video europe ltd Company Information
Company Number
01097889
Next Accounts
4 days late
Shareholders
g & m video ltd pension scheme
ocd holdings ltd
View AllGroup Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
www.videoeurope.co.ukvideo europe ltd Estimated Valuation
Pomanda estimates the enterprise value of VIDEO EUROPE LTD at £8.5m based on a Turnover of £10.8m and 0.79x industry multiple (adjusted for size and gross margin).
video europe ltd Estimated Valuation
Pomanda estimates the enterprise value of VIDEO EUROPE LTD at £22.6m based on an EBITDA of £6.3m and a 3.59x industry multiple (adjusted for size and gross margin).
video europe ltd Estimated Valuation
Pomanda estimates the enterprise value of VIDEO EUROPE LTD at £6.4m based on Net Assets of £2.7m and 2.33x industry multiple (adjusted for liquidity).
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Video Europe Ltd Overview
Video Europe Ltd is a live company located in london, EC4N 6EU with a Companies House number of 01097889. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in February 1973, it's largest shareholder is g & m video ltd pension scheme with a 88.5% stake. Video Europe Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £10.8m with high growth in recent years.
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Video Europe Ltd Health Check
Pomanda's financial health check has awarded Video Europe Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £10.8m, make it in line with the average company (£9.4m)
- Video Europe Ltd
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.9%)
- Video Europe Ltd
5.9% - Industry AVG
Production
with a gross margin of 46.2%, this company has a comparable cost of product (46.2%)
- Video Europe Ltd
46.2% - Industry AVG
Profitability
an operating margin of 26% make it more profitable than the average company (11.6%)
- Video Europe Ltd
11.6% - Industry AVG
Employees
with 16 employees, this is below the industry average (37)
16 - Video Europe Ltd
37 - Industry AVG
Pay Structure
on an average salary of £44.6k, the company has an equivalent pay structure (£44.6k)
- Video Europe Ltd
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £674.9k, this is more efficient (£208.8k)
- Video Europe Ltd
£208.8k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (60 days)
- Video Europe Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (51 days)
- Video Europe Ltd
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Video Europe Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (7 weeks)
3 weeks - Video Europe Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.7%, this is a higher level of debt than the average (62.1%)
85.7% - Video Europe Ltd
62.1% - Industry AVG
VIDEO EUROPE LTD financials
Video Europe Ltd's latest turnover from April 2023 is estimated at £10.8 million and the company has net assets of £2.7 million. According to their latest financial statements, Video Europe Ltd has 16 employees and maintains cash reserves of £406 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 10,446,519 | 10,377,699 | 8,971,727 | 7,971,745 | 7,462,774 | |||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
Cost Of Sales | 2,810,524 | 3,166,945 | 1,949,671 | 1,320,501 | 1,762,862 | |||||||||
Gross Profit | 7,635,995 | 7,210,754 | 7,022,056 | 6,651,244 | 5,699,912 | |||||||||
Admin Expenses | 6,196,379 | 6,501,355 | 5,410,674 | 5,476,071 | 4,233,709 | |||||||||
Operating Profit | 1,439,616 | 709,399 | 1,611,382 | 1,175,173 | 1,466,203 | |||||||||
Interest Payable | 708,660 | 857,591 | 720,742 | 668,892 | 409,457 | |||||||||
Interest Receivable | 7,337 | 17,505 | 50,297 | 17,213 | 0 | |||||||||
Pre-Tax Profit | 738,293 | -130,707 | 940,937 | 523,494 | 1,056,746 | |||||||||
Tax | -218,884 | -58,739 | -230,590 | -117,853 | -238,800 | |||||||||
Profit After Tax | 519,409 | -189,446 | 710,347 | 405,641 | 817,946 | |||||||||
Dividends Paid | 236,197 | 571,494 | 0 | 0 | 479,000 | |||||||||
Retained Profit | 283,212 | -760,940 | 710,347 | 405,641 | 338,946 | |||||||||
