Skip to content
CompanySight
Company No. 00816437 · Incorporated 20 Aug 1964

Eurospan Limited

Registered name: EUROSPAN LIMITED

Part of United Independent Distributors Ltd group

Eurospan Limited made £10.3m revenue and a £110k loss in the year to 30 Dec 2022.

Eurospan Limited’s revenue fell 10% to £10.3m in the year to 30 Dec 2022, with a loss of £110k and 35 employees. The company is classified under “wholesale of other intermediate products” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products
Status
In Administration
Location
London, London
Age
62 yrs · since 1964
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Dec 2022

Key figures

Capital-light
Revenue
£10.3m
Growth ▼9.8%
Profit
−£110k
Growth ▼117.4%
Profit margin
−1.1%
Gross 35.8%
Employees
35
Change ▼5.4%
Profit / employee
−£3.1k
Revenue/employee £295k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Dec 202130 Dec 2022
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.5m£10.3m
Cost of sales£7.1m£6.6m
Gross profit£4.3m£3.7m
Operating profit£604k−£67.9k
Profit before tax£625k−£116k
Profit after tax£633k−£110k
Profit (best available)£633k−£110k
Staff costs£1.4m£1.4m
Employees (average)3735
Ratios
Profit margin5.5%−1.1%
Gross margin37.6%35.8%
Revenue per employee£310k£295k
Profit per employee£17.1k−£3.1k
Growth (year on year)
Revenue growth—▼9.8%
Profit growth—▼117.4%
Headcount growth—▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1.1m£137k
Net assets£1.5m£1.4m
Fixed assets£191k£86.4k
Current assets£5.4m£4.6m
Debtors£1.6m£562k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023
Derived from the latest filing

How the business works

Profit margin
−1.1%
Profit ÷ revenue.
Gross margin
35.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£295k
Revenue ÷ average employees.
Profit per employee
−£3.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5.4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼7%
Now £1.4m
Cash at bank
▼88%
Now £137k
Headcount
▼5%
Now 35
Deferred income
—
Now —
Fixed assets
▼55%
Now £86.4k
Corporate ownership

Group structure

Ownership chain

  1. United Independent Distributors Ltdultimate parent75–100%
  2. Eurospan Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 30 Dec 2022 (profit −£110k), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.