Space Direct Ltd
Registered name: SPACE DIRECT LTD
Space Direct Ltd made £21.7k revenue and £105 profit in the year to 31 May 2025.
Space Direct Ltd’s revenue fell 65% to £21.7k in the year to 31 May 2025, with £105 profit and 1 employee. The company is classified under “development of building projects” and is based in Gateshead; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Gateshead, North East
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £40k | £61.4k | £21.7k |
| Cost of sales | — | £32.8k | £75.9k | £21.6k |
| Gross profit | — | £7.2k | −£14.5k | £105 |
| Operating profit | — | £2k | −£14.5k | £105 |
| Profit before tax | — | £2k | −£14.5k | £105 |
| Profit after tax | — | £2k | −£14.5k | £105 |
| Profit (best available) | — | £2k | −£14.5k | £105 |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | 5% | −23.5% | 0.5% |
| Gross margin | — | 17.9% | −23.5% | 0.5% |
| Revenue per employee | — | £40k | £61.4k | £21.7k |
| Profit per employee | — | £2k | −£14.5k | £105 |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲53.6% | ▼64.7% |
| Profit growth | — | — | ▼823.4% | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9k | £745 | £40 | £1.2k |
| Net assets | −£19.9k | −£17.9k | £15.5k | £13.2k |
| Fixed assets | £3.8k | £10.4k | £15.5k | £12k |
| Current assets | £54.5k | £45.3k | £40 | £1.2k |
| Debtors | £52.6k | £44.6k | — | — |
| Source | AbridgedAccounts · bulk data Feb 2024 | AbridgedAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0.5%
- Profit ÷ revenue.
- Gross margin
- 0.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £21.7k
- Revenue ÷ average employees.
- Profit per employee
- £105
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 55.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼15%
- Now £13.2k
- Cash at bank
- ▲2908%
- Now £1.2k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼23%
- Now £12k
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £105), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.