spitfire creative technologies limited
spitfire creative technologies limited Company Information
Company Number
11191047
Next Accounts
Sep 2025
Shareholders
spitfire acquisition usa inc.
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
tv one, westwood industrial estate, margate, CT9 4JG
Website
www.spitfirect.comspitfire creative technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SPITFIRE CREATIVE TECHNOLOGIES LIMITED at £20.6m based on a Turnover of £11.2m and 1.84x industry multiple (adjusted for size and gross margin).
spitfire creative technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SPITFIRE CREATIVE TECHNOLOGIES LIMITED at £12.6m based on an EBITDA of £1.6m and a 7.7x industry multiple (adjusted for size and gross margin).
spitfire creative technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SPITFIRE CREATIVE TECHNOLOGIES LIMITED at £4.9m based on Net Assets of £3.7m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spitfire Creative Technologies Limited Overview
Spitfire Creative Technologies Limited is a live company located in margate, CT9 4JG with a Companies House number of 11191047. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2018, it's largest shareholder is spitfire acquisition usa inc. with a 100% stake. Spitfire Creative Technologies Limited is a young, mid sized company, Pomanda has estimated its turnover at £11.2m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Spitfire Creative Technologies Limited Health Check
Pomanda's financial health check has awarded Spitfire Creative Technologies Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £11.2m, make it smaller than the average company (£18.9m)
£11.2m - Spitfire Creative Technologies Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.5%)
3% - Spitfire Creative Technologies Limited
10.5% - Industry AVG
Production
with a gross margin of 59.2%, this company has a lower cost of product (36.3%)
59.2% - Spitfire Creative Technologies Limited
36.3% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (4.5%)
12.4% - Spitfire Creative Technologies Limited
4.5% - Industry AVG
Employees
with 61 employees, this is below the industry average (104)
61 - Spitfire Creative Technologies Limited
104 - Industry AVG
Pay Structure
on an average salary of £62.3k, the company has a higher pay structure (£44.7k)
£62.3k - Spitfire Creative Technologies Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £183.3k, this is equally as efficient (£191k)
£183.3k - Spitfire Creative Technologies Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (45 days)
11 days - Spitfire Creative Technologies Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (44 days)
47 days - Spitfire Creative Technologies Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 154 days, this is more than average (40 days)
154 days - Spitfire Creative Technologies Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (14 weeks)
28 weeks - Spitfire Creative Technologies Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.5%, this is a lower level of debt than the average (69.6%)
24.5% - Spitfire Creative Technologies Limited
69.6% - Industry AVG
SPITFIRE CREATIVE TECHNOLOGIES LIMITED financials
Spitfire Creative Technologies Limited's latest turnover from December 2023 is £11.2 million and the company has net assets of £3.7 million. According to their latest financial statements, Spitfire Creative Technologies Limited has 61 employees and maintains cash reserves of £613.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 11,182,937 | 13,330,696 | 10,709,526 | 10,211,991 | 10,190,155 | 12,477,781 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 4,560,698 | 5,620,575 | 3,637,752 | 4,033,290 | 4,274,841 | 5,450,811 |
