entrust (europe) limited
entrust (europe) limited Company Information
Company Number
03403634
Next Accounts
Dec 2025
Shareholders
data card international limited
Group Structure
View All
Industry
Other software publishing
+1Registered Address
abbey gardens 4 abbey street, reading, RG1 3BA
Website
www.entrustdatacard.comentrust (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of ENTRUST (EUROPE) LIMITED at £16.2m based on a Turnover of £18.6m and 0.87x industry multiple (adjusted for size and gross margin).
entrust (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of ENTRUST (EUROPE) LIMITED at £8.6m based on an EBITDA of £2m and a 4.32x industry multiple (adjusted for size and gross margin).
entrust (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of ENTRUST (EUROPE) LIMITED at £42.4m based on Net Assets of £19.1m and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Entrust (europe) Limited Overview
Entrust (europe) Limited is a live company located in reading, RG1 3BA with a Companies House number of 03403634. It operates in the other software publishing sector, SIC Code 58290. Founded in July 1997, it's largest shareholder is data card international limited with a 100% stake. Entrust (europe) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Entrust (europe) Limited Health Check
Pomanda's financial health check has awarded Entrust (Europe) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £18.6m, make it larger than the average company (£3.8m)
£18.6m - Entrust (europe) Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.8%)
10% - Entrust (europe) Limited
8.8% - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (55.6%)
16.4% - Entrust (europe) Limited
55.6% - Industry AVG
Profitability
an operating margin of 4.1% make it as profitable than the average company (4.8%)
4.1% - Entrust (europe) Limited
4.8% - Industry AVG
Employees
with 95 employees, this is above the industry average (28)
95 - Entrust (europe) Limited
28 - Industry AVG
Pay Structure
on an average salary of £104.7k, the company has a higher pay structure (£71.9k)
£104.7k - Entrust (europe) Limited
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £195.6k, this is more efficient (£146.9k)
£195.6k - Entrust (europe) Limited
£146.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (57 days)
34 days - Entrust (europe) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (28 days)
4 days - Entrust (europe) Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (7 days)
0 days - Entrust (europe) Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (16 weeks)
5 weeks - Entrust (europe) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.5%, this is a lower level of debt than the average (54%)
41.5% - Entrust (europe) Limited
54% - Industry AVG
ENTRUST (EUROPE) LIMITED financials
Entrust (Europe) Limited's latest turnover from March 2024 is £18.6 million and the company has net assets of £19.1 million. According to their latest financial statements, Entrust (Europe) Limited has 95 employees and maintains cash reserves of £1.2 million 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 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,585,000 | 17,133,000 | 15,400,000 | 13,926,000 | 14,400,000 | 12,475,000 | 4,237,915 | 3,934,194 | 3,876,697 | 2,822,910 | 2,742,640 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 15,532,000 | 14,219,000 | 13,500,000 | 11,546,000 | 11,012,000 | 10,979,000 | 3,317,105 | 2,979,275 | 3,083,412 | 2,120,005 | 2,204,741 | |||||
