Spectrum Properties (west) Limited

Spectrum Properties West Ltd, based in Glasgow, UK, is a small holding company with an active status, having been founded 19 years ago. Employing 25 people, the company holds £7,315,047 in assets and operates from a real address at 120 Carstairs Street. With two directors and one owner, it maintains a respectable Google rating of 4.0 based on 17 reviews, and is a regular importer of wood and wood products, having imported for 15 months, the latest operation made in October 2024.

The company's primary focus is the management and letting of commercial property, as evidenced by its website. Spectrum Properties boasts over 700 office, industrial, and workshop units for rent across Glasgow, Edinburgh, and Stirlingshire. The site highlights affordable prices, flexible leases, and a friendly service, catering to businesses of all sizes. The company also has a team of experienced professionals, including a letting manager, office manager, accounts manager, and finance manager, each with a unique skillset and dedication to customer satisfaction.

Financially, Spectrum Properties West Ltd presents a mixed picture. While current assets increased by 35% to £7,300,000, net current assets liabilities decreased by a remarkable 97% to just -£12,000. Bank borrowings increased by 41% to £1,000,000, and trade creditors decreased by 94% to just £21,000. The company's small size (meeting two of three conditions for being a small company) allows for agility, but the increase in debt and decrease in equity suggests potential financial pressures. The company is exempt from an audit, so the figures are unaudited.

The company's growth in debt, while concerning, could be linked to expansion or investment in new properties. However, the decrease in equity raises questions about its long-term financial health. The business seems to be doing well, but needs to be careful.

Registered in Scotland under the registration number SC294782, with a registered address at G40 4JD, Glasgow, 120 Carstairs Street.

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