omega cloud accounting limited
omega cloud accounting limited Company Information
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
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
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
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
2 Strong
1 Regular
7 Weak
Size
annual sales of £14.5k, make it smaller than the average company (£100.3k)
- Omega Cloud Accounting Limited
£100.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5.5%)
- Omega Cloud Accounting Limited
5.5% - Industry AVG
Production
with a gross margin of 51%, this company has a higher cost of product (87%)
- Omega Cloud Accounting Limited
87% - Industry AVG
Profitability
an operating margin of 5.7% make it less profitable than the average company (18.8%)
- Omega Cloud Accounting Limited
18.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Omega Cloud Accounting Limited
2 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
- Omega Cloud Accounting Limited
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £14.5k, this is less efficient (£65.2k)
- Omega Cloud Accounting Limited
£65.2k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (88 days)
- Omega Cloud Accounting Limited
88 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (34 days)
- Omega Cloud Accounting Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Omega Cloud Accounting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Omega Cloud Accounting Limited
- - Industry AVG
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
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 House, Pomanda Estimates
| Feb 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 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 | 1 | 1 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 1,399 | 0 | 0 | 0 | 6,999 |
| Intangible Assets | 0 | 0 | 0 | 0 | 2,799 | 4,199 | 5,599 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 1,399 | 2,799 | 4,199 | 5,599 | 6,999 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,246 | 1,022 | 2,027 | 2,429 | 212 | 1,934 | 428 | 112 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 2,069 | 2,417 | 4,300 | 1,194 |
| misc current assets | 0 | 0 | 205 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,246 | 1,022 | 2,232 | 2,429 | 2,281 | 4,351 | 4,728 | 1,306 |
| total assets | 1,246 | 1,022 | 2,232 | 3,828 | 5,080 | 8,550 | 10,327 | 8,305 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 447 | 655 | 2,205 | 3,805 | 4,648 | 7,351 | 9,621 | 6,817 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 447 | 655 | 2,205 | 3,805 | 4,648 | 7,351 | 9,621 | 6,817 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 235 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 235 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 447 | 890 | 2,205 | 3,805 | 4,648 | 7,351 | 9,621 | 6,817 |
| net assets | 799 | 132 | 27 | 23 | 432 | 1,199 | 706 | 1,488 |
| total shareholders funds | 799 | 132 | 27 | 23 | 432 | 1,199 | 706 | 1,488 |
| Feb 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 1,400 | 1,400 | 1,400 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 224 | -1,005 | -402 | 2,217 | -1,722 | 1,506 | 316 | 112 |
| Creditors | -208 | -1,550 | -1,600 | -843 | -2,703 | -2,270 | 2,804 | 6,817 |
| Accruals and Deferred Income | -235 | 235 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | -2,069 | -348 | -1,883 | 3,106 | 1,194 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -2,069 | -348 | -1,883 | 3,106 | 1,194 |
omega cloud accounting limited Credit Report and Business Information
Omega Cloud Accounting Limited Competitor Analysis
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 directors
Omega Cloud Accounting Limited currently has 1 director, Mr John May serving since Aug 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John May | 73 years | Aug 2012 | - | Director |
P&L
February 2020turnover
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 2020net assets
799
+5.05%
total assets
1.2k
+0.22%
cash
0
0%
net assets
Total assets minus all liabilities
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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
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.
omega cloud accounting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
