SPECTRUM TECHNOLOGIES LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +10.1%

  £10,241,709 → £11,276,836

• Cash

  -7%

  £2,868,287 → £2,667,503

• Net assets

  +23.9%

  £5,104,525 → £6,326,611

  highest in 3 filed years

• Employees

  +18.6%

  59 → 70

  highest in 3 filed years

• Operating profit

  +1.9%

  £1,372,193 → £1,397,731

• Profit before tax

  +3.1%

  £1,412,531 → £1,455,879

• Wages

  +14.5%

  £3,108,861 → £3,559,475

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. SPECTRUM TECHNOLOGIES LIMITED 2017-03-17 → present
2. SPECTRUM TECHNOLOGIES PLC 1989-10-06 → 2017-03-17
3. MITERUN LIMITED 1989-05-18 → 1989-10-06

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following 9/11 the Board introduced a requirement to maintain a strong financial position at all times to ensure that business could withstand any major unexpected event. As a result of this and the Group's ongoing careful management of cash and working capital improvements, cash at the end of the 2024-25 financial year stood at £2.67M compared to £2.87M at the end of the 2023-24 financial year. The latest forecasts and projections, taking account of reasonably possible changes in trading performance show that the Group will remain cash positive and be able to operate within the level of its facilities for a period of at least 12 months from the approval date of these financial statements. Accordingly, Spectrum continues to adopt the going concern basis in preparing its consolidated financial statements.”

Group structure

1. SPECTRUM TECHNOLOGIES LIMITED · parent
   1. Spectrum Technologies USA Inc 100% · USA
   2. Shanghai Imperial Laser Systems Trading Company Limited 100% · P.R. China
   3. Spectrum Technologies Profit Sharing Trustees Limited 100% · UK

Significant events

• “Following the series of share buybacks in previous years, the Company was recently approached by a number of shareholders requesting that the Company consider buying back their shares. After careful consideration the Board put new resolutions to shareholders in support of a further buy back of shares.”
• “On 11 April 2024 and 28 May 2024, the group made further buybacks of 124,381 and 1,000 shares for a sum of £22,045 and £177 respectively.”
• “The boost in aerospace, lifted business levels to a new all-time record with revenues exceeding £11M.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.