SUNSYNK UK LTDActive

Company number 08778087Private limited companyIncorporated 2013

Key figures

−£737,589-126.3%
Net assets 2024/25
-2 m02 m4 m2019/202021/222022/232023/242024/25

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
010 m20 m30 m2019/202021/222022/232023/242024/25
Filed accounts2019/20–2024/25
2019/202021/222022/232023/242024/25
Turnover——23,689,42913,738,35413,455,726
Profit for the year——3,788,712-1,014,218-3,542,360
Cash at bank and in hand10,937311,1847,899,67313,180,6972,235,247
Total assets63,247929,51519,942,98222,417,88512,890,431
Total liabilities4,711944,39016,359,67419,547,57213,628,020
Net assets / total equity58,53630,2773,818,9892,804,771-737,589
Average number of employees02103348
Average pay (per year)——72,96755,05579,055

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

The principal activity of the company continued to be the distribution of hybrid inverters and associated accessories, including batteries, used in the renewable energy sector. Results, performance and developments during the year Revenue levels in the year to March 2025 at £13.5m were slightly lower than the in the prior year (£13.7m), whilst gross profit margins increased from 18.0% to 28.2%. These margins improvements were in line with expectations following the pricing pressure in the period to March 2024 which had diluted overall margins. There has been a large increase in distribution costs in the current year following a relocation to improve our customer service, whilst Administrative expenses also show a sharp increase as we relocated many of our group functions from Hong Kong to the UK. We remain confident in the long term fundamentals of the market and have continued to invest in our infrastructure during the year, building teams who can deliver further growth and maintain our market leading position. Principal risks and uncertainties The directors consider that the key risks and principal uncertainties faced by the company are: products cost price volatility, exchange rate variances and supply chain distribution. These risks are managed through monitoring of the appropriate markets, the use of forward contracts and currency hedges, maintaining close relationships and multiple sourcing of key resources. Financial instruments Due to the nature of the financial instr

As described in the company's latest filed accounts.

Summary: SUNSYNK UK LTD

Company

SUNSYNK UK LTD is a private limited company registered with Companies House under company number 08778087. It was incorporated on 15 Nov 2013. Its status is active. The registered office is in Wrexham technology park (LL13). Its nature of business (SIC 2007) is wholesale of other machinery and equipment (46690).

Accounts

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files medium company accounts. Turnover was £13,455,726. Loss for the year was £3,542,360. Net assets were −£737,589, down 126.3% on the previous year. Cash at bank and in hand was £2,235,247. Total assets were £12,890,431 and total liabilities £13,628,020. The company had an average of 48 employees. Figures are available for 5 financial years (2019/20–2024/25).

Control and charges

2 persons with significant control are registered. 1 of 1 registered charges are outstanding.

Filing deadlines

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 29 Nov 2026.