Everbridge Europe Limited
Registered name: EVERBRIDGE EUROPE LIMITED
Part of Everbridge Inc groupEverbridge Europe Limited made £25.8m revenue and a £13m loss in the year to 31 Dec 2023.
Everbridge Europe Limited’s revenue grew 59% to £25.8m in the year to 31 Dec 2023, with a loss of £13m and 217 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 28 yrs · since 1998
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £16.3m | £25.8m |
| Cost of sales | £28.8k | £95.3k |
| Gross profit | £16.2m | £25.7m |
| Operating profit | −£17.7m | −£10.7m |
| Profit before tax | −£19.1m | −£12.9m |
| Profit after tax | −£19.2m | −£13m |
| Profit (best available) | −£19.2m | −£13m |
| Staff costs | £16.7m | £26.8m |
| Employees (average) | 142 | 217 |
| Ratios | ||
| Profit margin | −117.7% | −50.2% |
| Gross margin | 99.8% | 99.6% |
| Revenue per employee | £115k | £119k |
| Profit per employee | −£135k | −£59.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲58.7% |
| Headcount growth | — | ▲52.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.3m | £1.3m |
| Net assets | −£33.9m | −£43.3m |
| Fixed assets | £163k | £204k |
| Current assets | £32.4m | £55.3m |
| Debtors | £5.8m | £8.1m |
| Deferred income | £12.3m | £16.2m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- −50.2%
- Profit ÷ revenue.
- Gross margin
- 99.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £119k
- Revenue ÷ average employees.
- Profit per employee
- −£59.8k
- 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
- 62.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 31.5%
- 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
- —
- Now −£43.3m
- Cash at bank
- ▲7%
- Now £1.3m
- Headcount
- ▲53%
- Now 217
- Deferred income
- ▲31%
- Now £16.2m
- Fixed assets
- ▲25%
- Now £204k
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
- Everbridge Inc (registered outside the UK register)ultimate parent75–100%
- Everbridge Holdings Limited75–100%
- Everbridge Europe Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- The Anvil Group (International) LimitedRev. £10.6m · Profit −£27.9k
- CNL Software LimitedRev. £4.4m · Profit −£2.4m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£13m), from the Companies House accounts bulk data published Jul 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.