2 balance ltd

2 balance ltd Company Information

Share 2 BALANCE LTD
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EstablishedMicroHealthy

Company Number

06647733

Industry

Activities of head offices

 

Shareholders

mrs victoria helen millar

Group Structure

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Contact

Registered Address

cadomin ward's cross, hurst, reading, berkshire, RG10 0DS

2 balance ltd Estimated Valuation

£39.9k

Pomanda estimates the enterprise value of 2 BALANCE LTD at £39.9k based on a Turnover of £98.3k and 0.41x industry multiple (adjusted for size and gross margin).

2 balance ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 2 BALANCE LTD at £0 based on an EBITDA of £-9.3k and a 3.07x industry multiple (adjusted for size and gross margin).

2 balance ltd Estimated Valuation

£35.3k

Pomanda estimates the enterprise value of 2 BALANCE LTD at £35.3k based on Net Assets of £17.7k and 1.99x industry multiple (adjusted for liquidity).

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2 Balance Ltd Overview

2 Balance Ltd is a live company located in reading, RG10 0DS with a Companies House number of 06647733. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2008, it's largest shareholder is mrs victoria helen millar with a 100% stake. 2 Balance Ltd is a established, micro sized company, Pomanda has estimated its turnover at £98.3k with healthy growth in recent years.

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2 Balance Ltd Health Check

Pomanda's financial health check has awarded 2 Balance Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £98.3k, make it smaller than the average company (£23.5m)

£98.3k - 2 Balance Ltd

£23.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.6%)

12% - 2 Balance Ltd

9.6% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (33.3%)

19.3% - 2 Balance Ltd

33.3% - Industry AVG

profitability

Profitability

an operating margin of -9.4% make it less profitable than the average company (5.9%)

-9.4% - 2 Balance Ltd

5.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (128)

1 - 2 Balance Ltd

128 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)

£49.4k - 2 Balance Ltd

£49.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.3k, this is less efficient (£204.2k)

£98.3k - 2 Balance Ltd

£204.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 91 days, this is later than average (44 days)

91 days - 2 Balance Ltd

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (41 days)

29 days - 2 Balance Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 2 Balance Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 2 Balance Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28%, this is a lower level of debt than the average (55%)

28% - 2 Balance Ltd

55% - Industry AVG

2 BALANCE LTD financials

EXPORTms excel logo

2 Balance Ltd's latest turnover from July 2024 is estimated at £98.3 thousand and the company has net assets of £17.7 thousand. According to their latest financial statements, 2 Balance Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover98,328121,011113,59069,22781,46370,66945,50940,59657,64752,64022,52719,74221,16028,268119,6510
Other Income Or Grants0000000000000000
Cost Of Sales79,34298,01791,59457,03465,89857,55836,88132,94346,69542,94918,58416,38317,54923,35498,4570
Gross Profit18,98622,99421,99612,19315,56413,1128,6277,65210,9529,6913,9433,3593,6114,91421,1950
Admin Expenses28,26023,2834,17914,6319,10210,6128,03111,5259,4524,875-3259,578-4709,36919,821-13,090
Operating Profit-9,274-28917,817-2,4386,4622,500596-3,8731,5004,8164,268-6,2194,081-4,4551,37413,090
Interest Payable0000000000000000
Interest Receivable00000000019283740414011
Pre-Tax Profit-9,274-28917,817-2,4386,4622,500596-3,8731,5004,8354,296-6,1824,121-4,4141,41413,101
Tax00-3,3850-1,228-475-1130-300-967-9020-9890-396-3,668
Profit After Tax-9,274-28914,432-2,4385,2342,025483-3,8731,2003,8683,394-6,1823,132-4,4141,0189,433
Dividends Paid0000000000000000
Retained Profit-9,274-28914,432-2,4385,2342,025483-3,8731,2003,8683,394-6,1823,132-4,4141,0189,433
Employee Costs49,37845,99242,92440,28140,65039,97738,87737,54836,36035,52134,67234,54734,11633,55733,1000
Number Of Employees1111111111111110
EBITDA*-9,274-28917,817-2,4386,4622,500596-3,8731,5004,8164,268-6,2194,081-4,4551,37413,090

