Pomanda estimates the enterprise value of NEC EUROPE LTD at £9.3m based on a Turnover of £24.9m and 0.37x industry multiple (adjusted for size and gross margin).
nec europe ltdEstimated Valuation
£11.7m
Pomanda estimates the enterprise value of NEC EUROPE LTD at £11.7m based on an EBITDA of £2.7m and a 4.36x industry multiple (adjusted for size and gross margin).
nec europe ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NEC EUROPE LTD at £0 based on Net Assets of £-85.1m and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nec Europe LtdOverview
Nec Europe Ltd is a live company located in south ruislip, HA4 6QE with a Companies House number of 02832014. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in June 1993, it's largest shareholder is
nec corp
with a 100% stake. Nec Europe Ltd is a mature,
large sized company, Pomanda has estimated its turnover at
£24.9m with
declining
growth in recent years.
Pomanda's financial health check has awarded Nec Europe Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £24.9m, make it larger than the average company (£15.7m)
£24.9m - Nec Europe Ltd
£15.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.5%)
-8% - Nec Europe Ltd
7.5% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (25.2%)
16.2% - Nec Europe Ltd
25.2% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (3.8%)
10.4% - Nec Europe Ltd
3.8% - Industry AVG
Employees
with 162 employees, this is above the industry average (33)
162 - Nec Europe Ltd
33 - Industry AVG
Pay Structure
on an average salary of £107.6k, the company has a higher pay structure (£55.2k)
£107.6k - Nec Europe Ltd
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £153.6k, this is less efficient (£457.1k)
£153.6k - Nec Europe Ltd
£457.1k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (56 days)
52 days - Nec Europe Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (31 days)
100 days - Nec Europe Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (65 days)
33 days - Nec Europe Ltd
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Nec Europe Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 220.8%, this is a higher level of debt than the average (53.2%)
220.8% - Nec Europe Ltd
53.2% - Industry AVG
NEC EUROPE LTD financials
EXPORT
Nec Europe Ltd's latest turnover from March 2024 is £24.9 million and the company has net assets of -£85.1 million. According to their latest financial statements, Nec Europe Ltd has 162 employees and maintains cash reserves of £118.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
24,877,063
35,618,053
36,900,666
31,472,107
35,462,440
48,371,707
46,485,748
59,714,968
41,170,900
42,205,294
46,047,749
43,582,297
54,826,066
47,695,576
56,986,471
Other Income Or Grants
Cost Of Sales
20,854,665
33,684,742
33,859,255
25,779,098
34,652,222
44,473,199
40,870,456
54,044,205
36,802,372
39,453,571
42,765,359
39,362,838
49,470,984
41,545,367
46,279,954
Gross Profit
4,022,398
1,933,311
3,041,411
5,693,010
810,218
3,898,508
5,615,293
5,670,763
4,368,528
2,751,724
3,282,391
4,219,459
5,355,082
6,150,208
10,706,517
Admin Expenses
1,427,248
4,918,323
-603,441
2,232,266
8,441,109
20,775,465
9,340,331
6,622,291
10,005,310
13,755,214
13,540,907
10,565,472
19,054,986
13,804,103
12,380,405
Operating Profit
2,595,150
-2,985,012
3,644,852
3,460,744
-7,630,891
-16,876,957
-3,725,038
-951,528
-5,636,782
