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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

2 CONSTRUCT LTD

🇬🇧United Kingdom•Private Limited Company (Ltd.)•Dissolved
Net margin (2022)Net margin
-2.6%
YoY revenue (2021 vs 2022)YoY revenue
-5.7%
Current ratio (2016)Current ratio

Summary

Country🇬🇧United Kingdom
StatusDissolved
Registration Number05746477
Founded17/03/2006
PurposeConstruction of domestic buildings; Other building completion and finishing
Address102 Greenhill Road, Herne Bay, CT6 7RR
Confirmation StatementNext due: 31/03/2023; Last made up: 17/03/2022

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusDissolved
Registration Date17/03/2006
Registry AuthorityCompanies House
Registered Capital—

Source: UK Companies House · Last updated: 02/12/2025

Timeline (35 events)

01/09/2022

Address updated

102 Greenhill Road, Herne Bay, Ct6 7RR

01/09/2022

Status changed

active → active - proposal to strike off

17/03/2006

Appointed Michael Norman Cusden (person)

Appointed as Director

Network

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Network depth

Ownership & Management

Persons with significant control

Stephen Mark Reading

75–100% shares

Appointed: 06/04/2016

87.5%

Officers & directors

Stephen Mark Reading

Secretary

Appointed: 17/03/2006

—
Stephen Mark Reading

Director

Appointed: 17/03/2006

—
Antonios Andreou

Director

Appointed: 17/03/2006 · Resigned: 31/12/2012

—
Michael Norman Cusden

Director

Appointed: 17/03/2006 · Resigned: 08/01/2008

—

Ownership Timeline (1 changes)

06/04/2016

Appointed Stephen Mark Reading (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

102 Greenhill Road

Herne Bay

CT6 7RR

Financials

Key figures from annual accounts filings.

Convert to

2014

Turnover: £99.8K

Key figures

Turnover

2013—
2014£99,782
2015£38,622
2016£47,282
2017£64,033
2018£57,032
2019£70,045
2020£49,238
2021£62,341
2022£58,757

Profit / (loss)

2013£-2,049
2014£-2,138
2015£251
2016£-409
2017£-660
2018£-878
2019£3,713
2020£-1,389
2021£-1,496
2022£-1,543

Other income

2013—
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021£0
2022£9,902

Total assets

2013£-1,949
2014£-2,028
2015£-2,038
2016£351
2017£-309
2018£-1,187
2019£2,526
2020£1,137
2021£-359
2022£-1,902

Equity

2013—
2014—
2015—
2016—
2017£-309
2018£-1,187
2019£2,526
2020£1,137
2021£-359
2022£-1,902

Current Assets

2013£15,252
2014£6,050
2015£5,735
2016£4,805
2017£3,354
2018£2,564
2019£9,409
2020£4,410
2021£6,131
2022£3,573

Net Current Assets Liabilities

2013£-1,953
2014£-2,032
2015£-2,042
2016£-2,036
2017£-1,904
2018£-1,985
2019£-1,978
2020£-1,867
2021£-1,863
2022£-1,906

Total Assets Less Current Liabilities

2013£-1,949
2014£-2,028
2015£-2,038
2016£351
2017£-309
2018£-1,187
2019£2,526
2020£1,137
2021£-359
2022£-1,902

Debtors

2013£14,660
2014£5,900
2015£3,695
2016£3,675
2017—
2018—
2019—
2020—
2021—
2022—

Creditors

2013—
2014—
2015—
2016—
2017£5,258
2018£4,549
2019£11,387
2020£6,277
2021£7,994
2022£5,479

Number Shares Allotted

2013100
2014100
2015100
2016100
2017—
2018—
2019—
2020—
2021—
2022—

Par Value Share

2013£1
2014£1
2015£1
2016£1
2017—
2018—
2019—
2020—
2021—
2022—

Average Number Employees During Period

2013—
2014—
2015—
2016—
2017—
2018—
2019—
20202
20212
20223

Admin expenses

2013—
2014£29,079
2015£14,615
2016£11,803
2017£8,336
2018£7,889
2019£8,991
2020£8,555
2021£12,095
2022£5,574

