spike (essex) limited
spike (essex) limited Company Information
Company Number
03252648
Next Accounts
Jun 2025
Shareholders
patrick fuller
william martin fuller
Group Structure
View All
Industry
Development of building projects
Registered Address
1st floor county house, 100 new london road, chelmsford, essex, CM2 0RG
Website
-spike (essex) limited Estimated Valuation
Pomanda estimates the enterprise value of SPIKE (ESSEX) LIMITED at £25.1k based on a Turnover of £73.2k and 0.34x industry multiple (adjusted for size and gross margin).
spike (essex) limited Estimated Valuation
Pomanda estimates the enterprise value of SPIKE (ESSEX) LIMITED at £92.3k based on an EBITDA of £37.1k and a 2.49x industry multiple (adjusted for size and gross margin).
spike (essex) limited Estimated Valuation
Pomanda estimates the enterprise value of SPIKE (ESSEX) LIMITED at £197.5k based on Net Assets of £143.4k and 1.38x industry multiple (adjusted for liquidity).
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Spike (essex) Limited Overview
Spike (essex) Limited is a live company located in chelmsford, CM2 0RG with a Companies House number of 03252648. It operates in the development of building projects sector, SIC Code 41100. Founded in September 1996, it's largest shareholder is patrick fuller with a 50% stake. Spike (essex) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £73.2k with declining growth in recent years.
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Spike (essex) Limited Health Check
Pomanda's financial health check has awarded Spike (Essex) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £73.2k, make it smaller than the average company (£2.2m)
- Spike (essex) Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.5%)
- Spike (essex) Limited
3.5% - Industry AVG
Production
with a gross margin of 9.6%, this company has a higher cost of product (26.4%)
- Spike (essex) Limited
26.4% - Industry AVG
Profitability
an operating margin of 50.7% make it more profitable than the average company (7%)
- Spike (essex) Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Spike (essex) Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Spike (essex) Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £73.2k, this is less efficient (£277.9k)
- Spike (essex) Limited
£277.9k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (27 days)
- Spike (essex) Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (30 days)
- Spike (essex) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spike (essex) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spike (essex) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.3%, this is a lower level of debt than the average (72.7%)
11.3% - Spike (essex) Limited
72.7% - Industry AVG
SPIKE (ESSEX) LIMITED financials
Spike (Essex) Limited's latest turnover from September 2023 is estimated at £73.2 thousand and the company has net assets of £143.4 thousand. According to their latest financial statements, we estimate that Spike (Essex) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 17,124 | 19,178 | 0 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 20,076 | 21,771 | 20,076 | 17,783 | 17,545 | 15,386 | 17,444 | 16,208 | |||||||
| Interest Payable | 429 | 682 | 922 | 1,157 | 1,393 | 1,533 | 1,738 | 2,929 | |||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | 19,647 | 21,089 | 19,154 | 16,626 | 16,152 | 13,853 | 15,706 | 13,279 | |||||||
| Tax | -3,929 | -4,218 | -3,831 | -3,325 | -3,230 | -2,840 | -3,298 | -2,789 | |||||||
| Profit After Tax | 15,718 | 16,871 | 15,323 | 13,301 | 12,922 | 11,013 | 12,408 | 10,490 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 2,000 | 0 | 2,000 | 0 | |||||||
| Retained Profit | 15,718 | 16,871 | 15,323 | 13,301 | 10,922 | 11,013 | 10,408 | 10,490 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* | 20,076 | 21,771 | 20,076 | 17,783 | 17,545 | 15,386 | 17,444 | 16,208 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 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 | 147,075 | 147,077 | 147,077 | 147,077 | 147,077 | 147,077 | 147,077 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 | 147,075 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 14,547 | 6,790 | 9,881 | 9,865 | 10,140 | 7,719 | 5,999 | 0 | 0 | 0 | 65 | 65 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,325 | 1,325 | 1,325 | 2 | 2 | 2 | 2 | 2 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,587 | 2,959 | 1,771 | 2,436 | 4,394 | 4,804 | 5,891 | 6,537 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,547 | 6,790 | 9,881 | 9,865 | 10,140 | 7,719 | 5,999 | 3,912 | 4,284 | 3,096 | 2,503 | 4,461 | 4,806 | 5,893 | 6,539 |
