Pomanda estimates the enterprise value of OPENSEARCH LIMITED at £29.6k based on a Turnover of £85.2k and 0.35x industry multiple (adjusted for size and gross margin).
opensearch limitedEstimated Valuation
£3.4k
Pomanda estimates the enterprise value of OPENSEARCH LIMITED at £3.4k based on an EBITDA of £1.6k and a 2.18x industry multiple (adjusted for size and gross margin).
opensearch limitedEstimated Valuation
£75.2k
Pomanda estimates the enterprise value of OPENSEARCH LIMITED at £75.2k based on Net Assets of £29.2k and 2.57x industry multiple (adjusted for liquidity).
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Opensearch LimitedOverview
Opensearch Limited is a live company located in nottinghamshire, NG17 1DH with a Companies House number of 08337692. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in December 2012, it's largest shareholder is
matthew steven slade
with a 25% stake. Opensearch Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£85.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Opensearch Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £85.2k, make it smaller than the average company (£1.4m)
£85.2k - Opensearch Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (4.9%)
-23% - Opensearch Limited
4.9% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (42.8%)
13.6% - Opensearch Limited
42.8% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (3.5%)
1.8% - Opensearch Limited
3.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Opensearch Limited
13 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
£38.5k - Opensearch Limited
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £85.2k, this is equally as efficient (£93.7k)
£85.2k - Opensearch Limited
£93.7k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (30 days)
150 days - Opensearch Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (27 days)
66 days - Opensearch Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Opensearch Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Opensearch Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.4%, this is a lower level of debt than the average (52.3%)
31.4% - Opensearch Limited
52.3% - Industry AVG
OPENSEARCH LIMITED financials
EXPORT
Opensearch Limited's latest turnover from April 2023 is estimated at £85.2 thousand and the company has net assets of £29.2 thousand. According to their latest financial statements, Opensearch Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Turnover
85,234
117,527
166,110
190,355
332,881
212,431
168,032
155,409
205,272
188,026
Other Income Or Grants
Cost Of Sales
73,665
98,604
143,641
158,384
281,842
173,732
130,116
128,483
170,713
160,060
Gross Profit
11,569
18,923
22,468
31,971
51,039
38,700
37,916
26,926
34,559
27,966
Admin Expenses
10,004
40,903
39,877
45,398
17,950
26,212
45,272
39,390
7,704
-24,948
Operating Profit
1,565
-21,980
-17,409
-13,427
33,089
12,488
-7,356
-12,464
26,855
52,914
Interest Payable
Interest Receivable
24
193
223
79
Pre-Tax Profit
1,565
-21,980
-17,409
-13,427
33,089
12,488
-7,332
-12,271
27,078
52,992
Tax
-391
-6,287
-2,373
-5,415
-11,128
Profit After Tax
1,174
-21,980
-17,409
-13,427
26,802
10,115
-7,332
-12,271
21,662
41,864
Dividends Paid
Retained Profit
1,174
-21,980
-17,409
-13,427
26,802
10,115
-7,332
-12,271
21,662
41,864
Employee Costs
38,481
77,180
77,713
73,200
78,585
75,149
37,585
37,194
72,784
34,430
Number Of Employees
1
2
2
2
2
2
1
1
2
1
EBITDA*
1,565
-21,980
-17,409
-13,427
33,089
12,488
-7,356
-10,845
28,475
54,527
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Tangible Assets
7,330
8,797
10,264
11,731
13,198
14,665
16,139
160
312
465
Intangible Assets
17,599
19,066
20,533
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,330
8,797
10,264
11,731
13,198
14,665
16,139
17,759
19,378
20,998
Stock & work in progress
Trade Debtors
35,200
38,252
65,024
73,429
92,782
57,886
46,950
39,417
33,502
34,038
Group Debtors
Misc Debtors
Cash
19,447
57,792
31,404
misc current assets
total current assets
35,200
38,252
65,024
73,429
92,782
57,886
46,950
58,864
91,294
65,442
total assets
42,530
47,049
75,288
85,160
105,980
72,551
63,089
76,623
110,672
86,440
Bank overdraft
Bank loan
Trade Creditors
13,332
19,025
25,284
17,747
25,140
18,513
19,166
25,364
47,142
44,572
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
13,332
19,025
25,284
17,747
25,140
18,513
19,166
25,364
47,142
44,572
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
13,332
19,025
25,284
17,747
25,140
18,513
19,166
25,364
47,142
44,572
net assets
29,198
28,024
50,004
67,413
80,840
54,038
43,923
51,259
63,530
41,868
total shareholders funds
29,198
28,024
50,004
67,413
80,840
54,038
43,923
51,259
63,530
41,868
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Operating Activities
Operating Profit
1,565
-21,980
-17,409
-13,427
33,089
12,488
-7,356
-12,464
26,855
52,914
Depreciation
152
153
146
Amortisation
1,467
1,467
1,467
Tax
-391
-6,287
-2,373
-5,415
-11,128
Stock
Debtors
-3,052
-26,772
-8,405
-19,353
34,896
10,936
7,533
5,915
-536
34,038
Creditors
-5,693
-6,259
7,537
-7,393
6,627
-653
-6,198
-21,778
2,570
44,572
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-1,467
-1,467
-1,467
-1,467
-1,467
-1,474
-21,087
-38,538
26,166
53,933
Investing Activities
capital expenditure
1,467
1,467
1,467
1,467
1,467
1,474
1,620
-22,611
Change in Investments
cash flow from investments
1,467
1,467
1,467
1,467
1,467
1,474
1,620
-22,611
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-4
4
interest
24
193
223
79
cash flow from financing
20
193
223
83
cash and cash equivalents
cash
-19,447
-38,345
26,388
31,404
overdraft
change in cash
-19,447
-38,345
26,388
31,404
opensearch limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for opensearch limited. Get real-time insights into opensearch limited's credit score, group structure and payment trends.
Perform a competitor analysis for opensearch limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NG17 area or any other competitors across 12 key performance metrics.
opensearch limited Ownership
OPENSEARCH LIMITED group structure
Opensearch Limited has no subsidiary companies.
Ultimate parent company
OPENSEARCH LIMITED
08337692
OPENSEARCH LIMITED Shareholders
The largest shareholders in Opensearch Limited include Matthew Steven Slade and S. Slade.
matthew steven slade
25%
s. slade
25%
mark anthony slade
25%
s.l. slade
25%
opensearch limited directors
Opensearch Limited currently has 2 directors.
The longest serving directors include
Mr Mark Slade (Dec 2012) and
Mr Matthew Slade (Dec 2012).
82110 - Combined office administrative service activities
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
1 low street, sutton in ashfield, nottinghamshire, NG17 1DH
Bank
-
Legal Advisor
-
opensearch 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 opensearch limited.
opensearch 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.
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opensearch limitedCompanies House Filings - See Documents
