Spex Uk Limited

Spex Uk Limited is a small, active company based in London, UK, founded three years ago in March 2022. It employs just one person and holds £292,943 in assets, operating from a virtual address shared by over a thousand other companies. The business is led by three directors and owned by Mascull Roger Thomas, who is also the solo founder. Spex Uk Limited is an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with the last import operation recorded just one month ago in September 2024. The company operates in the retail sale of medical and orthopaedic goods in specialised stores.

The company's website showcases a different story—a specialized service provider and innovator of energetics products. SPEX Innovation, Engineering, and Product Development focuses on serving the oil and gas industry, offering solutions like explosive pipe recovery, downhole decommissioning, and wellhead abandonment. They provide consultancy, bespoke mechanical design, and advanced analysis, catering to offshore operations and offering training services. The company even has a showroom in Harrods, London.

Financially, Spex Uk Limited shows a mixed picture. Current assets have increased significantly, jumping 280% to £290,000, while net losses have deepened to -£88,000. Bank borrowings have surged by 980%, reaching £65,000, and cash reserves have increased by 980%, reaching £65,000. Trade debtors have also increased by 180%, suggesting a potential issue with customer payments. 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 nimble, but the equity drop raises questions. The company’s unaudited financial statements, prepared by CCH Software, are exempt from audit under the Companies Act, relying on director-reported data.

Registered in England/Wales under the registration number 13995172, with a registered address at WC2A 2JR, United Kingdom, London, 7 Bell Yard.

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