Midland Road Springs Ltd

Midland Road Springs Ltd from Sutton Coldfield UK: a small, active company founded 16 years ago, employs seven people, and holds £927,014 in assets. It’s a family business with five directors and three owners, boasting an impressive Google rating of 5.0 based on 132 reviews. The company regularly imports iron or steel products, with its last import operation occurring in February 2025.

The company specializes in leaf springs and accessories for vehicles, operating both an online store and a physical location. Its website, Leaf Spring Specialists, caters to both light and heavy commercial vehicles, offering a wide range of products and services, including installation and repair. They emphasize savings compared to main dealers and offer next-day delivery, alongside a 12-month warranty on standard parts. They even have a blog with helpful articles, like "When were leaf springs invented?".

Financially, Midland Road Springs Ltd shows a mixed picture. Current assets increased by 29% to £930,000, while net assets grew by 11% to £640,000. However, trade creditors jumped significantly, increasing by 150% to £210,000, suggesting a reliance on credit from suppliers. Cash reserves grew by 18% to £650,000, a positive sign. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited. The substantial increase in creditors may indicate a period of investment or expansion, or perhaps a need to manage cash flow more closely.

Registered in England/Wales under the registration number 06635858, with a registered address at B76 9PY, England, Sutton Coldfield, Rye Farm Ryefield Lane, Wishaw.

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