Oculus Wealth Management (chelmsford) Limited

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oculus wealth management (chelmsford) limited Company Information

Live

EstablishedMicroHealthy

Company Number

08798021

Website

www.oculuswealth.co.uk

Registered Address

1st floor, county house, 100 new london road, chelmsford, essex, CM2 0RG

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

Telephone

01423369362

Next Accounts Due

September 2025

Group Structure

View All

Directors

Matthew Sand10 Years

Gary Olds10 Years

Shareholders

matthew sand 50%

gary olds 48.1%

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oculus wealth management (chelmsford) limited Estimated Valuation

£357k

Pomanda estimates the enterprise value of OCULUS WEALTH MANAGEMENT (CHELMSFORD) LIMITED at £357k based on a Turnover of £429.7k and 0.83x industry multiple (adjusted for size and gross margin).

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Oculus Wealth Management (chelmsford) Limited is a live company located in chelmsford, CM2 0RG with a Companies House number of 08798021. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 2013, it's largest shareholder is matthew sand with a 50% stake. Oculus Wealth Management (chelmsford) Limited is a established, micro sized company, Pomanda has estimated its turnover at £429.7k with healthy growth in recent years.

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Pomanda's financial health check has awarded Oculus Wealth Management (Chelmsford) Limited a 2 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 Rating2out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £429.7k, make it smaller than the average company (£5.2m)

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.5%)

EXPORT

Oculus Wealth Management (Chelmsford) Limited's latest turnover from December 2023 is estimated at £429.7 thousand and the company has net assets of £122.7 thousand. According to their latest financial statements, Oculus Wealth Management (Chelmsford) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Turnover	429,737	369,261	359,159	318,419	302,259	347,797	294,560	239,093	160,815	117,397
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	347,064	291,330	277,661	238,816	223,469	248,448	203,650	167,404	111,499	84,473
Gross Profit	82,673	77,932	81,497	79,602	78,789	99,349	90,910	71,689	49,316	32,924
Admin Expenses	72,550	69,320	62,133	61,665	92,017	80,700	73,020	35,393	33,652	8,069
Operating Profit	10,123	8,612	19,364	17,937	-13,228	18,649	17,890	36,296	15,664	24,855
Interest Payable	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	85	255	85
Pre-Tax Profit	10,123	8,612	19,364	17,937	-13,228	18,649	17,890	36,381	15,919	24,939
Tax	-2,531	-1,636	-3,679	-3,408	0	-3,543	-3,399	-7,276	-3,184	-5,237
Profit After Tax	7,592	6,976	15,685	14,529	-13,228	15,106	14,491	29,105	12,735	19,702
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	7,592	6,976	15,685	14,529	-13,228	15,106	14,491	29,105	12,735	19,702
Employee Costs	251,684	238,006	229,941	225,696	221,651	217,003	208,199	67,339	63,774	61,198
Number Of Employees	3	3	3	3	3	3	3	1	1	1
EBITDA*	10,123	8,612	19,364	17,937	-13,228	18,649	17,890	36,296	15,827	24,855

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Tangible Assets	1,737	2,691	3,646	1,330	1,601	1,387	1,827	1,952	365	528
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,737	2,691	3,646	1,330	1,601	1,387	1,827	1,952	365	528
Stock & work in progress	0	0	0	0	0	0	0	0	0	0
Trade Debtors	163,760	136,776	132,609	110,118	102,088	136,641	108,013	92,985	59,912	43,703
Group Debtors	0	0	0	0	0	0	0	0	0	0
Misc Debtors	81,124	82,138	88,531	81,325	69,912	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	68,192	33,871
misc current assets	0	0	0	0	0	59,735	61,670	59,147	0	0
total current assets	244,884	218,914	221,140	191,443	172,000	196,376	169,683	152,132	128,104	77,574
total assets	246,621	221,605	224,786	192,773	173,601	197,763	171,510	154,084	128,469	78,102
Bank overdraft	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	116,576	99,699	109,421	88,112	87,738	95,095	88,744	74,468	95,855	57,423
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	767
other short term finances	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0
total current liabilities	116,576	99,699	109,421	88,112	87,738	95,095	88,744	74,468	95,855	58,190
loans	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	7,352	6,805	7,240	12,221	7,952	11,529	6,733	18,074	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	73	106
total long term liabilities	7,352	6,805	7,240	12,221	7,952	11,529	6,733	18,074	73	106
total liabilities	123,928	106,504	116,661	100,333	95,690	106,624	95,477	92,542	95,928	58,296
net assets	122,693	115,101	108,125	92,440	77,911	91,139	76,033	61,542	32,541	19,806
total shareholders funds	122,693	115,101	108,125	92,440	77,911	91,139	76,033	61,542	32,541	19,806

