epay limited
epay limited Company Information
Company Number
03695345
Next Accounts
Sep 2025
Shareholders
eft services holdings b.v
Group Structure
View All
Industry
Other telecommunications activities
+1Registered Address
kingfisher house, 2 woodbrook crescent, billericay, essex, CM12 0EQ
Website
www.epayworldwide.co.ukepay limited Estimated Valuation
Pomanda estimates the enterprise value of EPAY LIMITED at £50.6m based on a Turnover of £42.7m and 1.19x industry multiple (adjusted for size and gross margin).
epay limited Estimated Valuation
Pomanda estimates the enterprise value of EPAY LIMITED at £13.4m based on an EBITDA of £2.4m and a 5.5x industry multiple (adjusted for size and gross margin).
epay limited Estimated Valuation
Pomanda estimates the enterprise value of EPAY LIMITED at £10.4m based on Net Assets of £4.1m and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Epay Limited Overview
Epay Limited is a live company located in billericay, CM12 0EQ with a Companies House number of 03695345. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in January 1999, it's largest shareholder is eft services holdings b.v with a 100% stake. Epay Limited is a mature, large sized company, Pomanda has estimated its turnover at £42.7m with high growth in recent years.
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Epay Limited Health Check
Pomanda's financial health check has awarded Epay Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £42.7m, make it larger than the average company (£10.2m)
£42.7m - Epay Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (5.2%)
22% - Epay Limited
5.2% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (51.1%)
14.2% - Epay Limited
51.1% - Industry AVG
Profitability
an operating margin of 5.2% make it more profitable than the average company (4.2%)
5.2% - Epay Limited
4.2% - Industry AVG
Employees
with 95 employees, this is above the industry average (44)
95 - Epay Limited
44 - Industry AVG
Pay Structure
on an average salary of £74.6k, the company has an equivalent pay structure (£72.7k)
£74.6k - Epay Limited
£72.7k - Industry AVG
Efficiency
resulting in sales per employee of £449k, this is more efficient (£204.8k)
£449k - Epay Limited
£204.8k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (47 days)
112 days - Epay Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 251 days, this is slower than average (40 days)
251 days - Epay Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Epay Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (12 weeks)
30 weeks - Epay Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.8%, this is a higher level of debt than the average (61.9%)
91.8% - Epay Limited
61.9% - Industry AVG
EPAY LIMITED financials
Epay Limited's latest turnover from December 2023 is £42.7 million and the company has net assets of £4.1 million. According to their latest financial statements, Epay Limited has 95 employees and maintains cash reserves of £26.7 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 | 42,655,000 | 33,166,000 | 26,066,000 | 23,371,000 | 24,771,000 | 26,766,000 | 31,972,000 | 41,617,000 | 35,565,000 | 45,283,000 | 45,332,000 | 50,978,000 | 61,378,000 | 71,895,000 | 78,436,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 36,586,000 | 28,125,000 | 21,960,000 | 19,440,000 | 20,002,000 | 21,837,000 | 26,679,000 | 35,523,000 | 29,152,000 | 37,543,000 | 36,684,000 | 41,488,000 | 53,120,000 | 63,318,000 | 67,030,000 |
| Gross Profit | 6,069,000 | 5,041,000 | 4,106,000 | 3,931,000 | 4,769,000 | 4,929,000 | 5,293,000 | 6,094,000 | 6,413,000 | 7,740,000 | 8,648,000 | 9,490,000 | 8,258,000 | 8,577,000 | 11,406,000 |
