origo services limited
origo services limited Company Information
Company Number
SC115061
Next Accounts
Sep 2025
Shareholders
project source bidco limited
Group Structure
View All
Industry
Other activities auxiliary to insurance and pension funding
+1Registered Address
7 lochside view, edinburgh, EH12 9DH
Website
www.origo.comorigo services limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGO SERVICES LIMITED at £16.3m based on a Turnover of £13.6m and 1.2x industry multiple (adjusted for size and gross margin).
origo services limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGO SERVICES LIMITED at £30.4m based on an EBITDA of £4.1m and a 7.42x industry multiple (adjusted for size and gross margin).
origo services limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGO SERVICES LIMITED at £24.9m based on Net Assets of £11.2m and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Origo Services Limited Overview
Origo Services Limited is a live company located in edinburgh, EH12 9DH with a Companies House number of SC115061. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 1988, it's largest shareholder is project source bidco limited with a 100% stake. Origo Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.6m with healthy growth in recent years.
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Origo Services Limited Health Check
Pomanda's financial health check has awarded Origo Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £13.6m, make it larger than the average company (£4.5m)
£13.6m - Origo Services Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.5%)
11% - Origo Services Limited
7.5% - Industry AVG
Production
with a gross margin of 93.2%, this company has a lower cost of product (75.7%)
93.2% - Origo Services Limited
75.7% - Industry AVG
Profitability
an operating margin of 27.5% make it more profitable than the average company (6.9%)
27.5% - Origo Services Limited
6.9% - Industry AVG
Employees
with 78 employees, this is above the industry average (26)
78 - Origo Services Limited
26 - Industry AVG
Pay Structure
on an average salary of £86k, the company has a higher pay structure (£67.1k)
£86k - Origo Services Limited
£67.1k - Industry AVG
Efficiency
resulting in sales per employee of £174.1k, this is more efficient (£151.2k)
£174.1k - Origo Services Limited
£151.2k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (51 days)
12 days - Origo Services Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (48 days)
21 days - Origo Services Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Origo Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - Origo Services Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (60.2%)
49.2% - Origo Services Limited
60.2% - Industry AVG
ORIGO SERVICES LIMITED financials
Origo Services Limited's latest turnover from December 2023 is £13.6 million and the company has net assets of £11.2 million. According to their latest financial statements, Origo Services Limited has 78 employees and maintains cash reserves of £177 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,583,000 | 15,828,000 | 9,232,000 | 9,898,000 | 7,953,000 | 7,679,000 | 7,024,000 | 6,569,000 | 6,085,000 | 5,489,000 | 5,036,338 | 4,825,342 | 4,748,348 | 4,933,895 | 2,699,802 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 928,000 | 1,813,000 | 1,136,000 | 1,044,000 | 830,000 | 879,000 | 823,000 | 691,000 | 668,000 | 896,000 | 832,522 | 1,141,420 | 1,414,587 | 1,979,320 | 496,717 |
