Spiral Services Limited

  • Small
  • Holding
  • Active
  • 7 years
  • 10 employees
  • £812,158 (assets)
  • Virtual address
  • 2 directors
  • 2 owners
  • Regular importer
  • Regular exporter

Field of Operation

Other engineering activities
71129 38910 companies

Social media

Summary

Spiral Services Limited, based in Worthing, UK, is a small holding company with an active status, established seven years ago in 2017. The company employs ten people and holds £812,158 in assets, operating from a virtual address shared by sixty-eight other companies. It's led by two directors and two owners, though the ownership list hasn's changed in five years.

The company’s core business revolves around importing and exporting machinery, boilers, and mechanical appliances, including parts. It regularly imports these items, with the last import operation recorded in March 2023, and exports them, with the last export operation in January 2025. It operates within the "other engineering activities" industry.

Looking at the financials, Spiral Services Limited shows some concerning trends. While finished goods for resale remained relatively stable, current assets experienced a 33% decrease to £810,000. Net assets also declined by 19%, settling at £250,000. Bank borrowings, however, saw a significant drop of 41%, reducing to £230,000. Cash reserves, on the other hand, increased dramatically by 620%, reaching £83,000. Creditors also decreased by 36%, suggesting improved debt management. The company's small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity warrants closer attention.

The company’s workforce has also shrunk, with the average number of employees dropping by 40% to just six. This could be a result of restructuring or a shift towards automation. The unaudited financial statements, exempt due to its small size, rely on director-reported data. The lack of a named auditor is typical for companies in this category. Overall, Spiral Services Limited appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 11002964, with a registered address at BN11 1RL, England, Worthing, West Sussex, Amelia House, Crescent Road.

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

Owners & PSC

  • Thomson Neil
  • 5 years
  • 1
  • 25%+
  • Garrick Group Ltd
  • 5 years
  • 75%+

Managers

  • Garrick Douglas Campbell
  • 5 years
  • 2
Director
  • Thomson Neil
  • 5 years
  • 1
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2024-10-25 with no updates
  2. Total exemption full accounts made up to 2023-12-31
  3. Confirmation statement made on 2023-10-25 with no updates

Importer profile by HS codes

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Last imported products

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Buy the list of 21188 UK B2B buyers of machinery, boilers, and mechanical appliances; parts.
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Exporter profile by HS codes

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Last exported products

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Similar exporters

Buy the list of 15126 UK B2B buyers of machinery, boilers, and mechanical appliances; parts.
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  • HS codes
  • Financial data
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*from 99$

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