Maxguard Limited

Maxguard Ltd, based in London, UK, is a small, active company founded six years ago in 2018. With twelve employees and £5,920,089 in assets, it operates from a real address and is overseen by three directors and one owner, Wan Chi Fai. The company regularly imports and exports footwear and related items, with a history of 100 months of imports and seven months of exports.

The company's website showcases Maxguard as a provider of home alarm systems and security solutions. They offer a range of services, including residential alarm systems with Control 4 integration, no-obligation home assessments, and smart home technology integration, allowing customers to control their alarm systems remotely. Beyond security systems, Maxguard also offers central vacuum systems and audio/theater equipment. It seems like a typical small business, with a focus on customer service and a desire to offer a complete home solution.

Financially, Maxguard Ltd presents a mixed picture. Current assets have decreased by 8.1% to £5,900,000, while net assets have also fallen by 3.3% to -£1,900,000. Bank borrowings have decreased by 29%, while cash reserves increased by 49% to £1,600,000. Trade creditors have increased by a staggering 320%, which could be a sign of increased purchasing or delayed payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Maxguard Ltd appears to be navigating a period of change. While cash reserves are healthy, the decrease in net assets and increase in trade creditors suggests that the company is burning through cash and needs to manage its liabilities carefully. The company's focus on security solutions and its commitment to customer service position it well for future growth, but it will need to address its financial challenges to ensure its long-term success.

Registered in England/Wales under the registration number 11503738, with a registered address at W1W 8SY, United Kingdom, London, 1st Floor (Front),, 75-77 Margaret Street.

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