| Gross Profit | 3,053,000 | 2,914,000 | 1,900,000 | 2,380,000 | 3,388,000 | 1,496,000 | 920,810 | 954,919 | 793,285 | 702,905 | 537,899 | |||||
| Admin Expenses | 2,286,000 | 1,932,000 | 1,335,000 | 1,360,000 | 1,260,000 | 555,000 | 422,789 | 389,776 | 163,524 | 401,419 | 428,253 | |||||
| Operating Profit | 767,000 | 982,000 | 565,000 | 1,020,000 | 2,128,000 | 941,000 | 498,021 | 565,143 | 629,761 | 301,486 | 109,646 | |||||
| Interest Payable | 579,000 | 580,000 | 632,000 | 837,000 | 966,000 | 636,000 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 106,000 | 5,000 | 88,000 | 509,000 | 0 | 0 | 141 | 81 | 23,580 | 104 | 284 | |||||
| Pre-Tax Profit | 2,570,000 | 3,978,000 | 5,900,000 | 2,526,000 | 1,162,000 | 271,000 | 498,162 | 565,224 | 653,341 | 301,590 | 109,930 | |||||
| Tax | -148,000 | 445,000 | -493,000 | -526,000 | -561,000 | -142,000 | -112,768 | -139,549 | -172,806 | -83,629 | -75,260 | |||||
| Profit After Tax | 2,422,000 | 4,423,000 | 5,407,000 | 2,000,000 | 601,000 | 129,000 | 385,394 | 425,675 | 480,535 | 217,961 | 34,670 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,390,000 | |||||
| Retained Profit | 2,422,000 | 4,423,000 | 5,407,000 | 2,000,000 | 601,000 | 129,000 | 385,394 | 425,675 | 480,535 | 217,961 | -3,355,330 | |||||
| Employee Costs | 9,945,000 | 9,334,000 | 8,237,000 | 7,428,000 | 6,809,000 | 6,457,000 | 1,735,644 | |||||||||
| Number Of Employees | 95 | 88 | 81 | 81 | 74 | 75 | 59 | 54 | 49 | 17 | ||||||
| EBITDA* | 1,991,000 | 2,223,000 | 1,725,000 | 2,125,000 | 3,164,000 | 1,805,000 | 543,615 | 596,597 | 659,705 | 330,588 | 132,420 |
* 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 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,023,000 | 1,392,000 | 1,155,000 | 1,425,000 | 1,458,000 | 1,015,000 | 47,512 | 94,702 | 114,892 | 110,674 | 118,712 | 123,650 | 66,208 | 68,555 | 86,871 | 105,172 |
| Intangible Assets | 3,237,000 | 3,942,000 | 4,647,000 | 5,352,000 | 6,058,000 | 6,763,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 23,334,000 | 23,334,000 | 23,334,000 | 23,334,000 | 23,334,000 | 23,334,000 | 9,976,551 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 92,000 | 75,000 | 0 | 185,000 | 175,000 | 0 | 0 | 2,750,000 | 2,750,000 | 2,750,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,686,000 | 28,743,000 | 29,136,000 | 30,296,000 | 31,025,000 | 31,112,000 | 10,024,063 | 2,844,702 | 2,864,892 | 2,860,674 | 118,712 | 123,650 | 66,208 | 68,555 | 86,871 | 105,172 |
| Stock & work in progress | 36,000 | 10,000 | 147,000 | 329,000 | 254,000 | 135,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,737,000 | 2,051,000 | 3,112,000 | 5,524,000 | 2,982,000 | 2,577,000 | 431,120 | 349,870 | 191,541 | 511,236 | 2,450,608 | 125,585 | 183,784 | 185,049 | 299,170 | 151,809 |
| Group Debtors | 561,000 | 738,000 | 1,020,000 | 0 | 1,889,000 | 1,240,000 | 1,255,348 | 16,423 | 518,809 | 0 | 0 | 2,047,364 | 1,889,479 | 1,349,998 | 620,427 | 340,269 |
| Misc Debtors | 1,433,000 | 1,815,000 | 1,709,000 | 0 | 1,766,000 | 896,000 | 376,305 | 184,665 | 122,700 | 0 | 0 | 158,811 | 105,981 | 44,587 | 125,117 | 99,227 |
| Cash | 1,189,000 | 2,028,000 | 1,187,000 | 874,000 | 432,000 | 1,824,000 | 560,779 | 1,172,370 | 350,777 | 770,786 | 447,143 | 262,419 | 141,348 | 638,942 | 189,752 | 375,340 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,956,000 | 6,642,000 | 7,175,000 | 6,727,000 | 7,323,000 | 6,672,000 | 2,623,552 | 1,723,328 | 1,183,827 | 1,282,022 | 2,897,751 | 2,594,179 | 2,320,592 | 2,218,576 | 1,234,466 | 966,645 |
