Pomanda estimates the enterprise value of SONDER EUROPE LTD at £22.8m based on a Turnover of £20.5m and 1.11x industry multiple (adjusted for size and gross margin).
sonder europe ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SONDER EUROPE LTD at £0 based on an EBITDA of £-24.5m and a 5.3x industry multiple (adjusted for size and gross margin).
sonder europe ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SONDER EUROPE LTD at £0 based on Net Assets of £-46.8m and 2.2x industry multiple (adjusted for liquidity).
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Sonder Europe LtdOverview
Sonder Europe Ltd is a live company located in london, EC2N 2AX with a Companies House number of 10796186. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in May 2017, it's largest shareholder is
sonder group b.v
with a 100% stake. Sonder Europe Ltd is a young,
large sized company, Pomanda has estimated its turnover at
£20.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Sonder Europe Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £20.5m, make it larger than the average company (£2.2m)
£20.5m - Sonder Europe Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (12.7%)
6% - Sonder Europe Ltd
12.7% - Industry AVG
Production
with a gross margin of 60.9%, this company has a comparable cost of product (60.9%)
60.9% - Sonder Europe Ltd
60.9% - Industry AVG
Profitability
an operating margin of -126.7% make it less profitable than the average company (8.5%)
-126.7% - Sonder Europe Ltd
8.5% - Industry AVG
Employees
with 110 employees, this is above the industry average (20)
110 - Sonder Europe Ltd
20 - Industry AVG
Pay Structure
on an average salary of £59.8k, the company has a higher pay structure (£42.2k)
£59.8k - Sonder Europe Ltd
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £186.7k, this is more efficient (£114.1k)
£186.7k - Sonder Europe Ltd
£114.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sonder Europe Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (49 days)
0 days - Sonder Europe Ltd
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sonder Europe Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - Sonder Europe Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 285.6%, this is a higher level of debt than the average (62.1%)
285.6% - Sonder Europe Ltd
62.1% - Industry AVG
SONDER EUROPE LTD financials
EXPORT
Sonder Europe Ltd's latest turnover from December 2023 is £20.5 million and the company has net assets of -£46.8 million. According to their latest financial statements, Sonder Europe Ltd has 110 employees and maintains cash reserves of £420.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Turnover
20,537,392
3,695,353
3,075,107
17,058,892
13,944,067
2,805,082
Other Income Or Grants
Cost Of Sales
8,041,105
1,281,047
1,069,355
6,064,469
4,708,502
1,065,832
Gross Profit
12,496,287
2,414,306
2,005,752
10,994,423
9,235,565
1,739,250
Admin Expenses
38,520,645
29,309,131
12,743,908
30,043,829
15,501,209
4,383,514
Operating Profit
-26,024,358
-26,894,825
-10,738,156
-19,049,406
-6,265,644
-2,644,264
Interest Payable
3,465,616
1,266,346
949,886
3,454,208
65,802
Interest Receivable
Pre-Tax Profit
-26,745,267
-32,648,714
-12,579,621
-21,276,016
-6,231,524
-2,623,113
Tax
Profit After Tax
-26,745,267
-32,648,714
-12,579,621
-21,276,016
-6,231,524
-2,623,113
Dividends Paid
Retained Profit
-26,745,267
-32,648,714
-12,579,621
-21,276,016
-6,231,524
-2,623,113
Employee Costs
6,574,104
7,267,543
4,579,836
2,345,291
545,535
Number Of Employees
110
112
90
106
16
16
EBITDA*
-24,451,414
-25,900,722
-9,744,053
-7,609,933
-5,987,696
-2,553,064
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Tangible Assets
40,881,045
926,449
433,337
Intangible Assets
3,414,807
994,103
1,988,206
2,982,309
3,976,412
Investments & Other
8,858
8,858
Debtors (Due After 1 year)
44,644
51,494
16,184,857
150,428
148,438
Total Fixed Assets
3,414,807
1,038,747
2,039,700
43,863,354
4,902,861
433,337
Stock & work in progress
Trade Debtors
