Travel Spot Llp

Travel Spot LLP, based in Stevenage, UK, is a small, active limited liability partnership established eighteen years ago in 2007. The company, with thirteen employees and £690,651 in assets, operates from a virtual address—eleven other companies share the same address, raising questions about its physical presence. Five directors manage the business, but there are no registered owners. The firm regularly imports clothing and accessories made by knitting or crocheting (ten months of activity) and exports electrical machinery and equipment (eight months).

The company’s website, Travel Spot Motoring, caters to UK motorists driving to and from the Continent, offering a range of products including European Motoring Kits, headlamp adaptors, breathalysers, and parking permits. The site emphasizes safety and legal compliance, with sections dedicated to driving regulations and essential equipment. It’s clear the company is focused on a niche market—motorists traveling across Europe—and leverages its website to provide advice and sell related products.

Financially, Travel Spot LLP presents a mixed picture. Current assets have decreased significantly by 29%, dropping to £690,000, while bank cash fell 25% to £50,000. Trade debtors have also taken a hit, decreasing by 42% to £450,000. However, creditors have decreased by 35%, suggesting improved debt management. The company’s size—meeting two of three criteria for a small company—allows for agility, but the decline in assets is noticeable. Prepayments and accrued income have increased by 28%, which may be a temporary boost. The company’s accounts are unaudited and exempt, which is typical for small LLPs.

Overall, Travel Spot LLP seems to be navigating a period of financial adjustment. While the business has a clear focus and a well-designed website, the decline in assets warrants attention. Whether the company can maintain its position in the European motoring market remains to be seen, but its niche focus and online presence offer potential for future growth.

Registered in England/Wales under the registration number OC325353, with a registered address at SG1 2EF, England, Stevenage, Hertfordshire, Suite 3 Middlesex House, Rutherford Close.

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