-11,003,490
-10,258,516
-6,346,013
-13,699,904
-7,653,895
-1,673,888
Interest Payable
5,357,023
3,127,316
2,414,628
1,082,128
1,484,698
1,460,674
834,613
982,250
705,372
497,915
352,798
1,072,421
476,916
408,785
345,742
Interest Receivable
2,623,779
2,244,021
1,224,172
865,185
1,427,367
1,093,203
803,038
1,014,678
561,111
611,115
457,725
893,196
516,191
242,064
389,070
Pre-Tax Profit
-31,306,837
9,484,675
28,630,587
-10,414,945
-14,948,992
-85,783,754
-2,403,140
-19,486,260
-24,172,051
-19,696,144
-15,212,895
-594,733
-20,228,439
-7,985,733
-20,633,124
Tax
40,418
748,569
-555,027
-659,435
-150,915
-1,014,920
354,156
-316,607
-211,523
-137,884
-91,241
-266,277
-89,772
4,809
1,036,343
Profit After Tax
-31,266,420
10,233,244
28,075,560
-11,074,380
-15,099,907
-86,798,674
-2,048,984
-19,802,867
-24,383,574
-19,834,028
-15,304,136
-861,009
-20,318,211
-7,980,923
-19,596,781
Dividends Paid
Retained Profit
-31,266,420
10,233,244
28,075,560
-11,074,380
-15,099,907
-86,798,674
-2,048,984
-19,802,867
-24,383,574
-19,834,028
-15,304,136
-861,009
-20,318,211
-7,980,923
-19,596,781
Employee Costs
17,423,375
16,009,599
12,256,419
10,391,701
11,709,805
15,484,435
20,628,094
22,545,656
23,968,493
22,773,002
19,181,113
19,453,548
20,108,208
18,953,190
22,587,320
Number Of Employees
162
163
127
121
119
161
258
248
291
287
269
242
269
261
308
EBITDA*
2,684,406
-2,659,987
4,233,596
3,631,198
-7,452,154
-16,174,249
-2,929,681
169,824
-4,660,589
-9,955,741
-9,454,836
-5,579,371
-12,837,448
-6,934,915
-131,754
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
206,298
281,239
380,392
771,349
1,348,115
337,999
1,529,271
1,966,205
1,995,751
2,622,350
2,611,009
2,626,188
919,365
1,169,445
1,622,601
Intangible Assets
488,380
756,989
Investments & Other
38,927,248
47,399,798
65,054,898
38,350,551
48,324,762
42,459,016
55,807,306
32,088,240
38,270,643
42,430,845
36,658,303
40,136,796
55,961,847
49,706,637
52,823,415
Debtors (Due After 1 year)
7,394,606
Total Fixed Assets
39,621,927
48,438,026
65,435,290
39,121,901
49,672,877
42,797,016
64,731,183
34,054,446
40,266,395
45,053,196
39,269,313
42,762,985
56,881,212
50,876,082
54,446,016
Stock & work in progress
1,920,680
5,033,681
1,343,477
965,048
642,442
1,359,366
946,407
873,016
2,803,788
2,081,028
1,462,135
3,918,069
6,185,476
2,696,377
3,134,672
Trade Debtors
3,573,594
725,834
982,969
826,446
134,896
1,217,535
504,352
1,094,043
891,229
2,014,640
1,075,122
486,467
379,929
161,109
9,514,546
Group Debtors
24,269,114
76,648,703
41,057,318
49,332,816
65,386,560
74,401,363
107,323,775
107,908,346
87,352,863
29,982,126
29,942,214
26,987,564
28,838,570
24,910,227
26,037,669
Misc Debtors
958,235
2,846,918
900,838
2,958,849
2,690,329
11,537,115
9,650,964
1,744,324
3,373,749
2,958,549
6,624,087
3,840,526
3,840,173
12,809,394
6,970,554
Cash
118,727
168,407
267,139
79,201
824,551
726,653
488,991
582,011
526,595
46,539,280
36,351,125
22,206,291
30,511,382
47,092,017
75,980,193
misc current assets
total current assets
30,840,350
85,423,543
44,551,742
54,162,362
69,678,779
89,242,034
118,914,491
112,201,741
94,948,226
83,575,623
75,454,684
57,438,917
69,755,531
87,669,125
121,637,634
total assets
70,462,277
133,861,570
109,987,032
93,284,263
119,351,657
132,039,050
183,645,673
146,256,187
135,214,621
128,628,819
114,723,996
100,201,902
126,636,743
138,545,207
176,083,650
Bank overdraft
Bank loan
