SPANDEX LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2026-06-01 (in 1mo)
Last made up 2025-05-18
Watchouts
None on the register
Cash
£1M
-21.3% vs 2024
Net assets
£67M
+7.1% vs 2024
Employees
94
+10.6% vs 2024
Profit before tax
£5M
+410.9% vs 2024
Name history
Renamed 2 times since incorporation
- SPANDEX LIMITED 2003-04-15 → present
- SPANDEX PLC 1981-12-31 → 2003-04-15
- SPANDEX IDENTIFICATION SYSTEMS (U.K.) LIMITED 1976-06-29 → 1981-12-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Turnover | £27,309,000 | £29,144,000 | |
| Operating profit | £1,007,000 | £4,958,000 | |
| Profit before tax | £933,000 | £4,767,000 | |
| Net profit | £668,000 | £4,440,000 | |
| Cash | £1,834,000 | £1,443,000 | |
| Total assets less current liabilities | £62,949,000 | £67,918,000 | |
| Net assets | £62,510,000 | £66,950,000 | |
| Equity | £62,510,000 | £66,950,000 | |
| Average employees | 85 | 94 | |
| Wages | £1,978,000 | £2,129,000 |
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 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | 3.7% | 17.0% | |
| Net margin | 2.4% | 15.2% | |
| Return on capital employed | 1.6% | 7.3% | |
| Gearing (liabilities / total assets) | 15.5% | 23.3% | |
| Current ratio | 5.49x | 3.38x | |
| Interest cover | 9.59x | 24.19x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The ultimate parent company, Viscominvest AcquiCo AG, has indicated it will provide financial support to the company for at least one year from the date of signing these financial statements. The directors, having taken into account the financial support from the ultimate parent undertakings believe that no material uncertainties exist that cast significant doubt on the company's ability to continue in operation for the foreseeable future.”
Group structure
- SPANDEX LIMITED · parent
- Spandex Benelux NV/SA 100%
- Spandex SyndiCUT sro 99%
- Spandex SAS 100%
- Eikon Ltd 100%
- Spandex srl 100%
- Spandex sro 99%
- Comunicación Spandex España SA 100%
- Spandex Portugal LDA 80%
- Lakeside Films Ltd 100%
Significant events
- “As of 30 April 2025 the Group breached the financial leverage covenant in the Senior Facilities Agreement (SFA) for which the Company is a guarantor. A waiver for the April 2025 covenant breach was obtained from the banks in June 2025 and the Amendment Agreement to the SFA was successfully concluded on 1 October 2025. As the breach was rectified, there was no Event of Default and none of the borrowings became due early.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACKMORE, Laura Margretta | Director | 2024-05-24 | May 1971 | Welsh |
| PENNY, Darren John | Director | 2025-11-17 | Dec 1976 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COCKCROFT, Nicholas Charles Philip | Secretary | — | 1996-07-19 |
| DIXON, Richard Arthur | Secretary | 2001-06-01 | 2002-08-23 |
| GORDON, Kieron | Secretary | 2002-08-24 | 2003-04-01 |
| HENDERSON, John Dow | Secretary | 1998-07-24 | 2001-05-31 |
| JACKSON, Robert William | Secretary | 2005-01-13 | 2009-01-16 |
| MACKLIN, Peter Douglas | Secretary | 1996-07-19 | 1998-07-24 |
| MEREDITH, Beverley Ann | Secretary | 2009-01-16 | 2023-09-27 |
| SCAMMELL, Benjamin | Secretary | 2023-09-27 | 2024-05-24 |
| SKOCH, Doris Winter | Secretary | 2003-04-16 | 2005-02-20 |
| TREACY JR, Richard F | Secretary | 1999-06-14 | 2001-05-31 |
| BATESON, Godfrey Mark | Director | — | 1999-06-14 |
| BOSTOCK, Alan Keith | Director | — | 1997-04-07 |
| BROWN, Harold Stuart | Director | 1995-03-15 | 1998-05-29 |
| BRUEGGER, Edmund Peter | Director | 1992-09-15 | 1998-05-18 |
| BRUNNER, Heinz Gunter | Director | — | 1996-12-31 |
| BUGLER, Lionel Thomas | Director | — | 1995-12-31 |
| CHESHIRE, Michael J | Director | 1999-06-14 | 2001-11-29 |
| COCKCROFT, Nicholas Charles Philip | Director | 1996-07-19 | 1998-05-27 |
| DOBSON, Charles Edward | Director | — | 2001-04-02 |
| DOBSON, Mary | Director | — | 1999-06-14 |
| GODDEN, Mark David | Director | 1991-07-18 | 1999-06-14 |
| GRICKIS JR., William Vincent | Director | 2009-01-16 | 2011-08-22 |
| HEVENOR, Charles | Director | 1999-06-14 | 2001-04-02 |
| JACKSON, Robert William | Director | 2001-12-18 | 2022-02-28 |
| JATER, Stephen Leslie | Director | — | 1991-07-22 |
| JONES, Frederick David | Director | 1999-06-14 | 2001-12-18 |
| LARSON, Rodney Wallace | Director | 2007-10-16 | 2022-02-28 |
| LOVASS, Stephen Patrick | Director | 2005-01-17 | 2007-10-24 |
| LOWMAN, Reginald Robin | Director | — | 1993-07-19 |
| MACKLIN, Peter Douglas | Director | 1995-12-07 | 1998-07-24 |
| MEREDITH, Beverley Ann | Director | 2019-08-14 | 2023-09-27 |
| SCAMMELL, Benjamin | Director | 2022-06-21 | 2024-05-24 |
| SKOCH, Doris Winter | Director | 2001-12-18 | 2005-02-20 |
| WATSON, Leon | Director | 2015-02-13 | 2025-11-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spandex Holding Uk Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 251 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-27 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2026-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-13 | AA | accounts | Accounts with accounts type full | |
| 2025-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | CH01 | officers | Change person director company with change date | |
| 2025-01-22 | CH01 | officers | Change person director company with change date | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-16 | AA | accounts | Accounts with accounts type full | |
| 2023-10-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-10-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
+6.7%
£27,309,000 £29,144,000
-
Cash
-21.3%
£1,834,000 £1,443,000
-
Net assets
+7.1%
£62,510,000 £66,950,000
-
Employees
+10.6%
85 94
-
Operating profit
+392.4%
£1,007,000 £4,958,000
-
Profit before tax
+410.9%
£933,000 £4,767,000
-
Wages
+7.6%
£1,978,000 £2,129,000
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