oliver's battery limited

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oliver's battery limited Company Information

Share OLIVER'S BATTERY LIMITED

Company Number

02893723

Shareholders

christopher weatherstone

trustees of claudia weatherstone

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

1 english business park, english close, hove, BN3 7ET

oliver's battery limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of OLIVER'S BATTERY LIMITED at £1.6m based on a Turnover of £648k and 2.41x industry multiple (adjusted for size and gross margin).

oliver's battery limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OLIVER'S BATTERY LIMITED at £0 based on an EBITDA of £-285 and a 4.83x industry multiple (adjusted for size and gross margin).

oliver's battery limited Estimated Valuation

£209.1k

Pomanda estimates the enterprise value of OLIVER'S BATTERY LIMITED at £209.1k based on Net Assets of £118.6k and 1.76x industry multiple (adjusted for liquidity).

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Oliver's Battery Limited Overview

Oliver's Battery Limited is a live company located in hove, BN3 7ET with a Companies House number of 02893723. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1994, it's largest shareholder is christopher weatherstone with a 61.4% stake. Oliver's Battery Limited is a mature, small sized company, Pomanda has estimated its turnover at £648k with low growth in recent years.

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Oliver's Battery Limited Health Check

Pomanda's financial health check has awarded Oliver'S Battery Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £648k, make it smaller than the average company (£955.4k)

£648k - Oliver's Battery Limited

£955.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.8%)

3% - Oliver's Battery Limited

4.8% - Industry AVG

production

Production

with a gross margin of 31.3%, this company has a higher cost of product (72.4%)

31.3% - Oliver's Battery Limited

72.4% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (24.9%)

0% - Oliver's Battery Limited

24.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Oliver's Battery Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Oliver's Battery Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £648k, this is more efficient (£186k)

£648k - Oliver's Battery Limited

£186k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 120 days, this is later than average (32 days)

120 days - Oliver's Battery Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 77 days, this is slower than average (37 days)

77 days - Oliver's Battery Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Oliver's Battery Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Oliver's Battery Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.5%, this is a lower level of debt than the average (68.1%)

44.5% - Oliver's Battery Limited

68.1% - Industry AVG

OLIVER'S BATTERY LIMITED financials

EXPORTms excel logo

Oliver'S Battery Limited's latest turnover from February 2024 is estimated at £648 thousand and the company has net assets of £118.6 thousand. According to their latest financial statements, Oliver'S Battery Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover647,960561,173521,863600,835644,466596,160746,857828,00636,68231,22920,68252,50214,97313,62714,924
Other Income Or Grants
Cost Of Sales445,455403,215379,092430,051466,093420,796524,151555,36325,91622,60215,11739,04611,0119,84611,207
Gross Profit202,505157,958142,771170,784178,373175,364222,706272,64310,7658,6275,56513,4573,9623,7813,716
Admin Expenses202,790158,253141,893170,201177,654173,863221,610146,9869,3158,7923,89411,7562,0342,074-8,110
Operating Profit-285-2958785837191,5011,096125,6571,450-1651,6711,7011,9281,70711,826
Interest Payable
Interest Receivable
Pre-Tax Profit-285-2958785837191,5011,096125,6581,450-1651,6711,7011,9281,70711,826
Tax-167-111-137-285-208-25,131-290-384-408-501-478-3,311
Profit After Tax-285-2957114725821,216888100,5261,160-1651,2871,2931,4271,2298,515
Dividends Paid
Retained Profit-285-2957114725821,216888100,5261,160-1651,2871,2931,4271,2298,515
Employee Costs32,58230,87229,86126,88928,26027,38379,14077,26326,53326,00024,75024,00023,86823,32225,409
Number Of Employees111111331111111
EBITDA*-285-2958785837191,5011,096125,6571,450-1651,6711,7011,9281,70711,826

