Sunfly Karaoke Limited

Sunfly Karaoke Ltd from Isleworth UK: a small, active company founded 22 years ago, employs just two people, and holds assets worth £1,718,027. It operates from a virtual address, is managed by one director, and owned by two individuals—a solo founder at its core. The company regularly imports electrical machinery and equipment, with three months of import activity recorded.

The company’s website is minimal, offering little insight into its operations beyond its name. It appears to be primarily focused on motion picture distribution and other amusement and recreation activities. There’s no visible e-commerce presence, suggesting a business-to-business model rather than direct sales to consumers.

Financially, Sunfly Karaoke Ltd presents a mixed picture. While net assets increased by a healthy 19%, reaching £1.3 million, several key metrics raise questions. Cash reserves grew by 15%, settling at £1.5 million, but bank borrowings decreased by 23%, dropping to £29,000. Trade creditors decreased by a significant 71%, to £72,000, which could indicate improved debt management or a slowdown in purchasing. However, trade debtors increased by 48%, to £81,000, which may signal delayed customer payments. The number of employees increased by 100%, to four, which is a notable change.

Despite meeting the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the substantial increase in debtors warrants closer attention. With no auditor mentioned, the figures are unaudited, and the company’s reliance on a virtual address suggests a potentially streamlined, low-overhead operation.

Registered in England/Wales under the registration number 04665812, with a registered address at TW7 5NQ, Isleworth, Middlesex, 46 Syon Lane.

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