two at six limited

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two at six limited Company Information

Share TWO AT SIX LIMITED

Company Number

07441970

Shareholders

stephanie harris

paul harris

Group Structure

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Industry

Specialised design activities

 

Registered Address

102 ashby road, hinckley, LE10 1SN

two at six limited Estimated Valuation

£31.9k

Pomanda estimates the enterprise value of TWO AT SIX LIMITED at £31.9k based on a Turnover of £97.7k and 0.33x industry multiple (adjusted for size and gross margin).

two at six limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TWO AT SIX LIMITED at £0 based on an EBITDA of £-971 and a 2.75x industry multiple (adjusted for size and gross margin).

two at six limited Estimated Valuation

£28.8k

Pomanda estimates the enterprise value of TWO AT SIX LIMITED at £28.8k based on Net Assets of £14.3k and 2.01x industry multiple (adjusted for liquidity).

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Two At Six Limited Overview

Two At Six Limited is a live company located in hinckley, LE10 1SN with a Companies House number of 07441970. It operates in the specialised design activities sector, SIC Code 74100. Founded in November 2010, it's largest shareholder is stephanie harris with a 50% stake. Two At Six Limited is a established, micro sized company, Pomanda has estimated its turnover at £97.7k with declining growth in recent years.

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Two At Six Limited Health Check

Pomanda's financial health check has awarded Two At Six Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £97.7k, make it smaller than the average company (£193.5k)

£97.7k - Two At Six Limited

£193.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.9%)

-1% - Two At Six Limited

8.9% - Industry AVG

production

Production

with a gross margin of 27.4%, this company has a higher cost of product (47.5%)

27.4% - Two At Six Limited

47.5% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (8.1%)

-1% - Two At Six Limited

8.1% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - Two At Six Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)

£27.4k - Two At Six Limited

£27.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.9k, this is less efficient (£102.8k)

£48.9k - Two At Six Limited

£102.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 120 days, this is later than average (66 days)

120 days - Two At Six Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 138 days, this is slower than average (38 days)

138 days - Two At Six Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Two At Six Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Two At Six Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.2%, this is a higher level of debt than the average (53.7%)

65.2% - Two At Six Limited

53.7% - Industry AVG

TWO AT SIX LIMITED financials

EXPORTms excel logo

Two At Six Limited's latest turnover from November 2023 is estimated at £97.7 thousand and the company has net assets of £14.3 thousand. According to their latest financial statements, Two At Six Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011
Turnover97,73686,631143,196102,196107,20897,46989,14296,318124,61222,94564,24947,95947,159
Other Income Or Grants0000000000000
Cost Of Sales70,99562,014102,63969,43271,65365,03655,54161,26581,94414,06439,58033,10830,654
Gross Profit26,74124,61740,55732,76535,55532,43433,60135,05342,6688,88124,66914,85116,505
Admin Expenses27,71273,356-2,84227,33929,56652,19516,88551,2102,6971,656-18,328-12,761-14,156
Operating Profit-971-48,73943,3995,4265,989-19,76116,716-16,15739,9717,22542,99727,61230,661
Interest Payable0000000000000
Interest Receivable000787223149751590000
Pre-Tax Profit-971-48,73943,3995,4326,077-19,53816,864-16,08240,1307,22542,99727,61230,661
Tax00-8,246-1,032-1,1550-3,2040-8,026-1,445-8,599-5,522-6,241
Profit After Tax-971-48,73935,1534,4004,922-19,53813,660-16,08232,1045,78034,39822,09024,420
Dividends Paid0000000005,50030,00021,72220,028
Retained Profit-971-48,73935,1534,4004,922-19,53813,660-16,08232,1042804,3983684,392
Employee Costs54,85854,72234,42228,16571,59383,25276,81238,13040,05440,25936,96436,90332,678
Number Of Employees2211222111111
EBITDA*-971-48,73943,3999,9056,652-18,74517,714-15,04441,4557,22542,99727,61230,661

