network space (networkcentres) limited
network space (networkcentres) limited Company Information
Company Number
03674369
Website
www.networkspace.co.ukRegistered Address
centrix house crow lane east, newton-le-willows, merseyside, WA12 9UY
Industry
Management of real estate on a fee or contract basis
Telephone
03330143000
Next Accounts Due
April 2024
Group Structure
View All
Shareholders
network space investments ltd 100%
network space (networkcentres) limited Estimated Valuation
The estimated valuation range for network space (networkcentres) limited, derived from financial data as of June 2022 and the most recent industry multiples, is between £0 to £89.5k
network space (networkcentres) limited Estimated Valuation
The estimated valuation range for network space (networkcentres) limited, derived from financial data as of June 2022 and the most recent industry multiples, is between £0 to £89.5k
network space (networkcentres) limited Estimated Valuation
The estimated valuation range for network space (networkcentres) limited, derived from financial data as of June 2022 and the most recent industry multiples, is between £0 to £89.5k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Network Space (networkcentres) Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Network Space (networkcentres) Limited Overview
Network Space (networkcentres) Limited is a dissolved company that was located in merseyside, WA12 9UY with a Companies House number of 03674369. It operated in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 1998, it's largest shareholder was network space investments ltd with a 100% stake. The last turnover for Network Space (networkcentres) Limited was estimated at £59.5k.
Upgrade for unlimited company reports & a free credit check
Network Space (networkcentres) Limited Health Check
Pomanda's financial health check has awarded Network Space (Networkcentres) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £59.5k, make it smaller than the average company (£878k)
- Network Space (networkcentres) Limited
£878k - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (2.1%)
- Network Space (networkcentres) Limited
2.1% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (56.7%)
- Network Space (networkcentres) Limited
56.7% - Industry AVG
Profitability
an operating margin of -9% make it less profitable than the average company (10.7%)
- Network Space (networkcentres) Limited
10.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Network Space (networkcentres) Limited
9 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Network Space (networkcentres) Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £59.5k, this is less efficient (£88.2k)
- Network Space (networkcentres) Limited
£88.2k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (34 days)
- Network Space (networkcentres) Limited
34 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Network Space (networkcentres) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Network Space (networkcentres) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 114 weeks, this is more cash available to meet short term requirements (22 weeks)
114 weeks - Network Space (networkcentres) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.6%, this is a lower level of debt than the average (82.7%)
31.6% - Network Space (networkcentres) Limited
82.7% - Industry AVG
network space (networkcentres) limited Credit Report and Business Information
Network Space (networkcentres) Limited Competitor Analysis
Perform a competitor analysis for network space (networkcentres) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
network space (networkcentres) limited Ownership
NETWORK SPACE (NETWORKCENTRES) LIMITED group structure
Network Space (Networkcentres) Limited has no subsidiary companies.
Ultimate parent company
2 parents
NETWORK SPACE (NETWORKCENTRES) LIMITED
03674369
network space (networkcentres) limited directors
Network Space (Networkcentres) Limited currently has 3 directors. The longest serving directors include Mr Martin Mellor (Jul 2009) and Mr Richard Ainscough (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Mellor | United Kingdom | 60 years | Jul 2009 | - | Director |
