Sunna Traders Ltd

Sunna Traders Ltd from Glasgow UK: small company, active status, founded 6 years ago, £283,284 assets, real address, 1 director, 3 owner. Regular importer of furniture, lighting, and prefabricated buildings (37 months imported). It’s a private limited company registered in Scotland with the registration number SC624012. The company was founded six years ago on March 12, 2019, and registered at G5 8JD, Scotland, Glasgow, 88 Kilbirnie Street. Its status is active. The company operates in the other retail sale not in stores, stalls or markets industries. Officially, it has one owner or PSCs, one director and no number of employees published. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company is a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 37 months of imports. The last import operation was conducted on August 01, 2024. While the company’s website isn’t available to view, it’s likely focused on wholesale or trade sales, given the import focus and lack of direct consumer presence. It's probably not an e-commerce site, but rather a B2B operation supplying businesses with furniture and building materials.

Financially, Sunna Traders Ltd presents a mixed picture. Current assets have increased significantly by 91% to £280,000, a positive sign of improved liquidity. However, bank borrowings have also increased substantially, reaching £35,000, and cash reserves have plummeted by 93% to just £10,000. The most concerning trend is the sharp decline in equity, which has increased by 16000% to £110,000. Trade debtors are also negative at -£22,000, which could indicate difficulties collecting payments. It’s worth noting that creditors have decreased by 4.7%, which may suggest better debt management. The company’s small size helps it stay agile, but the significant equity drop and negative debtors raise concerns. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited.

The company’s reliance on imports, coupled with the fluctuating financial data, suggests it’s navigating a challenging market. The substantial increase in bank borrowings and decrease in cash reserves could be a sign that the company is burning through money, but the increase in current assets may indicate new sales.

Registered in Scotland under the registration number SC624012, with a registered address at G5 8JD, Scotland, Glasgow, 88 Kilbirnie Street.

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