spey control systems limited
spey control systems limited Company Information
Company Number
01248006
Next Accounts
Dec 2024
Industry
Machining
Directors
Shareholders
michael john baacke
Group Structure
View All
Contact
Registered Address
unit 2, tabrums farm battlesbridge, essex, SS11 7QX
Website
http://mpcuk.co.ukspey control systems limited Estimated Valuation
Pomanda estimates the enterprise value of SPEY CONTROL SYSTEMS LIMITED at £383 based on a Turnover of £996 and 0.39x industry multiple (adjusted for size and gross margin).
spey control systems limited Estimated Valuation
Pomanda estimates the enterprise value of SPEY CONTROL SYSTEMS LIMITED at £0 based on an EBITDA of £-394 and a 3.15x industry multiple (adjusted for size and gross margin).
spey control systems limited Estimated Valuation
Pomanda estimates the enterprise value of SPEY CONTROL SYSTEMS LIMITED at £65k based on Net Assets of £37.6k and 1.73x industry multiple (adjusted for liquidity).
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Spey Control Systems Limited Overview
Spey Control Systems Limited is a live company located in essex, SS11 7QX with a Companies House number of 01248006. It operates in the machining sector, SIC Code 25620. Founded in March 1976, it's largest shareholder is michael john baacke with a 100% stake. Spey Control Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £996.1 with declining growth in recent years.
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Spey Control Systems Limited Health Check
Pomanda's financial health check has awarded Spey Control Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £996.1, make it smaller than the average company (£9.1m)
- Spey Control Systems Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (0.8%)
- Spey Control Systems Limited
0.8% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Spey Control Systems Limited
27.9% - Industry AVG
Profitability
an operating margin of -39.6% make it less profitable than the average company (6.5%)
- Spey Control Systems Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (69)
- Spey Control Systems Limited
69 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Spey Control Systems Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £996.1, this is less efficient (£124.9k)
- Spey Control Systems Limited
£124.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Spey Control Systems Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (52 days)
- Spey Control Systems Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spey Control Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 475 weeks, this is more cash available to meet short term requirements (10 weeks)
475 weeks - Spey Control Systems Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (48.5%)
0.5% - Spey Control Systems Limited
48.5% - Industry AVG
SPEY CONTROL SYSTEMS LIMITED financials
Spey Control Systems Limited's latest turnover from March 2023 is estimated at £996 and the company has net assets of £37.6 thousand. According to their latest financial statements, we estimate that Spey Control Systems Limited has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 | 3,089 |
| Debtors (Due After 1 year) | 27,276 | 38,830 | 35,191 | 35,650 | 35,060 | 34,347 | 36,619 | 35,405 | 37,094 | 37,401 | 34,220 | 38,233 | 38,526 | 38,131 |
| Total Fixed Assets | 30,365 | 41,919 | 38,280 | 38,739 | 38,149 | 37,436 | 39,708 | 38,494 | 40,183 | 40,490 | 37,309 | 41,322 | 41,615 | 41,220 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,606 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,828 | 591 | 197 | 156 | 1,074 | 2,110 | 156 | 1,683 | 305 | 306 | 3,790 | 80 | 88 | 785 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,434 | 591 | 197 | 156 | 1,074 | 2,110 | 156 | 1,683 | 305 | 306 | 3,790 | 80 | 88 | 785 |
| total assets | 37,799 | 42,510 | 38,477 | 38,895 | 39,223 | 39,546 | 39,864 | 40,177 | 40,488 | 40,796 | 41,099 | 41,402 | 41,703 | 42,005 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 200 | 199 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 199 | 200 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 4,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 200 | 4,568 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 199 | 200 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 200 | 4,568 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 199 | 200 |
| net assets | 37,599 | 37,942 | 38,277 | 38,695 | 39,023 | 39,346 | 39,664 | 39,977 | 40,288 | 40,596 | 40,899 | 41,202 | 41,504 | 41,805 |
| total shareholders funds | 37,599 | 37,942 | 38,277 | 38,695 | 39,023 | 39,346 | 39,664 | 39,977 | 40,288 | 40,596 | 40,899 | 41,202 | 41,504 | 41,805 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,948 | 3,639 | -459 | 590 | 713 | -2,272 | 1,214 | -1,689 | -307 | 3,181 | -4,013 | -293 | 395 | 38,131 |
| Creditors | 1 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 | 200 |
| Accruals and Deferred Income | -4,369 | 4,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,089 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,237 | 394 | 41 | -918 | -1,036 | 1,954 | -1,527 | 1,378 | -1 | -3,484 | 3,710 | -8 | -697 | 785 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,237 | 394 | 41 | -918 | -1,036 | 1,954 | -1,527 | 1,378 | -1 | -3,484 | 3,710 | -8 | -697 | 785 |
spey control systems limited Credit Report and Business Information
Spey Control Systems Limited Competitor Analysis
Perform a competitor analysis for spey control systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in SS11 area or any other competitors across 12 key performance metrics.
spey control systems limited Ownership
SPEY CONTROL SYSTEMS LIMITED group structure
Spey Control Systems Limited has 1 subsidiary company.
Ultimate parent company
SPEY CONTROL SYSTEMS LIMITED
01248006
1 subsidiary
spey control systems limited directors
Spey Control Systems Limited currently has 1 director, Mr Michael Baacke serving since Mar 2001.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Baacke | United Kingdom | 61 years | Mar 2001 | - | Director |
P&L
March 2023turnover
996.1
0%
operating profit
-394.4
0%
gross margin
28%
-2.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
37.6k
-0.01%
total assets
37.8k
-0.11%
cash
1.8k
+2.09%
net assets
Total assets minus all liabilities
spey control systems limited company details
company number
01248006
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
March 1976
age
48
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
unit 2, tabrums farm battlesbridge, essex, SS11 7QX
Bank
LLOYDS BANK
Legal Advisor
-
spey control systems limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to spey control systems limited. Currently there are 4 open charges and 3 have been satisfied in the past.
spey control systems limited Companies House Filings - See Documents
| date | description | view/download |
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