2nd line compliance services limited
2nd line compliance services limited Company Information
Company Number
09674826
Website
-Registered Address
windsor house, troon way business centre, leicester, LE4 9HA
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Peter Taylor9 Years
Shareholders
peter taylor 100%
2nd line compliance services limited Estimated Valuation
Pomanda estimates the enterprise value of 2ND LINE COMPLIANCE SERVICES LIMITED at £12.7k based on a Turnover of £31.4k and 0.4x industry multiple (adjusted for size and gross margin).
2nd line compliance services limited Estimated Valuation
Pomanda estimates the enterprise value of 2ND LINE COMPLIANCE SERVICES LIMITED at £0 based on an EBITDA of £-312 and a 3.08x industry multiple (adjusted for size and gross margin).
2nd line compliance services limited Estimated Valuation
Pomanda estimates the enterprise value of 2ND LINE COMPLIANCE SERVICES LIMITED at £1.6k based on Net Assets of £619 and 2.57x industry multiple (adjusted for liquidity).
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2nd Line Compliance Services Limited Overview
2nd Line Compliance Services Limited is a dissolved company that was located in leicester, LE4 9HA with a Companies House number of 09674826. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2015, it's largest shareholder was peter taylor with a 100% stake. The last turnover for 2nd Line Compliance Services Limited was estimated at £31.4k.
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2nd Line Compliance Services Limited Health Check
Pomanda's financial health check has awarded 2Nd Line Compliance Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £31.4k, make it smaller than the average company (£3.6m)
- 2nd Line Compliance Services Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.9%)
- 2nd Line Compliance Services Limited
4.9% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (37.5%)
- 2nd Line Compliance Services Limited
37.5% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (6.1%)
- 2nd Line Compliance Services Limited
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - 2nd Line Compliance Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- 2nd Line Compliance Services Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £31.4k, this is less efficient (£151.6k)
- 2nd Line Compliance Services Limited
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (40 days)
- 2nd Line Compliance Services Limited
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 2nd Line Compliance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2nd Line Compliance Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2nd Line Compliance Services Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - 2nd Line Compliance Services Limited
- - Industry AVG
2ND LINE COMPLIANCE SERVICES LIMITED financials
2Nd Line Compliance Services Limited's latest turnover from July 2023 is estimated at £31.4 thousand and the company has net assets of £619. According to their latest financial statements, 2Nd Line Compliance Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 129 | 255 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 129 | 255 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 619 | 931 | 1,373 | 549 | 11,613 | 35,851 | 67,408 | 34,237 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,421 |
| misc current assets | 0 | 0 | 0 | 1,322 | 0 | 8,400 | 0 | 0 |
| total current assets | 619 | 931 | 1,373 | 1,871 | 15,613 | 44,251 | 67,408 | 80,658 |
| total assets | 619 | 931 | 1,373 | 1,871 | 15,613 | 44,251 | 67,537 | 80,913 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 5,211 | 10,485 | 16,453 | 24,102 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 5,211 | 10,485 | 16,453 | 24,102 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51 |
| total liabilities | 0 | 0 | 0 | 0 | 5,211 | 10,485 | 16,453 | 24,153 |
| net assets | 619 | 931 | 1,373 | 1,871 | 10,402 | 33,766 | 51,084 | 56,760 |
| total shareholders funds | 619 | 931 | 1,373 | 1,871 | 10,402 | 33,766 | 51,084 | 56,760 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 127 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -312 | -442 | 824 | -15,064 | -20,238 | -31,557 | 33,171 | 34,237 |
| Creditors | 0 | 0 | 0 | -5,211 | -5,274 | -5,968 | -7,649 | 24,102 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -51 | 51 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -46,421 | 46,421 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -46,421 | 46,421 |
2nd line compliance services limited Credit Report and Business Information
2nd Line Compliance Services Limited Competitor Analysis
Perform a competitor analysis for 2nd line compliance services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in LE4 area or any other competitors across 12 key performance metrics.
2nd line compliance services limited Ownership
2ND LINE COMPLIANCE SERVICES LIMITED group structure
2Nd Line Compliance Services Limited has no subsidiary companies.
Ultimate parent company
2ND LINE COMPLIANCE SERVICES LIMITED
09674826
2nd line compliance services limited directors
2Nd Line Compliance Services Limited currently has 1 director, Mr Peter Taylor serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Taylor | England | 51 years | Jul 2015 | - | Director |
P&L
July 2023turnover
31.4k
+7%
operating profit
-312
0%
gross margin
17.2%
+1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
619
-0.34%
total assets
619
-0.34%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
2nd line compliance services limited company details
company number
09674826
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
windsor house, troon way business centre, leicester, LE4 9HA
Bank
-
Legal Advisor
-
2nd line compliance services 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 2nd line compliance services limited.
2nd line compliance services limited Companies House Filings - See Documents
| date | description | view/download |
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