Spencer-carter Limited

Spencer-Carter Limited, based in Cornwall, UK, is a small holding company with an active status. Founded 27 years ago in 1997, the company employs 20 people and operates from a real address on the Tregoniggie Industrial Estate in Falmouth. It's led by three directors, including Carter Richard Mark, and owned by Spencer Carter Holdings Ltd. Spencer-Carter Limited runs an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 10 months of import activity and 9 months of export activity recorded. The company operates in the support activities for animal production industries.

The company’s website highlights its focus on manufacturing hydraulic winch equipment for fishing and marine use. While small, it's clearly aiming to carve out a niche in the market.

Financially, Spencer-Carter Limited presents a mixed picture. Cash reserves increased by a significant 23%, reaching £940,000, which is good news. However, net assets also increased by 3.8% to £1,100,000. Bank borrowings jumped considerably, rising to £110,000, which could indicate investment or increased operating expenses. Creditors also increased by 44%, suggesting a need to manage debt effectively. The company’s size—meeting two of three criteria for being a small company—allows for agility, but the rise in debt warrants attention. The company’s average number of employees during the period decreased by 10%, from 20 to 18. The company’s assets decreased by 15%, from £39,000 to £33,000.

The company is exempt from an audit as a small company, so the figures are unaudited. It’s clear that Spencer-Carter Limited is navigating a period of change, balancing growth with financial management.

Registered in England/Wales under the registration number 03433308, with a registered address at TR11 4SN, Cornwall, Tregoniggie Industrial Estate, Falmouth.

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