bennett opie holdings limited
bennett opie holdings limited Company Information
Company Number
09999589
Website
-Registered Address
bennett opie ltd chalkwell road, sittingbourne, kent, ME10 2LE
Industry
Non-trading company
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
judith wittams 15.4%
dianne opie 12.3%
View Allbennett opie holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BENNETT OPIE HOLDINGS LIMITED at £39.2m based on a Turnover of £44.5m and 0.88x industry multiple (adjusted for size and gross margin).
bennett opie holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BENNETT OPIE HOLDINGS LIMITED at £10.8m based on an EBITDA of £1.6m and a 6.83x industry multiple (adjusted for size and gross margin).
bennett opie holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BENNETT OPIE HOLDINGS LIMITED at £10.8m based on Net Assets of £22.6m and 0.48x industry multiple (adjusted for liquidity).
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Bennett Opie Holdings Limited Overview
Bennett Opie Holdings Limited is a live company located in kent, ME10 2LE with a Companies House number of 09999589. It operates in the non-trading company sector, SIC Code 74990. Founded in February 2016, it's largest shareholder is judith wittams with a 15.4% stake. Bennett Opie Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £44.5m with healthy growth in recent years.
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Bennett Opie Holdings Limited Health Check
Pomanda's financial health check has awarded Bennett Opie Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £44.5m, make it larger than the average company (£2.7m)
£44.5m - Bennett Opie Holdings Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.4%)
9% - Bennett Opie Holdings Limited
4.4% - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (36.5%)
22% - Bennett Opie Holdings Limited
36.5% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (5.5%)
3.5% - Bennett Opie Holdings Limited
5.5% - Industry AVG
Employees
with 136 employees, this is above the industry average (33)
136 - Bennett Opie Holdings Limited
33 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£37.8k)
£38k - Bennett Opie Holdings Limited
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £327.3k, this is more efficient (£134.9k)
£327.3k - Bennett Opie Holdings Limited
£134.9k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (40 days)
41 days - Bennett Opie Holdings Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (42 days)
62 days - Bennett Opie Holdings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 132 days, this is more than average (44 days)
132 days - Bennett Opie Holdings Limited
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (47 weeks)
11 weeks - Bennett Opie Holdings Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.1%, this is a lower level of debt than the average (41.5%)
28.1% - Bennett Opie Holdings Limited
41.5% - Industry AVG
BENNETT OPIE HOLDINGS LIMITED financials
Bennett Opie Holdings Limited's latest turnover from March 2023 is £44.5 million and the company has net assets of £22.6 million. According to their latest financial statements, Bennett Opie Holdings Limited has 136 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 44,508,767 | 43,783,638 | 31,617,321 | 34,276,606 | 34,334,482 | 34,087,981 | 31,417,855 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 34,720,364 | 32,260,544 | 23,531,817 | 26,813,037 | 26,782,720 | 26,626,125 | 24,173,903 |
| Gross Profit | 9,788,403 | 11,523,094 | 8,085,504 | 7,463,569 | 7,551,762 | 7,461,856 | 7,243,952 |
