neos 2 ltd
neos 2 ltd Company Information
Company Number
13068585
Next Accounts
Sep 2025
Shareholders
cc stim uk holdco ltd
Group Structure
View All
Industry
Public houses and bars
Registered Address
proud mary 42-43 st mary street, cardiff, CF10 1AD
Website
-neos 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of NEOS 2 LTD at £12.4m based on a Turnover of £12.5m and 0.99x industry multiple (adjusted for size and gross margin).
neos 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of NEOS 2 LTD at £0 based on an EBITDA of £-1.2m and a 6.51x industry multiple (adjusted for size and gross margin).
neos 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of NEOS 2 LTD at £0 based on Net Assets of £-74.1k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Neos 2 Ltd Overview
Neos 2 Ltd is a live company located in cardiff, CF10 1AD with a Companies House number of 13068585. It operates in the public houses and bars sector, SIC Code 56302. Founded in December 2020, it's largest shareholder is cc stim uk holdco ltd with a 100% stake. Neos 2 Ltd is a young, mid sized company, Pomanda has estimated its turnover at £12.5m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Neos 2 Ltd Health Check
Pomanda's financial health check has awarded Neos 2 Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £12.5m, make it larger than the average company (£665.5k)
£12.5m - Neos 2 Ltd
£665.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Neos 2 Ltd
- - Industry AVG
Production
with a gross margin of 79.6%, this company has a lower cost of product (58.2%)
79.6% - Neos 2 Ltd
58.2% - Industry AVG
Profitability
an operating margin of -14.1% make it less profitable than the average company (6.4%)
-14.1% - Neos 2 Ltd
6.4% - Industry AVG
Employees
with 269 employees, this is above the industry average (15)
269 - Neos 2 Ltd
15 - Industry AVG
Pay Structure
on an average salary of £10.6k, the company has a lower pay structure (£15.9k)
£10.6k - Neos 2 Ltd
£15.9k - Industry AVG
Efficiency
resulting in sales per employee of £46.4k, this is equally as efficient (£52.4k)
£46.4k - Neos 2 Ltd
£52.4k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (8 days)
13 days - Neos 2 Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (49 days)
139 days - Neos 2 Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is in line with average (16 days)
16 days - Neos 2 Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Neos 2 Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.8%, this is a higher level of debt than the average (74.8%)
101.8% - Neos 2 Ltd
74.8% - Industry AVG
NEOS 2 LTD financials
Neos 2 Ltd's latest turnover from December 2023 is £12.5 million and the company has net assets of -£74.1 thousand. According to their latest financial statements, Neos 2 Ltd has 269 employees and maintains cash reserves of £182.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 12,488,502 | 16,345,047 | 13,304,436 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 2,551,389 | 3,190,578 | 2,356,353 |
| Gross Profit | 9,937,113 | 13,154,469 | 10,948,083 |
| Admin Expenses | 11,696,500 | 11,030,750 | |
| Operating Profit | -1,759,387 | 2,123,719 | |
| Interest Payable | 55 | 3,557 | 0 |
| Interest Receivable | 0 | 1,114 | 0 |
| Pre-Tax Profit | -1,759,442 | 2,121,276 | 4,201,076 |
| Tax | 43,432 | -379,890 | -300,621 |
| Profit After Tax | -1,716,010 | 1,741,386 | 3,900,455 |
| Dividends Paid | 0 | 1,200,000 | 2,800,000 |
| Retained Profit | -1,716,010 | 541,386 | 1,100,455 |
| Employee Costs | 2,839,971 | 4,123,872 | 5,395,313 |
| Number Of Employees | 269 | 433 | 430 |
| EBITDA* | -1,219,721 | 2,532,790 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 1,323,506 | 1,115,332 | 988,984 |
| Intangible Assets | 1,452,968 | 1,693,081 | 0 |
| Investments & Other | 0 | 0 | 1,450,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,776,474 | 2,808,413 | 2,438,984 |
| Stock & work in progress | 117,133 | 238,529 | 295,904 |
| Trade Debtors | 457,016 | 0 | 60,414 |
| Group Debtors | 0 | 807,815 | 1,054,767 |
| Misc Debtors | 607,708 | 609,383 | 178,905 |
| Cash | 182,316 | 76,495 | 209,610 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,364,173 | 1,732,222 | 1,799,600 |
| total assets | 4,140,647 | 4,540,635 | 4,238,584 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 972,081 | 385,434 | 273,167 |
| Group/Directors Accounts | 2,284,275 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 807,457 | 2,351,884 | 2,669,083 |
| total current liabilities | 4,063,813 | 2,737,318 | 2,942,250 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 150,903 | 161,376 | 195,779 |
| total long term liabilities | 150,903 | 161,376 | 195,779 |
| total liabilities | 4,214,716 | 2,898,694 | 3,138,029 |
| net assets | -74,069 | 1,641,941 | 1,100,555 |
| total shareholders funds | -74,069 | 1,641,941 | 1,100,555 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -1,759,387 | 2,123,719 | |
| Depreciation | 186,358 | 150,791 | 127,612 |
| Amortisation | 353,308 | 258,280 | -756,647 |
| Tax | 43,432 | -379,890 | -300,621 |
| Stock | -121,396 | -57,375 | 295,904 |
| Debtors | -352,474 | 123,112 | 1,294,086 |
| Creditors | 586,647 | 112,267 | 273,167 |
| Accruals and Deferred Income | -1,544,427 | -317,199 | 2,669,083 |
| Deferred Taxes & Provisions | -10,473 | -34,403 | 195,779 |
| Cash flow from operations | -1,670,672 | 1,847,828 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | -1,450,000 | 1,450,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 2,284,275 | 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 | 0 | 0 | 0 |
| share issue | |||
| interest | -55 | -2,443 | 0 |
| cash flow from financing | 2,284,220 | -2,443 | 100 |
| cash and cash equivalents | |||
| cash | 105,821 | -133,115 | 209,610 |
| overdraft | 0 | 0 | 0 |
| change in cash | 105,821 | -133,115 | 209,610 |
neos 2 ltd Credit Report and Business Information
Neos 2 Ltd Competitor Analysis
Perform a competitor analysis for neos 2 ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in CF10 area or any other competitors across 12 key performance metrics.
neos 2 ltd Ownership
NEOS 2 LTD group structure
Neos 2 Ltd has 1 subsidiary company.
Ultimate parent company
CC MIST NEW HOLDING II APS
#0144363
2 parents
NEOS 2 LTD
13068585
1 subsidiary
neos 2 ltd directors
Neos 2 Ltd currently has 3 directors. The longest serving directors include Mr Russell Quelch (Feb 2024) and Mr Brett Collier (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Quelch | Wales | 46 years | Feb 2024 | - | Director |
| Mr Brett Collier | England | 47 years | May 2024 | - | Director |
| Mr James Keeton | 50 years | Nov 2024 | - | Director |
P&L
December 2023turnover
12.5m
-24%
operating profit
-1.8m
-183%
gross margin
79.6%
-1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-74.1k
-1.05%
total assets
4.1m
-0.09%
cash
182.3k
+1.38%
net assets
Total assets minus all liabilities
Similar Companies
neos 2 ltd company details
company number
13068585
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
cc stim uk tradeco 2 ltd (May 2024)
accountant
-
auditor
KROGH & PARTNERS LTD
address
proud mary 42-43 st mary street, cardiff, CF10 1AD
Bank
-
Legal Advisor
-
neos 2 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 found 5 charges/mortgages relating to neos 2 ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
neos 2 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 NEOS 2 LTD. This can take several minutes, an email will notify you when this has completed.
neos 2 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
