Pomanda estimates the enterprise value of OC TEC LIMITED at £55.6k based on a Turnover of £116.7k and 0.48x industry multiple (adjusted for size and gross margin).
oc tec limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of OC TEC LIMITED at £0 based on an EBITDA of £-122k and a 3.01x industry multiple (adjusted for size and gross margin).
oc tec limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of OC TEC LIMITED at £0 based on Net Assets of £-584.8k and 1.97x industry multiple (adjusted for liquidity).
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Oc Tec LimitedOverview
Oc Tec Limited is a live company located in england, BD21 1SD with a Companies House number of 11213541. It operates in the manufacture of other textiles n.e.c. sector, SIC Code 13990. Founded in February 2018, it's largest shareholder is
bd21 capital llp
with a 99% stake. Oc Tec Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£116.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Oc Tec Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
8 Weak
Size
annual sales of £116.7k, make it smaller than the average company (£11.1m)
£116.7k - Oc Tec Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.2%)
8% - Oc Tec Limited
3.2% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)
29.1% - Oc Tec Limited
29.1% - Industry AVG
Profitability
an operating margin of -123.1% make it less profitable than the average company (2.5%)
-123.1% - Oc Tec Limited
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (63)
1 - Oc Tec Limited
63 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Oc Tec Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £116.7k, this is less efficient (£148.5k)
£116.7k - Oc Tec Limited
£148.5k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (43 days)
58 days - Oc Tec Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (41 days)
34 days - Oc Tec Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oc Tec Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Oc Tec Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 389.5%, this is a higher level of debt than the average (43.1%)
389.5% - Oc Tec Limited
43.1% - Industry AVG
OC TEC LIMITED financials
EXPORT
Oc Tec Limited's latest turnover from March 2024 is estimated at £116.7 thousand and the company has net assets of -£584.8 thousand. According to their latest financial statements, we estimate that Oc Tec Limited has 1 employee and maintains cash reserves of £11.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
116,662
105,656
140,431
93,902
76,811
8,033
Other Income Or Grants
Cost Of Sales
82,675
73,453
95,866
67,988
54,629
5,657
Gross Profit
33,987
32,202
44,566
25,914
22,181
2,376
Admin Expenses
177,660
220,893
114,205
63,822
93,637
66,331
Operating Profit
-143,673
-188,691
-69,639
-37,908
-71,456
-63,955
Interest Payable
6,172
4,496
2,961
2,675
2,675
1,480
Interest Receivable
418
228
58
12
26
142
Pre-Tax Profit
-149,427
-192,959
-72,541
-40,572
-74,105
-65,293
Tax
Profit After Tax
-149,427
-192,959
-72,541
-40,572
-74,105
-65,293
Dividends Paid
Retained Profit
-149,427
-192,959
-72,541
-40,572
-74,105
-65,293
Employee Costs
30,509
28,429
62,879
29,272
31,728
29,982
Number Of Employees
1
1
2
1
1
1
EBITDA*
-122,039
-167,798
-50,152
-22,100
-69,294
-63,955
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
136,643
157,991
164,243
173,619
130,373
71,656
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
136,643
157,991
164,243
173,619
130,373
71,656
Stock & work in progress
3,661
3,661
3,661
Trade Debtors
18,733
26,223
29,468
25,042
16,897
Group Debtors
Misc Debtors
35,064
35,557
74,170
73,669
8,160
100
Cash
11,535
4,385
6,333
9,212
14,235
37,949
misc current assets
total current assets
65,332
69,826
113,632
111,584
39,292
38,049
total assets
201,975
227,817
277,875
285,203
169,665
109,705
Bank overdraft
65,860
43,860
43,860
43,860
43,860
43,860
Bank loan
Trade Creditors
7,809
7,591
11,235
4,088
2,417
1,416
Group/Directors Accounts
711,503
610,136
463,578
401,870
261,186
128,872
other short term finances
hp & lease commitments
other current liabilities
1,600
1,600
1,613
5,255
1,500
750
total current liabilities
786,772
663,187
520,286
455,073
308,963
174,898
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
786,772
663,187
520,286
455,073
308,963
174,898
net assets
-584,797
-435,370
-242,411
-169,870
-139,298
-65,193
total shareholders funds
-584,797
-435,370
-242,411
-169,870
-139,298
-65,193
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
-143,673
-188,691
-69,639
-37,908
-71,456
-63,955
Depreciation
21,634
20,893
19,487
15,808
2,162
Amortisation
Tax
Stock
-3,661
3,661
Debtors
-7,983
-41,858
4,927
73,654
24,957
100
Creditors
218
-3,644
7,147
1,671
1,001
1,416
Accruals and Deferred Income
-13
-3,642
3,755
750
750
Deferred Taxes & Provisions
Cash flow from operations
-110,177
-129,597
-51,574
-93,989
-92,500
-61,889
Investing Activities
capital expenditure
-286
-14,641
-10,111
-59,054
-60,879
-71,656
Change in Investments
cash flow from investments
-286
-14,641
-10,111
-59,054
-60,879
-71,656
Financing Activities
Bank loans
Group/Directors Accounts
101,367
146,558
61,708
140,684
132,314
128,872
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10,000
100
interest
-5,754
-4,268
-2,903
-2,663
-2,649
-1,338
cash flow from financing
95,613
142,290
58,805
148,021
129,665
127,634
cash and cash equivalents
cash
7,150
-1,948
-2,879
-5,023
-23,714
37,949
overdraft
22,000
43,860
change in cash
-14,850
-1,948
-2,879
-5,023
-23,714
-5,911
oc tec limited 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 oc tec limited. Get real-time insights into oc tec limited's credit score, group structure and payment trends.
Perform a competitor analysis for oc tec limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BD21 area or any other competitors across 12 key performance metrics.
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 oc tec limited.
oc tec 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.
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oc tec limitedCompanies House Filings - See Documents
