Sunnyfield Veg Limited

Sunnyfield Veg Ltd from Harrow UK: a large company, active status, founded 29 years ago, employing 18 people, and holding £6,934,258 in assets, operates from a virtual address. With three directors and two owners, it's a family business boasting a perfect 5.0 Google rating from two reviews. The company is a regular importer of cereal and milk-based food products, having imported for 82 months, with the last operation in February 2022.

The company’s website highlights its core business: wholesale of fruit and vegetables. It’s not an e-commerce site, but rather a platform showcasing its distribution network, alliances, and a commitment to quality. The site emphasizes its history, starting in 1995 at New Spitalfields Market, and its role as a major wholesaler sourcing produce from around the globe. It even pioneered the import of premium Shandong ginger, peeled garlic, and Thai herbs into Britain. The site also details its charitable work, including a Gourmet Charity Gala to support victims of the Sichuan earthquake.

Financially, Sunnyfield Veg Ltd presents a mixed picture. While cash and cash equivalents increased by 14% to £3.8 million, net assets only grew by 12% to £5 million. Turnover declined by 8.2% to £11 million, and profit loss also decreased by 21% to £530,000. Bank borrowings increased by a substantial 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered large, having turnover over £36 million, balance sheet over £18 million, and over 250 employees. The company’s financial statements were audited by RDP Newmans LLP. The sharp decline in equity raises questions, but the company's established distribution network and strong supplier relationships could help it weather these challenges.

Registered in England/Wales under the registration number 03183071, with a registered address at HA1 2AW, United Kingdom, Harrow, Middlesex, Lynwood House, 373-375 Station Road.

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