second city ta ltd
second city ta ltd Company Information
Company Number
11858371
Next Accounts
1 days late
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Development of building projects
Directors
Shareholders
abbasbhai mohsinbhai alibhai
Group Structure
View All
Contact
Registered Address
c/o kishens limited, 13 montpelier avenue, bexley, kent, DA5 3AP
Website
-second city ta ltd Estimated Valuation
Pomanda estimates the enterprise value of SECOND CITY TA LTD at £133.6k based on a Turnover of £94.3k and 1.42x industry multiple (adjusted for size and gross margin).
second city ta ltd Estimated Valuation
Pomanda estimates the enterprise value of SECOND CITY TA LTD at £0 based on an EBITDA of £-1.6k and a 3.91x industry multiple (adjusted for size and gross margin).
second city ta ltd Estimated Valuation
Pomanda estimates the enterprise value of SECOND CITY TA LTD at £0 based on Net Assets of £-3.8k and 1.65x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Second City Ta Ltd Overview
Second City Ta Ltd is a live company located in bexley, DA5 3AP with a Companies House number of 11858371. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2019, it's largest shareholder is abbasbhai mohsinbhai alibhai with a 100% stake. Second City Ta Ltd is a young, micro sized company, Pomanda has estimated its turnover at £94.3k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Second City Ta Ltd Health Check
Pomanda's financial health check has awarded Second City Ta Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £94.3k, make it smaller than the average company (£1.5m)
- Second City Ta Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.1%)
- Second City Ta Ltd
2.1% - Industry AVG
Production
with a gross margin of 21.3%, this company has a higher cost of product (50.4%)
- Second City Ta Ltd
50.4% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (22.5%)
- Second City Ta Ltd
22.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Second City Ta Ltd
5 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Second City Ta Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £94.3k, this is less efficient (£220.8k)
- Second City Ta Ltd
£220.8k - Industry AVG
Debtor Days
it gets paid by customers after 144 days, this is later than average (30 days)
- Second City Ta Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (34 days)
- Second City Ta Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Second City Ta Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Second City Ta Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.2%, this is a higher level of debt than the average (68.3%)
110.2% - Second City Ta Ltd
68.3% - Industry AVG
SECOND CITY TA LTD financials
Second City Ta Ltd's latest turnover from March 2023 is estimated at £94.3 thousand and the company has net assets of -£3.8 thousand. According to their latest financial statements, Second City Ta Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| 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
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 37,398 | 44,366 | 50,082 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 100 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 37,398 | 44,366 | 50,082 | 100 |
| total assets | 37,398 | 44,366 | 50,082 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,560 | 7,380 | 360 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 7,560 | 7,380 | 360 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 450 | 450 | 420 | 0 |
| other liabilities | 33,215 | 38,771 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,665 | 39,221 | 50,420 | 0 |
| total liabilities | 41,225 | 46,601 | 50,780 | 0 |
| net assets | -3,827 | -2,235 | -698 | 100 |
| total shareholders funds | -3,827 | -2,235 | -698 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -6,968 | -5,716 | 50,082 | 0 |
| Creditors | 180 | 7,020 | 360 | 0 |
| Accruals and Deferred Income | 0 | 30 | 420 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,556 | -11,229 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | -100 | 100 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -100 | 100 |
second city ta ltd Credit Report and Business Information
Second City Ta Ltd Competitor Analysis
Perform a competitor analysis for second city ta ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in DA5 area or any other competitors across 12 key performance metrics.
second city ta ltd Ownership
SECOND CITY TA LTD group structure
Second City Ta Ltd has no subsidiary companies.
Ultimate parent company
SECOND CITY TA LTD
11858371
second city ta ltd directors
Second City Ta Ltd currently has 1 director, Mr Abbasbhai Alibhai serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abbasbhai Alibhai | England | 60 years | Mar 2019 | - | Director |
P&L
March 2023turnover
94.3k
-9%
operating profit
-1.6k
0%
gross margin
21.4%
+3.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.8k
+0.71%
total assets
37.4k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
second city ta ltd company details
company number
11858371
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41100 - Development of building projects
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
wallgate residential limited (April 2023)
accountant
KISHENS LIMITED
auditor
-
address
c/o kishens limited, 13 montpelier avenue, bexley, kent, DA5 3AP
Bank
-
Legal Advisor
-
second city ta 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 second city ta ltd.
second city ta 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 SECOND CITY TA LTD. This can take several minutes, an email will notify you when this has completed.
second city ta ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
