Sunshine Fashion Accessories Limited

Sunshine Fashion Accessories Limited, based in London, UK, is a small, active company established 22 years ago in 2003. With four employees and £530,086 in assets, it operates from a real address in Aldgate East. The business is run by two directors and a single owner, and currently holds a 3.0 Google rating based on two reviews. It's a regular importer of jewelry, precious stones, and metals, with 10 months of import activity recorded, the latest in November 2024. The company’s website indicates it operates in the wholesale of watches and jewellery industries.

The company’s online presence reveals a focus on wholesale, with a clean, professional website showcasing a range of watches and jewellery. While there’s no explicit e-commerce functionality, the site’s design suggests a B2B model, targeting retailers and distributors rather than individual consumers. The website also lists Chen Yingzhao and Weng Hui Hui as directors.

Financially, Sunshine Fashion Accessories Limited presents a mixed picture. Cash bank on hand has dramatically decreased by 93%, falling to just £29,000. Trade debtors have surged by a staggering 16,000%, reaching £470,000, which could indicate a shift towards larger customer orders or extended payment terms. However, creditors have also increased by 2.5%, reaching £250,000. Equity has grown by 12%, reaching £290,000, and net assets have also increased by 12%, reaching £290,000. 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 flexibility, but the significant decrease in cash reserves warrants attention. As a small company, it's exempt from an audit, and the figures are unaudited.

Overall, Sunshine Fashion Accessories Limited appears to be navigating a period of change. The increase in trade debtors suggests a potential growth opportunity, but the sharp drop in cash reserves could pose a challenge. It will be interesting to see how the company manages these trends in the coming year.

Registered in England/Wales under the registration number 04664850, with a registered address at E1 1RD, London, 105 Commercial Road, Aldgate East.

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