Spectrum Workplace Technology Group Limited
Registered name: SPECTRUM WORKPLACE TECHNOLOGY GROUP LIMITED
Part of Dellstrong Limited groupSpectrum Workplace Technology Group Limited made £11.6m revenue and £1.3m profit in the year to 30 Apr 2025. read from filing text
Spectrum Workplace Technology Group Limited’s revenue fell 1% to £11.6m in the year to 30 Apr 2025, with £1.3m profit and 74 employees. The company is classified under “non-trading company” and is based in Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £8.5m | £11.3m | £11.7m | £11.6m |
| Cost of sales | £4m | £5.2m | £5.5m | £5.3m |
| Gross profit | £4.5m | £6.1m | £6.2m | £6.2m |
| Operating profit | — | — | — | £1.8m |
| Profit before tax | £1.3m | £1.6m | £4.5m | £1.9m |
| Profit after tax | £998k | £1.2m | £3.9m | £1.3m |
| Profit (best available) | £998k | £1.2m | £3.9m | £1.3m |
| Employees (average) | 66 | 75 | 75 | 74 |
| Ratios | ||||
| Profit margin | 11.8% | 10.9% | 33.7% | 11.6% |
| Gross margin | 53.3% | 53.8% | 52.7% | 53.8% |
| Revenue per employee | £128k | £151k | £156k | £157k |
| Profit per employee | £15.1k | £16.5k | £52.5k | £18.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲33.3% | ▲3.6% | ▼1% |
| Profit growth | — | ▲23.8% | ▲218.9% | ▼66% |
| Headcount growth | — | ▲13.6% | 0% | ▼1.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £251k | £12.3k | £7.7k | £910 |
| Net assets | £8.7m | £8.7m | £9.7m | £10m |
| Fixed assets | £11.1m | £12.9m | £12.8m | £11.3m |
| Current assets | £261k | £22.5k | £1.9m | £1.8m |
| Debtors | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 11.6%
- Profit ÷ revenue.
- Gross margin
- 53.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £157k
- Revenue ÷ average employees.
- Profit per employee
- £18.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 97.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲3%
- Now £10m
- Cash at bank
- ▼88%
- Now £910
- Headcount
- ▼1%
- Now 74
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £11.3m
Group structure
Ownership chain
- Dellstrong Limitedultimate parent75–100%
- Spectrum Workplace Technology Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- IT @ Spectrum LimitedRev. £10.9m · Profit £1.1m
- Carter Business Systems LimitedFigures not disclosed
- Digitech Business Equipment LtdFigures not disclosed
- It@spectrum North East LimitedFigures not disclosed
- Its Shelfco LtdFigures not disclosed
- Spectrum Rentals LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.3m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.