Neptune (europe) Ltd

neptune (europe) ltd Company Information

Company Number

03215405

Next Accounts

Jun 2025

Directors

John Sims-Hilditch

John Redman

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Shareholders

neptune holdco limited

Group Structure

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Industry

Wholesale of household goods (other than musical instruments) n.e.c.

Registered Address

orion frankland road, blagrove, swindon, SN5 8YG

Website

www.neptune.com

neptune (europe) ltd Estimated Valuation

£52.3m

Pomanda estimates the enterprise value of NEPTUNE (EUROPE) LTD at £52.3m based on a Turnover of £62.3m and 0.84x industry multiple (adjusted for size and gross margin).

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Neptune (europe) Ltd is a live company located in swindon, SN5 8YG with a Companies House number of 03215405. It operates in the wholesale of furniture, carpets and lighting equipment sector, SIC Code 46470. Founded in June 1996, it's largest shareholder is neptune holdco limited with a 100% stake. Neptune (europe) Ltd is a mature, large sized company, Pomanda has estimated its turnover at £62.3m with healthy growth in recent years.

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Pomanda's financial health check has awarded Neptune (Europe) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

7 Strong

1 Regular

4 Weak

Size

annual sales of £62.3m, make it larger than the average company (£17m)

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.5%)

EXPORT

Neptune (Europe) Ltd's latest turnover from September 2023 is £62.3 million and the company has net assets of -£5.7 million. According to their latest financial statements, Neptune (Europe) Ltd has 388 employees and maintains cash reserves of £11.3 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Oct 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	62,327,954	75,843,041	65,072,650	49,488,763	48,082,008	47,770,759	44,057,288	38,384,364	33,779,249	26,436,043	23,563,234	18,413,968	15,771,789	12,613,850	7,548,941
Other Income Or Grants
Cost Of Sales	36,008,418	44,824,621	35,968,355	27,655,197	27,163,543	26,530,361	22,235,945	21,761,636	20,005,547	15,518,577	13,153,520	11,700,087	10,325,798	8,821,193	4,464,231
Gross Profit	26,319,536	31,018,420	29,104,295	21,833,566	20,918,465	21,240,398	21,821,343	16,622,728	13,773,702	10,917,466	10,409,714	6,713,881	5,445,991	3,792,657	3,084,710
Admin Expenses	26,925,561	44,672,678	27,939,333	21,963,294	20,195,679	20,551,617	20,376,503	14,680,677	12,742,521	9,090,466	9,026,392	5,569,008	4,646,786	3,333,823	2,561,735
Operating Profit	-606,025	-13,654,258	1,164,962	-129,728	722,786	688,781	1,444,840	1,942,051	1,031,181	1,827,000	1,383,322	1,144,873	799,205	458,834	522,975
Interest Payable	979,086	238,556	96,691	109,943	68,449	79,941	59,967	156,636	108,094	35,085	38,308	30,670	8,150	1,566	8,294
Interest Receivable	3,380	45		1,243	5,302	30,802	62,899	44,132	321,867	32,894	6,652	9,510	2,219	2,045	6,071
Pre-Tax Profit	-1,581,731	-13,892,769	1,068,271	-238,428	659,639	639,642	1,447,772	1,829,547	1,244,954	1,824,809	1,351,666	1,123,713	793,274	459,313	520,752
Tax	292,814	2,398,181	-168,285	142,742	25,292	34,835	-20,358	-364,906	-270,049	-548,252	-378,871	-276,580	-192,647	-97,877	-192,592
Profit After Tax	-1,288,917	-11,494,588	899,986	-95,686	684,931	674,477	1,427,414	1,464,641	974,905	1,276,557	972,795	847,133	600,627	361,436	328,160
Dividends Paid			1,000,000	2,000,000						1,030,418			80,000	600,000	100,000
Retained Profit	-1,288,917	-11,494,588	-100,014	-2,095,686	684,931	674,477	1,427,414	1,464,641	974,905	246,139	972,795	847,133	520,627	-238,564	228,160
Employee Costs	14,303,419	17,651,054	13,545,369	11,498,351	11,515,373	10,694,491	8,045,127	6,402,519	5,405,446	4,058,115	4,044,937	4,157,169	2,961,196	2,363,044	1,616,281
Number Of Employees	388	507	386	338	337	329	287	232	184	139	130	124	91	71	49
EBITDA*	34,155	-13,356,814	1,534,650	317,373	1,265,107	1,366,621	2,232,287	2,769,035	1,809,769	2,679,647	1,987,019	1,650,604	886,800	556,829	585,100

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Oct 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	1,295,926	1,738,469	331,416	441,711	634,669	849,755	1,024,526	1,252,588	1,257,395	1,113,071	1,171,830	997,185	448,061	161,401	106,062
Intangible Assets	442,804	234,709	3,304,455								38,072	75,024
Investments & Other									80	80	10,000	10,000
Debtors (Due After 1 year)
Total Fixed Assets	1,738,730	1,973,178	3,635,871	441,711	634,669	849,755	1,024,526	1,252,588	1,257,475	1,113,151	1,219,902	1,082,209	448,061	161,401	106,062
Stock & work in progress	11,854,008	13,443,320	15,760,996	9,748,395	9,425,259	8,770,812	7,185,692	6,054,335	5,795,172	4,408,280	3,688,629	3,272,769	2,294,165	1,789,757	890,483
Trade Debtors	4,199,890	3,289,380	4,427,137	3,747,148	1,860,957	2,063,266	2,450,014	3,269,002	4,185,474	2,381,896	2,852,814	2,505,058	1,802,723	1,619,442	981,269
Group Debtors	641,691	1,669,064	91	1,000,832	873,285	2,488,714	1,547,328	70,161	1,456,605	1,779,761
Misc Debtors	5,067,050	5,603,083	4,951,526	2,865,096	3,565,464	2,799,334	3,356,057	1,867,567	2,624,544	911,134	390,314	961,107	904,902	777,160	523,037
Cash	11,336,070	4,940,123	2,032,150	4,711,087	1,769,533	1,028,237	647,421	1,479,285	1,468,908	2,140,107	701,697	406,805	770,731	157,695	755,567
misc current assets
total current assets	33,098,709	28,944,970	27,171,900	22,072,558	17,494,498	17,150,363	15,186,512	12,740,350	15,530,703	11,621,178	7,633,454	7,145,739	5,772,521	4,344,054	3,150,356
total assets	34,837,439	30,918,148	30,807,771	22,514,269	18,129,167	18,000,118	16,211,038	13,992,938	16,788,178	12,734,329	8,853,356	8,227,948	6,220,582	4,505,455	3,256,418
Bank overdraft	13,363,670	5,727,293			401,857	370,632		350,829	5,092,179	1,590,879			8,022
Bank loan								54,344	100,000	100,000	157,212	462,007
Trade Creditors	3,812,293	5,722,952	5,957,221	2,877,305	1,242,556	2,781,112	2,940,327	2,360,664	1,504,025	2,379,279	989,238	1,868,946	2,172,585	1,047,841	457,378
Group/Directors Accounts	11,669,848	12,056,124	6,200,000	1,800,000		150,101	64,457	17,128	186,824	222,878
other short term finances							98,758
hp & lease commitments					25,466	7,439	178,558	173,577	112,906	91,004	58,514	65,270
other current liabilities	10,627,888	10,714,104	10,762,485	9,981,675	6,531,750	5,320,436	4,092,631	3,086,482	3,795,380	3,571,711	3,430,472	2,616,990	1,982,021	1,963,269	1,092,098
total current liabilities	39,473,699	34,220,473	22,919,706	14,658,980	8,201,629	8,629,720	7,374,731	6,043,024	10,791,314	7,955,751	4,635,436	5,013,213	4,162,628	3,011,110	1,549,476
loans									60,107	161,925	259,964	363,522
hp & lease commitments							12,022	142,796	154,741	103,659	39,175	111,334
Accruals and Deferred Income
other liabilities
provisions	1,020,291	816,894	621,613	411,706	541,555	537,273	1,041,602	598,109	493,013	498,513	552,281	357,766	522,974	479,992	454,025
total long term liabilities	1,020,291	816,894	621,613	411,706	541,555	537,273	1,053,624	740,905	707,861	764,097	851,420	832,622	522,974	479,992	454,025
total liabilities	40,493,990	35,037,367	23,541,319	15,070,686	8,743,184	9,166,993	8,428,355	6,783,929	11,499,175	8,719,848	5,486,856	5,845,835	4,685,602	3,491,102	2,003,501
net assets	-5,656,551	-4,119,219	7,266,452	7,443,583	9,385,983	8,833,125	7,782,683	7,209,009	5,289,003	4,014,481	3,366,500	2,382,113	1,534,980	1,014,353	1,252,917
total shareholders funds	-5,656,551	-4,119,219	7,266,452	7,443,583	9,385,983	8,833,125	7,782,683	7,209,009	5,289,003	4,014,481	3,366,500	2,382,113	1,534,980	1,014,353	1,252,917

