2pure products (distribution) limited
2pure products (distribution) limited Company Information
Company Number
07816055
Next Accounts
Jul 2025
Shareholders
barry john donaghey
james law
View AllGroup Structure
View All
Industry
Manufacture of other chemical products n.e.c.
Registered Address
32 portland terrace, newcastle upon tyne, tyne and wear, NE2 1QP
Website
www.2pureproducts.co.uk2pure products (distribution) limited Estimated Valuation
Pomanda estimates the enterprise value of 2PURE PRODUCTS (DISTRIBUTION) LIMITED at £1.2m based on a Turnover of £2.3m and 0.54x industry multiple (adjusted for size and gross margin).
2pure products (distribution) limited Estimated Valuation
Pomanda estimates the enterprise value of 2PURE PRODUCTS (DISTRIBUTION) LIMITED at £581.8k based on an EBITDA of £150.5k and a 3.87x industry multiple (adjusted for size and gross margin).
2pure products (distribution) limited Estimated Valuation
Pomanda estimates the enterprise value of 2PURE PRODUCTS (DISTRIBUTION) LIMITED at £704.9k based on Net Assets of £339.1k and 2.08x industry multiple (adjusted for liquidity).
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2pure Products (distribution) Limited Overview
2pure Products (distribution) Limited is a live company located in tyne and wear, NE2 1QP with a Companies House number of 07816055. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in October 2011, it's largest shareholder is barry john donaghey with a 27.7% stake. 2pure Products (distribution) Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with high growth in recent years.
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2pure Products (distribution) Limited Health Check
Pomanda's financial health check has awarded 2Pure Products (Distribution) Limited a 2.5 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
2 Strong
4 Regular
6 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£20.5m)
- 2pure Products (distribution) Limited
£20.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.6%)
- 2pure Products (distribution) Limited
9.6% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
- 2pure Products (distribution) Limited
29.3% - Industry AVG
Profitability
an operating margin of 6.5% make it as profitable than the average company (6.2%)
- 2pure Products (distribution) Limited
6.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (57)
8 - 2pure Products (distribution) Limited
57 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- 2pure Products (distribution) Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £282.7k, this is less efficient (£356.2k)
- 2pure Products (distribution) Limited
£356.2k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (53 days)
- 2pure Products (distribution) Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (39 days)
- 2pure Products (distribution) Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (67 days)
- 2pure Products (distribution) Limited
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - 2pure Products (distribution) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.9%, this is a higher level of debt than the average (41.2%)
52.9% - 2pure Products (distribution) Limited
41.2% - Industry AVG
2PURE PRODUCTS (DISTRIBUTION) LIMITED financials
2Pure Products (Distribution) Limited's latest turnover from October 2023 is estimated at £2.3 million and the company has net assets of £339.1 thousand. According to their latest financial statements, 2Pure Products (Distribution) Limited has 8 employees and maintains cash reserves of £34.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 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 | 8 | 8 | 9 | 8 | 5 | 6 | 6 | 6 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,812 | 16,976 | 8,949 | 6,777 | 7,038 | 5,736 | 7,004 | 8,560 | 353 | |||
| Intangible Assets | 3,253 | 3,903 | 4,553 | 5,204 | 5,854 | 9,269 | 8,010 | |||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 27,065 | 20,879 | 13,502 | 11,981 | 12,892 | 5,736 | 7,004 | 8,560 | 9,269 | 8,010 | 353 | |
| Stock & work in progress | 85,250 | 83,972 | 58,975 | 55,173 | 33,545 | 7,000 | 7,000 | 5,000 | 1,000 | 395 | ||
| Trade Debtors | 536,376 | 436,692 | 162,633 | 302,167 | 185,539 | 93,820 | 43,914 | 221,083 | 17,399 | 7,047 | 399 | |
| Group Debtors | ||||||||||||
| Misc Debtors | 36,832 | 61,227 | 155,850 | 49,479 | 4,464 | 6,916 | ||||||
| Cash | 34,053 | 14,648 | 17,844 | 28,444 | 29,391 | 48,831 | 49,686 | 7,902 | 4,157 | 275 | ||
| misc current assets | ||||||||||||
| total current assets | 692,511 | 596,539 | 395,302 | 435,263 | 252,939 | 156,567 | 100,600 | 221,083 | 30,301 | 12,204 | 1,069 | |
| total assets | 719,576 | 617,418 | 408,804 | 447,244 | 265,831 | 162,303 | 107,604 | 229,643 | 39,570 | 20,214 | 1,422 | |
