onnik m limited
onnik m limited Company Information
Company Number
10326503
Website
-Registered Address
8 betoyne close, billericay, CM11 2JQ
Industry
Construction of domestic buildings
Construction of commercial buildings
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Andrian Minasyan8 Years
Shareholders
andrian minasyan 100%
onnik m limited Estimated Valuation
Pomanda estimates the enterprise value of ONNIK M LIMITED at £107.6k based on a Turnover of £231.3k and 0.47x industry multiple (adjusted for size and gross margin).
onnik m limited Estimated Valuation
Pomanda estimates the enterprise value of ONNIK M LIMITED at £0 based on an EBITDA of £-6.8k and a 3.84x industry multiple (adjusted for size and gross margin).
onnik m limited Estimated Valuation
Pomanda estimates the enterprise value of ONNIK M LIMITED at £214 based on Net Assets of £147 and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Onnik M Limited Overview
Onnik M Limited is a live company located in billericay, CM11 2JQ with a Companies House number of 10326503. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in August 2016, it's largest shareholder is andrian minasyan with a 100% stake. Onnik M Limited is a young, micro sized company, Pomanda has estimated its turnover at £231.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Onnik M Limited Health Check
Pomanda's financial health check has awarded Onnik M Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £231.3k, make it smaller than the average company (£4.5m)
- Onnik M Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.8%)
- Onnik M Limited
6.8% - Industry AVG
Production
with a gross margin of 18%, this company has a comparable cost of product (18%)
- Onnik M Limited
18% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (4.5%)
- Onnik M Limited
4.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Onnik M Limited
15 - Industry AVG
Pay Structure
on an average salary of £46.7k, the company has an equivalent pay structure (£46.7k)
- Onnik M Limited
£46.7k - Industry AVG
Efficiency
resulting in sales per employee of £115.7k, this is less efficient (£262.9k)
- Onnik M Limited
£262.9k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (35 days)
- Onnik M Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (35 days)
- Onnik M Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Onnik M Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (18 weeks)
31 weeks - Onnik M Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (71.5%)
99.3% - Onnik M Limited
71.5% - Industry AVG
ONNIK M LIMITED financials
Onnik M Limited's latest turnover from August 2023 is estimated at £231.3 thousand and the company has net assets of £147. According to their latest financial statements, Onnik M Limited has 2 employees and maintains cash reserves of £13.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 123,561 | 107,486 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 87,762 | 68,060 | |||||
| Gross Profit | 35,799 | 39,426 | |||||
| Admin Expenses | 29,470 | 20,170 | |||||
| Operating Profit | 6,329 | 19,256 | |||||
| Interest Payable | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | 6,329 | 19,256 | |||||
| Tax | -1,266 | -3,851 | |||||
| Profit After Tax | 5,063 | 15,405 | |||||
| Dividends Paid | 5,000 | 5,000 | |||||
| Retained Profit | 63 | 10,405 | |||||
| Employee Costs | |||||||
| Number Of Employees | 2 | 2 | 3 | 2 | 2 | ||
| EBITDA* | 6,329 | 19,256 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,912 | 12,475 | 9,989 | 10,565 | 9,520 | 11,204 | 17,402 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 13,095 | 12,765 | 25,360 | 28,921 | 13,811 | 15,862 | 15,223 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,007 | 25,240 | 35,349 | 39,486 | 23,331 | 27,066 | 32,625 |
| total assets | 22,007 | 25,240 | 35,349 | 39,486 | 23,331 | 27,066 | 32,625 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,337 | 14,318 | 21,316 | 21,171 | 11,379 | 1,104 | 11,732 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,523 | 4,604 | 5,433 | 11,924 | 11,847 | 18,734 | 10,388 |
| total current liabilities | 21,860 | 18,922 | 26,749 | 33,095 | 23,226 | 19,838 | 22,120 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,860 | 18,922 | 26,749 | 33,095 | 23,226 | 19,838 | 22,120 |
| net assets | 147 | 6,318 | 8,600 | 6,391 | 105 | 7,228 | 10,505 |
| total shareholders funds | 147 | 6,318 | 8,600 | 6,391 | 105 | 7,228 | 10,505 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 6,329 | 19,256 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,266 | -3,851 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,563 | 2,486 | -576 | 1,045 | -1,684 | -6,198 | 17,402 |
| Creditors | 6,019 | -6,998 | 145 | 9,792 | 10,275 | -10,628 | 11,732 |
| Accruals and Deferred Income | -3,081 | -829 | -6,491 | 77 | -6,887 | 8,346 | 10,388 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 8,979 | 20,123 | |||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | |||||
| cash flow from financing | -3,340 | 100 | |||||
| cash and cash equivalents | |||||||
| cash | 330 | -12,595 | -3,561 | 15,110 | -2,051 | 639 | 15,223 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 330 | -12,595 | -3,561 | 15,110 | -2,051 | 639 | 15,223 |
onnik m limited Credit Report and Business Information
Onnik M Limited Competitor Analysis
Perform a competitor analysis for onnik m limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CM11 area or any other competitors across 12 key performance metrics.
onnik m limited Ownership
ONNIK M LIMITED group structure
Onnik M Limited has no subsidiary companies.
Ultimate parent company
ONNIK M LIMITED
10326503
onnik m limited directors
Onnik M Limited currently has 1 director, Mr Andrian Minasyan serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrian Minasyan | England | 43 years | Aug 2016 | - | Director |
P&L
August 2023turnover
231.3k
+1%
operating profit
-6.8k
0%
gross margin
18%
+3.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
147
-0.98%
total assets
22k
-0.13%
cash
13.1k
+0.03%
net assets
Total assets minus all liabilities
Similar Companies
onnik m limited company details
company number
10326503
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41201 - Construction of commercial buildings
incorporation date
August 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
8 betoyne close, billericay, CM11 2JQ
Bank
-
Legal Advisor
-
onnik m 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 onnik m limited.
onnik m limited Companies House Filings - See Documents
| date | description | view/download |
|---|