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Oct 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	-606,025	-13,654,258	1,164,962	-129,728	722,786	688,781	1,444,840	1,942,051	1,031,181	1,827,000	1,383,322	1,144,873	799,205	458,834	522,975
Depreciation	640,180	297,444	369,688	447,101	542,321	677,840	787,447	826,984	778,588	814,575	566,745	468,779	87,595	97,995	62,125
Amortisation										38,072	36,952	36,952
Tax	292,814	2,398,181	-168,285	142,742	25,292	34,835	-20,358	-364,906	-270,049	-548,252	-378,871	-276,580	-192,647	-97,877	-192,592
Stock	-1,589,312	-2,317,676	6,012,601	323,136	654,447	1,585,120	1,131,357	259,163	1,386,892	719,651	415,860	978,604	504,408	899,274	890,483
Debtors	-652,896	1,182,773	1,765,678	1,313,370	-1,051,608	-2,085	2,146,669	-3,059,893	3,193,832	1,829,663	-223,037	758,540	311,023	892,296	1,504,306
Creditors	-1,910,659	-234,269	3,079,916	1,634,749	-1,538,556	-159,215	579,663	856,639	-875,254	1,390,041	-879,708	-303,639	1,124,744	590,463	457,378
Accruals and Deferred Income	-86,216	-48,381	780,810	3,449,925	1,211,314	1,227,805	1,006,149	-708,898	223,669	141,239	813,482	634,969	18,752	871,171	1,092,098
Deferred Taxes & Provisions	203,397	195,281	209,907	-129,849	4,282	-504,329	443,493	105,096	-5,500	-53,768	194,515	-165,208	42,982	25,967	454,025
Cash flow from operations	775,699	-9,911,099	-2,341,281	3,778,434	1,364,600	382,682	963,208	5,457,696	-3,698,089	1,059,593	1,543,614	-196,998	1,065,200	154,983	1,220
Investing Activities
capital expenditure	-405,732	1,365,249	-3,563,848	-254,143	-327,235	-503,069	-559,385	-822,177	-657,265	-925,520	-797,642	-905,088	-369,636	-150,511	-66,541
Change in Investments								-80		-9,920		10,000
cash flow from investments	-405,732	1,365,249	-3,563,848	-254,143	-327,235	-503,069	-559,385	-822,097	-657,265	-915,600	-797,642	-915,088	-369,636	-150,511	-66,541
Financing Activities
Bank loans							-54,344	-45,656		-57,212	-304,795	462,007
Group/Directors Accounts	-386,276	5,856,124	4,400,000	1,800,000	-150,101	85,644	47,329	-169,696	-36,054	222,878
Other Short Term Loans						-98,758	98,758
Long term loans								-60,107	-101,818	-98,039	-103,558	363,522
Hire Purchase and Lease Commitments				-25,466	18,027	-183,141	-125,793	48,726	72,984	96,974	-78,915	176,604
other long term liabilities
share issue	-248,415	108,917	-77,117	153,286	-132,073	375,965	-853,740	455,365	299,617	401,842	11,592				1,024,757
interest	-975,706	-238,511	-96,691	-108,700	-63,147	-49,139	2,932	-112,504	213,773	-2,191	-31,656	-21,160	-5,931	479	-2,223
cash flow from financing	-1,610,397	5,726,530	4,226,192	1,819,120	-327,294	130,571	-884,858	116,128	448,502	564,252	-507,332	980,973	-5,931	479	1,022,534
cash and cash equivalents
cash	6,395,947	2,907,973	-2,678,937	2,941,554	741,296	380,816	-831,864	10,377	-671,199	1,438,410	294,892	-363,926	613,036	-597,872	755,567
overdraft	7,636,377	5,727,293		-401,857	31,225	370,632	-350,829	-4,741,350	3,501,300	1,590,879		-8,022	8,022
change in cash	-1,240,430	-2,819,320	-2,678,937	3,343,411	710,071	10,184	-481,035	4,751,727	-4,172,499	-152,469	294,892	-355,904	605,014	-597,872	755,567

