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SPIRE PLATFORM SOLUTIONS LIMITED Financials

Company number
11401397Copy
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Registered office
Enterprise House, Bancroft Road, Reigate, Surrey RH2 7RP
Incorporated
06/06/2018

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£-3.30M2024
-16.58%vs 2023

2023: £-2.83M

Total Assets

£410.16K2024
16.89%vs 2023

2023: £350.91K

Cash in Bank

£77.41K2024
34.15%vs 2023

2023: £57.70K

Total Liabilities

£3.71M2024
16.62%vs 2023

2023: £3.18M

Employees

52024
-1vs 2023

2023: 6

In 2024, SPIRE PLATFORM SOLUTIONS LIMITED reported net assets of £-3.30M. The same filing shows total assets of £410.16K, cash in bank of £77.41K and total liabilities of £3.71M. Reported headcount was 5 in 2024. Total Liabilities rose from £3.18M in 2023 to £3.71M in 2024 (16.62%). 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

£-3.30M2024
-16.58%from £-2.83M 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 SPIRE PLATFORM SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-2.26M2022£-3.30M2024
Decreasedvs 2022

Cash in Bank

£110.87K2022£77.41K2024
-30.2%vs 2022

-16.4% a year compound (CAGR)

Total Assets

£445.29K2022£410.16K2024
-7.9%vs 2022

-4% a year compound (CAGR)

Total Liabilities

£2.71M2022£3.71M2024
+37%vs 2022

+17.1% a year compound (CAGR)

Employees

6202252024
-16.7%vs 2022-1

Biggest increase

Total Liabilities+37%

£2.71M in 2022 to £3.71M in 2024

Biggest decrease

Cash in Bank-30.2%

£110.87K in 2022 to £77.41K in 2024

SPIRE PLATFORM SOLUTIONS 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPIRE PLATFORM 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
-804.02%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
904.02%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
2.09%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
18.87%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Revenue per employee
£59.75K2024

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 SPIRE PLATFORM SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-1.69M-2.26M-2.83M-3.30M
Total Assets£690.50K445.29K350.91K410.16K
Cash in Bank£202.77K110.87K57.70K77.41K
Total Liabilities£2.38M2.71M3.18M3.71M
Employees6665

SPIRE PLATFORM SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SPIRE PLATFORM SOLUTIONS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for SPIRE PLATFORM SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did SPIRE PLATFORM SOLUTIONS LIMITED report in 2024?

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SPIRE PLATFORM SOLUTIONS LIMITED reported net assets of £-3.30M for 2024. That compares with £-2.83M in 2023, a change of -16.58%.

What total assets did SPIRE PLATFORM SOLUTIONS LIMITED report in 2024?

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SPIRE PLATFORM SOLUTIONS LIMITED reported total assets of £410.16K for 2024. That compares with £350.91K in 2023, a change of 16.89%.

What cash in bank did SPIRE PLATFORM SOLUTIONS LIMITED report in 2024?

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SPIRE PLATFORM SOLUTIONS LIMITED reported cash in bank of £77.41K for 2024. That compares with £57.70K in 2023, a change of 34.15%.

How many people does SPIRE PLATFORM SOLUTIONS LIMITED employ?

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SPIRE PLATFORM SOLUTIONS LIMITED reported 5 employees in 2024, compared with 6 in 2023.

How have SPIRE PLATFORM SOLUTIONS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, SPIRE PLATFORM SOLUTIONS LIMITED's cash in bank fell by 30.2%, total assets fell by 7.9%, total liabilities rose by 37% and employee numbers fell by 16.7%. Cash in bank contracted at 16.4% a year across the two years to 2024, from £110.87K to £77.41K. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).

Which years of SPIRE PLATFORM SOLUTIONS LIMITED financial data are available?

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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.