optima worldwide group plc
optima worldwide group plc Company Information
Company Number
05391288
Next Accounts
2385 days late
Shareholders
euris group sarl
nazario consultancy limited
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
10 fleet place, london, EC4M 7QS
Website
http://owgplc.comoptima worldwide group plc Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA WORLDWIDE GROUP PLC at £10.1m based on a Turnover of £8.9m and 1.13x industry multiple (adjusted for size and gross margin).
optima worldwide group plc Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA WORLDWIDE GROUP PLC at £0 based on an EBITDA of £-1.2m and a 8.96x industry multiple (adjusted for size and gross margin).
optima worldwide group plc Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA WORLDWIDE GROUP PLC at £1.7m based on Net Assets of £821.2k and 2.11x industry multiple (adjusted for liquidity).
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Optima Worldwide Group Plc Overview
Optima Worldwide Group Plc is a live company located in london, EC4M 7QS with a Companies House number of 05391288. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2005, it's largest shareholder is euris group sarl with a 58.7% stake. Optima Worldwide Group Plc is a mature, mid sized company, Pomanda has estimated its turnover at £8.9m with rapid growth in recent years.
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Optima Worldwide Group Plc Health Check
Pomanda's financial health check has awarded Optima Worldwide Group Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £8.9m, make it smaller than the average company (£15.8m)
£8.9m - Optima Worldwide Group Plc
£15.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 202%, show it is growing at a faster rate (4.2%)
202% - Optima Worldwide Group Plc
4.2% - Industry AVG
Production
with a gross margin of 90.6%, this company has a lower cost of product (32.5%)
90.6% - Optima Worldwide Group Plc
32.5% - Industry AVG
Profitability
an operating margin of -16% make it less profitable than the average company (5.1%)
-16% - Optima Worldwide Group Plc
5.1% - Industry AVG
Employees
with 27 employees, this is below the industry average (115)
27 - Optima Worldwide Group Plc
115 - Industry AVG
Pay Structure
on an average salary of £99.3k, the company has a higher pay structure (£36.4k)
£99.3k - Optima Worldwide Group Plc
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £329.6k, this is more efficient (£149.8k)
£329.6k - Optima Worldwide Group Plc
£149.8k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (49 days)
71 days - Optima Worldwide Group Plc
49 days - Industry AVG
Creditor Days
its suppliers are paid after 280 days, this is slower than average (48 days)
280 days - Optima Worldwide Group Plc
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Optima Worldwide Group Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Optima Worldwide Group Plc
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.8%, this is a higher level of debt than the average (62.2%)
96.8% - Optima Worldwide Group Plc
62.2% - Industry AVG
OPTIMA WORLDWIDE GROUP PLC financials
Optima Worldwide Group Plc's latest turnover from June 2016 is £8.9 million and the company has net assets of £821.2 thousand. According to their latest financial statements, Optima Worldwide Group Plc has 27 employees and maintains cash reserves of £26.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | 8,898,448 | 4,313,405 | 1,355,624 | 323,704 | |||
| Other Income Or Grants | |||||||
| Cost Of Sales | 836,198 | 398,830 | |||||
| Gross Profit | 8,062,250 | 3,914,575 | 1,355,624 | ||||
| Admin Expenses | 9,485,197 | 1,865,076 | 2,553,683 | ||||
| Operating Profit | -1,422,947 | 2,049,499 | -1,198,059 | 38,961 | -657,445 | -1,004,457 | -544,506 |
| Interest Payable | 2,019,897 | 287,275 | 225,336 | 173,802 | 3,000 | 750 | 1,250 |
| Interest Receivable | 2,610,365 | 1,474,503 | 23,382 | 37,546 | 32,777 | 37,395 | |
| Pre-Tax Profit | -832,479 | 3,236,727 | -1,400,013 | -134,841 | -622,899 | -972,430 | -508,361 |
| Tax | 645,150 | -670,462 | 78,569 | -84,989 | |||
| Profit After Tax | -187,329 | 2,566,265 | -1,321,444 | -219,830 | -622,899 | -972,430 | -508,361 |
| Dividends Paid | 180,000 | ||||||
| Retained Profit | -255,190 | 2,250,899 | -1,345,813 | -225,714 | -622,899 | -972,430 | -508,361 |
| Employee Costs | 2,679,983 | 2,086,753 | 573,853 | 134,711 | |||
| Number Of Employees | 27 | 16 | 5 | 5 | |||
| EBITDA* | -1,242,871 | 3,082,250 | -1,164,820 | 38,961 | -657,445 | -1,004,457 | -544,506 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,613,711 | 1,212,038 | 205,955 | 7,731 | |||
| Intangible Assets | 3,304,411 | 3,210,602 | 8,642,642 | 8,842,038 | 600,000 | 600,000 | 600,000 |
| Investments & Other | 1,951,368 | 381,540 | 1 | 8,999,800 | 250,000 | 250,000 | |
| Debtors (Due After 1 year) | 399,853 | 398,393 | |||||
| Total Fixed Assets | 5,918,122 | 4,422,640 | 8,848,597 | 8,849,769 | 9,599,800 | 850,000 | 850,000 |
| Stock & work in progress | |||||||
