osso energy plc
osso energy plc Company Information
Company Number
09064653
Website
www.ossogas.co.ukRegistered Address
17 bevis marks 8th floor, london, EC3A 7LN
Industry
Trade of gas through mains
Telephone
44800111999
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
newpoint financial (europe) limited 76%
serhan timurlenkoglu 24%
osso energy plc Estimated Valuation
Pomanda estimates the enterprise value of OSSO ENERGY PLC at £10.7m based on a Turnover of £2.9m and 3.67x industry multiple (adjusted for size and gross margin).
osso energy plc Estimated Valuation
Pomanda estimates the enterprise value of OSSO ENERGY PLC at £7m based on an EBITDA of £606.9k and a 11.61x industry multiple (adjusted for size and gross margin).
osso energy plc Estimated Valuation
Pomanda estimates the enterprise value of OSSO ENERGY PLC at £11.7m based on Net Assets of £4.3m and 2.75x industry multiple (adjusted for liquidity).
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Osso Energy Plc Overview
Osso Energy Plc is a live company located in london, EC3A 7LN with a Companies House number of 09064653. It operates in the trade of gas through mains sector, SIC Code 35230. Founded in May 2014, it's largest shareholder is newpoint financial (europe) limited with a 76% stake. Osso Energy Plc is a established, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
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Osso Energy Plc Health Check
Pomanda's financial health check has awarded Osso Energy Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£114.2m)
£2.9m - Osso Energy Plc
£114.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 109%, show it is growing at a faster rate (18.8%)
- Osso Energy Plc
18.8% - Industry AVG
Production
with a gross margin of 51%, this company has a lower cost of product (19.3%)
51% - Osso Energy Plc
19.3% - Industry AVG
Profitability
an operating margin of 20% make it more profitable than the average company (8.5%)
20% - Osso Energy Plc
8.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (49)
2 - Osso Energy Plc
49 - Industry AVG
Pay Structure
on an average salary of £173.7k, the company has a higher pay structure (£64.7k)
£173.7k - Osso Energy Plc
£64.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is less efficient (£3.1m)
£1.5m - Osso Energy Plc
£3.1m - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (25 days)
95 days - Osso Energy Plc
25 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (3 days)
2 days - Osso Energy Plc
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Osso Energy Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 158 weeks, this is more cash available to meet short term requirements (9 weeks)
158 weeks - Osso Energy Plc
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.6%, this is a lower level of debt than the average (67.7%)
26.6% - Osso Energy Plc
67.7% - Industry AVG
OSSO ENERGY PLC financials
Osso Energy Plc's latest turnover from December 2023 is £2.9 million and the company has net assets of £4.3 million. According to their latest financial statements, Osso Energy Plc has 2 employees and maintains cash reserves of £4.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,923,562 | 1,122,216 | 109,114 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 1,433,691 | 982,824 | 56,028 | |||||||
| Gross Profit | 1,489,871 | 139,392 | 53,086 | |||||||
| Admin Expenses | 905,244 | 231,913 | 128,174 | |||||||
| Operating Profit | 584,627 | -92,521 | -75,088 | |||||||
| Interest Payable | 310,456 | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | 274,171 | -92,521 | -75,088 | |||||||
| Tax | 0 | 0 | 0 | |||||||
| Profit After Tax | 274,171 | -92,521 | -75,088 | |||||||
| Dividends Paid | 0 | 0 | 0 | |||||||
| Retained Profit | 274,171 | -92,521 | -75,088 | |||||||
| Employee Costs | 347,315 | 125,930 | 65,229 | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||||||
| EBITDA* | 606,860 | -90,503 | -69,088 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 106,790 | 51,023 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 231,721 | 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 | 338,511 | 51,023 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 2,779 | 2,779 | 0 | 0 |
