oki europe limited

oki europe limited Company Information

Share OKI EUROPE LIMITED
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MatureMegaDeclining

Company Number

02203086

Industry

Wholesale of computers, computer peripheral equipment and software

 

Activities of head offices

 

Shareholders

oki electric industry co. ltd

Group Structure

View All

Contact

Registered Address

blays house wick road, englefield green, egham, surrey, TW20 0HJ

oki europe limited Estimated Valuation

£128.2m

Pomanda estimates the enterprise value of OKI EUROPE LIMITED at £128.2m based on a Turnover of £109.6m and 1.17x industry multiple (adjusted for size and gross margin).

oki europe limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OKI EUROPE LIMITED at £0 based on an EBITDA of £-3m and a 9.89x industry multiple (adjusted for size and gross margin).

oki europe limited Estimated Valuation

£44.4m

Pomanda estimates the enterprise value of OKI EUROPE LIMITED at £44.4m based on Net Assets of £19.6m and 2.26x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Oki Europe Limited Overview

Oki Europe Limited is a live company located in egham, TW20 0HJ with a Companies House number of 02203086. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in December 1987, it's largest shareholder is oki electric industry co. ltd with a 100% stake. Oki Europe Limited is a mature, mega sized company, Pomanda has estimated its turnover at £109.6m with declining growth in recent years.

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Oki Europe Limited Health Check

Pomanda's financial health check has awarded Oki Europe Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £109.6m, make it larger than the average company (£20.8m)

£109.6m - Oki Europe Limited

£20.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (8.2%)

-17% - Oki Europe Limited

8.2% - Industry AVG

production

Production

with a gross margin of 31%, this company has a comparable cost of product (26.4%)

31% - Oki Europe Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of -3% make it less profitable than the average company (4.3%)

-3% - Oki Europe Limited

4.3% - Industry AVG

employees

Employees

with 188 employees, this is above the industry average (84)

188 - Oki Europe Limited

84 - Industry AVG

paystructure

Pay Structure

on an average salary of £90.8k, the company has a higher pay structure (£54.5k)

£90.8k - Oki Europe Limited

£54.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £583.2k, this is more efficient (£366.5k)

£583.2k - Oki Europe Limited

£366.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (45 days)

20 days - Oki Europe Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (38 days)

9 days - Oki Europe Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 79 days, this is more than average (37 days)

79 days - Oki Europe Limited

37 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (16 weeks)

22 weeks - Oki Europe Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.8%, this is a similar level of debt than the average (59.4%)

