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Specac Limited

01008689

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SCIENCE AND INNOVATION CENTRE UNIT 12, HALO BUSINESS PARK, ORPINGTON, BR5 3FQ
Incorporated 22/04/1971

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/08/2025

Due 27/08/2026

On track

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

James Dominic Jordan

secretary · Since 17/10/2024

Stephen David Allen

director · Since 17/10/2024

British

Mark Dearden

director · Since 01/07/2024

British

Henry Joseph Dubina

director · Since 19/03/2024

American

Jay Ray

director · Since 19/03/2024

American

Former

Neil Robert Burdett

secretary · Resigned 09/04/2009

Malcolm Robert Hensby

secretary · Resigned 31/10/1997

Donald Henry John Lester

secretary · Resigned 16/07/1992

Adam David Powell

secretary · Resigned 21/04/2015

William Arthur Edward Selfe

secretary · Resigned 24/03/2017

Alan Smith

secretary · Resigned 11/12/2000

David Michael Whiting

secretary · Resigned 17/02/2012

John Peter Robert Brown

director · Resigned 30/04/1995

Nicholas Paul Chamberlin

director · Resigned 29/11/2002

John Cooper

director · Resigned 23/11/1999

Roger Clive Ellis

director · Resigned 22/05/2000

Christopher Paul Fowler

director · Resigned 31/03/1993

Paul Alan Hayter

director · Resigned 31/10/2008

David Robert Hill

director · Resigned 21/04/2015

Paul John Lester

director · Resigned 30/06/1997

Andrew Wallace Little

director · Resigned 01/04/1999

James Melville Jackson

director · Resigned 01/03/2024

Kevin O'Donovan

director · Resigned 01/03/2024

Richard John Paddison

director · Resigned 21/04/2015

Shannon Jyles Postma

director · Resigned 19/03/2024

Graham Poulter

director · Resigned 31/12/2015

Stanley Alfred Ranson

director · Resigned 31/03/1995

William Arthur Edward Selfe

director · Resigned 24/03/2017

David John Smith

director · Resigned 12/07/2021

David Malcolm Spencer

director · Resigned 04/12/2001

Charles Mark Stuttard

director · Resigned 31/07/2002

Trevor Peter Thrower

director · Resigned 11/11/1991

CompanyRankvs 105+ SIC 26511 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the Directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£12.1M

Annual revenue

Net Worth

£15.6M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Profit Before Tax

£648k

Bottom line earnings

Net Current Assets

£11.4M

Working capital

Current Assets

£15.2M

Current Liabilities

£3.7M

Fixed Assets

£4.4M

Debtors

£10.0M

Cost of Sales

£6.6M

Gross Profit

£5.5M

Admin Expenses

£3.2M

Operating Profit

£643k

Profit After Tax

£705k

76avg. employees-1

People Costs

Wages & salaries£2.9M
NI contributions£303k

Balance Sheet

Assets less current liabilities£15.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20244.07+£705k
20243.63

Derived from filed accounts. Not audited figures.