space asset services limited
space asset services limited Company Information
Company Number
10618850
Next Accounts
Jan 2026
Shareholders
tim edghill
michael dwan
Group Structure
View All
Industry
Development of building projects
+1Registered Address
building 1000 kings reach, yew street, stockport, cheshire, SK4 2HD
Website
spaceteam.co.ukspace asset services limited Estimated Valuation
Pomanda estimates the enterprise value of SPACE ASSET SERVICES LIMITED at £77.4m based on a Turnover of £34.8m and 2.22x industry multiple (adjusted for size and gross margin).
space asset services limited Estimated Valuation
Pomanda estimates the enterprise value of SPACE ASSET SERVICES LIMITED at £0 based on an EBITDA of £-295.1k and a 6.51x industry multiple (adjusted for size and gross margin).
space asset services limited Estimated Valuation
Pomanda estimates the enterprise value of SPACE ASSET SERVICES LIMITED at £0 based on Net Assets of £-774.3k and 1.49x industry multiple (adjusted for liquidity).
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Space Asset Services Limited Overview
Space Asset Services Limited is a live company located in stockport, SK4 2HD with a Companies House number of 10618850. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2017, it's largest shareholder is tim edghill with a 50% stake. Space Asset Services Limited is a young, large sized company, Pomanda has estimated its turnover at £34.8m with rapid growth in recent years.
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Space Asset Services Limited Health Check
Pomanda's financial health check has awarded Space Asset Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £34.8m, make it larger than the average company (£1.5m)
- Space Asset Services Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (5.1%)
- Space Asset Services Limited
5.1% - Industry AVG
Production
with a gross margin of 17.9%, this company has a higher cost of product (48.5%)
- Space Asset Services Limited
48.5% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (17%)
- Space Asset Services Limited
17% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Space Asset Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Space Asset Services Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £34.8m, this is more efficient (£226.2k)
- Space Asset Services Limited
£226.2k - Industry AVG
Debtor Days
it gets paid by customers after 142 days, this is later than average (27 days)
- Space Asset Services Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (33 days)
- Space Asset Services Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Space Asset Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Space Asset Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.6%, this is a higher level of debt than the average (68.5%)
105.6% - Space Asset Services Limited
68.5% - Industry AVG
SPACE ASSET SERVICES LIMITED financials
Space Asset Services Limited's latest turnover from April 2024 is estimated at £34.8 million and the company has net assets of -£774.3 thousand. According to their latest financial statements, Space Asset Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 245,420 | 274,195 | 274,195 | 274,195 | 244,195 | ||
| Intangible Assets | |||||||
| Investments & Other | 200 | 200 | 200 | 200 | |||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 245,420 | 274,195 | 274,195 | 274,395 | 244,395 | 200 | 200 |
| Stock & work in progress | |||||||
| Trade Debtors | 13,614,085 | 3,007,138 | 3,221,186 | 3,413,162 | 1,303,274 | 332,930 | |
| Group Debtors | |||||||
| Misc Debtors | 561 | 29,718 | 1,351 | ||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 13,614,085 | 3,007,699 | 3,250,904 | 3,414,513 | 1,303,274 | 332,930 | |
| total assets | 13,859,505 | 3,281,894 | 3,525,099 | 3,688,908 | 1,547,669 | 333,130 | 200 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 12,889,398 | 742,954 | 630,855 | 583,088 | 45,450 | 331,493 | |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 12,889,398 | 742,954 | 630,855 | 583,088 | 45,450 | 331,493 | |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 24,413 | 43,517 | 56,991 | 52,229 | |||
| other liabilities | 1,720,000 | 2,974,599 | 3,049,599 | 3,049,599 | 1,500,000 | ||
| provisions | |||||||
| total long term liabilities | 1,744,413 | 3,018,116 | 3,106,590 | 3,101,828 | 1,500,000 | ||
| total liabilities | 14,633,811 | 3,761,070 | 3,737,445 | 3,684,916 | 1,545,450 | 331,493 | |
| net assets | -774,306 | -479,176 | -212,346 | 3,992 | 2,219 | 1,637 | 200 |
| total shareholders funds | -774,306 | -479,176 | -212,346 | 3,992 | 2,219 | 1,637 | 200 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 10,606,386 | -243,205 | -163,609 | 2,111,239 | 970,344 | 332,930 | |
| Creditors | 12,146,444 | 112,099 | 47,767 | 537,638 | -286,043 | 331,493 | |
| Accruals and Deferred Income | -19,104 | -13,474 | 4,762 | 52,229 | |||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -200 | 200 | |||||
| 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 | -1,254,599 | -75,000 | 1,549,599 | 1,500,000 | |||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
space asset services limited Credit Report and Business Information
Space Asset Services Limited Competitor Analysis
Perform a competitor analysis for space asset services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SK4 area or any other competitors across 12 key performance metrics.
space asset services limited Ownership
SPACE ASSET SERVICES LIMITED group structure
Space Asset Services Limited has 1 subsidiary company.
Ultimate parent company
SPACE ASSET SERVICES LIMITED
10618850
1 subsidiary
space asset services limited directors
Space Asset Services Limited currently has 2 directors. The longest serving directors include Mr Michael Dwan (Feb 2017) and Mr Timothy Edghill (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Dwan | United Kingdom | 65 years | Feb 2017 | - | Director |
| Mr Timothy Edghill | United Kingdom | 58 years | Mar 2018 | - | Director |
P&L
April 2024turnover
34.8m
+326%
operating profit
-295.1k
0%
gross margin
18%
-1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-774.3k
+0.62%
total assets
13.9m
+3.22%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
space asset services limited company details
company number
10618850
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68100 - Buying and selling of own real estate
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
building 1000 kings reach, yew street, stockport, cheshire, SK4 2HD
Bank
-
Legal Advisor
-
space asset services 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 did not find charges/mortgages relating to space asset services limited.
space asset services 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.
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space asset services limited Companies House Filings - See Documents
| date | description | view/download |
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