| Gross Profit | 12,655,000 | 14,015,000 | 8,096,000 | 8,854,000 | 7,123,000 | 6,800,000 | 6,201,000 | 5,878,000 | 5,417,000 | 4,593,000 | 4,203,816 | 3,683,922 | 3,333,761 | 2,954,575 | 2,203,085 |
| Admin Expenses | 8,918,000 | 10,016,000 | 5,997,000 | 8,598,000 | 7,630,000 | 6,990,000 | 5,935,000 | 6,059,000 | 5,516,000 | 3,949,000 | 4,207,974 | 3,970,770 | 3,096,266 | 2,429,339 | 1,842,136 |
| Operating Profit | 3,737,000 | 3,999,000 | 2,099,000 | 256,000 | -507,000 | -190,000 | 266,000 | -181,000 | -99,000 | 644,000 | -4,158 | -286,848 | 237,495 | 525,236 | 360,949 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 26,000 | 21,000 | 50,000 | 14,000 | 19,000 | 9,000 | 18,000 | 18,000 | 35,280 | 46,537 | 30,163 | 7,145 | 47,848 |
| Pre-Tax Profit | 3,737,000 | 3,999,000 | 2,125,000 | 126,000 | 4,000 | -191,000 | 300,000 | -141,000 | -81,000 | 662,000 | 31,122 | -240,311 | 267,658 | 532,381 | 408,797 |
| Tax | -449,000 | -1,377,000 | -92,000 | 166,000 | 85,000 | 154,000 | 243,000 | 141,000 | 26,000 | 139,000 | 40,337 | -78,228 | 385,894 | 70,878 | -10,048 |
| Profit After Tax | 3,288,000 | 2,622,000 | 2,033,000 | 292,000 | 89,000 | -37,000 | 543,000 | 0 | -55,000 | 801,000 | 71,459 | -318,539 | 653,552 | 603,259 | 398,749 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,288,000 | 2,622,000 | 2,033,000 | 292,000 | 89,000 | -37,000 | 543,000 | 0 | -55,000 | 801,000 | 71,459 | -318,539 | 653,552 | 603,259 | 398,749 |
| Employee Costs | 6,705,000 | 6,192,000 | 5,185,000 | 6,369,000 | 5,906,000 | 4,941,000 | 4,283,000 | 3,894,000 | 3,634,000 | 3,116,000 | 2,986,660 | 2,893,770 | 2,508,559 | 2,426,676 | 2,231,419 |
| Number Of Employees | 78 | 73 | 56 | 73 | 73 | 63 | 57 | 51 | 47 | 44 | 41 | 39 | 38 | 34 | 35 |
| EBITDA* | 4,100,000 | 4,401,000 | 2,609,000 | 570,000 | -193,000 | 115,000 | 449,000 | -40,000 | 119,000 | 800,000 | 102,101 | -108,026 | 408,032 | 637,169 | 457,681 |
* 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 287,000 | 418,000 | 661,000 | 557,000 | 673,000 | 749,000 | 773,000 | 687,000 | 97,000 | 295,000 | 221,245 | 138,888 | 240,797 | 227,745 | 156,442 |
| Intangible Assets | 4,158,000 | 3,036,000 | 1,845,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,001,000 | 4,001,000 | 4,001,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 927,000 | 1,090,000 | 106,000 | 231,000 | 244,000 | 61,000 | 126,000 | 151,000 | 106,103 | 151,685 | 267,228 | 178,920 | 228,450 |
| Total Fixed Assets | 8,446,000 | 7,455,000 | 7,434,000 | 1,677,000 | 779,000 | 980,000 | 1,017,000 | 748,000 | 223,000 | 446,000 | 327,348 | 290,573 | 508,025 | 406,665 | 384,892 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 447,000 | 1,075,000 | 46,000 | 935,000 | 1,328,000 | 790,000 | 647,000 | 495,000 | 1,329,000 | 497,000 | 538,241 | 1,074,118 | 1,018,934 | 665,181 | 740,755 |
| Group Debtors | 11,583,000 | 7,134,000 | 0 | 0 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,428,000 | 946,000 | 3,320,000 | 357,000 | 578,000 | 679,000 | 698,000 | 634,000 | 393,000 | 437,000 | 713,568 | 529,976 | 721,441 | 701,681 | 397,661 |
| Cash | 177,000 | 214,000 | 1,030,000 | 4,166,000 | 4,182,000 | 3,854,000 | 3,727,000 | 3,054,000 | 3,157,000 | 3,779,000 | 2,685,451 | 2,282,191 | 2,646,556 | 3,353,739 | 2,899,280 |
| misc current assets | 0 | 0 | 584,000 | 561,000 | 558,000 | 532,000 | 546,000 | 531,000 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,635,000 | 9,369,000 | 4,980,000 | 6,019,000 | 6,671,000 | 5,855,000 | 5,618,000 | 4,714,000 | 5,379,000 | 4,713,000 | 3,937,260 | 3,886,285 | 4,386,931 | 4,720,601 | 4,037,696 |
