Sprint Electric Limited
- Small
- Holding
- Active
- 37 years
- 19 employees
- £1,983,224 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Social media
Summary
Sprint Electric Ltd, based in Arundel, UK, is a small holding company with an active status, celebrating 37 years in business. Employing 19 people, the company holds £1,983,224 in assets and operates from a real address, overseen by three directors and two owners. It runs an e-commerce site and regularly imports and exports electrical machinery and equipment—36 months of import activity and 215 months of export activity, with the latest operations both occurring in February 2025.
The company specializes in industrial motor control technology, offering a range of DC and AC drives, and serving industries like metals, paper, plastics, and entertainment. Its website highlights a "Smart Configurator" for product selection and showcases various product ranges, technical support resources, and distributor information. A recent announcement details the upcoming launch of a new web shop, aiming to provide customers with a fast and responsive way to order products. The company has also appointed new staff to bolster its engineering team. A cost-effective control solution for external thyristor power stacks has also been released.
Financially, Sprint Electric Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £2,000,000, net assets actually decreased by 23% to £1,800,000. Bank borrowings increased significantly, reaching £290,000, while cash reserves fell by 34% to £160,000. Creditors also decreased by 16%, which is a positive sign. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the decline in equity raises questions about its financial health. The lack of an auditor, likely due to its small size, means the figures are unaudited. It’s clear that Sprint Electric Ltd is navigating a period of change, with both growth opportunities and financial challenges ahead.
Registered in England/Wales under the registration number 02160651, with a registered address at BN18 0DF, United Kingdom, Arundel, West Sussex, Peregrine House Ford Lane, Ford.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Prescott Edwin John
- 7 years
- 3
- psc
-
Resident of United Kingdom
-
Corporate
- Sprintroom Ltd
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Prescott Edwin John
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- Gardiner Mark David
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- Keen Gary
- 16 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted sixteen days ago.
Last news
-
Confirmation statement made on 2025-04-16 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-10-31Download 10 pages pdf report
-
Confirmation statement made on 2024-04-16 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Sprint Electric Limited
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