odin solutions limited Company Information
Company Number
07815719
Website
www.odinsol.comRegistered Address
white maund 44-46 old steine, brighton, east sussex, BN1 1NH
Industry
Computer consultancy activities
Telephone
02077540306
Next Accounts Due
304 days late
Group Structure
View All
Shareholders
balraj cheema 33%
keith bishop 33%
View Allodin solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ODIN SOLUTIONS LIMITED at £169.5k based on a Turnover of £251.4k and 0.67x industry multiple (adjusted for size and gross margin).
odin solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ODIN SOLUTIONS LIMITED at £0 based on an EBITDA of £-177.5k and a 4.84x industry multiple (adjusted for size and gross margin).
odin solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ODIN SOLUTIONS LIMITED at £39.2k based on Net Assets of £17.4k and 2.25x industry multiple (adjusted for liquidity).
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Odin Solutions Limited Overview
Odin Solutions Limited is a live company located in east sussex, BN1 1NH with a Companies House number of 07815719. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2011, it's largest shareholder is balraj cheema with a 33% stake. Odin Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £251.4k with declining growth in recent years.
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Odin Solutions Limited Health Check
Pomanda's financial health check has awarded Odin Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £251.4k, make it smaller than the average company (£575.8k)
- Odin Solutions Limited
£575.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (3.2%)
- Odin Solutions Limited
3.2% - Industry AVG
Production
with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)
- Odin Solutions Limited
45.9% - Industry AVG
Profitability
an operating margin of -84.3% make it less profitable than the average company (8.5%)
- Odin Solutions Limited
8.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (8)
5 - Odin Solutions Limited
8 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£49k)
- Odin Solutions Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £50.3k, this is less efficient (£116.1k)
- Odin Solutions Limited
£116.1k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (67 days)
- Odin Solutions Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (32 days)
- Odin Solutions Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Odin Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (25 weeks)
11 weeks - Odin Solutions Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.3%, this is a higher level of debt than the average (56.4%)
92.3% - Odin Solutions Limited
56.4% - Industry AVG
ODIN SOLUTIONS LIMITED financials
Odin Solutions Limited's latest turnover from March 2022 is estimated at £251.4 thousand and the company has net assets of £17.4 thousand. According to their latest financial statements, Odin Solutions Limited has 5 employees and maintains cash reserves of £23.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 18,900 | ||||||||||
Other Income Or Grants | 0 | ||||||||||
Cost Of Sales | 6,538 | ||||||||||
Gross Profit | 12,362 | ||||||||||
Admin Expenses | -4,207 | ||||||||||
Operating Profit | 16,569 | ||||||||||
Interest Payable | 0 | ||||||||||
Interest Receivable | 0 | ||||||||||
Pre-Tax Profit | 16,569 | ||||||||||
Tax | 0 | ||||||||||
Profit After Tax | 16,569 | ||||||||||
Dividends Paid | 0 | ||||||||||
Retained Profit | 16,569 | ||||||||||
Employee Costs | |||||||||||
Number Of Employees | 5 | 15 | 20 | 28 | 17 | 4 | |||||
EBITDA* | 17,518 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,419 | 36,958 | 70,329 | 102,545 | 137,141 | 52,987 | 39,312 | 5,781 | 4,998 | 5,381 | 2,845 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 149,247 | 127,028 | 127,028 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 151,666 | 163,986 | 197,357 | 102,545 | 137,141 | 52,987 | 39,312 | 5,781 | 4,998 | 5,381 | 2,845 |
Stock & work in progress | 0 | 0 | 0 | 21,300 | 53,500 | 35,000 | 25,500 | 4,850 | 985 | 775 | 1,275 |
Trade Debtors | 10,200 | 134,200 | 379,053 | 544,196 | 591,878 | 157,287 | 572,800 | 211,407 | 43,395 | 59,460 | 4,950 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 39,724 | 46,431 | 83,809 | 0 | 104,652 | 1,151 | 0 | 0 | 0 | 0 | 0 |
