carpenter court 1 maple road, bramhall, stockport, cheshire, SK7 2DH
Website
-
optic-mi ltdEstimated Valuation
£283
Pomanda estimates the enterprise value of OPTIC-MI LTD at £283 based on a Turnover of £365 and 0.78x industry multiple (adjusted for size and gross margin).
optic-mi ltdEstimated Valuation
£10.2k
Pomanda estimates the enterprise value of OPTIC-MI LTD at £10.2k based on an EBITDA of £2.2k and a 4.62x industry multiple (adjusted for size and gross margin).
optic-mi ltdEstimated Valuation
£183.8k
Pomanda estimates the enterprise value of OPTIC-MI LTD at £183.8k based on Net Assets of £78k and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Optic-mi LtdOverview
Optic-mi Ltd is a live company located in stockport, SK7 2DH with a Companies House number of 11028126. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2017, it's largest shareholder is
lindsey calderbank
with a 55% stake. Optic-mi Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£365.8 with
declining
growth in recent years.
Pomanda's financial health check has awarded Optic-Mi Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £365.8, make it smaller than the average company (£4.6m)
£365.8 - Optic-mi Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -67%, show it is growing at a slower rate (12.3%)
-67% - Optic-mi Ltd
12.3% - Industry AVG
Production
with a gross margin of 72.2%, this company has a comparable cost of product (72.2%)
72.2% - Optic-mi Ltd
72.2% - Industry AVG
Profitability
an operating margin of 558.1% make it more profitable than the average company (3.9%)
558.1% - Optic-mi Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
1 - Optic-mi Ltd
40 - Industry AVG
Pay Structure
on an average salary of £70k, the company has an equivalent pay structure (£70k)
£70k - Optic-mi Ltd
£70k - Industry AVG
Efficiency
resulting in sales per employee of £365.8, this is less efficient (£127.5k)
£365.8 - Optic-mi Ltd
£127.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Optic-mi Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 538 days, this is slower than average (41 days)
538 days - Optic-mi Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Optic-mi Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 886 weeks, this is more cash available to meet short term requirements (17 weeks)
886 weeks - Optic-mi Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (61.5%)
2% - Optic-mi Ltd
61.5% - Industry AVG
OPTIC-MI LTD financials
EXPORT
Optic-Mi Ltd's latest turnover from October 2024 is estimated at £366 and the company has net assets of £78 thousand. According to their latest financial statements, we estimate that Optic-Mi Ltd has 1 employee and maintains cash reserves of £27.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Turnover
366
9,279
3,070
10,347
1,602
Other Income Or Grants
Cost Of Sales
102
2,614
851
2,794
442
Gross Profit
264
6,665
2,219
7,553
1,160
Admin Expenses
-1,778
-32,410
-27,970
29,837
59,825
Operating Profit
2,042
39,075
30,189
-22,284
-58,665
Interest Payable
Interest Receivable
2,156
2,290
332
3
2
Pre-Tax Profit
4,197
41,365
30,521
-22,281
-58,663
Tax
-1,049
-10,341
-5,799
Profit After Tax
3,148
31,024
24,722
-22,281
-58,663
Dividends Paid
Retained Profit
3,148
31,024
24,722
-22,281
-58,663
Employee Costs
70,033
66,881
62,967
57,727
55,617
Number Of Employees
1
1
1
1
1
EBITDA*
2,209
39,242
30,189
-22,284
-58,665
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Tangible Assets
173
340
Intangible Assets
25,556
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
25,729
340
Stock & work in progress
Trade Debtors
1,568
579
2,063
Group Debtors
Misc Debtors
26,706
25,000
25,100
25,100
116,345
100,000
100,000
Cash
27,105
59,128
28,116
1,423
4,902
misc current assets
total current assets
53,811
85,696
53,795
28,586
121,247
100,000
100,000
total assets
79,540
86,036
53,795
28,586
121,247
100,000
100,000
Bank overdraft
Bank loan
Trade Creditors
150
375
8
713
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,440
11,234
9,642
9,522
79,197
total current liabilities
1,590
11,234
10,017
9,530
79,910
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,590
11,234
10,017
9,530
79,910
net assets
77,950
74,802
43,778
19,056
41,337
100,000
100,000
total shareholders funds
77,950
74,802
43,778
19,056
41,337
100,000
100,000
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Operating Activities
Operating Profit
2,042
39,075
30,189
-22,284
-58,665
Depreciation
167
167
Amortisation
Tax
-1,049
-10,341
-5,799
Stock
Debtors
138
889
-1,484
-89,182
16,345
100,000
Creditors
150
-375
367
-705
713
Accruals and Deferred Income
-9,794
1,592
120
-69,675
79,197
Deferred Taxes & Provisions
Cash flow from operations
-8,622
29,229
26,361
-3,482
4,900
-100,000
Investing Activities
capital expenditure
-25,556
-507
Change in Investments
cash flow from investments
-25,556
-507
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
100,000
interest
2,156
2,290
332
3
2
cash flow from financing
2,156
2,290
332
3
2
100,000
cash and cash equivalents
cash
-32,023
31,012
26,693
-3,479
4,902
overdraft
change in cash
-32,023
31,012
26,693
-3,479
4,902
optic-mi ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for optic-mi ltd. Get real-time insights into optic-mi ltd's credit score, group structure and payment trends.
Perform a competitor analysis for optic-mi ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SK7 area or any other competitors across 12 key performance metrics.
optic-mi ltd Ownership
OPTIC-MI LTD group structure
Optic-Mi Ltd has no subsidiary companies.
Ultimate parent company
OPTIC-MI LTD
11028126
OPTIC-MI LTD Shareholders
The largest shareholders in Optic-Mi Ltd include Lindsey Calderbank and Claire Sharp.
lindsey calderbank
55%
claire sharp
15%
moira calderbank
15%
peter ramsey
15%
optic-mi ltd directors
Optic-Mi Ltd currently has 4 directors.
The longest serving directors include
Mrs Lindsey Calderbank (Oct 2017) and
Mrs Claire Sharp (Oct 2017).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2024
net assets
78k
+0.04%
total assets
79.5k
-0.08%
cash
27.1k
-0.54%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
optic-mi ltd company details
company number
11028126
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2024
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
carpenter court 1 maple road, bramhall, stockport, cheshire, SK7 2DH
Bank
-
Legal Advisor
-
optic-mi 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 optic-mi ltd.
optic-mi 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-MI LTD. This can take several minutes, an email will notify you when this has completed.
optic-mi ltdCompanies House Filings - See Documents
