Spaw Engineering Limited

Spaw Engineering Ltd, based in Leicester, UK, is a well-established company with a 59-year history, currently employing 86 people. The company boasts £3,966,038 in assets and generates a yearly revenue of £12,378,861. It's a large company, meeting two of three criteria: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. The company is active and has two directors and one owner, with a respectable Google rating of 4.0 based on 21 reviews.

Spaw Engineering operates as both an importer and exporter of machinery, boilers, and mechanical appliances, including parts. They import these items irregularly, with the last import operation occurring in November 2024, and export regularly, with the last export operation in January 2025. The company’s website details a diverse range of engineering services, including machining, assembly solutions, and specialist component manufacturing, serving industries like power generation, off-highway, construction, and automotive. They even have several subsidiary companies, like Woolley GMC and Bridge Aluminium Burton Latimer, each with their own specializations. The Shield Group, the parent company, is one of the largest engineering groups in the UK.

Financially, Spaw Engineering Ltd presents a mixed picture. While revenue remains strong, several key metrics have declined. Current assets have decreased by 8%, while net assets have fallen by 11%. Bank borrowings have seen a significant drop, and cash reserves have also declined by 14%. However, creditors have decreased, suggesting improved debt management. The company’s property, plant, and equipment has also seen a decrease. The lack of an auditor mentioned suggests the company is exempt from an audit. It's clear the company is facing some financial pressure, although it continues to operate and serve its customers.

Registered in England/Wales under the registration number 00852576, with a registered address at LE7 1NL, England, Leicester, Leicestershire, 365 Fosse Way, Syston.

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