Crestar Ltd

Crestar Ltd, based in Biggleswade, UK, is a small, active company founded nineteen years ago. With three employees and £1,447,354 in assets, it’s a modest operation led by a solo founder and overseen by three directors. The company, which has a real address, regularly imports soaps, cleaning products, and waxes—a pattern observed over the last four months.

While the company operates in the “other retail sale in non-specialised stores” industry, its website is currently unavailable, making it difficult to assess its online presence or e-commerce activities.

Financially, Crestar Ltd presents a mixed picture. Cash and cash equivalents decreased by 4.6% to £780,000, while bank borrowings increased by 7% to £61,000. Creditors also decreased by 2.5% to £430,000, suggesting some improvement in managing short-term debt. Net assets, however, increased by 12% to £920,000, which is a positive sign. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for flexibility, but the fluctuating bank borrowings suggest a need for careful cash flow management. The company’s financial statements are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s owner, Kumar Raj, is also listed as a director, and the company’s financial data indicates a slight increase in average employees during the period. While the company appears to be stable, it’s worth noting that the decrease in cash reserves could indicate a need to monitor expenses closely.

Registered in England/Wales under the registration number 05614451, with a registered address at SG18 8QB, England, Biggleswade, Bedfordshire, 2 Omega Centre, Stratton Business Park.

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