SPARTAN PRECISION EQUIPMENT LIMITED Financials
- Company number
- 08304580Copy
Copy - Registered office
- Atlantic House, 8 Bell Lane, Uckfield, East Sussex TN22 1QL
- Incorporated
- 22/11/2012
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
13.74%vs 20232023: £599.51K
Total Assets
34.06%vs 20232023: £1.37M
Cash in Bank
59.55%vs 20232023: £264.71K
Total Liabilities
56.22%vs 20232023: £691.83K
Employees
+5vs 20232023: 20
In 2024, SPARTAN PRECISION EQUIPMENT LIMITED reported net assets of £681.90K. The same filing shows total assets of £1.83M, cash in bank of £422.34K and total liabilities of £1.08M. Reported headcount was 25 in 2024. Total Assets rose from £1.37M in 2023 to £1.83M in 2024 (34.06%). 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
13.74%from £599.51K 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 SPARTAN PRECISION EQUIPMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-1.2%vs 2022-0.6% a year compound (CAGR)
Cash in Bank
+142%vs 2022+55.4% a year compound (CAGR)
Total Assets
+45.2%vs 2022+20.5% a year compound (CAGR)
Total Liabilities
+123%vs 2022+49.3% a year compound (CAGR)
Employees
+25%vs 2022+5Biggest increase
Cash in Bank+142%
£174.78K in 2022 to £422.34K in 2024
Biggest decrease
Net Assets-1.2%
£690.49K in 2022 to £681.90K in 2024
SPARTAN PRECISION EQUIPMENT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPARTAN PRECISION EQUIPMENT 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
- 37.22%2024
- Liabilities to total assets
- 58.99%2024
- Cash to liabilities
- 39.08%2024
- Cash to total assets
- 23.05%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SPARTAN PRECISION EQUIPMENT 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£ | 648.50K | 690.49K | 599.51K | 681.90K |
| Total Assets£ | 1.26M | 1.26M | 1.37M | 1.83M |
| Cash in Bank£ | 236.44K | 174.78K | 264.71K | 422.34K |
| Total Liabilities£ | 497.46K | 485.12K | 691.83K | 1.08M |
| Employees | 13 | 20 | 20 | 25 |
SPARTAN PRECISION EQUIPMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SPARTAN PRECISION EQUIPMENT LIMITED filed financial statements?
Yes. Okredo holds filed figures for SPARTAN PRECISION EQUIPMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SPARTAN PRECISION EQUIPMENT LIMITED report in 2024?
SPARTAN PRECISION EQUIPMENT LIMITED reported net assets of £681.90K for 2024. That compares with £599.51K in 2023, a change of 13.74%.
What total assets did SPARTAN PRECISION EQUIPMENT LIMITED report in 2024?
SPARTAN PRECISION EQUIPMENT LIMITED reported total assets of £1.83M for 2024. That compares with £1.37M in 2023, a change of 34.06%.
What cash in bank did SPARTAN PRECISION EQUIPMENT LIMITED report in 2024?
SPARTAN PRECISION EQUIPMENT LIMITED reported cash in bank of £422.34K for 2024. That compares with £264.71K in 2023, a change of 59.55%.
How many people does SPARTAN PRECISION EQUIPMENT LIMITED employ?
SPARTAN PRECISION EQUIPMENT LIMITED reported 25 employees in 2024, compared with 20 in 2023.
How have SPARTAN PRECISION EQUIPMENT LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SPARTAN PRECISION EQUIPMENT LIMITED's net assets fell by 1.2%, cash in bank rose by 142%, total assets rose by 45.2% and total liabilities rose by 123%. Net assets contracted at 0.6% a year across the two years to 2024, from £690.49K to £681.90K. Reported headcount went from 20 in 2022 to 25 in 2024 (+5).
Which years of SPARTAN PRECISION EQUIPMENT LIMITED financial data are available?
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.