MEDSPACE SOLUTIONS LTD Financials
- Company number
- 07960162CopyCopy
- Registered office
- 91a Church Lane, Bulphan, Upminster RM14 3TR
- Incorporated
- 22/02/2012
Company snapshot
- Status
- Active
- Employees
- 40 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-5.35%vs 20242024: £613.42K
Total Assets
9.78%vs 20242024: £2.21M
Cash in Bank
654.71%vs 20242024: £10.17K
Total Liabilities
22.29%vs 20242024: £1.08M
Employees
+10vs 20242024: 30
In 2025, MEDSPACE SOLUTIONS LTD reported net assets of £580.61K. The same filing shows total assets of £2.42M, cash in bank of £76.72K and total liabilities of £1.32M. Reported headcount was 40 in 2025. Total Liabilities rose from £1.08M in 2024 to £1.32M in 2025 (22.29%). 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
-5.35%from £613.42K 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 MEDSPACE SOLUTIONS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+27.3%vs 2023+12.8% a year compound (CAGR)
Cash in Bank
+71.9%vs 2023+31.1% a year compound (CAGR)
Total Assets
+31%vs 2023+14.5% a year compound (CAGR)
Total Liabilities
+56.8%vs 2023+25.2% a year compound (CAGR)
Employees
+66.7%vs 2023+16Biggest increase
Cash in Bank+71.9%
£44.63K in 2023 to £76.72K in 2025
Every indicator Okredo holds for MEDSPACE SOLUTIONS LTD rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEDSPACE SOLUTIONS 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
- 23.94%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
- 54.58%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
- 5.80%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
- 3.16%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 MEDSPACE SOLUTIONS 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£ | 145.68K | 427.70K | 456.19K | 613.42K | 580.61K |
| Total Assets£ | 1.37M | 2.02M | 1.85M | 2.21M | 2.42M |
| Cash in Bank£ | 662.65K | 237.71K | 44.63K | 10.17K | 76.72K |
| Total Liabilities£ | 1.23M | 1.14M | 844.04K | 1.08M | 1.32M |
| Employees | 17 | 19 | 24 | 30 | 40 |
MEDSPACE SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEDSPACE SOLUTIONS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MEDSPACE SOLUTIONS LTD reported net assets of £580.61K for 2025. That compares with £613.42K in 2024, a change of -5.35%.
MEDSPACE SOLUTIONS LTD reported total assets of £2.42M for 2025. That compares with £2.21M in 2024, a change of 9.78%.
MEDSPACE SOLUTIONS LTD reported cash in bank of £76.72K for 2025. That compares with £10.17K in 2024, a change of 654.71%.
MEDSPACE SOLUTIONS LTD reported 40 employees in 2025, compared with 30 in 2024.
Between 2023 and 2025, MEDSPACE SOLUTIONS LTD's net assets rose by 27.3%, cash in bank rose by 71.9%, total assets rose by 31% and total liabilities rose by 56.8%. Net assets compounded at 12.8% a year across the two years to 2025, from £456.19K to £580.61K. Reported headcount went from 24 in 2023 to 40 in 2025 (+16).
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.