david omoregie ltd
david omoregie ltd Company Information
Company Number
09496657
Website
-Registered Address
122 feering hill, feering, colchester, essex, CO5 9PY
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
David Omoregie9 Years
Shareholders
david omoregie 100%
david omoregie ltd Estimated Valuation
Pomanda estimates the enterprise value of DAVID OMOREGIE LTD at £5 based on a Turnover of £6 and 0.82x industry multiple (adjusted for size and gross margin).
david omoregie ltd Estimated Valuation
Pomanda estimates the enterprise value of DAVID OMOREGIE LTD at £0 based on an EBITDA of £-30.4k and a 3.01x industry multiple (adjusted for size and gross margin).
david omoregie ltd Estimated Valuation
Pomanda estimates the enterprise value of DAVID OMOREGIE LTD at £42.2k based on Net Assets of £24.8k and 1.7x industry multiple (adjusted for liquidity).
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David Omoregie Ltd Overview
David Omoregie Ltd is a dissolved company that was located in colchester, CO5 9PY with a Companies House number of 09496657. It operated in the other sports activities sector, SIC Code 93199. Founded in March 2015, it's largest shareholder was david omoregie with a 100% stake. The last turnover for David Omoregie Ltd was estimated at £6.4.
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David Omoregie Ltd Health Check
Pomanda's financial health check has awarded David Omoregie Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £6.4, make it smaller than the average company (£434.3k)
- David Omoregie Ltd
£434.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -97%, show it is growing at a slower rate (4.8%)
- David Omoregie Ltd
4.8% - Industry AVG
Production
with a gross margin of 43.5%, this company has a comparable cost of product (43.5%)
- David Omoregie Ltd
43.5% - Industry AVG
Profitability
an operating margin of -482238.2% make it less profitable than the average company (2%)
- David Omoregie Ltd
2% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- David Omoregie Ltd
14 - Industry AVG
Pay Structure
on an average salary of £21.9k, the company has an equivalent pay structure (£21.9k)
- David Omoregie Ltd
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £6.4, this is less efficient (£57.6k)
- David Omoregie Ltd
£57.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- David Omoregie Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (32 days)
- David Omoregie Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- David Omoregie Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 102 weeks, this is more cash available to meet short term requirements (64 weeks)
102 weeks - David Omoregie Ltd
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.5%, this is a higher level of debt than the average (41.2%)
50.5% - David Omoregie Ltd
41.2% - Industry AVG
DAVID OMOREGIE LTD financials
David Omoregie Ltd's latest turnover from September 2019 is estimated at £6 and the company has net assets of £24.8 thousand. According to their latest financial statements, we estimate that David Omoregie Ltd has 1 employee and maintains cash reserves of £50.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| 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 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 713 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 713 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 7,500 | 30,000 | 7,500 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 50,153 | 69,575 | 18,637 | 26,658 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 50,153 | 77,075 | 48,637 | 34,158 |
| total assets | 50,153 | 77,788 | 48,637 | 34,158 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 12,767 | 11,893 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 25,348 | 9,773 | 7,643 | 25,831 |
| total current liabilities | 25,349 | 22,540 | 19,536 | 25,831 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 25,349 | 22,540 | 19,536 | 25,831 |
| net assets | 24,804 | 55,248 | 29,101 | 8,327 |
| total shareholders funds | 24,804 | 55,248 | 29,101 | 8,327 |
| Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 542 | 141 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -7,500 | -22,500 | 22,500 | 7,500 |
| Creditors | 1 | 0 | 0 | 0 |
| Accruals and Deferred Income | 15,575 | 2,130 | -18,188 | 25,831 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -12,767 | 874 | 11,893 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -19,422 | 50,938 | -8,021 | 26,658 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -19,422 | 50,938 | -8,021 | 26,658 |
david omoregie ltd Credit Report and Business Information
David Omoregie Ltd Competitor Analysis
Perform a competitor analysis for david omoregie ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in CO5 area or any other competitors across 12 key performance metrics.
david omoregie ltd Ownership
DAVID OMOREGIE LTD group structure
David Omoregie Ltd has no subsidiary companies.
Ultimate parent company
DAVID OMOREGIE LTD
09496657
david omoregie ltd directors
David Omoregie Ltd currently has 1 director, Mr David Omoregie serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Omoregie | 28 years | Mar 2015 | - | Director |
P&L
September 2019turnover
6.4
-100%
operating profit
-30.9k
0%
gross margin
43.6%
-3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
24.8k
-0.55%
total assets
50.2k
-0.36%
cash
50.2k
-0.28%
net assets
Total assets minus all liabilities
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david omoregie ltd company details
company number
09496657
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2019
previous names
N/A
accountant
GRANITE MORGAN SMITH LIMITED
auditor
-
address
122 feering hill, feering, colchester, essex, CO5 9PY
Bank
-
Legal Advisor
-
david omoregie 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 did not find charges/mortgages relating to david omoregie ltd.
david omoregie ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
