Pomanda estimates the enterprise value of OBJECTIVE TECHNOLOGIES LTD at £285k based on a Turnover of £548.9k and 0.52x industry multiple (adjusted for size and gross margin).
objective technologies ltdEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of OBJECTIVE TECHNOLOGIES LTD at £1.3m based on an EBITDA of £388k and a 3.34x industry multiple (adjusted for size and gross margin).
objective technologies ltdEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of OBJECTIVE TECHNOLOGIES LTD at £1.2m based on Net Assets of £565.3k and 2.17x industry multiple (adjusted for liquidity).
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Objective Technologies LtdOverview
Objective Technologies Ltd is a live company located in ringwood, BH24 1PD with a Companies House number of 06484104. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2008, it's largest shareholder is
ethos group holdings limited
with a 100% stake. Objective Technologies Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£548.9k with
high
growth in recent years.
Pomanda's financial health check has awarded Objective Technologies Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £548.9k, make it smaller than the average company (£6.7m)
£548.9k - Objective Technologies Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.7%)
16% - Objective Technologies Ltd
6.7% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (50.2%)
25.7% - Objective Technologies Ltd
50.2% - Industry AVG
Profitability
an operating margin of 70.7% make it more profitable than the average company (3.4%)
70.7% - Objective Technologies Ltd
3.4% - Industry AVG
Employees
with 12 employees, this is below the industry average (41)
12 - Objective Technologies Ltd
41 - Industry AVG
Pay Structure
on an average salary of £70.8k, the company has an equivalent pay structure (£70.8k)
£70.8k - Objective Technologies Ltd
£70.8k - Industry AVG
Efficiency
resulting in sales per employee of £45.7k, this is less efficient (£172.8k)
£45.7k - Objective Technologies Ltd
£172.8k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (54 days)
57 days - Objective Technologies Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (35 days)
71 days - Objective Technologies Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (16 days)
2 days - Objective Technologies Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 115 weeks, this is more cash available to meet short term requirements (15 weeks)
115 weeks - Objective Technologies Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26%, this is a lower level of debt than the average (63.1%)
26% - Objective Technologies Ltd
63.1% - Industry AVG
OBJECTIVE TECHNOLOGIES LTD financials
EXPORT
Objective Technologies Ltd's latest turnover from May 2023 is estimated at £548.9 thousand and the company has net assets of £565.3 thousand. According to their latest financial statements, Objective Technologies Ltd has 12 employees and maintains cash reserves of £367.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 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
548,877
549,723
461,485
349,769
394,102
378,094
376,429
361,188
311,518
155,485
172,317
67,675
87,247
96,434
Other Income Or Grants
Cost Of Sales
407,672
410,203
350,101
267,211
296,230
277,825
270,828
257,192
220,243
108,847
118,539
46,368
60,735
65,905
Gross Profit
141,205
139,520
111,384
82,558
97,872
100,269
105,601
103,997
91,275
46,638
53,778
21,307
26,513
30,528
Admin Expenses
-246,766
-21,619
22,744
7,087
95,906
101,647
110,161
107,835
72,079
59,675
53,732
34,119
31,615
-19,018
Operating Profit
387,971
161,139
88,640
75,471
1,966
-1,378
-4,560
-3,838
19,196
-13,037
46
-12,812
-5,102
49,546
Interest Payable
7,219
6,117
3,050
344
361
107
81
Interest Receivable
14,405
1,902
165
48
2
4
2
1
44
66
22
Pre-Tax Profit
395,157
156,923
85,754
75,519
1,623
-1,735
-4,665
-3,919
19,196
-13,037
46
-12,768
-5,036
49,568
Tax
-98,789
-29,815
-16,293
-14,349
-308
-4,031
-11
-13,879
Profit After Tax
296,368
127,108
69,461
61,170
1,315
-1,735
-4,665
-3,919
15,165
-13,037
35
-12,768
-5,036
35,689
Dividends Paid
Retained Profit
296,368
127,108
69,461
61,170
1,315
-1,735
-4,665
-3,919
15,165
-13,037
35
-12,768
-5,036
35,689
Employee Costs
849,813
792,787
752,225
536,023
601,503
573,478
552,972
480,006
106,980
51,926
50,111
50,283
48,464
48,226
Number Of Employees
12
12
12
9
10
10
10
9
2
1
1
1
1
1
EBITDA*
387,971
171,686
98,136
83,687
6,508
1,916
4,159
5,306
24,592
-8,823
4,020
-8,668
-1,218
52,956
