spencer technologies uk limited
spencer technologies uk limited Company Information
Company Number
09156478
Next Accounts
Sep 2025
Industry
Other information technology and computer service activities
Shareholders
spencer technologies inc.
dominic anthony chapman
View AllGroup Structure
View All
Contact
Registered Address
the hart shaw building, europa link, sheffield, S9 1XU
Website
www.spencertechonline.comspencer technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of SPENCER TECHNOLOGIES UK LIMITED at £9.2m based on a Turnover of £10.2m and 0.9x industry multiple (adjusted for size and gross margin).
spencer technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of SPENCER TECHNOLOGIES UK LIMITED at £7.4m based on an EBITDA of £1.2m and a 6.03x industry multiple (adjusted for size and gross margin).
spencer technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of SPENCER TECHNOLOGIES UK LIMITED at £3.1m based on Net Assets of £1.4m and 2.23x industry multiple (adjusted for liquidity).
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Spencer Technologies Uk Limited Overview
Spencer Technologies Uk Limited is a live company located in sheffield, S9 1XU with a Companies House number of 09156478. It operates in the other information technology service activities sector, SIC Code 62090. Founded in July 2014, it's largest shareholder is spencer technologies inc. with a 98% stake. Spencer Technologies Uk Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.2m with rapid growth in recent years.
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Spencer Technologies Uk Limited Health Check
Pomanda's financial health check has awarded Spencer Technologies Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £10.2m, make it larger than the average company (£7.3m)
- Spencer Technologies Uk Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (8%)
- Spencer Technologies Uk Limited
8% - Industry AVG
Production
with a gross margin of 51.7%, this company has a comparable cost of product (51.7%)
- Spencer Technologies Uk Limited
51.7% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (3.5%)
- Spencer Technologies Uk Limited
3.5% - Industry AVG
Employees
with 22 employees, this is below the industry average (43)
22 - Spencer Technologies Uk Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.2k, the company has an equivalent pay structure (£74.2k)
- Spencer Technologies Uk Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £465.6k, this is more efficient (£177.9k)
- Spencer Technologies Uk Limited
£177.9k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (52 days)
- Spencer Technologies Uk Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (33 days)
- Spencer Technologies Uk Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spencer Technologies Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)
9 weeks - Spencer Technologies Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52%, this is a lower level of debt than the average (64.7%)
52% - Spencer Technologies Uk Limited
64.7% - Industry AVG
SPENCER TECHNOLOGIES UK LIMITED financials
Spencer Technologies Uk Limited's latest turnover from December 2023 is estimated at £10.2 million and the company has net assets of £1.4 million. According to their latest financial statements, Spencer Technologies Uk Limited has 22 employees and maintains cash reserves of £269.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 22 | 20 | 16 | 20 | 15 | 10 | 10 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,619 | 16,246 | 14,836 | 33,282 | 31,577 | 37,146 | 52,348 | 70,490 | 68,794 |
| Intangible Assets | 0 | 0 | 0 | 0 | 50,544 | 111,197 | 171,850 | 232,503 | 293,156 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 94,964 | 94,398 | 80,600 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 103,583 | 110,644 | 95,436 | 33,282 | 82,121 | 148,343 | 224,198 | 302,993 | 361,950 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 401,693 | 184,553 | 30,000 |
| Trade Debtors | 2,479,780 | 1,680,861 | 626,146 | 497,128 | 732,188 | 704,692 | 505,320 | 1,310,026 | 466,849 |
| Group Debtors | 0 | 105,746 | 0 | 371,742 | 184,112 | 0 | 0 | 0 | 0 |
| Misc Debtors | 79,440 | 106,202 | 186,269 | 35,970 | 183,017 | 368,664 | 39,141 | 0 | 0 |
