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Company No. 01963645 · Incorporated 22 Nov 1985

Euro Equipment Limited

Registered name: EURO EQUIPMENT LIMITED

Euro Equipment Limited made £14.8m revenue and £588k profit in the year to 31 Dec 2024.

Euro Equipment Limited’s revenue grew 21% to £14.8m in the year to 31 Dec 2024, with £588k profit and 20 employees. The company is classified under “wholesale of mining, construction and civil engineering machinery” and is based in Swansea; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46630Wholesale of mining, construction and civil engineering machinery
Status
Active
Location
Swansea, Wales
Age
40 yrs · since 1985
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed
Revenue
£14.8m
Growth ▲20.6%
Profit
£588k
Growth ▼38.9%
Profit margin
4%
Gross 13.7%
Employees
20
Change ▲17.6%
Profit / employee
£29.4k
Revenue/employee £740k
Profitable streak
2yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£12.3m£14.8m
Cost of sales—£10.1m£12.8m
Gross profit—£2.1m£2m
Operating profit—£1.3m£829k
Profit before tax—£1.3m£824k
Profit after tax—£963k£588k
Profit (best available)—£963k£588k
Staff costs—£873k£1.2m
Employees (average)131720
Ratios
Profit margin—7.8%4%
Gross margin—17.3%13.7%
Revenue per employee—£722k£740k
Profit per employee—£56.6k£29.4k
Cash conversion—228.9%−108.2%
Growth (year on year)
Revenue growth——▲20.6%
Profit growth——▼38.9%
Headcount growth—▲30.8%▲17.6%
Balance sheet — indirect signals, not revenue
Cash at bank£675k£2.3m£922k
Net assets£4.3m£5.3m£5.9m
Fixed assets£257k£1.6m£1.9m
Current assets£7.5m£8m£7.5m
Debtors£1m£918k£456k
Deferred income£129k£99.6k£191k
Cash from operations—£3m−£897k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
4%
Profit ÷ revenue.
Gross margin
13.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£740k
Revenue ÷ average employees.
Profit per employee
£29.4k
Profit ÷ average employees.
Cash conversion
−108.2%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
12.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
3.1%
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
▲11%
Now £5.9m
Cash at bank
▼60%
Now £922k
Headcount
▲18%
Now 20
Deferred income
▲92%
Now £191k
Fixed assets
▲19%
Now £1.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £588k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

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