mynext.space ltd
mynext.space ltd Company Information
Company Number
10786340
Website
www.mynext.spaceRegistered Address
trident business centre, 89 bickersteth road, london, SW17 9SH
Industry
Management of real estate on a fee or contract basis
Telephone
443330065555
Next Accounts Due
70 days late
Group Structure
View All
Shareholders
haroon javied siddique 50%
omar farukh haque 50%
mynext.space ltd Estimated Valuation
Pomanda estimates the enterprise value of MYNEXT.SPACE LTD at £191.4k based on a Turnover of £182.7k and 1.05x industry multiple (adjusted for size and gross margin).
mynext.space ltd Estimated Valuation
Pomanda estimates the enterprise value of MYNEXT.SPACE LTD at £0 based on an EBITDA of £-37k and a 3.87x industry multiple (adjusted for size and gross margin).
mynext.space ltd Estimated Valuation
Pomanda estimates the enterprise value of MYNEXT.SPACE LTD at £0 based on Net Assets of £-152.9k and 1.85x industry multiple (adjusted for liquidity).
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Mynext.space Ltd Overview
Mynext.space Ltd is a live company located in london, SW17 9SH with a Companies House number of 10786340. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in May 2017, it's largest shareholder is haroon javied siddique with a 50% stake. Mynext.space Ltd is a young, micro sized company, Pomanda has estimated its turnover at £182.7k with low growth in recent years.
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Mynext.space Ltd Health Check
Pomanda's financial health check has awarded Mynext.Space Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £182.7k, make it smaller than the average company (£905.9k)
- Mynext.space Ltd
£905.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (2%)
- Mynext.space Ltd
2% - Industry AVG
Production
with a gross margin of 13%, this company has a higher cost of product (49.9%)
- Mynext.space Ltd
49.9% - Industry AVG
Profitability
an operating margin of -20.2% make it less profitable than the average company (9.8%)
- Mynext.space Ltd
9.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (9)
3 - Mynext.space Ltd
9 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Mynext.space Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £60.9k, this is less efficient (£88.1k)
- Mynext.space Ltd
£88.1k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (35 days)
- Mynext.space Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 324 days, this is slower than average (32 days)
- Mynext.space Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mynext.space Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mynext.space Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 572%, this is a higher level of debt than the average (84.4%)
572% - Mynext.space Ltd
84.4% - Industry AVG
mynext.space ltd Credit Report and Business Information
Mynext.space Ltd Competitor Analysis
Perform a competitor analysis for mynext.space ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mynext.space ltd Ownership
MYNEXT.SPACE LTD group structure
Mynext.Space Ltd has no subsidiary companies.
Ultimate parent company
MYNEXT.SPACE LTD
10786340
mynext.space ltd directors
Mynext.Space Ltd currently has 2 directors. The longest serving directors include Mr Haroon Siddique (May 2017) and Mr Omar Haque (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Haroon Siddique | England | 40 years | May 2017 | - | Director |
| Mr Omar Haque | England | 39 years | Jun 2017 | - | Director |
MYNEXT.SPACE LTD financials
Mynext.Space Ltd's latest turnover from May 2022 is estimated at £182.7 thousand and the company has net assets of -£152.9 thousand. According to their latest financial statements, Mynext.Space Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | Jun 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 | 3 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 2,186 | 4,369 | 7,020 | 9,671 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 2,186 | 4,369 | 7,020 | 9,671 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 32,384 | 36,464 | 23,524 | 27,977 | 25,056 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,384 | 36,464 | 23,524 | 27,977 | 25,056 | 0 |
| total assets | 32,384 | 38,650 | 27,893 | 34,997 | 34,727 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 141,428 | 104,549 | 89,370 | 84,025 | 71,307 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 141,428 | 104,549 | 89,370 | 84,025 | 71,307 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 43,813 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,813 | 50,000 | 0 | 0 | 0 | 0 |
| total liabilities | 185,241 | 154,549 | 89,370 | 84,025 | 71,307 | 0 |
| net assets | -152,857 | -115,899 | -61,477 | -49,028 | -36,580 | 0 |
| total shareholders funds | -152,857 | -115,899 | -61,477 | -49,028 | -36,580 | 0 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | |||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,080 | 12,940 | -4,453 | 2,921 | 25,056 | 0 |
| Creditors | 36,879 | 15,179 | 5,345 | 12,718 | 71,307 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,187 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
May 2022turnover
182.7k
-4%
operating profit
-37k
0%
gross margin
13%
+55.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-152.9k
+0.32%
total assets
32.4k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
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mynext.space ltd company details
company number
10786340
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
May 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
trident business centre, 89 bickersteth road, london, SW17 9SH
last accounts submitted
May 2022
mynext.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 mynext.space ltd.
mynext.space ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
