Maxton Suspension Ltd

Maxton Suspension Ltd from Frodsham UK: a small, active company founded just three years ago, employs fourteen people, and holds £437,459 in assets. It’s a real address with two directors and one owner. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), having imported for six months and exported for four.

It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company operates in the other engineering activities industries. The company’s website showcases a range of suspension components, from fork cartridges and monoshocks to steering dampers and frame checks, suggesting a focus on high-performance motorcycle parts. It seems to be primarily a B2B operation, selling directly to motorsport teams and retailers rather than end consumers. The website's design is a little dated, but the product range is extensive, and the company clearly caters to a niche market.

Financially, Maxton Suspension Ltd’s report reveals some interesting trends. Accumulated depreciation impairment property plant equipment increased by 93%, suggesting increased investment in equipment. However, bank borrowings increased by 36%, and cash bank on hand remained steady. Creditors decreased, which is a positive sign. The company's average number of employees decreased slightly, which could be due to seasonal fluctuations or restructuring. The company's assets decreased, which is a little concerning. It's worth noting that the company is exempt from audit as a small company, so the financial statements are unaudited.

Overall, Maxton Suspension Ltd appears to be a stable, albeit small, business operating in a specialized market. The company’s financial health is a little mixed, but the decrease in creditors suggests better debt management. It’s a company that’s likely to continue serving the motorsport industry, but it’s important to monitor its financial performance closely in the coming years.

Registered in England/Wales under the registration number 13875985, with a registered address at WA6 6HX, England, Frodsham, Cheshire, Laurel Bank, Bushells Lane.

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