otgl limited
otgl limited Company Information
Company Number
10184763
Next Accounts
738 days late
Directors
Shareholders
objective technologies global group ltd
thomas anthony morgan
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
suite e10 josephs well, westgate, leeds, LS3 1AB
Website
-otgl limited Estimated Valuation
Pomanda estimates the enterprise value of OTGL LIMITED at £4.1m based on a Turnover of £5.1m and 0.8x industry multiple (adjusted for size and gross margin).
otgl limited Estimated Valuation
Pomanda estimates the enterprise value of OTGL LIMITED at £2.2m based on an EBITDA of £414.1k and a 5.38x industry multiple (adjusted for size and gross margin).
otgl limited Estimated Valuation
Pomanda estimates the enterprise value of OTGL LIMITED at £5.1m based on Net Assets of £2.3m and 2.23x industry multiple (adjusted for liquidity).
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Otgl Limited Overview
Otgl Limited is a live company located in leeds, LS3 1AB with a Companies House number of 10184763. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2016, it's largest shareholder is objective technologies global group ltd with a 92.4% stake. Otgl Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.1m with rapid growth in recent years.
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Otgl Limited Health Check
Pomanda's financial health check has awarded Otgl Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £5.1m, make it in line with the average company (£5m)
- Otgl Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 104%, show it is growing at a faster rate (5.1%)
- Otgl Limited
5.1% - Industry AVG
Production
with a gross margin of 51%, this company has a comparable cost of product (51%)
- Otgl Limited
51% - Industry AVG
Profitability
an operating margin of -7.6% make it less profitable than the average company (4.4%)
- Otgl Limited
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (33)
2 - Otgl Limited
33 - Industry AVG
Pay Structure
on an average salary of £63k, the company has an equivalent pay structure (£63k)
- Otgl Limited
£63k - Industry AVG
Efficiency
resulting in sales per employee of £2.5m, this is more efficient (£150.8k)
- Otgl Limited
£150.8k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (52 days)
- Otgl Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (37 days)
- Otgl Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Otgl Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Otgl Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.6%, this is a lower level of debt than the average (63.1%)
45.6% - Otgl Limited
63.1% - Industry AVG
OTGL LIMITED financials
Otgl Limited's latest turnover from April 2021 is estimated at £5.1 million and the company has net assets of £2.3 million. According to their latest financial statements, Otgl Limited has 2 employees and maintains cash reserves of £209 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2021 | Apr 2020 | Apr 2019 | Aug 2018 | May 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 | 2 | 5 | 13 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2021 | Apr 2020 | Apr 2019 | Aug 2018 | May 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 1 | 99,632 | 210,527 | 26,906 | 0 |
| Intangible Assets | 2,380,413 | 3,178,856 | 2,908,897 | 433,188 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,380,414 | 3,278,488 | 3,119,424 | 460,094 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,436,797 | 1,436,798 | 0 | 0 | 0 |
| Group Debtors | 0 | 1,099 | 99,307 | 84,891 | 0 |
| Misc Debtors | 404,638 | 331,735 | 864,998 | 168,443 | 766 |
| Cash | 209 | 12,581 | 10 | 215,206 | 805 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,841,644 | 1,782,213 | 964,315 | 468,540 | 1,571 |
| total assets | 4,222,058 | 5,060,701 | 4,083,739 | 928,634 | 1,571 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 5,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,176 | 660,133 | 666,549 | 123,747 | 2,894 |
| Group/Directors Accounts | 377,472 | 223,489 | 89,083 | 127,115 | 10,962 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,477,192 | 1,493,987 | 2,829,359 | 604,921 | 1,450 |
| total current liabilities | 1,879,840 | 2,377,609 | 3,584,991 | 855,783 | 15,306 |
| loans | 45,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 45,000 | 0 | 0 | 0 | 0 |
| total liabilities | 1,924,840 | 2,377,609 | 3,584,991 | 855,783 | 15,306 |
| net assets | 2,297,218 | 2,683,092 | 498,748 | 72,851 | -13,735 |
| total shareholders funds | 2,297,218 | 2,683,092 | 498,748 | 72,851 | -13,735 |
| Apr 2021 | Apr 2020 | Apr 2019 | Aug 2018 | May 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 63,647 | 29,271 | 3,860 | 0 |
| Amortisation | 798,443 | 798,443 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 71,803 | 805,327 | 710,971 | 252,568 | 766 |
| Creditors | -639,957 | -6,416 | 542,802 | 120,853 | 2,894 |
| Accruals and Deferred Income | -16,795 | -1,335,372 | 2,224,438 | 603,471 | 1,450 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 5,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 153,983 | 134,406 | -38,032 | 116,153 | 10,962 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 45,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -12,372 | 12,571 | -215,196 | 214,401 | 805 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,372 | 12,571 | -215,196 | 214,401 | 805 |
otgl limited Credit Report and Business Information
Otgl Limited Competitor Analysis
Perform a competitor analysis for otgl limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in LS3 area or any other competitors across 12 key performance metrics.
otgl limited Ownership
OTGL LIMITED group structure
Otgl Limited has no subsidiary companies.
otgl limited directors
Otgl Limited currently has 1 director, Mr Paul Ferris serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Ferris | United Kingdom | 64 years | May 2016 | - | Director |
P&L
April 2021turnover
5.1m
-7%
operating profit
-384.4k
0%
gross margin
51%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2021net assets
2.3m
-0.14%
total assets
4.2m
-0.17%
cash
209
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
otgl limited company details
company number
10184763
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2021
previous names
objecttech group limited (June 2019)
accountant
-
auditor
-
address
suite e10 josephs well, westgate, leeds, LS3 1AB
Bank
-
Legal Advisor
-
otgl 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 otgl limited.
otgl 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.
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otgl limited Companies House Filings - See Documents
| date | description | view/download |
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