Spherea Test & Services Ltd
Registered name: SPHEREA TEST & SERVICES LTD
Part of Rig (Number 2) Limited groupSpherea Test & Services Ltd made £3.7m revenue and £1.9k profit in the year to 31 Dec 2025.
Spherea Test & Services Ltd’s revenue grew 13% to £3.7m in the year to 31 Dec 2025, with £1.9k profit and 29 employees. The company is classified under “manufacture of other electrical equipment” and is based in Christchurch; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Christchurch, South West
- Age
- 25 yrs · since 2001
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £3.1m | £3.3m | £3.7m |
| Cost of sales | — | £2.6m | £2.7m | £2.8m |
| Gross profit | — | £416k | £571k | £904k |
| Operating profit | — | −£333k | −£359k | −£114k |
| Profit before tax | — | −£253k | −£273k | −£55.1k |
| Profit after tax | — | −£199k | −£168k | £1.9k |
| Profit (best available) | — | −£199k | −£168k | £1.9k |
| Staff costs | — | — | £1.9m | £1.6m |
| Employees (average) | 33 | 35 | 32 | 29 |
| Ratios | ||||
| Profit margin | — | −6.5% | −5.1% | 0.1% |
| Gross margin | — | 13.6% | 17.2% | 24.2% |
| Revenue per employee | — | £87.4k | £103k | £129k |
| Profit per employee | — | −£5.7k | −£5.2k | £65 |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲8.2% | ▲13% |
| Headcount growth | — | ▲6.1% | ▼8.6% | ▼9.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £596k | £231k | £675k | £692k |
| Net assets | £1.8m | £975k | £807k | £809k |
| Fixed assets | £717k | £386k | £315k | £309k |
| Current assets | £2.5m | £2.1m | £2m | £2.2m |
| Debtors | £904k | £1m | £780k | £875k |
| Deferred income | £547k | £338k | £550k | £778k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 24.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £129k
- Revenue ÷ average employees.
- Profit per employee
- £65
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 20.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.4%
- 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 £809k
- Cash at bank
- ▲3%
- Now £692k
- Headcount
- ▼9%
- Now 29
- Deferred income
- ▲41%
- Now £778k
- Fixed assets
- ▼2%
- Now £309k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Rig (Number 2) Limitedultimate parent75–100%
- Spherea Ltd75–100%
- Spherea Test & Services Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Spherea Technology LtdRev. £153k · Profit £0
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.9k), from the Companies House accounts bulk data published Sep 2026. 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.