Saxon Design Ltd

Saxon Design Ltd, based in Birmingham, UK, is a small, family-run business with an active status, celebrating 39 years since its founding in 1986. The company employs five people and holds £547,243 in assets, operating from a real address within the Deykin Park Industrial Estate. With two directors and three owners, it’s a tight-knit operation, currently boasting a 2.0 Google rating from just two reviews. Saxon Design is an irregular importer, specializing in electrical machinery and equipment, with its last import activity recorded one month ago in September 2023.

The company’s website positions it as an exhibition design and build company, catering to clients like Boeing, Tag Aviation, Farnborough Airport, and Trelleborg. The site features a project gallery and case studies, highlighting its work in creating bespoke exhibition spaces. It seems to be focused on design and build services rather than direct e-commerce sales.

Financially, Saxon Design Ltd presents a mixed picture. Cash bank on hand has increased significantly by 71%, reaching £490,000, while current assets have also grown by 34% to £550,000. However, trade debtors have plummeted by 51%, dropping to £62,000, which could indicate slower customer payments or a shift in credit terms. Creditors have also seen a considerable increase, rising 75% to £320,000 within the year. Equity has improved by 31%, reaching £290,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors warrants monitoring. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned.

Overall, Saxon Design Ltd appears to be financially stable with growing assets and cash reserves, but the increase in liabilities suggests it might be burning through money a little faster than it's bringing it in. The company's success hinges on its ability to maintain its reputation for quality exhibition design and secure new projects to offset the rising costs.

Registered in England/Wales under the registration number 02007168, with a registered address at B6 7HN, England, Birmingham, Unit 40 Deykin Park Industrial Estate, Deykin Avenue, Witton.

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