second movement

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second movement Company Information

Share SECOND MOVEMENT

Company Number

05369515

Shareholders

-

Group Structure

View All

Industry

Performing arts

 

Registered Address

128 cannon workshops, cannon drive, london, E14 4AS

second movement Estimated Valuation

£3.4k

Pomanda estimates the enterprise value of SECOND MOVEMENT at £3.4k based on a Turnover of £4.7k and 0.72x industry multiple (adjusted for size and gross margin).

second movement Estimated Valuation

£0

Pomanda estimates the enterprise value of SECOND MOVEMENT at £0 based on an EBITDA of £-31.7k and a 8.56x industry multiple (adjusted for size and gross margin).

second movement Estimated Valuation

£167.8k

Pomanda estimates the enterprise value of SECOND MOVEMENT at £167.8k based on Net Assets of £138.1k and 1.22x industry multiple (adjusted for liquidity).

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Second Movement Overview

Second Movement is a live company located in london, E14 4AS with a Companies House number of 05369515. It operates in the performing arts sector, SIC Code 90010. Founded in February 2005, it's largest shareholder is unknown. Second Movement is a mature, micro sized company, Pomanda has estimated its turnover at £4.7k with high growth in recent years.

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Second Movement Health Check

Pomanda's financial health check has awarded Second Movement a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £4.7k, make it smaller than the average company (£271.2k)

£4.7k - Second Movement

£271.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.4%)

15% - Second Movement

7.4% - Industry AVG

production

Production

with a gross margin of 32%, this company has a comparable cost of product (32%)

32% - Second Movement

32% - Industry AVG

profitability

Profitability

an operating margin of -674.9% make it less profitable than the average company (0.4%)

-674.9% - Second Movement

0.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Second Movement

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)

£26.2k - Second Movement

£26.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.7k, this is less efficient (£71.9k)

£4.7k - Second Movement

£71.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Second Movement

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Second Movement

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Second Movement

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9043 weeks, this is more cash available to meet short term requirements (126 weeks)

9043 weeks - Second Movement

126 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (24.7%)

0.6% - Second Movement

24.7% - Industry AVG

SECOND MOVEMENT financials

EXPORTms excel logo

Second Movement's latest turnover from February 2024 is £4.7 thousand and the company has net assets of £138.1 thousand. According to their latest financial statements, we estimate that Second Movement has 1 employee and maintains cash reserves of £138.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover4,7012,6699,8093,0753,901188,9916,2095,29411,5576,8826,52537,79312,7137,9253,544
Other Income Or Grants
Cost Of Sales3,1971,7796,0222,1522,896131,4094,3653,4537,6726,1094,96337,69210,1288,177450
Gross Profit1,5048903,7879231,00557,5821,8441,8413,8857731,5621012,585-2523,094
Admin Expenses33,23227,22410,4877,4868,679-173,952-143-1,089-138722317495772765-541
Operating Profit-31,728-26,334-6,700-6,563-7,674231,5341,9872,9304,023511,245-3941,813-1,0173,635
Interest Payable
Interest Receivable1314262155
Pre-Tax Profit-23,810-19,450-5,777-6,373-6,206188,1811,6522,3593,245781,006-3321,375-9902,624
Tax
Profit After Tax-23,810-19,450-5,777-6,373-6,206188,1811,6522,3593,245781,006-3321,375-9902,624
Dividends Paid
Retained Profit-23,810-19,450-5,777-6,373-6,206188,1811,6522,3593,245781,006-3321,375-9902,624
Employee Costs26,19124,98523,90823,84723,87823,57624,67124,01623,80423,11923,26721,650
Number Of Employees111113111111111
EBITDA*-31,728-26,334-6,700-6,563-7,674231,5341,9872,9304,023511,245-3941,813-1,0173,635

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors100100390731,5341,5201,3719602,7302246165121,143270554
Cash138,788162,842181,360187,724192,322199,23610,85410,1605,2358,19610,94613,79710,8577,1223,738
misc current assets
total current assets138,888162,942181,750187,797193,856200,75612,22511,1207,9658,42011,56214,30912,0007,3924,292
total assets138,888162,942181,750187,797193,856200,75612,22511,1207,9658,42011,56214,30912,0007,3924,292
Bank overdraft
Bank loan
Trade Creditors 1,247
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities7981,0424006703561,0507004514,1516,37110,1247,4834,250160
total current liabilities7981,0424006703561,0507001,2474514,1516,37110,1247,4834,250160
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,0001,0001,0001,0001,000
provisions
total long term liabilities1,0001,0001,0001,0001,000
total liabilities7981,0424006703561,0507001,2474514,1517,37111,1248,4835,2501,160
net assets138,090161,900181,350187,127193,500199,70611,5259,8737,5144,2694,1913,1853,5172,1423,132
total shareholders funds138,090161,900181,350187,127193,500199,70611,5259,8737,5144,2694,1913,1853,5172,1423,132
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-31,728-26,334-6,700-6,563-7,674231,5341,9872,9304,023511,245-3941,813-1,0173,635
Depreciation
Amortisation
Tax
Stock
Debtors-290317-1,46114149411-1,7702,506-392104-631873-284554
Creditors-1,2471,247
Accruals and Deferred Income-244642-270314-694350700-451-3,700-2,220-3,7532,6413,2334,090160
Deferred Taxes & Provisions
Cash flow from operations-31,972-25,402-7,287-4,788-8,382231,7351,0295,496-2,183-1,777-2,6122,8784,1733,3573,241
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,0001,000
share issue508
interest1314262155
cash flow from financing-98714262151,513
cash and cash equivalents
cash-24,054-18,518-6,364-4,598-6,914188,3826944,925-2,961-2,750-2,8512,9403,7353,3843,738
overdraft
change in cash-24,054-18,518-6,364-4,598-6,914188,3826944,925-2,961-2,750-2,8512,9403,7353,3843,738

second movement 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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Second Movement Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for second movement by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.

second movement Ownership

SECOND MOVEMENT group structure

Second Movement has no subsidiary companies.

Ultimate parent company

SECOND MOVEMENT

05369515

SECOND MOVEMENT Shareholders

--

second movement directors

Second Movement currently has 5 directors. The longest serving directors include Ms Abigail Toland (Feb 2005) and Ms Charlotte Morgan (Sep 2006).

officercountryagestartendrole
Ms Abigail TolandUnited Kingdom46 years Feb 2005- Director
Ms Charlotte MorganEngland74 years Sep 2006- Director
Mr Charles Clark67 years Jul 2018- Director
Mr Peter BrathwaiteEngland41 years Aug 2020- Director
Mrs Sarah HolfordEngland74 years Jun 2022- Director

P&L

February 2024

turnover

4.7k

+76%

operating profit

-31.7k

0%

gross margin

32%

-4.02%

turnover

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

Balance Sheet

February 2024

net assets

138.1k

-0.15%

total assets

138.9k

-0.15%

cash

138.8k

-0.15%

net assets

Total assets minus all liabilities

second movement company details

company number

05369515

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

90010 - Performing arts

incorporation date

February 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

MALCOLM SWALLOW

auditor

-

address

128 cannon workshops, cannon drive, london, E14 4AS

Bank

CAF BANK LIMITED

Legal Advisor

-

second movement 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 second movement.

second movement 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 SECOND MOVEMENT. This can take several minutes, an email will notify you when this has completed.

second movement Companies House Filings - See Documents

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