olenick global ltd
olenick global ltd Company Information
Company Number
NI611669
Next Accounts
Sep 2025
Shareholders
quantum holding uk bidco limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
suite 167 21 botanic avenue, belfast, BT7 1JJ
Website
www.olenick.comolenick global ltd Estimated Valuation
Pomanda estimates the enterprise value of OLENICK GLOBAL LTD at £191.8k based on a Turnover of £275k and 0.7x industry multiple (adjusted for size and gross margin).
olenick global ltd Estimated Valuation
Pomanda estimates the enterprise value of OLENICK GLOBAL LTD at £0 based on an EBITDA of £-25k and a 4.92x industry multiple (adjusted for size and gross margin).
olenick global ltd Estimated Valuation
Pomanda estimates the enterprise value of OLENICK GLOBAL LTD at £377.2k based on Net Assets of £165k and 2.29x industry multiple (adjusted for liquidity).
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Olenick Global Ltd Overview
Olenick Global Ltd is a live company located in belfast, BT7 1JJ with a Companies House number of NI611669. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2012, it's largest shareholder is quantum holding uk bidco limited with a 100% stake. Olenick Global Ltd is a established, micro sized company, Pomanda has estimated its turnover at £275k with declining growth in recent years.
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Olenick Global Ltd Health Check
Pomanda's financial health check has awarded Olenick Global Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £275k, make it smaller than the average company (£3.2m)
£275k - Olenick Global Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (8.5%)
- Olenick Global Ltd
8.5% - Industry AVG
Production
with a gross margin of 49.5%, this company has a comparable cost of product (45.5%)
49.5% - Olenick Global Ltd
45.5% - Industry AVG
Profitability
an operating margin of -41.1% make it less profitable than the average company (5.8%)
-41.1% - Olenick Global Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
1 - Olenick Global Ltd
22 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£63.1k)
£53k - Olenick Global Ltd
£63.1k - Industry AVG
Efficiency
resulting in sales per employee of £275k, this is more efficient (£139.1k)
£275k - Olenick Global Ltd
£139.1k - Industry AVG
Debtor Days
it gets paid by customers after 1317 days, this is later than average (61 days)
1317 days - Olenick Global Ltd
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Olenick Global Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Olenick Global Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Olenick Global Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84%, this is a higher level of debt than the average (58.8%)
84% - Olenick Global Ltd
58.8% - Industry AVG
OLENICK GLOBAL LTD financials
Olenick Global Ltd's latest turnover from December 2023 is £275 thousand and the company has net assets of £165 thousand. According to their latest financial statements, Olenick Global Ltd has 1 employee and maintains cash reserves of £40 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 275,000 | 261,000 | 450,000 | |||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 139,000 | 280,000 | 217,000 | |||||||||
| Gross Profit | 136,000 | -19,000 | 233,000 | |||||||||
| Admin Expenses | 249,000 | 70,000 | 117,000 | |||||||||
| Operating Profit | -113,000 | -89,000 | 116,000 | |||||||||
| Interest Payable | 1,000 | 1,000 | ||||||||||
| Interest Receivable | 2,000 | |||||||||||
| Pre-Tax Profit | -112,000 | -90,000 | 116,000 | |||||||||
| Tax | -30,000 | 129,000 | ||||||||||
| Profit After Tax | -142,000 | 39,000 | 116,000 | |||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | -142,000 | 39,000 | 116,000 | |||||||||
| Employee Costs | 53,000 | 264,000 | 330,000 | |||||||||
| Number Of Employees | 1 | 6 | 7 | 19 | 23 | 17 | 14 | 10 | 9 | |||
| EBITDA* | -25,000 | -89,000 | 154,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 88,000 | 88,000 | 66,204 | 85,739 | 100,832 | 8,098 | 3,104 | 4,480 | 6,853 | 7,539 | 2,444 | |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 88,000 | 88,000 | 66,204 | 85,739 | 100,832 | 8,098 | 3,104 | 4,480 | 6,853 | 7,539 | 2,444 | |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 993,000 | 112,000 | 36,000 | 456,900 | 269,830 | 140,083 | 127,576 | 3,583 | 5,575 | |||
| Group Debtors | 182,000 | 82,000 | ||||||||||