| Admin Expenses | 3,869,000 | 4,070,000 | 5,888,000 | 4,231,000 | 4,659,000 | 3,608,000 | 8,870,000 | 7,472,000 | 6,769,000 | 5,737,000 | 6,194,000 | 7,111,000 | 6,638,000 | 7,811,000 | 7,920,000 |
| Operating Profit | 2,200,000 | 971,000 | -1,782,000 | -300,000 | 110,000 | 1,321,000 | -3,577,000 | -1,378,000 | -356,000 | 2,003,000 | 2,454,000 | 2,379,000 | 1,620,000 | 766,000 | 3,486,000 |
| Interest Payable | 5,000 | 5,000 | 17,000 | 150,000 | 267,000 | 288,000 | 189,000 | 142,000 | 184,000 | 110,000 | 36,000 | 40,000 | 4,000 | 23,000 | 116,000 |
| Interest Receivable | 92,000 | 6,000 | 1,000 | 30,000 | 58,000 | 69,000 | 2,000 | 25,000 | 38,000 | 32,000 | 66,000 | 208,000 | 690,000 | 871,000 | 970,000 |
| Pre-Tax Profit | 2,287,000 | 972,000 | -1,798,000 | -420,000 | -99,000 | 1,102,000 | -3,764,000 | -1,495,000 | -502,000 | 1,925,000 | 7,487,000 | 3,844,000 | 2,306,000 | 1,614,000 | 4,646,000 |
| Tax | -582,000 | -42,000 | 123,000 | -165,000 | 86,000 | -196,000 | 88,000 | 87,000 | 302,000 | -478,000 | -443,000 | -955,000 | -817,000 | -618,000 | -2,199,000 |
| Profit After Tax | 1,705,000 | 930,000 | -1,675,000 | -585,000 | -13,000 | 906,000 | -3,676,000 | -1,408,000 | -200,000 | 1,447,000 | 7,044,000 | 2,889,000 | 1,489,000 | 996,000 | 2,447,000 |
| Dividends Paid | 101,000 | 1,814,000 | 6,143,000 | 2,910,000 | 958,000 | 6,028,000 | 4,650,000 | ||||||||
| Retained Profit | 1,705,000 | 930,000 | -1,675,000 | -585,000 | -13,000 | 906,000 | -3,676,000 | -1,509,000 | -200,000 | -367,000 | 901,000 | -21,000 | 531,000 | -5,032,000 | -2,203,000 |
| Employee Costs | 7,083,000 | 6,229,000 | 5,783,000 | 5,388,000 | 5,019,000 | 4,587,000 | 4,020,000 | 4,329,000 | 3,951,000 | 3,864,000 | 3,908,000 | 3,757,000 | 4,061,000 | 5,716,000 | 4,469,000 |
| Number Of Employees | 95 | 88 | 89 | 90 | 84 | 84 | 91 | 88 | 71 | 73 | 74 | 79 | 89 | 98 | 114 |
| EBITDA* | 2,429,000 | 1,217,000 | -1,394,000 | 484,000 | 1,631,000 | 186,000 | -985,000 | 56,000 | 2,785,000 | 3,276,000 | 3,356,000 | 2,384,000 | 1,519,000 | 3,993,000 |
* 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 | 95,000 | 167,000 | 398,000 | 602,000 | 620,000 | 562,000 | 779,000 | 860,000 | 761,000 | 538,000 | 968,000 | 1,562,000 | 2,097,000 | 1,285,000 | 1,741,000 |
| Intangible Assets | 145,000 | 197,000 | 49,000 | 67,000 | 73,000 | 27,000 | 80,000 | 3,465,000 | 3,514,000 | 3,515,000 | 3,437,000 | 4,831,000 | |||
| Investments & Other | 13,000 | 13,000 | 13,000 | 13,000 | |||||||||||
| Debtors (Due After 1 year) | 283,000 | 582,000 | 368,000 | 245,000 | 413,000 | 402,000 | 425,000 | 443,000 | 488,000 | 504,000 | 609,000 | 444,000 | 8,006,000 | 7,688,000 | 12,442,000 |
| Total Fixed Assets | 523,000 | 946,000 | 815,000 | 914,000 | 1,106,000 | 991,000 | 1,284,000 | 4,768,000 | 4,763,000 | 4,557,000 | 5,014,000 | 6,850,000 | 10,116,000 | 8,986,000 | 14,196,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 13,169,000 | 9,330,000 | 6,067,000 | 7,379,000 | 12,072,000 | 9,639,000 | 10,266,000 | 17,635,000 | 15,348,000 | 17,806,000 | 23,446,000 | 28,515,000 | 28,260,000 | 22,821,000 | 26,747,000 |
| Group Debtors | 6,702,000 | 5,485,000 | 4,758,000 | 4,398,000 | 8,566,000 | 8,518,000 | 10,633,000 | 12,670,000 | 13,936,000 | 10,539,000 | 6,623,000 | 5,840,000 | 5,367,000 | 10,532,000 | 10,596,000 |
| Misc Debtors | 3,147,000 | 2,717,000 | 1,798,000 | 3,021,000 | 2,016,000 | 2,178,000 | 4,305,000 | 3,107,000 | 1,576,000 | 1,551,000 | 2,910,000 | 3,008,000 | 4,766,000 | 3,487,000 | 5,230,000 |
