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FORSPACE LTD Financials

Company number
07483398Copy
Copy
Registered office
190 Blagdon Road, New Malden, Surrey KT3 4AL
Incorporated
05/01/2011

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-370.85K2025
-24.79%vs 2024

2024: £-297.17K

Total Assets

£14.24K2025
54.78%vs 2024

2024: £9.20K

Cash in Bank

£5.16K2021
First reported year

Total Liabilities

£385.08K2025
25.69%vs 2024

2024: £306.36K

Employees

32025
0vs 2024

2024: 3

In 2025, FORSPACE LTD reported net assets of £-370.85K. The same filing shows total assets of £14.24K, cash in bank of £5.16K and total liabilities of £385.08K. Reported headcount was 3 in 2025. Total Liabilities rose from £306.36K in 2024 to £385.08K in 2025 (25.69%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-370.85K2025
-24.79%from £-297.17K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures FORSPACE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-259.60K2023£-370.85K2025
Decreasedvs 2023

Total Assets

£34.10K2023£14.24K2025
-58.3%vs 2023

-35.4% a year compound (CAGR)

Total Liabilities

£293.70K2023£385.08K2025
+31.1%vs 2023

+14.5% a year compound (CAGR)

Employees

2202332025
+50%vs 2023+1

Biggest increase

Employees+50%

2 in 2023 to 3 in 2025

Biggest decrease

Total Assets-58.3%

£34.10K in 2023 to £14.24K in 2025

FORSPACE LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FORSPACE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-2,605.17%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
2,705.17%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
4.20%2021
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
12.47%2021
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for FORSPACE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-81.41K-203.75K-259.60K-297.17K-370.85K
Total Assets£41.35K32.41K34.10K9.20K14.24K
Cash in Bank£5.16K––––
Total Liabilities£122.76K236.16K293.70K306.36K385.08K
Employees53233

FORSPACE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FORSPACE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

FORSPACE LTD reported net assets of £-370.85K for 2025. That compares with £-297.17K in 2024, a change of -24.79%.

FORSPACE LTD reported total assets of £14.24K for 2025. That compares with £9.20K in 2024, a change of 54.78%.

FORSPACE LTD reported cash in bank of £5.16K for 2021. There is no earlier filing to compare it against.

FORSPACE LTD reported 3 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, FORSPACE LTD's total assets fell by 58.3%, total liabilities rose by 31.1% and employee numbers rose by 50%. Total assets contracted at 35.4% a year across the two years to 2025, from £34.10K to £14.24K. Reported headcount went from 2 in 2023 to 3 in 2025 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.