Verizon European Holdings Limited

POWER SEARCH PRICING

SOLUTIONS

verizon european holdings limited Company Information

Live

MatureMegaRapid

Company Number

04489658

Next Accounts

Sep 2025

Industry

Other telecommunications activities

Directors

Dominique Gaillard

Clare Brown

View All

Shareholders

verizon business international holdings b.v.

Group Structure

View All

Contact

Registered Address

reading international business, park basingstoke road, reading, berkshire, RG2 6DA

Website

www.verizon.co.uk

verizon european holdings limited Estimated Valuation

£2.9b

Pomanda estimates the enterprise value of VERIZON EUROPEAN HOLDINGS LIMITED at £2.9b based on Net Assets of £1.1b and 2.53x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Verizon European Holdings Limited is a live company located in reading, RG2 6DA with a Companies House number of 04489658. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in July 2002, it's largest shareholder is verizon business international holdings b.v. with a 100% stake. Verizon European Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £457.4m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Verizon European Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

1 Regular

3 Weak

Size

annual sales of £457.4m, make it larger than the average company (£14.2m)

Growth

3 year (CAGR) sales growth of 627%, show it is growing at a faster rate (4.6%)

EXPORT

Verizon European Holdings Limited's latest turnover from December 2023 is £457.4 million and the company has net assets of £1.1 billion. According to their latest financial statements, we estimate that Verizon European Holdings Limited has 1,917 employees and maintains cash reserves of £288.3 thousand 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	457,403,393	421,639,177	1,257,462	1,190,186	918,218	1,907,580,710	2,060,700,953	2,060,959,705	2,207,592,183	2,125,474,144	2,026,533,697	2,068,078,359	2,250,196,916	1,938,480,401	1,570,763,420
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	456,214,263	420,486,177	793,243	726,824	541,687	1,906,202,035	2,055,811,904	2,059,578,591	2,206,099,702	2,124,046,503	2,025,198,269	2,066,723,964	2,248,744,195	1,937,035,730	1,569,598,329
Gross Profit	1,189,130	1,153,000	464,218	463,362	376,530	1,378,675	4,889,049	1,381,114	1,492,480	1,427,641	1,335,428	1,354,395	1,452,722	1,444,671	1,165,090
Admin Expenses	18,850	38,177,034	13,484,168	4,587,174	-380,468	13,619	14,420	-9,035,681	14,806,473	37,858,538	-31,108,411	-19,540,632	-40,679,299	-48,259,335	691,079,720
Operating Profit	1,170,280	-37,024,034	-13,019,950	-4,123,812	756,998	1,365,056	4,874,629	10,416,795	-13,313,993	-36,430,897	32,443,839	20,895,027	42,132,021	49,704,006	-689,914,630
Interest Payable	72,319,353	34,714,892	6,447,534	11,979,040	20,571,596	27,471,762	16,210,046	7,663,027	5,292,770	3,985,281	2,392,271	3,637,010	7,581,894	4,374,884	20,709,372
Interest Receivable	91,834,747	33,394,596	9,622,997	20,648,306	28,458,156	29,607,466	18,941,760	8,954,936	7,053,210	4,927,706	2,845,118	3,034,200	4,950,770	5,558,238	9,735,290
Pre-Tax Profit	20,685,674	-38,344,329	-9,844,486	4,545,455	8,643,559	442,948,009	4,159,257	14,902,338	-5,609,589	-29,577,309	34,098,749	17,927,212	39,500,898	50,887,361	524,157,966
Tax	-93,465	-76,186	-198,712	-128,361	-69,617	-245,133	-326,043	-1,152,722	-296,206	-82,063	-223,460	0	0	0	0
Profit After Tax	20,592,209	-38,420,515	-10,043,198	4,417,093	8,573,941	442,702,876	3,833,213	13,749,616	-5,905,794	-29,659,372	33,875,289	17,927,212	39,500,898	50,887,361	524,157,966
Dividends Paid	0	0	0	0	0	440,599,215	0	0	0	0	0	0	0	0	614,175,163
Retained Profit	20,592,209	-38,420,515	-10,043,198	4,417,093	8,573,941	2,103,661	3,833,213	13,749,616	-5,905,794	-29,659,372	33,875,289	17,927,212	39,500,898	50,887,361	-90,017,197
Employee Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Number Of Employees	1,917	1,810	6	6	5	8,550	9,700	10,260	10,162	9,208	8,844	9,024	9,720	8,598	0
EBITDA*	1,170,280	-37,024,034	-13,019,950	-4,123,812	756,998	1,365,056	4,874,629	10,416,795	-13,313,993	-36,430,897	32,443,839	20,895,027	42,132,021	49,704,006	-689,914,630

