2stix limited
2stix limited Company Information
Company Number
05833177
Next Accounts
Feb 2025
Shareholders
anthony jayasekera
rajni jayasekera
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
1 beauchamp court, 10 victors way, barnet, EN5 5TZ
Website
-2stix limited Estimated Valuation
Pomanda estimates the enterprise value of 2STIX LIMITED at £183.5k based on a Turnover of £350.9k and 0.52x industry multiple (adjusted for size and gross margin).
2stix limited Estimated Valuation
Pomanda estimates the enterprise value of 2STIX LIMITED at £22.5k based on an EBITDA of £6k and a 3.75x industry multiple (adjusted for size and gross margin).
2stix limited Estimated Valuation
Pomanda estimates the enterprise value of 2STIX LIMITED at £409.1k based on Net Assets of £175.5k and 2.33x industry multiple (adjusted for liquidity).
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2stix Limited Overview
2stix Limited is a dissolved company that was located in barnet, EN5 5TZ with a Companies House number of 05833177. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2006, it's largest shareholder was anthony jayasekera with a 50% stake. The last turnover for 2stix Limited was estimated at £350.9k.
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2stix Limited Health Check
Pomanda's financial health check has awarded 2Stix Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £350.9k, make it in line with the average company (£326.3k)
- 2stix Limited
£326.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (3.2%)
- 2stix Limited
3.2% - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (50%)
- 2stix Limited
50% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (7.8%)
- 2stix Limited
7.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- 2stix Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- 2stix Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £175.4k, this is more efficient (£111.3k)
- 2stix Limited
£111.3k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (68 days)
- 2stix Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (29 days)
- 2stix Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2stix Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2stix Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.7%, this is a lower level of debt than the average (59%)
4.7% - 2stix Limited
59% - Industry AVG
2STIX LIMITED financials
2Stix Limited's latest turnover from May 2021 is estimated at £350.9 thousand and the company has net assets of £175.5 thousand. According to their latest financial statements, we estimate that 2Stix Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 158,579 | 166,366 | 142,850 | 152,402 | 158,045 | 96,320 | ||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | 138,761 | 147,658 | 126,928 | 130,055 | 131,918 | 57,746 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 41 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 138,802 | 147,658 | 126,928 | 130,055 | 131,918 | 57,746 | ||||||
| Tax | -27,760 | -29,532 | -25,385 | -25,999 | -27,484 | -12,176 | ||||||
| Profit After Tax | 111,042 | 118,126 | 101,543 | 104,056 | 104,434 | 45,570 | ||||||
| Dividends Paid | 120,000 | 120,000 | 51,000 | 94,000 | 110,000 | 44,500 | ||||||
| Retained Profit | -8,958 | -1,874 | 50,543 | 10,056 | -5,566 | 1,070 | ||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 139,065 | 148,064 | 127,469 | 130,360 | 133,226 | 57,955 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 2,464 | 1,637 | 251 | 335 | 608 | 912 | 1,216 | 1,622 | 914 | 1,219 | 627 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 2,464 | 1,637 | 251 | 335 | 608 | 912 | 1,216 | 1,622 | 914 | 1,219 | 627 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 184,126 | 200,525 | 196,425 | 91,959 | 0 | 0 | 4,140 | 0 | 0 | 0 | 0 | 5,285 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 510 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 103,728 | 90,555 | 103,316 | 107,906 | 99,111 | 56,873 | 39,237 | 20,748 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 184,126 | 200,525 | 196,425 | 91,959 | 103,728 | 90,555 | 107,456 | 107,906 | 99,621 | 56,873 | 39,237 | 26,033 |
| total assets | 184,126 | 202,989 | 198,062 | 92,210 | 104,063 | 91,163 | 108,368 | 109,122 | 101,243 | 57,787 | 40,456 | 26,660 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,619 | 32,333 | 57,116 | 37,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 41,177 | 36,202 | 53,024 | 44,759 | 34,925 | 42,153 | 34,805 | 15,668 |
| total current liabilities | 8,619 | 32,333 | 57,116 | 37,379 | 41,177 | 36,202 | 53,024 | 44,759 | 34,925 | 42,153 | 34,805 | 15,668 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 67 | 122 | 182 | 243 | 324 | 183 | 256 | 31 |
| total long term liabilities | 0 | 0 | 0 | 0 | 67 | 122 | 182 | 243 | 324 | 183 | 256 | 31 |
| total liabilities | 8,619 | 32,333 | 57,116 | 37,379 | 41,244 | 36,324 | 53,206 | 45,002 | 35,249 | 42,336 | 35,061 | 15,699 |
| net assets | 175,507 | 170,656 | 140,946 | 54,831 | 62,819 | 54,839 | 55,162 | 64,120 | 65,994 | 15,451 | 5,395 | 10,961 |
| total shareholders funds | 175,507 | 170,656 | 140,946 | 54,831 | 62,819 | 54,839 | 55,162 | 64,120 | 65,994 | 15,451 | 5,395 | 10,961 |
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 138,761 | 147,658 | 126,928 | 130,055 | 131,918 | 57,746 | ||||||
| Depreciation | 273 | 304 | 304 | 406 | 541 | 305 | 1,308 | 209 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | -27,760 | -29,532 | -25,385 | -25,999 | -27,484 | -12,176 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,399 | 4,100 | 104,466 | 91,959 | 0 | -4,140 | 4,140 | -510 | 510 | 0 | -5,285 | 5,285 |
| Creditors | -23,714 | -24,783 | 19,737 | 37,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -41,177 | 4,975 | -16,822 | 8,265 | 9,834 | -7,228 | 7,348 | 19,137 | 15,668 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -67 | -55 | -60 | -61 | -81 | 141 | -73 | 225 | 31 |
| Cash flow from operations | 115,369 | 128,795 | 94,487 | 111,636 | 130,389 | 56,193 | ||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 41 | 0 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 41 | 0 | 0 | 0 | 0 | 9,891 | ||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | -103,728 | 13,173 | -12,761 | -4,590 | 8,795 | 42,238 | 17,636 | 18,489 | 20,748 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -103,728 | 13,173 | -12,761 | -4,590 | 8,795 | 42,238 | 17,636 | 18,489 | 20,748 |
2stix limited Credit Report and Business Information
2stix Limited Competitor Analysis
Perform a competitor analysis for 2stix limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in EN5 area or any other competitors across 12 key performance metrics.
2stix limited Ownership
2STIX LIMITED group structure
2Stix Limited has no subsidiary companies.
Ultimate parent company
2STIX LIMITED
05833177
2stix limited directors
2Stix Limited currently has 2 directors. The longest serving directors include Mr Anthony Jayasekera (May 2006) and Rajni Jayasekera (May 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Jayasekera | England | 52 years | May 2006 | - | Director |
| Rajni Jayasekera | 50 years | May 2006 | - | Director |
P&L
May 2021turnover
350.9k
+13%
operating profit
6k
0%
gross margin
26.4%
-11.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
175.5k
+0.03%
total assets
184.1k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
2stix limited company details
company number
05833177
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2021
previous names
N/A
accountant
BBK PARTNERSHIP
auditor
-
address
1 beauchamp court, 10 victors way, barnet, EN5 5TZ
Bank
-
Legal Advisor
-
2stix 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 2stix limited.
2stix 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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2stix limited Companies House Filings - See Documents
| date | description | view/download |
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