Trade Creditors
5,735,938
14,691,815
7,763,465
11,190,599
9,917,376
14,528,458
10,433,521
9,080,901
9,354,810
6,867,819
6,386,861
8,242,868
7,118,467
4,032,542
6,331,241
Group/Directors Accounts
139,951,162
153,304,143
146,127,777
153,372,934
158,605,514
157,436,913
142,491,039
107,527,735
106,606,779
87,322,325
58,900,547
66,500,366
87,872,716
84,613,658
105,869,661
other short term finances
hp & lease commitments
245,031
252,610
525,633
896,177
877,666
293,565
301,796
870,712
other current liabilities
4,413,944
9,786,965
6,751,966
4,135,674
5,780,288
6,087,677
6,474,654
8,495,477
8,217,541
8,618,605
10,661,496
9,397,220
11,147,002
7,830,234
5,938,632
total current liabilities
150,346,076
178,035,534
161,168,842
169,595,386
175,180,845
178,053,048
159,399,215
125,397,679
124,480,928
103,679,462
75,948,905
84,140,454
106,138,185
96,476,435
118,139,535
loans
hp & lease commitments
244,189
505,220
430,440
1,273,922
Accruals and Deferred Income
other liabilities
2,080,666
2,861,232
5,829,514
6,386,019
8,443,638
6,694,603
3,165,215
483,870
2,790,512
618,776
provisions
2,888,177
4,658,134
1,587,274
2,058,367
2,866,537
9,253,085
2,023,382
2,176,992
323,037
310,664
277,524
203,365
1,118,146
1,199,102
1,613,758
total long term liabilities
5,213,035
8,024,587
7,416,789
8,874,828
12,584,099
15,947,688
5,188,599
2,660,864
3,113,550
929,441
277,524
203,365
1,118,147
1,199,102
4,680,343
total liabilities
155,559,111
186,060,121
168,585,632
178,470,213
187,764,944
194,000,737
164,587,814
128,058,542
127,594,477
104,608,903
76,226,429
84,343,819
107,256,332
97,675,537
122,819,878
net assets
-85,096,834
-52,198,552
-58,598,599
-85,185,950
-68,413,287
-61,961,687
19,057,860
18,197,645
7,620,143
24,019,917
38,497,567
15,858,083
19,380,410
40,869,670
53,263,772
total shareholders funds
-85,096,834
-52,198,552
-58,598,599
-85,185,950
-68,413,287
-61,961,687
19,057,860
18,197,645
7,620,143
24,019,917
38,497,567
15,858,083
19,380,410
40,869,670
53,263,772
Mar 2024
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
2,595,150
-2,985,012
3,644,852
3,460,744
-7,630,891
-16,876,957
-3,725,038
-951,528
-5,636,782
-11,003,490
-10,258,516
-6,346,013
-13,699,904
-7,653,895
-1,673,888
Depreciation
89,256
325,025
588,744
170,455
178,737
702,708
795,358
1,121,352
976,193
1,047,749
803,680
766,642
862,456
718,980
729,507
Amortisation
812,627
Tax
40,418
748,569
-555,027
-659,435
-150,915
-1,014,920
354,156
-316,607
-211,523
-137,884
-91,241
-266,277
-89,772
4,809
1,036,343
Stock
-3,113,001
3,690,204
378,429
322,607
-716,925
412,959
73,391
-1,930,772
722,760
618,893
-2,455,934
-2,267,407
3,489,099
-438,294
3,134,672
Debtors
-51,420,512
37,280,330
-10,176,987
-15,093,674
-18,944,227
-37,717,684
14,126,983
19,128,872
56,662,527
-2,686,108
6,326,866
-1,744,115
-4,822,059
-4,642,038
42,522,769
Creditors
-8,955,877
6,928,350
-3,427,134
1,273,223
-4,611,082
4,094,937
1,352,620
-273,909
2,486,992
480,957
-1,856,006
1,124,400
3,085,925
-2,298,698
6,331,241
Accruals and Deferred Income
-5,373,021
3,034,999
2,616,292
-1,644,614
-307,389
-386,977
-2,020,823
277,936
-401,064
-2,042,891
1,264,276
-1,749,782
3,316,768
1,891,602
5,938,632
Deferred Taxes & Provisions
-1,769,957
3,070,860
-471,093
-808,170
-6,386,548
7,229,703
-153,610
1,853,955
12,373
33,140
74,159
-914,781
-80,956
-414,656
1,613,758
Cash flow from operations
41,159,482
-29,847,743
