Company Overview
Spicers Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 16 December 1946, so this is a well established company. Spicers Limited has been in business for 79 years and 3 months. The accounts status is full and the accounts are next due on Thursday 31 December 2020.
Registered Address

12 Wellington Place, Leeds, LS1 4AP
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Companies House Data
Company NameSPICERS LIMITED
Company Number00425809
Registered Office Address12 Wellington Place
 LS1 4AP
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date16/12/1946
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/12/2018
Accounts Account CategoryFULL
Returns Next Due Date15/10/2016
Returns Last Made Up Date17/09/2015
Directors & Members
Show Resigned
Edwin Ford - Director
(British, 59 years old, born January 1967)
Appointed 27 April 2015
 Active
Stephen Horne - Director
(British, 63 years old, born September 1963)
Appointed 04 March 2019
 Active
Richard Jones - Director
(British, 61 years old, born November 1965)
Appointed 27 April 2015
 Active
Richard Oates - Director
(British, 54 years old, born August 1972)
Appointed 22 October 2019
 Active
Secretaries
Show Resigned
Philippa Maynard - Secretary
Appointed 27 April 2015
 Active
Other Company Directorships
Edwin Ford
DIVERSE FINE FOOD LIMITED
LYRECO UK LIMITED
NEWELL BRANDS UK LIMITED
THE SPICERS-OFFICETEAM GROUP LIMITED
Stephen Horne
121222 HOLDCO LIMITED
121333 LIMITED
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ALLPARTS BIDCO LIMITED
BECAP SPICERS (UK) LIMITED
BURO BUSINESS SUPPLIES LTD
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DDS MIDCO LIMITED
GERMAN SWEDISH & FRENCH CAR PARTS LIMITED
GMF BIDCO LIMITED
GSF CAR PARTS LIMITED
LOISEAU BIDCO LIMITED
LYNCH MCQUEEN LIMITED
OFFICE TEAM LOGISTICS LIMITED
OFFICE ZONE BUSINESS SOLUTIONS LTD
OFFICE ZONE LIMITED
OFFICETEAM 2 GROUP LIMITED
OFFICETEAM SALES LIMITED
OFFICETEAM TRUSTEES LIMITED
OT OFFICE SUPPLIES LIMITED
PA GROUP HOLDINGS LIMITED
PA TOPCO LIMITED
PADS PRINTING & COMMERCIAL STATIONERY LIMITED
PROJECT OLIVER HOLDCO LIMITED
PROJECT OLIVER TOPCO LIMITED
SCMF BIDCO LIMITED
STAT-PLUS LIMITED
STAT-PLUS GROUP LIMITED
TEWKESBURY LIMITED
THE PARTS ALLIANCE LIMITED
THE SPICERS-OFFICETEAM GROUP LIMITED
VENTURE CONNECT LIMITED
WHITEGROVE GROUP LIMITED
Richard Jones
RA SUPPLY CHAIN SOLUTIONS LTD
SKU LOGISTICS LIMITED
THE SPICERS-OFFICETEAM GROUP LIMITED
Richard Oates
BECAP SPICERS (UK) LIMITED
BURO BUSINESS SUPPLIES LTD
C & M REGISTRARS LIMITED
LYNCH MCQUEEN LIMITED
OATES ROBINSON LIMITED
OFFICE TEAM LOGISTICS LIMITED
OFFICE ZONE BUSINESS SOLUTIONS LTD
OFFICE ZONE LIMITED
OFFICETEAM 2 GROUP LIMITED
OFFICETEAM GROUP LIMITED
OFFICETEAM LIMITED
OFFICETEAM SALES LIMITED
OFFICETEAM TRUSTEES LIMITED
OT OFFICE SUPPLIES LIMITED
PADS PRINTING & COMMERCIAL STATIONERY LIMITED
PROJECT OLIVER HOLDCO LIMITED
PROJECT OLIVER TOPCO LIMITED
RICHARD OATES CONSULTING LIMITED
STAT COMPANY LIMITED
STAT-PLUS LIMITED
STAT-PLUS GROUP LIMITED
TEWKESBURY LIMITED
WHITEGROVE GROUP LIMITED
ZENOFFICE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2016 31-Dec-2015
Balance Sheet
Fixed Assets 10,870,000 10,870,000 9,795,000
Current Assets 88,863,000 88,863,000 97,684,000
