ocee design limited
ocee design limited Company Information
Company Number
02524177
Next Accounts
Mar 2026
Shareholders
ocee international limited
Group Structure
View All
Industry
Manufacture of office and shop furniture
Registered Address
ocee & four design, uk, liliput road, northampton, NN4 7AS
Website
www.ocee-ergonomics.comocee design limited Estimated Valuation
Pomanda estimates the enterprise value of OCEE DESIGN LIMITED at £7.2m based on a Turnover of £14.7m and 0.49x industry multiple (adjusted for size and gross margin).
ocee design limited Estimated Valuation
Pomanda estimates the enterprise value of OCEE DESIGN LIMITED at £2m based on an EBITDA of £384.8k and a 5.09x industry multiple (adjusted for size and gross margin).
ocee design limited Estimated Valuation
Pomanda estimates the enterprise value of OCEE DESIGN LIMITED at £14.1m based on Net Assets of £7.5m and 1.88x industry multiple (adjusted for liquidity).
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Ocee Design Limited Overview
Ocee Design Limited is a live company located in northampton, NN4 7AS with a Companies House number of 02524177. It operates in the manufacture of office and shop furniture sector, SIC Code 31010. Founded in July 1990, it's largest shareholder is ocee international limited with a 100% stake. Ocee Design Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.7m with healthy growth in recent years.
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Ocee Design Limited Health Check
Pomanda's financial health check has awarded Ocee Design Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
8 Regular
2 Weak
Size
annual sales of £14.7m, make it in line with the average company (£15.2m)
£14.7m - Ocee Design Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.6%)
6% - Ocee Design Limited
7.6% - Industry AVG
Production
with a gross margin of 36.2%, this company has a comparable cost of product (32.3%)
36.2% - Ocee Design Limited
32.3% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (3.8%)
2% - Ocee Design Limited
3.8% - Industry AVG
Employees
with 87 employees, this is similar to the industry average (89)
87 - Ocee Design Limited
89 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£40.6k)
£35.3k - Ocee Design Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £169k, this is equally as efficient (£167.5k)
£169k - Ocee Design Limited
£167.5k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (48 days)
46 days - Ocee Design Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (43 days)
61 days - Ocee Design Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is in line with average (53 days)
56 days - Ocee Design Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Ocee Design Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.4%, this is a lower level of debt than the average (45.1%)
33.4% - Ocee Design Limited
45.1% - Industry AVG
OCEE DESIGN LIMITED financials
Ocee Design Limited's latest turnover from June 2024 is £14.7 million and the company has net assets of £7.5 million. According to their latest financial statements, Ocee Design Limited has 87 employees and maintains cash reserves of £287 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,707,034 | 18,455,327 | 16,151,175 | 12,219,899 | 14,900,103 | 17,637,999 | 17,676,366 | 16,964,681 | 15,065,992 | 12,762,528 | 10,113,458 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 9,380,399 | 11,721,363 | 10,677,415 | 8,116,561 | 10,024,672 | 11,638,746 | 12,118,433 | 12,067,042 | 10,471,830 | 9,027,138 | 7,151,410 | ||||
