smartspace software limited
smartspace software limited Company Information
Company Number
05332126
Next Accounts
Oct 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
4 fordham house court, fordham house estate, fordham, cambridgeshire, CB7 5LL
Website
www.smartspaceplc.comsmartspace software limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTSPACE SOFTWARE LIMITED at £6m based on a Turnover of £5.7m and 1.06x industry multiple (adjusted for size and gross margin).
smartspace software limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTSPACE SOFTWARE LIMITED at £0 based on an EBITDA of £-27k and a 7.61x industry multiple (adjusted for size and gross margin).
smartspace software limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTSPACE SOFTWARE LIMITED at £20.7m based on Net Assets of £9m and 2.3x industry multiple (adjusted for liquidity).
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Smartspace Software Limited Overview
Smartspace Software Limited is a live company located in fordham, CB7 5LL with a Companies House number of 05332126. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2005, it's largest shareholder is undisclosed with a 100% stake. Smartspace Software Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with healthy growth in recent years.
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Smartspace Software Limited Health Check
Pomanda's financial health check has awarded Smartspace Software Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £5.7m, make it larger than the average company (£3.9m)
£5.7m - Smartspace Software Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8%)
7% - Smartspace Software Limited
8% - Industry AVG
Production
with a gross margin of 89%, this company has a lower cost of product (38.2%)
89% - Smartspace Software Limited
38.2% - Industry AVG
Profitability
an operating margin of -16.7% make it less profitable than the average company (5.6%)
-16.7% - Smartspace Software Limited
5.6% - Industry AVG
Employees
with 55 employees, this is above the industry average (24)
55 - Smartspace Software Limited
24 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has a higher pay structure (£49.6k)
£66.9k - Smartspace Software Limited
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £103.1k, this is less efficient (£153.8k)
£103.1k - Smartspace Software Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (39 days)
24 days - Smartspace Software Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (33 days)
79 days - Smartspace Software Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Smartspace Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (24 weeks)
24 weeks - Smartspace Software Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.2%, this is a lower level of debt than the average (60.2%)
29.2% - Smartspace Software Limited
60.2% - Industry AVG
SMARTSPACE SOFTWARE LIMITED financials
Smartspace Software Limited's latest turnover from January 2024 is £5.7 million and the company has net assets of £9 million. According to their latest financial statements, Smartspace Software Limited has 55 employees and maintains cash reserves of £1.7 million 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 | 5,669,000 | 5,056,000 | 5,140,000 | 4,629,000 | 5,082,000 | 2,959,000 | 6,137,000 | 41,521,000 | 40,098,000 | 29,468,000 | 14,003,000 | 1,621,960 | 1,104,667 | 3,518,918 | 3,245,779 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 622,000 | 559,000 | 1,495,000 | 1,978,000 | 3,014,000 | 1,848,000 | 1,640,000 | 32,297,000 | 33,148,000 | 24,310,000 | 9,247,000 | 692,384 | 505,419 | 2,638,622 | 2,403,780 |
| Gross Profit | 5,047,000 | 4,497,000 | 3,645,000 | 2,651,000 | 2,068,000 | 1,111,000 | 4,497,000 | 9,224,000 | 6,950,000 | 5,158,000 | 4,756,000 | 929,576 | 599,248 | 880,296 | 841,999 |
| Admin Expenses | 5,992,000 | 6,356,000 | 7,298,000 | 5,368,000 | 4,433,000 | 3,150,000 | 5,118,000 | 8,033,000 | 7,646,000 | 6,445,000 | 3,930,000 | 1,863,927 | 1,128,916 | 1,497,511 | 1,385,195 |
