health spaces limited
health spaces limited Company Information
Company Number
13305967
Next Accounts
Sep 2025
Shareholders
specialist health solutions limited
kelvin moulding
Group Structure
View All
Industry
Research and experimental development on biotechnology
Registered Address
ashurst house bakewell road, orton southgate, peterborough, PE2 6YS
Website
health-spaces.comhealth spaces limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTH SPACES LIMITED at £24.8m based on a Turnover of £18.8m and 1.32x industry multiple (adjusted for size and gross margin).
health spaces limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTH SPACES LIMITED at £10.6m based on an EBITDA of £2m and a 5.2x industry multiple (adjusted for size and gross margin).
health spaces limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTH SPACES LIMITED at £3.1m based on Net Assets of £1.7m and 1.79x industry multiple (adjusted for liquidity).
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Health Spaces Limited Overview
Health Spaces Limited is a live company located in peterborough, PE2 6YS with a Companies House number of 13305967. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in March 2021, it's largest shareholder is specialist health solutions limited with a 88% stake. Health Spaces Limited is a startup, mid sized company, Pomanda has estimated its turnover at £18.8m with unknown growth in recent years.
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Health Spaces Limited Health Check
Pomanda's financial health check has awarded Health Spaces Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £18.8m, make it larger than the average company (£4.5m)
£18.8m - Health Spaces Limited
£4.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Health Spaces Limited
- - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (54%)
19.2% - Health Spaces Limited
54% - Industry AVG
Profitability
an operating margin of 7.2% make it more profitable than the average company (-4.8%)
7.2% - Health Spaces Limited
-4.8% - Industry AVG
Employees
with 21 employees, this is below the industry average (54)
21 - Health Spaces Limited
54 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has a lower pay structure (£83.1k)
£53.8k - Health Spaces Limited
£83.1k - Industry AVG
Efficiency
resulting in sales per employee of £896.5k, this is more efficient (£131.2k)
£896.5k - Health Spaces Limited
£131.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (56 days)
58 days - Health Spaces Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (61 days)
39 days - Health Spaces Limited
61 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Health Spaces Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (30 weeks)
36 weeks - Health Spaces Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (53.1%)
93% - Health Spaces Limited
53.1% - Industry AVG
HEALTH SPACES LIMITED financials
Health Spaces Limited's latest turnover from December 2023 is £18.8 million and the company has net assets of £1.7 million. According to their latest financial statements, Health Spaces Limited has 21 employees and maintains cash reserves of £5.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 18,827,481 | ||
| Other Income Or Grants | |||
| Cost Of Sales | 15,222,232 | ||
| Gross Profit | 3,605,249 | ||
| Admin Expenses | 2,251,454 | ||
| Operating Profit | 1,353,795 | ||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | 1,353,795 | ||
| Tax | -351,210 | ||
| Profit After Tax | 1,002,585 | ||
| Dividends Paid | |||
| Retained Profit | 1,002,585 | ||
| Employee Costs | 1,128,766 | ||
| Number Of Employees | 21 | ||
| EBITDA* | 2,035,664 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 49,567 | ||
| Intangible Assets | 12,663,158 | ||
| Investments & Other | 1 | 1 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 12,712,725 | 1 | 1 |
| Stock & work in progress | |||
| Trade Debtors | 3,032,824 | ||
| Group Debtors | 1,578,158 | ||
| Misc Debtors | 1,057,574 | ||
| Cash | 5,930,626 | ||
| misc current assets | |||
| total current assets | 11,599,182 | ||
| total assets | 24,311,907 | 1 | 1 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,652,800 | ||
| Group/Directors Accounts | 144,624 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 6,706,798 | ||
| total current liabilities | 8,504,222 | ||
| loans | 14,100,000 | ||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 14,100,000 | ||
| total liabilities | 22,604,222 | ||
| net assets | 1,707,685 | 1 | 1 |
| total shareholders funds | 1,707,685 | 1 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 1,353,795 | ||
| Depreciation | 8,809 | ||
| Amortisation | 673,060 | ||
| Tax | -351,210 | ||
| Stock | |||
| Debtors | 5,668,556 | ||
| Creditors | 1,652,800 | ||
| Accruals and Deferred Income | 6,706,798 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 4,375,496 | ||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -1 | 1 | |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 144,624 | ||
| Other Short Term Loans | |||
| Long term loans | 14,100,000 | ||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | 14,949,723 | ||
| cash and cash equivalents | |||
| cash | 5,930,626 | ||
| overdraft | |||
| change in cash | 5,930,626 |
health spaces limited Credit Report and Business Information
Health Spaces Limited Competitor Analysis
Perform a competitor analysis for health spaces limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in PE2 area or any other competitors across 12 key performance metrics.
health spaces limited Ownership
HEALTH SPACES LIMITED group structure
Health Spaces Limited has no subsidiary companies.
Ultimate parent company
1 parent
HEALTH SPACES LIMITED
13305967
health spaces limited directors
Health Spaces Limited currently has 4 directors. The longest serving directors include Mr Warrick Fentiman (Mar 2021) and Mr Mark Fentiman (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Warrick Fentiman | England | 39 years | Mar 2021 | - | Director |
| Mr Mark Fentiman | England | 36 years | Mar 2021 | - | Director |
| Mr Warrick Fentiman | England | 39 years | Mar 2021 | - | Director |
| Mr Kelvin Moulding | England | 28 years | Dec 2023 | - | Director |
P&L
December 2023turnover
18.8m
0%
operating profit
1.4m
0%
gross margin
19.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
+1707684%
total assets
24.3m
+24311906%
cash
5.9m
0%
net assets
Total assets minus all liabilities
Similar Companies
health spaces limited company details
company number
13305967
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
healthspaces limited (October 2022)
specialist health solutions group limited (May 2021)
accountant
-
auditor
STREETS AUDIT LLP
address
ashurst house bakewell road, orton southgate, peterborough, PE2 6YS
Bank
-
Legal Advisor
-
health spaces 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 health spaces limited.
health spaces 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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health spaces limited Companies House Filings - See Documents
| date | description | view/download |
|---|
