Microlease

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.
Company Growth (employees)
Type
Private
HQ
Harrow, GB
Founded
1979
Size (employees)
219 (est)+2%
Microlease was founded in 1979 and is headquartered in Harrow, GB

Microlease Office Locations

Microlease has an office in Harrow

Microlease Data and Metrics

Summary Metrics

Founding Date

1979

Microlease Financial Metrics

Microlease's revenue was reported to be £116.5 m in FY, 2016 which is a 32% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

116.5 m

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

32%

Gross profit (FY, 2016)

38.9 m

Gross profit margin (FY, 2016), %

33%

Net income (FY, 2016)

2.8 m

Cash (29-Feb-2016)

3.7 m
FY, 2014FY, 2015FY, 2016

Revenue

79.8 m88.4 m116.5 m

Revenue growth, %

11%32%

Cost of goods sold

62.3 m66.1 m77.6 m

Gross profit

17.5 m22.3 m38.9 m

Gross profit Margin, %

22%25%33%

Operating expense total

13.7 m22.2 m34.4 m

Pre tax profit

2.4 m(2 m)1.6 m

Net Income

2.1 m(2.1 m)2.8 m
FY, 2014FY, 2015FY, 2016

Cash

15.8 m2.9 m3.7 m

Accounts Receivable

9.9 m22.7 m30.4 m

Current Assets

41.8 m33 m41.9 m

PP&E

39.9 m78.6 m77.5 m

Goodwill

5.3 m18.1 m15 m

Total Assets

87 m129.7 m134.4 m

Accounts Payable

5.7 m42.9 m36.3 m

Current Liabilities

30.1 m42.9 m36.3 m

Retained Earnings

2.1 m(2.1 m)2.8 m

Total Equity

20.3 m19.6 m24.9 m

Financial Leverage

4.3 x6.6 x5.4 x
FY, 2014FY, 2015FY, 2016

Income Taxes Paid

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

Financial Leverage

5.4 x

Microlease Online and Social Media Presence

Microlease Company Life and Culture

You may also be interested in