Pomanda estimates the enterprise value of OBSERVATORY OPTICAL LIMITED at £617.8k based on a Turnover of £995.7k and 0.62x industry multiple (adjusted for size and gross margin).
observatory optical limitedEstimated Valuation
£271k
Pomanda estimates the enterprise value of OBSERVATORY OPTICAL LIMITED at £271k based on an EBITDA of £69.3k and a 3.91x industry multiple (adjusted for size and gross margin).
observatory optical limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of OBSERVATORY OPTICAL LIMITED at £1.7m based on Net Assets of £596.6k and 2.78x industry multiple (adjusted for liquidity).
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Observatory Optical LimitedOverview
Observatory Optical Limited is a live company located in darwen, BB3 1AE with a Companies House number of 05684126. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in January 2006, it's largest shareholder is
ho2 management limited
with a 100% stake. Observatory Optical Limited is a established,
small sized company, Pomanda has estimated its turnover at
£995.7k with
high
growth in recent years.
Pomanda's financial health check has awarded Observatory Optical Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £654.4k, make it smaller than the average company (£1.3m)
£654.4k - Observatory Optical Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)
6% - Observatory Optical Limited
6.3% - Industry AVG
Production
with a gross margin of 68.6%, this company has a comparable cost of product (68.6%)
68.6% - Observatory Optical Limited
68.6% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (4.1%)
-2.7% - Observatory Optical Limited
4.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (15)
9 - Observatory Optical Limited
15 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Observatory Optical Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £72.7k, this is less efficient (£94.8k)
£72.7k - Observatory Optical Limited
£94.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (14 days)
11 days - Observatory Optical Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (71 days)
82 days - Observatory Optical Limited
71 days - Industry AVG
Stock Days
it holds stock equivalent to 131 days, this is more than average (51 days)
131 days - Observatory Optical Limited
51 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 266 weeks, this is more cash available to meet short term requirements (9 weeks)
266 weeks - Observatory Optical Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (65.4%)
23.7% - Observatory Optical Limited
65.4% - Industry AVG
OBSERVATORY OPTICAL LIMITED financials
EXPORT
Observatory Optical Limited's latest turnover from December 2023 is estimated at £995.7 thousand and the company has net assets of £596.6 thousand. According to their latest financial statements, Observatory Optical Limited has 9 employees and maintains cash reserves of £592.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Oct 2023
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
995,670
746,164
654,354
818,610
403,958
554,792
893,341
702,238
659,527
474,685
516,911
286,272
654,649
691,046
671,459
752,427
Other Income Or Grants
Cost Of Sales
306,952
233,631
205,192
236,075
125,322
159,538
243,394
196,709
187,708
124,605
155,200
85,933
203,996
216,174
218,416
243,974
Gross Profit
688,718
512,533
449,163
582,535
278,636
395,253
649,947
505,529
471,820
350,080
361,711
200,339
450,654
474,871
453,044
508,453
Admin Expenses
620,160
516,703
467,181
401,033
104,035
332,788
551,543
425,666
409,293
349,148
356,745
201,419
453,873
