spring operations limited
spring operations limited Company Information
Company Number
09610165
Next Accounts
Jun 2025
Industry
Buying and selling of own real estate
Shareholders
npt holdings limited
Group Structure
View All
Contact
Registered Address
sunley house bedford park, croydon, CR0 2AP
Website
https://www.springmove.co.ukspring operations limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING OPERATIONS LIMITED at £8.7m based on a Turnover of £3m and 2.9x industry multiple (adjusted for size and gross margin).
spring operations limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING OPERATIONS LIMITED at £2.1m based on an EBITDA of £316.3k and a 6.61x industry multiple (adjusted for size and gross margin).
spring operations limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING OPERATIONS LIMITED at £1.2m based on Net Assets of £743.3k and 1.61x industry multiple (adjusted for liquidity).
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Spring Operations Limited Overview
Spring Operations Limited is a live company located in croydon, CR0 2AP with a Companies House number of 09610165. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2015, it's largest shareholder is npt holdings limited with a 100% stake. Spring Operations Limited is a young, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.
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Spring Operations Limited Health Check
Pomanda's financial health check has awarded Spring Operations Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £3m, make it larger than the average company (£884k)
- Spring Operations Limited
£884k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.5%)
- Spring Operations Limited
2.5% - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Spring Operations Limited
69.2% - Industry AVG
Profitability
an operating margin of 10.1% make it less profitable than the average company (27.6%)
- Spring Operations Limited
27.6% - Industry AVG
Employees
with 30 employees, this is above the industry average (4)
30 - Spring Operations Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- Spring Operations Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £100.3k, this is less efficient (£200.1k)
- Spring Operations Limited
£200.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Spring Operations Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (30 days)
- Spring Operations Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spring Operations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Spring Operations Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94%, this is a higher level of debt than the average (64.4%)
94% - Spring Operations Limited
64.4% - Industry AVG
SPRING OPERATIONS LIMITED financials
Spring Operations Limited's latest turnover from September 2023 is estimated at £3 million and the company has net assets of £743.3 thousand. According to their latest financial statements, Spring Operations Limited has 30 employees and maintains cash reserves of £93.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 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 | 30 | 30 | 28 | 21 | 10 | 12 | 12 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 11,576 | 5,697 | 0 | 0 | 19,447 | 31,743 | 46,749 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 11,576 | 5,697 | 0 | 0 | 19,447 | 31,743 | 46,749 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 47,383 | 75,930 | 51,213 | 53,792 |
| Group Debtors | 12,095,970 | 9,200,000 | 6,230,000 | 2,875,000 | 128,219 | 390,137 | 363,950 | 245,046 |
| Misc Debtors | 93,811 | 77,170 | 47,645 | 68,206 | 66,277 | 51,381 | 155,394 | 83,693 |
| Cash | 93,269 | 107,435 | 21,608 | 13,422 | 537,924 | 5,437 | 10,118 | 11,163 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,283,050 | 9,384,605 | 6,299,253 | 2,956,628 | 779,803 | 522,885 | 580,675 | 393,694 |
| total assets | 12,283,050 | 9,396,181 | 6,304,950 | 2,956,628 | 779,803 | 542,332 | 612,418 | 440,443 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,859 | 22,780 | 118,439 | 143,962 | 58,064 | 49,734 | 25,414 | 27,753 |
| Group/Directors Accounts | 11,240,308 | 8,586,308 | 5,700,321 | 2,635,321 | 794,568 | 1,298,633 | 1,280,648 | 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 | 289,621 | 276,297 | 197,807 | 184,552 | 17,841 | 83,327 | 200,587 | 1,121,574 |
| total current liabilities | 11,539,788 | 8,885,385 | 6,016,567 | 2,963,835 | 870,473 | 1,431,694 | 1,506,649 | 1,149,327 |
| loans | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 11,539,788 | 8,885,385 | 6,016,567 | 2,963,835 | 870,473 | 1,431,694 | 1,506,649 | 1,149,327 |
| net assets | 743,262 | 510,796 | 288,383 | -7,207 | -90,670 | -889,362 | -894,231 | -708,884 |
| total shareholders funds | 743,262 | 510,796 | 288,383 | -7,207 | -90,670 | -889,362 | -894,231 | -708,884 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 11,576 | 5,878 | 5,697 | 0 | 19,447 | 13,117 | 15,006 | 12,321 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,912,611 | 2,999,525 | 3,334,439 | 2,701,327 | -275,569 | -53,109 | 188,026 | 382,531 |
| Creditors | -12,921 | -95,659 | -25,523 | 85,898 | 8,330 | 24,320 | -2,339 | 27,753 |
| Accruals and Deferred Income | 13,324 | 78,490 | 13,255 | 166,711 | -65,486 | -117,260 | -920,987 | 1,121,574 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,654,000 | 2,885,987 | 3,065,000 | 1,840,753 | -504,065 | 17,985 | 1,280,648 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -14,166 | 85,827 | 8,186 | -524,502 | 532,487 | -4,681 | -1,045 | 11,163 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -14,166 | 85,827 | 8,186 | -524,502 | 532,487 | -4,681 | -1,045 | 11,163 |
spring operations limited Credit Report and Business Information
Spring Operations Limited Competitor Analysis
Perform a competitor analysis for spring operations limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CR0 area or any other competitors across 12 key performance metrics.
spring operations limited Ownership
SPRING OPERATIONS LIMITED group structure
Spring Operations Limited has no subsidiary companies.
Ultimate parent company
2 parents
SPRING OPERATIONS LIMITED
09610165
spring operations limited directors
Spring Operations Limited currently has 4 directors. The longest serving directors include Mr Shane Miller-Bourke (May 2015) and Mr Cormac Henderson (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shane Miller-Bourke | England | 44 years | May 2015 | - | Director |
| Mr Cormac Henderson | England | 44 years | May 2015 | - | Director |
| Mr Oliver Russell | England | 45 years | May 2015 | - | Director |
| Mrs Samar Shaheryar | 47 years | Sep 2019 | - | Director |
P&L
September 2023turnover
3m
-2%
operating profit
304.7k
0%
gross margin
69.2%
+2.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
743.3k
+0.46%
total assets
12.3m
+0.31%
cash
93.3k
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
spring operations limited company details
company number
09610165
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
npt operations limited (October 2020)
accountant
CLA EVELYN PARTNERS LIMITED
auditor
-
address
sunley house bedford park, croydon, CR0 2AP
Bank
-
Legal Advisor
-
spring operations 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 found 2 charges/mortgages relating to spring operations limited. Currently there are 2 open charges and 0 have been satisfied in the past.
spring operations 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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spring operations limited Companies House Filings - See Documents
| date | description | view/download |
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