omnibus solutions limited

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omnibus solutions limited Company Information

Share OMNIBUS SOLUTIONS LIMITED

Company Number

03609069

Directors

Gary Hyman

Jonothan Anton

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Shareholders

velociti group limited

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

unit 435, chambers business centre, hollinwood, oldham, OL8 4QQ

omnibus solutions limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of OMNIBUS SOLUTIONS LIMITED at £1.7m based on a Turnover of £1.9m and 0.9x industry multiple (adjusted for size and gross margin).

omnibus solutions limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of OMNIBUS SOLUTIONS LIMITED at £5.1m based on an EBITDA of £940.8k and a 5.47x industry multiple (adjusted for size and gross margin).

omnibus solutions limited Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of OMNIBUS SOLUTIONS LIMITED at £6.8m based on Net Assets of £2.9m and 2.38x industry multiple (adjusted for liquidity).

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Omnibus Solutions Limited Overview

Omnibus Solutions Limited is a live company located in hollinwood, OL8 4QQ with a Companies House number of 03609069. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 1998, it's largest shareholder is velociti group limited with a 100% stake. Omnibus Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.

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Omnibus Solutions Limited Health Check

Pomanda's financial health check has awarded Omnibus Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1.9m, make it smaller than the average company (£4.6m)

£1.9m - Omnibus Solutions Limited

£4.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (10.2%)

-13% - Omnibus Solutions Limited

10.2% - Industry AVG

production

Production

with a gross margin of 72%, this company has a comparable cost of product (72%)

72% - Omnibus Solutions Limited

72% - Industry AVG

profitability

Profitability

an operating margin of 48.3% make it more profitable than the average company (3.4%)

48.3% - Omnibus Solutions Limited

3.4% - Industry AVG

employees

Employees

with 26 employees, this is below the industry average (42)

26 - Omnibus Solutions Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £71.7k, the company has an equivalent pay structure (£71.7k)

£71.7k - Omnibus Solutions Limited

£71.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.7k, this is less efficient (£122.3k)

£73.7k - Omnibus Solutions Limited

£122.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is earlier than average (58 days)

39 days - Omnibus Solutions Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (41 days)

16 days - Omnibus Solutions Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (19 days)

3 days - Omnibus Solutions Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (17 weeks)

4 weeks - Omnibus Solutions Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (63.1%)

24.7% - Omnibus Solutions Limited

63.1% - Industry AVG

OMNIBUS SOLUTIONS LIMITED financials

EXPORTms excel logo

Omnibus Solutions Limited's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of £2.9 million. According to their latest financial statements, Omnibus Solutions Limited has 26 employees and maintains cash reserves of £89.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,915,3552,658,6003,412,6822,884,4723,864,3602,422,7722,626,7972,063,5652,515,4833,434,9783,405,1633,832,8032,070,7292,413,6933,741,441
Other Income Or Grants
Cost Of Sales536,266760,073922,077796,1891,004,355621,565701,480547,665631,254825,168842,141906,804475,163517,822997,541
Gross Profit1,379,0891,898,5272,490,6052,088,2842,860,0051,801,2071,925,3171,515,9001,884,2292,609,8102,563,0222,925,9991,595,5661,895,8702,743,900
Admin Expenses453,1191,222,6212,210,2972,067,2722,694,2551,870,5952,026,7431,506,5781,704,7892,775,4752,344,0782,573,9411,135,4831,352,7282,286,472
Operating Profit925,970675,906280,30821,012165,750-69,388-101,4269,322179,440-165,665218,944352,058460,083543,142457,428
Interest Payable
Interest Receivable7,18910,2232,2311,1369528,0557,5094,1338,5039,0968,6948,3457,5324,8441,467
Pre-Tax Profit933,159686,130282,54022,148166,701-61,333-93,91713,455187,943-156,569227,638360,403467,615547,986458,894
Tax-233,290-130,365-53,683-4,208-31,673-2,691-37,588-52,357-86,497-121,580-153,436-128,490
Profit After Tax699,869555,765228,85717,940135,028-61,333-93,91710,764150,354-156,569175,281273,906346,035394,550330,404
Dividends Paid
Retained Profit699,869555,765228,85717,940135,028-61,333-93,91710,764150,354-156,569175,281273,906346,035394,550330,404
Employee Costs1,863,6551,838,3562,535,4522,409,1262,113,7992,114,2152,060,9981,877,1211,727,5571,713,8821,728,2691,934,7301,094,8371,208,8721,910,814
Number Of Employees262740403735353332323237212439
EBITDA*940,797707,595335,244102,858269,05330,435-23,73871,784232,726-119,780260,540404,587505,593607,248599,603

