
Company Number
05882719
Next Accounts
Sep 2025
Directors
Shareholders
iron mountain luxembourgh s.a.r.l.
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
ground floor, 4 more london riverside, london, SE1 2AU
Website
www.ironmountain.co.ukPomanda estimates the enterprise value of IRON MOUNTAIN EUROPE (GROUP) LIMITED at £66.1m based on a Turnover of £35m and 1.89x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of IRON MOUNTAIN EUROPE (GROUP) LIMITED at £0 based on an EBITDA of £-25.7m and a 7.96x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of IRON MOUNTAIN EUROPE (GROUP) LIMITED at £2b based on Net Assets of £1.6b and 1.27x industry multiple (adjusted for liquidity).
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Iron Mountain Europe (group) Limited is a live company located in london, SE1 2AU with a Companies House number of 05882719. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2006, it's largest shareholder is iron mountain luxembourgh s.a.r.l. with a 100% stake. Iron Mountain Europe (group) Limited is a established, large sized company, Pomanda has estimated its turnover at £35m with unknown growth in recent years.
Pomanda's financial health check has awarded Iron Mountain Europe (Group) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 1 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
1 Weak
Size
annual sales of £35m, make it larger than the average company (£18.9m)
£35m - Iron Mountain Europe (group) Limited
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Iron Mountain Europe (group) Limited
- - Industry AVG
Production
with a gross margin of 36.4%, this company has a comparable cost of product (36.4%)
36.4% - Iron Mountain Europe (group) Limited
36.4% - Industry AVG
Profitability
an operating margin of -73.5% make it less profitable than the average company (4.5%)
-73.5% - Iron Mountain Europe (group) Limited
4.5% - Industry AVG
Employees
with 184 employees, this is above the industry average (104)
- Iron Mountain Europe (group) Limited
104 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Iron Mountain Europe (group) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £190.2k, this is equally as efficient (£190.6k)
- Iron Mountain Europe (group) Limited
£190.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Iron Mountain Europe (group) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Iron Mountain Europe (group) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iron Mountain Europe (group) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (14 weeks)
13 weeks - Iron Mountain Europe (group) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.3%, this is a lower level of debt than the average (69.7%)
18.3% - Iron Mountain Europe (group) Limited
69.7% - Industry AVG
Iron Mountain Europe (Group) Limited's latest turnover from December 2023 is £35 million and the company has net assets of £1.6 billion. According to their latest financial statements, we estimate that Iron Mountain Europe (Group) Limited has 184 employees and maintains cash reserves of £90.6 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 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 35,000,000 | 56,000,000 | 326,618,000 | ||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 194,774,000 | ||||||||||||||
Gross Profit | 131,844,000 | ||||||||||||||
Admin Expenses | -299,891 | 126,366,000 | |||||||||||||
Operating Profit | -25,713,621 | 44,894,129 | -10,193,963 | 9,244,000 | -4,084,000 | -216,490,000 | 331,065,000 | -12,297,000 | 299,891 | 5,478,000 | |||||
Interest Payable | 7,272,179 | 138,809 | 36,475,000 | ||||||||||||
Interest Receivable | 3,610,318 | 138,809 | 558,000 | ||||||||||||
Pre-Tax Profit | -25,713,621 | 44,894,129 | -10,193,963 | 9,244,000 | -4,084,000 | -216,490,000 | 331,065,000 | -17,660,000 | -7,797,879 | -7,272,179 | 161,082 | -16,924,000 | |||
