ose european ltd
ose european ltd Company Information
Company Number
11391131
Website
www.oseeuro.comRegistered Address
87 station road, ashington, northumberland, NE63 8RS
Industry
Freight transport by road
Telephone
441912246710
Next Accounts Due
April 2025
Group Structure
View All
Directors
Keith Stearman1 Years
Shareholders
peter hunt 90%
keith stearman 10%
ose european ltd Estimated Valuation
Pomanda estimates the enterprise value of OSE EUROPEAN LTD at £2.8m based on a Turnover of £5.9m and 0.47x industry multiple (adjusted for size and gross margin).
ose european ltd Estimated Valuation
Pomanda estimates the enterprise value of OSE EUROPEAN LTD at £437k based on an EBITDA of £101.9k and a 4.29x industry multiple (adjusted for size and gross margin).
ose european ltd Estimated Valuation
Pomanda estimates the enterprise value of OSE EUROPEAN LTD at £403.5k based on Net Assets of £160.7k and 2.51x industry multiple (adjusted for liquidity).
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Ose European Ltd Overview
Ose European Ltd is a live company located in northumberland, NE63 8RS with a Companies House number of 11391131. It operates in the freight transport by road sector, SIC Code 49410. Founded in May 2018, it's largest shareholder is peter hunt with a 90% stake. Ose European Ltd is a young, mid sized company, Pomanda has estimated its turnover at £5.9m with high growth in recent years.
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Ose European Ltd Health Check
Pomanda's financial health check has awarded Ose European Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £5.9m, make it smaller than the average company (£8.3m)
- Ose European Ltd
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.4%)
- Ose European Ltd
8.4% - Industry AVG
Production
with a gross margin of 22.2%, this company has a comparable cost of product (22.2%)
- Ose European Ltd
22.2% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.7%)
- Ose European Ltd
5.7% - Industry AVG
Employees
with 61 employees, this is similar to the industry average (56)
61 - Ose European Ltd
56 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Ose European Ltd
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £96.9k, this is less efficient (£130.3k)
- Ose European Ltd
£130.3k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (53 days)
- Ose European Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (30 days)
- Ose European Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ose European Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Ose European Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.6%, this is a higher level of debt than the average (61.7%)
91.6% - Ose European Ltd
61.7% - Industry AVG
OSE EUROPEAN LTD financials
Ose European Ltd's latest turnover from July 2023 is estimated at £5.9 million and the company has net assets of £160.7 thousand. According to their latest financial statements, Ose European Ltd has 61 employees and maintains cash reserves of £8.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| 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 | 61 | 40 | 47 | 36 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 309,054 | 136,329 | 58,788 | 52,489 | 57,156 |
| Intangible Assets | 0 | 978 | 2,022 | 3,066 | 4,110 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 309,054 | 137,307 | 60,810 | 55,555 | 61,266 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,116,876 | 1,296,641 | 1,044,303 | 517,611 | 556,158 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 476,832 | 449,657 | 220,425 | 135,441 | 82,614 |
| Cash | 8,860 | 33,949 | 42,930 | 156,801 | 19,579 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,602,568 | 1,780,247 | 1,307,658 | 809,853 | 658,351 |
| total assets | 1,911,622 | 1,917,554 | 1,368,468 | 865,408 | 719,617 |
| Bank overdraft | 10,014 | 10,014 | 10,014 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 174,388 | 168,886 | 155,349 | 85,561 | 11,402 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 104,232 | 24,242 | 0 | 4,024 | 15,780 |
| other current liabilities | 1,325,227 | 1,478,607 | 1,093,050 | 713,664 | 631,288 |
| total current liabilities | 1,613,861 | 1,681,749 | 1,258,413 | 803,249 | 658,470 |
| loans | 17,733 | 27,557 | 38,322 | 50,000 | 0 |
| hp & lease commitments | 119,324 | 40,485 | 0 | 0 | 5,860 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 25,331 | 10,289 | 9,973 | 8,812 |
| total long term liabilities | 137,057 | 93,373 | 48,611 | 59,973 | 14,672 |
| total liabilities | 1,750,918 | 1,775,122 | 1,307,024 | 863,222 | 673,142 |
| net assets | 160,704 | 142,432 | 61,444 | 2,186 | 46,475 |
| total shareholders funds | 160,704 | 142,432 | 61,444 | 2,186 | 46,475 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 74,056 | 23,421 | 14,398 | 14,187 | 22,493 |
| Amortisation | 978 | 1,044 | 1,044 | 1,044 | 1,137 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -152,590 | 481,570 | 611,676 | 14,280 | 638,772 |
| Creditors | 5,502 | 13,537 | 69,788 | 74,159 | 11,402 |
| Accruals and Deferred Income | -153,380 | 385,557 | 379,386 | 82,376 | 631,288 |
| Deferred Taxes & Provisions | -25,331 | 15,042 | 316 | 1,161 | 8,812 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,824 | -10,765 | -11,678 | 50,000 | 0 |
| Hire Purchase and Lease Commitments | 158,829 | 64,727 | -4,024 | -17,616 | 21,640 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -25,089 | -8,981 | -113,871 | 137,222 | 19,579 |
| overdraft | 0 | 0 | 10,014 | 0 | 0 |
| change in cash | -25,089 | -8,981 | -123,885 | 137,222 | 19,579 |
ose european ltd Credit Report and Business Information
Ose European Ltd Competitor Analysis
Perform a competitor analysis for ose european ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in NE63 area or any other competitors across 12 key performance metrics.
ose european ltd Ownership
OSE EUROPEAN LTD group structure
Ose European Ltd has no subsidiary companies.
Ultimate parent company
OSE EUROPEAN LTD
11391131
ose european ltd directors
Ose European Ltd currently has 1 director, Mr Keith Stearman serving since Aug 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Stearman | 70 years | Aug 2023 | - | Director |
P&L
July 2023turnover
5.9m
+12%
operating profit
26.9k
0%
gross margin
22.3%
+4.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
160.7k
+0.13%
total assets
1.9m
0%
cash
8.9k
-0.74%
net assets
Total assets minus all liabilities
ose european ltd company details
company number
11391131
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
dfh transport ltd (June 2018)
accountant
PETER WELDON AND CO LTD
auditor
-
address
87 station road, ashington, northumberland, NE63 8RS
Bank
-
Legal Advisor
-
ose european 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 found 3 charges/mortgages relating to ose european ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
ose european ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
