opti247 limited
opti247 limited Company Information
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
3 priestly gardens, woking, GU22 9YZ
Website
-opti247 limited Estimated Valuation
Pomanda estimates the enterprise value of OPTI247 LIMITED at £47.9k based on a Turnover of £171.3k and 0.28x industry multiple (adjusted for size and gross margin).
opti247 limited Estimated Valuation
Pomanda estimates the enterprise value of OPTI247 LIMITED at £17.4k based on an EBITDA of £5.3k and a 3.29x industry multiple (adjusted for size and gross margin).
opti247 limited Estimated Valuation
Pomanda estimates the enterprise value of OPTI247 LIMITED at £0 based on Net Assets of £-16.1k and 2.77x industry multiple (adjusted for liquidity).
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Opti247 Limited Overview
Opti247 Limited is a live company located in woking, GU22 9YZ with a Companies House number of 10794294. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 2017, it's largest shareholder is nirosh patel with a 100% stake. Opti247 Limited is a young, micro sized company, Pomanda has estimated its turnover at £171.3k with healthy growth in recent years.
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Opti247 Limited Health Check
Pomanda's financial health check has awarded Opti247 Limited a 2 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 £171.3k, make it smaller than the average company (£14.9m)
- Opti247 Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.9%)
- Opti247 Limited
5.9% - Industry AVG
Production
with a gross margin of 18.2%, this company has a higher cost of product (27.3%)
- Opti247 Limited
27.3% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (5.3%)
- Opti247 Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Opti247 Limited
37 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- Opti247 Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £171.3k, this is less efficient (£366.6k)
- Opti247 Limited
£366.6k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (52 days)
- Opti247 Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 212 days, this is slower than average (33 days)
- Opti247 Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 87 days, this is in line with average (76 days)
- Opti247 Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (15 weeks)
4 weeks - Opti247 Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.6%, this is a higher level of debt than the average (47.4%)
124.6% - Opti247 Limited
47.4% - Industry AVG
OPTI247 LIMITED financials
Opti247 Limited's latest turnover from June 2023 is estimated at £171.3 thousand and the company has net assets of -£16.1 thousand. According to their latest financial statements, we estimate that Opti247 Limited has 1 employee and maintains cash reserves of £7.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | May 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,658 | 2,211 | 488 | |||
| Intangible Assets | ||||||
| Investments & Other | 100 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,658 | 2,211 | 488 | 100 | ||
| Stock & work in progress | 33,682 | 33,682 | 33,682 | 32,682 | ||
| Trade Debtors | 22,710 | 7,505 | 13,627 | 4,483 | 28,650 | 15,954 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 7,418 | 27,913 | 24,855 | 21,787 | ||
| misc current assets | ||||||
| total current assets | 63,810 | 69,100 | 72,164 | 58,952 | 28,650 | 15,954 |
| total assets | 65,468 | 71,311 | 72,652 | 58,952 | 28,750 | 15,954 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 81,548 | 91,609 | 87,676 | 79,217 | 53,597 | 11,520 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 81,548 | 91,609 | 87,676 | 79,217 | 53,597 | 11,520 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 81,548 | 91,609 | 87,676 | 79,217 | 53,597 | 11,520 |
| net assets | -16,080 | -20,298 | -15,024 | -20,265 | -24,847 | 4,434 |
| total shareholders funds | -16,080 | -20,298 | -15,024 | -20,265 | -24,847 | 4,434 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 553 | 737 | 162 | |||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 1,000 | 32,682 | ||||
| Debtors | 15,205 | -6,122 | 9,144 | -24,167 | 12,696 | 15,954 |
| Creditors | -10,061 | 3,933 | 8,459 | 25,620 | 42,077 | 11,520 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -100 | 100 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -20,495 | 3,058 | 3,068 | 21,787 | ||
| overdraft | ||||||
| change in cash | -20,495 | 3,058 | 3,068 | 21,787 |
opti247 limited Credit Report and Business Information
Opti247 Limited Competitor Analysis
Perform a competitor analysis for opti247 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in GU22 area or any other competitors across 12 key performance metrics.
opti247 limited Ownership
OPTI247 LIMITED group structure
Opti247 Limited has no subsidiary companies.
Ultimate parent company
OPTI247 LIMITED
10794294
opti247 limited directors
Opti247 Limited currently has 1 director, Mr Nirosh Patel serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nirosh Patel | United Kingdom | 49 years | May 2017 | - | Director |
P&L
June 2023turnover
171.3k
+19%
operating profit
4.7k
0%
gross margin
18.2%
-0.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-16.1k
-0.21%
total assets
65.5k
-0.08%
cash
7.4k
-0.73%
net assets
Total assets minus all liabilities
opti247 limited company details
company number
10794294
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2023
previous names
N/A
accountant
JAFFER & CO
auditor
-
address
3 priestly gardens, woking, GU22 9YZ
Bank
-
Legal Advisor
-
opti247 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 opti247 limited.
opti247 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.
Click to start generating capital raising & share issue transactions for OPTI247 LIMITED. This can take several minutes, an email will notify you when this has completed.
opti247 limited Companies House Filings - See Documents
| date | description | view/download |
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