orka technology group ltd
orka technology group ltd Company Information
Company Number
10396842
Next Accounts
194 days late
Shareholders
npif nw equity (gp) limited (acting in its capacity as general partner of npif nw equity lp)
mnl nominees limited
View AllGroup Structure
View All
Industry
Other information service activities n.e.c.
+2Registered Address
7400 daresbury park, daresbury, warrington, cheshire, WA4 4BS
Website
broadstoneapp.comorka technology group ltd Estimated Valuation
Pomanda estimates the enterprise value of ORKA TECHNOLOGY GROUP LTD at £1.9m based on a Turnover of £3.5m and 0.53x industry multiple (adjusted for size and gross margin).
orka technology group ltd Estimated Valuation
Pomanda estimates the enterprise value of ORKA TECHNOLOGY GROUP LTD at £0 based on an EBITDA of £-2.1m and a 4.15x industry multiple (adjusted for size and gross margin).
orka technology group ltd Estimated Valuation
Pomanda estimates the enterprise value of ORKA TECHNOLOGY GROUP LTD at £805k based on Net Assets of £429.2k and 1.88x industry multiple (adjusted for liquidity).
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Orka Technology Group Ltd Overview
Orka Technology Group Ltd is a live company located in warrington, WA4 4BS with a Companies House number of 10396842. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in September 2016, it's largest shareholder is npif nw equity (gp) limited (acting in its capacity as general partner of npif nw equity lp) with a 34.6% stake. Orka Technology Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.5m with rapid growth in recent years.
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Orka Technology Group Ltd Health Check
Pomanda's financial health check has awarded Orka Technology Group Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £3.5m, make it smaller than the average company (£5m)
- Orka Technology Group Ltd
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (5.2%)
- Orka Technology Group Ltd
5.2% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
- Orka Technology Group Ltd
36.6% - Industry AVG
Profitability
an operating margin of -58.9% make it less profitable than the average company (4.8%)
- Orka Technology Group Ltd
4.8% - Industry AVG
Employees
with 37 employees, this is below the industry average (58)
37 - Orka Technology Group Ltd
58 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)
- Orka Technology Group Ltd
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £95.5k, this is equally as efficient (£109.1k)
- Orka Technology Group Ltd
£109.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Orka Technology Group Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (19 days)
- Orka Technology Group Ltd
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Orka Technology Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (31 weeks)
22 weeks - Orka Technology Group Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.7%, this is a similar level of debt than the average (58.3%)
57.7% - Orka Technology Group Ltd
58.3% - Industry AVG
ORKA TECHNOLOGY GROUP LTD financials
Orka Technology Group Ltd's latest turnover from December 2022 is estimated at £3.5 million and the company has net assets of £429.2 thousand. According to their latest financial statements, Orka Technology Group Ltd has 37 employees and maintains cash reserves of £248.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 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 | 37 | 30 | 28 | 14 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,886 | 682 | 2,215 | 5,011 | 4,883 | |
| Intangible Assets | 37,640 | 8,075 | 1,950 | |||
| Investments & Other | 102 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 47,628 | 8,757 | 4,165 | 5,011 | 4,883 | |
| Stock & work in progress | ||||||
| Trade Debtors | 178,071 | 4,254 | ||||
| Group Debtors | 311,311 | 394,556 | ||||
| Misc Debtors | 406,116 | 281,134 | 439,806 | 166,669 | ||
| Cash | 248,843 | 310,145 | 668,778 | 295,184 | ||
| misc current assets | ||||||
| total current assets | 966,270 | 985,835 | 1,108,584 | 461,853 | 178,071 | 4,254 |
| total assets | 1,013,898 | 994,592 | 1,112,749 | 466,864 | 182,954 | 4,254 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 100,730 | 43,108 | 69,634 | 39,510 | 32,165 | 22,898 |
| Group/Directors Accounts | 188,513 | 282,396 | 667,037 | 138,418 | ||
| other short term finances | 2,415 | 2,703 | ||||
| hp & lease commitments | ||||||
| other current liabilities | 295,483 | 1,027,906 | 93,846 | 23,488 | ||
| total current liabilities | 584,726 | 1,355,825 | 833,220 | 201,416 | 32,165 | 22,898 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 1,563,420 | 907,299 | ||||
| provisions | ||||||
| total long term liabilities | 1,563,420 | 907,299 | ||||
| total liabilities | 584,726 | 2,919,245 | 1,740,519 | 201,416 | 32,165 | 22,898 |
| net assets | 429,172 | -1,924,653 | -627,770 | 265,448 | 150,789 | -18,644 |
| total shareholders funds | 429,172 | -1,924,653 | -627,770 | 265,448 | 150,789 | -18,644 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 2,622 | 1,533 | 2,796 | 2,964 | ||
| Amortisation | 10,435 | 3,230 | ||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 41,737 | 235,884 | 273,137 | -11,402 | 173,817 | 4,254 |
| Creditors | 57,622 | -26,526 | 30,124 | 7,345 | 9,267 | 22,898 |
| Accruals and Deferred Income | -732,423 | 934,060 | 70,358 | 23,488 | ||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 102 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -93,883 | -384,641 | 528,619 | 138,418 | ||
| Other Short Term Loans | -2,415 | -288 | 2,703 | |||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -1,563,420 | 656,121 | 907,299 | |||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -61,302 | -358,633 | 373,594 | 295,184 | ||
| overdraft | ||||||
| change in cash | -61,302 | -358,633 | 373,594 | 295,184 |
orka technology group ltd Credit Report and Business Information
Orka Technology Group Ltd Competitor Analysis
Perform a competitor analysis for orka technology group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WA4 area or any other competitors across 12 key performance metrics.
orka technology group ltd Ownership
ORKA TECHNOLOGY GROUP LTD group structure
Orka Technology Group Ltd has 3 subsidiary companies.
Ultimate parent company
ORKA TECHNOLOGY GROUP LTD
10396842
3 subsidiaries
orka technology group ltd directors
Orka Technology Group Ltd currently has 3 directors. The longest serving directors include Mr Thomas Pickersgill (Sep 2016) and Mr James Doyle (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Pickersgill | 37 years | Sep 2016 | - | Director | |
| Mr James Doyle | United Kingdom | 52 years | Jul 2018 | - | Director |
| Mr James Darlington | United Kingdom | 35 years | Mar 2022 | - | Director |
P&L
December 2022turnover
3.5m
+33%
operating profit
-2.1m
0%
gross margin
36.6%
-1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
429.2k
-1.22%
total assets
1m
+0.02%
cash
248.8k
-0.2%
net assets
Total assets minus all liabilities
orka technology group ltd company details
company number
10396842
Type
Private limited with Share Capital
industry
80100 - Private security activities
63990 - Other information service activities n.e.c.
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
broadstone engage limited (May 2020)
accountant
-
auditor
-
address
7400 daresbury park, daresbury, warrington, cheshire, WA4 4BS
Bank
-
Legal Advisor
-
orka technology group 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 found 2 charges/mortgages relating to orka technology group ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
orka technology group 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.
Click to start generating capital raising & share issue transactions for ORKA TECHNOLOGY GROUP LTD. This can take several minutes, an email will notify you when this has completed.
orka technology group ltd Companies House Filings - See Documents
| date | description | view/download |
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