| Trade Debtors | 762,629 | 0 | 0 | 1,326 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 216 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 57,281 | 51,361 | 53,948 | 51,400 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,635,709 | 4,106,995 | 6,283 | 40,248 | 897 | 975 | 1,395 | 457 | 100 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 2,222 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,455,619 | 4,158,572 | 60,231 | 92,974 | 3,119 | 975 | 4,174 | 3,236 | 100 | 0 |
| total assets | 5,794,130 | 4,209,595 | 84,231 | 92,974 | 3,119 | 975 | 4,174 | 3,236 | 100 | 0 |
| 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 | 9,670 | 9,415 | 9,981 | 2,466 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 901,664 | 119,216 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 609,102 | 164,545 | 165,650 | 154,013 | 24,620 | 4,360 | 4,435 | 2,763 | 0 | 0 |
| total current liabilities | 1,520,436 | 293,176 | 175,631 | 156,479 | 24,620 | 4,360 | 4,435 | 2,763 | 0 | 0 |
| loans | 22,632 | 47,633 | 47,193 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 22,632 | 47,633 | 47,193 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,543,068 | 340,809 | 222,824 | 156,479 | 24,620 | 4,360 | 4,435 | 2,763 | 0 | 0 |
| net assets | 4,251,062 | 3,868,786 | -138,593 | -63,505 | -21,501 | -3,385 | -261 | 473 | 100 | 0 |
| total shareholders funds | 4,251,062 | 3,868,786 | -138,593 | -63,505 | -21,501 | -3,385 | -261 | 473 | 100 | 0 |
| Dec 2023 | Dec 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 584,627 | -92,521 | -75,088 | |||||||
| Depreciation | 22,233 | 2,018 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | -2,779 | -2,779 | 0 | 2,779 | 0 | 0 |
| Debtors | 768,333 | -2,371 | 1,222 | 52,726 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 255 | -566 | 7,515 | 2,466 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 444,557 | -1,105 | 11,637 | 129,393 | 20,185 | -75 | 1,672 | 2,763 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 283,339 | -89,803 | -51,158 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | ||||||||
| Change in Investments | 231,721 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -231,721 | 0 | ||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 782,448 | 119,216 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -25,001 | 440 | 47,193 | 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 | ||||||||||
| interest | -310,456 | 0 | 0 | |||||||
| cash flow from financing | 555,096 | 4,219,556 | 47,193 | |||||||
| cash and cash equivalents | ||||||||||
| cash | 528,714 | 4,100,712 | -33,965 | 39,351 | -498 | -420 | 938 | 357 | 100 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 528,714 | 4,100,712 | -33,965 | 39,351 | -498 | -420 | 938 | 357 | 100 | 0 |
osso energy plc Credit Report and Business Information
Osso Energy Plc Competitor Analysis
Perform a competitor analysis for osso energy plc by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
osso energy plc Ownership
OSSO ENERGY PLC group structure
Osso Energy Plc has 2 subsidiary companies.
Ultimate parent company
NFG SA
#0172587
2 parents
OSSO ENERGY PLC
09064653
2 subsidiaries
osso energy plc directors
Osso Energy Plc currently has 6 directors. The longest serving directors include Mr Serhan Timurlenkoglu (Jan 2016) and Mr Keith Beekmeyer (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Serhan Timurlenkoglu | England | 39 years | Jan 2016 | - | Director |
| Mr Keith Beekmeyer | United Kingdom | 61 years | Jun 2022 | - | Director |
| Mr Andrew Bye | England | 60 years | Jun 2022 | - | Director |
| Mr Andrew Bye | England | 60 years | Jun 2022 | - | Director |
| Mr Andrew Bye | England | 60 years | Jun 2022 | - | Director |
| Mr Frankie Major | England | 40 years | Sep 2022 | - | Director |
P&L
December 2023turnover
2.9m
+161%
operating profit
584.6k
-732%
gross margin
51%
+310.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3m
+0.1%
total assets
5.8m
+0.38%
cash
4.6m
+0.13%
net assets
Total assets minus all liabilities
osso energy plc company details
company number
09064653
Type
Public limited with Share Capital
industry
35230 - Trade of gas through mains
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
osso gas limited (September 2022)
oss mobile recycling limited (September 2018)
accountant
-
auditor
SRN SONICO
address
17 bevis marks 8th floor, london, EC3A 7LN
Bank
-
Legal Advisor
-
osso energy plc 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 osso energy plc.
osso energy plc Companies House Filings - See Documents
| date | description | view/download |
|---|
