luxottica north europe limited Company Information
Company Number
01789898
Next Accounts
Sep 2025
Industry
Non-specialised wholesale trade
Shareholders
luxottica group spa
Group Structure
View All
Contact
Registered Address
level 2 the kensington building, 1 wrights lane, london, W8 5RY
luxottica north europe limited Estimated Valuation
Pomanda estimates the enterprise value of LUXOTTICA NORTH EUROPE LIMITED at £130m based on a Turnover of £195.6m and 0.66x industry multiple (adjusted for size and gross margin).
luxottica north europe limited Estimated Valuation
Pomanda estimates the enterprise value of LUXOTTICA NORTH EUROPE LIMITED at £69.5m based on an EBITDA of £9m and a 7.72x industry multiple (adjusted for size and gross margin).
luxottica north europe limited Estimated Valuation
Pomanda estimates the enterprise value of LUXOTTICA NORTH EUROPE LIMITED at £64.9m based on Net Assets of £23.6m and 2.75x industry multiple (adjusted for liquidity).
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Luxottica North Europe Limited Overview
Luxottica North Europe Limited is a live company located in london, W8 5RY with a Companies House number of 01789898. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in February 1984, it's largest shareholder is luxottica group spa with a 100% stake. Luxottica North Europe Limited is a mature, mega sized company, Pomanda has estimated its turnover at £195.6m with high growth in recent years.
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Luxottica North Europe Limited Health Check
Pomanda's financial health check has awarded Luxottica North Europe Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £195.6m, make it larger than the average company (£16.2m)
£195.6m - Luxottica North Europe Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.3%)
21% - Luxottica North Europe Limited
6.3% - Industry AVG
Production
with a gross margin of 22.1%, this company has a comparable cost of product (27.5%)
22.1% - Luxottica North Europe Limited
27.5% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (5.1%)
4% - Luxottica North Europe Limited
5.1% - Industry AVG
Employees
with 149 employees, this is above the industry average (41)
149 - Luxottica North Europe Limited
41 - Industry AVG
Pay Structure
on an average salary of £68.5k, the company has a higher pay structure (£44.5k)
£68.5k - Luxottica North Europe Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£379.2k)
£1.3m - Luxottica North Europe Limited
£379.2k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (52 days)
35 days - Luxottica North Europe Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (32 days)
13 days - Luxottica North Europe Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (77 days)
6 days - Luxottica North Europe Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Luxottica North Europe Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.5%, this is a higher level of debt than the average (47.3%)
75.5% - Luxottica North Europe Limited
47.3% - Industry AVG
LUXOTTICA NORTH EUROPE LIMITED financials
Luxottica North Europe Limited's latest turnover from December 2023 is £195.6 million and the company has net assets of £23.6 million. According to their latest financial statements, Luxottica North Europe Limited has 149 employees and maintains cash reserves of £100 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 | 195,563,000 | 180,123,000 | 152,974,000 | 111,146,000 | 143,938,000 | 216,527,000 | 209,323,000 | 188,444,000 | 118,944,000 | 67,577,000 | 61,424,000 | 55,148,000 | 50,332,000 | 46,517,000 | 34,411,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 152,380,000 | 138,426,000 | 114,486,000 | 81,604,000 | 104,700,000 | 161,937,000 | 157,383,000 | 139,947,000 | 87,618,000 | 53,661,000 | 44,494,000 | 40,314,000 | 34,276,000 | 31,201,000 | 23,847,000 |
