asset two ltd
asset two ltd Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
344a barking road, london, E13 8HL
Website
-asset two ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSET TWO LTD at £34.3k based on a Turnover of £16.4k and 2.08x industry multiple (adjusted for size and gross margin).
asset two ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSET TWO LTD at £0 based on an EBITDA of £-100 and a 4.47x industry multiple (adjusted for size and gross margin).
asset two ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSET TWO LTD at £0 based on Net Assets of £-299 and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Asset Two Ltd Overview
Asset Two Ltd is a live company located in london, E13 8HL with a Companies House number of 11210502. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2018, it's largest shareholder is arif younus with a 100% stake. Asset Two Ltd is a young, micro sized company, Pomanda has estimated its turnover at £16.4k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Asset Two Ltd Health Check
Pomanda's financial health check has awarded Asset Two Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £16.4k, make it smaller than the average company (£873.5k)
- Asset Two Ltd
£873.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (2.2%)
- Asset Two Ltd
2.2% - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (69%)
- Asset Two Ltd
69% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (36.3%)
- Asset Two Ltd
36.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Asset Two Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Asset Two Ltd
£36k - Industry AVG
Efficiency
resulting in sales per employee of £16.4k, this is less efficient (£182.1k)
- Asset Two Ltd
£182.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
- Asset Two Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
- Asset Two Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Asset Two Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Asset Two Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (64.6%)
100% - Asset Two Ltd
64.6% - Industry AVG
ASSET TWO LTD financials
Asset Two Ltd's latest turnover from February 2023 is estimated at £16.4 thousand and the company has net assets of -£299. According to their latest financial statements, Asset Two Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 667,311 | 667,311 | 667,311 | 667,311 | 667,311 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 667,311 | 667,311 | 667,311 | 667,311 | 667,311 |
| Stock & work in progress | |||||
| Trade Debtors | 1 | 1 | 1 | 1 | |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 1 | ||||
| misc current assets | |||||
| total current assets | 1 | 1 | 1 | 1 | 1 |
| total assets | 667,312 | 667,312 | 667,312 | 667,312 | 667,312 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 200 | 100 | 100 | ||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 667,311 | 667,311 | |||
| total current liabilities | 200 | 100 | 100 | 667,311 | 667,311 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 100 | 100 | |||
| other liabilities | 667,311 | 667,311 | 667,311 | ||
| provisions | |||||
| total long term liabilities | 667,411 | 667,411 | 667,311 | ||
| total liabilities | 667,611 | 667,511 | 667,411 | 667,311 | 667,311 |
| net assets | -299 | -199 | -99 | 1 | 1 |
| total shareholders funds | -299 | -199 | -99 | 1 | 1 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 1 | ||||
| Creditors | 100 | 100 | |||
| Accruals and Deferred Income | 100 | -667,311 | 667,311 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| 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 | 667,311 | ||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -1 | 1 | |||
| overdraft | |||||
| change in cash | -1 | 1 |
asset two ltd Credit Report and Business Information
Asset Two Ltd Competitor Analysis
Perform a competitor analysis for asset two ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E13 area or any other competitors across 12 key performance metrics.
asset two ltd Ownership
ASSET TWO LTD group structure
Asset Two Ltd has no subsidiary companies.
Ultimate parent company
ASSET TWO LTD
11210502
asset two ltd directors
Asset Two Ltd currently has 1 director, Mr Arif Younus serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arif Younus | England | 47 years | Feb 2018 | - | Director |
P&L
February 2023turnover
16.4k
-9%
operating profit
-100
0%
gross margin
27.2%
+6.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-299
+0.5%
total assets
667.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
asset two ltd company details
company number
11210502
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
344a barking road, london, E13 8HL
Bank
-
Legal Advisor
-
asset two ltd 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 asset two ltd.
asset two ltd 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 ASSET TWO LTD. This can take several minutes, an email will notify you when this has completed.
asset two ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
