storspace self storage limited
storspace self storage limited Company Information
Company Number
12372708
Website
-Registered Address
2 orwell rd, walsall, west midlands, WS1 2PJ
Industry
Operation of warehousing and storage facilities for land transport activities of division 49
Telephone
-
Next Accounts Due
11 days late
Group Structure
View All
Directors
Jonathan Pace4 Years
Shareholders
jonathan anthony pace 100%
storspace self storage limited Estimated Valuation
Pomanda estimates the enterprise value of STORSPACE SELF STORAGE LIMITED at £63.2k based on a Turnover of £156.6k and 0.4x industry multiple (adjusted for size and gross margin).
storspace self storage limited Estimated Valuation
Pomanda estimates the enterprise value of STORSPACE SELF STORAGE LIMITED at £225.2k based on an EBITDA of £70.9k and a 3.18x industry multiple (adjusted for size and gross margin).
storspace self storage limited Estimated Valuation
Pomanda estimates the enterprise value of STORSPACE SELF STORAGE LIMITED at £209.5k based on Net Assets of £89.9k and 2.33x industry multiple (adjusted for liquidity).
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Storspace Self Storage Limited Overview
Storspace Self Storage Limited is a live company located in west midlands, WS1 2PJ with a Companies House number of 12372708. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in December 2019, it's largest shareholder is jonathan anthony pace with a 100% stake. Storspace Self Storage Limited is a young, micro sized company, Pomanda has estimated its turnover at £156.6k with unknown growth in recent years.
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Storspace Self Storage Limited Health Check
Pomanda's financial health check has awarded Storspace Self Storage Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £156.6k, make it smaller than the average company (£10.4m)
- Storspace Self Storage Limited
£10.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Storspace Self Storage Limited
- - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- Storspace Self Storage Limited
35.1% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (6.4%)
- Storspace Self Storage Limited
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (54)
1 - Storspace Self Storage Limited
54 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Storspace Self Storage Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £156.6k, this is equally as efficient (£156.6k)
- Storspace Self Storage Limited
£156.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Storspace Self Storage Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Storspace Self Storage Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Storspace Self Storage Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (12 weeks)
40 weeks - Storspace Self Storage Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.4%, this is a higher level of debt than the average (59%)
92.4% - Storspace Self Storage Limited
59% - Industry AVG
STORSPACE SELF STORAGE LIMITED financials
Storspace Self Storage Limited's latest turnover from December 2022 is estimated at £156.6 thousand and the company has net assets of £89.9 thousand. According to their latest financial statements, Storspace Self Storage Limited has 1 employee and maintains cash reserves of £246.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 302,551 | 330,403 | 369,207 |
| Intangible Assets | 625,000 | 625,000 | 625,000 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 927,551 | 955,403 | 994,207 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 3,564 | 5,215 | 2,406 |
| Cash | 246,816 | 195,977 | 13,706 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 250,380 | 201,192 | 16,112 |
| total assets | 1,177,931 | 1,156,595 | 1,010,319 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 1 | 769 |
| Group/Directors Accounts | 310,776 | 263,505 | 63,094 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 3,508 | 6,687 | 5,998 |
| total current liabilities | 314,284 | 270,193 | 69,861 |
| loans | 34,124 | 43,788 | 50,000 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 739,655 | 749,655 | 859,655 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 773,779 | 793,443 | 909,655 |
| total liabilities | 1,088,063 | 1,063,636 | 979,516 |
| net assets | 89,868 | 92,959 | 30,803 |
| total shareholders funds | 89,868 | 92,959 | 30,803 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 77,996 | 69,804 | 65,154 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -1,651 | 2,809 | 2,406 |
| Creditors | -1 | -768 | 769 |
| Accruals and Deferred Income | -3,179 | 689 | 5,998 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 47,271 | 200,411 | 63,094 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | -9,664 | -6,212 | 50,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -10,000 | -110,000 | 859,655 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 50,839 | 182,271 | 13,706 |
| overdraft | 0 | 0 | 0 |
| change in cash | 50,839 | 182,271 | 13,706 |
storspace self storage limited Credit Report and Business Information
Storspace Self Storage Limited Competitor Analysis
Perform a competitor analysis for storspace self storage limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in WS1 area or any other competitors across 12 key performance metrics.
storspace self storage limited Ownership
STORSPACE SELF STORAGE LIMITED group structure
Storspace Self Storage Limited has no subsidiary companies.
Ultimate parent company
STORSPACE SELF STORAGE LIMITED
12372708
storspace self storage limited directors
Storspace Self Storage Limited currently has 1 director, Mr Jonathan Pace serving since Dec 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Pace | England | 46 years | Dec 2019 | - | Director |
P&L
December 2022turnover
156.6k
+90%
operating profit
-7.1k
0%
gross margin
35.1%
+4.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
89.9k
-0.03%
total assets
1.2m
+0.02%
cash
246.8k
+0.26%
net assets
Total assets minus all liabilities
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storspace self storage limited company details
company number
12372708
Type
Private limited with Share Capital
industry
52103 - Operation of warehousing and storage facilities for land transport activities of division 49
incorporation date
December 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
brynstore self storage limited (January 2024)
last accounts submitted
December 2022
address
2 orwell rd, walsall, west midlands, WS1 2PJ
accountant
PINK ACCOUNTANTS
auditor
-
storspace self storage 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 found 1 charges/mortgages relating to storspace self storage limited. Currently there are 1 open charges and 0 have been satisfied in the past.
storspace self storage limited Companies House Filings - See Documents
| date | description | view/download |
|---|
