Surespa Ltd

Surespa Ltd from Winchester UK: a small, active company established a decade ago, employs three people, and holds £124,341 in assets. Operating from a virtual address, the firm is led by one director and owner. It’s an irregular importer of natural and modified starches, glues, and enzymes, with just one month of imports recorded.

The company’s website, surespa.co.uk, showcases a focus on hot tub water treatment. It’s a specialist retailer selling chemicals, aromatherapy products, and filters, primarily through online sales. The site highlights its expertise in hot tub care, with sections dedicated to water balancing, scale prevention, and filter maintenance. It also offers a range of replacement filters and accessories, catering to both new and experienced hot tub owners. The site’s design is clean and user-friendly, with a focus on product information and customer support.

Financially, Surespa Ltd’s performance shows some concerning trends. Current assets have fallen by 30% to £120,000, and net assets have dropped significantly by 44% to £49,000. Bank borrowings have increased by 21%, reaching £14,000, while cash reserves have risen by a healthy 56% to £22,000. Creditors have decreased by 10%, suggesting better debt management, but the drop in equity is a notable point of concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests it might be burning through cash. No auditor is mentioned, which is typical for small companies.

Overall, Surespa Ltd appears to be navigating a period of financial pressure. While its online presence is professional and its niche focus is clear, the declining equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 09246055, with a registered address at SO23 9EH, England, Winchester, Southgate Chambers, 37-39 Southgate Street.

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