How much does Specac Limited make?

Specac Limited reported revenue of £12.1m and £705k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Specac Limited have?

Specac Limited reported an average of 76 employees in the year to 31 Dec 2024.

Is Specac Limited profitable?

Yes — Specac Limited reported a profit of £705k in the year to 31 Dec 2024.

Company No. 01008689 · Incorporated 22 Apr 1971

Specac Limited

Registered name: SPECAC LIMITED

Part of Specac Holdco Limited group

Specac Limited made £12.1m revenue and £705k profit in the year to 31 Dec 2024.

Specac Limited’s revenue was £12.1m in the year to 31 Dec 2024, with £705k profit and 76 employees. The company is classified under “manufacture of electronic measuring, testing etc. equipment, not for industrial process control” and is based in Orpington; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26511Manufacture of electronic measuring, testing etc. equipment, not for industrial process control

Status: Active
Location: Orpington, London
Age: 55 yrs · since 1971
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£12.1m

Growth —

Profit

£705k

Growth —

Profit margin

5.8%

Gross 45.5%

Employees

Change —

Profit / employee

£9.3k

Revenue/employee £160k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15m	£14.3m	£12.1m
Cost of sales	£8.1m	£8.2m	£6.6m
Gross profit	£6.8m	£6.1m	£5.5m
Operating profit	£2.4m	£2.2m	£643k
Profit before tax	£2.4m	£2.3m	£648k
Profit after tax	£2m	£2.2m	£705k
Profit (best available)	£2m	£2.2m	£705k
Staff costs	£4.1m	£4m	£3.5m
Employees (average)	81	77	76
Ratios
Profit margin	13.3%	15.5%	5.8%
Gross margin	45.8%	42.8%	45.5%
Revenue per employee	£185k	£186k	£160k
Profit per employee	£24.5k	£28.8k	£9.3k
Growth (year on year)
Revenue growth	—	▼4.3%	—
Profit growth	—	▲11.7%	—
Headcount growth	—	▼4.9%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£3.8m	£2.9m	£2.4m
Net assets	£9.7m	£14.9m	£15.6m
Fixed assets	£1.7m	£4.5m	£4.4m
Current assets	£10.9m	£14.8m	£15.2m
Debtors	£1.2m	£1.4m	£1.7m
Deferred income	£1.4m	£928k	£943k
Source	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 5.8%; Profit ÷ revenue.
Gross margin: 45.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £160k; Revenue ÷ average employees.
Profit per employee: £9.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 36.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £15.6m
Cash at bank: —; Now £2.4m
Headcount: —; Now 76
Deferred income: —; Now £943k
Fixed assets: —; Now £4.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Specac Holdco Limitedultimate parent75–100%
Specac International Limited75–100%
Specac Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £705k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.