Objective Technologies Ltd

POWER SEARCH PRICING

SOLUTIONS

objective technologies ltd Company Information

Live

EstablishedSmallHigh

Company Number

06484104

Next Accounts

Feb 2025

Industry

Other information technology and computer service activities

Directors

Jamie Mack

Sharon Yavuz

View All

Shareholders

ethos group holdings limited

Group Structure

View All

Contact

Registered Address

energy house, crow arch lane industrial estate, ringwood, hampshire, BH24 1PD

Website

www.objectiveuk.com

objective technologies ltd Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of OBJECTIVE TECHNOLOGIES LTD at £1.4m based on an EBITDA of £388k and a 3.61x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

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 £551.1k with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

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 £551.1k, make it smaller than the average company (£6.6m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.7%)

EXPORT

Objective Technologies Ltd's latest turnover from May 2023 is estimated at £551.1 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	551,087	548,768	460,021	348,310	390,881	375,886	374,730	361,419	310,810	153,421	172,280	67,623	87,083	96,517
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	409,876	409,396	348,117	265,087	292,894	274,908	269,966	257,969	219,187	107,305	118,380	46,337	60,660	65,988
Gross Profit	141,211	139,371	111,904	83,223	97,987	100,977	104,764	103,450	91,624	46,116	53,900	21,286	26,423	30,529
Admin Expenses	-246,760	-21,768	23,264	7,752	96,021	102,355	109,324	107,288	72,428	59,153	53,854	34,098	31,525	-19,017
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	0	344	361	107	81	0	0	0	0	0	0
Interest Receivable	14,405	1,902	165	48	2	4	2	1	0	0	0	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	0	0	0	-4,031	0	-11	0	0	-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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	849,330	790,340	748,364	533,704	598,214	572,163	550,968	477,280	106,739	51,915	49,879	50,223	48,507	48,173
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	3,250	3,250	3,250	3,250	0	0	0	0	0	0	0	0
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	0	0	0	0
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	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	2,196	59,889	3,772	1,368	0	10,000	10,000	1,742	0	0	0	0	0	0
Cash	367,566	272,654	234,565	94,768	421	0	1,515	100	100	0	0	0	17,608	8,952
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	10,192	918	2,507	0	0	0	0	0	0
Bank loan	25,000	25,000	18,750	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	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	61,162	67,252	71,497	65,665	46,607	46,408	51,557	47,254	0	0	0	0	0	0
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	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	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	1,529	1,734	2,893	2,825	1,588	0	0	0	0	0	0	0	0	0
total long term liabilities	32,779	57,984	84,143	2,825	1,588	0	0	0	0	0	0	0	0	0
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	0	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	0	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	0	0	0	-4,031	0	-11	0	0	-13,879
Stock	0	100	0	0	0	1,750	500	250	-16,565	17,065	0	0	0	0
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	0	0	0	0	0	0
Deferred Taxes & Provisions	-205	-1,159	68	1,237	1,588	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	6,250	18,750	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	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	-25,000	-25,000	81,250	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	0	0	0	0	0	0	0	0	0	100
interest	7,186	-4,215	-2,885	48	-342	-357	-105	-80	0	0	0	44	66	22
cash flow from financing	-17,814	-22,965	97,115	48	-342	-357	-105	-80	0	0	0	44	66	122
cash and cash equivalents
cash	94,912	38,089	139,797	94,347	421	-1,515	1,415	0	100	0	0	-17,608	8,656	8,952
overdraft	0	0	0	0	-10,192	9,274	-1,589	2,507	0	0	0	0	0	0
change in cash	94,912	38,089	139,797	94,347	10,613	-10,789	3,004	-2,507	100	0	0	-17,608	8,656	8,952

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for objective technologies ltd. Get real-time insights into objective technologies ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for objective technologies ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BH24 area or any other competitors across 12 key performance metrics.

OBJECTIVE TECHNOLOGIES LTD group structure

Objective Technologies Ltd has no subsidiary companies.

Ultimate parent company

ETHOS GROUP HOLDINGS LIMITED

04623246

1 parent

OBJECTIVE TECHNOLOGIES LTD

06484104

OBJECTIVE TECHNOLOGIES LTD Shareholders

ethos group holdings limited

100%

Objective Technologies Ltd currently has 3 directors. The longest serving directors include Mr Jamie Mack (Mar 2022) and Mrs Sharon Yavuz (Jul 2022).

officer	country	age	start	end	role
Mr Jamie Mack		46 years	Mar 2022	-	Director
Mrs Sharon Yavuz	United Kingdom	58 years	Jul 2022	-	Director
Mrs Michelle Norris	United Kingdom	53 years	Sep 2023	-	Director

P&L

May 2023

turnover

551.1k

operating profit

388k

gross margin

25.7%

+0.89%

turnover

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

Balance Sheet

May 2023

net assets

565.3k

+1.1%

total assets

764.1k

+0.65%

cash

367.6k

+0.35%

net assets

Total assets minus all liabilities

Similar Companies

group too limited

p7wbb limited

alvista torquay limited

avion services limited

anna payne limited

company number

06484104

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

January 2008

ultimate parent company

ETHOS GROUP HOLDINGS LIMITED

previous names

N/A

address

energy house, crow arch lane industrial estate, ringwood, hampshire, BH24 1PD

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.

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.

Click to start generating capital raising & share issue transactions for OBJECTIVE TECHNOLOGIES LTD. This can take several minutes, an email will notify you when this has completed.

objective technologies ltd Company Information

objective technologies ltd Estimated Valuation

objective technologies ltd Estimated Valuation

objective technologies ltd Estimated Valuation

Objective Technologies Ltd Overview

Objective Technologies Ltd Health Check

OBJECTIVE TECHNOLOGIES LTD financials

objective technologies ltd Credit Report and Business Information

Objective Technologies Ltd Competitor Analysis

objective technologies ltd Ownership

objective technologies ltd directors

objective technologies ltd company details

objective technologies ltd Charges & Mortgages

objective technologies ltd Capital Raised & Share Issues BETA

objective technologies ltd Companies House Filings - See Documents