clifford chance no.2 limited

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clifford chance no.2 limited Company Information

Share CLIFFORD CHANCE NO.2 LIMITED

Company Number

03565641

Shareholders

clifford chance llp

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

10 upper bank street, london, E14 5JJ

clifford chance no.2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CLIFFORD CHANCE NO.2 LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).

clifford chance no.2 limited Estimated Valuation

£12.4m

Pomanda estimates the enterprise value of CLIFFORD CHANCE NO.2 LIMITED at £12.4m based on an EBITDA of £3.1m and a 3.95x industry multiple (adjusted for size and gross margin).

clifford chance no.2 limited Estimated Valuation

£7.6m

Pomanda estimates the enterprise value of CLIFFORD CHANCE NO.2 LIMITED at £7.6m based on Net Assets of £3.6m and 2.13x industry multiple (adjusted for liquidity).

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Clifford Chance No.2 Limited Overview

Clifford Chance No.2 Limited is a live company located in london, E14 5JJ with a Companies House number of 03565641. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1998, it's largest shareholder is clifford chance llp with a 100% stake. Clifford Chance No.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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Clifford Chance No.2 Limited Health Check

There is insufficient data available to calculate a health check for Clifford Chance No.2 Limited. Company Health Check FAQs

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (25)

- - Clifford Chance No.2 Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Clifford Chance No.2 Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (24 weeks)

- - Clifford Chance No.2 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.2%, this is a higher level of debt than the average (60.2%)

- - Clifford Chance No.2 Limited

- - Industry AVG

CLIFFORD CHANCE NO.2 LIMITED financials

EXPORTms excel logo

Clifford Chance No.2 Limited's latest turnover from April 2024 is 0 and the company has net assets of £3.6 million. According to their latest financial statements, Clifford Chance No.2 Limited has 6 employees and maintains cash reserves of £145 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover114,7522,132,947880,285
Other Income Or Grants
Cost Of Sales95,8701,783,661732,624
Gross Profit18,882349,286147,661
Admin Expenses-3,145,11073,045329,0731,016,488164,806112,541227,122-2,152,935-977,817-1,256,888-2,818,353228,418
Operating Profit3,145,110-73,045-329,073-1,016,488-164,806-112,541-208,2402,502,2211,125,4781,256,8882,818,353-228,418
Interest Payable3,1047,35440,32140,98734,66735,48339,77621,52137,11811,87811,71911,68419,234
Interest Receivable358,847130,42780,826148,862127,706117,393106,860846,146131,899123,471111,718103,660
Pre-Tax Profit3,500,85357,382-248,247-874,980-77,4211,190,1962,198,0101,414,762518,146-217,8432,019,327860,503886,7272,164,745-178,453
Tax-129,205-53,76413,8798,682-20,997-50,148-30,933-4,760-4,297-63,581-6,65673,118-78,640-49,714
Profit After Tax3,371,6483,618-234,368-866,298-98,4181,190,1962,147,8621,383,829513,386-222,1401,955,746853,847959,8452,086,105-228,167
Dividends Paid2,100,000
Retained Profit3,371,6483,618-234,368-866,298-98,4181,190,1962,147,8621,383,829513,386-222,1401,955,746853,847959,845-13,895-228,167
Employee Costs111,843511,2131,205
Number Of Employees667711111173111
EBITDA*3,145,110-73,045-329,073-1,016,488-164,806-112,541-208,2402,502,2211,125,4781,256,8882,818,353-228,418

