space display solutions ltd
space display solutions ltd Company Information
Company Number
08076009
Website
-Registered Address
91 ringley road, whitefield, manchester, M45 7HU
Industry
Wholesale of office furniture
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Javed Akram5 Years
Shareholders
zubair akrim 100%
space display solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SPACE DISPLAY SOLUTIONS LTD at £146.7k based on a Turnover of £580.5k and 0.25x industry multiple (adjusted for size and gross margin).
space display solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SPACE DISPLAY SOLUTIONS LTD at £0 based on an EBITDA of £-1.4k and a 3.28x industry multiple (adjusted for size and gross margin).
space display solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SPACE DISPLAY SOLUTIONS LTD at £0 based on Net Assets of £-8.2k and 1.85x industry multiple (adjusted for liquidity).
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Space Display Solutions Ltd Overview
Space Display Solutions Ltd is a dissolved company that was located in manchester, M45 7HU with a Companies House number of 08076009. It operated in the wholesale of office furniture sector, SIC Code 46650. Founded in May 2012, it's largest shareholder was zubair akrim with a 100% stake. The last turnover for Space Display Solutions Ltd was estimated at £580.5k.
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Space Display Solutions Ltd Health Check
Pomanda's financial health check has awarded Space Display Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £580.5k, make it smaller than the average company (£10.9m)
- Space Display Solutions Ltd
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.5%)
- Space Display Solutions Ltd
2.5% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- Space Display Solutions Ltd
26.1% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (2.9%)
- Space Display Solutions Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (47)
2 - Space Display Solutions Ltd
47 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Space Display Solutions Ltd
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £290.2k, this is more efficient (£244.7k)
- Space Display Solutions Ltd
£244.7k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (52 days)
- Space Display Solutions Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is close to average (53 days)
- Space Display Solutions Ltd
53 days - Industry AVG
Stock Days
it holds stock equivalent to 209 days, this is more than average (26 days)
- Space Display Solutions Ltd
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Space Display Solutions Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (73.6%)
103% - Space Display Solutions Ltd
73.6% - Industry AVG
SPACE DISPLAY SOLUTIONS LTD financials
Space Display Solutions Ltd's latest turnover from May 2017 is estimated at £580.5 thousand and the company has net assets of -£8.2 thousand. According to their latest financial statements, Space Display Solutions Ltd has 2 employees and maintains cash reserves of £3.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|
| 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 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,447 | 7,263 | 9,534 | 12,712 | 9,695 |
| Intangible Assets | 5,866 | 7,822 | 6,622 | 8,829 | 10,572 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,313 | 15,085 | 16,156 | 21,541 | 20,267 |
| Stock & work in progress | 246,096 | 246,096 | 210,701 | 162,201 | 70,941 |
| Trade Debtors | 13,703 | 24,380 | 52,805 | 41,364 | 55,788 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,075 | 0 | 16,234 | 682 | 10,878 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 262,874 | 270,476 | 279,740 | 204,247 | 137,607 |
| total assets | 274,187 | 285,561 | 295,896 | 225,788 | 157,874 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 66,685 | 234,473 | 215,890 | 164,937 | 155,582 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 188,050 | 0 | 0 | 0 | 0 |
| total current liabilities | 254,735 | 234,473 | 215,890 | 164,937 | 155,582 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 27,641 | 54,068 | 50,167 | 54,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 27,641 | 54,068 | 50,167 | 54,000 | 0 |
| total liabilities | 282,376 | 288,541 | 266,057 | 218,937 | 155,582 |
| net assets | -8,189 | -2,980 | 29,839 | 6,851 | 2,292 |
| total shareholders funds | -8,189 | -2,980 | 29,839 | 6,851 | 2,292 |
| May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,816 | 2,421 | 3,162 | 1,987 | |
| Amortisation | 1,956 | 2,608 | 2,293 | 478 | |
| Tax | |||||
| Stock | 0 | 35,395 | 48,500 | 91,260 | 70,941 |
| Debtors | -10,677 | -28,425 | 11,441 | -14,424 | 55,788 |
| Creditors | -167,788 | 18,583 | 50,953 | 9,355 | 155,582 |
| Accruals and Deferred Income | 188,050 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -26,427 | 3,901 | -3,833 | 54,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 3,075 | -16,234 | 15,552 | -10,196 | 10,878 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,075 | -16,234 | 15,552 | -10,196 | 10,878 |
space display solutions ltd Credit Report and Business Information
Space Display Solutions Ltd Competitor Analysis
Perform a competitor analysis for space display solutions ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in M45 area or any other competitors across 12 key performance metrics.
space display solutions ltd Ownership
SPACE DISPLAY SOLUTIONS LTD group structure
Space Display Solutions Ltd has no subsidiary companies.
Ultimate parent company
SPACE DISPLAY SOLUTIONS LTD
08076009
space display solutions ltd directors
Space Display Solutions Ltd currently has 1 director, Mr Javed Akram serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Javed Akram | United Kingdom | 46 years | Feb 2019 | - | Director |
P&L
May 2017turnover
580.5k
-37%
operating profit
-5.2k
0%
gross margin
26.2%
-9.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2017net assets
-8.2k
+1.75%
total assets
274.2k
-0.04%
cash
3.1k
0%
net assets
Total assets minus all liabilities
space display solutions ltd company details
company number
08076009
Type
Private limited with Share Capital
industry
46650 - Wholesale of office furniture
incorporation date
May 2012
age
12
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2017
address
91 ringley road, whitefield, manchester, M45 7HU
accountant
-
auditor
-
space display solutions 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 space display solutions ltd.
space display solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
