optimistic acquisitions ltd
optimistic acquisitions ltd Company Information
Group Structure
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Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
c/o frp advisory trading limited, winckley square, preston, PR1 3JJ
Website
-optimistic acquisitions ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMISTIC ACQUISITIONS LTD at £594.3k based on a Turnover of £179.2k and 3.32x industry multiple (adjusted for size and gross margin).
optimistic acquisitions ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMISTIC ACQUISITIONS LTD at £0 based on an EBITDA of £-45.2k and a 6.48x industry multiple (adjusted for size and gross margin).
optimistic acquisitions ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMISTIC ACQUISITIONS LTD at £442.1k based on Net Assets of £253.2k and 1.75x industry multiple (adjusted for liquidity).
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Optimistic Acquisitions Ltd Overview
Optimistic Acquisitions Ltd is a live company located in preston, PR1 3JJ with a Companies House number of 07815243. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2011, it's largest shareholder is thomas corrin with a 100% stake. Optimistic Acquisitions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £179.2k with healthy growth in recent years.
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Optimistic Acquisitions Ltd Health Check
Pomanda's financial health check has awarded Optimistic Acquisitions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £179.2k, make it smaller than the average company (£850.2k)
- Optimistic Acquisitions Ltd
£850.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (2.9%)
- Optimistic Acquisitions Ltd
2.9% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
- Optimistic Acquisitions Ltd
73% - Industry AVG
Profitability
an operating margin of -25.2% make it less profitable than the average company (27.1%)
- Optimistic Acquisitions Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Optimistic Acquisitions Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
- Optimistic Acquisitions Ltd
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £179.2k, this is equally as efficient (£179.2k)
- Optimistic Acquisitions Ltd
£179.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Optimistic Acquisitions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Optimistic Acquisitions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Optimistic Acquisitions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Optimistic Acquisitions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.1%, this is a higher level of debt than the average (67.5%)
82.1% - Optimistic Acquisitions Ltd
67.5% - Industry AVG
OPTIMISTIC ACQUISITIONS LTD financials
Optimistic Acquisitions Ltd's latest turnover from October 2023 is estimated at £179.2 thousand and the company has net assets of £253.2 thousand. According to their latest financial statements, Optimistic Acquisitions Ltd has 1 employee and maintains cash reserves of £263.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,302 | |||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 2,864 | |||||||||||
| Tax | -573 | |||||||||||
| Profit After Tax | 2,291 | |||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 2,291 | |||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | |||||
| Intangible Assets | ||||||||||||
| Investments & Other | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | |||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 | 1,148,943 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 1,972 | 1,920 | 10,171 | |||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 2,561 | |||||||||||
| Cash | 263,395 | 297,811 | 336,224 | 348,071 | 358,878 | 307,852 | 250,603 | 206,125 | 150,368 | 105,690 | 50,700 | |
| misc current assets | ||||||||||||
| total current assets | 263,395 | 297,811 | 336,224 | 348,071 | 358,878 | 307,852 | 250,603 | 208,686 | 150,368 | 107,662 | 52,620 | 10,171 |
| total assets | 1,412,338 | 1,446,754 | 1,485,167 | 1,497,014 | 1,507,821 | 1,456,795 | 1,399,546 | 1,357,629 | 1,299,311 | 1,256,605 | 1,201,563 | 1,159,114 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 83,483 | 23,675 | 15,783 | |||||||||
| Group/Directors Accounts | 4,748 | |||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 3,977 | 600 | 711 | 12,265 | 13,526 | 13,940 | 22,647 | 5,976 | ||||
| total current liabilities | 3,977 | 600 | 711 | 12,265 | 13,526 | 13,940 | 27,395 | 83,483 | 23,675 | 15,783 | 5,976 | |
| loans | 1,506,855 | 1,159,120 | 1,159,120 | 1,159,120 | ||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 278,188 | 208,641 | 139,094 | |||||||||
| other liabilities | 1,159,120 | 1,159,120 | 1,159,664 | 1,576,674 | 1,159,120 | 1,159,119 | 1,150,846 | 1,150,846 | ||||
| provisions | ||||||||||||
| total long term liabilities | 1,159,120 | 1,159,120 | 1,159,664 | 1,576,674 | 1,506,855 | 1,437,308 | 1,367,761 | 1,298,214 | 1,159,120 | 1,159,119 | 1,150,846 | 1,150,846 |
| total liabilities | 1,159,120 | 1,163,097 | 1,160,264 | 1,577,385 | 1,519,120 | 1,450,834 | 1,381,701 | 1,325,609 | 1,242,603 | 1,182,794 | 1,166,629 | 1,156,822 |
| net assets | 253,218 | 283,657 | 324,903 | -80,371 | -11,299 | 5,961 | 17,845 | 32,020 | 56,708 | 73,811 | 34,934 | 2,292 |
| total shareholders funds | 253,218 | 283,657 | 324,903 | -80,371 | -11,299 | 5,961 | 17,845 | 32,020 | 56,708 | 73,811 | 34,934 | 2,292 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | ||||||||||||
| Amortisation | ||||||||||||
| Tax | -573 | |||||||||||
| Stock | ||||||||||||
| Debtors | -2,561 | 2,561 | -1,972 | 52 | -8,251 | 10,171 | ||||||
| Creditors | -83,483 | 59,808 | 7,892 | 15,783 | ||||||||
| Accruals and Deferred Income | -3,977 | 3,377 | -111 | -11,554 | -279,449 | 69,133 | 60,840 | 161,741 | -5,976 | 5,976 | ||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | -4,768 | |||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 1,148,943 | |||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -4,748 | 4,748 | ||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -1,506,855 | 347,735 | 1,159,120 | |||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -544 | -417,010 | 1,576,674 | -1,159,120 | 1 | 8,273 | 1,150,846 | |||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | 1,150,847 | |||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -34,416 | -38,413 | -11,847 | -10,807 | 51,026 | 57,249 | 44,478 | 55,757 | 44,678 | 54,990 | 50,700 | |
| overdraft | ||||||||||||
| change in cash | -34,416 | -38,413 | -11,847 | -10,807 | 51,026 | 57,249 | 44,478 | 55,757 | 44,678 | 54,990 | 50,700 |
optimistic acquisitions ltd Credit Report and Business Information
Optimistic Acquisitions Ltd Competitor Analysis
Perform a competitor analysis for optimistic acquisitions ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PR1 area or any other competitors across 12 key performance metrics.
optimistic acquisitions ltd Ownership
OPTIMISTIC ACQUISITIONS LTD group structure
Optimistic Acquisitions Ltd has no subsidiary companies.
Ultimate parent company
OPTIMISTIC ACQUISITIONS LTD
07815243
optimistic acquisitions ltd directors
Optimistic Acquisitions Ltd currently has 1 director, Mr Thomas Corrin serving since Oct 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Corrin | 55 years | Oct 2011 | - | Director |
P&L
October 2023turnover
179.2k
+12%
operating profit
-45.2k
0%
gross margin
73%
+0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
253.2k
-0.11%
total assets
1.4m
-0.02%
cash
263.4k
-0.12%
net assets
Total assets minus all liabilities
optimistic acquisitions ltd company details
company number
07815243
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
FRANCIS CLARK LLP
auditor
-
address
c/o frp advisory trading limited, winckley square, preston, PR1 3JJ
Bank
HSBC BANK PLC
Legal Advisor
-
optimistic acquisitions 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 optimistic acquisitions ltd.
optimistic acquisitions 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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optimistic acquisitions ltd Companies House Filings - See Documents
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