spacelabuk limited

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spacelabuk limited Company Information

Share SPACELABUK LIMITED

Company Number

04281434

Shareholders

andrew martin budgen

nathan houghton lonsdale

Group Structure

View All

Industry

Architectural activities

 

Registered Address

41 tabernacle street, london, EC2A 4AA

spacelabuk limited Estimated Valuation

£462.1k

Pomanda estimates the enterprise value of SPACELABUK LIMITED at £462.1k based on a Turnover of £889k and 0.52x industry multiple (adjusted for size and gross margin).

spacelabuk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SPACELABUK LIMITED at £0 based on an EBITDA of £-510.8k and a 4.73x industry multiple (adjusted for size and gross margin).

spacelabuk limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SPACELABUK LIMITED at £1.4m based on Net Assets of £439.4k and 3.21x industry multiple (adjusted for liquidity).

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Spacelabuk Limited Overview

Spacelabuk Limited is a live company located in london, EC2A 4AA with a Companies House number of 04281434. It operates in the architectural activities sector, SIC Code 71111. Founded in September 2001, it's largest shareholder is andrew martin budgen with a 50% stake. Spacelabuk Limited is a mature, small sized company, Pomanda has estimated its turnover at £889k with declining growth in recent years.

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Spacelabuk Limited Health Check

Pomanda's financial health check has awarded Spacelabuk Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £889k, make it larger than the average company (£661.3k)

£889k - Spacelabuk Limited

£661.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.1%)

-8% - Spacelabuk Limited

5.1% - Industry AVG

production

Production

with a gross margin of 48.3%, this company has a comparable cost of product (48.3%)

48.3% - Spacelabuk Limited

48.3% - Industry AVG

profitability

Profitability

an operating margin of -58.3% make it less profitable than the average company (7.3%)

-58.3% - Spacelabuk Limited

7.3% - Industry AVG

employees

Employees

with 16 employees, this is above the industry average (11)

16 - Spacelabuk Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)

£50.1k - Spacelabuk Limited

£50.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £55.6k, this is less efficient (£89.5k)

£55.6k - Spacelabuk Limited

£89.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (82 days)

32 days - Spacelabuk Limited

82 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 150 days, this is slower than average (27 days)

150 days - Spacelabuk Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 197 days, this is more than average (27 days)

197 days - Spacelabuk Limited

27 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)

0 weeks - Spacelabuk Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.7%, this is a higher level of debt than the average (51%)

66.7% - Spacelabuk Limited

51% - Industry AVG

SPACELABUK LIMITED financials

EXPORTms excel logo

Spacelabuk Limited's latest turnover from February 2024 is estimated at £889 thousand and the company has net assets of £439.4 thousand. According to their latest financial statements, Spacelabuk Limited has 16 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover889,021954,4801,014,0771,134,8142,083,0702,592,6182,786,0953,583,1902,321,9004,309,6341,856,1411,866,1141,090,0301,077,730938,843
Other Income Or Grants
Cost Of Sales459,820498,432561,321629,3321,041,5841,314,7311,362,7351,614,750854,1871,915,893739,223761,150416,559387,810374,048
Gross Profit429,201456,048452,757505,4821,041,4861,277,8871,423,3601,968,4401,467,7132,393,7411,116,9181,104,964673,470689,920564,795
Admin Expenses947,392593,078522,707429,339863,9711,092,385965,0411,369,4151,710,1392,255,760964,0751,064,423597,185693,514542,965
Operating Profit-518,191-137,030-69,95076,143177,515185,502458,319599,025-242,426137,981152,84340,54176,285-3,59421,830
Interest Payable22,27331,81536,25834,88612,525
Interest Receivable447187172971,17495640846020029210214184
Pre-Tax Profit-540,421-168,774-106,12141,274165,288186,677459,275599,433-241,967138,181153,13540,64376,299-3,57621,835
Tax-7,842-31,405-35,469-87,262-119,886-29,018-35,221-9,754-19,838-6,114
Profit After Tax-540,421-168,774-106,12133,432133,883151,208372,013479,546-241,967109,163117,91430,88956,461-3,57615,721
Dividends Paid
Retained Profit-540,421-168,774-106,12133,432133,883151,208372,013479,546-241,967109,163117,91430,88956,461-3,57615,721
Employee Costs801,573850,981719,065870,6061,465,7491,818,0301,399,2811,643,2231,507,8312,181,8581,023,249947,829595,293620,612563,299
Number Of Employees161816203240333534492323141513
EBITDA*-510,823-127,492-57,60291,982197,224210,602489,580632,746-205,824165,899160,20749,50582,2042,30528,558

