The Microlease group is a total solutions provider for electronic Test Equipment, helping users deploy equipment when and where needed in the most cost-effective way. We help users minimise the cost of acquiring the right equipment at the right time, with applications advice and options including rental, rent-to-buy, leasing, finance or purchase. We assist them in optimising equipment with asset management services and maximising return after use with trade-in and disposal options. All of this saves time and money at every stage of the equipment’s lifecycle to make our customers become the most efficient users of Test Equipment and respond to their continuously evolving market needs. We’ve done this by using over 40 years of experience and combining our knowledge of industries, products, equipment management, and current test platforms. As a result, we have become the experts in Test Equipment management and have evolved into a global organisation with offices across Europe, the US, and Asia, supplying equipment to all the major names in the industry. For the last three years, industry research firm Frost and Sullivan has recognised us as the Global Company of the Year in the sector. The Microlease group includes both Microlease and Livingston. This combination means a strong technical expertise and understanding of industries such as aerospace and defence, automotive and transport, contract manufacturing, semiconductor and components, telecommunications, and general electronics. We have also built strong relationships with all the major Test Equipment manufacturers to offer equipment in innovative ways.
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Type
Private
HQ
Harrow, GB
Founded
1979
Size (employees)
205 (est)
Microlease was founded in 1979 and is headquartered in Harrow, GB
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Microlease Office Locations

Microlease has an office in Harrow
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Microlease Financials and Metrics

Summary Metrics

Founding Date

1979
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Microlease Financials

Microlease's revenue was reported to be £116.49 m in FY, 2016 which is a 31.8% increase from the previous period.
GBP

Revenue (FY, 2016)

116.5 m

Revenue growth (FY, 2015 - FY, 2016), %

31.8%

Gross profit (FY, 2016)

38.9 m

Gross profit margin (FY, 2016), %

33.4%

Net income (FY, 2016)

2.8 m

EBITDA (FY, 2016)

32.1 m

EBIT (FY, 2016)

4.5 m

Cash (29-Feb-2016)

3.7 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

18.9 m20 m22.7 m29.8 m48.2 m60.4 m84.3 m79.8 m88.4 m116.5 m

Revenue growth, %

11%32%

Cost of goods sold

9.2 m10.5 m12.3 m17.8 m30.1 m39.1 m66.6 m62.3 m66.1 m77.6 m

Gross profit

9.7 m9.5 m10.4 m12 m18.1 m21.3 m17.7 m17.5 m22.3 m38.9 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.5 m183 k2.1 m1.9 m2.7 m3.1 m874 k15.8 m2.9 m3.7 m

Accounts Receivable

3.5 m4.6 m3.8 m5.5 m9.2 m12 m13.7 m9.9 m22.7 m30.4 m

Inventories

138 k154 k211 k395 k261 k8.4 m8.3 m7.3 m7.4 m7.8 m

Current Assets

7.1 m8 m9 m10.3 m20.6 m25.9 m24.7 m41.8 m33 m41.9 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.7 m3.6 m3.2 m2.8 m5.5 m5.2 m2.5 m2.1 m(2.1 m)2.8 m

Income Taxes Paid

(279 k)(170 k)1.1 m
GBPY, 2016

Financial Leverage

5.4 x
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