Spicer Consulting Limited

Spicer Consulting Ltd from Stewartby UK is a small holding company with an active status, having been founded 24 years ago in 2001. The company employs 43 people and operates from a real address, overseen by five directors and one owner. It regularly imports electrical machinery and equipment (for 18 months) and exports optical and medical tools and devices (for 91 months). The company's activities include the manufacture of electronic measuring equipment, research into biotechnology, and development in natural sciences and engineering industries.

The company’s website doesn’t offer much insight into its operations beyond its core business. There’s no indication of e-commerce or direct sales to consumers. It seems the company functions primarily as a business-to-business supplier, focusing on specialized equipment and services.

Financially, Spicer Consulting Ltd presents a mixed picture. While bank borrowings have increased significantly by 85% to £790,000, indicating a need for capital, there are also some positive signs. Creditors decreased by 21%, suggesting better debt management. However, net assets have fallen by 35% to £430,000, and accumulated depreciation has increased by 70% to £140,000. It’s worth noting that the company’s average number of employees increased by 16% to 50, which could be a factor in the rising expenses. The company meets two of the three conditions to be considered small, with turnover under £10.2 million and balance sheet total under £5.1 million. The lack of an auditor mentioned is likely due to its small size and exemption from audit requirements.

The increase in bank borrowings and the decrease in net assets are concerning, but the decrease in creditors suggests the company is managing its short-term liabilities effectively. The increase in employees could be a sign of growth, but it also means higher payroll costs. Overall, Spicer Consulting Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 04150975, with a registered address at MK43 9ND, Stewartby, Bedfordshire, Eden Laboratory, Broadmead Road,.

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