fiserv solutions (europe) limited

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fiserv solutions (europe) limited Company Information

Share FISERV SOLUTIONS (EUROPE) LIMITED

Company Number

IE323655

Shareholders

first data global services limited

paysys international inc

Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

10 hanover quay, ireland

fiserv solutions (europe) limited Estimated Valuation

€985.5m

Pomanda estimates the enterprise value of FISERV SOLUTIONS (EUROPE) LIMITED at €985.5m based on a Turnover of €404.7m and 2.43x industry multiple (adjusted for size and gross margin).

fiserv solutions (europe) limited Estimated Valuation

€2.7b

Pomanda estimates the enterprise value of FISERV SOLUTIONS (EUROPE) LIMITED at €2.7b based on an EBITDA of €300.3m and a 8.84x industry multiple (adjusted for size and gross margin).

fiserv solutions (europe) limited Estimated Valuation

€659.7m

Pomanda estimates the enterprise value of FISERV SOLUTIONS (EUROPE) LIMITED at €659.7m based on Net Assets of €535m and 1.23x industry multiple (adjusted for liquidity).

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Fiserv Solutions (europe) Limited Overview

Fiserv Solutions (europe) Limited is a live company. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2000, it's largest shareholder is first data global services limited with a 99.6% stake. Fiserv Solutions (europe) Limited is a mature, mega sized company, Pomanda has estimated its turnover at €404.7m with rapid growth in recent years.

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Fiserv Solutions (europe) Limited Health Check

Pomanda's financial health check has awarded Fiserv Solutions (Europe) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of €404.7m, make it larger than the average company (€5.5m)

€404.7m - Fiserv Solutions (europe) Limited

€5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (5%)

55% - Fiserv Solutions (europe) Limited

5% - Industry AVG

production

Production

with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)

54.3% - Fiserv Solutions (europe) Limited

54.3% - Industry AVG

profitability

Profitability

an operating margin of 50.4% make it more profitable than the average company (9%)

50.4% - Fiserv Solutions (europe) Limited

9% - Industry AVG

employees

Employees

with 469 employees, this is above the industry average (14)

469 - Fiserv Solutions (europe) Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of €73.6k, the company has an equivalent pay structure (€82.7k)

€73.6k - Fiserv Solutions (europe) Limited

€82.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of €862.9k, this is more efficient (€221.7k)

€862.9k - Fiserv Solutions (europe) Limited

€221.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (33 days)

13 days - Fiserv Solutions (europe) Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (45 days)

8 days - Fiserv Solutions (europe) Limited

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fiserv Solutions (europe) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is average cash available to meet short term requirements (29 weeks)

27 weeks - Fiserv Solutions (europe) Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.3%, this is a lower level of debt than the average (71.4%)

46.3% - Fiserv Solutions (europe) Limited

71.4% - Industry AVG

FISERV SOLUTIONS (EUROPE) LIMITED financials

EXPORTms excel logo

Fiserv Solutions (Europe) Limited's latest turnover from December 2023 is €404.7 million and the company has net assets of €535 million. According to their latest financial statements, Fiserv Solutions (Europe) Limited has 469 employees and maintains cash reserves of €55.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover404,711,347284,703,367207,418,491109,554,71493,260,24266,775,15766,690,24763,819,618
Other Income Or Grants
Cost Of Sales185,094,114124,915,53686,705,46446,992,95739,741,58028,485,48628,135,68724,742,375
Gross Profit219,617,233159,787,831120,713,02762,561,75753,518,66238,289,67138,554,56039,077,243
Admin Expenses15,652,20548,723,46811,086,03124,964,9749,293,37013,582,2889,509,9944,845,603
Operating Profit203,965,028111,064,363109,626,99637,596,78344,225,29224,707,38329,044,56634,231,640
Interest Payable6,908,1841,555,49589,177
Interest Receivable375,1571,602,37337,99337,13813,457
Pre-Tax Profit203,253,222112,475,156113,414,65140,546,17045,827,66524,745,37629,081,70434,245,097
Tax-19,795,223-14,123,894-14,270,260-1,958,213-5,454,791-3,737,145-3,339,722-3,732,495
Profit After Tax183,457,99998,351,26299,144,39138,587,95740,372,87421,008,23125,741,98230,512,602
Dividends Paid5,000,0009,000,00036,000,000
Retained Profit183,457,99998,351,26299,144,39138,587,95740,372,87416,008,23116,741,982-5,487,398
Employee Costs34,531,71246,144,72338,652,18522,573,50824,854,48421,603,42418,321,74516,213,934
Number Of Employees469509491349301273197165
EBITDA*300,346,112178,864,009132,043,98856,661,44147,637,78827,650,21631,534,24136,858,006

