Spi Global Play Ltd
- Small
- Holding
- Active
- 53 years
- 59 employees
- £4,859,144 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Spi Global Play Ltd from Wrexham Industrial Estate UK is a small holding company with an active status, founded 53 years ago. The company employs 47 people and holds £2,220,187 in assets, operating from a real address with two directors and one owner. It’s a regular importer and exporter of toys, games, and sports equipment, having imported for 109 months and exported for 13 months.
The company operates within the other amusement and recreation activities n.e.c. industries, and is a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company’s financial reports, audited by M. D. Coxey and Co. Limited, reveal some interesting trends. While net assets increased by 11% to £210,000, cash reserves decreased by 30% to £620,000. Bank borrowings fell by 22% to £360,000, and trade debtors increased by 100% to £240,000. The company’s financial statements also show a decrease in deferred tax liabilities by 7%.
The company’s financial data suggests a period of transition. The increase in trade debtors could indicate a strategy to boost sales through extended credit terms, but it also carries the risk of delayed payments. The decrease in cash reserves, while concerning, may be due to investments in inventory or marketing efforts to support growth. The company’s reliance on a single owner, Gaspi Holding Ab, could also present a risk if the relationship were to change.
The company’s website, while not fully developed, indicates a focus on wholesale distribution of toys, games, and sports equipment. It’s unclear if the company is engaged in e-commerce, but the website’s design suggests a business-to-business model. Overall, Spi Global Play Ltd appears to be a stable, albeit small, company navigating the challenges of a competitive market.
Registered in England/Wales under the registration number 01041364, with a registered address at LL13 9QA, Wrexham Industrial Estate, Wrexham, Unit C Spectrum Industrial Park, Bridge Road South.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 1
- 75%+
-
Resident of Sweden
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 13 years
- 1
-
Resident of Sweden
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Accounts for a small company made up to 2024-12-31Download 11 pages pdf report
-
Registration of charge 010413640009, created on 2025-02-19Download 30 pages pdf report
-
Cessation of Global Leisure Group Ab Sweden as a person with significant control on 2016-04-06Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Spi Global Play Ltd
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