simple space ltd
simple space ltd Company Information
Company Number
08718438
Next Accounts
Sep 2025
Shareholders
nicholas james way
mark chitty
View AllGroup Structure
View All
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
broadway studios, 20 hammersmith broadway, london, W6 7AF
Website
https://simplespace.designsimple space ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLE SPACE LTD at £393.8k based on a Turnover of £120.5k and 3.27x industry multiple (adjusted for size and gross margin).
simple space ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLE SPACE LTD at £0 based on an EBITDA of £-36.4k and a 6.39x industry multiple (adjusted for size and gross margin).
simple space ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLE SPACE LTD at £0 based on Net Assets of £-647.7k and 1.75x industry multiple (adjusted for liquidity).
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Simple Space Ltd Overview
Simple Space Ltd is a live company located in london, W6 7AF with a Companies House number of 08718438. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2013, it's largest shareholder is nicholas james way with a 40.3% stake. Simple Space Ltd is a established, micro sized company, Pomanda has estimated its turnover at £120.5k with healthy growth in recent years.
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Simple Space Ltd Health Check
Pomanda's financial health check has awarded Simple Space Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £120.5k, make it smaller than the average company (£1.1m)
- Simple Space Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.6%)
- Simple Space Ltd
3.6% - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
- Simple Space Ltd
70.9% - Industry AVG
Profitability
an operating margin of -30.8% make it less profitable than the average company (21.5%)
- Simple Space Ltd
21.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Simple Space Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Simple Space Ltd
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £120.5k, this is less efficient (£202.7k)
- Simple Space Ltd
£202.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Simple Space Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (34 days)
- Simple Space Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simple Space Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simple Space Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 461.4%, this is a higher level of debt than the average (71.6%)
461.4% - Simple Space Ltd
71.6% - Industry AVG
SIMPLE SPACE LTD financials
Simple Space Ltd's latest turnover from December 2023 is estimated at £120.5 thousand and the company has net assets of -£647.7 thousand. According to their latest financial statements, Simple Space Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 54 | 2,341 | 6,994 | 10,569 | ||||||
| Intangible Assets | 893 | 1,718 | 2,542 | 3,366 | 4,192 | 5,015 | 5,840 | 6,665 | 7,489 | |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 893 | 1,718 | 2,542 | 3,366 | 4,192 | 5,069 | 8,181 | 13,659 | 18,058 | |
| Stock & work in progress | ||||||||||
| Trade Debtors | 2,882 | |||||||||
| Group Debtors | ||||||||||
| Misc Debtors | 178,315 | 178,315 | 178,315 | 178,315 | 178,315 | 182,454 | 134,736 | 48,981 | 7,386 | |
| Cash | 91 | 19,887 | ||||||||
| misc current assets | ||||||||||
| total current assets | 178,315 | 178,315 | 178,315 | 178,315 | 178,315 | 182,454 | 134,736 | 49,072 | 30,155 | |
| total assets | 179,208 | 180,033 | 180,857 | 181,681 | 182,507 | 187,523 | 142,917 | 62,731 | 48,213 | |
| Bank overdraft | 5 | 5 | 5 | 5 | 5 | 5 | 101 | |||
| Bank loan | ||||||||||
| Trade Creditors | 4,609 | 5,305 | 262 | 204 | 1,591 | 665 | 600 | |||
| Group/Directors Accounts | 820,654 | 778,840 | 688,246 | 600,150 | 503,729 | 414,132 | 249,818 | 115,395 | 421,400 | |
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 1,620 | 6,378 | 7,979 | 8,929 | 14,170 | 21,009 | 43,902 | 21,039 | 2,731 | |
| total current liabilities | 826,888 | 790,528 | 696,492 | 609,288 | 519,495 | 435,146 | 294,486 | 137,034 | 424,131 | |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 826,888 | 790,528 | 696,492 | 609,288 | 519,495 | 435,146 | 294,486 | 137,034 | 424,131 | |
| net assets | -647,680 | -610,495 | -515,635 | -427,607 | -336,988 | -247,623 | -151,569 | -74,303 | -375,918 | |
| total shareholders funds | -647,680 | -610,495 | -515,635 | -427,607 | -336,988 | -247,623 | -151,569 | -74,303 | -375,918 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 54 | 2,287 | 4,653 | 4,602 | 4,485 | |||||
| Amortisation | 825 | 824 | 824 | 826 | 824 | 825 | 825 | 824 | ||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | -4,139 | 47,718 | 85,755 | 38,713 | 10,268 | |||||
| Creditors | -696 | 5,043 | 58 | -1,387 | 1,591 | -665 | 65 | 600 | ||
| Accruals and Deferred Income | -4,758 | -1,601 | -950 | -5,241 | -6,839 | -22,893 | 22,863 | 18,308 | 2,731 | |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 41,814 | 90,594 | 88,096 | 96,421 | 89,597 | 164,314 | 134,423 | -306,005 | 421,400 | |
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -91 | -19,796 | 19,887 | |||||||
| overdraft | -96 | 101 | ||||||||
| change in cash | 96 | -192 | -19,796 | 19,887 |
simple space ltd Credit Report and Business Information
Simple Space Ltd Competitor Analysis
Perform a competitor analysis for simple space ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W 6 area or any other competitors across 12 key performance metrics.
simple space ltd Ownership
SIMPLE SPACE LTD group structure
Simple Space Ltd has no subsidiary companies.
Ultimate parent company
SIMPLE SPACE LTD
08718438
simple space ltd directors
Simple Space Ltd currently has 2 directors. The longest serving directors include Mr Andrew Searle (Jan 2016) and Mr Mark Chitty (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Searle | 70 years | Jan 2016 | - | Director | |
| Mr Mark Chitty | 70 years | Jan 2016 | - | Director |
P&L
December 2023turnover
120.5k
+7%
operating profit
-37.2k
0%
gross margin
71%
+0.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-647.7k
+0.06%
total assets
179.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
simple space ltd company details
company number
08718438
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
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
broadway studios, 20 hammersmith broadway, london, W6 7AF
Bank
-
Legal Advisor
-
simple 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 simple space ltd.
simple 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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simple space ltd Companies House Filings - See Documents
| date | description | view/download |
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