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SPECTRUM PEOPLE Financials

Company number
08400970Copy
Copy
Registered office
1 Navigation Walk, Wakefield, West Yorkshire WF1 5RH
Incorporated
13/02/2013

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£179.38K2024
20.07%vs 2023

2023: £149.39K

Total Assets

£199.31K2024
16.66%vs 2023

2023: £170.84K

Cash in Bank

£195.73K2024
26.05%vs 2023

2023: £155.28K

Total Liabilities

£19.93K2024
-7.10%vs 2023

2023: £21.45K

Employees

72024
-1vs 2023

2023: 8

In 2024, SPECTRUM PEOPLE reported net assets of £179.38K. The same filing shows total assets of £199.31K, cash in bank of £195.73K and total liabilities of £19.93K. Reported headcount was 7 in 2024. Cash in Bank rose from £155.28K in 2023 to £195.73K in 2024 (26.05%). 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

£179.38K2024
20.07%from £149.39K 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 SPECTRUM PEOPLE filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£142.43K2022£179.38K2024
+25.9%vs 2022

+12.2% a year compound (CAGR)

Cash in Bank

£247.52K2022£195.73K2024
-20.9%vs 2022

-11.1% a year compound (CAGR)

Total Assets

£258.28K2022£199.31K2024
-22.8%vs 2022

-12.2% a year compound (CAGR)

Total Liabilities

£115.85K2022£19.93K2024
-82.8%vs 2022

-58.5% a year compound (CAGR)

Employees

9202272024
-22.2%vs 2022-2

Biggest increase

Net Assets+25.9%

£142.43K in 2022 to £179.38K in 2024

Biggest decrease

Total Liabilities-82.8%

£115.85K in 2022 to £19.93K in 2024

SPECTRUM PEOPLE's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPECTRUM PEOPLE'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
90.00%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
10.00%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.
Cash to liabilities
982.33%2024
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
98.21%2024
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 SPECTRUM PEOPLE by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£180.87K142.43K149.39K179.38K
Total Assets£216.64K258.28K170.84K199.31K
Cash in Bank£176.08K247.52K155.28K195.73K
Total Liabilities£35.77K115.85K21.45K19.93K
Employees4987

SPECTRUM PEOPLE financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPECTRUM PEOPLE covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SPECTRUM PEOPLE reported net assets of £179.38K for 2024. That compares with £149.39K in 2023, a change of 20.07%.

SPECTRUM PEOPLE reported total assets of £199.31K for 2024. That compares with £170.84K in 2023, a change of 16.66%.

SPECTRUM PEOPLE reported cash in bank of £195.73K for 2024. That compares with £155.28K in 2023, a change of 26.05%.

SPECTRUM PEOPLE reported 7 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, SPECTRUM PEOPLE's net assets rose by 25.9%, cash in bank fell by 20.9%, total assets fell by 22.8% and total liabilities fell by 82.8%. Net assets compounded at 12.2% a year across the two years to 2024, from £142.43K to £179.38K. Reported headcount went from 9 in 2022 to 7 in 2024 (-2).

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.