techspace lem limited
techspace lem limited Company Information
Company Number
10003912
Next Accounts
Dec 2025
Shareholders
techspace group limited
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
25 luke street, london, EC2A 4DS
Website
https://www.techspace.cotechspace lem limited Estimated Valuation
Pomanda estimates the enterprise value of TECHSPACE LEM LIMITED at £4.6m based on a Turnover of £1.3m and 3.46x industry multiple (adjusted for size and gross margin).
techspace lem limited Estimated Valuation
Pomanda estimates the enterprise value of TECHSPACE LEM LIMITED at £1.8m based on an EBITDA of £259.1k and a 6.77x industry multiple (adjusted for size and gross margin).
techspace lem limited Estimated Valuation
Pomanda estimates the enterprise value of TECHSPACE LEM LIMITED at £0 based on Net Assets of £-1.1m and 1.75x industry multiple (adjusted for liquidity).
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Techspace Lem Limited Overview
Techspace Lem Limited is a live company located in london, EC2A 4DS with a Companies House number of 10003912. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2016, it's largest shareholder is techspace group limited with a 100% stake. Techspace Lem Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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Techspace Lem Limited Health Check
Pomanda's financial health check has awarded Techspace Lem Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.3m, make it larger than the average company (£920.2k)
- Techspace Lem Limited
£920.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (4.9%)
- Techspace Lem Limited
4.9% - Industry AVG
Production
with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)
- Techspace Lem Limited
75.3% - Industry AVG
Profitability
an operating margin of 16.8% make it less profitable than the average company (29.4%)
- Techspace Lem Limited
29.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Techspace Lem Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Techspace Lem Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £329.2k, this is more efficient (£177.7k)
- Techspace Lem Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (30 days)
- Techspace Lem Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 151 days, this is slower than average (38 days)
- Techspace Lem Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Techspace Lem Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (11 weeks)
12 weeks - Techspace Lem Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 324.1%, this is a higher level of debt than the average (64.5%)
324.1% - Techspace Lem Limited
64.5% - Industry AVG
TECHSPACE LEM LIMITED financials
Techspace Lem Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of -£1.1 million. According to their latest financial statements, Techspace Lem Limited has 4 employees and maintains cash reserves of £139.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 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 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 121,345 | 99,211 | 40,861 | 44,654 | 258,624 | 443,728 | 661,353 | 802,737 | 32,815 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 1,800 | 182,100 | 182,100 | 182,100 | 182,100 | 182,100 | |||
| Total Fixed Assets | 121,345 | 99,211 | 42,661 | 44,654 | 440,724 | 625,828 | 843,453 | 984,837 | 214,915 |
| Stock & work in progress | |||||||||
| Trade Debtors | 174,100 | 32,767 | 67,613 | 81,482 | 283,626 | 11,152 | |||
| Group Debtors | |||||||||
| Misc Debtors | 77,728 | 203,553 | 158,104 | 318,452 | 234,646 | ||||
| Cash | 139,115 | 169,150 | 108,913 | 38,254 | 169,324 | 4,022 | 169,059 | 75,044 | |
| misc current assets | |||||||||
| total current assets | 390,943 | 405,470 | 267,017 | 105,867 | 250,806 | 287,648 | 487,511 | 309,690 | 11,152 |
| total assets | 512,288 | 504,681 | 309,678 | 150,521 | 691,530 | 913,476 | 1,330,964 | 1,294,527 | 226,067 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 134,674 | 47,083 | 68,458 | 75,510 | 50,097 | 23,120 | 44,564 | 34,322 | 982 |
