Staxson Ltd

Staxson Ltd from Sittingbourne UK: a small, active company founded seven years ago, employs two people, and holds £1,076,833 in assets. It's a family business with a perfect 5.0 Google rating from eight reviews, operating as an irregular importer of machinery, boilers, and mechanical appliances – parts were last imported two months ago. The company is registered at a real address, managed by two directors and two owners.

Staxson Ltd specializes in electrical and mechanical solutions, serving residential, commercial, and industrial sectors. Its website highlights services like electrical installations, mechanical repairs, low-carbon technologies (solar panels, EV charging), maintenance, design, and support. It’s clear they’re focused on providing comprehensive solutions, and even offer tailored project support. They’re also keen on promoting their accreditations and qualifications. The website doesn’t appear to be a full-blown e-commerce platform, but rather a showcase of their services and a way to generate leads – you’re encouraged to contact them directly.

Financially, Staxson Ltd presents a mixed picture. While current assets remained stable at £1,100,000, net assets grew by a solid 26% to £1,100,000. However, bank borrowings increased significantly by 37% to £350,000, and cash reserves decreased by 37% to £350,000. Trade debtors also rose by 41% to £730,000, which could indicate a reliance on customer payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt warrants attention. The company is exempt from an audit, so the financials are unaudited.

Overall, Staxson Ltd seems to be growing, but it’s important to monitor its debt levels. The company’s focus on building long-lasting relationships and providing excellent service suggests a strong foundation, but managing cash flow will be key to its continued success.

Registered in England/Wales under the registration number 11333201, with a registered address at ME10 3FX, England, Sittingbourne, Unit 4 Castle Road, Glenmore Business Park.

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