Sun Shack Limited

Sun Shack Ltd, based in Hamilton, UK, is a small, active company founded fifteen years ago. Employing 100 people and holding £482,302 in assets, it operates a network of tanning salons across Scotland. With a 5.0 Google rating from 55 reviews, it’s a popular choice for sun-seekers. The company is owned by Russell Robert Lannigan and managed by two directors, Russell Robert and Rafferty Lisa, and regularly imports electrical machinery and equipment, with 55 months of import activity recorded.

The company’s website highlights its tanning salon services, offering a range of options including tanning beds, spray tanning, and a loyalty program. It also sells tanning lotions and accessories, with a focus on premium brands and rapid results. The website is well-designed and easy to navigate, featuring online booking and a shop section with a variety of products. It’s clear that Sun Shack Ltd is focused on providing a high-quality tanning experience and driving sales through its online presence.

Financially, Sun Shack Ltd shows some concerning trends. Current assets decreased by 21% to £480,000, while net assets fell by 43% to £1,200,000. Bank borrowings decreased by 21% to £200,000, and cash reserves dropped by 26% to £370,000. Creditors also decreased by 21% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decline in net assets suggests it's burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite the financial pressures, Sun Shack Ltd maintains a strong brand reputation and a loyal customer base. The company’s focus on quality and customer service, combined with its online presence, positions it well for continued success – although it needs to address the declining net assets to ensure long-term stability.

Registered in Scotland under the registration number SC373465, with a registered address at ML3 6AD, Scotland, Hamilton, Unit 4a Palace Grounds Retail Park.

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