Optima Manufacturing Jewellers Ltd

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optima manufacturing jewellers ltd Company Information

Live

MatureMidHealthy

Company Number

00903768

Next Accounts

Jun 2025

Industry

Manufacture of jewellery and related articles

Directors

Russell Ambrose

Shareholders

russell keith ambrose

russell keith ambrose & sarah jane turnbull

Group Structure

View All

Contact

Registered Address

96 bristol road, edgbaston, birmingham, west midlands, B5 7XJ

Website

www.optimajewellery.co.uk

optima manufacturing jewellers ltd Estimated Valuation

£4.9m

Pomanda estimates the enterprise value of OPTIMA MANUFACTURING JEWELLERS LTD at £4.9m based on a Turnover of £5.8m and 0.84x industry multiple (adjusted for size and gross margin).

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Optima Manufacturing Jewellers Ltd is a live company located in birmingham, B5 7XJ with a Companies House number of 00903768. It operates in the manufacture of jewellery and related articles sector, SIC Code 32120. Founded in April 1967, it's largest shareholder is russell keith ambrose with a 100% stake. Optima Manufacturing Jewellers Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with healthy growth in recent years.

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Pomanda's financial health check has awarded Optima Manufacturing Jewellers Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £5.8m, make it smaller than the average company (£8.8m)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.7%)

EXPORT

Optima Manufacturing Jewellers Ltd's latest turnover from September 2023 is estimated at £5.8 million and the company has net assets of -£2.9 million. According to their latest financial statements, Optima Manufacturing Jewellers Ltd has 50 employees and maintains cash reserves of £19.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	5,848,102	5,475,807	5,730,227	4,375,993	5,311,727	5,345,501	9,825,671	10,000,110	11,204,141	12,896,209	15,062,791	14,001,354	17,608,961	20,215,367
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,646,528	3,467,004	3,790,724	2,734,239	3,313,217	3,170,393	7,355,163	8,237,589	9,395,181	10,509,158	12,811,759	12,314,283	14,767,513	16,439,557
Gross Profit	2,201,575	2,008,804	1,939,503	1,641,753	1,998,510	2,175,107	2,470,508	1,762,521	1,808,960	2,387,051	2,251,032	1,687,071	2,841,448	3,775,810
Admin Expenses	2,505,391	1,823,052	1,841,229	1,762,494	3,402,715	1,727,922	2,160,705	2,206,429	2,470,754	2,820,924	2,843,189	2,475,830	2,860,043	2,791,271
Operating Profit	-303,816	185,752	98,274	-120,741	-1,404,205	447,185	309,803	-443,908	-661,794	-433,873	-592,157	-788,759	-18,595	984,539
Interest Payable	0	0	36	36	0	8,987	164,257	154,950	162,966	44,545	10,161	12,127	32,842	64,007
Interest Receivable	5,427	3,743	92	136	1,493	471	148	0	0	0	0	0	0	0
Pre-Tax Profit	-298,389	189,495	98,330	-120,641	-1,402,712	438,669	145,694	-598,858	-824,760	-478,418	-602,318	-800,886	-51,437	920,532
Tax	0	-36,004	-18,683	0	0	-83,347	0	-90,174	0	0	0	90,174	0	0
Profit After Tax	-298,389	153,491	79,647	-120,641	-1,402,712	355,322	145,694	-689,032	-824,760	-478,418	-602,318	-710,712	-51,437	920,532
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-298,389	153,491	79,647	-120,641	-1,402,712	355,322	145,694	-689,032	-824,760	-478,418	-602,318	-710,712	-51,437	920,532
Employee Costs	1,970,428	1,980,937	1,962,280	1,967,742	2,387,796	1,970,614	1,357,795	1,215,998	1,175,150	1,332,936	1,345,984	876,219	855,737	819,159
Number Of Employees	50	54	59	63	77	65	73	76	78	88	83	58	52	50
EBITDA*	-246,665	234,647	153,789	-17,486	-1,329,963	513,199	385,959	-357,054	-380,104	118,182	-46,901	-242,617	508,743	1,515,235

