Spot Promotions Limited

Spot Promotions Ltd from Bury UK: a small, active company founded 22 years ago, employs 14 people, and holds £6,674,310 in assets. It's a family business with three directors and two owners, operating an e-commerce site and boasting a 2.0 Google rating from 12 reviews. The company regularly imports and exports electrical machinery and equipment—229 months of imports and 23 months of exports recorded.

The company's activities involve retail sale via mail order houses or via internet, and the activities of exhibition and fair organisers. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The address is probably real, with only two companies registered at the same location.

Financially, Spot Promotions Ltd shows some interesting trends. Cash reserves have increased dramatically by 450%, reaching £3.5 million—a positive sign. However, net losses deepened from -£10,000 to -£23,000, while trade debtors ballooned by 52%, suggesting delayed customer payments or expanded credit terms. Creditors increased by 270%, reaching £2.9 million, and bank borrowings surged by 2,400%, reaching £29,000. Despite these challenges, the company’s assets have increased by 140%, reaching £6.7 million. The company's property, plant, and equipment has decreased slightly by 2.3%, reaching £1.3 million.

The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements. Overall, Spot Promotions Ltd seems to be navigating a period of growth and change, with increased cash reserves offset by rising debt and losses.

Registered in England/Wales under the registration number 04508493, with a registered address at BL9 0FU, England, Bury, Unit D4, Chamber Hall Business Park.

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