| Gross Profit | 6,622,239 | 7,710,121 | 7,071,774 | 6,178,701 | 5,915,313 | 7,026,970 |
| Admin Expenses | 5,232,850 | 4,941,582 | 6,520,573 | 5,672,958 | 5,815,277 | 6,468,860 |
| Operating Profit | 1,389,389 | 2,768,539 | 551,201 | 505,743 | 100,036 | 558,110 |
| Interest Payable | 19,299 | 18,824 | 37,338 | 60,077 | 78,120 | 20,055 |
| Interest Receivable | 34 | 942 | 3,814 | 199 | 5,617 | |
| Pre-Tax Profit | 1,370,124 | 2,750,657 | 517,678 | 445,666 | 22,116 | 543,672 |
| Tax | 136,388 | 183,813 | 21,216 | 284,705 | 275,142 | 158,317 |
| Profit After Tax | 1,506,512 | 2,934,470 | 538,894 | 730,371 | 297,259 | 701,989 |
| Dividends Paid | 2,021,509 | 57,589 | ||||
| Retained Profit | 1,506,512 | 2,934,470 | -1,482,615 | 730,371 | 297,259 | 644,400 |
| Employee Costs | 3,800,433 | 3,803,582 | 4,289,080 | 3,940,719 | 3,552,598 | 4,300,769 |
| Number Of Employees | 61 | 56 | 61 | 72 | 74 | 79 |
| EBITDA* | 1,634,510 | 3,061,446 | 741,810 | 845,762 | 438,679 | 866,716 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 630,794 | 677,522 | 698,219 | 808,555 | 741,455 | 1,202,979 |
| Intangible Assets | 740,050 | 930,669 | 1,101,225 | 1,306,112 | 1,291,883 | 548,517 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 45,233 | |||||
| Total Fixed Assets | 1,370,845 | 1,608,191 | 1,799,444 | 2,114,667 | 2,033,339 | 1,796,729 |
| Stock & work in progress | 1,928,136 | 2,410,945 | 2,403,927 | 1,217,282 | 1,533,772 | 2,431,870 |
| Trade Debtors | 348,479 | 480,144 | 844,856 | 814,041 | 725,070 | 778,538 |
| Group Debtors | 54,480 | 3,897,097 | 3,606,940 | 2,813,266 | 3,046,414 | 5,556,228 |
| Misc Debtors | 645,715 | 687,514 | 864,786 | 833,784 | 926,818 | 1,191,621 |
| Cash | 613,844 | 2,977,179 | 1,013,866 | 4,345,607 | 2,276,806 | 2,267,038 |
| misc current assets | ||||||
| total current assets | 3,590,656 | 10,452,880 | 8,734,376 | 10,023,981 | 8,508,881 | 12,225,295 |
| total assets | 4,961,502 | 12,061,071 | 10,533,821 | 12,138,648 | 10,542,220 | 14,022,024 |
| Bank overdraft | 1 | |||||
| Bank loan | 384,546 | 255,483 | 705,892 | 510,254 | 651,954 | |
| Trade Creditors | 587,945 | 861,354 | 1,598,511 | 993,396 | 839,239 | 1,460,725 |
| Group/Directors Accounts | 24,620 | 58,540 | 208,937 | 204,559 | 1,685 | |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 502,510 | 789,730 | 1,022,465 | 1,025,060 | 870,061 | 840,820 |
| total current liabilities | 1,115,076 | 2,094,172 | 3,085,396 | 2,724,349 | 2,424,114 | 2,955,184 |
| loans | 425,661 | 705,990 | 1,104,180 | 2,109,921 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 100,586 | 112,944 | 103,277 | 94,032 | 81,535 | 126,976 |
| total long term liabilities | 100,586 | 112,944 | 528,939 | 800,022 | 1,185,716 | 2,236,897 |
| total liabilities | 1,215,662 | 2,207,116 | 3,614,335 | 3,524,371 | 3,609,830 | 5,192,081 |
| net assets | 3,745,839 | 9,853,956 | 6,919,486 | 8,614,277 | 6,932,390 | 8,829,943 |
| total shareholders funds | 3,745,839 | 9,853,956 | 6,919,486 | 8,614,277 | 6,932,390 | 8,829,943 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,389,389 | 2,768,539 | 551,201 | 505,743 | 100,036 | 558,110 |
| Depreciation | 79,405 | 122,350 | 17,619 | 164,954 | 188,026 | 285,020 |
| Amortisation | 165,716 | 170,557 | 172,991 | 175,065 | 150,616 | 23,586 |
| Tax | 136,388 | 183,813 | 21,216 | 284,705 | 275,142 | 158,317 |
| Stock | -482,809 | 7,019 | 1,186,644 | -316,490 | -898,098 | 2,431,870 |
| Debtors | -4,016,081 | -251,827 | 855,492 | -237,212 | -2,873,317 | 7,571,620 |