| Cash | 26,720,000 | 23,339,000 | 25,262,000 | 22,724,000 | 16,668,000 | 16,821,000 | 9,382,000 | 14,121,000 | 12,169,000 | 19,182,000 | 20,455,000 | 10,092,000 | 18,611,000 | 22,094,000 | 20,924,000 |
| misc current assets | 58,000 | ||||||||||||||
| total current assets | 49,738,000 | 40,871,000 | 37,885,000 | 37,522,000 | 39,322,000 | 37,156,000 | 34,586,000 | 47,533,000 | 43,087,000 | 49,078,000 | 53,434,000 | 47,455,000 | 57,004,000 | 58,934,000 | 63,497,000 |
| total assets | 50,261,000 | 41,817,000 | 38,700,000 | 38,436,000 | 40,428,000 | 38,147,000 | 35,870,000 | 52,301,000 | 47,850,000 | 53,635,000 | 58,448,000 | 54,305,000 | 67,120,000 | 67,920,000 | 77,693,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 25,192,000 | 21,726,000 | 20,288,000 | 17,998,000 | 18,458,000 | 18,858,000 | 22,394,000 | 31,764,000 | 24,172,000 | 30,938,000 | 42,290,000 | 37,328,000 | 51,899,000 | 54,691,000 | 55,248,000 |
| Group/Directors Accounts | 12,814,000 | 9,550,000 | 9,644,000 | 8,191,000 | 11,617,000 | 10,106,000 | 3,575,000 | 8,897,000 | 11,133,000 | 9,647,000 | 2,379,000 | 3,556,000 | 2,250,000 | 221,000 | 3,380,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 98,000 | 95,000 | 110,000 | 83,000 | 67,000 | ||||||||||
| other current liabilities | 7,954,000 | 7,942,000 | 7,057,000 | 8,464,000 | 5,838,000 | 4,672,000 | 5,875,000 | 3,822,000 | 3,131,000 | 3,199,000 | 3,461,000 | 2,371,000 | 1,946,000 | 2,632,000 | 3,841,000 |
| total current liabilities | 46,058,000 | 39,313,000 | 37,099,000 | 34,736,000 | 35,980,000 | 33,636,000 | 31,844,000 | 44,483,000 | 38,436,000 | 43,784,000 | 48,130,000 | 43,255,000 | 56,095,000 | 57,544,000 | 62,469,000 |
| loans | |||||||||||||||
| hp & lease commitments | 54,000 | 111,000 | 54,000 | 222,000 | 270,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 54,000 | 111,000 | 54,000 | 222,000 | 270,000 | ||||||||||
| total liabilities | 46,112,000 | 39,424,000 | 37,153,000 | 34,958,000 | 36,250,000 | 33,636,000 | 31,844,000 | 44,483,000 | 38,436,000 | 43,784,000 | 48,130,000 | 43,255,000 | 56,095,000 | 57,544,000 | 62,469,000 |
| net assets | 4,149,000 | 2,393,000 | 1,547,000 | 3,478,000 | 4,178,000 | 4,511,000 | 4,026,000 | 7,818,000 | 9,414,000 | 9,851,000 | 10,318,000 | 11,050,000 | 11,025,000 | 10,376,000 | 15,224,000 |
| total shareholders funds | 4,149,000 | 2,393,000 | 1,547,000 | 3,478,000 | 4,178,000 | 4,511,000 | 4,026,000 | 7,818,000 | 9,414,000 | 9,851,000 | 10,318,000 | 11,050,000 | 11,025,000 | 10,376,000 | 15,224,000 |
| 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 | 2,200,000 | 971,000 | -1,782,000 | -300,000 | 110,000 | 1,321,000 | -3,577,000 | -1,378,000 | -356,000 | 2,003,000 | 2,454,000 | 2,379,000 | 1,620,000 | 766,000 | 3,486,000 |
| Depreciation | 229,000 | 219,000 | 388,000 | 300,000 | 374,000 | 310,000 | 383,000 | 393,000 | 412,000 | 782,000 | 822,000 | 977,000 | 764,000 | 753,000 | 507,000 |
| Amortisation | 27,000 | 3,380,000 | |||||||||||||
| Tax | -582,000 | -42,000 | 123,000 | -165,000 | 86,000 | -196,000 | 88,000 | 87,000 | 302,000 | -478,000 | -443,000 | -955,000 | -817,000 | -618,000 | -2,199,000 |
| Stock | |||||||||||||||
| Debtors | 5,187,000 | 5,123,000 | -2,052,000 | -8,024,000 | 2,330,000 | -4,892,000 | -8,226,000 | 2,507,000 | 948,000 | -3,188,000 | -4,219,000 | -8,592,000 | 1,871,000 | -10,487,000 | 55,015,000 |
| Creditors | 3,466,000 | 1,438,000 | 2,290,000 | -460,000 | -400,000 | -3,536,000 | -9,370,000 | 7,592,000 | -6,766,000 | -11,352,000 | 4,962,000 | -14,571,000 | -2,792,000 | -557,000 | 55,248,000 |
