3D European Holdings Limited
Registered name: 3D EUROPEAN HOLDINGS LIMITED
Part of 3d Systems Corporation group3D European Holdings Limited made £20.9m revenue and a £4.4m loss in the year to 31 Dec 2023. read from filing text
3D European Holdings Limited’s revenue grew 24% to £20.9m in the year to 31 Dec 2023, with a loss of £4.4m and 0 employees. The company is classified under “activities of head offices” and is based in Hemel Hempstead; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hemel Hempstead, South East
- Age
- 36 yrs · since 1990
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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. From the filing: “The company's immediate parent undertaking is 3D Systems Inc., a company incorporated in California, United States of America.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £8.6m | £16.8m | £20.9m |
| Operating profit | £110k | £1.8m | −£510k |
| Profit before tax | £18.6m | £2m | −£4.4m |
| Profit after tax | £18.5m | £1.6m | −£4.4m |
| Profit (best available) | £18.5m | £1.6m | −£4.4m |
| Employees (average) | — | 5 | 0 |
| Ratios | |||
| Profit margin | 215.9% | 9.7% | −20.9% |
| Revenue per employee | — | £3.4m | — |
| Profit per employee | — | £326k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲95.8% | ▲24.3% |
| Profit growth | — | ▼91.2% | ▼367.2% |
| Headcount growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £153k | £82k | £84k |
| Net assets | £79.9m | £142m | £137m |
| Current assets | £26.3m | £57.1m | £75.2m |
| Debtors | £26.1m | £57m | £75.1m |
| Deferred income | £24k | £18k | £20k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −20.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 359.4%
- Money owed by customers. Low = customers pay quickly.
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
- ▼3%
- Now £137m
- Cash at bank
- ▲2%
- Now £84k
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▲11%
- Now £20k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- 3d Systems Corporation (registered outside the UK register)ultimate parent75–100%
- 3D European Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- 3D Systems Europe LimitedRev. £13.4m · Profit −£1.6m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£4.4m), from the Companies House accounts bulk data published Nov 2024. 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.