57.8% - Oki Europe Limited

59.4% - Industry AVG

OKI EUROPE LIMITED financials

EXPORTms excel logo

Oki Europe Limited's latest turnover from March 2024 is £109.6 million and the company has net assets of £19.6 million. According to their latest financial statements, Oki Europe Limited has 188 employees and maintains cash reserves of £8.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover109,645,075155,202,215167,190,621192,292,528259,043,852297,961,339316,739,770354,535,593337,060,022350,481,365339,292,000359,986,000380,136,000475,765,000549,003,000
Other Income Or Grants000000000000000
Cost Of Sales75,615,03698,635,677101,696,917128,249,828178,796,217206,949,168204,921,102249,300,699240,729,264230,775,957232,750,000278,845,000330,350,000367,847,000433,160,000
Gross Profit34,030,03956,566,53865,493,70464,042,70080,247,63591,012,171111,818,668105,234,89396,330,758119,705,408106,542,00081,141,00049,786,000107,918,000115,843,000
Admin Expenses37,318,34240,000,83953,529,31061,860,36576,656,92184,942,72492,911,652104,148,28796,406,31699,851,43179,424,000151,503,000111,114,00098,057,000110,453,000
Operating Profit-3,288,30316,565,69911,964,3942,182,3353,590,7146,069,44718,907,0161,086,606-75,55819,853,97727,118,000-70,362,000-61,328,0009,861,0005,390,000
Interest Payable207,25015,942179,76688,671232,15811,634243,3811,984,9382,631,8022,026,4884,650,0004,906,0008,043,0007,200,0008,434,000
Interest Receivable391,844253,39866,869160,984251,934240,737107,58418,82710,18733,958230,000175,0001,041,0002,174,0001,613,000
Pre-Tax Profit-3,103,70916,803,15511,851,498-8,982,4383,610,490405,4058,414,906-879,505-2,697,17317,861,44822,698,000-75,093,000-68,330,000-1,761,000-1,431,000
Tax-1,611,848-3,769,089-1,967,000515,668-1,507,309-942,366-3,987,697-2,558,723-813,312-6,492,911-1,131,000-2,972,000-4,165,000-120,000-89,000
Profit After Tax-4,715,55613,034,0669,884,498-8,466,7702,103,181-536,9614,427,209-3,438,228-3,510,48511,368,53721,567,000-78,065,000-72,495,000-1,881,000-1,520,000
Dividends Paid000000000000000
Retained Profit-4,715,55613,034,0669,884,498-8,466,7702,103,181-536,9614,427,209-3,438,228-3,510,48511,368,53721,567,000-78,065,000-72,495,000-1,881,000-1,520,000
Employee Costs17,073,33418,629,80421,569,25727,606,74935,525,36540,263,11139,307,30144,377,80241,186,00939,488,07252,835,00053,439,00046,958,00053,928,00052,284,000
Number Of Employees1881962723984845035305995776617689369001,0421,085
EBITDA*-2,995,47016,793,08512,326,5302,951,1023,590,7147,046,71620,069,5372,133,764919,43320,898,20929,004,000-68,039,000-58,822,00013,137,0009,060,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets816,412871,790442,032625,860938,0914,722,5702,140,5012,575,7572,535,8685,256,8124,395,0004,037,0004,809,0006,479,0008,800,000
Intangible Assets5,03433,56383,370142,0456,802,2360000000000
Investments & Other0000150,474156,614132,51995,93089,991103,574175,000232,00096,00096,000122,000
Debtors (Due After 1 year)00012,592,97516,073,94618,693,3954,183,2523,235,6100000000
Total Fixed Assets821,447905,353525,40213,360,88223,964,74623,572,5796,456,2725,907,2982,625,8605,360,3874,570,0004,269,0004,905,0006,575,0008,922,000
Stock & work in progress16,472,56320,791,24019,207,99022,648,07228,733,44842,487,02332,063,83239,874,48451,155,44645,456,32154,240,00061,225,00061,864,00072,737,00064,130,000
Trade Debtors6,114,2815,429,60210,400,34713,119,83516,122,09821,451,58428,229,47335,823,92039,112,82832,102,0466,997,00011,565,00064,502,000166,984,000170,349,000
Group Debtors64,60826,01122,57975,75779,105134,24022,599,964414,201347,228302,232269,0001,051,000391,000944,000699,000
Misc Debtors4,808,6925,224,8696,270,0825,171,3155,195,18424,914,9817,185,7628,177,33511,339,67210,884,62536,935,00037,838,00037,719,00053,168,00050,192,000
Cash8,773,28420,402,75216,361,26819,398,24421,219,26119,545,37331,536,95318,715,2597,777,40013,221,83514,161,00018,494,00021,931,00019,488,00027,637,000
misc current assets9,449,57210,826,48117,096,830000003,340,6914,312,76000000
total current assets45,683,00162,700,95769,359,09760,413,22371,349,097108,533,202121,448,694103,005,200113,073,266106,279,820112,602,000130,173,000186,407,000313,321,000313,007,000
total assets46,504,44763,606,31069,884,49873,774,10595,313,844132,105,781127,904,966108,912,498115,699,126111,640,207117,172,000134,442,000191,312,000319,896,000321,929,000
Bank overdraft000000058,2750508,532479,000450,000170,270,0003,351,0003,348,000
Bank loan00000000000181,573,00007,509,0007,568,000
Trade Creditors 1,930,6932,813,3923,894,0512,967,4597,130,6968,192,2326,572,1675,100,4127,003,1417,120,2997,856,00021,528,00052,014,00059,259,00053,443,000
Group/Directors Accounts10,090,61917,497,90222,508,90131,234,50431,490,11258,506,35470,238,03255,437,511138,469,310116,294,252148,186,000139,674,00065,032,000154,006,000157,384,000
