serviced office space ltd

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serviced office space ltd Company Information

Share SERVICED OFFICE SPACE LTD

Company Number

04541172

Directors

Saklesh Datta

Shareholders

s louca

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

serviced office space ltd Estimated Valuation

£1.9m

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

£124.4k

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

£0

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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

0 Regular

positive_score

5 Weak

size

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

Growth

3 year (CAGR) sales growth of 83%, show it is growing at a faster rate (4.7%)

83% - Serviced Office Space Ltd

4.7% - Industry AVG

production

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

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

Employees

with 2 employees, this is below the industry average (4)

2 - Serviced Office Space Ltd

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Serviced Office Space Ltd

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £371.4k, this is more efficient (£186.3k)

£371.4k - Serviced Office Space Ltd

£186.3k - Industry AVG

debtordays

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

creditordays

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

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Serviced Office Space Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Serviced Office Space Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover742,880387,00067,349121,262446,057267,874340,186474,936306,784482,089607,627571,381475,283814,239373,428
Other Income Or Grants000000000000000
Cost Of Sales509,431278,06848,57286,665322,017187,221236,084317,542215,550348,887443,443420,152348,681585,547280,556
Gross Profit233,449108,93218,77734,597124,04180,653104,102157,39491,233133,202164,184151,229126,602228,69292,872
Admin Expenses208,99479,63626,73949,634138,14284,258103,165220,295106,19198,688183,483180,437215,065200,677265,867
Operating Profit24,45529,296-7,962-15,037-14,101-3,605937-62,901-14,95834,514-19,299-29,208-88,46328,015-172,995
Interest Payable000000000000000
Interest Receivable0000000130550371274441381274142
Pre-Tax Profit18,34123,730-7,962-15,037-14,101-3,605937-62,771-14,40834,885-19,025-28,767-88,08328,289-172,853
Tax000000-17800-7,326000-7,9210
Profit After Tax18,34123,730-7,962-15,037-14,101-3,605759-62,771-14,40827,559-19,025-28,767-88,08320,368-172,853
Dividends Paid000000000000000
Retained Profit18,34123,730-7,962-15,037-14,101-3,605759-62,771-14,40827,559-19,025-28,767-88,08320,368-172,853
Employee Costs0029,87427,12056,59627,38751,94651,26826,24751,64149,45547,96147,40069,86750,858
Number Of Employees211121221222232
EBITDA*25,05530,046-7,962-15,037-14,101-3,605937-62,901-12,71835,261-18,303-27,881-87,69329,041-171,627

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets2,4003,0013,7514,6885,86000002,2402,9873,9832,3103,0804,106
Intangible Assets000000000000000
Investments & Other222222220000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,4023,0033,7534,6905,86222202,2402,9873,9832,3103,0804,106
Stock & work in progress000000000000000
Trade Debtors19,87688,25111,27223,12361,83436,72558,93284,71043,64471,890107,42199,10880,091176,84862,875
Group Debtors000000000000000
Misc Debtors195,000187,000110,000100,00065,0000000000000
Cash00000000104,326115,69632,80476,75199,58552,61456,921
misc current assets000000000000000
total current assets214,876275,251121,272123,123126,83436,72558,93284,710147,970187,586140,225175,859179,676229,462119,796
total assets217,278278,254125,025127,813132,69636,72758,93484,712147,970189,826143,212179,842181,986232,542123,902
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 144,057162,848102,6470487,623377,553396,155422,690423,177450,625431,570449,175422,552385,025296,753
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities144,057162,848102,6470487,623377,553396,155422,690423,177450,625431,570449,175422,552385,025296,753
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities409,073469,600400,304497,77700000000000
provisions000000000000000
total long term liabilities409,073469,600400,304497,77700000000000
total liabilities553,130632,448502,951497,777487,623377,553396,155422,690423,177450,625431,570449,175422,552385,025296,753
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 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit24,45529,296-7,962-15,037-14,101-3,605937-62,901-14,95834,514-19,299-29,208-88,46328,015-172,995
Depreciation6007500000002,2407479961,3277701,0261,368
Amortisation000000000000000
Tax000000-17800-7,326000-7,9210
Stock000000000000000
Debtors-60,375153,979-1,851-3,71190,109-22,207-25,77841,066-28,246-35,5318,31319,017-96,757113,97362,875
Creditors-18,79160,201102,647-487,623110,070-18,602-26,535-487-27,44819,055-17,60526,62337,52788,272296,753
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations66,639-63,73296,536-498,9495,86002-104,454-11,92082,521-44,221-20,27546,591-4,58162,251
Investing Activities
capital expenditure109371,172-5,860000000-3,00000-5,474
Change in Investments000000020000000
cash flow from investments109371,172-5,86000-2000-3,00000-5,474
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-60,52769,296-97,473497,77700000000000
share issue120000-200000002
interest0000000130550371274441381274142
cash flow from financing-60,52669,298-97,473497,77700-2130550371274441381274144
cash and cash equivalents
cash0000000-104,326-11,37082,892-43,947-22,83446,971-4,30756,921
overdraft000000000000000
change in cash0000000-104,326-11,37082,892-43,947-22,83446,971-4,30756,921

serviced office space ltd 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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Serviced Office Space Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

s louca 100%

serviced office space ltd directors

Serviced Office Space Ltd currently has 1 director, Mr Saklesh Datta serving since Aug 2005.

officercountryagestartendrole
Mr Saklesh Datta61 years Aug 2005- Director

P&L

January 2024

turnover

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 2024

net 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

None

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

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