otodynamics limited
otodynamics limited Company Information
Company Number
02289571
Next Accounts
Jul 2025
Shareholders
david thomas kemp
gillian barbara kemp
Group Structure
View All
Industry
Manufacture of medical and dental instruments and supplies
Registered Address
30-38 beaconsfield road, hatfield, hertfordshire, AL10 8BB
Website
www.otodynamics.comotodynamics limited Estimated Valuation
Pomanda estimates the enterprise value of OTODYNAMICS LIMITED at £4.2m based on a Turnover of £4.2m and 1.02x industry multiple (adjusted for size and gross margin).
otodynamics limited Estimated Valuation
Pomanda estimates the enterprise value of OTODYNAMICS LIMITED at £228.2k based on an EBITDA of £39.2k and a 5.82x industry multiple (adjusted for size and gross margin).
otodynamics limited Estimated Valuation
Pomanda estimates the enterprise value of OTODYNAMICS LIMITED at £8m based on Net Assets of £3.6m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Otodynamics Limited Overview
Otodynamics Limited is a live company located in hertfordshire, AL10 8BB with a Companies House number of 02289571. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in August 1988, it's largest shareholder is david thomas kemp with a 80% stake. Otodynamics Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Otodynamics Limited Health Check
Pomanda's financial health check has awarded Otodynamics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£18m)
- Otodynamics Limited
£18m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.9%)
- Otodynamics Limited
5.9% - Industry AVG
Production
with a gross margin of 37.5%, this company has a comparable cost of product (37.5%)
- Otodynamics Limited
37.5% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (5.7%)
- Otodynamics Limited
5.7% - Industry AVG
Employees
with 40 employees, this is below the industry average (88)
40 - Otodynamics Limited
88 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£49k)
- Otodynamics Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £103.9k, this is less efficient (£175.2k)
- Otodynamics Limited
£175.2k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (51 days)
- Otodynamics Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (38 days)
- Otodynamics Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 267 days, this is more than average (92 days)
- Otodynamics Limited
92 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 245 weeks, this is more cash available to meet short term requirements (12 weeks)
245 weeks - Otodynamics Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.7%, this is a lower level of debt than the average (43.6%)
6.7% - Otodynamics Limited
43.6% - Industry AVG
OTODYNAMICS LIMITED financials
Otodynamics Limited's latest turnover from October 2023 is estimated at £4.2 million and the company has net assets of £3.6 million. According to their latest financial statements, Otodynamics Limited has 40 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 40 | 32 | 35 | 35 | 35 | 35 | 35 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 105,182 | 63,985 | 61,741 | 75,389 | 22,625 | 29,305 | 34,720 | 48,830 | 61,781 | 97,456 | 142,932 | 81,661 | 113,838 | 82,558 | 95,243 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 105,182 | 63,985 | 61,741 | 75,389 | 22,625 | 29,305 | 34,720 | 48,830 | 61,781 | 97,456 | 142,932 | 81,661 | 113,838 | 82,558 | 95,243 |
| Stock & work in progress | 1,907,177 | 1,419,832 | 1,097,296 | 1,038,761 | 1,138,606 | 1,010,209 | 927,596 | 980,889 | 1,195,297 | 998,774 | 877,357 | 915,964 | 908,785 | 943,441 | 1,073,574 |
| Trade Debtors | 470,915 | 467,555 | 487,749 | 449,984 | 514,593 | 535,419 | 429,589 | 422,663 | 659,027 | 607,472 | 763,487 | 638,360 | 522,033 | 540,856 | 716,782 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 159,286 | 165,231 | 143,227 | 136,151 | 222,451 | 235,148 | 235,669 | 177,494 | |||||||
| Cash | 1,222,577 | 1,633,533 | 1,686,576 | 1,257,415 | 1,078,116 | 1,200,730 | 1,324,775 | 1,050,430 | 897,565 | 1,110,988 | 1,376,869 | 1,216,252 | 1,601,610 | 1,095,950 | 1,236,960 |
| misc current assets | 314,987 | 201,000 | 183,000 | 165,000 | 147,000 | 129,000 | 111,000 | 93,000 | |||||||
| total current assets | 3,759,955 | 3,686,151 | 3,414,848 | 2,882,311 | 2,953,766 | 2,981,506 | 2,917,629 | 2,946,463 | 2,952,889 | 2,900,234 | 3,182,713 | 2,917,576 | 3,161,428 | 2,691,247 | 3,120,316 |
| total assets | 3,865,137 | 3,750,136 | 3,476,589 | 2,957,700 | 2,976,391 | 3,010,811 | 2,952,349 | 2,995,293 | 3,014,670 | 2,997,690 | 3,325,645 | 2,999,237 | 3,275,266 | 2,773,805 | 3,215,559 |
