space republic limited
space republic limited Company Information
Company Number
11074558
Website
spacerepublic.comRegistered Address
finsbury business centre unit 2, 40 bowling green lane, london, EC1R 0NE
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Telephone
-
Next Accounts Due
75 days late
Group Structure
View All
Shareholders
luke james aviet 67.9%
greig fensome 18.3%
View Allspace republic limited Estimated Valuation
Pomanda estimates the enterprise value of SPACE REPUBLIC LIMITED at £126.4k based on a Turnover of £335.8k and 0.38x industry multiple (adjusted for size and gross margin).
space republic limited Estimated Valuation
Pomanda estimates the enterprise value of SPACE REPUBLIC LIMITED at £0 based on an EBITDA of £-67.9k and a 4.05x industry multiple (adjusted for size and gross margin).
space republic limited Estimated Valuation
Pomanda estimates the enterprise value of SPACE REPUBLIC LIMITED at £0 based on Net Assets of £-604.5k and 2.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Space Republic Limited Overview
Space Republic Limited is a live company located in london, EC1R 0NE with a Companies House number of 11074558. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in November 2017, it's largest shareholder is luke james aviet with a 67.9% stake. Space Republic Limited is a young, micro sized company, Pomanda has estimated its turnover at £335.8k with high growth in recent years.
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Space Republic Limited Health Check
Pomanda's financial health check has awarded Space Republic Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £335.8k, make it smaller than the average company (£1.8m)
- Space Republic Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (3.8%)
- Space Republic Limited
3.8% - Industry AVG
Production
with a gross margin of 41.2%, this company has a comparable cost of product (41.2%)
- Space Republic Limited
41.2% - Industry AVG
Profitability
an operating margin of -20.3% make it less profitable than the average company (4.3%)
- Space Republic Limited
4.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (18)
3 - Space Republic Limited
18 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Space Republic Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £111.9k, this is less efficient (£150.5k)
- Space Republic Limited
£150.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Space Republic Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (42 days)
- Space Republic Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Space Republic Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (19 weeks)
14 weeks - Space Republic Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4551.4%, this is a higher level of debt than the average (66.8%)
4551.4% - Space Republic Limited
66.8% - Industry AVG
SPACE REPUBLIC LIMITED financials
Space Republic Limited's latest turnover from October 2022 is estimated at £335.8 thousand and the company has net assets of -£604.5 thousand. According to their latest financial statements, Space Republic Limited has 3 employees and maintains cash reserves of £13.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 3 | 3 | 3 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 101 | 390 | 822 | 1,786 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 101 | 390 | 822 | 1,786 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 10,350 | 0 | 1,200 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,409 | 8,309 | 9,668 |
| Cash | 13,479 | 3,815 | 19,180 | 5,245 | 42 |
| misc current assets | 0 | 496 | 0 | 0 | 0 |
| total current assets | 13,479 | 14,661 | 20,589 | 14,754 | 9,710 |
| total assets | 13,580 | 15,051 | 21,411 | 16,540 | 9,710 |
| Bank overdraft | 17,667 | 20,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 31,117 | 30,747 | 49,099 | 24,483 | 39,416 |
| Group/Directors Accounts | 0 | 0 | 0 | 107,129 | 79,579 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 755 | 9,570 | 10,056 | 0 | 1,500 |
| total current liabilities | 49,539 | 60,317 | 59,155 | 131,612 | 120,495 |
| loans | 0 | 0 | 159,129 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 568,540 | 489,723 | 265,000 | 250,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 568,540 | 489,723 | 424,129 | 250,000 | 0 |
| total liabilities | 618,079 | 550,040 | 483,284 | 381,612 | 120,495 |
| net assets | -604,499 | -534,989 | -461,873 | -365,072 | -110,785 |
| total shareholders funds | -604,499 | -534,989 | -461,873 | -365,072 | -110,785 |
| Oct 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 289 | 432 | 964 | 643 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,350 | 8,941 | -8,100 | -159 | 9,668 |
| Creditors | 370 | -18,352 | 24,616 | -14,933 | 39,416 |
| Accruals and Deferred Income | -8,815 | -486 | 10,056 | -1,500 | 1,500 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -107,129 | 27,550 | 79,579 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -159,129 | 159,129 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 78,817 | 224,723 | 15,000 | 250,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 9,664 | -15,365 | 13,935 | 5,203 | 42 |
| overdraft | -2,333 | 20,000 | 0 | 0 | 0 |
| change in cash | 11,997 | -35,365 | 13,935 | 5,203 | 42 |
space republic limited Credit Report and Business Information
Space Republic Limited Competitor Analysis
Perform a competitor analysis for space republic limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EC1R area or any other competitors across 12 key performance metrics.
space republic limited Ownership
SPACE REPUBLIC LIMITED group structure
Space Republic Limited has no subsidiary companies.
Ultimate parent company
SPACE REPUBLIC LIMITED
11074558
space republic limited directors
Space Republic Limited currently has 2 directors. The longest serving directors include Mr Luke Aviet (Nov 2017) and Mr Greig Fensome (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Aviet | United Kingdom | 46 years | Nov 2017 | - | Director |
| Mr Greig Fensome | United Kingdom | 46 years | Aug 2020 | - | Director |
P&L
October 2022turnover
335.8k
+14%
operating profit
-68.2k
0%
gross margin
41.2%
+2.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-604.5k
+0.13%
total assets
13.6k
-0.1%
cash
13.5k
+2.53%
net assets
Total assets minus all liabilities
Similar Companies
space republic limited company details
company number
11074558
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
November 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2022
previous names
N/A
accountant
-
auditor
-
address
finsbury business centre unit 2, 40 bowling green lane, london, EC1R 0NE
Bank
-
Legal Advisor
-
space republic 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 republic limited.
space republic limited Companies House Filings - See Documents
| date | description | view/download |
|---|