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress185,790174,990165,990108,85285,73885,58885,389
Trade Debtors213,418213,647213,740212,958203,990196,588189,821187,8021,0201,0201,620
Group Debtors
Misc Debtors
Cash57
misc current assets
total current assets213,418213,647213,740212,958203,990196,588189,821187,802185,847174,990165,990108,85286,75886,60887,009
total assets213,418213,647213,740212,958203,990196,588189,821187,802185,847174,990165,990108,85286,75886,60887,009
Bank overdraft
Bank loan
Trade Creditors 94,22994,19794,04993,99385,51878,80373,26572,14623,03413,3374,17248,32127,52028,79715,196
Group/Directors Accounts15,231
other short term finances
hp & lease commitments
other current liabilities
total current liabilities94,22994,19794,04993,99385,51878,80373,26572,14623,03413,3374,17248,32127,52028,79730,427
loans
hp & lease commitments
Accruals and Deferred Income628604550535514409396384
other liabilities47,97547,97547,97547,97547,97547,97547,975
provisions
total long term liabilities62860455053551440939638447,97547,97547,97547,97547,97547,97547,975
total liabilities94,85794,80194,59994,52886,03279,21273,66172,53071,00961,31252,14796,29675,49576,77278,402
net assets118,561118,846119,141118,430117,958117,376116,160115,272114,838113,678113,84312,55611,2639,8368,607
total shareholders funds118,561118,846119,141118,430117,958117,376116,160115,272114,838113,678113,84312,55611,2639,8368,607
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-285-2958785837191,5011,096125,6571,450-1651,6711,7011,9281,70711,826
Depreciation
Amortisation
Tax-167-111-137-285-208-25,131-290-384-408-501-478-3,311
Stock-185,79010,8009,00057,13823,11415019985,389
Debtors-229-937828,9687,4026,7672,019187,802-1,020-6001,620
Creditors32148568,4756,7155,5381,11949,1129,6979,165-44,14920,801-1,27713,60115,196
Accruals and Deferred Income245415211051312384
Deferred Taxes & Provisions
Cash flow from operations148,01057-100,00015,231-63,298
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-15,23115,231
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-47,97547,975
share issue-100,092100,00092
interest
cash flow from financing-148,067100,000-15,23163,298
cash and cash equivalents
cash-5757
overdraft
change in cash-5757

oliver's battery 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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Oliver's Battery Limited Competitor Analysis

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Perform a competitor analysis for oliver's battery limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BN3 area or any other competitors across 12 key performance metrics.

oliver's battery limited Ownership

OLIVER'S BATTERY LIMITED group structure

Oliver'S Battery Limited has no subsidiary companies.

Ultimate parent company

OLIVER'S BATTERY LIMITED

02893723

OLIVER'S BATTERY LIMITED Shareholders

christopher weatherstone 61.41%
trustees of claudia weatherstone 5.43%
trustees of christian weatherstone 5.43%
sarah weatherstone 5.43%
john rix 3.26%
roy priestly 2.72%
weatherstone properties ltd 2.72%
linda jane seabrook 2.17%
david robert seabrook 2.17%
karen wilkins & dean wilkins 1.63%

oliver's battery limited directors

Oliver'S Battery Limited currently has 1 director, Mr Christopher Weatherstone serving since Feb 1994.

officercountryagestartendrole
Mr Christopher Weatherstone70 years Feb 1994- Director

P&L

February 2024

turnover

648k

+15%

operating profit

-285

0%

gross margin

31.3%

+11.03%

turnover

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

Balance Sheet

February 2024

net assets

118.6k

0%

total assets

213.4k

0%

cash

0

0%

net assets

Total assets minus all liabilities

oliver's battery limited company details

company number

02893723

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

February 1994

age

31

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

CHISNALL COMER ISMAIL & CO

auditor

-

address

1 english business park, english close, hove, BN3 7ET

Bank

-

Legal Advisor

-

oliver's battery 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 did not find charges/mortgages relating to oliver's battery limited.

oliver's battery 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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oliver's battery limited Companies House Filings - See Documents

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