ebix europe limited

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ebix europe limited Company Information

Share EBIX EUROPE LIMITED

Company Number

03909745

Directors

Sunil Dhameja

Peter Smyth

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Shareholders

ebix singapore pte ltd

Group Structure

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Industry

Other information technology and computer service activities

 

Registered Address

walsingham house, 35 seething lane, london, EC3N 4AH

ebix europe limited Estimated Valuation

£16.4m

Pomanda estimates the enterprise value of EBIX EUROPE LIMITED at £16.4m based on a Turnover of £12.9m and 1.27x industry multiple (adjusted for size and gross margin).

ebix europe limited Estimated Valuation

£12.5m

Pomanda estimates the enterprise value of EBIX EUROPE LIMITED at £12.5m based on an EBITDA of £1.5m and a 8.18x industry multiple (adjusted for size and gross margin).

ebix europe limited Estimated Valuation

£46.9m

Pomanda estimates the enterprise value of EBIX EUROPE LIMITED at £46.9m based on Net Assets of £21.6m and 2.17x industry multiple (adjusted for liquidity).

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Ebix Europe Limited Overview

Ebix Europe Limited is a live company located in london, EC3N 4AH with a Companies House number of 03909745. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2000, it's largest shareholder is ebix singapore pte ltd with a 100% stake. Ebix Europe Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.9m with healthy growth in recent years.

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Ebix Europe Limited Health Check

Pomanda's financial health check has awarded Ebix Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £12.9m, make it larger than the average company (£7.4m)

£12.9m - Ebix Europe Limited

£7.4m - Industry AVG

growth

Growth

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

8% - Ebix Europe Limited

8% - Industry AVG

production

Production

with a gross margin of 87%, this company has a lower cost of product (51.3%)

87% - Ebix Europe Limited

51.3% - Industry AVG

profitability

Profitability

an operating margin of 10.3% make it more profitable than the average company (3.5%)

10.3% - Ebix Europe Limited

3.5% - Industry AVG

employees

Employees

with 46 employees, this is similar to the industry average (44)

46 - Ebix Europe Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £87.5k, the company has an equivalent pay structure (£74.4k)

£87.5k - Ebix Europe Limited

£74.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £280.5k, this is more efficient (£178.8k)

£280.5k - Ebix Europe Limited

£178.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 633 days, this is later than average (52 days)

633 days - Ebix Europe Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 178 days, this is slower than average (33 days)

178 days - Ebix Europe Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ebix Europe Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)

5 weeks - Ebix Europe Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.5%, this is a lower level of debt than the average (64.2%)

18.5% - Ebix Europe Limited

64.2% - Industry AVG

EBIX EUROPE LIMITED financials

EXPORTms excel logo

Ebix Europe Limited's latest turnover from December 2023 is £12.9 million and the company has net assets of £21.6 million. According to their latest financial statements, Ebix Europe Limited has 46 employees and maintains cash reserves of £408.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover12,902,55912,913,55411,897,05010,243,59211,503,25711,533,26513,246,43612,685,0005,527,0003,110,0002,968,0001,640,0001,275,0001,655,2682,239,454
Other Income Or Grants
Cost Of Sales1,680,1181,345,802859,7931,000,295513,166665,316529,974622,000428,000216,0001,0002,0003,0009,876183,937
Gross Profit11,222,44111,567,75211,037,2579,243,29710,990,09110,867,94912,716,46212,063,0005,099,0002,894,0002,967,0001,638,0001,272,0001,645,3922,055,517
Admin Expenses9,899,6878,158,2379,764,4978,984,46810,408,5529,848,82910,838,8979,873,0002,584,0002,250,0002,964,0008,666,0007,051,0004,752,0955,407,098
Operating Profit1,322,7543,409,5151,272,760258,829581,5391,019,1201,877,5652,190,0002,515,000644,0003,000-7,028,000-5,779,000-3,106,703-3,351,581
Interest Payable40,18845,05332,21015,758783,85635,000139,000139,0001,281,3881,846,792
Interest Receivable33,115313,532286,693304,641494,9881,321,057634,8595,0001,2016,968
Pre-Tax Profit1,315,6813,677,9941,527,243563,4701,060,7691,556,3212,512,4242,195,0002,516,000644,000-32,000-7,167,000-5,918,000-4,386,890-5,191,405
Tax-19,48019,233-190,953-201,683-361,868-385,0082,944,164-1,000379,004150,359
Profit After Tax1,296,2013,697,2271,336,290361,787698,9011,171,3135,456,5882,194,0002,516,000644,000-32,000-7,167,000-5,918,000-4,007,886-5,041,046
Dividends Paid
Retained Profit1,296,2013,697,2271,336,290361,787698,9011,171,3135,456,5882,194,0002,516,000644,000-32,000-7,167,000-5,918,000-4,007,886-5,041,046
Employee Costs4,026,1323,724,8263,366,1363,287,0803,324,1702,763,4522,864,3312,607,000913,0001,111,0001,505,0004,047,0003,260,0003,101,0723,608,541
Number Of Employees464846464338373330161557423552
EBITDA*1,524,8323,600,0171,467,209987,7611,280,3661,458,7602,312,6142,618,0002,576,000740,000175,000-6,864,000-5,779,000-3,046,067-3,246,153

