cube telecom europe holdings limited
cube telecom europe holdings limited Company Information
Company Number
12885958
Next Accounts
Sep 2025
Shareholders
cube telecom europe aggregator llc
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
6 chesterfield gardens, mayfair, london, W1J 5BQ
Website
-cube telecom europe holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CUBE TELECOM EUROPE HOLDINGS LIMITED at £707.9m based on a Turnover of £289.2m and 2.45x industry multiple (adjusted for size and gross margin).
cube telecom europe holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CUBE TELECOM EUROPE HOLDINGS LIMITED at £3.3b based on an EBITDA of £327.3m and a 10.23x industry multiple (adjusted for size and gross margin).
cube telecom europe holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CUBE TELECOM EUROPE HOLDINGS LIMITED at £827.8m based on Net Assets of £634.3m and 1.31x industry multiple (adjusted for liquidity).
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Cube Telecom Europe Holdings Limited Overview
Cube Telecom Europe Holdings Limited is a live company located in london, W1J 5BQ with a Companies House number of 12885958. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2020, it's largest shareholder is cube telecom europe aggregator llc with a 100% stake. Cube Telecom Europe Holdings Limited is a young, mega sized company, Pomanda has estimated its turnover at £289.2m with rapid growth in recent years.
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Cube Telecom Europe Holdings Limited Health Check
Pomanda's financial health check has awarded Cube Telecom Europe Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £289.2m, make it larger than the average company (£18.9m)
£289.2m - Cube Telecom Europe Holdings Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 32895%, show it is growing at a faster rate (10.5%)
- Cube Telecom Europe Holdings Limited
10.5% - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
36.3% - Cube Telecom Europe Holdings Limited
36.3% - Industry AVG
Profitability
an operating margin of 39.6% make it more profitable than the average company (4.5%)
39.6% - Cube Telecom Europe Holdings Limited
4.5% - Industry AVG
Employees
with 482 employees, this is above the industry average (105)
482 - Cube Telecom Europe Holdings Limited
105 - Industry AVG
Pay Structure
on an average salary of £74.8k, the company has a higher pay structure (£44.7k)
£74.8k - Cube Telecom Europe Holdings Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £600k, this is more efficient (£191.1k)
£600k - Cube Telecom Europe Holdings Limited
£191.1k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (45 days)
57 days - Cube Telecom Europe Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (44 days)
63 days - Cube Telecom Europe Holdings Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cube Telecom Europe Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Cube Telecom Europe Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.9%, this is a similar level of debt than the average (69.7%)
69.9% - Cube Telecom Europe Holdings Limited
69.7% - Industry AVG
CUBE TELECOM EUROPE HOLDINGS LIMITED financials
Cube Telecom Europe Holdings Limited's latest turnover from December 2023 is £289.2 million and the company has net assets of £634.3 million. According to their latest financial statements, Cube Telecom Europe Holdings Limited has 482 employees and maintains cash reserves of £20.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 289,200,399 | 269,079,877 | 79,695,370 | |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | 59,724,877 | 60,992,436 | 25,742,968 | |
| Interest Receivable | 10,657,468 | 517,828 | 64,041 | |
| Pre-Tax Profit | -116,789,959 | -150,795,445 | -84,694,937 | |
| Tax | 11,268,390 | 68,729,116 | 4,504,543 | |
| Profit After Tax | -105,521,569 | -82,066,329 | -80,190,394 | |
| Dividends Paid | ||||
| Retained Profit | -105,521,569 | -82,066,329 | -80,190,394 | |
| Employee Costs | 36,059,347 | 37,932,009 | 9,733,449 | |
| Number Of Employees | 482 | 441 | 422 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 1,096,741,750 | 1,119,766,437 | 1,697,548,248 | |
| Intangible Assets | 832,520,156 | 914,279,777 | 503,490,264 | |
| Investments & Other | 38,995,927 | 57,817,304 | 11,320,640 | |
| Debtors (Due After 1 year) | 102,483,584 | 59,101,487 | 5,786,239 | |
| Total Fixed Assets | 1,929,261,906 | 2,034,046,213 | 2,200,060,579 | |
