Spe Energy Limited
Registered name: SPE ENERGY LIMITED
Spe Energy Limited made £1.7m revenue and a £257k loss in the year to 31 Dec 2025.
Spe Energy Limited’s revenue fell 49% to £1.7m in the year to 31 Dec 2025, with a loss of £257k and 26 employees. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Perth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Perth, Scotland
- Age
- 44 yrs · since 1982
- 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 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £3.3m | £1.7m |
| Cost of sales | — | — | £2.3m | £1.1m |
| Gross profit | — | — | £1.1m | £553k |
| Operating profit | — | — | £113k | −£256k |
| Profit before tax | — | — | £88.7k | −£280k |
| Profit after tax | — | — | £17.5k | −£257k |
| Profit (best available) | — | — | £17.5k | −£257k |
| Employees (average) | 18 | 20 | 23 | 26 |
| Ratios | ||||
| Profit margin | — | — | 0.5% | −15.2% |
| Gross margin | — | — | 31.8% | 32.6% |
| Revenue per employee | — | — | £145k | £65.1k |
| Profit per employee | — | — | £761 | −£9.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼49.3% |
| Profit growth | — | — | — | ▼1570% |
| Headcount growth | — | ▲11.1% | ▲15% | ▲13% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £429k | £62.8k | — | — |
| Net assets | £1.1m | £1.5m | £1.5m | £1.3m |
| Fixed assets | £3.9m | £3.7m | £3.4m | £3.1m |
| Current assets | £1.2m | £1.5m | £820k | £893k |
| Debtors | £193k | £326k | £62.4k | £196k |
| 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
- −15.2%
- Profit ÷ revenue.
- Gross margin
- 32.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £65.1k
- Revenue ÷ average employees.
- Profit per employee
- −£9.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 182.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.6%
- 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
- ▼13%
- Now £1.3m
- Cash at bank
- —
- Now —
- Headcount
- ▲13%
- Now 26
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £3.1m
Group structure
Subsidiaries (1)
- S. P. E. Cabling LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£257k), 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.