oh assist limited
oh assist limited Company Information
Company Number
09621658
Website
http://optimahealth.co.ukRegistered Address
20 grosvenor place, london, SW1X 7HN
Industry
Management consultancy activities (other than financial management)
Other human health activities
Telephone
08453713313
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
oh assist finance limited 100%
oh assist limited Estimated Valuation
Pomanda estimates the enterprise value of OH ASSIST LIMITED at £26.9m based on a Turnover of £33.7m and 0.8x industry multiple (adjusted for size and gross margin).
oh assist limited Estimated Valuation
Pomanda estimates the enterprise value of OH ASSIST LIMITED at £26.2m based on an EBITDA of £4m and a 6.49x industry multiple (adjusted for size and gross margin).
oh assist limited Estimated Valuation
Pomanda estimates the enterprise value of OH ASSIST LIMITED at £0 based on Net Assets of £-23.9m and 2.35x industry multiple (adjusted for liquidity).
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Oh Assist Limited Overview
Oh Assist Limited is a live company located in london, SW1X 7HN with a Companies House number of 09621658. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2015, it's largest shareholder is oh assist finance limited with a 100% stake. Oh Assist Limited is a young, large sized company, Pomanda has estimated its turnover at £33.7m with high growth in recent years.
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Oh Assist Limited Health Check
Pomanda's financial health check has awarded Oh Assist Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £33.7m, make it larger than the average company (£1.4m)
£33.7m - Oh Assist Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5%)
15% - Oh Assist Limited
5% - Industry AVG
Production
with a gross margin of 33.7%, this company has a higher cost of product (42.7%)
33.7% - Oh Assist Limited
42.7% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (7.2%)
3% - Oh Assist Limited
7.2% - Industry AVG
Employees
with 502 employees, this is above the industry average (14)
502 - Oh Assist Limited
14 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has a higher pay structure (£36.2k)
£47.5k - Oh Assist Limited
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £67.2k, this is less efficient (£96.2k)
£67.2k - Oh Assist Limited
£96.2k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (45 days)
16 days - Oh Assist Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (26 days)
19 days - Oh Assist Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oh Assist Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (65 weeks)
3 weeks - Oh Assist Limited
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 205.2%, this is a higher level of debt than the average (45.6%)
205.2% - Oh Assist Limited
45.6% - Industry AVG
oh assist limited Credit Report and Business Information
Oh Assist Limited Competitor Analysis
Perform a competitor analysis for oh assist limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
oh assist limited Ownership
OH ASSIST LIMITED group structure
Oh Assist Limited has 1 subsidiary company.
Ultimate parent company
2 parents
OH ASSIST LIMITED
09621658
1 subsidiary
oh assist limited directors
Oh Assist Limited currently has 3 directors. The longest serving directors include Mr Jonathan Thomas (Jan 2016) and Mr Alexander Dacre (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Thomas | England | 37 years | Jan 2016 | - | Director |
| Mr Alexander Dacre | England | 36 years | Jan 2022 | - | Director |
