london internet exchange limited
london internet exchange limited Company Information
Company Number
03137929
Website
http://linx.netRegistered Address
trinity court trinity street, priestgate, peterborough, cambridgeshire, PE1 1DA
Industry
Other telecommunications activities
Telephone
01733207700
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
london internet exchange limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON INTERNET EXCHANGE LIMITED at £36.6m based on a Turnover of £19m and 1.92x industry multiple (adjusted for size and gross margin).
london internet exchange limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON INTERNET EXCHANGE LIMITED at £16.1m based on an EBITDA of £2.3m and a 7.15x industry multiple (adjusted for size and gross margin).
london internet exchange limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON INTERNET EXCHANGE LIMITED at £45.8m based on Net Assets of £15m and 3.06x industry multiple (adjusted for liquidity).
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London Internet Exchange Limited Overview
London Internet Exchange Limited is a live company located in peterborough, PE1 1DA with a Companies House number of 03137929. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in December 1995, it's largest shareholder is unknown. London Internet Exchange Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19m with healthy growth in recent years.
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London Internet Exchange Limited Health Check
Pomanda's financial health check has awarded London Internet Exchange Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
0 Regular
2 Weak
Size
annual sales of £19m, make it larger than the average company (£13.3m)
£19m - London Internet Exchange Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.7%)
9% - London Internet Exchange Limited
4.7% - Industry AVG
Production
with a gross margin of 71.6%, this company has a lower cost of product (39.2%)
71.6% - London Internet Exchange Limited
39.2% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.4%)
0.1% - London Internet Exchange Limited
4.4% - Industry AVG
Employees
with 69 employees, this is above the industry average (55)
69 - London Internet Exchange Limited
55 - Industry AVG
Pay Structure
on an average salary of £104.6k, the company has a higher pay structure (£62.9k)
£104.6k - London Internet Exchange Limited
£62.9k - Industry AVG
Efficiency
resulting in sales per employee of £276k, this is more efficient (£235k)
£276k - London Internet Exchange Limited
£235k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (39 days)
23 days - London Internet Exchange Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 174 days, this is slower than average (43 days)
174 days - London Internet Exchange Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - London Internet Exchange Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 112 weeks, this is more cash available to meet short term requirements (8 weeks)
112 weeks - London Internet Exchange Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.3%, this is a lower level of debt than the average (65.1%)
23.3% - London Internet Exchange Limited
65.1% - Industry AVG
LONDON INTERNET EXCHANGE LIMITED financials
London Internet Exchange Limited's latest turnover from December 2023 is £19 million and the company has net assets of £15 million. According to their latest financial statements, London Internet Exchange Limited has 69 employees and maintains cash reserves of £9.8 million 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 | 19,042,581 | 16,815,998 | 16,635,214 | 14,898,784 | 15,185,614 | 15,827,050 | 15,739,668 | 15,200,020 | 14,264,079 | 12,610,042 | 11,579,439 | 10,775,016 | 8,186,550 | 6,729,462 | 5,709,576 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 5,406,774 | 4,654,241 | 4,005,713 | 3,433,706 | 4,073,402 | 3,828,680 | |||||||||
| Gross Profit | 13,635,807 | 12,161,757 | 12,629,501 | 11,465,078 | 11,112,212 | 11,998,370 | |||||||||
| Admin Expenses | 13,609,991 | 11,920,309 | 10,764,584 | 10,200,272 | 11,628,824 | 11,874,712 | |||||||||
| Operating Profit | 25,816 | 241,448 | 1,864,917 | 1,264,806 | -516,612 | 123,658 | 142,193 | 221,889 | -256,315 | 1,675,820 | 1,526,900 | 1,801,884 | 1,116,825 | 1,304,102 | 930,145 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 263,285 | 92,265 | 9,468 | 23,107 | 48,805 | 19,240 | 2,110 | 6,794 | 9,264 | 10,546 | 11,528 | 2,426 | 13,549 | 10,055 | 4,696 |
