Nixon Hire

OverviewSuggest Edit

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.
TypePrivate
Founded1967
HQNewcastle upon Tyne, GB
Websitenixonhire.co.uk
Employee Ratings3.4

Locations

Nixon Hire is headquartered in
Newcastle upon Tyne, United Kingdom

Location Map

Latest Updates

Employees (est.) (May 2020)225(-2%)
Revenue (FY, 2018)£64.2 M(+4%)

Nixon Hire Office Locations

Nixon Hire has offices in Newcastle upon Tyne, Ampthill, Appleton Thorn, Bristol and in 17 other locations
Newcastle upon Tyne, GB (HQ)
City West Business Park
Ampthill, GB
Ampthill Industrial Estate Station Rd
Appleton Thorn, GB
Lyncastle Rd
Bristol, GB
Victoria Rd, Avonmouth
Broxburn, GB
Unit 6, Greendykes Industrial Estate
Cannock, GB
Delta Way
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Nixon Hire Financials and Metrics

Summary Metrics

Founding Date

1967
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Nixon Hire Revenue

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Nixon Hire's revenue was reported to be £64.18 m in FY, 2018
GBP

Revenue (FY, 2018)

64.2m

Gross profit (FY, 2018)

21.4m

Gross profit margin (FY, 2018), %

33.3%

Net income (FY, 2018)

2.3m

EBIT (FY, 2018)

4.2m

Cash (31-Dec-2018)

80.0k
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

6.1m5.9m5.9m7.1m8.6m10.3m10.0m10.0m10.0m12.2m16.3m18.3m22.0m21.7m18.5m21.1m24.4m28.3m36.0m44.0m52.7m56.5m61.8m64.2m

Revenue growth, %

22%20%

Cost of goods sold

4.1m3.9m3.3m4.0m4.8m6.1m5.7m5.4m5.4m6.2m8.5m9.7m11.4m11.1m9.7m11.1m12.7m15.0m21.4m25.9m33.1m33.5m39.7m42.8m

Gross profit

1.9m2.0m2.6m3.1m3.8m4.2m4.3m4.6m4.6m6.0m7.8m8.6m10.6m10.7m8.8m9.9m11.8m13.2m14.6m18.1m19.6m23.0m22.1m21.4m
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

948.01.1k1.3k527.01.0k1.0k1.0k1.0k1.0k1.0k114.0k2.6k2.5k1.7k1.9k831.1k561.4k741.4k846.0k1.4m139.2k6.2k2.6k80.0k

Accounts Receivable

1.1m1.2m1.4m1.7m2.1m2.1m2.1m2.1m1.9m2.7m3.6m3.9m4.7m3.9m3.8m4.2m4.6m5.9m6.5m8.6m9.8m10.2m10.8m11.3m

Inventories

521.6k397.4k480.4k476.3k431.0k361.0k435.0k381.0k390.0k385.0k547.0k715.6k470.9k612.5k368.8k427.7k641.4k512.2k549.9k689.8k694.9k704.8k540.0k847.9k

Current Assets

1.7m1.7m2.0m2.3m2.8m2.7m2.7m2.6m2.5m3.2m4.5m4.9m5.5m4.8m4.6m5.7m6.1m7.6m8.5m11.1m11.2m12.2m12.1m13.4m
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, 2018

Revenue/Employee

321.2k

Debt/Equity

1.9 x

Debt/Assets

0.6 x

Financial Leverage

3.4 x
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Nixon Hire Online and Social Media Presence

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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 225 employees.

  • What is Nixon Hire revenue?

    Latest Nixon Hire annual revenue is £64.2 m.

  • What is Nixon Hire revenue per employee?

    Latest Nixon Hire revenue per employee is £285.3 k.

  • Who are Nixon Hire competitors?

    Competitors of Nixon Hire include Automotive Group, Prodrive and Lynch South West.

  • Where is Nixon Hire headquarters?

    Nixon Hire headquarters is located at City West Business Park, Newcastle upon Tyne.

  • Where are Nixon Hire offices?

    Nixon Hire has offices in Newcastle upon Tyne, Ampthill, Appleton Thorn, Bristol and in 17 other locations.

  • How many offices does Nixon Hire have?

    Nixon Hire has 23 offices.