| Bank overdraft | 5,000 | 12,106 | ||||||||||
| Bank loan | 10,000 | 10,000 | 10,000 | 3,333 | 1,667 | 5,000 | ||||||
| Trade Creditors | 167,425 | 157,305 | 83,492 | 91,261 | 117,489 | 93,729 | 47,198 | 39,073 | 44,522 | 22,906 | 1,126 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 185,594 | 191,567 | 90,389 | 235,877 | 304,034 | 26,060 | 27,104 | 73,850 | ||||
| total current liabilities | 363,019 | 358,872 | 183,881 | 330,471 | 423,190 | 124,789 | 79,302 | 125,029 | 44,522 | 22,906 | 1,126 | |
| loans | 17,500 | 27,500 | 37,500 | 46,667 | 1,667 | 6,667 | 11,667 | |||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 151,054 | 150,000 | 24,033 | 7,064 | ||||||||
| provisions | ||||||||||||
| total long term liabilities | 17,500 | 27,500 | 37,500 | 46,667 | 152,721 | 156,667 | 11,667 | 24,033 | 7,064 | |||
| total liabilities | 380,519 | 386,372 | 221,381 | 377,138 | 423,190 | 277,510 | 235,969 | 136,696 | 68,555 | 29,970 | 1,126 | |
| net assets | 339,057 | 231,046 | 187,423 | 70,106 | -157,359 | -115,207 | -128,365 | 92,947 | -28,985 | -9,756 | 296 | |
| total shareholders funds | 339,057 | 231,046 | 187,423 | 70,106 | -157,359 | -115,207 | -128,365 | 92,947 | -28,985 | -9,756 | 296 |
| Oct 2023 | Oct 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 | 3,425 | 3,101 | 1,710 | 1,359 | 1,405 | 1,268 | 1,556 | 1,935 | 62 | |||
| Amortisation | 650 | 650 | 651 | 650 | 650 | 2,188 | ||||||
| Tax | ||||||||||||
| Stock | 1,278 | 24,997 | 3,802 | 21,628 | 26,545 | 7,000 | -5,000 | 4,000 | 605 | 395 | ||
| Debtors | 75,289 | 179,436 | -33,163 | 161,643 | 89,267 | 56,822 | -177,169 | 203,684 | 10,352 | 6,648 | 399 | |
| Creditors | 10,120 | 73,813 | -7,769 | -26,228 | 23,760 | 46,531 | 8,125 | -5,449 | 21,616 | 21,780 | 1,126 | |
| Accruals and Deferred Income | -5,973 | 101,178 | -145,488 | -68,157 | 277,974 | -1,044 | -46,746 | 73,850 | ||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 6,667 | 1,666 | -3,333 | 5,000 | ||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -10,000 | -10,000 | -9,167 | 46,667 | -1,667 | -5,000 | -5,000 | 11,667 | ||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -151,054 | 1,054 | 150,000 | -24,033 | 16,969 | 7,064 | ||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 19,405 | -3,196 | -10,600 | -947 | -19,440 | -855 | 49,686 | -7,902 | 3,745 | 3,882 | 275 | |
| overdraft | -5,000 | -7,106 | 12,106 | |||||||||
| change in cash | 19,405 | -3,196 | -10,600 | -947 | -19,440 | 4,145 | 56,792 | -20,008 | 3,745 | 3,882 | 275 |
2pure products (distribution) limited Credit Report and Business Information
2pure Products (distribution) Limited Competitor Analysis
Perform a competitor analysis for 2pure products (distribution) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NE2 area or any other competitors across 12 key performance metrics.
2pure products (distribution) limited Ownership
2PURE PRODUCTS (DISTRIBUTION) LIMITED group structure
2Pure Products (Distribution) Limited has no subsidiary companies.
Ultimate parent company
2PURE PRODUCTS (DISTRIBUTION) LIMITED
07816055
2pure products (distribution) limited directors
2Pure Products (Distribution) Limited currently has 6 directors. The longest serving directors include Mr Barry Donaghey (Oct 2011) and Mr James Law (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Donaghey | United Kingdom | 68 years | Oct 2011 | - | Director |
| Mr James Law | United Kingdom | 53 years | Sep 2014 | - | Director |
| Mr David Wildy | United Kingdom | 52 years | May 2016 | - | Director |
| Dr Philip Nichols | England | 58 years | May 2016 | - | Director |
| Mr Iain Moodie | United Kingdom | 58 years | Sep 2021 | - | Director |
| Mr Iain Moodie | 58 years | Sep 2021 | - | Director |
P&L
October 2023turnover
2.3m
+27%
operating profit
146.4k
0%
gross margin
29.3%
-2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
339.1k
+0.47%
total assets
719.6k
+0.17%
cash
34.1k
+1.32%
net assets
Total assets minus all liabilities
Similar Companies
2pure products (distribution) limited company details
company number
07816055
Type
Private limited with Share Capital
industry
20590 - Manufacture of other chemical products n.e.c.
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
maggie inns limited (June 2013)
accountant
-
auditor
-
address
32 portland terrace, newcastle upon tyne, tyne and wear, NE2 1QP
Bank
-
Legal Advisor
-
2pure products (distribution) 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 2pure products (distribution) limited.
2pure products (distribution) 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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2pure products (distribution) limited Companies House Filings - See Documents
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