axis europe limited Company Information
Company Number
01991637
Next Accounts
Dec 2024
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
axis europe holdings ltd
Group Structure
View All
Contact
Registered Address
3 tramway avenue, london, E15 4PN
Website
www.axiseurope.comaxis europe limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS EUROPE LIMITED at £231.6m based on a Turnover of £244.3m and 0.95x industry multiple (adjusted for size and gross margin).
axis europe limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS EUROPE LIMITED at £227.7m based on an EBITDA of £23.8m and a 9.55x industry multiple (adjusted for size and gross margin).
axis europe limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS EUROPE LIMITED at £145.1m based on Net Assets of £68.6m and 2.12x industry multiple (adjusted for liquidity).
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Axis Europe Limited Overview
Axis Europe Limited is a live company located in london, E15 4PN with a Companies House number of 01991637. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 1986, it's largest shareholder is axis europe holdings ltd with a 100% stake. Axis Europe Limited is a mature, mega sized company, Pomanda has estimated its turnover at £244.3m with healthy growth in recent years.
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Axis Europe Limited Health Check
Pomanda's financial health check has awarded Axis Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £244.3m, make it larger than the average company (£5.8m)
£244.3m - Axis Europe Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6.2%)
14% - Axis Europe Limited
6.2% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (24.3%)
26.1% - Axis Europe Limited
24.3% - Industry AVG
Profitability
an operating margin of 8.7% make it more profitable than the average company (5.8%)
8.7% - Axis Europe Limited
5.8% - Industry AVG
Employees
with 1024 employees, this is above the industry average (28)
1024 - Axis Europe Limited
28 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£44.6k)
£45.8k - Axis Europe Limited
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £238.5k, this is more efficient (£185.2k)
£238.5k - Axis Europe Limited
£185.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (57 days)
57 days - Axis Europe Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (39 days)
30 days - Axis Europe Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (12 days)
7 days - Axis Europe Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (19 weeks)
42 weeks - Axis Europe Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.5%, this is a lower level of debt than the average (63.1%)
46.5% - Axis Europe Limited
63.1% - Industry AVG
AXIS EUROPE LIMITED financials
Axis Europe Limited's latest turnover from March 2023 is £244.3 million and the company has net assets of £68.6 million. According to their latest financial statements, Axis Europe Limited has 1,024 employees and maintains cash reserves of £48.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 244,262,050 | 191,159,873 | 147,875,437 | 166,890,730 | 165,744,709 | 132,816,592 | 137,696,827 | 149,416,614 | 134,424,967 | 90,399,171 | 88,943,102 | 79,643,362 | 67,839,009 | 62,222,951 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 180,611,263 | 141,400,185 | 109,008,959 | 129,132,721 | 125,718,179 | 99,698,906 | 101,156,737 | 114,131,475 | 99,790,826 | 64,711,836 | 63,366,293 | 55,983,423 | 46,981,702 | 42,257,564 |
Gross Profit | 63,650,787 | 49,759,688 | 38,866,478 | 37,758,009 | 40,026,530 | 33,117,686 | 36,540,090 | 35,285,139 | 34,634,141 | 25,687,335 | 25,576,809 | 23,659,939 | 20,857,307 | 19,965,387 |
Admin Expenses | 42,488,929 | 35,726,593 | 30,583,639 | 28,986,350 | 31,343,571 | 26,982,313 | 29,046,333 | 28,239,668 | 25,634,551 | 19,500,763 | 19,332,631 | 17,235,422 | 15,919,357 | 19,553,393 |
