Spedeworth Fabrications 2015 Ltd

Spedeworth Fabrications 2015 Ltd from Aldershot, UK, is a small, active company founded ten years ago in 2015. With four employees and £491,289 in assets, it’s a solo-founded operation managed by a single director and owner. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 38 months of import activity and 10 months of export activity recorded.

The company’s website showcases a wide range of motorsport-related products, from car parts and racing suits to safety equipment and sim racing gear. It operates as an e-commerce site, offering a vast catalog of brands like 3J Driveline, Alpinestars, and Wilwood. The site also features detailed product descriptions, brand information, and a blog with helpful articles. It’s clear Spedeworth Fabrications caters to a niche market of motorsport enthusiasts and professionals.

Financially, Spedeworth Fabrications shows a mixed picture. Current assets have decreased by 14% to £490,000, while net assets have fallen 26% to £270,000. Bank borrowings have increased, and cash reserves have decreased. Trade debtors have risen, suggesting a possible delay in customer payments. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it's exempt from an audit, relying on unaudited financial statements.

The company's focus on imports and exports, combined with the e-commerce platform, suggests a business that’s actively engaged in international trade. However, the decrease in net assets and cash reserves could indicate challenges in managing expenses or converting sales into cash flow. It's likely the company is navigating the complexities of international logistics and competition within the motorsport parts market.

Registered in England/Wales under the registration number 09521856, with a registered address at GU11 2PX, England, Aldershot, Hampshire, Unit 2 Spedeworth House Hollybush Industrial Park, Hollybush Lane.

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