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Upspace 2 Limited

09571257

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

THE COPPER ROOM DEVA CITY OFFICE PARK, MANCHESTER, M3 7BG
Incorporated 01/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Barrie Jonathan Taube

director · Since 01/05/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 25 other boards

Mr Richard Daniel Taube

director · Since 26/10/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 49 other boards

Persons with Significant Control

Upspace Group Ltd

75–100% shares
75–100% votes
Appoint directors

The Copper Room, Deva City Office Park, Manchester, M3 7BG

Reg: 12958085 · England And Wales · Private Company Limited By Shares

Notified 01/12/2020

Former PSCs

Mr Barrie Jonathan Taube

Ceased 07/04/2016

Southern Land Securities Limited

Ceased 01/12/2020

Charges3 outstanding

Charge
outstanding

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 29/06/2021Registered 19/07/2021
Charge
outstanding

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 28/06/2021Registered 09/07/2021
Charge
outstanding

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 28/06/2021Registered 09/07/2021

CompanyRankvs 60501+ SIC 68209 peers
55

Financial strength82th percentile among SIC peers · 21/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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60501Upspace 2 Limited
61
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£165k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£685k

Current Liabilities

£743k

Debtors

£685k

2avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£165k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.92-£76k
20230.37-£9k
20220.40+£17k
20210.34+£22k
2020—+£26k

Derived from filed accounts. Not audited figures.