S P TECHNOLOGY LIMITED Financials
- Company number
- SC087192CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- 3 George Buckman Drive, Camperdown Industrial Park, Dundee DD2 3SP
- Incorporated
- 19/03/1984
Company snapshot
- Status
- Active
- Employees
- 37 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-17.19%vs 20232023: £1.62M
Total Assets
-5.80%vs 20232023: £4.42M
Cash in Bank
-8.39%vs 20232023: £1.45M
Total Liabilities
-0.02%vs 20232023: £2.64M
Employees
0vs 20232023: 37
In 2024, S P TECHNOLOGY LIMITED reported net assets of £1.34M. The same filing shows total assets of £4.16M, cash in bank of £1.33M and total liabilities of £2.64M. Reported headcount was 37 in 2024. Net Assets fell from £1.62M in 2023 to £1.34M in 2024 (-17.19%). 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
-17.19%from £1.62M 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 TECHNOLOGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-24.1%vs 2022-12.9% a year compound (CAGR)
Cash in Bank
-5.6%vs 2022-2.9% a year compound (CAGR)
Total Assets
-11.3%vs 2022-5.8% a year compound (CAGR)
Total Liabilities
-2.4%vs 2022-1.2% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-24.1%
£1.77M in 2022 to £1.34M in 2024
Every measure that changed in S P TECHNOLOGY LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from S P TECHNOLOGY 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
- 32.21%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
- 63.41%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
- 50.39%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
- 31.96%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 TECHNOLOGY 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£ | 2.55M | 1.77M | 1.62M | 1.34M |
| Total Assets£ | 5.35M | 4.69M | 4.42M | 4.16M |
| Cash in Bank£ | 2.09M | 1.41M | 1.45M | 1.33M |
| Total Liabilities£ | 2.56M | 2.70M | 2.64M | 2.64M |
| Employees | 38 | 37 | 37 | 37 |
S P TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for S P TECHNOLOGY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
S P TECHNOLOGY LIMITED reported net assets of £1.34M for 2024. That compares with £1.62M in 2023, a change of -17.19%.
S P TECHNOLOGY LIMITED reported total assets of £4.16M for 2024. That compares with £4.42M in 2023, a change of -5.80%.
S P TECHNOLOGY LIMITED reported cash in bank of £1.33M for 2024. That compares with £1.45M in 2023, a change of -8.39%.
S P TECHNOLOGY LIMITED reported 37 employees in 2024, compared with 37 in 2023.
Between 2022 and 2024, S P TECHNOLOGY LIMITED's net assets fell by 24.1%, cash in bank fell by 5.6%, total assets fell by 11.3% and total liabilities fell by 2.4%. Net assets contracted at 12.9% a year across the two years to 2024, from £1.77M to £1.34M. Reported headcount went from 37 in 2022 to 37 in 2024.
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.