Spacio Ltd.

Spacio Ltd from Chelmsford UK: a small holding company with an active status, was founded fifteen years ago in 2009. The company employs nine people and holds £2,967,678 in assets. It has a real address, two directors, and one owner. Spacio Ltd is a regular importer of furniture, lighting, and prefabricated buildings, with eight months of import activity recorded, the last operation made on May 01, 2024.

The company operates in the construction and design industries, offering a range of workplace design and build services. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website, studiospacio.co.uk, showcases projects for various clients, including Rickard Luckin and Gepp Solicitors, highlighting its expertise in creating inspiring workplaces. The site emphasizes a collaborative process, focusing on the human element and brand personality to enhance productivity and comfort. The company also has a blog with industry insights.

Financially, Spacio Ltd presents a mixed picture. Cash bank on hand dropped 18% to £970,000, while current assets increased by 44% to £3,000,000. However, trade debtors rose significantly by 130% to £2,000,000, which could indicate challenges in collecting payments. Bank borrowings increased by 2400%, reaching £29,000. The number of employees increased by 33% to twelve. Creditors decreased by 8.8% to £920,000. It’s worth noting that the company’s equity increased by 67% to £2,100,000. The lack of an auditor is typical for a small company, and the financial statements are unaudited.

The company’s increased debt and rising debtors suggest it may be burning through cash to fuel growth, although the increase in equity is a positive sign. It’s likely that the company is investing in new projects or expanding its operations, which could explain the financial pressures.

Registered in England/Wales under the registration number 07015959, with a registered address at CM2 9TE, United Kingdom, Chelmsford, Essex, 12 Beehive Business Centre, Beehive Lane.

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