Sinolink Limited

Sinolink Limited is a small, active company based in Virginia Water, UK, founded nineteen years ago in 2005. It employs just three people and holds £409,978 in assets. The company operates from a real address and is led by three directors, with Dong Mingming as the sole owner and solo founder. Sinolink runs an e-commerce site specializing in wood chippers, ATV trailers, and other outdoor equipment. It also appears to be involved in translation and interpretation services, as well as other professional and technical activities.

The company’s website showcases a range of products, including wood chippers, mini dumpers, and garden mowers, catering to a market of outdoor enthusiasts and professionals. The site emphasizes quality, competitive pricing, and a range of personalization options. While the company has a small footprint, it’s clear that it’s aiming to establish itself as a reliable supplier of outdoor equipment.

Financially, Sinolink Limited presents a mixed picture. While current assets increased slightly to £1.3 million, net assets declined significantly by 19%, falling to £1.2 million. Bank borrowings decreased by 29%, reaching £25,000, and cash reserves dropped by 60% to £200,000. Creditors increased by 870%, reaching £480,000—a substantial jump. Trade debtors rose by 37%, reaching £1.6 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline and creditor surge raise concerns. No auditor is mentioned, likely due to its small company status.

Overall, Sinolink Limited appears to be navigating a period of change. While its e-commerce platform shows promise, the financial data suggests it’s burning through cash. Whether it can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 05493051, with a registered address at GU25 4DW, England, Virginia Water, 16 Station Approach.

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