artemis optical limited
artemis optical limited Company Information
Company Number
00514290
Next Accounts
Jun 2025
Shareholders
artemis optical (holdings) ltd
Group Structure
View All
Industry
Manufacture of optical precision instruments
Registered Address
1 western wood way, langage science park, plymouth, devon, PL7 5BG
Website
www.artemis-optical.co.ukartemis optical limited Estimated Valuation
Pomanda estimates the enterprise value of ARTEMIS OPTICAL LIMITED at £8.8m based on a Turnover of £6.5m and 1.36x industry multiple (adjusted for size and gross margin).
artemis optical limited Estimated Valuation
Pomanda estimates the enterprise value of ARTEMIS OPTICAL LIMITED at £0 based on an EBITDA of £-171k and a 8.34x industry multiple (adjusted for size and gross margin).
artemis optical limited Estimated Valuation
Pomanda estimates the enterprise value of ARTEMIS OPTICAL LIMITED at £1.7m based on Net Assets of £774k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Artemis Optical Limited Overview
Artemis Optical Limited is a live company located in plymouth, PL7 5BG with a Companies House number of 00514290. It operates in the manufacture of optical precision instruments sector, SIC Code 26701. Founded in December 1952, it's largest shareholder is artemis optical (holdings) ltd with a 100% stake. Artemis Optical Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.5m with rapid growth in recent years.
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Artemis Optical Limited Health Check
Pomanda's financial health check has awarded Artemis Optical Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £6.5m, make it smaller than the average company (£10.6m)
£6.5m - Artemis Optical Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (3.5%)
- Artemis Optical Limited
3.5% - Industry AVG
Production
with a gross margin of 74.8%, this company has a lower cost of product (47.4%)
74.8% - Artemis Optical Limited
47.4% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (7%)
-6.8% - Artemis Optical Limited
7% - Industry AVG
Employees
with 34 employees, this is below the industry average (62)
34 - Artemis Optical Limited
62 - Industry AVG
Pay Structure
on an average salary of £58.4k, the company has an equivalent pay structure (£59k)
£58.4k - Artemis Optical Limited
£59k - Industry AVG
Efficiency
resulting in sales per employee of £191.1k, this is more efficient (£146k)
£191.1k - Artemis Optical Limited
£146k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (46 days)
38 days - Artemis Optical Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (56 days)
103 days - Artemis Optical Limited
56 days - Industry AVG
Stock Days
it holds stock equivalent to 127 days, this is in line with average (141 days)
127 days - Artemis Optical Limited
141 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (18 weeks)
5 weeks - Artemis Optical Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.4%, this is a higher level of debt than the average (35.9%)
67.4% - Artemis Optical Limited
35.9% - Industry AVG
ARTEMIS OPTICAL LIMITED financials
Artemis Optical Limited's latest turnover from September 2023 is £6.5 million and the company has net assets of £774 thousand. According to their latest financial statements, Artemis Optical Limited has 34 employees and maintains cash reserves of £151 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,498,000 | 2,719,886 | 1,481,675 | 1,834,021 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,635,000 | 615,578 | 308,952 | 455,176 | ||||||||||
| Gross Profit | 4,863,000 | 2,104,308 | 1,172,723 | 1,378,845 | ||||||||||
| Admin Expenses | 5,306,000 | 2,073,280 | 1,275,339 | 1,416,272 | ||||||||||
| Operating Profit | -443,000 | 31,028 | -102,616 | -37,427 | ||||||||||
| Interest Payable | 149,000 | 16,745 | 59,534 | 22,240 | ||||||||||
| Interest Receivable | 12 | |||||||||||||
| Pre-Tax Profit | -592,000 | 14,283 | -162,138 | -59,667 | ||||||||||
| Tax | -10,000 | 52,069 | 31,577 | 19,039 | ||||||||||
| Profit After Tax | -602,000 | 66,352 | -130,561 | -40,628 | ||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -602,000 | 66,352 | -130,561 | -40,628 | ||||||||||
