Spl Components Limited

SPL Components Limited, based in Leeds, UK, is a large, active company established 30 years ago. Employing 39 people and generating £9,738,393 in revenue, it's a significant player in the components and accessories market. The company, with five directors and one owner (Baxter Gary Peter), operates from a real address and has a long history of importing miscellaneous metal items (214 months) and exporting furniture, lighting, and prefabricated buildings (21 months).

The company's website showcases a diverse range of products, catering to manufacturers with components, kitchen storage solutions, LED lighting, and office supplies. It’s not an e-commerce site in the traditional sense; instead, it functions as a B2B platform, inviting businesses to request quotes and build bespoke orders. The site highlights services like screw packaging, onsite cutting, and stock holding, indicating a focus on providing value-added support to its manufacturing clients. They even supply to high-end retailers like Harrods.

Financially, SPL Components Limited presents a mixed picture. While turnover remained steady, net assets decreased by 12% to £4,100,000. Bank borrowings decreased by 10% to £810,000, and cash reserves remained stable at £60,000. Creditors decreased by 34% to £640,000, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decrease in net assets warrants attention. The audit firm, Lewis’s Ltd, signed off on the accounts, providing a degree of assurance.

The company’s long history of importing and exporting, coupled with its focus on B2B services, suggests a well-established business model. The decrease in net assets could be attributed to increased investment in inventory or expansion efforts—but it’s something to keep an eye on. Overall, SPL Components Limited appears to be a stable and well-managed company, though its financial performance could benefit from further analysis.

Registered in England/Wales under the registration number 02996246, with a registered address at LS11 5UX, Leeds, Unit 6 Lockwood Park Industrial Estate.

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