066,335	-200,350	415,455	-948,493	812,660	2,567,841
cash and cash equivalents
cash	48,288	-3,559,336	-5,420,537	8,587,129	78,048	138,249	292,578	-51	-67	-223	-67	-10,792	-1,169,522	416,828	764,256
overdraft	0	0	-1	1	0	0	-117,357	115,085	-58,206	50,583	-72,032	81,927	0	0	0
change in cash	48,288	-3,559,336	-5,420,536	8,587,128	78,048	138,249	409,935	-115,136	58,139	-50,806	71,965	-92,719	-1,169,522	416,828	764,256

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for nexteq uk limited. Get real-time insights into nexteq uk limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for nexteq uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in CB21 area or any other competitors across 12 key performance metrics.

NEXTEQ UK LIMITED group structure

Nexteq Uk Limited has no subsidiary companies.

Ultimate parent company

NEXTEQ PLC

04316977

1 parent

NEXTEQ UK LIMITED

00966797

NEXTEQ UK LIMITED Shareholders

nexteq plc

100%

Nexteq Uk Limited currently has 4 directors. The longest serving directors include Mr Stuart Fisher (Jan 2020) and Mr Johannes Olivier (Nov 2023).

officer	country	age	start	end	role
Mr Stuart Fisher	England	42 years	Jan 2020	-	Director
Mr Johannes Olivier	United Kingdom	46 years	Nov 2023	-	Director
Mr Duncan Faithfull	United Kingdom	53 years	Sep 2024	-	Director
Mr Matthew Staight	United Kingdom	41 years	Sep 2024	-	Director

P&L

December 2023

turnover

60.4m

-3%

operating profit

7.5m

+18%

gross margin

24.7%

+25.93%

turnover

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

Balance Sheet

December 2023

net assets

18.2m

+0.86%

total assets

25.6m

+0.52%

cash

164.8k

+0.41%

net assets

Total assets minus all liabilities

Similar Companies

the e.s.d. control centre limited

nps (uk11) limited

residential land holdings limited

3.5

speakerbus group plc

greenacre capital limited

company number

00966797

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

46520 - Wholesale of electronic and telecommunications equipment and parts

incorporation date

November 1969

ultimate parent company

NEXTEQ PLC

previous names

quixant uk limited (June 2023)

densitron uk limited (January 2020)

address

aisle barn 100 high street, balsham, cambridge, CB21 4EP

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 6 charges/mortgages relating to nexteq uk limited. Currently there are 4 open charges and 2 have been satisfied in the past.

nexteq uk limited Company Information

nexteq uk limited Estimated Valuation

nexteq uk limited Estimated Valuation

nexteq uk limited Estimated Valuation

Nexteq Uk Limited Overview

Nexteq Uk Limited Health Check

NEXTEQ UK LIMITED financials

nexteq uk limited Credit Report and Business Information

Nexteq Uk Limited Competitor Analysis

nexteq uk limited Ownership

nexteq uk limited directors

nexteq uk limited company details

nexteq uk limited Charges & Mortgages

nexteq uk limited Companies House Filings - See Documents