| total assets | 32,642,000 | 35,385,000 | 36,311,000 | 37,023,000 | 38,348,000 | 37,784,000 | 12,647,615 | 4,568,030 | 4,048,719 | 4,142,696 | 3,016,463 | 2,717,829 | 2,386,800 | 2,287,131 | 1,321,337 | 1,071,817 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 205,000 | 523,000 | 448,000 | 29,097,000 | 357,000 | 357,000 | 125,550 | 230,831 | 130,890 | 1,252,882 | 674,098 | 101,436 | 35,489 | 46,803 | 114,085 | 103,240 |
| Group/Directors Accounts | 4,894,000 | 10,856,000 | 14,743,000 | 0 | 27,685,000 | 28,768,000 | 4,490,998 | 84,746 | 42,534 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,774,000 | 5,664,000 | 7,054,000 | 0 | 4,701,000 | 4,421,000 | 983,972 | 924,758 | 743,615 | 0 | 0 | 511,211 | 637,762 | 934,517 | 368,523 | 347,809 |
| total current liabilities | 11,873,000 | 17,043,000 | 22,245,000 | 29,097,000 | 32,743,000 | 33,546,000 | 5,600,520 | 1,240,335 | 917,039 | 1,252,882 | 674,098 | 612,647 | 673,251 | 981,320 | 482,608 | 451,049 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 3,660,006 | 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 | 0 |
| Accruals and Deferred Income | 1,678,000 | 1,673,000 | 1,820,000 | 1,087,000 | 766,000 | 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 | 17,937 | 31,390 | 31,390 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,379 | 6,683 | 6,239 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,678,000 | 1,673,000 | 1,820,000 | 1,087,000 | 766,000 | 0 | 3,660,006 | 0 | 0 | 8,379 | 6,683 | 6,239 | 0 | 17,937 | 31,390 | 31,390 |
| total liabilities | 13,551,000 | 18,716,000 | 24,065,000 | 30,184,000 | 33,509,000 | 33,546,000 | 9,260,526 | 1,240,335 | 917,039 | 1,261,261 | 680,781 | 618,886 | 673,251 | 999,257 | 513,998 | 482,439 |
| net assets | 19,091,000 | 16,669,000 | 12,246,000 | 6,839,000 | 4,839,000 | 4,238,000 | 3,387,089 | 3,327,695 | 3,131,680 | 2,881,435 | 2,335,682 | 2,098,943 | 1,713,549 | 1,287,874 | 807,339 | 589,378 |
| total shareholders funds | 19,091,000 | 16,669,000 | 12,246,000 | 6,839,000 | 4,839,000 | 4,238,000 | 3,387,089 | 3,327,695 | 3,131,680 | 2,881,435 | 2,335,682 | 2,098,943 | 1,713,549 | 1,287,874 | 807,339 | 589,378 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 767,000 | 982,000 | 565,000 | 1,020,000 | 2,128,000 | 941,000 | 498,021 | 565,143 | 629,761 | 301,486 | 109,646 | |||||
| Depreciation | 519,000 | 536,000 | 454,000 | 399,000 | 331,000 | 158,000 | 52,337 | 66,260 | 65,326 | 52,575 | 16,160 | 45,594 | 31,454 | 29,944 | 29,102 | 22,774 |
| Amortisation | 705,000 | 705,000 | 706,000 | 706,000 | 705,000 | 706,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -148,000 | 445,000 | -493,000 | -526,000 | -561,000 | -142,000 | -112,768 | -139,549 | -172,806 | -83,629 | -75,260 | |||||
| Stock | 26,000 | -137,000 | -182,000 | 75,000 | 119,000 | 135,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -856,000 | -1,162,000 | 132,000 | -1,103,000 | 2,099,000 | 2,650,227 | -1,238,185 | -282,092 | 321,814 | 810,628 | 118,848 | 152,516 | 599,610 | 534,920 | 453,409 | 591,305 |
| Creditors | -318,000 | 75,000 | -28,649,000 | 28,740,000 | 0 | 231,450 | -105,281 | 99,941 | -1,121,992 | 578,784 | 572,662 | 65,947 | -11,314 | -67,282 | 10,845 | 103,240 |
| Accruals and Deferred Income | 1,115,000 | -1,537,000 | 7,787,000 | -4,380,000 | 1,046,000 | 3,437,028 | 59,214 | 181,143 | 743,615 | 0 | -511,211 | -126,551 | -296,755 | 565,994 | 20,714 | 347,809 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,379 | 1,696 | 444 | 6,239 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,470,000 | 2,505,000 | -19,580,000 | 26,987,000 | 1,431,000 | 2,546,251 | 223,966 | -450,631 | 450,691 | -174,891 | -83,096 | |||||
