
Company Number
09172026
Next Accounts
May 2025
Directors
Shareholders
adrian ianc
carlos kan dola
Group Structure
View All
Industry
Licensed Carriers
Registered Address
38 de montfort street, leicester, LE1 7GS
Website
www.europenetworkltd.co.ukPomanda estimates the enterprise value of EUROPE NETWORK LIMITED at £5.9m based on a Turnover of £11.9m and 0.5x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EUROPE NETWORK LIMITED at £3.2m based on an EBITDA of £814.6k and a 3.92x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EUROPE NETWORK LIMITED at £0 based on Net Assets of £-185.8k and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Europe Network Limited is a live company located in leicester, LE1 7GS with a Companies House number of 09172026. It operates in the other postal and courier activities sector, SIC Code 53201. Founded in August 2014, it's largest shareholder is adrian ianc with a 50% stake. Europe Network Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.9m with low growth in recent years.
Pomanda's financial health check has awarded Europe Network Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £11.9m, make it larger than the average company (£2m)
- Europe Network Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (9.1%)
- Europe Network Limited
9.1% - Industry AVG
Production
with a gross margin of 17.9%, this company has a comparable cost of product (17.9%)
- Europe Network Limited
17.9% - Industry AVG
Profitability
an operating margin of 3.6% make it more profitable than the average company (2.2%)
- Europe Network Limited
2.2% - Industry AVG
Employees
with 24 employees, this is above the industry average (16)
24 - Europe Network Limited
16 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)
- Europe Network Limited
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £496.2k, this is more efficient (£157k)
- Europe Network Limited
£157k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Europe Network Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (40 days)
- Europe Network Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is more than average (0 days)
- Europe Network Limited
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (11 weeks)
11 weeks - Europe Network Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.4%, this is a higher level of debt than the average (77.5%)
109.4% - Europe Network Limited
77.5% - Industry AVG
Europe Network Limited's latest turnover from August 2023 is estimated at £11.9 million and the company has net assets of -£185.8 thousand. According to their latest financial statements, Europe Network Limited has 24 employees and maintains cash reserves of £240 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
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 | 24 | 24 | 44 | 30 | 28 | 12 | 5 | 2 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,170,388 | 930,517 | 989,678 | 452,755 | 338,663 | 179,580 | 83,248 | 17,777 | |
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 1,170,388 | 930,517 | 989,678 | 452,755 | 338,663 | 179,580 | 83,248 | 17,777 | |
Stock & work in progress | 265,788 | 742,941 | 137,948 | 115,780 | 9,890 | 64,231 | 8,817 | ||
Trade Debtors | 294,351 | 114,454 | 91,880 | 37,674 | 25,118 | 1 | |||
Group Debtors | |||||||||
Misc Debtors | 304,423 | 331,070 | 12,746 | 700 | 22,421 | ||||
Cash | 240,000 | 103,577 | 419,847 | 65,801 | 7,512 | 17,988 | 47,259 | 5,539 | |
misc current assets | |||||||||
total current assets | 810,211 | 1,177,588 | 864,892 | 182,281 | 154,277 | 174,099 | 93,750 | 30,657 | 1 |
total assets | 1,980,599 | 2,108,105 | 1,854,570 | 635,036 | 492,940 | 353,679 | 176,998 | 48,434 | 1 |
Bank overdraft | 25,000 | 42,470 | 50,000 | 50,000 | 70,560 | ||||
Bank loan | |||||||||
Trade Creditors | 173,401 | 192,668 | 230,508 | 172,045 | 11,053 | 42,880 | 6,857 | 1,000 | |
Group/Directors Accounts | |||||||||
other short term finances | |||||||||
hp & lease commitments | 323,026 | 66,615 | 66,183 | 21,959 | 7,681 | 11,702 | |||
other current liabilities | 846,566 | 1,734,341 | 805,989 | 333,424 | 151,380 | 214,306 | 122,843 | 37,947 | |
total current liabilities | 1,044,967 | 1,969,479 | 1,409,523 | 622,084 | 299,176 | 279,145 | 137,381 | 50,649 | |
loans | 453,000 | ||||||||
hp & lease commitments | 363,392 | 54,088 | 131,862 | 31,634 | 16,874 | ||||
Accruals and Deferred Income | |||||||||
other liabilities | 668,407 | 627,571 | |||||||
provisions | |||||||||
total long term liabilities | 1,121,407 | 627,571 | 363,392 | 54,088 | 131,862 | 31,634 | 16,874 | ||
total liabilities | 2,166,374 | 2,597,050 | 1,772,915 | 676,172 | 431,038 | 310,779 | 154,255 | 50,649 | |
net assets | -185,775 | -488,945 | 81,655 | -41,136 | 61,902 | 42,900 | 22,743 | -2,215 | 1 |
total shareholders funds | -185,775 | -488,945 | 81,655 | -41,136 | 61,902 | 42,900 | 22,743 | -2,215 | 1 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 390,129 | 373,194 | 303,763 | 142,252 | 63,916 | 28,480 | 9,170 | 5,926 | |
Amortisation | |||||||||
Tax | |||||||||
Stock | -477,153 | 604,993 | 22,168 | 105,890 | -54,341 | 55,414 | 8,817 | ||
Debtors | -26,647 | 23,973 | 306,397 | -136,175 | 44,995 | 54,206 | 12,556 | 25,117 | 1 |
Creditors | -19,267 | -37,840 | 58,463 | 160,992 | -31,827 | 36,023 | 5,857 | 1,000 | |
Accruals and Deferred Income | -887,775 | 928,352 | 472,565 | 182,044 | -62,926 | 91,463 | 84,896 | 37,947 | |
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 | |||||||||
Other Short Term Loans | |||||||||
Long term loans | 453,000 | ||||||||
Hire Purchase and Lease Commitments | -686,418 | 565,715 | -77,342 | 144,452 | 29,038 | 12,853 | 11,702 | ||
other long term liabilities | 40,836 | 627,571 | |||||||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 136,423 | -316,270 | 354,046 | 58,289 | -10,476 | -29,271 | 41,720 | 5,539 | |
overdraft | -17,470 | -7,530 | -20,560 | 70,560 | |||||
change in cash | 153,893 | -308,740 | 354,046 | 78,849 | -81,036 | -29,271 | 41,720 | 5,539 |
Perform a competitor analysis for europe network limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in LE1 area or any other competitors across 12 key performance metrics.
EUROPE NETWORK LIMITED group structure
Europe Network Limited has no subsidiary companies.
Ultimate parent company
EUROPE NETWORK LIMITED
09172026
Europe Network Limited currently has 1 director, Mr Adrian Ianc serving since Aug 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Adrian Ianc | England | 51 years | Aug 2014 | - | Director |
P&L
August 2023turnover
11.9m
-73%
operating profit
424.5k
0%
gross margin
17.9%
+14.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-185.8k
-0.62%
total assets
2m
-0.06%
cash
240k
+1.32%
net assets
Total assets minus all liabilities
company number
09172026
Type
Private limited with Share Capital
industry
53201 - Licensed Carriers
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
VG & CO
auditor
-
address
38 de montfort street, leicester, LE1 7GS
Bank
-
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 found 3 charges/mortgages relating to europe network limited. Currently there are 1 open charges and 2 have been satisfied in the past.
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 EUROPE NETWORK LIMITED. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|