SPACE 11 ENGINEER LIMITED

Executive Summary

Space 11 Engineer Limited is an early-stage micro-entity operating in the competitive UK IT consultancy sector. Its current financial profile and workforce size are typical for a start-up in this space, reflecting modest scale and capacity. While sector trends offer growth opportunities, the company must leverage niche expertise and agile service delivery to establish itself amid strong competition from larger and more established consultancies.

SPACE 11 ENGINEER LIMITED - Analysis Report

Company Number: 14555408

Analysis Date: 2025-07-20 11:32 UTC

1. Industry Classification
   Space 11 Engineer Limited operates primarily in the sector defined by SIC code 62020: Information technology consultancy activities. This sector encompasses firms providing expert advice and assistance in IT strategy, systems integration, software implementation, and related technology consultancy services. The industry is characterized by rapid innovation cycles, a strong emphasis on digital transformation, and a competitive landscape dominated by both large multinational consultancies and numerous small niche players. Companies in this sector often rely heavily on skilled human capital and intellectual property rather than substantial physical assets.

2. Relative Performance
   As a micro-entity incorporated in late 2022, Space 11 Engineer Limited is at a nascent stage with modest financial metrics in line with typical early-stage IT consultancies in the UK. The balance sheet shows net assets of £2,963, predominantly current assets exceeding current liabilities by £1,395, and very limited fixed assets (£1,568), which is common given the consultancy nature of the business. With only one employee (the director), this is consistent with industry norms for micro entities just entering the market. Compared to typical industry benchmarks, where turnover and profitability scale with client acquisition and project delivery, this company is still establishing its operational base and client portfolio.

3. Sector Trends Impact
   The UK IT consultancy sector is currently influenced by several key trends: increasing demand for digital transformation driven by cloud adoption, cybersecurity needs, AI integration, and hybrid work solutions. Additionally, the sector faces talent shortages and pricing pressures from both large consultancies and agile startups. For a micro-entity like Space 11 Engineer Limited, these trends present both opportunities and challenges. The growing market demand creates scope for rapid growth, but competition and the need for specialized skills may constrain initial expansion. The company’s small scale and limited financial resources mean it must focus on niche expertise or localised client engagements to gain traction.

4. Competitive Positioning
   Space 11 Engineer Limited is clearly a niche micro player within the vast UK IT consultancy ecosystem. The company’s strengths include a lean cost structure and agility typical of small consultancies, allowing for personalized client service and flexibility. However, its weaknesses lie in limited scale, minimal financial reserves, and a single-person workforce, which restricts capacity to take on multiple or large projects concurrently. Compared to larger competitors with extensive resources, brand recognition, and diversified service lines, Space 11 Engineer Limited must differentiate through specialized knowledge or local market focus. Strategic partnerships or gradual scaling of human capital would be critical to improving competitive positioning.