Spa Aluminium Limited

Spa Aluminium Ltd, based in Tunbridge Wells, Kent, is a small, holding company with an active status. Established 53 years ago in 1971, it employs 23 people and holds assets of £1,774,648. With four directors and three owners, the company operates from a real address and has been importing aluminum and aluminum products regularly for the last 19 months, with the most recent import occurring in February 2025. It exports irregularly, with just one month of export activity recorded back in April 01, 2019.

The company’s core business revolves around the treatment and coating of metals, manufacturing fabricated metal products, and wholesaling metals and ores. It also owns Spa Anodising Limited and Spa Architectural Systems Limited, suggesting a broader involvement in the aluminum processing and construction sectors. Its website is currently unavailable, making it difficult to assess its online presence and direct sales efforts.

Financially, Spa Aluminium Ltd presents a mixed picture. While current assets remain stable at £1,800,000, net assets have increased by 3.4% to £1,200,000. Bank borrowings have decreased by 2.6%, reaching £10,000, and cash reserves have increased by 32%, reaching £550,000. Trade debtors have decreased significantly by 23%, suggesting improved collection practices. However, creditors have increased by 8.6%, reaching £480,000, which could indicate increased reliance on supplier credit. The company meets the criteria for being a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The increase in bank borrowings, despite the overall positive financial trends, warrants further investigation. It's possible the company is investing in new equipment or expanding its operations, but it could also signal increased pressure on cash flow. The directors list was changed four months ago, which is a good sign, suggesting a dynamic management team. Overall, Spa Aluminium Ltd appears to be financially stable, but it’s important to monitor its debt levels and cash flow in the coming months.

Registered in England/Wales under the registration number 01014137, with a registered address at TN2 3EG, Kent, 1 Chapman Way, Tunbridge Wells.

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