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Space Group (Europe) Limited

04674960

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

Spaceworks, Benton Park Road, Benton, NE7 7LX
Incorporated 21/02/2003

Previously known as

Space Architecture (Europe) Limited · until 22/06/2020
Waring & Netts Limited · until 17/08/2010

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Robert James Charlton

director · Since 17/12/2004

British · England · Age 57

Neil Mcglew

secretary · Since 01/06/2015

Former

Andrew Richard Roberts

director · Resigned 01/06/2015

Andrew Richard Roberts

secretary · Resigned 01/06/2015

Persons with Significant Control

Brunton Group Limited

75–100% shares

Spaceworks, Benton Park Road, Newcastle Upon Tyne, NE7 7LX

Reg: 07028799 · Registrar Of Companies (England And Wales) · Limited Company

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 21/05/2018Registered 21/05/2018
Charge
outstanding

SANTANDER UK PLC

Created 04/08/2017Registered 09/08/2017
Charge
outstanding

SANTANDER UK PLC

Created 25/07/2016Registered 25/07/2016
Charge
outstanding

SANTANDER UK PLC

Created 23/07/2013Registered 02/08/2013
charge
outstanding

ALLIANCE & LEICESTER PLC

Created 16/04/2007Registered 02/05/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2005Registered 20/01/2005

Change History

status → active
2026-06-06

Active

type → ltd
2026-06-06

Private Limited Company

address line1 → Spaceworks
2026-06-06

SPACEWORKS

post town → Benton
2026-06-06

BENTON

CompanyRankvs 596+ SIC 68209 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2022

Turnover

£1.1M

Annual revenue

Net Worth

£5.6M

Balance sheet strength

Cash

£248k

Cash in the bank

Profit Before Tax

£292k

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£2.1M

Current Liabilities

£451k

Fixed Assets

£4.8M

Debtors

£1.6M

Cost of Sales

£456k

Gross Profit

£623k

Admin Expenses

£467k

Operating Profit

£157k

Profit After Tax

£252k

15avg. employees

Tax at Year End

Corp tax£33k
Dividends paid-£245k

People Costs

Wages & salaries£347k
NI contributions£29k

Balance Sheet

Bank loans & overdrafts£203k
Assets less current liabilities£6.5M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20224.74

Derived from filed accounts. Not audited figures.