| Mr Richard Ainscough | United Kingdom | 45 years | Nov 2012 | - | Director |
| Mr Daniel Adamson | United Kingdom | 50 years | Dec 2017 | - | Director |
NETWORK SPACE (NETWORKCENTRES) LIMITED financials
Network Space (Networkcentres) Limited's latest turnover from June 2022 is estimated at £59.5 thousand and the company has net assets of £50.7 thousand. According to their latest financial statements, we estimate that Network Space (Networkcentres) Limited has 1 employee and maintains cash reserves of £51.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,132 | 985,299 | 3,149,256 | 3,069,189 | 2,948,311 | 3,500,378 | 4,374,428 | 4,626,368 | 4,231,780 | 4,257,204 | 4,171,172 | ||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | 129,699 | 706,838 | 2,278,500 | 2,033,326 | 1,837,682 | 1,654,705 | 2,515,778 | 1,960,351 | 1,856,251 | 1,911,553 | 1,884,127 | ||
| Interest Payable | 0 | 168,936 | 312,308 | 311,732 | 300,465 | 462,261 | 586,455 | 707,698 | 924,968 | 1,174,083 | 1,506,690 | ||
| Interest Receivable | 32,776 | 143,950 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 181,245 | 632,032 | 8,294,422 | 3,918,378 | 3,295,015 | 2,511,324 | 1,929,323 | 1,252,653 | 931,283 | 737,470 | 377,437 | ||
| Tax | -31,048 | 451,227 | -889,298 | 11,830 | -218,119 | -326,213 | -327,175 | -358,982 | -164,950 | -136,728 | -84,614 | ||
| Profit After Tax | 150,197 | 1,083,259 | 7,405,124 | 3,930,208 | 3,076,896 | 2,185,111 | 1,602,148 | 893,671 | 766,333 | 600,742 | 292,823 | ||
| Dividends Paid | 800,000 | 15,000,000 | 5,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -649,803 | -13,916,741 | 1,905,124 | 3,930,208 | 3,076,896 | 2,185,111 | 1,602,148 | 893,671 | 766,333 | 600,742 | 292,823 | ||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Number Of Employees | |||||||||||||
| EBITDA* | 129,699 | 706,838 | 2,278,500 | 2,033,326 | 1,837,682 | 1,655,767 | 2,533,987 | 1,978,396 | 1,898,262 | 1,911,553 | 1,884,127 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,714,462 | 35,157,671 | 37,070,376 | 39,019,154 | 40,899,317 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 32,060,000 | 25,740,000 | 23,525,000 | 21,635,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 32,060,000 | 25,740,000 | 23,525,000 | 21,635,000 | 30,714,462 | 35,157,671 | 37,070,376 | 39,019,154 | 40,899,317 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,050 | 11,735 | 12,481 | 0 | 2,767 | 66,905 | 79,031 | 146,219 | 232,824 | 141,321 | 62,059 | 120,869 | 101,089 |
| Group Debtors | 286 | 6,321 | 5,208 | 1,572,059 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,450 | 9,041 | 60,570 | 52,269 | 160,014 | 131,143 | 136,465 | 253,521 | 136,126 | 273,046 | 326,870 | 144,385 | 78,678 |
| Cash | 51,340 | 50,529 | 35,119 | 172,190 | 621,648 | 204,295 | 970,119 | 264,591 | 517,602 | 2,567,796 | 743,353 | 459,976 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 74,126 | 77,626 | 113,378 | 1,796,518 | 784,429 | 402,343 | 1,185,615 | 664,331 | 886,552 | 2,982,163 | 1,132,282 | 725,230 | 179,767 |
| total assets | 74,126 | 77,626 | 113,378 | 1,796,518 | 32,844,429 | 26,142,343 | 24,710,615 | 22,299,331 | 31,601,014 | 38,139,834 | 38,202,658 | 39,744,384 | 41,079,084 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 410,442 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,382 | 2,478 | 20,061 | 107,539 | 74,615 | 126,051 | 208,510 | 226,791 | 266,256 | 96,590 | 252,597 | 69,718 |
| Group/Directors Accounts | 0 | 0 | 29,077 | 463,671 | 15,767,136 | 11,385,365 | 307,090 | 307,090 | 521,669 | 115,625 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 23,400 | 20,785 | 31,080 | 612,240 | 1,515,348 | 1,509,479 | 1,392,039 | 1,128,747 | 1,970,675 | 2,701,672 | 2,208,920 | 2,313,359 | 1,881,166 |
| total current liabilities | 23,400 | 22,167 | 62,635 | 1,095,972 | 17,390,023 | 12,969,459 | 1,825,180 | 1,644,347 | 2,719,135 | 3,083,553 | 2,305,510 | 2,565,956 | 2,361,326 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 13,303,275 | 14,073,485 | 7,500,000 | 31,500,000 | 31,500,000 | 31,500,000 | 31,500,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,000,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 837,119 | 460,721 | 800,205 | 876,440 | 861,931 | 875,000 | 892,766 | 901,808 | 765,080 |
