
Company Number
05653596
Next Accounts
Jan 2026
Shareholders
fmp global bidco limited
Group Structure
View All
Industry
Bookkeeping activities
Registered Address
4th floor, heathrow approach, 470 london road, slough, SL3 8QY
Website
http://fmpglobal.comPomanda estimates the enterprise value of EUROWAGE LIMITED at £15.5m based on a Turnover of £18.1m and 0.85x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EUROWAGE LIMITED at £29.9m based on an EBITDA of £7m and a 4.29x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EUROWAGE LIMITED at £53.1m based on Net Assets of £19.3m and 2.75x industry multiple (adjusted for liquidity).
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Eurowage Limited is a live company located in slough, SL3 8QY with a Companies House number of 05653596. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in December 2005, it's largest shareholder is fmp global bidco limited with a 100% stake. Eurowage Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.1m with healthy growth in recent years.
Pomanda's financial health check has awarded Eurowage Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
0 Weak
Size
annual sales of £18.1m, make it larger than the average company (£79.9k)
£18.1m - Eurowage Limited
£79.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.1%)
15% - Eurowage Limited
6.1% - Industry AVG
Production
with a gross margin of 80.4%, this company has a comparable cost of product (68.1%)
80.4% - Eurowage Limited
68.1% - Industry AVG
Profitability
an operating margin of 38.5% make it more profitable than the average company (7.8%)
38.5% - Eurowage Limited
7.8% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Eurowage Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Eurowage Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £9m, this is more efficient (£52.4k)
£9m - Eurowage Limited
£52.4k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (61 days)
61 days - Eurowage Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is slower than average (11 days)
16 days - Eurowage Limited
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eurowage Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (24 weeks)
39 weeks - Eurowage Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.4%, this is a lower level of debt than the average (75.1%)
37.4% - Eurowage Limited
75.1% - Industry AVG
Eurowage Limited's latest turnover from April 2024 is £18.1 million and the company has net assets of £19.3 million. According to their latest financial statements, Eurowage Limited has 2 employees and maintains cash reserves of £8.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 18,097,000 | 15,524,000 | 13,721,000 | 12,023,000 | 15,970,000 | 9,690,000 | 7,354,000 | 6,241,000 | 4,851,000 | 5,795,132 | 3,903,726 | ||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 3,549,000 | 4,679,000 | 4,077,000 | 3,622,000 | 4,159,000 | 2,766,000 | 2,423,000 | 2,089,000 | 1,541,000 | 1,521,565 | 1,315,927 | ||||
Gross Profit | 14,548,000 | 10,845,000 | 9,644,000 | 8,401,000 | 11,811,000 | 6,924,000 | 4,931,000 | 4,152,000 | 3,310,000 | 4,273,567 | 2,587,799 | ||||
Admin Expenses | 7,589,000 | 9,632,000 | 5,702,000 | 4,555,000 | 4,190,000 | 2,471,000 | 2,328,000 | 2,271,000 | 1,827,000 | 1,669,211 | 880,331 | ||||
Operating Profit | 6,959,000 | 1,213,000 | 3,942,000 | 3,846,000 | 7,621,000 | 4,453,000 | 2,603,000 | 1,881,000 | 1,483,000 | 2,604,356 | 1,707,468 | ||||
Interest Payable | 2,335,000 | 14,000 | 1,000 | ||||||||||||
Interest Receivable | 1,623,000 | 3,200,000 | 921,000 | 1,000 | 536,000 | 52,000 | 20,000 | 40,000 | 59,000 | 84,065 | 74,230 | ||||
Pre-Tax Profit | 8,582,000 | 2,078,000 | 4,863,000 | 3,847,000 | 8,143,000 | 4,505,000 | 2,623,000 | 1,920,000 | 1,542,000 | 2,688,421 | 1,781,698 | ||||