| Trade Debtors | 1,735,890 | 250,810 | 1,300,167 | 188,814 | 50 | 50 | 50 |
| Group Debtors | 142,000 | 295,392 | 257,846 | 260,290 | |||
| Misc Debtors | 12,808,703 | 10,215,291 | 4,414,315 | 956,349 | |||
| Cash | 26,596 | 486,653 | 556,383 | 31,188 | 1,995 | 7,577 | |
| misc current assets | 5,985,485 | 2,370,877 | |||||
| total current assets | 20,556,674 | 13,323,631 | 6,412,865 | 1,176,351 | 295,442 | 259,891 | 267,917 |
| total assets | 26,474,796 | 17,746,271 | 15,261,462 | 10,026,120 | 9,895,242 | 1,109,891 | 1,117,917 |
| Bank overdraft | 1,588,152 | 11,134 | 33,042 | ||||
| Bank loan | |||||||
| Trade Creditors | 642,261 | 250,074 | 93,572 | 49,944 | |||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 9,665 | 10,420 | 27,688 | ||||
| other current liabilities | 3,258,793 | 4,790,065 | 645,564 | 480,703 | 46,500 | 368,165 | 37,500 |
| total current liabilities | 5,498,871 | 5,061,693 | 766,824 | 563,689 | 46,500 | 368,165 | 37,500 |
| loans | 91,162 | 98,806 | 184,246 | 104,736 | |||
| hp & lease commitments | 45,581 | ||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 20,088,780 | 13,558,726 | 6,150,000 | ||||
| provisions | |||||||
| total long term liabilities | 20,134,361 | 13,608,129 | 6,242,123 | 104,736 | |||
| total liabilities | 25,633,232 | 18,669,822 | 7,008,947 | 563,689 | 46,500 | 368,165 | 142,236 |
| net assets | 821,176 | -1,059,356 | 8,252,515 | 9,454,328 | 9,848,742 | 741,726 | 975,681 |
| total shareholders funds | 821,176 | -1,059,356 | 8,252,515 | 9,454,328 | 9,848,742 | 741,726 | 975,681 |
| Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -1,422,947 | 2,049,499 | -1,198,059 | 38,961 | -657,445 | -1,004,457 | -544,506 |
| Depreciation | 178,176 | 1,030,851 | 31,339 | ||||
| Amortisation | 1,900 | 1,900 | 1,900 | ||||
| Tax | 645,150 | -670,462 | 78,569 | -84,989 | |||
| Stock | |||||||
| Debtors | 4,079,952 | 5,008,012 | 4,711,319 | 849,721 | 37,546 | -2,444 | 260,340 |
| Creditors | 392,187 | 156,502 | 43,628 | 49,944 | |||
| Accruals and Deferred Income | -1,531,272 | 4,144,501 | 164,861 | 434,203 | -321,665 | 330,665 | 37,500 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -5,816,758 | 1,704,779 | -5,589,081 | -411,602 | -1,016,656 | -671,348 | -767,346 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 1,569,828 | 381,539 | 1 | -8,999,800 | 8,749,800 | 250,000 | |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -7,644 | -85,440 | 184,246 | -104,736 | 104,736 | ||
| Hire Purchase and Lease Commitments | 44,826 | -17,268 | 27,688 | ||||
| other long term liabilities | 6,530,054 | 7,408,726 | 6,150,000 | ||||
| share issue | |||||||
| interest | 590,468 | 1,187,228 | -201,954 | -173,802 | 34,546 | 32,027 | 36,145 |
| cash flow from financing | 9,293,426 | -3,069,524 | 6,303,980 | -342,502 | 9,764,461 | 665,766 | 1,624,923 |
| cash and cash equivalents | |||||||
| cash | -460,057 | -69,730 | 525,195 | 31,188 | -1,995 | -5,582 | 7,577 |
| overdraft | 1,577,018 | 11,134 | -33,042 | 33,042 | |||
| change in cash | -2,037,075 | -80,864 | 558,237 | -1,854 | -1,995 | -5,582 | 7,577 |
optima worldwide group plc Credit Report and Business Information
Optima Worldwide Group Plc Competitor Analysis
Perform a competitor analysis for optima worldwide group plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC4M area or any other competitors across 12 key performance metrics.
optima worldwide group plc Ownership
OPTIMA WORLDWIDE GROUP PLC group structure
Optima Worldwide Group Plc has 1 subsidiary company.
Ultimate parent company
OPTIMA WORLDWIDE GROUP PLC
05391288
1 subsidiary
optima worldwide group plc directors
Optima Worldwide Group Plc currently has 3 directors. The longest serving directors include Mr Neal Griffith (May 2012) and Mr Murad Ikhtiar (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neal Griffith | 59 years | May 2012 | - | Director | |
| Mr Murad Ikhtiar | England | 63 years | Feb 2018 | - | Director |
| Mr Ammar Dabbour | 48 years | Feb 2018 | - | Director |
P&L
June 2016turnover
8.9m
+106%
operating profit
-1.4m
-169%
gross margin
90.7%
-0.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2016net assets
821.2k
-1.78%
total assets
26.5m
+0.49%
cash
26.6k
-0.95%
net assets
Total assets minus all liabilities
optima worldwide group plc company details
company number
05391288
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2005
age
20
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2016
previous names
optima worldwide group limited (December 2014)
farsight bioscience limited (July 2012)
See moreaccountant
-
auditor
-
address
10 fleet place, london, EC4M 7QS
Bank
-
Legal Advisor
-
optima worldwide group plc 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 optima worldwide group plc.
optima worldwide group plc 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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optima worldwide group plc Companies House Filings - See Documents
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