SPECTRA PACKAGING SOLUTIONS LIMITED Financials
- Company number
- 06323869CopyCopy
- Registered office
- Antonine Way Sparrowhawk Road, Holton, Halesworth, Suffolk IP19 8RX
- Incorporated
- 25/07/2007
Company snapshot
- Status
- Active
- Employees
- 176 (2023)
- Latest financial data
- 2023
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
8.21%vs 20222022: £2.28M
Total Assets
0.31%vs 20222022: £10.44M
Cash in Bank
-12.96%vs 20222022: £1.78M
Total Liabilities
-1.90%vs 20222022: £8.16M
Employees
-16vs 20222022: 192
In 2023, SPECTRA PACKAGING SOLUTIONS LIMITED reported net assets of £2.47M. The same filing shows total assets of £10.48M, cash in bank of £1.55M and total liabilities of £8.00M. Reported headcount was 176 in 2023. Cash in Bank fell from £1.78M in 2022 to £1.55M in 2023 (-12.96%). Okredo holds filed figures for 2021–2023; 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
8.21%from £2.28M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SPECTRA PACKAGING SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-2.8%vs 2021-1.4% a year compound (CAGR)
Cash in Bank
-17.6%vs 2021-9.2% a year compound (CAGR)
Total Assets
-7.8%vs 2021-4% a year compound (CAGR)
Total Liabilities
-9.3%vs 2021-4.8% a year compound (CAGR)
Employees
-10.2%vs 2021-20Biggest decrease
Cash in Bank-17.6%
£1.88M in 2021 to £1.55M in 2023
Every indicator Okredo holds for SPECTRA PACKAGING SOLUTIONS LIMITED fell between 2021 and 2023. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPECTRA PACKAGING SOLUTIONS 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
- 23.59%2023
- 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
- 76.41%2023
- 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
- 19.37%2023
- 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
- 14.80%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £98.26K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SPECTRA PACKAGING SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.54M | 2.28M | 2.47M |
| Total Assets£ | 11.37M | 10.44M | 10.48M |
| Cash in Bank£ | 1.88M | 1.78M | 1.55M |
| Total Liabilities£ | 8.82M | 8.16M | 8.00M |
| Employees | 196 | 192 | 176 |
SPECTRA PACKAGING SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPECTRA PACKAGING SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SPECTRA PACKAGING SOLUTIONS LIMITED reported net assets of £2.47M for 2023. That compares with £2.28M in 2022, a change of 8.21%.
SPECTRA PACKAGING SOLUTIONS LIMITED reported total assets of £10.48M for 2023. That compares with £10.44M in 2022, a change of 0.31%.
SPECTRA PACKAGING SOLUTIONS LIMITED reported cash in bank of £1.55M for 2023. That compares with £1.78M in 2022, a change of -12.96%.
SPECTRA PACKAGING SOLUTIONS LIMITED reported 176 employees in 2023, compared with 192 in 2022.
Between 2021 and 2023, SPECTRA PACKAGING SOLUTIONS LIMITED's net assets fell by 2.8%, cash in bank fell by 17.6%, total assets fell by 7.8% and total liabilities fell by 9.3%. Net assets contracted at 1.4% a year across the two years to 2023, from £2.54M to £2.47M. Reported headcount went from 196 in 2021 to 176 in 2023 (-20).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.