5,274
287,758
359,282
Group Debtors
21,049,937
14,708,079
21,136,250
10,307,486
55,784
Misc Debtors
327,642
302,655
594,130
319,028
1,637,472
327,608
Cash
420,344
938,593
150,212
907,098
1,010,775
707,282
misc current assets
total current assets
21,797,923
15,949,327
21,880,592
1,231,400
13,243,491
1,449,956
total assets
25,212,730
16,988,074
23,920,292
45,094,754
18,146,352
1,883,293
Bank overdraft
Bank loan
Trade Creditors
7,871
52,089
1,550
145,447
282,275
399,496
Group/Directors Accounts
45,299,848
64,219,496
47,588,804
other short term finances
hp & lease commitments
13,235,613
other current liabilities
339,473
176,917
437,052
30,513,669
9,030,524
3,936,704
total current liabilities
45,647,192
64,448,502
48,027,406
43,894,729
9,312,799
4,336,200
loans
26,356,442
27,352,559
18,708,320
63,175,028
34,654,822
hp & lease commitments
11,146,104
Accruals and Deferred Income
other liabilities
360,778
170,205
provisions
total long term liabilities
26,356,442
27,352,559
18,708,320
31,587,514
17,688,189
170,205
total liabilities
72,003,634
91,801,061
66,735,726
75,482,243
27,000,988
4,506,405
net assets
-46,790,904
-74,812,987
-42,815,434
-30,387,489
-8,854,636
-2,623,112
total shareholders funds
-46,790,904
-74,812,987
-42,815,434
-30,387,489
-8,854,636
-2,623,112
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Operating Activities
Operating Profit
-26,024,358
-26,894,825
-10,738,156
-19,049,406
-6,265,644
-2,644,264
Depreciation
10,445,370
277,948
91,200
Amortisation
1,572,944
994,103
994,103
994,103
Tax
Stock
Debtors
6,322,201
-6,726,496
5,272,715
4,126,015
11,492,032
891,112
Creditors
-44,218
50,539
-143,897
-136,828
-117,221
399,496
Accruals and Deferred Income
162,556
-260,135
-30,076,617
21,483,145
5,093,820
3,936,704
Deferred Taxes & Provisions
Cash flow from operations
-30,655,277
-19,383,822
-45,237,282
9,610,369
-12,503,129
892,024
Investing Activities
capital expenditure
-3,993,648
40,881,045
-50,399,966
-4,747,472
-524,537
Change in Investments
-8,858
8,858
cash flow from investments
-3,993,648
40,881,045
-50,391,108
-4,747,472
-533,395
Financing Activities
Bank loans
Group/Directors Accounts
-18,919,648
16,630,692
47,588,804
Other Short Term Loans
Long term loans
-996,117
8,644,239
-44,466,708
28,520,206
34,654,822
Hire Purchase and Lease Commitments
-24,381,717
24,381,717
other long term liabilities
-360,778
190,573
170,205
share issue
54,767,350
651,161
151,676
-256,837
1
interest
-3,465,616
-1,266,346
-949,886
-3,454,208
-65,802
cash flow from financing
31,385,969
24,659,746
-22,057,831
48,830,100
34,779,593
170,206
cash and cash equivalents
cash
-518,249
788,381
-756,886
-103,677
303,493
707,282
overdraft
change in cash
-518,249
788,381
-756,886
-103,677
303,493
707,282
sonder europe ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sonder europe ltd. Get real-time insights into sonder europe ltd's credit score, group structure and payment trends.
Perform a competitor analysis for sonder europe ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
sonder europe ltd Ownership
SONDER EUROPE LTD group structure
Sonder Europe Ltd has no subsidiary companies.
Ultimate parent company
SONDER GROUP BV
#0131513
1 parent
SONDER EUROPE LTD
10796186
SONDER EUROPE LTD Shareholders
The sole shareholder of Sonder Europe Ltd is Sonder Group B.V.
sonder group b.v
100%
sonder europe ltd directors
Sonder Europe Ltd currently has 4 directors.
The longest serving directors include
Mr David Watt (Sep 2019) and
Mr Philip Rothenberg (Sep 2019).
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
SONDER GROUP BV
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PKF LITTLEJOHN LLP
address
1 bartholomew lane, london, EC2N 2AX
Bank
BARCLAYS BANK PLC
Legal Advisor
-
sonder europe ltd 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 sonder europe ltd.
sonder europe ltd 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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sonder europe ltdCompanies House Filings - See Documents
