two circles rights management limited
two circles rights management limited Company Information
Company Number
08734523
Next Accounts
Sep 2025
Shareholders
two circles limited
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
c/o corporation service company, 5 churchill place, london, E14 5HU
Website
www.hthandassociates.comtwo circles rights management limited Estimated Valuation
Pomanda estimates the enterprise value of TWO CIRCLES RIGHTS MANAGEMENT LIMITED at £9.4m based on a Turnover of £10.9m and 0.87x industry multiple (adjusted for size and gross margin).
two circles rights management limited Estimated Valuation
Pomanda estimates the enterprise value of TWO CIRCLES RIGHTS MANAGEMENT LIMITED at £24.1m based on an EBITDA of £4.2m and a 5.71x industry multiple (adjusted for size and gross margin).
two circles rights management limited Estimated Valuation
Pomanda estimates the enterprise value of TWO CIRCLES RIGHTS MANAGEMENT LIMITED at £24.2m based on Net Assets of £12.3m and 1.96x industry multiple (adjusted for liquidity).
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Two Circles Rights Management Limited Overview
Two Circles Rights Management Limited is a live company located in london, E14 5HU with a Companies House number of 08734523. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2013, it's largest shareholder is two circles limited with a 100% stake. Two Circles Rights Management Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.9m with rapid growth in recent years.
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Two Circles Rights Management Limited Health Check
Pomanda's financial health check has awarded Two Circles Rights Management Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £10.9m, make it larger than the average company (£1.2m)
£10.9m - Two Circles Rights Management Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1796%, show it is growing at a faster rate (8%)
1796% - Two Circles Rights Management Limited
8% - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (42%)
42% - Two Circles Rights Management Limited
42% - Industry AVG
Profitability
an operating margin of 38.6% make it more profitable than the average company (6.4%)
38.6% - Two Circles Rights Management Limited
6.4% - Industry AVG
Employees
with 54 employees, this is above the industry average (15)
54 - Two Circles Rights Management Limited
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Two Circles Rights Management Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £201.8k, this is more efficient (£104.2k)
£201.8k - Two Circles Rights Management Limited
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 240 days, this is later than average (31 days)
240 days - Two Circles Rights Management Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (41 days)
1 days - Two Circles Rights Management Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Two Circles Rights Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (38 weeks)
6 weeks - Two Circles Rights Management Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.7%, this is a lower level of debt than the average (48.1%)
32.7% - Two Circles Rights Management Limited
48.1% - Industry AVG
TWO CIRCLES RIGHTS MANAGEMENT LIMITED financials
Two Circles Rights Management Limited's latest turnover from December 2023 is £10.9 million and the company has net assets of £12.3 million. According to their latest financial statements, Two Circles Rights Management Limited has 54 employees and maintains cash reserves of £767 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,899,000 | 11,872,000 | 11,581,000 | 1,598 | 4,095 | ||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 73 | 391 | |||||||||
| Gross Profit | 1,525 | 3,704 | |||||||||
| Admin Expenses | 3,050 | 2,820 | |||||||||
| Operating Profit | -1,525 | 884 | |||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 4,187,000 | 7,149,000 | 6,702,000 | -1,525 | 884 | ||||||
| Tax | -999,000 | -1,358,000 | -965,000 | -22 | -193 | ||||||
| Profit After Tax | 3,188,000 | 5,791,000 | 5,737,000 | -1,547 | 691 | ||||||
| Dividends Paid | |||||||||||
| Retained Profit | 3,188,000 | 5,791,000 | 5,737,000 | -1,547 | 691 | ||||||
| Employee Costs | |||||||||||
| Number Of Employees | 54 | 30 | 30 | 28 | 25 | ||||||
| EBITDA* | -1,517 | 904 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,000 | 26,000 | 30,000 | 42 | 47 | 33,593 | 24,007 | 25,408 | 18,566 | 11,808 | |
| Intangible Assets | |||||||||||
| Investments & Other | 86 | 100 | 100 | ||||||||
| Debtors (Due After 1 year) | 361,000 | 65,025 | |||||||||
| Total Fixed Assets | 373,000 | 26,000 | 30,000 | 42 | 47 | 98,704 | 24,107 | 25,508 | 18,566 | 11,808 | |
| Stock & work in progress | |||||||||||
| Trade Debtors | 7,176,000 | 1,433,000 | 1,004,000 | 248 | 990 | 440,842 | 957,633 | 1,422,032 | 1,021,248 | 86,413 | |
| Group Debtors | 4,686,000 | 6,152,000 | 1,388,000 | 1,067 | 995 | 1,063,489 | 419,290 | ||||
| Misc Debtors | 5,337,000 | 8,812,000 | 4,437,000 | 2,416 | 3,656 | 254,480 | 242,293 | 171,707 | 77,339 | ||
