Management consultancy activities (other than financial management)
Registered Address
6 capland house capland street, london, london, NW8 8LL
Website
-
222procure ltdEstimated Valuation
£34.7k
Pomanda estimates the enterprise value of 222PROCURE LTD at £34.7k based on a Turnover of £71.8k and 0.48x industry multiple (adjusted for size and gross margin).
222procure ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of 222PROCURE LTD at £0 based on an EBITDA of £-17.1k and a 4.17x industry multiple (adjusted for size and gross margin).
222procure ltdEstimated Valuation
£22.3k
Pomanda estimates the enterprise value of 222PROCURE LTD at £22.3k based on Net Assets of £8.6k and 2.61x industry multiple (adjusted for liquidity).
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222procure LtdOverview
222procure Ltd is a live company located in london, NW8 8LL with a Companies House number of 06949004. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2009, it's largest shareholder is
adetutu odunsi
with a 100% stake. 222procure Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£71.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded 222Procure Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £71.8k, make it smaller than the average company (£421.3k)
£71.8k - 222procure Ltd
£421.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (6.9%)
-31% - 222procure Ltd
6.9% - Industry AVG
Production
with a gross margin of 59%, this company has a comparable cost of product (59%)
59% - 222procure Ltd
59% - Industry AVG
Profitability
an operating margin of -23.8% make it less profitable than the average company (8%)
-23.8% - 222procure Ltd
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - 222procure Ltd
5 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
£47.5k - 222procure Ltd
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £71.8k, this is less efficient (£120.4k)
£71.8k - 222procure Ltd
£120.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - 222procure Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
0 days - 222procure Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 222procure Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 71 weeks, this is more cash available to meet short term requirements (27 weeks)
71 weeks - 222procure Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13%, this is a lower level of debt than the average (55.8%)
13% - 222procure Ltd
55.8% - Industry AVG
222PROCURE LTD financials
EXPORT
222Procure Ltd's latest turnover from July 2023 is estimated at £71.8 thousand and the company has net assets of £8.6 thousand. According to their latest financial statements, 222Procure Ltd has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Turnover
71,822
224,982
196,081
217,644
251,355
384,508
406,457
16,421
107,545
97,592
40,509
7,071
11,065
85,096
Other Income Or Grants
Cost Of Sales
29,442
90,422
79,379
79,406
90,242
129,015
131,963
5,802
37,472
36,030
13,419
2,334
3,477
26,210
Gross Profit
42,380
134,559
116,702
138,238
161,113
255,493
274,494
10,619
70,073
61,561
27,090
4,736
7,588
58,887
Admin Expenses
59,491
157,308
120,299
154,719
167,816
257,926
302,594
-18,698
26,187
36,678
413
31,453
-11,822
34,956
Operating Profit
-17,111
-22,749
-3,597
-16,481
-6,703
-2,433
-28,100
29,317
43,886
24,883
26,677
-26,717
19,410
23,931
Interest Payable
Interest Receivable
470
107
152
541
410
276
128
138
160
48
Pre-Tax Profit
-16,641
-22,642
-3,597
-16,481
-6,703
-2,433
-27,948
29,858
44,296
25,158
26,805
-26,579
19,570
23,979
Tax
-5,971
-8,859
-5,283
-6,165
-5,088
-6,714
Profit After Tax
-16,641
-22,642
-3,597
-16,481
-6,703
-2,433
-27,948
23,886
35,437
19,875
20,640
-26,579
14,482
17,265
Dividends Paid
Retained Profit
-16,641
-22,642
-3,597
-16,481
-6,703
-2,433
-27,948
23,886
35,437
19,875
20,640
-26,579
14,482
17,265
Employee Costs
47,484
94,713
45,554
41,177
49,420
200,752
190,165
51,367
50,186
51,268
51,500
