22 spaces management ltd
22 spaces management ltd Company Information
Company Number
09260886
Next Accounts
Feb 2025
Shareholders
simone moscarielo
roberta urbonaviciute
Group 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
devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ
Website
-22 spaces management ltd Estimated Valuation
Pomanda estimates the enterprise value of 22 SPACES MANAGEMENT LTD at £982.6k based on a Turnover of £284.6k and 3.45x industry multiple (adjusted for size and gross margin).
22 spaces management ltd Estimated Valuation
Pomanda estimates the enterprise value of 22 SPACES MANAGEMENT LTD at £19.1k based on an EBITDA of £2.8k and a 6.82x industry multiple (adjusted for size and gross margin).
22 spaces management ltd Estimated Valuation
Pomanda estimates the enterprise value of 22 SPACES MANAGEMENT LTD at £25.6k based on Net Assets of £15k and 1.71x industry multiple (adjusted for liquidity).
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22 Spaces Management Ltd Overview
22 Spaces Management Ltd is a dissolved company that was located in hertfordshire, WD6 1QQ with a Companies House number of 09260886. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2014, it's largest shareholder was simone moscarielo with a 50% stake. The last turnover for 22 Spaces Management Ltd was estimated at £284.6k.
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22 Spaces Management Ltd Health Check
Pomanda's financial health check has awarded 22 Spaces Management Ltd a 3.5 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
2 Strong
4 Regular
3 Weak
Size
annual sales of £284.6k, make it smaller than the average company (£632.8k)
- 22 Spaces Management Ltd
£632.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (2.7%)
- 22 Spaces Management Ltd
2.7% - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- 22 Spaces Management Ltd
72.1% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (40%)
- 22 Spaces Management Ltd
40% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - 22 Spaces Management Ltd
4 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)
- 22 Spaces Management Ltd
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £142.3k, this is equally as efficient (£142.3k)
- 22 Spaces Management Ltd
£142.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 22 Spaces Management Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 22 Spaces Management Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 22 Spaces Management Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (12 weeks)
74 weeks - 22 Spaces Management Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a similar level of debt than the average (65.8%)
61.7% - 22 Spaces Management Ltd
65.8% - Industry AVG
22 SPACES MANAGEMENT LTD financials
22 Spaces Management Ltd's latest turnover from October 2020 is estimated at £284.6 thousand and the company has net assets of £15 thousand. According to their latest financial statements, 22 Spaces Management Ltd has 2 employees and maintains cash reserves of £34.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|
| 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 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 20,118 | 18,610 | 16,865 | 34,315 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 34,445 | 10,380 | 0 | 0 | 0 | 0 |
| misc current assets | 4,561 | 4,896 | 0 | 0 | 3,024 | 0 |
| total current assets | 39,006 | 15,276 | 20,118 | 18,610 | 19,889 | 34,315 |
| total assets | 39,006 | 15,276 | 20,118 | 18,610 | 19,889 | 34,315 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 186 | 0 | 0 | 310 |
| Group/Directors Accounts | 21,588 | 140 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,460 | 2,460 | 0 | 0 | 0 | 0 |
| total current liabilities | 24,048 | 2,600 | 186 | 0 | 0 | 310 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 24,048 | 2,600 | 186 | 0 | 0 | 310 |
| net assets | 14,958 | 12,676 | 19,932 | 18,610 | 19,889 | 34,005 |
| total shareholders funds | 14,958 | 12,676 | 19,932 | 18,610 | 19,889 | 34,005 |
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -20,118 | 1,508 | 1,745 | -17,450 | 34,315 |
| Creditors | 0 | -186 | 186 | 0 | -310 | 310 |
| Accruals and Deferred Income | 0 | 2,460 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 21,448 | 140 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 24,065 | 10,380 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 24,065 | 10,380 | 0 | 0 | 0 | 0 |
22 spaces management ltd Credit Report and Business Information
22 Spaces Management Ltd Competitor Analysis
Perform a competitor analysis for 22 spaces management ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in WD6 area or any other competitors across 12 key performance metrics.
22 spaces management ltd Ownership
22 SPACES MANAGEMENT LTD group structure
22 Spaces Management Ltd has no subsidiary companies.
Ultimate parent company
22 SPACES MANAGEMENT LTD
09260886
22 spaces management ltd directors
22 Spaces Management Ltd currently has 2 directors. The longest serving directors include Mrs Roberta Urbonaviciute (Oct 2014) and Mr Simone Moscariello (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Roberta Urbonaviciute | 41 years | Oct 2014 | - | Director | |
| Mr Simone Moscariello | 43 years | Oct 2014 | - | Director |
P&L
October 2020turnover
284.6k
-8%
operating profit
2.8k
0%
gross margin
72.1%
+3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
15k
+0.18%
total assets
39k
+1.55%
cash
34.4k
+2.32%
net assets
Total assets minus all liabilities
22 spaces management ltd company details
company number
09260886
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 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2020
previous names
N/A
accountant
RATNAM & CO
auditor
-
address
devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ
Bank
-
Legal Advisor
-
22 spaces management 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 22 spaces management ltd.
22 spaces management 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.
Click to start generating capital raising & share issue transactions for 22 SPACES MANAGEMENT LTD. This can take several minutes, an email will notify you when this has completed.
22 spaces management ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
