spire asset funding limited
spire asset funding limited Company Information
Company Number
09117557
Website
www.spire-asset-funding.comRegistered Address
synergy house, 7 acorn business park, mansfield, nottinghamshire, NG18 1EX
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
01246264957
Next Accounts Due
April 2025
Group Structure
View All
Directors
John Lawson10 Years
Shareholders
john samuel lawson 100%
spire asset funding limited Estimated Valuation
Pomanda estimates the enterprise value of SPIRE ASSET FUNDING LIMITED at £106.9k based on a Turnover of £115.6k and 0.92x industry multiple (adjusted for size and gross margin).
spire asset funding limited Estimated Valuation
Pomanda estimates the enterprise value of SPIRE ASSET FUNDING LIMITED at £0 based on an EBITDA of £-8k and a 3.65x industry multiple (adjusted for size and gross margin).
spire asset funding limited Estimated Valuation
Pomanda estimates the enterprise value of SPIRE ASSET FUNDING LIMITED at £0 based on Net Assets of £-7.8k and 0.68x industry multiple (adjusted for liquidity).
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Spire Asset Funding Limited Overview
Spire Asset Funding Limited is a live company located in mansfield, NG18 1EX with a Companies House number of 09117557. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in July 2014, it's largest shareholder is john samuel lawson with a 100% stake. Spire Asset Funding Limited is a established, micro sized company, Pomanda has estimated its turnover at £115.6k with declining growth in recent years.
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Spire Asset Funding Limited Health Check
Pomanda's financial health check has awarded Spire Asset Funding Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £115.6k, make it smaller than the average company (£4.5m)
- Spire Asset Funding Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.1%)
- Spire Asset Funding Limited
4.1% - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (59.5%)
- Spire Asset Funding Limited
59.5% - Industry AVG
Profitability
an operating margin of -6.9% make it less profitable than the average company (10.7%)
- Spire Asset Funding Limited
10.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Spire Asset Funding Limited
13 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£75.3k)
- Spire Asset Funding Limited
£75.3k - Industry AVG
Efficiency
resulting in sales per employee of £57.8k, this is less efficient (£209.6k)
- Spire Asset Funding Limited
£209.6k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (31 days)
- Spire Asset Funding Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (37 days)
- Spire Asset Funding Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spire Asset Funding Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spire Asset Funding Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 168.6%, this is a higher level of debt than the average (57.9%)
168.6% - Spire Asset Funding Limited
57.9% - Industry AVG
SPIRE ASSET FUNDING LIMITED financials
Spire Asset Funding Limited's latest turnover from July 2023 is estimated at £115.6 thousand and the company has net assets of -£7.8 thousand. According to their latest financial statements, Spire Asset Funding Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 815 | 726 | 940 | 847 | 349 | 465 | 495 | 276 | 369 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 815 | 726 | 940 | 847 | 349 | 465 | 495 | 276 | 369 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,532 | 24,975 | 34,013 | 54,791 | 43,073 | 0 | 0 | 0 | 54 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 72 | 69 | 64 | 667 | 60 | 56 | 56 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 48,596 | 34,131 | 38,549 | 17,979 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,532 | 25,047 | 34,082 | 54,855 | 43,740 | 48,656 | 34,187 | 38,605 | 18,033 |
| total assets | 11,347 | 25,773 | 35,022 | 55,702 | 44,089 | 49,121 | 34,682 | 38,881 | 18,402 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 3,729 | 3,555 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,480 | 12,171 | 15,355 | 29,467 | 40,868 | 34 | 34 | 11,132 | 17,432 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 38,764 | 20,749 | 27,497 | 0 |
| total current liabilities | 8,480 | 12,171 | 15,355 | 29,467 | 40,868 | 42,527 | 24,338 | 38,629 | 17,432 |
| loans | 0 | 0 | 0 | 0 | 0 | 6,285 | 10,014 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 10,653 | 13,412 | 19,065 | 25,000 | 2,372 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 88 | 99 | 55 | 74 |
| total long term liabilities | 10,653 | 13,412 | 19,065 | 25,000 | 2,372 | 6,373 | 10,113 | 55 | 74 |
| total liabilities | 19,133 | 25,583 | 34,420 | 54,467 | 43,240 | 48,900 | 34,451 | 38,684 | 17,506 |
| net assets | -7,786 | 190 | 602 | 1,235 | 849 | 221 | 231 | 197 | 896 |
| total shareholders funds | -7,786 | 190 | 602 | 1,235 | 849 | 221 | 231 | 197 | 896 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 132 | 69 | 93 | 45 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,515 | -9,035 | -20,773 | 11,115 | 43,680 | 4 | 0 | 2 | 54 |
| Creditors | -3,691 | -3,184 | -14,112 | -11,401 | 40,834 | 0 | -11,098 | -6,300 | 17,432 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -38,764 | 18,015 | -6,748 | 27,497 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -88 | -11 | 44 | -19 | 74 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -6,285 | -3,729 | 10,014 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,759 | -5,653 | -5,935 | 22,628 | 2,372 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -48,596 | 14,465 | -4,418 | 20,570 | 17,979 |
| overdraft | 0 | 0 | 0 | 0 | -3,729 | 174 | 3,555 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -44,867 | 14,291 | -7,973 | 20,570 | 17,979 |
spire asset funding limited Credit Report and Business Information
Spire Asset Funding Limited Competitor Analysis
Perform a competitor analysis for spire asset funding limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NG18 area or any other competitors across 12 key performance metrics.
spire asset funding limited Ownership
SPIRE ASSET FUNDING LIMITED group structure
Spire Asset Funding Limited has no subsidiary companies.
Ultimate parent company
SPIRE ASSET FUNDING LIMITED
09117557
spire asset funding limited directors
Spire Asset Funding Limited currently has 1 director, Mr John Lawson serving since Jul 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Lawson | England | 62 years | Jul 2014 | - | Director |
P&L
July 2023turnover
115.6k
-14%
operating profit
-8k
0%
gross margin
19.2%
-18.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-7.8k
-41.98%
total assets
11.3k
-0.56%
cash
0
0%
net assets
Total assets minus all liabilities
spire asset funding limited company details
company number
09117557
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
July 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
synergy house, 7 acorn business park, mansfield, nottinghamshire, NG18 1EX
accountant
-
auditor
-
spire asset funding 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 spire asset funding limited.
spire asset funding limited Companies House Filings - See Documents
| date | description | view/download |
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