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for neptune (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 SN5 area or any other competitors across 12 key performance metrics.

NEPTUNE (EUROPE) LTD group structure

Neptune (Europe) Ltd has no subsidiary companies.

Ultimate parent company

NEPTUNE HOLDCO LIMITED

08480249

1 parent

NEPTUNE (EUROPE) LTD

03215405

NEPTUNE (EUROPE) LTD Shareholders

neptune holdco limited

100%

Neptune (Europe) Ltd currently has 4 directors. The longest serving directors include Mr John Sims-Hilditch (Jun 1996) and Mr John Redman (Jun 1996).

officer	age	start	end	role
Mr John Sims-Hilditch	60 years	Jun 1996	-	Director
Mr John Redman	55 years	Jun 1996	-	Director
Mr Will Coulten	43 years	Feb 2024	-	Director
Mr Mike Clark	43 years	Sep 2024	-	Director

P&L

September 2023

turnover

62.3m

-18%

operating profit

-606k

-96%

gross margin

42.3%

+3.25%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-5.7m

+0.37%

total assets

34.8m

+0.13%

cash

11.3m

+1.29%

net assets

Total assets minus all liabilities

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4.5

company number

03215405

Type

Private limited with Share Capital

industry

46499 - Wholesale of household goods (other than musical instruments) n.e.c.

46470 - Wholesale of furniture, carpets and lighting equipment

incorporation date

June 1996

ultimate parent company

NEPTUNE HOLDCO LIMITED

previous names

N/A

address

orion frankland road, blagrove, swindon, SN5 8YG

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 5 charges/mortgages relating to neptune (europe) ltd. Currently there are 4 open charges and 1 have been satisfied in the past.

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neptune (europe) ltd Company Information

neptune (europe) ltd Estimated Valuation

neptune (europe) ltd Estimated Valuation

neptune (europe) ltd Estimated Valuation

Neptune (europe) Ltd Overview

Neptune (europe) Ltd Health Check

NEPTUNE (EUROPE) LTD financials

neptune (europe) ltd Credit Report and Business Information

Neptune (europe) Ltd Competitor Analysis

neptune (europe) ltd Ownership

neptune (europe) ltd directors

neptune (europe) ltd company details

neptune (europe) ltd Charges & Mortgages

neptune (europe) ltd Capital Raised & Share Issues BETA

neptune (europe) ltd Companies House Filings - See Documents