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets0000000000000000
Intangible Assets0000000000000000
Investments & Other0000000000000000
Debtors (Due After 1 year)0000000000000000
Total Fixed Assets0000000000000000
Stock & work in progress0000000000000000
Trade Debtors24,63837,83437,23818,35021,52417,01213,24212,21617,38815,9755,0084,4474,4467,19326,9884,016
Group Debtors0000000000000000
Misc Debtors0000000000000000
Cash00000000007,6383,71411,0635,00111,5324,589
misc current assets0000000000000008,001
total current assets24,63837,83437,23818,35021,52417,01213,24212,21617,38815,97512,6468,16115,50912,19438,52016,606
total assets24,63837,83437,23818,35021,52417,01213,24212,21617,38815,97512,6468,16115,50912,19438,52016,606
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 6,49910,4219,3365,0805,8165,9225,1104,2505,5495,3365,8734,7825,9485,67727,6775,951
Group/Directors Accounts0000000000000000
other short term finances0000000000000000
hp & lease commitments0000000000000000
other current liabilities0000000000000000
total current liabilities6,49910,4219,3365,0805,8165,9225,1104,2505,5495,3365,8734,7825,9485,67727,6775,951
loans0000000000000000
hp & lease commitments0000000000000000
Accruals and Deferred Income0000000000000000
other liabilities3903905903903901,006733903903903903903904783901,220
provisions0000000000000000
total long term liabilities3903905903903901,006733903903903903903904783901,220
total liabilities6,88910,8119,9265,4706,2066,9285,1834,6405,9395,7266,2635,1726,3386,15528,0677,171
net assets17,74927,02327,31212,88015,31810,0848,0597,57611,44910,2496,3832,9899,1716,03910,4539,435
total shareholders funds17,74927,02327,31212,88015,31810,0848,0597,57611,44910,2496,3832,9899,1716,03910,4539,435
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-9,274-28917,817-2,4386,4622,500596-3,8731,5004,8164,268-6,2194,081-4,4551,37413,090
Depreciation0000000000000000
Amortisation0000000000000000
Tax00-3,3850-1,228-475-1130-300-967-9020-9890-396-3,668
Stock0000000000000000
Debtors-13,19659618,888-3,1744,5123,7701,026-5,1721,41310,9675611-2,747-19,79522,9724,016
Creditors-3,9221,0854,256-736-106812860-1,299213-5371,091-1,166271-22,00021,7265,951
Accruals and Deferred Income0000000000000000
Deferred Taxes & Provisions0000000000000000
Cash flow from operations0200-2000616-93331700-7,6553,896-7,3866,110-6,660-26811,357
Investing Activities
capital expenditure0000000000000000
Change in Investments0000000000000000
cash flow from investments0000000000000000
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts0000000000000000
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments0000000000000000
other long term liabilities0-2002000-616933-31700000-8888-8301,220
share issue000000000-2000002
interest00000000019283740414011
cash flow from financing0-2002000-616933-31700172837-48129-7901,233
cash and cash equivalents
cash000000000-7,6383,924-7,3496,062-6,5316,9434,589
overdraft0000000000000000
change in cash000000000-7,6383,924-7,3496,062-6,5316,9434,589

2 balance 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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2 Balance Ltd Competitor Analysis

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Perform a competitor analysis for 2 balance ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RG10 area or any other competitors across 12 key performance metrics.

2 balance ltd Ownership

2 BALANCE LTD group structure

2 Balance Ltd has no subsidiary companies.

Ultimate parent company

2 BALANCE LTD

06647733

2 BALANCE LTD Shareholders

mrs victoria helen millar 100%

2 balance ltd directors

2 Balance Ltd currently has 1 director, Mrs Victoria Millar serving since Jul 2008.

officercountryagestartendrole
Mrs Victoria MillarUnited Kingdom54 years Jul 2008- Director

P&L

July 2024

turnover

98.3k

-19%

operating profit

-9.3k

0%

gross margin

19.4%

+1.62%

turnover

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

Balance Sheet

July 2024

net assets

17.7k

-0.34%

total assets

24.6k

-0.35%

cash

0

0%

net assets

Total assets minus all liabilities

2 balance ltd company details

company number

06647733

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

vhm associates ltd (August 2008)

accountant

-

auditor

-

address

cadomin ward's cross, hurst, reading, berkshire, RG10 0DS

Bank

-

Legal Advisor

-

2 balance 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 2 balance ltd.

2 balance 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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2 balance ltd Companies House Filings - See Documents

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