Spiral Cellars Limited

Spiral Cellars Limited, based in Cannock, UK, is a small holding company with an active status. Founded twenty years ago in 2004, it employs thirty-five people and holds £2,091,954 in assets. The company operates from a real address, with one director and one owner reported. It's an irregular importer of furniture, lighting, and prefabricated buildings (two months of imports recorded, the last in September 2023) and a regular exporter of iron or steel products (fifty-four months of exports, the last in January 2025).

The company’s website doesn’s offer much detail, so it’s difficult to know exactly what they’re doing beyond the import/export activities. It seems to operate in the electrical installation industries.

Financially, Spiral Cellars Limited shows some concerning trends. Net assets decreased by 6.8% to £890,000, while cash reserves dropped 42% to £300,000. Bank borrowings remained steady at £200,000, but trade creditors decreased significantly by 56%, 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 remain agile. However, the decrease in intangible assets, particularly goodwill, is notable. The company is exempt from an audit as a small company, so the figures are unaudited.

The decrease in assets and cash reserves could be due to increased operational expenses or investments in new equipment, but it's worth monitoring. The decrease in creditors suggests they're managing their short-term liabilities well, but the overall picture indicates a company facing some financial pressure.

Registered in England/Wales under the registration number 05179010, with a registered address at WS11 0XT, England, Cannock, 11 Hawkins Drive, Cheslyn Hay.

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