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011
Tangible Assets8,9036,71910,14213,4391,9863,0502,9963,3394,4520000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets8,9036,71910,14213,4391,9863,0502,9963,3394,4520000
Stock & work in progress0000000000000
Trade Debtors32,37227,46380,59448,90533,96524,22523,40929,47927,6770016,0804,032
Group Debtors0000000000000
Misc Debtors00006977153,3281,60200000
Cash000013,06210,20949,26510,18450,07713,57234,1667,5158,441
misc current assets0000000000000
total current assets32,37227,46380,59448,90547,72435,14976,00241,26577,75413,57234,16623,59512,473
total assets41,27534,18290,73662,34449,71038,19978,99844,60482,20613,57234,16623,59512,473
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 26,92818,86426,13931,640000139,773900780660660
Group/Directors Accounts000030618171800000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities000024,31918,01839,29018,45603,23324,22718,1747,420
total current liabilities26,92818,86426,13931,64024,62518,03639,30718,47539,7734,13325,00718,8348,080
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income005401,800000000000
other liabilities0000000000000
provisions00005795795696688900000
total long term liabilities005401,8005795795696688900000
total liabilities26,92818,86426,67933,44025,20418,61539,87619,14340,6634,13325,00718,8348,080
net assets14,34715,31864,05728,90424,50619,58439,12225,46141,5439,4399,1594,7614,393
total shareholders funds14,34715,31864,05728,90424,50619,58439,12225,46141,5439,4399,1594,7614,393
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011
Operating Activities
Operating Profit-971-48,73943,3995,4265,989-19,76116,716-16,15739,9717,22542,99727,61230,661
Depreciation0004,4796631,0169981,1131,4840000
Amortisation0000000000000
Tax00-8,246-1,032-1,1550-3,2040-8,026-1,445-8,599-5,522-6,241
Stock0000000000000
Debtors4,909-53,13131,68914,2439,722-1,797-4,3443,40427,6770-16,08012,0484,032
Creditors8,064-7,275-5,50131,64000-1-39,77238,8731201200660
Accruals and Deferred Income0-540-1,260-22,5196,301-21,27220,83418,456-3,233-20,9946,05310,7547,420
Deferred Taxes & Provisions000-579010-99-2228900000
Cash flow from operations2,184-3,423-3,2973,1722,076-38,21039,588-39,98642,282-15,09456,65120,79628,468
Investing Activities
capital expenditure-2,1843,4233,297-15,932401-1,070-6550-5,9360000
Change in Investments0000000000000
cash flow from investments-2,1843,4233,297-15,932401-1,070-6550-5,9360000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts000-3062881-11800000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue000-2001000001
interest000787223149751590000
cash flow from financing000-301375224149931590001
cash and cash equivalents
cash000-13,0622,853-39,05639,081-39,89336,505-20,59426,651-9268,441
overdraft0000000000000
change in cash000-13,0622,853-39,05639,081-39,89336,505-20,59426,651-9268,441

two at six limited 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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Two At Six Limited Competitor Analysis

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Perform a competitor analysis for two at six limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LE10 area or any other competitors across 12 key performance metrics.

two at six limited Ownership

TWO AT SIX LIMITED group structure

Two At Six Limited has no subsidiary companies.

Ultimate parent company

TWO AT SIX LIMITED

07441970

TWO AT SIX LIMITED Shareholders

stephanie harris 50%
paul harris 50%

two at six limited directors

Two At Six Limited currently has 2 directors. The longest serving directors include Mr Paul Harris (Nov 2010) and Mrs Stephanie Harris (Dec 2021).

officercountryagestartendrole
Mr Paul HarrisEngland43 years Nov 2010- Director
Mrs Stephanie HarrisEngland42 years Dec 2021- Director

P&L

November 2023

turnover

97.7k

+13%

operating profit

-971

0%

gross margin

27.4%

-3.71%

turnover

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

Balance Sheet

November 2023

net assets

14.3k

-0.06%

total assets

41.3k

+0.21%

cash

0

0%

net assets

Total assets minus all liabilities

two at six limited company details

company number

07441970

Type

Private limited with Share Capital

industry

74100 - Specialised design activities

incorporation date

November 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

harris and me limited (September 2015)

accountant

THE TAX FARM

auditor

-

address

102 ashby road, hinckley, LE10 1SN

Bank

-

Legal Advisor

-

two at six 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 two at six limited.

two at six limited 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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two at six limited Companies House Filings - See Documents

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