osrc (south africa) limited
osrc (south africa) limited Company Information
Company Number
08126897
Next Accounts
Sep 2025
Shareholders
oil spill response (capping) ltd
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
oil spill response limited, lower william street, southampton, SO14 5QE
osrc (south africa) limited Estimated Valuation
Pomanda estimates the enterprise value of OSRC (SOUTH AFRICA) LIMITED at £804.5k based on a Turnover of £1.1m and 0.7x industry multiple (adjusted for size and gross margin).
osrc (south africa) limited Estimated Valuation
Pomanda estimates the enterprise value of OSRC (SOUTH AFRICA) LIMITED at £624.5k based on an EBITDA of £135k and a 4.63x industry multiple (adjusted for size and gross margin).
osrc (south africa) limited Estimated Valuation
Pomanda estimates the enterprise value of OSRC (SOUTH AFRICA) LIMITED at £763.2k based on Net Assets of £389k and 1.96x industry multiple (adjusted for liquidity).
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Osrc (south Africa) Limited Overview
Osrc (south Africa) Limited is a live company located in southampton, SO14 5QE with a Companies House number of 08126897. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2012, it's largest shareholder is oil spill response (capping) ltd with a 100% stake. Osrc (south Africa) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Osrc (south Africa) Limited Health Check
Pomanda's financial health check has awarded Osrc (South Africa) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £1.1m, make it in line with the average company (£1.2m)
£1.1m - Osrc (south Africa) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (7.9%)
-29% - Osrc (south Africa) Limited
7.9% - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (42%)
42% - Osrc (south Africa) Limited
42% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (6.4%)
2.9% - Osrc (south Africa) Limited
6.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (15)
4 - Osrc (south Africa) Limited
15 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Osrc (south Africa) Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £286.3k, this is more efficient (£104.2k)
£286.3k - Osrc (south Africa) Limited
£104.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Osrc (south Africa) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (40 days)
3 days - Osrc (south Africa) Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Osrc (south Africa) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is average cash available to meet short term requirements (38 weeks)
35 weeks - Osrc (south Africa) Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (48%)
81.1% - Osrc (south Africa) Limited
48% - Industry AVG
OSRC (SOUTH AFRICA) LIMITED financials
Osrc (South Africa) Limited's latest turnover from December 2023 is £1.1 million and the company has net assets of £389 thousand. According to their latest financial statements, Osrc (South Africa) Limited has 4 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,145,000 | 2,511,000 | 2,632,000 | 3,144,000 | 3,341,000 | 3,096,000 | 3,296,000 | 2,999,000 | 3,053,000 | 2,046,000 | 1,690,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | 33,000 | 31,000 | 30,000 | 9,000 | 61,000 | 49,000 | 61,000 | 52,000 | 68,000 | 89,000 | 118,000 |
| Interest Payable | |||||||||||
| Interest Receivable | 3,000 | 5,000 | 1,000 | 11,000 | |||||||
| Pre-Tax Profit | 36,000 | 36,000 | 30,000 | 9,000 | 62,000 | 49,000 | 61,000 | 52,000 | 68,000 | 100,000 | 118,000 |
| Tax | -36,000 | 16,000 | -43,000 | -299,000 | 262,000 | 10,000 | 1,281,000 | -1,210,000 | -27,000 | -30,000 | -28,000 |
| Profit After Tax | 52,000 | -13,000 | -290,000 | 324,000 | 59,000 | 1,342,000 | -1,158,000 | 41,000 | 70,000 | 90,000 | |
| Dividends Paid | |||||||||||
| Retained Profit | 52,000 | -13,000 | -290,000 | 324,000 | 59,000 | 1,342,000 | -1,158,000 | 41,000 | 70,000 | 90,000 | |
| Employee Costs | |||||||||||
| Number Of Employees | 4 | 4 | 4 | 5 | 6 | 6 | 5 | 5 | 6 | ||
| EBITDA* | 135,000 | 1,509,000 | 1,668,000 | 1,762,000 | 1,845,000 | 1,749,000 | 1,836,000 | 1,720,000 | 1,553,000 | 1,468,000 | 4,422,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 941,000 | 1,114,000 | 2,505,000 | 4,139,000 | 6,018,000 | 8,023,000 | 9,287,000 | 11,989,000 | 11,405,000 | 12,332,000 | 46,000 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 941,000 | 1,114,000 | 2,505,000 | 4,139,000 | 6,018,000 | 8,023,000 | 9,287,000 | 11,989,000 | 11,405,000 | 12,332,000 | 46,000 |
| Stock & work in progress | |||||||||||
| Trade Debtors | |||||||||||
| Group Debtors | 6,000 | 6,000 | 6,000 | 33,000 | 31,000 | 232,000 | 1,000 | 78,000 | 19,000 | ||
| Misc Debtors | 56,000 | 48,000 | 48,000 | 390,000 | 661,000 | 391,000 | 487,000 | 76,000 | 68,000 | 31,000 | 180,000 |
| Cash | 1,054,000 | 617,000 | 1,068,000 | 179,000 | 268,000 | 321,000 | 178,000 | 230,000 | 525,000 | 610,000 | 1,569,000 |
| misc current assets | |||||||||||
| total current assets | 1,116,000 | 665,000 | 1,122,000 | 575,000 | 962,000 | 743,000 | 897,000 | 306,000 | 594,000 | 719,000 | 1,768,000 |