| Employee Costs | 1,985,000 | |||||||||||||
| Number Of Employees | 34 | 34 | 27 | 25 | 28 | 27 | 25 | 23 | ||||||
| EBITDA* | -171,000 | 193,323 | 20,783 | 133,680 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 465,000 | 1,376,610 | 699,857 | 621,773 | 646,750 | 572,038 | 437,802 | 468,577 | 523,047 | 586,174 | 744,295 | 893,750 | 948,552 | 827,480 |
| Intangible Assets | 68,000 | 91,670 | 89,784 | 96,951 | 113,686 | 110,032 | 103,210 | 67,023 | 26,801 | 1,953 | 1,601 | |||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 533,000 | 1,468,280 | 789,641 | 718,724 | 760,436 | 682,070 | 541,012 | 535,600 | 549,848 | 588,127 | 745,896 | 893,750 | 948,552 | 827,480 |
| Stock & work in progress | 572,000 | 541,692 | 558,163 | 459,660 | 478,846 | 489,073 | 346,134 | 326,642 | 220,468 | 225,674 | 215,241 | 315,166 | 337,943 | 432,534 |
| Trade Debtors | 688,000 | 683,879 | 780,902 | 623,894 | 839,012 | 649,560 | 441,323 | 724,290 | 367,033 | 254,872 | 510,320 | 681,227 | 753,560 | 1,160,685 |
| Group Debtors | 305,000 | 283,742 | 234,993 | 225,621 | 214,840 | 236,740 | 191,060 | 399,098 | 161,803 | 148,942 | ||||
| Misc Debtors | 125,000 | 411,968 | 141,913 | 142,488 | 127,472 | 114,681 | 225,620 | 160,493 | 127,381 | 196,172 | ||||
| Cash | 151,000 | 6,110 | 84,004 | 5,360 | 4,734 | 24,918 | 4,192 | 8,891 | 39,075 | 10,189 | 33,259 | 398,789 | 864,141 | 689,762 |
| misc current assets | ||||||||||||||
| total current assets | 1,841,000 | 1,927,391 | 1,799,975 | 1,457,023 | 1,664,904 | 1,514,972 | 1,208,329 | 1,619,414 | 915,760 | 835,849 | 758,820 | 1,395,182 | 1,955,644 | 2,282,981 |
| total assets | 2,374,000 | 3,395,671 | 2,589,616 | 2,175,747 | 2,425,340 | 2,197,042 | 1,749,341 | 2,155,014 | 1,465,608 | 1,423,976 | 1,504,716 | 2,288,932 | 2,904,196 | 3,110,461 |
| Bank overdraft | 16,876 | 4,039 | 15,712 | 15,384 | 171,045 | |||||||||
| Bank loan | 587,308 | 715,870 | 429,251 | 724,864 | 440,653 | 351,870 | 480,407 | |||||||
| Trade Creditors | 463,000 | 597,624 | 240,843 | 382,390 | 413,683 | 416,449 | 291,544 | 544,873 | 126,156 | 135,360 | 653,829 | 570,544 | 680,747 | 822,119 |
| Group/Directors Accounts | 721,000 | |||||||||||||
| other short term finances | 62,500 | 20,833 | 397,712 | 71,030 | 27,145 | |||||||||
| hp & lease commitments | 209,863 | 78,236 | 94,117 | 89,797 | 81,649 | 31,866 | 5,333 | |||||||
| other current liabilities | 192,000 | 521,218 | 338,979 | 335,921 | 309,586 | 268,070 | 111,770 | 97,669 | 121,941 | 150,802 | ||||
| total current liabilities | 1,376,000 | 1,978,513 | 1,394,761 | 1,241,679 | 1,554,806 | 1,210,860 | 802,762 | 1,143,666 | 645,809 | 528,237 | 653,829 | 570,544 | 707,892 | 822,119 |
| loans | 168,454 | 239,809 | 45,614 | 73,443 | 115,669 | 157,500 | 300,030 | 174,833 | 120,212 | 34,732 | 52,688 | |||
| hp & lease commitments | 585,696 | 133,913 | 124,254 | 90,604 | 99,702 | 37,510 | ||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 118,056 | 7,446 | ||||||||||||
| provisions | 224,000 | |||||||||||||
| total long term liabilities | 224,000 | 754,150 | 373,722 | 169,868 | 164,047 | 215,371 | 195,010 | 300,030 | 174,833 | 120,212 | 34,732 | 118,056 | 7,446 | 52,688 |
| total liabilities | 1,600,000 | 2,732,663 | 1,768,483 | 1,411,547 | 1,718,853 | 1,426,231 | 997,772 | 1,443,696 | 820,642 | 648,449 | 688,561 | 688,600 | 715,338 | 874,807 |
| net assets | 774,000 | 663,008 | 821,133 | 764,200 | 706,487 | 770,811 | 751,569 | 711,318 | 644,966 | 775,527 | 816,155 | 1,600,332 | 2,188,858 | 2,235,654 |
| total shareholders funds | 774,000 | 663,008 | 821,133 | 764,200 | 706,487 | 770,811 | 751,569 | 711,318 | 644,966 | 775,527 | 816,155 | 1,600,332 | 2,188,858 | 2,235,654 |
| Sep 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -443,000 | 31,028 | -102,616 | -37,427 | ||||||||||
| Depreciation | 218,000 | 148,180 | 124,404 | 104,755 | 91,782 | 83,201 | 125,168 | 152,097 | 123,399 | 171,107 | 184,455 | 182,374 | 158,026 | 134,428 |
| Amortisation | 54,000 | 29,266 | 25,821 | 16,735 | 11,924 | 38,815 | 67,358 | 10,198 | ||||||
