the specter partnership limited Company Information
Company Number
10697297
Website
www.specters.co.ukRegistered Address
49 britton street, london, EC1M 5UL
Industry
Solicitors
Telephone
443003033629
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
kenneth specter 80%
andrew specter 20%
the specter partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE SPECTER PARTNERSHIP LIMITED at £3m based on a Turnover of £3.9m and 0.77x industry multiple (adjusted for size and gross margin).
the specter partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE SPECTER PARTNERSHIP LIMITED at £1.3m based on an EBITDA of £341.4k and a 3.83x industry multiple (adjusted for size and gross margin).
the specter partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE SPECTER PARTNERSHIP LIMITED at £1.1m based on Net Assets of £514.5k and 2.12x industry multiple (adjusted for liquidity).
The Specter Partnership Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
The Specter Partnership Limited Overview
The Specter Partnership Limited is a live company located in london, EC1M 5UL with a Companies House number of 10697297. It operates in the solicitors sector, SIC Code 69102. Founded in March 2017, it's largest shareholder is kenneth specter with a 80% stake. The Specter Partnership Limited is a young, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Specter Partnership Limited Health Check
Pomanda's financial health check has awarded The Specter Partnership Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £3.9m, make it larger than the average company (£1.1m)
- The Specter Partnership Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (6.3%)
- The Specter Partnership Limited
6.3% - Industry AVG
Production
with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)
- The Specter Partnership Limited
69.5% - Industry AVG
Profitability
an operating margin of 8.4% make it as profitable than the average company (10.2%)
- The Specter Partnership Limited
10.2% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (18)
15 - The Specter Partnership Limited
18 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- The Specter Partnership Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £259.1k, this is more efficient (£63.1k)
- The Specter Partnership Limited
£63.1k - Industry AVG
Debtor Days
it gets paid by customers after 143 days, this is later than average (58 days)
- The Specter Partnership Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (25 days)
- The Specter Partnership Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Specter Partnership Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (33 weeks)
3 weeks - The Specter Partnership Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (48.1%)
74.6% - The Specter Partnership Limited
48.1% - Industry AVG
the specter partnership limited Credit Report and Business Information
The Specter Partnership Limited Competitor Analysis
Perform a competitor analysis for the specter partnership limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the specter partnership limited Ownership
THE SPECTER PARTNERSHIP LIMITED group structure
The Specter Partnership Limited has no subsidiary companies.
Ultimate parent company
THE SPECTER PARTNERSHIP LIMITED
10697297
the specter partnership limited directors
The Specter Partnership Limited currently has 4 directors. The longest serving directors include Mr Kenneth Specter (Mar 2017) and Mr Soyab Patel (Oct 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kenneth Specter | 69 years | Mar 2017 | - | Director | |
Mr Soyab Patel | England | 57 years | Oct 2018 | - | Director |
Mr Andrew Specter | England | 31 years | May 2020 | - | Director |
Mr Paul Daniel | 38 years | Jul 2022 | - | Director |
THE SPECTER PARTNERSHIP LIMITED financials
The Specter Partnership Limited's latest turnover from March 2023 is estimated at £3.9 million and the company has net assets of £514.5 thousand. According to their latest financial statements, The Specter Partnership Limited has 15 employees and maintains cash reserves of £83.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|---|---|
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 | 15 | 15 | 15 | 14 | 10 | 10 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 120,094 | 135,486 | 148,000 | 166,957 | 73,730 | 47,503 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 120,094 | 135,486 | 148,000 | 166,957 | 73,730 | 47,503 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,522,961 | 1,175,751 | 80,755 | 56,598 | 112,759 | 958,108 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 299,266 | 233,261 | 1,224,332 | 1,009,458 | 928,634 | 158,332 |
Cash | 83,393 | 146,248 | 71,871 | 235,978 | 536,304 | 341,611 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,905,620 | 1,555,260 | 1,376,958 | 1,302,034 | 1,577,697 | 1,458,051 |
total assets | 2,025,714 | 1,690,746 | 1,524,958 | 1,468,991 | 1,651,427 | 1,505,554 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 246 | 246 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,080,674 | 1,076,265 | 1,081,888 | 1,006,288 | 1,220,066 | 1,248,263 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 230,341 | 151,163 | 48,346 | 85,496 | 79,403 | 54,475 |
total current liabilities | 1,311,261 | 1,227,674 | 1,130,234 | 1,091,784 | 1,299,469 | 1,302,738 |
loans | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 |
total liabilities | 1,511,261 | 1,427,674 | 1,330,234 | 1,291,784 | 1,499,469 | 1,502,738 |
net assets | 514,453 | 263,072 | 194,724 | 177,207 | 151,958 | 2,816 |
total shareholders funds | 514,453 | 263,072 | 194,724 | 177,207 | 151,958 | 2,816 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 15,392 | 17,464 | 18,957 | 26,724 | 12,262 | 9,328 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 413,215 | 103,925 | 239,031 | 24,663 | -75,047 | 1,116,440 |
Creditors | 0 | 246 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 79,178 | 102,817 | -37,150 | 6,093 | 24,928 | 54,475 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 4,409 | -5,623 | 75,600 | -213,778 | -28,197 | 1,248,263 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 200,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | -62,855 | 74,377 | -164,107 | -300,326 | 194,693 | 341,611 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -62,855 | 74,377 | -164,107 | -300,326 | 194,693 | 341,611 |
P&L
March 2023turnover
3.9m
+38%
operating profit
326k
0%
gross margin
69.5%
+9.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
514.5k
+0.96%
total assets
2m
+0.2%
cash
83.4k
-0.43%
net assets
Total assets minus all liabilities
the specter partnership limited company details
company number
10697297
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
49 britton street, london, EC1M 5UL
last accounts submitted
March 2023
the specter partnership 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 the specter partnership limited.
the specter partnership limited Companies House Filings - See Documents
date | description | view/download |
---|