spice property investments limited
spice property investments limited Company Information
Company Number
03706981
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
dorrington properties plc
Group Structure
View All
Contact
Registered Address
16 hans road, london, SW3 1RT
Website
http://dorrington.co.ukspice property investments limited Estimated Valuation
Pomanda estimates the enterprise value of SPICE PROPERTY INVESTMENTS LIMITED at £8.8m based on a Turnover of £2.1m and 4.1x industry multiple (adjusted for size and gross margin).
spice property investments limited Estimated Valuation
Pomanda estimates the enterprise value of SPICE PROPERTY INVESTMENTS LIMITED at £0 based on an EBITDA of £-4.4m and a 8.1x industry multiple (adjusted for size and gross margin).
spice property investments limited Estimated Valuation
Pomanda estimates the enterprise value of SPICE PROPERTY INVESTMENTS LIMITED at £39.3m based on Net Assets of £23m and 1.71x industry multiple (adjusted for liquidity).
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Spice Property Investments Limited Overview
Spice Property Investments Limited is a live company located in london, SW3 1RT with a Companies House number of 03706981. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1999, it's largest shareholder is dorrington properties plc with a 100% stake. Spice Property Investments Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with low growth in recent years.
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Spice Property Investments Limited Health Check
Pomanda's financial health check has awarded Spice Property Investments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
3 Weak
Size
annual sales of £2.1m, make it larger than the average company (£1.1m)
£2.1m - Spice Property Investments Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.6%)
1% - Spice Property Investments Limited
3.6% - Industry AVG
Production
with a gross margin of 91.8%, this company has a lower cost of product (70.8%)
91.8% - Spice Property Investments Limited
70.8% - Industry AVG
Profitability
an operating margin of -205.5% make it less profitable than the average company (21.5%)
-205.5% - Spice Property Investments Limited
21.5% - Industry AVG
Employees
with 11 employees, this is above the industry average (4)
- Spice Property Investments Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Spice Property Investments Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £195k, this is equally as efficient (£201.3k)
- Spice Property Investments Limited
£201.3k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (33 days)
93 days - Spice Property Investments Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 333 days, this is slower than average (35 days)
333 days - Spice Property Investments Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spice Property Investments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spice Property Investments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.7%, this is a lower level of debt than the average (71.2%)
44.7% - Spice Property Investments Limited
71.2% - Industry AVG
SPICE PROPERTY INVESTMENTS LIMITED financials
