Pomanda estimates the enterprise value of FIRSTCOM EUROPE LIMITED at £20.5m based on a Turnover of £16.5m and 1.24x industry multiple (adjusted for size and gross margin).
firstcom europe limitedEstimated Valuation
£9.8m
Pomanda estimates the enterprise value of FIRSTCOM EUROPE LIMITED at £9.8m based on an EBITDA of £1.9m and a 5.24x industry multiple (adjusted for size and gross margin).
firstcom europe limitedEstimated Valuation
£25m
Pomanda estimates the enterprise value of FIRSTCOM EUROPE LIMITED at £25m based on Net Assets of £10.4m and 2.41x industry multiple (adjusted for liquidity).
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Firstcom Europe LimitedOverview
Firstcom Europe Limited is a live company located in bolton, BL6 4SD with a Companies House number of 06838593. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in March 2009, it's largest shareholder is
firstcom europe holdings limited
with a 100% stake. Firstcom Europe Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£16.5m with
high
growth in recent years.
Pomanda's financial health check has awarded Firstcom Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
6 Regular
1 Weak
Size
annual sales of £16.5m, make it in line with the average company (£14.1m)
£16.5m - Firstcom Europe Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.6%)
17% - Firstcom Europe Limited
4.6% - Industry AVG
Production
with a gross margin of 49.3%, this company has a lower cost of product (39%)
49.3% - Firstcom Europe Limited
39% - Industry AVG
Profitability
an operating margin of 3.7% make it as profitable than the average company (4.2%)
3.7% - Firstcom Europe Limited
4.2% - Industry AVG
Employees
with 81 employees, this is above the industry average (54)
81 - Firstcom Europe Limited
54 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has a lower pay structure (£66.1k)
£42.9k - Firstcom Europe Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £203.5k, this is equally as efficient (£237.8k)
£203.5k - Firstcom Europe Limited
£237.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (40 days)
34 days - Firstcom Europe Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is close to average (43 days)
40 days - Firstcom Europe Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (14 days)
3 days - Firstcom Europe Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Firstcom Europe Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.7%, this is a similar level of debt than the average (65.4%)
62.7% - Firstcom Europe Limited
65.4% - Industry AVG
FIRSTCOM EUROPE LIMITED financials
EXPORT
Firstcom Europe Limited's latest turnover from December 2023 is £16.5 million and the company has net assets of £10.4 million. According to their latest financial statements, Firstcom Europe Limited has 81 employees and maintains cash reserves of £272.1 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
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
16,481,610
13,638,061
11,952,746
10,188,418
8,867,140
5,090,248
8,068,962
6,412,328
4,927,984
3,606,417
3,458,807
2,798,428
2,484,205
2,242,730
1,290,355
Other Income Or Grants
Cost Of Sales
8,359,004
6,948,298
5,877,498
5,386,545
4,536,757
2,586,482
4,399,360
3,398,921
2,668,301
1,963,967
1,930,813
1,432,778
1,363,030
1,214,815
812,178
Gross Profit
8,122,606
6,689,763
6,075,248
4,801,873
4,330,383
2,503,766
3,669,602
3,013,407
2,259,683
1,642,450
1,527,994
1,365,650
1,121,175
1,027,915
478,177
Admin Expenses
7,518,730
5,016,815
3,591,932
3,285,489
2,942,528
1,462,719
1,981,275
1,737,149
1,599,915
1,377,283
1,338,190
1,242,211
1,036,442
1,002,811
566,134
Operating Profit
603,876
1,672,948
2,483,316
1,516,384
1,387,855
1,041,047
1,688,327
1,276,258
659,768
265,167
189,804
123,439
84,733
25,104
-87,957
Interest Payable
530,584
86,766
25,093
156,888
155,604
123,747
64,638
17,581
1,927
11,433
Interest Receivable
536,469
561,951
445,566
2,428
1,246
45
Pre-Tax Profit
609,761
1,586,182
2,458,223
