Specac Limited
01008689
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/08/2025
Due 27/08/2026
Industry
Officers
secretary · Since 17/10/2024
Former
director · Resigned 21/04/2015
director · Resigned 21/04/2015
secretary · Resigned 21/04/2015
director · Resigned 31/12/2015
secretary · Resigned 24/03/2017
director · Resigned 24/03/2017
director · Resigned 12/07/2021
director · Resigned 01/03/2024
director · Resigned 01/03/2024
director · Resigned 19/03/2024
Persons with Significant Control
Specac International Limited
Unit 12, Halo Business Park, Orpington, BR5 3FQ
Reg: 09432751 · Companies House · Private Limited Company
Notified 06/04/2016
Charges1 outstanding
NORDIC TRUSTEE AS
ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY AGENT
ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY TRUSTEE
FORESIGHT VCT PLC (AS SECURITY TRUSTEE)
Change History
Active
Private Limited Company
SCIENCE AND INNOVATION CENTRE UNIT 12, HALO BUSINESS PARK
ORPINGTON
CompanyRankvs 15+ SIC 26511 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -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
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.07 | +£705k |
| 2024 | 3.63 | — |
Derived from filed accounts. Not audited figures.