Spartan Uk Limited

POWER SEARCH PRICING

SOLUTIONS

spartan uk limited Company Information

Live

MatureMegaHealthy

Company Number

04140355

Next Accounts

Sep 2025

Industry

Manufacture of basic iron and steel and of ferro-alloys

Directors

Iuliia Dankova

Dmytro Nikolayenko

Shareholders

metinvest trametal spa

Group Structure

View All

Contact

Registered Address

ropery road, teams, gateshead, tyne and wear, NE8 2RD

Website

www.spartanuk.co.uk

spartan uk limited Estimated Valuation

£97.6m

Pomanda estimates the enterprise value of SPARTAN UK LIMITED at £97.6m based on a Turnover of £164.5m and 0.59x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Spartan Uk Limited is a live company located in gateshead, NE8 2RD with a Companies House number of 04140355. It operates in the manufacture of basic iron and steel and of ferro-alloys sector, SIC Code 24100. Founded in January 2001, it's largest shareholder is metinvest trametal spa with a 100% stake. Spartan Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £164.5m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Spartan Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £164.5m, make it larger than the average company (£25.9m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.8%)

EXPORT

Spartan Uk Limited's latest turnover from December 2023 is £164.5 million and the company has net assets of £39.4 million. According to their latest financial statements, Spartan Uk Limited has 114 employees and maintains cash reserves of £42.5 million 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	164,531,818	204,672,855	205,246,280	138,321,531	185,329,012	210,051,837	188,285,752	137,874,273	107,696,381	133,379,608	92,125,660	78,982,678	89,363,971	74,838,082	55,695,229
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	143,773,463	177,433,031	176,065,084	128,223,623	171,626,145	198,696,511	171,984,879	120,117,729	102,390,056	127,264,113	84,641,613	77,680,809	79,668,014	63,899,562	51,256,230
Gross Profit	20,758,355	27,239,824	29,181,196	10,097,908	13,702,867	11,355,326	16,300,873	17,756,544	5,306,325	6,115,495	7,484,047	1,301,869	9,695,957	10,938,520	4,438,999
Admin Expenses	13,102,466	12,536,696	12,851,827	9,519,686	12,393,307	11,682,388	9,293,601	8,020,450	10,627,979	10,832,379	9,340,293	8,775,284	7,885,425	7,751,090	6,715,084
Operating Profit	7,655,889	14,703,128	16,329,369	578,222	1,309,560	-327,062	7,007,272	9,736,094	-5,321,654	-4,716,884	-1,856,246	-7,473,415	1,810,532	3,187,430	-2,276,085
Interest Payable	1,847,158	1,195,275	648,095	893,194	1,549,204	1,639,900	1,025,926	581,880	749,597	588,478	671,301	755,791	471,618	203,802	261,185
Interest Receivable	66,108	3,540	9,109	53	277	202	11,026	10	10,266	3,803	9,700	17,319	0	25	20,945
Pre-Tax Profit	5,874,839	13,511,393	15,690,383	-314,919	-239,367	-1,966,760	5,992,372	9,154,224	-6,060,985	-5,301,559	-2,517,847	-8,211,887	1,338,914	2,983,653	-2,516,325
Tax	-1,412,144	-2,512,271	-3,260,322	6,024	31,629	415,037	-1,153,256	303,004	-21,722	139,707	583,630	2,132,214	-68,743	-932,050	465,379
Profit After Tax	4,462,695	10,999,122	12,430,061	-308,895	-207,738	-1,551,723	4,839,116	9,457,228	-6,082,707	-5,161,852	-1,934,217	-6,079,673	1,270,171	2,051,603	-2,050,946
Dividends Paid	19	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	4,462,676	10,999,122	12,430,061	-308,895	-207,738	-1,551,723	4,839,116	9,457,228	-6,082,707	-5,161,852	-1,934,217	-6,079,673	1,270,171	2,051,603	-2,050,946
Employee Costs	6,944,364	6,131,146	6,169,153	5,995,417	6,002,259	5,789,273	5,371,625	5,077,821	4,780,858	4,248,645	3,832,301	3,675,046	3,340,800	3,395,718	3,124,273
Number Of Employees	114	115	114	117	118	117	119	116	115	116	116	117	114	112	112
EBITDA*	8,934,752	15,912,655	17,493,391	1,821,285	2,407,458	1,241,376	8,657,288	11,315,131	-3,101,483	-2,518,083	282,076	-5,329,871	3,882,119	5,125,206	-345,083