| Group/Directors Accounts | 1,279,974 | 1,057,750 | 460,871 | 436,495 | 743,528 | 225,084 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 452,185 | 382,843 | 269,073 | 163,338 | 522,314 | 877,490 | 1,121,512 | 654,719 | |
| total current liabilities | 586,859 | 1,709,900 | 1,395,281 | 699,719 | 1,008,906 | 900,610 | 1,166,076 | 1,432,569 | 226,066 |
| loans | 904,132 | 351 | |||||||
| hp & lease commitments | 1,663 | ||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 167,520 | 76,800 | 33,723 | 101,167 | 168,611 | ||||
| provisions | 2,000 | ||||||||
| total long term liabilities | 1,073,652 | 77,151 | 33,723 | 101,167 | 168,611 | 1,663 | |||
| total liabilities | 1,660,511 | 1,787,051 | 1,395,281 | 699,719 | 1,008,906 | 934,333 | 1,267,243 | 1,601,180 | 227,729 |
| net assets | -1,148,223 | -1,282,370 | -1,085,603 | -549,198 | -317,376 | -20,857 | 63,721 | -306,653 | -1,662 |
| total shareholders funds | -1,148,223 | -1,282,370 | -1,085,603 | -549,198 | -317,376 | -20,857 | 63,721 | -306,653 | -1,662 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 37,463 | 18,914 | 12,505 | 202,606 | 293,655 | 293,994 | 258,423 | 121,963 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 15,508 | 76,416 | 92,291 | -195,969 | -202,144 | -34,826 | 83,806 | 223,494 | 193,252 |
| Creditors | 87,591 | -21,375 | -7,052 | 25,413 | 26,977 | -21,444 | 10,242 | 33,340 | 982 |
| Accruals and Deferred Income | 69,342 | 113,770 | 105,735 | -358,976 | -355,176 | -244,022 | 466,793 | 654,719 | |
| Deferred Taxes & Provisions | 2,000 | ||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -1,279,974 | 222,224 | 596,879 | 24,376 | 436,495 | -743,528 | 518,444 | 225,084 | |
| Other Short Term Loans | |||||||||
| Long term loans | 903,781 | 351 | |||||||
| Hire Purchase and Lease Commitments | -1,663 | 1,663 | |||||||
| other long term liabilities | 90,720 | 76,800 | -33,723 | -67,444 | -67,444 | 168,611 | |||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -30,035 | 60,237 | 70,659 | -131,070 | 165,302 | -165,037 | 94,015 | 75,044 | |
| overdraft | |||||||||
| change in cash | -30,035 | 60,237 | 70,659 | -131,070 | 165,302 | -165,037 | 94,015 | 75,044 |
techspace lem limited Credit Report and Business Information
Techspace Lem Limited Competitor Analysis
Perform a competitor analysis for techspace lem limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
techspace lem limited Ownership
TECHSPACE LEM LIMITED group structure
Techspace Lem Limited has no subsidiary companies.
Ultimate parent company
TSCW INVESTING LP
#0166376
2 parents
TECHSPACE LEM LIMITED
10003912
techspace lem limited directors
Techspace Lem Limited currently has 4 directors. The longest serving directors include Mr Alexander Rabarts (Feb 2016) and Mr Robert Stevenson (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Rabarts | England | 45 years | Feb 2016 | - | Director |
| Mr Robert Stevenson | England | 40 years | Jun 2019 | - | Director |
| Mr Jonathan Bevan | United Kingdom | 53 years | Jun 2020 | - | Director |
| Mr Damien Ponweera | England | 36 years | Mar 2022 | - | Director |
P&L
March 2024turnover
1.3m
+228%
operating profit
221.6k
0%
gross margin
75.4%
+0.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.1m
-0.1%
total assets
512.3k
+0.02%
cash
139.1k
-0.18%
net assets
Total assets minus all liabilities
techspace lem limited company details
company number
10003912
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
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
25 luke street, london, EC2A 4DS
Bank
-
Legal Advisor
-
techspace lem limited 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 found 3 charges/mortgages relating to techspace lem limited. Currently there are 0 open charges and 3 have been satisfied in the past.
techspace lem limited 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 TECHSPACE LEM LIMITED. This can take several minutes, an email will notify you when this has completed.
techspace lem limited Companies House Filings - See Documents
| date | description | view/download |
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