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets4,089,5292,321,3094,425,519
Intangible Assets
Investments & Other949,5271,097,3211,288,9841,489,3922,492,9802,492,9812,492,9816,078,6395,718,7355,788,3225,290,1202,549,6302,497,312448,938448,390
Debtors (Due After 1 year)10,463,6863,681,3131,575,6845,012,1408,476,6233,623,4083,765,691
Total Fixed Assets11,413,2134,778,6342,864,6686,501,53210,969,6036,116,3896,258,6726,078,6395,718,7355,788,3225,290,1202,549,6304,089,5292,321,3094,425,519
Stock & work in progress
Trade Debtors
Group Debtors256,55711,7652,253,293416,314295,045188,825131,640436,551667,24230,7931,423,3283,731,2644,725,1272,684,524
Misc Debtors38,0509,825120,034276,340356,444406,496383,4831,4415,1793,5597902,31623,205
Cash144,9844,049,0026,136,032520,233209,9205,086,1953,812,6141,666,811292,955127,96549,4971,567,5352,243,679182,534100,438
misc current assets6099990,18390,18355,279
total current assets144,9844,305,5596,185,8472,783,351746,2685,657,5804,358,4922,204,9471,112,989796,65785,4783,084,6056,065,9164,909,9772,863,446
total assets11,558,1979,084,1939,050,5159,284,88311,715,87111,773,96910,617,1648,283,5866,831,7246,584,9795,375,5985,634,23510,155,4457,231,2867,288,965
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts800,0001,564,6901,524,3701,557,7611,359,0571,303,8211,268,454
other short term finances765,618765,618
hp & lease commitments
other current liabilities129,318795,678765,61812,988191186,5089,07756,588
total current liabilities929,318795,678765,618765,6182,330,3081,524,3701,557,7611,372,0451,304,0121,268,454186,5089,07756,588
loans7,068,716302,199139,132803,515
hp & lease commitments
Accruals and Deferred Income
other liabilities792,064782,620778,893
provisions
total long term liabilities7,068,716302,199139,132803,515792,064782,620778,893
total liabilities7,998,034795,678765,618765,6182,330,3081,524,3701,557,7611,372,0451,304,0121,570,653139,132803,515978,572791,697835,481
net assets3,560,1638,288,5158,284,8978,519,2659,385,56310,249,5999,059,4036,911,5415,527,7125,014,3265,236,4664,830,7209,176,8736,439,5896,453,484
total shareholders funds3,560,1638,288,5158,284,8978,519,2659,385,56310,249,5999,059,4036,911,5415,527,7125,014,3265,236,4664,830,7209,176,8736,439,5896,453,484
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit3,145,110-73,045-329,073-1,016,488-164,806-112,541-208,2402,502,2211,125,4781,256,8882,818,353-228,418
Depreciation
Amortisation
Tax-129,205-53,76413,8798,682-20,997-50,148-30,933-4,760-4,297-63,581-6,65673,118-78,640-49,714
Stock
Debtors6,525,8162,312,371-5,649,759-1,737,7134,818,178-116,1673,772,824-281,898151,351632,711-1,390,915-2,305,167-995,3892,019,7142,707,729
Creditors
Accruals and Deferred Income-666,36030,060765,618-12,98812,797191-186,508177,431-47,51156,588
Deferred Taxes & Provisions
Cash flow from operations-4,176,271-2,409,1206,100,183729,907-5,003,9813,626-3,835,960263,762-155,920-845,2483,829,5553,237,4812,502,826672,488-2,929,273
Investing Activities
capital expenditure4,089,529-1,768,2202,104,210-4,425,519
Change in Investments-147,794-191,663-200,408-1,003,588-1-3,585,658359,904-69,587498,2022,740,49052,3182,048,374548448,390
cash flow from investments147,794191,663200,4081,003,58813,585,658-359,90469,587-498,202-2,740,4904,037,211-3,816,5942,103,662-4,873,909
Financing Activities
Bank loans
Group/Directors Accounts800,000-1,564,69040,320-33,391198,70455,23635,3671,268,454
Other Short Term Loans -765,618765,618
Long term loans7,068,716-302,199163,067-664,383803,515
Hire Purchase and Lease Commitments
other long term liabilities-792,0649,4443,727778,893
share issue-8,100,000-765,618-1,550,000-5,200,0001,777,4396,681,651
interest355,743130,42780,826141,50887,38576,40672,193810,66392,123-21,521-37,118-11,878111,752100,03484,426
cash flow from financing124,459130,427-684,792-1,423,182127,70543,015270,897865,899-174,7091,410,000-2,251,501-5,200,4271,898,635103,7617,544,970
cash and cash equivalents
cash-3,904,018-2,087,0305,615,799310,313-4,876,2751,273,5812,145,8031,373,856164,99078,468-1,518,038-676,1442,061,14582,096100,438
overdraft
change in cash-3,904,018-2,087,0305,615,799310,313-4,876,2751,273,5812,145,8031,373,856164,99078,468-1,518,038-676,1442,061,14582,096100,438

clifford chance no.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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Clifford Chance No.2 Limited Competitor Analysis

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Perform a competitor analysis for clifford chance no.2 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mature companies, companies in E14 area or any other competitors across 12 key performance metrics.

clifford chance no.2 limited Ownership

CLIFFORD CHANCE NO.2 LIMITED group structure

Clifford Chance No.2 Limited has no subsidiary companies.

Ultimate parent company

1 parent

CLIFFORD CHANCE NO.2 LIMITED

03565641

CLIFFORD CHANCE NO.2 LIMITED Shareholders

clifford chance llp 100%

clifford chance no.2 limited directors

Clifford Chance No.2 Limited currently has 7 directors. The longest serving directors include Mr David Harkness (Oct 2006) and Mr Michael Bates (Mar 2018).

officercountryagestartendrole
Mr David HarknessUnited Kingdom61 years Oct 2006- Director
Mr Michael BatesUnited Kingdom57 years Mar 2018- Director
Ms Helen CartyUnited Kingdom52 years Mar 2018- Director
Mr Matthew NewickUnited Kingdom62 years May 2019- Director
Mr Matthew NewickUnited Kingdom62 years May 2019- Director
Mr Robin AbrahamUnited Kingdom55 years Nov 2020- Director
Mr Robin AbrahamUnited Kingdom55 years Nov 2020- Director

P&L

April 2024

turnover

0

0%

operating profit

3.1m

-4406%

gross margin

0%

0%

turnover

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

Balance Sheet

April 2024

net assets

3.6m

-0.57%

total assets

11.6m

+0.27%

cash

145k

-0.96%

net assets

Total assets minus all liabilities

clifford chance no.2 limited company details

company number

03565641

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

May 1998

age

27

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

April 2024

previous names

starnpark limited (June 1998)

accountant

-

auditor

-

address

10 upper bank street, london, E14 5JJ

Bank

-

Legal Advisor

-

clifford chance no.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 did not find charges/mortgages relating to clifford chance no.2 limited.

clifford chance no.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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clifford chance no.2 limited Companies House Filings - See Documents

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