oakley coachbuilders limited
oakley coachbuilders limited Company Information
Company Number
09073116
Website
www.oakleyhorseboxes.co.ukRegistered Address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Industry
Manufacture of bodies (coachwork) for motor vehicles (except caravans)
Telephone
01920466781
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
brian charles oakley 100%
oakley coachbuilders limited Estimated Valuation
Pomanda estimates the enterprise value of OAKLEY COACHBUILDERS LIMITED at £5.8m based on a Turnover of £21.9m and 0.27x industry multiple (adjusted for size and gross margin).
oakley coachbuilders limited Estimated Valuation
Pomanda estimates the enterprise value of OAKLEY COACHBUILDERS LIMITED at £1.5m based on an EBITDA of £541k and a 2.8x industry multiple (adjusted for size and gross margin).
oakley coachbuilders limited Estimated Valuation
Pomanda estimates the enterprise value of OAKLEY COACHBUILDERS LIMITED at £3.4m based on Net Assets of £1.8m and 1.85x industry multiple (adjusted for liquidity).
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Oakley Coachbuilders Limited Overview
Oakley Coachbuilders Limited is a live company located in woodford green, IG8 8HD with a Companies House number of 09073116. It operates in the manufacture of bodies (coachwork) for motor vehicles (except caravans) sector, SIC Code 29201. Founded in June 2014, it's largest shareholder is brian charles oakley with a 100% stake. Oakley Coachbuilders Limited is a established, large sized company, Pomanda has estimated its turnover at £21.9m with healthy growth in recent years.
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Oakley Coachbuilders Limited Health Check
Pomanda's financial health check has awarded Oakley Coachbuilders Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £21.9m, make it larger than the average company (£14.8m)
£21.9m - Oakley Coachbuilders Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (0.1%)
9% - Oakley Coachbuilders Limited
0.1% - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (18.7%)
10.5% - Oakley Coachbuilders Limited
18.7% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (2.8%)
1.4% - Oakley Coachbuilders Limited
2.8% - Industry AVG
Employees
with 85 employees, this is similar to the industry average (85)
85 - Oakley Coachbuilders Limited
85 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has a higher pay structure (£35.1k)
£42.6k - Oakley Coachbuilders Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £257.5k, this is more efficient (£162.7k)
£257.5k - Oakley Coachbuilders Limited
£162.7k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (38 days)
9 days - Oakley Coachbuilders Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (51 days)
24 days - Oakley Coachbuilders Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is in line with average (73 days)
71 days - Oakley Coachbuilders Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (7 weeks)
16 weeks - Oakley Coachbuilders Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (65.5%)
74.6% - Oakley Coachbuilders Limited
65.5% - Industry AVG
OAKLEY COACHBUILDERS LIMITED financials
Oakley Coachbuilders Limited's latest turnover from March 2023 is £21.9 million and the company has net assets of £1.8 million. According to their latest financial statements, Oakley Coachbuilders Limited has 85 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,886,133 | 19,885,273 | 16,654,731 | 16,747,570 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 19,585,144 | 17,305,745 | 15,461,206 | 14,665,003 | |||||
| Gross Profit | 2,300,989 | 2,579,528 | 1,193,525 | 2,082,567 | |||||
| Admin Expenses | 1,998,821 | 1,929,192 | 1,595,995 | 1,738,839 | |||||
| Operating Profit | 302,168 | 650,336 | -402,470 | 343,728 | |||||
| Interest Payable | 51,246 | 36,248 | 53,780 | 33,029 | |||||
| Interest Receivable | 3,096 | 66 | 176 | 271 | |||||
| Pre-Tax Profit | 254,018 | 614,154 | -456,074 | 310,970 | |||||
| Tax | -81,920 | 34,656 | 142,953 | 108,971 | |||||
| Profit After Tax | 172,098 | 648,810 | -313,121 | 419,941 | |||||
| Dividends Paid | 2,000 | 2,000 | 2,000 | 2,000 | |||||
| Retained Profit | 170,098 | 646,810 | -315,121 | 417,941 | |||||
| Employee Costs | 3,617,906 | 3,344,148 | 3,227,046 | 3,388,286 | |||||
| Number Of Employees | 85 | 85 | 87 | 92 | 84 | 80 | 80 | 80 | |
| EBITDA* | 541,049 | 876,689 | -156,964 | 554,066 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 301,055 | 294,134 | 280,488 | 231,267 | 230,093 | 0 | 0 | 0 | 0 |
| Intangible Assets | 791,174 | 949,409 | 1,107,644 | 1,265,879 | 1,871,453 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,092,229 | 1,243,543 | 1,388,132 | 1,497,146 | 2,101,546 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 3,834,814 | 2,463,748 | 1,920,092 | 1,645,594 | 1,246,449 | 0 | 0 | 0 | 0 |
| Trade Debtors | 564,462 | 530,930 | 316,639 | 87,075 | 326,357 | 1,122,004 | 831,407 | 519,435 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 108,884 | 138,623 | 391,451 | 181,278 | 0 | 0 | 0 | 65,947 | 0 |
| Cash | 1,535,980 | 2,372,116 | 1,702,411 | 1,268,196 | 1,498,093 | 34,621 | 67,447 | 78,509 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,044,140 | 5,505,417 | 4,330,593 | 3,182,143 | 3,070,899 | 1,156,625 | 898,854 | 663,891 | 0 |