| total assets | 161,622 | 153,867 | 156,958 | 156,942 | 157,217 | 154,796 | 153,076 | 150,987 | 151,359 | 150,171 | 149,578 | 151,536 | 151,881 | 152,968 | 153,614 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 18,184 | 38,232 | 13,361 | 13,192 | 14,832 | 13,362 | 11,163 | 522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,726 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,878 | 15,647 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,489 | 23,451 | 22,772 | 5,506 | 5,462 | 41,759 | 42,114 | 30,198 |
| total current liabilities | 18,184 | 38,232 | 13,361 | 13,192 | 14,832 | 13,362 | 11,163 | 24,011 | 23,451 | 22,772 | 21,384 | 21,109 | 41,759 | 42,114 | 42,924 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,685 | 20,335 | 36,697 | 52,815 | 68,349 | 58,966 | 70,711 | 80,955 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 3,685 | 20,335 | 36,697 | 52,815 | 68,349 | 58,966 | 70,711 | 80,955 |
| total liabilities | 18,184 | 38,232 | 13,361 | 13,192 | 14,832 | 13,362 | 11,163 | 27,696 | 43,786 | 59,469 | 74,199 | 89,458 | 100,725 | 112,825 | 123,879 |
| net assets | 143,438 | 115,635 | 143,597 | 143,750 | 142,385 | 141,434 | 141,913 | 123,291 | 107,573 | 90,702 | 75,379 | 62,078 | 51,156 | 40,143 | 29,735 |
| total shareholders funds | 143,438 | 115,635 | 143,597 | 143,750 | 142,385 | 141,434 | 141,913 | 123,291 | 107,573 | 90,702 | 75,379 | 62,078 | 51,156 | 40,143 | 29,735 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 20,076 | 21,771 | 20,076 | 17,783 | 17,545 | 15,386 | 17,444 | 16,208 | |||||||
| 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 | -3,929 | -4,218 | -3,831 | -3,325 | -3,230 | -2,840 | -3,298 | -2,789 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,757 | -3,091 | 16 | -275 | 2,421 | 1,720 | 4,674 | 0 | 0 | 1,258 | 0 | 65 | 0 | 0 | 2 |
| Creditors | -20,048 | 24,871 | 169 | -1,640 | 1,470 | 2,199 | 10,641 | 522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -23,489 | 38 | 679 | 17,266 | 44 | -36,297 | -355 | 11,916 | 30,198 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 16,707 | 18,232 | 32,253 | 14,502 | -22,047 | 12,191 | 26,062 | 43,615 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2 | 0 | 0 | 0 | 0 | 0 | 2 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -12,726 | 12,726 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,878 | 231 | 15,647 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -3,685 | -16,650 | -16,362 | -16,118 | -15,534 | 9,383 | -11,745 | -10,244 | 80,955 |
| 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 | -429 | -682 | -922 | -1,157 | -1,393 | -1,533 | -1,738 | -2,929 | |||||||
| cash flow from financing | -17,079 | -17,044 | -32,918 | -16,460 | 23,637 | -13,278 | -24,708 | 109,997 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,587 | -372 | 1,188 | -665 | -1,958 | -410 | -1,087 | -646 | 6,537 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,587 | -372 | 1,188 | -665 | -1,958 | -410 | -1,087 | -646 | 6,537 |
spike (essex) limited Credit Report and Business Information
Spike (essex) Limited Competitor Analysis
Perform a competitor analysis for spike (essex) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CM2 area or any other competitors across 12 key performance metrics.
spike (essex) limited Ownership
SPIKE (ESSEX) LIMITED group structure
Spike (Essex) Limited has no subsidiary companies.
Ultimate parent company
SPIKE (ESSEX) LIMITED
03252648
spike (essex) limited directors
Spike (Essex) Limited currently has 2 directors. The longest serving directors include Mr William Fuller (Sep 1996) and Mr Patrick Fuller (Sep 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Fuller | 55 years | Sep 1996 | - | Director | |
| Mr Patrick Fuller | 59 years | Sep 1996 | - | Director |
P&L
September 2023turnover
73.2k
-20%
operating profit
37.1k
0%
gross margin
9.6%
-1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
143.4k
+0.24%
total assets
161.6k
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
spike (essex) limited company details
company number
03252648
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 1996
age
29
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
RICKARDLUCKIN
auditor
-
address
1st floor county house, 100 new london road, chelmsford, essex, CM2 0RG
Bank
ROYAL BANK OF SCOTLAND(IOM)LTD
Legal Advisor
-
spike (essex) 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 2 charges/mortgages relating to spike (essex) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
spike (essex) 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 SPIKE (ESSEX) LIMITED. This can take several minutes, an email will notify you when this has completed.
spike (essex) limited Companies House Filings - See Documents
| date | description | view/download |
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