Second Element Ltd
UnknownCompany number04578427
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationMedium risk
71%Top 3 buyers account for 71% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
46%Largest buyer (Fusion21 Members Consortium) represents 46% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowMedium risk
4 in 24mo4 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
2 in 24mo2 new buying relationships in last 24 months
Buyer breakdown18 buyers
Total buyers18
Top 5 concentration83%
Returning buyers16
New buyers (24 mo)2
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£12m
Contracts33
Buyers18
Contract patterns
Avg contract value£355k
Avg duration3yr 7mo
Renewal rate33%
Total contracts33
Awards by year
22022£238k
12023£124k
32024£527k
12025£5m
12026£1m