MICHAEL SPIERS (JEWELLERS) LIMITED Financials
- Company number
- 00689786CopyCopy
- Registered office
- 54 Cornwall Street, Plymouth PL1 1LR
- Incorporated
- 14/04/1961
Company snapshot
- Status
- Active
- Employees
- 68 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
13.48%vs 20242024: £14.44M
Total Assets
18.00%vs 20242024: £26.43M
Cash in Bank
-85.78%vs 20242024: £394.37K
Total Liabilities
15.12%vs 20242024: £6.82M
Employees
+1vs 20242024: 67
In 2025, MICHAEL SPIERS (JEWELLERS) LIMITED reported net assets of £16.39M. The same filing shows total assets of £31.19M, cash in bank of £56.08K and total liabilities of £7.85M. Reported headcount was 68 in 2025. Total Assets rose from £26.43M in 2024 to £31.19M in 2025 (18.00%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
13.48%from £14.44M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MICHAEL SPIERS (JEWELLERS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+37.8%vs 2023+17.4% a year compound (CAGR)
Cash in Bank
-98.1%vs 2023-86.2% a year compound (CAGR)
Total Assets
+54.8%vs 2023+24.4% a year compound (CAGR)
Total Liabilities
+46.3%vs 2023+20.9% a year compound (CAGR)
Employees
+13.3%vs 2023+8Biggest increase
Total Assets+54.8%
£20.15M in 2023 to £31.19M in 2025
Biggest decrease
Cash in Bank-98.1%
£2.96M in 2023 to £56.08K in 2025
MICHAEL SPIERS (JEWELLERS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MICHAEL SPIERS (JEWELLERS) LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 52.56%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 25.19%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.71%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.18%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £496.24K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MICHAEL SPIERS (JEWELLERS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 9.36M | 11.89M | 14.44M | 16.39M |
| Total Assets£ | 17.85M | 20.15M | 26.43M | 31.19M |
| Cash in Bank£ | 2.88M | 2.96M | 394.37K | 56.08K |
| Total Liabilities£ | 6.08M | 5.37M | 6.82M | 7.85M |
| Employees | 59 | 60 | 67 | 68 |
MICHAEL SPIERS (JEWELLERS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MICHAEL SPIERS (JEWELLERS) LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
MICHAEL SPIERS (JEWELLERS) LIMITED reported net assets of £16.39M for 2025. That compares with £14.44M in 2024, a change of 13.48%.
MICHAEL SPIERS (JEWELLERS) LIMITED reported total assets of £31.19M for 2025. That compares with £26.43M in 2024, a change of 18.00%.
MICHAEL SPIERS (JEWELLERS) LIMITED reported cash in bank of £56.08K for 2025. That compares with £394.37K in 2024, a change of -85.78%.
MICHAEL SPIERS (JEWELLERS) LIMITED reported 68 employees in 2025, compared with 67 in 2024.
Between 2023 and 2025, MICHAEL SPIERS (JEWELLERS) LIMITED's net assets rose by 37.8%, cash in bank fell by 98.1%, total assets rose by 54.8% and total liabilities rose by 46.3%. Net assets compounded at 17.4% a year across the two years to 2025, from £11.89M to £16.39M. Reported headcount went from 60 in 2023 to 68 in 2025 (+8).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.