SPACEBANDS LTD Financials
- Company number
- 12681754CopyCopy
- Industry
- Retail sale of telecommunications equipment other than mobile telephones (47.42/9 - SIC 2007)
- Registered office
- Sbarc/Spark, Maindy Road, Cardiff CF24 4HQ
- Incorporated
- 19/06/2020
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
106.23%vs 20242024: £49.76K
Total Assets
106.48%vs 20242024: £71.25K
Total Liabilities
107.06%vs 20242024: £21.49K
Employees
0vs 20242024: 5
In 2025, SPACEBANDS LTD reported net assets of £102.62K. The same filing shows total assets of £147.11K and total liabilities of £44.49K. Reported headcount was 5 in 2025. Total Assets rose from £71.25K in 2024 to £147.11K in 2025 (106.48%). 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
106.23%from £49.76K 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 SPACEBANDS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-57.5%vs 2023-34.8% a year compound (CAGR)
Total Assets
-42.6%vs 2023-24.2% a year compound (CAGR)
Total Liabilities
+196%vs 2023+72.2% a year compound (CAGR)
Employees
+66.7%vs 2023+2Biggest increase
Total Liabilities+196%
£15.01K in 2023 to £44.49K in 2025
Biggest decrease
Net Assets-57.5%
£241.36K in 2023 to £102.62K in 2025
SPACEBANDS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPACEBANDS 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
- 69.76%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
- 30.24%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SPACEBANDS 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£ | 118.00K | 125.92K | 241.36K | 49.76K | 102.62K |
| Total Assets£ | 208.27K | 147.20K | 256.37K | 71.25K | 147.11K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 90.27K | 21.28K | 15.01K | 21.49K | 44.49K |
| Employees | 0 | 3 | 3 | 5 | 5 |
SPACEBANDS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPACEBANDS LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
SPACEBANDS LTD reported net assets of £102.62K for 2025. That compares with £49.76K in 2024, a change of 106.23%.
SPACEBANDS LTD reported total assets of £147.11K for 2025. That compares with £71.25K in 2024, a change of 106.48%.
SPACEBANDS LTD reported total liabilities of £44.49K for 2025. That compares with £21.49K in 2024, a change of 107.06%.
SPACEBANDS LTD reported 5 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, SPACEBANDS LTD's net assets fell by 57.5%, total assets fell by 42.6%, total liabilities rose by 196% and employee numbers rose by 66.7%. Net assets contracted at 34.8% a year across the two years to 2025, from £241.36K to £102.62K. Reported headcount went from 3 in 2023 to 5 in 2025 (+2).
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.