| total assets | 2,057,000 | 1,779,000 | 3,627,000 | 4,714,000 | 6,980,000 | 8,766,000 | 10,184,000 | 12,295,000 | 11,999,000 | 13,051,000 | 1,814,000 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 7,000 | 121,000 | 247,000 | 41,000 | 36,000 | 130,000 | 135,000 | 190,000 | 157,000 | 42,000 | 44,000 |
| Group/Directors Accounts | 1,472,000 | 1,014,000 | 2,769,000 | 4,122,000 | 6,074,000 | 8,077,000 | 9,606,000 | 12,084,000 | 11,563,000 | 12,762,000 | 1,645,000 |
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 53,000 | 90,000 | 50,000 | 26,000 | 135,000 | 53,000 | 13,000 | 35,000 | 64,000 | 83,000 | 35,000 |
| total current liabilities | 1,532,000 | 1,225,000 | 3,066,000 | 4,189,000 | 6,245,000 | 8,260,000 | 9,754,000 | 12,309,000 | 11,784,000 | 12,887,000 | 1,724,000 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 136,000 | 113,000 | 124,000 | 80,000 | 78,000 | 83,000 | 1,017,000 | ||||
| total long term liabilities | 136,000 | 113,000 | 124,000 | 80,000 | 78,000 | 83,000 | 1,017,000 | ||||
| total liabilities | 1,668,000 | 1,338,000 | 3,190,000 | 4,269,000 | 6,245,000 | 8,338,000 | 9,837,000 | 13,326,000 | 11,784,000 | 12,887,000 | 1,724,000 |
| net assets | 389,000 | 441,000 | 437,000 | 445,000 | 735,000 | 428,000 | 347,000 | -1,031,000 | 215,000 | 164,000 | 90,000 |
| total shareholders funds | 389,000 | 441,000 | 437,000 | 445,000 | 735,000 | 428,000 | 347,000 | -1,031,000 | 215,000 | 164,000 | 90,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 33,000 | 31,000 | 30,000 | 9,000 | 61,000 | 49,000 | 61,000 | 52,000 | 68,000 | 89,000 | 118,000 |
| Depreciation | 102,000 | 1,478,000 | 1,638,000 | 1,753,000 | 1,784,000 | 1,700,000 | 1,775,000 | 1,668,000 | 1,485,000 | 1,379,000 | 4,304,000 |
| Amortisation | |||||||||||
| Tax | -36,000 | 16,000 | -43,000 | -299,000 | 262,000 | 10,000 | 1,281,000 | -1,210,000 | -27,000 | -30,000 | -28,000 |
| Stock | |||||||||||
| Debtors | 14,000 | -6,000 | -342,000 | -298,000 | 272,000 | -297,000 | 643,000 | 7,000 | -40,000 | -90,000 | 199,000 |
| Creditors | -114,000 | -126,000 | 206,000 | 5,000 | -94,000 | -5,000 | -55,000 | 33,000 | 115,000 | -2,000 | 44,000 |
| Accruals and Deferred Income | -37,000 | 40,000 | 24,000 | -109,000 | 82,000 | 40,000 | -22,000 | -29,000 | -19,000 | 48,000 | 35,000 |
| Deferred Taxes & Provisions | 23,000 | -11,000 | 44,000 | 80,000 | -78,000 | -5,000 | -934,000 | 1,017,000 | |||
| Cash flow from operations | -43,000 | 1,434,000 | 2,241,000 | 1,737,000 | 1,745,000 | 2,086,000 | 1,463,000 | 1,524,000 | 1,662,000 | 1,574,000 | 4,274,000 |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 458,000 | -1,755,000 | -1,353,000 | -1,952,000 | -2,003,000 | -1,529,000 | -2,478,000 | 521,000 | -1,199,000 | 11,117,000 | 1,645,000 |
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 3,000 | 5,000 | 1,000 | 11,000 | |||||||
| cash flow from financing | 409,000 | -1,798,000 | -1,348,000 | -1,952,000 | -2,019,000 | -1,507,000 | -2,442,000 | 433,000 | -1,189,000 | 11,132,000 | 1,645,000 |
| cash and cash equivalents | |||||||||||
| cash | 437,000 | -451,000 | 889,000 | -89,000 | -53,000 | 143,000 | -52,000 | -295,000 | -85,000 | -959,000 | 1,569,000 |
| overdraft | |||||||||||
| change in cash | 437,000 | -451,000 | 889,000 | -89,000 | -53,000 | 143,000 | -52,000 | -295,000 | -85,000 | -959,000 | 1,569,000 |
osrc (south africa) limited Credit Report and Business Information
Osrc (south Africa) Limited Competitor Analysis
Perform a competitor analysis for osrc (south africa) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SO14 area or any other competitors across 12 key performance metrics.
osrc (south africa) limited Ownership
OSRC (SOUTH AFRICA) LIMITED group structure
Osrc (South Africa) Limited has no subsidiary companies.
Ultimate parent company
2 parents
OSRC (SOUTH AFRICA) LIMITED
08126897
osrc (south africa) limited directors
Osrc (South Africa) Limited currently has 3 directors. The longest serving directors include Mr Richard Morrish (May 2019) and Mr Andrew Myers (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Morrish | 45 years | May 2019 | - | Director | |
| Mr Andrew Myers | 49 years | Jun 2021 | - | Director | |
| Dr Vania De Stefani | 50 years | Feb 2023 | - | Director |
P&L
December 2023turnover
1.1m
-54%
operating profit
33k
+6%
gross margin
42%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
389k
-0.12%
total assets
2.1m
+0.16%
cash
1.1m
+0.71%
net assets
Total assets minus all liabilities
osrc (south africa) limited company details
company number
08126897
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
oil spill response limited, lower william street, southampton, SO14 5QE
Bank
-
Legal Advisor
-
osrc (south africa) 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 osrc (south africa) limited.
osrc (south africa) 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 OSRC (SOUTH AFRICA) LIMITED. This can take several minutes, an email will notify you when this has completed.
osrc (south africa) limited Companies House Filings - See Documents
| date | description | view/download |
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