| Pre-Tax Profit | 289,101 | 333,713 | 1,874,385 | 1,287,913 | -467,807 | 142,898 | 144,266 | 228,683 | -247,051 | 1,686,366 | 1,538,428 | 1,804,310 | 1,130,374 | 1,314,157 | 934,841 |
| Tax | -153,758 | -50,873 | -86,406 | -15,456 | -16,529 | -5,632 | -11,210 | -2,797 | -1,854 | -2,109 | -12,589 | -21,708 | -18,986 | -10,584 | -6,100 |
| Profit After Tax | 135,343 | 282,840 | 1,787,979 | 1,272,457 | -484,336 | 137,266 | 133,056 | 225,886 | -248,905 | 1,684,257 | 1,525,839 | 1,782,602 | 1,111,388 | 1,303,573 | 928,741 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 135,343 | 282,840 | 1,787,979 | 1,272,457 | -484,336 | 137,266 | 133,056 | 225,886 | -248,905 | 1,684,257 | 1,525,839 | 1,782,602 | 1,111,388 | 1,303,573 | 928,741 |
| Employee Costs | 7,218,456 | 6,468,219 | 6,210,346 | 5,671,586 | 5,440,686 | 5,316,193 | 5,210,432 | 4,848,884 | 4,123,588 | 3,566,354 | 3,057,375 | 3,278,310 | 2,852,116 | 2,434,284 | |
| Number Of Employees | 69 | 68 | 67 | 63 | 64 | 61 | 68 | 58 | 53 | 49 | 45 | 42 | 38 | 32 | |
| EBITDA* | 2,256,462 | 2,605,164 | 3,860,289 | 3,544,337 | 2,346,582 | 3,785,960 | 3,816,616 | 4,110,385 | 4,482,507 | 5,466,936 | 5,267,596 | 5,405,404 | 3,594,776 | 2,930,171 | 2,199,684 |
* 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 | 5,344,310 | 4,529,613 | 4,010,862 | 3,434,376 | 3,594,692 | 4,704,820 | 7,491,247 | 8,535,193 | 8,326,027 | 4,829,703 | 5,772,101 | 6,611,547 | 5,924,118 | 2,527,648 | 2,270,915 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 102,711 | 103,200 | 103,723 | 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 | 5,447,021 | 4,632,813 | 4,114,585 | 3,434,376 | 3,594,692 | 4,704,820 | 7,491,247 | 8,535,193 | 8,326,027 | 4,829,703 | 5,772,101 | 6,611,547 | 5,924,118 | 2,527,648 | 2,270,915 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,209,853 | 310,698 | 337,489 | 788,049 | 136,754 | 87,129 | 141,227 | 512,883 | 392,035 | 374,733 | 386,975 | 526,367 | 335,612 | 86,287 | 157,694 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,047,701 | 3,008,988 | 2,883,474 | 2,163,113 | 1,662,122 | 2,662,634 | 1,643,815 | 2,554,909 | 2,671,342 | 1,926,328 | 1,392,498 | 970,676 | 951,004 | 595,807 | 586,162 |
| Cash | 9,823,044 | 9,360,919 | 9,694,661 | 8,004,283 | 7,772,806 | 6,103,989 | 4,881,183 | 3,098,805 | 3,009,297 | 6,918,771 | 4,342,425 | 2,108,354 | 849,512 | 3,289,948 | 2,080,269 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,080,598 | 12,680,605 | 12,915,624 | 10,955,445 | 9,571,682 | 8,853,752 | 6,666,225 | 6,166,597 | 6,072,674 | 9,219,832 | 6,121,898 | 3,605,397 | 2,136,128 | 3,972,042 | 2,824,125 |
| total assets | 19,527,619 | 17,313,418 | 17,030,209 | 14,389,821 | 13,166,374 | 13,558,572 | 14,157,472 | 14,701,790 | 14,398,701 | 14,049,535 | 11,893,999 | 10,216,944 | 8,060,246 | 6,499,690 | 5,095,040 |
| 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 | 2,582,529 | 580,855 | 532,940 | 483,298 | 638,007 | 327,811 | 669,764 | 1,651,216 | 1,660,384 | 1,528,115 | 974,833 | 616,268 | 416,705 | 207,782 | 226,251 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,972,427 | 1,940,051 | 1,932,366 | 1,134,653 | 1,036,928 | 1,258,970 | 1,653,183 | 1,349,105 | 1,262,734 | 796,932 | 878,935 | 1,086,284 | 911,751 | 671,506 | 551,960 |
| total current liabilities | 4,554,956 | 2,520,906 | 2,465,306 | 1,617,951 | 1,674,935 | 1,586,781 | 2,322,947 | 3,000,321 | 2,923,118 | 2,325,047 | 1,853,768 | 1,702,552 | 1,328,456 | 879,288 | 778,211 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,554,956 | 2,520,906 | 2,465,306 | 1,617,951 | 1,674,935 | 1,586,781 | 2,322,947 | 3,000,321 | 2,923,118 | 2,325,047 | 1,853,768 | 1,702,552 | 1,328,456 | 879,288 | 778,211 |
| net assets | 14,972,663 | 14,792,512 | 14,564,903 | 12,771,870 | 11,491,439 | 11,971,791 | 11,834,525 | 11,701,469 | 11,475,583 | 11,724,488 | 10,040,231 | 8,514,392 | 6,731,790 | 5,620,402 | 4,316,829 |
| total shareholders funds | 14,972,663 | 14,792,512 | 14,564,903 | 12,771,870 | 11,491,439 | 11,971,791 | 11,834,525 | 11,701,469 | 11,475,583 | 11,724,488 | 10,040,231 | 8,514,392 | 6,731,790 | 5,620,402 | 4,316,829 |
| 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 | 25,816 | 241,448 | 1,864,917 | 1,264,806 | -516,612 | 123,658 | 142,193 | 221,889 | -256,315 | 1,675,820 | 1,526,900 | 1,801,884 | 1,116,825 | 1,304,102 | 930,145 |