| Misc Debtors | 284,000 | 384,000 | 17,205 | 6,649 | 10,699 | 3,128 | ||||||
| Cash | 40,000 | 572,000 | 93,000 | 74,706 | 39,084 | 74,301 | 38,685 | 21,267 | 18,022 | 7,839 | 4,827 | 9,704 |
| misc current assets | 11,000 | |||||||||||
| total current assets | 1,033,000 | 1,150,000 | 606,000 | 531,606 | 308,914 | 214,384 | 183,466 | 27,916 | 28,721 | 10,967 | 8,410 | 15,279 |
| total assets | 1,033,000 | 1,238,000 | 694,000 | 597,810 | 394,653 | 315,216 | 191,564 | 31,020 | 33,201 | 17,820 | 15,949 | 17,723 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 77,312 | 67,678 | 48,587 | 22,531 | 201,018 | 70,046 | ||||||
| Group/Directors Accounts | 812,000 | 775,000 | 310,000 | 404,829 | ||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 56,000 | 156,000 | 116,000 | 14,304 | 18,360 | 15,172 | 4,205 | |||||
| total current liabilities | 868,000 | 931,000 | 426,000 | 77,312 | 67,678 | 48,587 | 36,835 | 18,360 | 15,172 | 409,034 | 201,018 | 70,046 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 44,283 | |||||||||||
| provisions | ||||||||||||
| total long term liabilities | 44,283 | |||||||||||
| total liabilities | 868,000 | 931,000 | 426,000 | 121,595 | 67,678 | 48,587 | 36,835 | 18,360 | 15,172 | 409,034 | 201,018 | 70,046 |
| net assets | 165,000 | 307,000 | 268,000 | 476,215 | 326,975 | 266,629 | 154,729 | 12,660 | 18,029 | -391,214 | -185,069 | -52,323 |
| total shareholders funds | 165,000 | 307,000 | 268,000 | 476,215 | 326,975 | 266,629 | 154,729 | 12,660 | 18,029 | -391,214 | -185,069 | -52,323 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -113,000 | -89,000 | 116,000 | |||||||||
| Depreciation | 88,000 | 38,000 | 25,036 | 23,912 | 6,852 | 2,583 | 2,386 | 2,373 | 2,171 | 1,204 | 162 | |
| Amortisation | ||||||||||||
| Tax | -30,000 | 129,000 | ||||||||||
| Stock | ||||||||||||
| Debtors | 415,000 | 76,000 | 45,100 | 187,070 | 129,747 | -4,698 | 138,132 | -4,050 | 7,571 | -455 | -1,992 | 5,575 |
| Creditors | -77,312 | 9,634 | 19,091 | 26,056 | 22,531 | -201,018 | 130,972 | 70,046 | ||||
| Accruals and Deferred Income | -100,000 | 40,000 | 116,000 | -14,304 | -4,056 | 3,188 | 10,967 | 4,205 | ||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | -570,000 | 4,000 | 147,588 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 37,000 | 465,000 | 310,000 | -404,829 | 404,829 | |||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -44,283 | 44,283 | ||||||||||
| share issue | ||||||||||||
| interest | 1,000 | -1,000 | ||||||||||
| cash flow from financing | 38,000 | 464,000 | -58,498 | |||||||||
| cash and cash equivalents | ||||||||||||
| cash | -532,000 | 479,000 | 18,294 | 35,622 | -35,217 | 35,616 | 17,418 | 3,245 | 10,183 | 3,012 | -4,877 | 9,704 |
| overdraft | ||||||||||||
| change in cash | -532,000 | 479,000 | 18,294 | 35,622 | -35,217 | 35,616 | 17,418 | 3,245 | 10,183 | 3,012 | -4,877 | 9,704 |
olenick global ltd Credit Report and Business Information
Olenick Global Ltd Competitor Analysis
Perform a competitor analysis for olenick global ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BT7 area or any other competitors across 12 key performance metrics.
olenick global ltd Ownership
OLENICK GLOBAL LTD group structure
Olenick Global Ltd has no subsidiary companies.
Ultimate parent company
2 parents
OLENICK GLOBAL LTD
NI611669
olenick global ltd directors
Olenick Global Ltd currently has 2 directors. The longest serving directors include Mr Christopher Wilmot (Apr 2021) and Mr James Feller (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Wilmot | England | 51 years | Apr 2021 | - | Director |
| Mr James Feller | England | 42 years | Apr 2021 | - | Director |
P&L
December 2023turnover
275k
+5%
operating profit
-113k
+27%
gross margin
49.5%
-779.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
165k
-0.46%
total assets
1m
-0.17%
cash
40k
-0.93%
net assets
Total assets minus all liabilities
olenick global ltd company details
company number
NI611669
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
suite 167 21 botanic avenue, belfast, BT7 1JJ
Bank
HSBC BANK PLC
Legal Advisor
-
olenick global 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 did not find charges/mortgages relating to olenick global ltd.
olenick global 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.
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olenick global ltd Companies House Filings - See Documents
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