Spa Laminates Limited
- Small
- Active
- 50 years
- 26 employees
- £1,450,851 (assets)
- Real address
- 5 directors
- 3 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Spa Laminates Ltd, a small, family-run business, has been active for fifty years, serving the wood and wood products industry. Founded in 1974 and based in Leeds, the company employs 26 people and holds assets totaling £1,450,851. With five directors and three owners, it operates from a real address and regularly imports (22 months) and exports (5 months) wood and wood products.
The company's website doesn't offer much insight into its operations beyond its core business. There's no e-commerce presence or detailed product catalog visible, suggesting a business-to-business model focused on supplying wood and wood products rather than direct retail.
Financially, Spa Laminates Ltd shows some concerning trends. While turnover remains undisclosed, net assets have fallen by 3.7% to £1,800,000, and cash reserves have declined by 16% to £310,000. Bank borrowings have also decreased by 5%, which is a positive sign. Creditors have fallen by 1.1%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity raises questions about its long-term financial health. No auditor is mentioned, which is expected for a small, exempt company.
The company's financial data indicates a possible slowdown in operations. The significant decrease in net assets, despite a reduction in bank borrowings, suggests that the company may be burning through cash reserves. While the decrease in creditors is a positive sign, it's not enough to offset the overall negative trends. It’s possible that the company is facing increased competition or experiencing supply chain issues, which could be impacting its profitability.
Registered in England/Wales under the registration number 01188511, with a registered address at LS10 2TH, 59 Pepper Road, Leeds.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 14 years
-
Resident of United Kingdom
-
Individual
- 22 years
- 1
-
Resident of United Kingdom
-
Individual
- 30 years
- 1
-
Resident of United Kingdom
-
Individual
- 30 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-03-31 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 14 pages pdf report
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Confirmation statement made on 2024-03-31 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Spa Laminates Limited
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