Espial Limited

Espial Limited is a small, holding company based in Reading, UK, with an active status. Founded 31 years ago in May 1993, it operates with just one employee and holds assets totaling £1,986,853. The company uses a virtual address, registered with fourteen other companies, and is managed by two directors and one owner. Espial Limited is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import operation recorded two months ago in January 2016.

The company operates in the business and domestic software development industries. Its website is currently unavailable, so it’s impossible to determine if it engages in e-commerce or other online activities.

Financially, Espial Limited presents a mixed picture. While cash bank on hand increased by 28% to £500,000, accrued liabilities deferred income rose significantly, increasing by 150% to £150,000. Trade debtors also increased by 11% to £1.5 million, suggesting a potential strain on cash flow. However, creditors decreased by 95%, which could indicate improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the significant rise in liabilities warrants attention. The accounts are audited by Menzies LLP, and the financial statements were authorised for issue on July 25, 2024. The company’s net assets liabilities increased by 11% to £1.8 million.

Registered in England/Wales under the registration number 02822565, with a registered address at RG2 0TD, England, Reading, Berkshire, Imperium, Imperial Way.

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