other short term finances000000000000000
hp & lease commitments00000048,41382,48194,235171,491160,000156,00026,000029,000
other current liabilities8,283,2699,855,68011,392,09714,557,50617,746,34520,996,06222,034,24721,942,80019,630,69828,912,47120,983,00031,356,00064,817,00030,136,00031,358,000
total current liabilities20,304,58130,166,97437,795,05048,759,47056,367,15487,694,64898,768,83382,621,481165,197,385153,007,046177,664,000374,737,000352,159,000254,261,000253,130,000
loans00000000176,436,030175,760,251161,506,0000000
hp & lease commitments000000045,72394,23572,162176,000229,00032,00000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions6,557,3087,137,94210,445,50515,605,19911,105,76014,742,25813,286,71313,692,84514,080,14215,655,82818,304,00015,632,00010,546,00010,961,00010,121,000
total long term liabilities6,557,3087,137,94310,445,50615,605,20011,932,07216,031,86014,666,13215,791,644192,567,281194,199,847181,090,00017,702,00011,597,00016,611,00018,580,000
total liabilities26,861,89037,304,91748,240,55664,364,66968,299,226103,726,508113,434,96598,413,125357,764,666347,206,894358,754,000392,439,000363,756,000270,872,000271,710,000
net assets19,642,55726,301,39321,643,9439,409,43527,014,61728,379,27314,470,00110,499,372-242,065,540-235,566,686-241,582,000-257,997,000-172,444,00049,024,00050,219,000
total shareholders funds19,642,55726,301,39321,643,9439,409,43527,014,61728,379,27314,470,00110,499,372-242,065,540-235,566,686-241,582,000-257,997,000-172,444,00049,024,00050,219,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-3,288,30316,565,69911,964,3942,182,3353,590,7146,069,44718,907,0161,086,606-75,55819,853,97727,118,000-70,362,000-61,328,0009,861,0005,390,000
Depreciation246,686169,492302,215326,2740977,2691,162,5211,047,158994,9911,044,2311,886,0002,323,0002,506,0003,276,0003,670,000
Amortisation46,14857,89559,921442,49300000000000
Tax-1,611,848-3,769,089-1,967,000515,668-1,507,309-942,366-3,987,697-2,558,723-813,312-6,492,911-1,131,000-2,972,000-4,165,000-120,000-89,000
Stock-4,318,6781,583,251-3,440,082-6,085,376-13,753,57510,423,192-7,810,653-11,280,9625,699,126-8,783,679-6,985,000-639,000-10,873,0008,607,00064,130,000
Debtors307,098-6,012,526-14,266,873-6,510,452-27,723,8662,836,30314,706,831-3,148,6627,510,825-912,097-6,253,000-52,158,000-118,484,000-144,000221,240,000
Creditors-882,698-1,080,660926,593-4,163,238-1,061,5351,620,0651,471,755-1,902,729-117,158-735,701-13,672,000-30,486,000-7,245,0005,816,00053,443,000
Accruals and Deferred Income-1,572,411-1,536,417-3,165,409-3,188,839-3,249,717-1,038,18591,4472,312,102-9,281,7737,929,471-10,373,000-33,461,00034,681,000-1,222,00031,358,000
Deferred Taxes & Provisions-580,634-3,307,563-5,159,6944,499,439-3,636,4981,455,545-406,132-387,297-1,575,686-2,648,1722,672,0005,086,000-415,000840,00010,121,000
Cash flow from operations-3,631,48011,528,63220,667,97513,209,96035,613,096-5,117,72010,342,73214,026,741-24,078,44728,646,67119,738,000-77,075,00093,391,0009,988,000-181,477,000
Investing Activities
capital expenditure-208,927-607,338-119,63200-3,466,976-23,216,783-972,74516,657,611-1,767,552-3,223,000-1,579,000-907,000-1,015,000-1,371,000
Change in Investments000-150,473-6,14024,09536,5885,940-13,583-71,426-57,000136,0000-26,000122,000
cash flow from investments-208,927-607,338-119,632150,4736,140-3,491,071-23,253,371-978,68516,671,194-1,696,126-3,166,000-1,715,000-907,000-989,000-1,493,000
Financing Activities
Bank loans0000000000-181,573,000181,573,000-7,509,000-59,0007,568,000
Group/Directors Accounts-7,407,283-5,010,999-8,725,603-255,608-27,016,242-11,731,67814,800,520-83,031,79922,175,057-31,891,7488,512,00074,642,000-88,974,000-3,378,000157,384,000
Other Short Term Loans 000000000000000
Long term loans0000000-176,436,030675,77914,254,251161,506,0000000
Hire Purchase and Lease Commitments00000-48,413-79,791-60,266-55,183-92,347-49,000327,00058,000-29,00029,000
other long term liabilities000000000000000
share issue-1,943,279-8,376,6162,350,009-9,138,412-3,467,83714,446,233-456,581256,003,141-2,988,369-5,353,223-5,152,000-7,488,000-148,973,000686,00051,739,000
interest184,594237,456-112,89772,31319,776229,103-135,797-1,966,111-2,621,615-1,992,530-4,420,000-4,731,000-7,002,000-5,026,000-6,821,000
cash flow from financing-9,165,968-13,150,159-6,488,491-9,321,707-30,464,3032,895,24514,128,351-5,491,06517,185,669-25,075,597-21,176,000244,323,000-252,400,000-7,806,000209,899,000
cash and cash equivalents
cash-11,629,4684,041,484-3,036,976-1,821,0171,673,887-11,991,58012,821,69410,937,859-5,444,435-939,165-4,333,000-3,437,0002,443,000-8,149,00027,637,000
overdraft000000-58,27558,275-508,53229,53229,000-169,820,000166,919,0003,0003,348,000
change in cash-11,629,4684,041,484-3,036,976-1,821,0171,673,887-11,991,58012,879,96910,879,584-4,935,903-968,697-4,362,000166,383,000-164,476,000-8,152,00024,289,000