Employee Costs | 1,774,196 | 1,598,033 | 1,124,381 | 899,805 | ||||||||||
Number Of Employees | 16 | 20 | 36 | 33 | 39 | 40 | 39 | 31 | 28 | 24 | ||||
EBITDA* | 5,209,263 | 3,831,668 | 4,355,208 | 4,915,346 | 4,126,851 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 14,278,632 | 17,037,418 | 22,020,675 | 17,847,502 | 14,753,244 | 16,045,197 | 13,414,869 | 14,012,227 | 15,024,015 | 11,634,215 | 5,605,431 | 4,171,931 | 3,139,022 | 2,494,111 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,125 | 56,250 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 14,278,632 | 17,037,418 | 22,020,675 | 17,847,502 | 14,753,244 | 16,045,197 | 13,414,869 | 14,012,227 | 15,024,015 | 11,634,215 | 5,605,431 | 4,171,931 | 3,167,147 | 2,550,361 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 3,076,348 | 3,352,698 | 1,680,912 | 1,297,522 | 1,185,378 | 1,697,471 | 1,426,537 | 1,287,528 | 1,300,231 | 1,932,120 | 1,236,380 | 1,187,326 | 1,140,498 | 725,477 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,330,720 | 1,972,426 | 1,361,466 | 968,147 | 2,448,861 | 1,070,969 | 564,439 | 822,151 | 1,391,079 | 165,452 | 77,435 | 0 | 330,499 | 157,334 |
Cash | 405,994 | 329,596 | 372,249 | 241,468 | 0 | 22,180 | 327,991 | 207,830 | 5 | 368,762 | 111 | 111 | 362 | 0 |
misc current assets | 0 | 0 | 227,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,813,062 | 5,654,720 | 3,642,620 | 2,602,452 | 3,634,239 | 2,790,620 | 2,318,967 | 2,317,509 | 2,691,315 | 2,466,334 | 1,313,926 | 1,187,437 | 1,471,359 | 882,811 |
total assets | 19,091,694 | 22,692,138 | 25,663,295 | 20,449,954 | 18,387,483 | 18,835,817 | 15,733,836 | 16,329,736 | 17,715,330 | 14,100,549 | 6,919,357 | 5,359,368 | 4,638,506 | 3,433,172 |
Bank overdraft | 697,263 | 264,760 | 24,319 | 0 | 92,156 | 0 | 18,978 | 0 | 56,918 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,034,741 | 1,356,002 | 2,429,705 | 451,113 | 873,315 | 3,577,493 | 4,006,790 | 3,193,613 | 2,720,628 | 1,794,189 | 3,945,003 | 2,637,562 | 1,643,260 | 1,709,669 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,995 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 3,322,244 | 4,326,765 | 4,577,390 | 5,405,649 | 4,407,069 | 3,369,930 | 2,603,008 | 2,820,830 | 3,080,582 | 3,578,397 | 0 | 0 | 0 | 0 |
other current liabilities | 478,910 | 1,136,446 | 581,219 | 1,107,965 | 568,210 | 682,611 | 418,013 | 566,168 | 558,058 | 591,458 | 0 | 0 | 0 | 0 |
total current liabilities | 5,533,158 | 7,083,973 | 7,612,633 | 6,964,727 | 5,940,750 | 7,630,034 | 7,046,789 | 6,580,611 | 6,416,186 | 5,964,044 | 3,945,003 | 2,639,557 | 1,643,260 | 1,709,669 |
loans | 2,827,297 | 1,750,000 | 1,750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 7,386,344 | 12,012,826 | 16,172,628 | 12,699,659 | 11,241,032 | 10,437,447 | 8,246,840 | 8,492,728 | 9,889,618 | 6,633,370 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 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 | 1,846,045 | 1,880,974 | 1,809,384 | 1,014,693 |
provisions | 620,245 | 761,386 | 570,699 | 688,414 | 515,049 | 266,351 | 221,434 | 276,684 | 187,213 | 141,913 | 106,033 | 128,641 | 209,807 | 487,570 |
total long term liabilities | 10,833,886 | 14,524,212 | 18,493,327 | 13,388,073 | 11,756,081 | 10,703,798 | 8,468,274 | 8,769,412 | 10,076,831 | 6,775,283 | 1,952,078 | 2,009,615 | 2,019,191 | 1,502,263 |
total liabilities | 16,367,044 | 21,608,185 | 26,105,960 | 20,352,800 | 17,696,831 | 18,333,832 | 15,515,063 | 15,350,023 | 16,493,017 | 12,739,327 | 5,897,081 | 4,649,172 | 3,662,451 | 3,211,932 |
net assets | 2,724,650 | 1,083,953 | -442,665 | 97,154 | 690,652 | 501,985 | 218,773 | 979,713 | 1,222,313 | 1,361,222 | 1,022,276 | 710,196 | 976,055 | 221,240 |
total shareholders funds | 2,724,650 | 1,083,953 | -442,665 | 97,154 | 690,652 | 501,985 | 218,773 | 979,713 | 1,222,313 | 1,361,222 | 1,022,276 | 710,196 | 976,055 | 221,240 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 1,439,616 | 709,399 | 1,611,382 | 1,175,173 | 1,466,203 | |||||||||
