idt retail europe limited
idt retail europe limited Company Information
Company Number
07888960
Website
www.idteurope.comRegistered Address
c/- sable international, 5th flo, 18 st. swithin's lane, london, EC4N 8AD
Industry
Other telecommunications activities
Telephone
02075496000
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
idt dutch holdings b.v. 100%
idt retail europe limited Estimated Valuation
Pomanda estimates the enterprise value of IDT RETAIL EUROPE LIMITED at £261.4m based on a Turnover of £172.5m and 1.52x industry multiple (adjusted for size and gross margin).
idt retail europe limited Estimated Valuation
Pomanda estimates the enterprise value of IDT RETAIL EUROPE LIMITED at £12.7m based on an EBITDA of £2.3m and a 5.56x industry multiple (adjusted for size and gross margin).
idt retail europe limited Estimated Valuation
Pomanda estimates the enterprise value of IDT RETAIL EUROPE LIMITED at £16m based on Net Assets of £5.3m and 3.04x industry multiple (adjusted for liquidity).
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Idt Retail Europe Limited Overview
Idt Retail Europe Limited is a live company located in london, EC4N 8AD with a Companies House number of 07888960. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in December 2011, it's largest shareholder is idt dutch holdings b.v. with a 100% stake. Idt Retail Europe Limited is a established, mega sized company, Pomanda has estimated its turnover at £172.5m with rapid growth in recent years.
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Idt Retail Europe Limited Health Check
Pomanda's financial health check has awarded Idt Retail Europe Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
6 Weak
Size
annual sales of £172.5m, make it larger than the average company (£12.3m)
£172.5m - Idt Retail Europe Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 297%, show it is growing at a faster rate (3.9%)
297% - Idt Retail Europe Limited
3.9% - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (38.7%)
16.4% - Idt Retail Europe Limited
38.7% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (4.2%)
1.3% - Idt Retail Europe Limited
4.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (51)
4 - Idt Retail Europe Limited
51 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has a lower pay structure (£58.4k)
£40.4k - Idt Retail Europe Limited
£58.4k - Industry AVG
Efficiency
resulting in sales per employee of £43.1m, this is more efficient (£223.2k)
£43.1m - Idt Retail Europe Limited
£223.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Idt Retail Europe Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (44 days)
0 days - Idt Retail Europe Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Idt Retail Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Idt Retail Europe Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.3%, this is a higher level of debt than the average (64.4%)
73.3% - Idt Retail Europe Limited
64.4% - Industry AVG
IDT RETAIL EUROPE LIMITED financials
Idt Retail Europe Limited's latest turnover from July 2023 is £172.5 million and the company has net assets of £5.3 million. According to their latest financial statements, Idt Retail Europe Limited has 4 employees and maintains cash reserves of £426.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 172,481,508 | 185,204,482 | 96,239,049 | 2,760,932 | 5,099,576 | 5,717,039 | 8,782,206 | 10,536,482 | 12,631,355 | 18,227,801 | 27,773,621 | 24,175,059 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 144,180,797 | 154,984,331 | 80,150,367 | 2,011,275 | 4,263,774 | 4,843,091 | 6,971,614 | 9,396,559 | 11,545,872 | 17,514,128 | 25,857,175 | 23,953,654 |
| Gross Profit | 28,300,711 | 30,220,151 | 16,088,682 | 749,657 | 835,802 | 873,948 | 1,810,592 | 1,139,923 | 1,085,483 | 713,673 | 1,916,446 | 221,405 |
| Admin Expenses | 26,007,860 | 27,841,305 | 13,971,695 | 505,327 | -17,020,974 | 3,159,832 | 2,545,288 | 5,926,606 | 4,340,560 | 4,953,535 | 5,277,773 | 6,477,806 |
