2discuss limited
2discuss limited Company Information
Company Number
SC323230
Next Accounts
Apr 2025
Directors
Shareholders
anthony kelly
claire kelly
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
clyde offices 2nd floor, 48 west george street, glasgow, G2 1BP
Website
https://www.2-discuss.com2discuss limited Estimated Valuation
Pomanda estimates the enterprise value of 2DISCUSS LIMITED at £280k based on a Turnover of £409.9k and 0.68x industry multiple (adjusted for size and gross margin).
2discuss limited Estimated Valuation
Pomanda estimates the enterprise value of 2DISCUSS LIMITED at £0 based on an EBITDA of £-78.9k and a 4.82x industry multiple (adjusted for size and gross margin).
2discuss limited Estimated Valuation
Pomanda estimates the enterprise value of 2DISCUSS LIMITED at £2.9m based on Net Assets of £1.3m and 2.29x industry multiple (adjusted for liquidity).
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2discuss Limited Overview
2discuss Limited is a live company located in glasgow, G2 1BP with a Companies House number of SC323230. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2007, it's largest shareholder is anthony kelly with a 75% stake. 2discuss Limited is a established, micro sized company, Pomanda has estimated its turnover at £409.9k with declining growth in recent years.
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2discuss Limited Health Check
Pomanda's financial health check has awarded 2Discuss Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £409.9k, make it smaller than the average company (£1.2m)
- 2discuss Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (6.2%)
- 2discuss Limited
6.2% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
- 2discuss Limited
48.7% - Industry AVG
Profitability
an operating margin of -22% make it less profitable than the average company (6.8%)
- 2discuss Limited
6.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
- 2discuss Limited
12 - Industry AVG
Pay Structure
on an average salary of £56.7k, the company has an equivalent pay structure (£56.7k)
- 2discuss Limited
£56.7k - Industry AVG
Efficiency
resulting in sales per employee of £102.5k, this is less efficient (£125.2k)
- 2discuss Limited
£125.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 2discuss Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 112 days, this is slower than average (29 days)
- 2discuss Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2discuss Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - 2discuss Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a similar level of debt than the average (57.8%)
60.1% - 2discuss Limited
57.8% - Industry AVG
2DISCUSS LIMITED financials
2Discuss Limited's latest turnover from July 2023 is estimated at £409.9 thousand and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that 2Discuss Limited has 4 employees and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 6 | 4 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,237 | 45,650 | 73,826 | 98,436 | 171,325 | 458,718 | 503,239 | 464,729 | 675,169 | 609,024 | 626,289 | 174,504 | 183,001 | 170,336 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 3,212 | 3,212 | 177,056 | 177,056 | 177,056 | |||||||||
| Debtors (Due After 1 year) | 4,872,604 | |||||||||||||
| Total Fixed Assets | 37,449 | 48,862 | 73,826 | 98,436 | 171,325 | 635,774 | 680,295 | 641,785 | 5,547,773 | 609,024 | 626,289 | 174,504 | 183,001 | 170,336 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 203,416 | 209,980 | 434,666 | 6,650,057 | 8,505,954 | 8,773,477 | 7,162,947 | 56,308 | 2,331,711 | 590,870 | 769,700 | 50,000 | ||
| Group Debtors | ||||||||||||||
| Misc Debtors | 3,105,956 | 3,195,761 | 4,380,525 | 4,451,237 | 208,286 | 21,449 | 44,519 | 22,271 | ||||||
| Cash | 1,008 | 50,047 | 1,145 | 3,477 | 3,328 | 35,023 | 21,677 | 3,810 | 16,559 | 20,791 | 10,320 | 265,148 | 65,244 | 56,931 |
| misc current assets | 286,622 | 286,622 | 36,622 | 36,622 | 34,043 | |||||||||
| total current assets | 3,106,964 | 3,449,224 | 4,591,650 | 4,889,380 | 6,653,385 | 8,540,977 | 8,795,154 | 7,375,043 | 94,316 | 2,683,643 | 887,812 | 1,071,470 | 174,137 | 90,974 |
| total assets | 3,144,413 | 3,498,086 | 4,665,476 | 4,987,816 | 6,824,710 | 9,176,751 | 9,475,449 | 8,016,828 | 5,642,089 | 3,292,667 | 1,514,101 | 1,245,974 | 357,138 | 261,310 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 64,797 | 116,403 | 124,442 | 75,813 | 6,465,737 | 7,142,227 | 7,421,671 | 6,445,834 | 529,925 | 2,534,944 | 712,830 | 884,993 | 101,453 | 60,607 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 16,428 | 16,428 | 16,428 | 16,428 | ||||||||||
