openlightcomm ltd
openlightcomm ltd Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
190 billet road, london, E17 5DX
Website
www.openlightcomm.comopenlightcomm ltd Estimated Valuation
Pomanda estimates the enterprise value of OPENLIGHTCOMM LTD at £79k based on a Turnover of £116.8k and 0.68x industry multiple (adjusted for size and gross margin).
openlightcomm ltd Estimated Valuation
Pomanda estimates the enterprise value of OPENLIGHTCOMM LTD at £59.2k based on an EBITDA of £14.4k and a 4.13x industry multiple (adjusted for size and gross margin).
openlightcomm ltd Estimated Valuation
Pomanda estimates the enterprise value of OPENLIGHTCOMM LTD at £0 based on Net Assets of £-26k and 2.38x industry multiple (adjusted for liquidity).
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Openlightcomm Ltd Overview
Openlightcomm Ltd is a live company located in london, E17 5DX with a Companies House number of 09987903. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2016, it's largest shareholder is polivios kyriacos poli with a 100% stake. Openlightcomm Ltd is a young, micro sized company, Pomanda has estimated its turnover at £116.8k with declining growth in recent years.
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Openlightcomm Ltd Health Check
Pomanda's financial health check has awarded Openlightcomm Ltd a 2.5 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 £116.8k, make it smaller than the average company (£3.7m)
- Openlightcomm Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (10.5%)
- Openlightcomm Ltd
10.5% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (73.1%)
- Openlightcomm Ltd
73.1% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (4.1%)
- Openlightcomm Ltd
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
1 - Openlightcomm Ltd
33 - Industry AVG
Pay Structure
on an average salary of £68.3k, the company has an equivalent pay structure (£68.3k)
- Openlightcomm Ltd
£68.3k - Industry AVG
Efficiency
resulting in sales per employee of £116.8k, this is equally as efficient (£120.5k)
- Openlightcomm Ltd
£120.5k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (58 days)
- Openlightcomm Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 629 days, this is slower than average (39 days)
- Openlightcomm Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Openlightcomm Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Openlightcomm Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 127.8%, this is a higher level of debt than the average (59.7%)
127.8% - Openlightcomm Ltd
59.7% - Industry AVG
OPENLIGHTCOMM LTD financials
Openlightcomm Ltd's latest turnover from February 2024 is estimated at £116.8 thousand and the company has net assets of -£26 thousand. According to their latest financial statements, Openlightcomm Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,143 | 1,345 | 1,582 | 1,861 | ||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 1,143 | 1,345 | 1,582 | 1,861 | ||||
| Stock & work in progress | ||||||||
| Trade Debtors | 42,894 | 26,290 | 26,486 | 50,199 | 20,485 | 19,270 | 14,329 | |
| Group Debtors | ||||||||
| Misc Debtors | 49,333 | 9,426 | 10,423 | 10,040 | 20,263 | 10,886 | ||
| Cash | 54,836 | 133,676 | ||||||
| misc current assets | ||||||||
| total current assets | 92,227 | 35,716 | 36,909 | 60,239 | 40,748 | 74,106 | 133,676 | 25,215 |
| total assets | 93,370 | 37,061 | 38,491 | 62,100 | 40,748 | 74,106 | 133,676 | 25,215 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 116,051 | 71,585 | 37,110 | 38,380 | 1,265 | 3,851 | ||
| Group/Directors Accounts | 6,943 | 6,910 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 34,874 | 98,538 | ||||||
| total current liabilities | 116,051 | 71,585 | 37,110 | 38,380 | 1,265 | 41,817 | 105,448 | 3,851 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 3,300 | 2,225 | 7,644 | 6,384 | 1,800 | |||
| other liabilities | 1,200 | |||||||
| provisions | ||||||||
| total long term liabilities | 3,300 | 2,225 | 7,644 | 6,384 | 1,800 | 1,200 | ||
| total liabilities | 119,351 | 73,810 | 44,754 | 44,764 | 3,065 | 41,817 | 105,448 | 5,051 |
| net assets | -25,981 | -36,749 | -6,263 | 17,336 | 37,683 | 32,289 | 28,228 | 20,164 |
| total shareholders funds | -25,981 | -36,749 | -6,263 | 17,336 | 37,683 | 32,289 | 28,228 | 20,164 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 56,511 | -1,193 | -23,330 | 19,491 | 21,478 | 19,270 | -25,215 | 25,215 |
| Creditors | 44,466 | 34,475 | -1,270 | 37,115 | 1,265 | -3,851 | 3,851 | |
| Accruals and Deferred Income | 1,075 | -5,419 | 1,260 | 4,584 | -33,074 | -63,664 | 98,538 | |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -6,943 | 33 | 6,910 | |||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -1,200 | 1,200 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -54,836 | -78,840 | 133,676 | |||||
| overdraft | ||||||||
| change in cash | -54,836 | -78,840 | 133,676 |
openlightcomm ltd Credit Report and Business Information
Openlightcomm Ltd Competitor Analysis
Perform a competitor analysis for openlightcomm ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.
openlightcomm ltd Ownership
OPENLIGHTCOMM LTD group structure
Openlightcomm Ltd has no subsidiary companies.
Ultimate parent company
OPENLIGHTCOMM LTD
09987903
openlightcomm ltd directors
Openlightcomm Ltd currently has 1 director, Mr Polivios Poli serving since Mar 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Polivios Poli | England | 55 years | Mar 2020 | - | Director |
P&L
February 2024turnover
116.8k
+55%
operating profit
14.4k
0%
gross margin
42.5%
-0.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-26k
-0.29%
total assets
93.4k
+1.52%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
openlightcomm ltd company details
company number
09987903
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
190 billet road, london, E17 5DX
Bank
-
Legal Advisor
-
openlightcomm 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 openlightcomm ltd.
openlightcomm 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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openlightcomm ltd Companies House Filings - See Documents
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