second fix depot ltd
second fix depot ltd Company Information
Company Number
14698013
Website
-Registered Address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Industry
Retail sale of hardware, paints and glass in specialised stores
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Ahron Wider1 Years
Shareholders
ahron eleazer wider 100%
second fix depot ltd Estimated Valuation
Pomanda estimates the enterprise value of SECOND FIX DEPOT LTD at £313k based on a Turnover of £983.5k and 0.32x industry multiple (adjusted for size and gross margin).
second fix depot ltd Estimated Valuation
Pomanda estimates the enterprise value of SECOND FIX DEPOT LTD at £247.8k based on an EBITDA of £86.5k and a 2.86x industry multiple (adjusted for size and gross margin).
second fix depot ltd Estimated Valuation
Pomanda estimates the enterprise value of SECOND FIX DEPOT LTD at £178.9k based on Net Assets of £65.4k and 2.74x industry multiple (adjusted for liquidity).
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Second Fix Depot Ltd Overview
Second Fix Depot Ltd is a live company located in woodford green, IG8 8HD with a Companies House number of 14698013. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in March 2023, it's largest shareholder is ahron eleazer wider with a 100% stake. Second Fix Depot Ltd is a new, small sized company, Pomanda has estimated its turnover at £983.5k with unknown growth in recent years.
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Second Fix Depot Ltd Health Check
Pomanda's financial health check has awarded Second Fix Depot Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £983.5k, make it smaller than the average company (£14m)
- Second Fix Depot Ltd
£14m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Second Fix Depot Ltd
- - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (32.9%)
- Second Fix Depot Ltd
32.9% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (2.7%)
- Second Fix Depot Ltd
2.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (63)
6 - Second Fix Depot Ltd
63 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Second Fix Depot Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £163.9k, this is equally as efficient (£165.8k)
- Second Fix Depot Ltd
£165.8k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (15 days)
- Second Fix Depot Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 176 days, this is slower than average (45 days)
- Second Fix Depot Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 97 days, this is in line with average (107 days)
- Second Fix Depot Ltd
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (22 weeks)
3 weeks - Second Fix Depot Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.7%, this is a higher level of debt than the average (48.2%)
84.7% - Second Fix Depot Ltd
48.2% - Industry AVG
SECOND FIX DEPOT LTD financials
Second Fix Depot Ltd's latest turnover from December 2023 is estimated at £983.5 thousand and the company has net assets of £65.4 thousand. According to their latest financial statements, Second Fix Depot Ltd has 6 employees and maintains cash reserves of £26.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 200,000 |
| Trade Debtors | 201,527 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 26,436 |
| misc current assets | 0 |
| total current assets | 427,963 |
| total assets | 427,963 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 362,584 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 362,584 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 362,584 |
| net assets | 65,379 |
| total shareholders funds | 65,379 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 200,000 |
| Debtors | 201,527 |
| Creditors | 362,584 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 26,436 |
| overdraft | 0 |
| change in cash | 26,436 |
second fix depot ltd Credit Report and Business Information
Second Fix Depot Ltd Competitor Analysis
Perform a competitor analysis for second fix depot ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.
second fix depot ltd Ownership
SECOND FIX DEPOT LTD group structure
Second Fix Depot Ltd has no subsidiary companies.
Ultimate parent company
SECOND FIX DEPOT LTD
14698013
second fix depot ltd directors
Second Fix Depot Ltd currently has 1 director, Mr Ahron Wider serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ahron Wider | England | 41 years | Mar 2023 | - | Director |
P&L
December 2023turnover
983.5k
0%
operating profit
86.5k
0%
gross margin
23.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
65.4k
0%
total assets
428k
0%
cash
26.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
second fix depot ltd company details
company number
14698013
Type
Private limited with Share Capital
industry
47520 - Retail sale of hardware, paints and glass in specialised stores
incorporation date
March 2023
age
1
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
RAFFINGERS LLP
auditor
-
address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Bank
-
Legal Advisor
-
second fix depot 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 fix depot ltd.
second fix depot ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
