{"name":"SPECAC LIMITED","company_number":"01008689","status":"Active","type":"Private Limited Company","incorporated":"1971-04-22","dissolved":null,"registered_office":"Science And Innovation Centre Unit 12, Halo Business Park, Cray Avenue, Orpington, Kent, England, BR5 3FQ","postcode":"BR5 3FQ","sic_codes":[{"code":26511,"description":"Manufacture of electronic measuring, testing etc. equipment, not for industrial process control"}],"principal_activity":null,"previous_names":[{"name":"GRASEBY SPECAC LIMITED","changed_on":"1999-02-25"},{"name":"SPECAC LIMITED","changed_on":"1992-01-02"},{"name":"ANALYTICAL ACCESSORIES LIMITED","changed_on":"1985-07-01"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":76,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","turnover":12145290,"profit_loss":704525,"net_assets":15642391,"cash":2414672,"average_employees":76},{"financial_date":"2024-03-31","turnover":14314278,"profit_loss":2219041,"net_assets":14937866,"cash":2887276,"average_employees":77},{"financial_date":"2023-03-31","turnover":14959041,"net_assets":9659844,"cash":3819766},{"financial_date":"2022-03-31","turnover":13719741,"net_assets":7673155,"cash":4168229},{"financial_date":"2021-03-31","turnover":10985630,"net_assets":7907650,"cash":2657334}],"officers":{"current":5,"resigned":27,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Specac Limited occupies a strong niche position in the global spectroscopy accessories market, leveraging over 50 years of heritage and an impressive 96.6% export orientation to serve international research and industrial customers. While revenue growth has been robust and balance sheet strength has improved markedly over five years, the recent EBITDA margin compression from 15.9% to 9.7% warrants close monitoring, particularly against industry benchmarks of 15-25% for specialised instrument manufacturers. The company's scale limitations relative to integrated majors and margin pressures from input cost inflation represent the primary strategic challenges, though the stated growth acceleration initiatives and acquisition strategy suggest the ownership group is positioning the business for an expanded competitive footprint.","website":"https://specac.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/specac","people":"https://www.companiesintheuk.co.uk/company/specac/people","filing_history":"https://www.companiesintheuk.co.uk/company/specac/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01008689","financials":"https://www.companiesintheuk.co.uk/company/specac/financial","control":"https://www.companiesintheuk.co.uk/company/specac/control","charges":"https://www.companiesintheuk.co.uk/company/specac/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/specac/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/specac"}