S + P MOTOR SERVICES LIMITED Financials
- Company number
- 02771890CopyCopy
- Registered office
- C/O PITHMANS LTD, 303 Boxley Road, Penenden Heath, Maidstone, Kent ME14 2HD
- Incorporated
- 08/12/1992
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-43.28%vs 20232023: £162.84K
Total Assets
-25.24%vs 20232023: £248.25K
Cash in Bank
-34.29%vs 20232023: £106.75K
Total Liabilities
9.15%vs 20232023: £85.41K
Employees
0vs 20232023: 6
In 2024, S + P MOTOR SERVICES LIMITED reported net assets of £92.35K. The same filing shows total assets of £185.58K, cash in bank of £70.14K and total liabilities of £93.23K. Reported headcount was 6 in 2024. Net Assets fell from £162.84K in 2023 to £92.35K in 2024 (-43.28%). Okredo holds filed figures for 2021–2024; 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
-43.28%from £162.84K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures S + P MOTOR SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-52.4%vs 2022-31% a year compound (CAGR)
Cash in Bank
-56.1%vs 2022-33.8% a year compound (CAGR)
Total Assets
-39.7%vs 2022-22.4% a year compound (CAGR)
Total Liabilities
-18.2%vs 2022-9.6% a year compound (CAGR)
Employees
-14.3%vs 2022-1Biggest decrease
Cash in Bank-56.1%
£159.89K in 2022 to £70.14K in 2024
Every indicator Okredo holds for S + P MOTOR SERVICES LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from S + P MOTOR SERVICES 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
- 49.76%2024
- 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
- 50.24%2024
- 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
- 75.24%2024
- 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
- 37.80%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for S + P MOTOR SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 93.82K | 193.89K | 162.84K | 92.35K |
| Total Assets£ | 196.02K | 307.88K | 248.25K | 185.58K |
| Cash in Bank£ | 108.00K | 159.89K | 106.75K | 70.14K |
| Total Liabilities£ | 102.19K | 113.98K | 85.41K | 93.23K |
| Employees | 7 | 7 | 6 | 6 |
S + P MOTOR SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for S + P MOTOR SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
S + P MOTOR SERVICES LIMITED reported net assets of £92.35K for 2024. That compares with £162.84K in 2023, a change of -43.28%.
S + P MOTOR SERVICES LIMITED reported total assets of £185.58K for 2024. That compares with £248.25K in 2023, a change of -25.24%.
S + P MOTOR SERVICES LIMITED reported cash in bank of £70.14K for 2024. That compares with £106.75K in 2023, a change of -34.29%.
S + P MOTOR SERVICES LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, S + P MOTOR SERVICES LIMITED's net assets fell by 52.4%, cash in bank fell by 56.1%, total assets fell by 39.7% and total liabilities fell by 18.2%. Net assets contracted at 31% a year across the two years to 2024, from £193.89K to £92.35K. Reported headcount went from 7 in 2022 to 6 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.