spiraspaces ltd
spiraspaces ltd Company Information
Company Number
10006851
Next Accounts
Nov 2025
Shareholders
steven hodgson
kenneth kennedy
View AllGroup Structure
View All
Industry
Licensed restaurants
Registered Address
c/o pierrepont, millfields house, huddersfield road, holmfirth, HD9 3JL
Website
-spiraspaces ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRASPACES LTD at £96.3k based on a Turnover of £175.8k and 0.55x industry multiple (adjusted for size and gross margin).
spiraspaces ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRASPACES LTD at £0 based on an EBITDA of £-2.3k and a 3.53x industry multiple (adjusted for size and gross margin).
spiraspaces ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRASPACES LTD at £0 based on Net Assets of £-142.7k and 2.5x industry multiple (adjusted for liquidity).
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Spiraspaces Ltd Overview
Spiraspaces Ltd is a live company located in holmfirth, HD9 3JL with a Companies House number of 10006851. It operates in the licenced restaurants sector, SIC Code 56101. Founded in February 2016, it's largest shareholder is steven hodgson with a 45% stake. Spiraspaces Ltd is a young, micro sized company, Pomanda has estimated its turnover at £175.8k with declining growth in recent years.
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Spiraspaces Ltd Health Check
Pomanda's financial health check has awarded Spiraspaces Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £175.8k, make it smaller than the average company (£1.7m)
- Spiraspaces Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (16.6%)
- Spiraspaces Ltd
16.6% - Industry AVG
Production
with a gross margin of 37.1%, this company has a higher cost of product (57.9%)
- Spiraspaces Ltd
57.9% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (2.8%)
- Spiraspaces Ltd
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (36)
3 - Spiraspaces Ltd
36 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
- Spiraspaces Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £58.6k, this is equally as efficient (£55.5k)
- Spiraspaces Ltd
£55.5k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (5 days)
- Spiraspaces Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 521 days, this is slower than average (45 days)
- Spiraspaces Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spiraspaces Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spiraspaces Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1017.1%, this is a higher level of debt than the average (82.9%)
1017.1% - Spiraspaces Ltd
82.9% - Industry AVG
SPIRASPACES LTD financials
Spiraspaces Ltd's latest turnover from February 2024 is estimated at £175.8 thousand and the company has net assets of -£142.7 thousand. According to their latest financial statements, Spiraspaces Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 4 | 3 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,215 | 4,286 | 5,715 | 6,187 | 7,636 | 5,735 | 7,229 | |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 3,215 | 4,286 | 5,715 | 6,187 | 7,636 | 5,735 | 7,229 | |
| Stock & work in progress | ||||||||
| Trade Debtors | 12,348 | 1,317 | 9,960 | 24,381 | 5,376 | 5,850 | 9,739 | 100 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 12,348 | 1,317 | 9,960 | 24,381 | 5,376 | 5,850 | 9,739 | 100 |
| total assets | 15,563 | 5,603 | 15,675 | 30,568 | 13,012 | 11,585 | 16,968 | 100 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 158,041 | 144,604 | 131,307 | 122,983 | 123,584 | 86,799 | 53,018 | |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 158,041 | 144,604 | 131,307 | 122,983 | 123,584 | 86,799 | 53,018 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 250 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | |
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 250 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | |
| total liabilities | 158,291 | 146,004 | 132,707 | 124,383 | 124,984 | 88,199 | 54,418 | |
| net assets | -142,728 | -140,401 | -117,032 | -93,815 | -111,972 | -76,614 | -37,450 | 100 |
| total shareholders funds | -142,728 | -140,401 | -117,032 | -93,815 | -111,972 | -76,614 | -37,450 | 100 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 11,031 | -8,643 | -14,421 | 19,005 | -474 | -3,889 | 9,639 | 100 |
| Creditors | 13,437 | 13,297 | 8,324 | -601 | 36,785 | 33,781 | 53,018 | |
| Accruals and Deferred Income | -1,150 | 1,400 | ||||||
| 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 |
spiraspaces ltd Credit Report and Business Information
Spiraspaces Ltd Competitor Analysis
Perform a competitor analysis for spiraspaces ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in HD9 area or any other competitors across 12 key performance metrics.
spiraspaces ltd Ownership
SPIRASPACES LTD group structure
Spiraspaces Ltd has no subsidiary companies.
Ultimate parent company
SPIRASPACES LTD
10006851
spiraspaces ltd directors
Spiraspaces Ltd currently has 2 directors. The longest serving directors include Mr Kenneth Kennedy (Jan 2024) and Mr Michael Acton (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth Kennedy | England | 52 years | Jan 2024 | - | Director |
| Mr Michael Acton | England | 35 years | Jan 2024 | - | Director |
P&L
February 2024turnover
175.8k
+72%
operating profit
-2.3k
0%
gross margin
37.1%
+1.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-142.7k
+0.02%
total assets
15.6k
+1.78%
cash
0
0%
net assets
Total assets minus all liabilities
spiraspaces ltd company details
company number
10006851
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
c/o pierrepont, millfields house, huddersfield road, holmfirth, HD9 3JL
Bank
-
Legal Advisor
-
spiraspaces 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 spiraspaces ltd.
spiraspaces 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 SPIRASPACES LTD. This can take several minutes, an email will notify you when this has completed.
spiraspaces ltd Companies House Filings - See Documents
| date | description | view/download |
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