Alan Spargo Limited

Alan Spargo Ltd, based in High Wycombe, UK, is a small, family business with an active status, celebrating 50 years since its founding in 1975. The company employs 24 people and holds assets valued at £3,166,817. It boasts a real address, is overseen by five directors, and owned by two individuals. With a stellar Google rating of 5.0 based on seven reviews, Alan Spargo Ltd is a regular importer of optical and medical tools and devices, with four months of import activity recorded, the last being in August 2020.

The company operates in the manufacture of tools industries, and its website, while not currently available for review, likely reflects this focus. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

A review of Alan Spargo Ltd’s financial data reveals a mixed picture. While cash bank on hand increased significantly by 41% to £2.5 million, accrued liabilities rose by 33% to £200,000. Debtors decreased sharply by 34% to £670,000, while creditors also fell by 34% to £670,000. Net assets increased by 7% to £2.8 million, and profit or loss remained steady at £630,000. The company's average number of employees decreased by 17% to 20. It's worth noting that the company is exempt from an audit as a small entity.

The company’s financial stability appears reasonable, although the decrease in employees is something to keep an eye on. The increase in liabilities alongside a decrease in debtors could suggest a need to manage cash flow more effectively. The company’s long-standing presence and positive customer reviews indicate a solid foundation, but ongoing monitoring of its financial performance is advisable.

Registered in England/Wales under the registration number 01212214, with a registered address at HP12 3TA, High Wycombe, Buckinghamshire, Coronation Road, Cressex Business Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.