Astar Electronics Ltd

Astar Electronics Ltd is a small, active company based in Waltham Cross, UK, founded three years ago in 2021. It operates as an e-commerce site and has one director and owner. The company’s core business involves retail sale via mail order houses or via internet industries.

The company’s website, Astar Electronics Co. Ltd, lists a wide range of products, primarily GPS LCD and touch screens, and mobile phone LCD screens. It acts as a Chinese supplier, operating on GoldSupplier.com. The site actively solicits inquiries and provides contact information, including a chat function and email address. It also lists a variety of other products, from hair extensions to electrical cables, suggesting a broad sourcing network.

Financially, Astar Electronics Ltd shows a concerning trend. Net assets liabilities have doubled to -£4,700, while accrued liabilities and amounts owed to directors have also increased significantly. Creditors have doubled as well, reaching £4,700. Cash reserves are not mentioned, and the company reported zero employees. 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 declining equity and increasing debt raise questions about its long-term viability. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

While the e-commerce site appears active and offers a wide selection of products, the financials suggest the company is burning through money. The lack of employees and the reliance on debt could be a sign of a struggling startup, or it could simply reflect a lean operational model.

Registered in England/Wales under the registration number 13668208, with a registered address at EN8 9DE, England, Waltham Cross, 206 Turners Hill Turners Hill, Cheshunt.

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