Depreciation | 3,470,737 | 4,701,833 | 4,022,344 | 3,193,263 | 3,344,936 | 3,769,647 | 3,122,269 | 2,743,826 | 3,740,173 | 2,660,648 | 1,425,866 | 1,069,131 | 806,370 | 658,451 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,125 | 28,125 | 28,125 |
Tax | -218,884 | -58,739 | -230,590 | -117,853 | -238,800 | |||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -918,056 | 2,282,746 | 776,709 | -1,368,570 | 865,799 | 777,464 | -118,703 | -581,631 | 593,738 | 783,757 | 126,489 | -283,671 | 588,186 | 882,811 |
Creditors | -321,261 | -1,073,703 | 1,978,592 | -422,202 | -2,704,178 | -429,297 | 813,177 | 472,985 | 926,439 | -2,150,814 | 1,307,441 | 994,302 | -66,409 | 1,709,669 |
Accruals and Deferred Income | -657,536 | 555,227 | -526,746 | 539,755 | -114,401 | 264,598 | -148,155 | 8,110 | -33,400 | 591,458 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -141,141 | 190,687 | -117,715 | 173,365 | 248,698 | 44,917 | -55,250 | 89,471 | 45,300 | 35,880 | -22,608 | -81,166 | -277,763 | 487,570 |
Cash flow from operations | 4,093,133 | 4,501,404 | 5,276,815 | 5,142,094 | 1,580,818 | |||||||||
Investing Activities | ||||||||||||||
capital expenditure | 155,171 | -1,449,615 | -3,631,518 | -8,588,026 | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 155,171 | -1,449,615 | -3,631,518 | -8,588,026 | ||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,995 | 1,995 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 1,077,297 | 0 | 1,750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -5,631,003 | -4,410,427 | 2,644,710 | 2,457,207 | 1,840,724 | 2,957,529 | -463,710 | -1,656,642 | 2,758,433 | 10,211,767 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,846,045 | -34,929 | 71,590 | 794,691 | 1,014,693 |
share issue | ||||||||||||||
interest | -701,323 | -840,086 | -670,445 | -651,679 | -409,457 | |||||||||
cash flow from financing | 2,256,206 | -1,303,796 | -3,280,034 | 1,562,204 | 7,956,265 | |||||||||
cash and cash equivalents | ||||||||||||||
cash | 76,398 | -42,653 | 130,781 | 241,468 | -22,180 | -305,811 | 120,161 | 207,825 | -368,757 | 368,651 | 0 | -251 | 362 | 0 |
overdraft | 432,503 | 240,441 | 24,319 | -92,156 | 92,156 | -18,978 | 18,978 | -56,918 | 56,918 | 0 | 0 | 0 | 0 | 0 |
change in cash | -356,105 | -283,094 | 106,462 | 333,624 | -114,336 | -286,833 | 101,183 | 264,743 | -425,675 | 368,651 | 0 | -251 | 362 | 0 |
video europe ltd Credit Report and Business Information
Video Europe Ltd Competitor Analysis
Perform a competitor analysis for video europe ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
video europe ltd Ownership
VIDEO EUROPE LTD group structure
Video Europe Ltd has no subsidiary companies.
Ultimate parent company
VIDEO EUROPE LTD
01097889
video europe ltd directors
Video Europe Ltd currently has 2 directors. The longest serving directors include Mr Steven Green (Aug 1988) and Mr Matthew Marner (Nov 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Steven Green | 58 years | Aug 1988 | - | Director | |
Mr Matthew Marner | United Kingdom | 46 years | Nov 2022 | - | Director |
P&L
April 2023turnover
10.8m
-5%
operating profit
2.8m
0%
gross margin
46.3%
+3.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.7m
+1.51%
total assets
19.1m
-0.16%
cash
406k
+0.23%
net assets
Total assets minus all liabilities
video europe ltd company details
company number
01097889
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
February 1973
age
52
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
universal video limited (September 1988)
accountant
ESW CHARTERED ACCOUNTANTS
auditor
-
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
video europe ltd 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 found 26 charges/mortgages relating to video europe ltd. Currently there are 4 open charges and 22 have been satisfied in the past.
video europe ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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video europe ltd Companies House Filings - See Documents
date | description | view/download |
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