segro spare 1 limited
segro spare 1 limited Company Information
Company Number
13769726
Next Accounts
Sep 2025
Industry
Buying and selling of own real estate
Shareholders
segro properties limited
Group Structure
View All
Contact
Registered Address
1 new burlington place, london, W1S 2HR
Website
-segro spare 1 limited Estimated Valuation
Pomanda estimates the enterprise value of SEGRO SPARE 1 LIMITED at £10.7m based on a Turnover of £2.9m and 3.67x industry multiple (adjusted for size and gross margin).
segro spare 1 limited Estimated Valuation
Pomanda estimates the enterprise value of SEGRO SPARE 1 LIMITED at £0 based on an EBITDA of £-11.2m and a 7.57x industry multiple (adjusted for size and gross margin).
segro spare 1 limited Estimated Valuation
Pomanda estimates the enterprise value of SEGRO SPARE 1 LIMITED at £100.1m based on Net Assets of £64.7m and 1.55x industry multiple (adjusted for liquidity).
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Segro Spare 1 Limited Overview
Segro Spare 1 Limited is a live company located in london, W1S 2HR with a Companies House number of 13769726. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2021, it's largest shareholder is segro properties limited with a 100% stake. Segro Spare 1 Limited is a startup, small sized company, Pomanda has estimated its turnover at £2.9m with unknown growth in recent years.
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Segro Spare 1 Limited Health Check
Pomanda's financial health check has awarded Segro Spare 1 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
1 Weak
Size
annual sales of £2.9m, make it larger than the average company (£950k)
£2.9m - Segro Spare 1 Limited
£950k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Segro Spare 1 Limited
- - Industry AVG
Production
with a gross margin of 92.6%, this company has a lower cost of product (70.3%)
92.6% - Segro Spare 1 Limited
70.3% - Industry AVG
Profitability
an operating margin of -383.1% make it less profitable than the average company (23.9%)
-383.1% - Segro Spare 1 Limited
23.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Segro Spare 1 Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Segro Spare 1 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £584.6k, this is more efficient (£189k)
- Segro Spare 1 Limited
£189k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (24 days)
19 days - Segro Spare 1 Limited
24 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Segro Spare 1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Segro Spare 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Segro Spare 1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.5%, this is a lower level of debt than the average (63.5%)
5.5% - Segro Spare 1 Limited
63.5% - Industry AVG
SEGRO SPARE 1 LIMITED financials
Segro Spare 1 Limited's latest turnover from December 2023 is £2.9 million and the company has net assets of £64.7 million. According to their latest financial statements, we estimate that Segro Spare 1 Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 2,923,000 | 2,630,000 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 217,000 | 60,000 |
| Gross Profit | 2,706,000 | 2,570,000 |
| Admin Expenses | 13,904,000 | 46,025,000 |
| Operating Profit | -11,198,000 | -43,455,000 |
| Interest Payable | 94,000 | 579,000 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -11,292,000 | -44,034,000 |
| Tax | 0 | 0 |
| Profit After Tax | -11,292,000 | -44,034,000 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -11,292,000 | -44,034,000 |
| Employee Costs | 0 | 0 |
| Number Of Employees | ||
| EBITDA* | -11,198,000 | -43,455,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 68,300,000 | 81,400,000 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 68,300,000 | 81,400,000 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 153,000 | 111,000 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 35,000 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 153,000 | 146,000 |
| total assets | 68,453,000 | 81,546,000 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 767,000 | 668,000 |
| total current liabilities | 767,000 | 668,000 |
| loans | 3,012,000 | 4,912,000 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 3,012,000 | 4,912,000 |
| total liabilities | 3,779,000 | 5,580,000 |
| net assets | 64,674,000 | 75,966,000 |
| total shareholders funds | 64,674,000 | 75,966,000 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -11,198,000 | -43,455,000 |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | 0 | 0 |
| Stock | 0 | 0 |
| Debtors | 7,000 | 146,000 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 99,000 | 668,000 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -11,106,000 | -42,933,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -13,100,000 | 81,400,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -1,900,000 | 4,912,000 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -94,000 | -579,000 |
| cash flow from financing | -1,994,000 | 124,333,000 |
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
segro spare 1 limited Credit Report and Business Information
Segro Spare 1 Limited Competitor Analysis
Perform a competitor analysis for segro spare 1 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1S area or any other competitors across 12 key performance metrics.
segro spare 1 limited Ownership
SEGRO SPARE 1 LIMITED group structure
Segro Spare 1 Limited has no subsidiary companies.
Ultimate parent company
2 parents
SEGRO SPARE 1 LIMITED
13769726
segro spare 1 limited directors
Segro Spare 1 Limited currently has 6 directors. The longest serving directors include Mr David Proctor (Nov 2021) and Mr James Craddock (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Proctor | United Kingdom | 51 years | Nov 2021 | - | Director |
| Mr James Craddock | United Kingdom | 45 years | Nov 2021 | - | Director |
| Mr James Craddock | United Kingdom | 45 years | Nov 2021 | - | Director |
| Mr Sean Doherty | United Kingdom | 37 years | Dec 2023 | - | Director |
| Mr Paras Patel | United Kingdom | 41 years | Dec 2023 | - | Director |
| Mrs Bonnie Minshull | United Kingdom | 44 years | Dec 2023 | - | Director |
P&L
December 2023turnover
2.9m
+11%
operating profit
-11.2m
-74%
gross margin
92.6%
-5.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
64.7m
-0.15%
total assets
68.5m
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
segro spare 1 limited company details
company number
13769726
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2021
age
4
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1 new burlington place, london, W1S 2HR
Bank
-
Legal Advisor
-
segro spare 1 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 segro spare 1 limited.
segro spare 1 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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segro spare 1 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
