office ability ltd
office ability ltd Company Information
Company Number
08625284
Website
http://officeabilityltd.comRegistered Address
charlemont, bliss gate road, bliss gate, kidderminster, worcestershire, DY14 9YA
Industry
Retail sale via mail order houses or via Internet
Telephone
01299269214
Next Accounts Due
1977 days late
Group Structure
View All
Directors
Julie Cichocki11 Years
Shareholders
ms julie cichocki 100%
office ability ltd Estimated Valuation
Pomanda estimates the enterprise value of OFFICE ABILITY LTD at £36.6k based on a Turnover of £147.4k and 0.25x industry multiple (adjusted for size and gross margin).
office ability ltd Estimated Valuation
Pomanda estimates the enterprise value of OFFICE ABILITY LTD at £0 based on an EBITDA of £-6.3k and a 3.38x industry multiple (adjusted for size and gross margin).
office ability ltd Estimated Valuation
Pomanda estimates the enterprise value of OFFICE ABILITY LTD at £0 based on Net Assets of £-30.2k and 2.07x industry multiple (adjusted for liquidity).
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Office Ability Ltd Overview
Office Ability Ltd is a live company located in kidderminster, DY14 9YA with a Companies House number of 08625284. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in July 2013, it's largest shareholder is ms julie cichocki with a 100% stake. Office Ability Ltd is a established, micro sized company, Pomanda has estimated its turnover at £147.4k with rapid growth in recent years.
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Office Ability Ltd Health Check
Pomanda's financial health check has awarded Office Ability Ltd a 1.5 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 £147.4k, make it smaller than the average company (£390.4k)
- Office Ability Ltd
£390.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (5.2%)
- Office Ability Ltd
5.2% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (38.3%)
- Office Ability Ltd
38.3% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (3.9%)
- Office Ability Ltd
3.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (26)
3 - Office Ability Ltd
26 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has an equivalent pay structure (£28.2k)
- Office Ability Ltd
£28.2k - Industry AVG
Efficiency
resulting in sales per employee of £49.1k, this is less efficient (£182.5k)
- Office Ability Ltd
£182.5k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (23 days)
- Office Ability Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 158 days, this is slower than average (43 days)
- Office Ability Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Office Ability Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Office Ability Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 233.8%, this is a higher level of debt than the average (73.5%)
233.8% - Office Ability Ltd
73.5% - Industry AVG
OFFICE ABILITY LTD financials
Office Ability Ltd's latest turnover from July 2017 is estimated at £147.4 thousand and the company has net assets of -£30.2 thousand. According to their latest financial statements, Office Ability Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|
| Tangible Assets | 7,500 | 3,000 | 4,500 | 6,000 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,500 | 3,000 | 4,500 | 6,000 |
| Stock & work in progress | 0 | 0 | 10,910 | 8,150 |
| Trade Debtors | 15,046 | 15,835 | 17,800 | 3,250 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 401 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 15,046 | 15,835 | 28,710 | 11,801 |
| total assets | 22,546 | 18,835 | 33,210 | 17,801 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 48,564 | 41,089 | 31,026 | 17,149 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 48,564 | 41,089 | 31,026 | 17,149 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,150 | 1,650 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,150 | 1,650 | 0 | 0 |
| total liabilities | 52,714 | 42,739 | 31,026 | 17,149 |
| net assets | -30,168 | -23,904 | 2,184 | 652 |
| total shareholders funds | -30,168 | -23,904 | 2,184 | 652 |
| Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,500 | 1,500 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 0 | -10,910 | 2,760 | 8,150 |
| Debtors | -789 | -1,965 | 14,550 | 3,250 |
| Creditors | 7,475 | 10,063 | 13,877 | 17,149 |
| Accruals and Deferred Income | 2,500 | 1,650 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | -401 | 401 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -401 | 401 |
office ability ltd Credit Report and Business Information
Office Ability Ltd Competitor Analysis
Perform a competitor analysis for office ability ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DY14 area or any other competitors across 12 key performance metrics.
office ability ltd Ownership
OFFICE ABILITY LTD group structure
Office Ability Ltd has no subsidiary companies.
Ultimate parent company
OFFICE ABILITY LTD
08625284
office ability ltd directors
Office Ability Ltd currently has 1 director, Ms Julie Cichocki serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Julie Cichocki | 63 years | Jul 2013 | - | Director |
P&L
July 2017turnover
147.4k
-17%
operating profit
-6.3k
0%
gross margin
24%
-2.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2017net assets
-30.2k
+0.26%
total assets
22.5k
+0.2%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
office ability ltd company details
company number
08625284
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
July 2013
age
11
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2017
address
charlemont, bliss gate road, bliss gate, kidderminster, worcestershire, DY14 9YA
accountant
-
auditor
-
office ability ltd 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 office ability ltd.
office ability ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
