SPECTRIS PLC

Company Information

Company Number
02025003
Registered Address
Melbourne House, 5th Floor, 44-46 Aldwych, London, England, WC2B 4LL
Status
Active
Employee Count
7266.0
Turnover
1449200000.0
EBITDA
246300000.0

Additional Details

Company Type
Public limited Company
Incorporated On
4 June 1986
Nature of Business
70100 - Activities of head offices
Industries
Life Sciences And Medical Technology,Supply Chain,Manufacturing And Commerce Models
Region
London

Company Location

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Financial Metrics

Cash
£228,100,000.00
Net Worth
£646,700,000.00
Total Current Assets
£865,500,000.00
Total Current Liabilities
£418,000,000.00
Reporting Period
2023-07-07 to 2023-12-31Filed: 2024-02-01

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
07 Jul 2023 - 31 Dec 202301 Feb 2024
01 Jan 2023 - 30 Jun 202331 Jul 20233561%29%10%24%
01 Jul 2022 - 31 Dec 202220 Jan 20233766%23%11%19%
01 Jan 2022 - 30 Jun 202212 Aug 2022

Company Summary

SPECTRIS PLC is a global provider of precision instrumentation and controls

The company offers a wide range of products and services in industries such as automotive, aerospace, oil and gas, and pharmaceuticals

Sustainability is a key focus for SPECTRIS PLC, and the company has implemented various initiatives to reduce their environmental impact and promote sustainable practices

These include reducing their carbon footprint, implementing energy efficient processes, and promoting recycling and waste reduction

The company's products and services include measurement and control instruments, analytical instruments, industrial controls, and process control software

These products and services are used in various industries to improve efficiency, accuracy, and productivity

SPECTRIS PLC has a strong leadership team, with Andrew Heath as the Group Chief Executive and Derek Harding as the Chairman

The company has a global presence, with operations in over 30 countries and a network of distributors and partners worldwide

For more information on SPECTRIS PLC and their products and services, you can visit their website at www.spectris.com

The company's registered office address is 2 New York Square, Manchester, M1 4HD, United Kingdom

Overall, SPECTRIS PLC is committed to providing high-quality products and services while also prioritizing sustainability and responsible business practices

Company Review

Trend Analysis

The average time to pay for SPECTRIS PLC has decreased from 37 days in the period of Jan 2022 to Jun 2022 to 35 days in the period of Jan 2023 to Jun 2023. This shows a positive trend of paying invoices faster over time.

Volatility Analysis

The volatility of the percentage of invoices paid within 30 days has slightly decreased from 66% in the period of Jul 2022 to Dec 2022 to 61% in the period of Jul 2023 to Dec 2023. However, the volatility of the percentage of invoices paid later than 60 days has increased from 23% to 29% in the same periods. This shows that while the company is paying more invoices within 30 days, there is also an increase in the number of invoices being paid later than 60 days.