Ground Sun Ltd

Ground Sun Ltd, based in Barnet, UK, is a small, active company founded 21 years ago. With two employees and £840,356 in assets, it operates from a virtual address shared by 45 other companies, which is a little unusual. The company is run by two directors and two owners, and currently holds a respectable 4.0-star Google rating based on six reviews. It’s an irregular importer, primarily dealing in basic metal tools and utensils, with its last import operation occurring two months ago.

The company specializes in helical screw pile foundations, acting as a UK and European supplier for AB Chance, a global leader in this technology. Its website showcases a range of applications, from underpinning existing structures to new build foundations, and even slope stabilization. It seems they offer a complete solution, encompassing design, supply, and installation, catering to both domestic and commercial clients. They’re particularly focused on restricted access sites and root protection areas, highlighting their adaptability.

Financially, Ground Sun Ltd’s recent reports show some interesting trends. While current assets increased by 11% to £840,000, indicating a healthy inflow of funds, other areas paint a slightly different picture. Cash bank on hand decreased by 19%, dropping to £210,000, and net losses deepened, suggesting they’re reinvesting heavily in the business. Trade debtors rose significantly by 21%, which could mean they are extending credit to customers or experiencing delays in payments. Perhaps they’re expanding their operations and investing in marketing to boost sales. The company’s small size—meeting two of three conditions for being classified as small—helps with agility, but the increase in creditors by 13% to £93,000 should be monitored. There’s no mention of an auditor, which is typical for companies of this size. The company’s reliance on a single supplier, AB Chance, could also present a risk if supply chain issues arise.

Registered in England/Wales under the registration number 05083404, with a registered address at EN5 5SU, England, Barnet, Herts, 175 High Street.

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