Sprinthand Limited

Sprinthand Ltd from Aylesbury, UK, is a small, active company with a long history, having been founded 41 years ago in 1983. With just four employees and £1,029,658 in assets, it’s a modest operation. The company has a real address and is managed by one director, although no owners are officially listed. It boasts an impressive Google rating of 5.0 based on 27 reviews, and regularly imports machinery, boilers, and mechanical appliances, with the last import activity occurring five months ago.

The company operates in the wholesale of hardware, plumbing and heating equipment and supplies, and also engages in retail sales. It’s unclear if Sprinthand Ltd has an e-commerce presence, as no website was provided.

Financially, Sprinthand Ltd presents a mixed picture. Cash bank on hand has seen a significant increase of 120%, jumping to £350,000, which is a positive sign. However, creditors have risen by 20%, reaching £480,000, and net losses deepened, suggesting the company is burning through cash. Trade debtors have also increased by 15%, which could indicate difficulties in collecting payments. Despite these challenges, the company’s assets have grown by 10%, and equity has increased by 6.3%. The company is small, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). No auditor is mentioned, which is common for small companies.

The company's increasing cash reserves are encouraging, but the rise in creditors and the deeper net losses suggest it needs to manage its expenses carefully. The lack of officially listed owners is unusual, but not necessarily a cause for concern.

Registered in England/Wales under the registration number 01744825, with a registered address at HP21 8NP, Aylesbury, Buckinghamshire, 102 Hampden Gardens, Southcourt.

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