Space To Operate Ltd
12670867
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
29/08/2025
total exemption full
Next accounts due
29/05/2027
Confirmation statement
Last: 16/09/2025
Due 30/09/2026
Industry
Officers
Former
director · Resigned 25/07/2024
Persons with Significant Control
Mr Mark Daniel Hardy
British · United Kingdom · Age 51
21, Coquet Terrace, Newcastle Upon Tyne, NE6 5LD
Notified 15/06/2020
Change History
Active
Private Limited Company
21 COQUET TERRACE
NEWCASTLE UPON TYNE
CompanyRankvs 16434+ SIC 56101 peers48
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 29/08/2025
Net Worth
£100
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£36k
Working capital
Current Assets
£209k
Current Liabilities
£245k
Fixed Assets
£46k
Debtors
£188k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.85 |
| 2024 | 0.98 |
| 2023 | 0.80 |
Derived from filed accounts. Not audited figures.