| total long term liabilities | 0 | 0 | 0 | 0 | 837,119 | 460,721 | 14,103,480 | 14,949,925 | 25,361,931 | 32,375,000 | 32,392,766 | 32,401,808 | 32,265,080 |
| total liabilities | 23,400 | 22,167 | 62,635 | 1,095,972 | 18,227,142 | 13,430,180 | 15,928,660 | 16,594,272 | 28,081,066 | 35,458,553 | 34,698,276 | 34,967,764 | 34,626,406 |
| net assets | 50,726 | 55,459 | 50,743 | 700,546 | 14,617,287 | 12,712,163 | 8,781,955 | 5,705,059 | 3,519,948 | 2,681,281 | 3,504,382 | 4,776,620 | 6,452,678 |
| total shareholders funds | 50,726 | 55,459 | 50,743 | 700,546 | 14,617,287 | 12,712,163 | 8,781,955 | 5,705,059 | 3,519,948 | 2,681,281 | 3,504,382 | 4,776,620 | 6,452,678 |
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 129,699 | 706,838 | 2,278,500 | 2,033,326 | 1,837,682 | 1,654,705 | 2,515,778 | 1,960,351 | 1,856,251 | 1,911,553 | 1,884,127 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,062 | 18,209 | 18,045 | 42,011 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -31,048 | 451,227 | -889,298 | 11,830 | -218,119 | -326,213 | -327,175 | -358,982 | -164,950 | -136,728 | -84,614 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,311 | -51,162 | -1,546,069 | 1,461,547 | -35,267 | -17,448 | -184,244 | 30,790 | -45,417 | 25,438 | 123,675 | 85,487 | 179,767 |
| Creditors | -1,382 | -1,096 | -17,583 | -87,478 | 32,924 | -51,436 | -82,459 | -18,281 | -39,465 | 169,666 | -156,007 | 182,879 | 69,718 |
| Accruals and Deferred Income | 2,615 | -10,295 | -581,160 | -903,108 | 5,869 | 117,440 | 263,292 | -841,928 | -730,997 | 492,752 | -104,439 | 432,193 | 1,881,166 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -837,119 | 376,398 | -339,484 | -76,235 | 14,509 | -13,069 | -17,766 | -9,042 | 136,728 | 765,080 |
| Cash flow from operations | 1,045,977 | -2,131,187 | 1,839,660 | 1,789,124 | 1,908,405 | 453,064 | 1,468,698 | 2,238,628 | 1,340,149 | 2,441,138 | 4,335,710 | ||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | -32,060,000 | 6,320,000 | 2,215,000 | 1,890,000 | 21,635,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -29,077 | -434,594 | -15,303,465 | 4,381,771 | 11,078,275 | 0 | -214,579 | 406,044 | 115,625 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -13,303,275 | -770,210 | 6,573,485 | -24,000,000 | 0 | 0 | 0 | 31,500,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17,000,000 | 17,000,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 32,776 | -24,986 | -312,308 | -311,732 | -300,465 | -462,261 | -586,455 | -707,698 | -924,968 | -1,174,083 | -1,506,690 | ||
| cash flow from financing | -401,818 | -15,328,451 | 4,069,463 | -2,536,732 | -1,070,675 | -11,103,355 | -7,943,892 | -2,308,845 | -2,963,539 | -3,450,883 | 36,153,165 | ||
| cash and cash equivalents | |||||||||||||
| cash | 811 | 15,410 | -137,071 | -449,458 | 417,353 | -765,824 | 705,528 | -253,011 | -2,050,194 | 1,824,443 | 283,377 | 459,976 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -410,442 | 410,442 |
| change in cash | 811 | 15,410 | -137,071 | -449,458 | 417,353 | -765,824 | 705,528 | -253,011 | -2,050,194 | 1,824,443 | 283,377 | 870,418 | -410,442 |
P&L
June 2022turnover
59.5k
+128%
operating profit
-5.4k
0%
gross margin
14.2%
+41.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
50.7k
-0.09%
total assets
74.1k
-0.05%
cash
51.3k
+0.02%
net assets
Total assets minus all liabilities
network space (networkcentres) limited company details
company number
03674369
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
November 1998
age
26
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
network space limited (July 2014)
ever 1062 limited (January 1999)
incorporated
UK
address
centrix house crow lane east, newton-le-willows, merseyside, WA12 9UY
last accounts submitted
June 2022
network space (networkcentres) 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 13 charges/mortgages relating to network space (networkcentres) limited. Currently there are 0 open charges and 13 have been satisfied in the past.
network space (networkcentres) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