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Operating Activities
Operating Profit	10,123	8,612	19,364	17,937	-13,228	18,649	17,890	36,296	15,664	24,855
Depreciation	0	0	0	0	0	0	0	0	163	0
Amortisation	0	0	0	0	0	0	0	0	0	0
Tax	-2,531	-1,636	-3,679	-3,408	0	-3,543	-3,399	-7,276	-3,184	-5,237
Stock	0	0	0	0	0	0	0	0	0	0
Debtors	25,970	-2,226	29,697	19,443	35,359	28,628	15,028	33,073	16,209	43,703
Creditors	16,877	-9,722	21,309	374	-7,357	6,351	14,276	-21,387	38,432	57,423
Accruals and Deferred Income	547	-435	-4,981	4,269	-3,577	4,796	-11,341	18,074	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	-73	-33	106
Cash flow from operations	-954	-955	2,316	-271	-59,521	-2,375	2,398	-7,439	34,833	33,444
Investing Activities
capital expenditure	954	955	-2,316	271	-214	440	125	-1,587	0	-528
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	954	955	-2,316	271	-214	440	125	-1,587	0	-528
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	-767	767
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	-104	0	104
interest	0	0	0	0	0	0	0	85	255	85
cash flow from financing	0	0	0	0	0	0	0	-19	-512	956
cash and cash equivalents
cash	0	0	0	0	0	0	0	-68,192	34,321	33,871
overdraft	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-68,192	34,321	33,871

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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OCULUS WEALTH MANAGEMENT (CHELMSFORD) LIMITED group structure

Oculus Wealth Management (Chelmsford) Limited has no subsidiary companies.

Ultimate parent company

OCULUS WEALTH MANAGEMENT (CHELMSFORD) LIMITED

08798021

OCULUS WEALTH MANAGEMENT (CHELMSFORD) LIMITED Shareholders

matthew sand	50%
gary olds	48.08%
amy sand	0.96%
margaret argent	0.96%

Oculus Wealth Management (Chelmsford) Limited currently has 2 directors. The longest serving directors include Mr Matthew Sand (Dec 2013) and Mr Gary Olds (Dec 2013).

officer	country	age	start	end	role
Mr Matthew Sand	England	53 years	Dec 2013	-	Director
Mr Gary Olds	England	61 years	Dec 2013	-	Director

P&L

December 2023

turnover

429.7k

+16%

operating profit

10.1k

gross margin

19.3%

-8.84%

turnover

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

Balance Sheet

December 2023

net assets

122.7k

+0.07%

total assets

246.6k

+0.11%

cash

net assets

Total assets minus all liabilities

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company number

08798021

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

December 2013

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

1st floor, county house, 100 new london road, chelmsford, essex, CM2 0RG

last accounts submitted

December 2023

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 oculus wealth management (chelmsford) limited.

oculus wealth management (chelmsford) limited Company Information

oculus wealth management (chelmsford) limited Estimated Valuation

oculus wealth management (chelmsford) limited Estimated Valuation

oculus wealth management (chelmsford) limited Estimated Valuation

Oculus Wealth Management (chelmsford) Limited Overview

Oculus Wealth Management (chelmsford) Limited Health Check

OCULUS WEALTH MANAGEMENT (CHELMSFORD) LIMITED financials

oculus wealth management (chelmsford) limited Credit Report and Business Information

Oculus Wealth Management (chelmsford) Limited Competitor Analysis

oculus wealth management (chelmsford) limited Ownership

oculus wealth management (chelmsford) limited directors

oculus wealth management (chelmsford) limited company details

oculus wealth management (chelmsford) limited Charges & Mortgages

oculus wealth management (chelmsford) limited Companies House Filings - See Documents