Sargo Boats Uk Limited

Sargo Boats UK Ltd, based in Southampton, is a small, family-run business with an active status, established nine years ago. Employing just two people, the company holds £1,064,329 in assets and boasts a stellar 5.0 Google rating from a single review. It’s a real address, with two directors and two owners reported, operating as an irregular importer of ships, boats, and floating structures, with just two months of import activity recorded.

The company’s website showcases a range of Sargo boats, from the Sargo 28 to the Sargo 45 Professional, emphasizing their quality, safety, and unique features like a large opening sunroof and deep, wide side decks. They are hand-built boats without compromise, designed for carefree, safe boating. The site also highlights the company’s heritage, tracing its roots back to a family-run business in Finland since 1967. They operate in the other retail sale not in stores, stalls or markets industries.

Financially, Sargo Boats UK Ltd shows some interesting trends. While cash reserves increased by a respectable 6.3% to £900,000, accrued liabilities deferred income dropped dramatically by 94%, settling at a mere £230. Debtors have increased significantly, rising by 500% to £170,000, which might indicate a growing sales volume but also potential issues with customer payments. Conversely, creditors have also risen by 13% to £500,000, suggesting increased reliance on short-term financing. Net assets increased by 15% to £560,000. The company is 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. There was no auditor mentioned, likely exempt as a small company.

Overall, Sargo Boats UK Ltd appears to be financially stable, but the sharp increase in debtors warrants closer monitoring. The company's family-run nature and focus on high-quality boats could be key to its continued success, although the lack of a large employee base might limit its growth potential.

Registered in England/Wales under the registration number 09635956, with a registered address at SO31 4JD, United Kingdom, Southampton, Hamble Point Marina School Lane, Hamble.

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