hubspace (uk) limited
hubspace (uk) limited Company Information
Company Number
06614629
Website
www.devonshirebc.comRegistered Address
381-383 city road, london, EC1V 1NW
Industry
Development of building projects
Telephone
01462488200
Next Accounts Due
September 2024
Group Structure
View All
Directors
Sundeep Sandhu16 Years
Shareholders
sundeep singh sandhu 100%
hubspace (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HUBSPACE (UK) LIMITED at £8.7m based on a Turnover of £14.4m and 0.61x industry multiple (adjusted for size and gross margin).
hubspace (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HUBSPACE (UK) LIMITED at £2.2m based on an EBITDA of £475.6k and a 4.55x industry multiple (adjusted for size and gross margin).
hubspace (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HUBSPACE (UK) LIMITED at £1.3m based on Net Assets of £985.5k and 1.31x industry multiple (adjusted for liquidity).
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Hubspace (uk) Limited Overview
Hubspace (uk) Limited is a live company located in london, EC1V 1NW with a Companies House number of 06614629. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2008, it's largest shareholder is sundeep singh sandhu with a 100% stake. Hubspace (uk) Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.4m with high growth in recent years.
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Hubspace (uk) Limited Health Check
Pomanda's financial health check has awarded Hubspace (Uk) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £14.4m, make it larger than the average company (£2.3m)
- Hubspace (uk) Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (1.7%)
- Hubspace (uk) Limited
1.7% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Hubspace (uk) Limited
25.8% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (9.6%)
- Hubspace (uk) Limited
9.6% - Industry AVG
Employees
with 22 employees, this is above the industry average (6)
22 - Hubspace (uk) Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Hubspace (uk) Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £654.6k, this is more efficient (£286.8k)
- Hubspace (uk) Limited
£286.8k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is near the average (30 days)
- Hubspace (uk) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (30 days)
- Hubspace (uk) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hubspace (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Hubspace (uk) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.8%, this is a similar level of debt than the average (75.1%)
81.8% - Hubspace (uk) Limited
75.1% - Industry AVG
HUBSPACE (UK) LIMITED financials
Hubspace (Uk) Limited's latest turnover from December 2022 is estimated at £14.4 million and the company has net assets of £985.5 thousand. According to their latest financial statements, Hubspace (Uk) Limited has 22 employees and maintains cash reserves of £221.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 22 | 22 | 25 | 22 | 23 | 23 | 28 | 22 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 218,122 | 157,645 | 96,269 | 103,019 | 117,234 | 56,055 | 53,699 | 69,186 | 137,881 | 238,954 | 350,951 | 380,000 | 292,603 |
| Intangible Assets | 2,942 | 3,677 | 4,596 | 5,745 | 7,181 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Total Fixed Assets | 221,064 | 161,322 | 100,865 | 108,764 | 124,415 | 56,055 | 53,699 | 69,186 | 137,881 | 238,954 | 350,951 | 380,000 | 292,603 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,003,255 | 680,451 | 476,842 | 377,588 | 331,148 | 240,709 | 123,752 | 209,854 | 1,723,530 | 1,429,880 | 845,313 | 512,638 | 459,062 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 752,827 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,980,774 | 3,408,021 | 3,232,683 | 2,737,832 | 1,882,104 | 1,308,349 | 1,401,856 | 420,500 | 0 | 0 | 0 | 117,970 | 37,249 |
| Cash | 221,418 | 267,481 | 348,226 | 201,223 | 94,674 | 95,634 | 286,859 | 140,459 | 212,053 | 78,282 | 108,780 | 119,367 | 66,581 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,205,447 | 4,355,953 | 4,057,751 | 3,316,643 | 2,307,926 | 1,644,692 | 1,812,467 | 1,523,640 | 1,935,583 | 1,508,162 | 954,093 | 749,975 | 562,892 |
