Sugden Limited

Sugden Ltd, based in Nelson, UK, is a small holding company with an active status, celebrating 47 years in business. Employing 34 people and holding assets worth £7,423,533, it operates from a real address and is overseen by four directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances, including parts, with 19 months of import activity and 20 months of export activity recorded.

Sugden Ltd is primarily known for its high-end audio equipment, specifically handcrafted amplifiers. Its website showcases a range of products, including the A21 Series, Masterclass Series, and Sapphire Series, all designed and built in Britain since 1967. The company caters to a niche market of discerning audiophiles, emphasizing quality, craftsmanship, and a commitment to "rescuing music from technology." It also provides support, warranty registration, and repair services, and even offers a custom shop for bespoke audio solutions.

Financially, Sugden Ltd presents a mixed picture. While current assets increased by 11%, reaching £7.4 million, net assets decreased by 12% to £2.8 million. Bank borrowings decreased by 35%, falling to £43,000, while cash reserves increased by 300%, reaching £690,000. Trade creditors rose by 100%, reaching £1.1 million, and trade debtors increased by 220%, reaching £640,000. 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 trade debtors could indicate challenges in collecting payments. The company’s auditor is Hargreaves Brown & Benson.

The company’s focus on premium audio products and its long history suggest a brand with strong reputation, but the financial data indicates a need for careful management of working capital to ensure continued success.

Registered in England/Wales under the registration number 01313718, with a registered address at BB9 7BT, England, Nelson, Unit 6 Pendle Court.

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