3space

Live EstablishedMicroDeclining

3space Company Information

Share 3SPACE

Company Number

07221470

Shareholders

-

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

105 eade road, occ building a, 2nd floor, unit 11d, london, N4 1TJ

3space Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of 3SPACE at £1.1m based on a Turnover of £421.4k and 2.53x industry multiple (adjusted for size and gross margin).

3space Estimated Valuation

£924.2k

Pomanda estimates the enterprise value of 3SPACE at £924.2k based on an EBITDA of £138.4k and a 6.68x industry multiple (adjusted for size and gross margin).

3space Estimated Valuation

£395k

Pomanda estimates the enterprise value of 3SPACE at £395k based on Net Assets of £217.3k and 1.82x industry multiple (adjusted for liquidity).

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3space Overview

3space is a live company located in london, N4 1TJ with a Companies House number of 07221470. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in April 2010, it's largest shareholder is unknown. 3space is a established, micro sized company, Pomanda has estimated its turnover at £421.4k with declining growth in recent years.

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3space Health Check

Pomanda's financial health check has awarded 3Space a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £421.4k, make it in line with the average company (£412.3k)

£421.4k - 3space

£412.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (6.1%)

-27% - 3space

6.1% - Industry AVG

production

Production

with a gross margin of 57.9%, this company has a comparable cost of product (57.9%)

57.9% - 3space

57.9% - Industry AVG

profitability

Profitability

an operating margin of 32.9% make it more profitable than the average company (8%)

32.9% - 3space

8% - Industry AVG

employees

Employees

with 5 employees, this is similar to the industry average (6)

5 - 3space

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - 3space

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £84.3k, this is less efficient (£101.6k)

£84.3k - 3space

£101.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - 3space

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (29 days)

0 days - 3space

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 3space

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is average cash available to meet short term requirements (45 weeks)

54 weeks - 3space

45 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.2%, this is a lower level of debt than the average (60.7%)

39.2% - 3space

60.7% - Industry AVG

3SPACE financials

EXPORTms excel logo

3Space's latest turnover from March 2024 is £421.4 thousand and the company has net assets of £217.3 thousand. According to their latest financial statements, we estimate that 3Space has 5 employees and maintains cash reserves of £145.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011
Turnover421,398319,973318,3381,101,5281,349,67180,88780,48660,65148,03025,75452,336634,892667,95881,904
Other Income Or Grants
Cost Of Sales177,533105,729107,819353,259303,63116,81419,16114,31324,36413,94928,944361,155388,64446,468
Gross Profit243,865214,244210,519748,2691,046,04064,07361,32546,33823,66611,80523,392273,737279,31435,436
Admin Expenses105,421222,13097,675614,383774,61569,739-3,62025,58016,60631,26553,615217,072243,38336,057
Operating Profit138,444-7,886112,844133,886271,425-5,66664,94520,7587,060-19,460-30,22356,66535,931-621
Interest Payable
Interest Receivable
Pre-Tax Profit109,269-2,46293,072110,912222,643-5,14252,73516,6335,714-19,362-29,86743,65926,981-551
Tax-2,195-2,653
Profit After Tax109,269-2,46293,072108,717219,990-5,14252,73516,6335,714-19,362-29,86743,65926,981-551
Dividends Paid
Retained Profit109,269-2,46293,072108,717219,990-5,14252,73516,6335,714-19,362-29,86743,65926,981-551
Employee Costs200,221157,704147,848285,256244,64333,10731,75931,74235,34732,85332,721146,035126,46115,155
Number Of Employees54466111111441
EBITDA*138,444-7,886112,844235,935367,362-5,66664,94520,7587,060-19,460-30,22358,09436,545-621

