bandoffice 2 limited

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bandoffice 2 limited Company Information

Share BANDOFFICE 2 LIMITED

Company Number

02851104

Shareholders

jomast ltd

mrs j. monk

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

top floor oriel house, calverts lane bishop street, stockton-on-tees, cleveland, TS18 1SW

bandoffice 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BANDOFFICE 2 LIMITED at £0 based on a Turnover of £0 and 3.47x industry multiple (adjusted for size and gross margin).

bandoffice 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BANDOFFICE 2 LIMITED at £0 based on an EBITDA of £0 and a 6.78x industry multiple (adjusted for size and gross margin).

bandoffice 2 limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of BANDOFFICE 2 LIMITED at £5.8m based on Net Assets of £3.3m and 1.75x industry multiple (adjusted for liquidity).

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Bandoffice 2 Limited Overview

Bandoffice 2 Limited is a live company located in stockton-on-tees, TS18 1SW with a Companies House number of 02851104. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 1993, it's largest shareholder is jomast ltd with a 76% stake. Bandoffice 2 Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Bandoffice 2 Limited Health Check

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Health Rating0out of 5
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0 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

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Growth

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production

Production

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profitability

Profitability

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employees

Employees

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Pay Structure

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Efficiency

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Debtor Days

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Creditor Days

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Stock Days

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Cash Balance

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Debt Level

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BANDOFFICE 2 LIMITED financials

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Bandoffice 2 Limited's latest turnover from March 2024 is estimated at 0 and the company has net assets of £3.3 million. According to their latest financial statements, we estimate that Bandoffice 2 Limited has no employees and maintains cash reserves of £2 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover14,039,8941,669,2351,123,807859,548
Other Income Or Grants
Cost Of Sales9,979,3731,186,652793,029596,549
Gross Profit4,060,521482,583330,778262,999
Admin Expenses-3,746,8292,997,4631,426,289325,598224,810-852,252
Operating Profit3,746,829-2,997,4632,634,232156,985105,9681,115,251
Interest Payable
Interest Receivable
Pre-Tax Profit3,746,829-2,997,4632,634,232156,985105,9681,115,251
Tax-749,366-632,216-40,816-29,671-312,270
Profit After Tax2,997,463-2,997,4632,002,016116,16976,297802,981
Dividends Paid
Retained Profit2,997,463-2,997,4632,002,016116,16976,297802,981
Employee Costs959,612119,68493,40674,432
Number Of Employees40543
EBITDA*3,746,829-2,997,4632,634,232156,985105,9681,115,251

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,780,0002,580,0002,580,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,780,0002,580,0002,580,000
Stock & work in progress
Trade Debtors3,302,029394,495278,431209,009
Group Debtors3,300,9613,300,9613,300,9613,300,9613,300,9613,300,9613,300,9613,300,961
Misc Debtors
Cash222222222222
misc current assets
total current assets3,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,302,031394,497278,433209,011
total assets3,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,302,0313,174,4972,858,4332,789,011
Bank overdraft
Bank loan
Trade Creditors 1,0689601,0657,940
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,0689601,0657,940
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,0689601,0657,940
net assets3,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,173,5372,857,3682,781,071
total shareholders funds3,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,300,9633,173,5372,857,3682,781,071
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,746,829-2,997,4632,634,232156,985105,9681,115,251
Depreciation
Amortisation
Tax-749,366-632,216-40,816-29,671-312,270
Stock
Debtors3,300,961-3,302,0292,907,534116,06469,422209,009
Creditors-1,068108-105-6,8757,940
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-303,498303,498-905,410601,912
Investing Activities
capital expenditure2,780,000-200,000-2,580,000
Change in Investments
cash flow from investments2,780,000-200,000-2,580,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue303,500-303,500-1,874,590200,0001,978,090
interest
cash flow from financing303,500-303,500-1,874,590200,0001,978,090
cash and cash equivalents
cash2-22
overdraft
change in cash2-22

bandoffice 2 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bandoffice 2 Limited Competitor Analysis

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Perform a competitor analysis for bandoffice 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mature companies, companies in TS18 area or any other competitors across 12 key performance metrics.

bandoffice 2 limited Ownership

BANDOFFICE 2 LIMITED group structure

Bandoffice 2 Limited has no subsidiary companies.

Ultimate parent company

1 parent

BANDOFFICE 2 LIMITED

02851104

BANDOFFICE 2 LIMITED Shareholders

jomast ltd 76%
mrs j. monk 12%
mr s.j. monk 12%

bandoffice 2 limited directors

Bandoffice 2 Limited currently has 2 directors. The longest serving directors include Mr Stuart Monk (Sep 1993) and Mrs Jennifer Monk (Jan 2004).

officercountryagestartendrole
Mr Stuart Monk75 years Sep 1993- Director
Mrs Jennifer Monk73 years Jan 2004- Director

P&L

March 2024

turnover

0

0%

operating profit

-0.1

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

3.3m

0%

total assets

3.3m

0%

cash

2

0%

net assets

Total assets minus all liabilities

bandoffice 2 limited company details

company number

02851104

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

September 1993

age

32

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

top floor oriel house, calverts lane bishop street, stockton-on-tees, cleveland, TS18 1SW

Bank

-

Legal Advisor

-

bandoffice 2 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 5 charges/mortgages relating to bandoffice 2 limited. Currently there are 1 open charges and 4 have been satisfied in the past.

bandoffice 2 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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bandoffice 2 limited Companies House Filings - See Documents

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