| Bank overdraft | 37,461 | 71,198 | 62,060 | 6,342 | 43,554 | 121,729 | 21,997 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 128,529 | 64,456 | 182,909 | 131,920 | 158,973 | 156,951 | 63,272 | 142,762 | 322,068 | 330,725 | 478,509 | 270,066 | 510,203 | 437,913 | 741,090 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 93,382 | 64,965 | 204,110 | 112,258 | 117,331 | 232,440 | 109,665 | 95,073 | |||||||
| total current liabilities | 259,372 | 200,619 | 449,079 | 250,520 | 276,304 | 432,945 | 294,666 | 259,832 | 322,068 | 330,725 | 478,509 | 270,066 | 510,203 | 437,913 | 741,090 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 7,845 | 8,700 | 10,925 | 9,264 | |||||||||||
| provisions | 6,652 | 12,624 | 20,102 | 11,383 | 16,670 | 9,337 | 10,001 | ||||||||
| total long term liabilities | 7,845 | 8,700 | 17,577 | 21,888 | 20,102 | 11,383 | 16,670 | 9,337 | 10,001 | ||||||
| total liabilities | 259,372 | 200,619 | 449,079 | 250,520 | 276,304 | 432,945 | 302,511 | 268,532 | 339,645 | 352,613 | 498,611 | 281,449 | 526,873 | 447,250 | 751,091 |
| net assets | 3,605,765 | 3,549,517 | 3,027,510 | 2,707,180 | 2,700,087 | 2,577,866 | 2,649,838 | 2,726,761 | 2,675,025 | 2,645,077 | 2,827,034 | 2,717,788 | 2,748,393 | 2,326,555 | 2,464,468 |
| total shareholders funds | 3,605,765 | 3,549,517 | 3,027,510 | 2,707,180 | 2,700,087 | 2,577,866 | 2,649,838 | 2,726,761 | 2,675,025 | 2,645,077 | 2,827,034 | 2,717,788 | 2,748,393 | 2,326,555 | 2,464,468 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 33,067 | 29,668 | 31,842 | 26,310 | 14,938 | 14,654 | 28,320 | 42,131 | 41,567 | 62,185 | 65,116 | 66,789 | 53,951 | 35,495 | 30,685 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 487,345 | 322,536 | 58,535 | -99,845 | 128,397 | 82,613 | -53,293 | -214,408 | 196,523 | 121,417 | -38,607 | 7,179 | -34,656 | -130,133 | 1,073,574 |
| Debtors | -2,585 | 1,810 | 44,841 | -150,909 | -33,523 | 105,309 | 65,101 | -58,870 | 51,555 | -156,015 | 125,127 | 116,327 | -18,823 | -175,926 | 716,782 |
| Creditors | 64,073 | -118,453 | 50,989 | -27,053 | 2,022 | 93,679 | -79,490 | -179,306 | -8,657 | -147,784 | 208,443 | -240,137 | 72,290 | -303,177 | 741,090 |
| Accruals and Deferred Income | 28,417 | -139,145 | 91,852 | -5,073 | -115,109 | 122,775 | 14,592 | 95,073 | |||||||
| Deferred Taxes & Provisions | -6,652 | -5,972 | -7,478 | 8,719 | -5,287 | 7,333 | -664 | 10,001 | |||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -7,845 | -855 | -2,225 | 1,661 | 9,264 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -410,956 | -53,043 | 429,161 | 179,299 | -122,614 | -124,045 | 274,345 | 152,865 | -213,423 | -265,881 | 160,617 | -385,358 | 505,660 | -141,010 | 1,236,960 |
| overdraft | -33,737 | 9,138 | 55,718 | 6,342 | -43,554 | -78,175 | 99,732 | 21,997 | |||||||
| change in cash | -377,219 | -62,181 | 373,443 | 172,957 | -79,060 | -45,870 | 174,613 | 130,868 | -213,423 | -265,881 | 160,617 | -385,358 | 505,660 | -141,010 | 1,236,960 |
otodynamics limited Credit Report and Business Information
Otodynamics Limited Competitor Analysis
Perform a competitor analysis for otodynamics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in AL10 area or any other competitors across 12 key performance metrics.
otodynamics limited Ownership
OTODYNAMICS LIMITED group structure
Otodynamics Limited has no subsidiary companies.
Ultimate parent company
OTODYNAMICS LIMITED
02289571
otodynamics limited directors
Otodynamics Limited currently has 3 directors. The longest serving directors include Dr David Kemp (Feb 1993) and Ms Gillian Kemp (Feb 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr David Kemp | 80 years | Feb 1993 | - | Director | |
| Ms Gillian Kemp | 76 years | Feb 1993 | - | Director | |
| Mr Adam Kemp | 44 years | Nov 2005 | - | Director |
P&L
October 2023turnover
4.2m
+16%
operating profit
6.1k
0%
gross margin
37.5%
-3.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
3.6m
+0.02%
total assets
3.9m
+0.03%
cash
1.2m
-0.25%
net assets
Total assets minus all liabilities
otodynamics limited company details
company number
02289571
Type
Private limited with Share Capital
industry
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
August 1988
age
37
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
rapid 6711 limited (September 1988)
accountant
HBB AUDIT LIMITED
auditor
-
address
30-38 beaconsfield road, hatfield, hertfordshire, AL10 8BB
Bank
-
Legal Advisor
-
otodynamics 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 1 charges/mortgages relating to otodynamics limited. Currently there are 1 open charges and 0 have been satisfied in the past.
otodynamics 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 OTODYNAMICS LIMITED. This can take several minutes, an email will notify you when this has completed.
otodynamics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
