Open Telecom Limited

POWER SEARCH PRICING

SOLUTIONS

open telecom limited Company Information

Company Number

06751943

Next Accounts

81 days late

Directors

Michael White

David Shorten

View All

Shareholders

michael white

penelope white

Group Structure

View All

Industry

Other telecommunications activities

Registered Address

vale house alexandra road, farnborough, GU14 6BU

Website

www.opentelecom.co.uk

open telecom limited Estimated Valuation

£83.7k

Pomanda estimates the enterprise value of OPEN TELECOM LIMITED at £83.7k based on a Turnover of £141.6k and 0.59x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Open Telecom Limited is a live company located in farnborough, GU14 6BU with a Companies House number of 06751943. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2008, it's largest shareholder is michael white with a 50% stake. Open Telecom Limited is a established, micro sized company, Pomanda has estimated its turnover at £141.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Open Telecom Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

1 Regular

8 Weak

Size

annual sales of £141.6k, make it smaller than the average company (£12.1m)

Growth

3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (3.5%)

EXPORT

Open Telecom Limited's latest turnover from March 2023 is estimated at £141.6 thousand and the company has net assets of £38. According to their latest financial statements, Open Telecom Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	141,611	288,759	515,067	515,236	1,135,142	477,085	642,221	434,337	451,517	527,882	448,618	438,075	263,885	101,230
Other Income Or Grants
Cost Of Sales	114,637	238,687	413,931	416,392	913,541	376,738	511,226	341,331	361,916	409,937	347,409	340,665	202,556	101,275
Gross Profit	26,974	50,072	101,137	98,845	221,601	100,346	130,995	93,007	89,601	117,944	101,209	97,410	61,329	-45
Admin Expenses	26,927	93,494	95,379	138,610	235,462	63,986	188,975	84,821	58,934	-31,963	22,592	63,645	124,487	42,965
Operating Profit	47	-43,422	5,758	-39,765	-13,861	36,360	-57,980	8,186	30,667	149,907	78,617	33,765	-63,158	-43,010
Interest Payable
Interest Receivable					911	565	581	1,243	987	503	119	98	129
Pre-Tax Profit	47	-43,422	5,758	-39,765	-12,950	36,925	-57,399	9,429	31,654	150,410	78,736	33,862	-63,029	-42,978
Tax	-9		-1,094			-7,016		-1,886	-6,647	-34,594	-18,897	-8,804
Profit After Tax	38	-43,422	4,664	-39,765	-12,950	29,909	-57,399	7,543	25,007	115,816	59,839	25,058	-63,029	-42,978
Dividends Paid
Retained Profit	38	-43,422	4,664	-39,765	-12,950	29,909	-57,399	7,543	25,007	115,816	59,839	25,058	-63,029	-42,978
Employee Costs	122,175	108,727	164,658	170,211	168,845	106,998	102,344	102,276	103,158	98,105	94,058	92,857	46,938
Number Of Employees	2	2	3	3	3	2	2	2	2	2	2	2	1
EBITDA*	47	-43,422	5,758	-39,765	-13,861	36,360	-57,001	8,980	31,622	150,666	79,458	34,484	-62,533	-42,841

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	2,635	1,075	1,818	1,660	1,446	2,483	2,605	2,191	1,806	1,545	1,625	2,133	2,474	508
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	2,635	1,075	1,818	1,660	1,446	2,483	2,605	2,191	1,806	1,545	1,625	2,133	2,474	508
Stock & work in progress
Trade Debtors	20,763	73,313	146,740	147,230	303,390	92,790	124,079	75,155	82,374	104,632	85,632	82,013	29,865	18,349
Group Debtors
Misc Debtors				7,054
Cash						242,924	209,058	256,079	240,987	153,932	47,308	274	38,792	12,712
misc current assets							296	777	2,990	3,167	3,750	3,478	2,948
total current assets	20,763	73,313	146,740	154,284	303,390	335,714	333,433	332,011	326,351	261,731	136,690	85,765	71,605	31,061
total assets	23,398	74,388	148,558	155,944	304,836	338,197	336,038	334,202	328,157	263,276	138,315	87,898	74,079	31,569
Bank overdraft
Bank loan
Trade Creditors	23,360	66,095	96,843	106,168	218,020	238,423	251,267	206,938	208,436	168,562	159,419	168,841	180,080	40,218
Group/Directors Accounts														10,506
other short term finances
hp & lease commitments
other current liabilities														23,817
total current liabilities	23,360	66,095	96,843	106,168	218,020	238,423	251,267	206,938	208,436	168,562	159,419	168,841	180,080	74,541
loans
hp & lease commitments
Accruals and Deferred Income				2,725			14,906
other liabilities
provisions
total long term liabilities				2,725			14,906
total liabilities	23,360	66,095	96,843	108,893	218,020	238,423	266,173	206,938	208,436	168,562	159,419	168,841	180,080	74,541
net assets	38	8,293	51,715	47,051	86,816	99,774	69,865	127,264	119,721	94,714	-21,104	-80,943	-106,001	-42,972
total shareholders funds	38	8,293	51,715	47,051	86,816	99,774	69,865	127,264	119,721	94,714	-21,104	-80,943	-106,001	-42,972

