Sugrue South Downs Limited

Sugrue South Downs Ltd is a small, holding company based in Worthing, UK, with an active trading status. Founded twelve years ago in 2013, the company employs just two people and holds £1,434,915 in assets. It operates from a virtual address, registered at Amelia House, Crescent Road, a location shared by 332 other companies, and is overseen by four directors and one owner. The company is an irregular importer, primarily dealing in iron or steel products, with its last import activity recorded over two years ago in September 2022.

The company's website showcases a passion for English wines, with a focus on artisan winemaking across four mature vineyards in the South Downs. It offers a range of sparkling and still wines, magnums, and mixed cases, catering to wine lovers. The website also features a gin product and highlights the company’s commitment to sustainable viticulture and low-sulphite wines. The business also operates a piano restoration business, 1066 Pianos, which has a showroom in Harrods.

Financially, Sugrue South Downs Ltd shows some interesting trends. Average employee numbers have increased significantly, jumping 200% to six people, which is a big change. Bank borrowings have decreased substantially, falling 71%, and cash reserves have increased slightly by 2.1%. However, creditors have more than doubled, rising 200%, and net assets have increased by 36%. 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 increase in creditors suggests a need to manage debt carefully. The company’s accounts are unaudited, likely due to its small size and exemption from an audit.

Registered in England/Wales under the registration number 08462428, with a registered address at BN11 1QR, Worthing, West Sussex, Amelia House, Crescent Road.

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