SPECS EXPRESS LIMITED Financials
- Company number
- 03010408CopyCopy
- Registered office
- 163 King Street, Great Yarmouth, Norfolk NR30 2PA
- Incorporated
- 17/01/1995
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-77.16%vs 20242024: £-35.01K
Total Assets
-42.73%vs 20242024: £17.39K
Total Liabilities
37.37%vs 20242024: £52.40K
Employees
-2vs 20242024: 5
In 2025, SPECS EXPRESS LIMITED reported net assets of £-62.02K. The same filing shows total assets of £9.96K and total liabilities of £71.98K. Reported headcount was 3 in 2025. Net Assets fell from £-35.01K in 2024 to £-62.02K in 2025 (-77.16%). 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
-77.16%from £-35.01K 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 SPECS EXPRESS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Total Assets
-74.4%vs 2023-49.4% a year compound (CAGR)
Total Liabilities
+36.1%vs 2023+16.7% a year compound (CAGR)
Employees
-40%vs 2023-2Biggest increase
Total Liabilities+36.1%
£52.88K in 2023 to £71.98K in 2025
Biggest decrease
Total Assets-74.4%
£38.96K in 2023 to £9.96K in 2025
SPECS EXPRESS 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 total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPECS EXPRESS 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
- -622.59%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
- 722.59%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SPECS EXPRESS 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£ | 81.22K | 96.87K | -13.92K | -35.01K | -62.02K |
| Total Assets£ | 120.54K | 121.84K | 38.96K | 17.39K | 9.96K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 39.33K | 24.97K | 52.88K | 52.40K | 71.98K |
| Employees | 6 | 5 | 5 | 5 | 3 |
SPECS EXPRESS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPECS EXPRESS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
SPECS EXPRESS LIMITED reported net assets of £-62.02K for 2025. That compares with £-35.01K in 2024, a change of -77.16%.
SPECS EXPRESS LIMITED reported total assets of £9.96K for 2025. That compares with £17.39K in 2024, a change of -42.73%.
SPECS EXPRESS LIMITED reported total liabilities of £71.98K for 2025. That compares with £52.40K in 2024, a change of 37.37%.
SPECS EXPRESS LIMITED reported 3 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, SPECS EXPRESS LIMITED's total assets fell by 74.4%, total liabilities rose by 36.1% and employee numbers fell by 40%. Total assets contracted at 49.4% a year across the two years to 2025, from £38.96K to £9.96K. Reported headcount went from 5 in 2023 to 3 in 2025 (-2).
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.