t2 space limited
t2 space limited Company Information
Company Number
11260612
Next Accounts
Jan 2025
Industry
Development of building projects
Shareholders
jk estates limited
mantajai group limited
Group Structure
View All
Contact
Registered Address
station farm wycombe road, saunderton, buckinghamshire, HP14 4HX
Website
-t2 space limited Estimated Valuation
Pomanda estimates the enterprise value of T2 SPACE LIMITED at £1.5m based on a Turnover of £3.6m and 0.41x industry multiple (adjusted for size and gross margin).
t2 space limited Estimated Valuation
Pomanda estimates the enterprise value of T2 SPACE LIMITED at £0 based on an EBITDA of £-7.1k and a 2.9x industry multiple (adjusted for size and gross margin).
t2 space limited Estimated Valuation
Pomanda estimates the enterprise value of T2 SPACE LIMITED at £0 based on Net Assets of £-28k and 1.56x industry multiple (adjusted for liquidity).
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T2 Space Limited Overview
T2 Space Limited is a live company located in buckinghamshire, HP14 4HX with a Companies House number of 11260612. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2018, it's largest shareholder is jk estates limited with a 50% stake. T2 Space Limited is a young, small sized company, Pomanda has estimated its turnover at £3.6m with declining growth in recent years.
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T2 Space Limited Health Check
Pomanda's financial health check has awarded T2 Space Limited a 2 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 £3.6m, make it larger than the average company (£2.2m)
- T2 Space Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.8%)
- T2 Space Limited
2.8% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (26.5%)
- T2 Space Limited
26.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (7.6%)
- T2 Space Limited
7.6% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
- T2 Space Limited
6 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
- T2 Space Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £720.8k, this is more efficient (£277.5k)
- T2 Space Limited
£277.5k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (29 days)
- T2 Space Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
- T2 Space Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- T2 Space Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - T2 Space Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.9%, this is a higher level of debt than the average (72.5%)
101.9% - T2 Space Limited
72.5% - Industry AVG
T2 SPACE LIMITED financials
T2 Space Limited's latest turnover from April 2023 is estimated at £3.6 million and the company has net assets of -£28 thousand. According to their latest financial statements, we estimate that T2 Space Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,456,313 | 1,678,069 | 1,430,698 | 1,504,552 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,456,313 | 1,678,069 | 1,430,698 | 1,504,552 | 0 |
| total assets | 1,456,313 | 1,678,069 | 1,430,698 | 1,504,552 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 45,340 | 1,698,967 | 1,449,800 | 1,511,056 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 45,340 | 1,698,967 | 1,449,800 | 1,511,056 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,188,967 | 0 | 0 | 0 | 0 |
| provisions | 250,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,438,967 | 0 | 0 | 0 | 0 |
| total liabilities | 1,484,307 | 1,698,967 | 1,449,800 | 1,511,056 | 0 |
| net assets | -27,994 | -20,898 | -19,102 | -6,504 | 0 |
| total shareholders funds | -27,994 | -20,898 | -19,102 | -6,504 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -221,756 | 247,371 | -73,854 | 1,504,552 | 0 |
| Creditors | -1,653,627 | 249,167 | -61,256 | 1,511,056 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 250,000 | 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 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,188,967 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
t2 space limited Credit Report and Business Information
T2 Space Limited Competitor Analysis
Perform a competitor analysis for t2 space limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in HP14 area or any other competitors across 12 key performance metrics.
t2 space limited Ownership
T2 SPACE LIMITED group structure
T2 Space Limited has no subsidiary companies.
Ultimate parent company
T2 SPACE LIMITED
11260612
t2 space limited directors
T2 Space Limited currently has 2 directors. The longest serving directors include Mr Marcus Angell (Mar 2018) and Mr Craig Pargetter (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marcus Angell | England | 54 years | Mar 2018 | - | Director |
| Mr Craig Pargetter | England | 54 years | Mar 2018 | - | Director |
P&L
April 2023turnover
3.6m
-51%
operating profit
-7.1k
0%
gross margin
10%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-28k
+0.34%
total assets
1.5m
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
t2 space limited company details
company number
11260612
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
lucent investments limited (May 2019)
accountant
-
auditor
-
address
station farm wycombe road, saunderton, buckinghamshire, HP14 4HX
Bank
-
Legal Advisor
-
t2 space 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 t2 space limited.
t2 space 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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t2 space limited Companies House Filings - See Documents
| date | description | view/download |
|---|