Spice Property Investments Limited's latest turnover from December 2023 is £2.1 million and the company has net assets of £23 million. According to their latest financial statements, we estimate that Spice Property Investments Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,144,621 | 2,136,148 | 664,396 | 2,068,302 | 2,049,395 | 2,104,436 | 2,087,367 | 1,785,008 | 1,582,889 | 1,211,941 | 1,413,594 | 1,499,971 | 1,392,236 | 1,421,656 | 1,398,015 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 176,525 | 388,954 | 904,817 | 426,044 | 78,513 | 39,272 | 25,402 | 341,658 | 235,284 | 154,171 | 28,153 | 44,818 | 106,391 | 152,260 | 64,947 |
| Gross Profit | 1,968,096 | 1,747,194 | -240,421 | 1,642,258 | 1,970,882 | 2,065,164 | 2,061,965 | 1,443,350 | 1,347,605 | 1,057,770 | 1,385,441 | 1,455,153 | 1,285,845 | 1,269,396 | 1,333,068 |
| Admin Expenses | 6,375,843 | 1,000,236 | -2,330,624 | 4,376,556 | 268,628 | 739,956 | -4,071,060 | -361,181 | -8,223,994 | -3,746,466 | 3,246 | 4,463 | 6,709 | 7,826 | 8,268 |
| Operating Profit | -4,407,747 | 746,958 | 2,090,203 | -2,734,298 | 1,702,254 | 1,325,208 | 6,133,025 | 1,804,531 | 9,571,599 | 4,804,236 | 1,382,195 | 1,450,690 | 1,279,136 | 1,261,570 | 1,324,800 |
| Interest Payable | 268,982 | 357,051 | 180,836 | 139,984 | 166,563 | 155,536 | 139,506 | 154,647 | 132,465 | 153,837 | 131,876 | 91,438 | 27,523 | 37,988 | 27,908 |
| Interest Receivable | 2,242 | 574 | 0 | 78 | 275 | 68 | 11 | 58 | 39 | 73 | 115 | 141 | 128 | 168 | 883 |
| Pre-Tax Profit | -4,674,487 | 390,481 | 1,909,367 | -2,874,204 | 1,535,966 | 1,169,740 | 5,993,530 | 1,649,942 | 9,439,173 | 4,650,472 | 1,250,434 | 1,359,393 | 1,251,741 | 1,223,582 | 1,297,775 |
| Tax | 1,100,656 | -33,650 | -2,418,769 | 545,451 | -1,015,927 | -235,194 | -975,067 | 84,349 | -1,211,375 | -909,414 | -242,009 | -301,964 | -291,651 | -342,604 | -362,827 |
| Profit After Tax | -3,573,831 | 356,831 | -509,402 | -2,328,753 | 520,039 | 934,546 | 5,018,463 | 1,734,291 | 8,227,798 | 3,741,058 | 1,008,425 | 1,057,429 | 960,090 | 880,978 | 934,948 |
| Dividends Paid | 1,000,000 | 1,000,000 | 500,000 | 1,500,000 | 1,250,000 | 1,500,000 | 1,500,000 | 1,000,000 | 1,000,000 | 750,000 | 1,500,000 | 2,500,000 | 3,000,000 | 0 | 0 |
| Retained Profit | -4,573,831 | -643,169 | -1,009,402 | -3,828,753 | -729,961 | -565,454 | 3,518,463 | 734,291 | 7,227,798 | 2,991,058 | -491,575 | -1,442,571 | -2,039,910 | 880,978 | 934,948 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 6 | 5 | 5 | 5 | |||||||||||
| EBITDA* | -4,359,966 | 794,739 | 2,123,110 | -2,715,730 | 1,702,254 | 1,325,208 | 6,133,025 | 1,804,531 | 9,571,599 | 4,804,236 | 1,382,195 | 1,450,690 | 1,279,136 | 1,261,570 | 1,324,800 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 91,868 | 139,649 | 113,058 | 74,486 | 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 | 39,650,000 | 46,000,000 | 46,500,000 | 42,500,000 | 46,250,000 | 46,500,000 | 47,000,000 | 42,900,000 | 42,000,000 | 33,500,000 | 29,500,000 | 23,500,000 | 22,500,000 | 21,500,000 | 18,500,000 |
| Debtors (Due After 1 year) | 935,395 | 1,056,698 | 517,812 | 342,995 | 332,667 | 532,318 | 723,461 | 883,855 | 626,591 | 74,248 | 136,748 | 264,047 | 320,873 | 386,100 | 118,808 |
| Total Fixed Assets | 40,677,263 | 47,196,347 | 47,130,870 | 42,917,481 | 46,582,667 | 47,032,318 | 47,723,461 | 43,783,855 | 42,626,591 | 33,574,248 | 29,636,748 | 23,764,047 | 22,820,873 | 21,886,100 | 18,618,808 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 547,202 | 746,358 | 298,370 | 526,228 | 941,909 | 923,794 | 718,248 | 558,498 | 373,448 | 425,652 | 486,800 | 872,204 | 533,185 | 421,335 | 582,572 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 265,138 | 265,025 | 433,937 | 240,675 | 231,393 | 249,893 | 228,294 | 242,692 | 209,508 | 138,306 | 155,213 | 122,880 | 149,703 | 106,915 | 90,107 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 812,340 | 1,011,383 | 732,307 | 766,903 | 1,173,302 | 1,173,687 | 946,542 | 801,190 | 582,956 | 563,958 | 642,013 | 995,084 | 682,888 | 528,250 | 672,679 |
