oceantex limited Company Information
Group Structure
View All
Industry
Non-trading company
Registered Address
agc busworks un2.34, 39-41 north road, london, N7 9DP
Website
-oceantex limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANTEX LIMITED at £1.6m based on a Turnover of £3.4m and 0.48x industry multiple (adjusted for size and gross margin).
oceantex limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANTEX LIMITED at £0 based on an EBITDA of £-7.9k and a 3.37x industry multiple (adjusted for size and gross margin).
oceantex limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANTEX LIMITED at £0 based on Net Assets of £-136.1k and 1.35x industry multiple (adjusted for liquidity).
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Oceantex Limited Overview
Oceantex Limited is a live company located in london, N7 9DP with a Companies House number of 07937854. It operates in the non-trading company sector, SIC Code 74990. Founded in February 2012, it's largest shareholder is brearley ltd with a 100% stake. Oceantex Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.
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Oceantex Limited Health Check
Pomanda's financial health check has awarded Oceantex Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
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3 Strong
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2 Regular
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4 Weak
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Size
annual sales of £3.4m, make it in line with the average company (£3.3m)
- Oceantex Limited
£3.3m - Industry AVG
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Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (4.6%)
- Oceantex Limited
4.6% - Industry AVG
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Production
with a gross margin of 18%, this company has a higher cost of product (34.6%)
- Oceantex Limited
34.6% - Industry AVG
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Profitability
an operating margin of -0.2% make it less profitable than the average company (4.8%)
- Oceantex Limited
4.8% - Industry AVG
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Employees
with 11 employees, this is below the industry average (41)
- Oceantex Limited
41 - Industry AVG
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Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Oceantex Limited
£40k - Industry AVG
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Efficiency
resulting in sales per employee of £306.3k, this is more efficient (£147.2k)
- Oceantex Limited
£147.2k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Oceantex Limited
- - Industry AVG
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Creditor Days
its suppliers are paid after 128 days, this is slower than average (41 days)
- Oceantex Limited
41 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Oceantex Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Oceantex Limited
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 116.3%, this is a higher level of debt than the average (47.6%)
116.3% - Oceantex Limited
47.6% - Industry AVG
OCEANTEX LIMITED financials
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Oceantex Limited's latest turnover from August 2023 is estimated at £3.4 million and the company has net assets of -£136.1 thousand. According to their latest financial statements, we estimate that Oceantex Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 837,211 | 845,160 | 129,966 | 87,704 | 100,576 | 135,861 | 164,462 | 470,744 | 0 | 0 | 0 |
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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 837,211 | 845,161 | 129,966 | 87,705 | 100,577 | 135,862 | 164,463 | 470,745 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total assets | 837,211 | 845,161 | 129,966 | 87,705 | 100,577 | 135,862 | 164,463 | 470,745 | 0 | 0 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 973,333 | 973,333 | 252,805 | 245,373 | 250,429 | 260,211 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 255,923 | 531,094 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 973,333 | 973,333 | 252,805 | 245,373 | 250,429 | 260,211 | 255,924 | 531,095 | 0 | 0 | 0 |
loans | 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 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 973,333 | 973,333 | 252,805 | 245,373 | 250,429 | 260,211 | 255,924 | 531,095 | 0 | 0 | 0 |
net assets | -136,122 | -128,173 | -122,839 | -157,668 | -149,853 | -124,350 | -91,461 | -60,350 | 0 | 0 | 0 |
total shareholders funds | -136,122 | -128,173 | -122,839 | -157,668 | -149,853 | -124,350 | -91,461 | -60,350 | 0 | 0 | 0 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 0 | 0 | 30,840 | ||||||||
Amortisation | 0 | 0 | 0 | 0 | |||||||
Tax | |||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Creditors | 0 | 720,528 | 7,432 | -5,056 | -9,782 | 260,211 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 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 |
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 | 0 | 0 | -255,923 | -275,171 | 531,094 | 0 | 0 | 0 |
Long term loans | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
oceantex limited Credit Report and Business Information
Oceantex Limited Competitor Analysis
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Perform a competitor analysis for oceantex limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in N 7 area or any other competitors across 12 key performance metrics.
oceantex limited Ownership
OCEANTEX LIMITED group structure
Oceantex Limited has no subsidiary companies.
oceantex limited directors
Oceantex Limited currently has 1 director, Ifigeneia Theodotou serving since Aug 2017.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ifigeneia Theodotou | England | 42 years | Aug 2017 | - | Director |
P&L
August 2023turnover
3.4m
+1%
operating profit
-7.9k
0%
gross margin
18.1%
+20.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-136.1k
+0.06%
total assets
837.2k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
oceantex limited company details
company number
07937854
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
agc busworks un2.34, 39-41 north road, london, N7 9DP
Bank
-
Legal Advisor
-
oceantex 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 did not find charges/mortgages relating to oceantex limited.
oceantex limited 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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oceantex limited Companies House Filings - See Documents
date | description | view/download |
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