Space Paddington Ltd
10460875
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 02/11/2025
Due 16/11/2026
Industry
Officers
Persons with Significant Control
Paddington Land Works Limited
8, Hermitage Street, London, W2 1BE
Reg: 10850556 · England And Wales · Limited Company
Notified 15/11/2025
Former PSCs
Mr Simon Charles William Kirkham
Ceased 15/11/2025
Charges1 outstanding
BANK OF LONDON AND THE MIDDLE EAST PLC
Change History
Active
Private Limited Company
8 HERMITAGE STREET
LONDON
CompanyRankvs 182258+ SIC 68209 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£552k
Balance sheet strength
Cash
£305k
Cash in the bank
Net Current Assets
£230k
Working capital
Current Assets
£1.7M
Current Liabilities
£1.5M
Fixed Assets
£4.1M
Debtors
£1.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.16 | -£99k |
| 2024 | 1.24 | -£145k |
| 2023 | 1.43 | -£17k |
| 2022 | 1.93 | — |
| 2021 | 0.34 | — |
Derived from filed accounts. Not audited figures.