Spindle Services Limited in Coventry, CV6 5RY

Description

Data updated on: 01-11-2023

Spindle Services Limited is officially located at Coventry at 9 And 10 Central City Industrial Estate. Anyone can look up this business by the post code - CV6 5RY. The enterprise has been in business on the UK market for 35 years. The firm is registered under the number 02442279 and its last known state is active. twenty nine years from now this business switched its registered name from Spindle Reconditioning Services to Spindle Services Limited. This firm's registered with SIC code 28490 which stands for Manufacture of other machine tools. Friday 31st March 2023 is the last time when company accounts were reported.

Given this particular company's constant growth, it was necessary to formally appoint additional directors: Daniel E. and Simon E. who have been participating in joint efforts since 2022 to fulfil their statutory duties for this specific company. In order to support the directors in their duties, this specific company has been utilizing the skills of Simon E. as a secretary since 2011.

Previous company's names
Spindle Services Limited 1995-01-03
Spindle Reconditioning Services Limited 1989-11-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	50 770	74 901	15 293	52 941	32 757	94 141	11 759	9 224
Current Assets	471 602	476 665	529 791	650 480	598 759	510 692	499 040	550 294
Debtors	261 986	244 750	316 924	339 103	322 149	197 507	262 462	329 179
Net Assets Liabilities	296 702	314 710	290 975	315 644	310 479	291 310	276 388	291 565
Property Plant Equipment	123 539	97 503	104 230	156 783	151 383	143 517	129 214	117 780
Total Inventories	158 846	157 014	197 574	258 436	243 853	219 044	224 819	211 891

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	188 325	217 114	232 318	253 438	281 541	308 044	332 055	354 496
Average Number Employees During Period	18	17	14	16	17	14	14	14
Creditors	21 198	7 066	13 708	38 088	19 348	47 664	35 094	22 524
Disposals Decrease In Depreciation Impairment Property Plant Equipment			2 439				1 300	1 724
Disposals Property Plant Equipment			2 900				1 300	4 000
Finance Lease Liabilities Present Value Total		21 198	857	56 828	19 348	13 350	2 570	2 570
Future Minimum Lease Payments Under Non-cancellable Operating Leases		10 571	48 875	49 146	50 934	46 972	34 860	52 836
Increase From Depreciation Charge For Year Property Plant Equipment		28 789	17 643	21 120	28 103	26 503	25 311	24 165
Net Current Assets Liabilities	214 488	240 285	217 961	225 048	205 977	221 717	206 358	224 862
Property Plant Equipment Gross Cost	311 864	314 617	336 548	410 221	432 924	451 561	461 269	472 276
Provisions For Liabilities Balance Sheet Subtotal	20 127	16 012	17 508	28 099	27 533	26 260	24 090	28 553
Total Additions Including From Business Combinations Property Plant Equipment		2 753	24 831	73 673	22 703	18 637	11 008	15 007
Total Assets Less Current Liabilities	338 027	337 788	322 191	381 831	357 360	365 234	335 572	342 642
Total Borrowings		21 198	77 510	105 922	128 476	19 347