Saddler Accessories Group Limited

Saddler Accessories Group Ltd from Glasgow UK: a small, active company founded three years ago, employs one person, and holds £31,045 in assets. It’s a solo-founded operation with two directors and a real address, operating an e-commerce site and importing leather goods, travel bags, and animal harnesses irregularly – just one month of imports recorded as of September 2024.

The company’s website showcases a curated range of leather bags and accessories, divided into Heritage, Core, and Premium collections. It’s a stylish operation, offering worldwide shipping and a variety of payment options. The site also highlights a commitment to ethical sourcing and carbon-neutral production, appealing to environmentally conscious consumers. The website also lists a wide range of countries and currencies, suggesting a global reach.

Financially, Saddler Accessories Group Ltd shows some interesting trends. Net assets have surged by a staggering 470,000%, reaching £9,400—a remarkable turnaround. However, cash bank on hand has also increased significantly, jumping to £19,000. Trade debtors are at £9,800, while creditors are at £22,000 within one year. The company’s small size (meeting two of three conditions for being small) helps it stay nimble, but the significant equity increase warrants further investigation. The accounts are abridged and unaudited, and no auditor is mentioned, which is typical for small companies.

Despite the positive equity growth, the company’s reliance on trade credit and the lack of employee information suggest a lean operation still finding its footing. The company has taken exemption from publishing its own profit and loss account, which is common for small entities. Overall, Saddler Accessories Group Ltd appears to be a growing e-commerce business with a focus on quality leather goods—but its financial health will need to be monitored closely.

Registered in Scotland under the registration number SC704112, with a registered address at G1 3HL, Scotland, Glasgow, 7 Buchanan Street, 6th Floor.

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