Wescot Credit Services
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Wescot Credit Services - overview
Established
1973
Location
Hull, -, UK
Primary Industry
Financial Services
About
Wescot Credit Services is based in Hull, UK and operates as a full service debt collection business.
Primary Industry
Financial Services
Sub Industries
Credit Collections & Services
Website
www.wescot.co.uk
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Wescot Credit Services - financials
| Fiscal Year Ended | Feb 28, 2010 | Feb 28, 2011 | Feb 29, 2012 | Feb 28, 2013 | Feb 28, 2014 | Feb 28, 2015 | Feb 29, 2016 | Feb 28, 2017 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 39,701,000 | 36,517,000 | 36,557,000 | 35,682,000 | 28,177,000 | 26,967,000 | 27,348,000 | 33,027,000 | 34,284,000 | 49,822,000 | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | (8.0%) | 0.1% | (2.4%) | (21.0%) | (4.3%) | 1.4% | 20.8% | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 5,338,000 | 5,935,000 | 6,830,000 | 8,827,000 | 3,366,000 | 3,555,000 | 2,915,000 | 4,771,000 | 7,468,000 | 8,216,000 | - | (2,000) | - | - | - | - |
| Operating Income (USD) | 1,667,000 | 2,351,000 | 3,148,000 | 4,966,000 | (206,000) | (143,000) | (1,044,000) | 1,003,000 | 4,129,000 | 4,278,000 | - | (2,000) | - | - | - | - |
| Operating Margin | 4.2% | 6.4% | 8.6% | 13.9% | (0.7%) | (0.5%) | (3.8%) | 3.0% | 12.0% | 8.6% | - | - | - | - | - | - |
| % EBITDA Margin | 13.4% | 16.3% | 18.7% | 24.7% | 11.9% | 13.2% | 10.7% | 14.4% | 21.8% | 16.5% | - | - | - | - | - | - |
| NET Income (USD) | (4,288,000) | (405,000) | 74,000 | 1,867,000 | (932,000) | (584,000) | (5,317,000) | (3,745,000) | 2,294,000 | 2,168,000 | (28,000) | (28,000) | (27,000) | - | - | - |
| % Net Margin | (10.8%) | (1.1%) | 0.2% | 5.2% | (3.3%) | (2.2%) | (19.4%) | (11.3%) | 6.7% | 4.4% | - | - | - | - | - | - |
Wescot Credit Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Wescot Credit Services | - | ||||||||
| N/A | Completed | 38 Cadogan Street | - | ||||||||
| Buyout | Completed | Wescot Credit Services | - |
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