| Operating Profit | -945,000 | -1,859,000 | -3,653,000 | -2,717,000 | -2,365,000 | -2,039,000 | -621,000 | 1,191,000 | -696,000 | -1,287,000 | 826,000 | -934,351 | -529,668 | -617,215 | -543,196 |
| Interest Payable | 25,000 | 7,000 | 26,000 | 27,000 | 23,000 | 121,000 | 120,000 | 37,000 | 0 | 0 | 415,000 | 2,064 | 2,626 | 17,658 | 16,268 |
| Interest Receivable | 23,000 | 1,000 | 1,000 | 1,000 | 11,000 | 51,000 | 0 | 0 | 63,000 | 245,000 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -947,000 | -1,865,000 | -3,678,000 | -2,743,000 | -2,377,000 | -2,109,000 | -741,000 | 1,154,000 | -759,000 | -1,525,000 | 1,241,000 | -936,415 | -532,294 | -634,873 | -559,464 |
| Tax | -1,385,000 | -215,000 | 1,114,000 | 612,000 | 468,000 | 1,087,000 | 377,000 | 635,000 | 63,000 | 0 | 118,000 | 0 | 0 | -18,449 | 0 |
| Profit After Tax | -2,332,000 | -2,080,000 | -2,564,000 | -2,131,000 | -1,909,000 | -1,022,000 | -364,000 | 1,789,000 | -696,000 | -1,525,000 | 1,359,000 | -936,415 | -532,294 | -653,322 | -559,464 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,332,000 | -2,080,000 | -2,564,000 | -2,255,000 | -9,882,000 | -599,000 | -364,000 | 2,105,000 | -2,183,000 | -15,070,000 | 1,014,000 | -1,227,519 | -594,318 | -653,322 | -559,464 |
| Employee Costs | 3,679,000 | 3,868,000 | 4,497,000 | 3,308,000 | 2,486,000 | 1,768,000 | 2,838,000 | 16,359,000 | 15,386,000 | 16,542,000 | 4,616,000 | 899,836 | 571,824 | 797,592 | 879,465 |
| Number Of Employees | 55 | 54 | 68 | 54 | 48 | 33 | 63 | 317 | 283 | 16 | 10 | 17 | 19 | ||
| EBITDA* | -27,000 | -1,063,000 | -2,987,000 | -2,342,000 | -2,164,000 | -983,000 | -257,000 | 1,986,000 | 53,000 | -94,000 | 1,089,000 | -838,869 | -459,319 | -557,461 | -495,505 |
* 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 | 915,000 | 2,317,000 | 3,310,000 | 2,228,000 | 2,553,000 | 3,080,000 | 1,648,000 | 2,166,000 | 637,000 | 1,798,000 | 1,235,000 | 30,597 | 46,467 | 69,074 | 58,437 |
| Intangible Assets | 9,631,000 | 10,059,000 | 10,619,000 | 11,222,000 | 10,508,000 | 11,252,000 | 16,444,000 | 14,309,000 | 9,033,000 | 11,369,000 | 14,736,000 | 2,121,546 | 2,414,160 | 2,421,885 | 2,410,755 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 869,000 | 2,263,000 | 2,465,000 | 1,389,000 | 848,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,546,000 | 12,376,000 | 13,929,000 | 13,450,000 | 12,213,000 | 14,332,000 | 18,092,000 | 16,475,000 | 9,670,000 | 13,167,000 | 15,971,000 | 2,152,143 | 2,460,627 | 2,490,959 | 2,469,192 |
| Stock & work in progress | 0 | 0 | 203,000 | 89,000 | 345,000 | 364,000 | 224,000 | 143,000 | 181,000 | 305,000 | 364,000 | 4,791 | 157,908 | 242,297 | 457,605 |
| Trade Debtors | 388,000 | 451,000 | 392,000 | 472,000 | 506,000 | 2,023,000 | 5,642,000 | 7,351,000 | 6,650,000 | 8,390,000 | 7,236,000 | 139,332 | 268,281 | 237,553 | 439,047 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 106,000 | 66,000 | 175,000 | 196,000 | 216,000 | 0 | 206,000 | 230,000 | 1,332,000 | 1,042,000 | 731,000 | 253,506 | 273,527 | 458,578 | 174,982 |
| Cash | 1,684,000 | 1,962,000 | 2,758,000 | 4,516,000 | 2,587,000 | 8,053,000 | 4,423,000 | 4,468,000 | 2,430,000 | 492,000 | 999,000 | 171,962 | 94,739 | 62,510 | 149,740 |
| misc current assets | 0 | 0 | 0 | 328,000 | 0 | 2,364,000 | 7,757,000 | 0 | 0 | 1,226,000 | 737,000 | 0 | 0 | 0 | 0 |
| total current assets | 2,178,000 | 4,210,000 | 3,598,000 | 5,702,000 | 10,134,000 | 12,804,000 | 18,252,000 | 12,192,000 | 10,593,000 | 11,455,000 | 10,067,000 | 569,591 | 794,455 | 1,000,938 | 1,221,374 |
| total assets | 12,724,000 | 16,586,000 | 17,527,000 | 19,152,000 | 22,347,000 | 27,136,000 | 36,344,000 | 28,667,000 | 20,263,000 | 24,622,000 | 26,038,000 | 2,721,734 | 3,255,082 | 3,491,897 | 3,690,566 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,273,000 | 1,383,000 | 878,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 334,000 | 0 | 0 | 401,000 | 24,000 | 0 | 653,000 | 0 | 0 | 0 | 0 | 0 | 0 | 6,111 |
