Amspec Limited
Registered name: AMSPEC LIMITED
Amspec Limited made £17.3m revenue and £183k profit in the year to 31 Mar 2026. read from filing text
Amspec Limited’s revenue fell 34% to £17.3m in the year to 31 Mar 2026, with £183k profit and 86 employees. The company is classified under “other building completion and finishing” and is based in Wigan; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 24 yrs · since 2002
- 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: “The company is under the ultimate control of Mr A Maxwell by virtue of his controlling shareholding in the company.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £23.2m | £15.7m | £26.1m | £17.3m |
| Cost of sales | £20.1m | £13m | £22.5m | £14.1m |
| Gross profit | £3.2m | £2.8m | £3.6m | £3.2m |
| Operating profit | £914k | £390k | £622k | £284k |
| Profit before tax | £874k | £362k | £583k | £245k |
| Profit after tax | £679k | £265k | £428k | £183k |
| Profit (best available) | £679k | £265k | £428k | £183k |
| Staff costs | £3m | £2.9m | £3.5m | £3.9m |
| Employees (average) | 70 | 68 | 78 | 86 |
| Ratios | ||||
| Profit margin | 2.9% | 1.7% | 1.6% | 1.1% |
| Gross margin | 13.6% | 17.6% | 13.7% | 18.5% |
| Revenue per employee | £332k | £231k | £335k | £201k |
| Profit per employee | £9.7k | £3.9k | £5.5k | £2.1k |
| Cash conversion | −204.7% | 235% | −64.8% | −183.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼32.3% | ▲65.9% | ▼33.7% |
| Profit growth | — | ▼61% | ▲61.6% | ▼57.3% |
| Headcount growth | — | ▼2.9% | ▲14.7% | ▲10.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.1m | £1.5m | £1.2m | £1.1m |
| Net assets | £2.8m | £3m | £3.3m | £4m |
| Fixed assets | £1.4m | £1.6m | £2m | £2.7m |
| Current assets | £6.3m | £4m | £7.5m | £4.5m |
| Debtors | £3.1m | £2.3m | £6.3m | £3.3m |
| Deferred income | £244k | £93.9k | £22k | £89.1k |
| Cash from operations | −£1.9m | £917k | −£403k | −£521k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 18.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £201k
- Revenue ÷ average employees.
- Profit per employee
- £2.1k
- Profit ÷ average employees.
- Cash conversion
- −183.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.1%
- 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
- ▲21%
- Now £4m
- Cash at bank
- ▼2%
- Now £1.1m
- Headcount
- ▲10%
- Now 86
- Deferred income
- ▲306%
- Now £89.1k
- Fixed assets
- ▲36%
- Now £2.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Sherlock London LimitedLondon · Other building completion and finishing
- Revenue
- £17.5m
- Profit
- £296k
- Staff
- 45
- Link Contracting Services LimitedWigan · Other building completion and finishing
- Revenue
- £17.1m
- Profit
- £792k
- Staff
- 148
- Newsome LimitedElland, Halifax · Other building completion and finishing
- Revenue
- £17.6m
- Profit
- £816k
- Staff
- 66
- Acclaim Contracts LimitedWickford · Other building completion and finishing
- Revenue
- £17.6m
- Profit
- £1.5m
- Staff
- 37
- Service Ceilings LimitedDownham Market · Other building completion and finishing
- Revenue
- £17.7m
- Profit
- £1.3m
- Staff
- 62
- Dalcon LimitedPrestwick · Other building completion and finishing
- Revenue
- £17.8m
- Profit
- £1.7m
- Staff
- 96
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £183k), from the Companies House accounts bulk data published Aug 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.