52,904
48,761
46,773
Number Of Employees
1
2
1
1
1
4
4
1
1
1
1
1
1
1
EBITDA*
-17,111
-22,749
-3,597
-16,481
-6,703
-2,433
-28,100
29,365
43,950
24,968
26,791
-26,566
19,612
24,200
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Tangible Assets
32
32
48
95
143
191
255
340
454
605
807
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
32
32
48
95
143
191
255
340
454
605
807
Stock & work in progress
Trade Debtors
47,844
51,409
75,639
74,577
94,179
71
16,500
47
13,317
Group Debtors
Misc Debtors
8,093
8,136
Cash
1,750
17,067
121,279
94,921
69,257
40,991
10,289
44,823
19,241
misc current assets
total current assets
9,843
25,203
47,844
51,409
75,639
74,577
94,179
121,350
111,421
69,257
40,991
10,289
44,870
32,558
total assets
9,843
25,203
47,844
51,441
75,671
74,625
94,274
121,493
111,612
69,512
41,331
10,743
45,475
33,365
Bank overdraft
Bank loan
Trade Creditors
1
7,749
17,216
16,486
24,634
23,828
12,542
2,034
13,727
16,099
Group/Directors Accounts
5,857
2,980
3,540
other short term finances
hp & lease commitments
other current liabilities
1,280
total current liabilities
1,281
7,749
17,216
16,486
30,491
23,828
15,522
5,574
13,727
16,099
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,281
7,749
17,216
16,486
30,491
23,828
15,522
5,574
13,727
16,099
net assets
8,562
25,203
47,844
51,441
67,922
74,625
77,058
105,007
81,121
45,684
25,809
5,169
31,748
17,266
total shareholders funds
8,562
25,203
47,844
51,441
67,922
74,625
77,058
105,007
81,121
45,684
25,809
5,169
31,748
17,266
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Operating Activities
Operating Profit
-17,111
-22,749
-3,597
-16,481
-6,703
-2,433
-28,100
29,317
43,886
24,883
26,677
-26,717
19,410
23,931
Depreciation
48
64
85
114
151
202
269
Amortisation
Tax
-5,971
-8,859
-5,283
-6,165
-5,088
-6,714
Stock
Debtors
-43
-39,708
-3,565
-24,230
1,062
-19,602
94,108
-16,429
16,500
-47
-13,270
13,317
Creditors
1
-7,749
7,749
-17,216
730
-8,148
806
11,286
10,508
-11,693
-2,372
16,099
Accruals and Deferred Income
1,280
Deferred Taxes & Provisions
Cash flow from operations
-15,787
16,959
-32
-16
-47
-121,478
31,675
19,397
30,971
31,134
-38,212
25,422
20,268
Investing Activities
capital expenditure
32
16
47
48
-1,076
Change in Investments
cash flow from investments
32
16
47
48
-1,076
Financing Activities
Bank loans
Group/Directors Accounts
-5,857
5,857
-2,980
-560
3,540
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
-1
1
interest
470
107
152
541
410
276
128
138
160
48
cash flow from financing
470
108
151
-5,316
6,267
-2,704
-432
3,678
160
49
cash and cash equivalents
cash
-15,317
17,067
-121,279
26,358
25,664
28,266
30,702
-34,534
25,582
19,241
overdraft
change in cash
-15,317
17,067
-121,279
26,358
25,664
28,266
30,702
-34,534
25,582
19,241
222procure ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 222procure ltd. Get real-time insights into 222procure ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 222procure ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NW8 area or any other competitors across 12 key performance metrics.
222procure ltd Ownership
222PROCURE LTD group structure
222Procure Ltd has no subsidiary companies.
Ultimate parent company
222PROCURE LTD
06949004
222PROCURE LTD Shareholders
The sole shareholder of 222Procure Ltd is Adetutu Odunsi.
adetutu odunsi
100%
222procure ltd directors
222Procure Ltd currently has 1 director, Miss Adetutu Odunsi serving since Jul 2009.
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2009
age
16
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
TAXASSIST ACCOUNTANTS
auditor
-
address
6 capland house capland street, london, london, NW8 8LL
Bank
-
Legal Advisor
-
222procure 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 222procure ltd.
222procure 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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222procure ltdCompanies House Filings - See Documents