Gross Profit | 43,183,000 | 41,697,000 | 38,488,000 | 29,542,000 | 39,238,000 | 54,590,000 | 51,940,000 | 48,497,000 | 31,326,000 | 13,916,000 | 16,930,000 | 14,834,000 | 16,056,000 | 15,316,000 | 10,564,000 |
Admin Expenses | 35,374,000 | 34,058,000 | 32,137,000 | 28,226,000 | 33,871,000 | 40,800,000 | 41,687,000 | 33,023,000 | -5,999,000 | 13,054,000 | 12,538,000 | 12,965,000 | 13,101,000 | 12,790,000 | 10,049,000 |
Operating Profit | 7,809,000 | 7,639,000 | 6,351,000 | 1,316,000 | 5,367,000 | 13,790,000 | 10,253,000 | 15,474,000 | 37,325,000 | 862,000 | 4,392,000 | 1,869,000 | 2,955,000 | 2,526,000 | 515,000 |
Interest Payable | 831,000 | 141,000 | 65,000 | 83,000 | 109,000 | 220,000 | 327,000 | 214,000 | 173,000 | 17,000 | 3,000 | 0 | 1,000 | 0 | 0 |
Interest Receivable | 1,043,000 | 150,000 | 8,000 | 39,000 | 118,000 | 360,000 | 197,000 | 28,000 | 19,000 | 1,000 | 2,000 | 0 | 0 | 3,000 | 70,000 |
Pre-Tax Profit | 8,021,000 | 7,648,000 | 6,294,000 | 1,272,000 | 5,376,000 | 13,930,000 | 10,123,000 | 15,288,000 | 3,571,000 | 846,000 | 4,391,000 | 1,869,000 | 2,954,000 | 2,529,000 | 585,000 |
Tax | -2,250,000 | -1,375,000 | -1,077,000 | -169,000 | -1,599,000 | -2,195,000 | -3,005,000 | -2,791,000 | -1,307,000 | -229,000 | -1,003,000 | -506,000 | -866,000 | -798,000 | -332,000 |
Profit After Tax | 5,771,000 | 6,273,000 | 5,217,000 | 1,103,000 | 3,777,000 | 11,735,000 | 7,118,000 | 12,497,000 | 2,264,000 | 617,000 | 3,388,000 | 1,363,000 | 2,088,000 | 1,731,000 | 253,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 11,400,000 | 7,250,000 | 13,250,000 | 2,200,000 | 0 | 3,000,000 | 1,500,000 | 2,000,000 | 1,700,000 | 400,000 | 3,500,000 |
Retained Profit | 5,771,000 | 6,273,000 | 5,217,000 | 1,103,000 | -7,623,000 | 4,485,000 | -6,132,000 | 10,297,000 | 2,264,000 | -2,383,000 | 1,888,000 | -637,000 | 388,000 | 1,331,000 | -3,247,000 |
Employee Costs | 10,211,000 | 9,727,000 | 10,975,000 | 9,930,000 | 10,965,000 | 11,870,000 | 13,409,000 | 11,907,000 | 8,146,000 | 5,749,000 | 5,415,000 | 5,587,000 | 4,969,000 | 4,532,000 | 3,587,000 |
Number Of Employees | 149 | 155 | 206 | 190 | 195 | 218 | 223 | 166 | 124 | 99 | 99 | 99 | 99 | 79 | 93 |
EBITDA* | 8,996,000 | 8,179,000 | 7,190,000 | 2,696,000 | 6,977,000 | 14,982,000 | 11,909,000 | 17,073,000 | 38,774,000 | 1,150,000 | 4,572,000 | 2,054,000 | 3,103,000 | 2,620,000 | 642,000 |
* 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 | 7,472,000 | 1,390,000 | 4,445,000 | 5,631,000 | 5,187,000 | 6,601,000 | 2,531,000 | 1,737,000 | 1,247,000 | 484,000 | 594,000 | 747,000 | 855,000 | 623,000 | 301,000 |
Intangible Assets | 21,808,000 | 121,000 | 0 | 0 | 0 | 0 | 0 | 838,000 | 2,253,000 | 3,483,000 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 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 | 0 |
Total Fixed Assets | 29,280,000 | 1,511,000 | 4,445,000 | 5,631,000 | 5,187,000 | 6,601,000 | 2,531,000 | 2,575,000 | 3,500,000 | 3,967,000 | 594,000 | 747,000 | 855,000 | 623,000 | 301,000 |
Stock & work in progress | 2,587,000 | 2,683,000 | 3,154,000 | 891,000 | 786,000 | 628,000 | 2,300,000 | 1,732,000 | 1,750,000 | 11,000 | 0 | 0 | 0 | 0 | 207,000 |
Trade Debtors | 19,068,000 | 18,169,000 | 15,546,000 | 16,330,000 | 23,047,000 | 28,645,000 | 32,851,000 | 40,179,000 | 28,872,000 | 15,981,000 | 8,133,000 | 12,580,000 | 11,406,000 | 13,097,000 | 8,306,000 |
Group Debtors | 40,708,000 | 37,984,000 | 29,692,000 | 21,482,000 | 7,788,000 | 34,501,000 | 28,546,000 | 1,032,000 | 10,114,000 | 117,000 | 1,563,000 | 2,448,000 | 1,125,000 | 223,000 | 772,000 |
Misc Debtors | 4,665,000 | 2,656,000 | 1,880,000 | 2,642,000 | 4,765,000 | 4,653,000 | 1,937,000 | 442,000 | 837,000 | 857,000 | 891,000 | 553,000 | 283,000 | 449,000 | 313,000 |
