optic-comm ltd
optic-comm ltd Company Information
Company Number
10561683
Next Accounts
Dec 2024
Industry
Other personal service activities n.e.c.
Shareholders
robert dowling
paul haynes
Group Structure
View All
Contact
Registered Address
gloucester house, gloucester road, bristol, BS11 9AQ
Website
-optic-comm ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIC-COMM LTD at £1.4m based on a Turnover of £1.9m and 0.72x industry multiple (adjusted for size and gross margin).
optic-comm ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIC-COMM LTD at £0 based on an EBITDA of £-2.6k and a 4.29x industry multiple (adjusted for size and gross margin).
optic-comm ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIC-COMM LTD at £224.6k based on Net Assets of £114k and 1.97x industry multiple (adjusted for liquidity).
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Optic-comm Ltd Overview
Optic-comm Ltd is a live company located in bristol, BS11 9AQ with a Companies House number of 10561683. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2017, it's largest shareholder is robert dowling with a 50% stake. Optic-comm Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.9m with low growth in recent years.
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Optic-comm Ltd Health Check
Pomanda's financial health check has awarded Optic-Comm Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £1.9m, make it larger than the average company (£831.5k)
- Optic-comm Ltd
£831.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.3%)
- Optic-comm Ltd
5.3% - Industry AVG
Production
with a gross margin of 40.8%, this company has a comparable cost of product (40.8%)
- Optic-comm Ltd
40.8% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (6.5%)
- Optic-comm Ltd
6.5% - Industry AVG
Employees
with 34 employees, this is above the industry average (14)
34 - Optic-comm Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has an equivalent pay structure (£28.2k)
- Optic-comm Ltd
£28.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.5k, this is less efficient (£72.4k)
- Optic-comm Ltd
£72.4k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (28 days)
- Optic-comm Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (40 days)
- Optic-comm Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is in line with average (36 days)
- Optic-comm Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (59 weeks)
10 weeks - Optic-comm Ltd
59 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.2%, this is a higher level of debt than the average (40.4%)
77.2% - Optic-comm Ltd
40.4% - Industry AVG
OPTIC-COMM LTD financials
Optic-Comm Ltd's latest turnover from March 2023 is estimated at £1.9 million and the company has net assets of £114 thousand. According to their latest financial statements, Optic-Comm Ltd has 34 employees and maintains cash reserves of £35 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| 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 | 34 | 30 | 30 | 25 | 24 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 144,607 | 50,521 | 14,924 | 20,137 | 27,058 | 863 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 144,607 | 50,521 | 14,924 | 20,137 | 27,058 | 863 |
| Stock & work in progress | 101,346 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 199,694 | 112,490 | 112,490 | 146,055 | 55,000 | 60,038 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,357 | 74,006 | 51,104 | 3,286 | 12,819 | 21,206 |
| Cash | 34,999 | 35,597 | 5,642 | 0 | 12,824 | 1,342 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 354,396 | 222,093 | 169,236 | 149,341 | 80,643 | 82,586 |
| total assets | 499,003 | 272,614 | 184,160 | 169,478 | 107,701 | 83,449 |
| Bank overdraft | 45,000 | 13,247 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 73,257 | 0 | 0 | 0 | 0 | 7,836 |
| Group/Directors Accounts | 3,247 | 526 | 0 | 145 | 937 | 0 |
| other short term finances | 0 | 0 | 4,513 | 38,459 | 4,512 | 0 |
| hp & lease commitments | 15,086 | 3,762 | 0 | 0 | 0 | 0 |
| other current liabilities | 35,841 | 58,957 | 123,475 | 118,631 | 58,583 | 51,711 |
| total current liabilities | 172,431 | 76,492 | 127,988 | 157,235 | 64,032 | 59,547 |
| loans | 162,917 | 29,948 | 53,251 | 7,763 | 12,249 | 0 |
| hp & lease commitments | 37,228 | 10,347 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 12,452 | 2,107 | 2,836 | 3,826 | 5,141 | 164 |
| total long term liabilities | 212,597 | 42,402 | 56,087 | 11,589 | 17,390 | 164 |
| total liabilities | 385,028 | 118,894 | 184,075 | 168,824 | 81,422 | 59,711 |
| net assets | 113,975 | 153,720 | 85 | 654 | 26,279 | 23,738 |
| total shareholders funds | 113,975 | 153,720 | 85 | 654 | 26,279 | 23,738 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 25,755 | 6,353 | 5,213 | 6,921 | 5,651 | 288 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 101,346 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 31,555 | 22,902 | 14,253 | 81,522 | -13,425 | 81,244 |
| Creditors | 73,257 | 0 | 0 | 0 | -7,836 | 7,836 |
| Accruals and Deferred Income | -23,116 | -64,518 | 4,844 | 60,048 | 6,872 | 51,711 |
| Deferred Taxes & Provisions | 10,345 | -729 | -990 | -1,315 | 4,977 | 164 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,721 | 526 | -145 | -792 | 937 | 0 |
| Other Short Term Loans | 0 | -4,513 | -33,946 | 33,947 | 4,512 | 0 |
| Long term loans | 132,969 | -23,303 | 45,488 | -4,486 | 12,249 | 0 |
| Hire Purchase and Lease Commitments | 38,205 | 14,109 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -598 | 29,955 | 5,642 | -12,824 | 11,482 | 1,342 |
| overdraft | 31,753 | 13,247 | 0 | 0 | 0 | 0 |
| change in cash | -32,351 | 16,708 | 5,642 | -12,824 | 11,482 | 1,342 |
optic-comm ltd Credit Report and Business Information
Optic-comm Ltd Competitor Analysis
Perform a competitor analysis for optic-comm ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in BS11 area or any other competitors across 12 key performance metrics.
optic-comm ltd Ownership
OPTIC-COMM LTD group structure
Optic-Comm Ltd has no subsidiary companies.
Ultimate parent company
OPTIC-COMM LTD
10561683
optic-comm ltd directors
Optic-Comm Ltd currently has 2 directors. The longest serving directors include Mr Robert Dowling (Jan 2017) and Mr Paul Haynes (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Dowling | United Kingdom | 35 years | Jan 2017 | - | Director |
| Mr Paul Haynes | England | 56 years | Oct 2021 | - | Director |
P&L
March 2023turnover
1.9m
+11%
operating profit
-28.4k
0%
gross margin
40.8%
+3.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
114k
-0.26%
total assets
499k
+0.83%
cash
35k
-0.02%
net assets
Total assets minus all liabilities
optic-comm ltd company details
company number
10561683
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
NEWSHAM HANSON ACCOUNTANTS LIMITED
auditor
-
address
gloucester house, gloucester road, bristol, BS11 9AQ
Bank
-
Legal Advisor
-
optic-comm 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 optic-comm ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
optic-comm 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 OPTIC-COMM LTD. This can take several minutes, an email will notify you when this has completed.
optic-comm ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
