Sarginsons Industries Limited
- Active
- Medium
- Holding
- 70 years
- 85 employees
- £5,274,472 (assets)
- £14,153,596 (revenue)
- Regular importer
- Regular exporter
- Real address
- 1 director
- 2 owners
- Coventry
- Rating 5.0 (2)
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 2 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Sarginsons Industries Ltd, based in Coventry, UK, is a medium-sized holding company with a 70-year history, currently employing 85 people. The company holds assets valued at £5,274,472 and generates an annual revenue of £14,153,596. It’s a real address, managed by two directors and two owners, and boasts a stellar 5.0 Google rating from two reviews. The company regularly imports machinery, boilers, and mechanical appliances (parts for 4 months), and exports aluminum and aluminum products (for 9 months).
Sarginsons operates as a casting foundry, specializing in light metals and aluminum production. Their website highlights a focus on innovative casting techniques, including topological optimization and digital twin simulation, to create lighter, stronger, and near-zero carbon castings. They cater to industries like aerospace and automotive, offering services ranging from consultancy and technology development to prototype creation and production casting. The company’s website also mentions a focus on improving mechanical performance and reducing costs, with a particular emphasis on advanced technologies like 3D printing and virtual supply chains.
Financially, Sarginsons shows some interesting trends. Current assets increased by 14%, reaching £5,300,000, while revenue jumped a substantial 22% to £14,000,000. However, net assets decreased by 10%, dropping to £2,000,000. Bank borrowings rose by 42%, reaching £330,000, and cash reserves increased by 230%, reaching £290,000. Creditors decreased by 18%, suggesting improved debt management. The company meets the criteria for a medium-sized company, with turnover under £36 million, assets under £18 million, and fewer than 250 employees. The lack of an auditor mentioned suggests they are exempt from full auditing requirements.
The surge in revenue alongside a decrease in net assets could be attributed to increased investment in new technologies or expansion of operations. The rise in bank borrowings may reflect financing for these initiatives, while the decrease in creditors suggests better control over short-term liabilities. Overall, Sarginsons appears to be a financially stable company with a focus on innovation and growth, though the decrease in net assets warrants further investigation.
Registered in England/Wales under the registration number 00541560, with a registered address at CV4 9AG, Coventry, West Midlands, Sarginsons Industries Limited, Torrington Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 6 years
- 1
- 75%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 3
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 16 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Termination of appointment of Ashley Lynton Stafford as a secretary on 2025-07-01Download 1 page pdf report
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Registration of charge 005415600013, created on 2025-03-31Download 10 pages pdf report
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Appointment of Mr Ashley Lynton Stafford as a secretary on 2025-03-27Download 2 pages pdf report
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 Sarginsons Industries Limited
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