* 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	8,431,085	9,782,251	9,768,661	9,099,286	9,718,693	7,931,805	8,157,700	8,804,347	9,928,391	11,565,805	12,324,490	13,534,392	14,916,899	16,263,158	16,760,640
Intangible Assets	408,617	5,090	4,245	6,964	11,232	11,827	5,335	0	2,670	5,996	9,320	4,052	17,624	8,683	7,050
Investments & Other	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	8,839,709	9,787,341	9,772,906	9,106,250	9,729,925	7,943,632	8,163,035	8,804,347	9,931,061	11,571,801	12,333,810	13,538,444	14,934,523	16,271,841	16,767,690
Stock & work in progress	35,324,066	31,659,399	46,226,194	31,917,905	21,088,061	32,233,021	23,644,802	14,665,215	14,707,416	20,861,831	28,520,218	28,208,563	22,374,846	25,696,176	13,192,646
Trade Debtors	5,781,936	6,790,217	16,635,425	12,457,141	30,015,101	47,122,193	40,997,851	37,741,164	21,646,161	26,692,203	20,643,578	14,057,781	18,082,786	13,140,237	9,677,046
Group Debtors	30,200,600	47,614,852	18,583,536	9,528,929	9,161,665	4,629,105	14,639,160	8,646,253	4,503,745	524,755	303,305	6,888	4,429	11,280	0
Misc Debtors	5,203,330	11,877,520	9,580,719	1,001,502	2,709,694	1,419,923	1,870,761	1,421,656	1,579,217	1,857,152	2,786,447	2,352,111	1,064,988	2,053,895	3,594,788
Cash	42,538,034	10,488,496	14,869,212	7,408,077	12,778,659	3,955,209	2,312,030	2,043,131	1,047,290	2,687,956	969,699	4,011,018	8,752,816	1,856,201	1,495,079
misc current assets	0	0	0	0	152,922	128,072	0	0	0	21,722	21,722	582,601	106,645	0	0
total current assets	119,047,966	109,597,368	105,895,086	62,466,299	75,906,102	89,487,523	83,464,604	64,517,419	43,483,829	52,645,619	53,244,969	49,218,962	50,386,510	42,757,789	27,959,559
total assets	127,887,675	119,384,709	115,667,992	71,572,549	85,636,027	97,431,155	91,627,639	73,321,766	53,414,890	64,217,420	65,578,779	62,757,406	65,321,033	59,029,630	44,727,249
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	25,000,000	25,000,000	15,000,000	0	0	0	0	0	0	0	0
Trade Creditors	2,810,140	5,710,854	2,748,319	1,880,513	2,966,165	2,742,756	2,721,746	1,889,870	1,878,120	2,448,158	1,416,466	983,919	3,361,836	902,690	874,857
Group/Directors Accounts	77,008,523	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	2,769	29,048	21,980	2,310	16,930	0	0	0	0	0	0	0	0	0	0
other current liabilities	6,902,632	56,929,250	67,053,346	37,120,055	24,924,708	37,184,100	39,556,648	42,650,205	32,212,307	36,362,092	33,453,584	28,546,911	21,076,690	18,148,408	606,712
total current liabilities	86,724,064	62,669,152	69,823,645	39,002,878	52,907,803	64,926,856	57,278,394	44,540,075	34,090,427	38,810,250	34,870,050	29,530,830	24,438,526	19,051,098	1,481,569
loans	0	515,088	878,982	1,239,672	926,584	0	0	0	0	0	0	0	0	0	10,558,670
hp & lease commitments	428,089	257,544	439,491	619,836	463,292	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	1,291,193	2,952,758	2,844,688	794,768	807,172	870,430	1,456,876	0	0	0	279,414	1,446,674	4,599,190	5,331,582	5,410,414
total long term liabilities	1,719,282	1,733,923	1,861,835	1,017,220	866,878	435,215	728,438	0	0	0	139,707	723,337	2,299,595	2,665,791	7,984,542
total liabilities	88,443,346	64,403,075	71,685,480	40,020,098	53,774,681	65,362,071	58,006,832	44,540,075	34,090,427	38,810,250	35,009,757	30,254,167	26,738,121	21,716,889	9,466,111
net assets	39,444,329	54,981,634	43,982,512	31,552,451	31,861,346	32,069,084	33,620,807	28,781,691	19,324,463	25,407,170	30,569,022	32,503,239	38,582,912	37,312,741	35,261,138
total shareholders funds	39,444,329	54,981,634	43,982,512	31,552,451	31,861,346	32,069,084	33,620,807	28,781,691	19,324,463	25,407,170	30,569,022	32,503,239	38,582,912	37,312,741	35,261,138

