serviced office space ltd Company Information
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
353-355 goswell road, london, EC1V 7JL
Website
http://towerquay.comserviced office space ltd Estimated Valuation
Pomanda estimates the enterprise value of SERVICED OFFICE SPACE LTD at £1.9m based on a Turnover of £742.9k and 2.51x industry multiple (adjusted for size and gross margin).
serviced office space ltd Estimated Valuation
Pomanda estimates the enterprise value of SERVICED OFFICE SPACE LTD at £124.4k based on an EBITDA of £25.1k and a 4.96x industry multiple (adjusted for size and gross margin).
serviced office space ltd Estimated Valuation
Pomanda estimates the enterprise value of SERVICED OFFICE SPACE LTD at £0 based on Net Assets of £-335.9k and 1.71x industry multiple (adjusted for liquidity).
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Serviced Office Space Ltd Overview
Serviced Office Space Ltd is a live company located in london, EC1V 7JL with a Companies House number of 04541172. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2002, it's largest shareholder is s louca with a 100% stake. Serviced Office Space Ltd is a mature, small sized company, Pomanda has estimated its turnover at £742.9k with rapid growth in recent years.
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Serviced Office Space Ltd Health Check
Pomanda's financial health check has awarded Serviced Office Space Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
5 Weak
Size
annual sales of £742.9k, make it smaller than the average company (£954.4k)
£742.9k - Serviced Office Space Ltd
£954.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 83%, show it is growing at a faster rate (4.7%)
- Serviced Office Space Ltd
4.7% - Industry AVG
Production
with a gross margin of 31.4%, this company has a higher cost of product (72.8%)
31.4% - Serviced Office Space Ltd
72.8% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (25.1%)
3.3% - Serviced Office Space Ltd
25.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Serviced Office Space Ltd
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Serviced Office Space Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £371.4k, this is more efficient (£186.3k)
- Serviced Office Space Ltd
£186.3k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (32 days)
9 days - Serviced Office Space Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (37 days)
103 days - Serviced Office Space Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Serviced Office Space Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Serviced Office Space Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 254.6%, this is a higher level of debt than the average (67.9%)
254.6% - Serviced Office Space Ltd
67.9% - Industry AVG
SERVICED OFFICE SPACE LTD financials
Serviced Office Space Ltd's latest turnover from January 2024 is £742.9 thousand and the company has net assets of -£335.9 thousand. According to their latest financial statements, we estimate that Serviced Office Space Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 742,880 | 387,000 | |||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | 0 | 0 | |||||||||||||
Interest Receivable | 0 | 0 | |||||||||||||
Pre-Tax Profit | 18,341 | 23,730 | |||||||||||||
Tax | 0 | 0 | |||||||||||||
Profit After Tax | 18,341 | 23,730 | |||||||||||||
Dividends Paid | 0 | 0 | |||||||||||||
Retained Profit | 18,341 | 23,730 | |||||||||||||
Employee Costs | 0 | 0 | |||||||||||||
Number Of Employees | |||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,400 | 3,001 | 3,751 | 4,688 | 5,860 | 0 | 0 | 0 | 0 | 2,240 | 2,987 | 3,983 | 2,310 | 3,080 | 4,106 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,402 | 3,003 | 3,753 | 4,690 | 5,862 | 2 | 2 | 2 | 0 | 2,240 | 2,987 | 3,983 | 2,310 | 3,080 | 4,106 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 19,876 | 88,251 | 11,272 | 23,123 | 61,834 | 36,725 | 58,932 | 84,710 | 43,644 | 71,890 | 107,421 | 99,108 | 80,091 | 176,848 | 62,875 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 195,000 | 187,000 | 110,000 | 100,000 | 65,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,326 | 115,696 | 32,804 | 76,751 | 99,585 | 52,614 | 56,921 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 214,876 | 275,251 | 121,272 | 123,123 | 126,834 | 36,725 | 58,932 | 84,710 | 147,970 | 187,586 | 140,225 | 175,859 | 179,676 | 229,462 | 119,796 |
