uphold europe limited
uphold europe limited Company Information
Company Number
09281410
Next Accounts
Sep 2025
Shareholders
uphold ltd (formerly bitreserve ltd)
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
eastcastle house, 27/28 eastcastle street, london, W1W 8DH
Website
uphold.comuphold europe limited Estimated Valuation
Pomanda estimates the enterprise value of UPHOLD EUROPE LIMITED at £28.2m based on a Turnover of £13.7m and 2.06x industry multiple (adjusted for size and gross margin).
uphold europe limited Estimated Valuation
Pomanda estimates the enterprise value of UPHOLD EUROPE LIMITED at £0 based on an EBITDA of £-4.4m and a 7.1x industry multiple (adjusted for size and gross margin).
uphold europe limited Estimated Valuation
Pomanda estimates the enterprise value of UPHOLD EUROPE LIMITED at £0 based on Net Assets of £-1.8m and 1.31x industry multiple (adjusted for liquidity).
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Uphold Europe Limited Overview
Uphold Europe Limited is a live company located in london, W1W 8DH with a Companies House number of 09281410. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2014, it's largest shareholder is uphold ltd (formerly bitreserve ltd) with a 100% stake. Uphold Europe Limited is a established, mid sized company, Pomanda has estimated its turnover at £13.7m with rapid growth in recent years.
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Uphold Europe Limited Health Check
Pomanda's financial health check has awarded Uphold Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £13.7m, make it larger than the average company (£5.6m)
£13.7m - Uphold Europe Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 90%, show it is growing at a faster rate (4.9%)
90% - Uphold Europe Limited
4.9% - Industry AVG
Production
with a gross margin of 87.2%, this company has a lower cost of product (54%)
87.2% - Uphold Europe Limited
54% - Industry AVG
Profitability
an operating margin of -35.5% make it less profitable than the average company (9.1%)
-35.5% - Uphold Europe Limited
9.1% - Industry AVG
Employees
with 65 employees, this is above the industry average (14)
65 - Uphold Europe Limited
14 - Industry AVG
Pay Structure
on an average salary of £117.4k, the company has a higher pay structure (£82.9k)
£117.4k - Uphold Europe Limited
£82.9k - Industry AVG
Efficiency
resulting in sales per employee of £210.7k, this is equally as efficient (£223.8k)
£210.7k - Uphold Europe Limited
£223.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (33 days)
22 days - Uphold Europe Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 875 days, this is slower than average (46 days)
875 days - Uphold Europe Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Uphold 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 (29 weeks)
4 weeks - Uphold Europe Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.2%, this is a higher level of debt than the average (71.4%)
101.2% - Uphold Europe Limited
71.4% - Industry AVG
UPHOLD EUROPE LIMITED financials
Uphold Europe Limited's latest turnover from December 2023 is £13.7 million and the company has net assets of -£1.8 million. According to their latest financial statements, Uphold Europe Limited has 65 employees and maintains cash reserves of £13 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,693,653 | 14,360,721 | 28,189,454 | 1,997,410 | 222,061 | |||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 1,750,947 | 670,540 | 3,439,184 | 40,000 | 219,721 | |||||
| Gross Profit | 11,942,706 | 13,690,181 | 24,750,270 | 1,957,410 | 2,340 | |||||
| Admin Expenses | 16,801,794 | 20,379,868 | 17,621,906 | 1,095,607 | 2,340 | |||||
| Operating Profit | -4,859,088 | -6,689,687 | 7,128,364 | 861,803 | ||||||
| Interest Payable | 26,150 | |||||||||
| Interest Receivable | 8,358 | 4,728 | 28 | 147,153 | ||||||
| Pre-Tax Profit | -4,850,730 | -6,711,109 | 7,128,392 | 1,008,956 | ||||||
| Tax | 193,295 | -1,458,023 | -218,586 | |||||||
| Profit After Tax | -4,850,730 | -6,517,814 | 5,670,369 | 790,370 | ||||||
| Dividends Paid | ||||||||||
| Retained Profit | -4,850,730 | -6,517,814 | 5,670,369 | 790,370 | ||||||
| Employee Costs | 7,630,330 | 9,826,026 | 7,313,679 | 1,380,041 | 219,721 | |||||
| Number Of Employees | 65 | 47 | 58 | 28 | 5 | 2 | 1 | 1 | 1 | |
| EBITDA* | -4,430,839 | -6,261,438 | 7,589,332 | 861,803 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,074 | 34,379 | ||||||||
| Intangible Assets | 3,001,342 | 3,430,041 | 3,854,244 | 4,282,493 | ||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | 1,159,040 | 1,158,964 | 997,132 | 941,285 | ||||||
| Total Fixed Assets | 4,164,456 | 4,589,005 | 4,851,376 | 5,258,157 | ||||||
| Stock & work in progress | ||||||||||
| Trade Debtors | 829,849 | 395,172 | 315,063 | 33,648 | 1 | |||||
| Group Debtors | 14,006,148 | 8,307,877 | 130,244 | 5,769,493 | 13,035,061 | 3,087,599 | 65,821 | 65,821 | ||
