spence architects ltd
spence architects ltd Company Information
Company Number
09423085
Next Accounts
Nov 2025
Directors
Shareholders
aaron jonathon robert spence
Group Structure
View All
Industry
Architectural activities
Registered Address
33 newman street, london, W1T 1PY
Website
www.spencearchitects.co.ukspence architects ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENCE ARCHITECTS LTD at £11.6k based on a Turnover of £22.8k and 0.51x industry multiple (adjusted for size and gross margin).
spence architects ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENCE ARCHITECTS LTD at £2.9k based on an EBITDA of £626 and a 4.63x industry multiple (adjusted for size and gross margin).
spence architects ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENCE ARCHITECTS LTD at £3 based on Net Assets of £1 and 3.21x industry multiple (adjusted for liquidity).
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Spence Architects Ltd Overview
Spence Architects Ltd is a live company located in london, W1T 1PY with a Companies House number of 09423085. It operates in the architectural activities sector, SIC Code 71111. Founded in February 2015, it's largest shareholder is aaron jonathon robert spence with a 100% stake. Spence Architects Ltd is a established, micro sized company, Pomanda has estimated its turnover at £22.8k with declining growth in recent years.
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Spence Architects Ltd Health Check
Pomanda's financial health check has awarded Spence Architects Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £22.8k, make it smaller than the average company (£663.5k)
- Spence Architects Ltd
£663.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.8%)
- Spence Architects Ltd
4.8% - Industry AVG
Production
with a gross margin of 47.7%, this company has a comparable cost of product (47.7%)
- Spence Architects Ltd
47.7% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (7.4%)
- Spence Architects Ltd
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- Spence Architects Ltd
11 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- Spence Architects Ltd
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £22.8k, this is less efficient (£88.9k)
- Spence Architects Ltd
£88.9k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is near the average (82 days)
- Spence Architects Ltd
82 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spence Architects Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spence Architects Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (32 weeks)
44 weeks - Spence Architects Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (51%)
100% - Spence Architects Ltd
51% - Industry AVG
SPENCE ARCHITECTS LTD financials
Spence Architects Ltd's latest turnover from February 2024 is estimated at £22.8 thousand and the company has net assets of £1. According to their latest financial statements, we estimate that Spence Architects Ltd has 1 employee and maintains cash reserves of £5.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 1,142 | ||||||||
| Total Fixed Assets | 1,142 | ||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 5,155 | 7,855 | 5,149 | 8,814 | 5,555 | 450 | 8,224 | ||
| Group Debtors | |||||||||
| Misc Debtors | 2,986 | ||||||||
| Cash | 5,187 | 6,566 | 13,237 | 10,371 | 6,915 | 5,388 | 4,272 | 7,194 | 4,013 |
| misc current assets | |||||||||
| total current assets | 13,328 | 14,421 | 18,386 | 19,185 | 12,470 | 5,838 | 12,496 | 7,194 | 4,013 |
| total assets | 13,328 | 15,563 | 18,386 | 19,185 | 12,470 | 5,838 | 12,496 | 7,194 | 4,013 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 18 | 15 | 18 | 49 | |||||
| Group/Directors Accounts | 1,278 | 600 | |||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 6,096 | 6,162 | 5,271 | 3,384 | 7,604 | 5,371 | 7,648 | 5,621 | 3,196 |
| total current liabilities | 6,096 | 6,162 | 6,549 | 4,002 | 7,619 | 5,389 | 7,648 | 5,670 | 3,196 |
| loans | 7,231 | 9,400 | 12,350 | 13,349 | |||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 7,231 | 9,400 | 12,350 | 13,349 | |||||
| total liabilities | 13,327 | 15,562 | 18,899 | 17,351 | 7,619 | 5,389 | 7,648 | 5,670 | 3,196 |
| net assets | 1 | 1 | -513 | 1,834 | 4,851 | 449 | 4,848 | 1,524 | 817 |
| total shareholders funds | 1 | 1 | -513 | 1,834 | 4,851 | 449 | 4,848 | 1,524 | 817 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -856 | 3,848 | -3,665 | 3,259 | 5,105 | -7,774 | 8,224 | ||
| Creditors | -18 | 3 | -3 | 18 | -49 | 49 | |||
| Accruals and Deferred Income | -66 | 891 | 1,887 | -4,220 | 2,233 | -2,277 | 2,027 | 2,425 | 3,196 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -1,278 | 678 | 600 | ||||||
| Other Short Term Loans | |||||||||
| Long term loans | -2,169 | -2,950 | -999 | 13,349 | |||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -1,379 | -6,671 | 2,866 | 3,456 | 1,527 | 1,116 | -2,922 | 3,181 | 4,013 |
| overdraft | |||||||||
| change in cash | -1,379 | -6,671 | 2,866 | 3,456 | 1,527 | 1,116 | -2,922 | 3,181 | 4,013 |
spence architects ltd Credit Report and Business Information
Spence Architects Ltd Competitor Analysis
Perform a competitor analysis for spence architects ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
spence architects ltd Ownership
SPENCE ARCHITECTS LTD group structure
Spence Architects Ltd has no subsidiary companies.
Ultimate parent company
SPENCE ARCHITECTS LTD
09423085
spence architects ltd directors
Spence Architects Ltd currently has 1 director, Mr Aaron Spence serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aaron Spence | England | 48 years | Feb 2015 | - | Director |
P&L
February 2024turnover
22.8k
-35%
operating profit
627
0%
gross margin
47.7%
-0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
1
0%
total assets
13.3k
-0.14%
cash
5.2k
-0.21%
net assets
Total assets minus all liabilities
spence architects ltd company details
company number
09423085
Type
Private limited with Share Capital
industry
71111 - Architectural activities
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
33 newman street, london, W1T 1PY
Bank
-
Legal Advisor
-
spence architects 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 spence architects ltd.
spence architects 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 SPENCE ARCHITECTS LTD. This can take several minutes, an email will notify you when this has completed.
spence architects ltd Companies House Filings - See Documents
| date | description | view/download |
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