Sunshiine Ltd

Sunshiine Ltd is a small, active company based in Epping, UK, founded four years ago in 2021. The company, with £15,614 in assets, operates from a real address and is led by a single director and owner – a solo founder. It’s a private limited company registered in England/Wales, and its core business revolves around retail sale via mail order houses or via internet.

The company’s website paints a picture of a Hong Kong-based business house, Sunshine, developing and exporting a range of mass market consumer products across Africa. They act as a bridge between global manufacturers and African distributors, procuring over 1,200 products across seven sectors including food, agriculture, and textiles. Sunshine aims to increase living standards in Africa by providing essential products at affordable prices, striving for a dominant presence in its core business areas. The website lists several divisions, including healthcare, home, personal care, and automotive, alongside contact information and a downloadable catalogue.

Financially, Sunshiine Ltd presents a mixed picture. While cash reserves have increased significantly by 3900% to £5,800, net assets have decreased by 49% to -£5,200. Creditors have also decreased by 19%, which is a positive sign, but trade debtors have increased dramatically. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the declining equity raises concerns. Bank borrowings have also decreased. The company is exempt from an audit, so the figures are unaudited.

Overall, Sunshiine Ltd appears to be navigating a challenging period. The increase in cash reserves suggests some success, but the declining equity and increasing debt indicate potential financial strain.

Registered in England/Wales under the registration number 13202350, with a registered address at CM16 6RH, England, Epping, Essex, 2 Beulah Road.

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