Shonn Brothers (manchester) Limited

Shonn Brothers Manchester Ltd from Manchester, UK, is a small, active company established 67 years ago, in 1957. With ten employees and £276,774 in assets, it’s a long-standing business with a real address and three directors, overseen by one owner. The company regularly imports and exports toys, games, and sports equipment – 176 months of imports and nine months of exports recorded.

The company's website reveals a significant shift in operations. Shonn Brothers Wholesale is concluding its wholesale operations, embarking on new ventures. They express gratitude to loyal customers and wish them well, signalling a strategic change. Shonn Brothers MCR Ltd is the new name.

Financially, Shonn Brothers Manchester Ltd has experienced some changes. Cash reserves have dropped significantly by 65%, settling at £120,000. Current assets have also decreased by 70%, now standing at £280,000. Trade debtors have fallen by 26%, while creditors have decreased by 36%. Equity has taken a large hit, dropping 140% to -£160,000. Bank borrowings are up 100%, and the company is reporting an increase in employees. The company is likely exempt from an audit, so the financial data is unaudited.

While the company’s shift away from wholesale suggests challenges, its long history and established presence in the market indicate resilience. The new ventures will need to prove successful to offset the financial pressures.

Registered in England/Wales under the registration number 00593397, with a registered address at M5 3EQ, England, Manchester, Greater Manchester, Building 24 Unit 5.03c Boat Shed, Exchange Quay.

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