Spectrum Supply Limited

Spectrum Supply Limited is a small, active holding company based in Swansea, UK. Founded fourteen years ago in 2010, the company employs thirty-one people and holds assets worth £1,564,346. It operates from a real address and is overseen by three directors and one owner. The business runs an e-commerce site and regularly imports miscellaneous metal items, with nineteen months of import activity recorded. It also exports various textile products, sets, used clothing, and rags, though only for one month.

The company’s website, Spectrum Industrial, showcases a wide range of safety products, including lockout tagout equipment, safety signage, and personal protective equipment. It’s clear that Spectrum Industrial caters to industrial and commercial customers, emphasizing safety solutions and British manufacturing. The site’s blog and news sections highlight industry trends and best practices, reinforcing its expertise in safety management.

Financially, Spectrum Supply Limited’s performance shows some mixed signals. Current assets increased by 14% to £1,600,000, while net assets remained steady at £1,000,000. Trade debtors increased by 60% to £500,000, which could indicate expanded credit terms or delayed customer payments. Creditors also increased by 34% to £980,000. Bank borrowings decreased by 9.3% to £99,000. 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, but the increased trade debtors could be a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Spectrum Supply Limited appears to be a stable, albeit small, business. Its focus on safety products and its e-commerce presence suggest a solid foundation, but the increased trade debtors warrant monitoring.

Registered in England/Wales under the registration number 07317206, with a registered address at SA5 4BT, Wales, Swansea, 31 Ystrad Road, Fforestfach.

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