Ojz Engineering Limited

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ojz engineering limited Company Information

Live

EstablishedMicroHealthy

Company Number

05736289

Next Accounts

Dec 2024

Industry

Retail trade of motor vehicle parts and accessories

Directors

Lawrence Pritchard

Kathleen Pritchard

Shareholders

lawrence pritchard

kathleen pritchard

Group Structure

View All

Contact

Registered Address

ojz engineering limited, ladywood lane, newark, nottinghamshire, NG23 6TA

Website

www.ojzengineering.co.uk

ojz engineering limited Estimated Valuation

£29.3k

Pomanda estimates the enterprise value of OJZ ENGINEERING LIMITED at £29.3k based on a Turnover of £110.2k and 0.27x industry multiple (adjusted for size and gross margin).

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Ojz Engineering Limited is a live company located in newark, NG23 6TA with a Companies House number of 05736289. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in March 2006, it's largest shareholder is lawrence pritchard with a 50% stake. Ojz Engineering Limited is a established, micro sized company, Pomanda has estimated its turnover at £110.2k with healthy growth in recent years.

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Pomanda's financial health check has awarded Ojz Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

1 Strong

3 Regular

7 Weak

Size

annual sales of £110.2k, make it smaller than the average company (£3.6m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.9%)

EXPORT

Ojz Engineering Limited's latest turnover from March 2023 is estimated at £110.2 thousand and the company has net assets of £2.1 thousand. According to their latest financial statements, Ojz Engineering Limited has 2 employees and maintains cash reserves of £13.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	110,168	87,909	63,287	95,541	70,143	87,651	112,067	217,721	137,309	61,501	56,782	33,776	48,706	70,291
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	78,248	59,774	44,129	63,081	45,277	57,291	73,468	144,741	91,617	41,007	37,162	22,065	32,524	47,497
Gross Profit	31,920	28,134	19,158	32,460	24,865	30,359	38,599	72,980	45,692	20,494	19,621	11,712	16,183	22,794
Admin Expenses	34,934	36,204	15,306	34,189	18,180	24,419	37,753	73,214	48,195	16,996	20,063	11,609	16,736	21,389
Operating Profit	-3,014	-8,070	3,852	-1,729	6,685	5,940	846	-234	-2,503	3,498	-442	103	-553	1,405
Interest Payable	0	0	0	0	55	53	0	0	0	0	0	0	0	0
Interest Receivable	437	57	8	9	38	0	13	55	40	31	35	41	62	37
Pre-Tax Profit	-2,577	-8,013	3,859	-1,720	6,668	5,886	859	-179	-2,463	3,529	-407	143	-491	1,442
Tax	0	0	-733	0	-1,267	-1,118	-172	0	0	-812	0	-37	0	-404
Profit After Tax	-2,577	-8,013	3,126	-1,720	5,401	4,768	687	-179	-2,463	2,717	-407	106	-491	1,038
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-2,577	-8,013	3,126	-1,720	5,401	4,768	687	-179	-2,463	2,717	-407	106	-491	1,038
Employee Costs	57,203	52,685	50,054	53,937	52,083	49,358	23,404	48,996	24,706	24,749	23,331	23,152	23,338	22,715
Number Of Employees	2	2	2	2	2	2	1	2	1	1	1	1	1	1
EBITDA*	3,876	-1,812	7,721	2,719	11,551	5,940	846	4,329	1,666	5,977	2,557	3,901	2,899	6,451

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	34,889	39,754	39,198	37,172	41,620	41,877	44,083	42,602	42,503	16,370	14,834	18,720	17,518	23,278
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	34,889	39,754	39,198	37,172	41,620	41,877	44,083	42,602	42,503	16,370	14,834	18,720	17,518	23,278
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	511	1,746	1,987
Trade Debtors	2,580	240	648	0	240	6,192	1,749	0	633	0	2,100	960	1,311	250
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	4	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	13,309	7,267	7,985	7,291	10,240	0	0	10,272	11,606	4,471	7,742	6,165	10,046	14,789
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	15,893	7,507	8,633	7,291	10,480	6,192	1,749	10,272	12,239	4,471	9,842	7,636	13,103	17,026
total assets	50,782	47,261	47,831	44,463	52,100	48,069	45,832	52,874	54,742	20,841	24,676	26,356	30,621	40,304
Bank overdraft	0	0	0	0	0	1,639	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	514	740	662	375	1,184	862	44,024	48,590	50,557	15,307	21,363	22,225	26,695	35,351
Group/Directors Accounts	0	0	0	0	33,360	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	48,175	41,851	34,486	34,531	6,279	39,792	0	0	0	0	0	0	0	0
total current liabilities	48,689	42,591	35,148	34,906	40,823	42,293	44,024	48,590	50,557	15,307	21,363	22,225	26,695	35,351
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	800	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	3,863	3,585	2,471	2,967	3,378	3,279	3,815
total long term liabilities	0	0	0	0	0	0	800	3,863	3,585	2,471	2,967	3,378	3,279	3,815
total liabilities	48,689	42,591	35,148	34,906	40,823	42,293	44,824	52,453	54,142	17,778	24,330	25,603	29,974	39,166
net assets	2,093	4,670	12,683	9,557	11,277	5,776	1,008	421	600	3,063	346	753	647	1,138
total shareholders funds	2,093	4,670	12,683	9,557	11,277	5,776	1,008	421	600	3,063	346	753	647	1,138