| total assets | 5,426,511 | 4,517,275 | 4,158,616 | 3,425,407 | 2,432,341 | 1,700,747 | 1,866,166 | 1,592,826 | 2,073,464 | 1,747,116 | 1,305,044 | 1,129,975 | 855,495 |
| Bank overdraft | 4,820 | 818 | 0 | 26,242 | 2,985 | 130,531 | 0 | 7,990 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,537,007 | 2,280,201 | 1,997,350 | 1,671,651 | 1,229,724 | 499,855 | 1,049,986 | 782,652 | 2,000,883 | 1,664,401 | 1,411,083 | 1,050,877 | 900,011 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,899,216 | 1,593,452 | 1,398,652 | 1,076,991 | 665,996 | 579,510 | 494,655 | 649,799 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,441,043 | 3,874,471 | 3,396,002 | 2,774,884 | 1,898,705 | 1,209,896 | 1,544,641 | 1,440,441 | 2,000,883 | 1,664,401 | 1,411,083 | 1,050,877 | 900,011 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 2,750 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,580 | 23,591 | 38,639 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,580 | 23,591 | 38,639 | 2,750 |
| total liabilities | 4,441,043 | 3,874,471 | 3,396,002 | 2,774,884 | 1,898,705 | 1,209,896 | 1,544,641 | 1,440,441 | 2,000,883 | 1,673,981 | 1,434,674 | 1,089,516 | 902,761 |
| net assets | 985,468 | 642,804 | 762,614 | 650,523 | 533,636 | 490,851 | 321,525 | 152,385 | 72,581 | 73,135 | -129,630 | 40,459 | -47,266 |
| total shareholders funds | 985,468 | 642,804 | 762,614 | 650,523 | 533,636 | 490,851 | 321,525 | 152,385 | 72,581 | 73,135 | -129,630 | 40,459 | -47,266 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 60,070 | 29,058 | 42,610 | 32,937 | 38,297 | 27,659 | 46,440 | 78,059 | 116,335 | 147,132 | 141,592 | 119,493 | 81,315 |
| Amortisation | 735 | 919 | 1,149 | 1,436 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 895,557 | 378,947 | 594,105 | 902,168 | 664,194 | 23,450 | 142,427 | -340,349 | 293,650 | 584,567 | 214,705 | 134,297 | 496,311 |
| Creditors | 256,806 | 282,851 | 325,699 | 441,927 | 729,869 | -550,131 | 267,334 | -1,218,231 | 336,482 | 253,318 | 360,206 | 150,866 | 900,011 |
| Accruals and Deferred Income | 305,764 | 194,800 | 321,661 | 410,995 | 86,486 | 84,855 | -155,144 | 649,799 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,580 | -14,011 | -15,048 | 38,639 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,750 | 2,750 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -46,063 | -80,745 | 147,003 | 106,549 | -960 | -191,225 | 146,400 | -71,594 | 133,771 | -30,498 | -10,587 | 52,786 | 66,581 |
| overdraft | 4,002 | 818 | -26,242 | 23,257 | -127,546 | 130,531 | -7,990 | 7,990 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -50,065 | -81,563 | 173,245 | 83,292 | 126,586 | -321,756 | 154,390 | -79,584 | 133,771 | -30,498 | -10,587 | 52,786 | 66,581 |
hubspace (uk) limited Credit Report and Business Information
Hubspace (uk) Limited Competitor Analysis
Perform a competitor analysis for hubspace (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hubspace (uk) limited Ownership
HUBSPACE (UK) LIMITED group structure
Hubspace (Uk) Limited has no subsidiary companies.
Ultimate parent company
HUBSPACE (UK) LIMITED
06614629
hubspace (uk) limited directors
Hubspace (Uk) Limited currently has 1 director, Mr Sundeep Sandhu serving since Jun 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sundeep Sandhu | 48 years | Jun 2008 | - | Director |
P&L
December 2022turnover
14.4m
+20%
operating profit
414.8k
0%
gross margin
25.8%
+7.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
985.5k
+0.53%
total assets
5.4m
+0.2%
cash
221.4k
-0.17%
net assets
Total assets minus all liabilities
hubspace (uk) limited company details
company number
06614629
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2008
age
16
accounts
Total Exemption Full
ultimate parent company
previous names
devonshire business centres (uk) limited (December 2020)
incorporated
UK
address
381-383 city road, london, EC1V 1NW
last accounts submitted
December 2022
hubspace (uk) 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 did not find charges/mortgages relating to hubspace (uk) limited.
hubspace (uk) limited Companies House Filings - See Documents
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