axis europe limited

axis europe limited Company Information

Share AXIS EUROPE LIMITED
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Company Number

01991637

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Shareholders

axis europe holdings ltd

Group Structure

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Contact

Registered Address

3 tramway avenue, london, E15 4PN

axis europe limited Estimated Valuation

£231.6m

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

£227.7m

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

£145.1m

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

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

3 Regular

positive_score

1 Weak

size

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

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

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

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

Employees

with 1024 employees, this is above the industry average (28)

1024 - Axis Europe Limited

28 - Industry AVG

paystructure

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

Efficiency

resulting in sales per employee of £238.5k, this is more efficient (£185.2k)

£238.5k - Axis Europe Limited

£185.2k - Industry AVG

debtordays

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

creditordays

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

stockdays

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

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover244,262,050191,159,873147,875,437166,890,730165,744,709132,816,592137,696,827149,416,614134,424,96790,399,17188,943,10279,643,36267,839,00962,222,951
Other Income Or Grants00000000000000
Cost Of Sales180,611,263141,400,185109,008,959129,132,721125,718,17999,698,906101,156,737114,131,47599,790,82664,711,83663,366,29355,983,42346,981,70242,257,564
Gross Profit63,650,78749,759,68838,866,47837,758,00940,026,53033,117,68636,540,09035,285,13934,634,14125,687,33525,576,80923,659,93920,857,30719,965,387
Admin Expenses42,488,92935,726,59330,583,63928,986,35031,343,57126,982,31329,046,33328,239,66825,634,55119,500,76319,332,63117,235,42215,919,35719,553,393
Operating Profit21,161,85814,033,0958,282,8398,771,6598,682,9596,135,3737,493,7577,045,4718,999,5906,186,5726,244,1786,424,5174,937,950411,994
Interest Payable0031,03356,42568,37672,96791,777111,682129,24092,27752,15874,392106,18298,199
Interest Receivable63,454032254,82248,328131,92835,29940,33229,88942,54944,43917,72512,79421,956
Pre-Tax Profit21,225,31214,033,0958,252,1288,770,0568,662,9116,194,3347,437,2796,974,1218,900,2396,136,8446,236,4596,367,8504,844,5624,035,751
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 Tax17,727,69612,201,3486,608,1987,019,1007,026,1984,854,5835,904,0205,549,2647,016,1304,629,2234,554,9764,636,0153,567,5882,767,752
Dividends Paid4,548,7505,503,248687,7602,188,8712,420,2752,919,945690,2455,435,4092,492,2694,443,625673,0702,284,353417,6791,207,750
Retained Profit13,178,9466,698,1005,920,4384,830,2294,605,9231,934,6385,213,775113,8554,523,861185,5983,881,9062,351,6623,149,9091,560,002
Employee Costs46,873,19441,040,03439,329,87040,588,90835,321,43930,107,36931,366,86530,475,86927,232,24619,301,19618,615,68816,028,25014,648,73714,773,852
Number Of Employees1,0249789521,054899816860893800588566460432434
EBITDA*23,832,22416,947,81510,839,83611,372,47210,928,0438,029,0949,217,3058,908,28410,798,9747,638,5317,827,1987,635,0826,078,1761,239,920