total assets | 217,278 | 278,254 | 125,025 | 127,813 | 132,696 | 36,727 | 58,934 | 84,712 | 147,970 | 189,826 | 143,212 | 179,842 | 181,986 | 232,542 | 123,902 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 144,057 | 162,848 | 102,647 | 0 | 487,623 | 377,553 | 396,155 | 422,690 | 423,177 | 450,625 | 431,570 | 449,175 | 422,552 | 385,025 | 296,753 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 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 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 144,057 | 162,848 | 102,647 | 0 | 487,623 | 377,553 | 396,155 | 422,690 | 423,177 | 450,625 | 431,570 | 449,175 | 422,552 | 385,025 | 296,753 |
loans | 0 | 0 | 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 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 409,073 | 469,600 | 400,304 | 497,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 409,073 | 469,600 | 400,304 | 497,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 553,130 | 632,448 | 502,951 | 497,777 | 487,623 | 377,553 | 396,155 | 422,690 | 423,177 | 450,625 | 431,570 | 449,175 | 422,552 | 385,025 | 296,753 |
net assets | -335,852 | -354,194 | -377,926 | -369,964 | -354,927 | -340,826 | -337,221 | -337,978 | -275,207 | -260,799 | -288,358 | -269,333 | -240,566 | -152,483 | -172,851 |
total shareholders funds | -335,852 | -354,194 | -377,926 | -369,964 | -354,927 | -340,826 | -337,221 | -337,978 | -275,207 | -260,799 | -288,358 | -269,333 | -240,566 | -152,483 | -172,851 |
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 600 | 750 | 0 | 0 | 0 | 2,240 | 747 | 996 | 1,327 | 770 | 1,026 | 1,368 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Tax | 0 | 0 | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -60,375 | 153,979 | -1,851 | -3,711 | 90,109 | -22,207 | -25,778 | 41,066 | -28,246 | -35,531 | 8,313 | 19,017 | -96,757 | 113,973 | 62,875 |
Creditors | -18,791 | 60,201 | 102,647 | -487,623 | 110,070 | -18,602 | -26,535 | -487 | -27,448 | 19,055 | -17,605 | 26,623 | 37,527 | 88,272 | 296,753 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 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 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -60,527 | 69,296 | -97,473 | 497,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | |||||||||||||
cash flow from financing | -60,526 | 69,298 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -104,326 | -11,370 | 82,892 | -43,947 | -22,834 | 46,971 | -4,307 | 56,921 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -104,326 | -11,370 | 82,892 | -43,947 | -22,834 | 46,971 | -4,307 | 56,921 |
serviced office space ltd Credit Report and Business Information
Serviced Office Space Ltd Competitor Analysis
Perform a competitor analysis for serviced office space ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
serviced office space ltd Ownership
SERVICED OFFICE SPACE LTD group structure
Serviced Office Space Ltd has no subsidiary companies.
Ultimate parent company
SERVICED OFFICE SPACE LTD
04541172
serviced office space ltd directors
Serviced Office Space Ltd currently has 1 director, Mr Saklesh Datta serving since Aug 2005.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Saklesh Datta | 61 years | Aug 2005 | - | Director |
P&L
January 2024turnover
742.9k
+92%
operating profit
24.5k
0%
gross margin
31.5%
+11.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-335.9k
-0.05%
total assets
217.3k
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
serviced office space ltd company details
company number
04541172
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
September 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
loft lets limited (April 2019)
accountant
-
auditor
-
address
353-355 goswell road, london, EC1V 7JL
Bank
-
Legal Advisor
-
serviced office space ltd 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 did not find charges/mortgages relating to serviced office space ltd.
serviced office space ltd 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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serviced office space ltd Companies House Filings - See Documents
date | description | view/download |
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