| total assets | 22,081,000 | 16,824,000 | 12,414,000 | 7,696,000 | 7,450,000 | 6,835,000 | 6,635,000 | 5,462,000 | 5,602,000 | 5,159,000 | 4,264,608 | 4,176,858 | 4,894,956 | 5,127,266 | 4,422,588 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 54,000 | 231,000 | 71,000 | 77,000 | 6,000 | 53,000 | 49,000 | 51,000 | 137,000 | 85,000 | 84,258 | 50,234 | 143,417 | 531,150 | 397,753 |
| Group/Directors Accounts | 7,657,000 | 5,046,000 | 5,210,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,517,000 | 3,179,000 | 525,000 | 3,225,000 | 3,215,000 | 2,797,000 | 2,387,000 | 1,880,000 | 2,027,000 | 1,665,000 | 1,526,114 | 1,619,401 | 2,285,510 | 2,604,719 | 2,587,167 |
| total current liabilities | 10,228,000 | 8,456,000 | 5,806,000 | 3,302,000 | 3,221,000 | 2,850,000 | 2,436,000 | 1,931,000 | 2,164,000 | 1,750,000 | 1,610,372 | 1,669,635 | 2,428,927 | 3,135,869 | 2,984,920 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 459,000 | 542,000 | 669,000 | 514,000 | 691,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 566,000 | 473,000 | 389,000 | 435,287 | 359,733 | 0 | 178,920 | 228,450 |
| provisions | 642,000 | 445,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 642,000 | 445,000 | 459,000 | 542,000 | 669,000 | 514,000 | 691,000 | 566,000 | 473,000 | 389,000 | 435,287 | 359,733 | 0 | 178,920 | 228,450 |
| total liabilities | 10,870,000 | 8,901,000 | 6,265,000 | 3,844,000 | 3,890,000 | 3,364,000 | 3,127,000 | 2,497,000 | 2,637,000 | 2,139,000 | 2,045,659 | 2,029,368 | 2,428,927 | 3,314,789 | 3,213,370 |
| net assets | 11,211,000 | 7,923,000 | 6,149,000 | 3,852,000 | 3,560,000 | 3,471,000 | 3,508,000 | 2,965,000 | 2,965,000 | 3,020,000 | 2,218,949 | 2,147,490 | 2,466,029 | 1,812,477 | 1,209,218 |
| total shareholders funds | 11,211,000 | 7,923,000 | 6,149,000 | 3,852,000 | 3,560,000 | 3,471,000 | 3,508,000 | 2,965,000 | 2,965,000 | 3,020,000 | 2,218,949 | 2,147,490 | 2,466,029 | 1,812,477 | 1,209,218 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,737,000 | 3,999,000 | 2,099,000 | 256,000 | -507,000 | -190,000 | 266,000 | -181,000 | -99,000 | 644,000 | -4,158 | -286,848 | 237,495 | 525,236 | 360,949 |
| Depreciation | 245,000 | 175,000 | 266,000 | 314,000 | 314,000 | 305,000 | 183,000 | 141,000 | 218,000 | 156,000 | 106,259 | 178,822 | 170,537 | 111,933 | 96,732 |
| Amortisation | 118,000 | 227,000 | 244,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -449,000 | -1,377,000 | -92,000 | 166,000 | 85,000 | 154,000 | 243,000 | 141,000 | 26,000 | 139,000 | 40,337 | -78,228 | 385,894 | 70,878 | -10,048 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,303,000 | 4,862,000 | 1,911,000 | 345,000 | 337,000 | 111,000 | 399,000 | -658,000 | 763,000 | -272,912 | -397,867 | -251,824 | 461,821 | 178,916 | 1,366,866 |
| Creditors | -177,000 | 160,000 | -6,000 | 71,000 | -47,000 | 4,000 | -2,000 | -86,000 | 52,000 | 742 | 34,024 | -93,183 | -387,733 | 133,397 | 397,753 |
| Accruals and Deferred Income | -662,000 | 2,195,000 | -2,783,000 | -117,000 | 573,000 | 233,000 | 1,198,000 | -147,000 | 362,000 | 138,886 | -93,287 | -666,109 | -319,209 | 17,552 | 2,587,167 |
| Deferred Taxes & Provisions | 197,000 | 445,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,294,000 | 962,000 | -2,183,000 | 345,000 | 81,000 | 395,000 | 1,489,000 | 526,000 | -204,000 | 1,351,540 | 481,042 | -693,722 | -374,837 | 680,080 | 2,065,687 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | -282,000 | -268,000 | 0 | -519,000 | -231,000 | -201,527 | -76,913 | -183,586 | -183,236 | -72,796 | |||
