Saxen Ltd

Saxen Ltd from Newmilns UK: a small company with an active status, was founded 19 years ago and employs eight people. It holds £751,170 in assets, operates from a real address, and is led by one director and owner, boasting a stellar 5.0 Google rating from 13 reviews. The company is a regular importer of furniture, lighting, and prefabricated buildings, having imported for 19 months, with the most recent import occurring in January 2024.

Saxen Ltd operates as a retail business, specializing in furniture, lighting, and similar items. While no website was provided, the business likely operates through a physical store or potentially an online platform. The lack of a website makes it difficult to fully understand their operations, but the focus on retail suggests a customer-facing business.

Financially, Saxen Ltd presents a mixed picture. Current assets have increased by 56% to £750,000, a positive sign of growth. However, net assets have also increased by 6.3% to £170,000, which is a good sign. Bank borrowings have decreased by 43% to £24,000, which is a good sign. Creditors have increased by 78% to £560,000, which may indicate increased purchasing activity. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, relying on unaudited financial statements. The company’s cash reserves have increased by 380% to £190,000.

Registered in Scotland under the registration number SC293726, with a registered address at KA16 9AJ, Scotland, Newmilns, 2 Stoneygate Road.

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