Cadspec Ltd

POWER SEARCH PRICING

SOLUTIONS

cadspec ltd Company Information

Live

MatureSmallLow

Company Number

02829887

Website

http://stanfordmarsh.co.uk

Registered Address

haycroft works warndon business, park buckholt drive warndon, industrial estate worcester, worcestershire, WR4 9ND

Industry

Business and domestic software development

Telephone

01905458000

Next Accounts Due

October 2024

Group Structure

View All

Directors

Jonathan Marsh16 Years

Adrian Painter14 Years

View All

Shareholders

stanford marsh ltd 100%

cadspec ltd Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of CADSPEC LTD at £2.8m based on a Turnover of £3.2m and 0.88x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Cadspec Ltd is a live company located in industrial estate worcester, WR4 9ND with a Companies House number of 02829887. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 1993, it's largest shareholder is stanford marsh ltd with a 100% stake. Cadspec Ltd is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cadspec Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

4 Strong

4 Regular

3 Weak

Size

annual sales of £3.2m, make it in line with the average company (£3.1m)

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.6%)

EXPORT

Cadspec Ltd's latest turnover from January 2023 is estimated at £3.2 million and the company has net assets of £1.7 million. According to their latest financial statements, Cadspec Ltd has 18 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	3,241,561	2,527,806	2,714,180	3,188,596	2,390,262	2,556,851	2,238,833	2,492,901	3,355,678	3,864,698	4,377,895	3,158,865	1,591,486	1,842,242
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	899,360	653,176	732,176	825,342	595,207	661,107	573,911	629,283	819,786	963,054	1,061,785	763,319	365,350	519,434
Gross Profit	2,342,201	1,874,629	1,982,005	2,363,254	1,795,056	1,895,744	1,664,923	1,863,618	2,535,893	2,901,643	3,316,110	2,395,547	1,226,136	1,322,809
Admin Expenses	2,234,506	1,475,600	1,557,771	2,036,167	1,875,892	1,900,360	1,572,064	1,740,706	2,460,443	2,678,733	3,017,811	2,255,675	1,392,975	1,194,305
Operating Profit	107,695	399,029	424,234	327,087	-80,836	-4,616	92,859	122,912	75,450	222,910	298,299	139,872	-166,839	128,504
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	63,750	3,549	1,163	6,842	5,519	3,614	1,921	3,909	3,153	2,342	1,034	374	847	481
Pre-Tax Profit	171,446	402,578	425,398	333,930	-75,317	-1,002	94,780	126,821	78,604	225,252	299,333	140,246	-165,992	128,985
Tax	-32,575	-76,490	-80,826	-63,447	0	0	-18,956	-25,364	-16,507	-51,808	-71,840	-36,464	0	-36,116
Profit After Tax	138,871	326,088	344,572	270,483	-75,317	-1,002	75,824	101,457	62,097	173,444	227,493	103,782	-165,992	92,869
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	138,871	326,088	344,572	270,483	-75,317	-1,002	75,824	101,457	62,097	173,444	227,493	103,782	-165,992	92,869
Employee Costs	1,188,443	974,011	914,390	1,059,987	1,026,255	807,186	850,241	863,778	1,677,382	1,957,475	2,244,015	1,598,582	814,141	975,314
Number Of Employees	18	16	16	18	17	14	15	16	31	36	43	31	16	20
EBITDA*	134,955	426,488	451,928	328,290	-79,591	-3,595	94,061	122,912	75,817	222,910	298,299	139,872	-166,839	131,180

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	6,403	7,533	8,862	10,426	7,295	5,789	6,810	8,012	9,428	0	0	0	0	0
Intangible Assets	182,910	209,040	235,170	261,300	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	189,313	216,573	244,032	271,726	7,295	5,789	6,810	8,012	9,428	0	0	0	0	0
Stock & work in progress	0	0	0	56,560	0	0	61,291	148	0	71,295	7,996	24,089	2,960	9,386
Trade Debtors	784,414	578,339	659,917	833,577	566,258	666,228	510,604	576,889	603,089	681,394	767,964	576,131	273,286	311,797
Group Debtors	184,035	251,124	401,119	4,016	0	0	0	0	0	0	0	0	0	0
Misc Debtors	126,416	95,608	100,016	27,130	24,033	64,861	66,202	55,349	37,854	0	0	0	0	0
Cash	2,040,343	1,602,534	1,236,516	1,090,105	734,499	737,258	708,327	828,561	735,102	526,281	410,424	3,248	146,489	192,349
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,135,208	2,527,605	2,397,568	2,011,388	1,324,790	1,468,347	1,346,424	1,460,947	1,376,045	1,278,970	1,186,384	603,468	422,735	513,532
total assets	3,324,521	2,744,178	2,641,600	2,283,114	1,332,085	1,474,136	1,353,234	1,468,959	1,385,473	1,278,970	1,186,384	603,468	422,735	513,532
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	712,007	473,919	885,140	773,417	518,978	408,958	474,657	427,587	637,145	827,374	908,232	552,809	475,858	400,663
Group/Directors Accounts	525,870	332,327	0	411,191	27,610	50,663	10,250	145,134	51,536	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	391,496	381,387	525,620	212,200	169,602	323,559	176,450	279,202	181,213	0	0	0	0	0
total current liabilities	1,629,373	1,187,633	1,410,760	1,396,808	716,190	783,180	661,357	851,923	869,894	827,374	908,232	552,809	475,858	400,663
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	479	747	1,130	1,168	1,240	984	903	1,886	1,886	0	0	0	0	0
total long term liabilities	479	747	1,130	1,168	1,240	984	903	1,886	1,886	0	0	0	0	0
total liabilities	1,629,852	1,188,380	1,411,890	1,397,976	717,430	784,164	662,260	853,809	871,780	827,374	908,232	552,809	475,858	400,663
net assets	1,694,669	1,555,798	1,229,710	885,138	614,655	689,972	690,974	615,150	513,693	451,596	278,152	50,659	-53,123	112,869
total shareholders funds	1,694,669	1,555,798	1,229,710	885,138	614,655	689,972	690,974	615,150	513,693	451,596	278,152	50,659	-53,123	112,869