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets18,710,46653,876,6658,882,5819,652,20211,944,3668,257,6162,810,4871,001,166
Intangible Assets543,206,094389,510,565200,518,75840,436,72442,728,48314,289,0589,977,0455,675,700
Investments & Other11,549,459240,001111122
Debtors (Due After 1 year)3,284,118
Total Fixed Assets573,466,019443,627,231209,401,34050,088,92754,672,85022,546,67512,787,5346,676,868
Stock & work in progress
Trade Debtors14,557,053206,919,36020,650,35718,091,64620,714,61019,002,37516,768,51813,521,736
Group Debtors338,066,686113,359,106112,578,99464,172,11731,531,22120,196,50515,579,076
Misc Debtors14,180,3464,433,4573,060,5043,189,3222,631,4201,550,490727,927
Cash55,524,3733,903,736578,936302,991457,6331,558,0167,126,5184,014,882
misc current assets756,283486,354
total current assets422,328,458215,256,553137,648,903134,162,95387,975,78054,813,53446,398,31434,329,975
total assets995,794,477658,883,784347,050,243184,251,880142,648,63077,360,20959,185,84841,006,843
Bank overdraft
Bank loan
Trade Creditors 4,319,1274,165,2242,193,684241,0792,723,3292,498,2883,788,9941,857,586
Group/Directors Accounts90,228,63014,431,30158,957,7408,942,0481,798,2931,623,1023,874,3073,345,328
other short term finances
hp & lease commitments2,634,231675,785627,0141,223,1341,185,853
other current liabilities6,620,96119,578,5877,103,6432,838,9132,957,7023,577,0181,261,6471,899,048
total current liabilities103,802,94938,850,89768,882,08113,245,1748,665,1777,698,4088,924,9487,101,962
loans308,917,035227,400,467133,940,53020,681,40120,669,000
hp & lease commitments42,336,15944,153,8252,941,4963,449,7124,672,846
Accruals and Deferred Income4,257,4273,627,6564,695,1324,339,6534,606,2535,913,8624,421,7654,807,728
other liabilities1,453,7181,547,0891,638,4161,727,7431,815,1141,900,573
provisions
total long term liabilities356,964,339276,729,037143,215,57430,198,50931,763,2137,814,4354,421,7654,807,728
total liabilities460,767,288315,579,934212,097,65543,443,68340,428,39015,512,84313,346,71311,909,690
net assets535,027,189343,303,850134,952,588140,808,197102,220,24061,847,36645,839,13529,097,153
total shareholders funds535,027,189343,303,850134,952,588140,808,197102,220,24061,847,36645,839,13529,097,153
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit203,965,028111,064,363109,626,99637,596,78344,225,29224,707,38329,044,56634,231,640
Depreciation2,816,0561,465,5352,868,3792,506,9642,563,929932,961487,950673,675
Amortisation93,565,02866,334,11119,548,61316,557,694848,5672,009,8722,001,7251,952,691
Tax-19,795,223-14,123,894-14,270,260-1,958,213-5,454,791-3,737,145-3,339,722-3,732,495
Stock
Debtors158,735,38674,282,8503,210,00546,341,81534,262,62914,740,0058,686,77429,828,739
Creditors153,9031,971,5401,952,605-2,482,250225,041-1,290,7061,931,4081,857,586
Accruals and Deferred Income-12,327,85511,407,4684,620,209-385,389-1,926,9253,807,468-1,023,3646,706,776
Deferred Taxes & Provisions
Cash flow from operations109,641,551103,836,273121,136,5375,493,7746,218,48411,689,82820,415,78911,861,134
Investing Activities
capital expenditure-214,910,414-301,785,537-181,729,405-14,480,735-35,538,671-12,701,975-8,600,341-9,303,232
Change in Investments11,309,458240,000-12
cash flow from investments-226,219,872-302,025,537-181,729,405-14,480,735-35,538,671-12,701,974-8,600,341-9,303,234
Financing Activities
Bank loans
Group/Directors Accounts75,797,329-44,526,43950,015,6927,143,755175,191-2,251,205528,9793,345,328
Other Short Term Loans
Long term loans81,516,56893,459,937113,259,12912,40120,669,000
Hire Purchase and Lease Commitments140,78041,261,100-1,104,336-1,185,8535,858,699
other long term liabilities-93,371-91,327-89,327-87,371-85,4591,900,573
share issue8,265,340110,000,000-105,000,00034,584,551
interest-6,908,184-1,555,495-89,177375,1571,602,37337,99337,13813,457
cash flow from financing158,718,462198,547,77656,991,9816,258,08928,219,804-312,639566,11737,943,336
cash and cash equivalents
cash51,620,6373,324,800275,945-154,642-1,100,383-5,568,5023,111,6364,014,882
overdraft
change in cash51,620,6373,324,800275,945-154,642-1,100,383-5,568,5023,111,6364,014,882