| Admin Expenses | 8,218,085 | 7,817,890 | 5,558,908 | 5,085,377 | 5,042,551 | 4,923,305 | 4,859,063 |
| Operating Profit | 1,570,318 | 3,705,204 | 2,526,596 | 2,378,192 | 2,509,211 | 2,538,551 | 2,384,889 |
| Interest Payable | 2,569 | 8,649 | 1,628 | 9,025 | 10,445 | 11,970 | 95,038 |
| Interest Receivable | 64,519 | 5,277 | 7,179 | 36,065 | 45,125 | 10,035 | 3,056 |
| Pre-Tax Profit | 1,667,268 | 3,711,832 | 2,523,147 | 2,428,232 | 2,543,891 | 2,556,616 | 2,323,907 |
| Tax | -215,107 | -768,144 | -469,723 | -415,063 | -408,289 | -422,070 | 100,990 |
| Profit After Tax | 1,452,161 | 2,943,688 | 2,053,424 | 2,013,169 | 2,135,602 | 2,134,546 | 2,424,897 |
| Dividends Paid | 384,000 | 752,000 | 420,000 | 336,000 | 288,000 | 288,000 | 256,000 |
| Retained Profit | 1,068,161 | 2,191,688 | 1,633,424 | 1,677,169 | 1,847,602 | 1,846,546 | 2,168,897 |
| Employee Costs | 5,167,454 | 4,438,932 | 4,400,240 | 4,946,858 | 4,960,143 | 4,863,882 | 4,867,740 |
| Number Of Employees | 136 | 132 | 130 | 114 | 120 | 116 | 122 |
| EBITDA* | 1,578,857 | 3,705,204 | 2,526,596 | 2,378,192 | 2,880,633 | 2,896,494 | 2,750,162 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,576,022 | 5,362,702 | 5,058,023 | 5,300,963 | 5,026,402 | 5,083,661 | 5,298,133 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,979,761 | 1,598,761 | 802,761 | 358,673 | 771,000 | 583,000 | 645,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,555,783 | 6,961,463 | 5,860,784 | 5,659,636 | 5,797,402 | 5,666,661 | 5,943,133 |
| Stock & work in progress | 12,568,926 | 10,268,034 | 8,289,741 | 6,194,770 | 6,029,281 | 4,757,915 | 4,176,590 |
| Trade Debtors | 5,005,017 | 4,400,316 | 3,333,607 | 2,681,956 | 3,658,200 | 3,783,712 | 3,311,369 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,089,527 | 849,089 | 338,510 | 249,492 | 346,873 | 304,703 | 291,653 |
| Cash | 1,675,406 | 4,816,653 | 3,580,201 | 5,515,301 | 6,687,066 | 5,042,694 | 4,155,699 |
| misc current assets | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 0 | 0 | 0 |
| total current assets | 22,838,876 | 22,834,092 | 18,042,059 | 17,141,519 | 16,721,420 | 13,889,024 | 11,935,311 |
| total assets | 31,394,659 | 29,795,555 | 23,902,843 | 22,801,155 | 22,518,822 | 19,555,685 | 17,878,444 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,911,734 | 6,479,547 | 3,518,193 | 4,257,107 | 4,433,161 | 3,348,045 | 3,035,089 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 11,919 | 35,758 | 0 | 0 | 0 |
| other current liabilities | 1,943,428 | 2,195,096 | 2,285,037 | 2,346,517 | 2,551,286 | 2,321,667 | 2,377,128 |
| total current liabilities | 7,855,162 | 8,674,643 | 5,815,149 | 6,639,382 | 6,984,447 | 5,669,712 | 5,412,217 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 11,919 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 962,480 | 562,806 | 273,816 | 127,730 | 277,790 | 248,500 | 326,300 |
| total long term liabilities | 962,480 | 562,806 | 273,816 | 591,649 | 277,790 | 248,500 | 326,300 |
| total liabilities | 8,817,642 | 9,237,449 | 6,088,965 | 7,231,031 | 7,262,237 | 5,918,212 | 5,738,517 |
| net assets | 22,577,017 | 20,558,106 | 17,813,878 | 15,570,124 | 15,256,585 | 13,637,473 | 12,139,927 |
| total shareholders funds | 22,577,017 | 20,558,106 | 17,813,878 | 15,570,124 | 15,256,585 | 13,637,473 | 12,139,927 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,570,318 | 3,705,204 | 2,526,596 | 2,378,192 | 2,509,211 | 2,538,551 | 2,384,889 |
| Depreciation | 8,539 | 0 | 0 | 0 | 371,422 | 357,943 | 365,273 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -215,107 | -768,144 | -469,723 | -415,063 | -408,289 | -422,070 | 100,990 |
