orka works ltd
orka works ltd Company Information
Company Number
11790747
Next Accounts
76 days late
Industry
Private security activities
Temporary employment agency activities
Shareholders
orka technology group ltd
Group Structure
View All
Contact
Registered Address
7400 daresbury park, daresbury, warrington, cheshire, WA4 4BS
Website
orka.worksorka works ltd Estimated Valuation
Pomanda estimates the enterprise value of ORKA WORKS LTD at £7.8m based on a Turnover of £16.7m and 0.47x industry multiple (adjusted for size and gross margin).
orka works ltd Estimated Valuation
Pomanda estimates the enterprise value of ORKA WORKS LTD at £0 based on an EBITDA of £-27k and a 5.08x industry multiple (adjusted for size and gross margin).
orka works ltd Estimated Valuation
Pomanda estimates the enterprise value of ORKA WORKS LTD at £523.3k based on Net Assets of £274.9k and 1.9x industry multiple (adjusted for liquidity).
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Orka Works Ltd Overview
Orka Works Ltd is a live company located in warrington, WA4 4BS with a Companies House number of 11790747. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in January 2019, it's largest shareholder is orka technology group ltd with a 100% stake. Orka Works Ltd is a young, mid sized company, Pomanda has estimated its turnover at £16.7m with rapid growth in recent years.
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Orka Works Ltd Health Check
Pomanda's financial health check has awarded Orka Works Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £16.7m, make it larger than the average company (£9m)
- Orka Works Ltd
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of 105%, show it is growing at a faster rate (1.7%)
- Orka Works Ltd
1.7% - Industry AVG
Production
with a gross margin of 18.6%, this company has a comparable cost of product (18.6%)
- Orka Works Ltd
18.6% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (3.1%)
- Orka Works Ltd
3.1% - Industry AVG
Employees
with 367 employees, this is above the industry average (74)
367 - Orka Works Ltd
74 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
- Orka Works Ltd
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £45.6k, this is less efficient (£165.1k)
- Orka Works Ltd
£165.1k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (51 days)
- Orka Works Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (9 days)
- Orka Works Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Orka Works Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Orka Works Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.4%, this is a similar level of debt than the average (71.7%)
73.4% - Orka Works Ltd
71.7% - Industry AVG
ORKA WORKS LTD financials
Orka Works Ltd's latest turnover from December 2022 is estimated at £16.7 million and the company has net assets of £274.9 thousand. According to their latest financial statements, Orka Works Ltd has 367 employees and maintains cash reserves of £456 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 367 | 331 | 151 | 16 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 378 | 378 | 0 |
| Total Fixed Assets | 0 | 378 | 378 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 640,848 | 810,951 | 504,651 | 256,245 |
| Group Debtors | 188,513 | 282,396 | 667,037 | 138,418 |
| Misc Debtors | 203,485 | 103,726 | 39,343 | 9,064 |
| Cash | 456 | 0 | 1,913 | 1,644 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,033,302 | 1,197,073 | 1,212,944 | 405,371 |
| total assets | 1,033,302 | 1,197,451 | 1,213,322 | 405,371 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 465,399 | 297,887 | 347,238 | 72,004 |
| Trade Creditors | 3,600 | 3,165 | 0 | 0 |
| Group/Directors Accounts | 14,247 | 309,165 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 275,155 | 249,001 | 603,781 | 192,132 |
| total current liabilities | 758,401 | 859,218 | 951,019 | 264,136 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 758,401 | 859,218 | 951,019 | 264,136 |
| net assets | 274,901 | 338,233 | 262,303 | 141,235 |
| total shareholders funds | 274,901 | 338,233 | 262,303 | 141,235 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -164,605 | -13,958 | 807,682 | 403,727 |
| Creditors | 435 | 3,165 | 0 | 0 |
| Accruals and Deferred Income | 26,154 | -354,780 | 411,649 | 192,132 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 167,512 | -49,351 | 275,234 | 72,004 |
| Group/Directors Accounts | -294,918 | 309,165 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 456 | -1,913 | 269 | 1,644 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 456 | -1,913 | 269 | 1,644 |
orka works ltd Credit Report and Business Information
Orka Works Ltd Competitor Analysis
Perform a competitor analysis for orka works ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in WA4 area or any other competitors across 12 key performance metrics.
orka works ltd Ownership
ORKA WORKS LTD group structure
Orka Works Ltd has no subsidiary companies.
orka works ltd directors
Orka Works Ltd currently has 3 directors. The longest serving directors include Mr Thomas Pickersgill (Jan 2019) and Mr James Doyle (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Pickersgill | 36 years | Jan 2019 | - | Director | |
| Mr James Doyle | 52 years | Jan 2019 | - | Director | |
| Mr Thomas Pickersgill | England | 36 years | Jan 2019 | - | Director |
P&L
December 2022turnover
16.7m
+11%
operating profit
-27k
0%
gross margin
18.6%
+14.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
274.9k
-0.19%
total assets
1m
-0.14%
cash
456
0%
net assets
Total assets minus all liabilities
orka works ltd company details
company number
11790747
Type
Private limited with Share Capital
industry
80100 - Private security activities
78200 - Temporary employment agency activities
incorporation date
January 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
broadstone employment services limited (November 2020)
accountant
-
auditor
-
address
7400 daresbury park, daresbury, warrington, cheshire, WA4 4BS
Bank
-
Legal Advisor
-
orka works 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 2 charges/mortgages relating to orka works ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
orka works 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 ORKA WORKS LTD. This can take several minutes, an email will notify you when this has completed.
orka works ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
