opazlight international limited

opazlight international limited Company Information

Share OPAZLIGHT INTERNATIONAL LIMITED
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MatureSmallDeclining

Company Number

05287799

Industry

Retail sale via mail order houses or via Internet

 

Shareholders

anuj ghaghada

jignesh ghaghada

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Group Structure

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Contact

Registered Address

maruti house, 1st floor, 369 station road, harrow, middlesex, HA1 2AW

opazlight international limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of OPAZLIGHT INTERNATIONAL LIMITED at £1.2m based on a Turnover of £3.5m and 0.35x industry multiple (adjusted for size and gross margin).

opazlight international limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OPAZLIGHT INTERNATIONAL LIMITED at £0 based on an EBITDA of £-113.7k and a 4.13x industry multiple (adjusted for size and gross margin).

opazlight international limited Estimated Valuation

£11.1k

Pomanda estimates the enterprise value of OPAZLIGHT INTERNATIONAL LIMITED at £11.1k based on Net Assets of £4.9k and 2.28x industry multiple (adjusted for liquidity).

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Opazlight International Limited Overview

Opazlight International Limited is a live company located in harrow, HA1 2AW with a Companies House number of 05287799. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in November 2004, it's largest shareholder is anuj ghaghada with a 20% stake. Opazlight International Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.

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Opazlight International Limited Health Check

Pomanda's financial health check has awarded Opazlight International Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £3.5m, make it larger than the average company (£505.9k)

£3.5m - Opazlight International Limited

£505.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.5%)

-5% - Opazlight International Limited

4.5% - Industry AVG

production

Production

with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)

35.9% - Opazlight International Limited

35.9% - Industry AVG

profitability

Profitability

an operating margin of -3.5% make it less profitable than the average company (2%)

-3.5% - Opazlight International Limited

2% - Industry AVG

employees

Employees

with 24 employees, this is above the industry average (7)

24 - Opazlight International Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)

£31.5k - Opazlight International Limited

£31.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £144.4k, this is less efficient (£186.9k)

£144.4k - Opazlight International Limited

£186.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is near the average (19 days)

20 days - Opazlight International Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 81 days, this is slower than average (32 days)

81 days - Opazlight International Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 95 days, this is in line with average (81 days)

95 days - Opazlight International Limited

81 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (17 weeks)

2 weeks - Opazlight International Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (72.1%)

99.4% - Opazlight International Limited

72.1% - Industry AVG

OPAZLIGHT INTERNATIONAL LIMITED financials

EXPORTms excel logo

Opazlight International Limited's latest turnover from December 2023 is estimated at £3.5 million and the company has net assets of £4.9 thousand. According to their latest financial statements, Opazlight International Limited has 24 employees and maintains cash reserves of £33.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,466,0664,431,6383,932,6684,070,9302,975,9647,278,2064,932,3902,467,6872,559,0402,038,4281,585,7061,345,228317,736304,3500
Other Income Or Grants000000000000000
Cost Of Sales2,222,9622,829,5422,498,9672,637,2441,865,0584,501,6883,024,0881,528,6741,554,2341,215,263950,324805,878189,188179,1780
Gross Profit1,243,1041,602,0971,433,7021,433,6861,110,9062,776,5171,908,302939,0131,004,807823,165635,382539,349128,547125,1710
Admin Expenses1,366,0291,597,1611,331,0241,287,4401,453,7702,734,9101,564,206895,709931,266758,448766,491569,03898,673146,595216,289
Operating Profit-122,9254,936102,678146,246-342,86441,607344,09643,30473,54164,717-131,109-29,68929,874-21,424-216,289
Interest Payable18,77921,96417,98611,0961,7300000000000
Interest Receivable1,40095623810217801561174143253362318331199
Pre-Tax Profit-140,304-16,07284,930135,252-344,41641,607344,11143,36573,71564,861-130,856-29,32730,192-21,093-216,090
Tax00-16,137-25,6980-7,905-65,381-8,673-14,743-13,62100-7,85000
Profit After Tax-140,304-16,07268,793109,554-344,41633,702278,73034,69258,97251,240-130,856-29,32722,342-21,093-216,090
Dividends Paid000000000000000
Retained Profit-140,304-16,07268,793109,554-344,41633,702278,73034,69258,97251,240-130,856-29,32722,342-21,093-216,090
Employee Costs756,384770,714682,069729,742679,501742,852616,838415,837332,669278,228248,493187,46752,33553,8270
Number Of Employees2426232624242115121097220
EBITDA*-113,70716,983118,123156,603-328,54041,607344,09651,20281,00764,936-130,817-28,39932,061-18,983-214,074

