spectrum people
spectrum people Company Information
Company Number
08400970
Website
http://spectrumhealth.org.ukRegistered Address
1 navigation walk, wakefield, west yorkshire, WF1 5RH
Industry
Other social work activities without accommodation n.e.c.
Telephone
01924311400
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
spectrum people Estimated Valuation
Pomanda estimates the enterprise value of SPECTRUM PEOPLE at £155.6k based on a Turnover of £284k and 0.55x industry multiple (adjusted for size and gross margin).
spectrum people Estimated Valuation
Pomanda estimates the enterprise value of SPECTRUM PEOPLE at £140 based on an EBITDA of £31 and a 4.41x industry multiple (adjusted for size and gross margin).
spectrum people Estimated Valuation
Pomanda estimates the enterprise value of SPECTRUM PEOPLE at £118.3k based on Net Assets of £149.4k and 0.79x industry multiple (adjusted for liquidity).
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Spectrum People Overview
Spectrum People is a live company located in west yorkshire, WF1 5RH with a Companies House number of 08400970. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in February 2013, it's largest shareholder is unknown. Spectrum People is a established, micro sized company, Pomanda has estimated its turnover at £284k with high growth in recent years.
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Spectrum People Health Check
Pomanda's financial health check has awarded Spectrum People a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £284k, make it smaller than the average company (£462.1k)
£284k - Spectrum People
£462.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (5.5%)
23% - Spectrum People
5.5% - Industry AVG
Production
with a gross margin of 45%, this company has a comparable cost of product (45%)
45% - Spectrum People
45% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (3.9%)
0% - Spectrum People
3.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
8 - Spectrum People
14 - Industry AVG
Pay Structure
on an average salary of £23.3k, the company has an equivalent pay structure (£23.3k)
- Spectrum People
£23.3k - Industry AVG
Efficiency
resulting in sales per employee of £35.5k, this is equally as efficient (£38k)
£35.5k - Spectrum People
£38k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (16 days)
0 days - Spectrum People
16 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (7 days)
32 days - Spectrum People
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spectrum People
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 376 weeks, this is more cash available to meet short term requirements (255 weeks)
376 weeks - Spectrum People
255 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a similar level of debt than the average (11.7%)
12.6% - Spectrum People
11.7% - Industry AVG
SPECTRUM PEOPLE financials
Spectrum People's latest turnover from March 2023 is £284 thousand and the company has net assets of £149.4 thousand. According to their latest financial statements, Spectrum People has 8 employees and maintains cash reserves of £155.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 284,032 | 219,765 | 216,865 | 152,609 | 135,116 | 130,508 | 71,035 | 96,361 | 88,598 | 131,364 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 54 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 6,959 | -38,440 | 63,313 | 3,289 | 6,348 | 18,980 | -37,427 | -2,950 | 42,732 | 86,587 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 6,959 | -38,440 | 63,313 | 3,289 | 6,348 | 18,980 | -37,427 | -2,950 | 42,732 | 86,587 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 6,959 | -38,440 | 63,313 | 3,289 | 6,348 | 18,980 | -37,427 | -2,950 | 42,732 | 86,587 |
| Employee Costs | 39,872 | 30,967 | 5,327 | 10,332 | ||||||
| Number Of Employees | 8 | 9 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 499 | 10,100 | 34,028 | 958 | 6,264 | 420 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 15,062 | 655 | 6,530 | 160 | 746 | 660 | 930 | 0 | 0 | 0 |
| Cash | 155,277 | 247,523 | 176,081 | 131,003 | 131,889 | 119,594 | 102,904 | 141,495 | 140,142 | 94,382 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 170,838 | 258,278 | 216,639 | 132,121 | 138,899 | 120,674 | 103,834 | 141,495 | 140,142 | 94,382 |
| total assets | 170,838 | 258,278 | 216,639 | 132,121 | 138,899 | 120,674 | 103,834 | 141,495 | 140,142 | 94,382 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,969 | 0 | 0 | 944 | 24,269 | 2,084 | 1,375 | 9,933 | 10,103 | 7,037 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,478 | 115,846 | 35,767 | 13,618 | 360 | 10,668 | 13,517 | 5,193 | 720 | 758 |
| total current liabilities | 21,447 | 115,846 | 35,767 | 14,562 | 24,629 | 12,752 | 14,892 | 15,126 | 10,823 | 7,795 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,447 | 115,846 | 35,767 | 14,562 | 24,629 | 12,752 | 14,892 | 15,126 | 10,823 | 7,795 |
| net assets | 149,391 | 142,432 | 180,872 | 117,559 | 114,270 | 107,922 | 88,942 | 126,369 | 129,319 | 86,587 |
| total shareholders funds | 149,391 | 142,432 | 180,872 | 117,559 | 114,270 | 107,922 | 88,942 | 126,369 | 129,319 | 86,587 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,806 | -29,803 | 39,440 | -5,892 | 5,930 | 150 | 930 | 0 | 0 | 0 |
| Creditors | 13,969 | 0 | -944 | -23,325 | 22,185 | 709 | -8,558 | -170 | 3,066 | 7,037 |
| Accruals and Deferred Income | -108,368 | 80,079 | 22,149 | 13,258 | -10,308 | -2,849 | 8,324 | 4,473 | -38 | 758 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -54 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | -54 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||||
| cash | -92,246 | 71,442 | 45,078 | -886 | 12,295 | 16,690 | -38,591 | 1,353 | 45,760 | 94,382 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -92,246 | 71,442 | 45,078 | -886 | 12,295 | 16,690 | -38,591 | 1,353 | 45,760 | 94,382 |
spectrum people Credit Report and Business Information
Spectrum People Competitor Analysis
Perform a competitor analysis for spectrum people by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WF1 area or any other competitors across 12 key performance metrics.
spectrum people Ownership
SPECTRUM PEOPLE group structure
Spectrum People has no subsidiary companies.
Ultimate parent company
SPECTRUM PEOPLE
08400970
spectrum people directors
Spectrum People currently has 8 directors. The longest serving directors include Dr Steven Michael (Feb 2013) and Dr Linda Harris (Feb 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Steven Michael | United Kingdom | 62 years | Feb 2013 | - | Director |
| Dr Linda Harris | England | 59 years | Feb 2013 | - | Director |
| Dr Richard Sloan | England | 78 years | Dec 2016 | - | Director |
| Mr Andrew Pepper | England | 53 years | Oct 2018 | - | Director |
| Mr John Major | England | 69 years | Apr 2019 | - | Director |
| Mr Peter Box | 77 years | Jan 2020 | - | Director | |
| Ms Jayne Beecham | England | 67 years | Jul 2023 | - | Director |
| Miss Rosalind Hill | England | 48 years | Aug 2023 | - | Director |
P&L
March 2023turnover
284k
+29%
operating profit
31.9
0%
gross margin
45%
-3.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
149.4k
+0.05%
total assets
170.8k
-0.34%
cash
155.3k
-0.37%
net assets
Total assets minus all liabilities
spectrum people company details
company number
08400970
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
February 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
1 navigation walk, wakefield, west yorkshire, WF1 5RH
accountant
PAUL DRANT
auditor
-
spectrum people 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 spectrum people.
spectrum people Companies House Filings - See Documents
| date | description | view/download |
|---|
