Microlease

OverviewSuggest Edit

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.
TypePrivate
Founded1979
HQHarrow, GB
Websitemicrolease.com
Employee Ratings2.6

Locations

Microlease is headquartered in
Harrow, United Kingdom

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Latest Updates

Employees (est.) (Nov 2020)123(-2%)
Revenue (FY, 2017)£49.7 M(-57%)
Cybersecurity ratingCMore

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 Revenue

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Microlease's revenue was reported to be £49.65 m in FY, 2017
GBP

Revenue (FY, 2017)

49.7m

Gross profit (FY, 2017)

16.4m

Gross profit margin (FY, 2017), %

33%

Net income (FY, 2017)

(1.9m)

EBIT (FY, 2017)

92.0k

Cash (31-Dec-2017)

1.6m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

11.1m11.1m11.9m16.0m35.0m37.2m18.7m16.8m17.3m17.2m18.9m20.0m22.7m29.8m48.2m60.4m84.3m79.8m88.4m116.5m49.7m

Revenue growth, %

11%32%

Cost of goods sold

3.4m3.6m3.8m5.2m17.0m22.7m34.6m8.6m8.9m8.7m9.2m10.5m12.3m17.8m30.1m39.1m66.6m62.3m66.1m77.6m33.3m

Gross profit

7.7m7.5m8.1m10.8m18.0m14.5m(15.9m)8.2m8.5m8.5m9.7m9.5m10.4m12.0m18.1m21.3m17.7m17.5m22.3m38.9m16.4m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.6m1.1m1.8m2.5m7.5m7.9m2.2m1.4m626.0k934.0k1.5m183.0k2.1m1.9m2.7m3.1m874.0k15.8m2.9m3.7m1.6m

Accounts Receivable

2.1m1.7m1.9m2.9m7.0m3.5m2.2m2.9m2.2m2.6m3.5m4.6m3.8m5.5m9.2m12.0m13.7m9.9m22.7m30.4m7.3m

Inventories

48.0k78.0k73.0k98.0k2.8m172.0k120.0k260.0k131.0k184.0k138.0k154.0k211.0k395.0k261.0k8.4m8.3m7.3m7.4m7.8m1.2m

Current Assets

4.6m3.8m4.0m5.8m19.5m12.1m6.9m6.6m5.0m5.7m7.1m8.0m9.0m10.3m20.6m25.9m24.7m41.8m33.0m41.9m50.0m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

770.0k588.0k333.0k1.2m6.1m2.0m(20.6m)1.4m1.5m1.7m2.7m3.6m3.2m2.8m5.5m5.2m2.5m2.1m(2.1m)2.8m(1.9m)

Dividends Paid

300.0k540.0k400.0k800.0k1.5m300.0k

Income Taxes Paid

(279.0k)(170.0k)1.1m
GBPFY, 1997

Debt/Equity

0.1 x

Financial Leverage

4.8 x
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Microlease Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

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Microlease Online and Social Media Presence

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Microlease Frequently Asked Questions

  • When was Microlease founded?

    Microlease was founded in 1979.

  • How many employees does Microlease have?

    Microlease has 123 employees.

  • What is Microlease revenue?

    Latest Microlease annual revenue is £49.7 m.

  • What is Microlease revenue per employee?

    Latest Microlease revenue per employee is £403.7 k.

  • Who are Microlease competitors?

    Competitors of Microlease include McGrath RentCorp, Electro Rent and Camgian Microsystems.

  • Where are Microlease offices?

    Microlease has an office in Harrow.

  • How many offices does Microlease have?

    Microlease has 1 office.