Saab Uk Ltd
- Active
- Large
- Holding
- 42 years
- 107 employees
- £22,181,900 (assets)
- £40,803,857 (revenue)
- Regular importer
- Regular exporter
- Real address
- 5 directors
- 1 owner
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The directors list was changed 25 days ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Saab UK Ltd, based in London, is a large, active company founded 41 years ago in 1983. Employing 107 people, it holds £22.2 million in assets and generates £40.8 million in revenue annually. As a holding company with four directors and one owner, Saab UK Ltd regularly imports electrical machinery and equipment (183 months) and exports optical and medical tools and devices (18 months). The company's registered address is real, with only one other company registered at the same location.
The company’s financial data reveals a mixed picture. Current assets have increased significantly by 120%, reaching £22 million, while net assets have risen by 71% to £9 million. However, bank borrowings have increased by a substantial 2,400%, reaching £8.1 million, and cash reserves have fallen by 30% to £11 million. Creditors have decreased by 18%, suggesting improved debt management. The company meets two of the three criteria to be considered large, having a turnover of over £36 million and balance sheet total over £18 million.
The company’s auditor is Fawcetts LLP. The increase in bank borrowings, despite improved creditor management, suggests the company may be investing heavily in growth or facing increased operational costs. The decrease in cash reserves could be a consequence of this investment or a sign of tighter working capital management. The company's focus on importing and exporting specialized equipment, combined with its holding company structure, points to a strategic role within the wider Saab group. While the financial data presents some challenges, the company’s established presence and ongoing operations indicate a resilient business.
Registered in England/Wales under the registration number 01724399, with a registered address at SW1Y 5AU, England, London, 2nd Floor Kinnaird House, 1 Pall Mall East.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of Sweden
Managers
-
Individual
- 25 days
-
Resident of United Kingdom
-
Individual
- 1 year
- 1
-
Resident of United Kingdom
-
Individual
- 2 years
- 1
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Appointment of Mr Christopher Bruce as a director on 2025-06-30Download 2 pages pdf report
-
Confirmation statement made on 2025-04-27 with updatesDownload 4 pages pdf report
-
Statement of capital following an allotment of shares on 2024-12-18Download 3 pages pdf report
Saab Uk Ltd controls
Owns & Controls
-
Corporate
- 1 year
- 75%+
-
Resident of United Kingdom
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Saab Uk Ltd
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