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,377,6364,830,4525,624,7023,142,5795,818,5642,546,836175,422232,000276,000330,000452,000611,000708,00030,576102,823
Intangible Assets949,659373,279746,5571,119,8351,493,0001,866,000680,000
Investments & Other1,351,2341,351,2341,351,2341,351,2341,351,23455
Debtors (Due After 1 year)740,5521,063,4031,386,2541,709,1052,031,95693,906
Total Fixed Assets3,327,2953,767,0494,238,4483,142,5794,159,8873,293,3931,295,2571,725,0002,142,000330,000452,0001,291,000708,00030,581196,734
Stock & work in progress
Trade Debtors22,376,344922,109369,163457,049627,322802,595758,1161,068,0001,182,0001,106,000657,000185,00077,00099,29376,916
Group Debtors17,345,99914,546,39212,032,42312,156,10544,505,9127,794,8115,630,000100,000
Misc Debtors425,581356,577923,969752,8791,076,6263,974,223701,0001,642,000929,000589,000677,000632,000316,932329,428
Cash408,7331,523,330341,576659,575626,5202,517,1221,430,5239,740,0001,612,000729,000316,000337,000382,000402,298736,627
misc current assets200,606
total current assets23,218,97720,647,99815,797,54414,073,01614,162,82649,102,86113,957,67317,139,0004,436,0002,864,0001,562,0001,199,0001,091,000818,5231,142,971
total assets26,546,27224,415,04720,035,99217,215,59518,322,71352,396,25415,252,93018,864,0006,578,0003,194,0002,014,0002,490,0001,799,000849,1041,339,705
Bank overdraft
Bank loan
Trade Creditors 820,939729,234373,183307,763296,231740,2912,146,952772,000159,000195,000360,000487,000278,000134,234155,896
Group/Directors Accounts1,251,23435,873,9098,168,0002,176,258
other short term finances505,048
hp & lease commitments163,041156,421104,0541,368287,499
other current liabilities3,071,2532,176,5091,740,1691,598,2831,539,9211,536,35331,59010,474,0003,083,0002,179,0001,478,00017,392,0001,575,000871,822729,019
total current liabilities4,055,2333,062,1642,217,4061,907,4143,374,88538,150,5532,178,54211,246,0003,242,0002,374,0001,838,00017,879,00010,021,0003,182,3141,389,963
loans1,709,8642,025,9542,351,8143,5846,4529,699,646
hp & lease commitments854,9321,012,9771,175,9071,7923,226
Accruals and Deferred Income
other liabilities29,00029,000
provisions
total long term liabilities854,9321,012,9771,175,9071,7923,22629,00029,0009,699,646
total liabilities4,910,1654,075,1413,393,3131,909,2063,378,11138,150,5532,178,54211,246,0003,242,0002,374,0001,838,00017,908,00010,050,0003,182,31411,089,609
net assets21,636,10720,339,90616,642,67915,306,38914,944,60214,245,70113,074,3887,618,0003,336,000820,000176,000-15,418,000-8,251,000-2,333,210-9,749,904
total shareholders funds21,636,10720,339,90616,642,67915,306,38914,944,60214,245,70113,074,3887,618,0003,336,000820,000176,000-15,418,000-8,251,000-2,333,210-9,749,904
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,322,7543,409,5151,272,760258,829581,5391,019,1201,877,5652,190,0002,515,000644,0003,000-7,028,000-5,779,000-3,106,703-3,351,581
Depreciation202,078190,502194,449355,653325,54966,36261,77155,00061,00096,000172,000164,00060,636105,428
Amortisation373,279373,278373,278373,278373,000
Tax-19,48019,233-190,953-201,683-361,868-385,0082,944,164-1,000379,004150,359
Stock
Debtors3,359,8043,098,7061,535,840-445,716-30,816,87133,857,9835,128,1504,575,000689,000889,000384,000153,000292,775-84,025500,250
Creditors91,705356,05165,42011,532-444,060-1,406,6611,374,952613,000-36,000-165,000-127,000209,000143,766-21,662155,896
Accruals and Deferred Income894,744436,340141,88658,3623,5681,504,763-10,442,4107,391,000904,000701,000-15,914,00015,817,000703,178142,803729,019
Deferred Taxes & Provisions
Cash flow from operations-868,0031,312,935-52,2781,301,68831,294,877-32,686,129-8,938,8306,046,0002,755,000387,000-16,250,0009,009,000-5,224,831-2,461,897-2,711,129
Investing Activities
capital expenditure1,301,079603,748-2,676,5722,320,332-3,597,277-2,437,776-5,306-11,000-1,873,00026,000667,000-747,000-677,424-380-24,572
Change in Investments1,351,234-55
cash flow from investments1,301,079603,748-2,676,5722,320,332-4,948,511-2,437,776-5,306-11,000-1,873,00026,000667,000-747,000-677,419-380-24,577
Financing Activities
Bank loans
Group/Directors Accounts-1,251,234-34,622,67535,873,909-8,168,0005,991,7422,176,258
Other Short Term Loans -505,048505,048
Long term loans-316,090-325,8602,348,230-2,8686,452-9,699,6469,699,646
Hire Purchase and Lease Commitments-151,425-110,5631,276,801-287,565290,725
other long term liabilities-29,00029,000
share issue-2002,088,00015,626,00021011,424,580-4,708,858
interest-7,073268,479254,483304,641479,230537,201634,8595,000-35,000-139,000-139,000-1,280,187-1,839,824
cash flow from financing-474,588-167,9443,879,514-1,237,026-33,846,26836,411,110634,6592,093,00015,562,000-8,307,0005,881,9522,115,9573,656,012
cash and cash equivalents
cash-1,114,5971,181,754-317,99933,055-1,890,6021,086,599-8,309,4778,128,000883,000413,000-21,000-45,000-20,298-334,329736,627
overdraft
change in cash-1,114,5971,181,754-317,99933,055-1,890,6021,086,599-8,309,4778,128,000883,000413,000-21,000-45,000-20,298-334,329736,627

