Saxon Online Ltd

Saxon Online Ltd, from Witney UK, is a small holding company with an active status, founded four years ago. It employs just one person and holds £788,867 in assets, operating from a virtual address. The company is led by one director and one owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s primary focus appears to be providing education and training courses, particularly for international students seeking to study and work in the UK. Its website, Saxon Academy of Learning, offers a wide range of courses, including SIA Door Supervisor, SIA Security Guarding, Business English, and OTHM-accredited diplomas in business, health, and tourism. It seems to be a real effort to support students through the visa process, offering guidance and assistance with accommodation details. The website even has a section dedicated to life in the UK test preparation.

However, the financial picture is a little concerning. Current assets have decreased by 21%, falling to £790,000, and net assets have plummeted 68%, landing at -£1.3 million. This significant equity drop is a worry. Bank borrowings are also up, and cash reserves have shrunk considerably. Creditors have increased, suggesting a reliance on external funding. The company’s sole employee, and the lack of an auditor mentioned (likely exempt as a small company), means the figures are unaudited.

The company’s parent is AT Global Holdings Limited, and the ultimate parent group is Branded Group SA. Poignant Pierre is listed as the director. While the company’s focus on international student support is commendable, the financial trends suggest it’s burning through money. It’s unclear if the business can sustain itself long term.

Registered in England/Wales under the registration number 13235116, with a registered address at OX28 4BE, United Kingdom, Witney, Oxfordshire, First Floor 1 Des Roches Square, Witan Way.

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