UK Companies House feature
SPREAD CO LIMITED
Cash
£12M
+62.9% vs 2023
Net assets
£9M
+78.6% vs 2023
Employees
29
0% vs 2023
Profit before tax
£3M
+155.8% vs 2023
Profile
- Company number
- 05614477
- Status
- Active
- Incorporation
- 2005-11-07
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Profit before tax
7-year trend · vs UK Fintech median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £3,898,079 | — | — | — | |
| Operating profit | — | — | — | -£300,787 | — | — | — | |
| Profit before tax | — | — | — | -£305,627 | — | -£6,077,036 | £3,391,901 | |
| Net profit | — | — | — | -£305,627 | — | -£5,872,778 | £4,270,750 | |
| Cash | — | — | — | £4,249,534 | — | £7,336,718 | £11,953,785 | |
| Total assets less current liabilities | — | — | — | £11,577,910 | — | £5,291,895 | £9,452,645 | |
| Net assets | — | — | — | — | — | — | — | |
| Equity | £11,469,220 | £8,809,236 | — | £11,577,910 | — | £5,291,895 | £9,452,645 | |
| Average employees | — | — | — | 28 | — | 29 | 29 | |
| Wages | — | — | — | £1,526,355 | — | £1,761,822 | £2,253,973 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Fisher, Sassoon & Marks
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “The Company recorded a net trading profit of £3.2m compared to a loss of £5.7m in 2023 which was due to improved market volatility in financial markets and products.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COSTLEY, Julian Conway | Director | 2011-12-15 | Apr 1952 | British |
| PABARI, Ajay | Director | 2005-11-07 | Oct 1959 | British |
| THAKRAR, Bharat Kumar Hirji | Director | 2011-12-15 | Jul 1957 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WRIGHT, Emma Jayne | Secretary | 2005-12-15 | 2009-11-20 |
| SH COMPANY SECRETARIES LIMITED | Corporate Secretary | 2005-11-07 | 2005-12-15 |
| FUNNELL, Matthew Leslie | Director | 2009-06-17 | 2009-10-16 |
| MAY, Carolyn Anne Louise | Director | 2009-01-09 | 2009-10-26 |
| PABARI, Neil | Director | 2007-06-19 | 2008-12-10 |
| SILVESTER, Jonathan Daniel | Director | 2009-11-11 | 2013-01-23 |
| WRIGHT, Emma Jane | Director | 2005-11-07 | 2007-06-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spread Co Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-11-01 | Active |
Filing timeline
Last 20 of 84 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-06 | AD02 | address | change sail address company with old address new address |
| 2025-11-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-29 | AA | accounts | accounts with accounts type full |
| 2024-11-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-26 | AA | accounts | accounts with accounts type full |
| 2023-11-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-16 | AA | accounts | accounts with accounts type full |
| 2022-11-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-28 | AA | accounts | accounts with accounts type full |
| 2021-11-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-29 | AA | accounts | accounts with accounts type full |
| 2020-11-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-11-03 | AA | accounts | accounts with accounts type full |
| 2019-11-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-04-18 | AA | accounts | accounts with accounts type full |
| 2018-11-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2018-09-18 | AA | accounts | accounts with accounts type full |
| 2018-09-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2017-11-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2017-05-12 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory