otcx trading limited
otcx trading limited Company Information
Company Number
09100686
Next Accounts
Mar 2025
Industry
Business and domestic software development
Shareholders
otcx uk holdings ltd
Group Structure
View All
Contact
Registered Address
49 queen victoria street, london, EC4N 4SA
Website
www.otcxtrading.comotcx trading limited Estimated Valuation
Pomanda estimates the enterprise value of OTCX TRADING LIMITED at £5.7m based on a Turnover of £5.7m and 1.01x industry multiple (adjusted for size and gross margin).
otcx trading limited Estimated Valuation
Pomanda estimates the enterprise value of OTCX TRADING LIMITED at £3.1m based on an EBITDA of £506k and a 6.03x industry multiple (adjusted for size and gross margin).
otcx trading limited Estimated Valuation
Pomanda estimates the enterprise value of OTCX TRADING LIMITED at £5.1m based on Net Assets of £2.1m and 2.37x industry multiple (adjusted for liquidity).
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Otcx Trading Limited Overview
Otcx Trading Limited is a live company located in london, EC4N 4SA with a Companies House number of 09100686. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2014, it's largest shareholder is otcx uk holdings ltd with a 100% stake. Otcx Trading Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.7m with rapid growth in recent years.
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Otcx Trading Limited Health Check
Pomanda's financial health check has awarded Otcx Trading Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £5.7m, make it larger than the average company (£3.5m)
- Otcx Trading Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (8.3%)
- Otcx Trading Limited
8.3% - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Otcx Trading Limited
72.4% - Industry AVG
Profitability
an operating margin of 7.8% make it more profitable than the average company (3.6%)
- Otcx Trading Limited
3.6% - Industry AVG
Employees
with 34 employees, this is similar to the industry average (32)
34 - Otcx Trading Limited
32 - Industry AVG
Pay Structure
on an average salary of £66.6k, the company has an equivalent pay structure (£66.6k)
- Otcx Trading Limited
£66.6k - Industry AVG
Efficiency
resulting in sales per employee of £167.1k, this is more efficient (£112.7k)
- Otcx Trading Limited
£112.7k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (61 days)
- Otcx Trading Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (45 days)
- Otcx Trading Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Otcx Trading Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (19 weeks)
27 weeks - Otcx Trading Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.5%, this is a lower level of debt than the average (61.1%)
26.5% - Otcx Trading Limited
61.1% - Industry AVG
OTCX TRADING LIMITED financials
Otcx Trading Limited's latest turnover from June 2023 is estimated at £5.7 million and the company has net assets of £2.1 million. According to their latest financial statements, Otcx Trading Limited has 34 employees and maintains cash reserves of £407.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 34 | 29 | 22 | 16 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 72,618 | 30,030 | 0 | 0 | 0 | 0 | 0 | 362,513 | 1,936 |
| Intangible Assets | 694,339 | 240,005 | 113,091 | 226,184 | 339,277 | 452,370 | 565,463 | 0 | 119,245 |
| 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 | 766,957 | 270,035 | 113,091 | 226,184 | 339,277 | 452,370 | 565,463 | 362,513 | 121,181 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,327,166 | 834,754 | 1,239,178 | 327,007 | 361,498 | 488,257 | 128,169 | 35,193 | 22,877 |
| Group Debtors | 200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 412,255 | 265,279 | 208,987 | 0 | 7,250 | 0 | 0 | 0 | 0 |
| Cash | 407,889 | 1,129,713 | 300,648 | 352,046 | 27,564 | 36,992 | 8,497 | 0 | 31,209 |
| misc current assets | 0 | 0 | 0 | 288,336 | 314,280 | 208,133 | 0 | 0 | 0 |
| total current assets | 2,147,510 | 2,229,746 | 1,748,813 | 967,389 | 710,592 | 733,382 | 136,666 | 35,193 | 54,086 |
