ortoo technologies ltd
ortoo technologies ltd Company Information
Company Number
08142817
Website
www.ortootech.comRegistered Address
8th floor hylo 103, 105 bunhill row, london, EC1Y 8LZ
Industry
Computer consultancy activities
Telephone
08000614500
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
the key support services 100%
ortoo technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of ORTOO TECHNOLOGIES LTD at £901.2k based on a Turnover of £852.9k and 1.06x industry multiple (adjusted for size and gross margin).
ortoo technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of ORTOO TECHNOLOGIES LTD at £5.5m based on an EBITDA of £695k and a 7.84x industry multiple (adjusted for size and gross margin).
ortoo technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of ORTOO TECHNOLOGIES LTD at £570.2k based on Net Assets of £1.1m and 0.5x industry multiple (adjusted for liquidity).
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Ortoo Technologies Ltd Overview
Ortoo Technologies Ltd is a dissolved company that was located in london, EC1Y 8LZ with a Companies House number of 08142817. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2012, it's largest shareholder was the key support services with a 100% stake. The last turnover for Ortoo Technologies Ltd was estimated at £852.9k.
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Ortoo Technologies Ltd Health Check
Pomanda's financial health check has awarded Ortoo Technologies Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
0 Weak
Size
annual sales of £852.9k, make it larger than the average company (£325.1k)
£852.9k - Ortoo Technologies Ltd
£325.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.8%)
- Ortoo Technologies Ltd
2.8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (48.1%)
100% - Ortoo Technologies Ltd
48.1% - Industry AVG
Profitability
an operating margin of 80.5% make it more profitable than the average company (8.2%)
80.5% - Ortoo Technologies Ltd
8.2% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Ortoo Technologies Ltd
5 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
- Ortoo Technologies Ltd
£47k - Industry AVG
Efficiency
resulting in sales per employee of £213.2k, this is more efficient (£110k)
£213.2k - Ortoo Technologies Ltd
£110k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (68 days)
33 days - Ortoo Technologies Ltd
68 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ortoo Technologies Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ortoo Technologies Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (29 weeks)
24 weeks - Ortoo Technologies Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (57.6%)
25% - Ortoo Technologies Ltd
57.6% - Industry AVG
ORTOO TECHNOLOGIES LTD financials
Ortoo Technologies Ltd's latest turnover from August 2021 is £852.9 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Ortoo Technologies Ltd has 4 employees and maintains cash reserves of £179.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2021 | Aug 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 852,920 | 951,270 | 500,225 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | 0 | ||||||
| Gross Profit | 852,920 | 951,270 | 500,225 | ||||||
| Admin Expenses | 166,728 | 390,732 | 319,296 | ||||||
| Operating Profit | 686,192 | 560,538 | 180,929 | ||||||
| Interest Payable | 0 | 0 | 0 | ||||||
| Interest Receivable | 39 | 418 | 291 | ||||||
| Pre-Tax Profit | 686,231 | 560,956 | 181,220 | ||||||
| Tax | -28,243 | -39,590 | 0 | ||||||
| Profit After Tax | 657,988 | 521,366 | 181,220 | ||||||
| Dividends Paid | 0 | 0 | 0 | ||||||
| Retained Profit | 657,988 | 521,366 | 181,220 | ||||||
| Employee Costs | |||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 3 | |||
| EBITDA* | 695,017 | 568,007 | 188,077 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2021 | Aug 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,151 | 11,879 | 8,867 | 3,165 | 6,315 | 5,476 | 4,151 | 3,101 | 2,717 |
| Intangible Assets | 13,696 | 13,696 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,847 | 25,575 | 8,867 | 3,165 | 6,315 | 5,476 | 4,151 | 3,101 | 2,717 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 78,797 | 140,551 | 134,206 | 148,680 | 83,500 | 21,210 | 16,901 | 15,155 | 606 |