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets19,29226,07434,283240,965303,421285,044268,718198,917192,030133,991102,907107,14187,76166,33259,554
Intangible Assets556,67516,67524,17534,17544,1696812,0293,37715,72429,07456,312
Investments & Other
Debtors (Due After 1 year)5,1002,4902,1003,130
Total Fixed Assets19,29726,07940,958262,740327,596319,219312,887198,917192,030134,672107,426112,618106,61595,406115,866
Stock & work in progress5,4005,4005,4005,4414,7705,9516,7428,7501,4881,2141,9091,4251,7342,8891,788
Trade Debtors208,692467,838546,828419,697861,596348,833414,141255,157394,257626,551590,646665,038349,413419,630637,785
Group Debtors3,371,6032,526,2461,499,050
Misc Debtors117,592164,009169,209409,592493,551693,911274,362210,710254,33269,83935,534
Cash89,915183,951400,2481,384,8671,016,095887,0271,260,9981,742,6871,563,8061,837,2901,801,2541,676,2821,661,6151,351,024586,672
misc current assets60,91755,919286,000
total current assets3,793,2023,347,4442,620,7352,280,5142,431,9311,996,4702,242,2432,217,3042,213,8832,465,0552,393,8092,342,7452,082,6011,809,0771,226,245
total assets3,812,4993,373,5232,661,6932,543,2542,759,5272,315,6892,555,1302,416,2212,405,9132,599,7272,501,2352,455,3632,189,2161,904,4831,342,111
Bank overdraft
Bank loan
Trade Creditors 24,79742,51338,80569,97126,82814,65925,92714,31728,9051,224,801973,1691,103,1661,113,4021,175,9281,007,396
Group/Directors Accounts8888
other short term finances
hp & lease commitments8,613
other current liabilities915,6081,158,7851,006,5161,068,5421,213,023896,5851,050,419838,974847,302
total current liabilities940,4931,201,3861,045,3211,147,1261,239,851911,2441,076,346853,291876,2071,224,801973,1691,103,1661,113,4021,175,9281,007,396
loans
hp & lease commitments8,613
Accruals and Deferred Income
other liabilities15,07320,40622,460
provisions34,87027,47015,64515,64511,2197,7907,2024,7253,5014,211
total long term liabilities8,61315,07334,87047,87638,10515,64511,2197,7907,2024,7253,5014,211
total liabilities940,4931,201,3861,045,3211,155,7391,254,924946,1141,124,222891,396891,8521,236,020980,9591,110,3681,118,1271,179,4291,011,607
net assets2,872,0062,172,1371,616,3721,387,5151,504,6031,369,5751,430,9081,524,8251,514,0611,363,7071,520,2761,344,9951,071,089725,054330,504
total shareholders funds2,872,0062,172,1371,616,3721,387,5151,504,6031,369,5751,430,9081,524,8251,514,0611,363,7071,520,2761,344,9951,071,089725,054330,504
Dec 2023Dec 2022Dec 2021Dec 2020Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit925,970675,906280,30821,012165,750-69,388-101,4269,322179,440-165,665218,944352,058460,083543,142457,428
Depreciation14,82725,01944,93674,34693,30389,82971,85762,46252,60544,53740,24840,18232,16030,11848,218
Amortisation6,67010,0007,50010,0009,9945,8316811,3481,34812,34713,35033,98893,957
Tax-233,290-130,365-53,683-4,208-31,673-2,691-37,588-52,357-86,497-121,580-153,436-128,490
Stock-41-510-1,181-791-2,0087,262274-695484-309-1,1551,1011,788
Debtors539,794943,0061,380,698-208,355312,403354,241222,636-182,72222,03833,415-74,002244,756-32,782-182,621637,785
Creditors-17,7163,708-31,16655,31212,169-11,26811,610-14,588-1,195,896251,632-129,997-10,236-62,526168,5321,007,396
Accruals and Deferred Income-243,177152,269-62,026171,957316,438-153,834211,445-8,328847,302
Deferred Taxes & Provisions-34,870-34,8707,40011,8254,4263,4295882,4771,224-7104,211
Cash flow from operations-93,180-209,799-1,192,288499,914219,895-480,717-9,486221,637-171,342102,561152,29265,884356,648803,154843,147
Investing Activities
capital expenditure-8,045-16,810161,746-20,267-111,680-106,155-191,658-69,349-110,644-75,621-36,014-59,562-53,589-43,646-258,041
Change in Investments
cash flow from investments-8,045-16,810161,746-20,267-111,680-106,155-191,658-69,349-110,644-75,621-36,014-59,562-53,589-43,646-258,041
Financing Activities
Bank loans
Group/Directors Accounts88
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-17,22617,226
other long term liabilities15,073-20,406-2,05422,460
share issue100
interest7,18910,2232,2311,1369528,0557,5094,1338,5039,0968,6948,3457,5324,8441,467
cash flow from financing7,18910,311-14,99518,36216,025-12,3515,45526,5938,5039,0968,6948,3457,5324,8441,567
cash and cash equivalents
cash-94,036-216,297-984,619497,840129,068-373,971-481,689178,881-273,48436,036124,97214,667310,591764,352586,672
overdraft
change in cash-94,036-216,297-984,619497,840129,068-373,971-481,689178,881-273,48436,036124,97214,667310,591764,352586,672