| Gross Profit | 5,326,635 | 6,733,964 | 5,473,760 | 4,103,338 | 4,875,431 | 5,999,253 | 5,557,933 | 4,897,639 | 4,594,162 | 3,735,390 | 2,962,048 | ||||
| Admin Expenses | 5,034,530 | 5,373,398 | 4,971,960 | 3,489,250 | 4,468,716 | 5,550,036 | 4,364,922 | 4,561,945 | 3,265,239 | 2,625,520 | 1,897,446 | ||||
| Operating Profit | 292,105 | 1,360,566 | 501,800 | 614,088 | 406,715 | 449,217 | 1,193,011 | 335,694 | 1,328,923 | 1,109,870 | 1,064,602 | ||||
| Interest Payable | 140,501 | 128,860 | 77,370 | 40,220 | 69,983 | 64,481 | 71,484 | 212,620 | 5,837 | 17,586 | 4,712 | ||||
| Interest Receivable | 1,331 | 1,146 | 1,190 | 28,053 | 30,056 | 7,636 | |||||||||
| Pre-Tax Profit | 151,604 | 1,231,706 | 424,430 | 573,868 | 338,063 | 385,882 | 1,122,717 | 123,074 | 1,351,139 | 1,122,340 | 1,067,526 | ||||
| Tax | -62,183 | 21,071 | 12,149 | 17,650 | 90,239 | -57,243 | -154,267 | 143,680 | -272,471 | -237,235 | -180,898 | ||||
| Profit After Tax | 89,421 | 1,252,777 | 436,579 | 591,518 | 428,302 | 328,639 | 968,450 | 266,754 | 1,078,668 | 885,105 | 886,628 | ||||
| Dividends Paid | 199,149 | 412,417 | 402,491 | ||||||||||||
| Retained Profit | 89,421 | 1,252,777 | 436,579 | 591,518 | 428,302 | 328,639 | 968,450 | 266,754 | 879,519 | 472,688 | 484,137 | ||||
| Employee Costs | 3,067,626 | 3,696,876 | 3,262,118 | 2,728,651 | 3,722,470 | 3,934,154 | 3,388,985 | 3,317,602 | 2,913,461 | 2,293,740 | 1,768,611 | ||||
| Number Of Employees | 87 | 92 | 91 | 91 | 109 | 110 | 95 | 91 | 82 | 65 | 51 | ||||
| EBITDA* | 384,758 | 1,452,032 | 665,191 | 844,356 | 700,626 | 810,501 | 1,573,978 | 743,827 | 1,510,248 | 1,237,850 | 1,103,010 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 413,376 | 100,349 | 148,267 | 248,439 | 414,276 | 560,320 | 531,572 | 661,809 | 787,279 | 715,651 | 549,754 | 257,465 | 283,487 | 306,337 | 285,995 |
| Intangible Assets | 105,679 | 118,675 | 132,215 | 291,398 | 350,331 | 392,662 | 386,302 | 443,273 | 292,500 | ||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 519,055 | 219,024 | 280,482 | 539,837 | 764,607 | 952,982 | 917,874 | 1,105,082 | 1,079,779 | 715,651 | 549,754 | 257,465 | 283,487 | 306,337 | 285,995 |
| Stock & work in progress | 1,442,159 | 1,762,804 | 1,968,549 | 1,444,651 | 1,755,492 | 1,733,781 | 1,727,925 | 1,402,736 | 1,400,117 | 1,036,705 | 910,097 | 874,677 | 640,357 | 421,775 | 406,382 |
| Trade Debtors | 1,890,748 | 2,417,094 | 2,533,779 | 2,224,527 | 1,445,102 | 3,124,710 | 3,116,684 | 2,416,364 | 2,318,891 | 2,073,494 | 1,624,273 | 1,370,842 | 1,222,105 | 894,341 | 813,140 |
| Group Debtors | 6,987,353 | 7,066,055 | 5,451,196 | 4,625,902 | 3,203,485 | 3,730,395 | 2,194,151 | 3,917,616 | 4,930,620 | ||||||
| Misc Debtors | 171,764 | 327,290 | 319,515 | 410,888 | 280,502 | 204,887 | 183,114 | 246,738 | 398,666 | 906,150 | 827,491 | ||||
| Cash | 286,981 | 172,861 | 350,864 | 475,828 | 262,720 | 72,782 | 311,461 | 429,434 | 344,539 | 250 | 250 | 110,944 | 8,152 | 116,138 | 42,197 |
| misc current assets | |||||||||||||||
| total current assets | 10,779,005 | 11,746,104 | 10,623,903 | 9,181,796 | 6,947,301 | 8,866,555 | 7,533,335 | 8,412,888 | 9,392,833 | 4,016,599 | 3,362,111 | 2,356,463 | 1,870,614 | 1,432,254 | 1,261,719 |
| total assets | 11,298,060 | 11,965,128 | 10,904,385 | 9,721,633 | 7,711,908 | 9,819,537 | 8,451,209 | 9,517,970 | 10,472,612 | 4,732,250 | 3,911,865 | 2,613,928 | 2,154,101 | 1,738,591 | 1,547,714 |