| other current liabilities | 248,821 | 448,773 | 525,149 | 523,907 | ||||||||||
| total current liabilities | 330,046 | 581,604 | 666,019 | 616,148 | 6,465,737 | 7,142,227 | 7,421,671 | 6,445,834 | 529,925 | 2,534,944 | 712,830 | 884,993 | 101,453 | 60,607 |
| loans | ||||||||||||||
| hp & lease commitments | 38,355 | 51,441 | 75,028 | 88,220 | ||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 1,520,000 | 1,520,000 | 2,478,200 | 4,271,867 | 149,016 | 280,665 | 301,876 | 292,186 | 4,628,770 | 393,317 | 433,107 | 193,771 | 129,097 | 136,500 |
| provisions | ||||||||||||||
| total long term liabilities | 1,558,355 | 1,571,441 | 2,553,228 | 4,360,087 | 149,016 | 280,665 | 301,876 | 292,186 | 4,628,770 | 393,317 | 433,107 | 193,771 | 129,097 | 136,500 |
| total liabilities | 1,888,401 | 2,153,045 | 3,219,247 | 4,976,235 | 6,614,753 | 7,422,892 | 7,723,547 | 6,738,020 | 5,158,695 | 2,928,261 | 1,145,937 | 1,078,764 | 230,550 | 197,107 |
| net assets | 1,256,012 | 1,345,041 | 1,446,229 | 11,581 | 209,957 | 1,753,859 | 1,751,902 | 1,278,808 | 483,394 | 364,406 | 368,164 | 167,210 | 126,588 | 64,203 |
| total shareholders funds | 1,256,012 | 1,345,041 | 1,446,229 | 11,581 | 209,957 | 1,753,859 | 1,751,902 | 1,278,808 | 483,394 | 364,406 | 368,164 | 167,210 | 126,588 | 64,203 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 11,413 | 24,169 | 24,609 | 36,151 | 61,297 | 44,521 | 56,490 | 40,781 | 52,578 | 26,477 | 28,180 | 8,230 | 9,935 | 4,818 |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -293,221 | -1,191,328 | -295,398 | -1,764,154 | -1,855,897 | -267,523 | 1,402,244 | 2,420,872 | 2,574,131 | 1,785,360 | -178,830 | 697,429 | 72,271 | |
| Creditors | -51,606 | -8,039 | 48,629 | -6,389,924 | -676,490 | -279,444 | 975,837 | 5,915,909 | -2,005,019 | 1,822,114 | -172,163 | 783,540 | 40,846 | 60,607 |
| Accruals and Deferred Income | -199,952 | -76,376 | 1,242 | 523,907 | ||||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 3,212 | -177,056 | 177,056 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -13,086 | -23,587 | -13,192 | 104,648 | ||||||||||
| other long term liabilities | -958,200 | -1,793,667 | 4,122,851 | -131,649 | -21,211 | 9,690 | -4,336,584 | 4,235,453 | -39,790 | 239,336 | 64,674 | -7,403 | 136,500 | |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -49,039 | 48,902 | -2,332 | 149 | -31,695 | 13,346 | 17,867 | -12,749 | -4,232 | 10,471 | -254,828 | 199,904 | 8,313 | 56,931 |
| overdraft | ||||||||||||||
| change in cash | -49,039 | 48,902 | -2,332 | 149 | -31,695 | 13,346 | 17,867 | -12,749 | -4,232 | 10,471 | -254,828 | 199,904 | 8,313 | 56,931 |
2discuss limited Credit Report and Business Information
2discuss Limited Competitor Analysis
Perform a competitor analysis for 2discuss limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
2discuss limited Ownership
2DISCUSS LIMITED group structure
2Discuss Limited has no subsidiary companies.
Ultimate parent company
2DISCUSS LIMITED
SC323230
2discuss limited directors
2Discuss Limited currently has 1 director, Mr Anthony Kelly serving since May 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Kelly | United Kingdom | 61 years | May 2007 | - | Director |
P&L
July 2023turnover
409.9k
-47%
operating profit
-90.3k
0%
gross margin
48.8%
+3.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.3m
-0.07%
total assets
3.1m
-0.1%
cash
1k
-0.98%
net assets
Total assets minus all liabilities
2discuss limited company details
company number
SC323230
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
clyde offices 2nd floor, 48 west george street, glasgow, G2 1BP
Bank
-
Legal Advisor
-
2discuss 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 found 6 charges/mortgages relating to 2discuss limited. Currently there are 1 open charges and 5 have been satisfied in the past.
2discuss 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.
Click to start generating capital raising & share issue transactions for 2DISCUSS LIMITED. This can take several minutes, an email will notify you when this has completed.
2discuss limited Companies House Filings - See Documents
| date | description | view/download |
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