ohf 16 limited
ohf 16 limited Company Information
Company Number
08347705
Next Accounts
Sep 2025
Shareholders
octopus healthfund subco 3 limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
6th floor 33 holborn, london, EC1N 2HT
Website
www.newcarehomes.comohf 16 limited Estimated Valuation
Pomanda estimates the enterprise value of OHF 16 LIMITED at £2.5m based on a Turnover of £809.9k and 3.1x industry multiple (adjusted for size and gross margin).
ohf 16 limited Estimated Valuation
Pomanda estimates the enterprise value of OHF 16 LIMITED at £9.4m based on an EBITDA of £1.4m and a 6.64x industry multiple (adjusted for size and gross margin).
ohf 16 limited Estimated Valuation
Pomanda estimates the enterprise value of OHF 16 LIMITED at £7.9m based on Net Assets of £5m and 1.58x industry multiple (adjusted for liquidity).
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Ohf 16 Limited Overview
Ohf 16 Limited is a live company located in london, EC1N 2HT with a Companies House number of 08347705. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2013, it's largest shareholder is octopus healthfund subco 3 limited with a 100% stake. Ohf 16 Limited is a established, small sized company, Pomanda has estimated its turnover at £809.9k with high growth in recent years.
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Ohf 16 Limited Health Check
Pomanda's financial health check has awarded Ohf 16 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
2 Weak
Size
annual sales of £809.9k, make it in line with the average company (£929.3k)
£809.9k - Ohf 16 Limited
£929.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (2.8%)
16% - Ohf 16 Limited
2.8% - Industry AVG
Production
with a gross margin of 70.4%, this company has a comparable cost of product (70.4%)
70.4% - Ohf 16 Limited
70.4% - Industry AVG
Profitability
an operating margin of 175.7% make it more profitable than the average company (24%)
175.7% - Ohf 16 Limited
24% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Ohf 16 Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ohf 16 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £162k, this is equally as efficient (£186.4k)
- Ohf 16 Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 180 days, this is later than average (25 days)
180 days - Ohf 16 Limited
25 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ohf 16 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ohf 16 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Ohf 16 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.7%, this is a similar level of debt than the average (64.1%)
67.7% - Ohf 16 Limited
64.1% - Industry AVG
OHF 16 LIMITED financials
Ohf 16 Limited's latest turnover from December 2023 is £809.9 thousand and the company has net assets of £5 million. According to their latest financial statements, we estimate that Ohf 16 Limited has 5 employees and maintains cash reserves of £132 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 809,851 | 771,287 | 737,523 | 514,678 | 542,984 | ||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | 1,423,022 | 1,443,176 | 1,493,784 | 519,644 | 532,091 | ||||||
| Interest Payable | 311,141 | 321,553 | 412,766 | 218,166 | 724,827 | 1,537,660 | |||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 1,111,881 | 1,121,623 | 1,081,018 | 301,478 | -192,736 | ||||||
| Tax | -31,340 | -162,969 | -279,451 | -118,901 | -7,278 | ||||||
| Profit After Tax | 1,080,541 | 958,654 | 801,567 | 182,577 | -200,014 | ||||||
| Dividends Paid | |||||||||||
| Retained Profit | 1,080,541 | 958,654 | 801,567 | 182,577 | -200,014 | ||||||
| Employee Costs | |||||||||||
| Number Of Employees | 3 | 2 | 7 | 1 | |||||||
| EBITDA* | 1,423,022 | 1,443,176 | 1,493,784 | 519,644 | 532,091 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,332 | 8,377,933 | 2,866,885 | ||||||||
| Intangible Assets | |||||||||||
| Investments & Other | 14,990,000 | 14,270,000 | 13,478,700 | 12,618,700 | 12,541,262 | 12,541,262 | 12,541,262 | 1 | 1 | ||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 14,990,000 | 14,270,000 | 13,478,700 | 12,618,700 | 12,541,262 | 12,541,262 | 12,542,594 | 8,377,934 | 2,866,886 | ||
| Stock & work in progress | |||||||||||
| Trade Debtors | 400,562 | 184,600 | 211,633 | 122,239 | 216,975 | ||||||
| Group Debtors | 121,200 | 723,310 | 785,350 | 772,158 | 6,060 | ||||||
| Misc Debtors | 61,988 | 64,653 | 68,934 | 3,943 | 11 | 11 | 4,045 | 148,414 | |||
| Cash | 132 | 136 | 41,160 | 41,159 | 3,375 | 4,720 | 1,760 | 60,142 | 160,312 | ||
| misc current assets | |||||||||||
| total current assets | 583,882 | 249,389 | 321,727 | 167,341 | 726,696 | 790,081 | 777,963 | 214,616 | 377,287 | ||
| total assets | 15,573,882 | 14,519,389 | 13,800,427 | 12,786,041 | 13,267,958 | 13,331,343 | 13,320,557 | 8,592,550 | 3,244,173 | ||
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 50 | 1,212 | 240 | 5,083 | |||||||
