SPEC PROJECTS LIMITED
Get an alert when SPEC PROJECTS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-18 (in 10mo)
Last made up 2026-03-04
Watchouts
None on the register
Cash
£2M
+108% highest in 3 filed years
Net assets
£4M
+23.6% highest in 3 filed years
Employees
27
+35% highest in 3 filed years
Profit before tax
£1M
+35.1% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £19,955,683 | £21,892,544 | |
| Operating profit | — | — | — | — | £904,114 | £1,199,845 | |
| Profit before tax | — | — | — | — | £824,672 | £1,114,204 | |
| Net profit | — | — | — | — | £605,917 | £823,696 | |
| Cash | £962,939 | — | — | — | £996,018 | £2,071,638 | |
| Total assets less current liabilities | £320,540 | — | — | — | £4,017,964 | £4,642,772 | |
| Net assets | £182,007 | — | — | — | £3,496,094 | £4,319,790 | |
| Equity | £182,007 | — | — | — | £3,496,094 | £4,319,790 | |
| Average employees | 19 | — | — | — | 20 | 27 | |
| Wages | — | — | — | — | £1,381,540 | £1,899,943 | |
| Directors' remuneration | — | — | — | — | £502,162 | £1,079,364 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+9.7%
£19,955,683 £21,892,544
-
Cash
+108%
£996,018 £2,071,638
highest in 3 filed years
-
Net assets
+23.6%
£3,496,094 £4,319,790
highest in 3 filed years
-
Employees
+35%
20 27
highest in 3 filed years
-
Operating profit
+32.7%
£904,114 £1,199,845
-
Profit before tax
+35.1%
£824,672 £1,114,204
-
Wages
+37.5%
£1,381,540 £1,899,943
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.5% | 5.5% | |
| Net margin | — | — | — | — | 3.0% | 3.8% | |
| Return on capital employed | — | — | — | — | 22.5% | 25.8% | |
| Gearing (liabilities / total assets) | — | — | — | — | 61.5% | 54.0% | |
| Current ratio | — | — | — | — | 1.69x | 1.90x | |
| Interest cover | — | — | — | — | 8.59x | 9.49x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation based on the order book that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “SPEC Projects Ltd intends to expand further within the commercial construction sector and to broaden its client base, reducing reliance on any single customer or market segment. The directors believe this approach will support steady, profitable trading and strengthen the company's long-term stability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHANT, Stephen Wayne | Director | 2018-05-14 | Mar 1967 | British |
| HARGREAVES, Peter William | Director | 2018-05-14 | Mar 1976 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Peter William Hargreaves | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-05-14 | Active |
| Mr Stephen Wayne Chant | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-05-14 | Active |
Filing timeline
Last 20 of 21 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | AA | accounts | Accounts with accounts type full | |
| 2026-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-05 | AA | accounts | Accounts with accounts type full | |
| 2024-12-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-29 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-05-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-05-22 | AA | accounts | Accounts with accounts type full | |
| 2024-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-01-06 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-08-16 | AA01 | accounts | Change account reference date company current shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.