K-SPACE (NI) LTD Financials
- Company number
- NI058351CopyCopy
- Registered office
- 18 Charlestown Drive, Craigavon, Co Armagh BT63 5GA
- Incorporated
- 03/03/2006
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
11.98%vs 20242024: £1.39M
Total Assets
-20.21%vs 20242024: £2.71M
Cash in Bank
44.84%vs 20242024: £525.16K
Total Liabilities
14.83%vs 20242024: £527.08K
Employees
0vs 20242024: 0
In 2025, K-SPACE (NI) LTD reported net assets of £1.55M. The same filing shows total assets of £2.16M, cash in bank of £760.64K and total liabilities of £605.27K. Reported headcount was 0 in 2025. Total Assets fell from £2.71M in 2024 to £2.16M in 2025 (-20.21%). 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
11.98%from £1.39M in 2024Year-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 K-SPACE (NI) LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+25.5%vs 2023+12% a year compound (CAGR)
Cash in Bank
+51%vs 2023+22.9% a year compound (CAGR)
Total Assets
-17%vs 2023-8.9% a year compound (CAGR)
Total Liabilities
+1.7%vs 2023+0.9% a year compound (CAGR)
Employees
-100%vs 2023-22Biggest increase
Cash in Bank+51%
£503.76K in 2023 to £760.64K in 2025
Biggest decrease
Employees-100%
22 in 2023 to 0 in 2025
K-SPACE (NI) LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from K-SPACE (NI) 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
- 71.97%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
- 28.03%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
- 125.67%2025
- 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
- 35.22%2025
- 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 K-SPACE (NI) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 877.35K | 1.08M | 1.24M | 1.39M | 1.55M |
| Total Assets£ | 2.43M | 2.59M | 2.60M | 2.71M | 2.16M |
| Cash in Bank£ | 423.27K | 355.94K | 503.76K | 525.16K | 760.64K |
| Total Liabilities£ | 797.40K | 716.48K | 594.97K | 527.08K | 605.27K |
| Employees | 23 | 22 | 22 | 0 | 0 |
K-SPACE (NI) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for K-SPACE (NI) LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
K-SPACE (NI) LTD reported net assets of £1.55M for 2025. That compares with £1.39M in 2024, a change of 11.98%.
K-SPACE (NI) LTD reported total assets of £2.16M for 2025. That compares with £2.71M in 2024, a change of -20.21%.
K-SPACE (NI) LTD reported cash in bank of £760.64K for 2025. That compares with £525.16K in 2024, a change of 44.84%.
K-SPACE (NI) LTD reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, K-SPACE (NI) LTD's net assets rose by 25.5%, cash in bank rose by 51%, total assets fell by 17% and total liabilities rose by 1.7%. Net assets compounded at 12% a year across the two years to 2025, from £1.24M to £1.55M. Reported headcount went from 22 in 2023 to 0 in 2025 (-22).
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.