| Creditors | -273,408 | -737,157 | 605,115 | 154,157 | -621,486 | 1,460,725 |
| Accruals and Deferred Income | -287,220 | -232,735 | -2,595 | 154,999 | 29,241 | 840,820 |
| Deferred Taxes & Provisions | -12,358 | 9,667 | 9,245 | 12,497 | -45,441 | 126,976 |
| Cash flow from operations | 5,696,802 | 2,529,842 | -667,344 | 2,005,822 | 3,847,549 | -6,549,936 |
| Investing Activities | ||||||
| capital expenditure | 6,221,006 | |||||
| Change in Investments | ||||||
| cash flow from investments | 6,221,006 | |||||
| Financing Activities | ||||||
| Bank loans | -384,546 | 129,063 | -450,409 | 195,638 | -141,700 | 651,954 |
| Group/Directors Accounts | -33,920 | -150,396 | 208,937 | -204,559 | 202,874 | 1,685 |
| Other Short Term Loans | ||||||
| Long term loans | -425,661 | -280,329 | -398,190 | -1,005,741 | 2,109,921 | |
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -19,265 | -17,882 | -33,524 | -60,077 | -77,921 | -14,438 |
| cash flow from financing | -8,052,359 | -464,876 | -767,501 | 484,328 | -3,217,300 | 10,934,665 |
| cash and cash equivalents | ||||||
| cash | -2,363,334 | 1,963,313 | -3,331,741 | 2,068,802 | 9,768 | 2,267,038 |
| overdraft | -1 | 1 | ||||
| change in cash | -2,363,333 | 1,963,312 | -3,331,741 | 2,068,802 | 9,768 | 2,267,038 |
spitfire creative technologies limited Credit Report and Business Information
Spitfire Creative Technologies Limited Competitor Analysis
Perform a competitor analysis for spitfire creative technologies limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in CT9 area or any other competitors across 12 key performance metrics.
spitfire creative technologies limited Ownership
SPITFIRE CREATIVE TECHNOLOGIES LIMITED group structure
Spitfire Creative Technologies Limited has 3 subsidiary companies.
Ultimate parent company
SPITFIRE ACQUISITION WORLDWIDE LLC
#0091488
SPITFIRE ACQUISITION USA INC
#0102808
2 parents
SPITFIRE CREATIVE TECHNOLOGIES LIMITED
11191047
3 subsidiaries
spitfire creative technologies limited directors
Spitfire Creative Technologies Limited currently has 3 directors. The longest serving directors include Mr Z. Ekmekjian (Dec 2023) and Mr Ben Saltzman (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Z. Ekmekjian | United States | 42 years | Dec 2023 | - | Director |
| Mr Ben Saltzman | United States | 53 years | Dec 2023 | - | Director |
| Mr Benjamin Schneider | United States | 43 years | Dec 2023 | - | Director |
P&L
December 2023turnover
11.2m
-16%
operating profit
1.4m
-50%
gross margin
59.3%
+2.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.7m
-0.62%
total assets
5m
-0.59%
cash
613.8k
-0.79%
net assets
Total assets minus all liabilities
spitfire creative technologies limited company details
company number
11191047
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
spitfire acquisition uk limited (September 2018)
accountant
-
auditor
KRESTON REEVES LLP
address
tv one, westwood industrial estate, margate, CT9 4JG
Bank
-
Legal Advisor
-
spitfire creative technologies 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 3 charges/mortgages relating to spitfire creative technologies limited. Currently there are 2 open charges and 1 have been satisfied in the past.
spitfire creative technologies 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.
Click to start generating capital raising & share issue transactions for SPITFIRE CREATIVE TECHNOLOGIES LIMITED. This can take several minutes, an email will notify you when this has completed.
spitfire creative technologies limited Companies House Filings - See Documents
| date | description | view/download |
|---|