Tax | -10,000 | -20,000 | 467,000 | -695,000 | -856,000 | -447,000 | -388,000 | -315,000 | -579,000 | -415,822 | |||||
Profit After Tax | 8,572,000 | 2,058,000 | 5,330,000 | 3,847,000 | 7,448,000 | 3,649,000 | 2,176,000 | 1,532,000 | 1,227,000 | 2,109,421 | 1,365,876 | ||||
Dividends Paid | 13,297,000 | 413,276 | |||||||||||||
Retained Profit | 8,572,000 | 2,058,000 | 5,330,000 | -9,450,000 | 7,448,000 | 3,649,000 | 2,176,000 | 1,532,000 | 1,227,000 | 1,696,145 | 1,365,876 | ||||
Employee Costs | 2,725,000 | 1,710,000 | 1,375,000 | 1,381,000 | 1,422,000 | 994,406 | 631,678 | ||||||||
Number Of Employees | 2 | 4 | 44 | 38 | 36 | 31 | 26 | 27 | 24 | ||||||
EBITDA* | 6,959,000 | 1,213,000 | 3,942,000 | 3,846,000 | 7,647,000 | 4,475,000 | 2,620,000 | 1,893,000 | 1,507,000 | 2,608,572 | 1,707,529 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 582,000 | 101,000 | 69,000 | 67,000 | 46,000 | 61,210 | 184 | 245 | 326 | 434 | 578 | ||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 582,000 | 101,000 | 69,000 | 67,000 | 46,000 | 61,210 | 184 | 245 | 326 | 434 | 578 | ||||
Stock & work in progress | |||||||||||||||
Trade Debtors | 3,034,000 | 3,335,000 | 2,034,000 | 1,371,000 | 601,000 | 675,000 | 986,000 | 844,000 | 499,000 | 887,535 | 432,992 | 500,905 | 343,396 | 154,010 | |
Group Debtors | 18,191,000 | 47,307,000 | 36,004,000 | 35,289,000 | 21,240,000 | 5,412,000 | 2,426,000 | 4,563,000 | 2,900,018 | ||||||
Misc Debtors | 879,000 | 708,000 | 703,000 | 350,000 | 1,118,000 | 752,000 | 121,000 | 69,000 | 682,000 | 1,233,944 | 631,488 | ||||
Cash | 8,720,000 | 8,996,000 | 1,788,000 | 2,236,000 | 1,304,000 | 4,434,000 | 774,000 | 678,000 | 769,000 | 725,578 | 3,003,869 | 4,370,631 | 2,597,088 | 568,779 | 520,052 |
misc current assets | 352,000 | ||||||||||||||
total current assets | 30,824,000 | 60,346,000 | 40,529,000 | 39,246,000 | 24,615,000 | 11,273,000 | 4,307,000 | 1,591,000 | 6,513,000 | 5,747,075 | 4,068,349 | 4,871,536 | 2,940,484 | 722,789 | 520,052 |
total assets | 30,824,000 | 60,346,000 | 40,529,000 | 39,246,000 | 25,197,000 | 11,374,000 | 4,376,000 | 1,658,000 | 6,559,000 | 5,808,285 | 4,068,533 | 4,871,781 | 2,940,810 | 723,223 | 520,630 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 156,000 | 19,000 | 37,000 | 35,911,000 | 362,000 | 351,000 | 383,000 | 323,000 | 114,000 | 211,979 | 174,362 | 3,068,653 | 2,030,290 | 280,223 | 145,635 |
Group/Directors Accounts | 4,153,000 | 1,613,000 | 1,413,000 | ||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 53,000 | ||||||||||||||
other current liabilities | 11,383,000 | 49,614,000 | 31,837,000 | 11,856,000 | 1,590,000 | 754,000 | 470,000 | 356,000 | 730,447 | 736,475 | |||||
total current liabilities | 11,539,000 | 49,633,000 | 31,874,000 | 35,911,000 | 12,271,000 | 6,094,000 | 2,750,000 | 2,206,000 | 470,000 | 942,426 | 910,837 | 3,068,653 | 2,030,290 | 280,223 | 145,635 |
loans | 240,000 | ||||||||||||||
hp & lease commitments | 120,000 | ||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 10,000 | 31,000 | |||||||||||||
provisions | 31,000 | 26,000 | 28,000 | 9,000 | 12,000 | ||||||||||
total long term liabilities | 10,000 | 151,000 | 31,000 | 26,000 | 28,000 | 9,000 | 12,000 | ||||||||
total liabilities | 11,539,000 | 49,633,000 | 31,874,000 | 35,921,000 | 12,422,000 | 6,125,000 | 2,776,000 | 2,234,000 | 479,000 | 954,426 | 910,837 | 3,068,653 | 2,030,290 | 280,223 | 145,635 |
net assets | 19,285,000 | 10,713,000 | 8,655,000 | 3,325,000 | 12,775,000 | 5,249,000 | 1,600,000 | -576,000 | 6,080,000 | 4,853,859 | 3,157,696 | 1,803,128 | 910,520 | 443,000 | 374,995 |