| Bank overdraft | 94,781 | 321,134 | |||||||||||||
| Bank loan | 701,994 | 705,265 | |||||||||||||
| Trade Creditors | 1,580,400 | 1,655,268 | 1,583,915 | 1,195,015 | 665,508 | 1,538,435 | 1,080,890 | 1,045,263 | 1,395,235 | 1,417,487 | 1,229,113 | 1,249,464 | 1,161,570 | 781,516 | 722,160 |
| Group/Directors Accounts | 97,047 | 95,241 | 103,282 | 87,129 | 77,040 | 87,129 | 250,000 | 722,646 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 57,485 | 19,116 | 53,007 | 75,947 | 70,476 | 92,297 | 88,572 | 64,610 | 20,927 | 4,031 | 13,706 | 3,851 | 9,099 | ||
| other current liabilities | 1,558,444 | 2,710,473 | 2,917,037 | 2,493,701 | 1,519,026 | 3,101,107 | 2,398,376 | 2,105,178 | 3,107,495 | 823,915 | 454,696 | ||||
| total current liabilities | 3,293,376 | 4,480,098 | 4,657,241 | 3,851,792 | 2,332,050 | 4,818,968 | 3,817,838 | 4,639,691 | 5,228,922 | 2,340,214 | 2,018,649 | 1,253,315 | 1,170,669 | 781,516 | 722,160 |
| loans | 1,108,291 | 1,894,735 | |||||||||||||
| hp & lease commitments | 122,227 | 53,007 | 127,315 | 162,590 | 58,428 | 111,013 | 63,867 | 3,851 | |||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 31,418 | ||||||||||||||
| provisions | 362,183 | 54,177 | 69,068 | 75,337 | 102,564 | 116,302 | 181,905 | 202,969 | 127,254 | 113,721 | 87,589 | 41,981 | 24,013 | 16,565 | 21,000 |
| total long term liabilities | 484,410 | 54,177 | 69,068 | 128,344 | 229,879 | 278,892 | 240,333 | 1,453,691 | 2,085,856 | 113,721 | 87,589 | 41,981 | 27,864 | 16,565 | 21,000 |
| total liabilities | 3,777,786 | 4,534,275 | 4,726,309 | 3,980,136 | 2,561,929 | 5,097,860 | 4,058,171 | 6,093,382 | 7,314,778 | 2,453,935 | 2,106,238 | 1,295,296 | 1,198,533 | 798,081 | 743,160 |
| net assets | 7,520,274 | 7,430,853 | 6,178,076 | 5,741,497 | 5,149,979 | 4,721,677 | 4,393,038 | 3,424,588 | 3,157,834 | 2,278,315 | 1,805,627 | 1,318,632 | 955,568 | 940,510 | 804,554 |
| total shareholders funds | 7,520,274 | 7,430,853 | 6,178,076 | 5,741,497 | 5,149,979 | 4,721,677 | 4,393,038 | 3,424,588 | 3,157,834 | 2,278,315 | 1,805,627 | 1,318,632 | 955,568 | 940,510 | 804,554 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 292,105 | 1,360,566 | 501,800 | 614,088 | 406,715 | 449,217 | 1,193,011 | 335,694 | 1,328,923 | 1,109,870 | 1,064,602 | ||||
| Depreciation | 79,657 | 77,926 | 117,662 | 171,335 | 235,523 | 305,454 | 323,674 | 370,575 | 173,825 | 127,980 | 38,408 | 41,438 | 43,710 | 31,592 | 36,211 |
| Amortisation | 12,996 | 13,540 | 45,729 | 58,933 | 58,388 | 55,830 | 57,293 | 37,558 | 7,500 | ||||||
| Tax | -62,183 | 21,071 | 12,149 | 17,650 | 90,239 | -57,243 | -154,267 | 143,680 | -272,471 | -237,235 | -180,898 | ||||
| Stock | -320,645 | -205,745 | 523,898 | -310,841 | 21,711 | 5,856 | 325,189 | 2,619 | 363,412 | 126,608 | 35,420 | 234,320 | 218,582 | 15,393 | 406,382 |
| Debtors | -760,574 | 1,505,949 | 1,043,173 | 2,332,228 | -2,130,903 | 1,566,043 | -1,086,769 | -1,067,459 | 4,668,533 | 527,880 | 1,080,922 | 148,737 | 327,764 | 81,201 | 813,140 |
| Creditors | -74,868 | 71,353 | 388,900 | 529,507 | -872,927 | 457,545 | 35,627 | -349,972 | -22,252 | 188,374 | -20,351 | 87,894 | 380,054 | 59,356 | 722,160 |
| Accruals and Deferred Income | -1,152,029 | -206,564 | 423,336 | 974,675 | -1,582,081 | 702,731 | 293,198 | -1,002,317 | 2,283,580 | 369,219 | 454,696 | ||||
| Deferred Taxes & Provisions | 308,006 | -14,891 | -6,269 | -27,227 | -13,738 | -65,603 | -21,064 | 75,715 | 13,533 | 26,132 | 45,608 | 17,968 | 7,448 | -4,435 | 21,000 |
