ollie solman limited

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ollie solman limited Company Information

Share OLLIE SOLMAN LIMITED

Company Number

08431411

Directors

Oliver Solman

Shareholders

oliver solman

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 +1

Registered Address

2 tolherst court, turkey mill business park, maidstone, ME14 5SF

ollie solman limited Estimated Valuation

£139.1k

Pomanda estimates the enterprise value of OLLIE SOLMAN LIMITED at £139.1k based on a Turnover of £282.8k and 0.49x industry multiple (adjusted for size and gross margin).

ollie solman limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OLLIE SOLMAN LIMITED at £0 based on an EBITDA of £-11.7k and a 3.44x industry multiple (adjusted for size and gross margin).

ollie solman limited Estimated Valuation

£22.6k

Pomanda estimates the enterprise value of OLLIE SOLMAN LIMITED at £22.6k based on Net Assets of £9.9k and 2.27x industry multiple (adjusted for liquidity).

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Ollie Solman Limited Overview

Ollie Solman Limited is a live company located in maidstone, ME14 5SF with a Companies House number of 08431411. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2013, it's largest shareholder is oliver solman with a 100% stake. Ollie Solman Limited is a established, micro sized company, Pomanda has estimated its turnover at £282.8k with declining growth in recent years.

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Ollie Solman Limited Health Check

Pomanda's financial health check has awarded Ollie Solman 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 £282.8k, make it smaller than the average company (£4.6m)

£282.8k - Ollie Solman Limited

£4.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.8%)

-3% - Ollie Solman Limited

8.8% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a higher cost of product (47.2%)

24.2% - Ollie Solman Limited

47.2% - Industry AVG

profitability

Profitability

an operating margin of -4.1% make it less profitable than the average company (4.7%)

-4.1% - Ollie Solman Limited

4.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (30)

1 - Ollie Solman Limited

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.4k, the company has an equivalent pay structure (£60.4k)

£60.4k - Ollie Solman Limited

£60.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £282.8k, this is more efficient (£144.3k)

£282.8k - Ollie Solman Limited

£144.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 142 days, this is later than average (53 days)

142 days - Ollie Solman Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 166 days, this is slower than average (33 days)

166 days - Ollie Solman Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ollie Solman Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ollie Solman Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (57.2%)

91% - Ollie Solman Limited

57.2% - Industry AVG

OLLIE SOLMAN LIMITED financials

EXPORTms excel logo

Ollie Solman Limited's latest turnover from March 2024 is estimated at £282.8 thousand and the company has net assets of £9.9 thousand. According to their latest financial statements, Ollie Solman Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover282,803292,487328,582313,841383,954390,129215,026375,724124,143137,54543,696
Other Income Or Grants
Cost Of Sales214,496220,799249,622239,826288,432290,957158,157272,02089,12898,69331,151
Gross Profit68,30771,68878,95974,01595,52299,17256,869103,70535,01538,85212,544
Admin Expenses80,04980,521102,755119,57573,37065,44977,85396,9076,828-11,3203,040
Operating Profit-11,742-8,833-23,796-45,56022,15233,723-20,9846,79828,18750,1729,504
Interest Payable
Interest Receivable13543721447
Pre-Tax Profit-11,742-8,833-23,796-45,56022,15233,723-20,9846,93328,62450,3869,551
Tax-4,209-6,407-1,386-5,725-10,581-2,197
Profit After Tax-11,742-8,833-23,796-45,56017,94327,316-20,9845,54622,89939,8057,354
Dividends Paid
Retained Profit-11,742-8,833-23,796-45,56017,94327,316-20,9845,54622,89939,8057,354
Employee Costs60,38658,37655,42652,53550,821102,97649,37696,19647,25047,20746,059
Number Of Employees11111212111
EBITDA*-11,742-8,833-23,796-45,56022,15233,723-20,9846,79828,28250,2679,599

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets2916701,2351,0014466069711,04797192287
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2916701,2351,0014466069711,04797192287
Stock & work in progress
Trade Debtors110,416121,520139,073134,795173,159128,35073,168117,13628,31233,5939,990
Group Debtors
Misc Debtors
Cash107,75967,05618,724
misc current assets
total current assets110,416121,520139,073134,795173,159128,35073,168117,136136,071100,64928,714
total assets110,707122,190140,308135,796173,605128,95674,139118,183136,168100,84129,001
Bank overdraft
Bank loan
Trade Creditors 97,69197,640108,35580,04770,99645,64016,81941,22966,10953,68121,646
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities97,69197,640108,35580,04770,99645,64016,81941,22966,10953,68121,646
loans
hp & lease commitments
Accruals and Deferred Income3,0682,8601,4301,4302,7301,3802,7001,350
other liabilities
provisions
total long term liabilities3,0682,8601,4301,4302,7301,3802,7001,350
total liabilities100,759100,500109,78581,47773,72647,02019,51942,57966,10953,68121,646
net assets9,94821,69030,52354,31999,87981,93654,62075,60470,05947,1607,355
total shareholders funds9,94821,69030,52354,31999,87981,93654,62075,60470,05947,1607,355
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit-11,742-8,833-23,796-45,56022,15233,723-20,9846,79828,18750,1729,504
Depreciation959595
Amortisation
Tax-4,209-6,407-1,386-5,725-10,581-2,197
Stock
Debtors-11,104-17,5534,278-38,36444,80955,182-43,96888,824-5,28123,6039,990
Creditors51-10,71528,3089,05125,35628,821-24,410-24,88012,42832,03521,646
Accruals and Deferred Income2081,430-1,3001,350-1,3201,3501,350
Deferred Taxes & Provisions
Cash flow from operations-379-565234555-160-365-76-106,94240,26648,11819,058
Investing Activities
capital expenditure379565-234-55516036576-950-382
Change in Investments
cash flow from investments379565-234-55516036576-950-382
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-11
interest13543721447
cash flow from financing13443721448
cash and cash equivalents
cash-107,75940,70348,33218,724
overdraft
change in cash-107,75940,70348,33218,724

ollie solman 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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Ollie Solman Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ollie solman limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in ME14 area or any other competitors across 12 key performance metrics.

ollie solman limited Ownership

OLLIE SOLMAN LIMITED group structure

Ollie Solman Limited has no subsidiary companies.

Ultimate parent company

OLLIE SOLMAN LIMITED

08431411

OLLIE SOLMAN LIMITED Shareholders

oliver solman 100%

ollie solman limited directors

Ollie Solman Limited currently has 1 director, Mr Oliver Solman serving since Mar 2013.

officercountryagestartendrole
Mr Oliver SolmanEngland57 years Mar 2013- Director

P&L

March 2024

turnover

282.8k

-3%

operating profit

-11.7k

0%

gross margin

24.2%

-1.45%

turnover

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

Balance Sheet

March 2024

net assets

9.9k

-0.54%

total assets

110.7k

-0.09%

cash

0

0%

net assets

Total assets minus all liabilities

ollie solman limited company details

company number

08431411

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

62090 - Other information technology and computer service activities

incorporation date

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

2 tolherst court, turkey mill business park, maidstone, ME14 5SF

Bank

-

Legal Advisor

-

ollie solman 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 ollie solman limited.

ollie solman 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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ollie solman limited Companies House Filings - See Documents

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