ebix europe limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ebix Europe Limited Competitor Analysis

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Perform a competitor analysis for ebix europe limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC3N area or any other competitors across 12 key performance metrics.

ebix europe limited Ownership

EBIX EUROPE LIMITED group structure

Ebix Europe Limited has no subsidiary companies.

Ultimate parent company

EBIX INC

#0080711

EBIX SINGAPORE PTE LTD

#0080710

2 parents

EBIX EUROPE LIMITED

03909745

EBIX EUROPE LIMITED Shareholders

ebix singapore pte ltd 100%

ebix europe limited directors

Ebix Europe Limited currently has 4 directors. The longest serving directors include Mr Sunil Dhameja (Nov 2024) and Mr Peter Smyth (Nov 2024).

officercountryagestartendrole
Mr Sunil DhamejaEngland51 years Nov 2024- Director
Mr Peter SmythEngland63 years Nov 2024- Director
Mr Karan BaggaEngland52 years Nov 2024- Director
Mrs Clare GirlingEngland52 years Nov 2024- Director

P&L

December 2023

turnover

12.9m

0%

operating profit

1.3m

-61%

gross margin

87%

-2.9%

turnover

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

Balance Sheet

December 2023

net assets

21.6m

+0.06%

total assets

26.5m

+0.09%

cash

408.7k

-0.73%

net assets

Total assets minus all liabilities

ebix europe limited company details

company number

03909745

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

January 2000

age

25

incorporated

UK

ultimate parent company

EBIX INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

ebix uk limited (September 2014)

qatarlyst limited (May 2013)

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accountant

-

auditor

GRAVITA AUDIT II LIMITED

address

walsingham house, 35 seething lane, london, EC3N 4AH

Bank

-

Legal Advisor

-

ebix 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 5 charges/mortgages relating to ebix europe limited. Currently there are 1 open charges and 4 have been satisfied in the past.

ebix 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.

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ebix europe limited Companies House Filings - See Documents

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