| Cash | 767,000 | 720,000 | 2,684,000 | 669 | 833 | 1,008,318 | 1,054,013 | 354,896 | 130,519 | 573,409 | |
| misc current assets | |||||||||||
| total current assets | 17,966,000 | 17,117,000 | 9,513,000 | 4,400 | 6,474 | 2,767,129 | 2,673,229 | 1,948,635 | 1,229,106 | 659,822 | |
| total assets | 18,339,000 | 17,143,000 | 9,543,000 | 4,442 | 6,521 | 2,865,833 | 2,697,336 | 1,974,143 | 1,247,672 | 671,630 | |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 26,000 | 29,000 | 19,000 | 18 | 153 | 73,150 | 153,806 | 40,881 | 155,631 | 217,215 | |
| Group/Directors Accounts | 1,934,000 | 4,751,000 | 1,137,000 | ||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 4,045,000 | 2,563,000 | 1,578,000 | 264 | 660 | 229,750 | 452,789 | 550,473 | 305,473 | ||
| total current liabilities | 6,005,000 | 7,343,000 | 2,734,000 | 282 | 813 | 302,900 | 606,595 | 591,354 | 461,104 | 217,215 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 16 | 18 | 6,383 | 4,561 | 4,828 | 3,713 | |||||
| total long term liabilities | 8 | 9 | 6,383 | 4,561 | 4,828 | 3,713 | |||||
| total liabilities | 6,005,000 | 7,343,000 | 2,734,000 | 290 | 822 | 309,283 | 611,156 | 596,182 | 464,817 | 217,215 | |
| net assets | 12,334,000 | 9,800,000 | 6,809,000 | 4,152 | 5,699 | 2,556,550 | 2,086,180 | 1,377,961 | 782,855 | 454,415 | |
| total shareholders funds | 12,334,000 | 9,800,000 | 6,809,000 | 4,152 | 5,699 | 2,556,550 | 2,086,180 | 1,377,961 | 782,855 | 454,415 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -1,525 | 884 | |||||||||
| Depreciation | 14,000 | 18,000 | 19,000 | 8 | 20 | 14,616 | 12,253 | 9,275 | 5,753 | 2,386 | |
| Amortisation | |||||||||||
| Tax | -999,000 | -1,358,000 | -965,000 | -22 | -193 | ||||||
| Stock | |||||||||||
| Debtors | 1,163,000 | 9,568,000 | 6,825,269 | -1,820,105 | -1,818,195 | 204,620 | 25,477 | 495,152 | 1,012,174 | 86,413 | |
| Creditors | -3,000 | 10,000 | 18,982 | -73,132 | -72,997 | -80,656 | 112,925 | -114,750 | -61,584 | 217,215 | |
| Accruals and Deferred Income | 1,482,000 | 985,000 | 1,577,736 | -229,486 | -229,090 | -223,039 | -97,684 | 245,000 | 305,473 | ||
| Deferred Taxes & Provisions | -16 | -6,367 | -6,365 | 1,822 | -267 | 1,115 | 3,713 | ||||
| Cash flow from operations | 1,509,581 | 1,510,454 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -86 | -86 | -14 | 100 | |||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -2,817,000 | 3,614,000 | 1,137,000 | ||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | -3,471,000 | 814,000 | 2,204,848 | -2,550,851 | -2,551,542 | ||||||
| cash and cash equivalents | |||||||||||
| cash | 47,000 | -1,964,000 | 2,683,331 | -1,007,649 | -1,007,485 | -45,695 | 699,117 | 224,377 | -442,890 | 573,409 | |
| overdraft | |||||||||||
| change in cash | 47,000 | -1,964,000 | 2,683,331 | -1,007,649 | -1,007,485 | -45,695 | 699,117 | 224,377 | -442,890 | 573,409 |
two circles rights management limited Credit Report and Business Information
Two Circles Rights Management Limited Competitor Analysis
Perform a competitor analysis for two circles rights management limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
two circles rights management limited Ownership
TWO CIRCLES RIGHTS MANAGEMENT LIMITED group structure
Two Circles Rights Management Limited has no subsidiary companies.
Ultimate parent company
TWO CIRCLES HOLDINGS LTD
#0166414
2 parents
TWO CIRCLES RIGHTS MANAGEMENT LIMITED
08734523
two circles rights management limited directors
Two Circles Rights Management Limited currently has 2 directors. The longest serving directors include Mr Gareth Balch (Nov 2020) and Mr Tim Thomas (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Balch | United Kingdom | 41 years | Nov 2020 | - | Director |
| Mr Tim Thomas | United Kingdom | 52 years | Jan 2023 | - | Director |
P&L
December 2023turnover
10.9m
-8%
operating profit
4.2m
0%
gross margin
42.1%
+1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.3m
+0.26%
total assets
18.3m
+0.07%
cash
767k
+0.07%
net assets
Total assets minus all liabilities
two circles rights management limited company details
company number
08734523
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
hth associates limited (May 2023)
nth degree associates limited (November 2013)
accountant
-
auditor
BDO LLP
address
c/o corporation service company, 5 churchill place, london, E14 5HU
Bank
-
Legal Advisor
-
two circles rights management 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 found 7 charges/mortgages relating to two circles rights management limited. Currently there are 1 open charges and 6 have been satisfied in the past.
two circles rights management 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.
Click to start generating capital raising & share issue transactions for TWO CIRCLES RIGHTS MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
two circles rights management limited Companies House Filings - See Documents
| date | description | view/download |
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