| Mr Adam Councell | England | 45 years | Jan 2022 | - | Director |
OH ASSIST LIMITED financials
Oh Assist Limited's latest turnover from March 2023 is £33.7 million and the company has net assets of -£23.9 million. According to their latest financial statements, Oh Assist Limited has 502 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 33,727,949 | 28,493,790 | 21,912,857 | 22,220,289 | 22,801,536 | 31,025,832 | 38,160,058 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 22,354,536 | 17,293,866 | 16,040,222 | 17,170,250 | 17,914,849 | 24,949,662 | 29,478,357 | 0 |
| Gross Profit | 11,373,413 | 11,199,924 | 5,872,635 | 5,050,039 | 4,886,687 | 6,076,170 | 8,681,701 | 0 |
| Admin Expenses | 10,352,076 | 10,791,734 | 7,538,378 | 7,864,194 | 10,340,961 | 7,597,355 | 6,657,817 | |
| Operating Profit | 1,021,337 | 408,190 | -1,665,743 | -2,814,155 | -5,454,274 | -1,521,185 | 2,023,884 | |
| Interest Payable | 461,366 | 3,929,812 | 3,532,370 | 214,370 | 106,150 | 69,845 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 1,905 | 0 | 0 | 0 |
| Pre-Tax Profit | 559,971 | -3,521,622 | -5,198,113 | -3,028,525 | -5,558,519 | -1,591,030 | 2,023,884 | -363 |
| Tax | 52,568 | -412,343 | 102,915 | -187,129 | 773,336 | 166,810 | -123,420 | 0 |
| Profit After Tax | 612,539 | -3,933,965 | -5,095,198 | -3,215,654 | -4,785,183 | -1,424,220 | 1,900,464 | -363 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 612,539 | -3,933,965 | -5,095,198 | -3,215,654 | -4,785,183 | -1,424,220 | 1,900,464 | -363 |
| Employee Costs | 23,827,279 | 14,677,902 | 12,231,479 | 11,393,257 | 11,024,099 | 16,726,213 | 20,141,510 | 0 |
| Number Of Employees | 502 | 383 | 305 | 289 | 317 | 471 | 529 | |
| EBITDA* | 4,031,545 | 3,245,829 | 1,236,697 | -164,341 | -3,082,355 | 104,564 | 3,214,958 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 576,090 | 839,423 | 1,117,307 | 1,074,536 | 1,159,734 | 841,839 | 208,120 | 0 |
| Intangible Assets | 6,116,856 | 6,223,201 | 7,109,168 | 8,735,050 | 9,965,605 | 11,037,018 | 10,547,941 | 0 |
| Investments & Other | 5,875,485 | 5,875,485 | 5,875,485 | 5,875,485 | 5,875,485 | 5,875,485 | 5,875,485 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,568,431 | 12,938,109 | 14,101,960 | 15,685,071 | 17,000,824 | 17,754,342 | 16,631,546 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,485,113 | 1,374,919 | 1,373,759 | 1,339,765 | 1,511,414 | 2,988,100 | 2,772,472 | 0 |
| Group Debtors | 3,226,552 | 105,787 | 1,959,120 | 2,237,799 | 4,552,273 | 1,980,413 | 2,715,580 | 0 |
| Misc Debtors | 2,737,298 | 2,064,459 | 2,131,735 | 2,522,200 | 3,231,354 | 3,979,000 | 3,366,269 | 3,297 |
| Cash | 2,720,364 | 213,894 | 0 | 0 | 0 | 0 | 2,166,982 | 77,261 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,169,327 | 3,759,059 | 5,464,614 | 6,099,764 | 9,295,041 | 8,947,513 | 11,021,303 | 80,558 |
| total assets | 22,737,758 | 16,697,168 | 19,566,574 | 21,784,835 | 26,295,865 | 26,701,855 | 27,652,849 | 80,558 |
| Bank overdraft | 0 | 1,964,464 | 2,326,297 | 2,039,330 | 861,548 | 195,046 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,175,972 | 1,002,577 | 548,931 | 1,290,513 | 920,625 | 1,066,576 | 852,938 | 0 |
| Group/Directors Accounts | 41,032,988 | 33,184,973 | 31,403,292 | 18,656,098 | 20,706,998 | 16,090,000 | 16,050,000 | 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 | 4,108,980 | 4,492,366 | 3,820,530 | 2,254,021 | 3,287,568 | 3,179,581 | 5,811,489 | 80,920 |
| total current liabilities | 46,317,940 | 40,644,380 | 38,099,050 | 24,239,962 | 25,776,739 | 20,531,203 | 22,714,427 | 80,920 |
