optix (group) limited
optix (group) limited Company Information
Company Number
09229918
Next Accounts
Sep 2025
Shareholders
evex acquico gmbh
Group Structure
View All
Industry
Business and domestic software development
Registered Address
poppleton house rose avenue, nether poppleton, york, north yorkshire, YO26 6RU
Website
www.optix.co.ukoptix (group) limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIX (GROUP) LIMITED at £8.4m based on a Turnover of £8.3m and 1.02x industry multiple (adjusted for size and gross margin).
optix (group) limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIX (GROUP) LIMITED at £10.1m based on an EBITDA of £1.6m and a 6.3x industry multiple (adjusted for size and gross margin).
optix (group) limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIX (GROUP) LIMITED at £14.3m based on Net Assets of £6m and 2.37x industry multiple (adjusted for liquidity).
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Optix (group) Limited Overview
Optix (group) Limited is a live company located in york, YO26 6RU with a Companies House number of 09229918. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2014, it's largest shareholder is evex acquico gmbh with a 100% stake. Optix (group) Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.3m with healthy growth in recent years.
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Optix (group) Limited Health Check
Pomanda's financial health check has awarded Optix (Group) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 0 areas for improvement. Company Health Check FAQs
9 Strong
3 Regular
0 Weak
Size
annual sales of £8.3m, make it larger than the average company (£4.5m)
£8.3m - Optix (group) Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10.2%)
13% - Optix (group) Limited
10.2% - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (72.1%)
70.9% - Optix (group) Limited
72.1% - Industry AVG
Profitability
an operating margin of 11.5% make it more profitable than the average company (3.5%)
11.5% - Optix (group) Limited
3.5% - Industry AVG
Employees
with 69 employees, this is above the industry average (42)
69 - Optix (group) Limited
42 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has a lower pay structure (£72.3k)
£51.1k - Optix (group) Limited
£72.3k - Industry AVG
Efficiency
resulting in sales per employee of £119.7k, this is equally as efficient (£122.7k)
£119.7k - Optix (group) Limited
£122.7k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (57 days)
32 days - Optix (group) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (41 days)
43 days - Optix (group) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (19 days)
1 days - Optix (group) Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (17 weeks)
54 weeks - Optix (group) Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.8%, this is a lower level of debt than the average (62.9%)
26.8% - Optix (group) Limited
62.9% - Industry AVG
OPTIX (GROUP) LIMITED financials
Optix (Group) Limited's latest turnover from December 2023 is £8.3 million and the company has net assets of £6 million. According to their latest financial statements, Optix (Group) Limited has 69 employees and maintains cash reserves of £2 million 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,256,688 | 7,343,552 | 6,757,554 | 5,665,445 | |||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 2,403,267 | 1,857,405 | 2,002,540 | 1,344,185 | |||||
| Gross Profit | 5,853,421 | 5,486,147 | 4,755,014 | 4,321,260 | |||||
| Admin Expenses | 4,903,006 | 4,052,454 | 3,697,300 | 3,534,875 | |||||
| Operating Profit | 950,415 | 1,433,693 | 1,057,714 | 786,385 | |||||
| Interest Payable | 2,747 | 2,724 | 4,875 | ||||||
| Interest Receivable | 87,329 | 19,657 | 10,464 | 21,578 | |||||
| Pre-Tax Profit | 1,037,744 | 1,450,603 | 1,065,454 | 803,088 | |||||
| Tax | -180,636 | -250,800 | -153,946 | -50,170 | |||||
| Profit After Tax | 857,108 | 1,199,803 | 911,508 | 752,918 | |||||
| Dividends Paid | 1,700,000 | 250,000 | 137,000 | ||||||
| Retained Profit | 857,108 | -500,197 | 661,508 | 615,918 | |||||
| Employee Costs | 3,524,014 | 2,856,527 | 2,476,017 | 2,441,111 | |||||
| Number Of Employees | 69 | 62 | 57 | 52 | |||||
| EBITDA* | 1,606,819 | 1,933,400 | 1,626,981 | 911,385 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,802,687 | 2,231,771 | 1,634,098 | 1,847,923 | 1,200 | ||||
| Intangible Assets | 1,595,300 | 1,730,300 | 1,855,300 | 1,980,300 | 2,093,750 | 2,218,750 | 2,343,750 | 2,468,750 | |
| Investments & Other | 1,200 | 1,200 | 1,200 | 1,200 | |||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 3,397,987 | 3,962,071 | 3,489,398 | 3,828,223 | 2,094,950 | 2,219,950 | 2,344,950 | 2,469,950 | 1,200 |
| Stock & work in progress | 10,828 | 21,347 | 32,180 | 13,000 | |||||
| Trade Debtors | 741,043 | 949,301 | 676,555 | 619,634 | |||||
| Group Debtors | 1,798,679 | ||||||||