	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	7,655,889	14,703,128	16,329,369	578,222	1,309,560	-327,062	7,007,272	9,736,094	-5,321,654	-4,716,884	-1,856,246	-7,473,415	1,810,532	3,187,430	-2,276,085
Depreciation	1,276,954	1,204,646	1,144,322	1,220,300	1,080,270	1,553,403	1,623,673	1,576,367	2,216,536	2,195,320	2,133,422	2,133,422	2,071,587	1,937,776	1,931,002
Amortisation	1,909	4,881	19,700	22,763	17,628	15,035	26,343	2,670	3,635	3,481	4,900	10,122	0	0	0
Tax	-1,412,144	-2,512,271	-3,260,322	6,024	31,629	415,037	-1,153,256	303,004	-21,722	139,707	583,630	2,132,214	-68,743	-932,050	465,379
Stock	3,664,667	-14,566,795	14,308,289	10,829,844	-11,144,960	8,588,219	8,979,587	-42,201	-6,154,415	-7,658,387	311,655	5,833,717	-3,321,330	12,503,530	13,192,646
Debtors	-25,096,723	21,482,909	21,812,108	-18,898,888	-11,284,761	-4,336,551	9,698,699	20,079,950	-1,344,987	5,340,780	7,316,550	-2,735,423	3,946,791	1,933,578	13,271,834
Creditors	-2,900,714	2,962,535	867,806	-1,085,652	223,409	21,010	831,876	11,750	-570,038	1,031,692	432,547	-2,377,917	2,459,146	27,833	874,857
Accruals and Deferred Income	-50,026,618	-10,124,096	29,933,291	12,195,347	-12,259,392	-2,372,548	-3,093,557	10,437,898	-4,149,785	2,908,508	4,906,673	7,470,221	2,928,282	17,541,696	606,712
Deferred Taxes & Provisions	-1,661,565	108,070	2,049,920	-12,404	-63,258	-586,446	1,456,876	0	0	-279,414	-1,167,260	-3,152,516	-732,392	-78,832	5,410,414
Cash flow from operations	-25,634,233	-569,221	10,963,689	20,993,644	12,769,567	-5,533,239	-11,979,059	2,030,034	-343,626	3,600,017	-2,590,539	-4,356,163	7,842,951	7,246,745	-19,452,201
Investing Activities
capital expenditure	0	-1,223,962	-1,830,678	-619,388	-2,884,191	-1,349,035	-1,008,704	-452,323	-579,431	-1,436,792	-933,688	-747,465	-734,269	-1,441,927	-18,698,692
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7
cash flow from investments	0	-1,223,962	-1,830,678	-619,388	-2,884,191	-1,349,035	-1,008,704	-452,323	-579,431	-1,436,792	-933,688	-747,465	-734,269	-1,441,927	-18,698,699
Financing Activities
Bank loans	0	0	0	-25,000,000	0	10,000,000	15,000,000	0	0	0	0	0	0	0	0
Group/Directors Accounts	77,008,523	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	-515,088	-363,894	-360,690	313,088	926,584	0	0	0	0	0	0	0	0	-10,558,670	10,558,670
Hire Purchase and Lease Commitments	144,266	-174,879	-160,675	141,924	480,222	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	-19,999,981	0	0	0	0	0	0	0	0	0	0	0	0	0	37,312,084
interest	-1,781,050	-1,191,735	-638,986	-893,141	-1,548,927	-1,639,698	-1,014,900	-581,870	-739,331	-584,675	-661,601	-738,472	-471,618	-203,777	-240,240
cash flow from financing	54,856,670	-1,730,508	-1,160,351	-25,438,129	-142,121	8,360,302	13,985,100	-581,870	-739,331	-584,675	-661,601	-738,472	-471,618	-10,762,447	47,630,514
cash and cash equivalents
cash	32,049,538	-4,380,716	7,461,135	-5,370,582	8,823,450	1,643,179	268,899	995,841	-1,640,666	1,718,257	-3,041,319	-4,741,798	6,896,615	361,122	1,495,079
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	32,049,538	-4,380,716	7,461,135	-5,370,582	8,823,450	1,643,179	268,899	995,841	-1,640,666	1,718,257	-3,041,319	-4,741,798	6,896,615	361,122	1,495,079

