spm employee benefits ltd
spm employee benefits ltd Company Information
Company Number
05319535
Next Accounts
Jul 2026
Shareholders
spm employee (holdings) limited
Group Structure
View All
Industry
Other activities auxiliary to insurance and pension funding
Registered Address
unit 4 bruntcliffe way, morley, leeds, LS27 0JG
Website
www.sterlingpensions.co.ukspm employee benefits ltd Estimated Valuation
Pomanda estimates the enterprise value of SPM EMPLOYEE BENEFITS LTD at £567.8k based on a Turnover of £718.8k and 0.79x industry multiple (adjusted for size and gross margin).
spm employee benefits ltd Estimated Valuation
Pomanda estimates the enterprise value of SPM EMPLOYEE BENEFITS LTD at £397.3k based on an EBITDA of £79k and a 5.03x industry multiple (adjusted for size and gross margin).
spm employee benefits ltd Estimated Valuation
Pomanda estimates the enterprise value of SPM EMPLOYEE BENEFITS LTD at £177.3k based on Net Assets of £86k and 2.06x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spm Employee Benefits Ltd Overview
Spm Employee Benefits Ltd is a live company located in leeds, LS27 0JG with a Companies House number of 05319535. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in December 2004, it's largest shareholder is spm employee (holdings) limited with a 100% stake. Spm Employee Benefits Ltd is a mature, small sized company, Pomanda has estimated its turnover at £718.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spm Employee Benefits Ltd Health Check
Pomanda's financial health check has awarded Spm Employee Benefits Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
3 Weak
Size
annual sales of £718.8k, make it smaller than the average company (£1.9m)
- Spm Employee Benefits Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (9%)
- Spm Employee Benefits Ltd
9% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Spm Employee Benefits Ltd
100% - Industry AVG
Profitability
an operating margin of 10.8% make it as profitable than the average company (9.7%)
- Spm Employee Benefits Ltd
9.7% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (9)
10 - Spm Employee Benefits Ltd
9 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)
- Spm Employee Benefits Ltd
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £71.9k, this is less efficient (£126k)
- Spm Employee Benefits Ltd
£126k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (49 days)
- Spm Employee Benefits Ltd
49 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spm Employee Benefits Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spm Employee Benefits Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (40 weeks)
65 weeks - Spm Employee Benefits Ltd
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a similar level of debt than the average (55.1%)
56.4% - Spm Employee Benefits Ltd
55.1% - Industry AVG
SPM EMPLOYEE BENEFITS LTD financials
Spm Employee Benefits Ltd's latest turnover from October 2024 is estimated at £718.8 thousand and the company has net assets of £86 thousand. According to their latest financial statements, Spm Employee Benefits Ltd has 10 employees and maintains cash reserves of £141.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Interest Payable | ||||||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | ||||||||||||||||
| Tax | ||||||||||||||||
| Profit After Tax | ||||||||||||||||
| Dividends Paid | ||||||||||||||||
| Retained Profit | ||||||||||||||||
| Employee Costs | ||||||||||||||||
| Number Of Employees | 10 | 10 | 13 | 13 | 15 | 13 | 14 | 11 | 11 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,005 | 20,010 | 30,015 | 9,208 | 19,253 | 29,297 | 14,265 | 23,489 | 10,751 | 8,993 | 27,465 | 43,949 | ||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | 102 | 102 | 101 | 1,101 | 1,101 | 611 | 611 | 611 | 611 | 611 | 611 | 611 | 1 | |||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 10,005 | 20,010 | 30,117 | 102 | 101 | 1,101 | 10,309 | 19,864 | 29,908 | 14,876 | 24,100 | 11,362 | 9,604 | 28,076 | 43,950 | |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 3,089 | 66,868 | 26,403 | 32,020 | 120,667 | 59,617 | 61,749 | 61,065 | 101,865 | 117,012 | 102,686 | 77,053 | 85,537 | 84,679 | 81,207 | 5,000 |
| Group Debtors | ||||||||||||||||
| Misc Debtors | 53,103 | 42,767 | 35,970 | 4,963 | 26,097 | 33,364 | 36,991 | |||||||||
| Cash | 141,223 | 54,084 | 104,726 | 130,924 | 34,573 | 2,513 | 656 | 42,886 | 4,109 | 2,941 | ||||||
| misc current assets | 3,417 | |||||||||||||||
| total current assets | 197,415 | 163,719 | 167,099 | 167,907 | 181,337 | 95,494 | 99,396 | 103,951 | 105,282 | 117,012 | 102,686 | 77,053 | 85,537 | 84,679 | 85,316 | 7,941 |