| total assets | 41,489,603 | 48,207,730 | 47,863,177 | 43,684,384 | 47,755,969 | 48,206,005 | 48,670,003 | 44,585,045 | 43,209,547 | 34,138,206 | 30,278,761 | 24,759,131 | 23,503,761 | 22,414,350 | 19,291,487 |
| 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 | 161,508 | 252,269 | 209,611 | 109,332 | 522,648 | 456,638 | 418,205 | 339,634 | 291,827 | 337,704 | 295,307 | 364,095 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 735,440 | 586,825 | 519,643 | 351,985 | 580,092 | 662,874 | 658,803 | 725,684 | 659,822 | 389,771 | 474,708 | 478,247 | 717,027 | 794,079 | 590,612 |
| total current liabilities | 896,948 | 839,094 | 729,254 | 461,317 | 1,102,740 | 1,119,512 | 1,077,008 | 1,065,318 | 951,649 | 727,475 | 770,015 | 842,342 | 717,027 | 794,079 | 590,612 |
| loans | 10,511,638 | 11,499,319 | 10,414,812 | 8,031,787 | 6,816,767 | 7,209,518 | 7,040,497 | 7,112,640 | 6,334,775 | 5,704,285 | 5,524,092 | 5,426,499 | 3,856,912 | 1,374,008 | 1,618,125 |
| 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 | 7,119,474 | 8,333,943 | 8,540,568 | 6,003,335 | 6,819,764 | 6,130,316 | 6,240,385 | 5,613,437 | 5,863,764 | 4,874,885 | 323,199 | 353,555 | 347,158 | 342,149 | 318,672 |
| total long term liabilities | 17,631,112 | 19,833,262 | 18,955,380 | 14,035,122 | 13,636,531 | 13,339,834 | 13,280,882 | 12,726,077 | 12,198,539 | 10,579,170 | 5,847,291 | 5,780,054 | 4,204,070 | 1,716,157 | 1,936,797 |
| total liabilities | 18,528,060 | 20,672,356 | 19,684,634 | 14,496,439 | 14,739,271 | 14,459,346 | 14,357,890 | 13,791,395 | 13,150,188 | 11,306,645 | 6,617,306 | 6,622,396 | 4,921,097 | 2,510,236 | 2,527,409 |
| net assets | 22,961,543 | 27,535,374 | 28,178,543 | 29,187,945 | 33,016,698 | 33,746,659 | 34,312,113 | 30,793,650 | 30,059,359 | 22,831,561 | 23,661,455 | 18,136,735 | 18,582,664 | 19,904,114 | 16,764,078 |
| total shareholders funds | 22,961,543 | 27,535,374 | 28,178,543 | 29,187,945 | 33,016,698 | 33,746,659 | 34,312,113 | 30,793,650 | 30,059,359 | 22,831,561 | 23,661,455 | 18,136,735 | 18,582,664 | 19,904,114 | 16,764,078 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -4,407,747 | 746,958 | 2,090,203 | -2,734,298 | 1,702,254 | 1,325,208 | 6,133,025 | 1,804,531 | 9,571,599 | 4,804,236 | 1,382,195 | 1,450,690 | 1,279,136 | 1,261,570 | 1,324,800 |
| Depreciation | 47,781 | 47,781 | 32,907 | 18,568 | 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 | 1,100,656 | -33,650 | -2,418,769 | 545,451 | -1,015,927 | -235,194 | -975,067 | 84,349 | -1,211,375 | -909,414 | -242,009 | -301,964 | -291,651 | -342,604 | -362,827 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -320,346 | 817,962 | 140,221 | -396,071 | -200,036 | 36,002 | -15,042 | 475,498 | 571,341 | -140,555 | -480,370 | 255,370 | 89,411 | 122,863 | 791,487 |
| Creditors | -90,761 | 42,658 | 100,279 | -413,316 | 66,010 | 38,433 | 78,571 | 47,807 | -45,877 | 42,397 | -68,788 | 364,095 | 0 | 0 | 0 |
| Accruals and Deferred Income | 148,615 | 67,182 | 167,658 | -228,107 | -82,782 | 4,071 | -66,881 | 65,862 | 270,051 | -84,937 | -3,539 | -238,780 | -77,052 | 203,467 | 590,612 |
| Deferred Taxes & Provisions | -1,214,469 | -206,625 | 2,537,233 | -816,429 | 689,448 | -110,069 | 626,948 | -250,327 | 988,879 | 4,551,686 | -30,356 | 6,397 | 5,009 | 23,477 | 318,672 |
