Spiers & Hartwell Limited
Registered name: SPIERS & HARTWELL LIMITED
Part of Spiers & Hartwell Holdings Limited groupSpiers & Hartwell Limited made £14.3m revenue and £599k profit in the year to 28 Feb 2025.
Spiers & Hartwell Limited’s revenue fell 2% to £14.3m in the year to 28 Feb 2025, with £599k profit and 126 employees. The company is classified under “freight transport by road” and is based in Evesham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Evesham, West Midlands
- Age
- 54 yrs · since 1972
- 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. From the filing: “Spiers & Hartwell Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15m | £14.6m | £14.3m |
| Cost of sales | £13m | £12.3m | £11.9m |
| Gross profit | £2m | £2.3m | £2.3m |
| Profit before tax | £954k | £797k | £842k |
| Profit after tax | £848k | £556k | £599k |
| Profit (best available) | £848k | £556k | £599k |
| Staff costs | £5.8m | £5.9m | £5.9m |
| Employees (average) | 137 | 130 | 126 |
| Ratios | |||
| Profit margin | 5.7% | 3.8% | 4.2% |
| Gross margin | 13.3% | 15.9% | 16.4% |
| Revenue per employee | £109k | £112k | £113k |
| Profit per employee | £6.2k | £4.3k | £4.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.3% | ▼2.3% |
| Profit growth | — | ▼34.4% | ▲7.7% |
| Headcount growth | — | ▼5.1% | ▼3.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.3m | £678k | £931k |
| Net assets | £10.2m | £10.8m | £10.8m |
| Fixed assets | £10.8m | £11.4m | £10.2m |
| Current assets | £5.4m | £5.1m | £5m |
| Debtors | £2.2m | £2m | £2m |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 16.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £113k
- Revenue ÷ average employees.
- Profit per employee
- £4.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 71.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▲0%
- Now £10.8m
- Cash at bank
- ▲37%
- Now £931k
- Headcount
- ▼3%
- Now 126
- Deferred income
- —
- Now —
- Fixed assets
- ▼10%
- Now £10.2m
Group structure
Ownership chain
- Spiers & Hartwell Holdings Limitedultimate parent75–100%
- Spiers & Hartwell Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Spencer Commercial Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £599k), from the Companies House accounts bulk data published Aug 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.