	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	107,695	399,029	424,234	327,087	-80,836	-4,616	92,859	122,912	75,450	222,910	298,299	139,872	-166,839	128,504
Depreciation	1,130	1,329	1,564	1,203	1,245	1,021	1,202	0	367	0	0	0	0	2,676
Amortisation	26,130	26,130	26,130	0	0	0	0	0	0	0	0	0	0	0
Tax	-32,575	-76,490	-80,826	-63,447	0	0	-18,956	-25,364	-16,507	-51,808	-71,840	-36,464	0	-36,116
Stock	0	0	-56,560	56,560	0	-61,291	61,143	148	-71,295	63,299	-16,093	21,129	-6,426	9,386
Debtors	169,794	-235,981	296,329	274,432	-140,798	154,283	-55,432	-8,705	-40,451	-86,570	191,833	302,845	-38,511	311,797
Creditors	238,088	-411,221	111,723	254,439	110,020	-65,699	47,070	-209,558	-190,229	-80,858	355,423	76,951	75,195	400,663
Accruals and Deferred Income	10,109	-144,233	313,420	42,598	-153,957	147,109	-102,752	97,989	181,213	0	0	0	0	0
Deferred Taxes & Provisions	-268	-383	-38	-72	256	81	-983	0	1,886	0	0	0	0	0
Cash flow from operations	180,515	30,142	556,438	230,816	17,526	-15,096	12,729	-5,464	163,926	113,515	406,142	-143,615	-46,707	174,544
Investing Activities
capital expenditure	0	0	0	-265,634	-2,751	0	0	1,416	-9,795	0	0	0	0	-2,676
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	-265,634	-2,751	0	0	1,416	-9,795	0	0	0	0	-2,676
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	193,543	332,327	-411,191	383,581	-23,053	40,413	-134,884	93,598	51,536	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	0	0	0	0	0	0	0	0	0	0	0	0	0	20,000
interest	63,750	3,549	1,163	6,842	5,519	3,614	1,921	3,909	3,153	2,342	1,034	374	847	481
cash flow from financing	257,293	335,876	-410,028	390,423	-17,534	44,027	-132,963	97,507	54,689	2,342	1,034	374	847	20,481
cash and cash equivalents
cash	437,809	366,018	146,411	355,606	-2,759	28,931	-120,234	93,459	208,821	115,857	407,176	-143,241	-45,860	192,349
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	437,809	366,018	146,411	355,606	-2,759	28,931	-120,234	93,459	208,821	115,857	407,176	-143,241	-45,860	192,349

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cadspec ltd. Get real-time insights into cadspec ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cadspec ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WR4 area or any other competitors across 12 key performance metrics.

CADSPEC LTD group structure

Cadspec Ltd has 1 subsidiary company.

Ultimate parent company

STANFORD MARSH LIMITED

00838089

1 parent

CADSPEC LTD

02829887

1 subsidiary

ENVISAGE U.K. LIMITED

02962716

CADSPEC LTD Shareholders

stanford marsh ltd

100%

Cadspec Ltd currently has 3 directors. The longest serving directors include Mr Jonathan Marsh (Dec 2007) and Mr Adrian Painter (Sep 2010).

officer	country	age	start	end	role
Mr Jonathan Marsh	United Kingdom	60 years	Dec 2007	-	Director
Mr Adrian Painter		55 years	Sep 2010	-	Director
Mr Matthew Perkins		53 years	Sep 2010	-	Director

P&L

January 2023

turnover

3.2m

+28%

operating profit

107.7k

gross margin

72.3%

-2.57%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2023

net assets

1.7m

+0.09%

total assets

3.3m

+0.21%

cash

+0.27%

net assets

Total assets minus all liabilities

Similar Companies

riskbusiness services limited

3.5

ax innovation limited

protean software limited

3.5

cedar bay (europe) limited

4.5

ripjar ltd

company number

02829887

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

June 1993

accounts

Small Company

ultimate parent company

STANFORD MARSH LIMITED

previous names

3 ways design consultancy limited (February 2008)

victorycode limited (October 1993)

last accounts submitted

January 2023

address

haycroft works warndon business, park buckholt drive warndon, industrial estate worcester, worcestershire, WR4 9ND

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 2 charges/mortgages relating to cadspec ltd. Currently there are 1 open charges and 1 have been satisfied in the past.

cadspec ltd Company Information

cadspec ltd Estimated Valuation

cadspec ltd Estimated Valuation

cadspec ltd Estimated Valuation

Cadspec Ltd Overview

Cadspec Ltd Health Check

CADSPEC LTD financials

cadspec ltd Credit Report and Business Information

Cadspec Ltd Competitor Analysis

cadspec ltd Ownership

cadspec ltd directors

cadspec ltd company details

cadspec ltd Charges & Mortgages

cadspec ltd Companies House Filings - See Documents