Pomanda estimates the enterprise value of OPENLACE LIMITED at £2.1m based on a Turnover of £725.1k and 2.86x industry multiple (adjusted for size and gross margin).
openlace limitedEstimated Valuation
£55.8k
Pomanda estimates the enterprise value of OPENLACE LIMITED at £55.8k based on an EBITDA of £9.1k and a 6.15x industry multiple (adjusted for size and gross margin).
openlace limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of OPENLACE LIMITED at £0 based on Net Assets of £-23.4k and 1.51x industry multiple (adjusted for liquidity).
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Openlace LimitedOverview
Openlace Limited is a live company located in london, NW1 9RJ with a Companies House number of 02444264. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 1989, it's largest shareholder is
jill sheppard
with a 52.7% stake. Openlace Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£725.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Openlace Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
0 Strong
5 Regular
3 Weak
Size
annual sales of £725.1k, make it in line with the average company (£812.4k)
£725.1k - Openlace Limited
£812.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Openlace Limited
- - Industry AVG
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
70.1% - Openlace Limited
70.1% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (25%)
1.1% - Openlace Limited
25% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Openlace Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
£34.9k - Openlace Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £181.3k, this is equally as efficient (£181.3k)
£181.3k - Openlace Limited
£181.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Openlace Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Openlace Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Openlace Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (9 weeks)
2 weeks - Openlace Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.5%, this is a higher level of debt than the average (65.5%)
129.5% - Openlace Limited
65.5% - Industry AVG
OPENLACE LIMITED financials
EXPORT
Openlace Limited's latest turnover from October 2023 is estimated at £725.1 thousand and the company has net assets of -£23.4 thousand. According to their latest financial statements, Openlace Limited has 4 employees and maintains cash reserves of £5.4 thousand 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
725,128
543,095
601,621
250
789
1,258
1,705
2,009
2,206
105,854
105,756
Other Income Or Grants
Cost Of Sales
216,717
176,894
188,454
83
254
443
575
38,096
40,480
Gross Profit
508,411
366,201
413,167
167
535
815
1,130
2,009
2,206
67,758
65,276
Admin Expenses
500,485
395,241
487,317
1,236
1,284
4,309
4,301
3,517
2,518
2,502
4,011
5,256
68,812
66,526
23,218
Operating Profit
7,926
-29,040
-74,150
-1,236
-1,284
-4,142
-3,766
-2,702
-1,388
-2,502
-2,002
-3,050
-1,054
-1,250
-23,218
Interest Payable
186
137
Interest Receivable
242
66
1
18
2
3
25
21
9
Pre-Tax Profit
8,168
-29,160
-74,286
-1,236
-1,284
-4,142
-3,766
-2,702
-1,382
-2,484
-2,000
-3,047
-1,029
-1,229
-23,209
Tax
-2,042
Profit After Tax
6,126
-29,160
-74,286
-1,236
-1,284
-4,142
-3,766
-2,702
-1,382
-2,484
-2,000
-3,047
-1,029
-1,229
-23,209
Dividends Paid
Retained Profit
6,126
-29,160
-74,286
-1,236
-1,284
-4,142
-3,766
-2,702
-1,382
-2,484
-2,000
-3,047
-1,029
-1,229
-23,209
Employee Costs
139,488
110,366
106,888
95
94
196
177
72
54
35,627
33,408
33,415
33,521
Number Of Employees
4
3
3
1
1
1
1
1
1
1
1
1
1
EBITDA*
9,067
-27,899
-73,009
-1,236
-1,217
-4,075
-3,683
-2,619
-1,303
-2,444
-1,922
-2,961
-849
-1,027
-23,002
* 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
73,868
65,572
91,033
81,570
93,315
83,202
83,259
83,343
83,363
83,447
82,921
79,455
76,781
76,946
76,886
Intangible Assets
Investments & Other
70,700
70,700
