SPICERHAART RESIDENTIAL LETTINGS LIMITED
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Cash
£341K
-71.7% vs 2023
Net assets
£5.7M
-27.8% vs 2023
Employees
407
+8.2% vs 2023
Profit before tax
£7.5M
+8.1% vs 2023
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £33,703,000 | £37,195,000 | +10.4% | |
| Operating profit | £5,240,000 | £5,543,000 | +5.8% | |
| Profit before tax | £6,979,000 | £7,546,000 | +8.1% | |
| Net profit | £5,484,000 | £6,014,000 | +9.7% | |
| Cash | £1,206,000 | £341,000 | -71.7% | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £7,941,000 | £5,735,000 | -27.8% | |
| Equity | £7,941,000 | £5,735,000 | -27.8% | |
| Average employees | 376 | 407 | +8.2% | |
| Wages | £15,277,000 | £15,920,000 | +4.2% | |
| Directors' remuneration | £320,000 | £393,000 | +22.8% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 15.5% | 14.9% | |
| Net margin | 16.3% | 16.2% | |
| Current ratio | 2.87x | 2.25x |
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
- SPICERHAART RESIDENTIAL LETTINGS LIMITED 2004-12-14 → present
- POLL (008) LIMITED 2004-12-03 → 2004-12-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the wider Group's projected business activities and available financial resources and detailed cash forecasts. This includes a review of a base case and reasonably plausible downside scenarios and in all cases the group has sufficient means to continue as a going concern for a period of twelve months from the signing date. As the going concern assessment has been reviewed on a wider group basis, a letter of support has been received from the parent of the group, VRS Investments Limited, to cover the going concern period. After making appropriate enquiries the directors have a reasonable expectation that the wider group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “During the course of the year, as part of group wide entity simplification project, the following group companies transferred the relevant element of their trade and assets into the company: • BJB (Lettings) Limited as at 31 May 2024 (transfer of all trade and assets); and • B.C. Holt Limited as at 31 May 2024 (transfer of residential lettings trade and assets only; estate agency trade and assets to Spicerhaart-Estate Agents Limited).”
- “There were no significant events after the balance sheet date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Paul Alick | Secretary | 2005-01-10 | — | British |
| BASI, Satwant Singh | Director | 2021-11-25 | Mar 1970 | British |
| HURDLE, Mark Edward | Director | 2021-05-21 | Aug 1966 | British |
| LARK, Antony Tobias | Director | 2019-04-04 | Sep 1972 | British |
| SMITH, Paul Alick | Director | 2005-01-10 | Oct 1960 | British |
| THOMSON, Sarah Margaret Elaine | Director | 2025-08-28 | Apr 1974 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BULLOCK, Nicola | Secretary | 2004-12-03 | 2005-01-10 |
| POLLINGTON, Lucian Frank Erich | Secretary | 2007-11-29 | 2018-05-25 |
| DAY, Christopher Philip Terrett | Director | 2005-01-10 | 2008-10-27 |
| NATION, Stephen Glanvill | Director | 2005-01-10 | 2008-10-24 |
| POLLINGTON, Lucian Frank Erich | Director | 2008-10-23 | 2018-05-25 |
| POLLINGTON, Lucian Frank Erich | Director | 2004-12-03 | 2005-01-10 |
| SLOAN, Paul Duncan | Director | 2018-12-12 | 2021-05-09 |
| SMITH, Walter Alick | Director | 2013-10-08 | 2019-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Alick Smith | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
| Spicerhaart Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-27 | AA | accounts | Accounts with accounts type full | |
| 2025-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-01 | AA | accounts | Accounts with accounts type full | |
| 2023-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type full | |
| 2022-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-25 | AA | accounts | Accounts with accounts type full | |
| 2021-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2021-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-01 | AA | accounts | Accounts with accounts type full | |
| 2020-06-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2019-08-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.