Company Overview
The Lab Developments (Creative Living) Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 25 October 2002, so this is a well established company. The Lab Developments (Creative Living) Ltd has been in business for 23 years and 5 months. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

1 Vincent Square, London, SW1P 2PN
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Companies House Data
Company NameTHE LAB DEVELOPMENTS (CREATIVE LIVING) LTD
Company Number04573655
Registered Office Address1 Vincent Square
 SW1P 2PN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/10/2002
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/11/2016
Returns Last Made Up Date25/10/2015
Previous Company NameChanged Date
SPACELAB DEVELOPMENTS LTD.06 Aug 2020
Directors & Members
Show Resigned
Andrew Budgen - Director
(British, 54 years old, born August 1972)
Appointed 25 October 2002
 Active
Nathan Lonsdale - Director
(British, 55 years old, born November 1971)
Appointed 25 October 2002
 Active
Secretaries
Show Resigned
Andrew Budgen - Secretary
(British)
Appointed 01 May 2004
 Active
Other Company Directorships
Andrew Budgen
1 STANHOPE GARDENS LIMITED
120 ARCHWAY ROAD LIMITED
42 DEVELOPMENTS LIMITED
BRAEMAR AVENUE LTD
CLARENDON RISE DEVELOPMENTS LIMITED
CREATING SPACE DEVELOPMENTS LTD
EAST STREET PROJECT LTD
ENERGYLAB CONSULTING LTD
FLOURISH DEVELOPMENTS LTD.
HAINAULT ROAD DEVELOPMENTS LTD
INSIDE OUT THINKING LTD
LAB GIVING LTD
LAB LIVING LTD
LABFEST LTD
LABINVEST LTD
LABMADE LTD
LABWARES (CREATIVE LIVING) LTD
PROJECTLAB (UK) LIMITED
RANDALL PLACE DEVELOPMENTS LTD
SENSE (SPACE) LTD
SHOOTERS HILL DEVELOPMENTS LTD
SPACE CREATIVE LOGISTICS LTD
SPACE CREATIVE OPERATIONS LTD
SPACEBOX LTD
SPACELAB PROJECT MANAGEMENT LIMITED
SUITBOX LIMITED
TECHLAB LTD
THE DEPOT LTD
THE LAB (CREATIVE LIVING) LTD
THE LAB FOUNDATION CIC
THE LAB PROPERTIES DEVELOPMENTS LIMITED
THELAB LIMITED
TRANSFORM (SPACE) LIMITED
URBAN STRATEGIC LTD
WEST HAM LANE DEVELOPMENTS LTD
Nathan Lonsdale
1 STANHOPE GARDENS LIMITED
BARNABAS ROAD DEVELOPMENT LIMITED
BRAEMAR AVENUE LTD
CLARENDON RISE DEVELOPMENTS LIMITED
CREATING SPACE DEVELOPMENTS LTD
EAST STREET PROJECT LTD
HAINAULT ROAD DEVELOPMENTS LTD
INSIDE OUT THINKING LTD
JAND DEVELOPMENTS LTD.
LAB GIVING LTD
LAB LIVING LTD
LABFEST LTD
LABINVEST LTD
LABMADE LTD
LABWARES (CREATIVE LIVING) LTD
PNN PREMIER INVESTMENTS LIMITED
PROJECTLAB (UK) LIMITED
QUDOSS UK LIMITED
SENSE (SPACE) LTD
SHOWER LIMITED
SPACE CREATIVE LOGISTICS LTD
SPACE CREATIVE OPERATIONS LTD
SPACE CREATIVE UK LTD.
SPACEBOX LTD
SPACELAB PROJECT MANAGEMENT LIMITED
SPATIAL MANAGEMENT AND RESEARCH TOOL LTD.
TECHLAB LTD
THE DEPOT LTD
THE LAB (CREATIVE LIVING) LTD
THE LAB FOUNDATION CIC
URBAN STRATEGIC DEVELOPMENTS LTD.
URBAN STRATEGIC LTD
URBANLAB LTD.
WEST HAM LANE DEVELOPMENTS LTD
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2020 28-Feb-2019
Balance Sheet
Fixed Assets 3,867,370 3,867,370 3,858,408
Current Assets 1,267,166 1,267,166 1,772,724
Creditors Due Within One Year 538,860 538,860 989,575
Working Cap 728,306 728,306 783,149
Total Assets Less Current Liabilities 4,595,676 4,595,676 4,641,557
Long-term Liabilities 1,580,693 1,580,693 1,668,137
Net Assets 3,014,983 3,014,983 2,973,420
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 3,014,983 3,014,983 2,973,420
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2020 28-Feb-2019
Tangible Fixed Assets - - -
Fixed Assets 75.3% 75.3% 68.5%
Stocks Inventory - - -
Debtors 24.6% 24.6% 31.2%
Cash Bank In Hand 0.1% 0.1% 0.3%
Current Assets 24.7% 24.7% 31.5%
Creditors Due Within One Year 10.5% 10.5% 17.6%
Net Current Assets Liabilities 14.2% 14.2% 13.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 58.7% 58.7% 52.8%
Capital Employed - - -
Total Assets Less Current Liabilities 89.5% 89.5% 82.4%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2020 28-Feb-2019
Liquidity Ratio 2.4 2.4 1.8
Solvency Ratio 2.4 2.4 2.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2020 28-Feb-2019
Assets 5,134,536 5,134,536 5,631,132
Debt 2,119,553 2,119,553 2,657,712
Net Assets/Debt 3,014,983 3,014,983 2,973,420

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 25 October 2025 with updates
Change of details for Mr Nathan Houghton Lonsdale as a person with significant control on 17 September 2025
Director's details changed for Mr Andrew Martin Budgen on 17 September 2025
Director's details changed for Mr Nathan Houghton Lonsdale on 17 September 2025
Secretary's details changed for Mr Andrew Martin Budgen on 17 September 2025
Registered office address changed from 1 Vincent Square London SW1P 2PN United Kingdom to 3rd Floor the Coade 98 Vauxhall Walk London SE11 5EL on 19 September 2025
Change of details for Mr Andrew Martin Budgen as a person with significant control on 17 September 2025
Confirmation statement made on 25 October 2024 with updates
Registered office address changed from 18 Wenlock Road London N1 7TA to 1 Vincent Square London SW1P 2PN on 30 September 2024
Previous accounting period extended from 27 February 2023 to 28 February 2023
Confirmation statement made on 25 October 2023 with updates
Secretary's details changed for Mr Andrew Martin Budgen on 17 March 2023
Director's details changed for Mr Andrew Martin Budgen on 17 March 2023
Secretary's details changed for Mr Andrew Budgen on 16 March 2023
Confirmation statement made on 25 October 2022 with updates
Secretary's details changed for Mr Andrew Budgen on 19 November 2021
Director's details changed for Mr Nathan Houghton Lonsdale on 19 November 2021
Confirmation statement made on 25 October 2021 with updates
Director's details changed for Mr Andrew Martin Budgen on 19 November 2021
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