Savage Marine Ltd

Savage Marine Ltd from Hinckley UK: a small holding company with an active status, was founded 24 years ago in December 2000. The company employs 18 people and holds £540,105 in assets. It’s managed by one director and one owner, operating from a real address shared by two other companies. Savage Marine regularly imports and exports furniture, lighting, and prefabricated buildings – 59 months of imports and 43 months of exports, with the latest activity in February 2025.

The company’s website showcases a high-end lighting and control systems business, catering to diverse sectors including yachts, cruise liners, commercial workplaces, and medical facilities. Savage Lighting offers bespoke designs, custom manufacturing, and technologically advanced control systems like Luton and Crestron. The website highlights a consultation process, design capabilities, and in-house manufacturing, emphasizing quality materials and lasting performance. The business also has a showroom in Harrods, London.

Financially, Savage Marine Ltd shows some interesting trends. Current assets have increased by 37%, reaching £540,000, while net assets have jumped 41% to £440,000. Bank borrowings have remained steady, and cash reserves have risen significantly by 54% to £89,000. Creditors have also increased by 17% to £190,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the growth in creditors suggests a need to manage debt effectively. There’s no mention of an auditor, likely due to the company’s exemption as a small entity.

The increase in assets and cash reserves is a positive sign, indicating a potentially healthy financial position. However, the rise in creditors warrants attention, and it’s worth monitoring to ensure the company maintains a sustainable level of debt. The business seems to be doing well, but it’s important to keep an eye on things.

Registered in England/Wales under the registration number 04130658, with a registered address at LE10 3BY, England, Hinckley, Leicestershire, 3-6 The Boathouse Brindley Road.

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