2:30 limited
2:30 limited Company Information
Company Number
07028276
Website
-Registered Address
magnolia house, spring villa par, 11 spring villa road, edgware, HA8 7EB
Industry
Dental practice activities
Telephone
01536268336
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
a & k partners ltd 100%
2:30 limited Estimated Valuation
Pomanda estimates the enterprise value of 2:30 LIMITED at £570.1k based on a Turnover of £1.3m and 0.43x industry multiple (adjusted for size and gross margin).
2:30 limited Estimated Valuation
Pomanda estimates the enterprise value of 2:30 LIMITED at £191.3k based on an EBITDA of £48.3k and a 3.97x industry multiple (adjusted for size and gross margin).
2:30 limited Estimated Valuation
Pomanda estimates the enterprise value of 2:30 LIMITED at £368.6k based on Net Assets of £130.4k and 2.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
2:30 Limited Overview
2:30 Limited is a live company located in edgware, HA8 7EB with a Companies House number of 07028276. It operates in the dental practice activities sector, SIC Code 86230. Founded in September 2009, it's largest shareholder is a & k partners ltd with a 100% stake. 2:30 Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
2:30 Limited Health Check
Pomanda's financial health check has awarded 2:30 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.3m, make it larger than the average company (£921.3k)
- 2:30 Limited
£921.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (2.5%)
- 2:30 Limited
2.5% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (49%)
- 2:30 Limited
49% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (7.6%)
- 2:30 Limited
7.6% - Industry AVG
Employees
with 20 employees, this is above the industry average (11)
20 - 2:30 Limited
11 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
- 2:30 Limited
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £66.2k, this is less efficient (£83.6k)
- 2:30 Limited
£83.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 2:30 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is close to average (25 days)
- 2:30 Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (11 days)
- 2:30 Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (2 weeks)
46 weeks - 2:30 Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (52.9%)
76.5% - 2:30 Limited
52.9% - Industry AVG
2:30 LIMITED financials
2:30 Limited's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of £130.4 thousand. According to their latest financial statements, 2:30 Limited has 20 employees and maintains cash reserves of £348.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 20 | 20 | 20 | 19 | 25 | 23 | 17 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 198,810 | 201,765 | 151,404 | 119,935 | 119,605 | 132,810 | 146,254 | 140,536 | 152,353 | 92,480 | 91,003 | 65,892 | 42,283 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 8,984 | 5,380 | 5,380 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 198,810 | 201,765 | 160,388 | 125,315 | 124,985 | 132,810 | 146,254 | 140,536 | 152,353 | 92,480 | 91,003 | 65,892 | 42,283 |
| Stock & work in progress | 7,670 | 7,530 | 7,100 | 7,324 | 6,824 | 6,440 | 8,000 | 8,000 | 6,400 | 6,400 | 6,400 | 6,400 | 6,400 |
| Trade Debtors | 0 | 0 | 55,844 | 66,349 | 64,015 | 36,476 | 52,139 | 57,344 | 159,884 | 134,031 | 124,615 | 201,265 | 194,171 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 4,548 | 1,778 | 0 | 3,834 | 5,848 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 348,340 | 220,002 | 302,666 | 45,021 | 184,914 | 197,382 | 754,645 | 156,661 | 1,351 | 82,840 | 77,920 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 356,010 | 227,532 | 370,158 | 120,472 | 255,753 | 244,132 | 820,632 | 222,005 | 167,635 | 223,271 | 208,935 | 207,665 | 200,571 |
| total assets | 554,820 | 429,297 | 530,546 | 245,787 | 380,738 | 376,942 | 966,886 | 362,541 | 319,988 | 315,751 | 299,938 | 273,557 | 242,854 |