| Operating Profit | 2,292,851 | 2,378,846 | 2,116,987 | 244,330 | 17,856,776 | -2,285,884 | -734,696 | -4,786,683 | -3,255,077 | -4,239,862 | -3,361,327 | -6,256,401 |
| Interest Payable | 0 | 0 | 0 | 0 | 114,366 | 0 | 374,813 | 330,441 | 177,957 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 132,211 | 0 | 78 | 876 | 4,625 | 3,401 | 19 |
| Pre-Tax Profit | 2,292,851 | 2,378,846 | 2,144,259 | 14,054 | 17,742,410 | -2,153,673 | -1,109,509 | -5,117,046 | -3,432,158 | -4,235,237 | -3,357,926 | -6,256,382 |
| Tax | -59,203 | -428,998 | 4,718,077 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 2,233,648 | 1,949,848 | 6,862,336 | 14,054 | 17,742,410 | -2,153,673 | -1,109,509 | -5,117,046 | -3,432,158 | -4,235,237 | -3,357,926 | -6,256,382 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,233,648 | 1,949,848 | 6,862,336 | 14,054 | 17,742,410 | -2,153,673 | -1,109,509 | -5,117,046 | -3,432,158 | -4,235,237 | -3,357,926 | -6,256,382 |
| Employee Costs | 161,607 | 156,186 | 232,472 | 560,041 | 769,648 | 809,945 | 451,745 | 492,287 | 704,234 | 959,459 | 1,025,341 | 509,634 |
| Number Of Employees | 4 | 3 | 3 | 6 | 11 | 12 | 11 | 11 | 11 | 15 | 17 | 18 |
| EBITDA* | 2,292,851 | 2,378,846 | 2,116,987 | 244,330 | 17,856,776 | -2,285,884 | -734,696 | -4,786,683 | -3,254,992 | -4,239,124 | -3,358,986 | -3,872,829 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | 14,685 | 3,164 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 3,717,376 | 3,266,651 | 4,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,717,376 | 3,266,651 | 4,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | 14,685 | 3,164 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 3,059 | 0 | 174,007 | 199,389 | 209,094 | 474,066 | 669,865 | 1,133,331 | 2,766,305 | 5,294,435 |
| Group Debtors | 14,996,071 | 6,459,232 | 4,226,094 | 4,740,011 | 5,586,599 | 5,881,952 | 6,837,100 | 2,395,518 | 2,301,150 | 1,879,108 | 2,036,557 | 1,727,724 |
| Misc Debtors | 513,300 | 1,023,260 | 766,425 | 24,396 | 32,202 | 102,018 | 99,736 | 45,091 | 96,621 | 145,613 | 388,622 | 3,226,350 |
| Cash | 426,679 | 7,134,803 | 21,749,123 | 480,343 | 981,721 | 1,727,106 | 2,367,541 | 6,019,698 | 4,917,509 | 4,244,848 | 5,519,924 | 10,403,217 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,936,050 | 14,617,295 | 26,744,701 | 5,244,750 | 6,774,529 | 7,910,465 | 9,513,471 | 8,934,373 | 7,985,145 | 7,402,900 | 10,711,408 | 20,651,726 |
| total assets | 19,653,426 | 17,883,946 | 30,744,701 | 5,244,750 | 6,774,529 | 7,910,465 | 9,513,471 | 8,934,373 | 7,985,145 | 7,402,985 | 10,726,093 | 20,654,890 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 994 | 13,480 | 0 | 50,021 | 26,349 | 47,345 | 42,782 | 71,383 | 190,637 | 355,696 | 517,719 | 1,301,515 |
| Group/Directors Accounts | 3,609,971 | 4,021,506 | 13,921,920 | 10,417,692 | 11,464,115 | 14,174,157 | 25,355,736 | 7,259,354 | 7,300,298 | 15,401,902 | 12,389,693 | 17,056,154 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,790,874 | 10,831,021 | 15,754,690 | 571,282 | 1,092,364 | 1,328,207 | 1,585,923 | 2,453,041 | 2,672,758 | 3,383,710 | 5,321,767 | 6,442,381 |
| total current liabilities | 14,401,839 | 14,866,007 | 29,676,610 | 11,038,995 | 12,582,828 | 15,549,709 | 26,984,441 | 9,783,778 | 10,163,693 | 19,141,308 | 18,229,179 | 24,800,050 |
| loans | 0 | 0 | 0 | 0 | 0 | 15,911,465 | 3,926,066 | 19,438,122 | 12,991,933 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 15,911,465 | 3,926,066 | 19,438,122 | 12,991,933 | 0 | 0 | 0 |
| total liabilities | 14,401,839 | 14,866,007 | 29,676,610 | 11,038,995 | 12,582,828 | 31,461,174 | 30,910,507 | 29,221,900 | 23,155,626 | 19,141,308 | 18,229,179 | 24,800,050 |
| net assets | 5,251,587 | 3,017,939 | 1,068,091 | -5,794,245 | -5,808,299 | -23,550,709 | -21,397,036 | -20,287,527 | -15,170,481 | -11,738,323 | -7,503,086 | -4,145,160 |
