open china gateway ltd
open china gateway ltd Company Information
Company Number
07528865
Next Accounts
Dec 2025
Shareholders
haroon rashid
robert giddy
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
590a kingsbury road, erdington, birmingham, B24 9ND
Website
openchinagateway.comopen china gateway ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN CHINA GATEWAY LTD at £85.5k based on a Turnover of £153.8k and 0.56x industry multiple (adjusted for size and gross margin).
open china gateway ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN CHINA GATEWAY LTD at £0 based on an EBITDA of £-3.7k and a 4x industry multiple (adjusted for size and gross margin).
open china gateway ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN CHINA GATEWAY LTD at £41.5k based on Net Assets of £18.1k and 2.3x industry multiple (adjusted for liquidity).
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Open China Gateway Ltd Overview
Open China Gateway Ltd is a live company located in birmingham, B24 9ND with a Companies House number of 07528865. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2011, it's largest shareholder is haroon rashid with a 64% stake. Open China Gateway Ltd is a established, micro sized company, Pomanda has estimated its turnover at £153.8k with declining growth in recent years.
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Open China Gateway Ltd Health Check
Pomanda's financial health check has awarded Open China Gateway Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £153.8k, make it smaller than the average company (£3.7m)
- Open China Gateway Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (8.3%)
- Open China Gateway Ltd
8.3% - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Open China Gateway Ltd
37.8% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (5.7%)
- Open China Gateway Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Open China Gateway Ltd
22 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Open China Gateway Ltd
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £76.9k, this is less efficient (£146.2k)
- Open China Gateway Ltd
£146.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Open China Gateway Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
- Open China Gateway Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Open China Gateway Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2051 weeks, this is more cash available to meet short term requirements (27 weeks)
2051 weeks - Open China Gateway Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (58.6%)
2.5% - Open China Gateway Ltd
58.6% - Industry AVG
OPEN CHINA GATEWAY LTD financials
Open China Gateway Ltd's latest turnover from March 2024 is estimated at £153.8 thousand and the company has net assets of £18.1 thousand. According to their latest financial statements, Open China Gateway Ltd has 2 employees and maintains cash reserves of £18.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 30,000 | 0 | 0 | 35,000 | 40,000 | 25,000 | 0 | 0 |
| Trade Debtors | 0 | 0 | 15,997 | 64,731 | 0 | 0 | 111,080 | 145,818 | 18,240 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 18,543 | 24,481 | 0 | 32,188 | 106,682 | 126,786 | 0 | 0 | 18,141 | 23,361 | 20,852 | 928 | 54,490 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,543 | 24,481 | 15,997 | 96,919 | 106,682 | 156,786 | 111,080 | 145,818 | 71,381 | 63,361 | 45,852 | 928 | 54,490 |
| total assets | 18,543 | 24,481 | 15,997 | 96,919 | 106,682 | 156,786 | 111,080 | 145,818 | 71,381 | 63,361 | 45,852 | 928 | 54,490 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 470 | 470 | 470 | 450 | 450 | 97,114 | 62,737 | 121,910 | 2,988 | 420 | 480 | 480 | 480 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 604 | 0 | 0 | 0 | 29,489 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 9,429 | 0 | 0 | 0 | 0 | 0 | 960 | 4 | 8,904 |
| total current liabilities | 470 | 470 | 470 | 450 | 10,483 | 97,114 | 62,737 | 121,910 | 32,477 | 420 | 1,440 | 484 | 9,384 |
| loans | 0 | 3,151 | 790 | 0 | 0 | 0 | 0 | 0 | 0 | 33,870 | 66,404 | 0 | 9,490 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 3,151 | 790 | 0 | 0 | 0 | 0 | 0 | 0 | 33,870 | 66,404 | 0 | 9,490 |
| total liabilities | 470 | 3,621 | 1,260 | 450 | 10,483 | 97,114 | 62,737 | 121,910 | 32,477 | 34,290 | 67,844 | 484 | 18,874 |
| net assets | 18,073 | 20,860 | 14,737 | 96,469 | 96,199 | 59,672 | 48,343 | 23,908 | 38,904 | 29,071 | -21,992 | 444 | 35,616 |
| total shareholders funds | 18,073 | 20,860 | 14,737 | 96,469 | 96,199 | 59,672 | 48,343 | 23,908 | 38,904 | 29,071 | -21,992 | 444 | 35,616 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | -30,000 | 30,000 | 0 | -35,000 | -5,000 | 15,000 | 25,000 | 0 | 0 |
| Debtors | 0 | -15,997 | -48,734 | 64,731 | 0 | -111,080 | -34,738 | 127,578 | 18,240 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 20 | 0 | -96,664 | 34,377 | -59,173 | 118,922 | 2,568 | -60 | 0 | 0 | 480 |
| Accruals and Deferred Income | 0 | 0 | 0 | -9,429 | 9,429 | 0 | 0 | 0 | 0 | -960 | 956 | -8,900 | 8,904 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -604 | 604 | 0 | 0 | -29,489 | 29,489 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,151 | 2,361 | 790 | 0 | 0 | 0 | 0 | 0 | -33,870 | -32,534 | 66,404 | -9,490 | 9,490 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -5,938 | 24,481 | -32,188 | -74,494 | -20,104 | 126,786 | 0 | -18,141 | -5,220 | 2,509 | 19,924 | -53,562 | 54,490 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,938 | 24,481 | -32,188 | -74,494 | -20,104 | 126,786 | 0 | -18,141 | -5,220 | 2,509 | 19,924 | -53,562 | 54,490 |
open china gateway ltd Credit Report and Business Information
Open China Gateway Ltd Competitor Analysis
Perform a competitor analysis for open china gateway ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B24 area or any other competitors across 12 key performance metrics.
open china gateway ltd Ownership
OPEN CHINA GATEWAY LTD group structure
Open China Gateway Ltd has no subsidiary companies.
Ultimate parent company
OPEN CHINA GATEWAY LTD
07528865
open china gateway ltd directors
Open China Gateway Ltd currently has 3 directors. The longest serving directors include Mr Haroon Rashid (Feb 2011) and Mrs Yasmin Rashid (Feb 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Haroon Rashid | United Kingdom | 68 years | Feb 2011 | - | Director |
| Mrs Yasmin Rashid | United Kingdom | 63 years | Feb 2011 | - | Director |
| Mr Robert Giddy | United Kingdom | 77 years | Mar 2013 | - | Director |
P&L
March 2024turnover
153.8k
+3%
operating profit
-3.7k
0%
gross margin
37.9%
-1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
18.1k
-0.13%
total assets
18.5k
-0.24%
cash
18.5k
-0.24%
net assets
Total assets minus all liabilities
open china gateway ltd company details
company number
07528865
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
hyr consultants ltd (July 2013)
accountant
PARKERS ACCOUNTANCY AND TAXATION
auditor
-
address
590a kingsbury road, erdington, birmingham, B24 9ND
Bank
-
Legal Advisor
-
open china gateway 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 did not find charges/mortgages relating to open china gateway ltd.
open china gateway 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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open china gateway ltd Companies House Filings - See Documents
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