Thinkspace Education Limited
11653780
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/09/2019
CHIEF TECHNOLOGY OFFICER
BRITISH · UNITED KINGDOM · Age 35
director · Since 01/11/2021
ACCOUNTANT
BRITISH · ENGLAND · Age 71
Also on 8 other boards
Persons with Significant Control
Mrs Emma Jane Michelmore
British · United Kingdom · Age 62
Ashbourne House, Old Portsmouth Road, Guildford, GU3 1LR
Notified 01/11/2018
Mr Guy Alford Michelmore
British · United Kingdom · Age 68
Ashbourne House, Old Portsmouth Road, Guildford, GU3 1LR
Notified 01/11/2018
CompanyRankvs 254+ SIC 85422 peers67
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inform
Key FinancialsYear ending 31/07/2020
Turnover
£706k
Annual revenue
Net Worth
£313k
Balance sheet strength
Cash
£482k
Cash in the bank
Profit Before Tax
£243k
Bottom line earnings
Net Current Assets
£462k
Working capital
Current Assets
£946k
Current Liabilities
£485k
Fixed Assets
£6k
Debtors
£464k
Cost of Sales
£152k
Gross Profit
£554k
Admin Expenses
£339k
Operating Profit
£215k
Profit After Tax
£197k
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 1.95 | +£287k |
| 2019 | 1.43 | — |
Derived from filed accounts. Not audited figures.