Sunner Retail Limited

Sunner Retail Ltd from Solihull UK is a small company with an active status, founded 15 years ago. Despite this longevity, the business is currently facing some financial challenges, with accounts overdue for a year and confirmation overdue by four months. It operates with a single employee and holds assets valued at £26,251. The company’s registered address is a virtual one, shared by a large number of other businesses, and it is managed by one director and one owner.

Sunner Retail Ltd operates in the retail sale via mail order houses or via internet industries, offering a wide range of courses and apprenticeships. The company’s website, The Fashion Retail Academy, provides diploma courses, undergraduate degrees, online courses, and apprenticeships, catering to students aged 16 and above. It offers various levels of courses, from Level 2 to Postgraduate, and even includes short courses and apprenticeships. The academy partners with major fashion brands, offering work placements and industry enrichment programs. The website also features live vacancies and provides resources for students and industry professionals.

Financially, Sunner Retail Ltd’s recent performance paints a mixed picture. While bank borrowings remained relatively stable, cash reserves decreased by 7.7% to £26,000. Current assets also dropped by 15% to £26,000. A more concerning trend is the decline in equity, which fell by 7% to -£22,000. Trade debtors are at zero, which could mean the company is struggling to collect payments. Creditors, however, increased by 8.3% to £13,000, suggesting an increased reliance on borrowing. 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 agility, but the drop in equity raises questions about its long-term sustainability. The accounts are unaudited, as the company is exempt from an audit due to its size.

Registered in England/Wales under the registration number 07205892, with a registered address at B90 4LE, England, Solihull, West Midlands, 4 Highlands Court, Cranmore Avenue.

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