Sagittarius Limited

Sagittarius Taps, based in Oldham, UK, is a small, active company established 34 years ago. With 13 employees and £1,442,347 in assets, it's a well-established player in its sector. The company is run by two directors and has one owner, Watkinson David. It operates from a real address and regularly imports machinery, boilers, and mechanical appliances—parts, with 63 months of import activity recorded.

The company's website showcases a wide range of taps and showering accessories, catering to both contemporary and traditional styles. It’s clear that Sagittarius Taps operates primarily as a wholesale supplier, offering its products to retailers and contractors. The site provides detailed product information, technical specifications, and even a catalogue to download. There’s no obvious e-commerce functionality, suggesting a business-to-business model rather than direct sales to consumers.

Financially, Sagittarius Taps shows some interesting trends. Bank borrowings decreased by 10%, reaching £180,000, and cash reserves increased by 23%, reaching £9,400. However, net assets decreased by 5%, reaching £940,000, and trade debtors decreased by 39%, reaching £230,000. The company’s size—meeting two of three conditions for a small company—helps it remain flexible, but the decrease in net assets is something to keep an eye on. Creditors decreased by 13%, which is a positive sign. The company’s unaudited accounts rely on director-reported data, as it’s exempt from an audit.

Overall, Sagittarius Taps appears to be a stable, albeit small, business. The decrease in debtors suggests better credit control, while the increase in cash reserves provides some financial breathing room. The company’s focus on wholesale distribution and its wide product range suggest a solid foundation for continued success, but the decrease in net assets should be monitored closely.

Registered in England/Wales under the registration number 02554830, with a registered address at OL9 9TU, England, Oldham, Lancashire, Unit 1 Lower Victoria Street, Chadderton.

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