Pomanda estimates the enterprise value of OPENBRIX LTD at £40.7k based on a Turnover of £51.8k and 0.79x industry multiple (adjusted for size and gross margin).
openbrix ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OPENBRIX LTD at £0 based on an EBITDA of £-394.7k and a 4.71x industry multiple (adjusted for size and gross margin).
openbrix ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OPENBRIX LTD at £0 based on Net Assets of £-80.6k and 2.18x industry multiple (adjusted for liquidity).
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Openbrix LtdOverview
Openbrix Ltd is a live company located in bristol, BS8 4HU with a Companies House number of 11305881. It operates in the web portals sector, SIC Code 63120. Founded in April 2018, it's largest shareholder is
charolta alberteris
with a 21.6% stake. Openbrix Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£51.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Openbrix Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £51.8k, make it smaller than the average company (£2.6m)
£51.8k - Openbrix Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (13.1%)
60% - Openbrix Ltd
13.1% - Industry AVG
Production
with a gross margin of 61.5%, this company has a comparable cost of product (61.5%)
61.5% - Openbrix Ltd
61.5% - Industry AVG
Profitability
an operating margin of -765.2% make it less profitable than the average company (4.3%)
-765.2% - Openbrix Ltd
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Openbrix Ltd
20 - Industry AVG
Pay Structure
on an average salary of £60.6k, the company has an equivalent pay structure (£60.6k)
£60.6k - Openbrix Ltd
£60.6k - Industry AVG
Efficiency
resulting in sales per employee of £51.8k, this is less efficient (£137.4k)
£51.8k - Openbrix Ltd
£137.4k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (31 days)
21 days - Openbrix Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 498 days, this is slower than average (40 days)
498 days - Openbrix Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Openbrix Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is more cash available to meet short term requirements (19 weeks)
38 weeks - Openbrix Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.6%, this is a higher level of debt than the average (64.1%)
116.6% - Openbrix Ltd
64.1% - Industry AVG
OPENBRIX LTD financials
EXPORT
Openbrix Ltd's latest turnover from April 2024 is estimated at £51.8 thousand and the company has net assets of -£80.6 thousand. According to their latest financial statements, we estimate that Openbrix Ltd has 1 employee and maintains cash reserves of £387.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Turnover
51,782
59,020
1,023
12,693
Other Income Or Grants
Cost Of Sales
19,918
29,190
360
3,884
Gross Profit
31,863
29,830
663
8,809
Admin Expenses
428,097
796,511
403,041
491,033
224,472
Operating Profit
-396,234
-766,681
-402,378
-482,224
-224,472
Interest Payable
5,358
5,054
3,352
1,525
Interest Receivable
10,430
3,156
1,095
126
50
Pre-Tax Profit
-391,162
-768,579
-404,635
-483,623
-224,422
Tax
Profit After Tax
-391,162
-768,579
-404,635
-483,623
-224,422
Dividends Paid
Retained Profit
-391,162
-768,579
-404,635
-483,623
-224,422
Employee Costs
60,577
48,175
47,498
45,974
Number Of Employees
1
1
1
1
EBITDA*
-394,739
-765,394
-396,489
-478,342
-222,631
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Tangible Assets
3,885
1,650
1,672
1,150
Intangible Assets
78,697
28,010
16,566
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,885
1,650
80,369
29,160
16,566
Stock & work in progress
Trade Debtors
3,013
962
Group Debtors
Misc Debtors
91,693
94,820
60,388
89,831
12
Cash
387,636
9,688
138,827
153,111
99,211
misc current assets
total current assets
482,342
105,470
199,215
242,942
99,223
total assets
486,227
107,120
279,584
272,102
115,789
Bank overdraft
6,877
6,283
8,333
Bank loan
Trade Creditors
27,188
40,701
351
8,488
Group/Directors Accounts
3,600
other short term finances
hp & lease commitments
other current liabilities
493,688
94,613
6,000
11,197
6,044
total current liabilities
527,753
141,597
6,351
28,018
9,644
loans
39,060
43,029
49,311
41,667
hp & lease commitments
Accruals and Deferred Income
other liabilities
233,136
provisions
total long term liabilities
39,060
276,165
49,311
41,667
total liabilities
566,813
417,762
55,662
69,685
9,644
net assets
-80,586
-310,642
223,922
202,417
106,145
total shareholders funds
-80,586
-310,642
223,922
202,417
106,145
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Operating Activities
Operating Profit
-396,234
-766,681
-402,378
-482,224
-224,472
Depreciation
1,495
1,287
630
566
Amortisation
5,259
3,316
1,841
Tax
Stock
Debtors
-1,076
35,394
-29,443
89,819
12
Creditors
-13,513
40,350
-8,137
8,488
Accruals and Deferred Income
399,075
88,613
-5,197
5,153
6,044
Deferred Taxes & Provisions
Cash flow from operations
-8,101
-671,825
-380,380
-554,520
-216,599
Investing Activities
capital expenditure
-3,730
77,432
-57,098
-16,476
-18,407
Change in Investments
cash flow from investments
-3,730
77,432
-57,098
-16,476
-18,407
Financing Activities
Bank loans
Group/Directors Accounts
-3,600
3,600
Other Short Term Loans
Long term loans
-3,969
-6,282
7,644
41,667
Hire Purchase and Lease Commitments
other long term liabilities
-233,136
233,136
share issue
621,218
234,015
426,140
579,895
330,567
interest
5,072
-1,898
-2,257
-1,399
50
cash flow from financing
389,185
458,971
431,527
616,563
334,217
cash and cash equivalents
cash
377,948
-129,139
-14,284
53,900
99,211
overdraft
594
6,283
-8,333
8,333
change in cash
377,354
-135,422
-5,951
45,567
99,211
openbrix 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 openbrix ltd. Get real-time insights into openbrix ltd's credit score, group structure and payment trends.
Perform a competitor analysis for openbrix ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BS8 area or any other competitors across 12 key performance metrics.
openbrix ltd Ownership
OPENBRIX LTD group structure
Openbrix Ltd has no subsidiary companies.
Ultimate parent company
OPENBRIX LTD
11305881
OPENBRIX LTD Shareholders
The largest shareholders in Openbrix Ltd include Charolta Alberteris and Shahad Choudhury.
charolta alberteris
21.6%
shahad choudhury
18.93%
adam pigott
8.53%
the shoreditch accelerator ltd
6.31%
john reilly
5.51%
steven suttman
5.02%
phillip millo
3.76%
edward fitzallen-howard
3.49%
thomas thomas e. fox 2000 declaration of trust
3.29%
andrew halstead
3.24%
openbrix ltd directors
Openbrix Ltd currently has 10 directors.
The longest serving directors include
Mr Paul Finnigan (May 2019) and
Mr Adam Pigott (May 2019).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
-80.6k
-0.74%
total assets
486.2k
+3.54%
cash
387.6k
+39.01%
net assets
Total assets minus all liabilities
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openbrix ltd company details
company number
11305881
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
LAWES & CO
auditor
-
address
40 - 42 regent street, clifton, bristol, BS8 4HU
Bank
-
Legal Advisor
-
openbrix 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 openbrix ltd.
openbrix ltd Capital Raised & Share Issues BETA
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openbrix ltdCompanies House Filings - See Documents
