Spectrum Safety Limited

Spectrum Safety Ltd, based in Holmwood, UK, is a small, family-run business with an active status. Founded 22 years ago, the company employs 13 people and holds £2,263,738 in assets. With a real registered address and three directors, two owners, it’s a tight-knit operation boasting a perfect 5.0 Google rating from two reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with just one month of import activity recorded as of August 2024. It also exports plastics and plastic products, with five months of export activity.

The company’s website, infospectrumsafety.net, showcases a wide range of products catering to various industries. From safety workwear and footwear to cleaning supplies and signage, Spectrum Safety Ltd positions itself as a one-stop shop for safety essentials. The site features detailed product descriptions, downloadable safety data sheets, and a dedicated section for corporate clients. It's clear the company is operating as an e-commerce business, with a focus on B2B sales.

Financially, Spectrum Safety Ltd presents a mixed picture. Current assets increased by 11% to £2,300,000, while net assets increased by 5.2% to £1,400,000. Bank borrowings surged by 90%, reaching £93,000, and cash reserves decreased by 2.2% to £960,000. Creditors increased by 20%, suggesting increased reliance on trade credit. 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 stay agile. The accounts are unaudited, likely due to the company's exemption as a small entity.

Overall, Spectrum Safety Ltd seems to be holding its own, with a growing asset base and a solid reputation. The increase in borrowings and decrease in cash reserves, however, warrants close monitoring. It’s a family business with a good rating and a wide range of products, but the financial picture suggests it’s burning through money a little faster than it’s bringing it in.

Registered in England/Wales under the registration number 04606343, with a registered address at S42 5SA, Holmwood, Chesterfield, Unit 11 Hardwick Court, Hardwick View Road.

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