Justin Spink Limited

Justin Spink Limited, based in Faringdon, UK, is a small, active company founded 21 years ago. With three employees and £46,082 in assets, it’s a modest operation led by a solo founder and overseen by three directors. The company maintains a real address and operates as an irregular importer, primarily bringing in live trees, plants, bulbs, roots, and flowers – with just two months of import activity recorded as of February 6, 2024.

The company’s website is minimal, offering little insight into its operations beyond its registered details. It appears to focus on landscape gardening services, operating within the broader landscape service activities industries. While no e-commerce presence is immediately apparent, the business likely generates revenue through direct client engagements and project-based work.

Financially, Justin Spink Limited presents a mixed picture. Current assets have increased by 53% to £46,000, a positive sign of improved liquidity. However, net assets have fallen significantly by 45% to just £4,100, indicating a depletion of equity. Bank borrowings have surged by a substantial 330% to £11,000, and cash reserves have decreased by 45% to £39,000. Creditors have also increased by 79% to £56,000, suggesting a reliance on external financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants closer attention. As a small company, it’s exempt from an audit, so the financial data remains unaudited.

Overall, Justin Spink Limited seems to be navigating a period of change. While its assets have improved, the decrease in equity and increased debt suggest a need for careful financial management. The company’s long-standing presence and focus on a specialized service could provide a foundation for future growth, but its ability to maintain profitability will be key.

Registered in England/Wales under the registration number 05121689, with a registered address at SN7 7QL, Faringdon, Oxfordshire, Woolstone Mill House, Woolstone.

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