| Cash flow from operations | 484,903 | 22,797 | -83,764 | 317,574 | 431,311 | 276,032 | 2,489,052 | 675,773 | -1,519,307 | 929,852 | 285,723 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | -546,410 | -293,877 | -330,697 | ||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -546,410 | -293,877 | -330,697 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -701,994 | -3,271 | 705,265 | ||||||||||||
| Group/Directors Accounts | 1,806 | -8,041 | 16,153 | 10,089 | -10,089 | -162,871 | -472,646 | 722,646 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,108,291 | -786,444 | 1,894,735 | ||||||||||||
| Hire Purchase and Lease Commitments | 160,596 | -33,891 | -75,947 | -68,837 | -57,096 | 107,887 | -28,623 | 90,829 | 80,763 | -9,675 | 9,855 | -9,099 | 12,950 | ||
| other long term liabilities | -31,418 | 31,418 | |||||||||||||
| share issue | |||||||||||||||
| interest | -140,501 | -128,860 | -77,370 | -40,220 | -68,652 | -63,335 | -70,294 | -212,620 | 22,216 | 12,470 | 2,924 | ||||
| cash flow from financing | 21,901 | -170,792 | -137,164 | -98,968 | -135,837 | -118,319 | -2,413,266 | -157,442 | 2,702,979 | 2,795 | 15,637 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 114,120 | -178,003 | -124,964 | 213,108 | 189,938 | -238,679 | -117,973 | 84,895 | 344,289 | -110,694 | 102,792 | -107,986 | 73,941 | 42,197 | |
| overdraft | -94,781 | -226,353 | 321,134 | ||||||||||||
| change in cash | 114,120 | -178,003 | -124,964 | 213,108 | 189,938 | -238,679 | -117,973 | 84,895 | 439,070 | 226,353 | -431,828 | 102,792 | -107,986 | 73,941 | 42,197 |
ocee design limited Credit Report and Business Information
Ocee Design Limited Competitor Analysis
Perform a competitor analysis for ocee design limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NN4 area or any other competitors across 12 key performance metrics.
ocee design limited Ownership
OCEE DESIGN LIMITED group structure
Ocee Design Limited has no subsidiary companies.
ocee design limited directors
Ocee Design Limited currently has 3 directors. The longest serving directors include Mr Alistair Gough (May 2010) and Mr Neil Clark (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alistair Gough | United Kingdom | 61 years | May 2010 | - | Director |
| Mr Neil Clark | United Kingdom | 57 years | Aug 2016 | - | Director |
| Ms Alison Gladman | United Kingdom | 42 years | Jul 2023 | - | Director |
P&L
June 2024turnover
14.7m
-20%
operating profit
292.1k
-79%
gross margin
36.3%
-0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
7.5m
+0.01%
total assets
11.3m
-0.06%
cash
287k
+0.66%
net assets
Total assets minus all liabilities
ocee design limited company details
company number
02524177
Type
Private limited with Share Capital
industry
31010 - Manufacture of office and shop furniture
incorporation date
July 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
office chairman limited (May 2009)
workplace furniture limited (July 2007)
accountant
-
auditor
MHA
address
ocee & four design, uk, liliput road, northampton, NN4 7AS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ocee design 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 10 charges/mortgages relating to ocee design limited. Currently there are 6 open charges and 4 have been satisfied in the past.
ocee design limited Capital Raised & Share Issues BETA
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ocee design limited Companies House Filings - See Documents
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