Bank Borrowings Overdrafts

2013—
2014£4,445
2015£3,440
2016£1,630
2017—
2018—
2019—
2020—
2021—
2022—

Called Up Share Capital

2013£100
2014£100
2015£100
2016£100
2017—
2018—
2019—
2020—
2021—
2022—

Cash Bank In Hand

2013£312
2014—
2015—
2016£0
2017—
2018—
2019—
2020—
2021—
2022—

Cost Sales

2013—
2014£70,782
2015£24,017
2016£33,090
2017—
2018—
2019—
2020—
2021—
2022—

Creditors Due Within One Year

2013£17,205
2014£8,082
2015£7,777
2016£6,841
2017—
2018—
2019—
2020—
2021—
2022—

Depreciation Amortisation Impairment Expense

2013—
2014—
2015—
2016—
2017£792
2018£797
2019£2,294
2020£1,500
2021£1,500
2022£1,500

Depreciation Tangible Fixed Assets Expense

2013—
2014—
2015£0
2016£795
2017—
2018—
2019—
2020—
2021—
2022—

Director Remuneration Benefits Excluding Payments To Third Parties

2013—
2014£17,238
2015£8,394
2016£6,880
2017—
2018—
2019—
2020—
2021—
2022—

Fixed Assets

2013—
2014—
2015—
2016—
2017£1,595
2018£798
2019£4,504
2020£3,004
2021£1,504
2022£4

Gross Profit Loss

2013—
2014£29,000
2015£14,605
2016£14,192
2017—
2018—
2019—
2020—
2021—
2022—

Other Creditors Due Within One Year

2013—
2014£3,187
2015£3,482
2016£4,554
2017—
2018—
2019—
2020—
2021—
2022—

Other Operating Expenses Format2

2013—
2014—
2015—
2016—
2017£8,336
2018£7,889
2019£8,991
2020£8,555
2021£12,095
2022£5,574

Other Operating Income Format2

2013—
2014—
2015—
2016—
2017—
2018—
2019—
2020—
2021£0
2022£9,902

Profit Loss Account Reserve

2013£-2,049
2014£-2,138
2015£251
2016£-409
2017—
2018—
2019—
2020—
2021—
2022—

Profit Loss For Period

2013—
2014£-10
2015£2,389
2016£-660
2017—
2018—
2019—
2020—
2021—
2022—

Profit Loss On Ordinary Activities Before Tax

2013—
2014£-79
2015£-10
2016£2,389
2017—
2018—
2019—
2020—
2021—
2022—

Raw Materials Consumables Used

2013—
2014—
2015—
2016—
2017£24,786
2018£19,064
2019£18,888
2020£11,630
2021£14,921
2022£28,423

Share Capital Allotted Called Up Paid

2013£100
2014£100
2015£100
2016£100
2017—
2018—
2019—
2020—
2021—
2022—

Shareholder Funds

2013£-1,949
2014£-2,028
2015£-2,038
2016£351
2017—
2018—
2019—
2020—
2021—
2022—

Staff Costs Employee Benefits Expense

2013—
2014—
2015—
2016—
2017£30,779
2018£30,160
2019£36,159
2020£28,942
2021£35,321
2022£34,705

Stocks Inventory

2013£280
2014£150
2015£2,040
2016£1,130
2017—
2018—
2019—
2020—
2021—
2022—

Tangible Fixed Assets

2013£4
2014£4
2015£4
2016£2,387
2017—
2018—
2019—
2020—
2021—
2022—

Tangible Fixed Assets Additions

2013—
2014—
2015£3,178
2016—
2017—
2018—
2019—
2020—
2021—
2022—

Tangible Fixed Assets Cost Or Valuation

2013£9,808
2014£9,808
2015£12,986
2016£12,986
2017—
2018—
2019—
2020—
2021—
2022—

Tangible Fixed Assets Depreciation

2013£9,804
2014£9,804
2015£10,599
2016£11,391
2017—
2018—
2019—
2020—
2021—
2022—

