2 step investments ltd
2 step investments ltd Company Information
Company Number
07794411
Website
-Registered Address
suite d, the business centre, faringdon a, romford, essex, RM3 8EN
Industry
Development of building projects
Telephone
-
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
rehall holdings limited 100%
2 step investments ltd Estimated Valuation
Pomanda estimates the enterprise value of 2 STEP INVESTMENTS LTD at £167.4k based on a Turnover of £343.9k and 0.49x industry multiple (adjusted for size and gross margin).
2 step investments ltd Estimated Valuation
Pomanda estimates the enterprise value of 2 STEP INVESTMENTS LTD at £237.7k based on an EBITDA of £64.3k and a 3.7x industry multiple (adjusted for size and gross margin).
2 step investments ltd Estimated Valuation
Pomanda estimates the enterprise value of 2 STEP INVESTMENTS LTD at £6.2m based on Net Assets of £4.2m and 1.49x industry multiple (adjusted for liquidity).
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2 Step Investments Ltd Overview
2 Step Investments Ltd is a live company located in romford, RM3 8EN with a Companies House number of 07794411. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2011, it's largest shareholder is rehall holdings limited with a 100% stake. 2 Step Investments Ltd is a established, micro sized company, Pomanda has estimated its turnover at £343.9k with declining growth in recent years.
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2 Step Investments Ltd Health Check
Pomanda's financial health check has awarded 2 Step Investments Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £343.9k, make it smaller than the average company (£2.3m)
- 2 Step Investments Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.8%)
- 2 Step Investments Ltd
1.8% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- 2 Step Investments Ltd
26% - Industry AVG
Profitability
an operating margin of 18.7% make it more profitable than the average company (9.7%)
- 2 Step Investments Ltd
9.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - 2 Step Investments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has an equivalent pay structure (£47.2k)
- 2 Step Investments Ltd
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £114.6k, this is less efficient (£287.5k)
- 2 Step Investments Ltd
£287.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (30 days)
- 2 Step Investments Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (30 days)
- 2 Step Investments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2 Step Investments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - 2 Step Investments Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (75%)
35.8% - 2 Step Investments Ltd
75% - Industry AVG
2 STEP INVESTMENTS LTD financials
2 Step Investments Ltd's latest turnover from December 2022 is estimated at £343.9 thousand and the company has net assets of £4.2 million. According to their latest financial statements, 2 Step Investments Ltd has 3 employees and maintains cash reserves of £41.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 1,017,674 | 12,512 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 6,144,273 | 6,000,000 | 6,000,000 | 1,361,453 | 0 | 879,915 | 687,581 | 585,438 | 654,704 | 600,767 | 491,326 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,144,273 | 6,000,000 | 6,000,000 | 1,361,453 | 1,017,674 | 892,427 | 687,581 | 585,438 | 654,704 | 600,767 | 491,326 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 128,062 | 303,642 | 242,148 | 0 | 0 |
| Trade Debtors | 3,433 | 1,887 | 1,440 | 0 | 16,095 | 0 | 0 | 236,758 | 3,582 | 156,456 | 4 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 313,091 | 238,727 | 17,831 | 16,830 | 0 | 16,044 | 11,601 | 0 | 0 | 0 | 0 |
| Cash | 41,659 | 203,837 | 62,112 | 31,879 | 24,743 | 21,502 | 627,654 | 110,657 | 368 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 358,183 | 444,451 | 81,383 | 48,709 | 40,838 | 37,546 | 767,317 | 651,057 | 246,098 | 156,456 | 4 |
| total assets | 6,502,456 | 6,444,451 | 6,081,383 | 1,410,162 | 1,058,512 | 929,973 | 1,454,898 | 1,236,495 | 900,802 | 757,223 | 491,330 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 7,342 | 28,156 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,157 | 32,380 | 37,497 | 33,019 | 32,049 | 9,223 | 10,633 | 1,249,651 | 923,769 | 760,651 | 491,815 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 1,199,827 | 1,426,784 | 1,344,450 | 1,231,850 | 0 | 945,262 | 1,451,511 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,240,326 | 1,487,320 | 1,381,947 | 1,264,869 | 1,054,353 | 954,485 | 1,462,144 | 1,249,651 | 923,769 | 760,651 | 491,815 |
| loans | 0 | 9,384 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,085,756 | 825,174 | 825,174 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,085,756 | 834,558 | 825,174 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,326,082 | 2,321,878 | 2,207,121 | 1,264,869 | 1,054,353 | 954,485 | 1,462,144 | 1,249,651 | 923,769 | 760,651 | 491,815 |
| net assets | 4,176,374 | 4,122,573 | 3,874,262 | 145,293 | 4,159 | -24,512 | -7,246 | -13,156 | -22,967 | -3,428 | -485 |
| total shareholders funds | 4,176,374 | 4,122,573 | 3,874,262 | 145,293 | 4,159 | -24,512 | -7,246 | -13,156 | -22,967 | -3,428 | -485 |
| Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1,788 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -128,062 | -175,580 | 61,494 | 242,148 | 0 | 0 |
| Debtors | 75,910 | 221,343 | 2,441 | 735 | 51 | 4,443 | -225,157 | 233,176 | -152,874 | 156,452 | 4 |
| Creditors | 777 | -5,117 | 4,478 | 970 | 22,826 | -1,410 | -1,239,018 | 325,882 | 163,118 | 268,836 | 491,815 |
| Accruals and Deferred Income | -226,957 | 82,334 | 112,600 | 1,231,850 | -945,262 | -506,249 | 1,451,511 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 260,582 | 0 | 825,174 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 144,273 | 0 | 4,638,547 | 1,361,453 | -879,915 | 192,334 | 102,143 | -69,266 | 53,937 | 109,441 | 491,326 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -20,814 | 28,156 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,384 | 9,384 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -162,178 | 141,725 | 30,233 | 7,136 | 3,241 | -606,152 | 516,997 | 110,289 | 368 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -162,178 | 141,725 | 30,233 | 7,136 | 3,241 | -606,152 | 516,997 | 110,289 | 368 | 0 | 0 |
2 step investments ltd Credit Report and Business Information
2 Step Investments Ltd Competitor Analysis
Perform a competitor analysis for 2 step investments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RM3 area or any other competitors across 12 key performance metrics.
2 step investments ltd Ownership
2 STEP INVESTMENTS LTD group structure
2 Step Investments Ltd has no subsidiary companies.
2 step investments ltd directors
2 Step Investments Ltd currently has 4 directors. The longest serving directors include Mr Dermot Flannery (Jan 2017) and Mr Dan Shipton (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dermot Flannery | England | 48 years | Jan 2017 | - | Director |
| Mr Dan Shipton | England | 39 years | Jul 2017 | - | Director |
| Mr Eugene Flannery | England | 69 years | Jul 2020 | - | Director |
| Mr Patrick Flannery | England | 69 years | Jul 2020 | - | Director |
P&L
December 2022turnover
343.9k
+7%
operating profit
64.3k
0%
gross margin
26%
+14.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.2m
+0.01%
total assets
6.5m
+0.01%
cash
41.7k
-0.8%
net assets
Total assets minus all liabilities
2 step investments ltd company details
company number
07794411
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
suite d, the business centre, faringdon a, romford, essex, RM3 8EN
Bank
-
Legal Advisor
-
2 step investments 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 step investments ltd.
2 step investments ltd Companies House Filings - See Documents
| date | description | view/download |
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