| total assets | 2,914,467 | 2,499,781 | 1,861,904 | 1,193,573 | 1,049,869 | 1,185,752 | 702,129 | 397,706 | 175,267 |
| Bank overdraft | 0 | 91,667 | 100,000 | 200,000 | 37,915 | 101,954 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 268,690 | 239,291 | 340,502 | 90,112 | 126,399 | 205,958 | 0 | 98,150 | 24,864 |
| Group/Directors Accounts | 0 | 0 | 56,108 | 56,521 | 56,110 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 503,937 | 435,152 | 410,473 | 310,990 | 282,278 | 194,677 | 0 | 0 | 0 |
| total current liabilities | 772,627 | 766,110 | 907,083 | 657,623 | 502,702 | 502,589 | 0 | 98,150 | 24,864 |
| loans | 0 | 0 | 3,332,960 | 3,241,293 | 0 | 2,483,293 | 0 | 0 | 247,302 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 2,973,293 | 0 | 1,397,093 | 930,202 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 3,332,960 | 3,241,293 | 2,973,293 | 2,483,293 | 1,397,093 | 930,202 | 247,302 |
| total liabilities | 772,627 | 766,110 | 4,240,043 | 3,898,916 | 3,475,995 | 2,985,882 | 1,397,093 | 1,028,352 | 272,166 |
| net assets | 2,141,840 | 1,733,671 | -2,378,139 | -2,705,343 | -2,426,126 | -1,800,130 | -694,964 | -630,646 | -96,899 |
| total shareholders funds | 2,141,840 | 1,733,671 | -2,378,139 | -2,705,343 | -2,426,126 | -1,800,130 | -694,964 | -630,646 | -96,899 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 15,845 | 4,392 | 0 | 0 | 0 | 0 | 1,936 | 1,936 | |
| Amortisation | 48,328 | 113,091 | 113,093 | 113,093 | 113,093 | 113,093 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 639,588 | -348,132 | 1,121,158 | -41,741 | -119,509 | 360,088 | 92,976 | 12,316 | 22,877 |
| Creditors | 29,399 | -101,211 | 250,390 | -36,287 | -79,559 | 205,958 | -98,150 | 73,286 | 24,864 |
| Accruals and Deferred Income | 68,785 | 24,679 | 99,483 | 28,712 | 87,601 | 194,677 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -56,108 | -413 | 411 | 56,110 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -3,332,960 | 91,667 | 3,241,293 | -2,483,293 | 2,483,293 | 0 | -247,302 | 247,302 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -2,973,293 | 2,973,293 | -1,397,093 | 466,891 | 930,202 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -721,824 | 829,065 | -51,398 | 324,482 | -9,428 | 28,495 | 8,497 | -31,209 | 31,209 |
| overdraft | -91,667 | -8,333 | -100,000 | 162,085 | -64,039 | 101,954 | 0 | 0 | 0 |
| change in cash | -630,157 | 837,398 | 48,602 | 162,397 | 54,611 | -73,459 | 8,497 | -31,209 | 31,209 |
otcx trading limited Credit Report and Business Information
Otcx Trading Limited Competitor Analysis
Perform a competitor analysis for otcx trading limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
otcx trading limited Ownership
OTCX TRADING LIMITED group structure
Otcx Trading Limited has no subsidiary companies.
otcx trading limited directors
Otcx Trading Limited currently has 5 directors. The longest serving directors include Mr Paul Stones (Jun 2014) and Mr Roland Muirhead (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Stones | 48 years | Jun 2014 | - | Director | |
| Mr Roland Muirhead | 39 years | Jun 2014 | - | Director | |
| Mr Nicolas Koechlin | 52 years | Jun 2014 | - | Director | |
| Mr Robert Hayim | United Kingdom | 69 years | Jun 2022 | - | Director |
| Mr Fraser Benson | England | 45 years | Sep 2023 | - | Director |
P&L
June 2023turnover
5.7m
+49%
operating profit
441.8k
0%
gross margin
72.4%
-1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.1m
+0.24%
total assets
2.9m
+0.17%
cash
407.9k
-0.64%
net assets
Total assets minus all liabilities
otcx trading limited company details
company number
09100686
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
otcx solutions limited (July 2014)
accountant
HAYSMACINTYRE LLP
auditor
-
address
49 queen victoria street, london, EC4N 4SA
Bank
-
Legal Advisor
-
otcx trading 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 otcx trading limited.
otcx trading 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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otcx trading limited Companies House Filings - See Documents
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