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets25,01632,38441,92253,69868,15185,221110,320120,670140,124174,73122,09326,89031,47517,69720,188
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets25,01632,38441,92253,69868,15185,221110,320120,670140,124174,73122,09326,89031,47517,69720,188
Stock & work in progress248,639302,925372,400347,650265,0009,7587,37018,2924,7504,750
Trade Debtors77,956121,294229,473176,125501,934660,818871,9401,004,484487,842863,962399,656363,907213,126210,145177,648
Group Debtors
Misc Debtors965,7652,286,9632,265,5442,201,7481,217,668785,110340,863333,204141,403
Cash1,0695902,94931,7832,29276,893236,272146,182179,9663,83476,29340,6841005,3771,790
misc current assets
total current assets1,293,4292,711,7722,870,3662,757,3061,986,8941,522,8211,449,0751,483,870809,211867,796485,707411,961231,518220,272184,188
total assets1,318,4452,744,1562,912,2882,811,0042,055,0451,608,0421,559,3951,604,540949,3351,042,527507,800438,851262,993237,969204,376
Bank overdraft102,60283,04985,92028,839
Bank loan
Trade Creditors 188,973160,71399,307120,221204,021129,504123,232174,576107,454715,953290,389339,354194,385225,822188,653
Group/Directors Accounts
other short term finances42,52093,90498,07181,4041
hp & lease commitments
other current liabilities536,5211,310,2791,321,493663,390258,669391,163499,997865,811757,274
total current liabilities828,0961,596,5611,600,624881,682572,933520,668623,2291,040,387864,728715,953290,389339,354194,385225,822188,653
loans167,801163,096674,633260,855
hp & lease commitments
Accruals and Deferred Income
other liabilities50,976
provisions
total long term liabilities50,976167,801163,096674,633260,855
total liabilities879,0721,764,3621,763,7201,556,315833,788520,668623,2291,040,387864,728715,953290,389339,354194,385225,822188,653
net assets439,373979,7941,148,5681,254,6891,221,2571,087,374936,166564,15384,607326,574217,41199,49768,60812,14715,723
total shareholders funds439,373979,7941,148,5681,254,6891,221,2571,087,374936,166564,15384,607326,574217,41199,49768,60812,14715,723
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-518,191-137,030-69,95076,143177,515185,502458,319599,025-242,426137,981152,84340,54176,285-3,59421,830
Depreciation7,3689,53812,34815,83919,70925,10031,26133,72136,60227,9187,3648,9645,9195,8996,728
Amortisation
Tax-7,842-31,405-35,469-87,262-119,886-29,018-35,221-9,754-19,838-6,114
Stock-54,286-69,47524,75082,650265,000-9,7582,388-10,92213,5424,750
Debtors-1,364,536-86,760117,144658,271273,674233,125-124,885708,443-234,717464,30635,749150,7812,98132,497177,648
Creditors28,26061,406-20,914-83,80074,5176,272-51,34467,122-608,499425,564-48,965144,969-31,43737,169188,653
Accruals and Deferred Income-773,758-11,214658,103404,721-132,494-108,834-365,814108,537757,274
Deferred Taxes & Provisions
Cash flow from operations162,50178,935437,693-335,860-430,832-160,554110,045-19,924177,668107,89737,88444,86114,4066,97728,699
Investing Activities
capital expenditure-572-1,386-2,639-1-20,911-14,267-1,995-180,556-2,567-4,379-19,697-3,408-26,916
Change in Investments
cash flow from investments-572-1,386-2,639-1-20,911-14,267-1,995-180,556-2,567-4,379-19,697-3,408-26,916
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -42,520-51,384-4,16716,66781,4031
Long term loans-167,8014,705-511,537413,778260,855
Hire Purchase and Lease Commitments
other long term liabilities50,976
share issue2
interest-22,229-31,744-36,171-34,869-12,2281,17495640846020029210214184
cash flow from financing-181,574-78,423-551,875395,576330,0301,17595640846020029210214186
cash and cash equivalents
cash479-2,359-28,83429,491-74,601-159,37990,090-33,784176,132-72,45935,60940,584-5,2773,5871,790
overdraft19,553-2,87185,920-28,83928,839
change in cash-19,074512-114,75458,330-103,440-159,37990,090-33,784176,132-72,45935,60940,584-5,2773,5871,790

spacelabuk 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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Spacelabuk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spacelabuk limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.

spacelabuk limited Ownership

SPACELABUK LIMITED group structure

Spacelabuk Limited has no subsidiary companies.

Ultimate parent company

SPACELABUK LIMITED

04281434

SPACELABUK LIMITED Shareholders

andrew martin budgen 50%
nathan houghton lonsdale 50%

spacelabuk limited directors

Spacelabuk Limited currently has 2 directors. The longest serving directors include Mr Nathan Lonsdale (Sep 2001) and Mr Andrew Budgen (Sep 2001).

officercountryagestartendrole
Mr Nathan LonsdaleUnited Kingdom53 years Sep 2001- Director
Mr Andrew BudgenUnited Kingdom52 years Sep 2001- Director

P&L

February 2024

turnover

889k

-7%

operating profit

-518.2k

0%

gross margin

48.3%

+1.04%

turnover

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

Balance Sheet

February 2024

net assets

439.4k

-0.55%

total assets

1.3m

-0.52%

cash

1.1k

+0.81%

net assets

Total assets minus all liabilities

spacelabuk limited company details

company number

04281434

Type

Private limited with Share Capital

industry

71111 - Architectural activities

incorporation date

September 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

spacelab limited (November 2001)

c.b.l. properties ltd. (October 2001)

accountant

-

auditor

-

address

41 tabernacle street, london, EC2A 4AA

Bank

-

Legal Advisor

-

spacelabuk 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 spacelabuk limited. Currently there are 1 open charges and 2 have been satisfied in the past.

spacelabuk 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.

Click to start generating capital raising & share issue transactions for SPACELABUK LIMITED. This can take several minutes, an email will notify you when this has completed.

spacelabuk limited Companies House Filings - See Documents

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