Spedo (uk) Limited

Spedo Uk Ltd from Norwich UK: a small, family business, is active and has been around for 34 years, founded in 1991. With 12 employees and £2,176,235 in assets, it operates from a real address and is managed by three directors and two owners. The company is known for importing machinery, boilers, and mechanical appliances, parts (though irregularly, with just 2 months of import activity), and regularly exporting the same items (a robust 141 months of export activity).

Spedo’s core business revolves around manufacturing and supplying forms cutters, slitter mergers, stackers, and related equipment—a niche market served through both direct sales and an international distributor network. Their website highlights a focus on high-quality components, reliability, and comprehensive technical support. They even offer handwriting solutions for personalized applications.

Looking at the financial data, Spedo’s bank balance has increased by a healthy 15%, reaching £1.4 million. However, net losses deepened from -£15,000 to -£30,000, suggesting increased operational costs. Trade debtors have also risen significantly by 55%, which could indicate challenges in collecting payments. Despite this, creditors have decreased by 6%, showing some improvement in debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Spedo Uk Ltd appears to be a stable, albeit slightly challenged, business. While increased costs have impacted profitability, its strong export history and focus on specialized equipment suggest a resilient model. It's a family-run operation with a long history and a clear niche in the forms processing equipment market.

Registered in England/Wales under the registration number 02610504, with a registered address at NR16 1JW, Norwich, Norfolk, Horsenford Farm Long Lane, Forncett St Mary.

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