S. SPAVIN LIMITED Financials
- Company number
- 01126871CopyCopy
- Registered office
- South Park Industrial Estate, Scotter Road South, Scunthorpe, North Lincolnshire DN17 2BW
- Incorporated
- 06/08/1973
Company snapshot
- Status
- Active
- Employees
- 48 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £445.16K
Total Assets
2024: £3.21M
Cash in Bank
2024: £28.43K
Total Liabilities
2024: £1.71M
Employees
2024: 46
In 2025, S. SPAVIN LIMITED reported net assets of £408.90K. The same filing shows total assets of £3.79M, cash in bank of £31.60K and total liabilities of £2.21M. Reported headcount was 48 in 2025. Total Assets rose from £3.21M in 2024 to £3.79M in 2025 (18.00%). Okredo holds filed figures for 2021–2025; 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
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures S. SPAVIN LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+1.8% a year compound (CAGR)
Cash in Bank
+249% a year compound (CAGR)
Total Assets
+4% a year compound (CAGR)
Total Liabilities
+6.5% a year compound (CAGR)
Employees
Biggest increase
Cash in Bank+1115%
£2.60K in 2023 to £31.60K in 2025
Every indicator Okredo holds for S. SPAVIN LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from S. SPAVIN 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
- 10.80%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
- 58.25%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
- 1.43%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
- 0.83%2025
- 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. SPAVIN LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 258.25K | 279.72K | 394.45K | 445.16K | 408.90K |
| Total Assets£ | 2.80M | 3.09M | 3.50M | 3.21M | 3.79M |
| Cash in Bank£ | 131.02K | 141.00K | 2.60K | 28.43K | 31.60K |
| Total Liabilities£ | 1.78M | 1.92M | 1.94M | 1.71M | 2.21M |
| Employees | 35 | 42 | 42 | 46 | 48 |
S. SPAVIN LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for S. SPAVIN LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
S. SPAVIN LIMITED reported net assets of £408.90K for 2025. That compares with £445.16K in 2024, a change of -8.15%.
S. SPAVIN LIMITED reported total assets of £3.79M for 2025. That compares with £3.21M in 2024, a change of 18.00%.
S. SPAVIN LIMITED reported cash in bank of £31.60K for 2025. That compares with £28.43K in 2024, a change of 11.15%.
S. SPAVIN LIMITED reported 48 employees in 2025, compared with 46 in 2024.
Between 2023 and 2025, S. SPAVIN LIMITED's net assets rose by 3.7%, cash in bank rose by 1115%, total assets rose by 8.1% and total liabilities rose by 13.5%. Net assets compounded at 1.8% a year across the two years to 2025, from £394.45K to £408.90K. Reported headcount went from 42 in 2023 to 48 in 2025 (+6).
Okredo holds reported figures for the years 2021, 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.