OverviewSuggest Edit

Nasstar plc does just one thing - delivers all your computing over the internet rather than using local 'on-premise' computers. In the same way the telephone and music is now being delivered over the internet, we are doing the same with computing. Our service is called Hosted Desktop and all you need is a web browser and internet connection and you can access a desktop computer with all your company data and applications including Email, Microsoft Office and other software. Its a really simple concept and Nasstar are a pioneer in this field, providing a radical alternative to traditional on-premise delivery - instead of using a local computer under your desk you use the internet. Nasstar work exclusively with our partners and are 100% channel focussed. Our partners take the service out to market under their own branding through the Nasstar White Label Hosted Desktop Partner Programme
TypePublic
Founded1998
HQUnit, GB
Websitenasstar.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Feb 2019)181
Revenue (FY, 2018)£25.7 M(+7%)

Key People/Management at Nasstar

Nigel Redwood

Nigel Redwood

CEO
Niki Redwood

Niki Redwood

CFO
David McCarthy

David McCarthy

Managing Director
Steve Brown

Steve Brown

Technical Director
Ed Armitage

Ed Armitage

Non-Executive Managing Director
Stephen Peak

Stephen Peak

Head of Continual Service Improvement
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Nasstar Office Locations

Nasstar has an office in Unit
Unit, GB (HQ)
Datapoint House
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Nasstar Financials and Metrics

Nasstar Revenue

Nasstar's revenue was reported to be £25.67 m in FY, 2018
GBP

Revenue (FY, 2018)

25.7m

Gross profit (FY, 2018)

16.6m

Gross profit margin (FY, 2018), %

64.7%

Net income (FY, 2018)

(984.0k)

EBITDA (FY, 2018)

5.2m

EBIT (FY, 2018)

(1.2m)

Cash (31-Dec-2018)

3.8m

EV

57.3m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

556.0k1.2m2.1m2.0m2.4m2.3m2.4m2.5m11.2m13.8m18.7m24.1m25.7m

Revenue growth, %

348%23%36%

Cost of goods sold

495.0k912.0k1.1m1.0m1.1m1.5m3.5m4.1m5.8m7.7m9.1m

Gross profit

1.6m1.1m1.2m1.3m1.3m961.0k7.7m9.7m12.9m16.4m16.6m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

48.0k58.0k65.0k400.0k5.0k814.0k513.0k314.0k908.0k1.6m3.0m5.1m3.8m

Accounts Receivable

72.0k239.0k279.0k229.0k290.0k307.0k371.0k284.0k1.1m1.1m3.0m2.5m2.9m

Inventories

9.0k10.0k9.0k68.0k71.0k

Current Assets

369.0k547.0k520.0k793.0k439.0k1.3m1.1m769.0k2.7m4.0m7.7m9.0m8.1m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(525.0k)(476.0k)(132.0k)(939.0k)(302.0k)(111.0k)(313.0k)(3.2m)(1.7m)(309.0k)(1.1m)(1.3m)(984.0k)

Cash From Operating Activities

477.0k(69.0k)135.0k(79.0k)(271.0k)253.0k111.0k(395.0k)375.0k2.1m3.2m6.1m4.0m

Dividends Paid

173.0k299.0k345.0k

Cash From Financing Activities

620.0k973.0k412.0k851.0k195.0k925.0k277.0k569.0k9.3m5.2m10.9m(2.2m)(2.6m)
GBPY, 2018

EV/EBITDA

11 x

EV/EBIT

-47.9 x

EV/CFO

14.4 x

Revenue/Employee

141.8k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
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Nasstar Revenue Breakdown

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Nasstar revenue breakdown by geographic segment: 95.0% from UK and 5.0% from Rest of the World

Nasstar Online and Social Media Presence

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Nasstar Blogs

Innovation and Growth on the Cards for New Nasstar Client

Nasstar has recently welcomed innovative fintech company, Shieldpay, to its growing customer base on a 3 year hosted desktop contract. Read more on the blog

When Outside Hackers Meet the Insider Threat: The Challenge of Cloud Misconfiguration

Cloud misconfiguration is one of the top threats facing businesses in 2019. Read our blog to find out how IT leaders can protect their data.

Reasons Why Financial Institutions Should Implement Hosted Desktops

As technology evolves, financial institutions are expected to embrace the disruption that technology brings. Find out why they need hosted desktops.

Get To Know... Matt Wellings - Technical Team Leader (Infrastructure)

As part of the Nasstar 'people series', hear from Matt Wellings, Technical Team Leader. Read more about his journey with the company on our blog.

5 Ways Managed IT Can Make Your Business More Profitable

Implementing managed IT into your business is a great way to support your staff & IT infrastructure, so that you can focus your efforts elsewhere.

Supporting our Customers this Summer

This July we supported ESOS with their annual fundraiser by donating a prize for their raffle. Read more on the Nasstar blog.
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Nasstar Frequently Asked Questions

  • When was Nasstar founded?

    Nasstar was founded in 1998.

  • Who are Nasstar key executives?

    Nasstar's key executives are Nigel Redwood, Niki Redwood and David McCarthy.

  • How many employees does Nasstar have?

    Nasstar has 181 employees.

  • What is Nasstar revenue?

    Latest Nasstar annual revenue is £25.7 m.

  • What is Nasstar revenue per employee?

    Latest Nasstar revenue per employee is £141.8 k.

  • Who are Nasstar competitors?

    Competitors of Nasstar include UKCloud, Typeform and Checkmarx.

  • Where is Nasstar headquarters?

    Nasstar headquarters is located at Datapoint House, Unit.

  • Where are Nasstar offices?

    Nasstar has an office in Unit.

  • How many offices does Nasstar have?

    Nasstar has 1 office.