| Depreciation | 2,230,646 | 2,363,716 | 1,995,372 | 2,279,531 | 2,863,194 | 3,662,302 | 3,674,423 | 3,888,496 | 4,738,822 | 3,791,116 | 3,740,696 | 3,603,520 | 2,477,951 | 1,626,069 | 1,269,539 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -153,758 | -50,873 | -86,406 | -15,456 | -16,529 | -5,632 | -11,210 | -2,797 | -1,854 | -2,109 | -12,589 | -21,708 | -18,986 | -10,584 | -6,100 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 937,868 | 98,723 | 269,801 | 1,152,286 | -950,887 | 964,721 | -1,282,750 | 4,415 | 762,316 | 521,588 | 282,430 | 210,427 | 604,522 | -61,762 | 743,856 |
| Creditors | 2,001,674 | 47,915 | 49,642 | -154,709 | 310,196 | -341,953 | -981,452 | -9,168 | 132,269 | 553,282 | 358,565 | 199,563 | 208,923 | -18,469 | 226,251 |
| Accruals and Deferred Income | 32,376 | 7,685 | 797,713 | 97,725 | -222,042 | -394,213 | 304,078 | 86,371 | 465,802 | -82,003 | -207,349 | 174,533 | 240,245 | 119,546 | 551,960 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,198,886 | 2,511,168 | 4,351,437 | 2,319,611 | 3,369,094 | 2,079,441 | 4,410,782 | 4,180,376 | 4,316,408 | 5,414,518 | 5,123,793 | 5,547,365 | 3,420,436 | 3,082,426 | 2,227,939 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -875,874 | -2,658,693 | -4,043,098 | -8,223,502 | -2,848,718 | -2,901,250 | -4,290,949 | -5,874,421 | -1,882,802 | |
| Change in Investments | -489 | -523 | 103,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 489 | 523 | -103,723 | 0 | 0 | -875,874 | -2,658,693 | -4,043,098 | -8,223,502 | -2,848,718 | -2,901,250 | -4,290,949 | -5,874,421 | -1,882,802 | |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 263,285 | 92,265 | 9,468 | 23,107 | 48,805 | 19,240 | 2,073 | 6,794 | 9,264 | 10,546 | 11,528 | 2,426 | 13,549 | 10,055 | 4,696 |
| cash flow from financing | 308,093 | 37,034 | 14,522 | 31,081 | 52,789 | 19,240 | 2,073 | 6,794 | 9,264 | 10,546 | 11,528 | 2,426 | 13,549 | 10,055 | 3,392,784 |
| cash and cash equivalents | |||||||||||||||
| cash | 462,125 | -333,742 | 1,690,378 | 231,477 | 1,668,817 | 1,222,806 | 1,782,378 | 89,508 | -3,909,474 | 2,576,346 | 2,234,071 | 1,258,842 | -2,440,436 | 1,209,679 | 2,080,269 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 462,125 | -333,742 | 1,690,378 | 231,477 | 1,668,817 | 1,222,806 | 1,782,378 | 89,508 | -3,909,474 | 2,576,346 | 2,234,071 | 1,258,842 | -2,440,436 | 1,209,679 | 2,080,269 |
london internet exchange limited Credit Report and Business Information
London Internet Exchange Limited Competitor Analysis
Perform a competitor analysis for london internet exchange limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in PE1 area or any other competitors across 12 key performance metrics.
london internet exchange limited Ownership
LONDON INTERNET EXCHANGE LIMITED group structure
London Internet Exchange Limited has 1 subsidiary company.
Ultimate parent company
LONDON INTERNET EXCHANGE LIMITED
03137929
1 subsidiary
london internet exchange limited directors
London Internet Exchange Limited currently has 12 directors. The longest serving directors include Mr Thomas Mangin (May 2010) and Mr Richard Petrie (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Mangin | England | 49 years | May 2010 | - | Director |
| Mr Richard Petrie | 52 years | May 2018 | - | Director | |
| Mr Kurt Lindqvist | 50 years | May 2018 | - | Director | |
| Mr Neil McRae | 51 years | May 2019 | - | Director | |
| Mr Pieter Knook | 65 years | Dec 2019 | - | Director | |
| Mr Peter Stevens | 47 years | May 2020 | - | Director | |
| Mr Alexander Bloor | 42 years | May 2021 | - | Director | |
| Mrs Jennifer Holmes | 40 years | Jan 2023 | - | Director | |
| Mr Simon Lockhart | 52 years | May 2023 | - | Director | |
| Mr Steven Glendinning | England | 44 years | May 2023 | - | Director |
P&L
December 2023turnover
19m
+13%
operating profit
25.8k
-89%
gross margin
71.7%
-0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
15m
+0.01%
total assets
19.5m
+0.13%
cash
9.8m
+0.05%
net assets
Total assets minus all liabilities
Similar Companies
london internet exchange limited company details
company number
03137929
Type
Private Ltd By Guarantee w/o Share Cap
industry
61900 - Other telecommunications activities
incorporation date
December 1995
age
29
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICE BAILEY LLP
address
trinity court trinity street, priestgate, peterborough, cambridgeshire, PE1 1DA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
london internet exchange 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 1 charges/mortgages relating to london internet exchange limited. Currently there are 1 open charges and 0 have been satisfied in the past.
london internet exchange limited Companies House Filings - See Documents
| date | description | view/download |
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