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-3,014	-8,070	3,852	-1,729	6,685	5,940	846	-234	-2,503	3,498	-442	103	-553	1,405
Depreciation	6,890	6,258	3,869	4,448	4,866	0	0	4,563	4,169	2,479	2,999	3,798	3,452	5,046
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-733	0	-1,267	-1,118	-172	0	0	-812	0	-37	0	-404
Stock	0	0	0	0	0	0	0	0	0	0	-511	-1,235	-241	1,987
Debtors	2,344	-408	648	-240	-5,952	4,443	1,749	-633	633	-2,100	1,140	-351	1,061	250
Creditors	-226	78	287	-809	322	-43,162	-4,566	-1,967	35,250	-6,056	-862	-4,470	-8,656	35,351
Accruals and Deferred Income	6,324	7,365	-45	28,252	-33,513	38,992	800	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	-3,863	278	1,114	-496	-411	99	-536	3,815
Cash flow from operations	7,630	6,039	6,582	30,402	-16,955	-3,791	-8,704	3,273	37,397	713	655	1,079	-7,113	42,976
Investing Activities
capital expenditure	-2,025	-6,814	-5,895	0	-4,609	2,206	-1,481	-4,662	-30,302	-4,015	887	-5,000	2,308	-28,324
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-2,025	-6,814	-5,895	0	-4,609	2,206	-1,481	-4,662	-30,302	-4,015	887	-5,000	2,308	-28,324
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	-33,360	33,360	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	100	0	-100	0	0	0	0	0	0	100
interest	437	57	8	9	-17	-53	13	55	40	31	35	41	62	37
cash flow from financing	437	57	8	-33,351	33,443	-53	-87	55	40	31	35	41	62	137
cash and cash equivalents
cash	6,042	-718	694	-2,949	10,240	0	-10,272	-1,334	7,135	-3,271	1,577	-3,881	-4,743	14,789
overdraft	0	0	0	0	-1,639	1,639	0	0	0	0	0	0	0	0
change in cash	6,042	-718	694	-2,949	11,879	-1,639	-10,272	-1,334	7,135	-3,271	1,577	-3,881	-4,743	14,789

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for ojz engineering limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NG23 area or any other competitors across 12 key performance metrics.

OJZ ENGINEERING LIMITED group structure

Ojz Engineering Limited has no subsidiary companies.

Ultimate parent company

OJZ ENGINEERING LIMITED

05736289

OJZ ENGINEERING LIMITED Shareholders

lawrence pritchard	50%
kathleen pritchard	50%

Ojz Engineering Limited currently has 2 directors. The longest serving directors include Mr Lawrence Pritchard (Mar 2006) and Mrs Kathleen Pritchard (Jan 2017).

officer	country	age	start	end	role
Mr Lawrence Pritchard		60 years	Mar 2006	-	Director
Mrs Kathleen Pritchard		66 years	Jan 2017	-	Director

P&L

March 2023

turnover

110.2k

+25%

operating profit

-3k

gross margin

29%

-9.47%

turnover

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

Balance Sheet

March 2023

net assets

2.1k

-0.55%

total assets

50.8k

+0.07%

cash

13.3k

+0.83%

net assets

Total assets minus all liabilities

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company number

05736289

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

March 2006

ultimate parent company

None

previous names

N/A

address

ojz engineering limited, ladywood lane, newark, nottinghamshire, NG23 6TA

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ojz engineering limited Company Information

ojz engineering limited Estimated Valuation

ojz engineering limited Estimated Valuation

ojz engineering limited Estimated Valuation

Ojz Engineering Limited Overview

Ojz Engineering Limited Health Check

OJZ ENGINEERING LIMITED financials

ojz engineering limited Credit Report and Business Information

Ojz Engineering Limited Competitor Analysis

ojz engineering limited Ownership

ojz engineering limited directors

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