opal city living limited
opal city living limited Company Information
Company Number
04143266
Next Accounts
Apr 2025
Shareholders
opal portfolio 2 ltd
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
2 st peters square, manchester, M2 3EY
Website
opalgroup.comopal city living limited Estimated Valuation
Pomanda estimates the enterprise value of OPAL CITY LIVING LIMITED at £5.6m based on a Turnover of £1.1m and 4.85x industry multiple (adjusted for size and gross margin).
opal city living limited Estimated Valuation
Pomanda estimates the enterprise value of OPAL CITY LIVING LIMITED at £6.4m based on an EBITDA of £759.3k and a 8.43x industry multiple (adjusted for size and gross margin).
opal city living limited Estimated Valuation
Pomanda estimates the enterprise value of OPAL CITY LIVING LIMITED at £5.2m based on Net Assets of £2.9m and 1.79x industry multiple (adjusted for liquidity).
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Opal City Living Limited Overview
Opal City Living Limited is a dissolved company that was located in manchester, M2 3EY with a Companies House number of 04143266. It operated in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in January 2001, it's largest shareholder was opal portfolio 2 ltd with a 100% stake. The last turnover for Opal City Living Limited was estimated at £1.1m.
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Opal City Living Limited Health Check
Pomanda's financial health check has awarded Opal City Living Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £1.1m, make it larger than the average company (£480.6k)
£1.1m - Opal City Living Limited
£480.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (1.2%)
1% - Opal City Living Limited
1.2% - Industry AVG
Production
with a gross margin of 79.5%, this company has a comparable cost of product (73.7%)
79.5% - Opal City Living Limited
73.7% - Industry AVG
Profitability
an operating margin of 62% make it more profitable than the average company (41.8%)
62% - Opal City Living Limited
41.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Opal City Living Limited
5 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has an equivalent pay structure (£25k)
£23.5k - Opal City Living Limited
£25k - Industry AVG
Efficiency
resulting in sales per employee of £382.5k, this is more efficient (£154.1k)
£382.5k - Opal City Living Limited
£154.1k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (22 days)
4 days - Opal City Living Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (49 days)
75 days - Opal City Living Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Opal City Living Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Opal City Living Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.3%, this is a higher level of debt than the average (71.9%)
86.3% - Opal City Living Limited
71.9% - Industry AVG
OPAL CITY LIVING LIMITED financials
Opal City Living Limited's latest turnover from September 2012 is £1.1 million and the company has net assets of £2.9 million. According to their latest financial statements, Opal City Living Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|
| Turnover | 1,147,404 | 1,043,140 | 984,916 | 1,117,076 |
| Other Income Or Grants | ||||
| Cost Of Sales | 235,482 | 269,759 | 135,444 | 119,384 |
| Gross Profit | 911,922 | 773,381 | 849,472 | 997,692 |
| Admin Expenses | 201,106 | 164,990 | 300,286 | 221,668 |
| Operating Profit | 710,816 | 608,391 | 549,186 | 776,024 |
| Interest Payable | 643,578 | 674,975 | 687,615 | 647,251 |
| Interest Receivable | ||||
| Pre-Tax Profit | 67,238 | -66,584 | -138,429 | 128,773 |
| Tax | ||||
| Profit After Tax | 67,238 | -66,584 | -138,429 | 128,773 |
| Dividends Paid | ||||
| Retained Profit | 67,238 | -66,584 | -138,429 | 128,773 |
| Employee Costs | 70,537 | 77,364 | 80,960 | 81,539 |
| Number Of Employees | 3 | 3 | 3 | 1 |
| EBITDA* | 759,286 | 651,224 | 580,286 | 801,358 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|
| Tangible Assets | 13,467,000 | 20,113,818 | 85,824 | 61,118 |
| Intangible Assets | ||||
| Investments & Other | 17,780,000 | 17,780,000 | ||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 13,467,000 | 20,113,818 | 17,865,824 | 17,841,118 |
| Stock & work in progress | ||||
| Trade Debtors | 15,423 | 3,819 | 18,859 | 23,497 |
| Group Debtors | 7,626,604 | 6,844,942 | 6,202,580 | 5,427,657 |
| Misc Debtors | 25,296 | 21,658 | 24,403 | 25,943 |
| Cash | ||||
| misc current assets | ||||
| total current assets | 7,667,323 | 6,870,419 | 6,245,842 | 5,477,097 |
| total assets | 21,134,323 | 26,984,237 | 24,111,666 | 23,318,215 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 48,945 | 33,907 | 57,728 | 43,841 |
| Group/Directors Accounts | 18,025,991 | 17,303,890 | 16,584,920 | 15,807,920 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 159,209 | 175,458 | 155,452 | 14,459 |
| total current liabilities | 18,234,145 | 17,513,255 | 16,798,100 | 15,866,220 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 18,234,145 | 17,513,255 | 16,798,100 | 15,866,220 |
| net assets | 2,900,178 | 9,470,982 | 7,313,566 | 7,451,995 |
| total shareholders funds | 2,900,178 | 9,470,982 | 7,313,566 | 7,451,995 |
| Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 710,816 | 608,391 | 549,186 | 776,024 |
| Depreciation | 48,470 | 42,833 | 31,100 | 25,334 |
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 796,904 | 624,577 | 768,745 | 5,477,097 |
| Creditors | 15,038 | -23,821 | 13,887 | 43,841 |
| Accruals and Deferred Income | -16,249 | 20,006 | 140,993 | 14,459 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | -38,829 | 22,832 | -33,579 | -4,617,439 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -17,780,000 | 17,780,000 | ||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 722,101 | 718,970 | 777,000 | 15,807,920 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | -643,578 | -674,975 | -687,615 | -647,251 |
| cash flow from financing | -6,559,519 | 2,267,995 | 89,385 | 22,483,891 |
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
opal city living limited Credit Report and Business Information
Opal City Living Limited Competitor Analysis
Perform a competitor analysis for opal city living limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
opal city living limited Ownership
OPAL CITY LIVING LIMITED group structure
Opal City Living Limited has no subsidiary companies.
Ultimate parent company
2 parents
OPAL CITY LIVING LIMITED
04143266
opal city living limited directors
Opal City Living Limited currently has 3 directors. The longest serving directors include Mr Stuart Wall (Jan 2001) and Mr Craig Mellor (Aug 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Wall | 73 years | Jan 2001 | - | Director | |
| Mr Craig Mellor | England | 53 years | Aug 2010 | - | Director |
| Mr Gavin Duncan | 62 years | Aug 2010 | - | Director |
P&L
September 2012turnover
1.1m
+10%
operating profit
710.8k
+17%
gross margin
79.5%
+7.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2012net assets
2.9m
-0.69%
total assets
21.1m
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
opal city living limited company details
company number
04143266
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
January 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2012
previous names
N/A
accountant
-
auditor
-
address
2 st peters square, manchester, M2 3EY
Bank
-
Legal Advisor
-
opal city living 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 9 charges/mortgages relating to opal city living limited. Currently there are 6 open charges and 3 have been satisfied in the past.
opal city living 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.
Click to start generating capital raising & share issue transactions for OPAL CITY LIVING LIMITED. This can take several minutes, an email will notify you when this has completed.
opal city living limited Companies House Filings - See Documents
| date | description | view/download |
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