1.5 Million in the bank

ecksmen · 4 Apr 2013 at 18:28

muon said:
OCUK is worth much more than the NAV.

Or more likely there was a dividend payment.

I still have this from a few years ago when I was very bored and actually paid for this.

https://dl.dropbox.com/u/20407/blREX+0L0025-17500_9-03499846.pdf

Ocuk has I believe grown a lot since then as well.

Someone got a good £3M payout in 2007.

muon · 4 Apr 2013 at 18:30

ecksmen said:
Someone got a good £3M payout in 2007.

A business like ocuk just makes millions every year. That's why Caseking paid so much.

£5.7m gross profit in 2006/2007
£6.0m gross profit in 2007/2008

Devrij · 4 Apr 2013 at 18:37

That site is crazy. The group at owns my company is 330m in debt :eek:

Hmm, not a good sign.

Hatter The Mad · 4 Apr 2013 at 18:39

Devrij said:
That site is crazy. The group at owns my company is 330m in debt Hmm, not a good sign.

Why is that not good?

Glaucus · 4 Apr 2013 at 18:41

Devrij said:
That site is crazy. The group at owns my company is 330m in debt Hmm, not a good sign.

But what's there gross profit?
Debt isn't always a bad sign.

One · 4 Apr 2013 at 18:57

My Company:

Cash at Bank: £96,000,000
Net Worth: £320,000,000
Total Current Liabilities: £1,260,000,000
Total Current Assets: £692,000,000

Devrij · 4 Apr 2013 at 19:02

Glaucus said:
But what's there gross profit?
Debt isn't always a bad sign.

Their net worth is negative like crazy so I doubt it's particularly good. Newspapers aren't exactly a growing industry. I think our new CEO has been tasked with a target of 10% shrink if that gives you an idea.

One · 4 Apr 2013 at 19:03

ecksmen said:
Someone got a good £3M payout in 2007.

Didn't Spie buy a nice Ferrari and buy a house in Italy or something?

DIABLO · 4 Apr 2013 at 19:07

desires said:
Didn't Spie buy a nice Ferrari and buy a house in Italy or something?

Might of been when he bought out his partner.

Deleted member 77746 · 4 Apr 2013 at 19:10

desires said:
Didn't Spie buy a nice Ferrari and buy a house in Italy or something?

mhm

Hatter The Mad · 4 Apr 2013 at 19:10

DIABLO said:
Might of been when he bought out his partner.

It was well before - OcUK has been doing well for quite a while

Name · 4 Apr 2013 at 19:12

Oh god

2008: 6m
2009: 615k

Didn't think recession was that bad!

Nick1881 · 4 Apr 2013 at 19:17

My work aren't on there as they are American, they are in the top 20 biggest companies in the world though.

Traffic_Warden · 4 Apr 2013 at 19:19

Craig1981 said:
Mmmmm. Big Macs! With large fries and a 6 piece nuggets!

I fancy a McDonalds now...

JonJ678 · 4 Apr 2013 at 19:23

That doesn't seem like enough. Anyone have figures from comparable size retail?

King Damager · 4 Apr 2013 at 19:29

Nick1881 said:
My work aren't on there as they are American, they are in the top 20 biggest companies in the world though.

Working as a checkout guy at BP/Asda/Shell doesn't count

kd

Tefal · 4 Apr 2013 at 19:30

Name said:
Oh god

2008: 6m
2009: 615k

Didn't think recession was that bad!

didnt they buy new premisis around then?

Russinating · 4 Apr 2013 at 19:32

This is all just a balance sheet for the tax man which is largely irrelevant. They could have had £6mil in the bank the day before had they not just ordered in a load of stock.

Our accountant has our companies' total liabilities listed as ~£16,000 but realistically we don't have any.

http://companycheck.co.uk/company/07537631#accounts-tab
http://companycheck.co.uk/company/07538551#accounts-tab

Also: http://companycheck.co.uk/company/00445790#accounts-tab

grudas · 4 Apr 2013 at 19:41

Cash at Bank: £3,000
Net Worth: £58,507,000
Total Current Liabilities: £50,695,000
Total Current Assets: £61,382,000

lol.

StonedPenguin · 4 Apr 2013 at 19:44

Cash at Bank: £55,000,000
Net Worth: £-3,053,000,000
Total Current Liabilities: £1,798,000,000
Total Current Assets: £1,226,000,000

:eek: