select space limited

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select space limited Company Information

Share SELECT SPACE LIMITED

Company Number

00306406

Shareholders

a.j. barwell

o.j. blakeney-edwards

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

the estate office, old bexley business park, 19 bourne road, bexley, kent, DA5 1LR

select space limited Estimated Valuation

£709.1k

Pomanda estimates the enterprise value of SELECT SPACE LIMITED at £709.1k based on a Turnover of £291.7k and 2.43x industry multiple (adjusted for size and gross margin).

select space limited Estimated Valuation

£826.6k

Pomanda estimates the enterprise value of SELECT SPACE LIMITED at £826.6k based on an EBITDA of £173.9k and a 4.75x industry multiple (adjusted for size and gross margin).

select space limited Estimated Valuation

£9.5m

Pomanda estimates the enterprise value of SELECT SPACE LIMITED at £9.5m based on Net Assets of £5.4m and 1.75x industry multiple (adjusted for liquidity).

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Select Space Limited Overview

Select Space Limited is a live company located in 19 bourne road, bexley, DA5 1LR with a Companies House number of 00306406. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 1935, it's largest shareholder is a.j. barwell with a 40% stake. Select Space Limited is a mature, micro sized company, Pomanda has estimated its turnover at £291.7k with declining growth in recent years.

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Select Space Limited Health Check

Pomanda's financial health check has awarded Select Space Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £291.7k, make it smaller than the average company (£953.6k)

£291.7k - Select Space Limited

£953.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (4.7%)

-48% - Select Space Limited

4.7% - Industry AVG

production

Production

with a gross margin of 31.5%, this company has a higher cost of product (72.6%)

31.5% - Select Space Limited

72.6% - Industry AVG

profitability

Profitability

an operating margin of 59.6% make it more profitable than the average company (25.2%)

59.6% - Select Space Limited

25.2% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Select Space Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Select Space Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.6k, this is less efficient (£184.6k)

£48.6k - Select Space Limited

£184.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (32 days)

20 days - Select Space Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1004 days, this is slower than average (37 days)

1004 days - Select Space Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Select Space Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (10 weeks)

62 weeks - Select Space Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.2%, this is a lower level of debt than the average (68.5%)

9.2% - Select Space Limited

68.5% - Industry AVG

SELECT SPACE LIMITED financials

EXPORTms excel logo

Select Space Limited's latest turnover from January 2024 is estimated at £291.7 thousand and the company has net assets of £5.4 million. According to their latest financial statements, Select Space Limited has 6 employees and maintains cash reserves of £663.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover291,715333,0572,122,4842,134,5181,441,4871,324,3083,115,2042,872,9732,645,367512,048488,054417,353431,416453,721461,961
Other Income Or Grants
Cost Of Sales199,960238,9591,528,3661,525,5161,040,596930,3642,166,4111,923,7921,865,620370,583355,762307,593316,018326,404347,889
Gross Profit91,75594,098594,118609,002400,890393,943948,793949,180779,747141,465132,292109,760115,398127,317114,072
Admin Expenses-82,091-62,260398,058391,842253,488232,875807,414806,682617,224-20,34732,77318,8859,033-19,564-14,255
Operating Profit173,846156,358196,060217,160147,402161,068141,379142,498162,523161,81299,51990,875106,365146,881128,327
Interest Payable1945510555106639
Interest Receivable29,5698,1001,0903,2501,0801,0303,8562,289206
Pre-Tax Profit203,415164,458196,060217,160147,402161,068141,379143,588165,774162,698100,49494,626109,914235,999127,688
Tax-50,854-31,247-37,251-41,260-28,006-30,603-26,862-28,717-33,155-46,309-21,671-49,549-26,950
Profit After Tax152,561133,211158,809175,900119,396130,465114,517114,870132,619162,698100,49448,31788,243186,450100,738
Dividends Paid80,00040,00020,00030,000100,00020,000
Retained Profit152,561133,211158,809175,900119,396130,465114,517114,870132,61982,69860,49428,31758,24386,45080,738
Employee Costs195,000185,016179,206162,283141,520109,530259,995255,714183,776224,479213,348203,345187,998183,429197,378
Number Of Employees66665410107222222
EBITDA*173,946156,358196,060217,160147,402161,068141,379142,498162,723162,212100,01991,225106,830147,722129,449

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets5,247,3735,247,4734,847,5734,844,2754,843,7924,838,6624,190,3364,188,1363,199,5874,111,2454,102,9554,098,8023,645,6513,638,8733,978,101
Intangible Assets
Investments & Other65,00065,00065,00065,00065,00065,00065,00065,00065,000
Debtors (Due After 1 year)
Total Fixed Assets5,312,3735,312,4734,847,5734,844,2754,843,7924,838,6624,190,3364,188,1363,264,5874,176,2454,167,9554,163,8023,710,6513,703,8734,043,101
Stock & work in progress
Trade Debtors16,61942,048839,790715,810413,530299,268782,032639,700612,136
Group Debtors
Misc Debtors13,47520,56718,31012,08813,8051,821
Cash663,566462,872871,766428,418309,069250,805704,021743,553183,049
misc current assets
total current assets680,185504,920839,790715,810413,530299,268782,032639,7001,483,902441,893329,636269,115716,109757,358184,870
total assets5,992,5585,817,3935,687,3635,560,0855,257,3225,137,9304,972,3684,827,8364,748,4894,618,1384,497,5914,432,9174,426,7604,461,2314,227,971
Bank overdraft4,535
Bank loan
Trade Creditors 550,033527,429531,010562,541435,678435,682400,585370,570405,6932,1652,3922,8111,20717,622162
Group/Directors Accounts188,285188,363188,708189,053189,399189,642
other short term finances
hp & lease commitments
other current liabilities217,511146,875122,042126,578202,66379,569
total current liabilities550,033527,429531,010562,541435,678435,682400,585370,570405,693407,961337,630313,561316,838409,684273,908
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities550,033527,429531,010562,541435,678435,682400,585370,570405,693407,961337,630313,561316,838409,684273,908
net assets5,442,5255,289,9645,156,3534,997,5444,821,6444,702,2484,571,7834,457,2664,342,7964,210,1774,159,9614,119,3564,109,9224,051,5473,954,063
total shareholders funds5,442,5255,289,9645,156,3534,997,5444,821,6444,702,2484,571,7834,457,2664,342,7964,210,1774,159,9614,119,3564,109,9224,051,5473,954,063
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit173,846156,358196,060217,160147,402161,068141,379142,498162,523161,81299,51990,875106,365146,881128,327
Depreciation1002004005003504658411,122
Amortisation
Tax-50,854-31,247-37,251-41,260-28,006-30,603-26,862-28,717-33,155-46,309-21,671-49,549-26,950
Stock
Debtors-25,429-797,742123,980302,280114,262-482,764142,33227,564598,661-7,0922,2576,222-1,71711,9841,821
Creditors22,604-3,581-31,531126,863-435,09730,015-35,123403,528-227-4191,604-16,41517,460162
Accruals and Deferred Income-217,51170,63624,833-4,536-76,085123,09479,569
Deferred Taxes & Provisions
Cash flow from operations171,125919,2723,2984835,130648,3262,20051,094-283,076239,713122,17635,762-5,624226,743180,409
Investing Activities
capital expenditure-399,900-3,298-483-5,130-648,326-2,200-988,549911,458-8,690-4,653-453,501-7,243338,387-3,979,223
Change in Investments65,000-65,00065,000
cash flow from investments-464,900-3,298-483-5,130-648,326-2,200-923,549911,458-8,690-4,653-453,501-7,243338,387-4,044,223
Financing Activities
Bank loans
Group/Directors Accounts-188,285-78-345-345-346-243189,642
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue400-400-32,482-19,889-18,88313211,0343,873,325
interest29,5698,1001,0903,2508869753,7512,234100-639
cash flow from financing29,5698,500690-185,035-31,674-19,259-15,4772,02010,8914,062,328
cash and cash equivalents
cash200,694462,872-871,766443,348119,34958,264-453,216-39,532560,504183,049
overdraft-4,5354,535
change in cash200,694462,872-871,766443,348119,34958,264-453,216-39,532565,039178,514

select space limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Select Space Limited Competitor Analysis

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Perform a competitor analysis for select space limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DA5 area or any other competitors across 12 key performance metrics.

select space limited Ownership

SELECT SPACE LIMITED group structure

Select Space Limited has 1 subsidiary company.

Ultimate parent company

SELECT SPACE LIMITED

00306406

1 subsidiary

SELECT SPACE LIMITED Shareholders

a.j. barwell 40%
o.j. blakeney-edwards 27.25%
c.l. threlfall 8.5%
p.c. barwell 8.5%
b.m. rowley 5.5%
dominic threlfall 2.25%
honor threlfall 2.25%
saskia threlfall 2.25%
violet threlfall 2.25%
k.l. fallwell 1.25%

select space limited directors

Select Space Limited currently has 2 directors. The longest serving directors include Mr Arthur Barwell (Dec 1991) and Ms Olivia Blakeney Edwards (Mar 2005).

officercountryagestartendrole
Mr Arthur Barwell80 years Dec 1991- Director
Ms Olivia Blakeney Edwards49 years Mar 2005- Director

P&L

January 2024

turnover

291.7k

-12%

operating profit

173.8k

0%

gross margin

31.5%

+11.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

5.4m

+0.03%

total assets

6m

+0.03%

cash

663.6k

+0.43%

net assets

Total assets minus all liabilities

select space limited company details

company number

00306406

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

October 1935

age

90

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

January 2024

previous names

t.& b.supplies(kent)limited (September 2000)

accountant

-

auditor

-

address

the estate office, old bexley business park, 19 bourne road, bexley, kent, DA5 1LR

Bank

-

Legal Advisor

-

select space 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 3 charges/mortgages relating to select space limited. Currently there are 3 open charges and 0 have been satisfied in the past.

select space 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.

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select space limited Companies House Filings - See Documents

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