Sunlite Group Ltd

Sunlite Group Ltd, based in Woodbridge, UK, is a small holding company with an active status, established six years ago. Employing just four people, the company holds £602,091 in assets and maintains a real address. With one director and one owner, it boasts an impressive Google rating of 5.0 based on fifty reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with the latest imports occurring three months ago.

Sunlite Group operates as a renewable energy specialist, offering a wide range of services including domestic and commercial solar panel installation, battery storage solutions, EV charging, and heating & cooling systems. Its website showcases a commitment to sustainable power, offering both off-grid solutions and grid-tied systems, even providing solar carports. The company also seems to be expanding into heating, offering air source heat pumps and air conditioning. They even offer a grant scheme.

Financially, Sunlite Group’s numbers tell a mixed story. While cash reserves increased by a substantial 110%, reaching £72,000, current assets experienced a significant drop of 36%, settling at £600,000. Debtor values also decreased by 42%, while creditors fell by 51%. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in net assets, which dropped 78% to just £8,900, is a cause for concern. The increase in average employees from four to ten is notable, potentially reflecting business expansion. With no auditor mentioned, the figures are unaudited. It seems they are investing in growth, but it’s unclear if they are managing their finances effectively.

Registered in England/Wales under the registration number 11580391, with a registered address at IP12 4SD, England, Woodbridge, Suffolk, Unit 50 Martlesham Creek Business Park, Sandy Lane.

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