chauvet europe limited

5

chauvet europe limited Company Information

Share CHAUVET EUROPE LIMITED
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EstablishedLargeHigh

Company Number

07106471

Registered Address

pennine house 8 stanford street, nottingham, nottinghamshire, NG1 7BQ

Industry

Manufacture of electric lighting equipment

 

Telephone

01773511115

Next Accounts Due

September 2024

Group Structure

View All

Directors

Albert Chauvet14 Years

Michael Brooksbank1 Years

Shareholders

chauvet & sons llc 65%

spotlight acquisition parent llc 35%

chauvet europe limited Estimated Valuation

£74m

Pomanda estimates the enterprise value of CHAUVET EUROPE LIMITED at £74m based on a Turnover of £58.8m and 1.26x industry multiple (adjusted for size and gross margin).

chauvet europe limited Estimated Valuation

£94.2m

Pomanda estimates the enterprise value of CHAUVET EUROPE LIMITED at £94.2m based on an EBITDA of £10.3m and a 9.11x industry multiple (adjusted for size and gross margin).

chauvet europe limited Estimated Valuation

£6.9m

Pomanda estimates the enterprise value of CHAUVET EUROPE LIMITED at £6.9m based on Net Assets of £19.2m and 0.36x industry multiple (adjusted for liquidity).

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Chauvet Europe Limited Overview

Chauvet Europe Limited is a live company located in nottinghamshire, NG1 7BQ with a Companies House number of 07106471. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in December 2009, it's largest shareholder is chauvet & sons llc with a 65% stake. Chauvet Europe Limited is a established, large sized company, Pomanda has estimated its turnover at £58.8m with high growth in recent years.

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Chauvet Europe Limited Health Check

Pomanda's financial health check has awarded Chauvet Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £58.8m, make it larger than the average company (£10.8m)

£58.8m - Chauvet Europe Limited

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (-0.5%)

16% - Chauvet Europe Limited

-0.5% - Industry AVG

production

Production

with a gross margin of 38.4%, this company has a comparable cost of product (33.9%)

38.4% - Chauvet Europe Limited

33.9% - Industry AVG

profitability

Profitability

an operating margin of 15.7% make it more profitable than the average company (6.6%)

15.7% - Chauvet Europe Limited

6.6% - Industry AVG

employees

Employees

with 92 employees, this is above the industry average (57)

92 - Chauvet Europe Limited

57 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.9k, the company has a higher pay structure (£45.7k)

£65.9k - Chauvet Europe Limited

£45.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £639.7k, this is more efficient (£168.3k)

£639.7k - Chauvet Europe Limited

£168.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is earlier than average (58 days)

31 days - Chauvet Europe Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is close to average (33 days)

34 days - Chauvet Europe Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 186 days, this is more than average (103 days)

186 days - Chauvet Europe Limited

103 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (18 weeks)

24 weeks - Chauvet Europe Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59%, this is a higher level of debt than the average (48.6%)

59% - Chauvet Europe Limited

48.6% - Industry AVG

CHAUVET EUROPE LIMITED financials

EXPORTms excel logo

Chauvet Europe Limited's latest turnover from December 2022 is £58.8 million and the company has net assets of £19.2 million. According to their latest financial statements, Chauvet Europe Limited has 92 employees and maintains cash reserves of £12.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Turnover58,848,92328,556,03220,025,97737,720,87227,719,10423,228,53415,960,76512,530,36310,081,3828,229,7688,481,0864,718,4651,758,507
Other Income Or Grants0000000000000
Cost Of Sales36,271,58316,461,14011,980,52123,102,36117,853,40616,642,59412,133,8418,931,6547,133,5835,738,8575,624,7423,100,1261,147,780
Gross Profit22,577,34012,094,8928,045,45614,618,5119,865,6986,585,9403,826,9243,598,7092,947,7992,490,9112,856,3441,618,338610,727
Admin Expenses13,313,5918,683,7337,344,72011,161,9117,923,9344,203,3622,648,7532,526,2802,370,2391,665,8422,207,6261,182,166589,009
Operating Profit9,263,7493,411,159700,7363,456,6001,941,7642,382,5781,178,1711,072,429577,560825,069648,718436,17221,718
Interest Payable649,126352,245373,496499,028458,091322,12419,91235,08935,75811,047000
Interest Receivable38,27501,6557,5075272000001,10555174
Pre-Tax Profit8,652,8983,058,914328,8952,965,0791,484,2002,060,4741,158,2591,037,340541,802814,022649,822436,72321,792
Tax-2,650,973-758,330-118,374-806,496-648,536-593,381-336,105-201,224-119,267-204,113-155,957-113,548-6,102
Profit After Tax6,001,9252,300,584210,5212,158,583835,6641,467,093822,154836,116422,535609,909493,865323,17515,690
Dividends Paid0000000000000
Retained Profit6,001,9252,300,584210,5212,158,583835,6641,467,093822,154836,116422,535609,909493,865323,17515,690
Employee Costs6,060,4904,537,5374,804,6895,039,4293,713,0432,416,5811,558,2551,298,3631,059,337855,9211,862,5001,142,149458,191
Number Of Employees92869790734929322922553414
EBITDA*10,337,9414,657,0531,962,4354,746,3723,207,7183,320,0331,229,9691,110,950608,981847,845673,261441,78623,280