	Mar 2023	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	47	-43,422	5,758	-39,765	-13,861	36,360	-57,980	8,186	30,667	149,907	78,617	33,765	-63,158	-43,010
Depreciation							979	794	955	759	841	719	625	169
Amortisation
Tax	-9		-1,094			-7,016		-1,886	-6,647	-34,594	-18,897	-8,804
Stock
Debtors	20,763	-73,427	-7,544	-149,106	210,600	-31,289	48,924	-7,219	-22,258	19,000	3,619	52,148	11,516	18,349
Creditors	23,360	-30,748	-9,325	-111,852	-20,403	-12,844	44,329	-1,498	39,874	9,143	-9,422	-11,239	139,862	40,218
Accruals and Deferred Income			-2,725	2,725		-14,906	14,906						-23,817	23,817
Deferred Taxes & Provisions
Cash flow from operations	2,635	-743	158	214	-244,864	32,883	-46,690	12,815	87,107	106,215	47,520	-37,707	41,996	2,845
Investing Activities
capital expenditure	-2,635	743	-158	-214	1,037	122	-1,393	-1,179	-1,216	-679	-333	-378	-2,591	-677
Change in Investments
cash flow from investments	-2,635	743	-158	-214	1,037	122	-1,393	-1,179	-1,216	-679	-333	-378	-2,591	-677
Financing Activities
Bank loans
Group/Directors Accounts													-10,506	10,506
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue					-8					2				6
interest					911	565	581	1,243	987	503	119	98	129
cash flow from financing					903	565	581	1,243	987	505	119	98	-10,377	10,512
cash and cash equivalents
cash					-242,924	33,866	-47,021	15,092	87,055	106,624	47,034	-38,518	26,080	12,712
overdraft
change in cash					-242,924	33,866	-47,021	15,092	87,055	106,624	47,034	-38,518	26,080	12,712

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for open telecom limited. Get real-time insights into open telecom limited'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 open telecom limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in GU14 area or any other competitors across 12 key performance metrics.

OPEN TELECOM LIMITED group structure

Open Telecom Limited has no subsidiary companies.

Ultimate parent company

OPEN TELECOM LIMITED

06751943

OPEN TELECOM LIMITED Shareholders

michael white	50%
penelope white	50%

Open Telecom Limited currently has 4 directors. The longest serving directors include Mr Michael White (Nov 2008) and Mr David Shorten (Mar 2010).

officer	country	age	start	end	role
Mr Michael White		64 years	Nov 2008	-	Director
Mr David Shorten	United Kingdom	50 years	Mar 2010	-	Director
Mr Gordon Boulden	England	74 years	Sep 2023	-	Director
Mr Jonathon Pryce	England	54 years	Oct 2023	-	Director

P&L

March 2023

turnover

141.6k

operating profit

46.9

gross margin

19.1%

turnover

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

Balance Sheet

March 2023

net assets

total assets

23.4k

cash

net assets

Total assets minus all liabilities

Similar Companies

bookfast limited

2.5

vyspa limited

p&p comms limited

acuity unified communications limited

trusol limited

company number

06751943

Type

Private limited with Share Capital

industry

61900 - Other telecommunications activities

incorporation date

November 2008

ultimate parent company

None

previous names

whitecubitt communications limited (May 2009)

address

vale house alexandra road, farnborough, GU14 6BU

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 open telecom limited.

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 OPEN TELECOM LIMITED. This can take several minutes, an email will notify you when this has completed.

open telecom limited Company Information

open telecom limited Estimated Valuation

open telecom limited Estimated Valuation

open telecom limited Estimated Valuation

Open Telecom Limited Overview

Open Telecom Limited Health Check

OPEN TELECOM LIMITED financials

open telecom limited Credit Report and Business Information

Open Telecom Limited Competitor Analysis

open telecom limited Ownership

open telecom limited directors

open telecom limited company details

open telecom limited Charges & Mortgages

open telecom limited Capital Raised & Share Issues BETA

open telecom limited Companies House Filings - See Documents