{"name":"SPECTRUM VEHICLE CONTRACTS LTD","company_number":"08551099","status":"Active","type":"Private Limited Company","incorporated":"2013-05-31","dissolved":null,"registered_office":"Colonial House, Swinemoor Lane, Beverley, United Kingdom, HU17 0LS","postcode":"HU17 0LS","sic_codes":[{"code":45112,"description":"Sale of used cars and light motor vehicles"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 May","last_made_up_to":"2025-05-31","next_due":"2027-02-28"},"employees":{"count":1,"accounts_date":"2025-05-31"},"financials":[{"financial_date":"2025-05-31","net_assets":-231137,"average_employees":1},{"financial_date":"2024-05-31","net_assets":-214044,"average_employees":1},{"financial_date":"2023-05-31","net_assets":-282793},{"financial_date":"2022-05-31","net_assets":-162448},{"financial_date":"2021-05-31","net_assets":75194,"cash":0}],"officers":{"current":1,"resigned":1,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Spectrum Vehicle Contracts Ltd is a technically insolvent micro-enterprise operating in the UK used car retail sector, with net liabilities of £231k that have deepened consistently over five years despite favourable market conditions. The company's balance sheet metrics—current ratio of 0.5x, negative net assets, and heavy creditor dependency—fall well below typical independent dealer benchmarks, and its single-employee model lacks the scale or digital capability to compete effectively against increasingly dominant online platforms and larger dealer groups. Continued operation appears reliant on director forbearance and creditor tolerance rather than underlying trading viability.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/spectrum-vehicle-contracts","people":"https://www.companiesintheuk.co.uk/company/spectrum-vehicle-contracts/people","filing_history":"https://www.companiesintheuk.co.uk/company/spectrum-vehicle-contracts/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08551099","financials":"https://www.companiesintheuk.co.uk/company/spectrum-vehicle-contracts/financial","control":"https://www.companiesintheuk.co.uk/company/spectrum-vehicle-contracts/control","charges":"https://www.companiesintheuk.co.uk/company/spectrum-vehicle-contracts/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/spectrum-vehicle-contracts/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/spectrum-vehicle-contracts"}