spek build ltd

2

spek build ltd Company Information

Share SPEK BUILD LTD
Live 
StartupSmall

Company Number

13213592

Website

-

Registered Address

unit 2b, first floor, 100 melton road, nottingham, NG2 6EP

Industry

Construction of commercial buildings

 

Construction of domestic buildings

 
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Telephone

-

Next Accounts Due

November 2024

Group Structure

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Directors

Berardino Labbate3 Years

Berardino Labbate3 Years

Shareholders

dino labbate 100%

spek build ltd Estimated Valuation

£291k

Pomanda estimates the enterprise value of SPEK BUILD LTD at £291k based on a Turnover of £826.3k and 0.35x industry multiple (adjusted for size and gross margin).

spek build ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SPEK BUILD LTD at £0 based on an EBITDA of £-9.3k and a 2.82x industry multiple (adjusted for size and gross margin).

spek build ltd Estimated Valuation

£21.7k

Pomanda estimates the enterprise value of SPEK BUILD LTD at £21.7k based on Net Assets of £14.6k and 1.49x industry multiple (adjusted for liquidity).

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Spek Build Ltd Overview

Spek Build Ltd is a live company located in nottingham, NG2 6EP with a Companies House number of 13213592. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2021, it's largest shareholder is dino labbate with a 100% stake. Spek Build Ltd is a startup, small sized company, Pomanda has estimated its turnover at £826.3k with unknown growth in recent years.

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Spek Build Ltd Health Check

Pomanda's financial health check has awarded Spek Build Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £826.3k, make it smaller than the average company (£4m)

£826.3k - Spek Build Ltd

£4m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Spek Build Ltd

- - Industry AVG

production

Production

with a gross margin of 9%, this company has a higher cost of product (20.2%)

9% - Spek Build Ltd

20.2% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (6.4%)

-1.1% - Spek Build Ltd

6.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Spek Build Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £46k, the company has an equivalent pay structure (£46k)

£46k - Spek Build Ltd

£46k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £826.3k, this is more efficient (£265.7k)

£826.3k - Spek Build Ltd

£265.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 96 days, this is later than average (36 days)

96 days - Spek Build Ltd

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 116 days, this is slower than average (33 days)

116 days - Spek Build Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spek Build Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Spek Build Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.3%, this is a higher level of debt than the average (72.4%)

94.3% - Spek Build Ltd

72.4% - Industry AVG

SPEK BUILD LTD financials

EXPORTms excel logo

Spek Build Ltd's latest turnover from February 2023 is estimated at £826.3 thousand and the company has net assets of £14.6 thousand. According to their latest financial statements, Spek Build Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022
Turnover826,266275,972
Other Income Or Grants00
Cost Of Sales751,893251,637
Gross Profit74,37324,335
Admin Expenses83,644-5,139
Operating Profit-9,27129,474
Interest Payable00
Interest Receivable00
Pre-Tax Profit-9,27129,474
Tax0-5,600
Profit After Tax-9,27123,874
Dividends Paid00
Retained Profit-9,27123,874
Employee Costs46,03144,339
Number Of Employees11
EBITDA*-9,27129,474

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022
Tangible Assets36,38073,405
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets36,38073,405
Stock & work in progress00
Trade Debtors217,95647,162
Group Debtors00
Misc Debtors00
Cash00
misc current assets00
total current assets217,95647,162
total assets254,336120,567
Bank overdraft00
Bank loan00
Trade Creditors 239,73396,693
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities239,73396,693
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities239,73396,693
net assets14,60323,874
total shareholders funds14,60323,874
Feb 2023Feb 2022
Operating Activities
Operating Profit-9,27129,474
Depreciation00
Amortisation00
Tax0-5,600
Stock00
Debtors170,79447,162
Creditors143,04096,693
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations-37,02573,405
Investing Activities
capital expenditure37,025-73,405
Change in Investments00
cash flow from investments37,025-73,405
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue00
interest00
cash flow from financing00
cash and cash equivalents
cash00
overdraft00
change in cash00

spek build 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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Spek Build Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spek build ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NG2 area or any other competitors across 12 key performance metrics.

spek build ltd Ownership

SPEK BUILD LTD group structure

Spek Build Ltd has no subsidiary companies.

Ultimate parent company

SPEK BUILD LTD

13213592

SPEK BUILD LTD Shareholders

dino labbate 100%

spek build ltd directors

Spek Build Ltd currently has 2 directors. The longest serving directors include Mr Berardino Labbate (Feb 2021) and Mr Berardino Labbate (Feb 2021).

officercountryagestartendrole
Mr Berardino LabbateUnited Kingdom37 years Feb 2021- Director
Mr Berardino LabbateEngland37 years Feb 2021- Director

P&L

February 2023

turnover

826.3k

+199%

operating profit

-9.3k

0%

gross margin

9.1%

+2.08%

turnover

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

Balance Sheet

February 2023

net assets

14.6k

-0.39%

total assets

254.3k

+1.11%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

spek build ltd company details

company number

13213592

Type

Private limited with Share Capital

industry

41100 - Development of building projects

41201 - Construction of commercial buildings

41202 - Construction of domestic buildings

incorporation date

February 2021

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2023

previous names

N/A

accountant

-

auditor

-

address

unit 2b, first floor, 100 melton road, nottingham, NG2 6EP

Bank

-

Legal Advisor

-

spek build 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 spek build ltd.

charges

spek build ltd Companies House Filings - See Documents

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