| Stock & work in progress | ||||
| Trade Debtors | 45,485,828 | 34,384,507 | 34,451,752 | 1 |
| Group Debtors | 1,642,423 | |||
| Misc Debtors | 28,257,833 | 31,636,605 | 32,450,887 | |
| Cash | 20,078,962 | 17,745,823 | 100,707,918 | |
| misc current assets | 15,693,625 | 14,859,114 | ||
| total current assets | 180,736,431 | 120,811,238 | 171,740,372 | 1 |
| total assets | 2,109,998,337 | 2,154,857,451 | 2,371,800,951 | 1 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 31,815,310 | 37,437,453 | 40,197,317 | |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | 69,358,324 | 69,135,566 | 66,900,043 | |
| other current liabilities | 181,756,294 | 182,925,772 | 232,932,927 | |
| total current liabilities | 282,929,931 | 289,498,795 | 340,030,290 | |
| loans | 1,935,052,779 | 1,993,458,564 | 2,046,447,424 | |
| hp & lease commitments | 265,701,936 | 340,900,174 | 442,331,458 | |
| Accruals and Deferred Income | 159,490,482 | 96,936,248 | 84,387,710 | |
| other liabilities | ||||
| provisions | 131,506,938 | 155,982,045 | 260,810,037 | |
| total long term liabilities | 1,192,770,343 | 1,171,656,553 | 1,238,016,443 | |
| total liabilities | 1,475,700,274 | 1,461,155,348 | 1,578,046,733 | |
| net assets | 634,298,063 | 693,702,103 | 793,754,218 | 1 |
| total shareholders funds | 634,298,063 | 693,702,103 | 793,754,219 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 118,382,512 | 120,590,973 | 34,720,035 | |
| Amortisation | 94,466,794 | 102,283,268 | 30,208,567 | |
| Tax | 11,268,390 | 68,729,116 | 4,504,543 | |
| Stock | ||||
| Debtors | 52,747,070 | 52,433,721 | 72,688,877 | 1 |
| Creditors | -5,622,143 | -2,759,864 | 40,197,317 | |
| Accruals and Deferred Income | 61,384,756 | -37,458,617 | 317,320,637 | |
| Deferred Taxes & Provisions | -24,475,107 | -104,827,992 | 260,810,037 | |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -18,821,377 | 46,496,664 | 11,320,640 | |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | -58,405,785 | -52,988,860 | 2,046,447,424 | |
| Hire Purchase and Lease Commitments | -74,975,480 | -99,195,761 | 509,231,501 | |
| other long term liabilities | ||||
| share issue | ||||
| interest | -49,067,409 | -60,474,608 | -25,678,927 | |
| cash flow from financing | -136,331,145 | -230,645,016 | 3,403,944,610 | |
| cash and cash equivalents | ||||
| cash | 2,333,139 | -82,962,095 | 100,707,918 | |
| overdraft | ||||
| change in cash | 2,333,139 | -82,962,095 | 100,707,918 |
cube telecom europe holdings limited Credit Report and Business Information
Cube Telecom Europe Holdings Limited Competitor Analysis
Perform a competitor analysis for cube telecom europe holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in W1J area or any other competitors across 12 key performance metrics.
cube telecom europe holdings limited Ownership
CUBE TELECOM EUROPE HOLDINGS LIMITED group structure
Cube Telecom Europe Holdings Limited has 1 subsidiary company.
Ultimate parent company
CUBE TELECOM EUROPE AGGREGATOR LLC
#0127425
1 parent
CUBE TELECOM EUROPE HOLDINGS LIMITED
12885958
1 subsidiary
cube telecom europe holdings limited directors
Cube Telecom Europe Holdings Limited currently has 3 directors. The longest serving directors include Mr Maxime Jacqz (Sep 2021) and Ms Charlotte Walker (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Maxime Jacqz | England | 46 years | Sep 2021 | - | Director |
| Ms Charlotte Walker | United Kingdom | 40 years | Jan 2023 | - | Director |
| Mr Jaime Fernandez | England | 47 years | Sep 2023 | - | Director |
P&L
December 2023turnover
289.2m
+7%
operating profit
114.5m
0%
gross margin
36.4%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
634.3m
-0.09%
total assets
2.1b
-0.02%
cash
20.1m
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
cube telecom europe holdings limited company details
company number
12885958
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
hackremco (no. 2665) limited (October 2020)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
6 chesterfield gardens, mayfair, london, W1J 5BQ
Bank
-
Legal Advisor
-
cube telecom europe holdings 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 cube telecom europe holdings limited.
cube telecom europe holdings 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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cube telecom europe holdings limited Companies House Filings - See Documents
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