more2 holdings limited

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more2 holdings limited Company Information

Share MORE2 HOLDINGS LIMITED

Company Number

09721267

Shareholders

sideshow group ltd

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

avalon oxford road, bournemouth, BH8 8EZ

more2 holdings limited Estimated Valuation

£353.3k

Pomanda estimates the enterprise value of MORE2 HOLDINGS LIMITED at £353.3k based on a Turnover of £412.8k and 0.86x industry multiple (adjusted for size and gross margin).

more2 holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MORE2 HOLDINGS LIMITED at £0 based on an EBITDA of £0 and a 3.58x industry multiple (adjusted for size and gross margin).

more2 holdings limited Estimated Valuation

£45.6m

Pomanda estimates the enterprise value of MORE2 HOLDINGS LIMITED at £45.6m based on Net Assets of £34.9m and 1.31x industry multiple (adjusted for liquidity).

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More2 Holdings Limited Overview

More2 Holdings Limited is a live company located in bournemouth, BH8 8EZ with a Companies House number of 09721267. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2015, it's largest shareholder is sideshow group ltd with a 100% stake. More2 Holdings Limited is a established, micro sized company, Pomanda has estimated its turnover at £412.8k with declining growth in recent years.

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More2 Holdings Limited Health Check

Pomanda's financial health check has awarded More2 Holdings Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £412.8k, make it smaller than the average company (£19.1m)

£412.8k - More2 Holdings Limited

£19.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -70%, show it is growing at a slower rate (11.7%)

-70% - More2 Holdings Limited

11.7% - Industry AVG

production

Production

with a gross margin of 20.9%, this company has a higher cost of product (34.9%)

20.9% - More2 Holdings Limited

34.9% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - More2 Holdings Limited

- - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (105)

4 - More2 Holdings Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - More2 Holdings Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.2k, this is less efficient (£190.5k)

£103.2k - More2 Holdings Limited

£190.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - More2 Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - More2 Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - More2 Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - More2 Holdings Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - More2 Holdings Limited

- - Industry AVG

MORE2 HOLDINGS LIMITED financials

EXPORTms excel logo

More2 Holdings Limited's latest turnover from March 2024 is estimated at £412.8 thousand and the company has net assets of £34.9 million. According to their latest financial statements, More2 Holdings Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover412,75918,676,55215,432,82113,693,72817,563,27418,491,41414,879,16313,524,223
Other Income Or Grants
Cost Of Sales326,3195,697,9164,402,4043,823,4346,305,8666,761,2244,164,2024,493,293
Gross Profit86,44012,978,63611,030,4179,870,29411,257,40811,730,19010,714,9619,030,930
Admin Expenses86,44011,474,8749,635,78513,267,28912,870,08812,137,51010,994,2358,883,876
Operating Profit1,503,7621,394,632-3,396,995-1,612,680-407,320-279,274147,054
Interest Payable126
Interest Receivable314,6691,7606,750579207258
Pre-Tax Profit314,6691,505,5221,401,382-3,396,416-1,612,806-407,113-279,249147,062
Tax-564,505-508,215352,32273,892-199,701-244,807-319,509
Profit After Tax314,669941,017893,167-3,044,094-1,538,914-606,814-524,056-172,447
Dividends Paid314,669
Retained Profit941,017893,167-3,044,094-1,538,914-606,814-524,056-172,447
Employee Costs178,175166,5877,088,8406,137,4557,881,1698,562,6628,087,9767,085,8955,193,950
Number Of Employees44106103142158152137117
EBITDA*3,411,7601,450,510-1,432,833403,2071,625,9141,723,9261,879,784

