Sgs Design Limited

Sgs Design Limited, based in Tunbridge Wells, UK, is a small, active company founded twelve years ago in 2012. Employing eight people, the firm holds £80,370 in assets and operates from a real address in Southborough. With two directors and two owners, it’s a relatively compact operation. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent activity spanning 17 months, with the latest import in December 2024. It also occasionally exports ceramic products, with just one month of export activity recorded as of July 2022.

The company's website, sgsconstructiondesign.co.uk, reveals a focus on the North East construction industry. They offer joinery, dry lining, and decorating services, positioning themselves as a "one stop solution" for contractors. They even specialize in fire doors and kitchen products, and have a showroom. The company has 70 years of combined experience, and they are proud to support a range of clients.

Financially, Sgs Design Limited shows some concerning trends. Accumulated depreciation for computer equipment increased by 11%, while furniture fittings saw a 19% rise. However, bank borrowings decreased by 15%, and cash bank on hand fell by 14%. Creditors significantly increased by 230%, and current assets decreased by 29%. 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 flexibility, but the decline in equity and net current assets suggests potential financial strain. The increase in amounts owed to directors by 250% is also worth noting. With no auditor mentioned, the figures are unaudited.

Despite these challenges, Sgs Design Limited appears to be a well-established player in its niche, offering specialized construction services. Whether it can maintain its financial stability while expanding its offerings remains to be seen.

Registered in England/Wales under the registration number 08194088, with a registered address at TN4 0PY, England, Tunbridge Wells, The Studio At Hill Place London Road, Southborough.

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