Cash | 100,000 | 163,000 | 2,000 | 0 | 0 | 0 | 1,894,000 | 682,000 | 552,000 | 728,000 | 1,910,000 | 1,884,000 | 1,812,000 | 1,530,000 | 2,516,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 67,128,000 | 61,655,000 | 50,274,000 | 41,345,000 | 36,386,000 | 68,427,000 | 67,528,000 | 44,067,000 | 42,125,000 | 17,694,000 | 12,497,000 | 17,465,000 | 14,626,000 | 15,299,000 | 12,114,000 |
total assets | 96,408,000 | 63,166,000 | 54,719,000 | 46,976,000 | 41,573,000 | 75,028,000 | 70,059,000 | 46,642,000 | 45,625,000 | 21,661,000 | 13,091,000 | 18,212,000 | 15,481,000 | 15,922,000 | 12,415,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 5,725,000 | 1,731,000 | 3,019,000 | 1,800,000 | 3,655,000 | 5,651,000 | 4,944,000 | 3,799,000 | 3,030,000 | 191,000 | 335,000 | 579,000 | 278,000 | 89,000 | 140,000 |
Group/Directors Accounts | 27,257,000 | 26,001,000 | 23,121,000 | 20,151,000 | 18,482,000 | 36,276,000 | 38,766,000 | 13,024,000 | 24,909,000 | 9,726,000 | 4,101,000 | 9,173,000 | 7,008,000 | 8,670,000 | 8,694,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 477,000 | 60,000 | 949,000 | 1,028,000 | 779,000 | 939,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 17,469,000 | 17,544,000 | 13,524,000 | 14,158,000 | 11,424,000 | 16,641,000 | 17,749,000 | 15,057,000 | 13,363,000 | 9,832,000 | 4,517,000 | 6,493,000 | 5,591,000 | 5,051,000 | 2,800,000 |
total current liabilities | 50,928,000 | 45,336,000 | 40,613,000 | 37,137,000 | 34,340,000 | 59,507,000 | 61,459,000 | 31,880,000 | 41,302,000 | 19,749,000 | 8,953,000 | 16,245,000 | 12,877,000 | 13,810,000 | 11,634,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 21,902,000 | 23,000 | 2,573,000 | 3,523,000 | 2,019,000 | 2,684,000 | 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 | 0 | 0 | 0 | 0 | 0 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 21,902,000 | 23,000 | 2,573,000 | 3,523,000 | 2,019,000 | 2,684,000 | 0 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 72,830,000 | 45,359,000 | 43,186,000 | 40,660,000 | 36,359,000 | 62,191,000 | 61,459,000 | 31,910,000 | 41,302,000 | 19,749,000 | 8,953,000 | 16,245,000 | 12,877,000 | 13,810,000 | 11,634,000 |
net assets | 23,578,000 | 17,807,000 | 11,533,000 | 6,316,000 | 5,214,000 | 12,837,000 | 8,600,000 | 14,732,000 | 4,323,000 | 1,912,000 | 4,138,000 | 1,967,000 | 2,604,000 | 2,112,000 | 781,000 |
total shareholders funds | 23,578,000 | 17,807,000 | 11,533,000 | 6,316,000 | 5,214,000 | 12,837,000 | 8,600,000 | 14,732,000 | 4,323,000 | 1,912,000 | 4,138,000 | 1,967,000 | 2,604,000 | 2,112,000 | 781,000 |
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 | 7,809,000 | 7,639,000 | 6,351,000 | 1,316,000 | 5,367,000 | 13,790,000 | 10,253,000 | 15,474,000 | 37,325,000 | 862,000 | 4,392,000 | 1,869,000 | 2,955,000 | 2,526,000 | 515,000 |
Depreciation | 1,187,000 | 540,000 | 839,000 | 1,380,000 | 1,610,000 | 1,192,000 | 818,000 | 538,000 | 220,000 | 168,000 | 180,000 | 185,000 | 148,000 | 94,000 | 127,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 838,000 | 1,061,000 | 1,229,000 | 120,000 | 0 | 0 | 0 | 0 | 0 |
Tax | -2,250,000 | -1,375,000 | -1,077,000 | -169,000 | -1,599,000 | -2,195,000 | -3,005,000 | -2,791,000 | -1,307,000 | -229,000 | -1,003,000 | -506,000 | -866,000 | -798,000 | -332,000 |
Stock | -96,000 | -471,000 | 2,263,000 | 105,000 | 158,000 | -1,672,000 | 568,000 | -18,000 | 1,739,000 | 11,000 | 0 | 0 | 0 | -207,000 | 207,000 |
Debtors | 5,632,000 | 11,691,000 | 6,664,000 | 4,854,000 | -32,199,000 | 4,465,000 | 21,681,000 | 1,830,000 | 22,868,000 | 6,368,000 | -4,994,000 | 2,767,000 | -955,000 | 4,378,000 | 9,391,000 |
Creditors | 3,994,000 | -1,288,000 | 1,219,000 | -1,855,000 | -1,996,000 | 707,000 | 1,145,000 | 769,000 | 2,839,000 | -144,000 | -244,000 | 301,000 | 189,000 | -51,000 | 140,000 |
