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Company No. 14662769 · Incorporated 14 Feb 2023

Second Best Ltd

Registered name: SECOND BEST LTD

Second Best Ltd made £26.3k revenue and £3k profit in the year to 28 Feb 2025.

Second Best Ltd’s revenue grew 12% to £26.3k in the year to 28 Feb 2025, with £3k profit and 0 employees. The company is classified under “retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores” and is based in Hove; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47240Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Status
Active
Location
Hove, South East
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamYoung and profitableOperating leverage
Revenue
£26.3k
Growth ▲11.8%
Profit
£3k
Growth ▲160.1%
Profit margin
11.5%
 
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202428 Feb 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£23.5k£26.3k
Profit after tax£1.2k£3k
Profit (best available)£1.2k£3k
Employees (average)00
Ratios
Profit margin4.9%11.5%
Growth (year on year)
Revenue growth—▲11.8%
Profit growth—▲160.1%
Balance sheet — indirect signals, not revenue
Net assets£1.4k£4.5k
Fixed assets£7.7k£12.3k
Current assets£1.6k£1.9k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
11.5%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
46.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲210%
Now £4.5k
Cash at bank
—
Now —
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
▲59%
Now £12.3k

Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £3k), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.