pier two ltd
pier two ltd Company Information
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
81 the cut, london, SE1 8LL
Website
-pier two ltd Estimated Valuation
Pomanda estimates the enterprise value of PIER TWO LTD at £59.3k based on a Turnover of £103.3k and 0.57x industry multiple (adjusted for size and gross margin).
pier two ltd Estimated Valuation
Pomanda estimates the enterprise value of PIER TWO LTD at £0 based on an EBITDA of £-22.4k and a 3.08x industry multiple (adjusted for size and gross margin).
pier two ltd Estimated Valuation
Pomanda estimates the enterprise value of PIER TWO LTD at £0 based on Net Assets of £-74.1k and 2.22x industry multiple (adjusted for liquidity).
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Pier Two Ltd Overview
Pier Two Ltd is a live company located in london, SE1 8LL with a Companies House number of 12594440. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in May 2020, it's largest shareholder is pier money ltd with a 100% stake. Pier Two Ltd is a young, micro sized company, Pomanda has estimated its turnover at £103.3k with unknown growth in recent years.
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Pier Two Ltd Health Check
Pomanda's financial health check has awarded Pier Two Ltd a 1.5 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 £103.3k, make it smaller than the average company (£482.2k)
- Pier Two Ltd
£482.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pier Two Ltd
- - Industry AVG
Production
with a gross margin of 31.3%, this company has a higher cost of product (57.4%)
- Pier Two Ltd
57.4% - Industry AVG
Profitability
an operating margin of -21.7% make it less profitable than the average company (5.7%)
- Pier Two Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
- Pier Two Ltd
13 - Industry AVG
Pay Structure
on an average salary of £28.4k, the company has an equivalent pay structure (£28.4k)
- Pier Two Ltd
£28.4k - Industry AVG
Efficiency
resulting in sales per employee of £51.7k, this is equally as efficient (£50.4k)
- Pier Two Ltd
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (18 days)
- Pier Two Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (24 days)
- Pier Two Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pier Two Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (117 weeks)
10 weeks - Pier Two Ltd
117 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 452.1%, this is a higher level of debt than the average (24.5%)
452.1% - Pier Two Ltd
24.5% - Industry AVG
PIER TWO LTD financials
Pier Two Ltd's latest turnover from May 2023 is estimated at £103.3 thousand and the company has net assets of -£74.1 thousand. According to their latest financial statements, we estimate that Pier Two Ltd has 2 employees and maintains cash reserves of £3.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 17,600 | 21,100 | 17,600 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 3,452 | 17,909 | 19,169 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 21,052 | 39,009 | 36,769 |
| total assets | 21,052 | 39,009 | 36,769 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 16,500 | 18,531 | 37,500 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 16,500 | 18,531 | 37,500 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 78,668 | 72,654 | 36,558 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 78,668 | 72,654 | 36,558 |
| total liabilities | 95,168 | 91,185 | 74,058 |
| net assets | -74,116 | -52,176 | -37,289 |
| total shareholders funds | -74,116 | -52,176 | -37,289 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -3,500 | 3,500 | 17,600 |
| Creditors | -2,031 | -18,969 | 37,500 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 6,014 | 36,096 | 36,558 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -14,457 | -1,260 | 19,169 |
| overdraft | 0 | 0 | 0 |
| change in cash | -14,457 | -1,260 | 19,169 |
pier two ltd Credit Report and Business Information
Pier Two Ltd Competitor Analysis
Perform a competitor analysis for pier two ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in SE1 area or any other competitors across 12 key performance metrics.
pier two ltd Ownership
PIER TWO LTD group structure
Pier Two Ltd has no subsidiary companies.
Ultimate parent company
FIVE5FIVE PTE LTD
#0168258
2 parents
PIER TWO LTD
12594440
pier two ltd directors
Pier Two Ltd currently has 1 director, Mr Richard Brady serving since May 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Brady | England | 62 years | May 2020 | - | Director |
P&L
May 2023turnover
103.3k
-9%
operating profit
-22.4k
0%
gross margin
31.4%
+4.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-74.1k
+0.42%
total assets
21.1k
-0.46%
cash
3.5k
-0.81%
net assets
Total assets minus all liabilities
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pier two ltd company details
company number
12594440
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
81 the cut, london, SE1 8LL
Bank
-
Legal Advisor
-
pier 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 pier two ltd.
pier 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.
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pier two ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
