Suscom Industries Limited

Suscom Industries Ltd, located in Pemberton, Wigan, UK, is a large, active family business established 20 years ago. Employing 42 people, the company boasts £6,765,592 in assets and generates £14,428,285 in yearly revenue. It has four directors and two owners, and enjoys a perfect 5.0 Google rating based on three reviews. Suscom is a regular importer and exporter of furniture, lighting, and prefabricated buildings, with 276 months of import activity and 75 months of export activity recorded.

The company's website, salessuscomind.co.uk, showcases Suscom as the UK’s leading furniture component manufacturer. It offers a wide range of products, including components, kits, and highlighted items like AIO 4D arms and Oscar chairs. The site’s design is clean and functional, emphasizing product listings and contact information. It’s clear Suscom focuses on B2B sales, supplying components to furniture manufacturers rather than directly selling to consumers.

Financially, Suscom's report reveals a mixed picture. While turnover remains strong at £14,428,285, net assets have decreased by 13% to £5,000,000. Bank borrowings increased by 200% to £29,000, and cash reserves fell 30% to £520,000. However, creditors have also decreased by 17%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover over £36 million and balance sheet total over £18 million. Hillier Hopkins LLP performed the audit. The decrease in net assets, while concerning, could be due to investments in new equipment or expansion efforts, although the increase in bank borrowings suggests a need for additional financing. It's likely the company is facing some challenges in managing its working capital, but its strong revenue generation and positive Google rating indicate a healthy core business.

Registered in England/Wales under the registration number 05151270, with a registered address at WN5 8DH, Pemberton Wigan, Lancashire, Unit 8 Leopold Street, Lamberhead Industrial Estate.

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