Sanecommunications Limited

Sanecommunications Ltd from Eastbourne UK is a small, active company founded 17 years ago. It employs 13 people and holds £743,048 in assets, but operates from a virtual address—a detail that raises some questions. The company is a family business with four directors and three owners. It regularly imports clothing and accessories made by knitting or crocheting (3 months imported) and occasionally exports similar items (2 months exported).

The company’s website showcases a diverse range of clothing brands, including SANE, Cheap Monday, and Sergio Tacchini. It appears to be primarily an e-commerce operation, with a focus on wholesale and retail. The site lists contact information and links to social media platforms like Instagram, and mentions a team, but doesn't offer much detail about the company's specific activities beyond the brands it carries. There is a section for new business and enquiries, and a link to a Squarespace-powered website.

Financially, Sanecommunications Ltd presents a mixed picture. Creditors increased by 41% to £320,000 within a year, while accrued liabilities decreased by 45% to £100,000. Cash bank on hand remained steady at £440,000. However, accumulated depreciation saw a dramatic 99% drop to just £380, and equity increased by a significant 270% to £110,000. Bank borrowings decreased by 30% to £18,000. The company’s size—meeting two of three criteria for a small business—helps it remain nimble. The company is not audited, so the figures are unaudited.

Overall, Sanecommunications Ltd seems to be holding its own, but the increase in creditors and decrease in depreciation could indicate some financial pressures. The company’s focus on wholesale and retail, along with its family-run structure, suggests a stable, if not particularly high-growth, business model.

Registered in England/Wales under the registration number 06502445, with a registered address at BN21 2AH, Eastbourne, East Sussex, 2 Upperton Gardens.

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