Spectrum Metrology Limited

Spectrum Metrology Ltd, based in Leicestershire, UK, is a small, active company established 27 years ago. With 11 employees and £689,748 in assets, it's a well-established player in its field. The company, led by a solo founder and overseen by three directors, maintains a real address and boasts a stellar 5.0 Google rating from two reviews. Spectrum Metrology regularly imports and exports optical and medical tools and devices, with 242 months of import activity and 189 months of export activity recorded.

The company's website highlights its specialization in dimensional, surface roughness, and optical measurement systems. It caters to a range of industries, including precision engineering, aerospace, automotive, and medical, offering products and services for dimensional measurement, surface analysis, and optical metrology. It's clear that Spectrum Metrology isn's just a distributor; it offers expertise, taking the time to understand customer applications and offering tailored solutions. The website also showcases events and workshops, demonstrating its commitment to knowledge sharing and industry engagement.

Financially, Spectrum Metrology’s report shows a mixed picture. Current assets increased by a substantial 25% to £690,000, while net assets also rose by 41% to £470,000. However, bank cash decreased by 48% to £37,000, suggesting that the company is reinvesting in its business. Trade debtors increased significantly by 55%, which could indicate expanding sales but also potential challenges in collecting payments. Advances to directors rose dramatically, by 1000%, to £24,000, which might be linked to investment or operational needs. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants monitoring. The report doesn't mention an auditor, likely due to its status as a small company.

Overall, Spectrum Metrology appears to be a healthy, growing business, but the decrease in cash reserves and the increase in trade debtors should be watched closely. The company’s focus on specialized measurement solutions and its commitment to customer service position it well for continued success.

Registered in England/Wales under the registration number 03553892, with a registered address at LE4 9EU, Leicestershire, Unit 8 Ireton Avenue, Leicester.

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