ovo productions limited

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ovo productions limited Company Information

Share OVO PRODUCTIONS LIMITED

Company Number

15094859

Shareholders

adam nichols

Group Structure

View All

Industry

Performing arts

 

Registered Address

corners cambridge road, hitchin, SG4 0JU

Website

-

ovo productions limited Estimated Valuation

£512.7k

Pomanda estimates the enterprise value of OVO PRODUCTIONS LIMITED at £512.7k based on a Turnover of £1.2m and 0.43x industry multiple (adjusted for size and gross margin).

ovo productions limited Estimated Valuation

£29.3k

Pomanda estimates the enterprise value of OVO PRODUCTIONS LIMITED at £29.3k based on an EBITDA of £6k and a 4.86x industry multiple (adjusted for size and gross margin).

ovo productions limited Estimated Valuation

£6.6k

Pomanda estimates the enterprise value of OVO PRODUCTIONS LIMITED at £6.6k based on Net Assets of £4.5k and 1.45x industry multiple (adjusted for liquidity).

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Ovo Productions Limited Overview

Ovo Productions Limited is a live company located in hitchin, SG4 0JU with a Companies House number of 15094859. It operates in the performing arts sector, SIC Code 90010. Founded in August 2023, it's largest shareholder is adam nichols with a 100% stake. Ovo Productions Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.

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Ovo Productions Limited Health Check

Pomanda's financial health check has awarded Ovo Productions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£277.3k)

£1.3m - Ovo Productions Limited

£277.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Ovo Productions Limited

- - Industry AVG

production

Production

with a gross margin of 7.5%, this company has a higher cost of product (34%)

7.5% - Ovo Productions Limited

34% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it more profitable than the average company (0.4%)

2.6% - Ovo Productions Limited

0.4% - Industry AVG

employees

Employees

with 11 employees, this is above the industry average (6)

11 - Ovo Productions Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £26k, the company has an equivalent pay structure (£26k)

£26k - Ovo Productions Limited

£26k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £115.9k, this is more efficient (£72.7k)

£115.9k - Ovo Productions Limited

£72.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is later than average (9 days)

33 days - Ovo Productions Limited

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is slower than average (15 days)

28 days - Ovo Productions Limited

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ovo Productions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ovo Productions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (24.3%)

78.9% - Ovo Productions Limited

24.3% - Industry AVG

OVO PRODUCTIONS LIMITED financials

EXPORTms excel logo

Ovo Productions Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £4.5 thousand. According to their latest financial statements, Ovo Productions Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Aug 2023
Turnover1,190,7151,275,071
Other Income Or Grants00
Cost Of Sales1,100,9631,178,961
Gross Profit89,75296,111
Admin Expenses83,71762,778
Operating Profit6,03533,333
Interest Payable00
Interest Receivable00
Pre-Tax Profit6,03533,333
Tax-1,509-8,333
Profit After Tax4,52625,000
Dividends Paid00
Retained Profit4,52625,000
Employee Costs106,277286,000
Number Of Employees411
EBITDA*6,03533,333

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Aug 2023
Tangible Assets6410
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets6410
Stock & work in progress00
Trade Debtors160,980118,192
Group Debtors00
Misc Debtors00
Cash00
misc current assets00
total current assets160,980118,192
total assets161,621118,192
Bank overdraft00
Bank loan00
Trade Creditors 157,09593,192
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities157,09593,192
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities157,09593,192
net assets4,52625,000
total shareholders funds4,52625,000
Dec 2023Aug 2023
Operating Activities
Operating Profit6,03533,333
Depreciation00
Amortisation00
Tax-1,509-8,333
Stock00
Debtors160,980118,192
Creditors157,09593,192
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations6410
Investing Activities
capital expenditure-6410
Change in Investments00
cash flow from investments-6410
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue00
interest00
cash flow from financing00
cash and cash equivalents
cash00
overdraft00
change in cash00

ovo productions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ovo Productions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ovo productions limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SG4 area or any other competitors across 12 key performance metrics.

ovo productions limited Ownership

OVO PRODUCTIONS LIMITED group structure

Ovo Productions Limited has no subsidiary companies.

Ultimate parent company

OVO PRODUCTIONS LIMITED

15094859

OVO PRODUCTIONS LIMITED Shareholders

adam nichols 100%

ovo productions limited directors

Ovo Productions Limited currently has 3 directors. The longest serving directors include Mr Adam Nichols (Aug 2023) and Mr Martin Sharman (Sep 2023).

officercountryagestartendrole
Mr Adam NicholsEngland48 years Aug 2023- Director
Mr Martin SharmanEngland56 years Sep 2023- Director
Mr Martin Weisselberg82 years Sep 2023- Director

P&L

December 2023

turnover

1.2m

0%

operating profit

6k

0%

gross margin

7.6%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

4.5k

0%

total assets

161.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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ovo productions limited company details

company number

15094859

Type

Private limited with Share Capital

industry

90010 - Performing arts

incorporation date

August 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

corners cambridge road, hitchin, SG4 0JU

Bank

-

Legal Advisor

-

ovo productions 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 1 charges/mortgages relating to ovo productions limited. Currently there are 0 open charges and 1 have been satisfied in the past.

ovo productions 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.

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ovo productions limited Companies House Filings - See Documents

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