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for spartan uk limited. Get real-time insights into spartan uk limited'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 spartan uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in NE8 area or any other competitors across 12 key performance metrics.

SPARTAN UK LIMITED group structure

Spartan Uk Limited has no subsidiary companies.

Ultimate parent company

METINVEST BV

#0059906

METINVEST TRAMETAL SPA

#0065858

2 parents

SPARTAN UK LIMITED

04140355

SPARTAN UK LIMITED Shareholders

metinvest trametal spa

100%

Spartan Uk Limited currently has 2 directors. The longest serving directors include Iuliia Dankova (Feb 2016) and Mr Dmytro Nikolayenko (Feb 2023).

officer	country	age	start	end	role
Iuliia Dankova	Ukraine	46 years	Feb 2016	-	Director
Mr Dmytro Nikolayenko	Italy	49 years	Feb 2023	-	Director

P&L

December 2023

turnover

164.5m

-20%

operating profit

7.7m

-48%

gross margin

12.7%

-5.2%

turnover

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

Balance Sheet

December 2023

net assets

39.4m

-0.28%

total assets

127.9m

+0.07%

cash

42.5m

+3.06%

net assets

Total assets minus all liabilities

Similar Companies

sertec corporation limited

liberty steel newport limited

sertec auto structures (uk) limited

3.5

firth rixson forgings limited

gestamp tallent limited

company number

04140355

Type

Private limited with Share Capital

industry

24100 - Manufacture of basic iron and steel and of ferro-alloys

incorporation date

January 2001

ultimate parent company

METINVEST BV

previous names

crossco (528) limited (February 2001)

address

ropery road, teams, gateshead, tyne and wear, NE8 2RD

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 spartan uk limited. Currently there are 1 open charges and 3 have been satisfied in the past.

spartan uk limited Company Information

spartan uk limited Estimated Valuation

spartan uk limited Estimated Valuation

spartan uk limited Estimated Valuation

Spartan Uk Limited Overview

Spartan Uk Limited Health Check

SPARTAN UK LIMITED financials

spartan uk limited Credit Report and Business Information

Spartan Uk Limited Competitor Analysis

spartan uk limited Ownership

spartan uk limited directors

spartan uk limited company details

spartan uk limited Charges & Mortgages

spartan uk limited Companies House Filings - See Documents