fiserv solutions (europe) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fiserv Solutions (europe) Limited Competitor Analysis

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Perform a competitor analysis for fiserv solutions (europe) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in Region Area area or any other competitors across 12 key performance metrics.

fiserv solutions (europe) limited Ownership

FISERV SOLUTIONS (EUROPE) LIMITED group structure

Fiserv Solutions (Europe) Limited has 1 subsidiary company.

Ultimate parent company

FISERV FUNDING LLC

#0174107

2 parents

FISERV SOLUTIONS (EUROPE) LIMITED

IE323655

1 subsidiary

FISERV SOLUTIONS (EUROPE) LIMITED Shareholders

first data global services limited 99.56%
paysys international inc 0.44%

fiserv solutions (europe) limited directors

Fiserv Solutions (Europe) Limited currently has 9 directors. The longest serving directors include PETER IAN MULQUEEN (Apr 2016) and Nigel Motyer (Jan 2021).

officercountryagestartendrole
PETER IAN MULQUEEN56 years Apr 2016- Director
Nigel Motyer59 years Jan 2021- Director
John Power56 years Jan 2021- Director
Kateryna Karpova48 years Jan 2021- Director
Janice Von Bulow62 years Jan 2021- Director
Edward Storey46 years May 2023- Director
Colm O'Donaill50 years May 2023- Director
Mairead McIlkenny51 years Jun 2024- Director
DeeDee Cooney56 years Jun 2024- Director

P&L

December 2023

turnover

404.7m

+42%

operating profit

204m

+84%

gross margin

54.3%

-3.31%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

535m

+0.56%

total assets

995.8m

+0.51%

cash

55.5m

+13.22%

net assets

Total assets minus all liabilities

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fiserv solutions (europe) limited company details

company number

IE323655

Type

LTD - PRIVATE COMPANY LIMITED BY SHARES

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

March 2000

age

25

incorporated

IE

ultimate parent company

FISERV FUNDING LLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

omnipay limited (March 2000)

accountant

-

auditor

DELOITTE IRELAND LLP

address

10 hanover quay, ireland

Bank

ALLIED IRISH BANKS PLC

Legal Advisor

MATHESON

fiserv solutions (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 fiserv solutions (europe) limited.

fiserv solutions (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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fiserv solutions (europe) limited Companies House Filings - See Documents

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