spectrum living solutions ltd Company Information
Company Number
09443919
Next Accounts
Apr 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
oliver macfarlane
david lockhart
Group Structure
View All
Contact
Registered Address
99 long street, middleton, manchester, M24 6UN
Website
www.slscommunity.orgspectrum living solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SPECTRUM LIVING SOLUTIONS LTD at £24.2m based on a Turnover of £6.2m and 3.92x industry multiple (adjusted for size and gross margin).
spectrum living solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SPECTRUM LIVING SOLUTIONS LTD at £30.5m based on an EBITDA of £3.8m and a 8.08x industry multiple (adjusted for size and gross margin).
spectrum living solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SPECTRUM LIVING SOLUTIONS LTD at £2.9m based on Net Assets of £1.7m and 1.74x industry multiple (adjusted for liquidity).
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Spectrum Living Solutions Ltd Overview
Spectrum Living Solutions Ltd is a live company located in manchester, M24 6UN with a Companies House number of 09443919. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2015, it's largest shareholder is oliver macfarlane with a 50% stake. Spectrum Living Solutions Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.2m with rapid growth in recent years.
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Spectrum Living Solutions Ltd Health Check
Pomanda's financial health check has awarded Spectrum Living Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £6.2m, make it larger than the average company (£832k)
- Spectrum Living Solutions Ltd
£832k - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (2.4%)
- Spectrum Living Solutions Ltd
2.4% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Spectrum Living Solutions Ltd
72.4% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 61.2% make it more profitable than the average company (27%)
- Spectrum Living Solutions Ltd
27% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (4)
2 - Spectrum Living Solutions Ltd
4 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Spectrum Living Solutions Ltd
£31k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £3.1m, this is more efficient (£174.7k)
- Spectrum Living Solutions Ltd
£174.7k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 63 days, this is later than average (32 days)
- Spectrum Living Solutions Ltd
32 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (35 days)
- Spectrum Living Solutions Ltd
35 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spectrum Living Solutions Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 89 weeks, this is more cash available to meet short term requirements (13 weeks)
89 weeks - Spectrum Living Solutions Ltd
13 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 95.5%, this is a higher level of debt than the average (68.5%)
95.5% - Spectrum Living Solutions Ltd
68.5% - Industry AVG
SPECTRUM LIVING SOLUTIONS LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Spectrum Living Solutions Ltd's latest turnover from July 2023 is estimated at £6.2 million and the company has net assets of £1.7 million. According to their latest financial statements, Spectrum Living Solutions Ltd has 2 employees and maintains cash reserves of £428.3 thousand 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 | |
---|---|---|---|---|---|---|---|---|
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 | 2 | 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 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,059 | 474 | 948 | 2,214,345 | 988,510 | 1,440,725 | 2,063,817 | 1,563 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 35,207,953 | 35,469,953 | 35,469,953 | 35,867,953 | 35,867,953 | 33,842,017 | 27,958,000 | 13,564,793 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 35,209,012 | 35,470,427 | 35,470,901 | 38,082,298 | 36,856,463 | 35,282,742 | 30,021,817 | 13,566,356 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,067,453 | 329,157 | 160,546 | 168,638 | 185,958 | 132,918 | 90,905 | 5,044 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 440,043 | 447,478 | 503,506 | 474,241 | 493,495 | 547,265 | 381,537 | 231,609 |
