otherway london limited

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otherway london limited Company Information

Share OTHERWAY LONDON LIMITED

Company Number

08064222

Shareholders

common interest group limited

Group Structure

View All

Industry

Advertising agencies

 

Registered Address

6th floor 9 appold street, london, EC2A 2AP

otherway london limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of OTHERWAY LONDON LIMITED at £2.7m based on a Turnover of £5.3m and 0.52x industry multiple (adjusted for size and gross margin).

otherway london limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of OTHERWAY LONDON LIMITED at £3m based on an EBITDA of £888.6k and a 3.36x industry multiple (adjusted for size and gross margin).

otherway london limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of OTHERWAY LONDON LIMITED at £2.8m based on Net Assets of £1.6m and 1.76x industry multiple (adjusted for liquidity).

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Otherway London Limited Overview

Otherway London Limited is a live company located in london, EC2A 2AP with a Companies House number of 08064222. It operates in the advertising agencies sector, SIC Code 73110. Founded in May 2012, it's largest shareholder is common interest group limited with a 100% stake. Otherway London Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with declining growth in recent years.

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Otherway London Limited Health Check

Pomanda's financial health check has awarded Otherway London Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £7m, make it in line with the average company (£7.8m)

£7m - Otherway London Limited

£7.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.4%)

-5% - Otherway London Limited

3.4% - Industry AVG

production

Production

with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)

43.1% - Otherway London Limited

43.1% - Industry AVG

profitability

Profitability

an operating margin of 8.1% make it more profitable than the average company (5.3%)

8.1% - Otherway London Limited

5.3% - Industry AVG

employees

Employees

with 47 employees, this is above the industry average (39)

47 - Otherway London Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £62.5k, the company has an equivalent pay structure (£62.5k)

£62.5k - Otherway London Limited

£62.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £149.3k, this is less efficient (£177.7k)

£149.3k - Otherway London Limited

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (60 days)

72 days - Otherway London Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (44 days)

31 days - Otherway London Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 19 days, this is more than average (14 days)

19 days - Otherway London Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (19 weeks)

30 weeks - Otherway London Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.6%, this is a lower level of debt than the average (65.8%)

56.6% - Otherway London Limited

65.8% - Industry AVG

OTHERWAY LONDON LIMITED financials

EXPORTms excel logo

Otherway London Limited's latest turnover from December 2023 is estimated at £5.3 million and the company has net assets of £1.6 million. According to their latest financial statements, Otherway London Limited has 47 employees and maintains cash reserves of £905 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover5,263,7697,015,1578,796,82910,190,5418,057,8033,994,2792,433,0911,977,0701,810,3781,437,877446,762
Other Income Or Grants
Cost Of Sales2,973,1143,988,5674,654,0385,576,4544,539,6492,267,9181,362,2651,067,477938,691785,946247,914
Gross Profit2,290,6553,026,5914,142,7914,614,0873,518,1541,726,3611,070,826909,593871,687651,931198,848
Admin Expenses1,434,4472,461,8583,804,4724,523,6283,419,2741,491,748842,027782,727869,661610,727275,220
Operating Profit856,208564,733338,31990,45998,880234,613228,799126,8662,02641,204-76,372
Interest Payable
Interest Receivable57,42949,96711,0871,3197782,571423179204177142
Pre-Tax Profit913,637614,700349,40691,77899,658237,184229,222127,0452,23041,381-76,230
Tax-228,409-116,793-66,387-17,438-18,935-45,065-43,552-25,409-446-8,690
Profit After Tax685,228497,907283,01974,34080,723192,119185,670101,6361,78432,691-76,230
Dividends Paid
Retained Profit685,228497,907283,01974,34080,723192,119185,670101,6361,78432,691-76,230
Employee Costs3,101,3742,937,2222,620,8402,186,4032,270,5191,588,4651,051,047944,011866,974470,792156,576
Number Of Employees47474239402819181793
EBITDA*888,557613,730384,339135,296147,902263,403253,728147,06520,93954,537-70,943