| Group Debtors | 1,178,582 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 53,927 | 97,065 | 49,692 | 1,219 | 1,197 | 1,645 | 0 | 0 | 0 |
| Cash | 179,656 | 412,484 | 237,689 | 122,757 | 55,637 | 38,766 | 82,633 | 61,365 | 50,243 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,490,962 | 650,100 | 421,587 | 272,656 | 140,334 | 61,621 | 99,534 | 76,520 | 50,849 |
| total assets | 1,507,809 | 675,675 | 430,454 | 275,821 | 146,649 | 67,097 | 103,685 | 79,621 | 53,566 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 80,699 | 73,758 | 52,249 |
| Group/Directors Accounts | 0 | 21,788 | 25,194 | 75,000 | 75,000 | 50,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 376,072 | 178,637 | 393,228 | 69,332 | 35,783 | 35,627 | 0 | 0 | 0 |
| total current liabilities | 376,072 | 200,425 | 418,422 | 144,332 | 110,783 | 85,627 | 80,699 | 73,758 | 52,249 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 351 | 1,852 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 351 | 1,852 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 376,423 | 202,277 | 418,422 | 144,332 | 110,783 | 85,627 | 80,699 | 73,758 | 52,249 |
| net assets | 1,131,386 | 473,398 | 12,032 | 131,489 | 35,866 | -18,530 | 22,986 | 5,863 | 1,317 |
| total shareholders funds | 1,131,386 | 473,398 | 12,032 | 131,489 | 35,866 | -18,530 | 22,986 | 5,863 | 1,317 |
| Aug 2021 | Aug 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 686,192 | 560,538 | 180,929 | ||||||
| Depreciation | 8,825 | 7,469 | 7,148 | 5,149 | 5,757 | 4,429 | 3,869 | 2,230 | 1,359 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -28,243 | -39,590 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,073,690 | 53,718 | 33,999 | 65,202 | 61,842 | 5,954 | 1,746 | 14,549 | 606 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -80,699 | 6,941 | 21,509 | 52,249 |
| Accruals and Deferred Income | 197,435 | -214,591 | 323,896 | 33,549 | 156 | 35,627 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,501 | 1,852 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -210,982 | 261,960 | 477,974 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -21,788 | -3,406 | -49,806 | 0 | 25,000 | 50,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 39 | 418 | 291 | ||||||
| cash flow from financing | -21,749 | -62,988 | -350,192 | ||||||
| cash and cash equivalents | |||||||||
| cash | -232,828 | 174,795 | 114,932 | 67,120 | 16,871 | -43,867 | 21,268 | 11,122 | 50,243 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -232,828 | 174,795 | 114,932 | 67,120 | 16,871 | -43,867 | 21,268 | 11,122 | 50,243 |
ortoo technologies ltd Credit Report and Business Information
Ortoo Technologies Ltd Competitor Analysis
Perform a competitor analysis for ortoo technologies ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in EC1Y area or any other competitors across 12 key performance metrics.
ortoo technologies ltd Ownership
ORTOO TECHNOLOGIES LTD group structure
Ortoo Technologies Ltd has no subsidiary companies.
Ultimate parent company
2 parents
ORTOO TECHNOLOGIES LTD
08142817
ortoo technologies ltd directors
Ortoo Technologies Ltd currently has 3 directors. The longest serving directors include Mr Neil Collins (Jul 2012) and Mr Christopher Kenyon (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Collins | England | 55 years | Jul 2012 | - | Director |
| Mr Christopher Kenyon | United Kingdom | 50 years | Apr 2020 | - | Director |
| Mr Nicholas McNulty | England | 44 years | Jan 2022 | - | Director |
P&L
August 2021turnover
852.9k
-10%
operating profit
686.2k
+22%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2021net assets
1.1m
+1.39%
total assets
1.5m
+1.23%
cash
179.7k
-0.56%
net assets
Total assets minus all liabilities
ortoo technologies ltd company details
company number
08142817
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
July 2012
age
12
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
August 2021
address
8th floor hylo 103, 105 bunhill row, london, EC1Y 8LZ
accountant
-
auditor
ERNST & YOUNG LLP
ortoo technologies 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 ortoo technologies ltd.
ortoo technologies ltd Companies House Filings - See Documents
| date | description | view/download |
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