Telecom Plus PLC
ISIN: GB0008794710 | Ticker: TEP | LEI: 549300QGHDX5UKE58G86
Country: United Kingdom
Telecom Plus PLC is a well-established utility company in the United Kingdom. Founded in 1996, the company is a leading provider of gas, electricity, landline, broadband, and mobile services in the region. Telecom Plus is also commonly referred to as The Utility Warehouse since it presents a unique approach to the challenging task of supplying utility services in the UK market.
The company's business model is based on a unique approach, where it consolidates different utility services into one account for its customers. This arrangement allows them to enjoy a variety of utility services from a single source, which offers numerous benefits such as convenience, simplicity and better value.
Telecom Plus has slowly grown over the years, becoming a publicly traded company since 2000, and it has gained a reputation as a reliable and cost-effective service provider. The company consistently ranks highly in customer service reviews and has won numerous awards for its excellent services.
1996
Served areaUnited Kingdom
Headcount2,352
HeadquartersNetwork HQ, 508 Edgware Road, NW9 5AB London – United Kingdom
| Line item in (gbp) | 01.04.2020 | 01.04.2021 | 01.04.2022 |
|---|---|---|---|
| Assets | N/A | 462,664,000.00 | 465,785,000.00 |
| Noncurrent Assets | N/A | 237,985,000.00 | 223,540,000.00 |
| Property Plant And Equipment | N/A | 34,865,000.00 | 26,180,000.00 |
| Investment Property | N/A | 8,575,000.00 | 8,345,000.00 |
| Goodwill | N/A | 5,324,000.00 | 3,742,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 160,626,000.00 | 152,418,000.00 |
| Other Noncurrent Assets | N/A | 28,595,000.00 | 32,855,000.00 |
| Current Assets | N/A | 224,679,000.00 | 242,245,000.00 |
| Inventories | N/A | 6,325,000.00 | 4,152,000.00 |
| Trade And Other Current Receivables | N/A | 51,666,000.00 | 50,463,000.00 |
| Cash and cash equivalents | 43,611,000.00 | 25,056,000.00 | 30,359,000.00 |
| Cash | N/A | 25,056,000.00 | 29,647,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 0.00 | 3,838,000.00 |
| Equity | 221,952,000.00 | 212,378,000.00 | 205,573,000.00 |
| Issued Capital | N/A | 3,970,000.00 | 3,982,000.00 |
| Retained Earnings | N/A | 70,306,000.00 | 61,935,000.00 |
| Share Premium | N/A | 145,094,000.00 | 147,112,000.00 |
| Treasury Shares | N/A | 5,502,000.00 | 5,502,000.00 |
| Capital Redemption Reserve | N/A | 107,000.00 | 107,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 212,825,000.00 | 206,484,000.00 |
| Noncontrolling Interests | N/A | -447,000.00 | -911,000.00 |
| Noncurrent Liabilities | N/A | 97,617,000.00 | 101,059,000.00 |
| Deferred Tax Liabilities | N/A | 1,145,000.00 | 1,078,000.00 |
| Longterm Borrowings | N/A | 89,376,000.00 | 99,215,000.00 |
| Current Liabilities | N/A | 152,669,000.00 | 159,153,000.00 |
| Trade And Other Current Payables | N/A | 30,374,000.00 | 38,101,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | 7,551,000.00 |
| Line item in (gbp) | 01.04.2020/ 01.04.2021 |
01.04.2021/ 01.04.2022 |
|---|---|---|
| Revenue | 861,204,000.00 | 967,433,000.00 |
| Other Income | 1,175,000.00 | 1,844,000.00 |
| Profit Loss From Operating Activities | 45,788,000.00 | 50,920,000.00 |
| Finance Income | 84,000.00 | 136,000.00 |
| Finance Costs | 2,358,000.00 | 2,709,000.00 |
| Profit Loss Before Tax | 43,514,000.00 | 47,208,000.00 |
| Income Tax Expense Continuing Operations | 10,955,000.00 | 12,205,000.00 |
| Profit (loss) | 32,559,000.00 | 35,003,000.00 |
| Profit Loss Attributable To Owners Of Parent | 32,577,000.00 | 35,467,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -18,000.00 | -464,000.00 |
| Line item in (gbp) | 01.04.2020 | 01.04.2021 | 01.04.2022 |
|---|---|---|---|
| Profit (loss) | N/A | 32,559,000.00 | 35,003,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -1,694,000.00 | 2,173,000.00 |
| Adjustments For Sharebased Payments | N/A | 1,377,000.00 | 960,000.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -47,000.00 | -940,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 10,945,000.00 | 11,528,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 43,357,000.00 | 51,295,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 100,000.00 | 1,567,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 2,582,000.00 | 2,196,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 7,457,000.00 | 7,747,000.00 |
| Interest Received Classified As Investing Activities | N/A | 98,000.00 | 136,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -9,841,000.00 | -8,240,000.00 |
| Proceeds From Issuing Shares | N/A | 1,206,000.00 | 2,032,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 30,000,000.00 | 65,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 35,000,000.00 | 55,000,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,321,000.00 | 1,530,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 44,708,000.00 | 44,787,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 2,002,000.00 | 2,630,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -52,071,000.00 | -37,752,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -18,555,000.00 | 5,303,000.00 |
| Cash and cash equivalents | 43,611,000.00 | 25,056,000.00 | 30,359,000.00 |
Please note that some sums might not add up.
| Position Holder | Short Interest in Percent | Date |
|---|---|---|
| GLG Partners LP | 0.69% | 12.07.23 |
| GLG Partners LP | 0.62% | 30.10.23 |
| GLG Partners LP | 0.72% | 05.12.23 |
| GLG Partners LP | 0.58% | 03.10.23 |
| Total | 2.61% |
GB0008794710
LEI549300QGHDX5UKE58G86
SectorDiversified Telecommunication Services
Sub-IndustryIntegrated Telecommunication Services
Listed Stock ExchangeFTSE 250
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