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets50,48158,35984,02352,50493,96557,95359,43511,79127,35311,06814,665
Intangible Assets12,00012,00012,000
Investments & Other277,161277,161277,16116,28116,2819,8559,85513,386
Debtors (Due After 1 year)
Total Fixed Assets327,642335,520361,18468,785122,24669,95381,29021,64640,73911,06814,665
Stock & work in progress205,228215,213
Trade Debtors799,2731,394,2351,693,7032,033,8341,470,505620,256463,173337,692297,077298,33880,672
Group Debtors
Misc Debtors164,572243,512116,37179,42353,454
Cash905,0311,068,6181,282,7521,673,856964,283592,19793,50075,75567,70613,95956,851
misc current assets
total current assets2,074,1042,921,5782,976,4553,707,6902,434,7881,212,453673,044492,870418,237312,297137,523
total assets2,401,7463,257,0983,337,6393,776,4752,557,0341,282,406754,334514,516458,976323,365152,188
Bank overdraft
Bank loan
Trade Creditors 189,500346,3202,421,8873,091,1901,996,726794,411134,47572,54279,314156,37778,418
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities598,6621,491,032323,199340,873210,890
total current liabilities788,1621,837,3522,421,8873,091,1901,996,726794,411457,674413,415290,204156,37778,418
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities50,000
provisions12,6046,0872,5521,91510,32511,1091,220
total long term liabilities12,6046,08752,5521,91510,32511,1091,220
total liabilities800,7661,843,4392,421,8873,143,7421,998,641804,736468,783414,635290,204156,37778,418
net assets1,600,9801,413,659915,752632,733558,393477,670285,55199,881168,772166,98873,770
total shareholders funds1,600,9801,413,659915,752632,733558,393477,670285,55199,881168,772166,98873,770
Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit856,208564,733338,31990,45998,880234,613228,799126,8662,02641,204-76,372
Depreciation32,34948,99746,02044,83749,02228,79024,92920,19918,91313,3335,429
Amortisation
Tax-228,409-116,793-66,387-17,438-18,935-45,065-43,552-25,409-446-8,690
Stock205,228215,213
Debtors-729,858-55,956-340,131563,329850,24940,712162,42966,58452,193217,66680,672
Creditors-2,232,387-2,075,567-669,3031,094,4641,202,315659,93661,933-6,772-77,06377,95978,418
Accruals and Deferred Income598,6621,491,032-323,199-17,674129,983210,890
Deferred Taxes & Provisions12,6046,087-2,552637-8,410-7849,8891,220
Cash flow from operations-436,343-240,768-13,772649,630472,623513,579101,895179,503102,127-93,860-73,197
Investing Activities
capital expenditure1,193-23,333-77,5398,624-85,034-27,308-84,573-4,637-35,198-9,736-20,094
Change in Investments260,88016,281-9,855-3,53113,386
cash flow from investments1,193-23,333-338,4198,624-101,315-17,453-84,573-1,106-48,584-9,736-20,094
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-50,00050,000
share issue-170,52760,527150,000
interest57,42949,96711,0871,3197782,571423179204177142
cash flow from financing57,42949,967-38,91351,3197782,571423-170,34820460,704150,142
cash and cash equivalents
cash-377,721-214,134-391,104709,573372,086498,69717,7458,04953,747-42,89256,851
overdraft
change in cash-377,721-214,134-391,104709,573372,086498,69717,7458,04953,747-42,89256,851

otherway london limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Otherway London Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for otherway london limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.

otherway london limited Ownership

OTHERWAY LONDON LIMITED group structure

Otherway London Limited has no subsidiary companies.

Ultimate parent company

1 parent

OTHERWAY LONDON LIMITED

08064222

OTHERWAY LONDON LIMITED Shareholders

common interest group limited 100%

otherway london limited directors

Otherway London Limited currently has 4 directors. The longest serving directors include Mr Benjamin Lewin (Jan 2018) and Mr Stuart Finlayson (Aug 2023).

officercountryagestartendrole
Mr Benjamin LewinUnited Kingdom50 years Jan 2018- Director
Mr Stuart FinlaysonUnited Kingdom41 years Aug 2023- Director
Miss Deepa Shah47 years Mar 2024- Director
Mr Anthony FreedmanUnited Kingdom56 years Mar 2024- Director

P&L

December 2023

turnover

5.3m

-40%

operating profit

856.2k

0%

gross margin

43.6%

-7.59%

turnover

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

Balance Sheet

December 2023

net assets

1.6m

+0.75%

total assets

2.4m

-0.28%

cash

905k

-0.29%

net assets

Total assets minus all liabilities

otherway london limited company details

company number

08064222

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

incorporation date

May 2012

age

13

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

company ac limited (May 2013)

accountant

-

auditor

-

address

6th floor 9 appold street, london, EC2A 2AP

Bank

-

Legal Advisor

-

otherway london 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 otherway london limited. Currently there are 1 open charges and 1 have been satisfied in the past.

otherway london 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.

Click to start generating capital raising & share issue transactions for OTHERWAY LONDON LIMITED. This can take several minutes, an email will notify you when this has completed.

otherway london limited Companies House Filings - See Documents

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