| Trade Creditors | 136,000 | 210,000 | 395,000 | 279,000 | 695,000 | 823,000 | 5,847,000 | 4,765,000 | 3,257,000 | 5,957,000 | 3,148,000 | 269,079 | 287,017 | 309,308 | 657,336 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 383,000 | 58,000 | 0 | 0 | 1,618,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 |
| hp & lease commitments | 68,000 | 52,000 | 67,000 | 63,000 | 46,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,860 | 3,720 | 3,720 | 0 |
| other current liabilities | 3,330,000 | 4,116,000 | 2,885,000 | 2,017,000 | 1,179,000 | 2,472,000 | 4,748,000 | 5,564,000 | 5,922,000 | 6,691,000 | 6,899,000 | 379,915 | 446,674 | 347,843 | 506,861 |
| total current liabilities | 3,534,000 | 4,712,000 | 3,730,000 | 2,417,000 | 2,321,000 | 3,319,000 | 12,213,000 | 12,255,000 | 10,562,000 | 13,526,000 | 10,047,000 | 650,854 | 737,411 | 660,871 | 1,185,308 |
| loans | 354,000 | 466,000 | 82,000 | 930,000 | 266,000 | 804,000 | 3,176,000 | 3,524,000 | 0 | 0 | 0 | 0 | 3,720 | 11,162 | 0 |
| hp & lease commitments | 177,000 | 233,000 | 41,000 | 110,000 | 133,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,860 | 5,581 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,833,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 2,113,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 10,000 | 282,000 | 338,000 | 1,582,000 | 570,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 177,000 | 233,000 | 41,000 | 465,000 | 2,246,000 | 407,000 | 1,729,000 | 1,931,000 | 791,000 | 2,118,000 | 0 | 0 | 1,860 | 5,581 | 0 |
| total liabilities | 3,711,000 | 4,945,000 | 3,771,000 | 2,882,000 | 4,567,000 | 3,726,000 | 13,942,000 | 14,186,000 | 11,353,000 | 15,644,000 | 10,047,000 | 650,854 | 739,271 | 666,452 | 1,185,308 |
| net assets | 9,013,000 | 11,641,000 | 13,756,000 | 16,270,000 | 17,780,000 | 23,410,000 | 22,402,000 | 14,481,000 | 8,910,000 | 8,978,000 | 15,991,000 | 2,070,880 | 2,515,811 | 2,825,445 | 2,505,258 |
| total shareholders funds | 9,013,000 | 11,641,000 | 13,756,000 | 16,270,000 | 17,780,000 | 23,410,000 | 22,402,000 | 14,481,000 | 8,910,000 | 8,978,000 | 15,991,000 | 2,070,880 | 2,515,811 | 2,825,445 | 2,505,258 |
| 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 | -945,000 | -1,859,000 | -3,653,000 | -2,717,000 | -2,365,000 | -2,039,000 | -621,000 | 1,191,000 | -696,000 | -1,287,000 | 826,000 | -934,351 | -529,668 | -617,215 | -543,196 |
| Depreciation | 90,000 | 88,000 | 114,000 | 103,000 | 79,000 | 234,000 | 73,000 | 424,000 | 531,000 | 373,000 | 117,000 | 22,106 | 27,604 | 25,031 | 21,055 |
| Amortisation | 828,000 | 708,000 | 552,000 | 272,000 | 122,000 | 822,000 | 291,000 | 371,000 | 218,000 | 820,000 | 146,000 | 73,376 | 42,745 | 34,723 | 26,636 |
| Tax | -1,385,000 | -215,000 | 1,114,000 | 612,000 | 468,000 | 1,087,000 | 377,000 | 635,000 | 63,000 | 0 | 118,000 | 0 | 0 | -18,449 | 0 |
| Stock | 0 | -203,000 | 114,000 | -256,000 | -19,000 | 140,000 | 81,000 | -38,000 | -124,000 | -59,000 | 359,209 | -153,117 | -84,389 | -215,308 | 457,605 |
| Debtors | -1,417,000 | -252,000 | 975,000 | 487,000 | -453,000 | -3,825,000 | -1,733,000 | -401,000 | -1,450,000 | 1,465,000 | 7,574,162 | -148,970 | -154,323 | 82,102 | 614,029 |
| Creditors | -74,000 | -185,000 | 116,000 | -416,000 | -128,000 | -5,024,000 | 1,082,000 | 1,508,000 | -2,700,000 | 2,809,000 | 2,878,921 | -17,938 | -22,291 | -348,028 | 657,336 |
| Accruals and Deferred Income | -786,000 | 1,231,000 | 868,000 | 838,000 | -1,293,000 | -2,276,000 | -816,000 | -358,000 | -2,602,000 | 1,625,000 | 6,519,085 | -66,759 | 98,831 | -159,018 | 506,861 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -10,000 | -272,000 | -56,000 | -1,244,000 | 1,012,000 | 570,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -855,000 | 223,000 | -1,978,000 | -1,539,000 | -2,655,000 | -3,783,000 | 1,982,000 | 2,966,000 | -2,600,000 | 3,504,000 | 2,671,635 | -621,479 | -144,067 | -949,750 | -402,942 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -62,000 | 62,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -334,000 | 334,000 | 0 | -401,000 | 377,000 | 24,000 | -653,000 | 653,000 | 0 | 0 | 0 | 0 | 0 | -6,111 | 6,111 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -383,000 | 325,000 | 58,000 | 0 | -1,618,000 | 1,618,000 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 15,000 |