Cash | 23,913 | 326,659 | 199,509 | 130,277 | 134,322 | 90,901 | 253,728 | 40,309 | 68,205 | 15,596 | 6,925 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 73,837 | 507,290 | 662,371 | 695,773 | 884,352 | 284,339 | 852,028 | 256,566 | 112,585 | 75,831 | 13,150 |
total assets | 225,503 | 671,276 | 859,728 | 798,318 | 1,021,493 | 337,326 | 891,340 | 262,347 | 117,583 | 81,212 | 15,995 |
Bank overdraft | 30,000 | 17,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 45,271 | 94,441 | 141,297 | 491,629 | 229,712 | 118,657 | 741,677 | 238,898 | 77,469 | 65,754 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 6,064 | 6,036 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 29,870 | 182,167 | 257,741 | 0 | 265,067 | 168,381 | 0 | 0 | 0 | 0 | 20,102 |
total current liabilities | 105,141 | 294,108 | 399,038 | 491,629 | 500,843 | 293,074 | 741,677 | 238,898 | 77,469 | 65,754 | 20,102 |
loans | 102,500 | 132,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 460 | 7,023 | 13,363 | 0 | 19,259 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 102,960 | 139,523 | 13,363 | 0 | 19,259 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 208,101 | 433,631 | 412,401 | 491,629 | 520,102 | 293,074 | 741,677 | 238,898 | 77,469 | 65,754 | 20,102 |
net assets | 17,402 | 237,645 | 447,327 | 306,689 | 501,391 | 44,252 | 149,663 | 23,449 | 40,114 | 15,458 | -4,107 |
total shareholders funds | 17,402 | 237,645 | 447,327 | 306,689 | 501,391 | 44,252 | 149,663 | 23,449 | 40,114 | 15,458 | -4,107 |
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | 16,569 | ||||||||||
Depreciation | 34,539 | 32,375 | 50,550 | 27,070 | 13,105 | 1,928 | 1,666 | 1,793 | 949 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | 0 | ||||||||||
Stock | 0 | 0 | -21,300 | -32,200 | 18,500 | 9,500 | 20,650 | 3,865 | 210 | -500 | 1,275 |
Debtors | -108,488 | -282,231 | 45,694 | -152,334 | 538,092 | -414,362 | 361,393 | 168,012 | -16,065 | 54,510 | 4,950 |
Creditors | -49,170 | -46,856 | -350,332 | 261,917 | 111,055 | -623,020 | 502,779 | 161,429 | 11,715 | 65,754 | 0 |
Accruals and Deferred Income | -152,297 | -75,574 | 257,741 | -265,067 | 96,686 | 168,381 | 0 | 0 | 0 | -20,102 | 20,102 |
Deferred Taxes & Provisions | -6,563 | -6,340 | 13,363 | -19,259 | 19,259 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 31,395 | ||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | -6,064 | 28 | 6,036 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -30,000 | 132,500 | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | 0 | ||||||||||
cash flow from financing | -20,676 | ||||||||||
cash and cash equivalents | |||||||||||
cash | -302,746 | 127,150 | 69,232 | -4,045 | 43,421 | -162,827 | 213,419 | -27,896 | 52,609 | 8,671 | 6,925 |
overdraft | 12,500 | 17,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -315,246 | 109,650 | 69,232 | -4,045 | 43,421 | -162,827 | 213,419 | -27,896 | 52,609 | 8,671 | 6,925 |
odin solutions limited Credit Report and Business Information
Odin Solutions Limited Competitor Analysis
Perform a competitor analysis for odin solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
odin solutions limited Ownership
ODIN SOLUTIONS LIMITED group structure
Odin Solutions Limited has 1 subsidiary company.
odin solutions limited directors
Odin Solutions Limited currently has 2 directors. The longest serving directors include Mr Keith Bishop (Feb 2014) and Mr Dominic Cameron (Dec 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Keith Bishop | 47 years | Feb 2014 | - | Director | |
Mr Dominic Cameron | England | 68 years | Dec 2020 | - | Director |
P&L
March 2022turnover
251.4k
-74%
operating profit
-212k
0%
gross margin
45.9%
-4.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
17.4k
-0.93%
total assets
225.5k
-0.66%
cash
23.9k
-0.93%
net assets
Total assets minus all liabilities
odin solutions limited company details
company number
07815719
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
ray solutions ltd (July 2012)
accountant
ANTRAMS FINANCIAL SERVICES LLP
auditor
-
address
white maund 44-46 old steine, brighton, east sussex, BN1 1NH
Bank
-
Legal Advisor
-
odin solutions limited 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 odin solutions limited. Currently there are 1 open charges and 1 have been satisfied in the past.
odin solutions limited Companies House Filings - See Documents
date | description | view/download |
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