Saskia Designs Limited

Saskia Designs Ltd from Chatham UK: a small, active company founded 16 years ago, is currently facing some financial challenges with accounts overdue for four years. Employing just two people, the company holds assets valued at £56,350 and operates from a virtual address, registered at a location shared by thirty-three other companies. It's led by two directors, with Thompson Saskia as the sole owner. The company regularly imports clothing and accessories made by knitting or crocheting, with 23 months of import activity recorded, the last in October 2022.

The company's website is currently unavailable, making it difficult to determine the specifics of its online presence or e-commerce activities.

Looking at the financial data, Saskia Designs Ltd has seen some significant shifts. While current assets have increased substantially to £56,000, net assets have experienced a dramatic drop to £2,900. This suggests that while the company may be bringing in more money, it’s not necessarily translating into increased equity. Bank borrowings have also increased, and cash reserves have fallen, indicating a need to manage finances carefully. The number of employees has decreased by 50%, from two to one, which could be a response to the financial pressures. Despite these challenges, creditors have decreased, suggesting improved debt management. As a small company (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from flexibility, but the equity decline warrants close attention. The accounts are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 06676947, with a registered address at ME4 4QZ, England, Chatham, Kent, 2nd Floor, Maritime Place Quayside, Chatham Maritime.

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