Spears Spares Limited
Registered name: SPEARS SPARES LIMITED
Spears Spares Limited made £0 revenue and a £118k loss in the year to 30 Apr 2025.
Spears Spares Limited’s revenue fell 100% to £0 in the year to 30 Apr 2025, with a loss of £118k and 1 employee. The company is classified under “manufacture of other fabricated metal products” and is based in Shrewsbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Shrewsbury, West Midlands
- Age
- 13 yrs · since 2013
- 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 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £8k | £0 |
| Cost of sales | — | £9.5k | £105k |
| Gross profit | — | −£1.5k | −£105k |
| Profit before tax | — | −£10.4k | −£119k |
| Profit after tax | — | −£10.4k | −£118k |
| Profit (best available) | — | −£10.4k | −£118k |
| Employees (average) | 2 | 0 | 1 |
| Ratios | |||
| Profit margin | — | −130% | — |
| Gross margin | — | −19.2% | — |
| Revenue per employee | — | — | £0 |
| Profit per employee | — | — | −£118k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼100% |
| Headcount growth | — | ▼100% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £62.5k | £34k | £4.9k |
| Net assets | −£57.4k | −£67.8k | −£186k |
| Fixed assets | £451 | £343 | £593 |
| Current assets | £67.9k | £34.7k | £8.9k |
| Debtors | £360 | £0 | £4k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£118k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now −£186k
- Cash at bank
- ▼85%
- Now £4.9k
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲73%
- Now £593
Similar profitable businesses
- Stovax Gazco LtdExeter · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Staff
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- Smith Brothers (Leicester) LimitedLeicester · Manufacture of other fabricated metal products n.e.c.
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- Thorlabs LimitedEly · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Mitek Industries LimitedWorcester · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £73.3m
- Profit
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- Uni-Trunk LimitedLisburn · Manufacture of other fabricated metal products n.e.c.
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- MB Aerospace LimitedGlasgow · Manufacture of other fabricated metal products n.e.c.
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£118k), from the Companies House accounts bulk data published Jan 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.