| total assets | 7,136,369 | 6,748,960 | 5,718,725 | 4,679,289 | 5,172,445 | 1,156,625 | 898,854 | 663,891 | 0 |
| Bank overdraft | 0 | 0 | 0 | 972 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 249,254 | 249,254 | 249,254 | 55,336 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,337,526 | 1,261,909 | 1,377,234 | 1,138,773 | 3,944,185 | 807,572 | 108 | 0 | 0 |
| Group/Directors Accounts | 15,382 | 18,361 | 14,548 | 11,424 | 9,446 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 282,881 | 217,499 | 338,264 | 306,583 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,064,455 | 2,597,645 | 1,775,110 | 1,549,937 | 0 | 0 | 722,953 | 577,467 | 0 |
| total current liabilities | 4,949,498 | 4,344,668 | 3,754,410 | 3,063,025 | 3,953,631 | 807,572 | 723,061 | 577,467 | 0 |
| loans | 295,639 | 544,355 | 760,264 | 203,263 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 146,892 | 134,869 | 60,856 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 283,458 | 0 | 0 | 0 | 0 |
| provisions | 75,264 | 67,175 | 70,122 | 37,964 | 39,116 | 0 | 0 | 0 | 0 |
| total long term liabilities | 370,903 | 758,422 | 965,255 | 302,083 | 322,574 | 0 | 0 | 0 | 0 |
| total liabilities | 5,320,401 | 5,103,090 | 4,719,665 | 3,365,108 | 4,276,205 | 807,572 | 723,061 | 577,467 | 0 |
| net assets | 1,815,968 | 1,645,870 | 999,060 | 1,314,181 | 896,240 | 349,053 | 175,793 | 86,424 | 0 |
| total shareholders funds | 1,815,968 | 1,645,870 | 999,060 | 1,314,181 | 896,240 | 349,053 | 175,793 | 86,424 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 302,168 | 650,336 | -402,470 | 343,728 | |||||
| Depreciation | 80,646 | 68,118 | 87,271 | 52,103 | 93,261 | 0 | 0 | 0 | |
| Amortisation | 158,235 | 158,235 | 158,235 | 158,235 | 267,350 | 0 | 0 | 0 | |
| Tax | -81,920 | 34,656 | 142,953 | 108,971 | |||||
| Stock | 1,371,066 | 543,656 | 274,498 | 399,145 | 1,246,449 | 0 | 0 | 0 | 0 |
| Debtors | 3,793 | -38,537 | 439,737 | -58,004 | 326,357 | 290,597 | 246,025 | 585,382 | 0 |
| Creditors | 75,617 | -115,325 | 238,461 | -2,805,412 | 3,944,185 | 807,464 | 108 | 0 | 0 |
| Accruals and Deferred Income | 466,810 | 822,535 | 225,173 | 1,549,937 | 0 | -722,953 | 145,486 | 577,467 | 0 |
| Deferred Taxes & Provisions | 8,089 | -2,947 | 32,158 | -1,152 | 39,116 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -365,214 | 1,110,489 | -232,454 | -934,731 | |||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | |||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 193,918 | 55,336 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,979 | 3,813 | 3,124 | 1,978 | 9,446 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -248,716 | -215,909 | 557,001 | 203,263 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -81,510 | -108,742 | 105,694 | 367,439 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -283,458 | 283,458 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -48,150 | -36,182 | -53,604 | -32,758 | |||||
| cash flow from financing | -381,355 | -357,020 | 806,133 | 311,800 | |||||
| cash and cash equivalents | |||||||||
| cash | -836,136 | 669,705 | 434,215 | -229,897 | 1,498,093 | -32,826 | -11,062 | 78,509 | 0 |
| overdraft | 0 | 0 | -972 | 972 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -836,136 | 669,705 | 435,187 | -230,869 | 1,498,093 | -32,826 | -11,062 | 78,509 | 0 |
oakley coachbuilders limited Credit Report and Business Information
Oakley Coachbuilders Limited Competitor Analysis
Perform a competitor analysis for oakley coachbuilders limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
oakley coachbuilders limited Ownership
OAKLEY COACHBUILDERS LIMITED group structure
Oakley Coachbuilders Limited has no subsidiary companies.
Ultimate parent company
OAKLEY COACHBUILDERS LIMITED
09073116
oakley coachbuilders limited directors
Oakley Coachbuilders Limited currently has 2 directors. The longest serving directors include Mr Andrew Oakley (Jun 2014) and Mr Brian Oakley (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Oakley | England | 62 years | Jun 2014 | - | Director |
| Mr Brian Oakley | 91 years | Nov 2016 | - | Director |
P&L
March 2023turnover
21.9m
+10%
operating profit
302.2k
-54%
gross margin
10.6%
-18.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.8m
+0.1%
total assets
7.1m
+0.06%
cash
1.5m
-0.35%
net assets
Total assets minus all liabilities
oakley coachbuilders limited company details
company number
09073116
Type
Private limited with Share Capital
industry
29201 - Manufacture of bodies (coachwork) for motor vehicles (except caravans)
incorporation date
June 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
stopsafe limited (November 2016)
incorporated
UK
address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
last accounts submitted
March 2023
oakley coachbuilders 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 2 charges/mortgages relating to oakley coachbuilders limited. Currently there are 2 open charges and 0 have been satisfied in the past.
oakley coachbuilders limited Companies House Filings - See Documents
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