joseph spence ltd
joseph spence ltd Company Information
Company Number
09739330
Next Accounts
May 2025
Shareholders
the kreitman family settlement
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
10 st. lukes road, london, W11 1DP
Website
-joseph spence ltd Estimated Valuation
Pomanda estimates the enterprise value of JOSEPH SPENCE LTD at £215.6k based on a Turnover of £90.3k and 2.39x industry multiple (adjusted for size and gross margin).
joseph spence ltd Estimated Valuation
Pomanda estimates the enterprise value of JOSEPH SPENCE LTD at £0 based on an EBITDA of £-261 and a 4.67x industry multiple (adjusted for size and gross margin).
joseph spence ltd Estimated Valuation
Pomanda estimates the enterprise value of JOSEPH SPENCE LTD at £19.1k based on Net Assets of £11k and 1.75x industry multiple (adjusted for liquidity).
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Joseph Spence Ltd Overview
Joseph Spence Ltd is a live company located in london, W11 1DP with a Companies House number of 09739330. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2015, it's largest shareholder is the kreitman family settlement with a 100% stake. Joseph Spence Ltd is a established, micro sized company, Pomanda has estimated its turnover at £90.3k with declining growth in recent years.
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Joseph Spence Ltd Health Check
Pomanda's financial health check has awarded Joseph Spence Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £90.3k, make it smaller than the average company (£831k)
- Joseph Spence Ltd
£831k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (2.7%)
- Joseph Spence Ltd
2.7% - Industry AVG
Production
with a gross margin of 30.2%, this company has a higher cost of product (72.7%)
- Joseph Spence Ltd
72.7% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (27.1%)
- Joseph Spence Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Joseph Spence Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Joseph Spence Ltd
£31k - Industry AVG
Efficiency
resulting in sales per employee of £90.3k, this is less efficient (£178.2k)
- Joseph Spence Ltd
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (32 days)
- Joseph Spence Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 964 days, this is slower than average (35 days)
- Joseph Spence Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Joseph Spence Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Joseph Spence Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (67.9%)
93.8% - Joseph Spence Ltd
67.9% - Industry AVG
JOSEPH SPENCE LTD financials
Joseph Spence Ltd's latest turnover from August 2023 is estimated at £90.3 thousand and the company has net assets of £11 thousand. According to their latest financial statements, we estimate that Joseph Spence Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 165,911 | 165,911 | 165,911 | 165,911 | 165,911 | 165,911 | 165,911 | 150,000 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 165,911 | 165,911 | 165,911 | 165,911 | 165,911 | 165,911 | 165,911 | 150,000 |
| Stock & work in progress | ||||||||
| Trade Debtors | 11,785 | 12,018 | 10,758 | 12,146 | 8,975 | 4,912 | 3,809 | 37 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 11,785 | 12,018 | 10,758 | 12,146 | 8,975 | 4,912 | 3,809 | 37 |
| total assets | 177,696 | 177,929 | 176,669 | 178,057 | 174,886 | 170,823 | 169,720 | 150,037 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 166,745 | 166,717 | 166,553 | 167,272 | 167,346 | 166,843 | 167,155 | 150,580 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 166,745 | 166,717 | 166,553 | 167,272 | 167,346 | 166,843 | 167,155 | 150,580 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 166,745 | 166,717 | 166,553 | 167,272 | 167,346 | 166,843 | 167,155 | 150,580 |
| net assets | 10,951 | 11,212 | 10,116 | 10,785 | 7,540 | 3,980 | 2,565 | -543 |
| total shareholders funds | 10,951 | 11,212 | 10,116 | 10,785 | 7,540 | 3,980 | 2,565 | -543 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -233 | 1,260 | -1,388 | 3,171 | 4,063 | 1,103 | 3,772 | 37 |
| Creditors | 28 | 164 | -719 | -74 | 503 | -312 | 16,575 | 150,580 |
| Accruals and Deferred Income | ||||||||
| 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 | ||||||||
| 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 | ||||||||
| overdraft | ||||||||
| change in cash |
joseph spence ltd Credit Report and Business Information
Joseph Spence Ltd Competitor Analysis
Perform a competitor analysis for joseph spence ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W11 area or any other competitors across 12 key performance metrics.
joseph spence ltd Ownership
JOSEPH SPENCE LTD group structure
Joseph Spence Ltd has no subsidiary companies.
Ultimate parent company
JOSEPH SPENCE LTD
09739330
joseph spence ltd directors
Joseph Spence Ltd currently has 2 directors. The longest serving directors include Mr Simon Freeman (Aug 2015) and Ms Julia Kreitman (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Freeman | England | 77 years | Aug 2015 | - | Director |
| Ms Julia Kreitman | 65 years | Aug 2015 | - | Director |
P&L
August 2023turnover
90.3k
-3%
operating profit
-261
0%
gross margin
30.2%
+3.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
11k
-0.02%
total assets
177.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
joseph spence ltd company details
company number
09739330
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
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
10 st. lukes road, london, W11 1DP
Bank
-
Legal Advisor
-
joseph spence 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 joseph spence ltd.
joseph spence 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 JOSEPH SPENCE LTD. This can take several minutes, an email will notify you when this has completed.
joseph spence ltd Companies House Filings - See Documents
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