Established in 1967, Nixon Hire is a family run business, employing over 400 people across our depot network. We utilise our purchasing power to bring you a wide selection of products from leading brand names at extremely competitive prices. When it comes to new or used construction plant equipment, look no further than Nixon Hire. We have one of the largest fleets of construction equipment in the UK with thousands of machines available for sale at any time. We only purchase equipment from leading manufacturers and all of our equipment is maintained by us to the highest standards. We are distributors for many of the leading brands of construction equipment including Volvo, Bomag and Thwaites. Apart from regular pre-hire checks, all equipment is serviced regularly and checked on site under our preventative maintenance programme. All wheeled equipment also undergoes our rigid Annual Major Inspection programme each year (similar to a vehicle MOT), ensuring equipment is safe for use. You can be sure that all of our equipment has been regularly serviced and maintained, taking the risk out of buying from an unknown source. Once we deliver equipment, whether new or used, our service doesn’t stop there. We offer a comprehensive maintenance service to ensure your equipment keeps on going.
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Employee Rating

4.5More
TypePrivate
HQTyne and Wear, GB
Founded1967
Size (employees)207 (est)
Websitenixonhire.co.uk
Nixon Hire was founded in 1967 and is headquartered in Tyne and Wear, GB
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Nixon Hire Office Locations

Nixon Hire has an office in Tyne and Wear
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Nixon Hire Financials and Metrics

Summary Metrics

Founding Date

1967

Nixon Hire Revenue

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Nixon Hire's revenue was reported to be £61.79 m in FY, 2017
GBP

Revenue (FY, 2017)

61.8m

Gross profit (FY, 2017)

22.1m

Gross profit margin (FY, 2017), %

35.8%

Net income (FY, 2017)

3.2m

EBITDA (FY, 2017)

18.6m

EBIT (FY, 2017)

5.2m

Cash (31-Dec-2017)

2.6k
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.1m5.9m5.9m7.1m8.6m10.3m10.0m10.0m10.0m12.2m16.3m18.3m22.0m21.7m18.5m21.1m24.4m28.3m36.0m44.0m52.7m56.5m61.8m

Revenue growth, %

22%20%

Cost of goods sold

4.1m3.9m3.3m4.0m4.8m6.1m5.7m5.4m5.4m6.2m8.5m9.7m11.4m11.1m9.7m11.1m12.7m15.0m21.4m25.9m33.1m33.5m39.7m

Gross profit

1.9m2.0m2.6m3.1m3.8m4.2m4.3m4.6m4.6m6.0m7.8m8.6m10.6m10.7m8.8m9.9m11.8m13.2m14.6m18.1m19.6m23.0m22.1m
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

948.01.1k1.3k527.01.0k1.0k1.0k1.0k1.0k1.0k114.0k2.6k2.5k1.7k1.9k831.1k561.4k741.4k846.0k1.4m139.2k6.2k2.6k

Accounts Receivable

1.1m1.2m1.4m1.7m2.1m2.1m2.1m2.1m1.9m2.7m3.6m3.9m4.7m3.9m3.8m4.2m4.6m5.9m6.5m8.6m9.8m10.2m10.8m

Inventories

521.6k397.4k480.4k476.3k431.0k361.0k435.0k381.0k390.0k385.0k547.0k715.6k470.9k612.5k368.8k427.7k641.4k512.2k549.9k689.8k694.9k704.8k540.0k

Current Assets

1.7m1.7m2.0m2.3m2.8m2.7m2.7m2.6m2.5m3.2m4.5m4.9m5.5m4.8m4.6m5.7m6.1m7.6m8.5m11.1m11.2m12.2m12.1m
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

749.017.8k98.9k921.8k505.0k272.0k736.0k356.0k214.0k814.0k761.0k714.6k1.2m787.4k(199.5k)529.2k1.4m1.6m2.1m3.5m3.3m4.9m3.2m

Cash From Operating Activities

1.1m1.4m1.2m1.2m3.7m747.0k3.6m2.2m2.7m3.2m4.7m8.4m4.0m5.5m5.7m6.5m5.0m7.2m12.6m13.1m17.9m15.9m

Dividends Paid

301.2k273.8k153.8k353.8k676.1k653.8k153.8k

Cash From Financing Activities

(274.8k)173.8k24.9k(854.5k)(980.0k)(1.6m)(2.6m)(2.6m)(1.9m)(2.5m)(4.8m)(4.5m)(3.4m)(5.6m)(3.5m)(6.4m)(4.5m)(7.0m)(12.1m)(15.9m)(17.1m)(22.1m)
GBPY, 2017

Revenue/Employee

345.1k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

3.3 x
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Nixon Hire Online and Social Media Presence

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Nixon Hire Company Life and Culture

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Nixon Hire Frequently Asked Questions

  • When was Nixon Hire founded?

    Nixon Hire was founded in 1967.

  • How many employees does Nixon Hire have?

    Nixon Hire has 207 employees.

  • What is Nixon Hire revenue?

    Latest Nixon Hire annual revenue is £61.8 m.

  • What is Nixon Hire revenue per employee?

    Latest Nixon Hire revenue per employee is £298.5 k.

  • Who are Nixon Hire competitors?

    Competitors of Nixon Hire include Ancaster Group, HGV Direct and Lynch South West.

  • Where are Nixon Hire offices?

    Nixon Hire has an office in Tyne and Wear.

  • How many offices does Nixon Hire have?

    Nixon Hire has 1 office.