Aigostar International Limited

Aigostar International Limited, based in Billingham, UK, is a small, active company founded 10 years ago. With seven employees and £2,508,773 in assets, it operates from a real address and is led by two directors and a solo founder. The company boasts a 2.0 Google rating from six reviews and regularly imports electrical machinery and equipment – 204 months worth, with the last operation in January 2025.

The company's website, Aigostar, showcases a diverse range of brands and services, including corporate news, recruitment opportunities, and a blog. It also offers multiple language options (English, Spanish, French, Italian, Polish, German, Dutch, Portuguese) and provides contact forms for various inquiries. The site's focus appears to be on wholesale and retail of furniture, carpets, lighting equipment, and electrical household appliances – a broad scope for a small business. It seems to be an e-commerce operation, with a clear emphasis on B2B sales and a subscription service for product news.

Financially, Aigostar International Limited presents a mixed picture. While current assets increased by 32% to £2,500,000, net assets declined by 96% to -£6,200. Cash bank on hand has dropped significantly by 90% to just £6,200. Trade creditors have risen by 22% to £2,400,000, and trade debtors have increased dramatically by 8100% to £810,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is concerning. The company’s average number of employees decreased by 14% to six, which could be a result of cost-cutting measures. With no auditor mentioned, the financial data is unaudited.

The substantial increase in trade debtors suggests potential issues with customer payments, while the decrease in cash reserves indicates a need to manage liquidity carefully. The company’s focus on multiple languages and international trade suggests an ambition to expand its reach, but its financial performance will need to improve to sustain this growth.

Registered in England/Wales under the registration number 09532723, with a registered address at TS22 5FE, England, Billingham, 4 Glenarm Road, Wynyard.

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