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	435,289	445,859	397,034	439,455	455,433	479,615	541,926	606,050	618,514	611,468	535,799	515,898	330,849	272,145
Intangible Assets	0	0	0	0	0	0	0	0	0	194,250	660,450	1,126,650	1,592,850	2,059,050
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	435,289	445,859	397,034	439,455	455,433	479,615	541,926	606,050	618,514	805,718	1,196,249	1,642,548	1,923,699	2,331,195
Stock & work in progress	1,167,542	1,563,011	1,407,487	1,993,429	2,151,178	2,744,379	3,222,485	3,290,147	4,128,331	4,528,712	4,941,091	5,591,345	6,062,455	5,595,187
Trade Debtors	608,813	693,981	944,449	668,452	547,039	688,326	1,074,118	694,799	477,112	826,906	1,429,814	2,343,701	2,995,853	2,045,782
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	40,153	41,920	40,888	18,139	127,875	92,022	97,693	104,553	183,292	132,159	221,040	174,878	103,647	162,578
Cash	19,537	187,204	145,483	38,279	233,849	164,315	24,205	423,314	46,145	417,231	3,133	105,970	167,939	704
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,836,045	2,486,116	2,538,307	2,718,299	3,059,941	3,689,042	4,418,501	4,512,813	4,834,880	5,905,008	6,595,078	8,215,894	9,329,894	7,804,251
total assets	2,271,334	2,931,975	2,935,341	3,157,754	3,515,374	4,168,657	4,960,427	5,118,863	5,453,394	6,710,726	7,791,327	9,858,442	11,253,593	10,135,446
Bank overdraft	0	0	0	1,183	0	0	276,531	0	0	0	308,783	0	224,876	243,525
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	358,673	437,040	364,798	129,540	940,505	864,119	503,337	945,283	628,131	842,607	1,097,328	883,441	685,003	676,755
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	982,790	677,528	3,105,221	3,598,211	2,444,279
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	1,430,859	1,291,635	1,314,339	1,653,908	815,381	222,500	538,830	835,316	948,225	326,634	670,575	230,349	395,360	369,307
total current liabilities	1,789,532	1,728,675	1,679,137	1,784,631	1,755,886	1,086,619	1,318,698	1,780,599	1,576,356	2,152,031	2,754,214	4,219,011	4,903,450	3,733,866
loans	0	0	0	0	0	0	0	3,155,425	3,005,167	4,662,000	4,662,000	4,662,000	4,662,000	4,662,000
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	3,356,801	3,563,196	3,563,196	3,563,196	3,563,196	3,313,196	3,313,196	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	3,356,801	3,563,196	3,563,196	3,563,196	3,563,196	3,313,196	3,313,196	3,155,425	3,005,167	4,662,000	4,662,000	4,662,000	4,662,000	4,662,000
total liabilities	5,146,333	5,291,871	5,242,333	5,347,827	5,319,082	4,399,815	4,631,894	4,936,024	4,581,523	6,814,031	7,416,214	8,881,011	9,565,450	8,395,866
net assets	-2,874,999	-2,359,896	-2,306,992	-2,190,073	-1,803,708	-231,158	328,533	182,839	871,871	-103,305	375,113	977,431	1,688,143	1,739,580
total shareholders funds	-2,874,999	-2,359,896	-2,306,992	-2,190,073	-1,803,708	-231,158	328,533	182,839	871,871	-103,305	375,113	977,431	1,688,143	1,739,580