Tax | 49,152 | 16,000 | -2,000 | 141,000 | 1,973,000 | ||||||||||
Profit After Tax | -25,713,621 | 44,894,129 | -10,144,811 | 9,260,000 | -4,084,000 | -216,492,000 | 331,206,000 | -17,660,000 | -7,797,879 | -7,272,179 | 161,082 | -14,951,000 | |||
Dividends Paid | |||||||||||||||
Retained Profit | -25,713,621 | 44,894,129 | -10,144,811 | 9,260,000 | -4,084,000 | -216,492,000 | 331,206,000 | -17,660,000 | -7,797,879 | -7,272,179 | 161,082 | -14,960,000 | |||
Employee Costs | 134,291,000 | ||||||||||||||
Number Of Employees | 4,340 | ||||||||||||||
EBITDA* | -25,713,621 | 44,894,129 | -10,193,963 | 9,244,000 | -4,084,000 | -216,490,000 | 331,065,000 | -12,297,000 | 299,891 | 55,829,000 |
* 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 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 254,667,000 | ||||||||||||||
Intangible Assets | 341,063,000 | ||||||||||||||
Investments & Other | 1,856,225,205 | 1,906,480,467 | 1,906,480,467 | 1,906,481,000 | 1,885,240,000 | 1,837,885,000 | 1,066,328,000 | 906,008,000 | 742,962,075 | 742,962,075 | 742,962,075 | 672,496,000 | 672,496,000 | 4,480,000 | |
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,856,225,205 | 1,906,480,467 | 1,906,480,467 | 1,906,481,000 | 1,885,240,000 | 1,837,885,000 | 1,066,328,000 | 906,008,000 | 742,962,075 | 742,962,075 | 742,962,075 | 672,496,000 | 672,496,000 | 600,210,000 | |
Stock & work in progress | 627,000 | ||||||||||||||
Trade Debtors | 58,559,000 | ||||||||||||||
Group Debtors | 7,174,000 | 5,907,000 | 10,000 | 10,000 | 10,000 | ||||||||||
Misc Debtors | 204,799 | 204,799 | 204,799 | 155,000 | 139,000 | 139,000 | 141,000 | 20,165,000 | |||||||
Cash | 90,590,530 | 55,550,148 | 2,136 | 2,000 | 1,239,000 | 62,000 | 4,000 | 172 | 7,724,000 | ||||||
misc current assets | |||||||||||||||
total current assets | 90,795,329 | 55,754,947 | 206,935 | 7,331,000 | 7,285,000 | 139,000 | 203,000 | 4,000 | 172 | 10,000 | 10,000 | 10,000 | 87,075,000 | ||
total assets | 1,947,020,534 | 1,962,235,414 | 1,906,687,402 | 1,913,812,000 | 1,892,525,000 | 1,838,024,000 | 1,066,531,000 | 906,012,000 | 742,962,247 | 742,962,075 | 742,972,075 | 672,506,000 | 672,506,000 | 687,285,000 | |
Bank overdraft | 2,929,000 | ||||||||||||||
Bank loan | 275,000 | ||||||||||||||
Trade Creditors | 15,637,000 | ||||||||||||||
Group/Directors Accounts | 355,902,177 | 345,403,436 | 334,749,553 | 331,729,000 | 378,446,000 | 361,317,000 | 350,077,000 | 220,168,000 | 215,680,524 | 203,806,449 | 261,112,032 | 422,928,000 | 422,928,000 | ||
other short term finances | |||||||||||||||
hp & lease commitments | 442,000 | ||||||||||||||
other current liabilities | 50,742,000 | ||||||||||||||
total current liabilities | 355,902,177 | 345,403,436 | 334,749,553 | 331,729,000 | 378,446,000 | 364,246,000 | 350,077,000 | 220,168,000 | 215,680,524 | 203,806,449 | 261,112,032 | 422,928,000 | 422,928,000 | 67,096,000 | |
loans | 300,596,000 | 287,419,738 | 291,495,762 | 226,928,000 | 421,736,000 | ||||||||||
hp & lease commitments | 4,236,000 | ||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 13,334,000 | ||||||||||||||
provisions | 10,474,000 | ||||||||||||||
total long term liabilities | 300,596,000 | 287,419,738 | 291,495,762 | 226,928,000 | 449,780,000 | ||||||||||
total liabilities | 355,902,177 | 345,403,436 | 334,749,553 | 331,729,000 | 378,446,000 | 364,246,000 | 350,077,000 | 520,764,000 | 503,100,262 | 495,302,211 | 488,040,032 | 422,928,000 | 422,928,000 | 516,876,000 | |
net assets | 1,591,118,357 | 1,616,831,978 | 1,571,937,849 | 1,582,083,000 | 1,514,079,000 | 1,473,778,000 | 716,454,000 | 385,248,000 | 239,861,985 | 247,659,864 | 254,932,043 | 249,578,000 | 249,578,000 | 170,356,000 | |
