SPECDRUM LIMITED
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Cash
£1.9M
-0.6% vs 2024
Net assets
£8.8M
+10.3% highest in 3 filed years
Employees
60
-22.1% lowest in 3 filed years
Profit before tax
£958K
-57.8% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-01-31
| Metric | Trend | 2023-01-31 | 2024-01-31 | 2025-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £18,546,608 | £18,343,559 | £12,405,741 | -32.4% | |
| Operating profit | £1,483,296 | £2,270,536 | £957,889 | -57.8% | |
| Profit before tax | £1,483,021 | £2,270,536 | £958,342 | -57.8% | |
| Net profit | £1,348,551 | £1,726,308 | £819,071 | -52.6% | |
| Cash | £1,195,031 | £1,958,720 | £1,947,889 | -0.6% | |
| Total assets less current liabilities | £6,316,419 | £8,018,179 | £8,822,683 | +10% | |
| Net assets | £6,242,193 | £7,968,501 | £8,787,572 | +10.3% | |
| Equity | £6,242,193 | £7,968,501 | £8,787,572 | +10.3% | |
| Average employees | 79 | 77 | 60 | -22.1% | |
| Wages | £2,184,423 | £2,295,434 | £1,894,872 | -17.5% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|
| Operating margin | 8.0% | 12.4% | 7.7% | |
| Net margin | 7.3% | 9.4% | 6.6% | |
| Return on capital employed | 23.5% | 28.3% | 10.9% | |
| Current ratio | — | 3.26x | 5.45x |
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
- AAB Group Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reviewed future cash forecasts for the company's activities and believe that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements. 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The company achieved turnover of £12.4m (2024: £18.3m) in the year ended 31 January 2025, a decrease of 32.4%, with a gross profit margin of 22.1%, compared to 20.1% in 2024. This decrease in turnover was expected due to the market conditions but it is anticipated that the performance wil improve for FY2026.”
- “During the year a provision was included in the financial statements in respect of an investment that was deemed potentially irrecoverable.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCABE, Dermot | Director | 2016-02-26 | Jan 1971 | Irish |
| MCCABE, Martin | Director | 2016-02-26 | Aug 1962 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| O'BRIEN, Paul | Director | 2016-02-10 | 2016-02-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Martin Mccabe | Individual | Significant influence | 2023-10-04 | Active |
| Mr Dermot Mccabe | Individual | Significant influence | 2023-10-04 | Active |
| Pulleys International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-31 | Ceased 2023-10-04 |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-23 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | CH01 | officers | Change person director company with change date | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-22 | AA | accounts | Accounts with accounts type full | |
| 2024-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-31 | AA | accounts | Accounts with accounts type full | |
| 2023-10-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-10-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-02 | AA | accounts | Accounts with accounts type full | |
| 2022-05-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-03 | AA | accounts | Accounts with accounts type full | |
| 2021-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.