Manosun Limited

Manosun Limited is a small, active company based in South Shields, UK, founded four years ago in 2020. It operates as a solo-founded e-commerce site, importing clothing and accessories made by knitting or crocheting, with recent activity recorded just one month ago. The company has three directors and a single owner, Miao Juan, and employs just one person. Its assets total £83,897, and it has a real registered address, shared with just one other company.

The business appears to be involved in a variety of activities, including manufacturing knitted and crocheted fabrics, medical and dental supplies, wholesale trade, and acting as an agent for textile and leather goods. Its website showcases a wide range of products, from abrasives and power tools to safety equipment and nuclear materials—a diverse selection that suggests a broad-based trading operation. The site also highlights partnerships with several innovative brands, like CleanSpace and Granberg, and offers a comprehensive catalogue available for download.

Financially, Manosun Limited presents a mixed picture. Current assets have fallen by 18% to £84,000, while net assets have declined by 10% to -£270,000—a concerning trend. Bank borrowings have increased significantly, rising by 870% to £49,000, and cash reserves have decreased by 53% to £14,000. However, creditors have also increased by 12% to £150,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating an exemption for small companies.

The sharp decline in equity, coupled with increased borrowing, suggests Manosun Limited is burning through cash. While the diverse product range and partnerships point to a proactive business strategy, the financial figures raise questions about its long-term sustainability. It's a bit strange to see such a wide range of products, from abrasives to nuclear materials, being offered by a small company—but the website does emphasize its role as a distributor for various innovative brands.

Registered in England/Wales under the registration number 12784298, with a registered address at NE34 9PZ, England, South Shields, Tyne And Wear, 5 Waldridge Way, Simonside Industrial Estate.

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