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 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
11,719
9,127
15,228
14,867
8,360
7,658
4,937
11,287
5,860
2,036
2,608
3,258
1,726
2,687
Intangible Assets
9,000
9,000
10,500
12,000
13,500
15,000
16,500
18,000
19,500
21,000
22,500
24,000
25,500
27,000
Investments & Other
Debtors (Due After 1 year)
3,250
3,250
3,250
3,250
Total Fixed Assets
20,719
18,127
28,978
30,117
25,110
25,908
21,437
29,287
25,360
23,036
25,108
27,258
27,226
29,687
Stock & work in progress
3,100
3,100
3,000
3,000
3,000
3,000
1,250
750
500
17,065
Trade Debtors
87,126
109,281
70,604
44,303
51,735
56,206
54,378
51,050
88,093
39,314
43,685
16,475
21,990
25,648
Group Debtors
283,374
Misc Debtors
2,196
59,889
3,772
1,368
10,000
10,000
1,742
Cash
367,566
272,654
234,565
94,768
421
1,515
100
100
17,608
8,952
misc current assets
total current assets
743,362
444,924
311,941
143,439
55,156
69,206
67,143
53,642
88,693
56,379
43,685
16,475
39,598
34,600
total assets
764,081
463,051
340,919
173,556
80,266
95,114
88,580
82,929
114,053
79,415
68,793
43,733
66,824
64,287
Bank overdraft
10,192
918
2,507
Bank loan
25,000
25,000
18,750
Trade Creditors
79,889
43,932
24,754
32,752
20,927
28,685
24,541
16,939
93,905
74,432
50,773
25,748
36,071
28,498
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
61,162
67,252
71,497
65,665
46,607
46,408
51,557
47,254
total current liabilities
166,051
136,184
115,001
98,417
67,534
85,285
77,016
66,700
93,905
74,432
50,773
25,748
36,071
28,498
loans
31,250
56,250
81,250
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,529
1,734
2,893
2,825
1,588
total long term liabilities
32,779
57,984
84,143
2,825
1,588
total liabilities
198,830
194,168
199,144
101,242
69,122
85,285
77,016
66,700
93,905
74,432
50,773
25,748
36,071
28,498
net assets
565,251
268,883
141,775
72,314
11,144
9,829
11,564
16,229
20,148
4,983
18,020
17,985
30,753
35,789
total shareholders funds
565,251
268,883
141,775
72,314
11,144
9,829
11,564
16,229
20,148
4,983
18,020
17,985
30,753
35,789
May 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
387,971
161,139
88,640
75,471
1,966
-1,378
-4,560
-3,838
19,196
-13,037
46
-12,812
-5,102
49,546
Depreciation
9,047
7,996
6,716
3,042
1,794
7,219
7,644
3,896
2,714
2,474
2,644
2,384
1,910
Amortisation
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
Tax
-98,789
-29,815
-16,293
-14,349
-308
-4,031
-11
-13,879
Stock
100
1,750
500
250
-16,565
17,065
Debtors
203,526
91,544
28,705
-6,064
-14,471
5,078
11,586
-35,301
48,779
-4,371
27,210
-5,515
-3,658
25,648
Creditors
35,957
19,178
-7,998
11,825
-7,758
4,144
7,602
-76,966
19,473
23,659
25,025
-10,323
7,573
28,498
Accruals and Deferred Income
-6,090
-4,245
5,832
19,058
199
-5,149
4,303
47,254
Deferred Taxes & Provisions
-205
-1,159
68
1,237
1,588
Cash flow from operations
115,318
64,001
51,040
107,522
14,700
-5,917
3,978
10,645
7,820
2,142
1,824
-13,476
10,013
41,927
Investing Activities
capital expenditure
-2,592
-2,946
-8,357
-13,223
-3,744
-4,515
-869
-13,071
-7,720
-2,142
-1,824
-4,176
-1,423
-33,097
Change in Investments
cash flow from investments
-2,592
-2,946
-8,357
-13,223
-3,744
-4,515
-869
-13,071
-7,720
-2,142
-1,824
-4,176
-1,423
-33,097
Financing Activities
Bank loans
6,250
18,750
Group/Directors Accounts
Other Short Term Loans
Long term loans
-25,000
-25,000
81,250
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
7,186
-4,215
-2,885
48
-342
-357
-105
-80
44
66
22
cash flow from financing
-17,814
-22,965
97,115
48
-342
-357
-105
-80
44
66
122
cash and cash equivalents
cash
94,912
38,089
139,797
94,347
421
-1,515
1,415
100
-17,608
8,656
8,952
overdraft
-10,192
9,274
-1,589
2,507
change in cash
94,912
38,089
139,797
94,347
10,613
-10,789
3,004
-2,507
100
-17,608
8,656
8,952
objective technologies ltd 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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objective technologies ltd Ownership
OBJECTIVE TECHNOLOGIES LTD group structure
Objective Technologies Ltd has no subsidiary companies.
energy house, crow arch lane industrial estate, ringwood, hampshire, BH24 1PD
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objective technologies ltd 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 2 charges/mortgages relating to objective technologies ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
objective technologies ltd 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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objective technologies ltdCompanies House Filings - See Documents
