How much does Spectec Ltd make?

Spectec Ltd reported revenue of £4.7m and a loss of £81.7k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Spectec Ltd have?

Spectec Ltd reported an average of 28 employees in the year to 31 Dec 2024.

Is Spectec Ltd profitable?

No — Spectec Ltd reported a loss of £81.7k in the year to 31 Dec 2024.

Company No. 02371124 · Incorporated 12 Apr 1989

Spectec Ltd

Registered name: SPECTEC LTD

Part of Constellaton Software Inc group

Spectec Ltd made £4.7m revenue and a £81.7k loss in the year to 31 Dec 2024.

Spectec Ltd’s revenue fell 9% to £4.7m in the year to 31 Dec 2024, with a loss of £81.7k and 28 employees. The company is classified under “other information technology service activities” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Manchester, North West
Age: 37 yrs · since 1989
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

Capital-light

Revenue

£4.7m

Growth ▼9.1%

Profit

−£81.7k

Growth ▼170.9%

Profit margin

−1.7%

Gross 68.9%

Employees

Change ▼33.3%

Profit / employee

−£2.9k

Revenue/employee £168k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5m	£5.5m	£5.2m	£4.7m
Cost of sales	£1.3m	£1.5m	£1.8m	£1.5m
Gross profit	£3.8m	£4m	£3.4m	£3.2m
Operating profit	−£222k	£279k	£171k	−£58.6k
Profit before tax	−£227k	£274k	£166k	−£62k
Profit after tax	−£213k	£208k	£115k	−£81.7k
Profit (best available)	−£213k	£208k	£115k	−£81.7k
Staff costs	£3.1m	£2.5m	£2.1m	£2m
Employees (average)	38	46	42	28
Ratios
Profit margin	−4.3%	3.8%	2.2%	−1.7%
Gross margin	75%	72.5%	65.6%	68.9%
Revenue per employee	£132k	£120k	£123k	£168k
Profit per employee	−£5.6k	£4.5k	£2.7k	−£2.9k
Growth (year on year)
Revenue growth	—	▲9.8%	▼6%	▼9.1%
Profit growth	—	—	▼44.5%	▼170.9%
Headcount growth	—	▲21.1%	▼8.7%	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£170k	£9.9k	£162k	£60.5k
Net assets	−£1.2m	−£1m	−£901k	−£983k
Fixed assets	£702k	£555k	£427k	£298k
Current assets	£1.5m	£742k	£1.3m	£1.4m
Debtors	£622k	£447k	£672k	£638k
Deferred income	£1.8m	£1.2m	£1.6m	£1.9m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −1.7%; Profit ÷ revenue.
Gross margin: 68.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £168k; Revenue ÷ average employees.
Profit per employee: −£2.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 39.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.6%; 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 −£983k
Cash at bank: ▼63%; Now £60.5k
Headcount: ▼33%; Now 28
Deferred income: ▲18%; Now £1.9m
Fixed assets: ▼30%; Now £298k

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

Constellaton Software Inc (registered outside the UK register)ultimate parent75–100%
Spectec Ltdthis 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£81.7k), from the Companies House accounts bulk data published Dec 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.