Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1
Registered Address
kintyre house 70 high street, fareham, PO16 7BB
Website
-
secured spaces ltdEstimated Valuation
£284.2k
Pomanda estimates the enterprise value of SECURED SPACES LTD at £284.2k based on a Turnover of £104.4k and 2.72x industry multiple (adjusted for size and gross margin).
secured spaces ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SECURED SPACES LTD at £0 based on an EBITDA of £-3k and a 6.02x industry multiple (adjusted for size and gross margin).
secured spaces ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SECURED SPACES LTD at £0 based on Net Assets of £-3k and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Secured Spaces LtdOverview
Secured Spaces Ltd is a live company located in fareham, PO16 7BB with a Companies House number of 14685376. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2023, it's largest shareholder is
steven real
with a 50% stake. Secured Spaces Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£104.4k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Secured Spaces Ltd a 1 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
Health Rating1out of 5
1 Strong
2 Regular
6 Weak
Size
annual sales of £104.4k, make it smaller than the average company (£656.8k)
£104.4k - Secured Spaces Ltd
£656.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Secured Spaces Ltd
- - Industry AVG
Production
with a gross margin of 68.3%, this company has a comparable cost of product (68.3%)
68.3% - Secured Spaces Ltd
68.3% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (16.3%)
-2.9% - Secured Spaces Ltd
16.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Secured Spaces Ltd
5 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
£36.4k - Secured Spaces Ltd
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £52.2k, this is less efficient (£145.3k)
£52.2k - Secured Spaces Ltd
£145.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (40 days)
1 days - Secured Spaces Ltd
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Secured Spaces Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Secured Spaces Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (29 weeks)
6 weeks - Secured Spaces Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 245.6%, this is a higher level of debt than the average (63.2%)
245.6% - Secured Spaces Ltd
63.2% - Industry AVG
SECURED SPACES LTD financials
EXPORT
Secured Spaces Ltd's latest turnover from February 2024 is estimated at £104.4 thousand and the company has net assets of -£3 thousand. According to their latest financial statements, Secured Spaces Ltd has 2 employees and maintains cash reserves of £603 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Turnover
104,408
Other Income Or Grants
Cost Of Sales
33,060
Gross Profit
71,348
Admin Expenses
74,365
Operating Profit
-3,017
Interest Payable
Interest Receivable
16
Pre-Tax Profit
-3,001
Tax
Profit After Tax
-3,001
Dividends Paid
Retained Profit
-3,001
Employee Costs
72,820
Number Of Employees
2
EBITDA*
-3,017
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
390
Group Debtors
Misc Debtors
1,055
Cash
603
misc current assets
total current assets
2,048
total assets
2,048
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
5,029
total current liabilities
5,029
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,029
net assets
-2,981
total shareholders funds
-2,981
Feb 2024
Operating Activities
Operating Profit
-3,017
Depreciation
Amortisation
Tax
Stock
Debtors
1,445
Creditors
Accruals and Deferred Income
5,029
Deferred Taxes & Provisions
Cash flow from operations
567
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
share issue
20
interest
16
cash flow from financing
36
cash and cash equivalents
cash
603
overdraft
change in cash
603
secured spaces ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for secured spaces ltd. Get real-time insights into secured spaces ltd's credit score, group structure and payment trends.
Perform a competitor analysis for secured spaces ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PO16 area or any other competitors across 12 key performance metrics.
secured spaces ltd Ownership
SECURED SPACES LTD group structure
Secured Spaces Ltd has no subsidiary companies.
Ultimate parent company
SECURED SPACES LTD
14685376
SECURED SPACES LTD Shareholders
The largest shareholders in Secured Spaces Ltd include Steven Real and Carl Mirauer.
steven real
50%
carl mirauer
50%
secured spaces ltd directors
Secured Spaces Ltd currently has 2 directors.
The longest serving directors include
Mr Steven Real (Feb 2023) and
Mr Carl Mirauer (Oct 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
-3k
0%
total assets
2k
0%
cash
603
0%
net assets
Total assets minus all liabilities
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secured spaces ltd company details
company number
14685376
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
February 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
plassey crescent limited (October 2023)
accountant
-
auditor
-
address
kintyre house 70 high street, fareham, PO16 7BB
Bank
-
Legal Advisor
-
secured spaces 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 secured spaces ltd.
secured spaces 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 SECURED SPACES LTD. This can take several minutes, an email will notify you when this has completed.
secured spaces ltdCompanies House Filings - See Documents