Creditors Due Within One Year 33,345,000 33,345,000 38,054,000
Working Cap 55,518,000 55,518,000 59,630,000
Total Assets Less Current Liabilities 66,388,000 66,388,000 69,425,000
Long-term Liabilities 27,232,000 27,232,000 26,544,000
Net Assets 39,156,000 39,156,000 42,881,000
Share Capital & Reserves
Share Cap 10,005,000 10,005,000 10,005,000
Profit & Loss Reserves -12,209,000 -12,209,000 -8,484,000
Other Reserves 41,360,000 41,360,000 41,360,000
Shareholders Funds 39,156,000 39,156,000 42,881,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2016 31-Dec-2015
Tangible Fixed Assets - - -
Fixed Assets 10.9% 10.9% 9.1%
Stocks Inventory 19.6% 19.6% 19.3%
Debtors 21.2% 21.2% 24.4%
Cash Bank In Hand 2.1% 2.1% 1.9%
Current Assets 89.1% 89.1% 90.9%
Creditors Due Within One Year 33.4% 33.4% 35.4%
Net Current Assets Liabilities 55.7% 55.7% 55.5%
Creditors Due After One Year 27.3% 27.3% 24.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 39.3% 39.3% 39.9%
Called Up Share Capital 10.0% 10.0% 9.3%
Share Capital Allotted Called Up Paid 10.0% 10.0% 9.3%
Profit Loss Account Reserve -12.2% -12.2% -7.9%
Shareholder Funds 39.3% 39.3% 39.9%
Capital Employed - - -
Total Assets Less Current Liabilities 66.6% 66.6% 64.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2016 31-Dec-2015
Liquidity Ratio 2.7 2.7 2.6
Solvency Ratio 1.6 1.6 1.7
Reserves to Assets -0.1 -0.1 -0.1
Secured Creditors Unlock full report
Mortgages Charges 17
Mortgages Outstanding 7
Mortgages Part Satisfied 0
Mortgages Satisfied 10
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2016 31-Dec-2015
Assets 99,733,000 99,733,000 107,479,000
Debt 60,577,000 60,577,000 64,598,000
Net Assets/Debt 39,156,000 39,156,000 42,881,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Liquidators' statement of receipts and payments to 15 May 2025
Registered office address changed from Ernst & Young Llp 1 Bridgewater Place Water Lane Leeds LS11 5QR to 12 Wellington Place Leeds LS1 4AP on 16 September 2024
Liquidators' statement of receipts and payments to 15 May 2024
Appointment of a voluntary liquidator
Notice of move from Administration case to Creditors Voluntary Liquidation
Administrator's progress report
Notice of order removing administrator from office
Notice of appointment of a replacement or additional administrator
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Statement of affairs with form AM02SOA
Result of meeting of creditors
Registered office address changed from , C/O the Spicers-Officeteam Group Limited Unit 4, 500 Purley Way, Croydon, Surrey, CR0 4NZ, England to Ernst & Young Llp 1 Bridgewater Place Water Lane Leeds LS11 5QR on 2 June 2020
Statement of administrator's proposal
Appointment of an administrator
Registration of charge 004258090017, created on 5 February 2020
Termination of appointment of Andrew Graham Mobbs as a director on 17 January 2020
Appointment of Mr Richard John Oates as a director on 22 October 2019
Confirmation statement made on 17 September 2019 with no updates
Cessation of Jonathan Paul Moulton as a person with significant control on 6 April 2016
Notification of Becap Spicers (Uk) Limited as a person with significant control on 6 April 2016
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