* 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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	56,310	58,827	58,827	0
Investments & Other	787,979,893	781,107,446	820,512,096	863,495,004	783,721,970	856,761,996	856,202,836	821,448,016	805,680,586	701,948,027	670,438,030	637,124,652	636,010,899	594,519,785	518,269,869
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	787,979,893	781,107,446	820,512,096	863,495,004	783,721,970	856,761,996	856,202,836	821,448,016	805,680,586	701,948,027	670,438,030	637,180,961	636,069,726	594,578,612	518,269,869
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group Debtors	1,984,769,085	1,739,806,786	1,809,654,414	1,807,323,909	1,290,077,678	1,728,325,722	1,421,167,187	1,218,537,373	1,048,354,072	848,155,529	671,301,049	594,298,500	565,432,534	542,850,331	455,871,514
Misc Debtors	39,271	39,271	39,271	40,620	36,640	40,054	40,054	0	0	0	0	0	172,766	182,054	1,213,610
Cash	288,250	309,456	2,228,244	1,533,837	1,021,545	2,182,168	1,060,642	292,218	1,586,381	0	0	15,492,858	37,613,475	23,724,070	109,271,588
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,985,096,607	1,740,155,514	1,811,921,929	1,808,898,367	1,291,135,864	1,730,547,945	1,422,267,884	1,218,829,591	1,049,940,453	848,155,530	671,301,049	609,791,358	603,218,775	566,756,456	566,356,713
total assets	2,773,076,500	2,521,262,959	2,632,434,024	2,672,393,371	2,074,857,834	2,587,309,942	2,278,470,720	2,040,277,607	1,855,621,040	1,550,103,556	1,341,739,079	1,246,972,319	1,239,288,501	1,161,335,067	1,084,626,581
Bank overdraft	0	0	0	0	0	0	0	0	0	40,677,348	21,113,745	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	1,624,489,475	1,393,405,592	1,466,168,709	1,455,599,968	1,017,194,782	1,440,599,215	1,133,820,396	944,513,227	782,145,965	588,496,809	455,578,804	415,664,157	389,685,429	341,714,038	322,172,338
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	152,371	14,923	2,356	63,368	110,655	2,403	45,662	697,477	0	74,247	0	136,921	0	9,518,855	9,441,100
total current liabilities	1,624,641,847	1,393,420,515	1,466,171,065	1,455,663,336	1,017,305,437	1,440,601,618	1,133,866,058	945,210,704	782,145,965	629,248,404	476,692,549	415,801,079	389,685,429	351,232,894	331,613,438
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	1,624,641,847	1,393,420,515	1,466,171,065	1,455,663,336	1,017,305,437	1,440,601,618	1,133,866,058	945,210,704	782,145,965	629,248,404	476,692,549	415,801,079	389,685,429	351,232,894	331,613,438
net assets	1,148,434,653	1,127,842,444	1,166,262,959	1,216,730,035	1,057,552,396	1,146,708,323	1,144,604,662	1,095,066,902	1,073,475,074	920,855,152	865,046,530	831,171,241	849,603,071	810,102,174	753,013,143
total shareholders funds	1,148,434,653	1,127,842,444	1,166,262,959	1,216,730,035	1,057,552,396	1,146,708,323	1,144,604,662	1,095,066,902	1,073,475,074	920,855,152	865,046,530	831,171,241	849,603,071	810,102,174	753,013,143

