Spencer Hyde Limited

Spencer Hyde Limited is a small, active company based in London, UK, founded 21 years ago in 2004. With £468,382 in assets and a real registered address, it employs twelve people and is managed by two directors and one owner. The company holds a stellar 5.0 Google rating based on a single review. Spencer Hyde Limited regularly imports ceramic products, with five months of import activity recorded, the last in 2017.

The company operates in the accounting and auditing activities industries. Its website, while not providing e-commerce details, suggests a focus on providing financial services. The address is probably virtual as twenty companies registered at the same address.

Financially, Spencer Hyde Limited presents a mixed picture. Current assets decreased slightly by 2.6% to £470,000, while net assets increased by 69% to £110,000. Bank borrowings decreased by 25% to £110,000, and cash reserves fell by 47% to £13,000. Creditors decreased by 6.5% to £290,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in cash reserves is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial statements indicate a focus on managing debt and maintaining a stable asset base, although the decrease in cash reserves suggests a need for careful financial planning. The company's directors changed one month ago, which could be a good sign.

Registered in England/Wales under the registration number 05120483, with a registered address at N3 3HN, 272 Regents Park Road, London.

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