ourkom ltd
ourkom ltd Company Information
Company Number
09157486
Next Accounts
216 days late
Industry
Other telecommunications activities
Directors
Shareholders
andrew william newell
Group Structure
View All
Contact
Registered Address
pkf littlejohn advisory limited, 15 westferry circus, london, E14 4HD
Website
www.ourkom.comourkom ltd Estimated Valuation
Pomanda estimates the enterprise value of OURKOM LTD at £8.7m based on a Turnover of £14.8m and 0.59x industry multiple (adjusted for size and gross margin).
ourkom ltd Estimated Valuation
Pomanda estimates the enterprise value of OURKOM LTD at £990.8k based on an EBITDA of £360k and a 2.75x industry multiple (adjusted for size and gross margin).
ourkom ltd Estimated Valuation
Pomanda estimates the enterprise value of OURKOM LTD at £2.8m based on Net Assets of £1.1m and 2.61x industry multiple (adjusted for liquidity).
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Ourkom Ltd Overview
Ourkom Ltd is a live company located in london, E14 4HD with a Companies House number of 09157486. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in August 2014, it's largest shareholder is andrew william newell with a 100% stake. Ourkom Ltd is a established, mid sized company, Pomanda has estimated its turnover at £14.8m with rapid growth in recent years.
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Ourkom Ltd Health Check
Pomanda's financial health check has awarded Ourkom Ltd 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
1 Regular
5 Weak
Size
annual sales of £14.8m, make it larger than the average company (£11.4m)
£14.8m - Ourkom Ltd
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (2%)
56% - Ourkom Ltd
2% - Industry AVG
Production
with a gross margin of 3.8%, this company has a higher cost of product (37.5%)
3.8% - Ourkom Ltd
37.5% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.6%)
2.3% - Ourkom Ltd
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (46)
3 - Ourkom Ltd
46 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£60.7k)
£50.6k - Ourkom Ltd
£60.7k - Industry AVG
Efficiency
resulting in sales per employee of £4.9m, this is more efficient (£228.4k)
£4.9m - Ourkom Ltd
£228.4k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (39 days)
47 days - Ourkom Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (41 days)
14 days - Ourkom Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ourkom Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (11 weeks)
23 weeks - Ourkom Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55%, this is a lower level of debt than the average (67.1%)
55% - Ourkom Ltd
67.1% - Industry AVG
OURKOM LTD financials
Ourkom Ltd's latest turnover from August 2022 is £14.8 million and the company has net assets of £1.1 million. According to their latest financial statements, Ourkom Ltd has 3 employees and maintains cash reserves of £377.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 14,771,943 | 12,370,166 | 7,124,121 | 3,914,048 | 978,689 | 79,860 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 14,218,601 | 11,787,259 | 6,765,952 | 3,708,867 | 886,406 | 63,690 | ||
| Gross Profit | 553,342 | 582,907 | 358,169 | 205,181 | 92,283 | 16,170 | ||
| Admin Expenses | 211,930 | 223,357 | 143,921 | 44,964 | 8,812 | 2,887 | ||
| Operating Profit | 341,412 | 359,550 | 214,248 | 160,217 | 83,471 | 13,283 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 341,412 | 359,550 | 214,248 | 160,217 | 83,471 | 13,283 | ||
| Tax | -68,402 | -67,524 | -33,384 | -22,195 | -12,477 | -2,875 | ||
| Profit After Tax | 273,010 | 292,026 | 180,864 | 138,022 | 70,994 | 10,408 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 273,010 | 292,026 | 180,864 | 138,022 | 70,994 | 10,408 | ||
| Employee Costs | 151,697 | 134,511 | 15,287 | 720 | 520 | |||
| Number Of Employees | 3 | 3 | 5 | |||||
| EBITDA* | 360,012 | 378,150 | 232,848 | 178,817 | 89,671 | 14,683 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 66,621 | 85,221 | 103,745 | 65,200 | 21,800 | 4,000 | 5,400 | 800 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 3,206 | 0 |
