spear digital limited
spear digital limited Company Information
Company Number
07211073
Website
-Registered Address
rear of raydean house, 15 western parade, barnet, hertfordshire, EN5 1AH
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Gary Hughes14 Years
Shareholders
gary hughes 100%
spear digital limited Estimated Valuation
Pomanda estimates the enterprise value of SPEAR DIGITAL LIMITED at £37.5k based on a Turnover of £53.7k and 0.7x industry multiple (adjusted for size and gross margin).
spear digital limited Estimated Valuation
Pomanda estimates the enterprise value of SPEAR DIGITAL LIMITED at £0 based on an EBITDA of £-5k and a 5.01x industry multiple (adjusted for size and gross margin).
spear digital limited Estimated Valuation
Pomanda estimates the enterprise value of SPEAR DIGITAL LIMITED at £3k based on Net Assets of £1.3k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spear Digital Limited Overview
Spear Digital Limited is a live company located in barnet, EN5 1AH with a Companies House number of 07211073. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2010, it's largest shareholder is gary hughes with a 100% stake. Spear Digital Limited is a established, micro sized company, Pomanda has estimated its turnover at £53.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spear Digital Limited Health Check
Pomanda's financial health check has awarded Spear Digital Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £53.7k, make it smaller than the average company (£831.2k)
- Spear Digital Limited
£831.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (5.1%)
- Spear Digital Limited
5.1% - Industry AVG
Production
with a gross margin of 49.2%, this company has a comparable cost of product (49.2%)
- Spear Digital Limited
49.2% - Industry AVG
Profitability
an operating margin of -9.9% make it less profitable than the average company (7.7%)
- Spear Digital Limited
7.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Spear Digital Limited
8 - Industry AVG
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£53.3k)
- Spear Digital Limited
£53.3k - Industry AVG
Efficiency
resulting in sales per employee of £53.7k, this is less efficient (£122.5k)
- Spear Digital Limited
£122.5k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (66 days)
- Spear Digital Limited
66 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spear Digital Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spear Digital Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (19 weeks)
38 weeks - Spear Digital Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.6%, this is a higher level of debt than the average (57.3%)
86.6% - Spear Digital Limited
57.3% - Industry AVG
SPEAR DIGITAL LIMITED financials
Spear Digital Limited's latest turnover from April 2023 is estimated at £53.7 thousand and the company has net assets of £1.3 thousand. According to their latest financial statements, Spear Digital Limited has 1 employee and maintains cash reserves of £6.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 936 | 1,248 | 1,664 | 1,729 | 1,429 | 1,905 | 2,072 | 2,061 | 2,165 | 2,887 | 1,850 | 673 | 897 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 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 |
| Total Fixed Assets | 936 | 1,248 | 1,664 | 1,729 | 1,429 | 1,905 | 2,072 | 2,061 | 2,165 | 2,887 | 1,850 | 673 | 897 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,670 | 1,740 | 600 | 0 | 2,496 | 4,956 | 5,994 | 5,282 | 10,838 | 7,194 | 4,190 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 6,337 | 9,039 | 14,341 | 8,444 | 6,196 | 5,009 | 8,095 | 10,606 | 18,452 | 13,265 | 10,585 | 12,814 | 10,865 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,007 | 10,779 | 14,941 | 8,444 | 8,692 | 9,965 | 14,089 | 15,888 | 29,290 | 20,459 | 14,775 | 12,814 | 10,865 |
| total assets | 9,943 | 12,027 | 16,605 | 10,173 | 10,121 | 11,870 | 16,161 | 17,949 | 31,455 | 23,346 | 16,625 | 13,487 | 11,762 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,130 | 11,657 | 11,154 | 7,644 | 8,652 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 532 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 8,615 | 5,699 | 7,046 | 3,214 | 3,377 | 4,156 | 6,068 | 7,854 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,615 | 5,699 | 7,046 | 3,214 | 3,377 | 4,156 | 6,600 | 7,854 | 12,130 | 11,657 | 11,154 | 7,644 | 8,652 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 8,615 | 5,699 | 7,046 | 3,214 | 3,377 | 4,156 | 6,600 | 7,854 | 12,130 | 11,657 | 11,154 | 7,644 | 8,652 |
| net assets | 1,328 | 6,328 | 9,559 | 6,959 | 6,744 | 7,714 | 9,561 | 10,095 | 19,325 | 11,689 | 5,471 | 5,843 | 3,110 |
| total shareholders funds | 1,328 | 6,328 | 9,559 | 6,959 | 6,744 | 7,714 | 9,561 | 10,095 | 19,325 | 11,689 | 5,471 | 5,843 | 3,110 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 312 | 416 | 555 | 576 | 635 | 691 | 687 | 722 | 962 | 617 | 224 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 930 | 1,140 | 600 | -2,496 | -2,460 | -1,038 | 712 | -5,556 | 3,644 | 3,004 | 4,190 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,130 | 473 | 503 | 3,510 | -1,008 | 8,652 |
| Accruals and Deferred Income | 2,916 | -1,347 | 3,832 | -163 | -779 | -1,912 | -1,786 | 7,854 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -532 | 532 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -2,702 | -5,302 | 5,897 | 2,248 | 1,187 | -3,086 | -2,511 | -7,846 | 5,187 | 2,680 | -2,229 | 1,949 | 10,865 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,702 | -5,302 | 5,897 | 2,248 | 1,187 | -3,086 | -2,511 | -7,846 | 5,187 | 2,680 | -2,229 | 1,949 | 10,865 |
spear digital limited Credit Report and Business Information
Spear Digital Limited Competitor Analysis
Perform a competitor analysis for spear digital limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EN5 area or any other competitors across 12 key performance metrics.
spear digital limited Ownership
SPEAR DIGITAL LIMITED group structure
Spear Digital Limited has no subsidiary companies.
Ultimate parent company
SPEAR DIGITAL LIMITED
07211073
spear digital limited directors
Spear Digital Limited currently has 1 director, Mr Gary Hughes serving since Apr 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Hughes | England | 50 years | Apr 2010 | - | Director |
P&L
April 2023turnover
53.7k
+12%
operating profit
-5.3k
0%
gross margin
49.3%
+3.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.3k
-0.79%
total assets
9.9k
-0.17%
cash
6.3k
-0.3%
net assets
Total assets minus all liabilities
spear digital limited company details
company number
07211073
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
April 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
rear of raydean house, 15 western parade, barnet, hertfordshire, EN5 1AH
Bank
-
Legal Advisor
-
spear digital 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 did not find charges/mortgages relating to spear digital limited.
spear digital limited Companies House Filings - See Documents
| date | description | view/download |
|---|
