spatex limited
spatex limited Company Information
Company Number
03167910
Next Accounts
Dec 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
british swimming pool federation ltd
Group Structure
View All
Contact
Registered Address
4 eastgate house, east street, andover, hampshire, SP10 1EP
Website
www.spatex.co.ukspatex limited Estimated Valuation
Pomanda estimates the enterprise value of SPATEX LIMITED at £245.6k based on a Turnover of £409.3k and 0.6x industry multiple (adjusted for size and gross margin).
spatex limited Estimated Valuation
Pomanda estimates the enterprise value of SPATEX LIMITED at £327.4k based on an EBITDA of £74.9k and a 4.37x industry multiple (adjusted for size and gross margin).
spatex limited Estimated Valuation
Pomanda estimates the enterprise value of SPATEX LIMITED at £1m based on Net Assets of £470.6k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spatex Limited Overview
Spatex Limited is a live company located in andover, SP10 1EP with a Companies House number of 03167910. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in March 1996, it's largest shareholder is british swimming pool federation ltd with a 100% stake. Spatex Limited is a mature, micro sized company, Pomanda has estimated its turnover at £409.3k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spatex Limited Health Check
Pomanda's financial health check has awarded Spatex Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £409.3k, make it smaller than the average company (£1.7m)
- Spatex Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.1%)
- Spatex Limited
8.1% - Industry AVG
Production
with a gross margin of 46.3%, this company has a comparable cost of product (46.3%)
- Spatex Limited
46.3% - Industry AVG
Profitability
an operating margin of 18.3% make it more profitable than the average company (5.8%)
- Spatex Limited
5.8% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - Spatex Limited
15 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Spatex Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £68.2k, this is less efficient (£112.9k)
- Spatex Limited
£112.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (52 days)
- Spatex Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 256 days, this is slower than average (31 days)
- Spatex Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spatex Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (30 weeks)
129 weeks - Spatex Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36%, this is a lower level of debt than the average (50.7%)
36% - Spatex Limited
50.7% - Industry AVG
SPATEX LIMITED financials
Spatex Limited's latest turnover from March 2024 is estimated at £409.3 thousand and the company has net assets of £470.6 thousand. According to their latest financial statements, Spatex Limited has 6 employees and maintains cash reserves of £657.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 506,194 | 471,202 | 427,765 | 402,970 | 346,457 | 334,531 | 239,824 | 357,389 | 333,749 | 305,078 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 38,724 | 38,479 | 18,900 | 20,981 | 1,701 | 35,350 | -54,804 | -4,394 | -12,343 | -40,761 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 195 | 98 | 524 | 511 | 435 | 475 | 918 | 1,352 | 1,582 | 1,766 | |||||
| Pre-Tax Profit | 38,919 | 38,577 | 19,424 | 21,492 | 2,136 | 35,825 | -53,886 | -3,042 | -10,761 | -38,995 | |||||
| Tax | -37 | -19 | -105 | -102 | -87 | -95 | -184 | -270 | -332 | -371 | |||||
| Profit After Tax | 38,882 | 38,558 | 19,319 | 21,390 | 2,049 | 35,730 | -54,070 | -3,312 | -11,093 | -39,366 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 38,882 | 38,558 | 19,319 | 21,390 | 2,049 | 35,730 | -54,070 | -3,312 | -11,093 | -39,366 | |||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 6 | 6 | 4 | 4 | 4 | 4 | |||||||||
| EBITDA* | 38,724 | 38,479 | 18,900 | 20,981 | 1,701 | 35,350 | -54,804 | -4,394 | -12,343 | -40,761 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 48 | 0 | 0 | 0 | 0 | 4,306 | 2,339 | 473 | 459 | 1,124 | 418 | 382 | 11,407 | 0 | 3,888 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,782 | 11,829 | 0 | 0 | 4,809 |
| Misc Debtors | 77,789 | 36,545 | 28,598 | 30,970 | 36,456 | 40,085 | 38,087 | 33,732 | 46,687 | 37,594 | 26,424 | 27,571 | 2,080 | 24,724 | 20,527 |
| Cash | 657,264 | 521,170 | 385,715 | 285,855 | 293,033 | 277,670 | 211,892 | 111,766 | 118,468 | 99,173 | 97,586 | 18,322 | 100,324 | 95,997 | 96,295 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 735,101 | 557,715 | 414,313 | 316,825 | 329,489 | 322,061 | 252,318 | 145,971 | 165,614 | 137,891 | 134,210 | 58,104 | 113,811 | 120,721 | 125,519 |
| total assets | 735,101 | 557,715 | 414,313 | 316,825 | 329,489 | 322,061 | 252,318 | 145,971 | 165,614 | 137,891 | 134,210 | 58,104 | 113,811 | 120,721 | 125,519 |
| Bank overdraft | 0 | 10,000 | 10,000 | 4,167 | 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 | 0 |
