Sunhigh Limited

Sunhigh Ltd from Stockport UK: a small, active company founded 26 years ago, employs seven people, and holds £1,711,415 in assets. With a real address and three directors, it operates an e-commerce site and enjoys a 5.0 Google rating from nine reviews. The company regularly imports and exports various textile products, sets, used clothing, and rags – 69 months of import activity and 10 months of export activity recorded.

Sunhigh Ltd operates as a wholesale supplier, distributor, and importer of household textiles, hosiery, and clearance lines. Its website showcases a wide range of products, from towels and blankets to clothing and kitchen accessories, catering to both commercial and individual customers. The site emphasizes competitive pricing and a vast selection, with new products added regularly. It’s clear they’re targeting a broad market with a focus on value.

Financially, Sunhigh Ltd appears to be in a decent position. Current assets have increased by 22% to £1,700,000, while net assets have grown by 30% to £1,700,000. Cash reserves have seen a significant boost, increasing by 86% to £600,000. While trade debtors have decreased slightly, creditors have risen by 15% to £680,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. It’s worth noting that the company’s depreciation charge has increased slightly, but this is likely due to increased investment in property, plant, and equipment. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Sunhigh Ltd seems to be financially stable and growing, with a strong online presence and a diverse product range. The company’s ability to maintain healthy cash reserves and manage its debts suggests a well-run operation, though it would be good to see a more detailed breakdown of its profitability.

Registered in England/Wales under the registration number 03632623, with a registered address at SK7 5ER, England, Stockport, 2 Station View, Hazel Grove.

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