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.
- Status
- Active
- Location
- Hove, South East
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £23.5k | £26.3k |
| Profit after tax | £1.2k | £3k |
| Profit (best available) | £1.2k | £3k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 4.9% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Apr 2025 |
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.
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.