Sphere Products Ltd
Registered name: SPHERE PRODUCTS LTD
Sphere Products Ltd made £25.3k revenue and £19.2k profit in the year to 31 May 2025.
Sphere Products Ltd’s revenue fell 6% to £25.3k in the year to 31 May 2025, with £19.2k profit and 1 employee. The company is classified under “manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials” and is based in Diss; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Diss, East of England
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £32.5k | £29.7k | £26.9k | £25.3k |
| Profit after tax | £25.5k | £21.8k | £21.2k | £19.2k |
| Profit (best available) | £25.5k | £21.8k | £21.2k | £19.2k |
| Staff costs | £0 | £0 | — | — |
| Employees (average) | — | 0 | 1 | 1 |
| Ratios | ||||
| Profit margin | 78.4% | 73.4% | 79% | 75.8% |
| Revenue per employee | — | — | £26.9k | £25.3k |
| Profit per employee | — | — | £21.2k | £19.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼8.5% | ▼9.5% | ▼5.9% |
| Profit growth | — | ▼14.3% | ▼2.6% | ▼9.7% |
| Headcount growth | — | — | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £2.6k | £2.3k | £2.2k | £2.1k |
| Fixed assets | £2.3k | £1.9k | £2k | £1.7k |
| Current assets | £350 | £425 | £250 | £400 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 75.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.3k
- Revenue ÷ average employees.
- Profit per employee
- £19.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼6%
- Now £2.1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼14%
- Now £1.7k
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £19.2k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.