50SHS5 is a reasonable chassis choice, certainly will take a hiding!... but maybe need to give the draw bar more verticle support. Just to limit flex and fatigue in the A-frame and draw. You could either increase verticle section size (100x50) or perhaps run some ladder bracing using 16mm round bar?
Im not in love with your choice of springs but you will learn 
Its nice to see another trailer project coming together!
If I wasnt so lazy Id take some photos of the triangulated 4link boat trailer I glued together this morning!!!
S
'95 130 dual cab fender (gone to a better universe)
'10 130 dual cab fender (getting to know it's neurons)
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