Pomanda estimates the enterprise value of SPENCER SYNTHETICS LIMITED at £547k based on a Turnover of £1.2m and 0.45x industry multiple (adjusted for size and gross margin).
spencer synthetics limitedEstimated Valuation
£41.9k
Pomanda estimates the enterprise value of SPENCER SYNTHETICS LIMITED at £41.9k based on an EBITDA of £12.5k and a 3.35x industry multiple (adjusted for size and gross margin).
spencer synthetics limitedEstimated Valuation
£548.4k
Pomanda estimates the enterprise value of SPENCER SYNTHETICS LIMITED at £548.4k based on Net Assets of £216.9k and 2.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spencer Synthetics LimitedOverview
Spencer Synthetics Limited is a live company located in haslingden, BB4 5JH with a Companies House number of 04528544. It operates in the manufacture of other textiles n.e.c. sector, SIC Code 13990. Founded in September 2002, it's largest shareholder is
spencer synthetics holdings limited
with a 100% stake. Spencer Synthetics Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Spencer Synthetics Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
7 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£12.7m)
£1.2m - Spencer Synthetics Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (3.4%)
44% - Spencer Synthetics Limited
3.4% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (28.7%)
22.5% - Spencer Synthetics Limited
28.7% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (1.8%)
-1.2% - Spencer Synthetics Limited
1.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (71)
8 - Spencer Synthetics Limited
71 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
£31.1k - Spencer Synthetics Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £152.4k, this is more efficient (£130.2k)
£152.4k - Spencer Synthetics Limited
£130.2k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (43 days)
114 days - Spencer Synthetics Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (42 days)
125 days - Spencer Synthetics Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (93 days)
1 days - Spencer Synthetics Limited
93 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is less cash available to meet short term requirements (24 weeks)
18 weeks - Spencer Synthetics Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.7%, this is a higher level of debt than the average (39.8%)
63.7% - Spencer Synthetics Limited
39.8% - Industry AVG
SPENCER SYNTHETICS LIMITED financials
EXPORT
Spencer Synthetics Limited's latest turnover from December 2024 is estimated at £1.2 million and the company has net assets of £216.9 thousand. According to their latest financial statements, Spencer Synthetics Limited has 8 employees and maintains cash reserves of £115.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2024
Dec 2023
Dec 2022
Dec 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
1,219,306
1,105,466
1,232,120
408,882
512,124
511,818
624,374
550,365
495,796
439,773
659,728
527,392
364,092
398,030
498,615
Other Income Or Grants
Cost Of Sales
944,755
898,569
951,615
310,008
390,294
378,016
483,290
408,259
367,127
338,856
512,079
414,260
271,414
297,989
384,520
Gross Profit
274,551
206,897
280,504
98,874
121,830
133,802
141,085
142,106
128,669
100,917
147,649
113,132
92,678
100,041
114,095
Admin Expenses
289,746
121,132
290,470
181,835
763,652
26,775
34,662
1,551
63,344
74,345
128,090
71,340
44,369
-17,964
-93,589
-279,310
Operating Profit
-15,195
85,765
-9,966
-82,961
-641,822
107,027
106,423
140,555
65,325
26,572
19,559
41,792