omnibus solutions 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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Omnibus Solutions Limited Competitor Analysis

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Perform a competitor analysis for omnibus solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in OL8 area or any other competitors across 12 key performance metrics.

omnibus solutions limited Ownership

OMNIBUS SOLUTIONS LIMITED group structure

Omnibus Solutions Limited has no subsidiary companies.

Ultimate parent company

2 parents

OMNIBUS SOLUTIONS LIMITED

03609069

OMNIBUS SOLUTIONS LIMITED Shareholders

velociti group limited 100%

omnibus solutions limited directors

Omnibus Solutions Limited currently has 4 directors. The longest serving directors include Mr Gary Hyman (Feb 2021) and Mr Jonothan Anton (Feb 2021).

officercountryagestartendrole
Mr Gary HymanEngland59 years Feb 2021- Director
Mr Jonothan AntonEngland39 years Feb 2021- Director
Mr Jeff HewittUnited Kingdom53 years Jun 2024- Director
Ms Carly WilsonEngland42 years Sep 2024- Director

P&L

December 2023

turnover

1.9m

-28%

operating profit

926k

0%

gross margin

72.1%

+0.83%

turnover

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

Balance Sheet

December 2023

net assets

2.9m

+0.32%

total assets

3.8m

+0.13%

cash

89.9k

-0.51%

net assets

Total assets minus all liabilities

omnibus solutions limited company details

company number

03609069

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 1998

age

27

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

LUCKMANS DUCKETT PARKER LIMITED

auditor

-

address

unit 435, chambers business centre, hollinwood, oldham, OL8 4QQ

Bank

-

Legal Advisor

-

omnibus solutions 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 3 charges/mortgages relating to omnibus solutions limited. Currently there are 1 open charges and 2 have been satisfied in the past.

omnibus solutions 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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omnibus solutions limited Companies House Filings - See Documents

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