Spruce Carpets Ltd.

ActiveSC280302Water & wasteIncorporated 21 Feb 2005 · Glasgow

OBJECTIVES AND ACTIVITIESObjectives and aimsThe objects of Spruce are:To preserve and conserve the natural environment through the reuse and recycling of flooring coverings diverted from landfill.To raise awareness of the related and prevailing environmental issues through education and promotion of reuse, recycling, and repair activity.To relieve poverty through the provision of low-cost floor coverings to low income/no income individuals and families.To advance citizenship and community development through the provision of volunteering opportunities, work experience and training placements which contribute to the development of greater self-worth, skills and ultimately increase the individual's chances of securing employment.

Revenue

£882k

▼ -2.1% vs prior ~12m period

Profit after tax

£160k

Margin 18.1%

Employees

16

▼ -27.3% vs prior ~12m period

Net assets

£557k

Total assets £646k

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Mar 2022
£902k
Mar 2023
£882k▼ -2.1%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2023£882k▼ -2.1%£160k16£557k
31 Mar 2022£902k—£70k22£398k

Latest available figures

Period ending 31 Mar 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£882k
Gross profit
£160k
Operating profit
£160k
Profit before tax
£160k
Profit after tax
£160k

Balance sheet

Total assets
£646k
Cash
£397k
Total liabilities
£89k
Net assets
£557k
Revenue per employee
£55k

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