| Cash | 269,925 | 398,756 | 77,801 | 619,258 | 176,794 | 161,545 | 545,576 | 61,603 | 8,996 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,829,145 | 2,291,565 | 890,216 | 1,524,098 | 1,276,111 | 1,234,901 | 1,491,730 | 1,556,182 | 505,845 |
| total assets | 2,932,728 | 2,402,209 | 985,652 | 1,557,380 | 1,358,232 | 1,383,244 | 1,715,928 | 1,859,175 | 867,795 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 414,303 | 143,199 | 86,500 | 156,799 | 194,186 | 321,281 | 323,017 | 1,602,172 | 423,443 |
| Group/Directors Accounts | 346,783 | 0 | 9,442 | 0 | 0 | 60,000 | 459,693 | 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 | 762,586 | 1,774,284 | 665,803 | 628,072 | 232,952 | 150,663 | 375,087 | 0 | 0 |
| total current liabilities | 1,523,672 | 1,917,483 | 761,745 | 784,871 | 427,138 | 531,944 | 1,157,797 | 1,602,172 | 423,443 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 536,877 |
| provisions | 800 | 2,800 | 2,300 | 5,800 | 5,600 | 6,600 | 9,979 | 13,607 | 0 |
| total long term liabilities | 800 | 2,800 | 2,300 | 5,800 | 5,600 | 6,600 | 9,979 | 13,607 | 536,877 |
| total liabilities | 1,524,472 | 1,920,283 | 764,045 | 790,671 | 432,738 | 538,544 | 1,167,776 | 1,615,779 | 960,320 |
| net assets | 1,408,256 | 481,926 | 221,607 | 766,709 | 925,494 | 844,700 | 548,152 | 243,396 | -92,525 |
| total shareholders funds | 1,408,256 | 481,926 | 221,607 | 766,709 | 925,494 | 844,700 | 548,152 | 243,396 | -92,525 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,680 | 7,783 | 9,446 | 15,902 | 15,202 | 15,257 | 0 | 14,390 | |
| Amortisation | 0 | 0 | 0 | 0 | 60,653 | 60,653 | 60,653 | 10,109 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -401,693 | 217,140 | 154,553 | 30,000 |
| Debtors | 666,977 | 1,094,192 | -11,825 | -194,477 | 25,961 | 528,895 | -765,565 | 843,177 | 466,849 |
| Creditors | 271,104 | 56,699 | -70,299 | -37,387 | -127,095 | -1,736 | -1,279,155 | 1,178,729 | 423,443 |
| Accruals and Deferred Income | -1,011,698 | 1,108,481 | 37,731 | 395,120 | 82,289 | -224,424 | 375,087 | 0 | 0 |
| Deferred Taxes & Provisions | -2,000 | 500 | -3,500 | 200 | -1,000 | -3,379 | -3,628 | 13,607 | 0 |
| 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 | 346,783 | -9,442 | 9,442 | 0 | -60,000 | -399,693 | 459,693 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -536,877 | 536,877 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -128,831 | 320,955 | -541,457 | 442,464 | 15,249 | -384,031 | 483,973 | 52,607 | 8,996 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -128,831 | 320,955 | -541,457 | 442,464 | 15,249 | -384,031 | 483,973 | 52,607 | 8,996 |
spencer technologies uk limited Credit Report and Business Information
Spencer Technologies Uk Limited Competitor Analysis
Perform a competitor analysis for spencer technologies uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in S 9 area or any other competitors across 12 key performance metrics.
spencer technologies uk limited Ownership
SPENCER TECHNOLOGIES UK LIMITED group structure
Spencer Technologies Uk Limited has no subsidiary companies.
Ultimate parent company
SPENCER TECHNOLOGIES INC
#0091223
1 parent
SPENCER TECHNOLOGIES UK LIMITED
09156478
spencer technologies uk limited directors
Spencer Technologies Uk Limited currently has 2 directors. The longest serving directors include Mr David Strickler (Jul 2014) and Mr Dominic Chapman (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Strickler | United States | 59 years | Jul 2014 | - | Director |
| Mr Dominic Chapman | United Kingdom | 49 years | Nov 2018 | - | Director |
P&L
December 2023turnover
10.2m
+50%
operating profit
1.2m
0%
gross margin
51.7%
-0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.4m
+1.92%
total assets
2.9m
+0.22%
cash
269.9k
-0.32%
net assets
Total assets minus all liabilities
spencer technologies uk limited company details
company number
09156478
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the hart shaw building, europa link, sheffield, S9 1XU
Bank
-
Legal Advisor
-
spencer technologies uk 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 spencer technologies uk limited.
spencer technologies uk 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.
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spencer technologies uk limited Companies House Filings - See Documents
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