48,309
118,005
207,684
279,310
Interest Payable
13,633
8,969
78
78
Interest Receivable
8,206
11,251
4,341
345
556
6,029
5,198
1,499
1,274
2,211
1,948
1,947
1,969
1,619
984
290
Pre-Tax Profit
-6,989
97,016
-19,258
-91,585
-641,266
113,056
111,621
142,053
66,599
28,783
21,508
43,739
50,278
119,624
208,590
279,522
Tax
-24,254
-21,481
-21,208
-26,990
-13,320
-5,756
-4,517
-10,060
-12,067
-31,102
-58,405
-78,266
Profit After Tax
-6,989
72,762
-19,258
-91,585
-641,266
91,575
90,413
115,063
53,279
23,026
16,991
33,679
38,211
88,522
150,185
201,256
Dividends Paid
Retained Profit
-6,989
72,762
-19,258
-91,585
-641,266
91,575
90,413
115,063
53,279
23,026
16,991
33,679
38,211
88,522
150,185
201,256
Employee Costs
248,667
326,059
404,890
356,276
412,032
491,627
432,014
407,594
370,747
85,163
113,465
77,808
54,903
53,413
103,366
Number Of Employees
8
11
14
13
13
16
15
15
13
3
4
3
2
2
4
EBITDA*
12,515
96,746
-5,332
-73,700
-631,540
115,469
111,508
147,745
82,675
52,771
45,138
65,064
69,986
134,287
221,101
292,170
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2024
Dec 2023
Dec 2022
Dec 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
96,207
83,722
23,234
16,523
30,429
41,365
25,007
17,608
28,605
93,694
74,095
100,079
65,910
80,757
63,752
39,678
Intangible Assets
Investments & Other
3,334
307
151
Debtors (Due After 1 year)
Total Fixed Assets
96,207
83,722
23,234
16,523
30,429
44,699
25,314
17,759
28,605
93,694
74,095
100,079
65,910
80,757
63,752
39,678
Stock & work in progress
3,700
3,700
3,700
3,700
9,400
9,500
9,550
9,750
9,150
6,250
4,750
1,000
1,000
1,000
1,000
1,000
Trade Debtors
381,940
332,457
365,982
69,099
108,419
85,270
142,297
136,810
133,312
120,875
188,893
169,331
100,482
117,081
170,929
154,753
Group Debtors
515,030
Misc Debtors
9,725
23,908
19,802
18,959
18,687
Cash
115,806
212,449
216,155
31,884
244,034
867,753
739,995
646,129
552,733
466,121
418,148
361,205
417,604
369,900
277,692
116,050
misc current assets
total current assets
501,446
548,606
585,837
629,438
361,853
986,431
911,644
811,648
713,882
593,246
611,791
531,536
519,086
487,981
449,621
271,803
total assets
597,653
632,328
609,071
645,961
392,282
1,031,130
936,958
829,407
742,487
686,940
685,886
631,615
584,996
568,738
513,373
311,481
Bank overdraft
112,034
2,393
Bank loan
Trade Creditors
325,272
282,536
331,070
35,809
128,446
66,761
60,314
41,361
53,348
130,279
149,616
108,165
96,996
117,001
151,346
103,178
Group/Directors Accounts
6,575
other short term finances
hp & lease commitments
other current liabilities
146,228
61,169
65,019
66,834
82,990
total current liabilities
325,272
282,536
331,070
300,646
128,446
127,930
125,333
108,195
136,338
130,279
149,616
108,165
96,996
117,001
151,346
105,571
loans
174,966
hp & lease commitments
Accruals and Deferred Income
other liabilities
46,803
111,210
125,730
provisions
8,714
14,729
1,180
1,902
3,791
6,426
10,597
8,826
10,774
9,586
3,654
total long term liabilities
55,517
125,939
126,910
174,966
1,902
3,791
6,426
10,597
8,826
10,774
9,586
3,654
total liabilities
380,789
408,475
457,980
475,612
130,348
127,930
125,333
108,195
136,338
134,070
156,042
118,762
105,822
127,775
160,932
109,225
net assets
216,864
223,853
151,091
170,349
261,934
903,200
811,625
721,212
606,149
552,870
529,844
512,853
479,174
440,963
352,441
202,256
total shareholders funds
216,864
223,853
151,091
170,349
261,934
903,200
811,625
721,212
606,149
552,870
529,844
512,853
479,174
440,963
352,441
202,256
Dec 2024
Dec 2023
Dec 2022
Dec 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
