otc europe services limited
otc europe services limited Company Information
Company Number
12835359
Website
-Registered Address
5th floor 10 finsbury square, london, EC2A 1AF
Industry
Security and commodity contracts brokerage
Telephone
02077268601
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
otc europe holdings limited 100%
otc europe services limited Estimated Valuation
Pomanda estimates the enterprise value of OTC EUROPE SERVICES LIMITED at £29.7m based on a Turnover of £20.4m and 1.45x industry multiple (adjusted for size and gross margin).
otc europe services limited Estimated Valuation
Pomanda estimates the enterprise value of OTC EUROPE SERVICES LIMITED at £8m based on an EBITDA of £1.5m and a 5.25x industry multiple (adjusted for size and gross margin).
otc europe services limited Estimated Valuation
Pomanda estimates the enterprise value of OTC EUROPE SERVICES LIMITED at £554.9k based on Net Assets of £1.5m and 0.38x industry multiple (adjusted for liquidity).
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Otc Europe Services Limited Overview
Otc Europe Services Limited is a live company located in london, EC2A 1AF with a Companies House number of 12835359. It operates in the security and commodity contracts dealing activities sector, SIC Code 66120. Founded in August 2020, it's largest shareholder is otc europe holdings limited with a 100% stake. Otc Europe Services Limited is a startup, large sized company, Pomanda has estimated its turnover at £20.4m with unknown growth in recent years.
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Otc Europe Services Limited Health Check
Pomanda's financial health check has awarded Otc Europe Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
4 Weak
Size
annual sales of £20.4m, make it larger than the average company (£8.7m)
£20.4m - Otc Europe Services Limited
£8.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Otc Europe Services Limited
- - Industry AVG
Production
with a gross margin of 78.4%, this company has a comparable cost of product (78.4%)
78.4% - Otc Europe Services Limited
78.4% - Industry AVG
Profitability
an operating margin of 4.8% make it less profitable than the average company (10.8%)
4.8% - Otc Europe Services Limited
10.8% - Industry AVG
Employees
with 60 employees, this is above the industry average (15)
60 - Otc Europe Services Limited
15 - Industry AVG
Pay Structure
on an average salary of £286.3k, the company has a higher pay structure (£126k)
£286.3k - Otc Europe Services Limited
£126k - Industry AVG
Efficiency
resulting in sales per employee of £340.7k, this is equally as efficient (£392.1k)
£340.7k - Otc Europe Services Limited
£392.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Otc Europe Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (51 days)
10 days - Otc Europe Services Limited
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Otc Europe Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Otc Europe Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.8%, this is a higher level of debt than the average (40.5%)
82.8% - Otc Europe Services Limited
40.5% - Industry AVG
OTC EUROPE SERVICES LIMITED financials
Otc Europe Services Limited's latest turnover from March 2023 is £20.4 million and the company has net assets of £1.5 million. According to their latest financial statements, Otc Europe Services Limited has 60 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Turnover | 20,443,305 | 16,862,188 | 10,017,888 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | 985,984 | 862,154 | 461,779 |
| Interest Payable | 11,999 | 64,042 | 0 |
| Interest Receivable | 0 | 0 | 15,263 |
| Pre-Tax Profit | 973,985 | 798,112 | 477,042 |
| Tax | -367,899 | -289,660 | -123,632 |
| Profit After Tax | 606,086 | 508,452 | 353,410 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 606,086 | 508,452 | 353,410 |
| Employee Costs | 17,180,310 | 14,189,132 | 9,296,029 |
| Number Of Employees | 60 | 57 | 56 |
| EBITDA* | 1,519,640 | 1,344,241 | 479,685 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 1,267,554 | 1,288,574 | 1,685,661 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 116,716 | 252,979 | 389,243 |
| Total Fixed Assets | 1,384,270 | 1,541,553 | 2,074,904 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 6,774,437 | 5,077,690 | 4,183,598 |
| Misc Debtors | 354,885 | 294,102 | 208,708 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 7,129,322 | 5,371,792 | 4,392,306 |
| total assets | 8,513,592 | 6,913,345 | 6,467,210 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 127,723 | 96,816 | 3,653 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 6,917,919 | 5,954,665 | 6,110,145 |
| total current liabilities | 7,045,642 | 6,051,481 | 6,113,798 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 7,045,642 | 6,051,481 | 6,113,798 |
| net assets | 1,467,950 | 861,864 | 353,412 |
| total shareholders funds | 1,467,950 | 861,864 | 353,412 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 985,984 | 862,154 | 461,779 |
| Depreciation | 0 | 0 | 0 |
| Amortisation | 533,656 | 482,087 | 17,906 |
| Tax | -367,899 | -289,660 | -123,632 |
| Stock | 0 | 0 | 0 |
| Debtors | 1,621,267 | 843,222 | 4,781,549 |
| Creditors | 30,907 | 93,163 | 3,653 |
| Accruals and Deferred Income | 963,254 | -155,480 | 6,110,145 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | 524,635 | 149,042 | 1,688,302 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -11,999 | -64,042 | 15,263 |
| cash flow from financing | -11,999 | -64,042 | 15,265 |
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
otc europe services limited Credit Report and Business Information
Otc Europe Services Limited Competitor Analysis
Perform a competitor analysis for otc europe services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2A area or any other competitors across 12 key performance metrics.
otc europe services limited Ownership
OTC EUROPE SERVICES LIMITED group structure
Otc Europe Services Limited has no subsidiary companies.
Ultimate parent company
OTC EUROPE HOLDINGS CORP
#0146917
2 parents
OTC EUROPE SERVICES LIMITED
12835359
otc europe services limited directors
Otc Europe Services Limited currently has 2 directors. The longest serving directors include Mr Enrique Loya (Aug 2020) and Mr Joseph Kelly Jnr (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Enrique Loya | England | 55 years | Aug 2020 | - | Director |
| Mr Joseph Kelly Jnr | United Kingdom | 53 years | Aug 2020 | - | Director |
P&L
March 2023turnover
20.4m
+21%
operating profit
986k
+14%
gross margin
78.5%
+0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.5m
+0.7%
total assets
8.5m
+0.23%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
otc europe services limited company details
company number
12835359
Type
Private limited with Share Capital
industry
66120 - Security and commodity contracts brokerage
incorporation date
August 2020
age
4
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
5th floor 10 finsbury square, london, EC2A 1AF
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
otc europe services 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 found 2 charges/mortgages relating to otc europe services limited. Currently there are 1 open charges and 1 have been satisfied in the past.
otc europe services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
