SPERRIN METAL PRODUCTS LIMITED Financials
- Company number
- NI005683CopyCopy
- Registered office
- Cahore Road, Draperstown, Draperstown, BT45 7AP
- Incorporated
- 05/09/1963
Company snapshot
- Status
- Active
- Employees
- 83 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
8.60%vs 20232023: £7.48M
Total Assets
-9.34%vs 20232023: £11.18M
Cash in Bank
-11.22%vs 20232023: £5.71M
Total Liabilities
-45.57%vs 20232023: £3.70M
Employees
-4vs 20232023: 87
In 2024, SPERRIN METAL PRODUCTS LIMITED reported net assets of £8.12M. The same filing shows total assets of £10.13M, cash in bank of £5.07M and total liabilities of £2.02M. Reported headcount was 83 in 2024. Total Liabilities fell from £3.70M in 2023 to £2.02M in 2024 (-45.57%). 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
8.60%from £7.48M in 2023Year-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 SPERRIN METAL PRODUCTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+23.4%vs 2022+11.1% a year compound (CAGR)
Cash in Bank
-4.2%vs 2022-2.1% a year compound (CAGR)
Total Assets
-11.3%vs 2022-5.8% a year compound (CAGR)
Total Liabilities
-58.5%vs 2022-35.5% a year compound (CAGR)
Employees
-1.2%vs 2022-1Biggest increase
Net Assets+23.4%
£6.58M in 2022 to £8.12M in 2024
Biggest decrease
Total Liabilities-58.5%
£4.85M in 2022 to £2.02M in 2024
SPERRIN METAL PRODUCTS LIMITED'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 SPERRIN METAL PRODUCTS 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
- 80.11%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
- 19.89%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
- 251.41%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
- 50.01%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £127.23K2024
- 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 SPERRIN METAL PRODUCTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 5.90M | 6.58M | 7.48M | 8.12M |
| Total Assets£ | 9.38M | 11.43M | 11.18M | 10.13M |
| Cash in Bank£ | 2.78M | 5.29M | 5.71M | 5.07M |
| Total Liabilities£ | 3.48M | 4.85M | 3.70M | 2.02M |
| Employees | 95 | 84 | 87 | 83 |
SPERRIN METAL PRODUCTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPERRIN METAL PRODUCTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPERRIN METAL PRODUCTS LIMITED reported net assets of £8.12M for 2024. That compares with £7.48M in 2023, a change of 8.60%.
SPERRIN METAL PRODUCTS LIMITED reported total assets of £10.13M for 2024. That compares with £11.18M in 2023, a change of -9.34%.
SPERRIN METAL PRODUCTS LIMITED reported cash in bank of £5.07M for 2024. That compares with £5.71M in 2023, a change of -11.22%.
SPERRIN METAL PRODUCTS LIMITED reported 83 employees in 2024, compared with 87 in 2023.
Between 2022 and 2024, SPERRIN METAL PRODUCTS LIMITED's net assets rose by 23.4%, cash in bank fell by 4.2%, total assets fell by 11.3% and total liabilities fell by 58.5%. Net assets compounded at 11.1% a year across the two years to 2024, from £6.58M to £8.12M. Reported headcount went from 84 in 2022 to 83 in 2024 (-1).
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.