spic am ltd

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spic am ltd Company Information

Share SPIC AM LTD

Company Number

12831158

Directors

Damien Fogg

Ruth McCarthy

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Shareholders

oak capital limited

ruth mccarthy

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

128 city road, london, EC1V 2NX

Website

-

spic am ltd Estimated Valuation

£1.9k

Pomanda estimates the enterprise value of SPIC AM LTD at £1.9k based on a Turnover of £1.2k and 1.56x industry multiple (adjusted for size and gross margin).

spic am ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SPIC AM LTD at £0 based on an EBITDA of £-6.4k and a 4.1x industry multiple (adjusted for size and gross margin).

spic am ltd Estimated Valuation

£689

Pomanda estimates the enterprise value of SPIC AM LTD at £689 based on Net Assets of £379 and 1.82x industry multiple (adjusted for liquidity).

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Spic Am Ltd Overview

Spic Am Ltd is a live company located in london, EC1V 2NX with a Companies House number of 12831158. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 2020, it's largest shareholder is oak capital limited with a 75% stake. Spic Am Ltd is a young, micro sized company, Pomanda has estimated its turnover at £1.2k with declining growth in recent years.

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Spic Am Ltd Health Check

Pomanda's financial health check has awarded Spic Am Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £1.2k, make it smaller than the average company (£416.6k)

£1.2k - Spic Am Ltd

£416.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -77%, show it is growing at a slower rate (7%)

-77% - Spic Am Ltd

7% - Industry AVG

production

Production

with a gross margin of 15.6%, this company has a higher cost of product (69.9%)

15.6% - Spic Am Ltd

69.9% - Industry AVG

profitability

Profitability

an operating margin of -523.1% make it less profitable than the average company (7.1%)

-523.1% - Spic Am Ltd

7.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Spic Am Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)

£41.1k - Spic Am Ltd

£41.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2k, this is less efficient (£104.2k)

£1.2k - Spic Am Ltd

£104.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (46 days)

113 days - Spic Am Ltd

46 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Spic Am Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spic Am Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Spic Am Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Spic Am Ltd

- - Industry AVG

SPIC AM LTD financials

EXPORTms excel logo

Spic Am Ltd's latest turnover from August 2024 is estimated at £1.2 thousand and the company has net assets of £379. According to their latest financial statements, we estimate that Spic Am Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021
Turnover1,22312,05535,39894,563
Other Income Or Grants
Cost Of Sales1,0329,95829,43080,814
Gross Profit1912,0975,96813,749
Admin Expenses6,589-2,71818,197-5,257
Operating Profit-6,3984,815-12,22919,006
Interest Payable
Interest Receivable
Pre-Tax Profit-6,3984,815-12,22919,006
Tax-1,204-3,611
Profit After Tax-6,3983,611-12,22915,395
Dividends Paid
Retained Profit-6,3983,611-12,22915,395
Employee Costs41,05939,47375,000107,586
Number Of Employees1123
EBITDA*-6,3984,815-12,22919,006

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors3796,8678,36244,212
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets3796,8678,36244,212
total assets3796,8678,36244,212
Bank overdraft
Bank loan
Trade Creditors 905,19628,817
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities905,19628,817
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities905,19628,817
net assets3796,7773,16615,395
total shareholders funds3796,7773,16615,395
Aug 2024Aug 2023Aug 2022Aug 2021
Operating Activities
Operating Profit-6,3984,815-12,22919,006
Depreciation
Amortisation
Tax-1,204-3,611
Stock
Debtors-6,488-1,495-35,85044,212
Creditors-90-5,106-23,62128,817
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

spic am ltd 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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Spic Am Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spic am ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.

spic am ltd Ownership

SPIC AM LTD group structure

Spic Am Ltd has no subsidiary companies.

Ultimate parent company

SPIC AM LTD

12831158

SPIC AM LTD Shareholders

oak capital limited 75%
ruth mccarthy 25%

spic am ltd directors

Spic Am Ltd currently has 3 directors. The longest serving directors include Mr Damien Fogg (Aug 2020) and Ms Ruth McCarthy (Oct 2020).

officercountryagestartendrole
Mr Damien FoggEngland43 years Aug 2020- Director
Ms Ruth McCarthyUnited Kingdom45 years Oct 2020- Director
Ms Ruth McCarthyUnited Kingdom46 years Oct 2020- Director

P&L

August 2024

turnover

1.2k

-90%

operating profit

-6.4k

0%

gross margin

15.7%

-10.31%

turnover

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

Balance Sheet

August 2024

net assets

379

-0.94%

total assets

379

-0.94%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

spic am ltd company details

company number

12831158

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

August 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

August 2024

previous names

N/A

accountant

-

auditor

-

address

128 city road, london, EC1V 2NX

Bank

-

Legal Advisor

-

spic am 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 did not find charges/mortgages relating to spic am ltd.

spic am 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.

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spic am ltd Companies House Filings - See Documents

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