| Total Fixed Assets | 66,621 | 85,221 | 103,745 | 65,200 | 21,800 | 4,000 | 8,606 | 800 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,929,954 | 2,317,646 | 321,272 | 1,088,818 | 102,057 | 2,066 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 377,727 | 755,588 | 297,926 | 48,499 | 81,970 | 14,582 | 2,069 | 1,415 |
| misc current assets | 1 | 0 | 1,358 | 156 | 0 | 0 | 0 | 0 |
| total current assets | 2,307,682 | 3,073,234 | 620,556 | 1,137,473 | 184,027 | 16,648 | 2,069 | 1,415 |
| total assets | 2,374,303 | 3,158,455 | 724,301 | 1,202,673 | 205,827 | 20,648 | 10,675 | 2,215 |
| Bank overdraft | 0 | 69,466 | 165,058 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 570,524 | 1,832,488 | 82,699 | 921,955 | 103,748 | 2,040 | 5,613 | 363 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 255,982 | 155,488 | 71,194 | 53,762 | 15,615 | 3,138 | 0 | 0 |
| total current liabilities | 826,506 | 2,057,442 | 318,951 | 975,717 | 119,363 | 5,178 | 5,613 | 363 |
| loans | 300,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 180,239 | 6,465 | 0 | 2,470 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 480,239 | 306,465 | 0 | 2,470 | 0 | 0 | 0 | 0 |
| total liabilities | 1,306,745 | 2,363,907 | 318,951 | 978,187 | 119,363 | 5,178 | 5,613 | 363 |
| net assets | 1,067,558 | 794,548 | 405,350 | 224,486 | 86,464 | 15,470 | 5,062 | 1,852 |
| total shareholders funds | 1,067,558 | 794,548 | 405,350 | 224,486 | 86,464 | 15,470 | 5,062 | 1,852 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 341,412 | 359,550 | 214,248 | 160,217 | 83,471 | 13,283 | ||
| Depreciation | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 1,400 | 1,400 | 200 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -68,402 | -67,524 | -33,384 | -22,195 | -12,477 | -2,875 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -387,692 | 1,996,374 | -767,546 | 986,761 | 99,991 | -1,140 | 3,206 | 0 |
| Creditors | -1,261,964 | 1,749,789 | -839,256 | 818,207 | 101,708 | -3,573 | 5,250 | 363 |
| Accruals and Deferred Income | 100,494 | 84,294 | 17,432 | 38,147 | 12,477 | 3,138 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -482,168 | 148,335 | 145,186 | 26,215 | 91,388 | 12,513 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 173,774 | 6,465 | -2,470 | 2,470 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 173,774 | 403,637 | -2,470 | 2,470 | 0 | 0 | ||
| cash and cash equivalents | ||||||||
| cash | -377,861 | 457,662 | 249,427 | -33,471 | 67,388 | 12,513 | 654 | 1,415 |
| overdraft | -69,466 | -95,592 | 165,058 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -308,395 | 553,254 | 84,369 | -33,471 | 67,388 | 12,513 | 654 | 1,415 |
ourkom ltd Credit Report and Business Information
Ourkom Ltd Competitor Analysis
Perform a competitor analysis for ourkom ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
ourkom ltd Ownership
OURKOM LTD group structure
Ourkom Ltd has no subsidiary companies.
Ultimate parent company
OURKOM LTD
09157486
ourkom ltd directors
Ourkom Ltd currently has 1 director, Mr Andrew Newell serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Newell | 51 years | Apr 2018 | - | Director |
P&L
August 2022turnover
14.8m
+19%
operating profit
341.4k
-5%
gross margin
3.8%
-20.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
1.1m
+0.34%
total assets
2.4m
-0.25%
cash
377.7k
-0.5%
net assets
Total assets minus all liabilities
ourkom ltd company details
company number
09157486
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2022
previous names
N/A
accountant
-
auditor
-
address
pkf littlejohn advisory limited, 15 westferry circus, london, E14 4HD
Bank
-
Legal Advisor
-
ourkom 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 found 1 charges/mortgages relating to ourkom ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
ourkom ltd 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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ourkom ltd Companies House Filings - See Documents
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