2 degrees west holdings limited
2 degrees west holdings limited Company Information
Company Number
11532646
Website
-Registered Address
2nd floor grove house, 55 lowlands road, harrow, middlesex, HA1 3AW
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
christopher steven crook 50.4%
matthew richard oliver ball 47.8%
View All2 degrees west holdings limited Estimated Valuation
Pomanda estimates the enterprise value of 2 DEGREES WEST HOLDINGS LIMITED at £245.5k based on a Turnover of £255k and 0.96x industry multiple (adjusted for size and gross margin).
2 degrees west holdings limited Estimated Valuation
Pomanda estimates the enterprise value of 2 DEGREES WEST HOLDINGS LIMITED at £41.3k based on an EBITDA of £10.7k and a 3.87x industry multiple (adjusted for size and gross margin).
2 degrees west holdings limited Estimated Valuation
Pomanda estimates the enterprise value of 2 DEGREES WEST HOLDINGS LIMITED at £83.1k based on Net Assets of £48.6k and 1.71x industry multiple (adjusted for liquidity).
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2 Degrees West Holdings Limited Overview
2 Degrees West Holdings Limited is a live company located in harrow, HA1 3AW with a Companies House number of 11532646. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2018, it's largest shareholder is christopher steven crook with a 50.4% stake. 2 Degrees West Holdings Limited is a young, micro sized company, Pomanda has estimated its turnover at £255k with declining growth in recent years.
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2 Degrees West Holdings Limited Health Check
Pomanda's financial health check has awarded 2 Degrees West Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £255k, make it smaller than the average company (£19.2m)
- 2 Degrees West Holdings Limited
£19.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (8.6%)
- 2 Degrees West Holdings Limited
8.6% - Industry AVG
Production
with a gross margin of 20.4%, this company has a higher cost of product (35%)
- 2 Degrees West Holdings Limited
35% - Industry AVG
Profitability
an operating margin of 4.2% make it as profitable than the average company (4.6%)
- 2 Degrees West Holdings Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (107)
- 2 Degrees West Holdings Limited
107 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
- 2 Degrees West Holdings Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £255k, this is more efficient (£187k)
- 2 Degrees West Holdings Limited
£187k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (46 days)
- 2 Degrees West Holdings Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (45 days)
- 2 Degrees West Holdings Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2 Degrees West Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2 Degrees West Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.9%, this is a lower level of debt than the average (69.5%)
38.9% - 2 Degrees West Holdings Limited
69.5% - Industry AVG
2 DEGREES WEST HOLDINGS LIMITED financials
2 Degrees West Holdings Limited's latest turnover from August 2023 is estimated at £255 thousand and the company has net assets of £48.6 thousand. According to their latest financial statements, we estimate that 2 Degrees West Holdings Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,500 | 5,500 | 5,500 | 5,500 | 5,300 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,500 | 5,500 | 5,500 | 5,500 | 5,300 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 74,044 | 66,044 | 113,751 | 156,655 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 74,044 | 66,044 | 113,751 | 156,655 | 0 |
| total assets | 79,544 | 71,544 | 119,251 | 162,155 | 5,300 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,942 | 30,942 | 35,122 | 7,355 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 30,942 | 30,942 | 35,122 | 7,355 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 30,942 | 30,942 | 35,122 | 7,355 | 0 |
| net assets | 48,602 | 40,602 | 84,129 | 154,800 | 5,300 |
| total shareholders funds | 48,602 | 40,602 | 84,129 | 154,800 | 5,300 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,000 | -47,707 | -42,904 | 156,655 | 0 |
| Creditors | 0 | -4,180 | 27,767 | 7,355 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
2 degrees west holdings limited Credit Report and Business Information
2 Degrees West Holdings Limited Competitor Analysis
Perform a competitor analysis for 2 degrees west holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
2 degrees west holdings limited Ownership
2 DEGREES WEST HOLDINGS LIMITED group structure
2 Degrees West Holdings Limited has 3 subsidiary companies.
Ultimate parent company
2 DEGREES WEST HOLDINGS LIMITED
11532646
3 subsidiaries
2 degrees west holdings limited directors
2 Degrees West Holdings Limited currently has 2 directors. The longest serving directors include Mr Matthew Ball (Aug 2018) and Mr Christopher Crook (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Ball | England | 46 years | Aug 2018 | - | Director |
| Mr Christopher Crook | England | 44 years | Aug 2018 | - | Director |
P&L
August 2023turnover
255k
+14%
operating profit
10.7k
0%
gross margin
20.5%
-0.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
48.6k
+0.2%
total assets
79.5k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
2 degrees west holdings limited company details
company number
11532646
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 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2nd floor grove house, 55 lowlands road, harrow, middlesex, HA1 3AW
last accounts submitted
August 2023
2 degrees west 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 did not find charges/mortgages relating to 2 degrees west holdings limited.
2 degrees west holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
