flexspace management limited
flexspace management limited Company Information
Company Number
11942635
Next Accounts
60 days late
Shareholders
flexspace no 1 llp
flexspace no 2 llp
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
unit 112 culley court, orton southgate, peterborough, PE2 6WA
Website
flexspace.co.ukflexspace management limited Estimated Valuation
Pomanda estimates the enterprise value of FLEXSPACE MANAGEMENT LIMITED at £7.9m based on a Turnover of £2.7m and 2.89x industry multiple (adjusted for size and gross margin).
flexspace management limited Estimated Valuation
Pomanda estimates the enterprise value of FLEXSPACE MANAGEMENT LIMITED at £930.9k based on an EBITDA of £110.5k and a 8.42x industry multiple (adjusted for size and gross margin).
flexspace management limited Estimated Valuation
Pomanda estimates the enterprise value of FLEXSPACE MANAGEMENT LIMITED at £0 based on Net Assets of £-661.5k and 1.8x industry multiple (adjusted for liquidity).
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Flexspace Management Limited Overview
Flexspace Management Limited is a live company located in peterborough, PE2 6WA with a Companies House number of 11942635. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in April 2019, it's largest shareholder is flexspace no 1 llp with a 75% stake. Flexspace Management Limited is a young, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Flexspace Management Limited Health Check
Pomanda's financial health check has awarded Flexspace Management Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.7m, make it larger than the average company (£354.4k)
- Flexspace Management Limited
£354.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.3%)
- Flexspace Management Limited
3.3% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
- Flexspace Management Limited
67.3% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (7.5%)
- Flexspace Management Limited
7.5% - Industry AVG
Employees
with 64 employees, this is above the industry average (6)
64 - Flexspace Management Limited
6 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)
- Flexspace Management Limited
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £42.9k, this is less efficient (£88.9k)
- Flexspace Management Limited
£88.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Flexspace Management Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (35 days)
- Flexspace Management Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flexspace Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (47 weeks)
0 weeks - Flexspace Management Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.8%, this is a higher level of debt than the average (57.9%)
131.8% - Flexspace Management Limited
57.9% - Industry AVG
FLEXSPACE MANAGEMENT LIMITED financials
Flexspace Management Limited's latest turnover from March 2023 is estimated at £2.7 million and the company has net assets of -£661.5 thousand. According to their latest financial statements, Flexspace Management Limited has 64 employees and maintains cash reserves of £32.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| 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 | 64 | 64 | 56 | 49 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 333,346 | 371,250 | 107,613 | 87,701 |
| Intangible Assets | 4,172 | |||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 333,346 | 371,250 | 111,785 | 87,701 |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | 1,657,081 | 1,011,900 | 637,160 | 398,254 |
| Misc Debtors | 56,214 | 17,014 | 31,631 | 40,915 |
| Cash | 32,166 | 36,166 | 36,583 | 70,368 |
| misc current assets | ||||
| total current assets | 1,745,461 | 1,065,080 | 705,374 | 509,537 |
| total assets | 2,078,807 | 1,436,330 | 817,159 | 597,238 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 27,583 | 21,722 | 47,048 | 43,157 |
| Group/Directors Accounts | 2,487,002 | 1,790,480 | 875,200 | 693,591 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 225,744 | 197,519 | 174,304 | 52,950 |
| total current liabilities | 2,740,329 | 2,009,721 | 1,096,552 | 789,698 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 2,740,329 | 2,009,721 | 1,096,552 | 789,698 |
| net assets | -661,522 | -573,391 | -279,393 | -192,460 |
| total shareholders funds | -661,522 | -573,391 | -279,393 | -192,460 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 200,090 | 82,108 | 51,502 | 16,890 |
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 684,381 | 360,123 | 229,622 | 439,169 |
| Creditors | 5,861 | -25,326 | 3,891 | 43,157 |
| Accruals and Deferred Income | 28,225 | 23,215 | 121,354 | 52,950 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 696,522 | 915,280 | 181,609 | 693,591 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -4,000 | -417 | -33,785 | 70,368 |
| overdraft | ||||
| change in cash | -4,000 | -417 | -33,785 | 70,368 |
flexspace management limited Credit Report and Business Information
Flexspace Management Limited Competitor Analysis
Perform a competitor analysis for flexspace management limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PE2 area or any other competitors across 12 key performance metrics.
flexspace management limited Ownership
FLEXSPACE MANAGEMENT LIMITED group structure
Flexspace Management Limited has 4 subsidiary companies.
Ultimate parent company
1 parent
FLEXSPACE MANAGEMENT LIMITED
11942635
4 subsidiaries
flexspace management limited directors
Flexspace Management Limited currently has 6 directors. The longest serving directors include Mr Simon Ringer (Apr 2019) and Mr Thomas Tyler (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Ringer | England | 60 years | Apr 2019 | - | Director |
| Mr Thomas Tyler | 52 years | Apr 2019 | - | Director | |
| Mr Philip Newborough | Uk | 62 years | Apr 2019 | - | Director |
| Mr Andrew Clarke | 48 years | May 2021 | - | Director | |
| Ms Abigail Williams | 33 years | Dec 2023 | - | Director | |
| Ms Millie Glennon | 47 years | Dec 2023 | - | Director |
P&L
March 2023turnover
2.7m
+10%
operating profit
-89.6k
0%
gross margin
67.3%
+1.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-661.5k
+0.15%
total assets
2.1m
+0.45%
cash
32.2k
-0.11%
net assets
Total assets minus all liabilities
Similar Companies
flexspace management limited company details
company number
11942635
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
April 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
COOPER PARRY GROUP LIMITED
auditor
-
address
unit 112 culley court, orton southgate, peterborough, PE2 6WA
Bank
-
Legal Advisor
-
flexspace management 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 flexspace management limited.
flexspace management 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 FLEXSPACE MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
flexspace management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