1,921,447
1,677,817
952,986
1,564,580
1,211,620
644,615
266,413
189,804
121,512
73,300
25,104
-87,912
Tax
-340,715
-22,136
-129,638
-87,732
-374,773
-147,629
-380,831
-288,944
-132,153
-55,617
-40,203
-25,125
Profit After Tax
269,046
1,564,046
2,328,585
1,833,715
1,303,044
805,357
1,183,749
922,676
512,462
210,796
149,601
96,387
73,300
25,104
-87,912
Dividends Paid
222,200
127,162
170,000
140,972
112,000
48,000
Retained Profit
269,046
1,564,046
2,328,585
1,833,715
1,303,044
583,157
1,056,587
752,676
371,490
98,796
101,601
96,387
73,300
25,104
-87,912
Employee Costs
3,472,121
2,583,334
2,154,980
1,697,744
1,540,256
2,394,229
2,177,073
2,167,734
1,275,783
817,007
825,262
619,148
529,124
500,723
278,235
Number Of Employees
81
73
65
55
47
39
39
41
25
16
16
13
11
11
6
EBITDA*
1,864,613
2,775,716
3,444,713
2,308,641
2,002,823
1,375,250
2,189,631
1,555,267
744,723
275,649
197,540
129,939
93,233
31,104
-81,957
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
157,118
156,146
65,520
13,736
1,470
13,622
13,002
11,000
19,500
23,000
24,000
Intangible Assets
9,078,300
7,212,784
5,955,800
6,905,446
5,602,389
3,822,941
4,157,144
4,658,448
1,839,417
Investments & Other
9,316,543
12,316,543
1,244,085
1,422,759
1,421,289
100
100
100
Debtors (Due After 1 year)
Total Fixed Assets
18,551,961
19,685,473
6,021,320
6,919,182
6,847,944
5,245,700
5,578,433
4,658,548
1,839,517
13,722
13,002
11,000
19,500
23,000
24,000
Stock & work in progress
72,889
61,452
31,950
51,396
32,688
28,377
34,057
44,520
39,636
35,000
20,000
20,000
20,000
20,000
19,997
Trade Debtors
1,536,767
1,231,326
634,689
1,175,305
565,255
311,300
328,597
729,953
253,284
157,725
183,350
367,089
106,921
111,530
144,928
Group Debtors
5,453,192
4,448,522
2,991,467
1,685,229
216,066
394,550
285,356
59,412
37,681
31,097
Misc Debtors
1,940,120
725,355
508,618
164,034
359,776
285,819
408,923
303,022
157,713
338,698
162,992
260,921
280,340
Cash
272,133
483,079
709,303
1,200,492
1,012,244
920,018
787,953
266,424
573,402
498,577
371,706
121,007
9,775
23,334
18,003
misc current assets
total current assets
9,275,101
6,949,734
4,876,027
4,276,456
2,186,029
1,940,064
1,844,886
1,403,331
1,061,716
1,061,097
738,048
508,096
397,617
435,204
182,928
total assets
27,827,062
26,635,207
10,897,347
11,195,638
9,033,973
7,185,764
7,423,319
6,061,879
2,901,233
1,074,819
751,050
519,096
417,117
458,204
206,928
Bank overdraft
712,500
816,668
416,668
Bank loan
712,500
712,500
Trade Creditors
931,840
892,042
430,714
1,002,847
876,591
500,759
655,657
633,288
514,346
464,014
246,115
402,217
184,581
157,929
294,830
Group/Directors Accounts
13,799,200
10,719,602
578,975
2,032,185
534,461
234,049
80,000
100
100
other short term finances
31,681
32,149
hp & lease commitments
38,325
27,952
10,125
other current liabilities
2,575,891
4,716,240
1,297,714
1,942,661
1,435,566
1,054,145
1,517,758
1,149,155
498,021
293,429
286,455
222,034
363,073
total current liabilities
17,376,937
16,387,985
2,317,528
4,977,693
3,559,118
2,501,453
2,965,915
2,599,111
1,429,135
757,543
532,570
402,217
406,615
521,002
294,830
loans
15,833
26,667
890,625
1,603,125
1,959,375
1,616,664
783,332
hp & lease commitments
23,420
82,224
21,806
Accruals and Deferred Income
other liabilities
200,000
400,000
provisions
31,250
27,755
11,483
total long term liabilities
70,503
136,646
33,289
1,090,625
1,603,125
1,959,375
2,016,664
783,332
total liabilities
17,447,440
16,524,631
2,350,817
4,977,693
4,649,743
4,104,578
4,925,290
4,615,775
2,212,467
757,543
532,570
402,217
406,615
521,002
294,830
net assets
10,379,622
10,110,576
8,546,530
6,217,945
4,384,230
3,081,186
2,498,029
1,446,104
688,766
317,276
218,480
116,879
10,502
-62,798
-87,902
total shareholders funds
10,379,622
10,110,576
8,546,530
6,217,945
4,384,230
3,081,186
2,498,029
1,446,104
688,766
317,276
218,480
116,879
10,502
-62,798
-87,902
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
603,876
1,672,948
2,483,316
1,516,384
1,387,855
1,041,047
1,688,327
