Sapphire Products Limited

Sapphire Products Ltd from Ashby-De-La-Zouch UK is a small, active company founded 32 years ago. With 10 employees and £780,387 in assets, it’s a family business led by two directors and owners. The company operates from a real address and is a irregular importer of aluminum and aluminum products (2 months imported) and an irregular exporter of miscellaneous metal items (2 months exported). 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, employees less than 50.

Sapphire Products specializes in the manufacture of fasteners and screw machine products, a niche area within the broader engineering sector. The company’s website is currently unavailable, so details about their online presence and direct-to-consumer activities are unknown. It’s likely they primarily serve business-to-business clients, supplying components to larger manufacturing operations.

Financially, Sapphire Products Ltd shows a mixed picture. While current assets increased slightly to £780,000, net assets decreased by 2.2% to £760,000. Bank borrowings decreased by 16% to £29,000, and cash reserves increased by 4.4% to £310,000. Creditors increased by 21% to £110,000. Trade debtors decreased by 19%, which could indicate improved collections or a shift in payment terms. Director remuneration increased by 50% to £11,000, suggesting a possible change in compensation structure. The company is exempt from an audit as a small company, so the figures are unaudited.

The company’s irregular import and export activity suggests a flexible approach to sourcing and distribution. It’s possible that the company’s business fluctuates depending on customer demand and supply chain conditions. The decrease in net assets, despite increased cash reserves, warrants further investigation. It could be due to increased investment in equipment or inventory, or it could reflect underlying operational challenges.

Registered in England/Wales under the registration number 02761807, with a registered address at LE65 2UY, England, Ashby-De-La-Zouch, Leicestershire, Unit E3, Ivanhoe Business Park Tom Bill Way, Smisby Road.

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