2simple (holdings) ltd

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2simple (holdings) ltd Company Information

Share 2SIMPLE (HOLDINGS) LTD

Company Number

05855175

Directors

Nigel Canin

Shareholders

nigel john cann

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

188 brent street, london, NW4 1BE

2simple (holdings) ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of 2SIMPLE (HOLDINGS) LTD at £1.3m based on a Turnover of £2.4m and 0.55x industry multiple (adjusted for size and gross margin).

2simple (holdings) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 2SIMPLE (HOLDINGS) LTD at £0 based on an EBITDA of £0 and a 3.87x industry multiple (adjusted for size and gross margin).

2simple (holdings) ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of 2SIMPLE (HOLDINGS) LTD at £1.8m based on Net Assets of £797.6k and 2.29x industry multiple (adjusted for liquidity).

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2simple (holdings) Ltd Overview

2simple (holdings) Ltd is a live company located in london, NW4 1BE with a Companies House number of 05855175. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2006, it's largest shareholder is nigel john cann with a 100% stake. 2simple (holdings) Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.

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2simple (holdings) Ltd Health Check

Pomanda's financial health check has awarded 2Simple (Holdings) Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £2.4m, make it larger than the average company (£1.3m)

£2.4m - 2simple (holdings) Ltd

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 331%, show it is growing at a faster rate (6.8%)

331% - 2simple (holdings) Ltd

6.8% - Industry AVG

production

Production

with a gross margin of 26.3%, this company has a higher cost of product (48.8%)

26.3% - 2simple (holdings) Ltd

48.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - 2simple (holdings) Ltd

- - Industry AVG

employees

Employees

with 11 employees, this is similar to the industry average (12)

11 - 2simple (holdings) Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.9k, the company has an equivalent pay structure (£56.9k)

£56.9k - 2simple (holdings) Ltd

£56.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £216.6k, this is more efficient (£126.2k)

£216.6k - 2simple (holdings) Ltd

£126.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 122 days, this is later than average (63 days)

122 days - 2simple (holdings) Ltd

63 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - 2simple (holdings) Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 2simple (holdings) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 2simple (holdings) Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - 2simple (holdings) Ltd

- - Industry AVG

2SIMPLE (HOLDINGS) LTD financials

EXPORTms excel logo

2Simple (Holdings) Ltd's latest turnover from September 2023 is estimated at £2.4 million and the company has net assets of £797.6 thousand. According to their latest financial statements, we estimate that 2Simple (Holdings) Ltd has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,382,5012,287,2442,602,21529,74725,77925,3106,71910,6942,65212,33812,468139,4232545
Other Income Or Grants
Cost Of Sales1,757,1901,638,8751,913,48320,89518,12717,9024,7307,2241,8228,3038,16289,1941673
Gross Profit625,311648,369688,7328,8527,6527,4081,9903,4718304,0354,30650,229872
Admin Expenses625,311862,672-545,8368,8527,659-4,9381,9902,3238384,03533,30610,755872
Operating Profit-214,3031,234,568-712,3461,148-8-29,00039,474
Interest Payable
Interest Receivable48
Pre-Tax Profit-214,3031,234,568-712,3461,153-29,00039,474
Tax-234,568-2,346-230-9,474
Profit After Tax-214,3031,000,000-710,000922-29,00030,000
Dividends Paid
Retained Profit-214,3031,000,000-710,000922-29,00030,000
Employee Costs625,622580,900684,09346,54551,55654,84651,91957,83957,33757,30554,31554,21052,97951,734
Number Of Employees11111411111111111
EBITDA*-214,3031,234,568-712,3461,148-8-29,00039,474

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets1,0011,001
Intangible Assets
Investments & Other1,0011,0012,9122,919888877999999999
Debtors (Due After 1 year)
Total Fixed Assets1,0011,0011,0011,0012,9122,919888877999999999
Stock & work in progress
Trade Debtors796,611796,6111,011,61111,6119,7009,7002,6112,6113,3353,33538,6483711
Group Debtors
Misc Debtors
Cash3,335
misc current assets
total current assets796,611796,6111,011,61111,6119,7009,7002,6112,6113,3353,3353,33538,6483711
total assets797,612797,6121,012,61212,61212,61212,6192,6192,6193,3433,3433,34238,6551,0361,0001,000
Bank overdraft
Bank loan
Trade Creditors 1,6461,6461,6457,958339
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,6461,6461,6457,958339
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,6461,6461,6457,958339
net assets797,612797,6121,012,61212,61212,61212,6192,6192,6191,6971,6971,69730,6976971,0001,000
total shareholders funds797,612797,6121,012,61212,61212,61212,6192,6192,6191,6971,6971,69730,6976971,0001,000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-214,3031,234,568-712,3461,148-8-29,00039,474
Depreciation
Amortisation
Tax-234,568-2,346-230-9,474
Stock
Debtors-215,0001,000,0001,9117,0892,611-3,335-35,31338,611361
Creditors-1,6461-6,3137,619339
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations697-1,911-72,911-3,3393,3271-992303-1
Investing Activities
capital expenditure-1,001
Change in Investments-1,001-1,911-72,9111-992999
cash flow from investments1,9117-2,911-1992-999
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-697-3031,000
interest48
cash flow from financing-69748-3031,000
cash and cash equivalents
cash-3,3353,335
overdraft
change in cash-3,3353,335

2simple (holdings) ltd 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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2simple (holdings) Ltd Competitor Analysis

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Perform a competitor analysis for 2simple (holdings) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NW4 area or any other competitors across 12 key performance metrics.

2simple (holdings) ltd Ownership

2SIMPLE (HOLDINGS) LTD Shareholders

nigel john cann 100%

2simple (holdings) ltd directors

2Simple (Holdings) Ltd currently has 1 director, Mr Nigel Canin serving since Jun 2006.

officercountryagestartendrole
Mr Nigel Canin56 years Jun 2006- Director

P&L

September 2023

turnover

2.4m

+4%

operating profit

0

0%

gross margin

26.3%

-7.41%

turnover

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

Balance Sheet

September 2023

net assets

797.6k

0%

total assets

797.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

2simple (holdings) ltd company details

company number

05855175

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

June 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

September 2023

previous names

2 simple software limited (September 2015)

accountant

-

auditor

-

address

188 brent street, london, NW4 1BE

Bank

-

Legal Advisor

-

2simple (holdings) 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 2simple (holdings) ltd.

2simple (holdings) ltd 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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2simple (holdings) ltd Companies House Filings - See Documents

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