oki europe limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Oki Europe Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for oki europe limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in TW20 area or any other competitors across 12 key performance metrics.

oki europe limited Ownership

OKI EUROPE LIMITED group structure

Oki Europe Limited has 2 subsidiary companies.

Ultimate parent company

OKI ELECTRIC INDUSTRY CO LTD

#0010598

OKI DATA CORP

#0072186

2 parents

OKI EUROPE LIMITED

02203086

2 subsidiaries

OKI EUROPE LIMITED Shareholders

oki electric industry co. ltd 100%

oki europe limited directors

Oki Europe Limited currently has 5 directors. The longest serving directors include Mr Takaaki Hagiwara (Apr 2018) and Mr Junichi Kimoto (Apr 2022).

officercountryagestartendrole
Mr Takaaki Hagiwara57 years Apr 2018- Director
Mr Junichi Kimoto62 years Apr 2022- Director
Mr Shiro Miyasaka56 years Apr 2022- Director
Mr Takehito Katagiri50 years Apr 2022- Director
Mr Hiroyuki Fukushima49 years Apr 2023- Director

P&L

March 2024

turnover

109.6m

-29%

operating profit

-3.3m

-120%

gross margin

31.1%

-14.84%

turnover

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

Balance Sheet

March 2024

net assets

19.6m

-0.25%

total assets

46.5m

-0.27%

cash

8.8m

-0.57%

net assets

Total assets minus all liabilities

oki europe limited company details

company number

02203086

Type

Private limited with Share Capital

industry

46510 - Wholesale of computers, computer peripheral equipment and software

70100 - Activities of head offices

incorporation date

December 1987

age

37

incorporated

UK

ultimate parent company

OKI ELECTRIC INDUSTRY CO LTD

accounts

Group

last accounts submitted

March 2024

previous names

atlantis business systems limited (December 1987)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

blays house wick road, englefield green, egham, surrey, TW20 0HJ

Bank

J P MORGAN CHASE BANK

Legal Advisor

-

oki europe 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 4 charges/mortgages relating to oki europe limited. Currently there are 3 open charges and 1 have been satisfied in the past.

charges

oki europe limited Companies House Filings - See Documents

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