| Stock | 2,300,892 | 1,978,293 | 2,094,971 | 165,489 | 1,271,366 | 581,325 | 4,176,590 |
| Debtors | 845,139 | 1,577,288 | 740,669 | -1,073,625 | -83,342 | 485,393 | 3,603,022 |
| Creditors | -567,813 | 2,961,354 | -738,914 | -176,054 | 1,085,116 | 312,956 | 3,035,089 |
| Accruals and Deferred Income | -251,668 | -89,941 | -61,480 | -204,769 | 229,619 | -55,461 | 2,377,128 |
| Deferred Taxes & Provisions | 399,674 | 288,990 | 146,086 | -150,060 | 29,290 | -77,800 | 326,300 |
| Cash flow from operations | -2,202,088 | 2,541,882 | -1,433,075 | 2,340,382 | 2,628,345 | 1,587,401 | 810,057 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -143,159 | -121,656 |
| Change in Investments | 1,381,000 | 796,000 | 444,088 | -412,327 | 188,000 | -62,000 | 645,000 |
| cash flow from investments | -1,381,000 | -796,000 | -444,088 | 412,327 | -188,000 | -81,159 | -766,656 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -11,919 | -35,758 | 47,677 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 61,950 | -3,372 | 5,551 | 27,040 | 34,680 | -1,935 | -91,982 |
| cash flow from financing | 1,012,700 | 537,249 | 580,123 | -1,288,913 | -193,810 | -350,935 | 9,879,048 |
| cash and cash equivalents | |||||||
| cash | -3,141,247 | 1,236,452 | -1,935,100 | -1,171,765 | 1,644,372 | 886,995 | 4,155,699 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,141,247 | 1,236,452 | -1,935,100 | -1,171,765 | 1,644,372 | 886,995 | 4,155,699 |
bennett opie holdings limited Credit Report and Business Information
Bennett Opie Holdings Limited Competitor Analysis
Perform a competitor analysis for bennett opie holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in ME10 area or any other competitors across 12 key performance metrics.
bennett opie holdings limited Ownership
BENNETT OPIE HOLDINGS LIMITED group structure
Bennett Opie Holdings Limited has 1 subsidiary company.
Ultimate parent company
BENNETT OPIE HOLDINGS LIMITED
09999589
1 subsidiary
bennett opie holdings limited directors
Bennett Opie Holdings Limited currently has 9 directors. The longest serving directors include Mr Philip Opie (Feb 2016) and Mr Mark Godley (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Opie | United Kingdom | 73 years | Feb 2016 | - | Director |
| Mr Mark Godley | 54 years | Apr 2016 | - | Director | |
| Mr Paul Fox | United Kingdom | 56 years | Apr 2016 | - | Director |
| Mrs Judith Wittams | United Kingdom | 76 years | Apr 2016 | - | Director |
| Mr Michael Stringer | United Kingdom | 83 years | Apr 2016 | - | Director |
| Mr William Opie | 70 years | Apr 2016 | - | Director | |
| Reverend David Opie | United Kingdom | 73 years | Apr 2016 | - | Director |
| Mr Christopher Opie | United Kingdom | 46 years | Apr 2016 | - | Director |
| Mr Lee Gordon | 54 years | Oct 2023 | - | Director |
P&L
March 2023turnover
44.5m
+2%
operating profit
1.6m
-58%
gross margin
22%
-16.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
22.6m
+0.1%
total assets
31.4m
+0.05%
cash
1.7m
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
bennett opie holdings limited company details
company number
09999589
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
February 2016
age
8
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
bennett opie ltd chalkwell road, sittingbourne, kent, ME10 2LE
accountant
-
auditor
MHA
bennett opie holdings 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 did not find charges/mortgages relating to bennett opie holdings limited.
bennett opie holdings limited Companies House Filings - See Documents
| date | description | view/download |
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