| Change in Investments | 0 | 0 | 3,971,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -30,000 | 0 | -282,000 | -268,000 | 0 | -519,000 | -231,000 | -201,527 | -76,913 | -183,586 | -183,236 | -72,796 | |||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,611,000 | -164,000 | 5,210,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -566,000 | 93,000 | 84,000 | -46,287 | 75,554 | 359,733 | -178,920 | -49,530 | 228,450 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 26,000 | 21,000 | 50,000 | -1,000 | 19,000 | 9,000 | 18,000 | 18,000 | 35,280 | 46,537 | 30,163 | 7,145 | 47,848 |
| cash flow from financing | 2,611,000 | -1,012,000 | 5,500,000 | 21,000 | 50,000 | -1,000 | -547,000 | 102,000 | 102,000 | -28,236 | 110,834 | 406,270 | -148,757 | -42,385 | 1,086,767 |
| cash and cash equivalents | |||||||||||||||
| cash | -37,000 | -816,000 | -3,136,000 | -16,000 | 328,000 | 127,000 | 673,000 | -103,000 | -622,000 | 1,093,549 | 403,260 | -364,365 | -707,183 | 454,459 | 2,899,280 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -37,000 | -816,000 | -3,136,000 | -16,000 | 328,000 | 127,000 | 673,000 | -103,000 | -622,000 | 1,093,549 | 403,260 | -364,365 | -707,183 | 454,459 | 2,899,280 |
origo services limited Credit Report and Business Information
Origo Services Limited Competitor Analysis
Perform a competitor analysis for origo services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EH12 area or any other competitors across 12 key performance metrics.
origo services limited Ownership
ORIGO SERVICES LIMITED group structure
Origo Services Limited has 1 subsidiary company.
Ultimate parent company
1 parent
ORIGO SERVICES LIMITED
SC115061
1 subsidiary
origo services limited directors
Origo Services Limited currently has 5 directors. The longest serving directors include Mr Anthony Rafferty (Jan 2018) and Mr Graham McLachlan (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Rafferty | Scotland | 54 years | Jan 2018 | - | Director |
| Mr Graham McLachlan | Scotland | 59 years | Dec 2020 | - | Director |
| Mr Richard Clark | Scotland | 53 years | May 2022 | - | Director |
| Mr Garry Miller | Scotland | 56 years | May 2022 | - | Director |
| Ms Vivienne Sacco | United Kingdom | 56 years | Jul 2024 | - | Director |
P&L
December 2023turnover
13.6m
-14%
operating profit
3.7m
-7%
gross margin
93.2%
+5.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
11.2m
+0.41%
total assets
22.1m
+0.31%
cash
177k
-0.17%
net assets
Total assets minus all liabilities
origo services limited company details
company number
SC115061
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
62090 - Other information technology and computer service activities
incorporation date
December 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
dunwilco (145) limited (February 1989)
accountant
-
auditor
JOHNSTON CARMICHAEL LLP
address
7 lochside view, edinburgh, EH12 9DH
Bank
BANK OF SCOTLAND
Legal Advisor
-
origo 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 origo services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
origo services 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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origo services limited Companies House Filings - See Documents
| date | description | view/download |
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