Sunnen Products Limited
Private Limited Company · Watford
ActiveUnited KingdomIncorporated 1994Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£14,370,262
Cash
£1,510,911
Turnover
—
Profit / loss
—
Current assets
£22,942,192
Creditors < 1 year
£8,373,059
Equity
£14,370,262
Average employees
Not available
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £14,370,262 | £14,535,959 |
| Equity | £14,370,262 | £14,535,959 |
| Share capital | £2,020,302 | £2,020,302 |
| Retained earnings | £11,506,216 | £11,802,411 |
| Assets | ||
| Intangible assets | £1,960,747 | £2,234,427 |
| Property, plant & equipment | £617,667 | £693,890 |
| Investments | £98,913 | £71,892 |
| Current assets | £22,942,192 | £21,379,588 |
| Cash at bank | £1,510,911 | £2,802,669 |
| Debtors | £8,884,259 | £7,046,370 |
| Stock | £12,547,022 | £11,530,549 |
| Liabilities | ||
| Creditors within one year | £8,373,059 | £8,489,553 |
| Creditors after one year | £2,517,432 | £944,453 |
| Bank loans & overdrafts | £2,517,432 | — |
| Provisions | £358,766 | £409,832 |
| Capital commitments | £40,000 | — |
| Net current assets | £14,569,133 | £12,890,035 |
| Assets less current liabilities | £17,246,460 | £15,890,244 |
| Profit & loss | ||
| Dividends | £238,926 | — |
| Operating costs | ||
| Depreciation | £181,020 | £182,263 |
| Amortisation | £266,631 | £284,590 |
| Audit fees | £45,000 | £50,000 |
| Research & development | £991,502 | £864,776 |
| People & pay | ||
| Pension costs | £21,868 | £21,350 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- UHY Hacker Young
- Audit opinion
- Clean (unmodified)
- Immediate parent
- SPG Holdings LLC
- Ultimate parent
- SPG Holdings LLC
- Ultimate controlling party
- SPG Holdings LLC
- Accounts
- FRS 102
- Approved
- 2026-09-15
Subsidiaries (4)
- Sunnen Europe Holdings AG · 100.00 · Switzerland; Fabrikstrasse 1, Ennetaach-Erlen, Thurgau 8586 · Holding company
- Sunnen Italia · 60.00 · Italy; Via Guglielmo Marconi 24/B, Milano, Lombardy, 20044 · Manufacturing and distribution
- Sunnen Polska · 100.00 · Poland; ul. Odrowaza 13, Warszawa, 03310 · Manufacturing and distribution
- Sunnen s.r.o · 100.00 · Czech Republic; Nábřeží Otavy 73, Strakonice 38601 · Manufacturing and distribution
Turnover by segment (12)
- Sale of goods: 28,055,069 (2025-12-31)
- Services rendered: 5,946,270 (2025-12-31)
- Sale of goods: 28,762,900 (2024-12-31)
- Services rendered: 5,622,931 (2024-12-31)
- United Kingdom: 3,145,554 (2025-12-31)
- Europe: 26,742,492 (2025-12-31)
- America: 1,144,223 (2025-12-31)
- Rest of the World: 2,969,070 (2025-12-31)
- United Kingdom: 2,689,973 (2024-12-31)
- Europe: 29,354,220 (2024-12-31)
- America: 975,285 (2024-12-31)
- Rest of the World: 1,366,353 (2024-12-31)
Related parties (5)
- SPG Holdings LLC · Ultimate parent company · Purchases · £7,602,192 (2024: £8,503,475)
- SPG Holdings LLC · Ultimate parent company · Sales · £1,071,835 (2024: £965,264)
- SPG Holdings LLC · Ultimate parent company · Promissory note outstanding · CHF 2,682,993 and £2,361,997 outstanding at 31 December 2025; CHF 3,131,043 and £2,921,795 outstanding at 31 December 2024
- SPG Holdings LLC · Parent company · Dividend paid · £238,926 (2024: £Nil)
- Key management personnel, including directors · Key management personnel · Aggregate compensation · 806,785 (2024: 629,734)
Borrowings (3)
- Bank loan, issued with Credit Suisse under a line of credit · CHF 1,500,000 or £1,320,538 outstanding at 31 December 2025 · 2.55% · Note due May, 2025 · secured on Secured by net assets of Sunnen AG
- Loans at Sunnen Italia supported by government programs · £0 (2024: £15,292)
- Promissory note between Sunnen Europe Holding AG and ultimate parent company Sunnen Products Company · £2,361,997.33 on 31 December 2025; £2,921,795 on 31 December 2024 · 2.65% plus 90-day SOFR · secured on Unsecured and subordinated to other note obligations for the Group
Share classes (1)
- 2,020,302 Ordinary shares of £1 each
Contingent liabilities (1)
- At 31 December 2025 there were contingent liabilities of £40,000 (2024: £40,000) for indemnities in favour of HM Revenue and Customs and the International Air Transport Association. These arose in the normal course of business and no liabilities are expected to arise.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFixed · created 2024-03-08
—
OutstandingShow 1 satisfied / released
Unknown · created 1994-04-22 · satisfied 2024-01-10
THE OBLIGATIONS OF THE COMPANY (THE "TEN ANT") TO THE CHARGEE UNDER THE TERMS OF A LEASE DATED 22ND APRIL 1994 (AS DEFINE D) AND THE CHARGE RELATING TO PREMISES K NOWN AS UNIT 1B,CENTRO,MAXTED ROAD,HEMEL HEMPSTEAD
Satisfied