SPIRO-GILLS THERMAL PRODUCTS LTD Financials
- Company number
- 10349918CopyCopy
- Registered office
- Unit 5 St. Albans Road Industrial Estate, Stafford ST16 3DR
- Incorporated
- 27/08/2016
Company snapshot
- Status
- Active
- Employees
- 27 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
80.88%vs 20232023: £-849.87K
Total Assets
-21.26%vs 20232023: £1.85M
Cash in Bank
-71.95%vs 20232023: £281.59K
Total Liabilities
-40.94%vs 20232023: £2.61M
Employees
+2vs 20232023: 25
In 2024, SPIRO-GILLS THERMAL PRODUCTS LTD reported net assets of £-162.46K. The same filing shows total assets of £1.46M, cash in bank of £78.99K and total liabilities of £1.54M. Reported headcount was 27 in 2024. Total Liabilities fell from £2.61M in 2023 to £1.54M in 2024 (-40.94%). 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
80.88%from £-849.87K 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 SPIRO-GILLS THERMAL PRODUCTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-40.8%vs 2022-23.1% a year compound (CAGR)
Total Assets
-21%vs 2022-11.1% a year compound (CAGR)
Total Liabilities
-41.3%vs 2022-23.4% a year compound (CAGR)
Employees
+3.8%vs 2022+1Biggest increase
Employees+3.8%
26 in 2022 to 27 in 2024
Biggest decrease
Total Liabilities-41.3%
£2.63M in 2022 to £1.54M in 2024
SPIRO-GILLS THERMAL PRODUCTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 SPIRO-GILLS THERMAL PRODUCTS LTD'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
- -11.13%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
- 105.72%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
- 5.12%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
- 5.41%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 SPIRO-GILLS THERMAL PRODUCTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -811.64K | -779.87K | -849.87K | -162.46K |
| Total Assets£ | 1.55M | 1.85M | 1.85M | 1.46M |
| Cash in Bank£ | 175.89K | 133.48K | 281.59K | 78.99K |
| Total Liabilities£ | 2.22M | 2.63M | 2.61M | 1.54M |
| Employees | 29 | 26 | 25 | 27 |
SPIRO-GILLS THERMAL PRODUCTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPIRO-GILLS THERMAL PRODUCTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPIRO-GILLS THERMAL PRODUCTS LTD reported net assets of £-162.46K for 2024. That compares with £-849.87K in 2023, a change of 80.88%.
SPIRO-GILLS THERMAL PRODUCTS LTD reported total assets of £1.46M for 2024. That compares with £1.85M in 2023, a change of -21.26%.
SPIRO-GILLS THERMAL PRODUCTS LTD reported cash in bank of £78.99K for 2024. That compares with £281.59K in 2023, a change of -71.95%.
SPIRO-GILLS THERMAL PRODUCTS LTD reported 27 employees in 2024, compared with 25 in 2023.
Between 2022 and 2024, SPIRO-GILLS THERMAL PRODUCTS LTD's cash in bank fell by 40.8%, total assets fell by 21%, total liabilities fell by 41.3% and employee numbers rose by 3.8%. Cash in bank contracted at 23.1% a year across the two years to 2024, from £133.48K to £78.99K. Reported headcount went from 26 in 2022 to 27 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.