Speedy Products Limited

  • Holding
  • Holding
  • Active
  • 49 years
  • 109 employees
  • £6,729,992 (assets)
  • Real address
  • 3 directors
  • 1 owner
  • Regular importer
  • Regular exporter
  • Rating 5.0 (8)

Field of Operation

Wholesale of household goods (other than musical instruments) n.e.c.
46499 7551 companies

Social media

Summary

Speedy Products Ltd, a holding company based in Manchester, UK, has been a fixture in the industry for 49 years. Employing 109 people, the company boasts assets of £6,729,992 and maintains a real address. With three directors and one owner, Speedy Products Ltd has earned a stellar 5.0-star Google rating based on eight reviews. The company regularly imports miscellaneous metal items (122 months) and exports wood and wood products (53 months).

Speedy Products Ltd operates as a wholesale distributor, primarily serving trade customers rather than the general public. Its website showcases a vast range of curtain poles, tracks, blinds, and accessories, catering to both residential and commercial needs. The site’s product categories are extensive, from metal poles and bay pole sets to roller blinds, Venetian blinds, and even contract blinds. Notably, the company also offers a range of window blinds, including pleated and blackout roller blinds. The website’s design is clean and functional, with a focus on product display and ease of navigation.

Financially, Speedy Products Ltd presents a mixed picture. Bank borrowings have increased significantly by 60%, reaching £610,000, and cash bank on hand has risen to £400,000. However, creditors have decreased by 22%, suggesting improved debt management. Net assets have grown by 10%, reaching £4,000,000, and retained earnings have remained stable. The company’s fixed assets, however, have decreased by 61%, dropping to £1,400,000. The company’s net loss has remained stable at £720,000. The company’s financial instruments have also seen changes, with accrued liabilities dropping by 75% to £68,000.

The company's auditor is Christian Douglass Accountants Limited. The increased bank borrowings and decrease in fixed assets may indicate investments in new equipment or expansion efforts, while the stable retained earnings suggest ongoing profitability. The company's focus on trade customers and its wide product range position it well within the industry, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 01242000, with a registered address at M6 6WY, Manchester, Speedy House, Cheltenham Street.

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

Owners & PSC

  • Speedy Products Group Ltd
  • 1 year
  • 75%+

Managers

  • Seddon Ivor Henry
  • N/A
  • 9
Ceo
  • Seddon Dean Jeremy
  • 16 years
  • 4
Managing director
Financial director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Group of companies' accounts made up to 2023-12-31
  2. Confirmation statement made on 2024-05-06 with no updates
  3. Cessation of Ivor Henry Seddon as a person with significant control on 2023-11-16

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Last imported products

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