SPACERIGHT GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-12 (in 7mo)
Last made up 2025-11-28
Watchouts
None on the register
Cash
£2M
+5.4% vs 2023
Net assets
£2M
+58.4% vs 2023
Employees
117
+0.9% vs 2023
Profit before tax
£1M
+379.9% 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 | £19,837,596 | £20,026,518 | |
| Operating profit | £1,253,247 | £2,080,542 | |
| Profit before tax | £295,221 | £1,416,670 | |
| Net profit | £116,264 | £895,166 | |
| Cash | £1,772,175 | £1,868,095 | |
| Total assets less current liabilities | £6,475,355 | £7,144,404 | |
| Net assets | £1,532,719 | £2,427,885 | |
| Equity | £1,532,719 | £2,427,885 | |
| Average employees | 116 | 117 | |
| Wages | £4,143,134 | £4,742,611 |
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 | 6.3% | 10.4% | |
| Net margin | 0.6% | 4.5% | |
| Return on capital employed | 19.4% | 29.1% | |
| Current ratio | 1.72x | 1.89x | |
| Interest cover | 1.31x | 3.13x |
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
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- SPACERIGHT GROUP LIMITED · parent
- Spaceright Europe Limited 100%
- Millhouse Europe B.V. 100%
- Kids Play Kit Ltd 100%
- Educational Technology Ltd 100%
Significant events
- “Millhouse has grown significantly in recent years and more recently we have launched a new Outdoor range and secured US distribution through a partnership with one of the largest educational equipment providers in the US.”
- “growth opportunities in Canada and in Europe via our new business, Millhouse Europe BV which is based in the Netherlands and went live in Jan 24.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILLAR, Jason | Secretary | 2025-03-24 | — | — |
| ASHTON, Stephen Richard | Director | 2019-11-29 | Sep 1965 | British |
| FYFE, Stuart Lee | Director | 2022-10-17 | Sep 1979 | British |
| LACEY, Tim Edward | Director | 2020-08-03 | Nov 1977 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MBM SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2020-12-09 | 2025-03-24 |
| LOVE, Stephen | Director | 2020-01-30 | 2020-08-03 |
| MCGREGOR, Jill Amanda | Director | 2020-10-05 | 2022-09-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rockpool Investment Nominee Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2020-01-30 | Active |
| Mr Stephen Richard Ashton | Individual | Shares 25–50%, Voting 25–50% | 2019-11-29 | Active |
Filing timeline
Last 20 of 43 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-09-10 MA Memorandum articles
- 2021-09-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-11 | AA | accounts | Accounts with accounts type group | |
| 2025-03-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-12 | AA | accounts | Accounts with accounts type group | |
| 2023-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-21 | AA | accounts | Accounts with accounts type group | |
| 2022-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-18 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-24 | AA | accounts | Accounts with accounts type group | |
| 2022-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-21 | AA | accounts | Accounts with accounts type group | |
| 2021-09-10 | MA | incorporation | Memorandum articles | |
| 2021-09-10 | RESOLUTIONS | resolution | Resolution | |
| 2021-09-08 | SH01 | capital | Capital allotment shares | |
| 2021-08-02 | CH04 | officers | Change corporate secretary company with change date | |
| 2021-04-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-04-01 | 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
- 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
+1%
£19,837,596 £20,026,518
-
Cash
+5.4%
£1,772,175 £1,868,095
-
Net assets
+58.4%
£1,532,719 £2,427,885
-
Employees
+0.9%
116 117
-
Operating profit
+66%
£1,253,247 £2,080,542
-
Profit before tax
+379.9%
£295,221 £1,416,670
-
Wages
+14.5%
£4,143,134 £4,742,611
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