-15,195
85,765
-9,966
-82,961
-641,822
107,027
106,423
140,555
65,325
26,572
19,559
41,792
48,309
118,005
207,684
279,310
Depreciation
27,710
10,981
4,634
9,261
10,282
8,442
5,085
7,190
17,350
26,199
25,579
23,272
21,677
16,282
13,417
12,860
Amortisation
Tax
-24,254
-21,481
-21,208
-26,990
-13,320
-5,756
-4,517
-10,060
-12,067
-31,102
-58,405
-78,266
Stock
-5,700
-100
-50
-200
600
2,900
1,500
3,750
1,000
Debtors
49,483
-33,525
-227,872
485,435
-759
-52,921
6,330
3,770
31,124
-68,018
19,562
68,849
-16,599
-53,848
16,176
154,753
Creditors
42,736
-48,534
295,261
-92,637
61,685
6,447
18,953
-11,987
-76,931
-19,337
41,451
11,169
-20,005
-34,345
48,168
103,178
Accruals and Deferred Income
-146,228
146,228
-61,169
-3,850
-1,815
-16,156
82,990
Deferred Taxes & Provisions
-6,015
13,549
1,180
-1,902
1,902
-3,791
-2,635
-4,171
1,771
-1,948
1,188
5,932
3,654
Cash flow from operations
-247
71,032
372,753
-501,746
-628,263
149,556
101,308
88,242
37,599
91,561
54,589
-905
52,565
123,876
200,620
164,983
Investing Activities
capital expenditure
-40,195
-71,469
-11,345
4,645
654
-24,800
-12,484
3,807
47,739
-45,798
405
-57,441
-6,830
-33,287
-37,491
-52,538
Change in Investments
-3,334
3,027
156
151
cash flow from investments
-40,195
-71,469
-11,345
4,645
3,988
-27,827
-12,640
3,656
47,739
-45,798
405
-57,441
-6,830
-33,287
-37,491
-52,538
Financing Activities
Bank loans
Group/Directors Accounts
-6,575
6,575
Other Short Term Loans
Long term loans
-174,966
174,966
Hire Purchase and Lease Commitments
other long term liabilities
-64,407
-14,520
125,730
share issue
1,000
interest
8,206
11,251
-9,292
-8,624
556
6,029
5,198
1,499
1,274
2,211
1,948
1,947
1,969
1,619
906
212
cash flow from financing
-56,201
-3,269
-65,103
172,917
556
6,029
5,198
1,499
1,274
2,211
1,948
1,947
1,969
1,619
906
1,212
cash and cash equivalents
cash
-96,643
-3,706
184,271
-212,150
-623,719
127,758
93,866
93,396
86,612
47,973
56,943
-56,399
47,704
92,208
161,642
116,050
overdraft
-112,034
112,034
-2,393
2,393
change in cash
-96,643
-3,706
296,305
-324,184
-623,719
127,758
93,866
93,396
86,612
47,973
56,943
-56,399
47,704
92,208
164,035
113,657
spencer synthetics limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spencer synthetics limited. Get real-time insights into spencer synthetics limited's credit score, group structure and payment trends.
Perform a competitor analysis for spencer synthetics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BB4 area or any other competitors across 12 key performance metrics.
spencer synthetics limited Ownership
SPENCER SYNTHETICS LIMITED group structure
Spencer Synthetics Limited has no subsidiary companies.
The sole shareholder of Spencer Synthetics Limited is Spencer Synthetics Holdings Limited.
spencer synthetics holdings limited
100%
spencer synthetics limited directors
Spencer Synthetics Limited currently has 3 directors.
The longest serving directors include
Mr Jack Sharples (Feb 2021) and
Mr Marc Sharples (Feb 2021).
unit l-m hud hey industrial est, hud hey road, haslingden, rossendale, BB4 5JH
Bank
-
Legal Advisor
-
spencer synthetics 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 spencer synthetics limited. Currently there are 1 open charges and 1 have been satisfied in the past.
spencer synthetics 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 SPENCER SYNTHETICS LIMITED. This can take several minutes, an email will notify you when this has completed.
spencer synthetics limitedCompanies House Filings - See Documents
