SPAX UK LIMITED
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Cash
£701K
+12.8% vs 2024
Net assets
£4M
+1.4% highest in 5 filed years
Employees
22
+10% vs 2024
Profit before tax
£359K
-39.1% lowest in 5 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £11,786,266 | — | — | £10,970,329 | £10,114,166 | -7.8% | |
| Operating profit | — | — | — | £589,493 | £356,142 | -39.6% | |
| Profit before tax | £809,085 | £671,686 | £770,447 | £589,732 | £359,065 | -39.1% | |
| Net profit | £644,794 | £532,530 | £579,253 | £430,110 | £253,994 | -40.9% | |
| Cash | £1,050,481 | £851,911 | £111,233 | £621,849 | £701,342 | +12.8% | |
| Total assets less current liabilities | £3,522,250 | £3,812,799 | £3,967,269 | £3,983,616 | £4,035,038 | +1.3% | |
| Net assets | £3,518,969 | £3,801,499 | £3,960,752 | £3,970,862 | £4,024,856 | +1.4% | |
| Equity | £3,518,969 | £3,801,499 | £3,960,752 | £3,970,862 | £4,024,856 | +1.4% | |
| Average employees | 25 | 22 | 22 | 20 | 22 | +10% | |
| Wages | £964,722 | £996,620 | £1,034,615 | £1,004,620 | £1,056,227 | +5.1% | |
| Directors' remuneration | £273,456 | £274,054 | £262,950 | £263,083 | £263,400 | +0.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 5.4% | 3.5% | |
| Net margin | 5.5% | — | — | 3.9% | 2.5% | |
| Return on capital employed | — | — | — | 14.8% | 8.8% | |
| Gearing (liabilities / total assets) | — | — | — | 32.3% | 25.1% | |
| Current ratio | — | — | — | 2.84x | 3.68x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SPAX UK LIMITED 2008-07-21 → present
- ALTENLOH, BRINCK & CO LIMITED 1997-01-08 → 2008-07-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “A dividend of £200,000 (2024: £420,000) was also declared in the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SALZIG, Michael | Secretary | 2017-08-18 | — | — |
| WHITTINGHAM, John Mark | Director | 1999-03-15 | Jul 1965 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THOMAS, Micheal Alwin | Secretary | 1997-01-08 | 2017-08-18 |
| CARMELE, Wolfgang Peter, Dr Ing | Director | 2004-12-01 | 2010-03-08 |
| DICKE, Robert | Director | 1997-01-29 | 2004-11-30 |
| ELSKE, Walter | Director | 1997-01-08 | 2004-11-30 |
| MATTEN, Philip William | Director | 1997-01-08 | 1999-03-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 83 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-25 | AA | accounts | Accounts with accounts type full | |
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-24 | AA | accounts | Accounts with accounts type full | |
| 2025-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-08 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-11 | AA | accounts | Accounts with accounts type full | |
| 2023-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-17 | AA | accounts | Accounts with accounts type full | |
| 2022-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-23 | AA | accounts | Accounts with accounts type full | |
| 2021-02-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-03-10 | AA | accounts | Accounts with accounts type full | |
| 2020-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-03-14 | AA | accounts | Accounts with accounts type full | |
| 2019-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-08-30 | AA | accounts | Accounts with accounts type full | |
| 2018-01-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2017-09-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2017-09-06 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.