Back to search

Spaace Limited

12125781

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

20 MULBERRY COURT BOURNE ROAD, DARTFORD, DA1 4BF
Incorporated 27/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Dacre James Bracey

director · Since 27/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Rio Smithers

director · Since 27/07/2019

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 6 other boards

Persons with Significant Control

Mr Dacre James Bracey

50–75% shares
25–50% votes
Appoint directors

British · England · Age 50

20 Mulberry Court, Bourne Road, Dartford, DA1 4BF

Notified 27/07/2019

Mr Rio Smithers

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 33

20 Mulberry Court, Bourne Road, Dartford, DA1 4BF

Notified 27/07/2019

Charges3 outstanding

Charge
outstanding

MT FINANCE LIMITED

Created 21/11/2024Registered 22/11/2024
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 11/08/2021Registered 12/08/2021
Charge
outstanding

MT FINANCE LIMITED

Created 16/04/2020Registered 17/04/2020

CompanyRankvs 67185+ SIC 68320 peers
25

Financial strength6th percentile among SIC peers · 2/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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 31/07/2023

Net Worth

-£36k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£184k

Working capital

Current Assets

£102k

Current Liabilities

£287k

Fixed Assets

£520k

Debtors

£95k

1avg. employees

Director Loans

Company owes directors£145k

Balance Sheet

Assets less current liabilities£335k
Signed by Mr Rio Smithers 30/04/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.36+£17k
20220.30-£5k
20210.26-£29k
20200.13

Derived from filed accounts. Not audited figures.