Nixon Hire

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.
Company Growth (employees)
Type
Private
HQ
Tyne And Wear, GB
Founded
1967
Size (employees)
181 (est)+3%
Nixon Hire was founded in 1967 and is headquartered in Tyne and Wear, GB

Nixon Hire Office Locations

Nixon Hire has an office in Tyne and Wear

Nixon Hire Data and Metrics

Summary Metrics

Founding Date

1967

Nixon Hire Financial Metrics

Nixon Hire's revenue was reported to be £52.7 m in FY, 2015 which is a 20% increase from the previous period.
GBP

Revenue (FY, 2015)

52.7 m

Revenue growth (FY, 2014 - FY, 2015), %

20%

Gross profit (FY, 2015)

19.6 m

Gross profit margin (FY, 2015), %

37%

Net income (FY, 2015)

3.3 m

Cash (31-Dec-2015)

139.2 k
GBPFY, 2013FY, 2014FY, 2015

Revenue

36 m44 m52.7 m

Revenue growth, %

22%20%

Cost of goods sold

21.4 m25.9 m33.1 m

Gross profit

14.6 m18.1 m19.6 m

Gross profit Margin, %

41%41%37%

Operating expense total

11.5 m12.4 m14.3 m

Pre tax profit

2.4 m4.4 m3.9 m

Net Income

2.1 m3.5 m3.3 m
GBPFY, 2013FY, 2014FY, 2015

Cash

846 k1.4 m139.2 k

Accounts Receivable

6.5 m8.6 m9.8 m

Current Assets

8.5 m11.1 m11.2 m

PP&E

40.9 m52.4 m66.8 m

Goodwill

34.8 k

Total Assets

49.3 m63.6 m78 m

Accounts Payable

1.7 m4.9 m4 m

Current Liabilities

13.8 m21.9 m26.8 m

Retained Earnings

2.1 m3.1 m2.6 m

Total Equity

13.6 m16.9 m19.5 m

Financial Leverage

3.6 x3.8 x4 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

7.2 m12.6 m13.1 m

Cash From Financing Activities

(7 m)(12.1 m)(15.9 m)

Income Taxes Paid

(319.1 k)(935.8 k)(609.8 k)
Y, 2015

Financial Leverage

4 x

Nixon Hire Online and Social Media Presence

Nixon Hire Company Life and Culture

You may also be interested in