spiric limited
spiric limited Company Information
Company Number
SC765979
Next Accounts
Mar 2026
Shareholders
marina harper
charles layfield
View AllGroup Structure
View All
Industry
Solicitors
Registered Address
room 21, second floor, libertas, 39 st. vincent place, glasgow, G1 2ER
Website
-spiric limited Estimated Valuation
Pomanda estimates the enterprise value of SPIRIC LIMITED at £415.1k based on a Turnover of £794.9k and 0.52x industry multiple (adjusted for size and gross margin).
spiric limited Estimated Valuation
Pomanda estimates the enterprise value of SPIRIC LIMITED at £0 based on an EBITDA of £-459.2k and a 2.73x industry multiple (adjusted for size and gross margin).
spiric limited Estimated Valuation
Pomanda estimates the enterprise value of SPIRIC LIMITED at £0 based on Net Assets of £-459.2k and 1.72x industry multiple (adjusted for liquidity).
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Spiric Limited Overview
Spiric Limited is a live company located in glasgow, G1 2ER with a Companies House number of SC765979. It operates in the solicitors sector, SIC Code 69102. Founded in April 2023, it's largest shareholder is marina harper with a 33.3% stake. Spiric Limited is a startup, small sized company, Pomanda has estimated its turnover at £794.9k with unknown growth in recent years.
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Spiric Limited Health Check
Pomanda's financial health check has awarded Spiric Limited 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
2 Strong
1 Regular
6 Weak
Size
annual sales of £794.9k, make it smaller than the average company (£1.2m)
- Spiric Limited
£1.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Spiric Limited
- - Industry AVG
Production
with a gross margin of 41.3%, this company has a higher cost of product (68%)
- Spiric Limited
68% - Industry AVG
Profitability
an operating margin of -57.8% make it less profitable than the average company (9.8%)
- Spiric Limited
9.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (20)
- Spiric Limited
20 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Spiric Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £99.4k, this is more efficient (£72.2k)
- Spiric Limited
£72.2k - Industry AVG
Debtor Days
it gets paid by customers after 167 days, this is later than average (65 days)
- Spiric Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (24 days)
- Spiric Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spiric Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spiric Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 221.4%, this is a higher level of debt than the average (48.3%)
221.4% - Spiric Limited
48.3% - Industry AVG
SPIRIC LIMITED financials
Spiric Limited's latest turnover from June 2024 is estimated at £794.9 thousand and the company has net assets of -£459.2 thousand. According to their latest financial statements, we estimate that Spiric Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | |
|---|---|
| Tangible Assets | 5,506 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 5,506 |
| Stock & work in progress | |
| Trade Debtors | 364,953 |
| Group Debtors | |
| Misc Debtors | 7,801 |
| Cash | |
| misc current assets | |
| total current assets | 372,754 |
| total assets | 378,260 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 137,435 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 137,435 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | 700,000 |
| provisions | |
| total long term liabilities | 700,000 |
| total liabilities | 837,435 |
| net assets | -459,175 |
| total shareholders funds | -459,175 |
| Jun 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 372,754 |
| Creditors | 137,435 |
| 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 | 700,000 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
spiric limited Credit Report and Business Information
Spiric Limited Competitor Analysis
Perform a competitor analysis for spiric limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in G 1 area or any other competitors across 12 key performance metrics.
spiric limited Ownership
SPIRIC LIMITED group structure
Spiric Limited has no subsidiary companies.
Ultimate parent company
SPIRIC LIMITED
SC765979
spiric limited directors
Spiric Limited currently has 3 directors. The longest serving directors include Mrs Marina Harper (Jul 2023) and Mr Charles Layfield (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Marina Harper | 41 years | Jul 2023 | - | Director | |
| Mr Charles Layfield | England | 51 years | Jul 2023 | - | Director |
| Mr Matthew Currie | 56 years | Jul 2023 | - | Director |
P&L
June 2024turnover
794.9k
0%
operating profit
-459.2k
0%
gross margin
41.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-459.2k
0%
total assets
378.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
spiric limited company details
company number
SC765979
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
April 2023
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
room 21, second floor, libertas, 39 st. vincent place, glasgow, G1 2ER
Bank
-
Legal Advisor
-
spiric 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 spiric limited.
spiric 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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spiric limited Companies House Filings - See Documents
| date | description | view/download |
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