Celebrity Stores Ltd

Celebrity Stores Ltd from Chorley UK is a small, active company founded twelve years ago. With nine employees and £116,159 in assets, it’s a modest operation managed by two directors and one owner. The company has a real address and regularly imports clothing and accessories, not knitted or crocheted, with three months of import activity recorded.

The company operates in the retail sale of clothing in specialised stores. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website is unavailable, making it difficult to determine if it operates an e-commerce platform.

Financially, Celebrity Stores Ltd presents a mixed picture. Current assets have decreased by 40% to £120,000, while net assets have fallen 7.8% to £40,000. Bank borrowings have decreased by 23%, suggesting improved debt management. However, trade debtors have increased dramatically by 6700%, indicating potential issues with customer payments. Cash reserves have also declined by 28%, dropping to £52,000. The company’s equity has increased by 960%, which is a positive sign. With no auditor mentioned, the figures are unaudited.

The sharp increase in trade debtors could be a temporary blip or a sign of underlying problems. The company’s small size and active status suggest it’s adaptable, but the declining cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 08121798, with a registered address at PR7 5LH, England, Chorley, Lancashire, Holly Cottage Preston Road, Charnock Richard.

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