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets165,632147,968179,153207,211290,752336,556226,241
Intangible Assets19,397,49421,253,22323,108,95224,964,68126,820,41028,676,13930,531,868
Investments & Other34,601,25134,601,251
Debtors (Due After 1 year)
Total Fixed Assets34,601,25134,601,25119,563,12621,401,19123,288,10525,171,89227,111,16229,012,69530,758,109
Stock & work in progress
Trade Debtors3,160,9082,443,8562,079,2984,083,4893,498,7022,851,2672,408,741
Group Debtors348,042348,042
Misc Debtors629,515627,6511,112,645608,517528,702420,227395,948
Cash7,801,7506,316,5143,609,1152,652,9502,937,4312,217,6271,149,774
misc current assets25,00025,000
total current assets348,042348,04211,617,1739,413,0216,801,0587,344,9566,964,8355,489,1213,954,463
total assets34,949,29334,949,29331,180,29930,814,21230,089,16332,516,84834,075,99734,501,81634,712,572
Bank overdraft
Bank loan
Trade Creditors 395,702313,689395,149734,636905,071618,789396,342
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,806,4802,011,7541,747,8561,734,6971,575,2931,705,1911,626,859
total current liabilities2,202,1822,325,4432,143,0052,469,3332,480,3642,323,9802,023,201
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions130,670590,748945,6232,88612,090
total long term liabilities130,670590,748945,6232,88612,090
total liabilities2,332,8522,916,1913,088,6282,472,2192,492,4542,323,9802,023,201
net assets34,949,29334,949,29328,847,44727,898,02127,000,53530,044,62931,583,54332,177,83632,689,371
total shareholders funds34,949,29334,949,29328,847,44727,898,02127,000,53530,044,62931,583,54332,177,83632,689,371
Mar 2024Mar 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit1,503,7621,394,632-3,396,995-1,612,680-407,320-279,274147,054
Depreciation52,26955,878108,433160,158177,505147,471124,215
Amortisation1,855,7291,855,7291,855,7291,855,7291,855,7291,608,515
Tax-564,505-508,215352,32273,892-199,701-244,807-319,509
Stock
Debtors-3,442,381718,916-120,436-1,500,063664,602755,910466,8052,804,689
Creditors-395,70282,013-81,460-339,487-170,435286,282222,447396,342
Accruals and Deferred Income-1,806,480-205,274263,89813,159159,404-129,89878,3321,626,859
Deferred Taxes & Provisions-130,670-460,078-354,875942,737-9,20412,090
Cash flow from operations1,109,5291,545,000890,2941,035,961-207,738838,7771,313,093778,787
Investing Activities
capital expenditure19,563,126-76,571-131,701-257,786-10,954,785
Change in Investments34,601,251
cash flow from investments-15,038,125-76,571-131,701-257,786-10,954,785
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue6,101,8468,4094,31912,52112,52132,861,818
interest314,6691,7606,750579-126207258
cash flow from financing6,416,51510,16911,069579-12612,72812,54632,861,826
cash and cash equivalents
cash-7,801,7501,485,2362,707,399956,165-284,481719,8041,067,8531,149,774
overdraft
change in cash-7,801,7501,485,2362,707,399956,165-284,481719,8041,067,8531,149,774

more2 holdings 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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More2 Holdings Limited Competitor Analysis

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Perform a competitor analysis for more2 holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BH8 area or any other competitors across 12 key performance metrics.

more2 holdings limited Ownership

MORE2 HOLDINGS LIMITED group structure

More2 Holdings Limited has 1 subsidiary company.

Ultimate parent company

STANDBYCO 21 BV

#0125527

2 parents

MORE2 HOLDINGS LIMITED

09721267

1 subsidiary

MORE2 HOLDINGS LIMITED Shareholders

sideshow group ltd 100%

more2 holdings limited directors

More2 Holdings Limited currently has 4 directors. The longest serving directors include Mrs Emilie Carson (Aug 2015) and Mrs Georgina Hewitt (Aug 2015).

officercountryagestartendrole
Mrs Emilie CarsonEngland56 years Aug 2015- Director
Mrs Georgina HewittEngland49 years Aug 2015- Director
Mr Tony HillEngland56 years Oct 2022- Director
Mr Jonathan RussellEngland56 years Oct 2022- Director

P&L

March 2024

turnover

412.8k

0%

operating profit

0

0%

gross margin

21%

0%

turnover

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

Balance Sheet

March 2024

net assets

34.9m

0%

total assets

34.9m

0%

cash

0

0%

net assets

Total assets minus all liabilities

more2 holdings limited company details

company number

09721267

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

August 2015

age

10

incorporated

UK

ultimate parent company

STANDBYCO 21 BV

accounts

Dormant

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

avalon oxford road, bournemouth, BH8 8EZ

Bank

-

Legal Advisor

-

more2 holdings 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 4 charges/mortgages relating to more2 holdings limited. Currently there are 4 open charges and 0 have been satisfied in the past.

more2 holdings 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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more2 holdings limited Companies House Filings - See Documents

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