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Tangible Assets893,699503,721537,216614,275613,201297,010174,591163,215125,64059,64062,51637,32713,162
Intangible Assets2,700,6433,490,4744,496,2955,505,4906,561,8237,680,96129,817000000
Investments & Other1111111100000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets3,594,3433,994,1965,033,5126,119,7667,175,0257,977,972204,409163,216125,64059,64062,51637,32713,162
Stock & work in progress18,562,1488,338,7509,993,37511,833,1837,837,9727,439,7005,810,4864,422,6563,571,6813,193,9402,641,2541,153,382255,906
Trade Debtors5,008,2553,856,7821,508,7493,953,6963,312,4492,219,3891,898,9081,374,1141,233,317894,160815,821625,943292,162
Group Debtors1,414,865947,3801,176,7271,486,8759,412,15695,7930216,40700000
Misc Debtors5,611,9652,003,3881,189,8601,581,5781,176,900228,371157,37870,5731,192,197332,563000
Cash12,759,37212,916,6619,051,6145,557,7065,250,1595,248,0773,380,154423,5361,325,607530,776251,124190,81829,549
misc current assets0000000000000
total current assets43,356,60528,062,96122,920,32524,413,03826,989,63615,231,33011,246,9266,507,2867,322,8024,951,4393,708,1991,970,143577,617
total assets46,950,94832,057,15727,953,83730,532,80434,164,66123,209,30211,451,3356,670,5027,448,4425,011,0793,770,7152,007,470590,779
Bank overdraft0000000000000
Bank loan0000000203,59800000
Trade Creditors 3,449,1231,255,975725,7701,912,323761,519915,4341,387,836308,656643,791114,8202,895,3501,644,393571,457
Group/Directors Accounts16,908,70515,123,60314,799,25215,401,89322,732,82812,646,5913,658,819797,5734,730,4433,189,535000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities7,206,8402,361,9861,656,5452,247,7291,775,3961,480,550270,675335,125141,576198,741000
total current liabilities27,564,66818,741,56417,181,56719,561,94525,269,74315,042,5755,317,3301,644,9525,515,8103,503,0962,895,3501,644,393571,457
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income000000084,43966,45864,344000
other liabilities000000000041,63518,5070
provisions148,151251,941306,399368,278467,990565,446000004,7052,632
total long term liabilities148,151251,941306,399368,278467,990565,446084,43966,45864,34441,63523,2122,632
total liabilities27,712,81918,993,50517,487,96619,930,22325,737,73315,608,0215,317,3301,729,3915,582,2683,567,4402,936,9851,667,605574,089
net assets19,238,12913,063,65210,465,87110,602,5818,426,9287,601,2816,134,0054,941,1111,866,1741,443,639833,730339,86516,690
total shareholders funds19,238,12913,063,65210,465,87110,602,5818,426,9287,601,2816,134,0054,941,1111,866,1741,443,639833,730339,86516,690
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Operating Activities
Operating Profit9,263,7493,411,159700,7363,456,6001,941,7642,382,5781,178,1711,072,429577,560825,069648,718436,17221,718
Depreciation242,706235,621247,379233,439146,81656,70450,41138,52131,42122,77624,5435,6141,562
Amortisation831,4861,010,2731,014,3201,056,3331,119,138880,7511,387000000
Tax-2,650,973-758,330-118,374-806,496-648,536-593,381-336,105-201,224-119,267-204,113-155,957-113,548-6,102
Stock10,223,398-1,654,625-1,839,8083,995,211398,2721,629,2141,387,830850,975377,741552,6861,487,872897,476255,906
Debtors5,227,5352,932,214-3,146,813-6,879,35611,357,952487,267395,192-764,4201,198,791410,902189,878333,781292,162
Creditors2,193,148530,205-1,186,5531,150,804-153,915-472,4021,079,180-335,135528,971-2,780,5301,250,9571,072,936571,457
Accruals and Deferred Income4,844,854705,441-591,184472,333294,8461,209,875-148,889211,530-55,051263,085000
Deferred Taxes & Provisions-103,790-54,458-61,879-99,712-97,456565,4460000-4,7052,0732,632
Cash flow from operations-829,7533,802,3224,991,0668,347,446-9,153,5671,913,09041,133699,566-612,898-2,837,30185,806171,99043,199
Investing Activities
capital expenditure0000-461,979-8,448,694-75,902-76,097-95,142-19,900-49,732-29,779-14,724
Change in Investments0000000100000
cash flow from investments0000-461,979-8,448,694-75,902-76,098-95,142-19,900-49,732-29,779-14,724
Financing Activities
Bank loans000000-203,598203,59800000
Group/Directors Accounts1,785,102324,351-602,641-7,330,93510,086,2378,987,7722,861,246-3,932,8701,540,9083,189,535000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities000000000-41,63523,12818,5070
share issue172,552297,197-347,23117,070-10,017183370,7402,238,82100001,000
interest-610,851-352,245-371,841-491,521-457,564-322,104-19,912-35,089-35,758-11,0471,10555174
cash flow from financing1,346,803269,303-1,321,713-7,805,3869,618,6568,665,8513,008,476-1,525,5401,505,1503,136,85324,23319,0581,074
cash and cash equivalents
cash-157,2893,865,0473,493,908307,5472,0821,867,9232,956,618-902,071794,831279,65260,306161,26929,549
overdraft0000000000000
change in cash-157,2893,865,0473,493,908307,5472,0821,867,9232,956,618-902,071794,831279,65260,306161,26929,549

