Pomanda estimates the enterprise value of TECHSPACE LUK LTD at £6.4m based on a Turnover of £1.8m and 3.52x industry multiple (adjusted for size and gross margin).
techspace luk ltdEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of TECHSPACE LUK LTD at £1.6m based on an EBITDA of £232.8k and a 6.88x industry multiple (adjusted for size and gross margin).
techspace luk ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TECHSPACE LUK LTD at £0 based on Net Assets of £-2m and 1.75x industry multiple (adjusted for liquidity).
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Techspace Luk LtdOverview
Techspace Luk Ltd is a live company located in london, EC2A 4DS with a Companies House number of 10605612. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2017, it's largest shareholder is
techspace property group ltd
with a 100% stake. Techspace Luk Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Techspace Luk Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.8m, make it larger than the average company (£918.1k)
£1.8m - Techspace Luk Ltd
£918.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (4.9%)
-39% - Techspace Luk Ltd
4.9% - Industry AVG
Production
with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)
75.5% - Techspace Luk Ltd
75.5% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (29.4%)
-6.8% - Techspace Luk Ltd
29.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Techspace Luk Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
£32.3k - Techspace Luk Ltd
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £453.4k, this is more efficient (£177.7k)
£453.4k - Techspace Luk Ltd
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (30 days)
44 days - Techspace Luk Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 452 days, this is slower than average (38 days)
452 days - Techspace Luk Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Techspace Luk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Techspace Luk Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181.4%, this is a higher level of debt than the average (64.5%)
181.4% - Techspace Luk Ltd
64.5% - Industry AVG
TECHSPACE LUK LTD financials
EXPORT
Techspace Luk Ltd's latest turnover from March 2024 is estimated at £1.8 million and the company has net assets of -£2 million. According to their latest financial statements, Techspace Luk Ltd has 4 employees and maintains cash reserves of £183.9 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
Turnover
1,813,589
621,207
1,359,432
8,026,623
4,487,931
310,422
929,791
152,903
Other Income Or Grants
Cost Of Sales
444,576
156,067
339,304
2,001,504
1,165,916
83,165
233,576
38,822
Gross Profit
1,369,013
465,141
1,020,128
6,025,120
3,322,015
227,257
696,215
114,082
Admin Expenses
1,491,774
-87,979
1,423,973
6,559,789
3,683,269
573,180
1,308,620
110,987
Operating Profit
-122,761
553,120
-403,845
-534,669
-361,254
-345,923
-612,405
3,095
Interest Payable
60,961
178
38,154
36,686
Interest Receivable
14,307
11,847
877
160
148
254
135
Pre-Tax Profit
-169,415
564,789
-402,968
-534,509
-361,106
-345,669
-650,424
-33,591
Tax
-107,310
Profit After Tax
-169,415
457,479
-402,968
-534,509
-361,106
-345,669
-650,424
-33,591
Dividends Paid
Retained Profit
-169,415
457,479
-402,968
-534,509
-361,106
-345,669
-650,424
-33,591
Employee Costs
129,310
121,484
295,886
1,638,375
903,976
81,085
208,739
51,145
Number Of Employees
4
4
10
61
33
3
8
2
EBITDA*
232,760
884,816
-66,023
-207,043
-104,975
-175,819
-494,241
3,095
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
1,130,270
1,374,954
1,529,773
1,771,364
2,061,568
1,590,627
1,262,380
298,409
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
483,940
483,940
379,087
274,234
595,364
618,150
642,260
Total Fixed Assets
1,614,210
1,858,894
1,908,860
2,045,598
2,656,932
2,208,777
1,262,380
940,669
Stock & work in progress
