Pomanda estimates the enterprise value of 2 LOCALLY LIMITED at £1.7k based on a Turnover of £4.7k and 0.36x industry multiple (adjusted for size and gross margin).
2 locally limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of 2 LOCALLY LIMITED at £0 based on an EBITDA of £-3k and a 2.55x industry multiple (adjusted for size and gross margin).
2 locally limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of 2 LOCALLY LIMITED at £0 based on Net Assets of £-5.4k and 2.37x industry multiple (adjusted for liquidity).
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2 Locally LimitedOverview
2 Locally Limited is a live company located in high wycombe, HP11 2PU with a Companies House number of 12690559. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2020, it's largest shareholder is
bapander singh khaneja
with a 100% stake. 2 Locally Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£4.7k with
unknown
growth in recent years.
Pomanda's financial health check has awarded 2 Locally Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
1 Regular
8 Weak
Size
annual sales of £4.7k, make it smaller than the average company (£4.8m)
£4.7k - 2 Locally Limited
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - 2 Locally Limited
- - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.2%)
17% - 2 Locally Limited
38.2% - Industry AVG
Profitability
an operating margin of -64.1% make it less profitable than the average company (5.7%)
-64.1% - 2 Locally Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - 2 Locally Limited
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - 2 Locally Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £4.7k, this is less efficient (£171.4k)
£4.7k - 2 Locally Limited
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (41 days)
134 days - 2 Locally Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (32 days)
9 days - 2 Locally Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 2 Locally Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2 Locally Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.6%, this is a higher level of debt than the average (62.6%)
142.6% - 2 Locally Limited
62.6% - Industry AVG
2 LOCALLY LIMITED financials
EXPORT
2 Locally Limited's latest turnover from December 2023 is estimated at £4.7 thousand and the company has net assets of -£5.4 thousand. According to their latest financial statements, we estimate that 2 Locally Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Jun 2021
Turnover
4,687
26,484
Other Income Or Grants
Cost Of Sales
3,891
21,961
Gross Profit
796
4,523
Admin Expenses
3,802
6,948
Operating Profit
-3,006
-2,425
Interest Payable
Interest Receivable
2
Pre-Tax Profit
-3,006
-2,423
Tax
Profit After Tax
-3,006
-2,423
Dividends Paid
Retained Profit
-3,006
-2,423
Employee Costs
54,005
51,345
Number Of Employees
1
1
EBITDA*
-3,006
-2,425
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Jun 2021
Tangible Assets
11,014
13,432
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
11,014
13,432
Stock & work in progress
Trade Debtors
1,728
2,016
Group Debtors
Misc Debtors
Cash
100
misc current assets
total current assets
1,728
2,016
100
total assets
12,742
15,448
100
Bank overdraft
Bank loan
Trade Creditors
100
17,571
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
100
17,571
loans
hp & lease commitments
Accruals and Deferred Income
300
300
other liabilities
17,771
provisions
total long term liabilities
18,071
300
total liabilities
18,171
17,871
net assets
-5,429
-2,423
100
total shareholders funds
-5,429
-2,423
100
Dec 2023
Dec 2022
Jun 2021
Operating Activities
Operating Profit
-3,006
-2,425
Depreciation
Amortisation
Tax
Stock
Debtors
-288
2,016
Creditors
-17,471
17,571
Accruals and Deferred Income
300
Deferred Taxes & Provisions
Cash flow from operations
-20,189
13,430
Investing Activities
capital expenditure
2,418
-13,432
Change in Investments
cash flow from investments
2,418
-13,432
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
17,771
share issue
-100
100
interest
2
cash flow from financing
17,771
-98
100
cash and cash equivalents
cash
-100
100
overdraft
change in cash
-100
100
2 locally limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 2 locally limited. Get real-time insights into 2 locally limited's credit score, group structure and payment trends.
Perform a competitor analysis for 2 locally limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in HP11 area or any other competitors across 12 key performance metrics.
2 locally limited Ownership
2 LOCALLY LIMITED group structure
2 Locally Limited has no subsidiary companies.
Ultimate parent company
2 LOCALLY LIMITED
12690559
2 LOCALLY LIMITED Shareholders
The sole shareholder of 2 Locally Limited is Bapander Singh Khaneja.
bapander singh khaneja
100%
2 locally limited directors
2 Locally Limited currently has 1 director, Mr Bapander Khaneja serving since Jun 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-5.4k
+1.24%
total assets
12.7k
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
2 locally limited company details
company number
12690559
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
124 desborough road, high wycombe, HP11 2PU
Bank
-
Legal Advisor
-
2 locally 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 locally limited.
2 locally 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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2 locally limitedCompanies House Filings - See Documents
