Sunway Trade Ltd

Sunway Trade Ltd, based in Carlisle, UK, is a small, active company founded nine years ago. It employs just two people and holds assets of £140,496. While the company is registered at a real address, 120 other companies share the same location, suggesting a virtual address. The business is run by one director and one owner, and regularly imports furniture, lighting, and prefabricated buildings—a trend spanning 45 months, with the last import operation occurring in August 2020.

The company operates in the wholesale of furniture, carpets, and lighting equipment industries. Its website is currently unavailable, making it difficult to assess its online presence and sales channels. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Sunway Trade Ltd shows a mixed picture. Current assets have decreased by 4.2% to £140,000, while net assets have dropped by 23% to £71,000. Bank borrowings remain steady at £50,000, and cash reserves have also held firm at £33,000. Creditors have significantly decreased by 62%, a positive sign. However, equity has also declined by 23%, and trade debtors have fallen by 11%. The company’s small size helps it stay agile, but the equity drop and the lack of a mention of an auditor (likely exempt as a small company) raise questions about its long-term financial health. The company's financial statements are unaudited.

Registered in England/Wales under the registration number 09908903, with a registered address at CA3 8RH, England, Carlisle, Unit 11 Fisher Street Galleries 18 Fisher Street.

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