| Misc Debtors | 307,501 | 1,055,658 | 938,266 | 1,423,355 | 40 | ||||
| Cash | 1,977,263 | 2,347,588 | 2,204,640 | 829,173 | 7,190 | 9,332 | 7,633 | 9,110 | 9,455 |
| misc current assets | |||||||||
| total current assets | 4,835,314 | 4,373,894 | 3,851,641 | 2,885,162 | 7,190 | 9,332 | 7,673 | 9,110 | 9,455 |
| total assets | 8,233,301 | 8,335,965 | 7,341,039 | 6,713,385 | 2,102,140 | 2,229,282 | 2,352,623 | 2,479,060 | 10,655 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 286,429 | 1,235,282 | 152,439 | 187,455 | |||||
| Group/Directors Accounts | 37,415 | 18,108 | 70,842 | 1,763,602 | 1,503,617 | 1,077,677 | 549,405 | 9,500 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 1,616,233 | 1,497,075 | 1,285,097 | 1,234,565 | 134,081 | 616,923 | 1,230,410 | 1,924,590 | |
| total current liabilities | 1,902,662 | 2,769,772 | 1,455,644 | 1,492,862 | 1,897,683 | 2,120,540 | 2,308,087 | 2,473,995 | 9,500 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 3,000 | 9,000 | 15,000 | 21,000 | |||||
| other liabilities | |||||||||
| provisions | 303,615 | 390,277 | 203,282 | 193,918 | |||||
| total long term liabilities | 306,615 | 399,277 | 218,282 | 214,918 | |||||
| total liabilities | 2,209,277 | 3,169,049 | 1,673,926 | 1,707,780 | 1,897,683 | 2,120,540 | 2,308,087 | 2,473,995 | 9,500 |
| net assets | 6,024,024 | 5,166,916 | 5,667,113 | 5,005,605 | 204,457 | 108,742 | 44,536 | 5,065 | 1,155 |
| total shareholders funds | 6,024,024 | 5,166,916 | 5,667,113 | 5,005,605 | 204,457 | 108,742 | 44,536 | 5,065 | 1,155 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 950,415 | 1,433,693 | 1,057,714 | 786,385 | |||||
| Depreciation | 531,404 | 374,707 | 444,267 | ||||||
| Amortisation | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | ||
| Tax | -180,636 | -250,800 | -153,946 | -50,170 | |||||
| Stock | -10,519 | -10,833 | 19,180 | 13,000 | |||||
| Debtors | 842,264 | 390,138 | -428,168 | 2,042,989 | -40 | 40 | |||
| Creditors | -948,853 | 1,082,843 | -35,016 | 187,455 | |||||
| Accruals and Deferred Income | 113,158 | 205,978 | 44,532 | 1,121,484 | -482,842 | -613,487 | -694,180 | 1,924,590 | |
| Deferred Taxes & Provisions | -86,662 | 186,995 | 9,364 | 193,918 | |||||
| Cash flow from operations | -327,919 | 2,779,111 | 1,900,903 | 308,083 | |||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -1,200 | 1,200 | |||||||
| cash flow from investments | 1,200 | ||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -37,415 | 19,307 | -52,734 | -1,692,760 | 259,985 | 425,940 | 528,272 | 539,905 | 9,500 |
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 87,329 | 16,910 | 7,740 | 16,703 | |||||
| cash flow from financing | 49,914 | 36,217 | -44,994 | 2,509,173 | |||||
| cash and cash equivalents | |||||||||
| cash | -370,325 | 142,948 | 1,375,467 | 821,983 | -2,142 | 1,699 | -1,477 | -345 | 9,455 |
| overdraft | |||||||||
| change in cash | -370,325 | 142,948 | 1,375,467 | 821,983 | -2,142 | 1,699 | -1,477 | -345 | 9,455 |
optix (group) limited Credit Report and Business Information
Optix (group) Limited Competitor Analysis
Perform a competitor analysis for optix (group) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in YO26 area or any other competitors across 12 key performance metrics.
optix (group) limited Ownership
OPTIX (GROUP) LIMITED group structure
Optix (Group) Limited has 3 subsidiary companies.
Ultimate parent company
EVEX ACQUICO GMBH
#0160053
1 parent
OPTIX (GROUP) LIMITED
09229918
3 subsidiaries
optix (group) limited directors
Optix (Group) Limited currently has 2 directors. The longest serving directors include Mr Andrew Harrison (Sep 2014) and Mr Trevor Rowley (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Harrison | 63 years | Sep 2014 | - | Director | |
| Mr Trevor Rowley | England | 63 years | Sep 2014 | - | Director |
P&L
December 2023turnover
8.3m
+12%
operating profit
950.4k
-34%
gross margin
70.9%
-5.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6m
+0.17%
total assets
8.2m
-0.01%
cash
2m
-0.16%
net assets
Total assets minus all liabilities
optix (group) limited company details
company number
09229918
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KIRK NEWSHOLME
address
poppleton house rose avenue, nether poppleton, york, north yorkshire, YO26 6RU
Bank
-
Legal Advisor
-
optix (group) 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 1 charges/mortgages relating to optix (group) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
optix (group) 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.
Click to start generating capital raising & share issue transactions for OPTIX (GROUP) LIMITED. This can take several minutes, an email will notify you when this has completed.
optix (group) limited Companies House Filings - See Documents
| date | description | view/download |
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