460,761
446,867
495,336
Operating Profit
68,558
-4,170
-18,018
181,502
174,601
62,465
98,404
79,863
62,527
932
4,966
-1,080
-3,219
14,110
6,177
13,117
Interest Payable
7,590
7,738
7,428
5,581
3,727
2,413
2,989
3,182
3,346
1,813
2,103
4,345
4,621
5,011
5,265
2,633
Interest Receivable
30,241
29,965
23,056
3,959
372
258
1,741
865
266
352
425
433
386
313
230
101
Pre-Tax Profit
91,209
18,057
-2,390
179,880
171,246
60,310
97,156
77,546
59,447
-529
3,289
-4,993
-7,454
9,412
1,142
10,586
Tax
-22,802
-4,514
-34,177
-32,537
-11,459
-18,460
-14,734
-11,295
-658
-2,259
-297
-2,964
Profit After Tax
68,407
13,543
-2,390
145,703
138,709
48,851
78,696
62,812
48,152
-529
2,631
-4,993
-7,454
7,153
845
7,622
Dividends Paid
Retained Profit
68,407
13,543
-2,390
145,703
138,709
48,851
78,696
62,812
48,152
-529
2,631
-4,993
-7,454
7,153
845
7,622
Employee Costs
291,362
274,541
274,541
266,404
185,711
148,330
148,310
176,547
162,146
155,332
196,514
109,134
206,618
203,078
195,945
219,082
Number Of Employees
9
9
9
9
7
7
6
7
7
7
8
5
10
10
10
11
EBITDA*
69,326
3,199
6,592
206,395
200,544
87,782
104,992
89,274
75,943
15,388
16,168
10,305
9,106
33,235
27,244
32,883
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Oct 2023
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
36,552
37,105
57,203
79,869
79,778
93,093
10,708
15,260
23,460
23,050
19,022
20,772
19,740
26,127
27,659
37,353
Intangible Assets
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
36,552
37,105
57,203
79,869
79,778
93,093
10,708
15,260
23,460
25,050
23,022
26,772
27,740
36,127
39,659
51,353
Stock & work in progress
70,102
52,548
73,743
38,492
39,610
49,722
43,170
43,801
42,024
52,395
41,781
40,256
39,337
39,181
37,399
28,971
Trade Debtors
45,265
25,727
19,842
43,307
21,172
23,723
51,062
35,739
30,385
17,861
25,218
12,814
26,136
24,992
24,525
26,412
Group Debtors
2,821
10,577
8,695
8,591
33,815
2,924
Misc Debtors
24,976
22,998
13,509
2,849
2,849
1,440
1,326
Cash
592,187
581,677
525,137
559,836
496,009
247,779
267,770
196,456
149,605
63,024
77,873
92,309
80,726
73,767
51,466
40,486
misc current assets
total current assets
732,530
682,950
632,231
644,484
559,640
325,485
372,579
284,691
230,605
168,421
144,872
145,379
146,199
137,940
116,314
95,869
total assets
769,082
720,055
689,434
724,353
639,418
418,578
383,287
299,951
254,065
193,471
167,894
172,151
173,939
174,067
155,973
147,222
Bank overdraft
15,804
15,803
5,625
5,625
5,625
5,625
5,625
Bank loan
15,721
14,792
6,458
Trade Creditors
36,687
36,599
46,644
431
24,982
52,831
51,756
48,624
37,829
45,363
103,572
99,163
90,960
79,744
56,006
45,975
Group/Directors Accounts
53,948
52,263
50,784
51,950
52,220
2,460
6,197
other short term finances
hp & lease commitments
other current liabilities
72,509
66,048
40,090
100,572
132,160
13,560
40,809
35,253
55,631
30,810
total current liabilities
125,000
118,450
102,455
115,795
163,600
125,964
150,453
140,286
151,035
134,018
103,572
99,163
90,960
79,744
58,466
52,172
loans
38,778
41,413
48,870
65,551
78,554
31,555
36,305
41,005
45,666
50,164
64,706
68,990
73,189
81,000
81,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
54,712
953
1,874
3,144
5,974
4,666
provisions
8,697
18,449
12,299
14,807
14,767
17,271
1,592
2,419
3,935
4,012
3,804
4,154
3,947
2,368
2,065
1,761
total long term liabilities
47,475
59,862
61,169
80,358
93,321
48,826
37,897
43,424
49,601
54,176
58,516
69,813
74,811
78,701
89,039
87,427
total liabilities
172,475
178,312
163,624
196,153
256,921
174,790
188,350
183,710
200,636
188,194
162,088
168,976
165,771
158,445
147,505
139,599
net assets