Trade Debtors
222,898
34,802
1,037,828
519,470
Group Debtors
35
Misc Debtors
486,350
509,047
627,063
358,791
1,210,023
298,954
Cash
183,856
361,163
196,330
37,542
281,506
13,796
53,831
misc current assets
481,695
3,927
total current assets
893,139
905,012
823,393
1,075,370
800,976
372,587
1,745,549
302,881
total assets
2,507,349
2,763,906
2,732,253
3,120,968
3,457,908
2,581,364
3,007,929
1,243,550
Bank overdraft
3,474
3,474
Bank loan
Trade Creditors
551,170
451,037
608,980
694,222
241,884
122,592
393,483
71,523
Group/Directors Accounts
1,322,924
2,106,872
2,618,693
3,074,403
1,864,307
other short term finances
hp & lease commitments
other current liabilities
1,988,965
2,044,479
1,491,115
810,025
964,546
1,153,960
2,733,683
total current liabilities
2,543,609
3,821,914
4,206,967
4,122,940
4,280,833
3,140,859
3,127,166
71,523
loans
1,076,799
1,173,954
hp & lease commitments
Accruals and Deferred Income
other liabilities
893,472
812,779
853,552
923,326
567,864
470,188
564,777
31,663
provisions
33,671
total long term liabilities
2,003,942
812,779
853,552
923,326
567,864
470,188
564,777
1,205,617
total liabilities
4,547,551
4,634,693
5,060,519
5,046,266
4,848,697
3,611,047
3,691,943
1,277,140
net assets
-2,040,202
-1,870,787
-2,328,266
-1,925,298
-1,390,789
-1,029,683
-684,014
-33,590
total shareholders funds
-2,040,202
-1,870,787
-2,328,266
-1,925,298
-1,390,789
-1,029,683
-684,014
-33,590
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
-122,761
553,120
-403,845
-534,669
-361,254
-345,923
-612,405
3,095
Depreciation
355,521
331,696
337,822
327,626
256,279
170,104
118,164
Amortisation
Tax
-107,310
Stock
Debtors
165,434
21,639
-305,912
197,228
137,893
-233,082
268,809
941,214
Creditors
100,133
-157,943
-85,242
452,338
119,292
-270,891
321,960
71,523
Accruals and Deferred Income
-55,514
553,364
681,090
-154,521
-189,414
-1,579,723
2,733,683
Deferred Taxes & Provisions
33,671
Cash flow from operations
145,616
1,151,288
835,737
-106,454
-312,990
-1,793,351
2,292,593
-866,596
Investing Activities
capital expenditure
-110,837
-176,877
-96,231
-37,422
-727,220
-498,351
-1,082,135
-298,409
Change in Investments
cash flow from investments
-110,837
-176,877
-96,231
-37,422
-727,220
-498,351
-1,082,135
-298,409
Financing Activities
Bank loans
Group/Directors Accounts
-1,322,924
-783,948
-511,821
-455,710
1,210,096
1,864,307
Other Short Term Loans
Long term loans
1,076,799
-1,173,954
1,173,954
Hire Purchase and Lease Commitments
other long term liabilities
80,693
-40,773
-69,774
355,462
97,676
-94,589
533,114
31,663
share issue
1
interest
-46,654
11,669
877
160
148
254
-38,019
-36,686
cash flow from financing
-212,086
-813,052
-580,718
-100,088
1,307,920
1,769,972
-678,859
1,168,932
cash and cash equivalents
cash
-177,307
164,833
158,788
-243,964
267,710
-40,035
53,831
overdraft
3,474
change in cash
-177,307
161,359
158,788
-243,964
267,710
-40,035
53,831
techspace luk 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 techspace luk ltd. Get real-time insights into techspace luk ltd's credit score, group structure and payment trends.
Perform a competitor analysis for techspace luk ltd 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.
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 2017
age
8
incorporated
UK
ultimate parent company
TSCW INVESTING LP
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
MENZIES
auditor
-
address
25 luke street, london, EC2A 4DS
Bank
-
Legal Advisor
-
techspace luk 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 found 5 charges/mortgages relating to techspace luk ltd. Currently there are 0 open charges and 5 have been satisfied in the past.
techspace luk 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 TECHSPACE LUK LTD. This can take several minutes, an email will notify you when this has completed.
techspace luk ltdCompanies House Filings - See Documents