Accruals and Deferred Income | -75,000 | 4,020,000 | -634,000 | 2,734,000 | -5,217,000 | -1,108,000 | 2,692,000 | 1,694,000 | 3,531,000 | 5,315,000 | -1,976,000 | 902,000 | 540,000 | 2,251,000 | 2,800,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -30,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 5,129,000 | -1,684,000 | -2,229,000 | -1,553,000 | 30,206,000 | 9,593,000 | -9,538,000 | 14,963,000 | 19,230,000 | -287,000 | 6,343,000 | -16,000 | 3,921,000 | -149,000 | -6,348,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,256,000 | 2,880,000 | 2,970,000 | 1,669,000 | -17,794,000 | -2,490,000 | 25,742,000 | -11,885,000 | 15,183,000 | 5,625,000 | -5,072,000 | 2,165,000 | -1,662,000 | -24,000 | 8,694,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 22,296,000 | -3,439,000 | -1,029,000 | 1,753,000 | -825,000 | 3,623,000 | 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 | |||||||||||||||
interest | 212,000 | 9,000 | -57,000 | -44,000 | 9,000 | 140,000 | -130,000 | -186,000 | -154,000 | -16,000 | -1,000 | 0 | -1,000 | 3,000 | 70,000 |
cash flow from financing | 23,764,000 | -549,000 | 1,884,000 | 3,377,000 | -18,610,000 | 1,025,000 | 25,612,000 | -11,959,000 | 15,176,000 | 5,766,000 | -4,790,000 | 2,165,000 | -1,559,000 | -21,000 | 12,792,000 |
cash and cash equivalents | |||||||||||||||
cash | -63,000 | 161,000 | 2,000 | 0 | 0 | -1,894,000 | 1,212,000 | 130,000 | -176,000 | -1,182,000 | 26,000 | 72,000 | 282,000 | -986,000 | 2,516,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -63,000 | 161,000 | 2,000 | 0 | 0 | -1,894,000 | 1,212,000 | 130,000 | -176,000 | -1,182,000 | 26,000 | 72,000 | 282,000 | -986,000 | 2,516,000 |
luxottica north europe limited Credit Report and Business Information
Luxottica North Europe Limited Competitor Analysis
Perform a competitor analysis for luxottica north europe limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in W 8 area or any other competitors across 12 key performance metrics.
luxottica north europe limited Ownership
LUXOTTICA NORTH EUROPE LIMITED group structure
Luxottica North Europe Limited has no subsidiary companies.
Ultimate parent company
ESSILORLUXOTTICA SA
#0024552
LUXOTTICA GROUP SPA
#0011497
2 parents
LUXOTTICA NORTH EUROPE LIMITED
01789898
luxottica north europe limited directors
Luxottica North Europe Limited currently has 4 directors. The longest serving directors include Ms Sara Francescutto (Oct 2019) and Mr Leonardo Rosato (May 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Sara Francescutto | Italy | 50 years | Oct 2019 | - | Director |
Mr Leonardo Rosato | England | 50 years | May 2023 | - | Director |
Andrea Lombardo | Italy | 43 years | Apr 2024 | - | Director |
Mr Fredrik Jonsson | Italy | 44 years | Apr 2024 | - | Director |
P&L
December 2023turnover
195.6m
+9%
operating profit
7.8m
+2%
gross margin
22.1%
-4.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23.6m
+0.32%
total assets
96.4m
+0.53%
cash
100k
-0.39%
net assets
Total assets minus all liabilities
luxottica north europe limited company details
company number
01789898
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
February 1984
age
41
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
luxottica (uk) limited (October 2014)
tenorgrove limited (March 1984)
accountant
-
auditor
MAZARS LLP
address
level 2 the kensington building, 1 wrights lane, london, W8 5RY
Bank
CITIBANK INTERNATIONAL PLC
Legal Advisor
-
luxottica north 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 luxottica north europe limited.
luxottica north europe limited Capital Raised & Share Issues BETA
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luxottica north europe limited Companies House Filings - See Documents
date | description | view/download |
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