596,607
541,743
525,810
528,200
382,497
243,788
194,937
116,241
53,429
5,277
5,806
3,175
8,168
15,622
8,468
7,623
total shareholders funds
596,607
541,743
525,810
528,200
382,497
243,788
194,937
116,241
53,429
5,277
5,806
3,175
8,168
15,622
8,468
7,623
Dec 2023
Oct 2023
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
68,558
-4,170
-18,018
181,502
174,601
62,465
98,404
79,863
62,527
932
4,966
-1,080
-3,219
14,110
6,177
13,117
Depreciation
768
7,369
24,610
24,893
25,943
25,317
6,588
9,411
11,416
12,456
9,202
9,385
10,325
17,125
19,067
17,766
Amortisation
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
Tax
-22,802
-4,514
-34,177
-32,537
-11,459
-18,460
-14,734
-11,295
-658
-2,259
-297
-2,964
Stock
31,610
14,056
35,251
-1,118
-10,112
6,552
-631
1,777
-10,371
10,614
1,525
919
156
1,782
8,428
28,971
Debtors
24,085
2,569
-12,805
22,135
-3,963
-33,655
17,205
5,458
-14,026
27,784
12,404
-13,322
1,144
-2,457
1,037
26,412
Creditors
36,256
36,168
46,213
-24,551
-27,849
1,075
3,132
10,795
-7,534
-58,209
4,409
8,203
11,216
23,738
10,031
45,975
Accruals and Deferred Income
-28,063
-34,524
-60,482
-31,588
118,600
-27,249
5,556
-20,378
24,821
30,810
Deferred Taxes & Provisions
-6,110
3,642
-2,508
40
-2,504
15,679
-827
-1,516
-77
208
-350
207
1,579
303
304
1,761
Cash flow from operations
-7,088
-12,654
-32,631
95,102
270,329
92,931
77,819
56,206
106,255
-50,201
5,640
31,118
20,601
55,692
27,817
22,272
Investing Activities
capital expenditure
42,549
35,395
-1,944
-24,984
-12,628
-107,702
-2,036
-1,211
-11,826
-16,484
-7,452
-10,417
-3,938
-15,593
-9,373
-71,119
Change in Investments
cash flow from investments
42,549
35,395
-1,944
-24,984
-12,628
-107,702
-2,036
-1,211
-11,826
-16,484
-7,452
-10,417
-3,938
-15,593
-9,373
-71,119
Financing Activities
Bank loans
-14,792
-14,792
929
8,334
6,458
Group/Directors Accounts
-53,948
1,685
1,479
-1,166
-270
52,220
-2,460
-3,737
6,197
Other Short Term Loans
Long term loans
-26,773
-24,138
-16,681
-13,003
46,999
-4,750
-4,700
-4,661
-4,498
50,164
-64,706
-4,284
-4,199
-7,811
81,000
Hire Purchase and Lease Commitments
other long term liabilities
-54,712
53,759
-921
-1,270
-2,830
1,308
4,666
share issue
1
1
interest
22,651
22,227
15,628
-1,622
-3,355
-2,155
-1,248
-2,317
-3,080
-1,461
-1,678
-3,912
-4,235
-4,698
-5,035
-2,532
cash flow from financing
-18,914
-16,703
-124
-6,291
-3,846
-5,220
-4,469
-8,144
-7,848
46,211
-12,625
-9,117
-9,704
-17,798
-7,464
89,332
cash and cash equivalents
cash
32,351
21,841
-34,699
63,827
248,230
-19,991
71,314
46,851
86,581
-14,849
-14,436
11,583
6,959
22,301
10,980
40,486
overdraft
15,804
15,803
-5,625
5,625
change in cash
16,547
6,038
-34,699
63,827
253,855
-19,991
71,314
46,851
86,581
-20,474
-14,436
11,583
6,959
22,301
10,980
40,486
observatory optical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for observatory optical limited. Get real-time insights into observatory optical limited's credit score, group structure and payment trends.
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observatory optical limited Ownership
OBSERVATORY OPTICAL LIMITED group structure
Observatory Optical Limited has no subsidiary companies.
unit 317, india mill business centre, darwen, BB3 1AE
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observatory optical 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 observatory optical limited.
observatory optical 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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observatory optical limitedCompanies House Filings - See Documents
