SPYRIDON LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +2.5%

  £10,056,942 → £10,305,962

• Cash

  -14%

  £2,901,495 → £2,494,623

• Net assets

  +19.4%

  £4,441,286 → £5,302,395

  highest in 5 filed years

• Employees

  +3.7%

  54 → 56

  highest in 5 filed years

• Operating profit

  -44.3%

  £1,738,574 → £967,652

• Profit before tax

  -46.6%

  £1,698,135 → £906,223

• Wages

  +6.4%

  £1,779,308 → £1,892,979

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. SPYRIDON LIMITED · parent
   1. Dyson Technical Ceramics Limited 100% · UK

Significant events

• “The group maintained turnover at a similar level to the previous year at £10.3 million (2023: £10.1m) in a challenging market.”
• “The business has faced inflationary cost increases in all areas and in particular energy costs.”
• “The group continued to invest in expanding and improving its product range and performance which has resulted in increased manufacturing costs.”
• “Sales pricing has been maintained at competitive levels despite these cost increases resulting in lower margins and providing exceptional value to customers.”
• “Profit before tax reduced to £0.9 million (2023: £1.7 million) due to these factors.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.