SPAREX LIMITED
Get an alert when SPAREX LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-11 (in 6mo)
Last made up 2025-10-28
Watchouts
None on the register
Cash
£35K
+1.3% vs 2023
Net assets
£26M
-3.7% vs 2023
Employees
179
-11.8% vs 2023
Profit before tax
-£1M
-183.2% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £47,560,535 | £46,194,396 | |
| Operating profit | -£315,525 | -£1,413,420 | |
| Profit before tax | £1,202,822 | -£1,000,150 | |
| Net profit | £1,137,156 | -£1,018,144 | |
| Cash | £34,071 | £34,512 | |
| Total assets less current liabilities | £27,199,192 | £26,181,048 | |
| Net assets | £27,199,192 | £26,181,048 | |
| Equity | £27,199,192 | £26,181,048 | |
| Average employees | 203 | 179 | |
| Wages | £8,219,942 | £7,265,158 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -0.7% | -3.1% | |
| Net margin | 2.4% | -2.2% | |
| Return on capital employed | -1.2% | -5.4% | |
| Current ratio | 2.04x | 2.21x | |
| Interest cover | -0.09x | -8.11x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Westcotts (SW) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future given continuing profitability, cash generation and strong asset base. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- SPAREX LIMITED · parent
- Sparex International Limited 100%
- Spenco Engineering Co. Limited 100%
- Sparex Maschinenzubehör Handelsgesellschaft m.b.H. 100%
- Sparex Belgium BVBA 100%
- Sparex Limited ApS 100%
- Sparex (Tractor Accessories) Limited 100%
- Sparex S.A.R.L. 100%
- Sparex Handels- und Vertriebs GmbH 100%
- Sparex Limited Vestiging Holland 100%
- Sparex Polska Sp. z o.o. 100%
- Sparex Portugal Importacao E Comercio de Pecas Lda 98%
- Sparex Agrirepuestos S.L. 99%
- Sparex Mexicana S.A. de C.V. 99.998%
- Sparex (Proprictary) Limited 100%
- Sparex (Canada) Limited 100%
Significant events
- “There have been no significant events affecting the Company since the balance sheet date that require adjustment to these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOGGRELL, Mark Anthony | Secretary | 2013-07-01 | — | — |
| DELANEY, David | Director | 2024-10-30 | Jan 1982 | British |
| DOGGRELL, Mark Anthony | Director | 2011-07-01 | Sep 1973 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Marianne Rosalind | Secretary | 1997-02-01 | 2005-12-21 |
| TRAPNELL, Howard Sinclair | Secretary | — | 1997-02-01 |
| TRAPNELL, Hugh Andrew | Secretary | 2005-12-21 | 2013-07-01 |
| BATKIN, Roger Neil | Director | 2010-12-15 | 2014-01-23 |
| BURGESS, Jeremy Marcus | Director | 2012-01-03 | 2017-05-31 |
| DE BRISSAC BERNARD, Paul William | Director | 2010-12-15 | 2019-01-03 |
| DEVIENNE, Frederic Michel | Director | 2010-12-15 | 2014-04-29 |
| FISCHER, Andrew Olaf | Director | 2000-04-18 | 2010-12-15 |
| FISHER, Ian | Director | 2000-04-18 | 2010-12-15 |
| FLETCHER, Alan Thomas | Director | 2000-04-18 | 2010-12-15 |
| HIORNS, Joanne Newman | Director | 1997-02-01 | 2006-03-31 |
| HUMPHRIES, Ian Ellis | Director | 1995-09-15 | 1998-08-31 |
| JONES, Marianne Rosalind | Director | 1997-02-01 | 2005-12-21 |
| KEMPTON, Christopher Howard | Director | — | 1996-07-31 |
| LOW, Christopher John Hill | Director | 1998-03-20 | 2000-05-08 |
| MACLEAN, Alasdair Frederick Lachlan | Director | 1997-02-01 | 2014-04-30 |
| MULDER, Sebastiaan Petrus Johannes | Director | 2019-02-19 | 2024-10-30 |
| MULDER, Sebastiaan | Director | 2013-02-18 | 2014-04-29 |
| NADEAU, Pierre | Director | 2006-03-21 | 2012-05-31 |
| PINVIDIC, Alain Bernard | Director | 2011-01-14 | 2014-04-29 |
| POTTER, Stephen Brian, Mr. | Director | 2006-03-21 | 2011-09-30 |
| RICHARDSON, Jonathan Charles | Director | 2005-08-09 | 2010-12-15 |
| SCHOEPPLEIN, Boris Nikolaus | Director | 2010-12-15 | 2014-05-01 |
| SMITH, Stephen Anthony | Director | 2000-04-18 | 2006-04-28 |
| STEELE, Christopher Robert | Director | 1997-02-01 | 2010-03-05 |
| STORTENBEKER, Theunis | Director | 1996-08-01 | 2011-04-19 |
| TRAPNELL, Howard Sinclair | Director | 1997-02-01 | 2005-12-21 |
| YOUNG, John William Garne | Director | — | 1995-09-15 |
| ZWANTSCHKO, Bernhard | Director | 2013-02-18 | 2014-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Agco International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 188 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2023-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type full | |
| 2023-01-06 | AA | accounts | Accounts with accounts type full | |
| 2022-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-04 | AA | accounts | Accounts with accounts type full | |
| 2021-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-24 | AA | accounts | Accounts with accounts type full | |
| 2020-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-07 | AA | accounts | Accounts with accounts type full | |
| 2019-03-07 | AP01 | officers | Appoint person director company with name date | |
| 2019-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2018-11-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-10-08 | AA | accounts | Accounts with accounts type full |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-2.9%
£47,560,535 £46,194,396
-
Cash
+1.3%
£34,071 £34,512
-
Net assets
-3.7%
£27,199,192 £26,181,048
-
Employees
-11.8%
203 179
-
Operating profit
-348%
-£315,525 -£1,413,420
-
Profit before tax
-183.2%
£1,202,822 -£1,000,150
-
Wages
-11.6%
£8,219,942 £7,265,158
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers