K.b. Spigot Limited

Spigot Kb Ltd from Southport UK is a small, family-run business with an active status, founded 17 years ago. Employing 49 people, the company holds £2,359,155 in assets and operates from a virtual address, registered to 77 other companies. It’s managed by three directors and owned by two individuals, and boasts a stellar Google rating of 5.0 based on 27 reviews. The company is an irregular importer of live animals, with just one month of imports recorded in 2022.

The company's website, spigotlodge.co.uk, reveals it's the home of racehorse trainer Karl Burke and his wife Elaine. The site focuses on showcasing the training facilities, recent winners, and horses in training, with a dedicated section for horses for sale. It’s clear the business revolves around the training and sale of racehorses, with a strong emphasis on UK prize money and group wins. The site also provides contact information, a location map, and a privacy policy. It's not an e-commerce site; instead, it serves as an online brochure and promotional tool.

Financially, Spigot Kb Ltd presents a mixed picture. Cash bank on hand increased significantly by 76%, reaching £1 million, while current assets also grew by 33% to £2.4 million. However, creditors rose by 40% to £800,000, and net losses deepened. Bank borrowings decreased by 8.6%, suggesting improved debt management. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the increase in creditors could indicate growing operational expenses. No auditor is mentioned, as the company is exempt. The company’s fixed assets increased by 53%, which could be from investment in facilities or equipment. The increase in depreciation impairment property plant equipment by 21.0% could be due to increased wear and tear on the equipment.

Registered in England/Wales under the registration number 06299272, with a registered address at PR9 0PG, United Kingdom, Southport, Merseyside, 55 Hoghton Street.

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