| loans | 0 | 0 | 1,893,114 | 2,793,115 | 2,675,788 | 2,766,667 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 340,633 | 586,142 | 173,799 | 276,714 | 152,640 | 928,104 | 1,038,321 | 0 |
| total long term liabilities | 340,633 | 586,142 | 2,066,913 | 3,069,829 | 2,828,428 | 3,694,771 | 1,038,321 | 0 |
| total liabilities | 46,658,573 | 41,230,522 | 40,165,963 | 27,309,791 | 28,605,167 | 24,225,974 | 23,752,748 | 80,920 |
| net assets | -23,920,815 | -24,533,354 | -20,599,389 | -5,524,956 | -2,309,302 | 2,475,881 | 3,900,101 | -362 |
| total shareholders funds | -23,920,815 | -24,533,354 | -20,599,389 | -5,524,956 | -2,309,302 | 2,475,881 | 3,900,101 | -362 |
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,021,337 | 408,190 | -1,665,743 | -2,814,155 | -5,454,274 | -1,521,185 | 2,023,884 | |
| Depreciation | 493,075 | 375,817 | 466,819 | 369,455 | 308,549 | 150,691 | 87,269 | 0 |
| Amortisation | 2,517,133 | 2,461,822 | 2,435,621 | 2,280,359 | 2,063,370 | 1,475,058 | 1,103,805 | 0 |
| Tax | 52,568 | -412,343 | 102,915 | -187,129 | 773,336 | 166,810 | -123,420 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,448,963 | -1,919,449 | -635,150 | -3,195,277 | 347,528 | 93,192 | 8,851,024 | 3,297 |
| Creditors | 1,175,972 | 453,646 | -741,582 | 369,888 | -145,951 | 213,638 | 852,938 | 0 |
| Accruals and Deferred Income | 4,108,980 | 671,836 | 1,566,509 | -1,033,547 | 107,987 | -2,631,908 | 5,730,569 | 80,920 |
| Deferred Taxes & Provisions | 340,633 | 412,343 | -102,915 | 124,074 | -775,464 | -110,217 | 1,038,321 | 0 |
| Cash flow from operations | 2,260,735 | 6,290,760 | 2,696,774 | 2,304,222 | -3,469,975 | -2,350,305 | 1,862,342 | |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 5,875,485 | 0 | 0 | 0 | 0 | 0 | 5,875,485 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 41,032,988 | 1,781,681 | 12,747,194 | -2,050,900 | 4,616,998 | 40,000 | 16,050,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1,893,114 | -900,001 | 117,327 | -90,879 | 2,766,667 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -461,366 | -3,929,812 | -3,532,370 | -214,370 | -104,245 | -69,845 | 0 | 0 |
| cash flow from financing | 16,038,268 | -4,041,245 | -1,664,412 | -2,147,943 | 4,421,874 | 2,736,822 | 18,049,999 | 1 |
| cash and cash equivalents | ||||||||
| cash | 2,720,364 | 213,894 | 0 | 0 | 0 | -2,166,982 | 2,089,721 | 77,261 |
| overdraft | 0 | -361,833 | 286,967 | 1,177,782 | 666,502 | 195,046 | 0 | 0 |
| change in cash | 2,720,364 | 575,727 | -286,967 | -1,177,782 | -666,502 | -2,362,028 | 2,089,721 | 77,261 |
P&L
March 2023turnover
33.7m
0%
operating profit
1m
0%
gross margin
33.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-23.9m
0%
total assets
22.7m
0%
cash
2.7m
0%
net assets
Total assets minus all liabilities
oh assist limited company details
company number
09621658
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
70229 - Management consultancy activities (other than financial management)
86900 - Other human health activities
incorporation date
June 2015
age
9
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
20 grosvenor place, london, SW1X 7HN
last accounts submitted
March 2023
oh assist 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 oh assist limited. Currently there are 0 open charges and 2 have been satisfied in the past.
oh assist limited Companies House Filings - See Documents
| date | description | view/download |
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