| Bank overdraft | 0 | 0 | 0 | 3,724 | 441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 48,059 | 53,497 | 41,890 | 42,770 | 0 | 54,265 | 27,983 | 122,628 | 140,341 | 107,989 | 103,386 | 178,709 | 229,196 |
| Group/Directors Accounts | 44 | 30 | 350 | 1 | 9,662 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 343,900 | 229,218 | 178,839 | 107,777 | 147,769 | 148,242 | 373,594 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 392,003 | 282,745 | 221,079 | 154,272 | 157,872 | 202,507 | 401,577 | 122,628 | 140,341 | 107,989 | 103,386 | 178,709 | 229,196 |
| loans | 32,372 | 42,079 | 50,000 | 0 | 0 | 38,019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 153,008 | 2,841 | 0 | 0 | 0 | 0 | 0 | 0 | 97,036 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,703 | 15,166 | 15,663 | 15,367 | 10,345 | 0 |
| total long term liabilities | 32,372 | 42,079 | 203,008 | 2,841 | 0 | 38,019 | 0 | 23,703 | 15,166 | 15,663 | 112,403 | 10,345 | 0 |
| total liabilities | 424,375 | 324,824 | 424,087 | 157,113 | 157,872 | 240,526 | 401,577 | 146,331 | 155,507 | 123,652 | 215,789 | 189,054 | 229,196 |
| net assets | 130,445 | 104,473 | 106,459 | 88,674 | 222,866 | 136,416 | 565,309 | 216,210 | 164,481 | 192,099 | 84,149 | 84,503 | 13,658 |
| total shareholders funds | 130,445 | 104,473 | 106,459 | 88,674 | 222,866 | 136,416 | 565,309 | 216,210 | 164,481 | 192,099 | 84,149 | 84,503 | 13,658 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 24,456 | 28,504 | 15,523 | 13,971 | 13,205 | 15,822 | 29,758 | 15,473 | 17,972 | 17,354 | 16,849 | 10,438 | 10,571 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | 140 | 430 | -224 | 500 | 384 | -1,560 | 8,000 | 1,600 | 0 | 0 | 0 | 0 | 6,400 |
| Debtors | 0 | -69,376 | -4,131 | 4,112 | 29,085 | -17,677 | 57,987 | -102,540 | 25,853 | 9,416 | -76,650 | 7,094 | 194,171 |
| Creditors | -5,438 | 11,607 | -880 | 42,770 | -54,265 | 26,282 | 27,983 | -17,713 | 32,352 | 4,603 | -75,323 | -50,487 | 229,196 |
| Accruals and Deferred Income | 114,682 | 50,379 | 71,062 | -39,992 | -473 | -225,352 | 373,594 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,537 | -497 | 296 | 5,022 | 10,345 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 14 | -320 | 349 | -9,661 | 9,662 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,707 | -7,921 | 50,000 | 0 | -38,019 | 38,019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -153,008 | 150,167 | 2,841 | 0 | 0 | 0 | 0 | 0 | -97,036 | 97,036 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 128,338 | -82,664 | 257,645 | -139,893 | -12,468 | -557,263 | 754,645 | 155,310 | -81,489 | 4,920 | 77,920 | 0 | 0 |
| overdraft | 0 | 0 | -3,724 | 3,283 | 441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 128,338 | -82,664 | 261,369 | -143,176 | -12,909 | -557,263 | 754,645 | 155,310 | -81,489 | 4,920 | 77,920 | 0 | 0 |
2:30 limited Credit Report and Business Information
2:30 Limited Competitor Analysis
Perform a competitor analysis for 2:30 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
2:30 limited Ownership
2:30 LIMITED group structure
2:30 Limited has no subsidiary companies.
2:30 limited directors
2:30 Limited currently has 2 directors. The longest serving directors include Mr Ketan Panchal (Jun 2015) and Mr Avinash Bhundia (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ketan Panchal | England | 40 years | Jun 2015 | - | Director |
| Mr Avinash Bhundia | England | 46 years | Jun 2015 | - | Director |
P&L
March 2023turnover
1.3m
+5%
operating profit
23.8k
0%
gross margin
49.1%
-0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
130.4k
+0.25%
total assets
554.8k
+0.29%
cash
348.3k
+0.58%
net assets
Total assets minus all liabilities
Similar Companies
2:30 limited company details
company number
07028276
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
September 2009
age
15
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
magnolia house, spring villa par, 11 spring villa road, edgware, HA8 7EB
last accounts submitted
March 2023
2:30 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 2:30 limited.
2:30 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