chauvet 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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Chauvet Europe Limited Competitor Analysis

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Perform a competitor analysis for chauvet europe limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NG1 area or any other competitors across 12 key performance metrics.

chauvet europe limited Ownership

CHAUVET EUROPE LIMITED group structure

Chauvet Europe Limited has 1 subsidiary company.

Ultimate parent company

SPOTLIGHT HOLDING LLC

#0103687

CHAUVET & SONS LLC

#0072456

2 parents

CHAUVET EUROPE LIMITED

07106471

1 subsidiary

CHAUVET EUROPE LIMITED Shareholders

chauvet & sons llc 65%
spotlight acquisition parent llc 35%

chauvet europe limited directors

Chauvet Europe Limited currently has 2 directors. The longest serving directors include Mr Albert Chauvet (Dec 2009) and Mr Michael Brooksbank (Oct 2022).

officercountryagestartendrole
Mr Albert ChauvetUnited Kingdom59 years Dec 2009- Director
Mr Michael Brooksbank56 years Oct 2022- Director

P&L

December 2022

turnover

58.8m

+106%

operating profit

9.3m

+172%

gross margin

38.4%

-9.42%

turnover

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

Balance Sheet

December 2022

net assets

19.2m

+0.47%

total assets

47m

+0.46%

cash

12.8m

-0.01%

net assets

Total assets minus all liabilities

chauvet europe limited company details

company number

07106471

Type

Private limited with Share Capital

industry

27400 - Manufacture of electric lighting equipment

incorporation date

December 2009

age

15

incorporated

UK

accounts

Group

ultimate parent company

SPOTLIGHT HOLDING LLC

previous names

N/A

last accounts submitted

December 2022

address

pennine house 8 stanford street, nottingham, nottinghamshire, NG1 7BQ

accountant

-

auditor

BDO LLP

chauvet 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 3 charges/mortgages relating to chauvet europe limited. Currently there are 0 open charges and 3 have been satisfied in the past.

charges

chauvet europe limited Companies House Filings - See Documents

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