SPECMAT LIMITED Financials
- Company number
- 01362065Copy
Copy - Registered office
- Street Court, Kingsland, Leominster, Herefordshire HR6 9QA
- Incorporated
- 07/04/1978
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-3.98%vs 20242024: £6.20M
Total Assets
24.61%vs 20242024: £20.02M
Cash in Bank
-67.09%vs 20242024: £169.68K
Total Liabilities
37.44%vs 20242024: £13.80M
Employees
0vs 20242024: 3
In 2025, SPECMAT LIMITED reported net assets of £5.96M. The same filing shows total assets of £24.95M, cash in bank of £55.84K and total liabilities of £18.96M. Reported headcount was 3 in 2025. Total Liabilities rose from £13.80M in 2024 to £18.96M in 2025 (37.44%). 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
-3.98%from £6.20M in 2024Year-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 SPECMAT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-10.2%vs 2023-5.3% a year compound (CAGR)
Cash in Bank
+45.1%vs 2023+20.4% a year compound (CAGR)
Total Assets
+31.3%vs 2023+14.6% a year compound (CAGR)
Total Liabilities
+53.7%vs 2023+24% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+53.7%
£12.34M in 2023 to £18.96M in 2025
Biggest decrease
Net Assets-10.2%
£6.64M in 2023 to £5.96M in 2025
SPECMAT LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 SPECMAT 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
- 23.88%2025
- Liabilities to total assets
- 76.01%2025
- Cash to liabilities
- 0.29%2025
- Cash to total assets
- 0.22%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.
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 SPECMAT 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£ | 7.25M | 7.07M | 6.64M | 6.20M | 5.96M |
| Total Assets£ | 13.31M | 17.39M | 19.00M | 20.02M | 24.95M |
| Cash in Bank£ | 66.45K | 58.08K | 38.50K | 169.68K | 55.84K |
| Total Liabilities£ | 6.05M | 10.29M | 12.34M | 13.80M | 18.96M |
| Employees | 3 | 3 | 3 | 3 | 3 |
SPECMAT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SPECMAT LIMITED filed financial statements?
Yes. Okredo holds filed figures for SPECMAT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did SPECMAT LIMITED report in 2025?
SPECMAT LIMITED reported net assets of £5.96M for 2025. That compares with £6.20M in 2024, a change of -3.98%.
What total assets did SPECMAT LIMITED report in 2025?
SPECMAT LIMITED reported total assets of £24.95M for 2025. That compares with £20.02M in 2024, a change of 24.61%.
What cash in bank did SPECMAT LIMITED report in 2025?
SPECMAT LIMITED reported cash in bank of £55.84K for 2025. That compares with £169.68K in 2024, a change of -67.09%.
How many people does SPECMAT LIMITED employ?
SPECMAT LIMITED reported 3 employees in 2025, compared with 3 in 2024.
How have SPECMAT LIMITED financials changed over the last 3 years?
Between 2023 and 2025, SPECMAT LIMITED's net assets fell by 10.2%, cash in bank rose by 45.1%, total assets rose by 31.3% and total liabilities rose by 53.7%. Net assets contracted at 5.3% a year across the two years to 2025, from £6.64M to £5.96M. Reported headcount went from 3 in 2023 to 3 in 2025.
Which years of SPECMAT LIMITED financial data are available?
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.