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Spec Building Limited

11592047

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Unit 1 Longbridge Meadow, Station Road, Cullompton, EX15 1BT
Incorporated 27/09/2018

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

41100
Development of building projects

Officers

Peter Smith

director · Since 27/09/2018

British · England · Age 42

Geoffrey Harold Smith

director · Since 06/04/2020

British · England · Age 77

Former

David Kevin Smith

director · Resigned 31/03/2021

Persons with Significant Control

Mr Peter Smith

75–100% shares
75–100% votes
Appoint directors

British · England · Age 42

Unit 1 Longbridge Meadow, Station Road, Cullompton, EX15 1BT

Notified 27/09/2018

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line1Unit 1 Longbridge Meadow
2026-06-06

UNIT 1 LONGBRIDGE MEADOW

post townCullompton
2026-06-06

CULLOMPTON

officer appointedSMITH, Geoffrey Harold
2026-06-06
officer appointedSMITH, Peter
2026-06-06

CompanyRankvs 17529+ SIC 41100 peers
66

Financial strength52th percentile among SIC peers · 13/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.75× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees10/15 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.

Longevity8/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

£742

Balance sheet strength

Cash

£155

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£30k

Current Liabilities

£8k

Debtors

£29k

2avg. employees

Tax at Year End(2024)

Corp tax£550

Director Loans(2021)

Company owes directors£327k

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20253.75
20242.95
20233.35
20223.88
20214.44
20200.95

Derived from filed accounts. Not audited figures.