SP Equine Group Ltd
Registered name: SP EQUINE GROUP LTD
SP Equine Group Ltd made £3.8k revenue and a £120k loss in the year to 31 Dec 2024.
SP Equine Group Ltd’s revenue fell 76% to £3.8k in the year to 31 Dec 2024, with a loss of £120k and 0 employees. The company is classified under “raising of horses and other equines” and is based in Reading; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 3 yrs · since 2022
- 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £15.7k | £3.8k |
| Cost of sales | £138k | £93.2k |
| Gross profit | −£122k | −£89.4k |
| Operating profit | −£133k | −£120k |
| Profit before tax | −£133k | −£120k |
| Profit after tax | −£133k | −£120k |
| Profit (best available) | −£133k | −£120k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −846.5% | −3176% |
| Gross margin | −779.9% | −2361% |
| Growth (year on year) | ||
| Revenue growth | — | ▼75.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £103k | £181k |
| Fixed assets | £63.9k | £181k |
| Current assets | £39.3k | — |
| Debtors | £39.3k | — |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −3176%
- Profit ÷ revenue.
- Gross margin
- −2361%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4783%
- 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
- ▲76%
- Now £181k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▲183%
- Now £181k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£120k), 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.