1,276,258
659,768
265,167
189,804
123,439
84,733
25,104
-87,957
Depreciation
48,184
30,683
11,751
1,948
4,325
9,372
10,482
7,736
6,500
8,500
6,000
6,000
Amortisation
1,212,553
1,072,085
949,646
790,309
610,643
334,203
501,304
279,009
75,583
Tax
-340,715
-22,136
-129,638
-87,732
-374,773
-147,629
-380,831
-288,944
-132,153
-55,617
-40,203
-25,125
Stock
11,437
29,502
-19,446
18,708
4,311
-16,143
-10,463
4,884
4,636
15,000
3
19,997
Debtors
2,524,876
2,270,429
1,110,206
1,883,471
149,428
-100,718
-69,511
643,709
-78,842
181,178
-20,747
-753
-24,028
246,942
144,928
Creditors
39,798
461,328
-572,133
126,256
375,832
-132,529
22,369
118,942
50,332
217,899
-156,102
217,636
26,652
-136,901
294,830
Accruals and Deferred Income
-2,140,349
3,418,526
-644,947
507,095
381,421
-95,010
368,603
651,134
204,592
6,974
286,455
-222,034
-141,039
363,073
Deferred Taxes & Provisions
3,495
16,272
11,483
Cash flow from operations
-3,109,471
4,349,775
1,018,718
952,081
2,231,564
1,116,943
2,279,746
1,387,806
941,700
248,727
308,437
101,169
2,874
10,331
47,948
Investing Activities
capital expenditure
-3,127,225
-2,450,378
-63,535
-2,107,580
-2,395,886
501,304
-3,098,040
-1,910,750
-11,102
-9,738
2,000
-5,000
-5,000
-30,000
Change in Investments
-3,000,000
12,316,543
-1,244,085
-178,674
1,422,659
1,421,189
100
cash flow from investments
-127,225
-14,766,921
-63,535
-863,495
-2,217,212
-921,355
-1,421,189
-3,098,040
-1,910,750
-11,202
-9,738
2,000
-5,000
-5,000
-30,000
Financing Activities
Bank loans
-712,500
712,500
Group/Directors Accounts
3,079,598
10,140,627
-1,453,210
1,497,724
300,412
234,049
80,000
-100
100
Other Short Term Loans
-468
32,149
Long term loans
-10,834
26,667
-890,625
-712,500
-13,539
342,711
833,332
783,332
Hire Purchase and Lease Commitments
-48,431
78,245
31,931
other long term liabilities
-200,000
200,000
-400,000
-400,000
400,000
share issue
1,051,925
-4,662
4,662
9,990
10
interest
5,885
-86,766
-25,093
405,063
289,962
-123,747
-64,638
-15,153
1,246
-1,927
-11,433
45
cash flow from financing
3,025,750
10,190,922
-1,446,372
99,662
77,874
1,584,935
-105,698
1,173,256
768,179
1,346
8,063
-11,433
55
cash and cash equivalents
cash
-210,946
-226,224
-491,189
188,248
92,226
653,594
521,529
-306,978
74,825
126,871
250,699
111,232
-13,559
5,331
18,003
overdraft
-816,668
-104,168
400,000
416,668
change in cash
-210,946
-226,224
-491,189
188,248
92,226
1,470,262
625,697
-706,978
-341,843
126,871
250,699
111,232
-13,559
5,331
18,003
firstcom europe limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for firstcom europe limited. Get real-time insights into firstcom europe limited's credit score, group structure and payment trends.
Perform a competitor analysis for firstcom europe limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in BL6 area or any other competitors across 12 key performance metrics.
firstcom europe limited Ownership
FIRSTCOM EUROPE LIMITED group structure
Firstcom Europe Limited has 4 subsidiary companies.
The sole shareholder of Firstcom Europe Limited is Firstcom Europe Holdings Limited.
firstcom europe holdings limited
100%
firstcom europe limited directors
Firstcom Europe Limited currently has 2 directors.
The longest serving directors include
Mr Christian Bleakley (Aug 2009) and
Mr Anthony Wild (Feb 2021).
britannia telecommunications limited (September 2009)
accountant
-
auditor
BDO LLP
address
2nd floor unit 1b the parklands, lostock, bolton, BL6 4SD
Bank
-
Legal Advisor
-
firstcom 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 7 charges/mortgages relating to firstcom europe limited. Currently there are 5 open charges and 2 have been satisfied in the past.
firstcom 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.
Click to start generating capital raising & share issue transactions for FIRSTCOM EUROPE LIMITED. This can take several minutes, an email will notify you when this has completed.
firstcom europe limitedCompanies House Filings - See Documents
