Spey Designs Ltd

Spey Designs Ltd, based in Paisley, UK, is a small, active company founded 10 years ago. With a single employee and £13,004 in assets, it’s a modest operation led by one director and owner, James Darren. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, Spey Projects, reveals a focus on engineering, fabrication, and installation services, particularly within the malt whisky industry – a nod to its location in Speyside. They offer design, fabrication, and installation services, catering to clients throughout Scotland and the rest of the UK. The site highlights expertise in pipework installation and boasts accreditations like CE Mark and ISO 9001, suggesting a commitment to quality and safety. It's clear they're aiming for a “one-stop shop” solution for engineering projects, utilizing CAD software and offering 3D modelling and animation services. They even list major clients, including some of the world’s leading alcoholic beverage companies.

Financially, Spey Designs Ltd presents a mixed picture. While current assets increased slightly to £13,000, net assets remained negative at -£3,700. Bank borrowings are stable, and creditors also held steady. Cash reserves are at £1,200, a considerable increase from the previous year. 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 ongoing negative equity is something to watch. As a small company, it’s exempt from an audit, so the figures are unaudited. It’s a little bit strange that there's no mention of a turnover figure anywhere.

Registered in Scotland under the registration number SC489351, with a registered address at PA1 3RB, Paisley, Renfrewshire, 15/1 Greenlaw Avenue.

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