otaq offshore limited

otaq offshore limited Company Information

Share OTAQ OFFSHORE LIMITED
Live 
EstablishedMicroDeclining

Company Number

SC314760

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

otaq offshore limited Estimated Valuation

£174

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

£439

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

£219

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £382.2, make it smaller than the average company (£2.9m)

£382.2 - Otaq Offshore Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -91%, show it is growing at a slower rate (7%)

-91% - Otaq Offshore Limited

7% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a higher cost of product (45%)

24.2% - Otaq Offshore Limited

45% - Industry AVG

profitability

Profitability

an operating margin of 34.2% make it more profitable than the average company (5.7%)

34.2% - Otaq Offshore Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

1 - Otaq Offshore Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - Otaq Offshore Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £382.2, this is less efficient (£124.5k)

£382.2 - Otaq Offshore Limited

£124.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is later than average (56 days)

95 days - Otaq Offshore Limited

56 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Otaq Offshore Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Otaq Offshore Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Otaq Offshore Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Otaq Offshore Limited

- - Industry AVG

OTAQ OFFSHORE LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover38200313,000617,000480,000459,199770,256450,785988,169438,326263,813108,29828,81629,094
Other Income Or Grants000000000000000
Cost Of Sales2900030,00078,00066,000160,824564,681329,563722,235318,745190,39777,53220,32421,313
Gross Profit9300283,000539,000414,000298,375205,576121,222265,933119,58173,41530,7678,4927,781
Admin Expenses-38925,0020202,000183,000281,000163,121127,800212,26762,596129,717-90,236-113,503-11,3336,006
Operating Profit131-925,002081,000356,000133,000135,25477,776-91,045203,337-10,136163,651144,27019,8251,775
Interest Payable000000000000000
Interest Receivable32000053548255281466507203434
Pre-Tax Profit133-925,0000183,000356,000133,000135,78977,824-90,790203,618-9,670164,158144,47319,8681,779
Tax-3306,0001,00023,000-19,00074,185-15,5650-42,7600-39,398-37,563-5,563-498
Profit After Tax100-925,0006,000184,000379,000114,000209,97462,259-90,790160,858-9,670124,760106,91014,3051,281
Dividends Paid00000174,000000000000
Retained Profit100-925,0006,000184,000379,000-60,00052,19662,259-90,790160,858-9,670124,760106,91014,3051,281
Employee Costs53,00400150,000310,00058,000213,245174,064129,321214,741125,44680,50439,37838,57040,436
Number Of Employees101243343532111
EBITDA*131-925,002093,000383,000187,000235,97777,77612,981312,804107,226239,934188,70329,9695,358

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets000034,00030,00084,557105,898100,473111,007129,747104,20477,11415,7296,190
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000034,00030,00084,557105,898100,473111,007129,747104,20477,11415,7296,190
Stock & work in progress0000195,000214,000158,637033,81028,17523,48021,34517,40316,91517,883
Trade Debtors100000137,00072,00065,617336,289151,924310,274128,28568,29323,0692,8273,722
Group Debtors000925,000395,0000000000000
Misc Debtors00006,0008,00099,13100000000
Cash01000037,00095,00031,905038,27663,65348,771137,45565,35215,6651,653
misc current assets000000000000000
total current assets1001000925,000770,000389,000355,290336,289224,010402,102200,536227,093105,82435,40723,258
total assets1001000925,000804,000419,000439,847442,187324,483513,109330,283331,297182,93851,13629,448
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000019,00014,0005,57472,27416,729114,56592,59783,94160,34235,45028,067
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000044,00041,00012,16400000000
total current liabilities000063,00055,00017,73872,27416,729114,56592,59783,94160,34235,45028,067
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000004,000000000000
total long term liabilities000002,000000000000
total liabilities000063,00057,00017,73872,27416,729114,56592,59783,94160,34235,45028,067
net assets1001000925,000741,000362,000422,109369,913307,754398,544237,686247,356122,59615,6861,381
total shareholders funds1001000925,000741,000362,000422,109369,913307,754398,544237,686247,356122,59615,6861,381
Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit131-925,002081,000356,000133,000135,25477,776-91,045203,337-10,136163,651144,27019,8251,775
Depreciation00012,00027,00054,000100,7230104,026109,467117,36276,28344,43310,1443,583
Amortisation000000000000000
Tax-3306,0001,00023,000-19,00074,185-15,5650-42,7600-39,398-37,563-5,563-498
Stock000-195,000-19,00055,363158,637-33,8105,6354,6952,1353,942488-96817,883
Debtors100-925,000-925,000387,000458,000-84,748-171,541184,365-158,350181,98959,99245,22420,242-8953,722
Creditors000-19,0005,0008,426-66,70055,545-97,83621,9688,65623,59924,8927,38328,067
Accruals and Deferred Income000-44,0003,00028,83612,16400000000
Deferred Taxes & Provisions0000-4,0004,000000000000
Cash flow from operations-2-2931,000-161,000-29,000238,647268,530-32,79967,860105,32853,755174,969155,30233,65211,322
Investing Activities
capital expenditure00022,000-31,000557-79,382-5,425-93,492-90,727-142,905-103,373-105,818-19,683-9,773
Change in Investments000000000000000
cash flow from investments00022,000-31,000557-79,382-5,425-93,492-90,727-142,905-103,373-105,818-19,683-9,773
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue-100100-931,00000-1090-100000000100
interest32000053548255281466507203434
cash flow from financing-97102-931,00000-109535-5225528146650720343104
cash and cash equivalents
cash-1001000-37,000-58,00063,09531,905-38,276-25,37714,882-88,68472,10349,68714,0121,653
overdraft000000000000000
change in cash-1001000-37,000-58,00063,09531,905-38,276-25,37714,882-88,68472,10349,68714,0121,653

otaq offshore limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for otaq offshore limited. Get real-time insights into otaq offshore limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Otaq Offshore Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

otaq group limited 100%

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).

officercountryagestartendrole
Dr Harald RotschEngland49 years Jan 2007- Director
Mr Philip NewbyEngland63 years Jan 2019- Director

P&L

December 2023

turnover

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 2023

net 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.

Click to start generating capital raising & share issue transactions for OTAQ OFFSHORE LIMITED. This can take several minutes, an email will notify you when this has completed.

otaq offshore limited Companies House Filings - See Documents

datedescriptionview/download