12,195,192
16,563,270
753,064
31,053,219
-17,597,711
-15,486,901
-60,159,098
-9,555,204
-13,934,580
-3,374,289
-5,272,523
-2,671,526
-30,869,221
Investing Activities
capital expenditure
254,294
-982,861
-197,787
406,311
-1,188,853
488,564
-358,424
-1,091,806
-349,594
-1,059,090
-788,501
-2,473,465
-612,376
-265,824
-3,164,735
Change in Investments
-8,472,550
-17,655,100
26,704,347
-9,974,211
5,865,745
-13,348,289
23,719,065
-6,182,403
-4,160,202
5,772,542
-3,478,493
-15,825,051
6,255,210
-3,116,778
52,823,415
cash flow from investments
8,726,844
16,672,239
-26,902,134
10,380,522
-7,054,598
13,836,853
-24,077,489
5,090,597
3,810,608
-6,831,632
2,689,992
13,351,586
-6,867,586
2,850,954
-55,988,150
Financing Activities
Bank loans
Group/Directors Accounts
-13,352,981
7,176,366
-7,245,157
-5,232,580
1,168,601
14,945,873
34,963,304
920,956
19,284,454
28,421,778
-7,599,818
-21,372,350
3,259,057
-21,256,003
105,869,661
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-268,610
232,197
-800,984
-824,971
2,151,588
-293,565
-8,231
-568,916
870,712
other long term liabilities
-780,566
-2,968,282
-556,505
-2,057,619
1,749,035
3,529,388
2,681,345
-2,306,642
2,171,736
618,776
share issue
-1,631,862
-3,833,196
-1,488,209
-5,698,283
8,648,307
5,779,127
2,909,199
30,380,368
7,983,801
5,356,378
37,943,620
-2,661,318
-1,171,048
-4,413,179
72,860,553
interest
-2,733,244
-883,295
-1,190,456
-216,943
-57,331
-367,471
-31,575
32,428
-144,261
113,200
104,927
-179,225
39,275
-166,721
43,328
cash flow from financing
-18,767,263
-276,210
-11,281,311
-14,030,396
13,660,200
23,886,917
40,228,708
29,018,879
28,726,814
35,380,844
30,448,729
-24,212,893
2,127,284
-25,835,903
178,773,542
cash and cash equivalents
cash
-49,680
-98,732
187,938
-745,350
97,898
237,662
-93,019
55,415
-46,012,685
10,188,155
14,144,834
-8,305,091
-16,580,635
-28,888,176
75,980,193
overdraft
change in cash
-49,680
-98,732
187,938
-745,350
97,898
237,662
-93,019
55,415
-46,012,685
10,188,155
14,144,834
-8,305,091
-16,580,635
-28,888,176
75,980,193
nec europe ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nec europe ltd. Get real-time insights into nec europe ltd's credit score, group structure and payment trends.
Perform a competitor analysis for nec europe ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in HA4 area or any other competitors across 12 key performance metrics.
The sole shareholder of Nec Europe Ltd is Nec Corp.
nec corp
100%
nec europe ltd directors
Nec Europe Ltd currently has 7 directors.
The longest serving directors include
Earl Of Richard Kilmorey (Oct 1997) and
Mr Christopher Jackson (Apr 2020).
46520 - Wholesale of electronic and telecommunications equipment and parts
incorporation date
June 1993
age
32
incorporated
UK
ultimate parent company
NEC CORP
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
KPMG LLP
address
athene odyssey business park, west end road, south ruislip, middlesex, HA4 6QE
Bank
HSBC BANK PLC
Legal Advisor
-
nec 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 did not find charges/mortgages relating to nec europe ltd.
nec 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.
Click to start generating capital raising & share issue transactions for NEC EUROPE LTD. This can take several minutes, an email will notify you when this has completed.
nec europe ltdCompanies House Filings - See Documents
