Spenart Controls Limited

Spenart Controls Ltd, based in Stockton On Tees, UK, is a small, active company founded 36 years ago in 1989. With four employees and £455,987 in assets, it's a well-established operation run by four directors and a single owner, who is also the solo founder. The company regularly imports optical and medical tools and devices, with 17 months of import activity recorded, the latest in February 2025.

The company operates as an instrumentation specialist, offering a range of products and services to businesses in the North East of England. Its website highlights a focus on “putting process control in your hands,” providing advice, low prices, free shipping on eligible orders, and loyalty discounts. It even offers next-day delivery. The website also mentions a focus on sourcing exactly what customers need without them having to lift a finger.

Financially, Spenart Controls Ltd presents a mixed picture. Cash bank on hand increased significantly by 62%, reaching £300,000, while trade debtors decreased by a substantial 48%, falling to £130,000. Creditors also saw a decrease of 21%, down to £160,000. However, other taxation and social security payable rose by 79%, reaching £50,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the decrease in debtors could signal some payment issues. The company’s retained earnings accumulated losses increased by 17%, to £340,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Spenart Controls Ltd seems to be holding its own, with a strong cash position, but the increase in other taxation and social security payable is something to watch. The company’s focus on customer service and specialized products suggests a sustainable business model, even if it’s facing some financial headwinds.

Registered in England/Wales under the registration number 02382481, with a registered address at TS18 4AP, Stockton On Tees, 35 Oxbridge Lane, Oxbridge.

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