Sense (space) Ltd

Sense Space Ltd from London UK: small company, active status, founded 5 years ago, 5 employees, £62,863 assets, virtual address, 2 directors, 2 owners. Irregular importer of electrical machinery and equipment (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £62,863.

Based in London, Sense Space Ltd operates as an award-winning architectural practice, focusing on education, commercial, and residential projects. Their website showcases a diverse portfolio, ranging from school expansions and sports club redevelopments to bespoke new homes and heritage building restorations. They even have a presence in high-profile projects like Grand Designs, Hull 2019, and have a showroom in Harrods. The company's London office is located in The Stanley Building, Pancras Square, while their design studio is situated in Ilkley, 16 miles from Leeds city centre. They offer technical consultancy and even expert witness services in construction-related litigation.

The company’s website clearly indicates a focus on design and project delivery, with a strong emphasis on client testimonials and a detailed breakdown of their services. It’s not an e-commerce operation; instead, it functions as a showcase for their architectural expertise and a point of contact for potential clients. The website highlights the company’s award-winning status and its commitment to “life-enhancing design.”

Financially, Sense Space Ltd presents a mixed picture. While its assets remain relatively stable at £62,863, there’s a concerning trend of declining net assets, plummeting from -£120,000 to -£320,000. Cash reserves have also taken a hit, falling from £110 to £2,400. Trade debtors have decreased significantly, suggesting better management of customer payments. However, the substantial increase in creditors, rising from £250,000 to £130,000, indicates a reliance on short-term borrowing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the substantial equity drop warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s irregular import activity, with just one month of electrical machinery imports recorded in 2022, is an unusual detail that doesn’t seem directly related to their core architectural business.

Registered in England/Wales under the registration number 12025982, with a registered address at SW1P 2PN, United Kingdom, London, 1 Vincent Square.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.