orion warehouse services ltd
orion warehouse services ltd Company Information
Company Number
13557566
Website
-Registered Address
9 cabot lane, poole, BH17 7BY
Industry
Operation of warehousing and storage facilities for land transport activities of division 49
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Michael Last2 Years
Shareholders
nlc group of companies limited 100%
orion warehouse services ltd Estimated Valuation
Pomanda estimates the enterprise value of ORION WAREHOUSE SERVICES LTD at £981k based on a Turnover of £3.4m and 0.29x industry multiple (adjusted for size and gross margin).
orion warehouse services ltd Estimated Valuation
Pomanda estimates the enterprise value of ORION WAREHOUSE SERVICES LTD at £0 based on an EBITDA of £-378k and a 2.3x industry multiple (adjusted for size and gross margin).
orion warehouse services ltd Estimated Valuation
Pomanda estimates the enterprise value of ORION WAREHOUSE SERVICES LTD at £0 based on Net Assets of £-1.9m and 2x industry multiple (adjusted for liquidity).
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Orion Warehouse Services Ltd Overview
Orion Warehouse Services Ltd is a live company located in poole, BH17 7BY with a Companies House number of 13557566. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in August 2021, it's largest shareholder is nlc group of companies limited with a 100% stake. Orion Warehouse Services Ltd is a startup, small sized company, Pomanda has estimated its turnover at £3.4m with unknown growth in recent years.
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Orion Warehouse Services Ltd Health Check
Pomanda's financial health check has awarded Orion Warehouse Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£10.5m)
£3.4m - Orion Warehouse Services Ltd
£10.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Orion Warehouse Services Ltd
- - Industry AVG
Production
with a gross margin of 12%, this company has a higher cost of product (34.7%)
12% - Orion Warehouse Services Ltd
34.7% - Industry AVG
Profitability
an operating margin of -21% make it less profitable than the average company (6.4%)
-21% - Orion Warehouse Services Ltd
6.4% - Industry AVG
Employees
with 28 employees, this is below the industry average (60)
28 - Orion Warehouse Services Ltd
60 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Orion Warehouse Services Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £119.7k, this is less efficient (£154.6k)
£119.7k - Orion Warehouse Services Ltd
£154.6k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (48 days)
10 days - Orion Warehouse Services Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (37 days)
5 days - Orion Warehouse Services Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is in line with average (3 days)
4 days - Orion Warehouse Services Ltd
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Orion Warehouse Services Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 126.1%, this is a higher level of debt than the average (59.8%)
126.1% - Orion Warehouse Services Ltd
59.8% - Industry AVG
ORION WAREHOUSE SERVICES LTD financials
Orion Warehouse Services Ltd's latest turnover from December 2022 is £3.4 million and the company has net assets of -£1.9 million. According to their latest financial statements, Orion Warehouse Services Ltd has 28 employees and maintains cash reserves of £328.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Turnover | 3,350,478 | 139,313 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 2,948,065 | 642,470 |
| Gross Profit | 402,413 | -503,157 |
| Admin Expenses | 1,105,786 | 247,397 |
| Operating Profit | -703,373 | -750,554 |
| Interest Payable | 249,628 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -953,001 | -750,554 |
| Tax | -220,919 | 2,034 |
| Profit After Tax | -1,173,920 | -748,520 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -1,173,920 | -748,520 |
| Employee Costs | ||
| Number Of Employees | 28 | 4 |
| EBITDA* | -377,975 | -739,383 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 3,353,015 | 2,412,696 |
| Intangible Assets | 184,362 | 39,678 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 3,537,377 | 2,452,374 |
| Stock & work in progress | 35,309 | 40,331 |
| Trade Debtors | 98,598 | 0 |
| Group Debtors | 3,196,334 | 139,313 |
| Misc Debtors | 158,207 | 492,397 |
| Cash | 328,663 | 16,001 |
| misc current assets | 0 | 0 |
| total current assets | 3,817,111 | 688,042 |
| total assets | 7,354,488 | 3,140,416 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 47,897 | 169,135 |
| Group/Directors Accounts | 7,098,110 | 2,942,273 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 360,045 | 118,583 |
| other current liabilities | 175,223 | 96,033 |
| total current liabilities | 7,681,275 | 3,326,024 |
| loans | 0 | 0 |
| hp & lease commitments | 1,376,668 | 562,812 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 218,885 | 0 |
| total long term liabilities | 1,595,553 | 562,812 |
| total liabilities | 9,276,828 | 3,888,836 |
| net assets | -1,922,340 | -748,420 |
| total shareholders funds | -1,922,340 | -748,420 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -703,373 | -750,554 |
| Depreciation | 325,398 | 11,171 |
| Amortisation | 0 | 0 |
| Tax | -220,919 | 2,034 |
| Stock | -5,022 | 40,331 |
| Debtors | 2,821,429 | 631,710 |
| Creditors | -121,238 | 169,135 |
| Accruals and Deferred Income | 79,190 | 96,033 |
| Deferred Taxes & Provisions | 218,885 | 0 |
| Cash flow from operations | -3,238,464 | -1,144,222 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 4,155,837 | 2,942,273 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,055,318 | 681,395 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -249,628 | 0 |
| cash flow from financing | 4,961,527 | 3,623,768 |
| cash and cash equivalents | ||
| cash | 312,662 | 16,001 |
| overdraft | 0 | 0 |
| change in cash | 312,662 | 16,001 |
orion warehouse services ltd Credit Report and Business Information
Orion Warehouse Services Ltd Competitor Analysis
Perform a competitor analysis for orion warehouse services ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
orion warehouse services ltd Ownership
ORION WAREHOUSE SERVICES LTD group structure
Orion Warehouse Services Ltd has no subsidiary companies.
Ultimate parent company
1 parent
ORION WAREHOUSE SERVICES LTD
13557566
orion warehouse services ltd directors
Orion Warehouse Services Ltd currently has 1 director, Mr Michael Last serving since Aug 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Last | United Kingdom | 55 years | Aug 2021 | - | Director |
P&L
December 2022turnover
3.4m
+2305%
operating profit
-703.4k
-6%
gross margin
12.1%
-103.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.9m
+1.57%
total assets
7.4m
+1.34%
cash
328.7k
+19.54%
net assets
Total assets minus all liabilities
Similar Companies
orion warehouse services ltd company details
company number
13557566
Type
Private limited with Share Capital
industry
52103 - Operation of warehousing and storage facilities for land transport activities of division 49
incorporation date
August 2021
age
3
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
9 cabot lane, poole, BH17 7BY
last accounts submitted
December 2022
orion warehouse services 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 1 charges/mortgages relating to orion warehouse services ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
orion warehouse services ltd Companies House Filings - See Documents
| date | description | view/download |
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