Operating Profit | 21,161,858 | 14,033,095 | 8,282,839 | 8,771,659 | 8,682,959 | 6,135,373 | 7,493,757 | 7,045,471 | 8,999,590 | 6,186,572 | 6,244,178 | 6,424,517 | 4,937,950 | 411,994 |
Interest Payable | 0 | 0 | 31,033 | 56,425 | 68,376 | 72,967 | 91,777 | 111,682 | 129,240 | 92,277 | 52,158 | 74,392 | 106,182 | 98,199 |
Interest Receivable | 63,454 | 0 | 322 | 54,822 | 48,328 | 131,928 | 35,299 | 40,332 | 29,889 | 42,549 | 44,439 | 17,725 | 12,794 | 21,956 |
Pre-Tax Profit | 21,225,312 | 14,033,095 | 8,252,128 | 8,770,056 | 8,662,911 | 6,194,334 | 7,437,279 | 6,974,121 | 8,900,239 | 6,136,844 | 6,236,459 | 6,367,850 | 4,844,562 | 4,035,751 |
Tax | -3,497,616 | -1,831,747 | -1,643,930 | -1,750,956 | -1,636,713 | -1,339,751 | -1,533,259 | -1,424,857 | -1,884,109 | -1,507,621 | -1,681,483 | -1,731,835 | -1,276,974 | -1,267,999 |
Profit After Tax | 17,727,696 | 12,201,348 | 6,608,198 | 7,019,100 | 7,026,198 | 4,854,583 | 5,904,020 | 5,549,264 | 7,016,130 | 4,629,223 | 4,554,976 | 4,636,015 | 3,567,588 | 2,767,752 |
Dividends Paid | 4,548,750 | 5,503,248 | 687,760 | 2,188,871 | 2,420,275 | 2,919,945 | 690,245 | 5,435,409 | 2,492,269 | 4,443,625 | 673,070 | 2,284,353 | 417,679 | 1,207,750 |
Retained Profit | 13,178,946 | 6,698,100 | 5,920,438 | 4,830,229 | 4,605,923 | 1,934,638 | 5,213,775 | 113,855 | 4,523,861 | 185,598 | 3,881,906 | 2,351,662 | 3,149,909 | 1,560,002 |
Employee Costs | 46,873,194 | 41,040,034 | 39,329,870 | 40,588,908 | 35,321,439 | 30,107,369 | 31,366,865 | 30,475,869 | 27,232,246 | 19,301,196 | 18,615,688 | 16,028,250 | 14,648,737 | 14,773,852 |
Number Of Employees | 1,024 | 978 | 952 | 1,054 | 899 | 816 | 860 | 893 | 800 | 588 | 566 | 460 | 432 | 434 |
EBITDA* | 23,832,224 | 16,947,815 | 10,839,836 | 11,372,472 | 10,928,043 | 8,029,094 | 9,217,305 | 8,908,284 | 10,798,974 | 7,638,531 | 7,827,198 | 7,635,082 | 6,078,176 | 1,239,920 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 11,713,843 | 11,940,492 | 12,640,426 | 13,384,602 | 14,103,108 | 13,387,637 | 15,051,950 | 15,039,396 | 15,215,598 | 15,892,321 | 8,961,932 | 9,375,194 | 9,309,542 | 8,607,917 |
Intangible Assets | 1,200,733 | 1,770,096 | 2,562,308 | 2,237,036 | 2,142,905 | 1,354,851 | 727,947 | 953,599 | 948,254 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,716 | 32,716 | 32,716 | 32,716 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 12,914,576 | 13,710,588 | 15,202,734 | 15,621,638 | 16,246,013 | 14,742,488 | 15,779,897 | 15,992,995 | 16,163,852 | 15,892,321 | 8,994,648 | 9,407,910 | 9,342,258 | 8,640,633 |
Stock & work in progress | 3,775,962 | 3,214,531 | 3,350,794 | 4,069,253 | 3,693,100 | 2,306,658 | 816,564 | 1,509,423 | 2,855,840 | 3,079,399 | 2,449,353 | 2,005,462 | 2,023,359 | 2,227,573 |
Trade Debtors | 38,253,245 | 29,640,351 | 22,826,338 | 29,229,345 | 36,079,232 | 25,768,697 | 26,195,467 | 27,014,379 | 26,024,906 | 21,125,939 | 15,171,596 | 14,544,523 | 16,783,190 | 11,946,206 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,094 | 3,094 | 3,094 | 3,094 | 3,094 |
Misc Debtors | 25,137,414 | 21,052,019 | 15,206,113 | 13,212,159 | 8,494,746 | 8,950,884 | 7,286,888 | 7,695,874 | 4,232,123 | 1,961,320 | 924,516 | 1,261,824 | 390,275 | 688,864 |
Cash | 48,086,774 | 33,665,310 | 25,172,237 | 7,128,209 | 2,165,356 | 4,832,833 | 9,519,655 | 3,395,922 | 8,180,020 | 671,746 | 10,404,024 | 6,926,767 | 6,574,377 | 4,097,715 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 115,253,395 | 87,572,211 | 66,555,482 | 53,638,966 | 50,432,434 | 41,859,072 | 43,818,574 | 39,615,598 | 41,292,889 | 26,841,498 | 28,952,583 | 24,741,670 | 25,774,295 | 18,963,452 |
total assets | 128,167,971 | 101,282,799 | 81,758,216 | 69,260,604 | 66,678,447 | 56,601,560 | 59,598,471 | 55,608,593 | 57,456,741 | 42,733,819 | 37,947,231 | 34,149,580 | 35,116,553 | 27,604,085 |