	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	1,170,280	-37,024,034	-13,019,950	-4,123,812	756,998	1,365,056	4,874,629	10,416,795	-13,313,993	-36,430,897	32,443,839	20,895,027	42,132,021	49,704,006	-689,914,630
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-93,465	-76,186	-198,712	-128,361	-69,617	-245,133	-326,043	-1,152,722	-296,206	-82,063	-223,460	0	0	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	244,962,299	-69,847,628	2,329,155	517,250,211	-438,251,458	307,158,536	202,669,868	170,183,301	200,198,543	176,854,480	77,002,549	28,693,200	22,572,915	85,947,261	457,085,124
Creditors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	137,448	12,567	-61,012	-47,287	108,252	-43,259	-651,815	697,477	-74,247	74,247	-136,921	136,921	-9,518,855	77,755	9,441,100
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-243,748,036	32,759,975	-15,608,829	-521,549,671	439,047,091	-306,081,872	-198,773,097	-160,221,751	-213,882,989	-213,293,193	-44,919,091	-7,661,252	10,040,251	-36,165,500	-1,137,558,654
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	56,310	2,518	0	-58,827	0
Change in Investments	6,872,447	-39,404,650	-42,982,908	79,773,034	-73,040,027	559,160	34,754,820	15,767,430	103,732,560	31,509,997	33,313,378	1,113,753	41,491,114	76,249,916	518,269,869
cash flow from investments	-6,872,447	39,404,650	42,982,908	-79,773,034	73,040,027	-559,160	-34,754,820	-15,767,430	-103,732,560	-31,509,997	-33,257,068	-1,111,235	-41,491,114	-76,308,743	-518,269,869
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	231,083,883	-72,763,117	10,568,741	438,405,185	-423,404,433	306,778,819	189,307,169	162,367,261	193,649,157	132,918,005	39,914,646	25,978,728	47,971,391	19,541,700	322,172,338
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	0	0	-40,423,877	154,760,546	-97,729,868	0	45,704,547	7,842,212	158,525,717	85,467,994	0	-36,359,043	0	6,201,669	843,030,340
interest	19,515,394	-1,320,296	3,175,463	8,669,266	7,886,560	2,135,704	2,731,714	1,291,909	1,760,440	942,425	452,847	-602,810	-2,631,124	1,183,354	-10,974,082
cash flow from financing	250,599,277	-74,083,413	-26,679,673	601,834,997	-513,247,741	308,914,523	237,743,430	171,501,382	353,935,314	219,328,424	40,367,493	-10,983,125	45,340,267	26,926,723	1,154,228,596
cash and cash equivalents
cash	-21,206	-1,918,787	694,407	512,292	-1,160,623	1,121,525	768,425	-1,294,163	1,586,381	0	-15,492,858	-22,120,617	13,889,405	-85,547,519	109,271,588
overdraft	0	0	0	0	0	0	0	0	-40,677,348	19,563,603	21,113,745	0	0	0	0
change in cash	-21,206	-1,918,787	694,407	512,292	-1,160,623	1,121,525	768,425	-1,294,163	42,263,729	-19,563,603	-36,606,603	-22,120,617	13,889,405	-85,547,519	109,271,588

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for verizon european holdings limited. Get real-time insights into verizon european holdings limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for verizon european holdings limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in RG2 area or any other competitors across 12 key performance metrics.

VERIZON EUROPEAN HOLDINGS LIMITED group structure

Verizon European Holdings Limited has 2 subsidiary companies.

Ultimate parent company

VERIZON COMMUNICATIONS INC

#0061381

VERIZON BUSINESS INTERNATIONAL HOLDINGS

#0069915

2 parents

VERIZON EUROPEAN HOLDINGS LIMITED

04489658

2 subsidiaries

VERIZON UK LIMITED

02776038

VERIZON FINANCING

05763520

VERIZON EUROPEAN HOLDINGS LIMITED Shareholders

verizon business international holdings b.v.

100%

Verizon European Holdings Limited currently has 3 directors. The longest serving directors include Mr Dominique Gaillard (Aug 2008) and Mrs Clare Brown (Nov 2008).

officer	country	age	start	end	role
Mr Dominique Gaillard		52 years	Aug 2008	-	Director
Mrs Clare Brown	United Kingdom	59 years	Nov 2008	-	Director
Mr Francesco De Maio		56 years	Jul 2012	-	Director

P&L

December 2023

turnover

457.4m

+8%

operating profit

1.2m

-103%

gross margin

0.3%

-4.93%

turnover

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

Balance Sheet

December 2023

net assets

1.1b

+0.02%

total assets

2.8b

+0.1%

cash

288.3k

-0.07%

net assets

Total assets minus all liabilities

Similar Companies

talktalk telecom group plc

vodafone group services limited

virgin media limited

talktalk communications limited

talktalk telecom limited

company number

04489658

Type

Private limited with Share Capital

industry

61900 - Other telecommunications activities

incorporation date

July 2002

ultimate parent company

VERIZON COMMUNICATIONS INC

previous names

mci european holdings limited (March 2006)

worldcom european holdings limited (August 2003)

address

reading international business, park basingstoke road, reading, berkshire, RG2 6DA

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 did not find charges/mortgages relating to verizon european holdings limited.

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 VERIZON EUROPEAN HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.

verizon european holdings limited Company Information

verizon european holdings limited Estimated Valuation

verizon european holdings limited Estimated Valuation

verizon european holdings limited Estimated Valuation

Verizon European Holdings Limited Overview

Verizon European Holdings Limited Health Check

VERIZON EUROPEAN HOLDINGS LIMITED financials

verizon european holdings limited Credit Report and Business Information

Verizon European Holdings Limited Competitor Analysis

verizon european holdings limited Ownership

verizon european holdings limited directors

verizon european holdings limited company details

verizon european holdings limited Charges & Mortgages

verizon european holdings limited Capital Raised & Share Issues BETA

verizon european holdings limited Companies House Filings - See Documents