second movement
second movement Company Information
Company Number
05369515
Next Accounts
Nov 2025
Shareholders
-
Group Structure
View All
Industry
Performing arts
Registered Address
128 cannon workshops, cannon drive, london, E14 4AS
Website
secondmovement.org.uksecond movement Estimated Valuation
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
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
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
3 Strong
2 Regular
4 Weak
Size
annual sales of £4.7k, make it smaller than the average company (£271.2k)
£4.7k - Second Movement
£271.2k - Industry AVG
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
with a gross margin of 32%, this company has a comparable cost of product (32%)
32% - Second Movement
32% - Industry AVG
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
with 1 employees, this is below the industry average (6)
- Second Movement
6 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- Second Movement
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £4.7k, this is less efficient (£71.9k)
- Second Movement
£71.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Second Movement
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Second Movement
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Second Movement
- - Industry AVG
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
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
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 House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,701 | 2,669 | 9,809 | 3,075 | 3,901 | 188,991 | 6,209 | 5,294 | 11,557 | 6,882 | 6,525 | 37,793 | 12,713 | 7,925 | 3,544 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 6,109 | 4,963 | 37,692 | 10,128 | 8,177 | 450 | |||||||||
| Gross Profit | 773 | 1,562 | 101 | 2,585 | -252 | 3,094 | |||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 13 | 14 | 26 | 21 | 5 | 5 | |||||||||
| Pre-Tax Profit | -23,810 | -19,450 | -5,777 | -6,373 | -6,206 | 188,181 | 1,652 | 2,359 | 3,245 | 78 | 1,006 | -332 | 1,375 | -990 | 2,624 |
| Tax | |||||||||||||||
| Profit After Tax | -23,810 | -19,450 | -5,777 | -6,373 | -6,206 | 188,181 | 1,652 | 2,359 | 3,245 | 78 | 1,006 | -332 | 1,375 | -990 | 2,624 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -23,810 | -19,450 | -5,777 | -6,373 | -6,206 | 188,181 | 1,652 | 2,359 | 3,245 | 78 | 1,006 | -332 | 1,375 | -990 | 2,624 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 100 | 100 | 390 | 73 | 1,534 | 1,520 | 1,371 | 960 | 2,730 | 224 | 616 | 512 | 1,143 | 270 | 554 |
| Cash | 138,788 | 162,842 | 181,360 | 187,724 | 192,322 | 199,236 | 10,854 | 10,160 | 5,235 | 8,196 | 10,946 | 13,797 | 10,857 | 7,122 | 3,738 |
| misc current assets | |||||||||||||||
| total current assets | 138,888 | 162,942 | 181,750 | 187,797 | 193,856 | 200,756 | 12,225 | 11,120 | 7,965 | 8,420 | 11,562 | 14,309 | 12,000 | 7,392 | 4,292 |
| total assets | 138,888 | 162,942 | 181,750 | 187,797 | 193,856 | 200,756 | 12,225 | 11,120 | 7,965 | 8,420 | 11,562 | 14,309 | 12,000 | 7,392 | 4,292 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,247 | ||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 798 | 1,042 | 400 | 670 | 356 | 1,050 | 700 | 451 | 4,151 | 6,371 | 10,124 | 7,483 | 4,250 | 160 | |
| total current liabilities | 798 | 1,042 | 400 | 670 | 356 | 1,050 | 700 | 1,247 | 451 | 4,151 | 6,371 | 10,124 | 7,483 | 4,250 | 160 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||
| total liabilities | 798 | 1,042 | 400 | 670 | 356 | 1,050 | 700 | 1,247 | 451 | 4,151 | 7,371 | 11,124 | 8,483 | 5,250 | 1,160 |
| net assets | 138,090 | 161,900 | 181,350 | 187,127 | 193,500 | 199,706 | 11,525 | 9,873 | 7,514 | 4,269 | 4,191 | 3,185 | 3,517 | 2,142 | 3,132 |
| total shareholders funds | 138,090 | 161,900 | 181,350 | 187,127 | 193,500 | 199,706 | 11,525 | 9,873 | 7,514 | 4,269 | 4,191 | 3,185 | 3,517 | 2,142 | 3,132 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -290 | 317 | -1,461 | 14 | 149 | 411 | -1,770 | 2,506 | -392 | 104 | -631 | 873 | -284 | 554 | |
| Creditors | -1,247 | 1,247 | |||||||||||||
| Accruals and Deferred Income | -244 | 642 | -270 | 314 | -694 | 350 | 700 | -451 | -3,700 | -2,220 | -3,753 | 2,641 | 3,233 | 4,090 | 160 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| 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 | -1,000 | 1,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 13 | 14 | 26 | 21 | 5 | 5 | |||||||||
| cash flow from financing | -987 | 14 | 26 | 21 | 5 | 1,513 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -24,054 | -18,518 | -6,364 | -4,598 | -6,914 | 188,382 | 694 | 4,925 | -2,961 | -2,750 | -2,851 | 2,940 | 3,735 | 3,384 | 3,738 |
| overdraft | |||||||||||||||
| change in cash | -24,054 | -18,518 | -6,364 | -4,598 | -6,914 | 188,382 | 694 | 4,925 | -2,961 | -2,750 | -2,851 | 2,940 | 3,735 | 3,384 | 3,738 |
second movement Credit Report and Business Information
Second Movement Competitor Analysis
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 directors
Second Movement currently has 5 directors. The longest serving directors include Ms Abigail Toland (Feb 2005) and Ms Charlotte Morgan (Sep 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Abigail Toland | United Kingdom | 46 years | Feb 2005 | - | Director |
| Ms Charlotte Morgan | England | 74 years | Sep 2006 | - | Director |
| Mr Charles Clark | 67 years | Jul 2018 | - | Director | |
| Mr Peter Brathwaite | England | 41 years | Aug 2020 | - | Director |
| Mrs Sarah Holford | England | 74 years | Jun 2022 | - | Director |
P&L
February 2024turnover
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 2024net 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
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
| date | description | view/download |
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