Bank overdraft | 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 |
Trade Creditors | 15,064,502 | 13,326,591 | 11,713,230 | 10,677,770 | 7,377,784 | 6,059,305 | 8,082,118 | 7,164,798 | 8,140,373 | 5,755,332 | 5,430,304 | 4,190,823 | 5,816,815 | 4,519,712 |
Group/Directors Accounts | 4,906 | 4,906 | 4,906 | 4,906 | 4,906 | 4,906 | 4,906 | 4,906 | 4,906 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 |
other short term finances | 0 | 0 | 0 | 481,662 | 497,080 | 0 | 730,771 | 3,462,473 | 728,237 | 1,334,539 | 307,645 | 300,056 | 293,368 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,969 | 38,738 | 55,601 | 168,591 | 379,954 |
other current liabilities | 43,392,226 | 31,430,656 | 20,397,625 | 13,231,940 | 18,431,965 | 16,827,917 | 16,275,379 | 17,719,444 | 18,006,766 | 9,316,433 | 8,725,396 | 9,714,789 | 10,974,881 | 7,410,996 |
total current liabilities | 58,461,634 | 44,762,153 | 32,115,761 | 24,396,278 | 26,311,735 | 22,892,128 | 25,093,174 | 28,351,621 | 26,880,282 | 16,429,273 | 14,510,083 | 14,269,269 | 17,261,655 | 12,318,662 |
loans | 0 | 0 | 0 | 1,314,561 | 1,763,137 | 0 | 2,865,415 | 864,959 | 4,325,834 | 4,442,736 | 1,779,351 | 2,083,064 | 2,382,403 | 2,751,603 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,566 | 55,304 | 37,374 | 144,986 |
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 | 0 | 0 | 0 | 0 |
provisions | 1,112,481 | 1,105,736 | 925,645 | 753,393 | 637,432 | 349,212 | 214,300 | 180,206 | 152,673 | 120,713 | 85,732 | 68,350 | 113,190 | 216,812 |
total long term liabilities | 1,112,481 | 1,105,736 | 925,645 | 2,067,954 | 2,400,569 | 349,212 | 3,079,715 | 1,045,165 | 4,478,507 | 4,563,449 | 1,881,649 | 2,206,718 | 2,532,967 | 3,113,401 |
total liabilities | 59,574,115 | 45,867,889 | 33,041,406 | 26,464,232 | 28,712,304 | 23,241,340 | 28,172,889 | 29,396,786 | 31,358,789 | 20,992,722 | 16,391,732 | 16,475,987 | 19,794,622 | 15,432,063 |
net assets | 68,593,856 | 55,414,910 | 48,716,810 | 42,796,372 | 37,966,143 | 33,360,220 | 31,425,582 | 26,211,807 | 26,097,952 | 21,741,097 | 21,555,499 | 17,673,593 | 15,321,931 | 12,172,022 |
total shareholders funds | 68,593,856 | 55,414,910 | 48,716,810 | 42,796,372 | 37,966,143 | 33,360,220 | 31,425,582 | 26,211,807 | 26,097,952 | 21,741,097 | 21,555,499 | 17,673,593 | 15,321,931 | 12,172,022 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 21,161,858 | 14,033,095 | 8,282,839 | 8,771,659 | 8,682,959 | 6,135,373 | 7,493,757 | 7,045,471 | 8,999,590 | 6,186,572 | 6,244,178 | 6,424,517 | 4,937,950 | 411,994 |
Depreciation | 1,593,953 | 1,632,931 | 1,486,075 | 1,750,957 | 1,532,296 | 1,534,056 | 1,415,542 | 1,538,666 | 1,799,384 | 1,451,959 | 1,583,020 | 1,210,565 | 1,140,226 | 827,926 |
Amortisation | 1,076,413 | 1,281,789 | 1,070,922 | 849,856 | 712,788 | 359,665 | 308,006 | 324,147 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -3,497,616 | -1,831,747 | -1,643,930 | -1,750,956 | -1,636,713 | -1,339,751 | -1,533,259 | -1,424,857 | -1,884,109 | -1,507,621 | -1,681,483 | -1,731,835 | -1,276,974 | -1,267,999 |
Stock | 561,431 | -136,263 | -718,459 | 376,153 | 1,386,442 | 1,490,094 | -692,859 | -1,346,417 | -223,559 | 630,046 | 443,891 | -17,897 | -204,214 | 2,227,573 |
Debtors | 12,698,289 | 12,659,919 | -4,409,053 | -2,132,474 | 9,854,397 | 1,237,226 | -1,227,898 | 4,453,224 | 7,166,676 | 6,991,147 | 289,765 | -1,367,118 | 4,538,395 | 12,638,164 |
Creditors | 1,737,911 | 1,613,361 | 1,035,460 | 3,299,986 | 1,318,479 | -2,022,813 | 917,320 | -975,575 | 2,385,041 | 325,028 | 1,239,481 | -1,625,992 | 1,297,103 | 4,519,712 |
Accruals and Deferred Income | 11,961,570 | 11,033,031 | 7,165,685 | -5,200,025 | 1,604,048 | 552,538 | -1,444,065 | -287,322 | 8,690,333 | 591,037 | -989,393 | -1,260,092 | 3,563,885 | 7,410,996 |