| Trade Creditors | 154,720 | 63,471 | 29,921 | 5,764 | 21,864 | 81,325 | 65,709 | 2,817 | 49,434 | 50,294 | 46,595 | 2,850 | 7,717 | 13,007 | 211 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 5,339 | 33 | 269 | 4,406 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 109,804 | 65,690 | 61,012 | 117,538 | 50,127 | 36,157 | 20,912 | 16,015 | 8,260 | 1,167 | 3,234 | 1,264 | 3,340 | 1,412 | 3,776 |
| total current liabilities | 264,524 | 139,161 | 100,933 | 127,469 | 71,991 | 117,482 | 86,621 | 18,832 | 57,794 | 51,461 | 49,829 | 9,453 | 11,090 | 14,688 | 8,393 |
| loans | 0 | 25,833 | 35,833 | 45,833 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 25,833 | 35,833 | 45,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 264,524 | 164,994 | 136,766 | 173,302 | 71,991 | 117,482 | 86,621 | 18,832 | 57,794 | 51,461 | 49,829 | 9,453 | 11,090 | 14,688 | 8,393 |
| net assets | 470,577 | 392,721 | 277,547 | 143,523 | 257,498 | 204,579 | 165,697 | 127,139 | 107,820 | 86,430 | 84,381 | 48,651 | 102,721 | 106,033 | 117,126 |
| total shareholders funds | 470,577 | 392,721 | 277,547 | 143,523 | 257,498 | 204,579 | 165,697 | 127,139 | 107,820 | 86,430 | 84,381 | 48,651 | 102,721 | 106,033 | 117,126 |
| Mar 2024 | 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 | 38,724 | 38,479 | 18,900 | 20,981 | 1,701 | 35,350 | -54,804 | -4,394 | -12,343 | -40,761 | |||||
| Depreciation | 0 | 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 | 0 |
| Tax | -37 | -19 | -105 | -102 | -87 | -95 | -184 | -270 | -332 | -371 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 41,292 | 7,947 | -2,372 | -5,486 | -7,935 | 3,965 | 6,221 | -12,941 | 8,428 | 2,094 | -3,158 | 26,295 | -11,237 | -4,500 | 29,224 |
| Creditors | 91,249 | 33,550 | 24,157 | -16,100 | -59,461 | 15,616 | 62,892 | -46,617 | -860 | 3,699 | 43,745 | -4,867 | -5,290 | 12,796 | 211 |
| Accruals and Deferred Income | 44,114 | 4,678 | -56,526 | 67,411 | 13,970 | 15,245 | 4,897 | 7,755 | 7,093 | -2,067 | 1,970 | -2,076 | 1,928 | -2,364 | 3,776 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 65,583 | 100,028 | -7,126 | 18,684 | 1,152 | 84,128 | -88,226 | 3,211 | 2,257 | -66,369 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100 | 100 | 0 | -5,339 | 5,306 | -236 | -4,137 | 4,406 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -25,833 | -10,000 | -10,000 | 45,833 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 195 | 98 | 524 | 511 | 435 | 475 | 918 | 1,352 | 1,582 | 1,766 | |||||
| cash flow from financing | 195 | 98 | 424 | 611 | 435 | -4,864 | 6,224 | 1,116 | -2,555 | 162,664 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 136,094 | 135,455 | 99,860 | -7,178 | 15,363 | 65,778 | 100,126 | -6,702 | 19,295 | 1,587 | 79,264 | -82,002 | 4,327 | -298 | 96,295 |
| overdraft | -10,000 | 0 | 5,833 | 4,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 146,094 | 135,455 | 94,027 | -11,345 | 15,363 | 65,778 | 100,126 | -6,702 | 19,295 | 1,587 | 79,264 | -82,002 | 4,327 | -298 | 96,295 |
spatex limited Credit Report and Business Information
Spatex Limited Competitor Analysis
Perform a competitor analysis for spatex limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SP10 area or any other competitors across 12 key performance metrics.
spatex limited Ownership
SPATEX LIMITED group structure
Spatex Limited has no subsidiary companies.
Ultimate parent company
1 parent
SPATEX LIMITED
03167910
spatex limited directors
Spatex Limited currently has 5 directors. The longest serving directors include Mr Howard Gosling (Mar 1996) and Mr Christopher Hayes (Jul 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Howard Gosling | 79 years | Mar 1996 | - | Director | |
| Mr Christopher Hayes | 58 years | Jul 2008 | - | Director | |
| Mr Benjamin Studdy | 70 years | Sep 2010 | - | Director | |
| Mr William Dando | England | 63 years | May 2022 | - | Director |
| Mr Alexander Kemsley | United Kingdom | 40 years | May 2022 | - | Director |
P&L
March 2024turnover
409.3k
-27%
operating profit
74.9k
0%
gross margin
46.3%
+3.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
470.6k
+0.2%
total assets
735.1k
+0.32%
cash
657.3k
+0.26%
net assets
Total assets minus all liabilities
spatex limited company details
company number
03167910
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
March 1996
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MARTIN AND COMPANY
auditor
-
address
4 eastgate house, east street, andover, hampshire, SP10 1EP
Bank
-
Legal Advisor
-
spatex 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 did not find charges/mortgages relating to spatex limited.
spatex 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.
Click to start generating capital raising & share issue transactions for SPATEX LIMITED. This can take several minutes, an email will notify you when this has completed.
spatex limited Companies House Filings - See Documents
| date | description | view/download |
|---|
