Active

SPECSTIMATE LIMITED Financials

Company number
11121219Copy
Copy
Registered office
Next Level Business, 90a High Street, Berkhamsted HP4 2BL
Incorporated
21/12/2017

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-1.26K2024
98.78%vs 2023

2023: £-102.72K

Total Assets

£6.17K2024
-91.97%vs 2023

2023: £76.83K

Total Liabilities

£7.43K2024
-95.86%vs 2023

2023: £179.54K

Employees

32024
0vs 2023

2023: 3

In 2024, SPECSTIMATE LIMITED reported net assets of £-1.26K. The same filing shows total assets of £6.17K and total liabilities of £7.43K. Reported headcount was 3 in 2024. Total Liabilities fell from £179.54K in 2023 to £7.43K in 2024 (-95.86%). 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

£-1.26K2024
98.78%from £-102.72K in 2023

Year-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 SPECSTIMATE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£19.55K2022£-1.26K2024
-106%vs 2022

Total Assets

£24.07K2022£6.17K2024
-74.4%vs 2022

-49.4% a year compound (CAGR)

Total Liabilities

£4.53K2022£7.43K2024
+64.1%vs 2022

+28.1% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Total Liabilities+64.1%

£4.53K in 2022 to £7.43K in 2024

Biggest decrease

Net Assets-106%

£19.55K in 2022 to £-1.26K in 2024

SPECSTIMATE LIMITED's filings pull in both directions between 2022 and 2024. 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 SPECSTIMATE 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
-20.39%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
120.39%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SPECSTIMATE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£124.59K19.55K-102.72K-1.26K
Total Assets£126.97K24.07K76.83K6.17K
Cash in Bank£––––
Total Liabilities£2.38K4.53K179.54K7.43K
Employees3333

SPECSTIMATE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPECSTIMATE LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

SPECSTIMATE LIMITED reported net assets of £-1.26K for 2024. That compares with £-102.72K in 2023, a change of 98.78%.

SPECSTIMATE LIMITED reported total assets of £6.17K for 2024. That compares with £76.83K in 2023, a change of -91.97%.

SPECSTIMATE LIMITED reported total liabilities of £7.43K for 2024. That compares with £179.54K in 2023, a change of -95.86%.

SPECSTIMATE LIMITED reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, SPECSTIMATE LIMITED's net assets fell by 106%, total assets fell by 74.4%, total liabilities rose by 64.1% and employee numbers was unchanged. Total assets contracted at 49.4% a year across the two years to 2024, from £24.07K to £6.17K. Reported headcount went from 3 in 2022 to 3 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.