| Tax | -10,000 | 52,069 | 31,577 | 19,039 | ||||||||||
| Stock | 30,308 | -16,471 | 98,503 | -19,186 | -10,227 | 142,939 | 19,492 | 326,642 | -5,206 | 10,433 | -99,925 | -22,777 | -94,591 | 432,534 |
| Debtors | -261,589 | 221,781 | 165,805 | -189,321 | 180,343 | 142,978 | -425,878 | 1,283,881 | 56,231 | 89,666 | -170,907 | -72,333 | -407,125 | 1,160,685 |
| Creditors | -134,624 | 356,781 | -141,547 | -31,293 | -2,766 | 124,905 | -253,329 | 544,873 | -9,204 | -518,469 | 83,285 | -110,203 | -141,372 | 822,119 |
| Accruals and Deferred Income | -329,218 | 182,239 | 3,058 | 26,335 | 41,516 | 156,300 | 14,101 | 97,669 | -28,861 | 150,802 | ||||
| Deferred Taxes & Provisions | 224,000 | |||||||||||||
| Cash flow from operations | -189,561 | -722,589 | -36,730 | -315,047 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -587,308 | -128,562 | 286,619 | -295,613 | 284,211 | 88,783 | -128,537 | 480,407 | ||||||
| Group/Directors Accounts | 721,000 | |||||||||||||
| Other Short Term Loans | -62,500 | 41,667 | 20,833 | 326,682 | 71,030 | -27,145 | 27,145 | |||||||
| Long term loans | -168,454 | -71,355 | 194,195 | -27,829 | -42,226 | -41,831 | -142,530 | 300,030 | 54,621 | 85,480 | 34,732 | -52,688 | 52,688 | |
| Hire Purchase and Lease Commitments | -795,559 | 583,410 | -6,222 | 37,970 | -950 | 111,975 | 64,043 | 5,333 | ||||||
| other long term liabilities | -118,056 | 110,610 | 7,446 | |||||||||||
| share issue | ||||||||||||||
| interest | -149,000 | -16,745 | -59,522 | -22,240 | ||||||||||
| cash flow from financing | -328,829 | 1,413,991 | 321,781 | 134,270 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 144,890 | -77,894 | 78,644 | 626 | -20,184 | 20,726 | -4,699 | 8,891 | 28,886 | -23,070 | -365,530 | -465,352 | 174,379 | 689,762 |
| overdraft | -16,876 | 12,837 | -11,673 | 328 | 15,384 | -171,045 | 171,045 | |||||||
| change in cash | 144,890 | -77,894 | 78,644 | 17,502 | -33,021 | 32,399 | -5,027 | -6,493 | 199,931 | -194,115 | -365,530 | -465,352 | 174,379 | 689,762 |
artemis optical limited Credit Report and Business Information
Artemis Optical Limited Competitor Analysis
Perform a competitor analysis for artemis optical limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in PL7 area or any other competitors across 12 key performance metrics.
artemis optical limited Ownership
ARTEMIS OPTICAL LIMITED group structure
Artemis Optical Limited has no subsidiary companies.
Ultimate parent company
2 parents
ARTEMIS OPTICAL LIMITED
00514290
artemis optical limited directors
Artemis Optical Limited currently has 2 directors. The longest serving directors include Mr Charles Peppiatt (Jul 2023) and Mr Christopher Jewell (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Peppiatt | United Kingdom | 55 years | Jul 2023 | - | Director |
| Mr Christopher Jewell | United Kingdom | 60 years | Jul 2023 | - | Director |
P&L
September 2023turnover
6.5m
0%
operating profit
-443k
0%
gross margin
74.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
774k
+0.17%
total assets
2.4m
-0.3%
cash
151k
+23.71%
net assets
Total assets minus all liabilities
artemis optical limited company details
company number
00514290
Type
Private limited with Share Capital
industry
26701 - Manufacture of optical precision instruments
incorporation date
December 1952
age
73
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
qioptiq coatings limited (October 2008)
thales optical coatings limited (April 2006)
See moreaccountant
-
auditor
-
address
1 western wood way, langage science park, plymouth, devon, PL7 5BG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
artemis optical limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 18 charges/mortgages relating to artemis optical limited. Currently there are 0 open charges and 18 have been satisfied in the past.
artemis optical limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ARTEMIS OPTICAL LIMITED. This can take several minutes, an email will notify you when this has completed.
artemis optical limited Companies House Filings - See Documents
| date | description | view/download |
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