Spunhill Limited

Spunhill Ltd from Ellesmere UK: a small, active company founded 40 years ago, employs 25 people, and holds £3,168,377 in assets. It’s a family business with a Google rating of 4.0 based on seven reviews, and regularly imports plastics and plastic products – 10 months worth, with the latest import in June 2024. The company operates in the wholesale of agricultural machinery, equipment, and supplies, and has a real address with two companies registered there.

The company’s website, spunhill.co.uk, showcases a wide range of products catering to amenity, garden, crop, farm, equestrian, pet, and poultry needs. It’s a one-stop shop for farmers and rural businesses, with sections dedicated to lambing essentials, milking essentials, crop management, and more. The site also features a dedicated e-commerce platform, allowing customers to purchase products online.

Financially, Spunhill Ltd presents a mixed picture. While cash reserves increased by a healthy 13% to £1.1 million, net assets only grew by 7.6% to £3.5 million. Bank borrowings decreased slightly, but trade debtors increased significantly – 12% to £2 million. Interestingly, other debtors surged by a massive 180% to £1.2 million. The company's size qualifies it as small (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), and it appears to be holding its own, but the increase in debtors suggests potential challenges in collecting payments. The company’s accounts are unaudited, likely due to its small size, and there’s no auditor mentioned.

Despite the mixed financial signals, Spunhill Ltd seems to be a well-established player in its niche market, with a strong online presence and a loyal customer base. The company’s family ownership and long history suggest a commitment to quality and service, and its range of products caters to a diverse range of agricultural and rural needs.

Registered in England/Wales under the registration number 01864235, with a registered address at SY12 0EW, Ellesmere, Shropshire, Langshaw House, Ellesmere Business Park.

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