Spyl Uk Limited

Spyl Uk Ltd from London UK is a small, active company founded seven years ago, in 2017. It employs just two people and holds £48,218 in assets. The company is led by a single director and owner, who also serves as the solo founder. Spyl Uk Ltd regularly exports clothing and accessories, excluding knitted or crocheted items, with 85 months of export activity recorded, the last operation occurring in January 2025.

The company operates in the retail sale via mail order houses or via internet industries, and its website showcases a focus on security solutions. It offers burglar alarms, CCTV, fire protection, and access control systems, targeting both homeowners and businesses. The site highlights services like maintenance, monitored alarms, and smart home integration, emphasizing expertise and customer support. It also features a Spy Academy section, suggesting training or educational content related to security.

Financially, Spyl Uk Ltd presents a mixed picture. Current assets decreased by 3.3% to £48,000, while net current assets liabilities increased by 76% to £4,600. Cash bank on hand plummeted 93% to just £280, a significant drop. Trade debtors decreased by a substantial 67%, suggesting improved collection efforts. However, merchandise increased considerably to £15,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 70 employees) allows for agility, but the sharp decline in cash reserves raises concerns. There’s no auditor mentioned, likely due to its status as a small company.

The company's financial statements are unaudited, and the significant decrease in cash reserves may indicate that Spyl Uk Ltd is burning through money. While the business seems to be active and well-positioned in the security sector, the financial data suggests a need for careful management and potentially, a review of operational costs.

Registered in England/Wales under the registration number 10831533, with a registered address at NW9 4FG, England, London, Flat 90 Fermont House, 15 Beaufort Square.

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