the specter partnership limited

3.5

the specter partnership limited Company Information

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Company Number

10697297

Registered Address

49 britton street, london, EC1M 5UL

Industry

Solicitors

 

Telephone

443003033629

Next Accounts Due

December 2024

Group Structure

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Directors

Kenneth Specter7 Years

Soyab Patel5 Years

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Shareholders

kenneth specter 80%

andrew specter 20%

the specter partnership limited Estimated Valuation

£3m

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

£1.3m

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

£1.1m

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).

Valuation Calculator
This valuation is estimated based on financial data from March 2023 

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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.

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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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £3.9m, make it larger than the average company (£1.1m)

£3.9m - The Specter Partnership Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (6.3%)

82% - The Specter Partnership Limited

6.3% - Industry AVG

production

Production

with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)

69.5% - The Specter Partnership Limited

69.5% - Industry AVG

profitability

Profitability

an operating margin of 8.4% make it as profitable than the average company (10.2%)

8.4% - The Specter Partnership Limited

10.2% - Industry AVG

employees

Employees

with 15 employees, this is similar to the industry average (18)

15 - The Specter Partnership Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)

£34.8k - The Specter Partnership Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.1k, this is more efficient (£63.1k)

£259.1k - The Specter Partnership Limited

£63.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 143 days, this is later than average (58 days)

143 days - The Specter Partnership Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (25 days)

0 days - The Specter Partnership Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Specter Partnership Limited

- - Industry AVG

cashbalance

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

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Specter Partnership Limited Competitor Analysis

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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 Shareholders

kenneth specter 80%
andrew specter 20%

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).

officercountryagestartendrole
Mr Kenneth Specter69 years Mar 2017- Director
Mr Soyab PatelEngland57 years Oct 2018- Director
Mr Andrew SpecterEngland31 years May 2020- Director
Mr Paul Daniel38 years Jul 2022- Director

THE SPECTER PARTNERSHIP LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover3,885,8752,810,095727,564645,093657,8012,826,646
Other Income Or Grants000000
Cost Of Sales1,186,5121,020,473326,686241,880244,396850,344
Gross Profit2,699,3631,789,621400,878403,213413,4051,976,302
Admin Expenses2,373,3961,692,559367,206360,228219,0711,967,303
Operating Profit325,96797,06233,67242,985194,3348,999
Interest Payable20,50013,50012,20012,20013,5006,500
Interest Receivable4,8808181543863,292854
Pre-Tax Profit310,34784,38021,62631,172184,1263,353
Tax-58,966-16,032-4,109-5,923-34,984-637
Profit After Tax251,38168,34817,51725,249149,1422,716
Dividends Paid000000
Retained Profit251,38168,34817,51725,249149,1422,716
Employee Costs522,749487,586459,123440,534304,169289,001
Number Of Employees151515141010
EBITDA*341,359114,52652,62969,709206,59618,327

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets120,094135,486148,000166,95773,73047,503
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets120,094135,486148,000166,95773,73047,503
Stock & work in progress000000
Trade Debtors1,522,9611,175,75180,75556,598112,759958,108
Group Debtors000000
Misc Debtors299,266233,2611,224,3321,009,458928,634158,332
Cash83,393146,24871,871235,978536,304341,611
misc current assets000000
total current assets1,905,6201,555,2601,376,9581,302,0341,577,6971,458,051
total assets2,025,7141,690,7461,524,9581,468,9911,651,4271,505,554
Bank overdraft000000
Bank loan000000
Trade Creditors 2462460000
Group/Directors Accounts1,080,6741,076,2651,081,8881,006,2881,220,0661,248,263
other short term finances000000
hp & lease commitments000000
other current liabilities230,341151,16348,34685,49679,40354,475
total current liabilities1,311,2611,227,6741,130,2341,091,7841,299,4691,302,738
loans200,000200,000200,000200,000200,000200,000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities200,000200,000200,000200,000200,000200,000
total liabilities1,511,2611,427,6741,330,2341,291,7841,499,4691,502,738
net assets514,453263,072194,724177,207151,9582,816
total shareholders funds514,453263,072194,724177,207151,9582,816
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit325,96797,06233,67242,985194,3348,999
Depreciation15,39217,46418,95726,72412,2629,328
Amortisation000000
Tax-58,966-16,032-4,109-5,923-34,984-637
Stock000000
Debtors413,215103,925239,03124,663-75,0471,116,440
Creditors02460000
Accruals and Deferred Income79,178102,817-37,1506,09324,92854,475
Deferred Taxes & Provisions000000
Cash flow from operations-51,64497,632-227,66145,216271,587-1,044,275
Investing Activities
capital expenditure0-4,9500-119,951-38,489-56,831
Change in Investments000000
cash flow from investments0-4,9500-119,951-38,489-56,831
Financing Activities
Bank loans000000
Group/Directors Accounts4,409-5,62375,600-213,778-28,1971,248,263
Other Short Term Loans 000000
Long term loans00000200,000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue00000100
interest-15,620-12,682-12,046-11,814-10,208-5,646
cash flow from financing-11,211-18,30563,554-225,592-38,4051,442,717
cash and cash equivalents
cash-62,85574,377-164,107-300,326194,693341,611
overdraft000000
change in cash-62,85574,377-164,107-300,326194,693341,611

P&L

March 2023

turnover

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 2023

net 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

None

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.

charges

the specter partnership limited Companies House Filings - See Documents

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