Debtors (Due After 1 year)
Total Fixed Assets
73,868
65,572
91,033
152,270
164,015
83,202
83,259
83,343
83,363
83,447
82,921
79,455
76,781
76,946
76,886
Stock & work in progress
Trade Debtors
7,511
19,255
3,231
2,809
4,141
4,988
Group Debtors
Misc Debtors
Cash
5,395
3,821
2,044
2,552
4,773
3,855
5,122
5,012
3,562
misc current assets
total current assets
5,395
3,821
2,044
7,511
19,255
3,231
2,809
4,141
4,988
2,552
4,773
3,855
5,122
5,012
3,562
total assets
79,263
69,393
93,077
159,781
183,270
86,433
86,068
87,484
88,351
85,999
87,694
83,310
81,903
81,958
80,448
Bank overdraft
4,504
Bank loan
Trade Creditors
78,276
74,275
56,106
54,015
41,124
36,670
35,696
32,957
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
102,654
98,910
88,930
48,601
47,812
total current liabilities
102,654
98,910
93,434
78,276
74,275
56,106
54,015
48,601
47,812
41,124
36,670
35,696
32,957
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
78,276
78,275
60,487
52,335
provisions
total long term liabilities
78,276
78,275
60,487
52,335
total liabilities
102,654
98,910
93,434
156,552
152,550
60,487
56,106
54,015
52,335
48,601
47,812
41,124
36,670
35,696
32,957
net assets
-23,391
-29,517
-357
3,229
30,720
25,946
29,962
33,469
36,016
37,398
39,882
42,186
45,233
46,262
47,491
total shareholders funds
-23,391
-29,517
-357
3,229
30,720
25,946
29,962
33,469
36,016
37,398
39,882
42,186
45,233
46,262
47,491
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
7,926
-29,040
-74,150
-1,236
-1,284
-4,142
-3,766
-2,702
-1,388
-2,502
-2,002
-3,050
-1,054
-1,250
-23,218
Depreciation
1,141
1,141
1,141
67
67
83
83
85
58
80
89
205
223
216
Amortisation
Tax
-2,042
Stock
Debtors
-7,511
-11,744
16,024
422
-1,332
-847
4,988
Creditors
-78,276
4,001
74,275
-56,106
2,091
54,015
-41,124
4,454
974
2,739
32,957
Accruals and Deferred Income
3,744
9,980
88,930
-48,601
789
47,812
Deferred Taxes & Provisions
Cash flow from operations
10,769
-17,919
-54,844
14,509
57,034
-60,603
-260
52,243
-54,892
-1,655
4,766
1,493
125
1,712
9,955
Investing Activities
capital expenditure
-9,437
24,320
-10,604
11,745
-10,180
-10
1
-63
-1
-584
-3,546
-2,763
-40
-283
-77,102
Change in Investments
-70,700
70,700
cash flow from investments
-9,437
24,320
60,096
11,745
-80,880
-10
1
-63
-1
-584
-3,546
-2,763
-40
-283
-77,102
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-78,276
1
17,788
60,487
-52,335
52,335
share issue
70,700
-26,255
6,058
126
259
155
-304
70,700
interest
242
-120
-136
18
2
3
25
21
9
cash flow from financing
242
-120
-7,712
-26,254
23,846
60,613
259
-52,180
52,335
18
-302
3
25
21
70,709
cash and cash equivalents
cash
1,574
1,777
2,044
-2,552
-2,221
918
-1,267
110
1,450
3,562
overdraft
-4,504
4,504
change in cash
1,574
6,281
-2,460
-2,552
-2,221
918
-1,267
110
1,450
3,562
openlace limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for openlace limited. Get real-time insights into openlace limited's credit score, group structure and payment trends.
Perform a competitor analysis for openlace limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.
openlace limited Ownership
OPENLACE LIMITED group structure
Openlace Limited has no subsidiary companies.
Ultimate parent company
OPENLACE LIMITED
02444264
OPENLACE LIMITED Shareholders
The largest shareholders in Openlace Limited include Jill Sheppard and Norman James Sheppard.
jill sheppard
52.67%
norman james sheppard
42.69%
dr jill sheppard
3.39%
timothy de rie sheppard
1.24%
openlace limited directors
Openlace Limited currently has 4 directors.
The longest serving directors include
Dr Jill Sheppard (Nov 1991) and
Mr Norman Sheppard (Nov 1991).
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 did not find charges/mortgages relating to openlace limited.
openlace 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.
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openlace limitedCompanies House Filings - See Documents
