Select International Products Limited

SPI Select Products Ltd, based in Torbay, Devon, is a small, active company with a 29-year history. Employing seven people and holding £2,300,000 in assets, it operates from a real address and is overseen by three directors and a single owner. The company specializes in plumbing consumables and related products, regularly importing and exporting basic metal tools and utensils – 24 months of import activity and 17 months of export activity recorded.

The company's website highlights its distribution network, supplying specialist independent merchants across the UK. It offers a wide range of products, from plumbing accessories to access panels and even tool belts. A key focus is on providing a comprehensive catalogue and efficient service, with a particular emphasis on supplying plastic and metal access panels, meter boxes, and plumbing consumables. The website also showcases partnerships with well-known brands like Loctite, Rothenberger, and Ridgid.

Financially, SPI Select Products Ltd presents a mixed picture. Current assets have decreased by 7.8% to £2,300,000, and net assets have fallen 6.9% to £2,300,000. Cash bank on hand has also declined by 8.8% to £2,200,000. However, creditors have decreased by 7.3%, suggesting improved management of short-term liabilities. Trade debtors have increased by 8.5%, which could indicate expanding sales but also potential challenges in collecting payments. The company’s small size—meeting two of three conditions for a small company—helps it maintain agility, but the decline in equity warrants closer attention. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, SPI Select Products Ltd seems to be navigating a period of change. While its distribution network and product range appear strong, the financial data suggests a need to carefully manage cash flow and maintain a focus on profitability.

Registered in England/Wales under the registration number 03057483, with a registered address at S43 4UZ, United Kingdom, Chesterfield, Select Ip House Magnet Business Park, High Hazels Rd.,, Barlborough Links.

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