Cash | 428,282 | 655,190 | 246,304 | 766,297 | 345,214 | 927,474 | 1,662,016 | 576,645 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,935,778 | 1,431,825 | 910,356 | 1,409,176 | 1,024,667 | 1,607,657 | 2,134,458 | 813,298 |
total assets | 37,144,790 | 36,902,252 | 36,381,257 | 39,491,474 | 37,881,130 | 36,890,399 | 32,156,275 | 14,379,654 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 12,486 | 7,192 | 2,315 | 2,313 | 156,718 | 295,988 | 259,037 | 278,419 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 235,419 | 690,766 | 218,176 | 763,584 | 173,914 | 794,947 | 1,499,311 | 37,223 |
total current liabilities | 247,905 | 697,958 | 220,491 | 765,897 | 330,632 | 1,090,935 | 1,758,348 | 315,642 |
loans | 34,158,452 | 33,545,913 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 33,545,913 | 35,998,440 | 34,819,052 | 33,075,673 | 28,078,509 | 13,461,805 |
provisions | 1,060,048 | 1,040,111 | 1,027,916 | 778,897 | 693,011 | 669,898 | 593,812 | 258,944 |
total long term liabilities | 35,218,500 | 34,586,024 | 34,573,829 | 36,777,337 | 35,512,063 | 33,745,571 | 28,672,321 | 13,720,749 |
total liabilities | 35,466,405 | 35,283,982 | 34,794,320 | 37,543,234 | 35,842,695 | 34,836,506 | 30,430,669 | 14,036,391 |
net assets | 1,678,385 | 1,618,270 | 1,586,937 | 1,948,240 | 2,038,435 | 2,053,893 | 1,725,606 | 343,263 |
total shareholders funds | 1,678,385 | 1,618,270 | 1,586,937 | 1,948,240 | 2,038,435 | 2,053,893 | 1,725,606 | 343,263 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 940 | 474 | 467 | 0 | 425 | 569 | 569 | 144 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 730,861 | 112,583 | 21,173 | -36,574 | -730 | 207,741 | 235,789 | 236,653 |
Creditors | 5,294 | 4,877 | 2 | -154,405 | -139,270 | 36,951 | -19,382 | 278,419 |
Accruals and Deferred Income | -455,347 | 472,590 | -545,408 | 589,670 | -621,033 | -704,364 | 1,462,088 | 37,223 |
Deferred Taxes & Provisions | 19,937 | 12,195 | 249,019 | 85,886 | 23,113 | 76,086 | 334,868 | 258,944 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | -262,000 | 0 | -398,000 | 0 | 2,025,936 | 5,884,017 | 14,393,207 | 13,564,793 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 612,539 | 33,545,913 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -33,545,913 | -2,452,527 | 1,179,388 | 1,743,379 | 4,997,164 | 14,616,704 | 13,461,805 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -226,908 | 408,886 | -519,993 | 421,083 | -582,260 | -734,542 | 1,085,371 | 576,645 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -226,908 | 408,886 | -519,993 | 421,083 | -582,260 | -734,542 | 1,085,371 | 576,645 |
spectrum living solutions ltd Credit Report and Business Information
Spectrum Living Solutions Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for spectrum living solutions ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in M24 area or any other competitors across 12 key performance metrics.
spectrum living solutions ltd Ownership
SPECTRUM LIVING SOLUTIONS LTD group structure
Spectrum Living Solutions Ltd has no subsidiary companies.
Ultimate parent company
SPECTRUM LIVING SOLUTIONS LTD
09443919
spectrum living solutions ltd directors
Spectrum Living Solutions Ltd currently has 2 directors. The longest serving directors include Mr Oliver MacFarlane (Feb 2015) and Mr David Lockhart (Feb 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Oliver MacFarlane | United Kingdom | 57 years | Feb 2015 | - | Director |
Mr David Lockhart | England | 62 years | Feb 2015 | - | Director |
P&L
July 2023turnover
6.2m
+228%
operating profit
3.8m
0%
gross margin
72.4%
+1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.7m
+0.04%
total assets
37.1m
+0.01%
cash
428.3k
-0.35%
net assets
Total assets minus all liabilities
spectrum living solutions ltd company details
company number
09443919
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
99 long street, middleton, manchester, M24 6UN
Bank
-
Legal Advisor
-
spectrum living solutions 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 spectrum living solutions ltd.
spectrum living solutions 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 SPECTRUM LIVING SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
spectrum living solutions ltd Companies House Filings - See Documents
date | description | view/download |
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