Pomanda estimates the enterprise value of REAL SPACE LTD at £200.8k based on a Turnover of £263.9k and 0.76x industry multiple (adjusted for size and gross margin).
real space ltdEstimated Valuation
£380k
Pomanda estimates the enterprise value of REAL SPACE LTD at £380k based on an EBITDA of £76.1k and a 4.99x industry multiple (adjusted for size and gross margin).
real space ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of REAL SPACE LTD at £0 based on Net Assets of £-5.4k and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Real Space LtdOverview
Real Space Ltd is a live company located in wirral, CH47 4BB with a Companies House number of 10144465. It operates in the manufacture of optical precision instruments sector, SIC Code 26701. Founded in April 2016, it's largest shareholder is
robert black
with a 71.4% stake. Real Space Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£263.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Real Space Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £263.9k, make it smaller than the average company (£6.1m)
£263.9k - Real Space Ltd
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (5.3%)
40% - Real Space Ltd
5.3% - Industry AVG
Production
with a gross margin of 46.5%, this company has a comparable cost of product (46.5%)
46.5% - Real Space Ltd
46.5% - Industry AVG
Profitability
an operating margin of 28.8% make it more profitable than the average company (6.5%)
28.8% - Real Space Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (39)
2 - Real Space Ltd
39 - Industry AVG
Pay Structure
on an average salary of £54.1k, the company has an equivalent pay structure (£54.1k)
£54.1k - Real Space Ltd
£54.1k - Industry AVG
Efficiency
resulting in sales per employee of £132k, this is equally as efficient (£132k)
£132k - Real Space Ltd
£132k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Real Space Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Real Space Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Real Space Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is less cash available to meet short term requirements (25 weeks)
16 weeks - Real Space Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 127.1%, this is a higher level of debt than the average (47.4%)
127.1% - Real Space Ltd
47.4% - Industry AVG
REAL SPACE LTD financials
EXPORT
Real Space Ltd's latest turnover from October 2023 is estimated at £263.9 thousand and the company has net assets of -£5.4 thousand. According to their latest financial statements, Real Space Ltd has 2 employees and maintains cash reserves of £7.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Jan 2019
Jan 2018
Apr 2017
Turnover
263,909
193,682
188,719
96,131
217,945
396,511
104,091
44,520
Other Income Or Grants
Cost Of Sales
141,298
110,434
105,151
55,901
115,209
205,731
56,894
25,059
Gross Profit
122,611
83,248
83,568
40,231
102,736
190,779
47,197
19,462
Admin Expenses
46,541
46,615
83,439
74,684
215,081
232,236
120,133
50,505
Operating Profit
76,070
36,633
129
-34,453
-112,345
-41,457
-72,936
-31,043
Interest Payable
Interest Receivable
431
97
7
122
75
53
2
Pre-Tax Profit
76,501
36,731
130
-34,446
-112,223
-41,382
-72,883
-31,041
Tax
-19,125
-6,979
-25
Profit After Tax
57,376
29,752
105
-34,446
-112,223
-41,382
-72,883
-31,041
Dividends Paid
Retained Profit
57,376
29,752
105
-34,446
-112,223
-41,382
-72,883
-31,041
Employee Costs
108,196
99,993
99,434
49,396
98,356
194,706
46,265
44,262
Number Of Employees
2
2
2
1
2
4
1
1
EBITDA*
76,143
36,905
2,691
-21,937
-103,006
-33,585
-63,774
-22,434
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Jan 2019
Jan 2018
Apr 2017
Tangible Assets
1
74
346
2,908
15,168
24,324
31,092
25,828
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1
74
346
2,908
15,168
24,324
31,092
25,828
Stock & work in progress
Trade Debtors
15,456
Group Debtors
Misc Debtors
162
362
8,526
8,721
2,590
Cash
7,761
8,652
10
901
12,581
74
20,017
1,349
misc current assets
12,000
total current assets
19,761
8,652
172
1,263
12,581
8,600
44,194
3,939
total assets
19,762
8,726
518
4,171
27,749
32,924
75,286
29,767
Bank overdraft
Bank loan
Trade Creditors
450
30
8
140
262
1,641
7,818
Group/Directors Accounts
25,122
71,012
92,616
84,662
74,096
68,814
68,531
51,990
other short term finances
hp & lease commitments
other current liabilities
360
12,094
11,660
1,154
1,038
total current liabilities
25,122
71,462
93,006
96,764
85,896
70,230
71,210
59,808
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
25,122
71,462
93,006
96,764
85,896
70,230
71,210
59,808
net assets
-5,360
-62,736
-92,488
-92,593
-58,147
-37,306
4,076
-30,041
total shareholders funds
-5,360
-62,736
-92,488
-92,593
-58,147
-37,306
4,076
-30,041
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Jan 2019
Jan 2018
Apr 2017
Operating Activities
Operating Profit
76,070
36,633
129
-34,453
-112,345
-41,457
-72,936
-31,043
Depreciation
73
272
2,562
12,516
9,339
7,872
9,162
8,609
Amortisation
Tax
-19,125
-6,979
-25
Stock
Debtors
-162
-200
362
-24,177
-15,651
21,587
2,590
Creditors
-450
420
22
-132
-1,501
-1,379
-6,177
7,818
Accruals and Deferred Income
-360
-11,734
434
10,622
116
1,038
Deferred Taxes & Provisions
Cash flow from operations
56,568
30,148
-8,846
-21,997
-69,708
-19,197
-90,500
-17,206
Investing Activities
capital expenditure
-256
6,585
-1,104
-14,426
-34,437
Change in Investments
cash flow from investments
-256
6,585
-1,104
-14,426
-34,437
Financing Activities
Bank loans
Group/Directors Accounts
-45,890
-21,604
7,954
10,566
5,565
283
16,541
51,990
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
50,000
107,000
1,000
interest
431
97
7
122
75
53
2
cash flow from financing
-45,459
-21,507
7,954
10,573
55,687
358
123,594
52,992
cash and cash equivalents
cash
-891
8,642
-891
-11,680
-7,436
-19,943
18,668
1,349
overdraft
change in cash
-891
8,642
-891
-11,680
-7,436
-19,943
18,668
1,349
real space ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for real space ltd. Get real-time insights into real space ltd's credit score, group structure and payment trends.
Perform a competitor analysis for real space ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in CH47 area or any other competitors across 12 key performance metrics.
real space ltd Ownership
REAL SPACE LTD group structure
Real Space Ltd has no subsidiary companies.
Ultimate parent company
REAL SPACE LTD
10144465
REAL SPACE LTD Shareholders
The largest shareholders in Real Space Ltd include Robert Black and Reyker.
robert black
71.43%
reyker
23.81%
michael verity
4.76%
real space ltd directors
Real Space Ltd currently has 2 directors.
The longest serving directors include
Dr Robert Black (Apr 2016) and
Dr Savvas Neophytou (May 2018).
26701 - Manufacture of optical precision instruments
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
12 proctor road, hoylake, wirral, CH47 4BB
Bank
-
Legal Advisor
-
real 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 real space ltd.
real 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.
Click to start generating capital raising & share issue transactions for REAL SPACE LTD. This can take several minutes, an email will notify you when this has completed.
real space ltdCompanies House Filings - See Documents
