Spencer Grace Limited

Spencer Grace Ltd, based in Rochdale, UK, is a small, active company founded eleven years ago. It employs five people and holds £271,888 in assets, operating from a virtual address shared by forty-seven other companies. The business is led by one director and owner, Buckley Daniel Spencer. Spencer Grace is a regular importer of electrical machinery and equipment, with six months of import activity recorded.

The company's website paints a picture of a creative communications firm specializing in storytelling and business development. It positions itself as a "Corporate Poet and Cutter of C.R.A.P.," offering services like copywriting, branding, and coaching to help businesses communicate more effectively. The site highlights its expertise in areas like marketing, internal communications, and leadership development, catering to a wide range of clients from various industries. It even offers a "Story Mode" program, a storytelling and creativity program aimed at helping businesses tell better stories.

Financially, Spencer Grace Ltd shows some concerning trends. Net assets have plummeted 93%, falling to just £1,300, while cash reserves have dropped a staggering 95%, leaving only £370. Bank borrowings have increased by 34%, reaching £160,000, and creditors have also risen, suggesting increased debt. On a brighter note, trade debtors have increased by 14%, potentially reflecting stronger sales. 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 for agility, but the dramatic equity decline warrants attention. With no auditor mentioned, the figures are unaudited. It’s likely that the company is burning through cash faster than it’s generating revenue, but the creative services sector can be volatile, and a strong client base could turn things around.

Registered in England/Wales under the registration number 08927336, with a registered address at OL16 1PJ, Rochdale, Lancashire, Park House, 200 Drake Street.

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