ora europe ltd
ora europe ltd Company Information
Company Number
10886790
Website
-Registered Address
10 john street, london, WC1N 2EB
Industry
Research and experimental development on biotechnology
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ora llc. 100%
ora europe ltd Estimated Valuation
Pomanda estimates the enterprise value of ORA EUROPE LTD at £3.7m based on a Turnover of £2.7m and 1.39x industry multiple (adjusted for size and gross margin).
ora europe ltd Estimated Valuation
Pomanda estimates the enterprise value of ORA EUROPE LTD at £2.1m based on an EBITDA of £370.9k and a 5.57x industry multiple (adjusted for size and gross margin).
ora europe ltd Estimated Valuation
Pomanda estimates the enterprise value of ORA EUROPE LTD at £2.2m based on Net Assets of £953.2k and 2.29x industry multiple (adjusted for liquidity).
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Ora Europe Ltd Overview
Ora Europe Ltd is a live company located in london, WC1N 2EB with a Companies House number of 10886790. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in July 2017, it's largest shareholder is ora llc. with a 100% stake. Ora Europe Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.
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Ora Europe Ltd Health Check
Pomanda's financial health check has awarded Ora Europe Ltd 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
2 Regular
5 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£4.2m)
- Ora Europe Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (14.1%)
- Ora Europe Ltd
14.1% - Industry AVG
Production
with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)
- Ora Europe Ltd
54.3% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (-7%)
- Ora Europe Ltd
-7% - Industry AVG
Employees
with 29 employees, this is below the industry average (53)
29 - Ora Europe Ltd
53 - Industry AVG
Pay Structure
on an average salary of £82.4k, the company has an equivalent pay structure (£82.4k)
- Ora Europe Ltd
£82.4k - Industry AVG
Efficiency
resulting in sales per employee of £92.1k, this is less efficient (£130.9k)
- Ora Europe Ltd
£130.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ora Europe Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (58 days)
- Ora Europe Ltd
58 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ora Europe Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (32 weeks)
5 weeks - Ora Europe Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.1%, this is a lower level of debt than the average (54%)
36.1% - Ora Europe Ltd
54% - Industry AVG
ORA EUROPE LTD financials
Ora Europe Ltd's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of £953.2 thousand. According to their latest financial statements, Ora Europe Ltd has 29 employees and maintains cash reserves of £52.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 29 | 33 | 14 | 9 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 3,359 | 8,250 | 10,799 | 0 |
| 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 | 0 | 0 | 3,359 | 8,250 | 10,799 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 17,813 | 0 |
| Group Debtors | 1,351,767 | 1,093,773 | 3,259,554 | 2,137,858 | 634,813 | 125,515 |
| Misc Debtors | 86,891 | 131,862 | 83,000 | 83,680 | 38,413 | 15,502 |
| Cash | 52,162 | 24,212 | 15,945 | 11,781 | 21,829 | 7,597 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,490,820 | 1,249,847 | 3,358,499 | 2,233,319 | 712,868 | 148,614 |
| total assets | 1,490,820 | 1,249,847 | 3,361,858 | 2,241,569 | 723,667 | 148,614 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 71,335 | 166,126 | 100,478 | 7,106 | 28,882 | 0 |
| Group/Directors Accounts | 0 | 0 | 2,528,494 | 1,848,203 | 459,908 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 466,335 | 410,164 | 329,848 | 136,982 | 41,096 | 28,805 |
| total current liabilities | 537,670 | 576,290 | 2,958,820 | 1,992,291 | 529,886 | 28,805 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 1,567 | 1,568 | 2,052 | 0 |
| total long term liabilities | 0 | 0 | 1,567 | 1,568 | 2,052 | 0 |
| total liabilities | 537,670 | 576,290 | 2,960,387 | 1,993,859 | 531,938 | 28,805 |
| net assets | 953,150 | 673,557 | 401,471 | 247,710 | 191,729 | 119,809 |
| total shareholders funds | 953,150 | 673,557 | 401,471 | 247,710 | 191,729 | 119,809 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 3,359 | 4,891 | 4,890 | 1,533 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 213,023 | -2,116,919 | 1,121,016 | 1,530,499 | 550,022 | 141,017 |
| Creditors | -94,791 | 65,648 | 93,372 | -21,776 | 28,882 | 0 |
| Accruals and Deferred Income | 56,171 | 80,316 | 192,866 | 95,886 | 12,291 | 28,805 |
| Deferred Taxes & Provisions | 0 | -1,567 | -1 | -484 | 2,052 | 0 |
| 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 | 0 | -2,528,494 | 680,291 | 1,388,295 | 459,908 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 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 | 27,950 | 8,267 | 4,164 | -10,048 | 14,232 | 7,597 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 27,950 | 8,267 | 4,164 | -10,048 | 14,232 | 7,597 |
ora europe ltd Credit Report and Business Information
Ora Europe Ltd Competitor Analysis
Perform a competitor analysis for ora europe ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
ora europe ltd Ownership
ORA EUROPE LTD group structure
Ora Europe Ltd has no subsidiary companies.
Ultimate parent company
ORA EUROPE LTD
10886790
ora europe ltd directors
Ora Europe Ltd currently has 3 directors. The longest serving directors include Mr Nate Speicher (Jun 2023) and Mrs Trisha Koria (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nate Speicher | United Kingdom | 40 years | Jun 2023 | - | Director |
| Mrs Trisha Koria | United Kingdom | 36 years | Jul 2024 | - | Director |
| Mr Paul Colvin | United Kingdom | 55 years | Aug 2024 | - | Director |
P&L
December 2023turnover
2.7m
-16%
operating profit
370.9k
0%
gross margin
54.3%
+0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
953.2k
+0.42%
total assets
1.5m
+0.19%
cash
52.2k
+1.15%
net assets
Total assets minus all liabilities
ora europe ltd company details
company number
10886790
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
July 2017
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
OURY CLARK
auditor
-
address
10 john street, london, WC1N 2EB
Bank
-
Legal Advisor
-
ora europe 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 did not find charges/mortgages relating to ora europe ltd.
ora europe ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
