Spin Uk Ltd
- Small
- Active
- 26 years
- 25 employees
- £1,784,526 (assets)
- Real address
- 7 directors
- 3 owners
- 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
Spin Uk Ltd, based in Worcester, UK, is a small, active company founded 25 years ago in 1999. With 25 employees and £1,784,526 in assets, it's a well-established player. The company, managed by seven directors and three owners, operates from a real address and regularly imports and exports optical and medical tools and devices—17 months of exports versus 3 months of imports.
The company's website highlights its expertise in mechanical and electrical engineering, offering solutions for industry since 1999. It emphasizes creativity, collaboration, and innovation, providing design and manufacturing capabilities. The site showcases a range of services, including design, manufacturing, and project management, targeting niche engineering challenges. There's also a section dedicated to news and company history, alongside a link to a related group.
Financially, Spin Uk Ltd shows a mixed picture. Current assets decreased by 13% to £1,800,000, while net assets increased by 19% to £1,200,000. Bank borrowings increased slightly, and cash reserves fell by 48% to £310,000. Creditors decreased by 40%, suggesting better debt management. 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 agile, but the decrease in cash reserves warrants attention. The company’s unaudited financial statements, prepared using CCH Software, do not mention an auditor, likely due to its small size.
The company’s focus on specialized engineering solutions, coupled with its long-standing presence, suggests a resilient business. However, the declining cash reserves indicate a need for careful financial management, and it's worth noting that the company’s growth appears to be reliant on its ability to secure new projects and maintain strong customer relationships.
Registered in England/Wales under the registration number 03802881, with a registered address at WR2 5HP, Worcester, Worcestershire, Oak House, Bromyard Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 50%+
-
Resident of Spain
-
Individual
- 7 years
- psc
-
Resident of United Kingdom
-
Individual
- 7 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of Spain
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 1
-
Resident of United Kingdom
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Accounts for a small company made up to 2023-12-31Download 11 pages pdf report
-
Confirmation statement made on 2024-07-08 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2022-12-31Download 11 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Spin Uk Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!