2ler limited

Dissolved 

2ler limited Company Information

Share 2LER LIMITED

Company Number

08044068

Directors

Wayne Staples

Shareholders

wayne neil staples

Group Structure

View All

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

16 arlington avenue, mansfield woodhouse, mansfield, nottinghamshire, NG19 9DH

Website

-

2ler limited Estimated Valuation

£10k

Pomanda estimates the enterprise value of 2LER LIMITED at £10k based on a Turnover of £29.7k and 0.34x industry multiple (adjusted for size and gross margin).

2ler limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 2LER LIMITED at £0 based on an EBITDA of £-11.1k and a 2.85x industry multiple (adjusted for size and gross margin).

2ler limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 2LER LIMITED at £0 based on Net Assets of £-8.6k and 2.36x industry multiple (adjusted for liquidity).

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2ler Limited Overview

2ler Limited is a dissolved company that was located in mansfield, NG19 9DH with a Companies House number of 08044068. It operated in the other engineering activities sector, SIC Code 71129. Founded in April 2012, it's largest shareholder was wayne neil staples with a 100% stake. The last turnover for 2ler Limited was estimated at £29.7k.

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2ler Limited Health Check

Pomanda's financial health check has awarded 2Ler Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £29.7k, make it smaller than the average company (£1.8m)

£29.7k - 2ler Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.1%)

-9% - 2ler Limited

2.1% - Industry AVG

production

Production

with a gross margin of 16.8%, this company has a higher cost of product (34.7%)

16.8% - 2ler Limited

34.7% - Industry AVG

profitability

Profitability

an operating margin of -37.4% make it less profitable than the average company (5.7%)

-37.4% - 2ler Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (21)

1 - 2ler Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - 2ler Limited

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.7k, this is less efficient (£102.7k)

£29.7k - 2ler Limited

£102.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (60 days)

1 days - 2ler Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 128 days, this is slower than average (24 days)

128 days - 2ler Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 2ler Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 2ler Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9806.7%, this is a higher level of debt than the average (62.4%)

9806.7% - 2ler Limited

62.4% - Industry AVG

2LER LIMITED financials

EXPORTms excel logo

2Ler Limited's latest turnover from April 2021 is estimated at £29.7 thousand and the company has net assets of -£8.6 thousand. According to their latest financial statements, 2Ler Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Turnover29,72049,25048,77339,23749,32441,75533,29521,07415,783
Other Income Or Grants
Cost Of Sales24,72441,51739,87032,53140,36734,52426,48616,91112,596
Gross Profit4,9967,7338,9036,7078,9577,2316,8084,1633,186
Admin Expenses16,1048,60212,39010,662-4048,0939,822-214-1,220
Operating Profit-11,108-869-3,487-3,9559,361-862-3,0144,3774,406
Interest Payable
Interest Receivable373243486028
Pre-Tax Profit-11,108-869-3,487-3,9189,394-819-2,9664,4374,434
Tax-1,785-932-1,020
Profit After Tax-11,108-869-3,487-3,9187,609-819-2,9663,5053,414
Dividends Paid
Retained Profit-11,108-869-3,487-3,9187,609-819-2,9663,5053,414
Employee Costs46,46046,62048,88747,47546,41647,38247,28046,09344,856
Number Of Employees111111111
EBITDA*-11,108-869-3,487-3,9559,361-862-3,0144,3774,406

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors8912,23111,99011,94412,0207,7917,6483,2101,527
Group Debtors
Misc Debtors
Cash14,86311,0266,12013,04511,011
misc current assets5614,007
total current assets8912,23112,55115,95126,88318,81713,76816,25512,538
total assets8912,23112,55115,95126,88318,81713,76816,25512,538
Bank overdraft
Bank loan
Trade Creditors 8,7289,7629,2139,12616,04015,5839,7159,2369,024
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities8,7289,7629,2139,12616,04015,5839,7159,2369,024
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities8,7289,7629,2139,12616,04015,5839,7159,2369,024
net assets-8,6392,4693,3386,82510,8433,2344,0537,0193,514
total shareholders funds-8,6392,4693,3386,82510,8433,2344,0537,0193,514
Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Operating Activities
Operating Profit-11,108-869-3,487-3,9559,361-862-3,0144,3774,406
Depreciation
Amortisation
Tax-1,785-932-1,020
Stock
Debtors-12,14224146-764,2291434,4381,6831,527
Creditors-1,03454987-6,9144575,8684792129,024
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-561-3,446-10,7933,8044,863-6,9731,97410,883
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest373243486028
cash flow from financing-6332434860128
cash and cash equivalents
cash-14,8633,8374,906-6,9252,03411,011
overdraft
change in cash-14,8633,8374,906-6,9252,03411,011

2ler 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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2ler Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 2ler limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in NG19 area or any other competitors across 12 key performance metrics.

2ler limited Ownership

2LER LIMITED group structure

2Ler Limited has no subsidiary companies.

Ultimate parent company

2LER LIMITED

08044068

2LER LIMITED Shareholders

wayne neil staples 100%

2ler limited directors

2Ler Limited currently has 1 director, Mr Wayne Staples serving since Apr 2012.

officercountryagestartendrole
Mr Wayne StaplesEngland61 years Apr 2012- Director

P&L

April 2021

turnover

29.7k

-40%

operating profit

-11.1k

0%

gross margin

16.9%

+7.05%

turnover

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

Balance Sheet

April 2021

net assets

-8.6k

-4.5%

total assets

89

-0.99%

cash

0

0%

net assets

Total assets minus all liabilities

2ler limited company details

company number

08044068

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

April 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2021

previous names

N/A

accountant

-

auditor

-

address

16 arlington avenue, mansfield woodhouse, mansfield, nottinghamshire, NG19 9DH

Bank

-

Legal Advisor

-

2ler 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 2ler limited.

2ler 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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2ler limited Companies House Filings - See Documents

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