Tangible Fixed Assets Depreciation Charged In Period

2013—
2014—
2015£795
2016£792
2017—
2018—
2019—
2020—
2021—
2022—

Trade Creditors Within One Year

2013—
2014£450
2015£855
2016£657
2017—
2018—
2019—
2020—
2021—
2022—

Turnover Gross Operating Revenue

2013—
2014£99,782
2015£38,622
2016£47,282
2017—
2018—
2019—
2020—
2021—
2022—

Turnover Revenue

2013—
2014—
2015—
2016—
2017£64,033
2018£57,032
2019£70,045
2020£49,238
2021£62,341
2022£58,757
Metric2013201420152016201720182019202020212022
Turnover—£99,782£38,622£47,282£64,033£57,032£70,045£49,238£62,341£58,757
Profit / (loss)£-2,049£-2,138£251£-409£-660£-878£3,713£-1,389£-1,496£-1,543
Other income————————£0£9,902
Total assets£-1,949£-2,028£-2,038£351£-309£-1,187£2,526£1,137£-359£-1,902
Equity————£-309£-1,187£2,526£1,137£-359£-1,902
Current Assets£15,252£6,050£5,735£4,805£3,354£2,564£9,409£4,410£6,131£3,573
Net Current Assets Liabilities£-1,953£-2,032£-2,042£-2,036£-1,904£-1,985£-1,978£-1,867£-1,863£-1,906
Total Assets Less Current Liabilities£-1,949£-2,028£-2,038£351£-309£-1,187£2,526£1,137£-359£-1,902
Debtors£14,660£5,900£3,695£3,675——————
Creditors————£5,258£4,549£11,387£6,277£7,994£5,479
Number Shares Allotted100100100100——————
Par Value Share£1£1£1£1——————
Average Number Employees During Period———————223
Admin expenses—£29,079£14,615£11,803£8,336£7,889£8,991£8,555£12,095£5,574
Bank Borrowings Overdrafts—£4,445£3,440£1,630——————
Called Up Share Capital£100£100£100£100——————
Cash Bank In Hand£312——£0——————
Cost Sales—£70,782£24,017£33,090——————
Creditors Due Within One Year£17,205£8,082£7,777£6,841——————
Depreciation Amortisation Impairment Expense————£792£797£2,294£1,500£1,500£1,500
Depreciation Tangible Fixed Assets Expense——£0£795——————
Director Remuneration Benefits Excluding Payments To Third Parties—£17,238£8,394£6,880——————
Fixed Assets————£1,595£798£4,504£3,004£1,504£4
Gross Profit Loss—£29,000£14,605£14,192——————
Other Creditors Due Within One Year—£3,187£3,482£4,554——————
Other Operating Expenses Format2————£8,336£7,889£8,991£8,555£12,095£5,574
Other Operating Income Format2————————£0£9,902
Profit Loss Account Reserve£-2,049£-2,138£251£-409——————
Profit Loss For Period—£-10£2,389£-660——————
Profit Loss On Ordinary Activities Before Tax—£-79£-10£2,389——————
Raw Materials Consumables Used————£24,786£19,064£18,888£11,630£14,921£28,423
Share Capital Allotted Called Up Paid£100£100£100£100——————
Shareholder Funds£-1,949£-2,028£-2,038£351——————
Staff Costs Employee Benefits Expense————£30,779£30,160£36,159£28,942£35,321£34,705
Stocks Inventory£280£150£2,040£1,130——————
Tangible Fixed Assets£4£4£4£2,387——————
Tangible Fixed Assets Additions——£3,178———————
Tangible Fixed Assets Cost Or Valuation£9,808£9,808£12,986£12,986——————
Tangible Fixed Assets Depreciation£9,804£9,804£10,599£11,391——————
Tangible Fixed Assets Depreciation Charged In Period——£795£792——————
Trade Creditors Within One Year—£450£855£657——————
Turnover Gross Operating Revenue—£99,782£38,622£47,282——————
Turnover Revenue————£64,033£57,032£70,045£49,238£62,341£58,757

Documents

Final Gazette dissolved via voluntary strike-off

11/10/2022

View

First Gazette notice for voluntary strike-off

26/07/2022

View

Strike off from register

14/07/2022

View

Confirmation statement

21/03/2022

View

Micro company accounts made up to 28 February 2022

18/03/2022

View

Annual Accounts

Accounts for the accounting period ending on: 28/02/2022

Filed: 28/02/2022

View

Change of registered office address

06/09/2021

View

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Micro company accounts made up to 28 February 2021

07/07/2021

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Confirmation statement

31/03/2021

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0.7×
YoY profit / (loss) (2021 vs 2022)YoY profit / (loss)
-3.1%
Return on assets (net) (2020)Return on assets (net)
-122.2%

Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Margins

Net margin (2014)
-2.1%
Administrative expenses % of revenue (2014)
29.1%
Net margin (2015)
0.6%
Administrative expenses % of revenue (2015)
37.8%
Net margin (2016)
-0.9%
  2. –
  3. –
  4. –2 CONSTRUCT LTD
Administrative expenses % of revenue (2016)
25%
Net margin (2017)
-1%
Administrative expenses % of revenue (2017)
13%
Net margin (2018)
-1.5%
Administrative expenses % of revenue (2018)
13.8%
Net margin (2019)
5.3%
Administrative expenses % of revenue (2019)
12.8%
Net margin (2020)
-2.8%
Administrative expenses % of revenue (2020)
17.4%
Net margin (2021)
-2.4%
Administrative expenses % of revenue (2021)
19.4%
Net margin (2022)
-2.6%
Administrative expenses % of revenue (2022)
9.5%

Growth

YoY profit / (loss) (2013 vs 2014)
-4.3%
YoY total assets (2013 vs 2014)
-4.1%
YoY net current assets (2013 vs 2014)
-4%
YoY revenue (2014 vs 2015)
-61.3%
YoY profit / (loss) (2014 vs 2015)
+111.7%
YoY total assets (2014 vs 2015)
-0.5%
YoY net current assets (2014 vs 2015)
-0.5%
YoY revenue (2015 vs 2016)
+22.4%
YoY profit / (loss) (2015 vs 2016)
-262.9%
YoY total assets (2015 vs 2016)
+117.2%
YoY net current assets (2015 vs 2016)
+0.3%
YoY revenue (2016 vs 2017)
+35.4%
YoY profit / (loss) (2016 vs 2017)
-61.4%
YoY total assets (2016 vs 2017)
-188%
YoY net current assets (2016 vs 2017)
+6.5%
YoY revenue (2017 vs 2018)
-10.9%
YoY profit / (loss) (2017 vs 2018)
-33%
YoY total assets (2017 vs 2018)
-284.1%
YoY net current assets (2017 vs 2018)
-4.3%
YoY revenue (2018 vs 2019)
+22.8%
YoY profit / (loss) (2018 vs 2019)
+522.9%
YoY total assets (2018 vs 2019)
+312.8%
YoY net current assets (2018 vs 2019)
+0.4%
YoY revenue (2019 vs 2020)
-29.7%
YoY profit / (loss) (2019 vs 2020)
-137.4%
YoY total assets (2019 vs 2020)
-55%
YoY net current assets (2019 vs 2020)
+5.6%
YoY revenue (2020 vs 2021)
+26.6%
YoY profit / (loss) (2020 vs 2021)
-7.7%
YoY total assets (2020 vs 2021)
-131.6%
YoY net current assets (2020 vs 2021)
+0.2%
YoY revenue (2021 vs 2022)
-5.7%
YoY profit / (loss) (2021 vs 2022)
-3.1%
YoY total assets (2021 vs 2022)
-429.8%
YoY net current assets (2021 vs 2022)
-2.3%

Efficiency & returns

Asset turnover (2016)
134.71×
Return on assets (net) (2016)
-116.5%
Asset turnover (2019)
27.73×
Return on assets (net) (2019)
147%
Asset turnover (2020)
43.31×
Return on assets (net) (2020)
-122.2%
Revenue per employee (2020)
£24,619
Profit / (loss) per employee (2020)
-£695
Revenue per employee (2021)
£31,171
Profit / (loss) per employee (2021)
-£748
Revenue per employee (2022)
£19,586
Profit / (loss) per employee (2022)
-£514

Working capital & liquidity

Current ratio (2013)
0.89×
Net current assets (2013)
-£1,953
Current ratio (2014)
0.75×
Net current assets (2014)
-£2,032
Current ratio (2015)
0.74×
Net current assets (2015)
-£2,042
Current ratio (2016)
0.7×
Net current assets (2016)
-£2,036
Net current assets (2017)
-£1,904
Net current assets (2018)
-£1,985
Net current assets (2019)
-£1,978
Net current assets (2020)
-£1,867
Net current assets (2021)
-£1,863
Net current assets (2022)
-£1,906

Receivables & payables

Debtor days (2014)
22days
Debtor days (2015)
35days
Debtor days (2016)
28days
Creditor days (vs revenue) (2017)
30days
Creditor days (vs revenue) (2018)
29days
Creditor days (vs revenue) (2019)
59days
Creditor days (vs revenue) (2020)
47days
Creditor days (vs revenue) (2021)
47days
Creditor days (vs revenue) (2022)
34days

Capital structure

Equity ratio (2019)
100%
Equity ratio (2020)
100%

Quality & mix

Other income % of revenue (2022)
16.9%
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