Deferred Taxes & Provisions | 6,745 | 180,091 | 172,252 | 115,961 | 288,220 | 134,912 | 34,094 | 27,533 | 31,960 | 34,981 | 17,382 | -44,840 | -103,622 | 216,812 |
Cash flow from operations | 20,781,114 | 15,418,895 | 22,696,815 | 9,593,759 | 1,261,238 | 2,626,660 | 9,112,152 | 3,141,256 | 13,079,082 | -539,237 | 5,679,529 | 4,357,338 | 5,224,387 | -2,746,296 |
Investing Activities | ||||||||||||||
capital expenditure | -8,388,459 | -1,170,525 | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,716 | 0 | 0 | 0 | 32,716 |
cash flow from investments | -8,355,743 | -1,170,525 | ||||||||||||
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 | -3,094 | 0 | 0 | 0 | 0 | 8,000 |
Other Short Term Loans | 0 | 0 | -481,662 | -15,418 | 497,080 | -730,771 | -2,731,702 | 2,734,236 | -606,302 | 1,026,894 | 7,589 | 6,688 | 293,368 | 0 |
Long term loans | 0 | 0 | -1,314,561 | -448,576 | 1,763,137 | -2,865,415 | 2,000,456 | -3,460,875 | -116,902 | 2,663,385 | -303,713 | -299,339 | -369,200 | 2,751,603 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14,969 | -40,335 | -55,601 | -95,060 | -318,975 | 524,940 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 63,454 | 0 | -30,711 | -1,603 | -20,048 | 58,961 | -56,478 | -71,350 | -99,351 | -49,728 | -7,719 | -56,667 | -93,388 | -76,243 |
cash flow from financing | 63,454 | 0 | -1,826,934 | -465,597 | 2,240,169 | -3,537,225 | -787,724 | -797,989 | -1,007,624 | 3,600,216 | -359,444 | -444,378 | -488,195 | 13,820,320 |
cash and cash equivalents | ||||||||||||||
cash | 14,421,464 | 8,493,073 | 18,044,028 | 4,962,853 | -2,667,477 | -4,686,822 | 6,123,733 | -4,784,098 | 7,508,274 | -9,732,278 | 3,477,257 | 352,390 | 2,476,662 | 4,097,715 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 14,421,464 | 8,493,073 | 18,044,028 | 4,962,853 | -2,667,477 | -4,686,822 | 6,123,733 | -4,784,098 | 7,508,274 | -9,732,278 | 3,477,257 | 352,390 | 2,476,662 | 4,097,715 |
axis europe limited Credit Report and Business Information
Axis Europe Limited Competitor Analysis
Perform a competitor analysis for axis europe limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in E15 area or any other competitors across 12 key performance metrics.
axis europe limited Ownership
AXIS EUROPE LIMITED group structure
Axis Europe Limited has 1 subsidiary company.
Ultimate parent company
1 parent
AXIS EUROPE LIMITED
01991637
1 subsidiary
axis europe limited directors
Axis Europe Limited currently has 3 directors. The longest serving directors include Mr Yusuf Ibrahim (Nov 1999) and Mr Timothy Hayes (Nov 1999).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Yusuf Ibrahim | England | 64 years | Nov 1999 | - | Director |
Mr Timothy Hayes | England | 62 years | Nov 1999 | - | Director |
Mr Rickardo Santana | England | 55 years | Oct 2020 | - | Director |
P&L
March 2023turnover
244.3m
+28%
operating profit
21.2m
+51%
gross margin
26.1%
+0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
68.6m
+0.24%
total assets
128.2m
+0.27%
cash
48.1m
+0.43%
net assets
Total assets minus all liabilities
axis europe limited company details
company number
01991637
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 1986
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
axis europe plc (July 2024)
sos communications limited (October 1994)
accountant
-
auditor
GRANT THORNTON UK LLP
address
3 tramway avenue, london, E15 4PN
Bank
BARCLAYS BANK PLC
Legal Advisor
CLARKSON WRIGHT & JAKES
axis 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 found 18 charges/mortgages relating to axis europe limited. Currently there are 1 open charges and 17 have been satisfied in the past.
axis europe limited Companies House Filings - See Documents
date | description | view/download |
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