otaq offshore limited Company Information
Company Number
SC314760
Next Accounts
Sep 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
otaq group limited
Group Structure
View All
Contact
Registered Address
suites 5a, 5b & 5c crombie lodge, aberdeen innovation park, campus, aberdeen, AB22 8GU
Website
marine-sense.comotaq offshore limited Estimated Valuation
Pomanda estimates the enterprise value of OTAQ OFFSHORE LIMITED at £174 based on a Turnover of £382 and 0.46x industry multiple (adjusted for size and gross margin).
otaq offshore limited Estimated Valuation
Pomanda estimates the enterprise value of OTAQ OFFSHORE LIMITED at £439 based on an EBITDA of £130 and a 3.37x industry multiple (adjusted for size and gross margin).
otaq offshore limited Estimated Valuation
Pomanda estimates the enterprise value of OTAQ OFFSHORE LIMITED at £219 based on Net Assets of £100 and 2.2x industry multiple (adjusted for liquidity).
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Otaq Offshore Limited Overview
Otaq Offshore Limited is a live company located in aberdeen, AB22 8GU with a Companies House number of SC314760. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in January 2007, it's largest shareholder is otaq group limited with a 100% stake. Otaq Offshore Limited is a established, micro sized company, Pomanda has estimated its turnover at £382.2 with declining growth in recent years.
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Otaq Offshore Limited Health Check
Pomanda's financial health check has awarded Otaq Offshore Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £382.2, make it smaller than the average company (£2.9m)
- Otaq Offshore Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -91%, show it is growing at a slower rate (7%)
- Otaq Offshore Limited
7% - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (45%)
- Otaq Offshore Limited
45% - Industry AVG
Profitability
an operating margin of 34.2% make it more profitable than the average company (5.7%)
- Otaq Offshore Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Otaq Offshore Limited
23 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
- Otaq Offshore Limited
£53k - Industry AVG
Efficiency
resulting in sales per employee of £382.2, this is less efficient (£124.5k)
- Otaq Offshore Limited
£124.5k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (56 days)
- Otaq Offshore Limited
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Otaq Offshore Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Otaq Offshore Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Otaq Offshore Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Otaq Offshore Limited
- - Industry AVG
OTAQ OFFSHORE LIMITED financials
Otaq Offshore Limited's latest turnover from December 2023 is estimated at £382 and the company has net assets of £100. According to their latest financial statements, we estimate that Otaq Offshore Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 0 | 313,000 | 617,000 | 480,000 | 459,199 | ||||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
Cost Of Sales | 0 | 30,000 | 78,000 | 66,000 | 160,824 | ||||||||||
Gross Profit | 0 | 283,000 | 539,000 | 414,000 | 298,375 | ||||||||||
Admin Expenses | 0 | 202,000 | 183,000 | 281,000 | 163,121 | ||||||||||
Operating Profit | 0 | 81,000 | 356,000 | 133,000 | 135,254 | ||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | ||||||||||
Interest Receivable | 0 | 0 | 0 | 0 | 535 | ||||||||||
Pre-Tax Profit | 0 | 183,000 | 356,000 | 133,000 | 135,789 | ||||||||||
Tax | 6,000 | 1,000 | 23,000 | -19,000 | 74,185 | ||||||||||
Profit After Tax | 6,000 | 184,000 | 379,000 | 114,000 | 209,974 | ||||||||||
Dividends Paid | 0 | 0 | 0 | 174,000 | 0 | ||||||||||
Retained Profit | 6,000 | 184,000 | 379,000 | -60,000 | 52,196 | ||||||||||
Employee Costs | 0 | 150,000 | 310,000 | 58,000 | 213,245 | ||||||||||
Number Of Employees | 2 | 4 | 3 | 3 | 4 | ||||||||||
EBITDA* | 0 | 93,000 | 383,000 | 187,000 | 235,977 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 34,000 | 30,000 | 84,557 | 105,898 | 100,473 | 111,007 | 129,747 | 104,204 | 77,114 | 15,729 | 6,190 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 34,000 | 30,000 | 84,557 | 105,898 | 100,473 | 111,007 | 129,747 | 104,204 | 77,114 | 15,729 | 6,190 |
Stock & work in progress | 0 | 0 | 0 | 0 | 195,000 | 214,000 | 158,637 | 0 | 33,810 | 28,175 | 23,480 | 21,345 | 17,403 | 16,915 | 17,883 |
Trade Debtors | 100 | 0 | 0 | 0 | 137,000 | 72,000 | 65,617 | 336,289 | 151,924 | 310,274 | 128,285 | 68,293 | 23,069 | 2,827 | 3,722 |