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets27,65336,14246,33431,07241,42938,55832,20423,69222,3986568751,1671,4923,6794,312
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets27,65336,14246,33431,07241,42938,55832,20423,69222,3986568751,1671,4923,6794,312
Stock & work in progress579,173568,645497,432376,158367,86400192,359165,430125,697107,853126,26390,94080,25073,632
Trade Debtors194,593390,182369,996429,822223,228675,191434,475182,712165,938109,32277,72470,3552,0502,05026,820
Group Debtors000000000000000
Misc Debtors13,45426,16121,23727,76927,769006,6966,696000000
Cash33,35519,97534,628156,03447,443006,03543,03926,51530,86970,35474,32852,90679,403
misc current assets0000027,76922,76900000000
total current assets820,5751,004,963923,293989,783666,304702,960457,244387,802381,103261,534216,446266,972167,318135,206179,855
total assets848,2281,041,105969,6271,020,855707,733741,518489,448411,494403,501262,190217,321268,139168,810138,885184,167
Bank overdraft70,43169,49769,49703,4680000000000
Bank loan000000000000000
Trade Creditors 493,965413,607332,581290,104389,990659,206440,838217,495222,898336,763344,634264,596135,940128,357160,046
Group/Directors Accounts0026010000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities214,920282,956212,753325,762283,59400174,908196,204000000
total current liabilities779,316766,060614,857615,866677,053659,206440,838392,403419,102336,763344,634264,596135,940128,357160,046
loans64,045129,874193,527312,53947,7840000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000004,2114,2114,211247,710247,710247,710247,710240,210
provisions000000000000000
total long term liabilities64,045129,874193,527312,53947,784004,2114,2114,211247,710247,710247,710247,710240,210
total liabilities843,361895,934808,384928,405724,837659,206440,838396,614423,313340,974592,344512,306383,650376,067400,256
net assets4,867145,171161,24392,450-17,10482,31248,61014,880-19,812-78,784-375,023-244,167-214,840-237,182-216,089
total shareholders funds4,867145,171161,24392,450-17,10482,31248,61014,880-19,812-78,784-375,023-244,167-214,840-237,182-216,089
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-122,9254,936102,678146,246-342,86441,607344,09643,30473,54164,717-131,109-29,68929,874-21,424-216,289
Depreciation9,21812,04715,44510,35714,324007,8987,4662192921,2902,1872,4412,215
Amortisation000000000000000
Tax00-16,137-25,6980-7,905-65,381-8,673-14,743-13,62100-7,85000
Stock10,52871,213121,2748,294367,8640-192,35926,92939,73317,844-18,41035,32310,6906,61873,632
Debtors-208,29625,110-66,358206,594-424,194240,716245,06716,77463,31231,5987,36968,3050-24,77026,820
Creditors80,35881,02642,477-99,886-269,216218,368223,343-5,403-113,865-7,87180,038128,6567,583-31,689160,046
Accruals and Deferred Income-68,03670,203-113,00942,168283,5940-174,908-21,296196,204000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations96,38371,889-23,462-141,701-257,83211,354274,442-27,87345,558-5,998-39,738-3,37121,104-32,520-154,480
Investing Activities
capital expenditure-729-1,855-30,7070-17,195-6,354-8,512-9,192-29,20800-9650-1,808-6,527
Change in Investments000000000000000
cash flow from investments-729-1,855-30,7070-17,195-6,354-8,512-9,192-29,20800-9650-1,808-6,527
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-2626-110000000000
Other Short Term Loans 000000000000000
Long term loans-65,829-63,653-119,012264,75547,7840000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000-4,21100-243,4990007,500240,210
share issue0000245,0000-245,00000244,99900001
interest-17,379-21,008-17,748-10,994-1,55201561174143253362318331199
cash flow from financing-83,208-84,687-136,734253,760291,2330-249,196611741,6432533623187,831240,410
cash and cash equivalents
cash13,380-14,653-121,406108,59147,4430-6,035-37,00416,524-4,354-39,485-3,97421,422-26,49779,403
overdraft934069,497-3,4683,4680000000000
change in cash12,446-14,653-190,903112,05943,9750-6,035-37,00416,524-4,354-39,485-3,97421,422-26,49779,403

opazlight international 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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Opazlight International Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for opazlight international limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA1 area or any other competitors across 12 key performance metrics.

opazlight international limited Ownership

OPAZLIGHT INTERNATIONAL LIMITED group structure

Opazlight International Limited has no subsidiary companies.

Ultimate parent company

OPAZLIGHT INTERNATIONAL LIMITED

05287799

OPAZLIGHT INTERNATIONAL LIMITED Shareholders

anuj ghaghada 20%
jignesh ghaghada 20%
pravina ghaghada 20%
jayantilal ghaghada 20%
serina ghaghada 20%

opazlight international limited directors

Opazlight International Limited currently has 1 director, Mr Jignesh Ghaghada serving since Nov 2004.

officercountryagestartendrole
Mr Jignesh GhaghadaUnited Kingdom46 years Nov 2004- Director

P&L

December 2023

turnover

3.5m

-22%

operating profit

-122.9k

0%

gross margin

35.9%

-0.79%

turnover

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

Balance Sheet

December 2023

net assets

4.9k

-0.97%

total assets

848.2k

-0.19%

cash

33.4k

+0.67%

net assets

Total assets minus all liabilities

opazlight international limited company details

company number

05287799

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

November 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

SRV DEISON

auditor

-

address

maruti house, 1st floor, 369 station road, harrow, middlesex, HA1 2AW

Bank

-

Legal Advisor

-

opazlight international 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 opazlight international limited.

opazlight international 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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opazlight international limited Companies House Filings - See Documents

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