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Space Projects Hull Ltd

05958380

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE OLD SCOTNEY BUILDING AIR STREET, HULL, HU5 1RR
Incorporated 06/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products
32990
Other manufacturing

Officers

Mr Ricky Ness

secretary · Since 06/10/2006

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 60

Also on 19 other boards

Mr Ricky Ness

director · Since 06/10/2006

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 60

Also on 19 other boards

Persons with Significant Control

Mr Ricky Ness

75–100% shares
75–100% votes

British · United Kingdom · Age 60

12, Headlands Drive, Hessle, HU13 0JR

Notified 06/04/2016

CompanyRankvs 3082+ SIC 25990 peers
64

Financial strength58th percentile among SIC peers · 14/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£72k

Balance sheet strength

Cash

£734k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.3M

Fixed Assets

£116k

Debtors

£503k

24avg. employees

Tax at Year End

Corp tax£58k

Balance Sheet

Intangible assets£75k
Assets less current liabilities£101k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£46k
20230.92-£104k
20221.02+£29k
20211.00+£33k
20200.94—

Derived from filed accounts. Not audited figures.