Keith Spicer Limited

Keith Spicer Limited is a large, active company based in Wimborne, UK, with a rich history spanning 86 years. Founded in 1939, the company employs 123 people and holds assets worth £9,817,005. It operates from a real address and is overseen by four directors, although no owners are officially listed. The company regularly imports and exports coffee, tea, mate, and spices—a consistent pattern with 219 months of import activity and 111 months of export activity, the latest being January 8 2025.

Keith Spicer Limited describes itself as crafting tea beverages, starting with a small operation in Bournemouth and evolving into a supplier for major UK supermarkets. The company provides bespoke blends, private label solutions, and comprehensive end-to-end services, from initial blending to final packaging. They offer a wide range of packaging options, including tea bags, caddies, and gift packs, catering to diverse customer needs. They also offer an end-to-end product development and distribution service which includes commercial management and marketing support.

According to their website, Keith Spicer Limited operates in the tea processing industries. They’re a leading supplier of handcrafted private label teas and beverages in the UK.

Financially, Keith Spicer Limited shows some concerning trends. While cash and cash equivalents increased by a healthy 97% to £840,000, net assets decreased by 58% to £-4,200,000. Bank borrowings surged by 1200% to £710,000, indicating a reliance on debt. Creditors also increased by 22% to £1,400,000. Despite these pressures, trade debtors increased by 43% to £3,700,000, suggesting improved collections. The company’s size (meeting two of three criteria for a large company) and the fact that the accounts are unaudited, means that the figures rely on director-reported data. The company’s auditor is Mazars LLP.

Overall, Keith Spicer Limited appears to be navigating a period of financial strain, despite its established market position and ongoing import/export activities. The increased debt and declining net assets warrant close monitoring, but the growth in trade debtors suggests potential improvements in cash flow.

Registered in England/Wales under the registration number 00348565, with a registered address at BH21 7PN, Wimborne, Dorset, 5 Cobham Road, Ferndown Industrial Estate.

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