exactearth europe limited
exactearth europe limited Company Information
Company Number
07267150
Next Accounts
160 days late
Shareholders
exactearth ltd
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
sandhills farm braintree road, wethersfield, braintree, essex, CM7 4AG
Website
www.exactearth.comexactearth europe limited Estimated Valuation
Pomanda estimates the enterprise value of EXACTEARTH EUROPE LIMITED at £1.8m based on a Turnover of £2.1m and 0.85x industry multiple (adjusted for size and gross margin).
exactearth europe limited Estimated Valuation
Pomanda estimates the enterprise value of EXACTEARTH EUROPE LIMITED at £0 based on an EBITDA of £-238.1k and a 3.54x industry multiple (adjusted for size and gross margin).
exactearth europe limited Estimated Valuation
Pomanda estimates the enterprise value of EXACTEARTH EUROPE LIMITED at £0 based on Net Assets of £-2.9m and 2.6x industry multiple (adjusted for liquidity).
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Exactearth Europe Limited Overview
Exactearth Europe Limited is a live company located in braintree, CM7 4AG with a Companies House number of 07267150. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in May 2010, it's largest shareholder is exactearth ltd with a 100% stake. Exactearth Europe Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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Exactearth Europe Limited Health Check
Pomanda's financial health check has awarded Exactearth Europe Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£12.9m)
- Exactearth Europe Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.1%)
- Exactearth Europe Limited
3.1% - Industry AVG
Production
with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)
- Exactearth Europe Limited
38.9% - Industry AVG
Profitability
an operating margin of -11.2% make it less profitable than the average company (4.4%)
- Exactearth Europe Limited
4.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (50)
4 - Exactearth Europe Limited
50 - Industry AVG
Pay Structure
on an average salary of £64.7k, the company has an equivalent pay structure (£64.7k)
- Exactearth Europe Limited
£64.7k - Industry AVG
Efficiency
resulting in sales per employee of £532.9k, this is more efficient (£232.9k)
- Exactearth Europe Limited
£232.9k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (41 days)
- Exactearth Europe Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (44 days)
- Exactearth Europe Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Exactearth Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (9 weeks)
4 weeks - Exactearth Europe Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 439.6%, this is a higher level of debt than the average (66.1%)
439.6% - Exactearth Europe Limited
66.1% - Industry AVG
EXACTEARTH EUROPE LIMITED financials
Exactearth Europe Limited's latest turnover from December 2022 is estimated at £2.1 million and the company has net assets of -£2.9 million. According to their latest financial statements, Exactearth Europe Limited has 4 employees and maintains cash reserves of £330.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 4 | 6 | 5 | 5 | 5 | 5 | 8 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 420 | 29,206 | 124,647 | 225,200 | 253,972 | 242,019 | ||||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 136 | 3,236 | 8,845 | 2,481 | ||||||||
| Total Fixed Assets | 136 | 3,236 | 8,845 | 2,481 | 420 | 29,206 | 124,647 | 225,200 | 253,972 | 242,019 | ||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 451,907 | 359,275 | 386,145 | 381,565 | 683,153 | 311,650 | 54,529 | 978,436 | 953,286 | 517,338 | 165,526 | 1 |
| Group Debtors | ||||||||||||
| Misc Debtors | 73,006 | 22,872 | 25,395 | 40,912 | 441,612 | 418,487 | ||||||
| Cash | 330,652 | 249,281 | 390,795 | 919,867 | 709,166 | 1,235,220 | 998,452 | 55,060 | 258,356 | 268,049 | 75,667 | |
| misc current assets | ||||||||||||
| total current assets | 855,565 | 631,428 | 802,335 | 1,342,344 | 1,392,319 | 1,988,482 | 1,471,468 | 1,033,496 | 1,211,642 | 785,387 | 241,193 | 1 |
| total assets | 855,701 | 634,664 | 811,180 | 1,344,825 | 1,392,739 | 2,017,688 | 1,596,115 | 1,258,696 | 1,465,614 | 1,027,406 | 241,193 | 1 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 21,324 | 2,897 | 42,436 | 19,753 | 41,594 | 80,112 | 41,912 | 2,372,875 | 2,495,222 | 116,651 | 25,534 | |