| Long term loans | -112,000 | 384,000 | -848,000 | 664,000 | -538,000 | -2,372,000 | -348,000 | 3,524,000 | 0 | 0 | 0 | -3,720 | -7,442 | 11,162 | 0 |
| Hire Purchase and Lease Commitments | -40,000 | 177,000 | -65,000 | -6,000 | 179,000 | 0 | 0 | 0 | 0 | 0 | -1,860 | -3,720 | -3,721 | 9,301 | 0 |
| other long term liabilities | 0 | 0 | 0 | -2,113,000 | 2,113,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -2,000 | -6,000 | -25,000 | -26,000 | -12,000 | -70,000 | -120,000 | -37,000 | 63,000 | 245,000 | -415,000 | -2,064 | -2,626 | -17,658 | -16,268 |
| cash flow from financing | -784,000 | 471,000 | -563,000 | -1,079,000 | 6,371,000 | -2,429,000 | 8,782,000 | 7,606,000 | 2,178,000 | 8,302,000 | 12,489,260 | 773,084 | 270,895 | 955,203 | 3,069,565 |
| cash and cash equivalents | |||||||||||||||
| cash | -278,000 | -796,000 | -1,758,000 | 1,929,000 | -5,466,000 | 3,630,000 | -45,000 | 2,038,000 | 1,938,000 | -507,000 | 827,038 | 77,223 | 32,229 | -87,230 | 149,740 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -1,273,000 | -110,000 | 505,000 | 878,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -278,000 | -796,000 | -1,758,000 | 1,929,000 | -5,466,000 | 3,630,000 | 1,228,000 | 2,148,000 | 1,433,000 | -1,385,000 | 827,038 | 77,223 | 32,229 | -87,230 | 149,740 |
smartspace software limited Credit Report and Business Information
Smartspace Software Limited Competitor Analysis
Perform a competitor analysis for smartspace software limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in CB7 area or any other competitors across 12 key performance metrics.
smartspace software limited Ownership
SMARTSPACE SOFTWARE LIMITED group structure
Smartspace Software Limited has 3 subsidiary companies.
Ultimate parent company
SMARTSPACE SOFTWARE LIMITED
05332126
3 subsidiaries
smartspace software limited directors
Smartspace Software Limited currently has 2 directors. The longest serving directors include Mr Jeffrey Gordon (May 2024) and Kami Ragsdale (Dec 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Gordon | United States | 64 years | May 2024 | - | Director |
| Kami Ragsdale | United Kingdom | 53 years | Dec 2024 | - | Director |
P&L
January 2024turnover
5.7m
+12%
operating profit
-945k
-49%
gross margin
89.1%
+0.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
9m
-0.23%
total assets
12.7m
-0.23%
cash
1.7m
-0.14%
net assets
Total assets minus all liabilities
smartspace software limited company details
company number
05332126
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2005
age
20
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2024
previous names
smartspace software plc (May 2024)
redstoneconnect plc (July 2018)
See moreaccountant
-
auditor
COOPER PARRY GROUP LIMITED
address
4 fordham house court, fordham house estate, fordham, cambridgeshire, CB7 5LL
Bank
SANTANDER UK PLC
Legal Advisor
-
smartspace software 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 7 charges/mortgages relating to smartspace software limited. Currently there are 2 open charges and 5 have been satisfied in the past.
smartspace software limited Capital Raised & Share Issues BETA
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Click to start generating capital raising & share issue transactions for SMARTSPACE SOFTWARE LIMITED. This can take several minutes, an email will notify you when this has completed.
smartspace software limited Companies House Filings - See Documents
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