Pomanda estimates the enterprise value of SPIRE TECHNOLOGY LIMITED at £24.3m based on a Turnover of £69.7m and 0.35x industry multiple (adjusted for size and gross margin).
spire technology limitedEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of SPIRE TECHNOLOGY LIMITED at £4.4m based on an EBITDA of £901.1k and a 4.87x industry multiple (adjusted for size and gross margin).
spire technology limitedEstimated Valuation
£18.3m
Pomanda estimates the enterprise value of SPIRE TECHNOLOGY LIMITED at £18.3m based on Net Assets of £10.7m and 1.72x industry multiple (adjusted for liquidity).
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Spire Technology LimitedOverview
Spire Technology Limited is a live company located in verwood, BH31 6AX with a Companies House number of 02447513. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in November 1989, it's largest shareholder is
stl holdco limited
with a 100% stake. Spire Technology Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£69.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Spire Technology Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £96m, make it larger than the average company (£20.2m)
£96m - Spire Technology Limited
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7.4%)
-6% - Spire Technology Limited
7.4% - Industry AVG
Production
with a gross margin of 5.9%, this company has a higher cost of product (20%)
5.9% - Spire Technology Limited
20% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (2.9%)
1.4% - Spire Technology Limited
2.9% - Industry AVG
Employees
with 73 employees, this is above the industry average (42)
73 - Spire Technology Limited
42 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has a lower pay structure (£63.1k)
£49.4k - Spire Technology Limited
£63.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£541.8k)
£1.3m - Spire Technology Limited
£541.8k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (45 days)
51 days - Spire Technology Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (33 days)
52 days - Spire Technology Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is more than average (26 days)
32 days - Spire Technology Limited
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is average cash available to meet short term requirements (15 weeks)
14 weeks - Spire Technology Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.1%, this is a similar level of debt than the average (61%)
64.1% - Spire Technology Limited
61% - Industry AVG
SPIRE TECHNOLOGY LIMITED financials
EXPORT
Spire Technology Limited's latest turnover from December 2024 is £69.7 million and the company has net assets of £10.7 million. According to their latest financial statements, Spire Technology Limited has 75 employees and maintains cash reserves of £8.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2024
Apr 2024
Apr 2023
Apr 2022
Apr 2021
May 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
May 2015
May 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
69,749,048
95,959,379
103,243,454
106,215,212
116,153,467
77,327,835
56,246,604
54,528,172
42,751,637
33,942,794
33,008,749
31,212,228
27,063,623
20,169,573
18,501,711
20,588,586
Other Income Or Grants
Cost Of Sales
66,230,251
90,333,639
97,410,277
99,747,515
108,649,612
73,223,185
53,345,205
51,384,400
40,247,264
31,908,861
30,929,126
29,193,582
25,017,868
18,298,977
16,948,016
18,647,868
Gross Profit
3,518,797
5,625,740
5,833,177
6,467,697
7,503,855
4,104,650
2,901,399
3,143,772
2,504,373
2,033,933
2,079,623
2,018,646
2,045,755
1,870,596
1,553,695
1,940,718
Admin Expenses
2,629,760
4,314,581
4,269,669
4,318,313
4,108,257
2,650,521
2,451,379
2,587,020
2,120,696
1,862,653
1,815,484
1,790,821
1,824,002
1,638,281
1,454,892
