SP Ne Ltd
Registered name: SP NE LTD
SP Ne Ltd made £2m revenue and £38.1k profit in the year to 30 Sep 2025.
SP Ne Ltd’s revenue grew 1% to £2m in the year to 30 Sep 2025, with £38.1k profit and 11 employees. The company is classified under “retail trade of motor vehicle parts and accessories” and is based in Middlesbrough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Middlesbrough, North East
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £2m | £2m |
| Cost of sales | — | — | £1.6m | £1.5m |
| Gross profit | — | — | £397k | £434k |
| Operating profit | — | — | £39.2k | £73.8k |
| Profit before tax | — | — | £23k | £56.2k |
| Profit after tax | — | — | £17k | £38.1k |
| Profit (best available) | — | — | £17k | £38.1k |
| Employees (average) | 14 | 16 | 12 | 11 |
| Ratios | ||||
| Profit margin | — | — | 0.9% | 1.9% |
| Gross margin | — | — | 20.3% | 22% |
| Revenue per employee | — | — | £163k | £179k |
| Profit per employee | — | — | £1.4k | £3.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲0.6% |
| Profit growth | — | — | — | ▲123.5% |
| Headcount growth | — | ▲14.3% | ▼25% | ▼8.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £67.5k | £258k | £141k | £26.5k |
| Net assets | £113k | £89.5k | £101k | £114k |
| Fixed assets | £62.5k | £56.5k | £173k | £218k |
| Current assets | £178k | £408k | £218k | £192k |
| Debtors | £15k | £1.5k | £5.7k | £59.9k |
| Deferred income | £3.2k | £2.1k | £0 | £1.1k |
| Source | FilletedAccounts · bulk data Jun 2024 | FilletedAccounts · bulk data Jun 2024 | FilletedAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- 22%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £179k
- Revenue ÷ average employees.
- Profit per employee
- £3.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3%
- 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
- ▲12%
- Now £114k
- Cash at bank
- ▼81%
- Now £26.5k
- Headcount
- ▼8%
- Now 11
- Deferred income
- —
- Now £1.1k
- Fixed assets
- ▲26%
- Now £218k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Motocard Bike SL UK Branch LimitedBrentford · Retail trade of motor vehicle parts and accessories
- Revenue
- £1.5m
- Profit
- £278k
- Staff
- 0
- Trade Tyres (Blackburn) LimitedBlackburn · Retail trade of motor vehicle parts and accessories
- Revenue
- £856k
- Profit
- £30k
- Staff
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- VBG Group Sales LimitedWarrington · Retail trade of motor vehicle parts and accessories
- Revenue
- £5m
- Profit
- £207k
- Staff
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- A.p.s. Auto Parts LtdCrossmaglen · Retail trade of motor vehicle parts and accessories
- Revenue
- £729k
- Profit
- £64.4k
- Staff
- 8
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £38.1k), from the Companies House accounts bulk data published Jun 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.