| Group/Directors Accounts | 9,324,678 | 9,437,653 | 10,003,443 | 10,035,047 | 555,566 | 528,600 | 352,000 | 1,042,923 | 471,098 | ||
| other short term finances | 7,277,675 | ||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 224,098 | 168,511 | 5,332 | 40,410 | 1,506,265 | 507,445 | 457,816 | 31,705 | 8,577 | ||
| total current liabilities | 9,548,776 | 9,606,164 | 10,008,825 | 10,075,457 | 9,340,718 | 1,036,285 | 814,899 | 1,074,628 | 479,675 | ||
| loans | 1,518,134 | 8,795,809 | 8,809,842 | 7,337,699 | |||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 897,407 | 897,407 | 188,710 | ||||||||
| other liabilities | 2,766,208 | ||||||||||
| provisions | 1,001,041 | 969,701 | 806,732 | 527,281 | 408,380 | 401,102 | 431,348 | ||||
| total long term liabilities | 1,001,041 | 969,701 | 806,732 | 527,281 | 1,926,514 | 10,094,318 | 10,138,597 | 7,526,409 | 2,766,208 | ||
| total liabilities | 10,549,817 | 10,575,865 | 10,815,557 | 10,602,738 | 11,267,232 | 11,130,603 | 10,953,496 | 8,601,037 | 3,245,883 | ||
| net assets | 5,024,065 | 3,943,524 | 2,984,870 | 2,183,303 | 2,000,726 | 2,200,740 | 2,367,061 | -8,487 | -1,710 | ||
| total shareholders funds | 5,024,065 | 3,943,524 | 2,984,870 | 2,183,303 | 2,000,726 | 2,200,740 | 2,367,061 | -8,487 | -1,710 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 1,423,022 | 1,443,176 | 1,493,784 | 519,644 | 532,091 | ||||||
| Depreciation | 1,332 | ||||||||||
| Amortisation | |||||||||||
| Tax | -31,340 | -162,969 | -279,451 | -118,901 | -7,278 | ||||||
| Stock | |||||||||||
| Debtors | 334,497 | -31,314 | 154,385 | -659,179 | -62,040 | 9,158 | 621,729 | -62,501 | 216,975 | ||
| Creditors | -50 | 50 | -240 | 972 | -4,843 | 5,083 | |||||
| Accruals and Deferred Income | 55,587 | 163,179 | -35,078 | -1,364,442 | 101,413 | 49,629 | 1,134,808 | 211,838 | 8,577 | ||
| Deferred Taxes & Provisions | 31,340 | 162,969 | 279,451 | 126,179 | 7,278 | -30,246 | 431,348 | ||||
| Cash flow from operations | 1,144,112 | 1,637,619 | 1,304,371 | -178,581 | 696,516 | ||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 720,000 | 791,300 | 860,000 | 77,438 | 12,541,261 | 1 | |||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -112,975 | -565,790 | -31,604 | 9,506,447 | 26,966 | 176,600 | -690,923 | 571,825 | 471,098 | ||
| Other Short Term Loans | 7,277,675 | ||||||||||
| Long term loans | -8,795,809 | -7,277,675 | -14,033 | 1,472,143 | 7,337,699 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -2,766,208 | 2,766,208 | |||||||||
| share issue | |||||||||||
| interest | -311,141 | -321,553 | -412,766 | -218,166 | -724,827 | ||||||
| cash flow from financing | -424,116 | -887,343 | -444,370 | 292,458 | -697,861 | ||||||
| cash and cash equivalents | |||||||||||
| cash | -4 | -41,024 | 1 | 36,439 | -1,345 | 2,960 | -58,382 | -100,170 | 160,312 | ||
| overdraft | |||||||||||
| change in cash | -4 | -41,024 | 1 | 36,439 | -1,345 | 2,960 | -58,382 | -100,170 | 160,312 |
ohf 16 limited Credit Report and Business Information
Ohf 16 Limited Competitor Analysis
Perform a competitor analysis for ohf 16 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC1N area or any other competitors across 12 key performance metrics.
ohf 16 limited Ownership
OHF 16 LIMITED group structure
Ohf 16 Limited has no subsidiary companies.
Ultimate parent company
OCTOPUS HEALTHCARE FUND
#0066766
OCTOPUS HEALTHFUND SUBCO 3. LTD
#0135371
2 parents
OHF 16 LIMITED
08347705
ohf 16 limited directors
Ohf 16 Limited currently has 3 directors. The longest serving directors include Mr Kevin Beirne (Sep 2020) and Mr Michael Toft (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Beirne | England | 55 years | Sep 2020 | - | Director |
| Mr Michael Toft | England | 48 years | Jun 2021 | - | Director |
| Mr Edward Clough | United Kingdom | 39 years | Feb 2023 | - | Director |
P&L
December 2023turnover
809.9k
+5%
operating profit
1.4m
-1%
gross margin
70.4%
+0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5m
+0.27%
total assets
15.6m
+0.07%
cash
132
-0.03%
net assets
Total assets minus all liabilities
ohf 16 limited company details
company number
08347705
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
new care projects (sale) limited (October 2020)
hs 590 limited (January 2014)
accountant
-
auditor
BDO LLP
address
6th floor 33 holborn, london, EC1N 2HT
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
ohf 16 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 found 5 charges/mortgages relating to ohf 16 limited. Currently there are 1 open charges and 4 have been satisfied in the past.
ohf 16 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 OHF 16 LIMITED. This can take several minutes, an email will notify you when this has completed.
ohf 16 limited Companies House Filings - See Documents
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