| total shareholders funds | 5,251,587 | 3,017,939 | 1,068,091 | -5,794,245 | -5,808,299 | -23,550,709 | -21,397,036 | -20,287,527 | -15,170,481 | -11,738,323 | -7,503,086 | -4,145,160 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,292,851 | 2,378,846 | 2,116,987 | 244,330 | 17,856,776 | -2,285,884 | -734,696 | -4,786,683 | -3,255,077 | -4,239,862 | -3,361,327 | -6,256,401 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | 738 | 2,341 | 781 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,382,791 |
| Tax | -59,203 | -428,998 | 4,718,077 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,477,604 | 1,753,565 | 4,231,171 | -1,028,401 | -390,551 | -962,571 | 4,231,255 | -152,961 | -90,416 | -2,033,432 | -5,057,025 | 10,248,509 |
| Creditors | -12,486 | 13,480 | -50,021 | 23,672 | -20,996 | 4,563 | -28,601 | -119,254 | -165,059 | -162,023 | -783,796 | 1,301,515 |
| Accruals and Deferred Income | -40,147 | -4,923,669 | 15,183,408 | -521,082 | -235,843 | -257,716 | -867,118 | -219,717 | -710,952 | -1,938,057 | -1,120,614 | 6,442,381 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,296,589 | -4,713,906 | 17,737,280 | 775,321 | 17,990,488 | -1,576,466 | -5,861,670 | -4,972,693 | -4,040,587 | -4,305,772 | -206,371 | -6,377,442 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -411,535 | -9,900,414 | 3,504,228 | -1,046,423 | -2,710,042 | -11,181,579 | 18,096,382 | -40,944 | -8,101,604 | 3,012,209 | -4,666,461 | 17,056,154 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -15,911,465 | 11,985,399 | -15,512,056 | 6,446,189 | 12,991,933 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | -114,366 | 132,211 | -374,813 | -330,363 | -177,081 | 4,625 | 3,401 | 19 |
| cash flow from financing | -411,535 | -9,900,414 | 3,504,228 | -1,046,423 | -18,735,873 | 936,031 | 2,209,513 | 6,074,882 | 4,713,248 | 3,016,834 | -4,663,060 | 19,167,395 |
| cash and cash equivalents | ||||||||||||
| cash | -6,708,124 | -14,614,320 | 21,268,780 | -501,378 | -745,385 | -640,435 | -3,652,157 | 1,102,189 | 672,661 | -1,275,076 | -4,883,293 | 10,403,217 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,708,124 | -14,614,320 | 21,268,780 | -501,378 | -745,385 | -640,435 | -3,652,157 | 1,102,189 | 672,661 | -1,275,076 | -4,883,293 | 10,403,217 |
idt retail europe limited Credit Report and Business Information
Idt Retail Europe Limited Competitor Analysis
Perform a competitor analysis for idt retail europe limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in EC4N area or any other competitors across 12 key performance metrics.
idt retail europe limited Ownership
IDT RETAIL EUROPE LIMITED group structure
Idt Retail Europe Limited has no subsidiary companies.
Ultimate parent company
IDT CORPORATION INC
#0014709
IDT DUTCH HOLDINGS BV
#0033794
2 parents
IDT RETAIL EUROPE LIMITED
07888960
idt retail europe limited directors
Idt Retail Europe Limited currently has 2 directors. The longest serving directors include Mr Nicholas Ford (Dec 2015) and Mr Marcelo Fischer (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Ford | England | 59 years | Dec 2015 | - | Director |
| Mr Marcelo Fischer | England | 57 years | Oct 2019 | - | Director |
P&L
July 2023turnover
172.5m
-7%
operating profit
2.3m
-4%
gross margin
16.5%
+0.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
5.3m
+0.74%
total assets
19.7m
+0.1%
cash
426.7k
-0.94%
net assets
Total assets minus all liabilities
Similar Companies
idt retail europe limited company details
company number
07888960
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
December 2011
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON
address
c/- sable international, 5th flo, 18 st. swithin's lane, london, EC4N 8AD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
idt retail 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 did not find charges/mortgages relating to idt retail europe limited.
idt retail europe limited Companies House Filings - See Documents
| date | description | view/download |
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