europcar securitifleet uk issuer plc
europcar securitifleet uk issuer plc Company Information
Company Number
13874783
Next Accounts
Jun 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Directors
Shareholders
securitifleet uk holdings limited
Group Structure
View All
Contact
Registered Address
10th floor 5 churchill place, london, E14 5HU
Website
-europcar securitifleet uk issuer plc Estimated Valuation
Pomanda estimates the enterprise value of EUROPCAR SECURITIFLEET UK ISSUER PLC at £17.8m based on a Turnover of £20.3m and 0.87x industry multiple (adjusted for size and gross margin).
europcar securitifleet uk issuer plc Estimated Valuation
Pomanda estimates the enterprise value of EUROPCAR SECURITIFLEET UK ISSUER PLC at £0 based on an EBITDA of £-1.9m and a 3.23x industry multiple (adjusted for size and gross margin).
europcar securitifleet uk issuer plc Estimated Valuation
Pomanda estimates the enterprise value of EUROPCAR SECURITIFLEET UK ISSUER PLC at £0 based on Net Assets of £-3.6m and 1.31x industry multiple (adjusted for liquidity).
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Europcar Securitifleet Uk Issuer Plc Overview
Europcar Securitifleet Uk Issuer Plc is a live company located in london, E14 5HU with a Companies House number of 13874783. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 2022, it's largest shareholder is securitifleet uk holdings limited with a 100% stake. Europcar Securitifleet Uk Issuer Plc is a startup, large sized company, Pomanda has estimated its turnover at £20.3m with unknown growth in recent years.
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Europcar Securitifleet Uk Issuer Plc Health Check
Pomanda's financial health check has awarded Europcar Securitifleet Uk Issuer Plc a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
3 Weak
Size
annual sales of £20.3m, make it larger than the average company (£5.5m)
£20.3m - Europcar Securitifleet Uk Issuer Plc
£5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Europcar Securitifleet Uk Issuer Plc
- - Industry AVG
Production
with a gross margin of -5.2%, this company has a higher cost of product (54%)
-5.2% - Europcar Securitifleet Uk Issuer Plc
54% - Industry AVG
Profitability
an operating margin of -9.2% make it less profitable than the average company (9.1%)
-9.2% - Europcar Securitifleet Uk Issuer Plc
9.1% - Industry AVG
Employees
with 91 employees, this is above the industry average (14)
- Europcar Securitifleet Uk Issuer Plc
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Europcar Securitifleet Uk Issuer Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £223.5k, this is equally as efficient (£224.3k)
- Europcar Securitifleet Uk Issuer Plc
£224.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Europcar Securitifleet Uk Issuer Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Europcar Securitifleet Uk Issuer Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Europcar Securitifleet Uk Issuer Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 368 weeks, this is more cash available to meet short term requirements (30 weeks)
368 weeks - Europcar Securitifleet Uk Issuer Plc
30 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 (70.1%)
101.2% - Europcar Securitifleet Uk Issuer Plc
70.1% - Industry AVG
EUROPCAR SECURITIFLEET UK ISSUER PLC financials
Europcar Securitifleet Uk Issuer Plc's latest turnover from December 2023 is £20.3 million and the company has net assets of -£3.6 million. According to their latest financial statements, we estimate that Europcar Securitifleet Uk Issuer Plc has 91 employees and maintains cash reserves of £13.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 20,341,934 | 5,786,700 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 21,400,444 | 5,885,310 |
| Gross Profit | -1,058,510 | -98,610 |
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | 0 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -1,204,079 | -810,802 |
| Tax | -1,410 | -570 |
| Profit After Tax | -1,205,489 | -811,372 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -1,205,489 | -811,372 |
| Employee Costs | 0 | 0 |
| Number Of Employees | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 297,278,167 | 295,339,016 |
| Cash | 13,078,966 | 12,647,321 |
| misc current assets | 1,846,381 | 7,491,816 |
| total current assets | 312,203,514 | 315,478,153 |
| total assets | 312,203,514 | 315,478,153 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 1,002,365 | 1,002,365 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 844,176 | 523,883 |
| total current liabilities | 1,846,541 | 1,526,248 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 313,972,392 | 312,173,389 |
| provisions | 0 | 0 |
| total long term liabilities | 313,972,392 | 312,173,389 |
| total liabilities | 315,818,933 | 313,699,637 |
| net assets | -3,615,419 | 1,778,516 |
| total shareholders funds | -3,615,419 | 1,778,516 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | -1,410 | -570 |
| Stock | 0 | 0 |
| Debtors | 1,939,151 | 295,339,016 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 320,293 | 523,883 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 1,002,365 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 1,799,003 | 312,173,389 |
| share issue | ||
| interest | 0 | 0 |
| cash flow from financing | -2,389,443 | 315,765,642 |
| cash and cash equivalents | ||
| cash | 431,645 | 12,647,321 |
| overdraft | 0 | 0 |
| change in cash | 431,645 | 12,647,321 |
europcar securitifleet uk issuer plc Credit Report and Business Information
Europcar Securitifleet Uk Issuer Plc Competitor Analysis
Perform a competitor analysis for europcar securitifleet uk issuer plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
europcar securitifleet uk issuer plc Ownership
EUROPCAR SECURITIFLEET UK ISSUER PLC group structure
Europcar Securitifleet Uk Issuer Plc has no subsidiary companies.
Ultimate parent company
2 parents
EUROPCAR SECURITIFLEET UK ISSUER PLC
13874783
europcar securitifleet uk issuer plc directors
Europcar Securitifleet Uk Issuer Plc currently has 1 director, Mr Oskari Tammenmaa serving since Oct 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Oskari Tammenmaa | England | 44 years | Oct 2024 | - | Director |
P&L
December 2023turnover
20.3m
+252%
operating profit
-1.9m
0%
gross margin
-5.2%
+205.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.6m
-3.03%
total assets
312.2m
-0.01%
cash
13.1m
+0.03%
net assets
Total assets minus all liabilities
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europcar securitifleet uk issuer plc company details
company number
13874783
Type
Public 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
January 2022
age
2
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
10th floor 5 churchill place, london, E14 5HU
Bank
-
Legal Advisor
-
europcar securitifleet uk issuer plc 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 found 1 charges/mortgages relating to europcar securitifleet uk issuer plc. Currently there are 1 open charges and 0 have been satisfied in the past.
europcar securitifleet uk issuer plc 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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europcar securitifleet uk issuer plc Companies House Filings - See Documents
| date | description | view/download |
|---|
