SPENCE CRANE HIRE LIMITED Financials
- Company number
- 05544914CopyCopy
- Industry
- Renting and leasing of other machinery equipment and tangible goods n.e.c. (77.39 - SIC 2007)
- Registered office
- The Mill, Kingsteingnton Road, Newton Abbot, Devon TQ12 2QA
- Incorporated
- 24/08/2005
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
14.37%vs 20242024: £3.78M
Total Assets
32.94%vs 20242024: £4.12M
Cash in Bank
37.81%vs 20242024: £1.38M
Total Liabilities
240.54%vs 20242024: £337.93K
Employees
+2vs 20242024: 16
In 2025, SPENCE CRANE HIRE LIMITED reported net assets of £4.32M. The same filing shows total assets of £5.47M, cash in bank of £1.90M and total liabilities of £1.15M. Reported headcount was 18 in 2025. Total Assets rose from £4.12M in 2024 to £5.47M in 2025 (32.94%). 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
14.37%from £3.78M 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 SPENCE CRANE HIRE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+38.9%vs 2023+17.9% a year compound (CAGR)
Cash in Bank
+53.2%vs 2023+23.8% a year compound (CAGR)
Total Assets
+33.1%vs 2023+15.4% a year compound (CAGR)
Total Liabilities
+15.2%vs 2023+7.3% a year compound (CAGR)
Employees
+20%vs 2023+3Biggest increase
Cash in Bank+53.2%
£1.24M in 2023 to £1.90M in 2025
Every indicator Okredo holds for SPENCE CRANE HIRE LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPENCE CRANE HIRE 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
- 78.96%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
- 21.04%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.
- Cash to liabilities
- 164.76%2025
- 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
- 34.66%2025
- 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 SPENCE CRANE HIRE 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£ | 2.20M | 2.53M | 3.11M | 3.78M | 4.32M |
| Total Assets£ | 2.85M | – | 4.11M | 4.12M | 5.47M |
| Cash in Bank£ | 1.45M | 1.16M | 1.24M | 1.38M | 1.90M |
| Total Liabilities£ | 642.72K | – | 999.35K | 337.93K | 1.15M |
| Employees | 13 | 15 | 15 | 16 | 18 |
SPENCE CRANE HIRE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPENCE CRANE HIRE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SPENCE CRANE HIRE LIMITED reported net assets of £4.32M for 2025. That compares with £3.78M in 2024, a change of 14.37%.
SPENCE CRANE HIRE LIMITED reported total assets of £5.47M for 2025. That compares with £4.12M in 2024, a change of 32.94%.
SPENCE CRANE HIRE LIMITED reported cash in bank of £1.90M for 2025. That compares with £1.38M in 2024, a change of 37.81%.
SPENCE CRANE HIRE LIMITED reported 18 employees in 2025, compared with 16 in 2024.
Between 2023 and 2025, SPENCE CRANE HIRE LIMITED's net assets rose by 38.9%, cash in bank rose by 53.2%, total assets rose by 33.1% and total liabilities rose by 15.2%. Net assets compounded at 17.9% a year across the two years to 2025, from £3.11M to £4.32M. Reported headcount went from 15 in 2023 to 18 in 2025 (+3).
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.