| Misc Debtors | 114,169,111 | 47,931,608 | 617,115 | 179,891 | 65,098 | 483 | 1,719 | 1,719 | 1,719 | |
| Cash | 12,952,521 | 16,840,200 | 14,839,705 | 7,792,745 | 5,930,747 | 10,421,939 | 194,662 | 194,662 | 192,643 | |
| misc current assets | 167,431 | |||||||||
| total current assets | 141,957,629 | 73,642,288 | 15,902,127 | 13,775,777 | 19,030,906 | 13,510,021 | 262,202 | 262,202 | 194,362 | 1 |
| total assets | 146,122,085 | 78,231,293 | 20,753,503 | 19,033,934 | 19,030,906 | 13,510,021 | 262,202 | 262,202 | 194,362 | 1 |
| Bank overdraft | 150 | |||||||||
| Bank loan | ||||||||||
| Trade Creditors | 4,198,100 | 2,540,202 | 2,208,183 | 1,497,837 | 73,815 | 137,455 | ||||
| Group/Directors Accounts | 16,224,817 | 17,660,826 | 6,703,898 | 15,175,744 | 18,885,079 | 13,299,685 | 236,792 | 236,792 | 192,861 | |
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 126,755,634 | 53,882,911 | 2,730,943 | 678,077 | 29,794 | 52,885 | 25,409 | 25,409 | 1,500 | |
| total current liabilities | 147,178,701 | 74,083,939 | 11,643,024 | 17,351,658 | 18,988,688 | 13,490,025 | 262,201 | 262,201 | 194,361 | |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 756,174 | 720,088 | 760,000 | 840,000 | ||||||
| provisions | ||||||||||
| total long term liabilities | 756,174 | 720,088 | 760,000 | 840,000 | ||||||
| total liabilities | 147,934,875 | 74,804,027 | 12,403,024 | 18,191,658 | 18,988,688 | 13,490,025 | 262,201 | 262,201 | 194,361 | |
| net assets | -1,812,790 | 3,427,266 | 8,350,479 | 842,276 | 42,218 | 19,996 | 1 | 1 | 1 | 1 |
| total shareholders funds | -1,812,790 | 3,427,266 | 8,350,479 | 842,276 | 42,218 | 19,996 | 1 | 1 | 1 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -4,859,088 | -6,689,687 | 7,128,364 | 861,803 | ||||||
| Depreciation | 32,719 | |||||||||
| Amortisation | 428,249 | 428,249 | 428,249 | |||||||
| Tax | 193,295 | -1,458,023 | -218,586 | |||||||
| Stock | ||||||||||
| Debtors | 72,370,527 | 55,734,067 | -4,864,763 | -6,175,842 | 10,012,077 | 3,020,542 | 65,821 | 65,821 | 1,718 | 1 |
| Creditors | 1,657,898 | 332,019 | 710,346 | 1,424,022 | -63,640 | 137,455 | ||||
| Accruals and Deferred Income | 72,872,723 | 51,151,968 | 2,052,866 | 648,283 | -23,091 | 27,476 | 23,909 | 23,909 | 1,500 | |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -2,270,745 | -10,318,223 | 13,759,284 | 8,891,364 | -218 | |||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -1,436,009 | 10,956,928 | -8,471,846 | -3,709,335 | 5,585,394 | 13,062,893 | 43,931 | 43,931 | 192,861 | |
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | 36,086 | -39,912 | -80,000 | 840,000 | ||||||
| share issue | ||||||||||
| interest | 8,358 | -21,422 | 28 | 147,153 | ||||||
| cash flow from financing | -1,780,891 | 12,490,195 | -6,713,984 | -2,712,494 | 192,861 | |||||
| cash and cash equivalents | ||||||||||
| cash | -3,887,679 | 2,000,495 | 7,046,960 | 1,861,998 | -4,491,192 | 10,227,277 | 2,019 | 2,019 | 192,643 | |
| overdraft | 150 | |||||||||
| change in cash | -3,887,829 | 2,000,495 | 7,046,960 | 1,861,998 | -4,491,192 | 10,227,277 | 2,019 | 2,019 | 192,643 |
uphold europe limited Credit Report and Business Information
Uphold Europe Limited Competitor Analysis
Perform a competitor analysis for uphold europe limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in W1W area or any other competitors across 12 key performance metrics.
uphold europe limited Ownership
UPHOLD EUROPE LIMITED group structure
Uphold Europe Limited has 1 subsidiary company.
Ultimate parent company
UPHOLD LTD
#0119769
1 parent
UPHOLD EUROPE LIMITED
09281410
1 subsidiary
uphold europe limited directors
Uphold Europe Limited currently has 3 directors. The longest serving directors include Mr Simon McLoughlin (Feb 2018) and Mr Alistair Morrison (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon McLoughlin | United Kingdom | 58 years | Feb 2018 | - | Director |
| Mr Alistair Morrison | United Kingdom | 69 years | Apr 2019 | - | Director |
| Mr Kevin Ludwick | United Kingdom | 61 years | Nov 2021 | - | Director |
P&L
December 2023turnover
13.7m
-5%
operating profit
-4.9m
-27%
gross margin
87.3%
-8.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.8m
-1.53%
total assets
146.1m
+0.87%
cash
13m
-0.23%
net assets
Total assets minus all liabilities
uphold europe limited company details
company number
09281410
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
br services europe limited (October 2015)
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
eastcastle house, 27/28 eastcastle street, london, W1W 8DH
Bank
-
Legal Advisor
-
uphold 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 uphold europe limited.
uphold 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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uphold europe limited Companies House Filings - See Documents
| date | description | view/download |
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