Spellman High Voltage Electronics Limited.
02329112
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 16/12/2025
Due 30/12/2026
Industry
Officers
director · Since 16/07/2001
COMPANY DIRECTOR
AMERICAN · Age 79
Also on 1 other board
secretary · Since 24/04/2023
secretary · Since 24/04/2023
Former
corporate secretary · Resigned 01/11/1994
secretary · Resigned 04/12/1998
director · Resigned 16/03/2000
corporate secretary · Resigned 20/09/2000
director · Resigned 08/02/2002
director · Resigned 31/03/2002
director · Resigned 12/04/2002
director · Resigned 29/02/2012
director · Resigned 10/06/2015
director · Resigned 19/08/2016
corporate secretary · Resigned 08/05/2017
secretary · Resigned 15/08/2023
director · Resigned 31/10/2023
Persons with Significant Control
Loren Richard Skeist
American · United States · Age 79
Broomers Park, Broomers Hill Lane, Pulborough, RH20 2RY
Notified 06/04/2016
Charges0 outstanding
HSBC BANK PLC
HSBC BANK USA
MIDLAND BANK PLC
MIDLAND BANK PLC
Change History
Active
Private Limited Company
BROOMERS PARK
PULBOROUGH
CompanyRankvs 15+ SIC 26110 peers80
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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
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
Key FinancialsYear ending 31/03/2025
Net Worth
£19.0M
Balance sheet strength
Cash
£3.6M
Cash in the bank
Profit Before Tax
£7.6M
Bottom line earnings
Net Current Assets
£17.2M
Working capital
Current Assets
£23.5M
Current Liabilities
£6.3M
Fixed Assets
£2.3M
Debtors
£11.0M
Admin Expenses
£8.7M
Profit After Tax
£6.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.71 | +£801k |
| 2024 | 3.36 | +£1.6M |
| 2023 | 2.97 | +£3.5M |
| 2022 | 2.49 | +£2.1M |
| 2021 | 2.79 | +£1.2M |
| 2020 | 2.93 | +£1.0M |
| 2019 | 2.36 | — |
Derived from filed accounts. Not audited figures.