| Accruals and Deferred Income | 12,000 | 885,000 | -1,407,000 | 2,626,000 | 1,166,000 | -1,203,000 | 2,053,000 | 691,000 | -68,000 | -262,000 | 1,090,000 | 425,000 | -686,000 | -1,209,000 | 3,841,000 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 138,000 | -1,625,000 | 1,664,000 | 10,025,000 | -994,000 | 1,588,000 | 1,183,000 | 4,878,000 | -7,424,000 | -6,119,000 | 13,104,000 | -3,153,000 | -3,782,000 | 9,622,000 | 5,868,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -13,000 | 13,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 3,264,000 | -94,000 | 1,453,000 | -3,426,000 | 1,511,000 | 6,531,000 | -5,322,000 | -2,236,000 | 1,486,000 | 7,268,000 | -1,177,000 | 1,306,000 | 2,029,000 | -3,159,000 | 3,380,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -54,000 | 42,000 | -141,000 | -32,000 | 337,000 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 87,000 | 1,000 | -16,000 | -120,000 | -209,000 | -219,000 | -187,000 | -117,000 | -146,000 | -78,000 | 30,000 | 168,000 | 686,000 | 848,000 | 854,000 |
| cash flow from financing | 3,348,000 | -135,000 | 1,040,000 | -3,693,000 | 1,319,000 | 5,891,000 | -5,625,000 | -2,440,000 | 1,103,000 | 7,090,000 | -2,780,000 | 1,520,000 | 2,833,000 | -2,127,000 | 21,661,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 3,381,000 | -1,923,000 | 2,538,000 | 6,056,000 | -153,000 | 7,439,000 | -4,739,000 | 1,952,000 | -7,013,000 | -1,273,000 | 10,363,000 | -8,519,000 | -3,483,000 | 1,170,000 | 20,924,000 |
| overdraft | |||||||||||||||
| change in cash | 3,381,000 | -1,923,000 | 2,538,000 | 6,056,000 | -153,000 | 7,439,000 | -4,739,000 | 1,952,000 | -7,013,000 | -1,273,000 | 10,363,000 | -8,519,000 | -3,483,000 | 1,170,000 | 20,924,000 |
epay limited Credit Report and Business Information
Epay Limited Competitor Analysis
Perform a competitor analysis for epay limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in CM12 area or any other competitors across 12 key performance metrics.
epay limited Ownership
EPAY LIMITED group structure
Epay Limited has no subsidiary companies.
Ultimate parent company
EURONET WORLDWIDE INC
#0053521
EFT SERVICES HOLDINGS BV
#0091753
2 parents
EPAY LIMITED
03695345
epay limited directors
Epay Limited currently has 3 directors. The longest serving directors include Mr Rick Weller (Apr 2005) and Mr Nigel Stephenson (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rick Weller | United States | 67 years | Apr 2005 | - | Director |
| Mr Nigel Stephenson | 50 years | Nov 2017 | - | Director | |
| Mrs Gabrielle Braham | England | 44 years | Oct 2022 | - | Director |
P&L
December 2023turnover
42.7m
+29%
operating profit
2.2m
+127%
gross margin
14.3%
-6.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.1m
+0.73%
total assets
50.3m
+0.2%
cash
26.7m
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
epay limited company details
company number
03695345
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
63110 - Data processing, hosting and related activities
incorporation date
January 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
e-pay limited (August 2009)
lawgra (no.519) limited (January 1999)
accountant
-
auditor
KPMG LLP
address
kingfisher house, 2 woodbrook crescent, billericay, essex, CM12 0EQ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
epay 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 8 charges/mortgages relating to epay limited. Currently there are 5 open charges and 3 have been satisfied in the past.
epay 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 EPAY LIMITED. This can take several minutes, an email will notify you when this has completed.
epay limited Companies House Filings - See Documents
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