Sunsynk Uk Ltd
08778087
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/02/2024
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 3 other boards
director · Since 01/07/2024
CHIEF OPERATING OFFICER
BRITISH · ENGLAND · Age 59
Also on 3 other boards
Persons with Significant Control
Mr John Harold Fearnall
British · United Kingdom · Age 61
Unit 10, Edison Court, Wrexham Technology Park, LL13 7YT
Notified 06/04/2016
Mr Keith Adrian Gough
British · England · Age 64
45, Harworth Road, St. Helens, WA9 5FX
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 2563+ SIC 46690 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern In forming our opinion we have considered the adequacy of the disclosure made in note 3 of the financial statements regarding the going concern status of the company. The company incurre
Key FinancialsYear ending 31/03/2025
Turnover
£13.5M
Annual revenue
Net Worth
-£738k
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
-£3.6M
Bottom line earnings
Net Current Assets
-£1.2M
Working capital
Current Assets
£12.4M
Current Liabilities
£13.6M
Fixed Assets
£450k
Debtors
£5.9M
Cost of Sales
£9.7M
Gross Profit
£3.8M
Admin Expenses
£6.7M
Operating Profit
-£3.7M
Profit After Tax
-£3.5M
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | +£0 |
| 2025 | 0.91 | -£3.5M |
| 2024 | 1.13 | -£1.0M |
| 2023 | 1.22 | +£3.8M |
| 2022 | 1.01 | -£28k |
| 2020 | 13.43 | +£6k |
| 2019 | 1.44 | +£1k |
| 2018 | 1.58 | — |
Derived from filed accounts. Not audited figures.