Sun Rising Management Limited

Sunrise Management Limited, based in Portsmouth, UK, is a small, active company founded five years ago. It holds £28,332 in assets and operates from a real address, managed by two directors and one owner. The company is irregular importer, with its top import category being Electrical machinery and equipment, totaling 2 months of imports. The last import operation was conducted on January 01, 2021.

Sunrise Management's website reveals a focus on event entertainment, particularly party bands, wedding entertainment, and tribute acts. It caters to individuals, corporations, and venues, offering a wide range of services from corporate motivation events to family days and venue decoration. The site’s emphasis is on providing a comprehensive service, with free advice and a focus on credentials, encouraging potential clients to view testimonials and learn more. It’s clearly an agency, connecting clients with entertainers rather than selling products directly. The site doesn’t appear to be an ecommerce site.

Financially, Sunrise Management Limited presents a mixed picture. Accumulated depreciation on plant and machinery increased by a substantial 170%, indicating investment in equipment, while intangible assets remained static. Cash bank on hand saw a significant boost, increasing by 740% to £28,000, a positive sign. However, creditors ballooned by 320%, reaching £110,000, and net assets declined by 30% to -£55,000. Trade debtors also increased by 48%. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the accounts are unaudited. It's worth noting that the company's equity is negative, which isn't ideal.

Overall, Sunrise Management seems to be growing, evidenced by the increase in cash and depreciation, but it’s also taking on more debt. Whether this is a sustainable strategy or a sign of financial strain remains to be seen. The company’s reliance on event bookings, which can be volatile, adds another layer of uncertainty.

Registered in England/Wales under the registration number 12317294, with a registered address at PO1 1EQ, England, Portsmouth, Unit 3 Southsea Railway Station, Station Street.

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