offham assets limited
offham assets limited Company Information
Company Number
02497057
Next Accounts
Mar 2025
Directors
Shareholders
katie rose cooper
susan jayne cooper
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
tarrant place 65 tarrant street, arundel, west sussex, BN18 9DJ
Website
-offham assets limited Estimated Valuation
Pomanda estimates the enterprise value of OFFHAM ASSETS LIMITED at £124.6k based on a Turnover of £95.8k and 1.3x industry multiple (adjusted for size and gross margin).
offham assets limited Estimated Valuation
Pomanda estimates the enterprise value of OFFHAM ASSETS LIMITED at £12.7k based on an EBITDA of £2.8k and a 4.49x industry multiple (adjusted for size and gross margin).
offham assets limited Estimated Valuation
Pomanda estimates the enterprise value of OFFHAM ASSETS LIMITED at £3.7m based on Net Assets of £2.7m and 1.34x industry multiple (adjusted for liquidity).
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Offham Assets Limited Overview
Offham Assets Limited is a live company located in west sussex, BN18 9DJ with a Companies House number of 02497057. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 1990, it's largest shareholder is katie rose cooper with a 25% stake. Offham Assets Limited is a mature, micro sized company, Pomanda has estimated its turnover at £95.8k with declining growth in recent years.
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Offham Assets Limited Health Check
Pomanda's financial health check has awarded Offham Assets Limited a 3.5 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £95.8k, make it smaller than the average company (£4.6m)
- Offham Assets Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (3.7%)
- Offham Assets Limited
3.7% - Industry AVG
Production
with a gross margin of 56.2%, this company has a comparable cost of product (56.2%)
- Offham Assets Limited
56.2% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (9.7%)
- Offham Assets Limited
9.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Offham Assets Limited
12 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£75.3k)
- Offham Assets Limited
£75.3k - Industry AVG
Efficiency
resulting in sales per employee of £95.8k, this is less efficient (£200.9k)
- Offham Assets Limited
£200.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (33 days)
- Offham Assets Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (47 days)
- Offham Assets Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Offham Assets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 300 weeks, this is more cash available to meet short term requirements (31 weeks)
300 weeks - Offham Assets Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.6%, this is a lower level of debt than the average (68.6%)
3.6% - Offham Assets Limited
68.6% - Industry AVG
OFFHAM ASSETS LIMITED financials
Offham Assets Limited's latest turnover from June 2023 is estimated at £95.8 thousand and the company has net assets of £2.7 million. According to their latest financial statements, Offham Assets Limited has 1 employee and maintains cash reserves of £592.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 42,001 | 56,488 | 41,310 | 39,924 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 28,338 | 39,866 | 31,449 | 36,758 | ||||||||||
| Interest Payable | 0 | 142 | 0 | 11 | ||||||||||
| Interest Receivable | 12,950 | 15,213 | 14,906 | 9,614 | ||||||||||
| Pre-Tax Profit | 49,602 | -48,831 | 52,580 | 40,111 | ||||||||||
| Tax | -8,495 | -2,621 | -4,696 | -4,800 | ||||||||||
| Profit After Tax | 41,107 | -51,452 | 47,884 | 35,311 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 1,000 | ||||||||||
| Retained Profit | 41,107 | -51,452 | 47,884 | 34,311 | ||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* | 28,619 | 40,173 | 31,776 | 36,906 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 406 | 1,199 | 1,991 | 1,159 | 0 | 0 | 0 | 0 | 0 | 0 | 587 | 868 | 536 | 146 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,934,563 | 1,620,903 | 1,278,512 | 692,960 | 709,987 | 743,675 | 766,200 | 676,292 | 669,268 | 810,143 | 465,785 | 207,547 | 251,913 | 221,913 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,934,969 | 1,622,102 | 1,280,503 | 694,119 | 709,987 | 743,675 | 766,200 | 676,292 | 669,268 | 810,143 | 466,372 | 208,415 | 252,449 | 222,059 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27 | 27 | 27 | 0 | 0 | 64 | 730 | 0 | 342,350 | 299,956 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 370,000 | 320,000 | 30,000 | 0 | 0 | 32,813 | 35,291 | 242,978 | 0 |
| Misc Debtors | 316,883 | 278,145 | 240,027 | 69,915 | 320,525 | 708 | 74,916 | 125,002 | 0 | 0 | 219,925 | 230,302 | 177,433 | 450,030 |
| Cash | 592,847 | 927,879 | 1,398,410 | 1,859,965 | 510,725 | 331,654 | 286,218 | 386,207 | 167,640 | 110,163 | 44,839 | 177,586 | 57,258 | 43,430 |
