SPC CORPORATE LIMITED
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Cash
£3m
-24.5% lowest in 3 filed years
Net assets
£13m
-41.5% lowest in 3 filed years
Employees
326
+78.1% highest in 3 filed years
Profit before tax
-£4.9m
-203.3% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Group is currently in breach of certain financial covenants under its banking facilities within its subsidiary company, Nova Motorsport SA Under the terms of the agreement, these events give the lender the right to demand immediate repayment of the outstanding debt
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £63,221,049 | £65,008,136 | £62,096,323 | -4.5% | |
| Operating profit | £4,698,340 | £5,009,543 | -£3,911,181 | -178.1% | |
| Profit before tax | £4,745,684 | £4,783,771 | -£4,943,839 | -203.3% | |
| Net profit | £3,795,091 | £3,437,861 | -£5,553,078 | -261.5% | |
| Cash | £4,093,918 | £3,998,544 | £3,020,366 | -24.5% | |
| Total assets less current liabilities | £25,314,775 | £27,800,064 | £33,914,652 | +22% | |
| Net assets | £19,496,125 | £22,679,301 | £13,270,195 | -41.5% | |
| Equity | £19,496,125 | £22,679,301 | £13,270,195 | -41.5% | |
| Average employees | 173 | 183 | 326 | +78.1% | |
| Wages | £8,398,892 | £10,077,538 | £11,496,726 | +14.1% | |
| Directors' remuneration | £941,951 | £994,763 | £1,027,115 | +3.3% |
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 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | 7.4% | 7.7% | -6.3% | |
| Net margin | 6.0% | 5.3% | -8.9% | |
| Return on capital employed | 18.6% | 18.0% | -11.5% | |
| Current ratio | 1.80x | 1.76x | 1.20x | |
| Interest cover | 21.24x | 20.77x | -3.71x |
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
- SPC CORPORATE LIMITED 2015-10-13 → present
- S.P.C. EUROPE GROUP LIMITED 2008-09-24 → 2015-10-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Group is currently in breach of certain financial covenants under its banking facilities within its subsidiary company, Nova Motorsport SA Under the terms of the agreement, these events give the lender the right to demand immediate repayment of the outstanding debt”
Group structure
- SPC CORPORATE LIMITED · parent
- SPC Europe Limited 100%
- SPC Jevsa SLU 100%
- ATR Compounding Limited 100%
- SPC Compounding India Private Limited 99.9%
- SPC Information Systems Limited 51%
- SPC Power Solutions Limited 100%
- SPC IP Limited 100%
- M YSPC Limited 100%
- Nova Motorsport Limited 100%
- Nova Motorsports Unipessoal LDA 51%
- Cnb/Camac SA 51%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HALLAS, Marilyn | Director | 2019-04-16 | Sep 1952 | British |
| HALLAS, Paul Matthew | Director | 2021-02-01 | Feb 1979 | British |
| HALLAS, Stephen | Director | 2008-09-24 | Apr 1952 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAYLISS, Conrad | Secretary | 2019-04-16 | 2021-03-31 |
| HALLAS, Marilyn | Secretary | 2008-09-24 | 2019-04-16 |
| ROUND, Jonathon Charles | Director | 2008-09-24 | 2008-09-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen Hallas | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
| Mrs Marilyn Hallas | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 66 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-28 MA Memorandum articles
- 2026-04-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-21 | AA | accounts | Accounts with accounts type group | |
| 2026-05-30 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-05-26 | GAZ1 | gazette | Gazette notice compulsory | |
| 2026-05-17 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-05-17 | SH08 | capital | Capital name of class of shares | |
| 2026-04-28 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-04-28 | SH08 | capital | Capital name of class of shares | |
| 2026-04-28 | MA | incorporation | Memorandum articles | |
| 2026-04-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AA | accounts | Accounts with accounts type group | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-24 | AA | accounts | Accounts with made up date | |
| 2023-10-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type group | |
| 2022-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-25 | AA | accounts | Accounts with accounts type group | |
| 2021-03-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-02-05 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 4
- 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.