1,750,675
Operating Profit
889,037
1,311,159
1,563,508
2,149,384
3,395,598
1,454,129
450,020
556,752
383,677
171,280
264,139
227,825
221,753
232,315
98,803
190,043
Interest Payable
604
Interest Receivable
72,515
100,436
66,986
1,280
10,176
8,800
1,154
2,544
4,562
5,512
19,065
21,452
26,498
48,099
Pre-Tax Profit
961,552
1,411,595
1,630,494
2,150,664
3,394,994
1,464,305
458,820
557,906
386,221
175,842
269,381
233,337
240,818
253,767
125,301
238,142
Tax
-243,292
-373,126
-325,279
-432,873
-652,666
-302,361
-82,107
-111,859
-77,645
-18,639
-60,566
-57,186
-63,022
-54,632
-39,808
-52,209
Profit After Tax
718,260
1,038,469
1,305,215
1,717,791
2,742,328
1,161,944
376,713
446,047
308,576
157,203
208,815
176,151
177,796
199,135
85,493
185,933
Dividends Paid
1,523,377
523,091
570,451
194,200
191,200
189,200
194,800
1,055,600
59,000
67,200
47,800
67,200
67,200
67,200
61,600
Retained Profit
718,260
-484,908
782,124
1,147,340
2,548,128
970,744
187,513
251,247
-747,024
98,203
141,615
128,351
110,596
131,935
18,293
124,333
Employee Costs
2,010,587
3,608,885
3,588,019
3,760,302
3,509,465
2,098,708
2,085,009
2,222,668
1,712,010
1,523,849
1,510,745
1,470,062
1,480,268
1,390,085
1,198,440
1,481,853
Number Of Employees
75
73
63
66
66
57
52
52
48
45
44
42
41
38
38
39
EBITDA*
901,139
1,342,136
1,613,977
2,204,188
3,447,171
1,501,810
491,240
598,638
424,876
206,211
294,028
260,019
253,842
263,513
132,283
223,781
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2024
Apr 2024
Apr 2023
Apr 2022
Apr 2021
May 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
May 2015
May 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
31,749
27,229
1,301,289
1,351,758
1,406,562
1,380,337
1,428,018
1,399,117
1,441,003
1,431,586
1,437,182
774,584
806,778
822,868
830,441
853,171
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
31,749
27,229
1,301,289
1,351,758
1,406,562
1,380,337
1,428,018
1,399,117
1,441,003
1,431,586
1,437,182
774,584
806,778
822,868
830,441
853,171
Stock & work in progress
8,140,060
8,036,147
7,431,212
5,904,246
6,638,365
3,393,940
3,092,044
2,955,395
2,382,378
2,012,014
1,812,045
1,222,487
1,182,174
813,756
987,957
863,184
Trade Debtors
14,873,481
13,586,802
11,937,991
9,819,315
10,623,227
7,075,737
4,405,031
4,025,777
3,554,897
2,515,922
2,616,543
2,934,574
2,824,271
1,780,371
1,534,166
1,611,594
Group Debtors
64,800
Misc Debtors
1,007,397
1,155,483
878,517
455,127
133,476
650,662
509,548
416,524
369,080
987,617
142,208
80,236
64,771
61,676
59,490
53,447
Cash
8,078,817
4,911,695
10,711,226
9,458,878
15,482,746
6,400,261
3,280,216
4,010,331
2,490,324
2,240,046
3,144,606
3,137,293
2,654,471
3,156,890
3,443,986
3,530,334
misc current assets
total current assets
32,099,755
27,690,127
30,958,946
25,637,566
32,877,814
17,520,600
11,286,839
11,408,027
8,796,679
7,755,599
7,780,202
7,374,590
6,725,687
5,812,693
6,025,599
6,058,559
total assets
32,131,504
27,717,356
32,260,235
26,989,324
34,284,376
18,900,937
12,714,857
12,807,144
10,237,682
9,187,185
9,217,384
8,149,174
7,532,465
6,635,561
6,856,040
6,911,730
Bank overdraft
4,085
3,939
503
Bank loan
1,427
Trade Creditors
17,753,599
13,108,771
16,748,840
12,006,860
18,113,807
9,011,439
5,022,065
5,112,940
4,032,644
3,025,316
2,959,258
3,028,991
2,310,244
1,748,053
2,240,418
2,262,860
Group/Directors Accounts
3,228
250,103
99,214
169,988
134,813
other short term finances
hp & lease commitments
other current liabilities
3,705,393
4,654,333
5,072,235
5,325,428
7,660,873
3,927,930
2,701,968
2,890,893
1,652,974
862,781
1,057,241
725,024
705,880
632,798
425,509
512,728
total current liabilities
21,458,992
17,763,104
21,821,075
17,332,288
25,774,680
12,939,369
7,724,033
8,003,833
5,685,618
3,888,097
4,016,499
3,758,670
3,270,312
2,484,004
2,836,418
2,910,401
