Blackstar Handling Systems Ltd

Blackstar Handling Systems Ltd from Skelmersdale UK: a small, active company founded 23 years ago, employs 13 people, and holds £632,948 in assets. It’s a real address with two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 16 months of import activity recorded, and exports the same items, with 4 months of export activity.

The company’s website showcases its focus on bespoke conveyor systems and automation solutions for businesses across the UK and Europe. It’s not an e-commerce site; instead, it acts as a detailed brochure, highlighting services like conveyor system design, installation, maintenance, and repair. Blackstar Handling Systems also distributes equipment from various manufacturers, including Palomat pallet dispensers and robots. The site details case studies demonstrating how the company has improved productivity and reduced costs for clients, ranging from high-street retailers to food manufacturers.

Financially, Blackstar Handling Systems Ltd presents a mixed picture. Current assets have decreased by 12% to £630,000, while net assets have fallen by 5% to £280,000. Bank borrowings have significantly reduced by 62%, reaching £18,000, and cash reserves have dropped 88% to just £23,000. Creditors have also decreased by 27%, suggesting improved management of short-term debts. 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 decline in cash reserves and equity warrants closer attention. The accounts are unaudited, as is typical for a small company.

The reduced cash reserves could indicate increased investment in operations or challenges in collecting payments. The company’s reliance on external manufacturers suggests a focus on system integration rather than direct product development. Overall, Blackstar Handling Systems Ltd appears to be a stable, albeit financially challenged, player in the materials handling sector.

Registered in England/Wales under the registration number 04411430, with a registered address at WN8 9PN, England, Skelmersdale, Lancashire, 3 Pendle Court, Pendle Place.

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