spencer civil engineering ltd
spencer civil engineering ltd Company Information
Group Structure
View All
Industry
Construction of other civil engineering projects n.e.c.
Registered Address
first floor, unit 1 silkwood park, wakefield, west yorkshire, WF5 9TJ
Website
-spencer civil engineering ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENCER CIVIL ENGINEERING LTD at £3m based on a Turnover of £9.9m and 0.31x industry multiple (adjusted for size and gross margin).
spencer civil engineering ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENCER CIVIL ENGINEERING LTD at £798.1k based on an EBITDA of £186.8k and a 4.27x industry multiple (adjusted for size and gross margin).
spencer civil engineering ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENCER CIVIL ENGINEERING LTD at £1.2m based on Net Assets of £543.1k and 2.15x industry multiple (adjusted for liquidity).
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Spencer Civil Engineering Ltd Overview
Spencer Civil Engineering Ltd is a live company located in wakefield, WF5 9TJ with a Companies House number of 11665917. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in November 2018, it's largest shareholder is premia property ltd with a 100% stake. Spencer Civil Engineering Ltd is a young, mid sized company, Pomanda has estimated its turnover at £9.9m with rapid growth in recent years.
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Spencer Civil Engineering Ltd Health Check
Pomanda's financial health check has awarded Spencer Civil Engineering Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £9.9m, make it smaller than the average company (£14.2m)
- Spencer Civil Engineering Ltd
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (8.9%)
- Spencer Civil Engineering Ltd
8.9% - Industry AVG
Production
with a gross margin of 17.3%, this company has a comparable cost of product (17.3%)
- Spencer Civil Engineering Ltd
17.3% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (5.7%)
- Spencer Civil Engineering Ltd
5.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (53)
7 - Spencer Civil Engineering Ltd
53 - Industry AVG
Pay Structure
on an average salary of £51k, the company has an equivalent pay structure (£51k)
- Spencer Civil Engineering Ltd
£51k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£255.1k)
- Spencer Civil Engineering Ltd
£255.1k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (51 days)
- Spencer Civil Engineering Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (35 days)
- Spencer Civil Engineering Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (6 days)
- Spencer Civil Engineering Ltd
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (20 weeks)
14 weeks - Spencer Civil Engineering Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.7%, this is a higher level of debt than the average (60.3%)
77.7% - Spencer Civil Engineering Ltd
60.3% - Industry AVG
SPENCER CIVIL ENGINEERING LTD financials
Spencer Civil Engineering Ltd's latest turnover from December 2023 is estimated at £9.9 million and the company has net assets of £543.1 thousand. According to their latest financial statements, Spencer Civil Engineering Ltd has 7 employees and maintains cash reserves of £440.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 7 | 6 | 5 | 4 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 7,006 | 9,333 | 12,439 | 16,586 | 138,712 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,006 | 9,333 | 12,439 | 16,586 | 138,712 |
| Stock & work in progress | 87,077 | 87,077 | 55,000 | 53,000 | 34,573 |
| Trade Debtors | 1,898,165 | 2,100,389 | 1,468,542 | 387,939 | 307,636 |
| Group Debtors | 0 | 0 | 0 | 261,864 | 0 |
| Misc Debtors | 0 | 0 | 0 | 99,248 | 0 |
| Cash | 440,317 | 43,281 | 723,196 | 31,333 | 44,586 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,425,559 | 2,230,747 | 2,246,738 | 833,384 | 386,795 |
| total assets | 2,432,565 | 2,240,080 | 2,259,177 | 849,970 | 525,507 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 5,000 | 0 |
| Trade Creditors | 1,530,403 | 1,644,346 | 1,861,000 | 348,005 | 307,440 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 94,566 | 0 |
| total current liabilities | 1,530,403 | 1,644,346 | 1,861,000 | 447,571 | 307,440 |
| loans | 0 | 0 | 0 | 95,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 357,356 | 198,788 | 63,636 | 0 | 90,281 |
| provisions | 1,752 | 1,773 | 2,364 | 3,151 | 24,968 |
| total long term liabilities | 359,108 | 200,561 | 66,000 | 98,151 | 115,249 |
| total liabilities | 1,889,511 | 1,844,907 | 1,927,000 | 545,722 | 422,689 |
| net assets | 543,054 | 395,173 | 332,177 | 304,248 | 102,818 |
| total shareholders funds | 543,054 | 395,173 | 332,177 | 304,248 | 102,818 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,327 | 3,106 | 4,147 | 3,996 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 32,077 | 2,000 | 18,427 | 34,573 |
| Debtors | -202,224 | 631,847 | 719,491 | 441,415 | 307,636 |
| Creditors | -113,943 | -216,654 | 1,512,995 | 40,565 | 307,440 |
| Accruals and Deferred Income | 0 | 0 | -94,566 | 94,566 | 0 |
| Deferred Taxes & Provisions | -21 | -591 | -787 | -21,817 | 24,968 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | -5,000 | 5,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -95,000 | 95,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 158,568 | 135,152 | 63,636 | -90,281 | 90,281 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 397,036 | -679,915 | 691,863 | -13,253 | 44,586 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 397,036 | -679,915 | 691,863 | -13,253 | 44,586 |
spencer civil engineering ltd Credit Report and Business Information
Spencer Civil Engineering Ltd Competitor Analysis
Perform a competitor analysis for spencer civil engineering ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WF5 area or any other competitors across 12 key performance metrics.
spencer civil engineering ltd Ownership
SPENCER CIVIL ENGINEERING LTD group structure
Spencer Civil Engineering Ltd has no subsidiary companies.
Ultimate parent company
1 parent
SPENCER CIVIL ENGINEERING LTD
11665917
spencer civil engineering ltd directors
Spencer Civil Engineering Ltd currently has 1 director, Mr Ben Williams serving since Nov 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ben Williams | England | 34 years | Nov 2018 | - | Director |
P&L
December 2023turnover
9.9m
+5%
operating profit
184.5k
0%
gross margin
17.3%
+4.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
543.1k
+0.37%
total assets
2.4m
+0.09%
cash
440.3k
+9.17%
net assets
Total assets minus all liabilities
spencer civil engineering ltd company details
company number
11665917
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
first floor, unit 1 silkwood park, wakefield, west yorkshire, WF5 9TJ
Bank
-
Legal Advisor
-
spencer civil engineering ltd 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 spencer civil engineering ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
spencer civil engineering ltd 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 SPENCER CIVIL ENGINEERING LTD. This can take several minutes, an email will notify you when this has completed.
spencer civil engineering ltd Companies House Filings - See Documents
| date | description | view/download |
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