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
21,458,992
17,763,104
21,821,075
17,332,288
25,774,680
12,939,369
7,724,033
8,003,833
5,685,618
3,888,097
4,016,499
3,758,670
3,270,312
2,484,004
2,836,418
2,910,401
net assets
10,672,512
9,954,252
10,439,160
9,657,036
8,509,696
5,961,568
4,990,824
4,803,311
4,552,064
5,299,088
5,200,885
4,390,504
4,262,153
4,151,557
4,019,622
4,001,329
total shareholders funds
10,672,512
9,954,252
10,439,160
9,657,036
8,509,696
5,961,568
4,990,824
4,803,311
4,552,064
5,299,088
5,200,885
4,390,504
4,262,153
4,151,557
4,019,622
4,001,329
Dec 2024
Apr 2024
Apr 2023
Apr 2022
Apr 2021
May 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
May 2015
May 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
889,037
1,311,159
1,563,508
2,149,384
3,395,598
1,454,129
450,020
556,752
383,677
171,280
264,139
227,825
221,753
232,315
98,803
190,043
Depreciation
12,102
30,977
50,469
54,804
51,573
47,681
41,220
41,886
41,199
34,931
29,889
32,194
32,089
31,198
33,480
33,738
Amortisation
Tax
-243,292
-373,126
-325,279
-432,873
-652,666
-302,361
-82,107
-111,859
-77,645
-18,639
-60,566
-57,186
-63,022
-54,632
-39,808
-52,209
Stock
708,848
604,935
1,526,966
-734,119
3,244,425
301,896
136,649
573,017
370,364
199,969
589,558
40,313
368,418
-174,201
124,773
863,184
Debtors
3,064,370
1,925,777
2,542,066
-482,261
3,030,304
2,811,820
472,278
518,324
420,438
679,988
-191,259
125,768
1,046,995
248,391
-71,385
1,665,041
Creditors
1,004,759
-3,640,069
4,741,980
-6,106,947
9,102,368
3,989,374
-90,875
1,080,296
1,007,328
66,058
-69,733
718,747
562,191
-492,365
-22,442
2,262,860
Accruals and Deferred Income
-1,366,842
-417,902
-253,193
-2,335,445
3,732,943
1,225,962
-188,925
1,237,919
790,193
-194,460
332,217
19,144
73,082
207,289
-87,219
512,728
Deferred Taxes & Provisions
Cash flow from operations
-3,477,454
-5,619,673
1,708,453
-5,454,697
9,355,087
3,301,069
-479,594
1,713,653
1,353,950
-820,787
97,647
774,643
-589,320
-150,385
-70,574
418,935
Investing Activities
capital expenditure
24,093
12,250
-20,221
-11,999
-14,025
-10,750
Change in Investments
cash flow from investments
24,093
12,250
-20,221
-11,999
-14,025
-10,750
Financing Activities
Bank loans
-1,427
1,427
Group/Directors Accounts
-3,228
-246,875
150,889
-70,774
35,175
134,813
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-484,908
668,766
3,876,996
interest
72,515
100,436
66,986
1,280
-604
10,176
8,800
1,154
2,544
4,562
5,512
19,065
21,452
26,498
48,099
cash flow from financing
-412,393
100,436
66,986
1,280
-604
10,176
8,800
1,154
2,544
4,562
664,111
-239,936
169,954
-49,322
61,673
4,059,908
cash and cash equivalents
cash
-2,632,409
-5,799,531
1,252,348
-6,023,868
9,082,485
3,120,045
-730,115
1,520,007
250,278
-904,560
7,313
482,822
-502,419
-287,096
-86,348
3,530,334
overdraft
-4,085
146
3,436
503
change in cash
-2,632,409
-5,799,531
1,252,348
-6,023,868
9,082,485
3,120,045
-730,115
1,520,007
250,278
-904,560
7,313
486,907
-502,565
-290,532
-86,851
3,530,334
spire technology limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spire technology limited. Get real-time insights into spire technology limited's credit score, group structure and payment trends.
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spire technology limited Ownership
SPIRE TECHNOLOGY LIMITED group structure
Spire Technology Limited has no subsidiary companies.
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 6 charges/mortgages relating to spire technology limited. Currently there are 2 open charges and 4 have been satisfied in the past.
spire technology limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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spire technology limitedCompanies House Filings - See Documents
