fin space limited
fin space limited Company Information
Company Number
11412488
Next Accounts
1044 days late
Directors
Shareholders
timothy john davies
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
1 beauchamp court, 10 victors way, barnet, hertfordshire, EN5 5TZ
Website
https://finspacegroup.co.ukfin space limited Estimated Valuation
Pomanda estimates the enterprise value of FIN SPACE LIMITED at £72.2k based on a Turnover of £134.5k and 0.54x industry multiple (adjusted for size and gross margin).
fin space limited Estimated Valuation
Pomanda estimates the enterprise value of FIN SPACE LIMITED at £0 based on an EBITDA of £-3k and a 3.82x industry multiple (adjusted for size and gross margin).
fin space limited Estimated Valuation
Pomanda estimates the enterprise value of FIN SPACE LIMITED at £0 based on Net Assets of £-33.4k and 2.37x industry multiple (adjusted for liquidity).
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Fin Space Limited Overview
Fin Space Limited is a live company located in barnet, EN5 5TZ with a Companies House number of 11412488. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2018, it's largest shareholder is timothy john davies with a 100% stake. Fin Space Limited is a young, micro sized company, Pomanda has estimated its turnover at £134.5k with unknown growth in recent years.
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Fin Space Limited Health Check
Pomanda's financial health check has awarded Fin Space Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £134.5k, make it smaller than the average company (£2.5m)
- Fin Space Limited
£2.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fin Space Limited
- - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Fin Space Limited
37.8% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (5.5%)
- Fin Space Limited
5.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Fin Space Limited
20 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Fin Space Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £134.5k, this is equally as efficient (£134.5k)
- Fin Space Limited
£134.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fin Space Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fin Space Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fin Space Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Fin Space Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101327.3%, this is a higher level of debt than the average (64.4%)
101327.3% - Fin Space Limited
64.4% - Industry AVG
FIN SPACE LIMITED financials
Fin Space Limited's latest turnover from June 2020 is estimated at £134.5 thousand and the company has net assets of -£33.4 thousand. According to their latest financial statements, Fin Space Limited has 1 employee and maintains cash reserves of £33 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Jun 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 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Jun 2019 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 368,338 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 33 | 911 |
| misc current assets | 0 | 0 |
| total current assets | 33 | 369,249 |
| total assets | 33 | 369,249 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 32,659 | 38,246 |
| other short term finances | 0 | 350,000 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 779 | 781 |
| total current liabilities | 33,438 | 389,027 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 33,438 | 389,027 |
| net assets | -33,405 | -19,778 |
| total shareholders funds | -33,405 | -19,778 |
| Jun 2020 | Jun 2019 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | -368,338 | 368,338 |
| Debtors | 0 | 0 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | -2 | 781 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -5,587 | 38,246 |
| Other Short Term Loans | -350,000 | 350,000 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -878 | 911 |
| overdraft | 0 | 0 |
| change in cash | -878 | 911 |
fin space limited Credit Report and Business Information
Fin Space Limited Competitor Analysis
Perform a competitor analysis for fin space limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EN5 area or any other competitors across 12 key performance metrics.
fin space limited Ownership
FIN SPACE LIMITED group structure
Fin Space Limited has no subsidiary companies.
Ultimate parent company
FIN SPACE LIMITED
11412488
fin space limited directors
Fin Space Limited currently has 1 director, Mr Timothy Davies serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Davies | England | 33 years | Jun 2018 | - | Director |
P&L
June 2020turnover
134.5k
-95%
operating profit
-3k
0%
gross margin
37.8%
+1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
-33.4k
+0.69%
total assets
33
-1%
cash
33
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
fin space limited company details
company number
11412488
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2020
previous names
N/A
accountant
BBK PARTNERSHIP
auditor
-
address
1 beauchamp court, 10 victors way, barnet, hertfordshire, EN5 5TZ
Bank
-
Legal Advisor
-
fin 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 fin space limited.
fin 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.
Click to start generating capital raising & share issue transactions for FIN SPACE LIMITED. This can take several minutes, an email will notify you when this has completed.
fin space limited Companies House Filings - See Documents
| date | description | view/download |
|---|
