SPIRE GLOBAL UK 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

  0%

  £28,303,620 → £28,308,389

• Cash

  -90%

  £583,725 → £58,276

• Net assets

  +7.7%

  £11,175,739 → £12,039,623

• Employees

  +11.7%

  162 → 181

• Operating profit

  -21.3%

  £1,404,442 → £1,105,605

• Profit before tax

  -28.2%

  £1,018,776 → £731,502

• Wages

  +2.6%

  £9,549,192 → £9,801,564

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

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company meets its working capital requirements through the support of its parent company and is dependent upon its parent for ongoing trade. The Parent entity Directors have provided a binding letter of support, confirming that this will continue for the foreseeable future. In their own assessment of the Group's ability to continue as a Going Concern, and therefore to provide this financial support, the Parent entity Directors have taken account of available funding lines, forecast cashflows for a period of at least 12 months from the date of signing the financial statements and the underlying assumptions within these. The Parent entity Directors have concluded that the Group has sufficient cash resources to continue to meet liabilities as they fall due for the foreseeable future. Accordingly, the Directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of these financial resources and support.”

Significant events

• “During the year ended 31 December 2024, the Group had a net loss of $102.8m, negative cash flow from operations of $18.5m, and ended the year with cash and cash equivalents of $19.2m, excluding restricted cash and marketable securities.”
• “The Company remains committed to expanding its UK operations from its Glasgow base, and since October 2021 has been operating successfully out of a purpose-built office and manufacturing facility and has built strong relationships within local government and space agencies in order to advance its technology. The company also now has a small satellite office at the Harwell Science and Innovation Campus in Oxfordshire, England.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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