| total assets | 197,415 | 173,724 | 187,109 | 198,024 | 181,439 | 95,595 | 100,497 | 114,260 | 125,146 | 146,920 | 117,562 | 101,153 | 96,899 | 94,283 | 113,392 | 51,891 |
| Bank overdraft | ||||||||||||||||
| Bank loan | 10,000 | 10,000 | 10,000 | |||||||||||||
| Trade Creditors | 35,429 | 61,259 | 49,094 | 47,725 | 96,788 | 107,605 | 124,285 | 106,255 | 99,492 | 83,894 | 97,488 | 93,761 | 28,959 | |||
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 75,976 | 60,358 | 75,728 | 79,373 | 123,883 | 93,210 | 91,644 | |||||||||
| total current liabilities | 111,405 | 131,617 | 134,822 | 137,098 | 123,883 | 93,210 | 91,644 | 96,788 | 107,605 | 124,285 | 106,255 | 99,492 | 83,894 | 97,488 | 93,761 | 28,959 |
| loans | 16,667 | 26,667 | 36,667 | 50,000 | ||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 8,957 | 14,587 | 20,686 | 10,201 | 12,798 | 7,382 | 19,233 | 26,581 | ||||||||
| provisions | ||||||||||||||||
| total long term liabilities | 16,667 | 26,667 | 36,667 | 50,000 | 8,957 | 14,587 | 20,686 | 10,201 | 12,798 | 7,382 | 19,233 | 26,581 | ||||
| total liabilities | 111,405 | 148,284 | 161,489 | 173,765 | 173,883 | 93,210 | 91,644 | 105,745 | 122,192 | 144,971 | 116,456 | 112,290 | 91,276 | 97,488 | 112,994 | 55,540 |
| net assets | 86,010 | 25,440 | 25,620 | 24,259 | 7,556 | 2,385 | 8,853 | 8,515 | 2,954 | 1,949 | 1,106 | -11,137 | 5,623 | -3,205 | 398 | -3,649 |
| total shareholders funds | 86,010 | 25,440 | 25,620 | 24,259 | 7,556 | 2,385 | 8,853 | 8,515 | 2,954 | 1,949 | 1,106 | -11,137 | 5,623 | -3,205 | 398 | -3,649 |
| Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 1,668 | 10,005 | 10,005 | 9,208 | 10,882 | 10,045 | 9,097 | 9,224 | 6,518 | 12,237 | 18,472 | 21,974 | 9,331 | |||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | ||||||||||||||||
| Debtors | -53,443 | 47,262 | 25,390 | -109,781 | 53,783 | -5,759 | 37,675 | -40,800 | -15,147 | 14,326 | 25,633 | -8,484 | 858 | 3,472 | 76,207 | 5,000 |
| Creditors | -25,830 | 12,165 | 1,369 | 47,725 | -96,788 | -10,817 | -16,680 | 18,030 | 6,763 | 15,598 | -13,594 | 3,727 | 64,802 | 28,959 | ||
| Accruals and Deferred Income | 15,618 | -15,370 | -3,645 | -44,510 | 30,673 | 1,566 | 91,644 | |||||||||
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | -102 | 1 | -1,000 | 490 | 610 | 1 | ||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | -10,000 | 10,000 | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | -16,667 | -10,000 | -10,000 | -13,333 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -8,957 | -5,630 | -6,099 | 10,485 | -2,597 | 5,416 | 7,382 | -19,233 | -7,348 | 26,581 | ||||||
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | 87,139 | -50,642 | -26,198 | 96,351 | 32,060 | 1,857 | -42,230 | 42,886 | -4,109 | 1,168 | 2,941 | |||||
| overdraft | ||||||||||||||||
| change in cash | 87,139 | -50,642 | -26,198 | 96,351 | 32,060 | 1,857 | -42,230 | 42,886 | -4,109 | 1,168 | 2,941 |
spm employee benefits ltd Credit Report and Business Information
Spm Employee Benefits Ltd Competitor Analysis
Perform a competitor analysis for spm employee benefits ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in LS27 area or any other competitors across 12 key performance metrics.
spm employee benefits ltd Ownership
SPM EMPLOYEE BENEFITS LTD group structure
Spm Employee Benefits Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
SPM EMPLOYEE BENEFITS LTD
05319535
1 subsidiary
spm employee benefits ltd directors
Spm Employee Benefits Ltd currently has 4 directors. The longest serving directors include Mrs Lauren Owen (Oct 2005) and Mrs Sandra Higgins (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lauren Owen | England | 58 years | Oct 2005 | - | Director |
| Mrs Sandra Higgins | United Kingdom | 64 years | Jan 2010 | - | Director |
| Mrs Samantha Eamonson | England | 57 years | Jun 2024 | - | Director |
| Miss Joanne Wilkinson | England | 62 years | Jun 2024 | - | Director |
P&L
October 2024turnover
718.8k
-20%
operating profit
77.3k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2024net assets
86k
+2.38%
total assets
197.4k
+0.14%
cash
141.2k
+1.61%
net assets
Total assets minus all liabilities
spm employee benefits ltd company details
company number
05319535
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
December 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2024
previous names
N/A
accountant
-
auditor
-
address
unit 4 bruntcliffe way, morley, leeds, LS27 0JG
Bank
-
Legal Advisor
-
spm employee benefits ltd 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 spm employee benefits ltd.
spm employee benefits ltd 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 SPM EMPLOYEE BENEFITS LTD. This can take several minutes, an email will notify you when this has completed.
spm employee benefits ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
