ocj electrical ltd Company Information
Company Number
11491914
Next Accounts
37 days late
Directors
Shareholders
kevin gibbs
carla gibbs
Group Structure
View All
Industry
Electrical installation
Registered Address
bank chambers woodford avenue, ilford, IG2 6UF
Website
-ocj electrical ltd Estimated Valuation
Pomanda estimates the enterprise value of OCJ ELECTRICAL LTD at £20.6k based on a Turnover of £64.5k and 0.32x industry multiple (adjusted for size and gross margin).
ocj electrical ltd Estimated Valuation
Pomanda estimates the enterprise value of OCJ ELECTRICAL LTD at £347 based on an EBITDA of £96 and a 3.62x industry multiple (adjusted for size and gross margin).
ocj electrical ltd Estimated Valuation
Pomanda estimates the enterprise value of OCJ ELECTRICAL LTD at £612 based on Net Assets of £237 and 2.58x industry multiple (adjusted for liquidity).
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Ocj Electrical Ltd Overview
Ocj Electrical Ltd is a live company located in ilford, IG2 6UF with a Companies House number of 11491914. It operates in the electrical installation sector, SIC Code 43210. Founded in July 2018, it's largest shareholder is kevin gibbs with a 75% stake. Ocj Electrical Ltd is a young, micro sized company, Pomanda has estimated its turnover at £64.5k with declining growth in recent years.
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Ocj Electrical Ltd Health Check
Pomanda's financial health check has awarded Ocj Electrical Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
0 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
8 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £64.5k, make it smaller than the average company (£1.2m)
- Ocj Electrical Ltd
£1.2m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7%)
- Ocj Electrical Ltd
7% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 16.9%, this company has a higher cost of product (26%)
- Ocj Electrical Ltd
26% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of 0.2% make it less profitable than the average company (6.6%)
- Ocj Electrical Ltd
6.6% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (14)
2 - Ocj Electrical Ltd
14 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Ocj Electrical Ltd
£41.9k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £32.2k, this is less efficient (£134.4k)
- Ocj Electrical Ltd
£134.4k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 71 days, this is later than average (59 days)
- Ocj Electrical Ltd
59 days - Industry AVG
![creditordays](/assets/images/scoreRate1.png)
Creditor Days
its suppliers are paid after 43 days, this is close to average (43 days)
- Ocj Electrical Ltd
43 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ocj Electrical Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ocj Electrical Ltd
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (60.1%)
98.2% - Ocj Electrical Ltd
60.1% - Industry AVG
OCJ ELECTRICAL LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Ocj Electrical Ltd's latest turnover from April 2023 is estimated at £64.5 thousand and the company has net assets of £237. According to their latest financial statements, Ocj Electrical Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 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 | 2 | 2 | 2 | 2 | 2 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
---|---|---|---|---|---|
Tangible Assets | 351 | 468 | 624 | 832 | 1,110 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 351 | 468 | 624 | 832 | 1,110 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 12,703 | 14,992 | 16,911 | 11,884 | 6,661 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 12,703 | 14,992 | 16,911 | 11,884 | 6,661 |
total assets | 13,054 | 15,460 | 17,535 | 12,716 | 7,771 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 6,389 | 8,066 | 7,576 | 12,461 | 7,592 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 6,389 | 8,066 | 7,576 | 12,461 | 7,592 |
loans | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 6,428 | 7,229 | 9,822 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 6,428 | 7,229 | 9,822 | 0 | 0 |
total liabilities | 12,817 | 15,295 | 17,398 | 12,461 | 7,592 |
net assets | 237 | 165 | 137 | 255 | 179 |
total shareholders funds | 237 | 165 | 137 | 255 | 179 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | |||||
Amortisation | |||||
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | -2,289 | -1,919 | 5,027 | 5,223 | 6,661 |
Creditors | -1,677 | 490 | -4,885 | 4,869 | 7,592 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -801 | -2,593 | 9,822 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 |
ocj electrical ltd Credit Report and Business Information
Ocj Electrical Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for ocj electrical ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in IG2 area or any other competitors across 12 key performance metrics.
ocj electrical ltd Ownership
OCJ ELECTRICAL LTD group structure
Ocj Electrical Ltd has no subsidiary companies.
Ultimate parent company
OCJ ELECTRICAL LTD
11491914
ocj electrical ltd directors
Ocj Electrical Ltd currently has 1 director, Mr Kevin Gibbs serving since Jul 2018.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kevin Gibbs | United Kingdom | 37 years | Jul 2018 | - | Director |
P&L
April 2023turnover
64.5k
-10%
operating profit
96
0%
gross margin
17%
-1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
237
+0.44%
total assets
13.1k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
ocj electrical ltd company details
company number
11491914
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
bank chambers woodford avenue, ilford, IG2 6UF
Bank
-
Legal Advisor
-
ocj electrical 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 ocj electrical ltd.
ocj electrical 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 OCJ ELECTRICAL LTD. This can take several minutes, an email will notify you when this has completed.
ocj electrical ltd Companies House Filings - See Documents
date | description | view/download |
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