Sinoway International Limited

Sinoway International Limited is a small, active company based in St. Helens, UK, founded 22 years ago in 2002. With just two employees and £57,658 in assets, it’s a lean operation managed by three directors and one owner. The company has a real registered address and operates from Kingham House, 161 College Street, WA10 1TY. It's a real address as only one company registered at the same address.

The business is a somewhat irregular importer of toys, games, and sports equipment, with just one month of import activity recorded in May 2024. However, it's a regular exporter of plastics and plastic products, boasting eight months of export activity, also concluding in May 2024. The company operates in the agents involved in the sale of a variety of goods industries.

Financially, Sinoway International Limited shows some interesting trends. Cash reserves increased by 6.5% to £52,000, while current assets rose by 16% to £58,000. However, trade debtors saw a massive surge, increasing by 860% to £5,400. Creditors decreased by 34%, suggesting improved debt management. Equity increased by 110% to £36,000, a positive sign, but accumulated depreciation also increased by 25%. The company meets two of three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Sinoway International Limited seems to be holding its own, with growing assets and improved debt management. The significant increase in debtors, however, warrants attention—it could indicate delayed customer payments or a strategic move to offer more credit terms. It's a small company, but it’s clear it’s working to maintain a steady flow of exports.

Registered in England/Wales under the registration number 04514841, with a registered address at WA10 1TY, St. Helens, Merseyside, Kingham House, 161 College Street.

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