spring partners (holdings) limited
spring partners (holdings) limited Company Information
Company Number
12905515
Next Accounts
Jun 2025
Shareholders
dual international limited
nathan tom sewell
View AllGroup Structure
View All
Industry
Non-life insurance
Registered Address
1st floor mitre house, 12-14 mitre street, london, EC3A 5BU
Website
astonscott.comspring partners (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING PARTNERS (HOLDINGS) LIMITED at £766.7k based on a Turnover of £1.3m and 0.59x industry multiple (adjusted for size and gross margin).
spring partners (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING PARTNERS (HOLDINGS) LIMITED at £7.5m based on an EBITDA of £1.2m and a 6.5x industry multiple (adjusted for size and gross margin).
spring partners (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING PARTNERS (HOLDINGS) LIMITED at £6.4m based on Net Assets of £3.9m and 1.64x industry multiple (adjusted for liquidity).
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Spring Partners (holdings) Limited Overview
Spring Partners (holdings) Limited is a live company located in london, EC3A 5BU with a Companies House number of 12905515. It operates in the non-life insurance sector, SIC Code 65120. Founded in September 2020, it's largest shareholder is dual international limited with a 49.5% stake. Spring Partners (holdings) Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with unknown growth in recent years.
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Spring Partners (holdings) Limited Health Check
Pomanda's financial health check has awarded Spring Partners (Holdings) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2m)
£1.3m - Spring Partners (holdings) Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Spring Partners (holdings) Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Spring Partners (holdings) Limited
100% - Industry AVG
Profitability
an operating margin of 88.7% make it more profitable than the average company (17.9%)
88.7% - Spring Partners (holdings) Limited
17.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (25)
- Spring Partners (holdings) Limited
25 - Industry AVG
Pay Structure
on an average salary of £62.1k, the company has an equivalent pay structure (£62.1k)
- Spring Partners (holdings) Limited
£62.1k - Industry AVG
Efficiency
resulting in sales per employee of £144.3k, this is equally as efficient (£151k)
- Spring Partners (holdings) Limited
£151k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Spring Partners (holdings) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Spring Partners (holdings) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spring Partners (holdings) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (21 weeks)
1 weeks - Spring Partners (holdings) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.8%, this is a lower level of debt than the average (81.7%)
43.8% - Spring Partners (holdings) Limited
81.7% - Industry AVG
SPRING PARTNERS (HOLDINGS) LIMITED financials
Spring Partners (Holdings) Limited's latest turnover from September 2023 is £1.3 million and the company has net assets of £3.9 million. According to their latest financial statements, we estimate that Spring Partners (Holdings) Limited has 9 employees and maintains cash reserves of £34.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Turnover | 1,298,259 | 620,820 | |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | 1,151,640 | 513,684 | -8,400 |
| Interest Payable | 215,827 | 178,276 | 84,464 |
| Interest Receivable | 7,500 | 3,622 | |
| Pre-Tax Profit | 495,211 | 339,030 | -92,864 |
| Tax | 35,589 | ||
| Profit After Tax | 530,800 | 339,030 | -92,864 |
| Dividends Paid | |||
| Retained Profit | 530,800 | 339,030 | -92,864 |
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* | 1,151,640 | 513,684 | -8,400 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 1,944,734 | 2,154,537 | 1,579,735 |
| Debtors (Due After 1 year) | 3,016,973 | 575,304 | 778,104 |
| Total Fixed Assets | 4,961,707 | 2,729,841 | 2,357,839 |
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | 1,893,123 | 415,623 | 412,001 |
| Misc Debtors | 35,820 | 1,988 | |
| Cash | 34,461 | 562,495 | |
| misc current assets | |||
| total current assets | 1,963,404 | 980,106 | 412,001 |
| total assets | 6,925,111 | 3,709,947 | 2,769,840 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 14,765 | ||
| Group/Directors Accounts | 642,105 | 604,906 | 579,734 |
| other short term finances | 474,096 | 258,270 | |
| hp & lease commitments | |||
| other current liabilities | 25,200 | 92,865 | |
| total current liabilities | 1,130,966 | 888,376 | 672,599 |
| loans | 1,900,000 | 1,900,000 | 1,311,900 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 1,900,000 | 1,900,000 | 1,311,900 |
| total liabilities | 3,030,966 | 2,788,376 | 1,984,499 |
| net assets | 3,894,145 | 921,571 | 785,341 |
| total shareholders funds | 3,894,145 | 921,571 | 785,341 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 1,151,640 | 513,684 | -8,400 |
| Depreciation | |||
| Amortisation | |||
| Tax | 35,589 | ||
| Stock | |||
| Debtors | 3,953,001 | -197,190 | 1,190,105 |
| Creditors | 14,765 | ||
| Accruals and Deferred Income | -25,200 | -67,665 | 92,865 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | -2,776,207 | 643,209 | -1,105,640 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -209,803 | 574,802 | 1,579,735 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 37,199 | 25,172 | 579,734 |
| Other Short Term Loans | 215,826 | 258,270 | |
| Long term loans | 588,100 | 1,311,900 | |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -208,327 | -174,654 | -84,464 |
| cash flow from financing | 2,486,472 | 494,088 | 2,685,375 |
| cash and cash equivalents | |||
| cash | -528,034 | 562,495 | |
| overdraft | |||
| change in cash | -528,034 | 562,495 |
spring partners (holdings) limited Credit Report and Business Information
Spring Partners (holdings) Limited Competitor Analysis
Perform a competitor analysis for spring partners (holdings) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
spring partners (holdings) limited Ownership
SPRING PARTNERS (HOLDINGS) LIMITED group structure
Spring Partners (Holdings) Limited has no subsidiary companies.
Ultimate parent company
SPRING PARTNERS (HOLDINGS) LIMITED
12905515
spring partners (holdings) limited directors
Spring Partners (Holdings) Limited currently has 6 directors. The longest serving directors include Mr Ian Jacob (Sep 2020) and Mr Ian Jacob (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Jacob | England | 42 years | Sep 2020 | - | Director |
| Mr Ian Jacob | England | 42 years | Sep 2020 | - | Director |
| Mr Russell Kilpatrick | England | 60 years | Sep 2020 | - | Director |
| Mr Andrea Nicoli | United Kingdom | 41 years | Jul 2022 | - | Director |
| Mr Tristan Sargeaunt | United Kingdom | 42 years | Jan 2023 | - | Director |
| Ms Susan Saddington | United Kingdom | 57 years | Jul 2024 | - | Director |
P&L
September 2023turnover
1.3m
+109%
operating profit
1.2m
+124%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.9m
+3.23%
total assets
6.9m
+0.87%
cash
34.5k
-0.94%
net assets
Total assets minus all liabilities
Similar Companies
spring partners (holdings) limited company details
company number
12905515
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
1st floor mitre house, 12-14 mitre street, london, EC3A 5BU
Bank
-
Legal Advisor
-
spring partners (holdings) 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 spring partners (holdings) limited.
spring partners (holdings) 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.
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spring partners (holdings) limited Companies House Filings - See Documents
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