Spicer Warin Ltd

Spicer Warin Ltd, based in London, UK, is a small, active company founded fifteen years ago in 2009. With two employees and £3,047,098 in assets, it operates from a virtual address, a bit unusual as eleven companies are registered at the same location. Two directors and two owners—Spicer Annabel Juliet and Spicer Richard Eric—manage the family business. The company regularly imports and exports art and antiques, with 8 months of import activity and 14 months of export activity recorded. It's also involved in other retail sale not in stores, stalls or markets.

The company’s website, Spicer Warin, focuses on showcasing jewellery, using cookies to improve the user experience. It offers viewing rooms and contact information, and emphasizes its commitment to privacy through its cookie policy. The site uses a simple design, with a focus on images and a clear navigation menu. It's a fairly basic e-commerce presence, suggesting a focus on personal sales and relationships rather than a high-volume online operation.

Financially, Spicer Warin Ltd presents a mixed picture. Cash bank on hand increased by a healthy 39% to £250,000, a positive sign, but trade debtors have jumped significantly—99% increase to £640,000. This could indicate increased sales but also potential issues with collecting payments. Creditors have also risen by 52%, reaching £630,000, and net assets have increased by a modest 2.4% to £2.1 million. Bank borrowings have also seen a large increase of 99% to £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the rise in debtors and borrowings warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Spicer Warin Ltd appears to be a stable, albeit small, operation. The increase in debtors is something to keep an eye on, but the company's strong cash position and family ownership suggest it has the resilience to navigate any challenges.

Registered in England/Wales under the registration number 07104558, with a registered address at N19 4DR, England, London, 465c, Unit 2 Hornsey Road.

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