5 Star Uk Trading Ltd

5 Star Uk Trading Ltd, based in Romford, UK, is a small, active company founded six years ago. Despite its active status, the business is currently facing challenges, with both accounts and confirmation statements overdue for a year. Employing just one person and holding £50,964 in assets, it’s a lean operation managed by a single director and owner. The company operates in the retail sale via stalls and markets of other goods, as well as via mail order houses and the internet.

The company's website, 5 Stars Trading, showcases a dynamic multi-brand distribution model. It focuses on supplying brands like SAFETECH, EZVIZ, and ExtraStar, offering a wide range of products from fire alarms and security cameras to lighting and pet supplies. The site also features a blog with articles on safety topics, indicating a desire to establish itself as an authority in the industry. It’s clearly aiming to be a one-stop shop for safety and lifestyle solutions, with a focus on both consumer and trade customers.

Financially, 5 Star Uk Trading Ltd presents a mixed picture. Bank borrowings have decreased slightly by 5.5%, but cash reserves have fallen significantly by 46% to just £4,000. Current assets have also declined by 16% to £51,000, while net assets have plummeted by a staggering 94%, leaving only £440. While creditors have also decreased by 5.5%, the substantial drop in equity is a cause for concern. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the declining equity suggests potential financial strain. No auditor is mentioned, which is common for small companies exempt from mandatory audits.

Overall, 5 Star Uk Trading Ltd appears to be navigating a difficult period. While the website and product range suggest a viable business model, the financial data indicates a need for careful management and a focus on improving profitability. It's clear that the company is facing some financial pressures, but whether it can overcome these challenges remains to be seen.

Registered in England/Wales under the registration number 11770297, with a registered address at RM1 4QL, England, Romford, 10 Eastern Avenue West, Eastern Avenue West.

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