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-303,816	185,752	98,274	-120,741	-1,404,205	447,185	309,803	-443,908	-661,794	-433,873	-592,157	-788,759	-18,595	984,539
Depreciation	57,151	48,895	55,515	103,255	74,242	66,014	76,156	86,854	87,440	85,855	79,056	79,942	61,138	64,496
Amortisation	0	0	0	0	0	0	0	0	194,250	466,200	466,200	466,200	466,200	466,200
Tax	0	-36,004	-18,683	0	0	-83,347	0	-90,174	0	0	0	90,174	0	0
Stock	-395,469	155,524	-585,942	-157,749	-593,201	-478,106	-67,662	-838,184	-400,381	-412,379	-650,254	-471,110	467,268	5,595,187
Debtors	-86,935	-249,436	298,746	11,677	-105,434	-391,463	372,459	138,948	-298,661	-691,789	-867,725	-580,921	891,140	2,208,360
Creditors	-78,367	72,242	235,258	-810,965	76,386	360,782	-441,946	317,152	-214,476	-254,721	213,887	198,438	8,248	676,755
Accruals and Deferred Income	139,224	-22,704	-339,569	838,527	592,881	-316,330	-296,486	-112,909	621,591	-343,941	440,226	-165,011	26,053	369,307
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	296,596	342,093	317,991	156,148	37,939	1,343,873	-657,270	456,251	726,053	623,688	2,125,191	933,015	-815,364	-5,242,250
Investing Activities
capital expenditure	-46,581	-97,720	-13,094	-87,277	-50,060	-3,703	-12,337	-75,092	-94,486	-161,524	-98,957	-264,991	-119,842	-152,990
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-46,581	-97,720	-13,094	-87,277	-50,060	-3,703	-12,337	-75,092	-94,486	-161,524	-98,957	-264,991	-119,842	-152,990
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	-982,790	305,262	-2,427,693	-492,990	1,153,932	2,444,279
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	-3,155,425	150,258	-1,656,833	0	0	0	0	4,662,000
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-206,395	0	0	0	250,000	0	3,313,196	0	0	0	0	0	0	0
share issue	-216,714	-206,395	-196,566	-265,724	-169,838	-915,013	0	0	1,799,936	0	0	0	0	819,048
interest	5,427	3,743	56	100	1,493	-8,516	-164,109	-154,950	-162,966	-44,545	-10,161	-12,127	-32,842	-64,007
cash flow from financing	-417,682	-202,652	-196,510	-265,624	81,655	-923,529	-6,338	-4,692	-1,002,653	260,717	-2,437,854	-505,117	1,121,090	7,861,320
cash and cash equivalents
cash	-167,667	41,721	107,204	-195,570	69,534	140,110	-399,109	377,169	-371,086	414,098	-102,837	-61,969	167,235	704
overdraft	0	0	-1,183	1,183	0	-276,531	276,531	0	0	-308,783	308,783	-224,876	-18,649	243,525
change in cash	-167,667	41,721	108,387	-196,753	69,534	416,641	-675,640	377,169	-371,086	722,881	-411,620	162,907	185,884	-242,821

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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OPTIMA MANUFACTURING JEWELLERS LTD group structure

Optima Manufacturing Jewellers Ltd has 1 subsidiary company.

Ultimate parent company

OPTIMA MANUFACTURING JEWELLERS LTD

00903768

1 subsidiary

DOLCE VALENTINA LTD

08672997

OPTIMA MANUFACTURING JEWELLERS LTD Shareholders

russell keith ambrose	99.98%
russell keith ambrose & sarah jane turnbull	0.02%

Optima Manufacturing Jewellers Ltd currently has 1 director, Mr Russell Ambrose serving since May 1999.

officer	country	age	start	end	role
Mr Russell Ambrose	England	75 years	May 1999	-	Director

P&L

September 2023

turnover

5.8m

+7%

operating profit

-303.8k

gross margin

37.7%

+2.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-2.9m

+0.22%

total assets

2.3m

-0.23%

cash

19.5k

-0.9%

net assets

Total assets minus all liabilities

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company number

00903768

Type

Private limited with Share Capital

industry

32120 - Manufacture of jewellery and related articles

incorporation date

April 1967

ultimate parent company

None

previous names

soude jewellery limited (July 2004)

address

96 bristol road, edgbaston, birmingham, west midlands, B5 7XJ

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 13 charges/mortgages relating to optima manufacturing jewellers ltd. Currently there are 3 open charges and 10 have been satisfied in the past.

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.

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optima manufacturing jewellers ltd Company Information

optima manufacturing jewellers ltd Estimated Valuation

optima manufacturing jewellers ltd Estimated Valuation

optima manufacturing jewellers ltd Estimated Valuation

Optima Manufacturing Jewellers Ltd Overview

Optima Manufacturing Jewellers Ltd Health Check

OPTIMA MANUFACTURING JEWELLERS LTD financials

optima manufacturing jewellers ltd Credit Report and Business Information

Optima Manufacturing Jewellers Ltd Competitor Analysis

optima manufacturing jewellers ltd Ownership

optima manufacturing jewellers ltd directors

optima manufacturing jewellers ltd company details

optima manufacturing jewellers ltd Charges & Mortgages

optima manufacturing jewellers ltd Capital Raised & Share Issues BETA

optima manufacturing jewellers ltd Companies House Filings - See Documents