Fox Saddlers Limited

Fox Saddlers Limited, based in Wetherby, West Yorkshire, is a small, active company established 21 years ago in 2003. With five employees and £130,339 in assets, it’s a family-run operation led by a single director and owner, Whitehouse Keith. The company boasts a stellar 5.0 Google rating from 43 reviews, a testament to its customer service. It operates from a real address and is registered under company number 04864350.

The business specializes in the retail sale of new goods, both online and through mail order, catering to a niche market for saddlery and equestrian supplies. While the website is minimal, it showcases a range of products, suggesting a focus on quality and specialized equipment. It's a traditional business adapting to modern retail channels.

Financially, Fox Saddlers Limited presents a mixed picture. Current assets have decreased by 13%, falling to £130,000, while net assets have also declined by 1.5% to £32,000. Bank borrowings have dramatically increased by 5300%, reaching a substantial £2,400, and cash reserves have plummeted 98%, leaving only £140. Creditors, however, have decreased by 18%, indicating improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size and exemption from an audit.

The sharp increase in bank borrowings and the significant drop in cash reserves are concerning, suggesting the company may be burning through money. However, the decrease in creditors suggests an effort to control costs. It's possible the company is investing in growth, but the lack of detail in the report makes it difficult to determine the underlying cause. The company's long-standing presence and positive customer reviews, however, indicate a resilient business with a loyal customer base.

Registered in England/Wales under the registration number 04864350, with a registered address at LS22 6NX, England, West Yorkshire, Northgates, Wetherby.

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