| Investing Activities | ||||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -23,334,000 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 13,357,449 | 9,976,551 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -36,691,449 | ||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -5,962,000 | -3,887,000 | 14,743,000 | -27,685,000 | -1,083,000 | 24,277,002 | 4,406,252 | 42,212 | 42,534 | 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 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -3,660,006 | 3,660,006 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17,937 | -13,453 | 0 | 31,390 |
| share issue | ||||||||||||||||
| interest | -473,000 | -575,000 | -544,000 | -328,000 | -966,000 | -636,000 | 141 | 81 | 23,580 | 104 | 284 | |||||
| cash flow from financing | -6,435,000 | -4,462,000 | 14,199,000 | -28,013,000 | -2,049,000 | 20,702,907 | 141 | -17,856 | 10,127 | 104 | 3,976,382 | |||||
| cash and cash equivalents | ||||||||||||||||
| cash | -839,000 | 841,000 | 313,000 | 442,000 | -1,392,000 | 1,263,221 | -611,591 | 821,593 | -420,009 | 323,643 | 184,724 | 121,071 | -497,594 | 449,190 | -185,588 | 375,340 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -839,000 | 841,000 | 313,000 | 442,000 | -1,392,000 | 1,263,221 | -611,591 | 821,593 | -420,009 | 323,643 | 184,724 | 121,071 | -497,594 | 449,190 | -185,588 | 375,340 |
entrust (europe) limited Credit Report and Business Information
Entrust (europe) Limited Competitor Analysis
Perform a competitor analysis for entrust (europe) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in RG1 area or any other competitors across 12 key performance metrics.
entrust (europe) limited Ownership
ENTRUST (EUROPE) LIMITED group structure
Entrust (Europe) Limited has 1 subsidiary company.
Ultimate parent company
ENTRUST DATACARD CORP
#0091438
2 parents
ENTRUST (EUROPE) LIMITED
03403634
1 subsidiary
entrust (europe) limited directors
Entrust (Europe) Limited currently has 2 directors. The longest serving directors include Mr Kurt Ishaug (May 2014) and Ms Lisa Tibbits (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kurt Ishaug | United States | 58 years | May 2014 | - | Director |
| Ms Lisa Tibbits | United States | 56 years | May 2014 | - | Director |
P&L
March 2024turnover
18.6m
+8%
operating profit
767k
-22%
gross margin
16.5%
-3.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
19.1m
+0.15%
total assets
32.6m
-0.08%
cash
1.2m
-0.41%
net assets
Total assets minus all liabilities
Similar Companies
entrust (europe) limited company details
company number
03403634
Type
Private limited with Share Capital
industry
58290 - Other software publishing
62020 - Computer consultancy activities
incorporation date
July 1997
age
28
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
entrust technologies (uk) limited (February 2002)
entrust technologies limited (April 1998)
accountant
-
auditor
-
address
abbey gardens 4 abbey street, reading, RG1 3BA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
entrust (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 1 charges/mortgages relating to entrust (europe) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
entrust (europe) limited 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 ENTRUST (EUROPE) LIMITED. This can take several minutes, an email will notify you when this has completed.
entrust (europe) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