Group Debtors | 0 | 0 | 0 | 925,000 | 395,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 6,000 | 8,000 | 99,131 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 100 | 0 | 0 | 37,000 | 95,000 | 31,905 | 0 | 38,276 | 63,653 | 48,771 | 137,455 | 65,352 | 15,665 | 1,653 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 100 | 100 | 0 | 925,000 | 770,000 | 389,000 | 355,290 | 336,289 | 224,010 | 402,102 | 200,536 | 227,093 | 105,824 | 35,407 | 23,258 |
total assets | 100 | 100 | 0 | 925,000 | 804,000 | 419,000 | 439,847 | 442,187 | 324,483 | 513,109 | 330,283 | 331,297 | 182,938 | 51,136 | 29,448 |
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 | 0 | 0 | 0 | 0 | 19,000 | 14,000 | 5,574 | 72,274 | 16,729 | 114,565 | 92,597 | 83,941 | 60,342 | 35,450 | 28,067 |
Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 44,000 | 41,000 | 12,164 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 0 | 0 | 0 | 0 | 63,000 | 55,000 | 17,738 | 72,274 | 16,729 | 114,565 | 92,597 | 83,941 | 60,342 | 35,450 | 28,067 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 0 | 0 | 0 | 0 | 63,000 | 57,000 | 17,738 | 72,274 | 16,729 | 114,565 | 92,597 | 83,941 | 60,342 | 35,450 | 28,067 |
net assets | 100 | 100 | 0 | 925,000 | 741,000 | 362,000 | 422,109 | 369,913 | 307,754 | 398,544 | 237,686 | 247,356 | 122,596 | 15,686 | 1,381 |
total shareholders funds | 100 | 100 | 0 | 925,000 | 741,000 | 362,000 | 422,109 | 369,913 | 307,754 | 398,544 | 237,686 | 247,356 | 122,596 | 15,686 | 1,381 |
Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 0 | 81,000 | 356,000 | 133,000 | 135,254 | ||||||||||
Depreciation | 0 | 0 | 0 | 12,000 | 27,000 | 54,000 | 100,723 | 104,026 | 109,467 | 117,362 | 76,283 | 44,433 | 10,144 | 3,583 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | 6,000 | 1,000 | 23,000 | -19,000 | 74,185 | ||||||||||
Stock | 0 | 0 | 0 | -195,000 | -19,000 | 55,363 | 158,637 | -33,810 | 5,635 | 4,695 | 2,135 | 3,942 | 488 | -968 | 17,883 |
Debtors | 100 | -925,000 | -925,000 | 387,000 | 458,000 | -84,748 | -171,541 | 184,365 | -158,350 | 181,989 | 59,992 | 45,224 | 20,242 | -895 | 3,722 |
Creditors | 0 | 0 | 0 | -19,000 | 5,000 | 8,426 | -66,700 | 55,545 | -97,836 | 21,968 | 8,656 | 23,599 | 24,892 | 7,383 | 28,067 |
Accruals and Deferred Income | 0 | 0 | 0 | -44,000 | 3,000 | 28,836 | 12,164 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -4,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 931,000 | -161,000 | -29,000 | 238,647 | 268,530 | ||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | 0 | 0 | 535 | ||||||||||
cash flow from financing | -931,000 | 0 | 0 | -109 | 535 | ||||||||||
cash and cash equivalents | |||||||||||||||
cash | -100 | 100 | 0 | -37,000 | -58,000 | 63,095 | 31,905 | -38,276 | -25,377 | 14,882 | -88,684 | 72,103 | 49,687 | 14,012 | 1,653 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -100 | 100 | 0 | -37,000 | -58,000 | 63,095 | 31,905 | -38,276 | -25,377 | 14,882 | -88,684 | 72,103 | 49,687 | 14,012 | 1,653 |
otaq offshore limited Credit Report and Business Information
Otaq Offshore Limited Competitor Analysis
Perform a competitor analysis for otaq offshore limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in AB22 area or any other competitors across 12 key performance metrics.
otaq offshore limited Ownership
OTAQ OFFSHORE LIMITED group structure
Otaq Offshore Limited has no subsidiary companies.
Ultimate parent company
2 parents
OTAQ OFFSHORE LIMITED
SC314760
otaq offshore limited directors
Otaq Offshore Limited currently has 2 directors. The longest serving directors include Dr Harald Rotsch (Jan 2007) and Mr Philip Newby (Jan 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Dr Harald Rotsch | England | 49 years | Jan 2007 | - | Director |
Mr Philip Newby | England | 63 years | Jan 2019 | - | Director |
P&L
December 2023turnover
382.2
0%
operating profit
130.7
0%
gross margin
24.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
100
0%
total assets
100
0%
cash
0
-1%
net assets
Total assets minus all liabilities
otaq offshore limited company details
company number
SC314760
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
January 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
marinesense ltd (February 2020)
wotan tek limited (November 2007)
accountant
-
auditor
-
address
suites 5a, 5b & 5c crombie lodge, aberdeen innovation park, campus, aberdeen, AB22 8GU
Bank
-
Legal Advisor
-
otaq offshore 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 did not find charges/mortgages relating to otaq offshore limited.
otaq offshore 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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otaq offshore limited Companies House Filings - See Documents
date | description | view/download |
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