total shareholders funds | 1,591,118,357 | 1,616,831,978 | 1,571,937,849 | 1,582,083,000 | 1,514,079,000 | 1,473,778,000 | 716,454,000 | 385,248,000 | 239,861,985 | 247,659,864 | 254,932,043 | 249,578,000 | 249,578,000 | 170,356,000 |
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 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -25,713,621 | 44,894,129 | -10,193,963 | 9,244,000 | -4,084,000 | -216,490,000 | 331,065,000 | -12,297,000 | 299,891 | 5,478,000 | |||||
Depreciation | 28,520,000 | ||||||||||||||
Amortisation | 21,831,000 | ||||||||||||||
Tax | 49,152 | 16,000 | -2,000 | 141,000 | 1,973,000 | ||||||||||
Stock | -627,000 | 627,000 | |||||||||||||
Debtors | -7,124,201 | 1,283,000 | 5,907,000 | -2,000 | 141,000 | -10,000 | 10,000 | -10,000 | -78,714,000 | 78,724,000 | |||||
Creditors | -15,637,000 | 15,637,000 | |||||||||||||
Accruals and Deferred Income | -50,742,000 | 50,742,000 | |||||||||||||
Deferred Taxes & Provisions | -10,474,000 | 10,474,000 | |||||||||||||
Cash flow from operations | -25,713,621 | 44,894,129 | -3,020,610 | 7,977,000 | -9,991,000 | -216,490,000 | 331,065,000 | -12,297,000 | 10,000 | 289,891 | 2,488,000 | 55,304,000 | |||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -50,255,262 | -533 | 21,241,000 | 47,355,000 | 771,557,000 | 160,320,000 | 163,045,925 | 742,962,075 | -672,496,000 | 668,016,000 | 4,480,000 | ||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -275,000 | 275,000 | |||||||||||||
Group/Directors Accounts | 10,498,741 | 10,653,883 | 3,020,553 | -46,717,000 | 17,129,000 | 11,240,000 | 129,909,000 | 4,487,476 | 11,874,075 | -57,305,583 | 261,112,032 | -422,928,000 | 422,928,000 | ||
Other Short Term Loans | |||||||||||||||
Long term loans | -300,596,000 | 13,176,262 | -4,076,024 | 64,567,762 | 226,928,000 | -421,736,000 | 421,736,000 | ||||||||
Hire Purchase and Lease Commitments | -4,678,000 | 4,678,000 | |||||||||||||
other long term liabilities | -13,334,000 | 13,334,000 | |||||||||||||
share issue | |||||||||||||||
interest | -3,661,861 | -35,917,000 | |||||||||||||
cash flow from financing | 10,498,741 | 10,653,883 | 3,020,213 | 12,027,000 | 61,514,000 | 985,056,000 | -170,687,000 | 180,709,753 | 7,798,051 | 3,600,318 | 742,810,993 | 62,127,000 | 589,422,000 | ||
cash and cash equivalents | |||||||||||||||
cash | 35,040,382 | 55,548,012 | 136 | -1,237,000 | 1,239,000 | -62,000 | 58,000 | 3,828 | 172 | -7,724,000 | 7,724,000 | ||||
overdraft | -2,929,000 | 2,929,000 | |||||||||||||
change in cash | 35,040,382 | 55,548,012 | 136 | -1,237,000 | 4,168,000 | -2,991,000 | 58,000 | 3,828 | 172 | -7,724,000 | 7,724,000 |
Perform a competitor analysis for iron mountain europe (group) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
IRON MOUNTAIN EUROPE (GROUP) LIMITED group structure
Iron Mountain Europe (Group) Limited has 4 subsidiary companies.
Ultimate parent company
IRON MOUNTAIN INC
#0042124
IRON MOUNTAIN LUXEMBOURGH SARL
#0064102
2 parents
IRON MOUNTAIN EUROPE (GROUP) LIMITED
05882719
4 subsidiaries
Iron Mountain Europe (Group) Limited currently has 1 director, Mr Nicholas Ford serving since Jan 2021.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Ford | United Kingdom | 42 years | Jan 2021 | - | Director |
P&L
December 2023turnover
35m
-38%
operating profit
-25.7m
-157%
gross margin
36.4%
+0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.6b
-0.02%
total assets
1.9b
-0.01%
cash
90.6m
+0.63%
net assets
Total assets minus all liabilities
company number
05882719
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
ground floor, 4 more london riverside, london, SE1 2AU
Bank
BANK MENDES GANS NV
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 did not find charges/mortgages relating to iron mountain europe (group) limited.
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