omec consumer products limited
omec consumer products limited Company Information
Company Number
11531144
Next Accounts
Jun 2025
Shareholders
omec holdings limited
Group Structure
View All
Industry
Manufacture of other electrical equipment
Registered Address
108 ripon way, borehamwood, hertfordshire, WD6 2JA
Website
-omec consumer products limited Estimated Valuation
Pomanda estimates the enterprise value of OMEC CONSUMER PRODUCTS LIMITED at £138.8k based on a Turnover of £245.7k and 0.56x industry multiple (adjusted for size and gross margin).
omec consumer products limited Estimated Valuation
Pomanda estimates the enterprise value of OMEC CONSUMER PRODUCTS LIMITED at £0 based on an EBITDA of £-232.4k and a 4.01x industry multiple (adjusted for size and gross margin).
omec consumer products limited Estimated Valuation
Pomanda estimates the enterprise value of OMEC CONSUMER PRODUCTS LIMITED at £0 based on Net Assets of £-351.6k and 2.01x industry multiple (adjusted for liquidity).
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Omec Consumer Products Limited Overview
Omec Consumer Products Limited is a live company located in hertfordshire, WD6 2JA with a Companies House number of 11531144. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in August 2018, it's largest shareholder is omec holdings limited with a 100% stake. Omec Consumer Products Limited is a young, micro sized company, Pomanda has estimated its turnover at £245.7k with declining growth in recent years.
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Omec Consumer Products Limited Health Check
Pomanda's financial health check has awarded Omec Consumer Products Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
9 Weak
Size
annual sales of £245.7k, make it smaller than the average company (£12.8m)
- Omec Consumer Products Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (4.6%)
- Omec Consumer Products Limited
4.6% - Industry AVG
Production
with a gross margin of 34.6%, this company has a comparable cost of product (34.6%)
- Omec Consumer Products Limited
34.6% - Industry AVG
Profitability
an operating margin of -95.1% make it less profitable than the average company (6.5%)
- Omec Consumer Products Limited
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (76)
3 - Omec Consumer Products Limited
76 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Omec Consumer Products Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £81.9k, this is less efficient (£170.1k)
- Omec Consumer Products Limited
£170.1k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (66 days)
- Omec Consumer Products Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (48 days)
- Omec Consumer Products Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 512 days, this is more than average (116 days)
- Omec Consumer Products Limited
116 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Omec Consumer Products Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 201.1%, this is a higher level of debt than the average (42.3%)
201.1% - Omec Consumer Products Limited
42.3% - Industry AVG
OMEC CONSUMER PRODUCTS LIMITED financials
Omec Consumer Products Limited's latest turnover from September 2023 is estimated at £245.7 thousand and the company has net assets of -£351.6 thousand. According to their latest financial statements, Omec Consumer Products Limited has 3 employees and maintains cash reserves of £47 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 3 | 4 | 3 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,645 | 3,845 | 1,396 | ||
| Intangible Assets | 9,413 | ||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 12,058 | 3,845 | 1,396 | ||
| Stock & work in progress | 225,657 | 264,209 | 29,461 | ||
| Trade Debtors | 6,473 | 485 | 14,468 | ||
| Group Debtors | 32 | 100 | 100 | ||
| Misc Debtors | 56,455 | 37,475 | 9,704 | ||
| Cash | 46,991 | 83,387 | 351,746 | ||
| misc current assets | |||||
| total current assets | 335,576 | 385,588 | 405,379 | 100 | 100 |
| total assets | 347,634 | 389,433 | 406,775 | 100 | 100 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 2,947 | 45,174 | 3,030 | ||
| Group/Directors Accounts | 659,590 | 440,260 | 413,047 | ||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 36,708 | 25,470 | 3,768 | ||
| total current liabilities | 699,245 | 510,904 | 419,845 | ||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 699,245 | 510,904 | 419,845 | ||
| net assets | -351,611 | -121,471 | -13,070 | 100 | 100 |
| total shareholders funds | -351,611 | -121,471 | -13,070 | 100 | 100 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,200 | 791 | 128 | ||
| Amortisation | |||||
| Tax | |||||
| Stock | -38,552 | 234,748 | 29,461 | ||
| Debtors | 24,936 | 13,820 | 24,072 | 100 | |
| Creditors | -42,227 | 42,144 | 3,030 | ||
| Accruals and Deferred Income | 11,238 | 21,702 | 3,768 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 219,330 | 27,213 | 413,047 | ||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -36,396 | -268,359 | 351,746 | ||
| overdraft | |||||
| change in cash | -36,396 | -268,359 | 351,746 |
omec consumer products limited Credit Report and Business Information
Omec Consumer Products Limited Competitor Analysis
Perform a competitor analysis for omec consumer products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
omec consumer products limited Ownership
OMEC CONSUMER PRODUCTS LIMITED group structure
Omec Consumer Products Limited has no subsidiary companies.
omec consumer products limited directors
Omec Consumer Products Limited currently has 3 directors. The longest serving directors include Mr Clifford Cooper (Aug 2018) and Mr Charles Cooper (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clifford Cooper | England | 82 years | Aug 2018 | - | Director |
| Mr Charles Cooper | 37 years | Aug 2018 | - | Director | |
| Mr Andrew Cooper | United Kingdom | 58 years | May 2020 | - | Director |
P&L
September 2023turnover
245.7k
-28%
operating profit
-233.6k
0%
gross margin
34.7%
+0.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-351.6k
+1.89%
total assets
347.6k
-0.11%
cash
47k
-0.44%
net assets
Total assets minus all liabilities
omec consumer products limited company details
company number
11531144
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
108 ripon way, borehamwood, hertfordshire, WD6 2JA
Bank
-
Legal Advisor
-
omec consumer products limited 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 omec consumer products limited.
omec consumer products 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.
Click to start generating capital raising & share issue transactions for OMEC CONSUMER PRODUCTS LIMITED. This can take several minutes, an email will notify you when this has completed.
omec consumer products limited Companies House Filings - See Documents
| date | description | view/download |
|---|
