Spin Uk Ltd

  • Small
  • Active
  • 26 years
  • 25 employees
  • £1,784,526 (assets)
  • Real address
  • 7 directors
  • 3 owners
  • Regular importer
  • Regular exporter

Field of Operation

Manufacture of electronic industrial process control equipment
26512 1154 companies
Manufacture of other special-purpose machinery n.e.c.
28990 3368 companies

Website

Social media

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

  • 7 years
  • 50%+
  • 7 years
  • psc
  • 7 years
  • psc

Managers

Technical director
  • 7 years
Secretary
  • 7 years
  • 1
Company secretary
  • 7 years
Engineering director
  • 17 years
  • 1
Managing director
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Last reports

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Download the last confirmation report
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Last news

  1. Accounts for a small company made up to 2023-12-31
  2. Confirmation statement made on 2024-07-08 with no updates
  3. Accounts for a small company made up to 2022-12-31
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Importer profile by HS codes

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Last imported products

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Buy the list of 9587 UK B2B buyers of optical and medical tools and devices.
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Exporter profile by HS codes

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Last exported products

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Buy the list of 6837 UK B2B buyers of optical and medical tools and devices.
  • Company names
  • HS codes
  • Financial data
  • Officers and owners
*from 99$

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