incube space ltd
incube space ltd Company Information
Company Number
12644884
Next Accounts
Dec 2025
Shareholders
rishi chowdhury
tech city ventures ltd
View AllGroup Structure
View All
Industry
Specialised design activities
Registered Address
3 totman crescent, rayleigh, essex, SS6 7UY
Website
incube.spaceincube space ltd Estimated Valuation
Pomanda estimates the enterprise value of INCUBE SPACE LTD at £60.3k based on a Turnover of £142.7k and 0.42x industry multiple (adjusted for size and gross margin).
incube space ltd Estimated Valuation
Pomanda estimates the enterprise value of INCUBE SPACE LTD at £0 based on an EBITDA of £-91.3k and a 3.49x industry multiple (adjusted for size and gross margin).
incube space ltd Estimated Valuation
Pomanda estimates the enterprise value of INCUBE SPACE LTD at £0 based on Net Assets of £-76.8k and 1.85x industry multiple (adjusted for liquidity).
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Incube Space Ltd Overview
Incube Space Ltd is a live company located in essex, SS6 7UY with a Companies House number of 12644884. It operates in the specialised design activities sector, SIC Code 74100. Founded in June 2020, it's largest shareholder is rishi chowdhury with a 44.3% stake. Incube Space Ltd is a young, micro sized company, Pomanda has estimated its turnover at £142.7k with declining growth in recent years.
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Incube Space Ltd Health Check
Pomanda's financial health check has awarded Incube Space Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £142.7k, make it smaller than the average company (£195.2k)
- Incube Space Ltd
£195.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (12.6%)
- Incube Space Ltd
12.6% - Industry AVG
Production
with a gross margin of 48.9%, this company has a comparable cost of product (48.9%)
- Incube Space Ltd
48.9% - Industry AVG
Profitability
an operating margin of -64.2% make it less profitable than the average company (9.4%)
- Incube Space Ltd
9.4% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Incube Space Ltd
2 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
- Incube Space Ltd
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £71.3k, this is less efficient (£100.6k)
- Incube Space Ltd
£100.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Incube Space Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (39 days)
- Incube Space Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Incube Space Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (25 weeks)
2 weeks - Incube Space Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2490%, this is a higher level of debt than the average (59.2%)
2490% - Incube Space Ltd
59.2% - Industry AVG
INCUBE SPACE LTD financials
Incube Space Ltd's latest turnover from March 2024 is estimated at £142.7 thousand and the company has net assets of -£76.8 thousand. According to their latest financial statements, Incube Space Ltd has 2 employees and maintains cash reserves of £1.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 305 | 609 | ||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 305 | 609 | ||
| Stock & work in progress | ||||
| Trade Debtors | 14,149 | |||
| Group Debtors | ||||
| Misc Debtors | 1,254 | 5,560 | 74 | 821 |
| Cash | 1,654 | 76,014 | 39,441 | 1,355 |
| misc current assets | ||||
| total current assets | 2,908 | 95,723 | 39,515 | 2,176 |
| total assets | 3,213 | 96,332 | 39,515 | 2,176 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 11,465 | 10,961 | 372 | 4,928 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 24,870 | 27,794 | 33,159 | 20,760 |
| total current liabilities | 36,335 | 38,755 | 33,531 | 25,688 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 43,670 | 44,832 | 43,025 | |
| provisions | ||||
| total long term liabilities | 43,670 | 44,832 | 43,025 | |
| total liabilities | 80,005 | 83,587 | 76,556 | 25,688 |
| net assets | -76,792 | 12,745 | -37,041 | -23,512 |
| total shareholders funds | -76,792 | 12,745 | -37,041 | -23,512 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 304 | 304 | ||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -18,455 | 19,635 | -747 | 821 |
| Creditors | 504 | 10,589 | -4,556 | 4,928 |
| Accruals and Deferred Income | -2,924 | -5,365 | 12,399 | 20,760 |
| 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 | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -1,162 | 1,807 | 43,025 | |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -74,360 | 36,573 | 38,086 | 1,355 |
| overdraft | ||||
| change in cash | -74,360 | 36,573 | 38,086 | 1,355 |
incube space ltd Credit Report and Business Information
Incube Space Ltd Competitor Analysis
Perform a competitor analysis for incube space ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SS6 area or any other competitors across 12 key performance metrics.
incube space ltd Ownership
INCUBE SPACE LTD group structure
Incube Space Ltd has no subsidiary companies.
Ultimate parent company
INCUBE SPACE LTD
12644884
incube space ltd directors
Incube Space Ltd currently has 3 directors. The longest serving directors include Mr George Johnston (Jun 2020) and Mr George Johnston (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Johnston | England | 32 years | Jun 2020 | - | Director |
| Mr George Johnston | United Kingdom | 32 years | Jun 2020 | - | Director |
| Mr Rishi Chowdhury | United Kingdom | 37 years | Jun 2020 | - | Director |
P&L
March 2024turnover
142.7k
+40%
operating profit
-91.6k
0%
gross margin
49%
+10.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-76.8k
-7.03%
total assets
3.2k
-0.97%
cash
1.7k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
incube space ltd company details
company number
12644884
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
3 totman crescent, rayleigh, essex, SS6 7UY
Bank
-
Legal Advisor
-
incube space ltd 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 incube space ltd.
incube space ltd 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 INCUBE SPACE LTD. This can take several minutes, an email will notify you when this has completed.
incube space ltd Companies House Filings - See Documents
| date | description | view/download |
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