2simple (holdings) ltd Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
188 brent street, london, NW4 1BE
Website
www.2simple.com2simple (holdings) ltd Estimated Valuation
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
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
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


3 Strong

2 Regular

2 Weak

Size
annual sales of £2.4m, make it larger than the average company (£1.3m)
- 2simple (holdings) Ltd
£1.3m - Industry AVG

Growth
3 year (CAGR) sales growth of 331%, show it is growing at a faster rate (6.8%)
- 2simple (holdings) Ltd
6.8% - Industry AVG

Production
with a gross margin of 26.3%, this company has a higher cost of product (48.8%)
- 2simple (holdings) Ltd
48.8% - Industry AVG

Profitability
There is insufficient data available for this Key Performance Indicator!
- 2simple (holdings) Ltd
- - Industry AVG

Employees
with 11 employees, this is similar to the industry average (12)
- 2simple (holdings) Ltd
12 - Industry AVG

Pay Structure
on an average salary of £56.9k, the company has an equivalent pay structure (£56.9k)
- 2simple (holdings) Ltd
£56.9k - Industry AVG

Efficiency
resulting in sales per employee of £216.6k, this is more efficient (£126.2k)
- 2simple (holdings) Ltd
£126.2k - Industry AVG

Debtor Days
it gets paid by customers after 122 days, this is later than average (63 days)
- 2simple (holdings) Ltd
63 days - Industry AVG

Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 2simple (holdings) Ltd
- - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2simple (holdings) Ltd
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2simple (holdings) Ltd
- - Industry AVG

Debt Level
There is insufficient data available for this Key Performance Indicator!
- - 2simple (holdings) Ltd
- - Industry AVG
2SIMPLE (HOLDINGS) LTD financials

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 House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | |||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,001 | 1,001 | |||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | 1,001 | 1,001 | 2,912 | 2,919 | 8 | 8 | 8 | 8 | 7 | 7 | 999 | 999 | 999 | ||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,001 | 1,001 | 1,001 | 1,001 | 2,912 | 2,919 | 8 | 8 | 8 | 8 | 7 | 7 | 999 | 999 | 999 |
Stock & work in progress | |||||||||||||||
Trade Debtors | 796,611 | 796,611 | 1,011,611 | 11,611 | 9,700 | 9,700 | 2,611 | 2,611 | 3,335 | 3,335 | 38,648 | 37 | 1 | 1 | |
Group Debtors | |||||||||||||||
Misc Debtors | |||||||||||||||
Cash | 3,335 | ||||||||||||||
misc current assets | |||||||||||||||
total current assets | 796,611 | 796,611 | 1,011,611 | 11,611 | 9,700 | 9,700 | 2,611 | 2,611 | 3,335 | 3,335 | 3,335 | 38,648 | 37 | 1 | 1 |
total assets | 797,612 | 797,612 | 1,012,612 | 12,612 | 12,612 | 12,619 | 2,619 | 2,619 | 3,343 | 3,343 | 3,342 | 38,655 | 1,036 | 1,000 | 1,000 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 1,646 | 1,646 | 1,645 | 7,958 | 339 | ||||||||||
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | |||||||||||||||
total current liabilities | 1,646 | 1,646 | 1,645 | 7,958 | 339 | ||||||||||
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 1,646 | 1,646 | 1,645 | 7,958 | 339 | ||||||||||
net assets | 797,612 | 797,612 | 1,012,612 | 12,612 | 12,612 | 12,619 | 2,619 | 2,619 | 1,697 | 1,697 | 1,697 | 30,697 | 697 | 1,000 | 1,000 |
total shareholders funds | 797,612 | 797,612 | 1,012,612 | 12,612 | 12,612 | 12,619 | 2,619 | 2,619 | 1,697 | 1,697 | 1,697 | 30,697 | 697 | 1,000 | 1,000 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | |||||||||||||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -215,000 | 1,000,000 | 1,911 | 7,089 | 2,611 | -3,335 | -35,313 | 38,611 | 36 | 1 | |||||
Creditors | -1,646 | 1 | -6,313 | 7,619 | 339 | ||||||||||
Accruals and Deferred Income | |||||||||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -1,001 | -1,911 | -7 | 2,911 | 1 | -992 | 999 | ||||||||
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 | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -3,335 | 3,335 | |||||||||||||
overdraft | |||||||||||||||
change in cash | -3,335 | 3,335 |
2simple (holdings) ltd Credit Report and Business Information
2simple (holdings) Ltd Competitor Analysis

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 group structure
2Simple (Holdings) Ltd has 8 subsidiary companies.
Ultimate parent company
2SIMPLE (HOLDINGS) LTD
05855175
8 subsidiaries
2simple (holdings) ltd directors
2Simple (Holdings) Ltd currently has 1 director, Mr Nigel Canin serving since Jun 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nigel Canin | 56 years | Jun 2006 | - | Director |
P&L
September 2023turnover
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 2023net 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
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
date | description | view/download |
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