Suntrxe Household Limited

Suntrxe Household Ltd, based in Bristol, UK, is a small, active company founded four years ago. It operates as a solo-founded e-commerce business with two directors and two employees, holding £176,189 in assets. The company’s registered address is a virtual one, shared by 117 other businesses. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of May 2023.

The company’s website, suntrxe innovations, showcases a range of products, from biodegradable coffee cups and vases to plastic cups and site supplies. It emphasizes sustainability and innovation, highlighting renewable materials and partnerships with plastics value chain partners. The site also features a blog discussing environmental initiatives and production processes, suggesting a focus on eco-friendly practices.

Financially, Suntrxe Household Ltd presents a mixed picture. Current assets increased by 100% to £180,000, while net assets decreased by 39% to -£24,000. Cash reserves rose to £610, but net current assets plummeted to -£24,000. Trade debtors increased significantly by 67%, while creditors decreased by 100% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity is a concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Suntrxe Household Ltd seems to be navigating a period of change. The increase in debtors suggests potential challenges in collecting payments, and the negative equity highlights a need for careful financial management. It’s likely that the company is still investing in its e-commerce platform and product offerings, which may be impacting its short-term profitability.

Registered in England/Wales under the registration number 13245241, with a registered address at BS9 4PN, England, Bristol, Henleaze House, 13 Harbury Road.

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