Sprint Door Systems Limited

Sprint Door Systems Limited, based in Berkhamsted, UK, is a small, active company founded eleven years ago in 2014. With 18 employees and £425,226 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a respectable Google rating of 4.0 based on six reviews. It’s an irregular importer, primarily dealing in iron or steel products, with recent activity recorded just two months ago.

The company’s core business involves the installation of industrial machinery and equipment. While a website isn’t readily available, this suggests a B2B focus rather than direct consumer sales. It also owns a company, Sprint Door Systems Midlands Limited, indicating potential expansion or diversification into a wider geographic area.

Financially, Sprint Door Systems Limited presents a mixed picture. Current assets have decreased by 12% to £430,000, while net assets have fallen a significant 58% to £58,000. Bank borrowings have increased slightly, and cash reserves remain steady at £140,000. Creditors have risen by 10%, and trade debtors have fallen by 19%, which could be a sign of improved collection practices. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity is concerning. No auditor is mentioned, likely due to its status as a small company, meaning the figures are unaudited.

The company’s irregular import activity and the decrease in net assets suggest it may be facing some financial pressures, although its steady cash reserves offer some buffer. It’s possible the company is reinvesting in equipment or expanding operations, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 08924634, with a registered address at HP4 1HL, England, Berkhamsted, Herts, Unit 2 River Park Ind Estate, Billet Lane.

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