| misc current assets | 0 | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 909,757 | 1,206,067 | 1,638,464 | 1,929,880 | 831,250 | 702,426 | 681,864 | 541,209 | 509,990 | 410,119 | 297,577 | 443,179 | 477,669 | 493,460 |
| total assets | 2,844,726 | 2,828,169 | 2,918,967 | 2,623,999 | 1,541,237 | 1,446,101 | 1,448,064 | 1,217,501 | 1,179,258 | 1,220,262 | 763,949 | 651,594 | 730,118 | 715,519 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 329 | 0 | 329 | 691 | 446 | 0 | 890 | 0 | 593,494 | 605,110 | 0 | 5 | 732 | 1,631 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 160,000 | 160,000 | 160,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 102,411 | 116,224 | 88,958 | 290,054 | 409,841 | 434,334 | 534,133 | 566,399 | 0 | 0 | 275,783 | 204,530 | 230,875 | 243,259 |
| total current liabilities | 102,740 | 116,224 | 89,287 | 290,745 | 570,287 | 594,334 | 695,023 | 566,399 | 593,494 | 605,110 | 275,783 | 204,535 | 231,607 | 244,890 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 102,740 | 116,224 | 89,287 | 290,745 | 570,287 | 594,334 | 695,023 | 566,399 | 593,494 | 605,110 | 275,783 | 204,535 | 231,607 | 244,890 |
| net assets | 2,741,986 | 2,711,945 | 2,829,680 | 2,333,254 | 970,950 | 851,767 | 753,041 | 651,102 | 585,764 | 615,152 | 488,166 | 447,059 | 498,511 | 470,629 |
| total shareholders funds | 2,741,986 | 2,711,945 | 2,829,680 | 2,333,254 | 970,950 | 851,767 | 753,041 | 651,102 | 585,764 | 615,152 | 488,166 | 447,059 | 498,511 | 470,629 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 28,338 | 39,866 | 31,449 | 36,758 | ||||||||||
| Depreciation | 793 | 792 | 792 | 386 | 0 | 0 | 0 | 0 | 20,000 | 587 | 281 | 307 | 327 | 148 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -8,495 | -2,621 | -4,696 | -4,800 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 38,738 | 38,118 | 170,139 | -250,610 | -50,247 | -24,874 | 240,644 | -187,348 | 42,394 | 47,218 | -12,855 | -154,818 | -29,619 | 450,030 |
| Creditors | 329 | -329 | -362 | 245 | 446 | -890 | 890 | -593,494 | -11,616 | 605,110 | -5 | -727 | -899 | 1,631 |
| Accruals and Deferred Income | -13,813 | 27,266 | -201,096 | -119,787 | -24,493 | -99,799 | -32,266 | 566,399 | 0 | -275,783 | 71,253 | -26,345 | -12,384 | 243,259 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 104,227 | 165,298 | 43,416 | -173,034 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 313,660 | 342,391 | 585,552 | -17,027 | -33,688 | -22,525 | 89,908 | 7,024 | -140,875 | 344,358 | 258,238 | -44,366 | 30,000 | 221,913 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -160,000 | 0 | 0 | 160,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 12,950 | 15,071 | 14,906 | 9,603 | ||||||||||
| cash flow from financing | 12,950 | 15,071 | -5,096 | 445,921 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -335,032 | -470,531 | -461,555 | 1,349,240 | 179,071 | 45,436 | -99,989 | 218,567 | 57,477 | 65,324 | -132,747 | 120,328 | 13,828 | 43,430 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -335,032 | -470,531 | -461,555 | 1,349,240 | 179,071 | 45,436 | -99,989 | 218,567 | 57,477 | 65,324 | -132,747 | 120,328 | 13,828 | 43,430 |
offham assets limited Credit Report and Business Information
Offham Assets Limited Competitor Analysis
Perform a competitor analysis for offham assets limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN18 area or any other competitors across 12 key performance metrics.
offham assets limited Ownership
OFFHAM ASSETS LIMITED group structure
Offham Assets Limited has no subsidiary companies.
Ultimate parent company
OFFHAM ASSETS LIMITED
02497057
offham assets limited directors
Offham Assets Limited currently has 1 director, Mr David Cooper serving since Apr 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Cooper | 85 years | Apr 1991 | - | Director |
P&L
June 2023turnover
95.8k
-17%
operating profit
2k
0%
gross margin
56.2%
-2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.7m
+0.01%
total assets
2.8m
+0.01%
cash
592.8k
-0.36%
net assets
Total assets minus all liabilities
offham assets limited company details
company number
02497057
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 1990
age
35
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
cardinal assets limited (September 1999)
giltlodge limited (June 1990)
accountant
BROMLEY CLACKETT LIMITED
auditor
-
address
tarrant place 65 tarrant street, arundel, west sussex, BN18 9DJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
offham assets 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 offham assets limited. Currently there are 1 open charges and 0 have been satisfied in the past.
offham assets 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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offham assets limited Companies House Filings - See Documents
| date | description | view/download |
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