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SPACEMATE MATERIAL HANDLING LIMITED Financials

Company number
09430325Copy
Copy
Registered office
C/O Menzies Llp One Express, 1 George Leigh Street, Manchester, Greater Manchester M4 5DL
Incorporated
09/02/2015

Company snapshot

Status
Active
Employees
2 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-9.18K2024
-924.33%vs 2023

2023: £1.11K

Total Assets

£52.00K2024
-51.75%vs 2023

2023: £107.77K

Total Liabilities

£61.18K2024
-42.64%vs 2023

2023: £106.66K

Employees

22024
-2vs 2023

2023: 4

In 2024, SPACEMATE MATERIAL HANDLING LIMITED reported net assets of £-9.18K. The same filing shows total assets of £52.00K and total liabilities of £61.18K. Reported headcount was 2 in 2024. Total Assets fell from £107.77K in 2023 to £52.00K in 2024 (-51.75%). Okredo holds filed figures for 2021–2024; 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

£-9.18K2024
-924.33%from £1.11K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures SPACEMATE MATERIAL HANDLING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£22.02K2022£-9.18K2024
-142%vs 2022

Total Assets

£130.72K2022£52.00K2024
-60.2%vs 2022

-36.9% a year compound (CAGR)

Total Liabilities

£108.71K2022£61.18K2024
-43.7%vs 2022

-25% a year compound (CAGR)

Employees

4202222024
-50%vs 2022-2

Biggest decrease

Net Assets-142%

£22.02K in 2022 to £-9.18K in 2024

Every indicator Okredo holds for SPACEMATE MATERIAL HANDLING LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPACEMATE MATERIAL HANDLING LIMITED'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
-17.66%2024
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
117.66%2024
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 SPACEMATE MATERIAL HANDLING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£6.14K22.02K1.11K-9.18K
Total Assets£155.30K130.72K107.77K52.00K
Cash in Bank£––––
Total Liabilities£149.16K108.71K106.66K61.18K
Employees4442

SPACEMATE MATERIAL HANDLING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPACEMATE MATERIAL HANDLING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

SPACEMATE MATERIAL HANDLING LIMITED reported net assets of £-9.18K for 2024. That compares with £1.11K in 2023, a change of -924.33%.

SPACEMATE MATERIAL HANDLING LIMITED reported total assets of £52.00K for 2024. That compares with £107.77K in 2023, a change of -51.75%.

SPACEMATE MATERIAL HANDLING LIMITED reported total liabilities of £61.18K for 2024. That compares with £106.66K in 2023, a change of -42.64%.

SPACEMATE MATERIAL HANDLING LIMITED reported 2 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, SPACEMATE MATERIAL HANDLING LIMITED's net assets fell by 142%, total assets fell by 60.2%, total liabilities fell by 43.7% and employee numbers fell by 50%. Total assets contracted at 36.9% a year across the two years to 2024, from £130.72K to £52.00K. Reported headcount went from 4 in 2022 to 2 in 2024 (-2).

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