omega cloud accounting limited

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omega cloud accounting limited Company Information

Share OMEGA CLOUD ACCOUNTING LIMITED
Dissolved 

Company Number

08170663

Website

-

Registered Address

unit 10 80 lytham road, fulwood, preston, PR2 3AQ

Industry

Accounting, and auditing activities

 

Telephone

-

Next Accounts Due

October 2024

Group Structure

View All

Directors

John May12 Years

Shareholders

john stephen may 100%

omega cloud accounting limited Estimated Valuation

£10.1k

Pomanda estimates the enterprise value of OMEGA CLOUD ACCOUNTING LIMITED at £10.1k based on a Turnover of £14.5k and 0.7x industry multiple (adjusted for size and gross margin).

omega cloud accounting limited Estimated Valuation

£3.2k

Pomanda estimates the enterprise value of OMEGA CLOUD ACCOUNTING LIMITED at £3.2k based on an EBITDA of £823 and a 3.94x industry multiple (adjusted for size and gross margin).

omega cloud accounting limited Estimated Valuation

£2.4k

Pomanda estimates the enterprise value of OMEGA CLOUD ACCOUNTING LIMITED at £2.4k based on Net Assets of £799 and 3.03x industry multiple (adjusted for liquidity).

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Omega Cloud Accounting Limited Overview

Omega Cloud Accounting Limited is a dissolved company that was located in preston, PR2 3AQ with a Companies House number of 08170663. It operated in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2012, it's largest shareholder was john stephen may with a 100% stake. The last turnover for Omega Cloud Accounting Limited was estimated at £14.5k.

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Omega Cloud Accounting Limited Health Check

Pomanda's financial health check has awarded Omega Cloud Accounting Limited a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £14.5k, make it smaller than the average company (£100.3k)

£14.5k - Omega Cloud Accounting Limited

£100.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5.5%)

-15% - Omega Cloud Accounting Limited

5.5% - Industry AVG

production

Production

with a gross margin of 51%, this company has a higher cost of product (87%)

51% - Omega Cloud Accounting Limited

87% - Industry AVG

profitability

Profitability

an operating margin of 5.7% make it less profitable than the average company (18.8%)

5.7% - Omega Cloud Accounting Limited

18.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Omega Cloud Accounting Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)

£19.8k - Omega Cloud Accounting Limited

£19.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £14.5k, this is less efficient (£65.2k)

£14.5k - Omega Cloud Accounting Limited

£65.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is earlier than average (88 days)

31 days - Omega Cloud Accounting Limited

88 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (34 days)

23 days - Omega Cloud Accounting Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Omega Cloud Accounting Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Omega Cloud Accounting Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.9%, this is a lower level of debt than the average (57.4%)

35.9% - Omega Cloud Accounting Limited

57.4% - Industry AVG

OMEGA CLOUD ACCOUNTING LIMITED financials

EXPORTms excel logo

Omega Cloud Accounting Limited's latest turnover from February 2020 is estimated at £14.5 thousand and the company has net assets of £799. According to their latest financial statements, Omega Cloud Accounting Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013
Turnover14,46914,23526,93023,9176266,2701,848478
Other Income Or Grants00000000
Cost Of Sales7,0857,26712,0538,8072812,970749177
Gross Profit7,3846,96814,87715,1103453,2991,099301
Admin Expenses6,5616,83814,87215,5211,1182,7001,895-1,627
Operating Profit8231305-411-773599-7961,928
Interest Payable00000000
Interest Receivable0003617143
Pre-Tax Profit8231305-408-767616-7821,931
Tax-156-25-100-1230-444
Profit After Tax6671054-408-767493-7821,487
Dividends Paid00000000
Retained Profit6671054-408-767493-7821,487
Employee Costs19,80024,23448,21544,09830,12131,62930,33928,350
Number Of Employees11221111
EBITDA*8231305-4116271,9996041,928

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013
Tangible Assets0001,3990006,999
Intangible Assets00002,7994,1995,5990
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets0001,3992,7994,1995,5996,999
Stock & work in progress00000000
Trade Debtors1,2461,0222,0272,4292121,934428112
Group Debtors00000000
Misc Debtors00000000
Cash00002,0692,4174,3001,194
misc current assets0020500000
total current assets1,2461,0222,2322,4292,2814,3514,7281,306
total assets1,2461,0222,2323,8285,0808,55010,3278,305
Bank overdraft00000000
Bank loan00000000
Trade Creditors 4476552,2053,8054,6487,3519,6216,817
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities4476552,2053,8054,6487,3519,6216,817
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income0235000000
other liabilities00000000
provisions00000000
total long term liabilities0235000000
total liabilities4478902,2053,8054,6487,3519,6216,817
net assets79913227234321,1997061,488
total shareholders funds79913227234321,1997061,488
Feb 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013
Operating Activities
Operating Profit8231305-411-773599-7961,928
Depreciation00000000
Amortisation00001,4001,4001,4000
Tax-156-25-100-1230-444
Stock00000000
Debtors224-1,005-4022,217-1,7221,506316112
Creditors-208-1,550-1,600-843-2,703-2,2702,8046,817
Accruals and Deferred Income-235235000000
Deferred Taxes & Provisions00000000
Cash flow from operations0-205-1,194-3,471-354-1,9003,0928,189
Investing Activities
capital expenditure001,3991,400000-6,999
Change in Investments00000000
cash flow from investments001,3991,400000-6,999
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue000-10001
interest0003617143
cash flow from financing0002617144
cash and cash equivalents
cash000-2,069-348-1,8833,1061,194
overdraft00000000
change in cash000-2,069-348-1,8833,1061,194

omega cloud accounting 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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Omega Cloud Accounting Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for omega cloud accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in PR2 area or any other competitors across 12 key performance metrics.

omega cloud accounting limited Ownership

OMEGA CLOUD ACCOUNTING LIMITED group structure

Omega Cloud Accounting Limited has no subsidiary companies.

Ultimate parent company

OMEGA CLOUD ACCOUNTING LIMITED

08170663

OMEGA CLOUD ACCOUNTING LIMITED Shareholders

john stephen may 100%

omega cloud accounting limited directors

Omega Cloud Accounting Limited currently has 1 director, Mr John May serving since Aug 2012.

officercountryagestartendrole
Mr John May73 years Aug 2012- Director

P&L

February 2020

turnover

14.5k

+2%

operating profit

823.5

0%

gross margin

51.1%

+4.27%

turnover

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

Balance Sheet

February 2020

net assets

799

+5.05%

total assets

1.2k

+0.22%

cash

0

0%

net assets

Total assets minus all liabilities

omega cloud accounting limited company details

company number

08170663

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

August 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2020

previous names

N/A

accountant

-

auditor

-

address

unit 10 80 lytham road, fulwood, preston, PR2 3AQ

Bank

-

Legal Advisor

-

omega cloud accounting 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 omega cloud accounting limited.

charges

omega cloud accounting limited Companies House Filings - See Documents

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