alright 2 limited
alright 2 limited Company Information
Company Number
08867704
Next Accounts
Jul 2025
Shareholders
brian berman
john arthur burns
Group Structure
View All
Industry
Development of building projects
Registered Address
lynwood house, 373/375 station road, harrow, middlesex, HA1 2AW
Website
-alright 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ALRIGHT 2 LIMITED at £70.5k based on a Turnover of £147.8k and 0.48x industry multiple (adjusted for size and gross margin).
alright 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ALRIGHT 2 LIMITED at £176.7k based on an EBITDA of £46.9k and a 3.77x industry multiple (adjusted for size and gross margin).
alright 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ALRIGHT 2 LIMITED at £959.2k based on Net Assets of £678.9k and 1.41x industry multiple (adjusted for liquidity).
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Alright 2 Limited Overview
Alright 2 Limited is a live company located in harrow, HA1 2AW with a Companies House number of 08867704. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2014, it's largest shareholder is brian berman with a 67% stake. Alright 2 Limited is a established, micro sized company, Pomanda has estimated its turnover at £147.8k with declining growth in recent years.
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Alright 2 Limited Health Check
Pomanda's financial health check has awarded Alright 2 Limited a 4.5 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 £147.8k, make it smaller than the average company (£2.2m)
- Alright 2 Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.6%)
- Alright 2 Limited
3.6% - Industry AVG
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
- Alright 2 Limited
26.7% - Industry AVG
Profitability
an operating margin of 31.3% make it more profitable than the average company (6.8%)
- Alright 2 Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Alright 2 Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has an equivalent pay structure (£47.2k)
- Alright 2 Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £73.9k, this is less efficient (£269k)
- Alright 2 Limited
£269k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (27 days)
- Alright 2 Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (31 days)
- Alright 2 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Alright 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 235 weeks, this is more cash available to meet short term requirements (13 weeks)
235 weeks - Alright 2 Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3%, this is a lower level of debt than the average (72.3%)
3% - Alright 2 Limited
72.3% - Industry AVG
ALRIGHT 2 LIMITED financials
Alright 2 Limited's latest turnover from October 2023 is estimated at £147.8 thousand and the company has net assets of £678.9 thousand. According to their latest financial statements, Alright 2 Limited has 2 employees and maintains cash reserves of £92 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,934 | 4,628 | 5,445 | 4,959 | 5,834 | 6,863 | 8,075 | 555,000 | 507,510 | |
| Intangible Assets | ||||||||||
| Investments & Other | 572,000 | 570,000 | 652,317 | 625,995 | 583,194 | 537,835 | 510,000 | 562,631 | ||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 575,934 | 574,628 | 657,762 | 630,954 | 589,028 | 544,698 | 518,075 | 562,631 | 555,000 | 507,510 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 1,236 | 4,219 | 4,667 | 822 | 42,838 | 2 | ||||
| Group Debtors | ||||||||||
| Misc Debtors | 30,977 | 970 | 1,047 | 988 | 10,139 | 30,918 | 35,723 | 30,246 | ||
| Cash | 91,955 | 80,508 | 33,173 | 38,862 | 8,371 | 108 | 3,445 | 1,286 | 5,270 | 29,295 |
| misc current assets | ||||||||||
| total current assets | 124,168 | 81,478 | 38,439 | 44,517 | 18,510 | 31,848 | 39,168 | 31,532 | 48,108 | 29,297 |
| total assets | 700,102 | 656,106 | 696,201 | 675,471 | 607,538 | 576,546 | 557,243 | 594,163 | 603,108 | 536,807 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 1,090 | 1,176 | 477 | 7,572 | 41,012 | 19,259 | ||||
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 19,173 | 12,949 | 19,023 | 17,295 | 11,388 | 178,608 | 152,622 | 47,272 | ||
| total current liabilities | 20,263 | 14,125 | 19,500 | 24,867 | 11,388 | 178,608 | 152,622 | 47,272 | 41,012 | 19,259 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 515,484 | 515,484 | 512,638 | 512,454 | 516,203 | |||||
| provisions | 984 | 1,157 | 1,035 | 4,219 | ||||||
| total long term liabilities | 984 | 1,157 | 1,035 | 515,484 | 515,484 | 516,857 | 512,454 | 516,203 | ||
| total liabilities | 21,247 | 15,282 | 20,535 | 24,867 | 11,388 | 694,092 | 668,106 | 564,129 | 553,466 | 535,462 |
| net assets | 678,855 | 640,824 | 675,666 | 650,604 | 596,150 | -117,546 | -110,863 | 30,034 | 49,642 | 1,345 |
| total shareholders funds | 678,855 | 640,824 | 675,666 | 650,604 | 596,150 | -117,546 | -110,863 | 30,034 | 49,642 | 1,345 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 694 | 817 | 961 | 875 | 1,029 | 1,212 | 1,425 | |||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | 31,243 | -4,296 | -389 | -4,484 | -21,601 | -3,983 | 5,477 | -12,592 | 42,836 | 2 |
| Creditors | -86 | 699 | -7,095 | 7,572 | -41,012 | 21,753 | 19,259 | |||
| Accruals and Deferred Income | 6,224 | -6,074 | 1,728 | 5,907 | -167,220 | 25,986 | 105,350 | 47,272 | ||
| Deferred Taxes & Provisions | -173 | 122 | 1,035 | -4,219 | 4,219 | |||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 2,000 | -82,317 | 26,322 | 42,801 | 45,359 | 27,835 | -52,631 | 562,631 | ||
| 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 | -515,484 | 2,846 | 184 | -3,749 | 516,203 | |||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 11,447 | 47,335 | -5,689 | 30,491 | 8,263 | -3,337 | 2,159 | -3,984 | -24,025 | 29,295 |
| overdraft | ||||||||||
| change in cash | 11,447 | 47,335 | -5,689 | 30,491 | 8,263 | -3,337 | 2,159 | -3,984 | -24,025 | 29,295 |
alright 2 limited Credit Report and Business Information
Alright 2 Limited Competitor Analysis
Perform a competitor analysis for alright 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
alright 2 limited Ownership
ALRIGHT 2 LIMITED group structure
Alright 2 Limited has no subsidiary companies.
Ultimate parent company
ALRIGHT 2 LIMITED
08867704
alright 2 limited directors
Alright 2 Limited currently has 2 directors. The longest serving directors include Mr Brian Berman (Jan 2014) and Mr John Burns (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Berman | 81 years | Jan 2014 | - | Director | |
| Mr John Burns | 81 years | Jan 2014 | - | Director |
P&L
October 2023turnover
147.8k
-34%
operating profit
46.2k
0%
gross margin
26.8%
+4.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
678.9k
+0.06%
total assets
700.1k
+0.07%
cash
92k
+0.14%
net assets
Total assets minus all liabilities
alright 2 limited company details
company number
08867704
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
lynwood house, 373/375 station road, harrow, middlesex, HA1 2AW
Bank
-
Legal Advisor
-
alright 2 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 alright 2 limited.
alright 2 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 ALRIGHT 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
alright 2 limited Companies House Filings - See Documents
| date | description | view/download |
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