Spear Business Services Ltd

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spear business services ltd Company Information

Live

YoungSmallDeclining

Company Number

10059848

Website

Registered Address

3 merewood road, bexleyheath, DA7 6PF

Industry

Construction of commercial buildings

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Sandeep Kahlon8 Years

Shareholders

sandeep singh kahlon 50%

prabhleen kaur kahlon 50%

spear business services ltd Estimated Valuation

£191.4k

Pomanda estimates the enterprise value of SPEAR BUSINESS SERVICES LTD at £191.4k based on a Turnover of £609.4k and 0.31x industry multiple (adjusted for size and gross margin).

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Spear Business Services Ltd is a live company located in bexleyheath, DA7 6PF with a Companies House number of 10059848. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 2016, it's largest shareholder is sandeep singh kahlon with a 50% stake. Spear Business Services Ltd is a young, small sized company, Pomanda has estimated its turnover at £609.4k with declining growth in recent years.

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Pomanda's financial health check has awarded Spear Business Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

1 Regular

8 Weak

Size

annual sales of £609.4k, make it smaller than the average company (£11m)

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.4%)

EXPORT

Spear Business Services Ltd's latest turnover from March 2023 is estimated at £609.4 thousand and the company has net assets of £12.9 thousand. According to their latest financial statements, Spear Business Services Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Turnover	609,425	697,886	784,352	631,357	772,806	662,279	506
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	563,312	643,617	723,667	579,165	708,528	607,312	462
Gross Profit	46,112	54,269	60,685	52,192	64,278	54,966	43
Admin Expenses	55,541	52,286	40,728	48,407	65,484	51,726	-82
Operating Profit	-9,429	1,983	19,957	3,785	-1,206	3,240	125
Interest Payable	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0
Pre-Tax Profit	-9,429	1,983	19,957	3,785	-1,206	3,240	125
Tax	0	-377	-3,792	-719	0	-616	-25
Profit After Tax	-9,429	1,606	16,165	3,066	-1,206	2,624	100
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	-9,429	1,606	16,165	3,066	-1,206	2,624	100
Employee Costs	412,917	649,375	478,248	484,790	238,255	92,650	44,869
Number Of Employees	8	13	10	10	5	2	1
EBITDA*	-9,429	1,983	19,957	3,785	-1,206	3,240	125

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Tangible Assets	2,319	2,828	1,669	2,445	817	996	0
Intangible Assets	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0
Total Fixed Assets	2,319	2,828	1,669	2,445	817	996	0
Stock & work in progress	0	0	0	0	0	0	0
Trade Debtors	115,705	99,386	159,381	79,161	157,031	138,879	100
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0
misc current assets	0	0	0	0	0	0	0
total current assets	115,705	99,386	159,381	79,161	157,031	138,879	100
total assets	118,024	102,214	161,050	81,606	157,848	139,875	100
Bank overdraft	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0
Trade Creditors	76,642	40,392	90,301	77,022	156,330	137,151	0
Group/Directors Accounts	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0
total current liabilities	76,642	40,392	90,301	77,022	156,330	137,151	0
loans	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0
other liabilities	28,456	39,467	50,000	0	0	0	0
provisions	0	0	0	0	0	0	0
total long term liabilities	28,456	39,467	50,000	0	0	0	0
total liabilities	105,098	79,859	140,301	77,022	156,330	137,151	0
net assets	12,926	22,355	20,749	4,584	1,518	2,724	100
total shareholders funds	12,926	22,355	20,749	4,584	1,518	2,724	100

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Operating Activities
Operating Profit	-9,429	1,983	19,957	3,785	-1,206	3,240	125
Depreciation	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0
Tax	0	-377	-3,792	-719	0	-616	-25
Stock	0	0	0	0	0	0	0
Debtors	16,319	-59,995	80,220	-77,870	18,152	138,779	100
Creditors	36,250	-49,909	13,279	-79,308	19,179	137,151	0
Accruals and Deferred Income	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0
Cash flow from operations	10,502	11,692	-50,776	1,628	-179	996	0
Investing Activities
capital expenditure	509	-1,159	776	-1,628	179	-996	0
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	509	-1,159	776	-1,628	179	-996	0
Financing Activities
Bank loans	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0
other long term liabilities	-11,011	-10,533	50,000	0	0	0	0
share issue	0	0	0	0	0	0	0
interest	0	0	0	0	0	0	0
cash flow from financing	-11,011	-10,533	50,000	0	0	0	0
cash and cash equivalents
cash	0	0	0	0	0	0	0
overdraft	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for spear business services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DA7 area or any other competitors across 12 key performance metrics.

SPEAR BUSINESS SERVICES LTD group structure

Spear Business Services Ltd has no subsidiary companies.

Ultimate parent company

SPEAR BUSINESS SERVICES LTD

10059848

SPEAR BUSINESS SERVICES LTD Shareholders

sandeep singh kahlon	50%
prabhleen kaur kahlon	50%

Spear Business Services Ltd currently has 1 director, Mr Sandeep Kahlon serving since Mar 2016.

officer	country	age	start	end	role
Mr Sandeep Kahlon	United Kingdom	42 years	Mar 2016	-	Director

P&L

March 2023

turnover

609.4k

-13%

operating profit

-9.4k

gross margin

7.6%

-2.7%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

12.9k

-0.42%

total assets

118k

+0.15%

cash

net assets

Total assets minus all liabilities

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company number

10059848

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

March 2016

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

3 merewood road, bexleyheath, DA7 6PF

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 spear business services ltd.

spear business services ltd Company Information

spear business services ltd Estimated Valuation

spear business services ltd Estimated Valuation

spear business services ltd Estimated Valuation

Spear Business Services Ltd Overview

Spear Business Services Ltd Health Check

SPEAR BUSINESS SERVICES LTD financials

spear business services ltd Credit Report and Business Information

Spear Business Services Ltd Competitor Analysis

spear business services ltd Ownership

spear business services ltd directors

spear business services ltd company details

spear business services ltd Charges & Mortgages

spear business services ltd Companies House Filings - See Documents