2xl employment ltd
2xl employment ltd Company Information
Company Number
05279167
Website
2xlrec.comRegistered Address
craftwork studios, 1-3 dufferin street, london, EC1Y 8NA
Industry
Temporary employment agency activities
Telephone
-
Next Accounts Due
April 2024
Group Structure
View All
Directors
Angela Hall19 Years
Shareholders
john prescod 34%
angela hall 33%
View All2xl employment ltd Estimated Valuation
The estimated valuation range for 2xl employment ltd, derived from financial data as of March 2016 and the most recent industry multiples, is between £12.4k to £106.9k
2xl employment ltd Estimated Valuation
The estimated valuation range for 2xl employment ltd, derived from financial data as of March 2016 and the most recent industry multiples, is between £12.4k to £106.9k
2xl employment ltd Estimated Valuation
The estimated valuation range for 2xl employment ltd, derived from financial data as of March 2016 and the most recent industry multiples, is between £12.4k to £106.9k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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2xl Employment Ltd Overview
2xl Employment Ltd is a dissolved company that was located in london, EC1Y 8NA with a Companies House number of 05279167. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in November 2004, it's largest shareholder was john prescod with a 34% stake. The last turnover for 2xl Employment Ltd was estimated at £804.6k.
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2xl Employment Ltd Health Check
Pomanda's financial health check has awarded 2Xl Employment Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £804.6k, make it smaller than the average company (£10m)
- 2xl Employment Ltd
£10m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (8.2%)
- 2xl Employment Ltd
8.2% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (17.2%)
- 2xl Employment Ltd
17.2% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (2.9%)
- 2xl Employment Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (61)
- 2xl Employment Ltd
61 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- 2xl Employment Ltd
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £402.3k, this is more efficient (£260.3k)
- 2xl Employment Ltd
£260.3k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (51 days)
- 2xl Employment Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (5 days)
- 2xl Employment Ltd
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2xl Employment Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is more cash available to meet short term requirements (4 weeks)
12 weeks - 2xl Employment Ltd
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a lower level of debt than the average (75.4%)
60% - 2xl Employment Ltd
75.4% - Industry AVG
2xl employment ltd Credit Report and Business Information
2xl Employment Ltd Competitor Analysis
Perform a competitor analysis for 2xl employment ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
2xl employment ltd Ownership
2XL EMPLOYMENT LTD group structure
2Xl Employment Ltd has no subsidiary companies.
Ultimate parent company
2XL EMPLOYMENT LTD
05279167
2xl employment ltd directors
2Xl Employment Ltd currently has 1 director, 05/11/2009 Angela Hall serving since Nov 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| 05/11/2009 Angela Hall | 61 years | Nov 2004 | - | Director |
2XL EMPLOYMENT LTD financials
2Xl Employment Ltd's latest turnover from March 2016 is estimated at £804.6 thousand and the company has net assets of £54.2 thousand. According to their latest financial statements, we estimate that 2Xl Employment Ltd has 2 employees and maintains cash reserves of £19.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | 37,862 | 6,158 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 31,337 | 4,129 | |||||
| Gross Profit | 6,525 | 2,029 | |||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | 464 | 69 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | 274 | 10 | |||||
| Tax | 0 | 0 | |||||
| Profit After Tax | 274 | 10 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | 274 | 10 | |||||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 116,086 | 79,799 | 90,196 | 21,905 | 8,800 | 6,400 | 2,644 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 19,476 | 35,375 | 25,100 | 48,460 | 104 | 4,887 | 186 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 135,562 | 115,174 | 115,296 | 70,365 | 8,904 | 11,287 | 2,830 |
| total assets | 135,562 | 115,174 | 115,296 | 70,365 | 8,904 | 11,287 | 2,830 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 81,326 | 64,787 | 67,231 | 63,864 | 4,374 | 9,562 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,379 |
| total current liabilities | 81,326 | 64,787 | 67,231 | 63,864 | 4,374 | 9,562 | 1,379 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 81,326 | 64,787 | 67,231 | 63,864 | 4,374 | 9,562 | 1,379 |
| net assets | 54,236 | 50,387 | 48,065 | 6,501 | 4,530 | 1,725 | 1,451 |
| total shareholders funds | 54,236 | 50,387 | 48,065 | 6,501 | 4,530 | 1,725 | 1,451 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,287 | -10,397 | 68,291 | 13,105 | 2,400 | 3,756 | 2,644 |
| Creditors | 16,539 | -2,444 | 3,367 | 59,490 | -5,188 | 9,562 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -1,379 | 1,379 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -464 | -69 | |||||
| cash flow from financing | -464 | 1,372 | |||||
| cash and cash equivalents | |||||||
| cash | -15,899 | 10,275 | -23,360 | 48,356 | -4,783 | 4,701 | 186 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -15,899 | 10,275 | -23,360 | 48,356 | -4,783 | 4,701 | 186 |
P&L
March 2016turnover
804.6k
+45%
operating profit
4.7k
0%
gross margin
11.3%
-4.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
54.2k
+0.08%
total assets
135.6k
+0.18%
cash
19.5k
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
2xl employment ltd company details
company number
05279167
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
November 2004
age
20
accounts
Total Exemption Small
ultimate parent company
previous names
2xl care services ltd (August 2010)
incorporated
UK
address
craftwork studios, 1-3 dufferin street, london, EC1Y 8NA
last accounts submitted
March 2016
2xl employment ltd 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 2xl employment ltd.
2xl employment ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
