mindspace (stamford) limited

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mindspace (stamford) limited Company Information

Share MINDSPACE (STAMFORD) LIMITED

Company Number

11189840

Shareholders

-

Group Structure

View All

Industry

Other social work activities without accommodation n.e.c.

 

Registered Address

39 broad street, stamford, lincs, PE9 1PX

mindspace (stamford) limited Estimated Valuation

£93.9k

Pomanda estimates the enterprise value of MINDSPACE (STAMFORD) LIMITED at £93.9k based on a Turnover of £162.3k and 0.58x industry multiple (adjusted for size and gross margin).

mindspace (stamford) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MINDSPACE (STAMFORD) LIMITED at £0 based on an EBITDA of £-17.5k and a 5.63x industry multiple (adjusted for size and gross margin).

mindspace (stamford) limited Estimated Valuation

£479.4k

Pomanda estimates the enterprise value of MINDSPACE (STAMFORD) LIMITED at £479.4k based on Net Assets of £159k and 3.02x industry multiple (adjusted for liquidity).

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Mindspace (stamford) Limited Overview

Mindspace (stamford) Limited is a live company located in lincs, PE9 1PX with a Companies House number of 11189840. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in February 2018, it's largest shareholder is unknown. Mindspace (stamford) Limited is a young, micro sized company, Pomanda has estimated its turnover at £162.3k with high growth in recent years.

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Mindspace (stamford) Limited Health Check

Pomanda's financial health check has awarded Mindspace (Stamford) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £162.3k, make it smaller than the average company (£488.3k)

£162.3k - Mindspace (stamford) Limited

£488.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.4%)

15% - Mindspace (stamford) Limited

6.4% - Industry AVG

production

Production

with a gross margin of 67.1%, this company has a comparable cost of product (67.1%)

67.1% - Mindspace (stamford) Limited

67.1% - Industry AVG

profitability

Profitability

an operating margin of -11.1% make it less profitable than the average company (3.3%)

-11.1% - Mindspace (stamford) Limited

3.3% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (14)

5 - Mindspace (stamford) Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £13.1k, the company has a lower pay structure (£25.1k)

£13.1k - Mindspace (stamford) Limited

£25.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.5k, this is less efficient (£39.6k)

£32.5k - Mindspace (stamford) Limited

£39.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Mindspace (stamford) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mindspace (stamford) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mindspace (stamford) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2180 weeks, this is more cash available to meet short term requirements (239 weeks)

2180 weeks - Mindspace (stamford) Limited

239 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.4%, this is a lower level of debt than the average (12.7%)

2.4% - Mindspace (stamford) Limited

12.7% - Industry AVG

MINDSPACE (STAMFORD) LIMITED financials

EXPORTms excel logo

Mindspace (Stamford) Limited's latest turnover from March 2024 is £162.3 thousand and the company has net assets of £159 thousand. According to their latest financial statements, Mindspace (Stamford) Limited has 5 employees and maintains cash reserves of £161.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover162,273185,47786,946106,495115,206429,835
Other Income Or Grants000000
Cost Of Sales53,40659,67322,00937,13134,979118,751
Gross Profit108,867125,80464,93769,36480,227311,084
Admin Expenses126,90451,85841,82234,54844,043274,020
Operating Profit-18,03773,94623,11534,81636,18437,064
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit-11,26563,30819,33528,26629,33337,064
Tax00000-7,042
Profit After Tax-11,26563,30819,33528,26629,33330,022
Dividends Paid000000
Retained Profit-11,26563,30819,33528,26629,33330,022
Employee Costs65,37432,27151565,57286,241274,719
Number Of Employees5413413
EBITDA*-17,49174,22623,11534,81636,18437,064

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets1,2371,7830000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets1,2371,7830000
Stock & work in progress000000
Trade Debtors0000031,691
Group Debtors000000
Misc Debtors074,85011,4961,1484,7630
Cash161,61896,354101,84099,70359,9260
misc current assets000000
total current assets161,618171,204113,336100,85164,68931,691
total assets162,855172,987113,336100,85164,68931,691
Bank overdraft000000
Bank loan000000
Trade Creditors 000001,669
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities3,8552,7226,37913,2295,3330
total current liabilities3,8552,7226,37913,2295,3331,669
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities3,8552,7226,37913,2295,3331,669
net assets159,000170,265106,95787,62259,35630,022
total shareholders funds159,000170,265106,95787,62259,35630,022
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-18,03773,94623,11534,81636,18437,064
Depreciation5462800000
Amortisation000000
Tax00000-7,042
Stock000000
Debtors-74,85063,35410,348-3,615-26,92831,691
Creditors0000-1,6691,669
Accruals and Deferred Income1,133-3,657-6,8507,8965,3330
Deferred Taxes & Provisions000000
Cash flow from operations58,4927,2155,91746,32766,7760
Investing Activities
capital expenditure0-2,0630000
Change in Investments000000
cash flow from investments0-2,0630000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000010
interest000000
cash flow from financing000010
cash and cash equivalents
cash65,264-5,4862,13739,77759,9260
overdraft000000
change in cash65,264-5,4862,13739,77759,9260

mindspace (stamford) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mindspace (stamford) Limited Competitor Analysis

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Perform a competitor analysis for mindspace (stamford) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in PE9 area or any other competitors across 12 key performance metrics.

mindspace (stamford) limited Ownership

MINDSPACE (STAMFORD) LIMITED group structure

Mindspace (Stamford) Limited has no subsidiary companies.

Ultimate parent company

MINDSPACE (STAMFORD) LIMITED

11189840

MINDSPACE (STAMFORD) LIMITED Shareholders

--

mindspace (stamford) limited directors

Mindspace (Stamford) Limited currently has 8 directors. The longest serving directors include Miss Rebecca Avery (May 2020) and Mr Stefan Rakowski (Sep 2021).

officercountryagestartendrole
Miss Rebecca AveryEngland46 years May 2020- Director
Mr Stefan RakowskiEngland76 years Sep 2021- Director
Ms Zoe McKeagueEngland45 years Sep 2021- Director
Mr Stefan RakowskiEngland76 years Sep 2021- Director
Mr Adam O'HaraEngland39 years Feb 2022- Director
Mr Christopher YoungEngland49 years May 2023- Director
Mr Gavin BreezeEngland71 years Feb 2025- Director
Ms Claire JordanEngland53 years Feb 2025- Director

P&L

March 2024

turnover

162.3k

-13%

operating profit

-18k

0%

gross margin

67.1%

-1.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

159k

-0.07%

total assets

162.9k

-0.06%

cash

161.6k

+0.68%

net assets

Total assets minus all liabilities

mindspace (stamford) limited company details

company number

11189840

Type

Private Ltd By Guarantee w/o Share Cap

industry

88990 - Other social work activities without accommodation n.e.c.

incorporation date

February 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

RICHARD KING

auditor

-

address

39 broad street, stamford, lincs, PE9 1PX

Bank

METROBANK

Legal Advisor

-

mindspace (stamford) 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 mindspace (stamford) limited.

mindspace (stamford) 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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mindspace (stamford) limited Companies House Filings - See Documents

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