total shareholders funds | 19,285,000 | 10,713,000 | 8,655,000 | 3,325,000 | 12,775,000 | 5,249,000 | 1,600,000 | -576,000 | 6,080,000 | 4,853,859 | 3,157,696 | 1,803,128 | 910,520 | 443,000 | 374,995 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 6,959,000 | 1,213,000 | 3,942,000 | 3,846,000 | 7,621,000 | 4,453,000 | 2,603,000 | 1,881,000 | 1,483,000 | 2,604,356 | 1,707,468 | ||||
Depreciation | 26,000 | 22,000 | 17,000 | 12,000 | 24,000 | 4,216 | 61 | 81 | 108 | 144 | 192 | ||||
Amortisation | |||||||||||||||
Tax | -10,000 | -20,000 | 467,000 | -695,000 | -856,000 | -447,000 | -388,000 | -315,000 | -579,000 | -415,822 | |||||
Stock | |||||||||||||||
Debtors | -29,246,000 | 12,609,000 | 1,731,000 | 14,051,000 | 22,959,000 | 3,306,000 | 2,620,000 | -4,831,000 | 722,503 | 3,957,017 | 563,575 | 157,509 | 189,386 | 154,010 | |
Creditors | 137,000 | -18,000 | -35,874,000 | 35,549,000 | 362,000 | -32,000 | 60,000 | 209,000 | -97,979 | 37,617 | -2,894,291 | 1,038,363 | 1,750,067 | 134,588 | 145,635 |
Accruals and Deferred Income | -38,231,000 | 17,777,000 | 31,837,000 | -11,856,000 | 11,856,000 | 836,000 | 284,000 | 114,000 | -374,447 | -6,028 | 736,475 | ||||
Deferred Taxes & Provisions | 5,000 | -2,000 | 19,000 | -3,000 | 12,000 | ||||||||||
Cash flow from operations | -1,899,000 | 6,343,000 | -1,359,000 | 13,488,000 | -3,789,000 | 1,122,000 | -105,000 | 6,678,000 | -5,929 | -1,883,856 | -1,429,684 | ||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 2,540,000 | 200,000 | 1,413,000 | ||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -240,000 | 240,000 | |||||||||||||
Hire Purchase and Lease Commitments | -173,000 | 173,000 | |||||||||||||
other long term liabilities | -10,000 | -21,000 | 31,000 | ||||||||||||
share issue | |||||||||||||||
interest | 1,623,000 | 865,000 | 921,000 | 1,000 | 522,000 | 52,000 | 20,000 | 39,000 | 59,000 | 84,065 | 74,230 | ||||
cash flow from financing | 1,623,000 | 865,000 | 911,000 | -433,000 | 6,293,000 | 2,592,000 | 220,000 | -6,736,000 | 58,141 | 84,083 | 62,922 | ||||
cash and cash equivalents | |||||||||||||||
cash | -276,000 | 7,208,000 | -448,000 | 932,000 | 1,304,000 | 3,660,000 | 96,000 | -91,000 | 43,422 | -2,278,291 | -1,366,762 | 1,773,543 | 2,028,309 | 48,727 | 520,052 |
overdraft | |||||||||||||||
change in cash | -276,000 | 7,208,000 | -448,000 | 932,000 | 1,304,000 | 3,660,000 | 96,000 | -91,000 | 43,422 | -2,278,291 | -1,366,762 | 1,773,543 | 2,028,309 | 48,727 | 520,052 |
Perform a competitor analysis for eurowage limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in SL3 area or any other competitors across 12 key performance metrics.
EUROWAGE LIMITED group structure
Eurowage Limited has no subsidiary companies.
Ultimate parent company
LUXTOPCO 1 SARL
#0150700
2 parents
EUROWAGE LIMITED
05653596
Eurowage Limited currently has 3 directors. The longest serving directors include Mr Michael Cox (Sep 2019) and Mr Michael Cox (Sep 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Cox | United Kingdom | 42 years | Sep 2019 | - | Director |
Mr Michael Cox | United Kingdom | 42 years | Sep 2019 | - | Director |
Mr David Lockie | United Kingdom | 51 years | Nov 2020 | - | Director |
P&L
April 2024turnover
18.1m
+17%
operating profit
7m
+474%
gross margin
80.4%
+15.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
19.3m
+0.8%
total assets
30.8m
-0.49%
cash
8.7m
-0.03%
net assets
Total assets minus all liabilities
company number
05653596
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
December 2005
age
20
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
4th floor, heathrow approach, 470 london road, slough, SL3 8QY
Bank
-
Legal Advisor
-
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 2 charges/mortgages relating to eurowage limited. Currently there are 0 open charges and 2 have been satisfied in the past.
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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