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011
Tangible Assets195,413271,7852,7941,229
Intangible Assets
Investments & Other10010,10010,10010,00010,00010,100100100100100100
Debtors (Due After 1 year)
Total Fixed Assets10010,10010,100205,413281,78510,1001001001001001002,7941,229
Stock & work in progress
Trade Debtors61,714101,0361,1601,1604,828147,09119,671
Group Debtors143,44339,185102,67995,86039,11034,61812,85833,451
Misc Debtors67,83071,992170,10995,96985,4384,4654,4634,3574,3576,2253,22527,8502,425
Cash145,785130,346124,914424,414240,85394,96044,83019,0187,50725,29713,826128,459184,12727,804
misc current assets144
total current assets357,058241,523295,023582,097427,327202,248145,15362,48546,48245,54051,662161,137333,64347,475
total assets357,158251,623305,123787,510709,112212,348145,25362,58546,58245,64051,762163,931334,87247,475
Bank overdraft
Bank loan
Trade Creditors 65474064950262,3053,31219,933
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities139,813143,565194,610378,204409,122129,50857,24525,03327,96832,74019,50090,530308,44138,093
total current liabilities139,878143,612194,650378,853409,172129,50857,27127,33827,96832,74019,50093,842308,44248,026
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities139,878143,612194,650378,853409,172129,50857,27127,33827,96832,74019,50093,842308,44248,026
net assets217,280108,011110,473408,657299,94082,84087,98235,24718,61412,90032,26270,08926,430-551
total shareholders funds217,280108,011110,473408,657299,94082,84087,98235,24718,61412,90032,26270,08926,430-551
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011
Operating Activities
Operating Profit138,444-7,886112,844133,886271,425-5,66664,94520,7587,060-19,460-30,22356,66535,931-621
Depreciation102,04995,9371,429614
Amortisation
Tax-2,195-2,653
Stock
Debtors100,096-58,93212,426-28,79179,3306,82156,8564,49218,732-17,5935,158-116,838129,84519,671
Creditors187-60959950-26-2,2792,305-3,3123,311-9,9329,933
Accruals and Deferred Income-3,752-51,045-183,594-30,918279,61472,26332,212-2,935-4,77213,240-71,030-217,911270,34838,093
Deferred Taxes & Provisions
Cash flow from operations34,6148-83,785232,212565,04359,75038,02215,636-16,44411,373-109,723-39,668167,11627,734
Investing Activities
capital expenditure195,4132,794-2,994-1,843
Change in Investments-10,000100-10010,000100
cash flow from investments10,000195,313100-10,0002,694-2,994-1,843
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-391,256-2,890-7,960
interest
cash flow from financing-391,256-2,890-7,960
cash and cash equivalents
cash15,4395,432-299,500183,561145,89350,13025,81211,511-17,79011,471-114,633-55,668156,32327,804
overdraft
change in cash15,4395,432-299,500183,561145,89350,13025,81211,511-17,79011,471-114,633-55,668156,32327,804

3space 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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3space Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 3space by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 4 area or any other competitors across 12 key performance metrics.

3space Ownership

3SPACE group structure

3Space has 1 subsidiary company.

Ultimate parent company

3SPACE

07221470

1 subsidiary

3SPACE Shareholders

--

3space directors

3Space currently has 3 directors. The longest serving directors include Mr William Hyslop (Mar 2012) and Mr Nicholas Elliot (Aug 2013).

officercountryagestartendrole
Mr William HyslopEngland40 years Mar 2012- Director
Mr Nicholas ElliotEngland40 years Aug 2013- Director
Mr Alexander BrownEngland41 years Aug 2013- Director

P&L

March 2024

turnover

421.4k

+32%

operating profit

138.4k

0%

gross margin

57.9%

-13.57%

turnover

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

Balance Sheet

March 2024

net assets

217.3k

+1.01%

total assets

357.2k

+0.42%

cash

145.8k

+0.12%

net assets

Total assets minus all liabilities

3space company details

company number

07221470

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

April 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

PESACH DAVIDOFF

auditor

-

address

105 eade road, occ building a, 2nd floor, unit 11d, london, N4 1TJ

Bank

-

Legal Advisor

-

3space 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 3space.

3space 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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3space Companies House Filings - See Documents

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