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets11,713,84311,940,49212,640,42613,384,60214,103,10813,387,63715,051,95015,039,39615,215,59815,892,3218,961,9329,375,1949,309,5428,607,917
Intangible Assets1,200,7331,770,0962,562,3082,237,0362,142,9051,354,851727,947953,599948,25400000
Investments & Other000000000032,71632,71632,71632,716
Debtors (Due After 1 year)00000000000000
Total Fixed Assets12,914,57613,710,58815,202,73415,621,63816,246,01314,742,48815,779,89715,992,99516,163,85215,892,3218,994,6489,407,9109,342,2588,640,633
Stock & work in progress3,775,9623,214,5313,350,7944,069,2533,693,1002,306,658816,5641,509,4232,855,8403,079,3992,449,3532,005,4622,023,3592,227,573
Trade Debtors38,253,24529,640,35122,826,33829,229,34536,079,23225,768,69726,195,46727,014,37926,024,90621,125,93915,171,59614,544,52316,783,19011,946,206
Group Debtors0000000003,0943,0943,0943,0943,094
Misc Debtors25,137,41421,052,01915,206,11313,212,1598,494,7468,950,8847,286,8887,695,8744,232,1231,961,320924,5161,261,824390,275688,864
Cash48,086,77433,665,31025,172,2377,128,2092,165,3564,832,8339,519,6553,395,9228,180,020671,74610,404,0246,926,7676,574,3774,097,715
misc current assets00000000000000
total current assets115,253,39587,572,21166,555,48253,638,96650,432,43441,859,07243,818,57439,615,59841,292,88926,841,49828,952,58324,741,67025,774,29518,963,452
total assets128,167,971101,282,79981,758,21669,260,60466,678,44756,601,56059,598,47155,608,59357,456,74142,733,81937,947,23134,149,58035,116,55327,604,085
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 15,064,50213,326,59111,713,23010,677,7707,377,7846,059,3058,082,1187,164,7988,140,3735,755,3325,430,3044,190,8235,816,8154,519,712
Group/Directors Accounts4,9064,9064,9064,9064,9064,9064,9064,9064,9068,0008,0008,0008,0008,000
other short term finances000481,662497,0800730,7713,462,473728,2371,334,539307,645300,056293,3680
hp & lease commitments00000000014,96938,73855,601168,591379,954
other current liabilities43,392,22631,430,65620,397,62513,231,94018,431,96516,827,91716,275,37917,719,44418,006,7669,316,4338,725,3969,714,78910,974,8817,410,996
total current liabilities58,461,63444,762,15332,115,76124,396,27826,311,73522,892,12825,093,17428,351,62126,880,28216,429,27314,510,08314,269,26917,261,65512,318,662
loans0001,314,5611,763,13702,865,415864,9594,325,8344,442,7361,779,3512,083,0642,382,4032,751,603
hp & lease commitments000000000016,56655,30437,374144,986
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions1,112,4811,105,736925,645753,393637,432349,212214,300180,206152,673120,71385,73268,350113,190216,812
total long term liabilities1,112,4811,105,736925,6452,067,9542,400,569349,2123,079,7151,045,1654,478,5074,563,4491,881,6492,206,7182,532,9673,113,401
total liabilities59,574,11545,867,88933,041,40626,464,23228,712,30423,241,34028,172,88929,396,78631,358,78920,992,72216,391,73216,475,98719,794,62215,432,063
net assets68,593,85655,414,91048,716,81042,796,37237,966,14333,360,22031,425,58226,211,80726,097,95221,741,09721,555,49917,673,59315,321,93112,172,022
total shareholders funds68,593,85655,414,91048,716,81042,796,37237,966,14333,360,22031,425,58226,211,80726,097,95221,741,09721,555,49917,673,59315,321,93112,172,022
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit21,161,85814,033,0958,282,8398,771,6598,682,9596,135,3737,493,7577,045,4718,999,5906,186,5726,244,1786,424,5174,937,950411,994
Depreciation1,593,9531,632,9311,486,0751,750,9571,532,2961,534,0561,415,5421,538,6661,799,3841,451,9591,583,0201,210,5651,140,226827,926
Amortisation1,076,4131,281,7891,070,922849,856712,788359,665308,006324,147000000
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
Stock561,431-136,263-718,459376,1531,386,4421,490,094-692,859-1,346,417-223,559630,046443,891-17,897-204,2142,227,573
Debtors12,698,28912,659,919-4,409,053-2,132,4749,854,3971,237,226-1,227,8984,453,2247,166,6766,991,147289,765-1,367,1184,538,39512,638,164
Creditors1,737,9111,613,3611,035,4603,299,9861,318,479-2,022,813917,320-975,5752,385,041325,0281,239,481-1,625,9921,297,1034,519,712
Accruals and Deferred Income11,961,57011,033,0317,165,685-5,200,0251,604,048552,538-1,444,065-287,3228,690,333591,037-989,393-1,260,0923,563,8857,410,996
Deferred Taxes & Provisions6,745180,091172,252115,961288,220134,91234,09427,53331,96034,98117,382-44,840-103,622216,812
Cash flow from operations20,781,11415,418,89522,696,8159,593,7591,261,2382,626,6609,112,1523,141,25613,079,082-539,2375,679,5294,357,3385,224,387-2,746,296
Investing Activities
capital expenditure-1,874,354-1,422,574-2,138,093-1,976,438-3,748,609-856,312-1,510,450-1,691,956-2,070,915-8,388,459-1,170,525-1,276,217-1,841,851-9,435,843
Change in Investments000000000-32,71600032,716
cash flow from investments-1,874,354-1,422,574-2,138,093-1,976,438-3,748,609-856,312-1,510,450-1,691,956-2,070,915-8,355,743-1,170,525-1,276,217-1,841,851-9,468,559
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000-3,09400008,000
Other Short Term Loans 00-481,662-15,418497,080-730,771-2,731,7022,734,236-606,3021,026,8947,5896,688293,3680
Long term loans00-1,314,561-448,5761,763,137-2,865,4152,000,456-3,460,875-116,9022,663,385-303,713-299,339-369,2002,751,603
Hire Purchase and Lease Commitments00000000-14,969-40,335-55,601-95,060-318,975524,940
other long term liabilities00000000000000
share issue00000000-167,006000010,612,020
interest63,4540-30,711-1,603-20,04858,961-56,478-71,350-99,351-49,728-7,719-56,667-93,388-76,243
cash flow from financing63,4540-1,826,934-465,5972,240,169-3,537,225-787,724-797,989-1,007,6243,600,216-359,444-444,378-488,19513,820,320
cash and cash equivalents
cash14,421,4648,493,07318,044,0284,962,853-2,667,477-4,686,8226,123,733-4,784,0987,508,274-9,732,2783,477,257352,3902,476,6624,097,715
overdraft00000000000000
change in cash14,421,4648,493,07318,044,0284,962,853-2,667,477-4,686,8226,123,733-4,784,0987,508,274-9,732,2783,477,257352,3902,476,6624,097,715

axis 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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Axis Europe Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

axis europe holdings ltd 100%

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).

officercountryagestartendrole
Mr Yusuf IbrahimEngland64 years Nov 1999- Director
Mr Timothy HayesEngland62 years Nov 1999- Director
Mr Rickardo SantanaEngland55 years Oct 2020- Director

P&L

March 2023

turnover

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 2023

net 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.

charges

axis europe limited Companies House Filings - See Documents

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