| Cash flow from operations | -4,095,579 | -153,658 | 2,369,290 | -3,232,060 | 1,559,039 | 986,447 | 5,811,638 | 1,276,724 | 9,001,936 | 8,544,523 | 1,517,873 | 1,025,068 | 826,031 | 1,023,047 | 1,079,770 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -6,350,000 | -500,000 | 4,000,000 | -3,750,000 | -250,000 | -500,000 | 4,100,000 | 900,000 | 8,500,000 | 4,000,000 | 6,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | 18,500,000 |
| 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 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -987,681 | 1,084,507 | 2,383,025 | 1,215,020 | -392,751 | 169,021 | -72,143 | 777,865 | 630,490 | 180,193 | 97,593 | 1,569,587 | 2,482,904 | -244,117 | 1,618,125 |
| 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 | -266,740 | -356,477 | -180,836 | -139,906 | -166,288 | -155,468 | -139,495 | -154,589 | -132,426 | -153,764 | -131,761 | -91,297 | -27,395 | -37,820 | -27,025 |
| cash flow from financing | -1,254,421 | 728,030 | 2,202,189 | 1,075,114 | -559,039 | 13,553 | -211,638 | 623,276 | 498,064 | -3,794,523 | 5,982,127 | 2,474,932 | 3,173,969 | 1,977,121 | 17,420,230 |
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
spice property investments limited Credit Report and Business Information
Spice Property Investments Limited Competitor Analysis
Perform a competitor analysis for spice property investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SW3 area or any other competitors across 12 key performance metrics.
spice property investments limited Ownership
SPICE PROPERTY INVESTMENTS LIMITED group structure
Spice Property Investments Limited has no subsidiary companies.
Ultimate parent company
QUADRIGA INTERNATIONAL LTD
#0003516
2 parents
SPICE PROPERTY INVESTMENTS LIMITED
03706981
spice property investments limited directors
Spice Property Investments Limited currently has 5 directors. The longest serving directors include Mr Robert Harris (Oct 2000) and Mr Bruce Thompson (Apr 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Harris | England | 62 years | Oct 2000 | - | Director |
| Mr Bruce Thompson | England | 60 years | Apr 2004 | - | Director |
| Mr Michael Jenkins | United Kingdom | 52 years | Feb 2021 | - | Director |
| Mr Andrew Giblin | England | 46 years | Feb 2021 | - | Director |
| Dr Sean Gorvy | England | 62 years | Mar 2022 | - | Director |
P&L
December 2023turnover
2.1m
0%
operating profit
-4.4m
-690%
gross margin
91.8%
+12.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23m
-0.17%
total assets
41.5m
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
spice property investments limited company details
company number
03706981
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
suprima management limited (May 2000)
accountant
-
auditor
DELOITTE LLP
address
16 hans road, london, SW3 1RT
Bank
-
Legal Advisor
-
spice property investments 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 4 charges/mortgages relating to spice property investments limited. Currently there are 3 open charges and 1 have been satisfied in the past.
spice property investments 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 SPICE PROPERTY INVESTMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
spice property investments limited Companies House Filings - See Documents
| date | description | view/download |
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