| Group/Directors Accounts | 3,390,835 | 2,724,387 | 2,614,690 | 3,066,525 | 3,047,419 | 2,728,049 | 2,553,472 | |||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 349,161 | 581,088 | 459,008 | 391,871 | 94,956 | 601,685 | 166,792 | |||||
| total current liabilities | 3,761,320 | 3,308,372 | 3,116,134 | 3,478,149 | 3,183,969 | 3,409,846 | 2,762,176 | 2,372,875 | 2,495,222 | 116,651 | 25,534 | |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 4,861 | 4,724 | 12,574 | |||||||||
| other liabilities | 4,006 | 1,315,033 | 273,869 | |||||||||
| provisions | ||||||||||||
| total long term liabilities | 4,006 | 4,861 | 4,724 | 12,574 | 1,315,033 | 273,869 | ||||||
| total liabilities | 3,761,320 | 3,312,378 | 3,120,995 | 3,482,873 | 3,196,543 | 3,409,846 | 2,762,176 | 2,372,875 | 2,495,222 | 1,431,684 | 299,403 | |
| net assets | -2,905,619 | -2,677,714 | -2,309,815 | -2,138,048 | -1,803,804 | -1,392,158 | -1,166,061 | -1,114,179 | -1,029,608 | -404,278 | -58,210 | 1 |
| total shareholders funds | -2,905,619 | -2,677,714 | -2,309,815 | -2,138,048 | -1,803,804 | -1,392,158 | -1,166,061 | -1,114,179 | -1,029,608 | -404,278 | -58,210 | 1 |
| Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 8,119 | 96,810 | 24,548 | 29,875 | 26,201 | 8,228 | ||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | 139,666 | -35,002 | -4,573 | -258,195 | -70,109 | 280,246 | -505,420 | 25,150 | 435,948 | 351,812 | 165,525 | 1 |
| Creditors | 18,427 | -39,539 | 22,683 | -21,841 | -38,518 | 38,200 | -2,330,963 | -122,347 | 2,378,571 | 91,117 | 25,534 | |
| Accruals and Deferred Income | -231,927 | 117,219 | 67,274 | 289,065 | -494,155 | 434,893 | 166,792 | |||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 666,448 | 109,697 | -451,835 | 19,106 | 319,370 | 174,577 | 2,553,472 | |||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -4,006 | 4,006 | -1,315,033 | 1,041,164 | 273,869 | |||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 81,371 | -141,514 | -529,072 | 210,701 | -526,054 | 236,768 | 943,392 | -203,296 | -9,693 | 192,382 | 75,667 | |
| overdraft | ||||||||||||
| change in cash | 81,371 | -141,514 | -529,072 | 210,701 | -526,054 | 236,768 | 943,392 | -203,296 | -9,693 | 192,382 | 75,667 |
exactearth europe limited Credit Report and Business Information
Exactearth Europe Limited Competitor Analysis
Perform a competitor analysis for exactearth europe limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CM7 area or any other competitors across 12 key performance metrics.
exactearth europe limited Ownership
EXACTEARTH EUROPE LIMITED group structure
Exactearth Europe Limited has no subsidiary companies.
Ultimate parent company
EXACTEARTH LTD
#0084413
1 parent
EXACTEARTH EUROPE LIMITED
07267150
exactearth europe limited directors
Exactearth Europe Limited currently has 2 directors. The longest serving directors include Mr Richard Proud (Oct 2016) and Kelly Loughery (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Proud | United Kingdom | 63 years | Oct 2016 | - | Director |
| Kelly Loughery | United States | 47 years | Jun 2023 | - | Director |
P&L
December 2022turnover
2.1m
+9%
operating profit
-238.1k
0%
gross margin
39%
+4.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-2.9m
+0.09%
total assets
855.7k
+0.35%
cash
330.7k
+0.33%
net assets
Total assets minus all liabilities
exactearth europe limited company details
company number
07267150
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
May 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
RSM UK AUDIT LLP
auditor
-
address
sandhills farm braintree road, wethersfield, braintree, essex, CM7 4AG
Bank
-
Legal Advisor
-
exactearth 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 1 charges/mortgages relating to exactearth europe limited. Currently there are 0 open charges and 1 have been satisfied in the past.
exactearth 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.
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exactearth europe limited Companies House Filings - See Documents
| date | description | view/download |
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